Austin Housing Finance Corporation

THE AUSTIN HOUSING FINANCE CORPORATION WILL MEET ON THURSDAY, MAY 19, 2022 AT 10:30 AM, AUSTIN CITY HALL 301 W. SECOND STREET AUSTIN, TX Steve Adler Natasha Harper-Madison Vanessa Fuentes Sabino "Pio" Renteria José "Chito" Vela 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. Approve the meeting minutes of the April 21, 2022, board meeting of the Austin Housing Finance Corporation. 2. Authorize negotiation and execution of a loan agreement and related documents with Arbors Housing Partners, Ltd., in an amount not to exceed $750,000 for needed repairs and potential operating shortfalls at the affordable multifamily rental development known as Arbors at Creekside, located at 1026 Clayton Lane, Austin, Texas. District(s): District 4 3. Authorize negotiation and execution of a loan agreement and related documents with 1905 Keilbar, LLC, or an affiliated entity, in an amount not to exceed $1,090,087 for an ownership housing development to be known as Industry SoMa (formerly known as Keilbar Lane), located at or near 1905 Keilbar Lane, Austin, Texas 78745. District(s): District 5 4. Authorize negotiation and execution of a loan agreement and related documents with Foundation Communities, Inc., or an affiliated entity, in an amount not to exceed $3,300,000 for a rental development to be known as Juniper Creek, located at or near 11630 North Lamar Boulevard, Austin,  Texas 78753. District(s): District 7 5. Authorize negotiation and execution of a loan agreement and related documents with Saison North, LLC, or an affiliated entity, in an amount not to exceed $3,000,000 for a rental development to be known as Saison North, located at or near 10010 North Capital of Texas Highway, Austin, Texas 78759. District(s): District 7 6. Authorize negotiation and execution of a loan agreement and related documents with Chestnut Neighborhood Revitalization Corporation, or an affiliated entity, in an amount not to exceed $1,000,000 for an ownership housing development to be known as The Ivory at The Chicon (formerly known as The Chicon Phase II), located at or near 1309 Chicon Street, Austin, Texas 78702. District(s): District 1 7. Authorize negotiation and execution of a one-year contract with Family Eldercare to fund renovations at the Candlewood Suites located at 10811 Pecan Park Blvd, Austin, Texas 78750, known as the Pecan Gardens, a hotel conversion project to create new, permanent supportive housing in the City, for a total contract amount not to exceed $3,903,216.13. District(s): District 6 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.