The Strategic Housing Finance Corporation is committed to transparency and ensuring that our community stays informed about our board's decisions and resolutions. This page provides access to our board resolutions, which are formal actions taken by our board of directors to address important matters related to our affordable housing goals.
We believe in open communication and want to keep you informed about the decisions that shape our organization. We encourage you to explore the board resolutions to gain insight into the thoughtful actions taken by our board. It is through these resolutions that we continuously work to improve our services, provide affordable housing opportunities, and serve the needs of our community.
May 8, 2025
2025
To approve the Mobile Phone Policy, detailing options for employees regarding mobile phone equipment and service for business use: either a company-provided phone or a monthly stipend for using a personal phone, outlining responsibilities for both options, including device maintenance, security, and procedures for lost company-issued devices, and noting that all business-related content on mobile phones is subject to the Public Information Act, which supersedes and terminates the prior Mobile Phone Policy from SHFC-2024-37.
May 8, 2025
2025
To approve and adopt the revised Employee Benefits Policy, outlining eligibility criteria, company-paid benefits including various insurance plans (health, dental, vision, life, AD&D, disability), a 401(k) retirement plan, flexible spending accounts, and different categories of paid time off such as holidays, floating holidays, vacation, sick/medical, and situational leave (bereavement, jury duty, extreme weather, military, administrative, parental leave), along with provisions for unpaid leave, which supersedes and terminates the "Employee Benefits Policy" previously adopted via SHFC-2024-22 and "SHFC Situational Paid Leave Policies" previously adopted via SHFC-2024-36.
May 8, 2025
2025
To approve and adopt the Employee Time, Attendance, & Remote Work Policy, as detailed in Exhibit A, outlining expectations for employee work hours, time off requests, unscheduled absences, flex time, and remote work arrangements, and superseding and replacing the previous "Time & Attendance Policy" (SHFC-2024-23) and "Remote Work Policy" (SHFC-2025-01).
April 10, 2025
2025
To approve Strategic Housing Finance Corporation's participation in the Midtown Highline multifamily residential development in Austin, Texas. The resolution authorizes creating two new limited liability companies, executing a Memorandum of Understanding with Civicap Partners Ventures, LLC, and negotiating transaction documents. The resolution provides broad authorization for Corporation officers to form entities and complete the project, which will include affordable housing units.
April 10, 2025
2025
To authorize the negotiation of a Purchase and Sale Agreement for Cambridge Villas Apartments and a Memorandum of Understanding regarding the Corporation's continued participation in the property. The resolution allows the Executive Director to negotiate with a qualified third-party purchaser for the sale of the multifamily residential development located in Pflugerville, Texas, while preserving the property's existing tax abatement and affordability restrictions. The Special Limited Partner has exercised its right to require a sale, and the resolution outlines financial terms including ground lease, cash flow, and refinancing provisions, with Strategic HFC retaining a purchase option and right of first refusal.
April 10, 2025
2025
To approve and adopt the 2025 Executive Director Evaluation Criteria, as detailed in Exhibit A of the resolution. This resolution outlines the criteria for assessing the Executive Director's performance throughout the year, encompassing areas such as Housing Production & Management, Board of Directors Priorities & Support, Financial & Administrative Oversight, and Organizational Development & Human Capital, and also authorizes the Finance and Administration Committee to make non-material adjustments to the criteria as needed, provided such changes are reported to the Executive Director and Board of Directors.
March 13, 2025
2025
To approve the execution of an amended and restated ground lease and a second amended and restated agreement of limited partnership; execution of certain agreements in connection with financing of the project; and containing other provisions relating to participation in a multifamily residential development known as Silver Springs Apartments.
March 13, 2025
2025
To consider and take action to ratify the execution of a renewed employee benefits contract.
March 13, 2025
2025
To consider a proposal and take appropriate action regarding engaging an auditing firm for the corporation.
March 13, 2025
2025
To consider and take appropriate action to a potential 2025 budget amendment for the Corporation.