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.
October 9, 2025
2025
To approve a purchase and sale agreement for the potential sale of Cambridge Villas Apartments, a multifamily residential development located at 15711 Dessau Road, Pflugerville, Texas 78660.
October 9, 2025
2025
To establish a Strategic Affordability Impact Metric production target goal for the 2025 and 2026 calendar years.
October 9, 2025
2025
To authorize the cancellation of Resolution No. SHFC-2020-11 and the removal of restrictions on funds set aside via Resolution No. SHFC-2020-11
October 9, 2025
2025
To consider and take action to approve the revised Employee Benefits Policy
October 9, 2025
2025
To consider and take action to approve a Family and Medical Leave Act (FMLA) Policy
September 11, 2025
2025
To authorize formation of SHFC Cambridge Villas Limited Partner, LLC as a wholly owned affiliate to acquire the limited partner interests in Cambridge Villas Apartments Limited Partnership from Alden Torch for a price not to exceed $1,000,000; approve and execute the LLC company agreement, and authorize the Executive Director to negotiate and execute all assignment and related documents.
August 14, 2025
2025
To authorize the Executive Director to negotiate and execute a lease for new office space (3,000–4,500 sq ft) at one of two identified properties or a comparable alternative, subject to legal review, for an initial term up to 5 years with an optional extension up to 5 years, at a rent not to exceed $135,000 per year ($30–$45/sq ft), in light of the current lease expiring October 31, 2025.
August 14, 2025
2025
[Not Discussed] To authorize negotiation and execution of documents for Strategic HFC (or an affiliate) to acquire the Special Limited Partner’s limited partner interests in the Cambridge Villas Apartments Limited Partnership, for a price not exceeding the amount the SLP would receive from an immediate sale (with appropriate adjustments), and to ratify related actions to continue operation of the Partnership.
August 14, 2025
2025
To authorize formation of SHFC Cambridge Villas Land, LLC as the ground lessor entity, designate the Corporation as its sole member, approve and execute the LLC operating agreement, appoint officers, ratify prior actions, and authorize execution of all documents necessary to take title to the land and enter into a ground lease with the Cambridge Villas borrower.
August 14, 2025
2025
To approve a Memorandum of Understanding (MOU) for Strategic HFC’s continued participation in the ownership and operation of Cambridge Villas Apartments to maintain the ad valorem tax abatement structure.