The Lenora

Authorizes a loan agreement of up to $2,640,000 with OPG Lenora Partners, LLC for The Lenora, a multifamily rental development at 4507 Menchaca Road, funded by 2022 General Obligation Bonds in the Austin Housing Finance Corporation capital budget.

Authorize negotiation and execution of a loan agreement and related documents with OPG Lenora Partners, LLC, or an affiliated entity, in an amount not to exceed $2,640,000 for a multifamily rental dev

Approves a resolution supporting The Lenora, LLC's application for competitive 9% Low Income Housing Tax Credits to construct The Lenora near 4507 Menchaca Road. The item has no fiscal impact.

Approve a resolution supporting the application by The Lenora, LLC, or an affiliated entity, for the allocation of competitive 9% Low Income Housing Tax Credits for the construction of a development t