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April 6th, 2017
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Resolutions
Resolution No. SHFC-2017-05
To approve Strategic Housing Finance Corporation issuing up to $25 million in multifamily housing revenue bonds to provide construction financing for the proposed Austin Creekview Apartments, a 240-unit affordable housing development in Austin. The bonds would be issued under an agreement where the development partnership would enter into loan or lease payments to repay the bonds.
Resolution No. SHFC-2017-06
To approve a strategy for reconciling all outstanding travel balances related to former Strategic Housing Finance Corporation Directors, given concerns raised by the Travis County Auditor regarding unreconciled travel advances to former board members dating back to 2011. Authorizes the Executive Vice President to execute any necessary documents or extensions to implement an approved reconciliation strategy.
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