HomeMy WebLinkAbout2019/10/15-Minutes-Fort Worth Housing Finance Corporation (FWHFC)CITY OF FORT WORTH, TEXAS
FORT WORTH HOUSING FINANCE CORPORATION
TUESDAY, OCTOBER 15, 2019
Present:
President Kelly Allen Gray (arrived at 1:47)
Vice President Jungus Jordan
Secretary Gyna M. Bivens
Director Betsy Price (arrived at 1:54)
Director Carlos Flores
Director Brian Byrd
Director Cary Moon
Director Dennis Shingleton
Director Ann Zadeh
1. Call to Order
With a quorum present, Vice President Jordan called the meeting to order for the Board of
Directors of the Fort Worth Housing Finance Corporation (Corporation) at 1:30 p.m. on
Tuesday, August 6, 2019, in the City Council Conference Room, Room 290 of the Fort Worth
Municipal Building, 200 Texas Street, Fort Worth, Texas.
Vice President Jordan requested a moment of silence in honor of the Jefferson family.
2. Approval of Minutes from the Meeting Held on August 27, 2019
Motion was made by Director Moon and seconded by Director Shingleton to approve the
August 27, 2019, minutes of the Corporation as presented. The motion passed 7-0 (Allen Gray
and Price absent).
3. Written Reports
a. Unaudited Financial Statements as of August 31, 2019
b. Quarterly Investment Report as of September 30, 2019
c. Appointment of Administrator
4. Review and Readopt the Corporation's Investment Policy and Strategy
Mr. Reginald Zeno, Treasurer, advised that there were no changes to the policy as previously
provided and there were no changes to the Public Funds Investment Act requiring any updates to
the policy.
CITY OF FORT WORTH, TEXAS
FORT WORTH HOUSING FINANCE CORPORATION
TUESDAY, OCTOBER 15, 2019
PAGE 2 of 3
Motion was made by Director Byrd and second by Director Zadeh to approve Resolution
FWHFC-2019-04 Readopting the Corporation's Investment Policy and Strategies. The motion
passed 7-0. (Directors Allen Gray and Price absent)
5. Consider and Adopt Resolutions for the Sale of Certain Single -Family Lots in the Stop
Six Neighborhood
a. 5220 Anderson to Perez Elite Holdings, LLC
b. 3101 Eastcrest to Mount Tabor Christian Center
c. 2805 Mount Horum Way to Alexia M. Bazarte and Humerto Barzarte Oliveri
Vicki Ganske, Senior Assistant City Attorney, advised that the sale of 5220 Anderson to Perez
Elite Holdings, LLC had been withdrawn.
Motion was made by Director Bivens and seconded by Director Flores, to approve Resolution
Nos. FWHFC-2019-05, Authorizing the Sale of Certain Single -Family Lots.Located in the Stop
Six Neighborhood for the Development and Improvement of Affordable Single -Family Housing.
The motion carried 7-0. (Allen Gray and Price Absent)
President Allen Gray and Director Price arrived and took their place at the table.
6. Presentation on the Development of Permanent Supportive Housing in the City of Fort
Worth
Ms. Sonia Singleton, Assistant General Manager, introduced Lauren King and Tara Perez,
a. Homelessness in Fort Worth
Ms. Lauren King, Director of Housing Services, Tarrant County Homeless Coalition, provided
an update on the state of homelessness in Fort Worth.
b. Permanent Supportive Housing
Ms. Tara Perez, Directions Home Manager, provided an update on permanent supportive
housing.
These presentations were for informational purposes only. No action was taken by Board
members.
7. Executive Session
There was no Executive Session.
8. Request for Future Agenda Items
CITY OF FORT WORTH, TEXAS
FORT WORTH HOUSING FINANCE CORPORATION
TUESDAY, OCTOBER 15, 2019
PAGE 3 of 3
Director Zadeh requested that staff provide a presentation at a future meeting pertaining to the
Corporation's investment policy and strategy.
9. Adjourn
With no further discussion, President Allen Gray adjourned the meeting of the Fort Worth
Housing Finance Corporation at 2:38 p.m. on Tuesday, October 15, 2019.
These minutes approved by the Fort Worth Housing Finance Corporation Board of Directors on
the 5th day of November, 2019.
VED:
Gyna M. V3ivens
Secretary
Secretary