July 13, 2004

A meeting of Oklahoma Housing Finance Agency’s (“OHFA”) Board of Trustees has been scheduled to be held at 10:30 a.m. on July 14, 2004 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 May 19, 2004 meeting of the Board of Trustees. 
     
  1. Certification and award presentation.
     
  1. Apex Awards
     
  1. Consider a Resolution approving and authorizing the Executive Director and staff of OHFA to formally open the Housing Choice Voucher (Section 8 Program) waiting list and directing that notice of same be posted on the OHFA website and printed in major publications within the Oklahoma market.
     
  1. Consider a Resolution approving OHFA’s Five year Plan for fiscal year 2005 through fiscal year 2009 and OHFA’s Annual Plan for fiscal year 2004-2005 prepared pursuant to 24 CFR 903; authorizing and directing staff to submit the Plans to the U.S. Department of Housing and Urban Development.  
     
  1. Consider a Resolution approving the Consolidated Annual Contributions Contracts  (“CACCs”) to OHFA by the U.S. Department of Housing and Urban Development, 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. 
     
  1. Consent Docket.  The following items of business may be voted upon by a single vote of the Board of Trustees without discussion, unless a member of this Board of Trustees desires further discussion regarding a specific item or items. In such event, this item or items will be withdrawn and considered following the Consent Docket.

7.1       A Resolution approving form of Requests for Proposal (“RFP”) for legal services provider and for financial advisor for the OHFA 2005 Single Family Mortgage Revenue Bond Program, as a “Related Plan of Financing.” 

7.2       Consider a Resolution authorizing the staff of OHFA to finalize and submit to the Office of Central Services, Central Purchasing an Invitation to Bid for employee short and long term disability and accidental death and dismemberment coverage.

7.3       A Resolution authorizing and approving the renewal and extension for a one-year period of OHFA’s contract(s) with Prudential Investments respecting employee retirement services. 

  1. Consider a Resolution authorizing OHFA’s Single Family Mortgage Revenue Bonds (Homeownership Loan Program) 2004 Series C (the “2004C Bonds”); consisting of one or more series or two or more subseries; waiving competitive bidding for the sale thereof; authorizing the various documents relating to such bonds; approving the distribution of the Preliminary Official Statement; setting parameters for the price and interest rates for such bonds; providing for the funding of loans on newly constructed residences and 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; establishing purchase price limits for homes financed under the program; and authorizing OHFA officers, staff and advisors to take certain actions with respect thereto.  
  1. Consider a Resolution approving selection of Corporate Trust Services, Managing Underwriter, Legal Services and Financial Advisor relating to issuance of Mortgage Revenue Bonds for OHFA’s 2004 Multifamily Mortgage Revenue Bond Program, a “related Program of Financing.”
     
  1. Consider, individually, the applications for funding from the State of Oklahoma’s 2004 HOME Investment Partnership Program for Homeowner Rehabilitation 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 2004 HOME Investment Partnership Program for Homeowner Rehabilitation.
     
  1. Consider, individually, the applications for funding from the State of Oklahoma’s 2003 HOME Investment Partnership Program (other than Homeowner Rehabilitation) filed by each of the Applicants identified in Exhibit “B”, 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.
     
  1. Consider a Resolution approving the application for a loan from the Oklahoma Housing Trust Fund filed by Oklahoma County Home Finance Authority for a proposed residential housing project to be located in Oklahoma City, Oklahoma County, Oklahoma.
     
  1. Consider a Resolution approving the request of the City of Guymon (“Borrower”) for an extension of the maturity date of said borrower’s Housing Trust Fund loan.
     
  1. Consider a Resolution approving and authorizing a Memorandum of Understanding (“MOU”) between the Oklahoma City Empowerment Zone/Empowerment Community Governance Committee (OCEZEC) and OHFA; approving form of Agreement and authorizing execution and delivery of same.
     
  1. Report on HOME Monitoring
     
  1. Report on HOPWA
     
  1. Report on State Private Activity Bond Allocation Act
     
  1. Report on ADDI (American Dream Down-payment Initiative)
     
  1. Report on Housing Link Deposit
     
  1. Report on Program Update
     
  1. Any business not known about or which could not have been reasonably foreseen prior to the time of posting of this Agenda.

 

FOR THE CHAIRMAN

Dennis Shockley

Executive Director