Regular Meeting of the Austin Housing Finance Corporation (AHFC) Board of Directors
February 13, 2025: Agenda
Hybrid Speaker Registration and Rules
20250213, Austin House Finance Corporation (AHFC) Meeting - Hybrid Speaker Registration and Rules
Meeting Agenda
Agenda: Austin Housing Finance Corporation (AHFC), 124 KB
Agenda Items - February 13, 2025
Scroll down to view each item on the meeting agenda or click on a number to go directly to that item.
| AHFC001 | AHFC002 | AHFC003 | AHFC004 | AHFC005 | AHFC006 | AHFC007 |
AGENDA
The Board may go into a closed session as permitted by the Texas Open Meetings Act, (Chapter 551 of the Texas Government Code) regarding any item on this agenda.
Consent
Item AHFC001
Authorize negotiation and execution of a grant agreement, and related documents, with St. David’s Foundation to receive a $750,000 grant to be the funding source of a loan to 5900 Pleasant Valley, LP, or its affiliate, for the residential development known as Sycamores at Pleasant Valley located at or near 5900 S. Pleasant Valley Road, Austin, Texas 78744. Funding: This item has no fiscal impact and there is no required match.
Work Papers and Other Backup Documentation
20250213-AHFC001, Agenda Backup: Recommendation for Action, PDF, 129 KB, posted 1/31/2025
Item AHFC002
Approve a resolution authorizing the winding up and termination of AHFC Avalon Non-Profit Corporation, a Texas nonprofit corporation (Nonprofit Corporation) and instrumentality of the Austin Housing Finance Corporation (AHFC); approving its certificate of termination; and authorizing title or any other interest in real and personal property owned by the Nonprofit Corporation to vest in AHFC. Funding: This item has no fiscal impact.
Work Papers and Other Backup Documentation
20250213-AHFC002, Agenda Backup: Draft Resolution, PDF, 40 KB, posted 1/31/2025
20250213-AHFC002, Agenda Backup: Exhibit A, PDF, 1.1 MB, posted 1/31/2025
20250213-AHFC002, Agenda Backup: Recommendation for Action, PDF, 93 KB, posted 1/31/2025
Item AHFC003
Approve a resolution authorizing the winding up and termination of AHFC Village on Little Texas Non-Profit Corporation, a Texas nonprofit corporation (Nonprofit Corporation) and instrumentality Austin Housing Finance Corporation (AHFC); approving its certificate of termination; and authorizing title or any other interest in real and personal property owned by the Nonprofit Corporation to vest in AHFC. Funding: This item has no fiscal impact.
Work Papers and Other Backup Documentation
20250213-AHFC003, Agenda Backup: Draft Resolution, PDF, 34 KB, posted 1/31/2025
20250213-AHFC003, Agenda Backup: Exhibit A, PDF, 830 KB, posted 1/31/2025
20250213-AHFC003, Agenda Backup: Recommendation for Action, PDF, 93 KB, posted 1/31/2025
Item AHFC004
Approve a resolution authorizing the winding up and termination of AHFC Pecan Park PSH Non-Profit Corporation, a Texas nonprofit corporation (Nonprofit Corporation) and instrumentality of the Austin Housing Finance Corporation (AHFC); approving its certificate of termination; and authorizing title or any other interest in real and personal property owned by the Nonprofit Corporation to vest in AHFC. Funding: This item has no fiscal impact.
Work Papers and Other Backup Documentation
20250213-AHFC004, Agenda Backup: Draft Resolution, PDF, 33 KB, posted 1/31/2025
20250213-AHFC004, Agenda Backup: Exhibit A, PDF, 892 KB, posted 1/31/2025
20250213-AHFC004, Agenda Backup: Recommendation for Action, PDF, 93 KB, posted 1/31/2025
Item AHFC005
Approve the minutes of the Austin Housing Finance Corporation Board of Directors meeting for December 12, 2024. Funding: This item has no fiscal impact.
Work Papers and Other Backup Documentation
20250213-AHFC005, Agenda Backup: Backup, PDF, 62 KB, posted 1/31/2025
20250213-AHFC005, Agenda Backup: Recommendation for Action, PDF, 90 KB, posted 1/31/2025
Item AHFC006
Authorize negotiation and execution of all documents and instruments necessary or desirable to acquire approximately 1.561 acres located at or near 2908 and 2910 South Congress Avenue, Austin, Texas 78704, for affordable housing purposes in an amount not to exceed $10,500,000, plus closing costs. Funding: Funding is available in the Fiscal Year 2024-2025 Budget for the Austin Housing Finance Corporation.
Work Papers and Other Backup Documentation
20250213-AHFC006, Agenda Backup: Recommendation for Action, PDF, 130 KB, posted 1/31/2025
Item AHFC007
Authorize negotiation and execution of a contract with Guidehouse, Inc. to assist in the implementation of program recommendations and underwriting tools to support the affordable housing development loan programs with procedures and standards in an amount not to exceed $200,000. Funding: $200,000 is available in the Fiscal Year 2024-2025 Austin Housing Finance Corporation Housing Assistance Fund.
Work Papers and Other Backup Documentation
20250213-AHFC007, Agenda Backup: Backup, PDF, 990 KB, posted 1/31/2025
20250213-AHFC007, Agenda Backup: Recommendation for Action, PDF, 126 KB, posted 1/31/2025
Adjourn
Page updated: 2/11/2025, 3:10pm
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