Austin Boosts Affordable Housing Projects
- Approved a $128,000 loan to Blackshear Neighborhood Development to rehabilitate three existing affordable housing units.
- Authorized the negotiation to acquire nearly four acres of land on Pecan Boulevard for $4.2 million, intended for a future affordable housing development.
- All housing initiatives passed unanimously, demonstrating strong support for expanding affordable housing options in the city.
Full Transcript
Austin Housing Finance Corporation Meeting Transcript – 2/20/2020
Title: City of Austin Channel: 6 - COAUS Recorded On: 2/20/2020 6:00:00 AM Original Air Date: 2/20/2020 Transcript Generated by SnapStream ==================================
Please note that the following transcript is for reference purposes and does not constitute the official record of actions taken during the meeting. For the official record of actions of the meeting, please refer to the Approved Minutes.
And at 3:26 I'm going to convene here on February 20th of 2020 the Austin housing finance corporation meeting. We are in the city council chambers here at city hall, 301 west 2nd street, a quorum is present of the board. Do you want to take us through our consent agenda? >> Sure, Mandy, Austin housing finance corporation, you have three things today. First is approving the meeting minutes from December 5th and January 23rd. The second is approving and authorizing the negotiation of a loan agreement with blackshare neighborhood development corporation for $128,000 for the rehabilitation of three affordable housing units. We have representatives of blacksheer here should you have any questions. And the third is authorizing the
[3:27:50 PM]
negotiation of the acquisition of property on pecan boulevard in district 6, nearly four acres, $4.2 million for a future affordable housing development. I offer the items on consent. Happy to answer any questions. >> Mayor Adler: We have one person signed up to speak on some of these items. Is Gus peña here? No? I think that was the only person that we had signed up to speak. That gets us up to the dais. Any discussion on the consent? Someone want to move adoption of the consent? Councilmember Renteria makes that motion, councilmember pool seconds it. Those in favor of the consent agenda please raise your hand. Unanimous on the dais. I think that's all our work today. Our meeting is adjourned at 3:28. Ahfc.