January 17, 2001

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 January 24, 2001, at 1140 Northwest 63^rd, Room 403, Oklahoma City, Oklahoma. The agenda for this meeting will be as follows:

1. Consider a Resolution approving Minutes of the November 9, 2000 and December 20, 2000 meetings of the Board of Trustees. APPROVED

2. 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which anyone of the Trustees desires to have discussion about at the meeting, in which case, each item so noted will be withdrawn from the consent docket and handled individually in order immediately following the completion of the Consent Docket:

2.1 Consider approval of a Resolution authorizing the chairman and secretary of OHFA to execute a compliance agreement between OHFA and the Comanche County Home Finance Authority. APPROVED

2.2 Consider approval of a Resolution authorizing the chairman and secretary of OHFA to execute a compliance agreement between OHFA and the Oklahoma County Home Finance Authority. APPROVED

2.3 Consider a Resolution approving the voluntary transfer of servicing from Charles F. Curry to Mortgage Clearing Corporation for loans originated in the OHFA 1994B Single Family Mortgage Revenue Bond programs. APPROVED

2.4 Consider approval of a Resolution authorizing the reservation of up to one hundred thousand dollars from the 2001 low-income housing tax credit set aside for rural developments for developments funded under Section 515 of the Housing Act of 1949 through funds made available for new construction in rural areas; and authorizing the executive director to enter into a Memorandum of Understanding or Agreement with Rural Housing Service as may be necessary to carry out the actions approved therein. APPROVED

2.5 Consider a Resolution approving the selection of service providers to implement the Housing Opportunities for Persons with AIDS ("HOPWA") Program. APPROVED

2.6 Consider a Resolution approving the final allocation of 1999 Credit Authority to MDI Limited Partnership #46 owner of Berryhill Senior Apartments, Sapulpa, Oklahoma. APPROVED

2.7 Consider a Resolution approving the Consolidated Annual Contributions Contract to OHFA by the U.S. Department of Housing and Urban Development (Family Unification Program - OK 901VO0143), and approving and ratifying the execution of said contract, along with any and all additional documents relating to amendments of said contract by the executive director of OHFA. APPROVED

3. Consider approval of a Resolution authorizing OHFA’s Single Family Mortgage Revenue Bonds and or notes (Homeownership Loan Program) 2001 Series A (the "2001A Bonds") consisting of three or more subseries; authorizing the various documents relating to such bonds and notes; approving the distribution of the Preliminary Official Statement; setting parameters for the price and interest rates for such bonds; setting aside funds for new construction loans, down payment assistance and other purposes; authorizing use of OHFA funds; designating a Trustee, Registrar and Paying Agent; designating a Book-Running Co-Senior Manager; and authorizing OHFA officers, staff and advisors to take certain actions with respect thereto. APPROVED

4. Consider Resolutions approving funding under the HOME Investment Partnerships Program/Fiscal Year 2000 for certain applicants (contractors and projects); ratifying the denial of certain applicants (contractors and projects) failing to meet threshold requirements and approving contracts between OHFA the approved applicants as set forth in Exhibit A. APPROVED

5. Consider Resolutions approving funding under the HOME Investment Partnerships Program/Fiscal Year 2000 [Owner Occupied Rehabilitation] for certain applicants (contractors and projects); ratifying the denial of certain applicants (contractors and projects) failing to meet threshold requirements and approving contracts between OHFA and the approved applicants as set forth in Exhibit B. APPROVED

6. Consider a Resolution approving the certification of Community Housing Association for Rehabilitation Measures and Effective Development, Inc. as a community housing development organization under the state’s HOME investment Partnership Program. APPROVED

7. Consider a Resolution approving OHFA’s Consolidated Plan and HOME Program One (1) Year Action Plan for the period April 1, 2001 through March 31, 2002; authorizing the executive director of OHFA to cooperate with the Oklahoma Department of Commerce in implementing the State’s 2001 Consolidated Plan as it relates to Housing Programs administered by OHFA. APPROVED

8. Consider a Resolution approving and adopting proposed amendments to OHFA Promulgated Permanent Rules (and effective October 1, 2000) as Emergency Rules of OHFA and authorizing staff to proceed with emergency and permanent rulemaking procedures respecting same. APPROVED

9. Consider approval of a Resolution pertaining to Edgewood at the Gables, Sand Springs, Oklahoma, approving the transfer of the general partnership interest held by ZI-CAA, LLC, owner of Edgewood at the Gables, to McSha-CAA, LLC, an Oklahoma Limited Liability Company. APPROVED

10. Consider a Resolution approving the substitution of the property management team member for Oklahoma Walnut Creek Apartments (aka Forest Creek), Oklahoma City, Oklahoma; Britton Courtyards, Oklahoma City, Oklahoma; Emerald Greens (aka Country Club), Norman, Oklahoma; Gable Hills, Sand Springs, Oklahoma; and Edgewood at the Gables, Sand Springs, Oklahoma. APPROVED

11. Consider approval of a Resolution authorizing staff and the executive director to cooperate with the Oklahoma Department of Commerce and to cause to be developed and prepared a statewide affordable housing market study in connection with, and for use in, developing the housing strategy required under 74 O.S., Section 2901.4; to negotiate a contract pursuant to the Oklahoma Interlocal Cooperation Act with the University of Oklahoma Center for Business and Economic Development for the development and performance of said All County Affordable Housing Market Study and authorizing the executive director to enter into said contract on behalf of OHFA. APPROVED

12. Consider approval of a Resolution authorizing the staff of OHFA to develop and submit an application to the United States Department of Housing and Urban Development ("HUD") applying for HUD’s Fair Share Allocation of incremental vouchers and authorizing the staff and executive director to develop and submit future applications for allocations for funding of vouchers which may become available under HUD’s Section 8 Rental Assistance Program(s). APPROVED

13. Report on Fourth Quarter Budget

14. Cost Analysis Report

15. Report on Section 8

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