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Austin Housing Finance Corporation

Regular Meeting

Austin, TX · April 8, 2021

Agenda

Agenda

THE AUSTIN HOUSING FINANCE CORPORATION WILL MEET ON THURSDAY, APRIL 8, 2021 AT 10:30 AM, VIA VIDEOCONFERENCE 301 W. SECOND STREET AUSTIN, TX Steve Adler Natasha Harper-Madison Vanessa Fuentes Sabino "Pio" Renteria Gregorio Casar Ann Kitchen Mackenzie Kelly Leslie Pool Paige Ellis Kathie Tovo Alison Alter AGENDA The Board may go into a closed session as permitted by the Texas Open Meetings Act, (Chapter 551 of the Texas Government Code) regarding any item on this agenda. Consent 1. Authorize negotiation and execution of a loan agreement and related documents with AHFC Arbors Investor Non-Profit Corporation to purchase the limited partner interests in Arbors Housing Partners Ltd., the owner of the affordable multi-family rental development known as the Arbors at Creekside, located at 1026 Clayton Lane, in an amount not to exceed $1,250,000. District(s): District 1 2. Authorize negotiation and execution of a loan agreement and related documents with Arbors Housing Partners Ltd., the owner of the affordable multi-family rental development known as the Arbors at Creekside, located at 1026 Clayton Lane, for needed repairs and potential operating shortfalls, in an amount not to exceed $750,000. District(s): District 1 Adjourn The City of Austin is committed to compliance with the Americans with Disabilities Act. Reasonable modifications and equal access to communications will be provided upon request. For assistance, please call 512-974-2210 or TTY users route through 711.

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