City of Austin Housing Finance Corporation Board of Directors will meet Sept. 30.
Here is the agenda provided by the board:
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. Approve the meeting minutes of the August 11, 2021, August 26, 2021, and September 2, 2021 board meetings of the Austin Housing Finance Corporation.
Strategic Outcome(s): Economic Opportunity and Affordability.
2. Approve a resolution authorizing the formation of AHFC Cairn Point Non-Profit Corporation, a Texas nonprofit corporation and instrumentality of the Austin Housing Finance Corporation; approving its certificate of formation and by-laws; appointing its Board of Directors and President; and authorizing AHFC Cairn Point Non-Profit Corporation to act as general partner of the limited partnership that will own the Cairn Point Apartments, located at 5612 Springdale Road, Austin, TX 78723.
District(s): District 1
3. Conduct a public hearing to receive public comment regarding Austin Housing Finance Corporation’s issuance of up to $25,000,000 of Multi-family Housing Revenue Bonds to finance a proposed housing development located at 11700 Dionda Lane in Austin, Texas 78617, by the Austin Colorado Creek Apartments, LP, or an affiliated entity, and to be known as Austin Colorado Creek Apartments.
Strategic Outcome(s): District(s): Economic Affordability and Opportunity.
District 2
4. Approve a resolution authorizing the Austin Housing Finance Corporation to issue Multi-family Housing Revenue Bonds, in an aggregate principal amount up to $25,000,000, that will provide financing for the development of Austin Colorado Creek Apartments, located at 11700 Dionda Lane in Austin, Texas, 78617; approving related documents; and authorizing specific named representatives of the Austin Housing Finance Corporation to execute the documents relating to issuance of the bonds and closing the transaction.
Strategic Outcome(s): Economic Opportunity and Affordability
District(2):
Adjourn
