Consent 1. Authorize negotiation and execution of 13-month contracts that include one 12-month contract extension option with each of the following seven non-profit agencies: American Youthworks, Austin Area Urban League, Austin Habitat for Humanity, Inc., Easter Seals-Central Texas, Inc., Interfaith Action of Central Texas, Meals on Wheels and More, Inc., and Rebuilding Austin Together for repair of homes eligible through the General Obligation (G.O.) Repair! Program for a combined total amount not to exceed $11,150,000. 2. Approve negotiation and execution of a loan agreement and related documents with McDowell Housing Partners, LLC, or an affiliated entity in an amount not to exceed $4,000,000, for a multi-family rental development to be known as City Heights, to be located at or near 4500 Nuckols Crossing Road. District(s): District 2 3. Approve negotiation and execution of a loan agreement and related documents with O-SDA Industries, LLC, or an affiliated entity in an amount not to exceed $3,500,000, for a multifamily rental development to be known as Vi Collina, to be located at or near 2401 E. Oltorf. District(s): District 3 4. Approve negotiation and execution of a loan agreement and related documents with Clarksville Community Development Corporation, or an affiliated entity, in an amount not to exceed $77,950 for a rental development to be known as 1611 West 10th Street, to be located at 1611 West 10th Street. District(s): District 9 5. Approve negotiation and execution of an additional or amended loan agreement and related documents with Project Transitions, Inc., or an affiliated entity, in an amount not to exceed $3,098,008 for a multi-family rental development to be known as Burnet Place, to be located at or near 8007 Burnet Road. District(s): District 7 6. Approve negotiation and execution of an additional or amended loan agreement and related documents with DMA Development Company, LLC, or an affiliated entity in an amount not to exceed $500,000, for a multi-family rental development to be known as Travis Flats, to be located at or near 5310 Helen Street. Districtfs): District 4 7. Approve negotiation and execution of a loan agreement and related documents with DMA Development Company, LLC, or an affiliated entity, in an amount not to exceed $1,000,000, for a multi-family rental development to be known as Talavera Lofts, to be located at or near the southeast corner of East 5th and Navasota Streets. Districtfs): District 3 8. Approve negotiation and execution of an additional or amended loan agreement and related documents with Accessible Housing Austin!, or an affiliated entity in an amount not to exceed $300,000, for a multi-family rental development to be known as AHA! at Briarcliff to be located at 1915 Briarcliff Boulevard. Districtfs): District 1 9. Approve the meeting minutes of the October 3, 2019 board meeting of the Austin Housing Finance Corporation. Adjourn
Nov 14, 2019 Austin Housing Finance Corporation
Consent 1. Authorize negotiation and execution of 13-month contracts that include one 12-month contract extension option with each of the following seven non-profit agencies: American Youthworks, Austin Area Urban League, Austin Habitat for Humanity, Inc., Easter Seals-Central Texas, Inc., Interfaith Action of Central Texas, Meals on Wheels and More, Inc., and Rebuilding Austin Together for repair of homes eligible through the General Obligation (G.O.) Repair! Program for a combined total amount not to exceed $11,150,000. 2. Approve negotiation and execution of a loan agreement and related documents with McDowell Housing Partners, LLC, or an affiliated entity in an amount not to exceed $4,000,000, for a multi-family rental development to be known as City Heights, to be located at or near 4500 Nuckols Crossing Road. District(s): District 2 3. Approve negotiation and execution of a loan agreement and related documents with O-SDA Industries, LLC, or an affiliated entity in an amount not to exceed $3,500,000, for a multifamily rental development to be known as Vi Collina, to be located at or near 2401 E. Oltorf. District(s): District 3 4. Approve negotiation and execution of a loan agreement and related documents with Clarksville Community Development Corporation, or an affiliated entity, in an amount not to exceed $77,950 for a rental development to be known as 1611 West 10th Street, to be located at 1611 West 10th Street. District(s): District 9 5. Approve negotiation and execution of an additional or amended loan agreement and related documents with Project Transitions, Inc., or an affiliated entity, in an amount not to exceed $3,098,008 for a multi-family rental development to be known as Burnet Place, to be located at or near 8007 Burnet Road. District(s): District 7 6. Approve negotiation and execution of an additional or amended loan agreement and related documents with DMA Development Company, LLC, or an affiliated entity in an amount not to exceed $500,000, for a multi-family rental development to be known as Travis Flats, to be located at or near 5310 Helen Street. Districtfs): District 4 7. Approve negotiation and execution of a loan agreement and related documents with DMA Development Company, LLC, or an affiliated entity, in an amount not to exceed $1,000,000, for a multi-family rental development to be known as Talavera Lofts, to be located at or near the southeast corner of East 5th and Navasota Streets. Districtfs): District 3 8. Approve negotiation and execution of an additional or amended loan agreement and related documents with Accessible Housing Austin!, or an affiliated entity in an amount not to exceed $300,000, for a multi-family rental development to be known as AHA! at Briarcliff to be located at 1915 Briarcliff Boulevard. Districtfs): District 1 9. Approve the meeting minutes of the October 3, 2019 board meeting of the Austin Housing Finance Corporation. Adjourn