West Virginia Housing Development Fund
Board of Directors Meeting
AGENDA
August 23, 2023
9 a.m.
To Participate by Telephone
Telephone Number: +1-305-224-1968
Meeting ID: 867 0925 4882
Access Code: 931367
I. MINUTES
Approval of the Minutes of the July 26, 2023, Meeting
II. FINANCIAL REPORTS
Financial Statements and Delinquency Report for the Period Ended June 30, 2023
III. BUDGET AMENDMENT
Consideration of Budget Amendment for Software Conversion for Commercial Servicer
IV. BOND INDUCEMENT RESOLUTION
Consideration of Bond Inducement Resolution for Conduit Financing of up to $28,400,000 for the Acquisition and Rehabilitation of Beckley Townhomes, Willbrian Apartments, and Beckley West Apartments
V. MULTIFAMILY PROJECT: WASHINGTON GREENE
- Consideration of HOME Program Loan for Washington Greene
- Consideration of WVHDF Permanent Loan for Washington Greene
VI. APPROVAL OF SIGNATORIES
Consideration of Resolution for Signature Authority
VII. ELECTION OF OFFICERS
Consideration of Nominations for Board Officers
VII. FEDERAL HOME LOAN BANK RESOLUTION
Consideration of Resolution Authorizing Signatories for Federal Home Loan Bank–Pittsburgh
IX. INVESTMENT POLICIES
Consideration of Changes to Investment Policies
X. EXECUTIVE SESSION
To discuss legal matters pursuant to W. Va. Code § 6-9a-4(b)(7) involving commercial competition, which if made public, might adversely affect the financial or other interest of the State or any political subdivision pursuant to W. Va. Code § 6-9a-4(b)(9).
XI. ADJOURNMENT
Any person desiring to address the Board via telephone must register with Lori Ryan at (304) 391-8637 or no later than 10 minutes prior to the start of the meeting. Any person desiring to address the Board in person must register on the sign-up sheet provided in the Boardroom no later than 10 minutes prior to the start of the meeting. Pursuant to Article III, Section 8 of the West Virginia Housing Development Funds Bylaws, all persons desiring to address the Board shall limit their comments to five minutes each unless otherwise agreed to by the Board.
Remaining 2023 Board Meetings:
September 27
October 25
November 15
December 13
Meetings are on the fourth Wednesday of the month, with the exception of November and December, and begin at 9 a.m. Please see the agenda for call-in information.