Austin Approves Millions for Housing Programs
- The Austin Housing Finance Corporation approved its operating and capital budgets for the 2011-2012 fiscal year.
- Nearly $6.9 million was allocated for housing grants and a housing assistance fund, supporting various programs.
- An additional $6.6 million capital budget was approved for housing-related development and improvements.
- These decisions commit significant funds to affordable housing initiatives and related projects across Austin.
Full Transcript
NOTICE OF MEETING
The Austin Housing Finance Corporation, Board of Directors, will convene at 9:15 AM on Wednesday, September 14, 2011, in Council Chambers at Austin City Hall, 301 W. Second Street, Austin, Texas
AGENDA The Board of Directors will go into a closed 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, or for other reasons permitted by law as specifically listed on this agenda. If necessary, the Board may go into a closed session as permitted by law regarding any item on this agenda. Consent
1.
Approve a resolution adopting the Fiscal Year 2011-2012 Austin Housing Finance Corporation Grant Operating Budget in the amount of 6,620,570 and the Housing Assistance Fund Budget in the amount of $276,570 for a total budget of $6,897,140; authorizing the development of program guidelines for the named housing programs for Fiscal Year 2011-2012; and establishing administrative approval limits for the general manager.
2.
Approve a resolution adopting the Austin Housing Finance Corporation Capital Budget for Fiscal Year 2011-2012 in the amount of $6,649,505, beginning on October 1, 2011 and ending on September 30, 2012. Adjourn The City of Austin is committed to compliance with the Americans with Disabilities Act. Reasonable modifications and equal access to communications will be provided upon request.
For assistance please call 974-3256 OR 974-2445 TDD.
A person may request a Spanish language interpreter be made available by contacting the City Clerk’s Office not later than two hours before the scheduled time of the item 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.
Cualquier persona puede solicitar servicios de intérprete en español comunicándose con la oficina del Secretario/a Municipal a no más tardar de dos horas antes de la hora determinada para el asunto sobre el cual la persona desea comentar. Por favor llame al 974-3256 con anticipo o informe al personal del Secretario/a Municipal presente en la sesión del Consejo.