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ATX Housing Budgets Pass Swiftly

Wednesday, September 14, 2016 Austin Housing Finance Corporation (AHFC) Board of Directors AHFC Meeting
  • The Austin Housing Finance Corporation (AHFC) approved its capital budget for the upcoming fiscal year.
  • The corporation also passed its grant operating budget, allocating funds for various housing initiatives.
  • These key budget items were approved rapidly in a brief session, though not with unanimous support.

Full Transcript

Austin Housing Finance Corporation Meeting Transcript – 09/14/2016 Title: ATXN 24/7 Recording Channel: 6 - ATXN Recorded On: 9/14/2016 6:00:00 AM Original Air Date: 9/14/2016 Transcript Generated by SnapStream ============================ [6:12 PM] >> Mayor Adler: I think at this point we need to recess this meeting to convene the Austin housing finance corporation. You want to guide us through this? >> Mr. Mayor, could you give us an idea of how much longer -- I'm really supposed to be somewhere at 6:00. >> Mayor Adler: I do, too. We have the housing finance corporation and then the Mueller government corporation and then I think we're done. Are these agendas going to take us long? Should we break for dinner and come back or can we get this done. >> This will be fast. >> Five minutes. >> Okay. >> Mayor Adler: Please proceed. >> Good afternoon, board of directors. I'm Rosy Truelove, I’m the treasurer of the Austin Housing Finance Corporation. We have two items on the agenda today related to the corporation's budget beginning October 1st, 2016, ending September 30th, 2017. [6:13:21 PM] Item no. 1 is related to the corporation's capital budget and item no. 2 is the corporation's grant operating budget. I offer both of the items on consent. >> Mayor Adler: Mayor pro tem? Moves adoption. Is there a second? Mrs. Houston. >> I just said I'll second but I think you got. >> Mayor Adler: Mrs. Houston seconds. >> Houston: It's good because he was looking this way this time rather than that way. >> Mayor Adler: Those in favor, please raise your hand. Those opposed? Mr. Zimmerman votes no. The others voting aye. It passes. Any other business? >> That's it. >> Mayor Adler: All right. Then we're going to adjourn that meeting.