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Board meetings and strategic plans from Tory Livingston's organization
The board meeting included the presentation of partnership awards and a review of the financial dashboard, noting strong portfolio occupancy. Key agenda items included the approval of an extension for a line of credit with FirstBank and the authorization of up to $3,000,000 in debt for the Broadway East and West properties to facilitate future rehabilitation projects. Additionally, staff provided an update on HUD's proposed mixed-status family rule, discussing potential changes to eligibility requirements for federally assisted housing.
The Board of Commissioners meeting covered financial and operational updates, including performance metrics such as occupancy and net operating income. Key agenda items included proposed changes to the Administrative Plan, the draft 2027 PHA Annual Plan, exit resolutions for Red Oak Park and WestView, a signing authority resolution, and a review of the 2025 Annual Report. The meeting also addressed board matters, including announcements and upcoming conference opportunities, and concluded with an executive session regarding personnel matters.
The Board of Commissioners meeting agenda covered several substantive items. Key discussions included the request for approval of Resolution #2026-1 regarding the extension of a Line of Credit, anticipated to be $4,000,000, collateralized by the BHP office property. The Board also addressed Resolution #2026-2 concerning the restructuring of debt on the Broadway East and West properties, seeking up to $3,000,000 in financing as a bridge loan before future tax credit syndication. Furthermore, the agenda included a detailed review of HUD's Proposed Mixed Status Family Rule, which mandates new evidence requirements for citizenship or eligible immigration status, and discussions about the Restore/Rebuild Vouchers program and managing Low-Income Housing Tax Credit (LIHTC) exits.
The meeting agenda included standing items such as public participation and financial and operations updates. Key discussion topics involved Supply Side Energy Management and Housing Choice Voucher updates. Board matters covered announcements, upcoming conference opportunities, and future board items. The meeting also utilized a Framework for Decision Making when evaluating ideas and actions.
The Board of Commissioners meeting agenda included several standing items such as Public Participation, Partnership Awards, Board Elections, and a Financial and Operations Update. Key discussion points included the Iris Bistro operations at Golden West and planning for the April 2026 BHP Board Retreat. The agenda also covered Board Matters, including announcements, upcoming conference opportunities, and future board items. The meeting concluded with a tour of the Golden West North Tower.
Extracted from official board minutes, strategic plans, and video transcripts.
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Bob Walker
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