1. Approve the minutes of the November 6, 2014 Board meeting of the Austin Housing Finance Corporation. 2. Authorize negotiation and execution of an agreement between the Austin Housing Finance Corporation and AUSTIN TRAVIS COUNTY INTEGRAL CARE related to a proposal to design, build, operate, and maintain Housing First Permanent Supportive Housing at 3000 Oak Springs Drive in an amount not to exceed $3,000,000. 3. Conduct a public hearing and receive public comment regarding the issuance of up to $8 million dollars of Austin Housing Finance Corporation Multi-family Housing Revenue Bonds to finance the acquisition and rehabilitation of the TIMBERS APARTMENTS, 1034 Clayton Lane, an affordable multi-family development to be owned and operated by TIMBERS CLAYTON 104 APARTMENTS, L.P., a single-purpose Limited Partnership affiliated with the Cesar Chavez Foundation, Los Angeles California. 4. Approve an inducement resolution for private activity bond financing to be submitted to the TEXAS BOND REVIEW BOARD for an allocation of up to $8 million in private activity volume cap multi-family non-recourse bonds for the acquisition and rehabilitation of the TIMBERS APARTMENTS, 1034 Clayton Lane, by the bond financing applicant, Timbers Clayton 104 Apartments, L.P., San Antonio, Texas, or its affiliate.
Dec 11, 2014 Austin Housing Finance Corporation
1. Approve the minutes of the November 6, 2014 Board meeting of the Austin Housing Finance Corporation. 2. Authorize negotiation and execution of an agreement between the Austin Housing Finance Corporation and AUSTIN TRAVIS COUNTY INTEGRAL CARE related to a proposal to design, build, operate, and maintain Housing First Permanent Supportive Housing at 3000 Oak Springs Drive in an amount not to exceed $3,000,000. 3. Conduct a public hearing and receive public comment regarding the issuance of up to $8 million dollars of Austin Housing Finance Corporation Multi-family Housing Revenue Bonds to finance the acquisition and rehabilitation of the TIMBERS APARTMENTS, 1034 Clayton Lane, an affordable multi-family development to be owned and operated by TIMBERS CLAYTON 104 APARTMENTS, L.P., a single-purpose Limited Partnership affiliated with the Cesar Chavez Foundation, Los Angeles California. 4. Approve an inducement resolution for private activity bond financing to be submitted to the TEXAS BOND REVIEW BOARD for an allocation of up to $8 million in private activity volume cap multi-family non-recourse bonds for the acquisition and rehabilitation of the TIMBERS APARTMENTS, 1034 Clayton Lane, by the bond financing applicant, Timbers Clayton 104 Apartments, L.P., San Antonio, Texas, or its affiliate.