Austin Housing Finance Corporation (AHFC) Meeting Transcript – 8/28/2025 Title: ATXN-1 (24hr) Channel: 1 - ATXN-1 Recorded On: 8/28/2025 6:00:00AM Original Air Date: 8/28/2025 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. [11:19:00 AM] I will call to order the meeting of the board of directors of the Austin housing finance corporation on August 28th, 2025 at 11:19 A.M. We have a quorum of the board of directors of the Austin housing finance corporation. We are meeting in city hall in the city council chambers at 301 west second street in Austin, Texas. And I will recognize miss Demayo. >> Good morning, Mandy Demayo Austin housing finance corporation I have four items on today's agenda. The first item is approving the last four meeting minutes for may 8th, may 22nd, June 5th and July 24th. The second item is related to the fourth item. The second item is approving a [11:20:24 AM] second item is approving a ownership in land at 5901 south pleasant valley road. This is for the development to be known as sycamores at pleasant valley it will be in district two. It is 75 units of affordable housing and all of the units will be restricted to 40% and 50% median family income. The third item is authorizing our staff to move forward with a contract with the housing authority of the city of Austin to administer the tenant based rental assistance program. It's approximately $1.4 million a year utilizing our federal home funds. And then the fourth item is a public hearing related to the issuance of $25 million in multifamily revenue bonds for the sycamores at pleasant valley development. >> Thank you. Any questions of staff? All right. What I'm going to do is turn to the clerk and see if anyone has signed up on items one through [11:21:25 AM] signed up on items one through three. First. >> We have no age sb eight, hfc speakers. Period. >> Very good. Well, I'm going to go ahead and open the public hearing on item number four. Unless there's objection. Without objection, we'll open the public hearing on item number four. The public hearing is now open. And for the record, I'll ask you that question with regard to item number four. >> No speakers. >> Very good members. There are no speakers to speak in the public hearing on item number four. So without objection, we'll close the public hearing. And the public hearing is now closed. You've heard the presentation and we have opened and closed the public hearing on item number four. Is there a motion to adopt the consent agenda? Council member Segal moves to adopt the consent agenda. Is there a second second by council member Laine any discussion with regard to the consent agenda hearing? None. Without objection, the consent agenda is adopted and those are items one for the record, items one through four members. There being no further business to come before the Austin housing finance [11:22:25 AM] Austin housing finance corporation board of directors at this meeting of the board of directors. Without objection, we will adjourn the meeting of the board of directors at 11:22 A.M.