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Austin Housing Finance Corporation board approves consent amendments to accept $30 million from City of Austin
Summary
The Austin Housing Finance Corporation board adopted on consent two amendments on March 6 to (1) amend the FY24-25 capital budget to accept $30 million from the City of Austin and (2) amend a service agreement to permit spending of that $30 million. A public commenter opposed related Project Connect funding.
The Austin Housing Finance Corporation board on March 6 adopted on consent two related amendments to its FY24-25 budget and service agreement to accept and spend $30 million from the City of Austin, the board heard at a brief meeting at Austin City Hall.
Jamie May, housing and community development officer for the City of Austin, told the board the agenda included two items tied to a consent agenda item the council had just approved: an amendment to the capital budget for fiscal year 2024–25 to…
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