Major Housing Budgets Greenlit
- The Austin Housing Finance Corporation approved its Fiscal Year 2010-2011 Grant Operating Budget, totaling over $8.1 million.
- This funding supports various housing assistance programs and grants for the community, with guidelines to be developed.
- An additional $6.4 million Capital Budget was approved for housing-related projects for the upcoming fiscal year, bringing the total housing investment to over $14.6 million.
Full Transcript
NOTICE OF MEETING The Austin Housing Finance Corporation, Board of Directors, will convene at 9:45 a.m. on Monday, September 13, 2010, in Council Chambers at Austin City Hall, 301 W. Second Street, Austin, Texas AGENDA The Board of Directors will go into a dosed session under Chapter 551 of the Texas Government Code to receive advice from legal counsel, to discuss matters of land acquisition, to discuss personnel matters, orfor other reasons permitted by law as specifically listed on this agenda. If necessary, the Board may go into a closed session as permitted by lan> regarding any item on this agenda. 1. Approve a resolution adopting the Fiscal Year 2010-2011 Austin Housing Finance Corporation Grant Operating Budget in the amount of $7,849,957 and the Housing Assistance Fund Budget in the amount of 5350,000 for a total budget of 58,199,957; authorizing the development of program guidelines for the named housing programs for Fiscal Year 2010-2011; and establishing administrative approval limits for the General Manager. 2. Approve a resolution adopting the Austin Housing Finance Corporation Capital Budget for Fiscal Year 2010-2011 in the amount of $6,495,000, beginning on October 1, 2010 and ending on September 30, 2011. Adjourn 'The City of Austin is committed to compliance trith the Americans a-ith Disabilities Act. Reasonable modifications and equal access to communications uill be provided upon request. For assistance pfatse fall 974-3256 OK 974-2445 TDD, A person may request a Spanish language interpreter be maiic available by contacting the City Clerk's Office not later than two hours before the scheduled time of the Stem on which the person wishes to speak. Please call 974-3256 in advance or inform the City Clerk's staff present at the council meeting. Cuakjuicr persona puedc solicitar scrvicios de intcrpretc en espaiiol comunicandose con la oficina del Secretario/a Municipal a no mas tardar dc dos horas antes de la bora dcterminada para el asunto sobrc el cual la persona desea comentar. Por favor Ikime al 974-3256 con anticipo o informc al personal del Sccrctario/a Municipal presente en la sesion del Consejo.