The Anna Public Facility Corporation (APFC) was created in 2021 by the City of Anna and operates pursuant to Chapter 303, Local Government Code, for the purpose of assisting the City in financing, refinancing, or providing public facilities. The APFC provides for the acquisition, construction, rehabilitation, renovation, repair, and furnishings of public facilities in the City. The APFC may also serve as an additional bond issuer to significantly expand its access to private activity bond cap for financing affordable housing in the City of Anna.
The AHFC partnered with Palladium USA to develop East Foster Crossing, a mixed-income residential community located at 425 East Foster Crossing Road. The 239-unit complex will feature one-, two-, and three-bedroom formats and amenities such as a pool, fitness center, children’s playground, dog park, and clubroom. Pre-leasing is expected to begin in summer 2023.
Board of Directors
The Anna Public Facility Corporation is managed by a board of directors comprised of members of the City Council. Board members elect a president, vice president, secretary, and treasurer.