Austin Housing Finance Corporation (AHFC) Transcript – 3/9/2023 Title: ATXN-1 (24hr) Channel: 1 - ATXN-1 Recorded On: 3/9/2023 6:00:00 AM Original Air Date: 3/9/2023 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. [11:45:35 AM] I will now recess the meeting of the Austin city council and call to order the meeting of the board of directors of the Austin housing finance corporation. If [11:46:40 AM] the staff will please walk us through and by the way, I'm calling stored. It's March 9th 2023. I'm calling us to order at 11 46. We have a we have all the members of the board present to present by being virtually counselor Fuentes and council member harper-madison. Please proceed, Mr president board of directors. My name is Jamie may I'm the housing and community development officer with the housing and planning department. I'm here to present your hfc or Austin housing finance corporation agenda for today, you have three M's on your agenda. The first is the approval of the minutes from your February 9th meeting. The second is a loan modification to increase the loan amount to project transitions incorporated for the Burnett place development serving individuals living with HIV AIDS and vulnerable to homelessness. The loan amount will total $6.3 million in support of construction of 61 units affordable at 30, 40 and 50% median family income. Your third item is an approval of an issuance of $40 million in [11:47:40 AM] private activity bonds for the development known as would weigh square. Located at 1700 Terry road. These funds will be used to repair and rehabilitate the property for continued high quality, affordable housing. How do you happen to answer any questions, and I offer all three of those on consent members? Are there any questions of staff? The president tends to take up the consent agenda. My let me ask. Are there any items that members of the border directors wishes to pull from the consent agenda? Seeing none. Are there any speakers? There are no speakers. Are there any, is there any desire by any member of the board of directors to be shown as abstaining or recusing themselves would like to vote? No. On both. So you're voting no . On hsc two in age 53 is correct. Yes, I will vote in favor of approving the minutes will be shown voting no. On those two items. Members is [11:48:45 AM] there. Are there any other desires to be shown abstaining? Recusing or voting? No. In that case. Is there any objection to the adoption of the consent agenda? H F C one, hfc two and ages fc three. Hearing none of those items are adopted with board member Kelly being shown voting no on items to an item number three. Members without objection. We will adjourn the meeting of the Austin housing finance corporation.