* This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting. [00:00:01] AND AT 1127, [Consent] I'M GOING TO CALL TO ORDER THE MEETING OF THE AUSTIN HOUSING FINANCE CORPORATION. THURSDAY, NOVEMBER 4TH, 2021. WE'RE HERE AT CITY HALL. WE HAVE A QUORUM OF THE BOARD OF DIRECTORS PRESENT. UH, WE'RE CONVENING FOR THE SOLE PURPOSE OF, UH, OF, OF TAKING, UH, SPEAKERS. UH, DO WE HAVE ANY PEOPLE THAT ARE SIGNED UP TO SPEAK? I DON'T THINK WE HAVE ANY IN PERSON. DO WE HAVE ANY ON THE PHONE? YES, WE HAVE ONE ON THE PHONE. I'M ASSUMING IT'S MR. NOVIA. JOSEPH, ARE YOU WITH US? SHE'S NOT ON YET. MAYER. WE'RE TRYING TO REACH HER NOW MAYOR. OKAY. WE'LL GIVE HER A SECOND MAYOR. SHE'S NOT PICKING UP. I DUNNO IF YOU'D LIKE TO RETURN OR IF WE SHOULD TRY AGAIN. YEAH. IF SHE COMES BACK AT ANY POINT, WOULD YOU PLEASE LET ME KNOW. WE'RE GOING TO GO AHEAD AND RECESS THE ASTA HOUSING FINANCE CORPORATION HERE AT 1129. WHAT I WANT TO RECONVENE THE AUSTIN HOUSING FINANCE CORPORATION MEETING HERE NOVEMBER 4TH AT 1131. DO WE HAVE ANY SPEAKERS? YES, MA'AM. WE HAVE ONE IN THE QUEUE. ALL RIGHT, LET'S GO AHEAD AND RECOGNIZE WITH JOSEPH. THANK YOU, MAYOR COUNCIL MEMBERS I'M AS AN OB A JOKE. SO MY COMMENTS ON AUSTIN HOUSING FINANCE CORPORATION ITEM THREE IS SPECIFICALLY, I AM NEUTRAL ON THE ITEM. UH, THE POSITIVE PART ABOUT THE ITEM IS THAT THERE HOME OWNERSHIP. AND SO I SUPPORT THAT THERE ARE 26 DUPLEX OWNER OCCUPIED UNITS AS A NEGATIVE IS THAT IT IS ACTUALLY COUGH OF THE AREA WHERE THE EAST SIDE MEMORIAL BUS WAS ELIMINATED ON JUNE 3RD, 2018. MY CAPITAL METRO DURING CAP REMAP. AND I JUST WANT TO CALL TO YOUR ATTENTION THAT GARDENER IS IN THE AREA, UM, WHERE IT'S ABOUT A MILE WALK FROM THERE. AND ALTHOUGH THERE'S PICKUP SERVICE, I JUST WANT YOU TO KNOW THAT THAT ONLY ONE'S MONDAY THROUGH FRIDAY SEVEN TO SEVEN. AND SO IT'S NOT THE SAME AS HAVING A FIXED 12. I WOULD ASK MANDY TO MAIL WHO ACTUALLY GAVE ME THE INFORMATION ABOUT THE HOME OWNER OCCUPIED OCCUPIED UNITS, A WHILE BACK TO INCLUDE AN ADDITIONAL BACKUP MATERIALS, YOUR SMART HOUSING GUIDE GOALS. SPECIFICALLY THE SMART HOUSING GUIDE IS JUNE, 2008. IT'S OUTDATED. UM, AND AS YOU KNOW, SMART STANDS FOR SPACE MIXED INCOME ACCESSIBLE, REASONABLY PRICED AND TRANSIT ORIENTED. AND I WOULD LIKE HER TO INCLUDE THE NUMBER OF HOME OWNERSHIP UNITS, MAYBE BY QUARTER OR TO DATE ANNUALLY OR FISCAL YEAR, HOW MANY MIXED INCOME DEVELOPMENTS YOU'VE HAD AND HOW MANY DOWN PAYMENT ASSISTANCE SEEMS TO YOU'VE ACTUALLY HAD THE GUIDE IS SO OLD THAT IT SAYS THAT AN INDIVIDUAL WHO EARNS 80% AREA MEDIAN INCOME, WOULD BE ABLE TO AFFORD A $125,000 CONDOMINIUM. AND WE KNOW THAT THAT'S JUST NOT TRUE ANYMORE. AND SO I REALLY DON'T KNOW WHAT THAT PRICE POINT WOULD BE FOR AN