ATX Land Deal for Affordable Homes
- The Austin Housing Finance Corporation approved transferring specific land parcels from the City of Austin to the Corporation.
- The properties involved are located at the northwest corner of Doris Drive and Hathaway Drive (District 7), and the northeast corner of Tannehill Lane (District 1).
- This strategic land transfer is intended to support future housing initiatives, likely focusing on affordable options within Austin.
- The decision was the sole agenda item and was swiftly approved unanimously by the Corporation.
Full Transcript
Austin Housing Finance Corporation Meeting Transcript – 4/26/2018
Title: ATXN 24/7 Recording Channel: 6 - ATXN Recorded On: 4/26/2018 6:00:00 AM Original Air Date: 4/26/2018 Transcript Generated by SnapStream ==================================
Let's go ahead and begin. We're going to then recess the meeting of the Austin city council here at 7:32 and we will convene the Austin housing finance corporation meeting. It is April 26, 2018, we're in the city council chambers here at 301 second street.
[7:33:07 PM]
We have a quorum present so you can begin to take us through our agenda. >> Yes, Rosie truelove, treasurer of the Austin housing finance corporation. We have one item on the agenda today and that's to authorize the negotiation and execution of all documents and instruments necessary to transfer fee simple the property located at the northwest corner of Doris drive and Hathaway drive in district 7, northeast corner of Tannehill lane district 1 from the city of Austin to the Austin finance corporation. I offer it on consent. >> Mayor Adler: Is there a motion to approve this item on consent. Councilmember pool makes that motion, mayor pro tem seconds it. Any discussion? Hearing none, those in favor please raise your hand. Those opposed. Unanimous with councilmember troxclair and councilmember alter gone. That's all of our business? >> That is all of our business. >> Mayor Adler: We are adjourning our meeting of the finance corporation. Sorry you were here so long today.