City of Austin Housing Finance Corporation Board of Directors met Nov. 4.
Here are the minutes provided by the board:
The Board of Directors of the Austin Housing Finance Corporation (AHFC) was convened in the Council Chambers of City Hall, 301 W. 2nd Street, Austin, Texas. The following were the AHFC items considered by the Austin Housing Finance Corporation's Board of Directors.
President Adler called the meeting to order at 11:28 a.m.
President Adler recessed the meeting at 11:29 a.m.
President Adler reconvened the meeting at 11:31 a.m.
President Adler recessed the meeting at 11:34 a.m.
President Adler reconvened the meeting at 3:53 p.m.
CONSENT AGENDA
AHFC1. Approve the meeting minutes of the October 21, 2021 board meeting of the Austin Housing Finance Corporation.
The motion to approve the minutes of the October 21, 2021 board meeting was approved on consent on Director Ellis’ motion, Director Member Renteria’s second on a 10-0 vote. Director Fuentes was off the dais.
AHFC2. Authorize negotiation and execution of an 11-month contract with the Austin Area Urban League to fund and administer the Minor Home Repair Program, in an amount not to exceed $900,000, with an option for a 12-month extension, in an amount not to exceed $900,000, for a total contract amount not to exceed $1,800,000.
The motion authorizing the negotiation and execution of an 11-month contract with the Austin Area Urban League was approved on consent on Director Ellis’ motion, Director Member Renteria’s second on a 10-0 vote. Director Fuentes was off the dais.
AHFC3. Authorize negotiation and execution of all documents and instruments necessary or desirable to acquire approximately 2.798 acres for affordable housing purposes, located at or near Gardner Road and Levander Loop, in an amount not to exceed $550,000, including closing costs (District 3). District(s) Affected: District 3.
The motion authorizing the negotiation and execution of all documents and instruments necessary or desirable to acquire approximately 2.798 acres was approved on consent on Director Ellis’ motion, Director Member Renteria’s second on a 10-0 vote. Director Fuentes was off the dais.
President Adler adjourned the meeting at 3:55 p.m. without objection.
https://www.austintexas.gov/edims/document.cfm?id=372017