1. Approve the minutes of the May 27, 2010 Board meeting of the Austin Housing Finance Corporation. 2. Approve a resolution appointing officers to the Austin Housing Finance Corporation, and directors to the Board of Directors of the AHFC subsidiaries Arbors at Creekside Non-Profit Corporation, the Austin Inner-City Redevelopment Corporation, the Villas on Sixth Non-Profit Corporation, the AHFC Village on Little Texas Non-Profit Corporation, all with terms to expire on July 28, 2013. 3. Rescind prior approval to negotiate and execute a loan to KAPLAN ACQUISITIONS, L.L.C., or its affiliate, under the Rental Housing Development Assistance program in an amount not to exceed $1,170,737 in General Obligation Bond funding designated for a proposed multi-family development at 501 East Oltorf Street.
Jul 28, 2010 Austin Housing Finance Corporation
1. Approve the minutes of the May 27, 2010 Board meeting of the Austin Housing Finance Corporation. 2. Approve a resolution appointing officers to the Austin Housing Finance Corporation, and directors to the Board of Directors of the AHFC subsidiaries Arbors at Creekside Non-Profit Corporation, the Austin Inner-City Redevelopment Corporation, the Villas on Sixth Non-Profit Corporation, the AHFC Village on Little Texas Non-Profit Corporation, all with terms to expire on July 28, 2013. 3. Rescind prior approval to negotiate and execute a loan to KAPLAN ACQUISITIONS, L.L.C., or its affiliate, under the Rental Housing Development Assistance program in an amount not to exceed $1,170,737 in General Obligation Bond funding designated for a proposed multi-family development at 501 East Oltorf Street.