No upcoming meetings found. Please check back later.
Board meetings - Travis County Facilities Corporation
At the Travis County Facilities Corporation, we value transparency and communication with our community. We hold regular board meetings to discuss and make decisions that impact our mission to provide affordable housing options in Travis County. Our meetings are open to the public and we encourage community members to attend and participate. Check out our meeting minutes and agendas below to stay informed about our progress and plans.
Upcoming meeting
Past meetings
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Showing
0
out of
0
meetings
To approve inducing the GDP Bear Creek Apartments in partnership with an affiliate of the Guttman Development Partners (GDP), to be located at approximately southwest of the intersection of Menchaca Road and FM 1626 in Travis County, Texas; and to authorize the negotiation and execution of a term sheet; and other matters in connection therewith.
To Approve inducing Grandview 620 Apartments, a new 300-unit multifamily residential complex (the “Project”), in collaboration with Marquis Residential Development LLC or an affiliate (“Developer”), located at approximately 10656 N FM 620; and other matters in connection therewith.
To approve Phase II of the transaction for the COOP at Southpark Meadows Apartments (f/k/a Oak Hill Highline Apartments), a new two-phase multifamily residential complex comprised of 360 total units in collaboration with Urban Genesis, LLC or an affiliate. Phase I has been previously approved, and Phase II is being approved at this time. Phase II will consist of 132 units located at approximately 1705 Judy Drive in Austin, Texas.
To induce and approve the development of the Thaxton Road Apartments project in partnership with an affiliate of the NRP Group; authorize the negotiation and execution of a term sheet outlining the project details; and address related matters. This resolution serves as a preliminary, non-binding commitment from TCFC. The project, estimated at $78.5 million, will include approximately 280 units with affordable housing components (20% at 60% AMI and 30% at 80% AMI). The resolution also outlines the anticipated fees for TCFC and indemnification provisions. It clarifies that this is not a final commitment and TCFC reserves the right not to proceed with the transaction.
To approve Phase I (228 units) of the COOP at Southpark Meadows Apartments project in collaboration with Urban Genesis, LLC (or an affiliate); authorize the execution of all necessary documentation, including a 75-year lease, development agreement, regulatory agreement, construction documents, and loan documents; authorize the purchase of the land for the project; authorize TCFC to serve as the general contractor; and approve related matters. The resolution specifies the project will include affordable housing units (30% at 80% AMI and 20% at 60% AMI) and outlines the fees TCFC will receive, including a closing fee, sales tax savings fee, annual rent, and a percentage of net proceeds upon sale or refinancing.
To approve the awarding of approximately $2,000,000 in gap funding to the Cameron Road Apartments to be located at approximately 4915 East Yager Lane, Austin, TX 78653; and to authorize the negotiation and execution of a term sheet; and other matters in connection herewith.
To approve inducing the Cameron Road Apartments transaction; to authorize all filings and agreements with the Texas Department of Housing and Community Affairs in connection with applications for low-income housing tax credits; to authorize the negotiation and execution of a Memorandum Of Understanding; and other matters in connection therewith.
To approve inducing The Porch in partnership with Ledgestone Development Group to be located in located on Hunter’s Bend Road south of F.M. 969 east of SH 130; and to authorize the execution of a Term Sheet and other matters in connection therewith.
To approve inducing Moonlight Tower in partnership with MNO Investments to be located in Southeast Travis County; and to authorize the execution of a Term Sheet and other matters in connection therewith.
To approve inducing Preserve at Mason Creek in partnership with Cascade Homes to be located in the City of Leander, Texas; and to authorize the negotiation and execution of a Term Sheet and other matters in connection therewith.
To approve inducing an application of the NRP Group, LLC, or an affiliate (“NRP”), related to the proposed financing of up to $50,000,000 for the costs of the acquisition, construction, and equipping of the Cameron Road Apartments; and to address other matters in connection therewith.
To adopt a position statement in support of a statutory amendment to Texas Local Government Code Chapter 394 regarding housing finance corporations in municipalities and counties; to authorize staff and members of the Board of Directors to pursue such amendment and communicate support thereof on behalf of the Travis County Facilities Corporation; and to address other matters in connection therewith.
To approve inducing the application of an affiliate of NRP Group, LLC, relating to the proposed financing of up to $50,000,000 of the costs of the acquisition, construction, and equipping of the Wembley Apartments and other matters in connection therewith.
To approve inducing the Cameron Road Apartments, in partnership with an affiliate of the NRP Group, to be located at approximately 4915 E. Yager Lane; authorize the negotiation and execution of a term sheet; and address other related matters, subject to the terms outlined in the resolution.
