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.
June 26, 2017
2017
To authorize TX Creekview Austin GP LLC, as sole general partner of TX Creekview Austin, LP, to participate in developing the proposed 264-unit Creekview Apartments affordable housing project in Austin, including approval of financing, a ground lease, and execution of related agreements and documents.
June 26, 2017
2017
To authorize TX Creekview Austin, LP, as owner, to participate in developing the proposed 264-unit Creekview Apartments affordable housing project in Austin, including approval of financing, a ground lease, and execution of related agreements and documents.
June 26, 2017
2017
To authorize Strategic Housing Finance Corporation to issue up to $28.5 million in taxable or tax-exempt governmental notes to provide construction financing for the proposed 264-unit Creekview Apartments affordable housing development in Austin. The notes would be issued under agreements where the development partnership would enter into loan payments to repay the notes.
June 1, 2017
2017
To authorize Strategic Housing Finance Corporation's participation in developing the proposed 264-unit Creekview Apartments affordable housing project in Austin, including land acquisition, ground leasing, equity and bond financing, and execution of related agreements and documents.
June 1, 2017
2017
To authorize TX Creekview Austin GP LLC, as sole general partner of TX Creekview Austin, LP, to participate in developing the proposed 264-unit Creekview Apartments affordable housing project in Austin, including approval of financing, a ground lease, and execution of related agreements and documents.
June 1, 2017
2017
To authorize TX Creekview Austin, LP to participate in development and operation of Creekview Apartments, including approving debt financing, equity financing, ground lease, and execution of related documents.
June 1, 2017
2017
To authorize Strategic Housing Finance Corporation to issue up to $25 million in taxable or tax-exempt governmental notes to provide construction financing for the proposed 264-unit Creekview Apartments affordable housing development in Austin. The notes would be issued under agreements where the development partnership would enter into loan payments to repay the notes.
June 1, 2017
2017
To approve the Fiscal Year 2017-2018 Annual Budget of Strategic Housing Finance Corporation, which includes total revenues of $2,024,500, total expenses of $993,440, and a provision for annual incentive pay of up to 3% of base salary for employees and 3.5-12.5% of base salary for the Executive Vice President, based on performance goals set by the SHFC Board.
April 6, 2017
2017
To approve a strategy for reconciling all outstanding travel balances related to former Strategic Housing Finance Corporation Directors, given concerns raised by the Travis County Auditor regarding unreconciled travel advances to former board members dating back to 2011. Authorizes the Executive Vice President to execute any necessary documents or extensions to implement an approved reconciliation strategy.
April 6, 2017
2017
To approve Strategic Housing Finance Corporation issuing up to $25 million in multifamily housing revenue bonds to provide construction financing for the proposed Austin Creekview Apartments, a 240-unit affordable housing development in Austin. The bonds would be issued under an agreement where the development partnership would enter into loan or lease payments to repay the bonds.