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Resolution No. SHFC-2019-03

March 21, 2019

To authorize Strategic Housing Finance Corporation to issue up to $30.825 million in tax-exempt multifamily housing revenue bonds and up to $4.175 million in taxable multifamily housing revenue bonds, for a total amount not to exceed $35 million, to provide construction financing for the proposed 240-unit Manchaca Commons Apartments affordable housing development located in Austin. The bonds would be issued under agreements where the development partnership would enter into loan payments to repay the bonds.

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