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Austin housing finance board adopts 11 consent items including loans for Ada Anderson Place and Verbena Flats
Summary
The Austin Housing Finance Corporation board on April 9 approved 11 consent items on a single motion, authorizing multiple loans and amendments for ownership and rental housing projects across Austin and increasing funds for local voucher administration.
The Austin Housing Finance Corporation board met April 9 at City Hall and, without objection, adopted 11 consent items that authorize loans, a capital contribution, a property conveyance and an amendment to the local housing voucher administration agreement.
Nicole Joslin, housing and community development officer for Austin Housing, presented the consent docket and described the projects and funding sources. "All of these items are offered on consent," Joslin said as she reviewed eleven items that include ownership and multifamily developments in multiple council districts.
The board authorized a loan not to exceed $6,400,000 for an ownership development to be known as Ada Anderson Place (5712 Jackie Robinson Street) and a conveyance of a parcel near Tannehill Lane for the same project;…
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