Austin Housing Boost: $13M for Homes
Major Affordable Housing Investment:
Over $13.6 million was approved to fund critical housing and community development programs for Austin residents.Diverse Resident Support:
Funds are allocated to assist with rental costs, help first-time homebuyers, and provide essential home repairs, including accessibility upgrades.Addressing Key Safety and Quality Needs:
Specific initiatives include removing hazardous lead paint from homes and supporting various neighborhood improvement projects.Benefiting Thousands of Households:
These programs are designed to provide direct housing assistance and improvements to hundreds, potentially thousands, of local families.
Full Transcript
Austin H outing Financo Corpcrotion Grant Operating Budget Fital Y««r 2004-J005 (October 1, 2004 - September 30. 2005) Exhibl A -| -05 Tniiifcr I'romGiy yf Aiwriii fCOAJ Amended & IfiHlgri Households Approved lluilgri Amendment Aniendcd Uiidpt Served ChyofAu.iin-HoiisiiigTnurl'uiiJ 1.M3.-170 1,143.479.00 f~i:y of Ausiiii - S.M.A.R.T. Homing RtvolviiiKlxMii Fund Program Income (S.ilc* I'tocccdi Gnnt Proceeds Toifll Source of Funds A**i*l«l 1 lousing '1 L-ILIIII B^cd RrnUl A<ji$uncc H tut A! ] Ei>U!.iii/. Rental lluiuinp. Ocvflopirn-iu Arcliilceiur.il fa I:ii>!-Timc I [nmcbuv iti'iii and I )cvL-loi>i]i':iir vncr-OecupiciI I !ou»i AKluwciural l(»mor l Rri-.rrp:ii':i- 1 [nmc Rq Ij.-jd I l.u»d Control liond rtofTim CVM*ij ~ Revolving I.om Fund IIOMli- 1'p-^r.iiii Income 1EDM1: Match C131JC- ['Kitpini Inconse CD1K1 AUDI 1IO.M1: 1 [OML Gty of.-\UMIII- I touting Tniit E-'iinil CDbO City of Aii'liu • I louring TniM l-'iiml CDllC - L'ruKiani Income I'riv.rain Income HOME E1OME EIOMEi- E'roKOiiii Inic-me ADDJ TDIIG EIOMEi i.CEIlX'; CDBC; - Hcvolving 1 cuii E-und EIOMF..S!»lch I lOME^ - 1'minam In;omc CDHC; IIUMK IEOMI: Ciiy ft Au^ui - 11- iiisiiiR Ttusl Tund 2,587.438 7.17,01 K.I.UI) O.iji) 2«S7,4.18.0i) Toljl [,<sc of 1'undf 4.0S7.0SO 7,7 35.4 f,S 13.574.670.00 431.WS 9:3.470 5L'2.'Ji'U SliiJ.iv.'ii 2.i:i.777 luS.ui'y 201.0^ 380.'J'iO (iijl.FV 5(iC,.C,4i 427..XH, B79.HS1 '•33.S77 1,7i'8.'Xi:'i 4.714.27.1 926.49 S U«/>fl .HO.O'>.J 2.20 1.1 i« 2.511.15V SU.S74/i70 125.L"JiJ.iX) •:^!12.0.W.''K) I2>,00-:i 7.KC.LI.468 12S.OrtO.00 13,C.99,G70.00 'l?'''^'?? I') }f.6S.(iOO V43.479.00 il.O.') 0.00 S02.000.00 S.iO.OOO.Oo 2.321.777 lf.8,000.00 an,w.to.i SSO.Ofi.l.ui) (iC.I.O'X'.ft') i.iiA15.0il 427,0' KJ.O.-J 87'',0il.fio V33.577.fK.i 1 .708.000.0--.1 4.714,273 |i26.4'JS.OO 1,0.0,^0.0. ilO.oO.-j.or, 2-.201.li9.00 0 2.SH.1S-I 1 2S.iXiO.Ovi !2S,OOi).Oo $125,000 S13.699.670 p.: 133 ISO 182 V2 350 475 28 62 20 1,794 Definitions: . AUIM Housing Fmonc* Corporation Grant Opsra'jng Budget FiMIYMr2C04.2C05 (Octobw 1.2004 - Soptombor 3D, 2005) Exhibit A .MOI - Ainrr.cui Hrrui, r^uiriiintiit Iniriir^c OfiBG - Ojsraiinv.';. ! J(irtop:iKi« IKocli Gniil riiRfim ill n\.) = f>«:mu:-J:y 1 iftu'isj Develrf mesi f ic^iniTjnon Cir - ijj|iiul lnipiottnicii' r'to^riin TiOME = 1 l-tff Ji.vMinwni l'uuin-h:pi Cifife.: r-orpCtltiO''' Austin Housing Finance Co.'porntion Grant Opera'Jug Budg»l FiiilYeir 2004-2005 {October 1.20 M - SBpwmbor 30.2005) Exhib-i A