Austin Funds $3.5M for Sunday Village Housing
Here's a summary of the Austin Housing Finance Corporation agenda:
- The Austin Housing Finance Corporation (AHFC) will hold a meeting focused on a single, significant funding decision.
- Board members will consider approving a loan agreement of up to $3.5 million to National Church Residences for the Sunday Village development.
- This funding aims to provide permanent debt for the housing project, located near 1026 Clayton Lane, supporting local housing initiatives.
Full Transcript
Austin Housing Finance Corporation (AHFC) Meeting Transcript – 3/26/2026
Title: ATXN-1 (24hr) Channel: 1 - ATXN-1 Recorded On: 3/26/2026 6:00:00AM Original Air Date: 3/26/2026 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.
[1:10:22 PM]
It’s 110 on March 26th, 2026, and I will call back to. Well, no, I will not. Instead of calling back immediately to order the Austin city council menu, I get into a routine, don't I? And what I'll do is I will call to order the board of directors meeting of the Austin housing finance corporation. We have one agenda item on the board of directors meeting of the Austin housing finance corporation. As I indicated, it's March 26 at 110. We are meeting as a board of directors in the Austin city council chambers, located in Austin city hall, which is at 301 west second street in Austin, Texas. And we have a quorum of the board available. So I'll turn to our professional staff. >> All right. >> Good afternoon everyone. I am Nicole Jocelyn. I'm the housing and community development officer for Austin housing, and I'm here this afternoon to present the agenda for the Austin housing finance
[1:11:23 PM]
corporation's board meeting. We have one item on this agenda today, and it's offered on consent. The item is a loan for to the national church residences in the amount of $3.5 million for Sunday village, which is formerly known as Arbors at creekside. This project is also a public partnership with Austin housing finance corporation. It's a senior property with 176 units. It has 3,540% median family income units and 8,850% median family income units. And it's in district four. And we have a representative from ncr here today to answer any questions. >> Thank you. Members. I'll first turn to you all and see if anybody has any questions for anybody. All right. Seeing none. Is there anybody signed up to speak? >> We had one speaker, but they are not online. >> Okay. All right. Very good. Then what I will do is I will
[1:12:23 PM]
entertain a motion with regard to the item that's on the consent agenda. Motion is made by board member Siegel, seconded by board member qadri. The motion is to adopt the item. Is there discussion? Hearing none, without objection, the motion is adopted with board members. Harper-madison. The mayor pro tem. Board member. Fuentes off the off the dais or absent until we get them back and hopefully they'll be back before we take this vote. Council member Laine or board member Laine is participating remotely and is on the screen. Without objection, it is adopted with those people absent from the board meeting there being no further business to come before the board of directors of the Austin housing finance corporation at this board meeting. Without objection, we are adjourned at 1:13 P.M.