Consent 1. Approve the minutes of the January 17, 2013 Board meeting of the Austin Housing Finance Corporation. 2. Approve a resolution amending the Fiscal Year 2012 - 2013 Austin Housing Finance Corporation Grant Operating Budget (Resolution 20120910-AHFC001) to accept and appropriate $75,000 for the Choice Neighborhoods Initiative. Related to Item #3. 3. Authorize negotiation and execution of Amendment No. 1 to the Fiscal Year 2012 - 2013 Service Agreement with the Neighborhood Housing and Community Development Office to increase funding in the amount of $75,000 for the Choice Neighborhoods Initiative. Related to Item #2. 4. Approve a resolution adopting the Austin Housing Finance Corporation Capital Budget for Fiscal Year 2012-2013 in the amount of $10,000,000. Related to Item #5. 5. Authorize the negotiation and execution of Amendment #2 to the Fiscal Year 2012-2013 Service Agreement with the Neighborhood Housing and Community Development Office in an amount not to exceed $10,000,000. Related to Item #4. 6. Authorize an increase in the amount of $342,344 to an existing loan to Austin Habitat for Humanity, Inc. for a total loan amount not to exceed $463,844, for the infrastructure development of the Lee Meadows Subdivision which will result in additional units of ownership housing that are affordable to low- and moderateincome buyers. 7. Authorize negotiation and execution of an increase in the loan amount for a loan to Foundation Communities, Inc. to increase the loan by $790,000 for a total of $3,150,000 for property acquisition and new construction of a 135-unit singleroom occupancy housing facility for homeless and low-income individuals to be located at 309 East 11th Street. 8. Approve the negotiation and execution of a loan to Austin Habitat for Humanity, Inc. for the acquisition of land on Meadow Lake Boulevard that will result in the construction of new single-family homes that are affordable to low- and moderate-income buyers for an amount not to exceed $642,896. Adjourn
Apr 11, 2013 Austin Housing Finance Corporation
Consent 1. Approve the minutes of the January 17, 2013 Board meeting of the Austin Housing Finance Corporation. 2. Approve a resolution amending the Fiscal Year 2012 - 2013 Austin Housing Finance Corporation Grant Operating Budget (Resolution 20120910-AHFC001) to accept and appropriate $75,000 for the Choice Neighborhoods Initiative. Related to Item #3. 3. Authorize negotiation and execution of Amendment No. 1 to the Fiscal Year 2012 - 2013 Service Agreement with the Neighborhood Housing and Community Development Office to increase funding in the amount of $75,000 for the Choice Neighborhoods Initiative. Related to Item #2. 4. Approve a resolution adopting the Austin Housing Finance Corporation Capital Budget for Fiscal Year 2012-2013 in the amount of $10,000,000. Related to Item #5. 5. Authorize the negotiation and execution of Amendment #2 to the Fiscal Year 2012-2013 Service Agreement with the Neighborhood Housing and Community Development Office in an amount not to exceed $10,000,000. Related to Item #4. 6. Authorize an increase in the amount of $342,344 to an existing loan to Austin Habitat for Humanity, Inc. for a total loan amount not to exceed $463,844, for the infrastructure development of the Lee Meadows Subdivision which will result in additional units of ownership housing that are affordable to low- and moderateincome buyers. 7. Authorize negotiation and execution of an increase in the loan amount for a loan to Foundation Communities, Inc. to increase the loan by $790,000 for a total of $3,150,000 for property acquisition and new construction of a 135-unit singleroom occupancy housing facility for homeless and low-income individuals to be located at 309 East 11th Street. 8. Approve the negotiation and execution of a loan to Austin Habitat for Humanity, Inc. for the acquisition of land on Meadow Lake Boulevard that will result in the construction of new single-family homes that are affordable to low- and moderate-income buyers for an amount not to exceed $642,896. Adjourn