HomeMy WebLinkAbout1996/01/23-Minutes-Fort Worth Housing Finance Corporation (FWHFC) ,f t
MINUTES OF THE
FORT WORTH HOUSING FINANCE CORPORATION
PRE-COUNCIL CHAMBERS
TUESDAY, JANUARY 23, 1996
12:00 NOON
Corporation Board Members Present: Eugene McCray, President; Bill Meadows,
Vice-President; Jim Lane, Secretary; Jewel Woods, Treasurer; Becky Haskin,
Kenneth Barr and Virginia Nell Webber. Chuck Silcox was absent.
The meeting was called to order by the President.
Anaroval of Previous Minutes
Mr. Lane made a motion that the minutes of October 17, 1995 be approved. Mr.
Barr seconded the motion, and the motion carried unanimously.
Review of Housing Programs in the City of Fort Worth
Mr. Jerome Walker, Director of Housing for the City of Fort Worth discussed the
Affordable Housing Program and In-fill Housing in detail. A copy of the printed
material on these programs is on file with these minutes.
Mr. Meadows left the meeting at 12:30 p.m.
Action Item: Approval of Proposal for the FWHFC to undertake Housing
Development:
After discussion by the Housing Director, Mr. Barr made a motion that the City of
Fort Worth build and sell homes in designated areas. The motion was seconded by
Mr, Lane, and the motion carried unanimously.
A s i n to � end ' e Arty l s of Into oraio _ f_t �e F r Worth Housin
Tina o ray°on to 1 w h �# F D > to an Cons c �e usi
Mr. Lane made a motion to amend the Articles of Incorporation of the Fort Worth
Housing Finance Corporation n to allow It to develop and corLstruct new housing,, Ms,
Webber e o cl d the motion, and the motion carried unanimously.
MINUTES OF THE
FORT WORTH HOUSING
FINANCE CORPORATION
JANUARY 23, 1996
Page 2
The board discussed "in-fill" housing briefly, and Ms. Webber said that she felt that
staff needed the board to give them direction. She said that the manufactured
housing seen by three of the board members in Kansas the previous week would
provide an economic benefit through the jobs it would provide, as well as needed
housing.
City Manager Terrell and the Board discussed this matter briefly, with Mr. Terrell
stating that all along the staff had said that housing was just a by-product of this
effort. He said that HUD considered this an economic development issue. He said
that the City needed to create sustainable jobs.
After further discussion, Mr. Lane made a motion for staff to proceed to negotiate
with McAfee on manufactured housing. Mr. Barr seconded the motion, and the
motion carried unanimously.
Adjournment
The meeting adjourned at 12:45 p.m.
Eugene McCray
President