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$42M Housing Bonds: Public Hearings Ahead

Thursday, February 4, 2021 Austin Housing Finance Corporation (AHFC) Board of Directors AHFC Meeting
  • Austin's Housing Finance Corporation took steps toward funding new developments.
  • Public hearings are scheduled for February 18th to discuss a proposed $22 million in bonds for a housing development at 440 Nichols Crossing.
  • Another hearing on February 18th will review $20 million in bonds for a development at 1934 Rutlin Drive.

Full Transcript

Austin Housing Finance Corporation Meeting Transcript – 02/04/2021 Title: City of Austin Channel: 6 - COAUS Recorded On: 2/4/2021 6:00:00 AM Original Air Date: 2/4/2021 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 we are going to convene the Austin housing finance corporation meeting on February 4th, 2021, time is 2:15 in the afternoon. We're handling this meeting virtually during the pandemic. The quorum, there's a quorum of the board of directors president. Director, do you want to take us through the consent agenda? You're muted. Can't hear you still. [2:16:09 PM] No. >> Can you just call in? >> It's relatively straightforward, mayor. I'm happy to walk through the agenda. >> Mayor Adler: Okay. >> So three items on consent. The first is approval of the minutes from December 3rd and 10th of 2020. And the second item, on consent is setting a hearing and then public comment regarding the issuance of $22 million for a housing development at 440 Nichols crossing. And then the third item is setting a public hearing to receive public comments on the issuance of $20 million for bonds for development on 1934 rutlin drive. >> Mayor Adler: And items 22 and 3 the hearing for February 18, 2021? >> Correct. >> Mayor Adler: We can handle all of those on consent. A motion to approve the three items on consent? [2:17:10 PM] Council member Kelly makes the motion. Second, council member Ellis. Any discussion on the consent agenda? Those in favor please raise your hand. Those opposed? Unanimous on the dais. And that concludes all of the business I think, with the Austin housing finance corporation. With that I adjourn our meeting here at 2:17