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Legal counsel updates THDA Board on agency volume cap
Summary
Chief Legal Counsel Bruce Balcom provided the Board an update on THDA's volume cap during the March 24 meeting; the report was given as informational and recorded in the minutes.
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Bruce Balcom, THDA's Chief Legal Counsel, briefed the Board on the agency's volume cap status and related legal considerations. The report was recorded in the minutes as an update from legal counsel; the transcript notes the Board received the update but does not include further specifics in the minutes.
Because the minutes summarize Balcom's update without detailed exposition, Board members were informed and the item did not result in separate action at this meeting. Staff may provide additional documentation or a fuller written report in the board packet or a future meeting if board members request it.
