City of Austin Housing Public Facility Corporation Board of Directors will meet Sept. 29.
Here is the agenda provided by the board:
THE AUSTIN HOUSING PUBLIC FACILITY CORPORATION WILL MEET AT 10:30 AM, AUSTIN CITY HALL 301 W. SECOND STREET AUSTIN, TX AND SOME MEMBERS OF CITY COUNCIL MAY BE PARTICIPATING BY 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. Approve a resolution adopting the Austin Housing Public Facility Corporation Bylaws and approving the officer selection process as set forth in the Bylaws.
2. Approve an inducement resolution related to an application for private activity bond financing that authorizes an allocation of up to the greater of 1.7% of the state ceiling or $50,000,000 in private activity volume cap multi-family non-recourse bonds to Aspire at Big Austin, LP, or an affiliated entity, for a proposed affordable multi-family development to be known as Aspire at Big Austin, located at 914 East Braker Lane, Austin, Texas 78753.
District(s): District 1
3. Approve an inducement resolution related to an application for private activity bond financing that authorizes an allocation of up to $20,000,000 in private activity volume cap multi-family non-recourse bonds to Cairn Point at Cameron, LP, or an affiliated entity, for a proposed affordable multi-family development to be known as Cairn Point at Cameron Road, located at 7205 Cameron Road, Austin, Texas 78752.
District(s): District 4
4. Approve an inducement resolution related to an application for private activity bond financing that authorizes an allocation of up to $30,000,000 in private activity volume cap multi-family non-recourse bonds to Libertad Austin at Gardner, LP, or an affiliated entity, for a proposed affordable multi-family development to be known as Libertad Austin at Gardner, located at 900 Gardner Road, Austin, Texas 78721.
District(s): District 3
5. Approve an inducement resolution related to an application for private activity bond financing that authorizes an allocation of up to $38,000,000 in private activity volume cap multi-family non-recourse bonds to AHFC-FC Norman Housing, LP, a to-be-formed Texas limited partnership, or an affiliated entity, for a proposed affordable multi-family development to be known as Norman, located at 3811 Tannehill Lane, Austin Texas 78721.
District(s): District 1
6. 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 multi-family non-recourse bonds to AHFC Ryan Drive Non-Profit Corporation, a to-be-formed non-profit corporation controlled by Austin Housing Finance Corporation, or an affiliated entity, for a proposed affordable multi-family development to be known as Ryan Drive, located at 6909 Ryan Drive, Austin, Texas 78757.
District(s): District 7
7. Approve an inducement resolution related to an application for private activity bond financing that authorizes an allocation of up to $45,000,000 in private activity volume cap multi-family non-recourse bonds to ACG RBJ II, LLC, or an affiliated entity, for a proposed affordable multi-family development to be known as The Rebekah, located at 1320 Art Dilly Drive, Austin, Texas 78702.
District(s): District 3
8. Approve an inducement resolution related to an application for private activity bond financing that authorizes an allocation of up to $34,000,000 in private activity volume cap multi-family non-recourse bonds to Austin Leased Housing Associates VI, LP, or an affiliated entity, for a proposed affordable multi-family development to be known as Woodway Square, located at 1700 Teri Road, Austin, Texas 78744.
District(s): District 2
Adjourn
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