Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Austin advances $30 million from voter-approved housing bond to fund current projects
Summary
The City Council and the Austin Housing Finance Corporation (AHFC) board approved advancing $30 million from the $350 million housing bond approved by voters in November 2022 to finance rental housing development projects this fiscal year.
City staff and the Austin Housing Finance Corporation told the council they will advance $30 million from the voter-approved $350 million housing bond to support current rental housing development projects (Item 17). The council included the AHFC actions on the consent agenda and the AHFC board adopted matching changes to its capital budget and service agreement.
Jamie May, housing and community development officer, briefed the AHFC board that the $350 million GO bond was approved by voters in November 2022 and…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
