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.
February 13, 2025
2025
To authorize Strategic HFC staff and officers, including the Executive Director, to execute documents and take necessary actions, with the assistance of Duane Morris, LLP, to protect Strategic HFC's business interests and reputation concerning Austin Manor Apartments, Lakeway Apartment Homes, Colorado Creek Apartments, and Creekview Apartments, as outlined in the resolution.
February 13, 2025
2025
To approve and adopt the Board Designated Funds Policy, further defining the use and management of the Reserve Fund and Housing Production Fund established by Resolution No. SHFC-2024-59, as outlined in the resolution.
January 14, 2025
2025
To authorize Katie Adams, Director of Finance and Administration, to access the organization's TexPool investment account for informational purposes only; and to add the newly elected Board President as an authorized signatory on the account, while maintaining Dianna Grey as a signatory, as outlined in the resolution.
January 14, 2025
2025
To authorize the remarketing of the Multifamily Housing Revenue Bonds (Yager Flats), Series 2021, for an amount not to exceed $50,000,000; approve the form and substance of an amended and restated trust indenture and loan agreement; authorize the execution of all necessary documents; and address other related provisions, as outlined in the resolution. This includes appointing a remarketing agent, addressing tax implications, and affirming the public purpose of the bond reissuance.
January 14, 2025
2025
To approve and adopt the attached Remote Work Policy, as presented and outlined in the resolution.
December 12, 2024
2024
[Not discussed] To authorize the execution of an amended and restated ground lease and a second amended and restated agreement of limited partnership for the Silver Springs Apartments; authorize the execution of agreements related to the refinancing of the project; and contain other provisions related to participation in the multifamily residential development, as outlined in the resolution.
December 12, 2024
2024
To adopt the Board of Directors Manual, as attached or linked in Appendix A, and direct the Executive Director to publish the manual on the Corporation's website, as outlined in the resolution.
December 12, 2024
2024
To reaffirm the Board's commitment to implementing a Tenants Bill of Rights (TBOR); direct the Executive Director to develop an implementation plan, including potential modifications, additions, and incentives for adoption; integrate the plan with other tenant well-being initiatives; and require a progress update by June 2025 and a final implementation plan by December 2025, as outlined in the resolution.
December 12, 2024
2024
To direct the Executive Director to develop and present a construction quality checklist and a construction monitoring report for new multifamily residential projects, incorporating requirements and incentives related to durability, energy efficiency, and eco-friendliness, as outlined in the resolution and appendices. The checklist and report are to be presented by June 2025.
December 12, 2024
2024
To authorize the issuance and sale of up to $50,000,000 in multifamily housing revenue bonds for the Ledgestone Apartments project; approve the form and substance of the agreement to issue bonds; authorize related agreements and actions necessary for financing the acquisition, construction, and equipping of the project; and authorize participation in the project's financing, development, and operation, including applying for low-income housing tax credits and leasing the property to the user, as outlined in the resolution and agreement to issue bonds.