1. Approve the minutes of the October 15, 2009 Board meeting of the Austin Housing Finance Corporation. 2. Approve an inducement resolution for private activity bond financing to be submitted to the Texas Bond Review Board for an allocation of up to $6 million in private activity volume cap multi-family non-recourse bonds for the acquisition and rehabilitation of the Elm Ridge Apartments, 1161 Harvey Street, by the bond financing applicant, Elm Ridge Affordable Partners, Ltd., Tuscaloosa, Alabama, or its affiliate. 3. Set a public hearing to receive public input on the issuance of up to $6 million of private activity volume cap multi-family housing non-recourse bonds to finance the acquisition and rehabilitation of the Elm Ridge Apartments, 1161 Harvey Street, a 130-unit apartment complex to be owned and operated by Elm Ridge Affordable Partners, Ltd., a single purpose limited partnership affiliated with Summit Housing Partners, Tuscaloosa, Alabama. (Suggested date and time, December 10, 2009, 3:00 p.m. at Austin City Hall, 301 W. Second Street, Austin, TX.) Adjourn
Nov 05, 2009 Austin Housing Finance Corporation
1. Approve the minutes of the October 15, 2009 Board meeting of the Austin Housing Finance Corporation. 2. Approve an inducement resolution for private activity bond financing to be submitted to the Texas Bond Review Board for an allocation of up to $6 million in private activity volume cap multi-family non-recourse bonds for the acquisition and rehabilitation of the Elm Ridge Apartments, 1161 Harvey Street, by the bond financing applicant, Elm Ridge Affordable Partners, Ltd., Tuscaloosa, Alabama, or its affiliate. 3. Set a public hearing to receive public input on the issuance of up to $6 million of private activity volume cap multi-family housing non-recourse bonds to finance the acquisition and rehabilitation of the Elm Ridge Apartments, 1161 Harvey Street, a 130-unit apartment complex to be owned and operated by Elm Ridge Affordable Partners, Ltd., a single purpose limited partnership affiliated with Summit Housing Partners, Tuscaloosa, Alabama. (Suggested date and time, December 10, 2009, 3:00 p.m. at Austin City Hall, 301 W. Second Street, Austin, TX.) Adjourn