Title
Overview of Housing Finance Corporation’s Roles and Responsibilities, Housing Bonds and Partnership 101 Presentation
Summary
COUNCIL GOAL: Goal #1.1: Provide a Strong Economy by Creating a Global Housing Strategy and Facilitating a Balance Between Industrial, Commercial, Residential, and Open Space.
MEETING DATE: October 9, 2026
DEPARTMENT: Housing and Community Development
CONTACT: Cristel Todd, Affordable Housing Administrator
Margaret Li, Housing and Community Development Director
RECOMMENDED ACTION:
• Staff recommends the Board receive and file the presentation on the Housing Finance Corporation’s roles and responsibilities, Housing Bonds and Partnership 101
ITEM SUMMARY:
• Claire Lastrapes, Hilltop Securities, Inc and Rachel Jensen, Chapman and Cutler LLP will provide a presentation highlighting the roles and responsibilities of the Housing Finance Corporation, Housing Bonds and Partnership 101.
BACKGROUND INFORMATION:
• The City Council duly created and organized the McKinney Housing Finance Corporation (“MHFC”) pursuant to and in accordance with the provisions of the Texas Housing Finance Corporations Act, Texas Local Government Code, Chapter 394.
FINANCIAL SUMMARY:
• N/A