City of Austin Housing Finance Corporation Board of Directors met Dec. 14.
Here are the minutes provided by the board:
The Board of Directors of the Austin Housing Finance Corporation (AHFC) was convened on Thursday, December 14, 2023, in the Council Chambers of City Hall, 301 W. 2nd Street, Austin, TX. The following were the AI[FC items considered by the Austin Housing Finance Corporation 's Board of Directors.
President Watson called the meeting to order at 10:43 a.m. Director Ryan Alter was absent.
CONSENT AGENDA
The following items were acted on by one motion.
AHFC1. Approve the meeting minutes of the November 9,2023, Board of Directors meeting of the Austin Housing Finance Corporation.
A motion to approve the minutes of the November 9,2023, Board of Directors meeting of the Austin Housing Finance Corporation was approved on consent on Director Pool's motion, Director Ilarper-Madison'§ second on a 10-0 vote. Director Ryan Alter was absent.
AHFC2. Authorize negotiation and execution of a contract with the Iiousing Authority of the City of Austin to fund and administer the Homeless Assistance/Tenant-Based Rental Assistance Program, which provides housing opportunities through subsidies to individuals experiencing homelessness, in an amount not to exceed $1,292,971.
The motion authorizing the negotiation and execution of a contract with the Housing Authority of the City of Austin was approved on Director Pool'§ motion, Director Harper Madison's second on a 9-1 vote. Director Kelly voted nay. Director Ryan Alter was absent.
AHFC3. Authorize negotiation and execution of all documents and instruments necessary or desirable to acquire approximately 0.295 acres (12,842 square feet) for affordable housing purposes, located at or near 312 and 400 East Wonsley Drive, in an amount not to exceed $10,000, including closing costs. District(s) Affected: District 4.
The motion authorizing the negotiation and execution of all documents and instruments necessary or desirable to acquire approximately 0.295 acres (12,842 square feet) for affordable housing purposes, located at or near 312 and 400 East Wonsley Drive was approved on Director Pool's motion, Director Harper-Madison's second on a 10-0 vote. Director Ryan Alter was absent.
President Watson adjourned the meeting at 10:48 a.m. without objection.
The minutes were approved on this the 18th day of January 2024 on Director Alison Alter's motion, Director Ellis' second on an 11-0 vote.
https://services.austintexas.gov/edims/document.cfm?id=422455