info-title

info-description

Items 1 - 10

Consent

1. Approve the minutes of the March 23, 2017 and August 3, 2017 Board meeting of the Austin Housing Finance Corporation

2. Approve an inducement resolution for private activity bond financing to be submitted to the Texas Bond Review Board for an allocation of up to $20,000,000 in private activity volume cap multi-family non-recourse bonds, by Austin DMA Housing III, LLC, or an affiliated entity, for a proposed affordable multi-family development for seniors to be known as The Nightingale and located at 5900 Charles Merle Drive in the Goodnight Ranch Planned Unit Development. (District 2)

3. Set a public hearing to receive public comment regarding the issuance of up to $50,000,000 dollars of Multi-family Housing Revenue Bonds to be issued by the Austin Housing Finance Corporation to finance the rehabilitation of the senior housing units in the Rebekah Baines Johnson Center and the development of additional new affordable senior housing at the site, located at 21 Waller Street, by the Austin Geriatric Center, Inc., or an affiliated entity. (District 3) (Suggested date and time: October 19, 2017 beginning at 10:30 a.m. at Austin City Hall, 301 W. Second Street, Austin, TX)

4. Approve an inducement resolution for private activity bond financing to be submitted to the Texas Bond Review Board for an allocation of up to $50,000,000 in private activity volume cap multi-family non-recourse bonds, by the Austin Geriatric Center, Inc., or an affiliated entity, for the rehabilitation of the senior housing units in the Rebekah Baines Johnson Center and the development of additional new affordable senior housing at the site, located at 21 Waller Street. (District 3)

5. Set a public hearing to receive public comment regarding the issuance of up to $13,000,000 of Multi-family Housing Revenue Bonds to be issued by the Austin Housing Finance Corporation to finance the development of the Housing First Oak Springs Apartments by Housing First Oak Springs, LP, or an affiliated entity, for a proposed affordable multi-family development to be located at 3000 Oak Springs Drive. (District 1) (Suggested date and time: 10:30 a.m., Thursday, October 19, 2017, Austin City Hall, 301 W. 2nd Street, Austin, Texas 78701)

6. Set a public hearing to receive public comment regarding the issuance of up to $20,000,000 of Multi-family Housing Revenue Bonds to be issued by the Austin Housing Finance Corporation to finance the development by Austin DMA Housing III, LLC, or an affiliated entity, for a proposed affordable multi-family development for seniors to be known as The Nightingale and located at 5900 Charles Merle Drive in the Goodnight Ranch Planned Unit Development. (District 2) (Suggested date and time: October 19, 2017 beginning at 10:30 a.m. at Austin City Hall, 301 W. Second Street, Austin, TX)

7. Authorize the negotiation and execution of a one-year contract with the AUSTIN AREA URBAN LEAGUE to fund and administer the Emergency Home Repair Program in an amount not to exceed $1,000,000 with one 12 month extension option in am amount not to exceed $1,000,000 for at total contract amount not to exceed $2,000,000.

8. Authorize the negotiation and execution of a one-year contract with the HOUSING AUTHORITY OF THE CITY OF AUSTIN to fund and administer the Tenant-Based Rental Assistance Program which provides housing subsidies to homeless families in an amount not to exceed $527,000 with one 12-month extension option in amount not to exceed $527,000 for a total contract amount not to exceed $1,054,000.

9. Authorize negotiation and execution of a one-year service agreement with the City under which the Austin Housing Finance Corporation will manage and operate various housing programs on the City’s behalf during Fiscal Year 2017-2018 to be funded by the United States Department of Housing and Urban Development and local housing funds in an amount not to exceed $17,782,983.

10. Authorize negotiation and execution of 12-month contracts with each of the following seven non-profit agencies: AMERICAN YOUTHWORKS, AUSTIN AREA URBAN LEAGUE, INC., AUSTIN HABITAT FOR HUMANITY, INC., EASTER SEALS–CENTRAL TEXAS, INC., INTERFAITH ACTION OF CENTRAL TEXAS, MEALS ON WHEELS AND MORE, INC., and REBUILDING AUSTIN TOGETHER for repair of homes eligible through the G.O. Repair! program for a combined total amount not to exceed $2,500,000.
Social Sharing



Share Video Link via Email