Affordable Housing Budget & Land Deals
Here's a summary of the Austin Housing Finance Corporation meeting:
Housing Budget Adjustment
The Austin Housing Finance Corporation discussed amending its 2011-2012 budget to increase funds allocated for housing assistance.Federal Funds Repaid
A significant part of the budget amendment involves authorizing a $361,036.85 repayment to the U.S. Department of Housing and Urban Development (HUD).Property Acquisitions
This financial adjustment is specifically linked to the acquisition of properties on Henninger Street and Tillery Street, likely for local housing initiatives.
Full Transcript
TohPcf RU5TIN HOUSING FINRNCE CORPORATION NOTICE OF MEETING The Austin Housing Finance Corporation, Board of Directors, will convene at 3:00 PM on Thursday, December 08, 2011, in Council Chambers at Austin City Hall, 301 W. Second Street, Austin, Texas AGENDA The Board of Directors ivillgo into a dosed session under Chapter 551 of the 7 'extts Government Code to receive advice from legal counsel, to discuss mailers 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. Approval of Minutes 1. Approve the minutes of the September 22, 2011 Board meeting of the Austin Housing Finance Corporation. Consent 2. Approve a resolution amending the Fiscal Year 2011-2012 Austin Housing Finance ±Z LO Corporation Budget, Resolution No. 20110912-AHFC001 to increase revenues and UJ LO appropriations in the Assistance Budget by $361,037 and authorize repayment to the U.S. r^ Q Department of Housing and Urban Development in the amount of $361,036.85 for the •j_ ^ Q__ acquisition of properties at the following addresses: 0, 1202 and 1204 Henninger Street; !r TT. and 1127 and 1129 Tillcry Street. o S <\j z LU . ,. ~CC c^ Adjourn 7 he City of Austin is committed to compliance with the Americans with Disabilities Act. C*"J Reasonable modifications and equal access to communications will be provided upon request. For assistancepleast 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, Cualcjuier persona puede solicitar servicios de inlerprete en espanol comuniciindose con la oficina del SecreUmo/u Municipal a no mas tnrdar de dos horas antes de In hora determinada para el asunto sobre el cual la persona dcsea comentar. Por favor llame al 974-3256 con anticipo o informe al personal del Secretario/a Municipal presente en la sesion del Consejo.