March 26, 2002

A meeting of Oklahoma Housing Finance Agency’s (“OHFA”) Board of Trustees has been scheduled to be held at 10:00 a.m. on March 27, 2002 at 100 Northwest 63rd, Will Rogers Room, 2nd floor, Oklahoma City, Oklahoma.  The amended agenda for this meeting will be as follows:

  1. Consider a Resolution approving Minutes of the January 23 and February 14, 2002 meetings of the Board of Trustees. APPROVED
     
  1. Certification and award presentation.
     
  1. 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which anyone of the Trustees desires to have discussion about at the meeting, in which case, each item so noted will be withdrawn from the Consent Docket and handled individually in order immediately following the completion of the Consent Docket:

3.1   Consider a Resolution approving the Consolidated Annual Contributions Contracts (“CACCs”) to OHFA by the U.S. Department of Housing and Urban Development (“HUD”), and approving and ratifying the execution of said CACC Contracts, along with any and all additional documents relating to amendments of said contracts, by the Executive Director of OHFA. APPROVED

3.2   Consider a Resolution authorizing the Executive Director and Staff to develop and distribute, in conformity with OHFA’s general procedures and the requirements of the State Purchasing Laws, an Invitation to Bid for a service provider to pave a new parking lot appurtenant to the offices of OHFA, 100 NW 63rd, Oklahoma City, Oklahoma. APPROVED

3.3   Consider approval of a Resolution authorizing the Chairman and Secretary to take all necessary steps to ensure continued Public Officials/Employees Liability and Employment Related Practices Liability Insurance coverage. APPROVED

3.4   Consider a Resolution authorizing and approving OHFA’s continued membership in the National Council of State Housing Agencies and authorizing payment of membership dues for the period of July 1, 2002 through June 30, 2003. APPROVED

3.5   Consider a Resolution approving the application of Hugo Seniors, LP (OHFA #00-02-14) owner of the Hugo Seniors development (also known as Kiamichi Gardens), Hugo, Oklahoma for a final allocation of federal tax credits in the maximum amount of $46,704; authorizing execution of Regulatory Agreement and reporting by the Executive Director and Staff. APPROVED

3.6   Consider a Resolution approving the application of Tahlequah Properties IV, LP (OHFA #00-02-21) owner of the Savannah Park of Tahlequah development, Tahlequah, Oklahoma for a final allocation of federal tax credits in the maximum amount of $49,055; authorizing execution of Regulatory Agreement and reporting by the Executive Director and Staff. APPROVED

3.7   Consider a Resolution approving the application of Luther Properties, LP (OHFA #00-06-39) owner of the Garden Walk of Jones development, Jones, Oklahoma for a final allocation of federal tax credits in the maximum amount of $74,357; authorizing execution of Regulatory Agreement and reporting by the Executive Director and Staff. APPROVED

3.8   Consider a Resolution approving the application of Chapel Ridge of Claremore Limited Partnership (OHFA #00-08-52) owner of ChapelRidge of Claremore, Claremore, Oklahoma (partially financed through multifamily revenue bonds issued by OHFA) for a final allocation of federal tax credits in the maximum amount of $210,973; authorizing execution of Regulatory Agreement and reporting by the Executive Director and Staff. APPROVED

  1. Consider approval of a Resolution authorizing OHFA’s Single Family Mortgage Revenue Bonds (Homeownership Loan Program) 2002 Series C; 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; waiving competitive bidding; and authorizing OHFA officers, staff and advisors to take certain actions with respect thereto. APPROVED
     
  1. Consider a Resolution approving amended Cost of Issuance budget for the OHFA Single Family Mortgage Revenue Bonds, Draw Down Series 2002 and authorizing an increase in the funding of the Cost of Issuance account for said Draw Down Series 2002 Bonds. APPROVED
     
  1. Consider a Resolution approving the application of Quail Run Apartments, Limited Partnership (OHFA No. 02-02-01), Owner of the proposed tax credit development known as Quail Run Apartments, Crider Road, Cordell, Oklahoma for a reservation of $56,384 in federal housing tax credits from the State of Oklahoma’s 2002 Credit Authority and providing for carryover allocation, subject to certain conditions precedent. APPROVED
     
  1. Consider a Resolution approving and accepting the return of tax credits by Hinton Housing Limited Partnership, an Oklahoma Limited Partnership, owner of the development known as Hillcrest Apartments, Hinton, Caddo County, Oklahoma (OHFA No. 01-02-04). APPROVED
     
  1. Consider, individually, Resolutions approving each of the following applicants for funding from the State of Oklahoma’s 2001 HOME Investment Partnership Program for Owner Occupied Rehabilitation:  CHARMED (3 units in Pottawatomie and Okfuskee Counties) and the County of Seminole (3 units in Seminole County). APPROVED
     
  1. Consider a Resolution approving Community Action Development Corporation (1 unit, Cordell, Washita County) for funding from the State of Oklahoma’s 2001 HOME Investment Partnership Program for Owner Occupied Rehabilitation, contingent upon satisfaction of certain requirements of Staff and the Trustees. APPROVED
     
  1. Consider, individually, Resolutions ratifying and approving the denial of the applications of each applicants described on Exhibit "A" for funding from the State of Oklahoma 2001 HOME Investment Partnership Program for Owner Occupied Rehabilitation. APPROVED
     
  1. Consider, individually, Resolutions approving the Applications of each of the Community Housing Development Organizations (CHDOs) described on Exhibit “B” for funding from the State of Oklahoma’s 2001 HOME Investment Partnership Program. APPROVED
     
  1. Consider a Resolution denying the application of Community Action Resource Development (CARD) Mayes, Rogers, Nowata, Wagoner, & Washington Counties for funding from the State of Oklahoma 2001 HOME Investment Partnership Program. APPROVED
     
  1. Consider a Resolution approving amendments to OHFA’s Administrative Plan for the U.S. Department of Housing and Urban Development’s (“HUD’s”) Housing Choice Voucher Program to establish a disabled preference for persons with disabilities applying for placement on OHFA’s Housing Choice Voucher Program waiting list; and authorizing and directing the staff of OHFA to submit said amended Administrative Plan to HUD for review. APPROVED
     
  1. Consider a Resolution approving and adopting amendments to OHFA’s Chapter 60: Oklahoma Housing Trust Fund Rules [OAC 330:60] and authorizing staff to proceed with the promulgation of said amendments as permanent rules of OHFA pursuant to the permanent rulemaking requirements of the Oklahoma Administrative Procedures Act. APPROVED
     
  1. Consider a Resolution approving or denying the request of Community Action Project, Tulsa, Oklahoma ("CAP") for an extension of CAP’s Housing Trust Fund loan for an additional term. APPROVED
     
  1. Report on Housing Trust Fund Program
     
  1. Report on 1st Quarter Budget
     
  1. Report on Annual Report
     
  1. Report on Program Update

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

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