McKinney Housing Finance Corporation · 8:00 AM · City Hall Council Chambers
Matters
All Housing programs · Site-specific scope
McKinney Housing Finance Corporation April Meeting Minutes (26-0725)
City Council final vote
Analysis
Housing
Governance & Oversight
Insights by Role
Journalist
HighHigh significance — major decision, large financial impact, or broad community effectMHFC approved Skyway Villas bond issuance and a chain of entity resolutions in one meeting; the bond amount and public benefit terms are not stated in the agenda data and are natural follow-up questions.
Developer
MediumMedium significance — notable action worth trackingThe Skyway Villas package (Files 26-0735, 26-0729) shows MHFC taking ownership roles through LLCs and ground lease structures in bond-financed multifamily deals, which is relevant to anyone seeking a similar partnership.
Lobbyist
MediumMedium significance — notable action worth trackingBoard members Underwood, Willingham, Dixon, Emery, Sulur, Brannon and Raghunath moved or seconded the approvals; all Skyway Villas items and the budget passed.
Resident
MediumMedium significance — notable action worth trackingThe Skyway Villas development is to be financed, rehabilitated and operated as multifamily housing under the approved bond package (File 26-0735 and File 26-0734).
Charts & Data
19 items(6 procedural hidden)
(e.g., Approved, Denied, Held)
(e.g., Hearing Closed, Corrected, Referred)
AI-generated summaries. Click to expand for original text.
#2Dais System Training
#4PUBLIC COMMENTS ON AGENDA ITEMS (For Non-Public Hearing Items)
#5If you wish to address the Board on a posted item on this agenda, please fill out a "Request to Speak" card and present it to the Clerk before the meeting. Pursuant to Section 551.007 of the Texas Gov
#7This portion of the agenda consists of non-controversial or housekeeping items required by law. Items may be considered individually by the Board or Commission member making such request prior to a mo
#8Approval of the minutes of the McKinney Housing Finance Corporation meeting held April 10, 2026.
#9DISCUSSION ITEMS - No Action Taken
#11The McKinney Housing Finance Corporation considers and acts on its proposed budget for fiscal year 2026-2027.
#12A resolution authorizing the McKinney Housing Finance Corporation to file an application for reservation with the Texas Bond Review Board regarding qualified mortgage bonds or mortgage credit certificates.
#13Resolution of the McKinney Housing Finance Corporation approving the delegation of bond issuance authority and assignment of its private activity bond authority to the Texas Department of Housing and Community Affairs, and authorizing execution of an assignment agreement.
#14Resolution authorizing the issuance of the McKinney Housing Finance Corporation Multifamily Housing Revenue Bonds (Skyway Villas), Series 2026, and approving the Trust Indenture, Loan Agreement, Regulatory Agreement, Bond Purchase Agreement, and Official Statement.
#15Resolution of the McKinney Housing Finance Corporation authorizing its participation in a multifamily housing development and the execution of a Memorandum of Understanding with Skyway Villas (TX) Developer LLC regarding the financing, development and operation of Skyway Villas.
#16Resolution authorizing the transfer and assignment of McKinney Skyway Villas GP, LLC, general partner of Skyway Villas (TX) Owner LP, the partnership that will own and develop the project, with the McKinney Housing Finance Corporation as sole member, and approving the related limited liability company agreements.
#17Resolution of the McKinney Housing Finance Corporation, acting as sole member of McKinney Skyway Villas GP, LLC, authorizing execution and delivery of ground lease, equity, bond and loan documents to finance, rehabilitate and operate the Skyway Villas multifamily housing development.
#18Consideration of a resolution by the McKinney Housing Finance Corporation, acting as sole member of McKinney Skyway Villas Holdings, LLC, to authorize acquisition of real property and execution of ground lease documents for the financing, rehabilitation, and operation of the Skyway Villas multifamily housing development.
#19Resolution authorizing formation of McKinney Skyway Villas Holdings, LLC as ground lessor in connection with the McKinney Housing Finance Corporation Multifamily Housing Revenue Bonds (Skyway Villas), Series 2026, designating the Corporation as sole member and approving a limited liability company agreement.
#20Resolution authorizing formation of McKinney Skyway Villas Development, LLC as co-developer in connection with McKinney Housing Finance Corporation Multifamily Housing Revenue Bonds (Skyway Villas), Series 2026, designating the Corporation as sole member and approving a limited liability company agreement.
#22Board and Manager comments relating to items of public interest: Announcements regarding local or regional civic and charitable events, staff recognition, commendation of citizens, upcoming meetings,
#24Posted in accordance with Texas Government Code, Chapter 551, on July, 20th, 2026. ___________________________ Empress Drane, TRMC City Secretary Tenitrus Parchman, TRMC Deputy City Secretary
#25In accordance with the Americans with Disabilities Act, it is the policy of the City of McKinney to offer its public programs, services, and meetings in a manner that is readily accessible to everyone
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