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.
November 21, 2019
2019
To authorize Strategic Housing Finance Corporation to issue tax-exempt multifamily housing revenue bonds to provide construction financing for the proposed 300-unit Yager Lane Apartments affordable housing development located at 4818 East Yager Lane in Manor, with 100% of units reserved for tenants at or below 60% AMFI. The bonds would be issued under agreements where the development partnership would enter into loan payments to repay the bonds.
November 21, 2019
2019
To authorize SHFC and affiliated entities' participation in developing the proposed 262-unit Decker Lofts affordable housing project in Austin, including land acquisition, construction financing through debt and equity, service as general contractor, and execution of related agreements and documents.
November 21, 2019
2019
To authorize Strategic Housing Finance Corporation to issue tax-exempt multifamily housing revenue bonds to provide construction financing for the proposed 262-unit Decker Lofts affordable housing development to be located at approximately 9000 Decker Lane in Austin, with 46 units reserved at 40% AMFI, 165 units at 60% AMFI, 46 units at 80% AMFI, and 5 units at market rate. The bonds would be issued under agreements where the development partnership would enter into loan payments to repay the bonds.
November 21, 2019
2019
To authorize SHFC and affiliated entities' participation in developing the proposed 280-unit Austin Manor Apartments affordable housing project in Austin, including land acquisition, construction financing through debt and equity, service as general contractor, and execution of related agreements and documents.
November 21, 2019
2019
To authorize Strategic Housing Finance Corporation to issue tax-exempt multifamily housing revenue bonds to provide construction financing for the proposed 280-unit Austin Manor Apartments affordable housing development to be located at the intersection of Farmhaven and Boyce Lane in Austin, with units reserved for families earning 30-60% AMFI. The bonds would be issued under agreements where the development partnership would enter into loan payments to repay the bonds.
November 21, 2019
2019
To approve a Memorandum of Understanding between Strategic Housing Finance Corporation of Travis County and ICON Builders/Kelly Sands or their designated affiliate for SHFC's participation in developing the proposed 280-unit Austin Manor Apartments affordable housing project, including ownership interest, serving as bond issuer and tax credit applicant, and assisting as codeveloper and general contractor.
October 15, 2019
2019
To authorize Strategic Housing Finance Corporation to issue up to $38 million in tax-exempt multifamily housing revenue bonds to provide construction financing for the proposed 300-unit Yager Lane Apartments affordable housing development to be located at 4818 East Yager Lane in Manor, with 100% of units reserved for tenants at or below 60% AMFI. The bonds would be issued under agreements where the development partnership would enter into loan payments to repay the bonds.
October 15, 2019
2019
To approve a $184,698.71 loan to SEA RAD GP LLC, the general partner of SEA RAD LP, to fund a change order needed to complete the rehabilitation of the Alexander Oaks and Summit Oaks multifamily properties owned by the Housing Authority of Travis County and ground leased to the partnership.
October 15, 2019
2019
To approve a $400,000 deposit with Lone Star National Bank to secure a loan from the bank to Housing Authority of Travis County for the rehabilitation of Eastern Oaks Apartments, and to authorize execution of related security documents including an assignment of deposit account.
October 15, 2019
2019
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.