Austin $35M Housing Program Boost
- The Austin Housing Finance Corporation approved a service agreement worth nearly $35 million.
- This significant funding is dedicated to operating Austin's various housing programs.
- The decision provides crucial financial support for ongoing local housing initiatives.
Full Transcript
Austin Housing Finance Corporation (AHFC) Meeting Transcript - 09/15/2022
Title: ATXN-1 (24hr) Channel: 6 - ATXN-1 Recorded On: 9/15/2022 6:00:00 AM Original Air Date: 9/15/2022 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.
I'm going to convene at 1:04 here on September 15th, 2022, the Austin housing finance corporation meeting. We're in city council chambers. The board of directors is present. How many items do we have on the agenda today? >> One item on the agenda, Mandy Demayo, Austin housing finance corporation, a companion piece to item 23 that you just passed on the consent agenda agenda for city council, and this is authorizing us to move forward with execution of our service agreement between the city and ahfc for nearly $35 million to operate our housing program. >> Mayor Adler: Thank you. Is there a motion to approve item 1? Councilmember pool makes a motion. Councilmember harper-madison seconds that. Any discussion? Actually, director pool and director harper-madison. No discussion, let's take a
[1:05:58 PM]
vote. Those in favor, please raise your hand. Those opposed? Unanimous among the directors, except for director Kelly, who is voting no. And Pio is absent. So 9-1-1, passes. We're going to adjourn the Austin housing finance corporation meeting here at 1:06.