Meeting of the Austin Housing Finance Corporation (AHFC) Board of Directors
December 1, 2005
Approved Meeting Minutes
The minutes for the Austin Housing Finance Corporation meeting of December 1, 2005 were approved on the 12th day of January, 2006 on Board Member Dunkerley's motion, Board Member McCracken's second on a 6-0 vote. Vice President Thomas was absent.
Minutes, 35kb
Agenda Items
Item AHFC001 - December 1, 2005
Approve the minutes of the November 17, 2005 Board meeting of the Austin Housing Finance Corporation.
The minutes for the Austin Housing Finance Corporation meeting of November 17, 2005 were approved on Board Member Alvarez' motion, Board Member Leffingwell's second on a 6-0 vote. Board Member McCracken was off the dais.
Work Papers and Other Backup Documentation
20051201-AHFC001, Agenda Backup, PDF, 54kb
Item AHFC002 - December 1, 2005
Authorize the negotiation and execution of a loan in compliance with applicable federal requirements including Code of Federal Regulations Title 24 Section 85.40 performance goals, under the Acquisition and Development Program an amount not to exceed $132,172 to NEIGHBORHOOD HOUSING SERVICES OF AUSTIN, INC., Austin TX, for construction of one new single-family home at 7300 Blessing Avenue, and to provide funding for a homebuyer assistance loan to a low- to moderate-income buyer of the home (Funding is available in HOME Program Income funds allocated in the Fiscal Year 2005-2006 Budget of the Austin Housing Finance Corporation.)
The motion authorizing the negotiation and execution of a loan was approved on Board Member Kim's motion, Board Member Alvarez' second on a 6-0 vote. Board Member McCracken was off the dais
Work Papers and Other Backup Documentation
20051201-AHFC002, Agenda Backup, PDF, 66kb
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