Regular Meeting of the Austin Housing Finance Corporation (AHFC) Board of Directors
May 4, 2023

Agenda Items - May 4, 2023

Scroll down to view each item on the meeting agenda or click on a number to go directly to that item.

AHFC001

AHFC002

Item AHFC001 - May 4, 2023

Conduct a public hearing regarding a Second Amendment to the Funding Loan Agreement related to the issuance of multi-family housing revenue bonds to Govalle Terrace Partners, LP, for revising the face amount of the bonds to the anticipated amount of $9,600,000 and extending the maturity date to December 1, 2037, to finance the operating costs of a multi-family housing development known as Los Portales de Lena Guerrero, formerly known as Govalle Terrace, located at or near 5225 Jain Lane, Austin, Texas 78721. Related to Item No. 2. District(s) Affected: District 3.

Work Papers and Other Backup Documentation

20230504-AHFC001, Agenda Backup: Backup, PDF, 177 KB, posted 4/21/2023

20230504-AHFC001, Agenda Backup: Draft Second Amendment, PDF, 299 KB, posted 4/21/2023

20230504-AHFC001, Agenda Backup: First Amendment, PDF, 262 KB, posted 4/21/2023

20230504-AHFC001, Agenda Backup: Funding Loan Agreement, PDF, 2.0 MB, posted 4/21/2023

20230504-AHFC001, Agenda Backup: Recommendation for Action, PDF, 116 KB, posted 4/21/2023

20230504-AHFC001, Agenda Late Backup: Postponement Memo, PDF, 181 KB, posted 5/4/2023

Item AHFC002 - May 4, 2023

Approve a resolution authorizing a Second Amendment to the Funding Loan Agreement related to the issuance of Austin Housing Finance Corporation multi-family housing revenue bonds to Govalle Terrace Partners, LP, in substantially the form attached to the resolution, to finance the operating costs of a multi-family housing development known as Los Portales de Lena Guerrero, formerly known as Govalle Terrace, located at or near 5225 Jain Lane, Austin, Texas 78721, and authorizing specific named representatives of the Austin Housing Finance Corporation to execute the documents relating to issuance of the bonds and closing the transaction. Related to Item No. 1. District(s) Affected: District 3.