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Resolution No. SHFC-2019-09

June 19, 2019

To authorize Strategic Housing Finance Corporation to issue up to $20 million in tax-exempt multifamily housing revenue bonds (Series 2019A) and up to $10 million in taxable multifamily housing revenue bonds (Series 2019B), for a total amount not to exceed $30 million, to provide construction financing for the proposed 200-unit Lakeway Family Living affordable housing development located at the intersection of Ranch Road 620 and Storm Drive 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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