1. Serving the Missing Middle TALHFA Educational Conference Fort Worth, Texas Thursday, October 26, 2017
Presented by
Avis F. Chaisson
Acting Assistant Director, City of Fort Worth
Fort Worth Housing Finance Corporation Administrator

2. Enclave at Westport
Partnership with between Integrated Real Estate Group
FWHFC is GP
100% ad valorem exemption (high leverage of construction loan as a result)
NEF mezzanine financing
BOA conventional loan
51% of the units affordable at 80% or below of AMI; remaining units are market rate (339 units)
FWHFC share in developer fee and cash flow

3. UNIT MIX
Affordable (30% AMI)
(50% AMI)
(60% AMI) 14 6
80% AMI
153
Market
152
Total
339

4. 2016 TALHFA Award Winner!

5. Thank You! Avis F. Chaisson Acting Assistant Director
Avis F. Chaisson
Acting Assistant Director
Fort Worth Housing Finance Corporation Administrator
Neighborhood Services Department
Office Phone:
Fax:
City of Fort Worth — Working together to build a strong community.
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