Texas State Affordable Housing Corporation Board Meeting
The board meeting agenda includes the President's report covering monthly financial, homeownership finance, development finance, and Texas Foundations Fund reports. Key action items involve the approval of the Fiscal Year 2027 Annual Operating Budget, Audit Committee Guidelines for 2027, and guidelines for the allocation of tax-exempt bonds under the Multifamily Housing Private Activity Bond Program. Additionally, the board will deliberate on Texas Housing Impact Fund bridge loans for Easy Street Lofts and Amarillo Lofts, as well as disaster recovery guidelines for the Texas Foundations Fund.
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Texas State Affordable Housing Corporation Board Meeting
The board discussed the President's report, covering the status of an efficiency audit, various housing program updates, marketing initiatives, and training workshops. The Board approved several resolutions, including authorization to submit applications for the 2026 qualified mortgage bond volume cap and a request for unencumbered state ceiling. Additionally, the Board authorized the submission of applications for private activity bonds to support the Whitetail Ridge housing development project. An executive session was conducted regarding personnel matters, with no action taken.
