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I'M GOING TO CONVENE

[00:00:01]

THE, UH, AUSTIN HOUSING FINANCE CORPORATION MEETING.

TODAY'S THURSDAY, SEPTEMBER 1ST, 2002.

UH, THE TIME IS 3 38.

UH, WE ARE IN AUSTIN CITY HALL AND WE WERE CONVENED TO CONSIDER THE, UH, AGENDA FOR AUSTIN HOUSING FINANCE CORPORATION ISSUE.

[Consent]

WE HAVE WHAT 17 ITEMS ON THE AGENDA TODAY WE DO MANDY TO MAYO, AUSTIN HOUSING FINANCE CORPORATION.

IT'S A JAM PACKED CONSENT AGENDA WITH 17 ITEMS THAT I'M NOT GOING TO GO THROUGH.

UM, UNLESS YOU HAVE ANY QUESTIONS ABOUT THEM, BUT I DO WANT TO DRAW YOUR ATTENTION.

THE REASON THERE'S 17 ITEMS IS 14 OF THE 17 ITEMS ARE RELATED TO REQUESTING AUTHORIZATION TO MOVE FORWARD WITH LOAN AGREEMENTS FOR 14 DIFFERENT RENTAL HOUSING DEVELOPMENT ASSISTANCE AND OWNERSHIP, HOUSING DEVELOPMENT, ASSISTANCE APPLICATIONS, THOSE TOTAL MORE THAN $46 MILLION, UH, AND WILL RESULT IN MORE THAN 1,250 UNITS OF AFFORDABLE HOUSING.

AND ALMOST 500 OF THOSE UNITS WILL BE PERMANENT SUPPORTIVE HOUSING FOR PEOPLE EXPERIENCING HOMELESSNESS.

UH, I DO WANT TO POINT OUT THAT OUR SOURCES OF FUNDING ARE BOTH FEDERAL AND LOCAL FOR THESE 14 DIFFERENT PROJECTS.

THEY INCLUDE THE 2018 GENERAL OBLIGATION BONDS PROJECT CONNECT ANTI-DISPLACEMENT DOLLARS HOME FUNDING THROUGH THE FEDERAL GOVERNMENT AND OUR LOCAL HOUSING TRUST FUND.

SO I'M HAPPY TO ANSWER ANY QUESTIONS ABOUT SPECIFIC PROJECTS OR ANY OF THE OTHER ITEMS ON THE AGENDA.

WELL, WHY DON'T I JUST WANT TO CONGRATULATE YOU AND OUR STAFF AND ALL OUR COMMUNITY PARTNERS, UH, AND EVERYONE WHO IS, HAS DONE THIS, THE FOLKS THAT CAME BEFORE US AND HELPED SET THIS UP IN TERMS OF FUNDING IN THE CITY.

UH, BUT I'M, UH, REAL PROUD TO BE WORKING WITH MY COLLEAGUES, UH, IN PART BECAUSE OF THE TIME THAT WE'RE IN, WHERE AFFORDABILITY IS SUCH A, AN ISSUE IN PART, BECAUSE OF THE AVAILABLE FUNDING.

NOW THAT MIGHT NOT HAVE BEEN AVAILABLE IN THE PAST, UH, FOLKS STEPPING FORWARD TO REALLY DO BIG BOND ELECTIONS.

FIRST HERE RECENTLY IN 2013, BUT AGAIN IN 2018, UH, THERE'S ANOTHER BOND BEFORE US HERE IN NOVEMBER.

UM, THE, THE AMOUNT OF AFFORDABLE HOUSING THAT WE'RE BUILDING AND WE'LL HAVE ONLINE SOON.

IT JUST SO DWARFS, UH, WHAT WE WERE ABLE TO DO IN THE PAST.

AND I JUST WANT TO CONGRATULATE YOU AND EVERYBODY THAT'S INVOLVED IN THAT.

UH, IS THERE A MOTION TO APPROVE THE CONSENT AGENDA, WHICH HAS ITEMS ONE THROUGH 17 COUNSELOR TOBO MAKES THAT MOTION? IS THERE A SECOND TO, THAT HAS A REMEMBER AT THE REIA SECONDS THAT AND THE DISCUSSION ON THE CONSENT AGENDA THOSE IN FAVOR, PLEASE RAISE YOUR HANDS.

THOSE OPPOSED HOW'S MEMBER HARPER, MADISON, AND IT IS UNANIMOUS ON THE DEUS RIGHT HERE.

YES.

CAUSE UH, DIRECTOR RENTER IT, I ALSO WANT TO THANK THE STAFF.

YOU HAVE SUCH A WONDERFUL JOB.

YOU KNOW, THIS IS GOING TO BE A BIG LEAP FORWARD OR SOVEREIGN OUR HOMELESS PROBLEMS AND OUR HOUSING YOU NEED HERE IN AUSTIN.

AND I JUST WANT TO CONGRATULATE THE STAFF FOR THE HARD WORK I DID AND OTHER NONPROFITS THAT ARE OUT THERE THAT ARE REALLY WORKING HARD TO MAKE SURE THAT WE HOUSE OUR PEOPLE.

SO THANK YOU.

THANK YOU VERY MUCH.

WE HAVE STAFF MEMBERS HERE WHO APPRECIATE THE THANKS AND WORK REALLY HARD TO GET ALL OF THIS DONE.

GREAT.

CONGRATULATIONS.

THANK YOU.

ALL RIGHT.

I'M GOING TO ADJOURN THE MEETING.

WE ALSO HOUSING FINANCE CORPORATION HERE AT 3 41.