Here's a summary of what the Austin Housing Finance Corporation (AHFC) Board of Directors did at their August 12, 2026 meeting:
Here's a summary of what the Austin Housing Finance Corporation (AHFC) Board of Directors did at their August 12, 2026 meeting:
Approved Major Operating Budget:
The Board adopted a grant operating budget of nearly $42 million for AHFC and an additional $1.7 million for the Housing Assistance Fund for the upcoming fiscal year (FY 26-27). This money will fund the day-to-day operations and various housing programs.Approved Capital Budget for Housing Projects:
A separate capital budget of over $48.5 million was approved for FY 26-27. This funding is dedicated to significant housing development projects.Authorized Management of City Housing Programs:
The Board approved an agreement for AHFC to manage and operate various housing programs on behalf of the City of Austin for FY 26-27, with a budget not to exceed $90.5 million. This ensures the continued operation of important housing services for residents.All Items Passed Unanimously:
All three items were approved together as part of a "consent agenda" without any public speakers, discussion, or objection from the board members, indicating quick and unanimous support.
Full Transcript
Austin Housing Finance Corporation (AHFC) Meeting Transcript – 8/12/2026
Title: ATXN-1 (24hr) Channel: 1 - ATXN-1 Recorded On: 8/12/2026 6:00:00AM Original Air Date: 8/12/2026 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.
[5:11:54 PM]
I will now call to order the board of directors meeting of the Austin housing finance corporation. It is 512 on August 12th, 2026. We are meeting in the Austin city council chambers, which are located at 301 west second street in Austin, Texas. And we have all of the members of the board of the Austin housing finance corporation present, and we will turn to staff. >> Good afternoon. >> Yeah, whatever. >> It'll be over soon, right? >> You promise me. >> It's up to y'all. I'm Nicole Jocelyn. I'm the housing community development officer for the Austin housing finance corporation, Austin housing. I am here to present our agenda for the board meeting today. We have three items on consent. The first item is a resolution adopting the Austin housing finance corporation grant
[5:12:54 PM]
operating budget for fy 2627 and the amount of $41 million, $972,483 and the Austin housing or the housing assistance fund budget for fiscal year 2627 and the amount of $1.7 million authorizing the. This authorizes the development of program guidelines for the named housing programs for fy 2627 and establish administrative approval limits for the general manager. Item number two is approving resolution adopting the hfc capital budget for fy 2627 in the amount of $48,534,000. Authorizing the development of program guidelines and establishing administrative approval limits for the general manager. And item three is authorizing the negotiation and execution of a one service agreement with the city of Austin to manage and operate
[5:13:54 PM]
various housing programs on the city of Austin's behalf during fiscal year 2627, in an amount not to exceed $90 million, 506 $483. >> Does anybody have any questions of staff? Before I call on speakers? Very well. I'll turn to the city clerk. >> There are no speakers, mayor members. >> There are no speakers to speak at the board of directors meeting of the Austin housing finance corporation. So I'll entertain a motion to approve items one, two and three as a consent. It's made by board member Siegel, seconded by board member Ellis. Is there any discussion with regard to the consent agenda as it was read? Hearing none, without objection, the consent agenda is adopted. Thank you very much. Thank you. Did your part. That being said, there being no further business to come before the board of directors of the Austin housing finance corporation at this meeting on August 12th, 2026. Without
[5:14:55 PM]
objection, the board of directors meeting is adjourned at 5:15 P.M.