City of Austin Housing Finance Corporation Board of Directors will meet Oct. 10.
Here is the agenda provided by the board:
THE AUSTIN HOUSING FINANCE CORPORATION WILL MEET ON THURSDAY, OCTOBER 10, 2024 AT 10:30 AM, AUSTIN CITY HALL, 301 W. SECOND STREET, AUSTIN, TX AND SOME BOARD MEMBERS MAY BE PARTICIPATING VIA VIDEOCONFERENCE
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 1. Authorize negotiation and execution of a loan agreement and related documents with Ovetta Rosedale, LLC, or an affiliated entity, in the amount of $5,195,000, for a multifamily rental development to be known as Ovetta Rosedale, located at or near 4202 – 4210 Medical Parkway, Austin, Texas 78756.
2. Authorize negotiation and execution of a loan agreement and related documents with Bailey at Stassney, LP, or an affiliated entity in an amount not to exceed $5,600,000, for a multifamily rental development to be known as Bailey at Stassney, located at or near 400 and 404 West Stassney Lane, Austin, Texas 78745.
3. Authorize negotiation and execution of a loan agreement and related documents with The Sasha, LP, or an affiliated entity, in an amount not to exceed $8,495,000 for a multifamily rental development to be known as The Sasha, located at or near 1325 Grove Boulevard, Austin, Texas 78741.
4. Authorize negotiation and execution of a loan agreement and related documents with Bailey at Berkman LP, or an affiliated entity, in an amount not to exceed $5,500,000 for a multifamily rental development to be known as Bailey at Berkman, located at or near 6405 Berkman Drive, Austin, Texas 78723.
Adjourn
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https://services.austintexas.gov/edims/document.cfm?id=437747
