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, 2024
2024
To authorize the execution of an amended and restated ground lease and a second amended and restated agreement of limited partnership for the Forest Park 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.
November 21, 2024
2024
To authorize the creation of a Housing Production Fund and a Reserve Fund; direct the transfer of $2,000,000 to the Housing Production Fund and $2,500,000 to the Reserve Fund; and grant the Board full discretion over the use of these funds for housing opportunities and contingencies, respectively, as outlined in the resolution.
November 21, 2024
2024
To approve a contract extension and expansion with Arrow Media, LLC, increasing the scope of work and total compensation by $28,875, as detailed in Exhibit A and outlined in the resolution.
November 21, 2024
2024
To approve an amendment to the independent contractor agreement with Vella Karman, modifying the term and total not-to-exceed amount, as detailed in the attached amendment and outlined in the resolution.
November 21, 2024
2024
To grant signature authority to the Executive Director to execute contracts with a total annual aggregate expenditure amount of up to $76,000, subject to Board direction, corporate bylaws, and employment terms, as outlined in the resolution.
November 21, 2024
2024
To approve and adopt the amended and restated bylaws of the Strategic Housing Finance Corporation of Travis County, as presented in Exhibit A and outlined in the resolution, ensuring compliance with the Texas Open Meetings Act and other applicable laws.
November 21, 2024
2024
To authorize negotiation and execution of a grant agreement with El Buen Samaritano to administer the Rosemont Tenant Investment Program, providing up to $7,200 in assistance to approximately 250 eligible households impacted by winter storm damage at the Rosemont at Oak Valley property, as outlined in the resolution.
October 17, 2024
2024
To authorize the negotiation and execution of a memorandum of understanding regarding SHFC's participation in the ownership of a proposed multifamily development located at 600 Cumberland Road, Austin, Texas and to authorize related actions, as outlined in the resolution.
October 17, 2024
2024
To authorize the issuance and sale of up to $20,000,000 in Multifamily Housing Revenue Bonds (Caseybridge Seniors Apartments) to finance the acquisition, construction, equipping, and financing of the Caseybridge Seniors Apartments project; approve the form and substance of the Agreement to Issue Bonds; authorize the filing of an application for bond allocation; and outline other related provisions as described in the resolution and agreement. This includes declaring the project's public purpose, authorizing the execution of necessary documents, and reserving the right not to issue the bonds. The agreement also details indemnification and hold harmless provisions for the Corporation and related parties.
October 17, 2024
2024
To authorize the issuance and sale of up to $50,000,000 in Multifamily Housing Revenue Bonds (Branchview Apartments) to finance the acquisition, construction, equipping, and financing of the Branchview Apartments project; approve the form and substance of the Agreement to Issue Bonds; authorize the filing of an application for bond allocation; authorize participation in the project's financing and development, including acting as the sole member of the general partner and participating in the application for low-income housing tax credits; authorize the formation of an additional limited liability company to own the project's property; and outline other related provisions, as described in the resolution and agreement. This includes declaring the project's public purpose, authorizing the execution of necessary documents, and reserving the right not to issue the bonds. The agreement also details indemnification and hold harmless provisions for the Corporation and related parties.