HomeMy WebLinkAbout2024/03/26-Minutes-Fort Worth Housing Finance Corporation (FWHFC)CITY OF FORT WORTH, TEXAS
FORT WORTH HOUSING FINANCE CORPORATION
TUESDAY, MARCH 26, 2024
Present:
President Carlos Flores
Vice President Elizabeth Beek
Secretary Gyna M. Bivens
Director Mattie Parker
Director Michael D. Crain
Director Charlie Lauersdorf
Director Jared Williams
Director Macy Hill
Director Chris Nettles
Director Alan Blaylock
Director Jeanette Martinez
Staff:
Fernando Costa, Assistant City Manager
Leslie Hunt, Senior Assistant City Attorney
Reginald Zeno, Treasurer
Ronald P. Gonzales, Assistant 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 11:22 a.m. on Tuesday, March 26, 2024, 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 January 30, 2024
Motion was made by Director Martinez and seconded by Director Bivens to approve the January
30, 2024 meeting minutes. The motion passed on an 11-0 vote.
3. Written Reports
a. Unaudited Financial Statement as of December 31, 2023
b. Unaudited Financial Statement as of February 29, 2024
c. Annual Independent Auditor's Report for Fiscal Year 2023 - CohnReznick
CITY OF FORT WORTH, TEXAS
FORT WORTH HOUSING FINANCE CORPORATION
TUESDAY, MARCH 26, 2024
PAGE 2 of 3
There was no discussion on the written reports; they were for informational purposes only.
4. Briefing on Findings Relating to General Accounting Standards Board Regulations as
Set Forth in the Annual Independent Auditor's Report for Fiscal Year 2023 from
CohnReznick
Mr. Tony Rousseau, Assistant Finance Director & City Controller, provided a staff report.
5. Consider and Adopt a Resolution Authorizing the Sale of Five Lots (1704 Colvin Avenue;
2650, 2670 and 2770 Ash Crescent Street; and 2771 Belzise Terrace) in the Ash Crescent
Neighborhood to Alpha Family Group, LLC or an Eligible Affiliate, for the Development
of Affordable Single -Family Homes for a Total Sales Price of $150,000.00 — Leah Brown,
Neighborhood Services Department
Motion was made by Director Nettles and seconded by Director Martinez to approve Resolution
No. FWHFC-2024-05, Authorizing the Sale of Five Lots (1704 Colvin Avenue; 2650, 2670 and
2770 Ash Crescent Street; and 2771 Belzise Terrace) in the Ash Crescent Neighborhood to Alpha
Family Group, LLC or an Eligible Affiliate, for the Development of Affordable Single -Family
Homes for a Total Sales Price of $150,000.00. The motion passed on an 11-0.
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 11:35 a.m. on Tuesday, March 26, 2024.
These minutes approved by the Fort Worth Housing Finance Corporation Board of Directors on
the 23'd day of April, 2024.
APPROV
Carlos Flores
President
CITY OF TORT WORTH, TEXAS
FORT WORTH HOUSING FINANCE CORPORATION I
TUESDAY, MARCH 26, 2024 / n� I
PAGE 3 of 3 /
GynaM. Bivens
Secretary
ATTEST:
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S. Goodall
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Secretary