Meeting of the Austin Housing Finance Corporation (AHFC) Board of Directors
December 16, 2004

Approved Meeting Minutes

The minutes for the Austin Housing Finance Corporation meeting of December 16, 2004 were approved on Board Member McCracken's motion, Board Member Dunkerley's second on a 6-0 vote Vice President Goodman was off the dais.

  Minutes,  42kb

Agenda Items

Item AHFC001 - December 16, 2004

Approve the minutes of the November 18, 2004 Board meeting of the Austin Housing Finance Corporation.

The minutes for the Austin Housing Finance Corporation meeting of November 18, 2004 were approved on Vice President Goodman's motion, Board Member McCracken's second on a 6-0 vote. Board Member Slusher was off the dais.

Work Papers and Other Backup Documentation

  20041216-AHFC001, Agenda Backup,  PDF,  50kb

Item AHFC002 - December 16, 2004

Approve the negotiation and execution of a deferred payment forgivable loan agreement with the Guadalupe Neighborhood Development Corporation in an amount not to exceed $360,000 to fund the Guadalupe Neighborhood Development Corporation's construction of six affordable rental housing units located in the Guadalupe neighborhood at 1003 Lydia, 907 Spence, 1009 East 10th Street, 809 San Marcos, and 2320 Santa Rita. (HOME funding is available in the Fiscal Year 2004-2005 Austin Housing Finance Corporation budget allocation under the Rental Housing Development Assistance Program.)

The motion authorizing the negotiation and execution of a deferred payment forgivable loan agreement was approved on Board Member Alvarez' motion, Board Member Dunkerley's second on a 7-0 vote.

Work Papers and Other Backup Documentation

  20041216-AHFC002, Agenda Backup,  PDF,  88kb

Item AHFC003 - December 16, 2004

Approve the negotiation and execution of a Loan Agreement between Martin Fein Interests, Ltd., Houston, TX, and the Austin Housing Finance Corporation, in an amount not to exceed $300,000 to fund Austin Housing Finance Corporation's construction construct of 14 affordable housing units. (Funding is available through loan proceeds to the Austin Housing Finance Corporation.)

This item was postponed to January 13, 2005 on Board Member Alvarez' motion, Board Member Slusher's second on a 7-0 vote.

Work Papers and Other Backup Documentation

  20041216-AHFC003, Agenda Backup,  PDF,  49kb

Page updated: 7/17/2013
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