City of Austin City Council met June 1.
Here are the minutes provided by the council:
The Board of Directors of the Austin Housing Finance Corporation (AHFC) was convened on Thursday, June 8, 2023, in the Council Chambers of City Hall, 301 W. Second Street, Austin, TX. The following were the AHFC items considered by the Austin Housing Finance Corporation's Board of Directors.
President Watson called the meeting to order at 11:39 a.m. Director Pool was absent.
CONSENT AGENDA
The following items were acted on by one motion.
AHFC1. Authorize negotiation and execution of a 12-month contract with Austin Area Urban League, Meals on Wheels and More, Inc., and Rebuilding Together Austin to fund and administer the Minor Home Repair Program, in an amount not to exceed $1,000,000, for a total contract amount not to exceed $3,000,000.
The motion authorizing negotiation and execution of a 12-month contract with Austin Area Urban League, Meals on Wheels and More, Inc., and Rebuilding Together Austin was approved on consent on Director Ryan Alter’s motion, Council Director Qadri’s second on a 10-0 vote. Director Pool was absent.
AHFC2. Authorize negotiation and execution of a loan agreement and related documents with Seabrook Square Housing I, LP, or an affiliated entity, in an amount not to exceed $13,516,414 for a multifamily rental development to be known as Seabrook Square located at or near 3511-3515 Manor Road, Austin, Texas 78723. District(s) Affected: District 1.
The motion authorizing negotiation and execution of a loan agreement and related documents with Seabrook Square Housing I, LP, or an affiliated entity was approved on consent on Director Ryan Alter’s motion, Council Director Qadri’s second on a 9-1 vote.
Director Kelly voted nay. Director Pool was absent.
President Watson adjourned the meeting at 11:44 a.m. without objection.
https://services.austintexas.gov/edims/document.cfm?id=411230