September 10

September 10, 2003

A regularly scheduled meeting of Oklahoma Housing Finance Agency’s (OHFA) Board of Trustees has been scheduled to be held at 10:30 a.m. on September 17, 2003, at 100 Northwest 63^rd, Will Rogers Room, Oklahoma City, Oklahoma. The agenda for this meeting will be as follows:

1. Consider a Resolution commending Jan Collins for her services as Trustee, Secretary/Treasurer and Vice Chairman of the Board of Trustees of OHFA. APPROVED

2. Consider a Resolution approving Minutes of the July 9, 2003 meeting of the Board of Trustees. APPROVED

3. Certification and Award Presentation

4. 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

5. Report on Section 8 waiting list.

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anyone of the Trustees desires to have discussion about at the meeting, in which case, each item so noted will be withdrawn from the Consent Docket and handled individually in order immediately following the completion of the Consent Docket:

6.1 Consider a Resolution approving form of Requests for Proposal (RFP) for Underwriter, Trustee Bank, and Master Servicer for the OHFA 2004 Single Family Mortgage Revenue Bond Program, as a Related Plan of Financing. APPROVED

6.2 Consider a Resolution approving the selection of service providers to implement the Housing Opportunities for Persons with Aids Program (“HOPWA”) Program. APPROVED

6.3 Consider a resolution approving Agreement with the Oklahoma Department of Human Services (“DHS”) respecting the administration of certain funds by OHFA under the Oklahoma Homeless Prevention Act, 74 O.S., Sections 2900, et seq. and OHFA’s Homeless Housing Program; authorizing the execution of said Agreement by the Executive Director. APPROVED

6.4 Consider, individually, Resolutions approving the applications of each of the Owners listed on Exhibit 1 for a Final Allocation of Housing Tax Credits; authorizing the Executive Director to execute regulatory (Extended Use) Agreements with each of the Owners approved and providing for filing and reporting of actions taken. APPROVED

7. Consider approval of a Resolution authorizing the transfer of certain general revenues of OHFA to the Program Operations Account within the accumulation fund under the Indenture of Trust dated as of May 1, 1994 by and between OHFA and Trustee Bank, as designated from time to time. APPROVED

8. Consider a Resolution approving the selection of a Financial Advisor for the OHFA 2004 Single Family Mortgage Revenue Bond Program and to provide general financial advisory services. APPROVED

9. Consider a Resolution approving the selection of Legal Services provider for the OHFA 2004 Single Family Mortgage Revenue Bond Program, as a “Related Plan of Financing” subject to certain terms and conditions. APPROVED

10. Consider and conduct an individual proceeding [pursuant to, and in accordance with, Article II of the Oklahoma Administrative Procedures Act, the Internal Revenue Code of 1986, as amended, and the rules and regulations promulgated thereunder and OHFA’s Chapter 36 Affordable Housing Tax Credit Program Rules], to consider the application for an award of Tax Credits filed by the bond financed Owner/Applicant, West OKC Housing Associates II, Limited Partnership for the development of a multi-family apartment community project to be located at 11501 S.W. 15^th St., Yukon Oklahoma, and in connection therewith: (a) make such preliminary and/or intermediate rulings as may be necessary and/or appropriate in regard to the application or conduct of said proceeding; (b) receive and hear the reports and recommendations of the Staff of OHFA, the evidence and arguments of the Applicant and its representatives and, pursuant to the Oklahoma Open Meeting Act, the comments of members of the public present; and (c) at the conclusion of all testimony and evidence, consider a Resolution approving, subject to any contingencies, conditions or requirements established by the trustees, or disapproving the Application of said Owner/Applicant. APPROVED

11. Conduct an individual proceeding [pursuant to, and in accordance with Article II of the Oklahoma Administrative Procedures Act, the Internal Revenue Code of 1986, as amended, and the rules and regulations promulgated thereunder and OHFA’s Chapter 36 Affordable Housing Tax Credit Program Rules] to consider the application for an award of Tax Credits filed by the bond financed Owner/Applicant, Edmond Housing Associates III, Limited Partnership for the development of a multi-family apartment community project to be located at Thomas and Covell Drive, Edmond, Oklahoma, and in connection therewith: (a) make such preliminary and/or intermediate rulings as may be necessary and/or appropriate in regard to the application or the conduct of said proceeding; (b) receive and hear the reports and recommendations of the Staff of OHFA, the evidence and arguments of the Applicant and its representatives and, pursuant to the Oklahoma Open Meeting Act, the comments of members of the public present; and (c) at the conclusion of all testimony and evidence, consider a Resolution approving, subject to any contingencies, conditions or requirements established by the Trustees, or disapproving the Application of said Owner/Applicant. APPROVED

12. Consider, individually, the applications for funding from the State of Oklahoma’s HOME Investment Partnership Program filed by each of the Applicants identified in Exhibit “A”, attached hereto and made a part hereof by reference, 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 the proceedings; (b) receive and hear the reports and recommendations of the Staff of OHFA, the evidence and arguments of the Applicants and their representatives and, pursuant to the Oklahoma Open Meeting Act, the comments of members of the public present; and (c) at the conclusion of all testimony and evidence, consider individual Resolutions approving, subject to any contingencies, conditions or requirements established by the Trustees, or disapproving the application of each of said Applicants for funding from the State of Oklahoma’s HOME Investment Partnership Program. APPROVED

13. Report on Information Systems FY 2004 Technology Plan

14. Consider a Resolution authorizing and approving the OHFA’s fiscal year 2003-2004 administrative budget. APPROVED

15. Report on Program Update

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