November 21st, 2024

To authorize negotiation and execution of a grant agreement with El Buen Samaritano to administer the Rosemont Tenant Investment Program, providing up to $7,200 in assistance to approximately 250 eligible households impacted by winter storm damage at the Rosemont at Oak Valley property, as outlined in the resolution.

To approve and adopt the amended and restated bylaws of the Strategic Housing Finance Corporation of Travis County, as presented in Exhibit A and outlined in the resolution, ensuring compliance with the Texas Open Meetings Act and other applicable laws.

To grant signature authority to the Executive Director to execute contracts with a total annual aggregate expenditure amount of up to $76,000, subject to Board direction, corporate bylaws, and employment terms, as outlined in the resolution.

To approve an amendment to the independent contractor agreement with Vella Karman, modifying the term and total not-to-exceed amount, as detailed in the attached amendment and outlined in the resolution.

To approve a contract extension and expansion with Arrow Media, LLC, increasing the scope of work and total compensation by $28,875, as detailed in Exhibit A and outlined in the resolution.

To authorize the creation of a Housing Production Fund and a Reserve Fund; direct the transfer of $2,000,000 to the Housing Production Fund and $2,500,000 to the Reserve Fund; and grant the Board full discretion over the use of these funds for housing opportunities and contingencies, respectively, as outlined in the resolution.

To authorize the execution of an amended and restated ground lease and a second amended and restated agreement of limited partnership for the Forest Park Apartments; authorize the execution of agreements related to the refinancing of the project; and contain other provisions related to participation in the multifamily residential development, as outlined in the resolution.

To authorize the President, Vice President, and Executive Director to negotiate and execute a Memorandum of Understanding with FP SLP, LLC and/or other parties, concerning the Corporation's participation in the sale of partnership interests related to Forest Park Apartments, and to take any and all necessary actions to facilitate the Transaction, as outlined in the resolution.

To authorize the execution of an amended and restated ground lease and a second amended and restated agreement of limited partnership for the Silver Springs Apartments; authorize the execution of agreements related to the refinancing of the project; and contain other provisions related to participation in the multifamily residential development, as outlined in the resolution.

To authorize the President, Vice President, and Executive Director to negotiate and execute a Memorandum of Understanding with SS SLP, LLC and/or other parties, concerning the Corporation's participation in the sale of partnership interests related to Silver Springs Apartments, and to take any and all necessary actions to facilitate the Transaction, as outlined in the resolution.

To approve a performance bonus for the Executive Director in the amount of 6% of her base salary for the year 2024, following the Board's evaluation of her performance, as outlined in the resolution.