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Austin Housing Public Facility Corporation approves inducement resolution authorizing private activity bonds for Manifold Development at 304 East Third Street
Summary
The Austin Housing Public Facility Corporation board unanimously adopted an inducement resolution on Feb. 13, 2025, authorizing allocation of private activity bonds to Manifold Development for Block 32 at 304 East Third Street; staff said the bonds will be repaid by the developer and carry no fiscal impact for the corporation.
The Austin Housing Public Facility Corporation board of directors approved an inducement resolution authorizing the allocation of private activity bonds to Manifold Development to finance Block 32 at 304 East Third Street during a brief meeting at 10:52 a.m. on Feb. 13, 2025, in City Council Chambers.
City housing staff said the financing carries no fiscal impact for…
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