City of Austin Housing Finance Corporation Board of Directors met Dec. 2.
Here are the minutes provided by the board:
The Board of Directors of the Austin Housing Finance Corporation (AHFC) was convened in the Council Chambers of City Hall, 301 W. 2nd Street, Austin, Texas. The following were the AHFC items considered by the Austin Housing Finance Corporation’s Board of Directors.
President Adler called the meeting to order at 11:11 a.m. Vice President Harper-Madison and Director Alter appeared via videoconference.
CONSENT AGENDA
AHFC1. Approve the meeting minutes of the November 4, 2021 board meeting of the Austin Housing Finance Corporation. The motion to approve the minutes of the November 4, 2021 board meeting was approved on consent on Director Tovo’s motion, Director Renteria’s second on an 11-0 vote.
AHFC2. Approve an inducement resolution related to an application for private activity bond financing that authorizes an allocation of up to $50,000,000 in private activity volume cap multifamily nonrecourse bonds to a to-be-formed limited partnership, controlled by its sole general partner, AHFC Manor Non-Profit Corporation, for a proposed affordable multifamily development located at or near 3515 Manor Road, Austin, TX 78723. District(s) Affected: District 1. Resolution No. 20211202-AHFC002 was approved on consent on Director Tovo’s motion, Director Renteria’s second on an 11-0 vote.
President Adler adjourned the meeting at 11:12 a.m. without objection.
