HomeMy WebLinkAbout2023/05/23-Minutes-Fort Worth Housing Finance Corporation (FWHFC)CITY OF FORT WORTH, TEXAS
FORT WORTH HOUSING FINANCE CORPORATION
TUESDAY, MAY 23, 2023
Present:
President Carlos Flores
Vice President Elizabeth Beck (arrived at 10:55 a.m.)
Secretary Gyna M. Bivens
Director Michael D. Crain
Director Charlie Lauersdorf
Director Jared Williams
Director Macy Hill
Director Chris Nettles
Director Alan Blaylock
Absent:
Director Mattie Parker
Staff:
Fernando Costa, Assistant City Manager
Denis McElroy, Senior Assistant City Attorney
Leslie Hunt, Senior Assistant City Attorney
Victor Turner, Assistant General Manager
Reginald Zeno, Treasurer
Jannette S. Goodall, City Secretary
1. Call to Order
With a quorum present, President Flores called the meeting to order for the Board of Directors of
the Fort Worth Housing Finance Corporation at 10:52 a.m. on Tuesday, May 23, 2023, in the City
Council Conference Room, Room 2020 of the Fort Worth Municipal Building, 200 Texas Street,
Fort Worth, Texas.
2. Approval of Minutes
a. Regular Meeting Held on April 25, 2023
Motion was made by Director Nettles and seconded by Director Crain to approve the April 25,
2023, meeting minutes. The motion passed on an 8-0 vote. Director Beck was off the dais. Director
Parker was absent.
3. Written Reports
CITY OF FORT WORTH, TEXAS
FORT WORTH HOUSING FINANCE CORPORATION
TUESDAY, MAY 23, 2023
PAGE 2 of 3
a. Unaudited Financial Statements as of April 30, 2023
There was no discussion on the report; they were for informational purposes only.
4. Consider and Adopt a Resolutions Authorizing the Sale of Corporation Land — Leah
Brown
a. 4913 Ramey Avenue and 2510, 2512, 2514, 2516, and 2518 Sheraton Drive to First Step
Community Empowerment for a total sales price of $108,000.00 for the construction of
affordable single-family housing in the Stop Six Neighborhood
Motion was made by Secretary Bivens and seconded by Director Williams to approve Resolution
No. FWHFC-2023-23, authorizing the Sale of Corporation Land. The motion passed on a 9-0.
Director Parker was absent.
5. Consider and Adopt Revised Resolution Authorizing Partnership with OPG CR
Managers, LLC, or an Affiliate, to Develop Clifton Riverside, a Proposed 94-unit Tax -
Exempt Affordable Housing Development, located at 2406 and 2412 East Belknap within
the Six Points Urban Village to Reflect that Corporation will be 95% Owner of General
Partner Entity with 5% owned by a historically underutilized business (HUB) as required
by the Texas Department of Housing and Community Affairs — Amy Connolly
Motion was made by Director Crain and seconded by Secretary Bivens to approve Resolution No.
FWHFC-2023-24, Authorizing Partnership with OPG CR Managers, LLC, or an Affiliate, to
Develop Clifton Riverside, a Proposed 94-unit Tax -Exempt Affordable Housing Development,
located at 2406 and 2412 East Belknap within the Six Points Urban Village to Reflect that
Corporation will be 95% Owner of General Partner Entity with 5% owned by a historically
underutilized business (HUB) as required by the Texas Department of Housing and Community
Affairs. The motion passed on an 9-0 vote. Director Parker was absent.
6. Executive Session
There was no Executive Session.
7. Requests for Future Agenda Items
There were no requests for future agenda items.
8. Adjourn
With no further discussion, President Flores adjourned the meeting of the Fort Worth Housing
Finance Corporation at 11:00 a.m. on Tuesday, May 23, 2023.
CITY OF FORT WORTH, TEXAS
FORT WORTH HOUSING FINANCE CORPORATION
TUESDAY, MAY 23, 2023
PAGE 3 of 3
These minutes approved by the Fort Worth Housing Finance Corporation Board of Directors on
the 27 day of June, 2023.
APPROV
CqAos Flores '
Pr' dent
yna a Aivens
Secretary
ATTEST:
Il& k- ..Q O
nnette S. Goodall
ity Secretary