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Escuela Nueva 114-Unit Housing Approved

Thursday, May 30, 2024 Austin Housing Public Facility Corporation (AHPFC) Board of Directors Regular Meeting
  • Greenlit funding for "Escuela Nueva," a new 114-unit affordable housing complex in District 3.
  • Secured financing to advance this multifamily development.
  • Guadalupe Neighborhood Development Corporation will build the project.

Full Transcript

Austin Housing Public Facility Corporation (AHPFC) Transcript – 5/30/2023 Title: ATXN-1 (24hr) Channel: 1 - ATXN-1 Recorded On: 5/30/2023 6:00:00 AM Original Air Date: 5/30/2023 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. [2:12:14 PM] I will now call to order the meeting of the Austin housing public facility corporation board of directors at 2:12 P.M. And recognize staff. >> Thank you. Mandi Demayo, Austin housing public facility corporation. We have two items on the agenda. First item is approval of the minutes from April 4th and April 18th, 2024. And the second item is authorizing the issuance of a hpfc, private activity bonds, multifamily revenue bonds for the development of a 114 unit, multifamily project to be developed by Guadalupe neighborhood development corporation and district three, known as escuela nueva and this is related to item 90 on the city council agenda, which we will take up next. >> Any any questions of staff? Is there anyone signed up to [2:13:15 PM] Is there anyone signed up to speak on this item? >> No. Mayor >> Great. Thank you, members. There's no one signed up to speak on item number two or item number one, so I'll entertain a motion to approve items one and two as part of a consent agenda. Councilmember Velasquez, seconded by the mayor pro tem, is there, councilmember Allison alter, were you seconding it, or do you want to talk? Okay, good. Thank you. Motion has been made and seconded to adopt items one and two on hfp. A PFC one and two. Is there any objection? Without objection, those items are adopted. Those are all the matters to come before the board of directors. Without objection, on a hpfc board of directors. Meeting is adjourned at 2:13 P.M.