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LET'S DO

[00:00:01]

THE AUSTIN HOUSING FINANCE CORPORATION AGENDA.

I THINK IT'S GONNA BE REALLY QUICK.

AND THEN LET SOME STAFF GO.

I'M GOING TO RECESS THE AUSTIN CITY COUNCIL MEETING HERE AT THREE 33.

UH, TODAY IS, UH, DECEMBER 3RD, 2020, AND I'M GOING TO CONVENE THE AUSTIN HOUSING FINANCE CORPORATION, UM, MEETING.

WE HAVE A QUORUM OF THE DIRECTORS PRESENT.

UH, DECEMBER 3RD, 2020 IS THREE 33.

UH, STAFF.

YOU WANT TO TAKE US THROUGH THE CONSENT AGENDA AND BY THE WAY, THERE IS, UH, UH, LATE FILE BACKUP, UH, ON THE AGENDA TODAY FOR ITEM NUMBER TWO.

YES, MAYOR AND COUNCIL.

THIS IS MANDY MAYO, UH, AUSTIN HOUSING FINANCE CORPORATION.

YOU HAVE TWO ITEMS ON YOUR AGENDA.

THE FIRST ITEM IS APPROVING THE MEETING MINUTES FROM THE LAST HFC MEETING ON NOVEMBER 12TH.

AND THE SECOND ITEM IS A VERY IMPORTANT ITEM, UH, WHICH INCLUDES TO, UH, LATE BACK UP, UM, WHICH I'LL BRIEFLY DISCUSS, BUT THIS IS AUTHORIZING STAFF TO MOVE FORWARD WITH AN AGREEMENT TO ENTER INTO, UM, AND AN AHAB, UM, UH, AGREEMENT TO ENTER INTO AN, UH, HOUSING ASSISTANCE PAYMENT CONTRACT FOR THE ASPERO AT RUTLAND, UM, PERMANENT SUPPORTIVE HOUSING PROJECT OF WHICH WE ARE A PARTNER, THE PACINO GROUP, AND, UH, CARITAS OF AUSTIN, AS YOU ALL KNOW, AT SPARROW AT RUTLAND WILL PROVIDE 171 UNITS OF PERMANENT SUPPORTIVE HOUSING, A HUNDRED.

AND ONE OF THOSE UNITS WILL IN FACT, BE DEDICATED TO, UH, PEOPLE EXPERIENCING CHRONIC HOMELESSNESS COMING THROUGH ECHO'S COORDINATED ENTRY SYSTEM.

WE ARE VERY EXCITED ABOUT THIS PROJECT.

UM, THE SCHEDULE FOLLOWS AS WE ANTICIPATE, WE SHOULD SEE GROUNDBREAKING SOMETIME IN SUMMER OF 2021, UH, WITH LISA AND LATE 2022, UM, THIS WILL OF COURSE PROVIDE THAT'S ITEM.

NUMBER TWO IS RISING, UH, LAUNCH OF THE INAUGURAL PROGRAM OF OUR LOCAL HOUSING VOUCHER.

SO THIS WILL PROVIDE AN ONGOING ANNUAL OPERATING SUBSIDY, UM, OR THIS PROJECT, THE ANNUAL AMOUNT IS $650,000.

WE HAVE A THREE-YEAR CONTRACT FOR A TOTAL OF 1.9, 5 MILLION, AND, UH, WE WILL BRING IT BACK EVERY FEW YEARS TO HFC OR CONSIDERATION PROVIDED FUNDING IS AVAILABLE FOR CONTINUATION OF THAT CONTRACT.

I'M HAPPY TO ANSWER ANY QUESTIONS.

UM, I OFFER THESE ON CONSENT.

IS THERE A MOTION TO APPROVE THE CONSENT AGENDA? COUNCILMAN SARAJ MAKES THE MOTIONS OR A SECOND AS MEMBER LS SECONDS, ANY DISCUSSION AS MEMPHIS.

OUR PARENTS IS ANOTHER ONE OF THOSE THAT COULD JUST GO ON CONSENT BECAUSE, UH, IT'S SUCH GOOD WORK, UH, BY OUR STAFF.

AND I'M SURE THERE'S UNANIMOUS SUPPORT IN THE DIOCESE, BUT IT HAS BEEN A LOT OF WORK OVER TIME.

UM, I WANT TO THANK EVERYONE ON COUNCIL AND COUNCILS BEFORE US FOR ADDING FUNDING TO THE HOUSING TRUST FUND.

I KNOW THAT THAT'S BEEN ALSO SOMETHING THAT COUNCIL MEMBER TOGO HAS WORKED ON FOR QUITE SOME TIME.

THAT'S HELPED SUPPORT A VARIETY OF OUR PROGRAMS AND IN THIS CASE, KICKING OFF A LOCAL HOUSING VOUCHER, WHICH I THINK IS SOMETHING WE SHOULD ALL BE REALLY PROUD OF AND FOR IT TO SERVE, UM, FOLKS EXPERIENCING HOMELESSNESS AND ADDRESSING THAT VERY HIGH PRIORITY FOR US IS SO IMPORTANT.

AND I'M EXCITED THAT IT WILL BE, UM, PROVIDING OVER A HUNDRED, UM, PERMANENT SUPPORTIVE HOMES IN DISTRICT FOUR.

UH, WE KNOW WE NEED TO DO SO MUCH MORE OF THIS, BOTH THROUGH, UM, CONSTRUCTION PROJECTS LIKE THIS ONE WITH THE HOUSING VOUCHER AND THROUGH THE HOTEL MOTEL, UM, STRATEGY.

I REALLY, UM, APPRECIATE THE FOLKS IN THE NEARBY COMMUNITY EMBRACING THIS, UM, AS WE NEED THAT TO HAPPEN ALL ACROSS THE CITY FOR US TO BE SUCCESSFUL, UM, BUT REALLY, UM, HATS OFF TO EVERYONE.

AND THANK YOU TO CARA TOSSED INTO THE SPARROW, UH, GROUP.

UH, I HAVE HIGH EXPECTATIONS FOR THIS THAT I THINK, UH, UNEXPECTABLE THE MATCH, UH, AND WE'RE REALLY STEPPING UP IN A PLATE IN A WAY WHERE WE SAW THE FEDERAL GOVERNMENT RECEIVED ON HOUSING VOUCHERS AND PUBLIC HOUSING, UH, DECADES BEFORE THIS.

I THINK US STEPPING UP IN THIS WAY, WELL, WE'LL START CORRECTING A LOT OF WHAT WE HAVE SEEN AND IT'S A CRITICAL PART OF ENDING HOMELESSNESS.

SO THANK YOU TO EVERYBODY FOR YOUR SUPPORT.

OKAY.

LET'S TAKE A VOTE ON THE CONSENT AGENDA.

DID WE DO THAT ALREADY? THOSE ARE FAIR.

RAISE YOUR HAND, THOSE OPPOSED SHANANA MISS AMONG THE DIRECTORS, UH, WITH THANK YOU, MANDY.

THAT'S THE END OF OUR AGENDA.

I, UH, UH, JOURN THE MEETING OF THE AUSTIN HOUSING FINANCE CORPORATION HERE AT THREE 38 ON DECEMBER 3RD, 2020.

* This transcript was compiled from uncorrected Speech-to-Text.