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Millions for Austin Affordable Housing

Thursday, June 1, 2023 Austin Housing Public Facility Corporation (AHPFC) Board of Directors Regular Meeting
  • $45 Million Bond Approved:

    A significant $45 million in private activity bonds was approved to fund a local housing project.
  • "The Rebecca" Housing Project:

    This funding is specifically allocated for "the Rebecca" housing development, located at 1320 Art Dilley Drive (the AGC building).
  • Swift Approval:

    All agenda items, including the bond issuance and previous meeting minutes, were passed quickly and unanimously through a consent agenda.

Full Transcript

Austin Housing Public Facility Corporation (AHPFC) Transcript – 6/1/2023 Title: ATXN-1 (24hr) Channel: 1 - ATXN-1 Recorded On: 6/1/2023 6:00:00 AM Original Air Date: 6/1/2023 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. [11:24:59 AM] We will now. I will now call to order the board of directors [11:26:01 AM] of the Austin housing public facility corporation. And I'll recognize staff. Good morning, Mr. President. Madam vice president, board of directors. My name is Jamie may. I'm the housing and community development officer with the housing department. And before you on your agenda, you have two items. First is to approve the meeting minutes from your last two meetings, and the second is to approve a resolution for the issuance of $45 million in private activity bonds for the Rebecca located at 1320 art Dilley drive this is the agc building. Any questions of staff members? The chair intends to take up items one and two as part of a consent agenda. Is there anything that a member would like to take off of the consent agenda? Is there a motion to adopt the consent agenda? Motion is made by board member Vella, seconded by board member Velasquez. Is there anyone wishing to be shown abstaining from either of the items on the agenda? Is there anyone wishing to be shown as [11:27:03 AM] recusing themselves on either of the items on the consent agenda ? Is there any member wishing to be shown voting no on either of the items on the consent agenda ? Is there any objection to the adoption of the consent agenda hearing none. The consent agenda is adopted without objection. Is there any objection to adjourning the meeting of the Austin housing public facility corporation hearing none. The board of directors meeting of the Austin housing public facility corporation is adjourned and I call back to order for the regular meeting of the Austin city council.