Austin Housing Finance Corporation (AHFC) Transcript – 1/18/2024 Title: ATXN-1 (24hr) Channel: 1 - ATXN-1 Recorded On: 1/18/2024 6:00:00 AM Original Air Date: 1/18/2024 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. [10:45:08 AM] I will now call back to order the board of directors meeting of the Austin housing finance corporation. >> Please. Good morning, Mr. President. >> Board of directors, my name is Jamie may. I'm the housing and community development officer for the housing department. On your Austin housing finance corporation agenda today, you have four items. The first is to approve the minutes from the November 30th and the November December 14th meetings. And then the other three. I'd like to go in reverse order, because that makes it a little bit more, understandable. >> I've been trying to get joy harden to do that, but so let's see how it's done. >> Item number four, is to approve a resolution amending our the Austin housing finance corporation capital budget. That is to move an amount of funds, to, to execute a contract for pecan gardens hotel. As you know, that is owned by the city [10:46:08 AM] know, that is owned by the city and not by the housing finance corporation. However, the funds are held by the housing corporation. That's why we need to do that. Amendment this the item number three is, to adopt or to approve the, or accept the $1 million from the budget stabilization reserve fund, as was approved during the budget this year. An amendment by council member Ryan alter. Those funds will be used for our, our local housing voucher program. And then the second item combines those two to amend our fiscal year service agreement. So we are removing $400,000 from our capital budget, adding $1 million to our operating budget. And then the subtotal is a increase of the operating or the service agreement. Of $556,532. >> Thank you. >> Members, do you have any questions of staff with regard to these items? All right. With that being said, I'll entertain. We have somebody signed up to speak. So let me, ask the clerk [10:47:09 AM] speak. So let me, ask the clerk to do that first. Yes, ma'am. >> Sorry. We had one person that signed up to speak. They haven't called in remotely. I just want to see if miss Zenobia Joseph is here to speak. She doesn't appear so, mayor. That's all we had. >> All right, members, we don't have anyone signed up to speak. Council member, are you going to make a motion? Council member I'll recognize. Board member Allison alter I move passage of all items. The, board member alter has moved passage of, the consent agenda. All items. Is there a second? Seconded by councilor, board member Ellis is there any discussion? Any discussion? Anyone wishing to be shown abstaining? Anyone wishing to be shown recusing themselves? Anyone voting no? Without objection, the consent agenda passes and all items are passed. Thank you very much. Without objection, we will adjourn the meeting of the board of directors of the Austin housing finance corporation at 1047 on Thursday, January 18th.