Please note: this meeting's minutes have not been finalized yet. Actions taken on legislation and their results are not available. Details Meeting Name: Austin Housing Finance Corporation Agenda status: Final Meeting date/time: 11/30/2023 10:30 AM   Meeting location: Austin City Hall Published agenda: Agenda   Agenda packet: Not available Attachments: Meeting Items (12) 12 records Group Clear sorting Clear grouping Group by Type Group by Result Export Export to Excel Export to PDF Export to Word Show: Legislation only Legislation only All agenda items File # Agenda # Type Title 23-3375 1. Consent Approve the meeting minutes of the October 5, 2023, Board of Directors meeting of the Austin Housing Finance Corporation. 23-3376 2. Consent Authorize negotiation and execution of all agreements and instruments necessary or desirable with Industry ATX, or other qualified applicant, to develop affordable housing on approximately 2.7 acres of land located at or near 5901 Drowsy Willow Trail, Austin, Texas 78744. 23-3379 3. Consent Authorize negotiation and execution of a loan agreement and related documents with the Austin Revitalization Authority, or an affiliated entity, in an amount not to exceed $650,000 to assist with the acquisition of a four-unit affordable housing development located at 300 Carmen Court, Austin, Texas 78752. 23-3380 4. Consent Authorize negotiation and execution of a loan agreement and related documents with the Austin Revitalization Authority, or an affiliated entity, in an amount not to exceed $650,000 to assist with the acquisition of a four-unit affordable housing development located at 302 Carmen Court, Austin, Texas 78752. 23-3381 5. Consent Authorize negotiation and execution of a loan agreement and related documents with Capital A Housing, or an affiliated entity, in an amount not to exceed $3,738,000 for the development of ownership housing to be known as 5107 & 5109 Lancaster located at 5107-5109 Lancaster Court, Austin, Texas 78723. 23-3382 6. Consent Authorize negotiation and execution of a loan agreement and related documents with the Austin Revitalization Authority, or an affiliated entity, in an amount not to exceed $752,000 for a four-unit ownership development known as 7217 Carver Avenue (formerly known as Carver Townhomes) located at or near 7217 Carver Avenue, Austin, Texas 78752. 23-3386 7. Consent Authorize negotiation and execution of a new or amended loan agreement and related documents with Summertree South Congress, LLC, or an affiliated entity, in an amount of $1,250,000, for a total amount not to exceed $3,750,000, for the development of ownership housing to be known as Vera (formerly known as 7308 South Congress) located at 7308 South Congress Avenue, Austin, Texas 78745. 23-3384 8. Consent Authorize negotiation and execution of a new or amended loan agreement and related documents with Guadalupe Neighborhood Development Corporation, or an affiliated entity, in an amount of $831,749, for a total amount not to exceed $3,823,051, for the development of ownership housing to be known as GSNZ 7 Acres West located at or near 2721 Goodwin Avenue, Austin, Texas 78702. 23-3385 9. Consent Authorize negotiation and execution of a new or amended loan agreement and related documents with SAFE Lancaster Court, LLC, or an affiliated entity, in an amount of $1,153,711, for a total amount not to exceed $7,153,711, for the development of rental housing to be known as The Lancaster located at or near 5111-5115 Lancaster Court Austin, Texas 78723. 23-3383 10. Consent Authorize negotiation and execution of a new or amended loan agreement and related documents with Cady Lofts, LLC, or an affiliated entity, in an amount of $2,200,000, for a total loan amount not to exceed $7,200,000, for the development of rental housing known as Cady Lofts located at 1004 and 1008 East 39th Street, Austin, Texas 78751. 23-3488 11. Consent Authorize negotiation and execution of an amendment to the Fiscal Year 2023-2024 service agreement with the City of Austin to increase its funding in the amount of $4,791,036 for a total contract amount not to exceed $117,525,451. 23-3489 12. Consent Approve a resolution amending the Austin Housing Finance Corporation Capital Budget for Fiscal Year 2023-2024 to increase it by $4,791,036 for a total budget amount not to exceed $79,791,036.