Austin's $112M+ Housing Budget Approved
- Austin's Housing Finance Corporation approved over $112 million for housing initiatives.
- This includes a $37.7 million operating budget and a $75 million capital budget for Fiscal Year 2024.
- These housing budgets are companion pieces to the recently adopted main City of Austin budget.
- All agenda items were passed unanimously and quickly in a brief meeting.
Full Transcript
Austin Housing Finance Corporation (AHFC) Transcript – 8/16/2023
Title: ATXN-1 (24hr) Channel: 1 - ATXN-1 Recorded On: 8/16/2023 6:00:00 AM Original Air Date: 8/16/2023 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. [3:18:20 PM]
Okay all right. With without objection, we will recess the meeting of the Austin city council at two at 3:19 P.M. I will now call to order the Austin housing finance corporation board of directors meeting, and I'll recognize staff to talk to us. >> Mandy Dimeo, Austin housing finance corporation. You have
[3:19:21 PM]
two items on today's agenda that I offer on consent. >> I'll note that they are companion pieces to the city of Austin budget just adopted. First is a resolution adopting the hfc operating budget for approximately $37.7 million and item number two is adopting the fccps capital budget for fiscal year 24. >> In the amount of $75 million was happy to take any questions. Offer those on consent. >> Does anybody have any questions? It's my understanding we have a speaker for mayor. >> We do have one speaker. I don't believe she's here, but Zenobia Joseph for item. One >> Ms. Joseph. All right. In that case, these items have been offered to us on consent. Is there any comment that anybody wants to make about the consent agenda? Anyone wishing to be shown abstaining, recusing themselves, or anyone wishing to
[3:20:22 PM]
be shown voting? No? I'll entertain a motion to adopt the consent agenda as read. Councilmember harper-madison moves and it's seconded by councilmember Velasquez that we adopt the consent agenda as read . Is there any objection? Hearing no objection. The consent agenda is adopted and we're going to finish early enough for you to go to your birthday dinner. >> Why, thank you. >> I appreciate it. >> That's the whole reason we've been moving fast is your birthday. >> I appreciate happy birthday to you. >> And thank you for your work members there being no other business to come before the Austin housing finance corporation board of directors without objection, we will adjourn the meeting of the board of directors at 3:21 P.M.