August 16, 2005

 A special meeting of Oklahoma Housing Finance Agency’s (“OHFA”) Board of Trustees has been scheduled to be held at 10:30 a.m. on August 24, 2005 at 100 Northwest 63^rd, Will Rogers Room, 2^nd floor, Oklahoma City, Oklahoma.  The agenda for this meeting will be as follows:  

1. Consider a Resolution authorizing OHFA’s Single Family Mortgage Revenue Bonds (Homeownership Loan Program) 2005 Series D (The “2005D 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.
   APPROVED
    

2. Consider a Resolution authorizing OHFA’s Single Family Mortgage Revenue refunding bonds, Draw Down Series 2005; authorizing the various documents relating to such bonds; approving a bond purchase agreement; authorizing the sale of bonds at negotiated sale and waiving competitive bidding for the bonds; setting the price and the formula for the interest rate for such bonds; and authorizing OHFA officers, staff and advisors to take certain actions with respect thereto.  APPROVED
    

3. Consider a Resolution authorizing OHFA’s Multi-Family Mortgage Revenue Bonds to pay the cost of a program to refinance Section 202 Senior Housing Projects (The “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 Offering Document Statement; setting parameters for the price and interest rates for such bonds; providing for the funding of loans; designating a trustee, registrar and paying agent; designating an underwriter; approving loan documents; and authorizing OHFA officers, staff and advisors to take certain actions with respect thereto.  APPROVED
    

4. Consider approval of Resolutions:  a) authorizing an Executive Session of the Trustees of Oklahoma Housing Finance Agency (“OHFA”), pursuant to Section 307.B.1 of the Oklahoma Open Meeting Act (25 O.S., Sections 301, et seq.), for the purpose of engaging in discussions pertaining to the employment benefits of the Executive Director of OHFA;   APPROVED

            b) after the conclusion of the Executive Session, authorizing the reconvening of the Open Meeting of the Board of Trustees of OHFA; and 

             c) consider a resolution pertaining to the employment benefits of the Executive Director of OHFA, as the Board of Trustees of OHFA may deem appropriate. 

5. 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