Texas State Affordable Housing Corporation Board Meeting
The Board discussed the President’s report, which covered financial status, the state auditor's efficiency audit, single-family program outreach, and the status of the TxDOT contract. The Board approved the fiscal year 2027 Annual Operating Budget and the fiscal year 2027 Audit Committee guidelines. Additionally, the Board approved guidelines, scoring criteria, and targeted housing needs for the 2027 Multifamily Housing private activity bond program and 501(c)(3) Bond Program. Resolutions were passed to approve Texas Housing Impact Fund bridge loans for Easy Street Lofts and Amarillo Lofts. Finally, the Board approved the Texas Foundations Fund fiscal year 2027 Disaster Recovery Guidelines, following a discussion on incorporating requirements for flood insurance for households in designated flood hazard areas.
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Texas State Affordable Housing Corporation Board Meeting
The board meeting agenda includes the review of financial, homeownership, development, and Texas Foundations Fund reports. Key action items involve the approval of a housing revitalization plan for communities affected by the North Houston Highway Improvement Project, the issuance and sale of various homeownership mortgage revenue bonds, and the application for private activity bond allocations. Additionally, the board will consider a loan maturity extension for Live Oak Village, the publication of guidelines and scoring criteria for the 2027 multifamily bond program, and the publication of draft disaster recovery guidelines.
Apr 21, 2026·Board meeting
Texas State Affordable Housing Corporation Board Meeting
The board meeting focused on several key agenda items, including the proposal to publish for public comment a Draft Housing Revitalization Plan related to grant funding for affordable housing initiatives impacted by the North Houston Highway Improvement Project. The board discussed and approved a resolution authorizing the issuance of multifamily housing revenue bonds for The Bloom at Lamar Square project, which involves constructing 58 units of service-enriched affordable rental housing. Additionally, the board reviewed and approved a Texas Housing Impact Fund revolving line of credit for the Legacy Community Development Corporation and considered amendments to the organization's Joint Venture Development Guidelines.
