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Cross Creek Renovations Keep Residents On-Site

Thursday, June 12, 2014 Austin Housing Finance Corporation (AHFC) Board of Directors AHFC Meeting
  • Austin's Housing Finance Corporation focused on key housing initiatives.
  • A praised plan for Cross Creek Apartments renovations allows existing tenants to remain on-site, relocating within the property during upgrades.
  • Multiple agenda items concerning housing finance were unanimously approved.

Full Transcript

Austin Housing Finance Corporation Meeting Transcript – 06/12/2014 [09:58:28] >> I think these two items will be very quick, so with that objection we'll recess this meeting of the austin city council and call to order the meeting of the austin housing finance corporation, and if you'll take ugh throws the consent agenda -- us through the consent agenda, please. >> Betsy spencer, treasurer of the austin housing finance corporation. I'm available for questions. >> Leffingwell: So items 1, 2, 3 and 4 are the consent agenda for this meeting of the austin housing finance corporation. Is there a motion to approve? Councilmember spelman so moves. Second by councilmember morrison. >> Tovo: Mayor, I want to make mention of some correspondence I received from the developer for cross creek apartments, indicates that their intent is to renovate the buildings, one or two buildings at a time and relocate existing tenants into an occupied unit so there won't be a need for these families to transition off the property, which I think is a dynamite plan, and I applaud you for taking that approach and thank you for providing that correspondence, mr. Mulholland. [10:00:52] >> Leffingwell: All in favor say aye. Aye. Opposed say no. Passes on a vote of 7-0. That completes our agenda, so this meeting of the austin housing finance corporation is adjourned, and we'll call to order a meeting of tax increment financing reinvestment zone number 15