Vanessa Caballero

The meeting included a presentation on the Housing Preservation and Modernization Plan and various individual items requiring approval. These items involved the authorization of the 2026-2027 Moving To Work Agency Plan, the ratification of contracts for interior and exterior improvements at Midcrown Senior Pavilion, and the award of contracts for pest control services and tax credit consulting. Furthermore, the board considered participation in several real estate transactions, including Lakeside Lofts, Flynn Meadows, Rio Crossing Apartments, Rio Landing Apartments, and Quantum Drive Apartments. The session concluded with a President's report covering organization news, staff recognition, and a procurement activity report.

The board meeting focused on several key items, including a presentation on the Housing Preservation and Modernization Plan and the authorization of the 2026-2027 Moving to Work Agency Plan. The board also considered and approved resolutions regarding interior and exterior improvements for the Midcrown Senior Pavilion, contracts for pest control services for affordable housing communities, tax credit consulting services, and participation in various apartment transactions, including Lakeside Lofts, Flynn Meadows, Rio Crossing Apartments, and Rio Landing Apartments.

The board meeting focused on several key items, including the potential for a closed meeting regarding legal, real estate, personnel, and security matters. The agenda included public comment sessions and the consideration and approval of several resolutions regarding the corporation's participation in various public-private partnerships, including the rehabilitation and financing of the Flynn Meadows project, as well as transactions related to Lakeside Lofts, Rio Crossing Apartments, Rio Landing Apartments, and Quantum Drive Apartments.

The Board of Directors held a meeting to deliberate and approve Resolution 26LVPFC-04-01 regarding the Lakeside Lofts project. The discussion focused on authorizing the issuance of up to $45,000,000 in multifamily housing revenue notes to facilitate the acquisition, construction, financing, and operation of a 336-unit affordable housing development. The project involves a partnership between the developer, the San Antonio Housing Facility Corporation, and the Las Varas Public Facility Corporation, with units targeted at individuals with incomes at or below 70% of the median family income.

The Board recognized employees for excellent customer service. A public hearing was conducted regarding the proposed 2026-2027 Moving to Work (MTW) agency plan update. The Board approved Resolution 6802, which authorized an MTW loan and modification for the Snowden Apartments project, and Resolutions 6906 and 6914, which authorized the acquisition transactions for the Nova and Durington Ridge apartments. Additionally, the Board reviewed Resolution 6909 regarding the agency's investment policy and strategies.