ATX Housing Bond Funds Unanimously OK'd
- Austin's Housing Finance Corporation (AHFC) approved significant funding for local housing projects.
- All allocations, sourced from general obligation bonds, passed unanimously as part of a consent agenda.
- Developers behind the funded projects were present to answer any questions.
- A minor numerical error in one project's funding details was corrected before final approval.
Full Transcript
City Council Austin Housing Finance Corporation (AHFC) Transcript –2/9/2017
Title: ATXN 24/7 Recording Channel: 6 - ATXN Recorded On: 2/9/2017 6:00:00 AM Original Air Date: 2/9/2017 Transcript Generated by SnapStream ================================== [6:40:01 PM] It is February 9th, 2017. We're in the city council chambers here in downtown Austin. The time is 6:40. We have a quorum. Do you want to take us through your agenda. >> Rosie truelove. You can six items before you today. The first is approval of the minutes from the December 8th and December 15th board meetings. Items 2 through 6 are the allocations of our general obligation bond funding that have gone through the application process and our general bond obligation review process and are ready for council consideration. They are all available on consent. If you have questions about any of the projects, we have the developers in the audience. And I do want to call your attention to a piece of late backup that's come to you. In one of the items, item 5, we had -- item 4, we had some errors in the numbers and those are corrected in the yellow paper that was just passed out.
[6:41:38 PM]
>> Mayor Adler: Okay. Ms. Pool moves passage of the consent agenda, which will be all of the items. Is there a second to that? Mr. Renteria. Is there any discussion? Those in favor of the consent agenda please raise your hand? Those opposed? It's unanimous with everyone on the dais. I think that takes care of all of our business, so we adjourn our meeting of the Austin housing finance corporation.