INDIVIDUAL FOR AN 80% AMI TODAY. AND I DON'T KNOW HOW MUCH YOU WOULD PROVIDE IN DOWN PAYMENT ASSISTANCE. SO IF YOU'RE REALLY COMMITTED TO MIXED INCOME, AFFORDABLE HOUSING UNITS, I WOULD ASK YOU TO JUST BE TRANSPARENT AND TO START INCLUDING THIS INFORMATION. UM, AS I MENTIONED BEFORE, LIKE THE ST JOHN'S DEVELOPMENT HAD NO, UM, UH, HOME OWNERSHIP, UH, IN THE 19 ACRES THERE. AND SO WHILE I APPLIED TO 26, I JUST THINK THAT THERE'S SO MUCH MORE THAT CAN BE DONE. UM, AND THE CNO IS THE SAME GROUP. THAT'S DOING THE RIGHT ONE, THIS BARREL PROJECT. AND I WOULD JUST ASK YOU ALSO TO LOOK WEST OF LOOP ONE AND RECOGNIZE THAT ALL OF THE DEEPLY AFFORDABLE UNITS FOR THE HOMELESS SHOULDN'T BE IN SOUTHEAST AND NORTHEAST AUSTIN. IF YOU HAVE ANY QUESTIONS, I WILL ANSWER THEM AT THIS TIME. AND THIS WAS 198 DEEPLY AFFORDABLE UNITS AND WEST OF MOPAC. YOU DON'T EVEN HAVE 50. AND SO I THANK YOU FOR ALLOWING ME TO MAKE MY COMMENTS, AND I APPRECIATE YOUR PATIENCE WITH THE TECHNOLOGY. THAT'S ALL. OKAY. AND I'M GOING TO GO AHEAD AND RECESS. HE ALSO HAS THE FINANCE CORPORATION BD HERE, UH, AT 1134, AND I AM GOING TO CONVENE THE RECONVENE, THE, UH, AUSTIN HOUSING FINANCE CORPORATION MEETING HERE ON NOVEMBER 4TH, 2021 [00:05:01] HERE AT 3 53. IF A STAFF COULD TAKE US THROUGH THE CONSENT AGENDA, THAT'D BE HELPFUL. THEY'RE GETTING MOVED OVER NOW, MAYOR YES, I FROZE THE TRUE LEFT TREASURE OF THE AUSTIN HOUSING FINANCE CORPORATION. WE HAVE THREE ITEMS ON THE AGENDA FOR YOU TODAY. THE FIRST IS TO APPROVE THE MEETING MINUTES OF THE OCTOBER 21ST BOARD MEETING OF THE AUSTIN HOUSING FINANCE CORPORATION. ITEM. NUMBER TWO IS TO AUTHORIZE NEGOTIATION AND EXECUTION OF AN 11 MONTH CONTRACT WITH THE AUSTIN AREA URBAN LEAGUE TO ADMINISTER OUR MINOR HOME REPAIR PROGRAM, UH, AND THE AMOUNT OF, UH, OF $900,000 WITH AN OPTION FOR A 12 MONTH EXTENSION FOR A TOTAL OF $1.8 MILLION. AND ITEM NUMBER THREE IS TO AUTHORIZE NEGOTIATION AND EXECUTION OF ALL THE DOCUMENTS NECESSARY TO ACQUIRE APPROXIMATELY 2.798 ACRES OF LAND LOCATED NEAR GARDNER ROAD AND LAVANDER LOOP. YOU'VE APPROVED THE ACCOMPANYING ITEM ON THE, UH, CITY COUNCIL AGENDA EARLIER THIS MORNING. THANK YOU VERY MUCH. THE CONSENT AGENDA IS ITEMS ONE THROUGH THREE. IS THERE A MOTION DIRECTORS TO APPROVE THE CONSENT AGENDA? COUNCIL MEMBER? ALICE MAKES THE BROCHURE COUNCIL MEMBER RENT THE RHEA SECONDS, THAT MOTION AND A DISCUSSION THOSE IN FAVOR OF THE CONSENT AGENDA. PLEASE RAISE YOUR HAIR. THOSE OPPOSED IT IS EVERYBODY WITH A DIRECTOR OF WET THIS OFF. I THINK THAT'S ALL OF OUR WORK. THANKS FOR STICKING AROUND WITH US TODAY. UH, THE MEETING OF JASTA HOUSING FINANCE CORPORATION IS, UH, IS A JUROR. * This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting.