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AND I AM GOING TO CONVENE THE, UH, AUSTIN HOUSING FINANCE CORPORATION MEETING HERE ON THURSDAY, NOVEMBER 18TH, 2021.WE HAVE, UH, THE BOARD OF DIRECTORS ALL PRESENT.
[Consent ]
CAN MOVE FORWARD WITH OUR AGENDA.DO YOU WANT TO TAKE US THROUGH THE CONSENT AGENDA? ABSOLUTELY.
UH, MAYOR, PLEASE NOTE THAT WE HAVE LATE BACKUP AS MENTIONED EARLIER.
THAT'S FOR ITEM TWO, THERE'S A WITHDRAWAL, UM, MEMO.
WE ARE WITHDRAWING ITEM TWO AND REPLACING IT.
NUMBER EIGHT, UH, AGENDA ITEM NUMBER EIGHT, AGENDA NIGHT ITEM NUMBER ONE IS WITH THE FORMATION OF A NEW, UH, SUBSIDIARY NONPROFIT CORPORATION, HFC MAINER NONPROFIT CORPORATION ITEM NUMBER TWO, AS NOTED HAS BEEN WITHDRAWN AND REPLACED WITH ITEM NUMBER EIGHT.
ITEM NUMBER THREE IS AUTHORIZING STAFF TO MOVE FORWARD WITH A LOAN AGREEMENT WITH GUADALUPE NEIGHBORHOOD DEVELOPMENT CORPORATION.
FOR $2.133 MILLION LOAN FOR A SENIOR HOUSING DEVELOPMENT KNOWN AS LAVISTA.
THEY LOPEZ ITEM NUMBER FOUR IS AUTHORIZING US TO MOVE FORWARD WITH THE LOAN AGREEMENT WITH GMDC FOR A $2.4 MILLION LOAN FOR 51 HOME-OWNERSHIP UNITS, ONE TO FOUR BEDROOM UNITS, ITEM NUMBER FIVE IS A LOAN AGREEMENT WITH HABITAT FOR HUMANITY OR $4.67 MILLION LOAN FOR 126 IN THAT SUBDIVISION CONSISTING OF TWO AND THREE BEDROOM HOMES.
UM, AND THAT IS TO BE KNOWN AS
NUMBER SIX IS AUTHORIZING STAFF TO MOVE FORWARD WITH A LOAN AGREEMENT WITH SUMMER STREET DEVELOPMENT.
THIS IS FOR A 74 UNIT HOMEOWNERSHIP, UM, UH, DEVELOPMENT WITH 28 UNITS BELOW 80% MEDIAN FAMILY INCOME ITEM.
NUMBER SEVEN IS A LOAN AGREEMENT WITH WEST CAPE WEST GATE MOW MARK.
AND THIS IS 4 58 HOME-OWNERSHIP UNITS BELOW 80% NEW FAMILY INCOME AND ITEM NUMBER EIGHT, UH, WHICH IS LATE.
UM, IT'S AN A ON THE ADDENDUM IS A LOAN AGREEMENT WITH RG GTP, UH, REAL ESTATE.
AND THIS IS FOR $2.85 MILLION.
THIS IS 4 34 UNITS ACQUISITION AND REHABILITATION OF A PROJECT THAT WILL BE A HUNDRED PERCENT CONTINUUM OF CARE FOR PEOPLE EXPERIENCING HOMELESSNESS.
I ALSO HAVE ALL OF THESE ITEMS ON CONSENT AND I AM HAPPY TO TAKE HIM THROUGH MR. MAYOR.
UH, THE CONSENT AGENDA IS A ITEMS ONE THROUGH EIGHT ITEM.
NUMBER TWO HAS BEEN WITHDRAWN AND REPLACED WITH ITEM NUMBER EIGHT IN BACKUP.
THERE'S A MEMO THAT SPEAKS TO THAT.
UM, IS THERE A MOTION TO APPROVE THE CONSENT AGENDA DIRECTOR? RENTER RHEA MAKES THE MOTION, UH, DIRECTOR ALICE SECONDS THAT MOTION, THAT MOTION.
COUNCIL MEMBER READ DIARRHEA THEN COUNCIL MEMBER, BECAUSE I WANT TO MAKE A COMMENT AND I WANT TO EXPRESS MY SEVERE SINCERE THANKS TO THE LOPEZ FAMILY.
UH, THIS HOUSE WHEN, UH, UH, WAS, UM, WHEN MRS. LOPEZ SENIOR, THE OLDEST, UH, THEY PASSED AWAY.
UH, THEY DECIDED THAT THEY WANTED TO DONATE THAT TO AND KEEP IT AS AN AFFORDABLE UNIT AND THEY DONATED IT TO WILD LOOP ENABLED CORPORATION, WHICH IS, UH, YOU KNOW, IT'S UNHEARD OF IN THIS CITY OF WHERE PEOPLE ACTUALLY, YOU KNOW, LAND BACK THEIR, THEIR PROPERTY TO A NONPROFIT.
AND, UH, I JUST WANNA SAY THANK YOU BECAUSE I KNOW IN YOUR HEART YOU WANT, IF MANY OF THE, OF THE, UH, RESIDENTS THAT GREW UP IN ONE NEIGHBORHOOD TO BE ABLE TO AFFORD TO LIVE IN THEIR NEIGHBORHOODS.
SO I JUST WANT TO SAY THANK YOU TO THE FAMILY.
I DO WANT TO THANK THE TEAM FOR WORKING ON REDFIELD 34, WHICH IS ON OUR AGENDA FOR TODAY.
IT IS A 34 MORE PERMANENT SUPPORTIVE HOUSING UNITS IN DISTRICT FOUR, UM, AND, AND COMBINED WITH WHAT WE WERE ABLE TO DO AT THE COUNTRY AND IN SUITES AND WITH KARA TOSS ON RUTLAND.
UM, IT'S JUST, UH, IT'S JUST GREAT TO BE ABLE TO BRING SO MUCH PERMANENT SUPPORTIVE HOUSING TO DISTRICT FOUR.
AND I THINK IT HAS JUST CLEARLY MAKES SUCH A BIG DIFFERENCE.
UM, OVER, OVER TIME, I DID, WE HAD A PRESS EVENT EARLIER, UM, OVER AT INTEGRAL CARES SITE WHERE WE HAD SOME NUMBERS AND I THOUGHT IT'D BE USEFUL TO SHOW THEM HERE TODAY.
AND THE FOLKS AT CTM HAVE THEM, BUT IN OUR, UH, IN OUR FIRST TWO YEARS ON COUNCIL, AND I DON'T KNOW IF Y'ALL CAN PULL THOSE UP ON OUR FIRST TWO YEARS AS A TEN ONE COUNCIL, WE WERE ABLE
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TO APPROVE 35 UNITS OF PERMANENT SUPPORTIVE HOUSING.UM, AND WITH THE APPROVAL OF SO MANY HERE IN THE LAST TWO YEARS, AND WITH REDFIELD 34 TODAY, WE CROSS 800 IN THE LAST TWO YEARS.
AND I THINK THAT JUST GOES TO SHOW THE REAL DEDICATED WORK IN THE COMMUNITY AND OF OUR HOUSING PROVIDERS OF OUR CITY STAFF AND BRINGING IN, UH, DIANA GRAY AS HOMELESS STRATEGY OFFICER.
AND OF COURSE OF THIS COUNCIL HAVING SET THIS AS A TOP PRIORITY.
AND SO I KNOW THAT IT IS, UH, UH, HARD EVERY DAY TO SEE FOLKS SLEEPING ON THE STREET.
NOBODY SHOULD BE SLEEPING UNDER A BRIDGE, BUT THIS SHIFT, UM, GOES TO SHOW THAT WE, I THINK AS AN ENTIRE COUNCIL AND AS AN ENTIRE DIOCESE ARE DOING SOMETHING VERY DIFFERENTLY, YOU KNOW, 35 UNITS IN THE FIRST TWO YEARS AND OVER 800 VOTED ON AN IMPROVED IN THE LAST TWO YEARS.
I THINK IT'S JUST A TESTAMENT TO THIS WORK.
AND IT TAKES A LITTLE TIME FOR THESE TO GET ON THE GROUND.
THIS ONE WILL ACTUALLY BE SERVING PEOPLE EXTREMELY SOON BECAUSE IT'S A REMODEL, BUT THIS IS WHAT IT'S GOING TO TAKE TO DRASTICALLY REDUCE HOMELESSNESS IN THE CITY AS THIS KIND OF SHIFT THAT WE'VE MADE AS IT DIES.
SORRY, WOULD YOU POST THAT CHART TO THE MESSAGE BOARD PLEASE, SO THAT WE HAVE ACCESS TO THE PUBLIC AS ACCESS WE'LL DO.
AND THEN ALSO WANTED TO ALSO THANK THE LOPEZ FAMILY AND, UH, GMDC AND THE COUNCIL FOR THE WORK ON FOR AFFORDABILITY AND LOCKED ALSO REALLY ALLOWS THE SENIOR HOUSING TO BE ABLE TO EXIST AT THIS LOCATION.
SO AGAIN, THANK YOU TO EVERYBODY WHO'S WORKED ON SUCH A GREAT PROJECT.
