July 19, 2000

A quarterly meeting of Oklahoma Housing Finance Agency’s ("OHFA") Board of Trustees has been scheduled to be held at 10:00 a.m. on July 20, 2000, at 1140 Northwest 63^rd, Room 403, Oklahoma City, Oklahoma. The amended agenda for this meeting will be as follows:

1. Consider a Resolution approving Minutes of the May 18, 2000 meeting of the Board of Trustees. APPROVED

2. Certification and award presentation

3. Oklahoma Housing Apex Awards

4. Consent Docket - The following items of business may be voted upon by a single vote of the Trustees without discussion, unless and except for any item which anyone of the Trustees desires to have discussion about at the meeting, in which case, each item so noted will be withdrawn from the consent docket and handled individually in order immediately following the completion of the Consent Docket:

4.1 Consider individual Resolutions ratifying the approval of the applicants (contractors and projects) for funding under the HOME Investment Partnerships Program for Fiscal Year 1999 set forth on Exhibit "A"; authorizing the Executive Director to enter into contracts with each on behalf of OHFA, subject to the terms and conditions of the Trustees set forth in each respective individual approval resolution. APPROVED

4.2 Consider individual Resolutions ratifying the contingent approval of the applicants (contractors and projects) for funding under the HOME Investment Partnerships Program for Fiscal Year 1999 set for the on Exhibit "A" (said approval subject to tax credit approval); authorizing the Executive Director to enter into contracts with each on behalf of OHFA, subject to the terms and conditions of the Trustees set forth in each respective individual approval resolution. APPROVED

4.3 Consider individual Resolutions ratifying the denial of the applicants (contractors and projects) for funding under the HOME Investment Partnerships Program for Fiscal Year 1999 as set forth on Exhibit "A." APPROVED

4.4 Consider a Resolution approving, subject to certain terms and conditions, the selection of the E. Allen Cowen II, dba Allen Construction Company for funding under the Housing Trust Fund Program and authorizing and providing for the negotiation and execution of loan documents and other documents and agreements related to, or required by, the Housing Trust Fund Program and the Board of Trustees of OHFA. APPROVED

4.5 Consider a Resolution approving form of Requests for Proposal ("RFP") for legal services provider and financial advisor for the OHFA 2001 Single Family Mortgage Revenue Bond Program, as a "Related Plan of Financing". APPROVED

4.6 Consider a Resolution approving data processing equipment and crime and commercial excess liability insurance ("Commercial General Insurance") coverages; ratifying the renewal of current commercial general insurance with increased coverages; and approving and ratifying payment of the related premium. APPROVED

4.7 Consider approval of a Resolution authorizing OHFA to enter into agreement with the Oklahoma Department of Human Services respecting OHFA’s direct computer access to the Beneficiary and Earnings Data Exchange and authorizing the Executive Director of OHFA to execute renewal of same on behalf of OHFA. APPROVED

4.8 Consider a Resolution authorizing the Executive Director of OHFA to enter into an agreement with the Oklahoma Department of Human Services ("DHS") respecting the administration of certain state funds appropriated to DHS and passed through to OHFA for use in providing housing and housing assistance for homeless individuals and families and mentally ill persons in need of housing pursuant to the Oklahoma Homeless Prevention Act, 74 O.S., Sections 2900, et seq. and OHFA’s Homeless Housing Program, and further authorizing the Executive Director and staff to administer the Homeless Flexible Funds in conformity with the Homeless Prevention Act, OHFA’s Housing Pilot Program guidelines and the Agreement, and to prepare any reports required to be submitted by OHFA pursuant to the terms of the Agreement. APPROVED

4.9 Consider a Resolution approving a proposed amendment to Oklahoma Housing Finance Agency Promulgated (and effective October 1, 2000) Permanent Rules relating to and authorizing Phased Tax Credit Program Developments in Metropolitan Statistical Areas under certain limited conditions and authorizing Staff to proceed with Emergency and Permanent rule making respecting the proposed amendment. APPROVED

4.10 Consider a resolution approving the withdrawal of Grace Housing Partners, Ltd. as general partner of Tulsa-Crestview Housing Partners, Ltd. with the substitution of Yarco Crestview Phase I., Inc. therefor and the withdrawal of Aslan-Tulsa II GP, Ltd. as general partner of Crestview II Housing Partners, Ltd. and the substitution of Yarco-Crestview Phase II, Inc. therefor and authorizing the Chairman and Executive Director to execute such documents as are necessary to carryout the intent of this Resolution. APPROVED

4.11 Consider a Resolution approving the amendment of the Regulatory Agreement between OHFA and Owen Manor Limited Partnership ("Owner"), respecting the tax credit development known as Milton Terrace Apartments, Edmond, Oklahoma, necessitated by the refinancing of development and authorizing the Chairman to execute the Agreement Regarding Regulatory Agreement by and among OHFA, Owner and California Federal Bank evidencing same. APPROVED

4.12 Consider, individually, Resolutions approving the request of each of the Owner/Applicants for a Final Allocation of Tax Credit Credits, and authorizing the Executive Director to execute Regulatory (Extended Use) Agreements with each of the Owner/Applicants so approved, subject to the terms and conditions set forth in the Resolutions. APPROVED

