City of Austin Housing Finance Corporation Board of Directors will meet Feb. 3

City of Austin Housing Finance Corporation Board of Directors will meet Feb. 3.

Here is the agenda provided by the board:

The Austin Housing Finance Corporation will meet at 10:30 a.m., Austin City Hall, 301 W. Second Street, Austin TX, and some members of the City Hall may be Participating Via Videoconference.

AGENDA

The Board may go into a closed session as permitted by the Texas Open Meeting Act (Chapter 551 of the Texas Government Code) regarding any item in this agenda.

Consent

1. Approve a resolution authorizing the formation of AHFC Pecan Park PSH Non-Profit Corporation, a Texas nonprofit corporation and instrumentality of the Austin Housing Finance Corporation to develop low-income housing; approving the form of its certificate of formation and by-laws; appointing its Board of Directors and President and authorizing AHFC Pecan Park PSH Non-Profit Corporation to acquire a former hotel, previously known as Candlewood Suites, located at 10811 Pecan Park Blvd., Bldg. 2, Austin Texas, from the City of Austin, to contract with Family Eldercare to rehabilitate, develop, manage, and operate the facility as a residential rental development, and to lease units to qualified tenants who have experience homelessness.

District(s): District 6

Adjourn

https://www.austintexas.gov/edims/document.cfm?id=375275