Chairman of the Board at Alamo Area Housing Finance Corporation.
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Team
Decision makers at Alamo Area Housing Finance Corporation
Chief Financial Officer
Chief Financial Officer
Contracts and Procurement Director
Controller
Deputy Executive Director
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Board meetings, strategic plans, and buyer signals from Jim O. Wolverton’s organization
The board meeting included a resolution authorizing the transfer of the investor limited partner interest related to the Walnut Springs Apartments transaction, including the execution of all necessary documentation. Additionally, the board held a discussion regarding the Terraces at Cibolo project, for which no action was required.
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The board received the Executive Director's monthly report, which covered organizational updates, program status, and staffing matters. Financial proceedings included the adoption of the 3rd Quarter 2025 financial report, the 2026 Public Funds Investment Policy, and the 2026 annual budget. The board also reviewed updates regarding internal audits and quality assurance activities. New business focused on authorizing grant applications and accepting funding for the Weatherization Assistance Program, Housing for Texas Heroes, Texas Veterans Commission General Assistance, Intellectual and Developmental Disability services, and Regional Energy Management Services.
The committee reviewed and approved several financial and administrative items to be forwarded to the Board of Directors, including the 3rd Quarter 2025 financial report, the 2026 Public Investment Policy, and the proposed 2026 budget. Additionally, the committee received updates on the internal audit and quality assurance activities for 2025 and convened in an executive session to discuss personnel matters.
The Board meeting included an executive director's report on operational updates and staffing changes. The Board approved the preliminary 2025 year-end financial summary and the 2026 internal audit and quality assurance schedule. Several funding authorizations and ratifications were approved, including for the Low Income Home Energy Assistance Program (LIHEAP), the Texas Regional Broadband Program, the Texas Opioid Abatement Fund Council, and rural discretionary funding from the Texas Department of Transportation for bus and fuel infrastructure. Additionally, the Board conducted an executive session regarding the annual evaluation of the executive director, resulting in the approval of an incentive bonus.
Extracted from official board minutes, strategic plans, and video transcripts.
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