5. Consider approval of a Resolution authorizing OHFA’s Single Family Mortgage Revenue Bonds (Homeownership Loan Program) 2000 Series D; authorizing the preparation of various documents relating to such bonds; approving the preparation of a Preliminary Official Statement; authorizing development of program documents; authorizing Requests for Proposals, if necessary; waiting competitive bidding; and authorizing OHFA officers, staff and advisors to take certain actions with respect thereto. APPROVED

6. Consider approval of a Resolution granting conditional authorization of OHFA’s multifamily revenue bonds for an ERC Development Group Project at Claremore, Oklahoma, in one or more series; authorizing the preparation of various documents relating to such bonds; authorizing development of loan documents; authorizing request for proposals, if necessary; waiving competitive bidding; and authorizing OHFA officers, staff and advisors to take certain actions with respect thereto. APPROVED

7. Conduct an individual proceeding [pursuant to, and in accordance with, Article II of the Oklahoma Administrative Procedures Act and OAC 330:1 and 330:36], to consider the Request for Reconsideration filed by Chickasha Housing Limited Partnership for the Autumn Brooke Apartments, Chickasha, Oklahoma ("Owner") for reconsideration of Resolution 00-05-65, dated May 18, 2000 denying a reservation of tax credits to said Owner and at the conclusion of said proceedings, consider a Resolution approving or disapproving the Owner’s Request for Reconsideration. APPROVED

8. In the event, and only in the event, the Request for Reconsideration filed by Chickasha Housing Limited Partnership for the Autumn Brooke Apartments, Chickasha, Oklahoma ("Owner") is approved and granted herein at this meeting, conduct an individual proceeding [pursuant to, and in accordance with, Article II of the Oklahoma Administrative Procedures Act and Internal Revenue Code of 1986, as amended, and OAC 330:1 and 330:36], to consider the Application of Owner (the "Application") for a Reservation of a portion of the State of Oklahoma’s 2000 Tax Credit Authority (the "TCA"), and in connection therewith: a) make such preliminary and/or intermediate rulings as may be necessary and/or appropriate in regard to the conduct of said proceedings; and b) at the conclusion of all testimony and evidence, consider a Resolution disapproving the Application or approving the Application together with a binding forward commitment to reserve Credits to the Owner from TCA. APPROVED

9. Consider a Resolution approving Settlement Agreement between the Housing Authority of the Sac & Fox Nation and OHFA and approved by the U.S. Department of Housing and Urban Development and authorizing the Executive Director to execute same on behalf of OHFA. PASS

10. Consider a Resolution approving, after consideration of comments received, Oklahoma Housing Finance Agency’s ("OHFA’s") Five (5) Year Plan for Fiscal Years 2000-2004 and OHFA’s Annual Plan for Fiscal Year 2000 prepared pursuant to 24 CFR 903; authorizing the Staff of OHFA to submit said Plans to the U.S. Department of Housing and Urban Development. APPROVED

11. Consider a Resolution approving Agreement between The City of Oklahoma City and OHFA, with the concurrence of the U.S. Department of Housing and Urban Development ("HUD") for OHFA’s administration of The City of Oklahoma City’s Year 2000 Formula Grant from HUD under the Housing Opportunities of Persons with AIDs. APPROVED

12. Consider approval of a Resolution approving the selection of a Certified Public Accounting firm to provide audit and accounting services and to act as OHFA’s independent auditors; determining and fixing the duties and compensation for said accounting firm; and approving a contract with said accounting firm and the execution of same. APPROVED

13. Consider approval of a Resolution authorizing the selection of a firm or firms through the Department of Central Services, Central Purchasing, to provide employee group health benefits to the employees and staff of OHFA. APPROVED

14. Consider a Resolution approving and authorizing the OHFA staff to distribute Requests for Proposals ("RFPs") to employ a service provider to provide legal advice and representation as general counsel to OHFA. APPROVED

15. Consider a Resolution authorizing Oklahoma Housing Finance Agency’s Assistance to the Oklahoma Rural Housing Incentive Study Task Force created by Enacted House Bill 2434, codified as 74 O.S. (2000), Section 2902 and appointing the Executive Director of OHFA to said Rural Housing Incentive Task Force as provided in said Enacted House Bill 2434 and authorizing the Executive Director to serve on said Task Force as part of his duties for and on behalf of OHFA. APPROVED

16. Consider a Resolution approving the membership of the Executive Director of OHFA on the Oklahoma Task Force to Review the Complaint System for Persons with Disabilities created by Enacted House Bill 2356, codified as 74 O.S. (2000), Section 161.1 et seq. and authorizing the Executive Director, or his designee, to serve on said Task Force as part of their duties for and on behalf of OHFA. APPROVED

17. Report on RFP to select Temporary Services Provider

18. Report on the draft Single Application for Tax Credits, HOME & Housing Trust Fund

19. Report on Section 8

20. Any business not known about or which could not have been reasonably foreseen prior to the time of posting of this Agenda.