To approve inducing the Aspire at Big Austin transaction; authorize all filings and agreements with the Texas Department of Housing and Community Affairs for low-income housing tax credits; authorize negotiation and execution of a memorandum of understanding; and authorize other related matters, subject to the City of Austin and HACA requesting HATC to expand its area of operation for this project and authorizing a cooperation agreement with HATC.
To authorize ratifying the Works III at the Tillery Apartments transaction located at approximately 701 Tillery St.; including the execution of all documentation necessary to carry out the transaction; authorize the purchase of the land for the transaction and the lease of such land for the transaction; authorize the Travis County Facilities Corporation (TCFC) to serve as a general contractor; and address other matters in connection therewith.
To approve ratifying the FM 969 apartments (formerly known as the Willow East apartments) transaction located at approximately 6400 FM 969, including the execution of all documentation necessary to carry out the transaction. Authorize the purchase of the land for the transaction and the lease of such land for the transaction. Authorize the Travis County Facilities Corporation (TCFC) to serve as a general contractor, and address other matters in connection therewith.
To authorize the transaction located at approximately 2824 through 2826 Real St., including the execution of all documents necessary to carry out the transaction. Authorize the purchase of the land for the transaction and the lease of such land for the transaction. Authorize the Travis County Facilities Corporation (TCFC) to serve as the general contractor, and address other matters in connection therewith.
To approve the transaction for UG Tech Ridge apartments, to be located at approximately 4712 E Yager and E Palmer Lane in Austin, TX; and include the execution of all documentation necessary to carry out the transaction. Authorize the purchase of the land for the project, authorize the Travis County Facilities Corporation (TCFC) to serve as a general contractor, and address other matters in connection therewith.
To approve inducing an application of an affiliate of the NRP Group, LLC relating to the Monaco Apartments and a proposed financing therefore of up to $60,000,000 of the cost of the acquisition, construction, and equipping therefore with tax-exempt bond and other matters in connection therewith.
To authorize the Flatz-130 Apartments transaction with Z Modular, including the execution of all documentation necessary to carry out the transaction; to authorize the purchase of the land for the transaction and the lease of such land for the transaction; to authorize the Travis County Facilities Corporation to serve as the general contractor; to authorize other matters in connection therewith.
To approve the awarding of Affordable Housing Rental Development Gap Funding to select developer(s), as per the organization's Policy on Affordable Housing Development, to further the goal of expanding the availability of rental units affordable to very low-income families.
To approve the selection of an entity to perform real estate underwriting services for TCFC as recommended resulting from a request for proposals issued on March 29, 2024, in accordance with the Texas Local Government Code requirements for affordable and workforce housing development projects.
To induce approximately 408 single family rental apartments known as the Barkley Meadows Apartments to be developed in partnership with an affiliate of Barkley Meadows, LLC located at approximately 4402 E. Highway 71; to authorize negotiation of a term sheet; and to take other related actions, subject to the terms outlined in the resolution.
To induce approximately 168 single family rental homes known as the Barkley Meadows Homes to be developed in partnership with an affiliate of Barkley Meadows, LLC located at approximately 4402 E. Highway 71; to authorize negotiation of a term sheet; and to take other related actions, subject to the terms outlined in the resolution.
To induce approximately 350 units of multifamily residential housing known as the Gregg Lane Apartments to be developed in partnership with an affiliate of StoneHawk Capital Partners, LLC located at approximately the intersection of Gregg Lane and Harris Branch Road; to authorize negotiation of a term sheet; and to take other related actions, subject to the terms outlined in the resolution.
To induce approximately 396 units of multifamily residential housing known as the Winding Trails Apartments to be developed in partnership with an affiliate of Z Modular located at approximately the intersection of FM 973 and SH 130; to authorize negotiation of a term sheet; and to take other related actions, subject to the terms outlined in the resolution.
To amend the Policy Statement on Affordable Housing Development, superseding the previous policy outlined in Resolution No. TCFC-2022-07, in consideration of continuing high demand and challenges for affordable housing development.
To induce approximately 360 units of multifamily residential housing known as the Oak Hill Highline Apartments to be developed in partnership with an affiliate of Urban Genesis, LLC located at approximately the intersection of Slaughter Lane and Interstate 35; to authorize negotiation of a term sheet; and to take other related actions, subject to the terms outlined in the resolution.
To amend the standard terms for public facility corporation transactions, superseding previous terms outlined in Resolution No. TCFC-2022-08, and authorize related actions, as permitted under the corporation's bylaws and articles of incorporation.
To induce approximately 300 units of multifamily residential housing known as the HWY-183 & East William Cannon Drive Apartments to be developed in partnership with an affiliate of Savoy Equity Partners located at approximately the intersection of Highway 183 and East William Cannon Drive; to authorize negotiation of a term sheet; and to take other related actions, subject to the terms outlined in the resolution.
Questions?
Wondering about what we do or how we do it? Have a question about something not mentioned here? Don’t hesitate to contact us!
