Austin Housing Finance Corporation Meeting Transcript – 06/10/2021 Title: City of Austin Channel: 6 - COAUS Recorded On: 6/10/2021 6:00:00 AM Original Air Date: 6/10/2021 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. [Part 1: Speakers portion of Austin Housing Finance Corporation meeting] I'm going to convene at 12:12, June the board meeting of the [12:13:20 PM] Austin housing finance corporation. Meeting is being held virtually. We have a quorum of the directors that are present. Do we have any -- we have one speaker that Staten Island up. Can you please call her. >> Za November I can't Joseph. >> Thank you. >> We heard her say thank you and then we lost her. >> I didn't realize you based it on the number who actually sign up. Otherwise I would have called sooner. I didn't want to be on hold. I figured you'd call me back like you had in the past. >> I just wanted to make a few comments related to Rutland. Candlewood suites. Actually applies to this area too. I want to call your attention specifically to the March 11, [12:14:22 PM] 2020 board book for the Texas department of housing and community affairs. That is where the information as it related to the bus stop was located. So I would just say if you plan to refer to a bus route, it needs to be an actual application and just FYI, mayor, 803 metro rapid is not within a half a mile walking distance from 1934 Sara Rutland. I want to call your attention to section 3 of the housing and urban development information. It specifically talks about financial assistance and to to low income persons. I want to ask you to consider the need to actually use some of the American rescue plan funding for transportation, specifically for the individuals that you're going to place in permanent supportive housing and that amount would be about $5.7 million. You'll talk about that it later. You have 14.6 million in your [12:15:23 PM] contingency. I wanted to call your attention to that. I wanted you to recognize that there was a lack of transparency as it related to the summit goals. The March 23, 2021, work session, the transcript on where councilmember alter said that the summit itself was opaque. And councilmember pool actually mentioned that she didn't know who the convener of the summit was. If the members on council are unfamiliar with what was happening with the summit, we in the public don't know either. I would ask transparently for Diana gray to tell us if Sara Rutland became the priority. I want to call your attention to KXAN. There was a report may 3rd after account ban passed. It actually showed only 50 units for -- Sara Rutland. Now it's 101 out of 171. So I'm just not sure -- >> Speer your time expired. >> Please restore 240 Rutland. [12:16:28 PM] $945,000. >> Mayor: Thank you. Mandy, is everything on consent for -- >> This is Maggie Austin housing finance corporation. We have three items on today's consent agenda. Please note that there are two late backup items. One was the meeting minutes from the June 3rd meeting and the second is a memo related to item number 2. That's $3.2 million from our Austin community builders for affordable units within the grove. Item number 3 is related to a Rutland authorizing us to move forward with the grounding. I offer all on consent. I'm happy to take any questions. >> I was assuming is that we would be doing this after lunch. I still need to review something with respect to the milestone items. So if we can vote later. [12:17:28 PM] We'll get that resolved. I'll appreciate it. >> Mayor: We'll recess the Austin housing finance corporation meeting. Here at 12:17. [Part 2: Action items portion of Austin Housing Finance Corporation meeting] We're going to convene the Austin housing finance corporation meeting here on June 10, 2021. Time is 3:13. A quorum of the board is present. Take us through the consent agenda. >> Absolutely. Austin housing finance corporation. Mayor, we have three items on today's agenda. The first is approving the June 3rd, 2021 meeting minutes of hfc. The second is initial [3:14:04 PM] incentive payment to milestone community builders for the first tranche in affordable housing at the grove. And the third approving the execution of a ground lease with espiro at Rutland. Late backup on items 1 and 2 and I offer these three items on consent. >> Mayor Adler: Is there a motion to approve the consent agenda? Councilmember Renteria makes the motion. Councilmember Ellis seconds. Let's take a vote. All in favor, of the consent agenda, raise your hand. Those? It passes unanimously. I think that's all the business so we can let you go hang out a second. Councilmember kitchen. >> Kitchen: I'm sorry, I have something to ask when you go back into the -- >> Mayor Adler: With that, then, the meeting of the Austin housing finance corporation is adjourned here at 3:14.