YEAH, I THINK I HOPE THAT WE HAVE AN OPPORTUNITY TO TALK A LITTLE BIT MORE ABOUT THAT CHART AT SOME POINT, BECAUSE IT, IT DOES IT, I AM CONCERNED THAT IT DOES NOT REALLY REFLECT THE FULL RANGE OF HOUSING INVESTMENTS THAT WE'VE MADE THROUGH ALL OF OUR DIFFERENT PROGRAMS. AND SO WHILE I'M SUPER EXCITED AND HAVE, YOU KNOW, HELPED, UH, LEAD AND SUPPORT THE DRIVE TO, TO INCREASED INVESTMENTS, I ALSO WANT TO BE SURE THAT WE'RE, WE'RE VERY CLEARLY REFLECTING, UM, THE WAY IN WHICH WE HAVE BEEN ABLE TO ESCALATE OUR INVESTMENTS.
UM, BUT THAT, BUT THAT PERMANENT SUPPORTIVE HOUSING INVESTING IN, IN OUR COMMUNITY ORGANIZATIONS THAT PROVIDE HOUSING, INVESTING OUR BOND DOLLARS HAS BEEN PART OF PART OF THE PROGRAM FOR A LONG WHILE.
AND I, I REALLY FEEL THAT THAT CHART IS THAT CHART WITHOUT MORE CONTEXT AND WITHOUT THE FULLER RANGE OF HOUSING INVESTMENTS ALONGSIDE IT, UM, SORT OF SUGGESTS THAT WE WERE, IT IS, IT IS A, A VERY SMALL SECTION OF THE, OF THE FULL PICTURE.
AND I'M NOT SURE THAT IT REALLY FULLY IS.
I'M NOT SURE THAT IT REALLY HELPS ENHANCE THE DIALOGUE.
UM, I JUST WANT TO SAY THANK YOU, COUNCIL MEMBER CASARA FOR BRINGING FORWARD THE CHART, BECAUSE I OFTEN FIND THAT, UM, YOU KNOW, PEOPLE, THE AVERAGE AUSTIN, I DON'T KNOW WHAT THE CITY OF AUSTIN IS DOING TO ACTIVELY ADDRESS.
AND TO BE ABLE TO SAY, WE HAVE ADDED 800 UNITS OF PERMANENT SUPPORTIVE HOUSING, UM, IS INCREDIBLE.
AND THAT'S THE TYPE OF STORIES WE NEED TO BE SHARING WITH OUR COMMUNITY AND, AND REALLY TAKING THE TIME TO SAY, THIS IS WHERE OUR TAXPAYER DOLLARS ARE GOING TOWARD, AND THIS IS HOW WE'RE ACTIVELY ADDRESSING AFFORDABILITY.
SO HAVING THIS EXAMPLE TODAY, UM, IS SUPER BENEFICIAL.
AND I JUST WANT TO APPRECIATE YOUR LEADERSHIP ON THAT.
AND I, OF COURSE IT DOES NOT TELL THE FULL STORY IN THE WAY THAT A FULL PAPER WOULD.
UM, BUT PERMANENT SUPPORTIVE HOUSING THAT IS HOUSING WITH SERVICES BEING VOTED FOR AND BEING PUT ON THE GROUND HAS ALWAYS BEEN SO HARD TO DO.
UM, AND I DIDN'T WANT TO LIST YEARS WHEN I WASN'T ON COUNCIL OUR FIRST FEW YEARS, IT TAKE, IT TOOK PLANNING AND INVESTMENT AND WORK THROUGHOUT ALL THOSE YEARS TO BE ABLE TO GET US TO THIS POINT.
UM, AND I KNOW THAT WILL ONLY GROW BECAUSE OF THE, UH, AMERICAN RESCUE PLAN INVESTMENTS, EVEN BEYOND THAT 800.
AND OF COURSE THERE IS LARGER STORY ASSOCIATED WITH IT, BUT I THINK IT'S IMPORTANT, YOU KNOW, THE STATUS STRAIGHT FROM THE HOUSING DEPARTMENT TO SHOW THAT THE VERY SIGNIFICANT CHANGE IN THE LAST FEW YEARS.
MOOD IN SECOND, DID THE CONSENT AGENDA ON AUSTIN HOUSING, FINANCE CORPORATION, THOSE IN FAVOR, PLEASE RAISE YOUR HAND.
THOSE OPPOSED, UH, MAYOR PRO TEM, YOU VOTING YES.
ON THIS WITH THE REST OF THE DAY S GOT IT, UH, UNANIMOUS BY THE DIRECTORS, UH, THE CONSENT AGENDA ITEM PASSES WITH THAT.
I ADJOURN THE MEETING OF THE AUSTIN HOUSING FINANCE CORPORATION.