To authorize Strategic Housing Finance Corporation to issue up to $26 million in tax-exempt multifamily housing revenue bonds to provide financing for the acquisition and rehabilitation of the proposed 260-unit Club at Summer Valley Apartments located at 744 W. William Cannon Drive in Austin, with 20% of units reserved for tenants at or below 50% AMFI and 90% of units reserved at or below 120% AMFI. The bonds would be issued under agreements where the ownership entity would enter into loan payments to repay the bonds.