Alamo Area Housing Finance Corporation

The committee reviewed the first quarter 2026 financial summary, including the financial dashboard, balance sheet, revenues and expenditures, and administrative budgets. A detailed discussion took place regarding the lack of long-term debt on the presented balance sheet and plans for future internal reporting. Furthermore, the committee considered and acted upon a recommendation to authorize a principal reduction payment in conjunction with a five-year refinancing agreement for the ACOG Tower property mortgage, evaluating different repayment scenarios and the financial impact on operations.

The Board of Directors discussed the issuance of multi-family housing revenue notes for the Kerrville 3 Apartments project, which involves the rehabilitation of three existing complexes. The project will include comprehensive kitchen and bathroom renovations, along with upgrades to windows, doors, HVAC, and water heaters, serving families at or below 60% of the area median income. The board also discussed the need for future policy development regarding the allocation of funds to benefit counties, including the potential for a first-time home buyer assistance program.

The Board discussed internal organizational matters, including an executive director report highlighting upcoming training programs, fair housing webinars, and progress on HVAC system upgrades. Financial reports were reviewed, with an update on the first quarter financial summary and program budget variances. Additionally, the Board discussed and approved a $3 million principal reduction payment for the mortgage on the organization's office tower to reduce interest expenses amid expectations of a rate increase.

The Board of Directors discussed and authorized the issuance of multi-family housing revenue notes for the Kerrville 3 Apartments rehabilitation project. The project involves 224 units serving families at or below 60% of the area median income. The Board also discussed the need to develop new policies regarding the allocation of retained funds and considered potential future programs, including first-time home buyer assistance, following recent legislative changes.

This document outlines the Regional Solid Waste Management Plan for the Alamo Area Council of Governments for the period 2022-2042. The plan establishes four main goals: maximizing beneficial resource use, responsibly managing problematic waste, maximizing proper disposal, and leading regional planning. Key objectives include improving access to diversion and collection opportunities, enhancing community participation and education, increasing illegal dumping prevention and enforcement, and optimizing regional collaboration and data collection. A specific goal is to achieve a 50% regional recycling rate by 2042, emphasizing data-driven decision-making and continuous improvement in waste management practices.