September 6th, 2018

To authorize Strategic Housing Finance Corporation to issue up to $28 million in tax-exempt multifamily housing revenue bonds to provide construction financing for the proposed Ventura at Parmer Lane affordable housing development located at Parmer Lane and Highway 130 in Austin. The bonds would be issued under agreements where the development partnership would enter into loan payments to repay the bonds.

To authorize SHFC officers and staff to pursue an ownership opportunity for the proposed Rosemont at Williamson Creek Apartments located at 4509 E St Elmo Rd in Austin, including negotiating a non-binding memorandum of understanding regarding SHFC's potential participation.

To authorize SHFC officers and staff to pursue an ownership opportunity for the proposed Blunn Creek Apartments located at 701 Woodward St. in Austin, including negotiating a non-binding memorandum of understanding regarding SHFC's potential participation.