December 7th, 2017

To authorize Strategic Housing Finance Corporation to issue up to $37 million in taxable or tax-exempt multifamily housing revenue bonds to provide construction financing for the proposed 300-unit Austin Boyce Lane Apartment Homes affordable housing development in Austin. The bonds would be issued under agreements where the development partnership would enter into loan payments to repay the bonds.

To authorize Strategic Housing Finance Corporation to issue up to $38 million in taxable or tax-exempt multifamily housing revenue bonds to provide construction financing for the proposed 302-unit Del Valle 969 Apartments affordable housing development in Del Valle. The bonds would be issued under agreements where the development partnership would enter into loan payments to repay the bonds.

To authorize Strategic Housing Finance Corporation's participation in the development and operation of Del Valle 969 Apartments, including approving debt financing, equity financing, property acquisition, service agreements, and execution of related documents.