* 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. UH, AND [00:00:01] I'M GONNA GO AHEAD AND CONVENE THE AUSTIN HOUSING FINANCE CORPORATION MEETING HERE ON OCTOBER 13TH, 2022. WE'RE IN THE CITY COUNCIL, UH, CHAMBERS. UM, THERE IS A, UH, QUORUM OF THE DIRECTORS PRESENT. UH, LET'S CALL PUBLIC SPEAKERS. MS. JOSEPH, WHY DON'T YOU TO COME ON UP AND SPEAK TO US. ZNO JOSEPH, ON ITEM THREE. THANK YOU. PEGGY MAYOR COUNCIL, I'M ZNO JOSEPH. I SIGNED UP FOR ITEM THREE, WHICH IS THE RYAN DRIVE PROJECT, AND I JUST WANTED TO MAKE BRIEF COMMENTS. UH, IN GENERAL, I AM OPPOSED TO YOU REC, UH, TO THE DENSITY. UH, SPECIFICALLY I JUST WANT YOU TO RECOGNIZE THAT NORTH OF US 180 3, YOU TEND TO PUT OVER A HUNDRED PERMANENT SUPPORTIVE HOUSING UNITS THERE, WHEREAS, UH, SOUTH OF US, 180 3, UH, THE AVERAGE IS ABOUT 50. AND SO I BELIEVE THE RYAN PROJECT IS A GOOD ONE. UH, BUT I WOULD ASK COUNCIL MEMBER POOL TO RECOGNIZE SPECIFICALLY THAT, UH, ESP SPARROW RUTLAND, IF I CAN USE THAT AS A COMPARISON, HAS 171 UNITS AND 101 OF THOSE UNITS ARE PERMANENT SUPPORTIVE HOUSING THAT'S ON ROUTE TWO 40, RUTLAND, WHICH WAS ELIMINATED. SO WHERE YOU HAVE ROBUST TRANSIT, YOU HAVE FEWER, UH, UH, PERMANENT SUPPORTIVE HOUSING UNITS. AND SO THE RYAN PROJECT IS ONE THAT'S INDICATIVE OF THAT. AND I JUST WANT YOU TO RECOGNIZE THAT IT'S DISCRIMINATORY. IT VIOLATES TITLE SIX OF THE CIVIL RIGHTS ACT IN 1964. AND WHILE IT IS TRUE THAT IT'S MIXED USE DEVELOPMENT, AND IT'S TRUE THAT YOU WILL HAVE SOME LOW INCOME RESIDENTS THERE, IT IS NOWHERE NEAR THE AMOUNT OF DENSITY THAT YOU HAVE NORTH OF US, 180 3. AND SO I WOULD ASK DISTRICT FOR REPRESENTATIVE TO RECOGNIZE THE NEED TO HAVE AN EQUITABLE SYSTEM AND TO LOOK ALSO, UH, WHERE YOU HAVE, UH, HIGHLAND VILLAGE, AGAIN, THAT'S 80% AREA MEDIAN INCOME. AND SO, UM, SPECIFICALLY FOR RYAN DRIVE, AGAIN, I APPRECIATE THAT SOME LOW INCOME INDIVIDUALS WILL BE ABLE TO LIVE THERE, BUT AFRICAN AMERICANS IN PARTICULAR, UH, DON'T AVERAGE 80% AREA MEDIAN INCOME. THEY AVERAGE ABOUT, UH, 60% AREA MEDIAN INCOME. LESS THAN $50,000 IN THE HISPANICS ARE IN THAT CATEGORY TOO. AND SO I WOULD JUST ASK YOU TO RECOGNIZE, UM, THAT YOU ARE CREATING CONCENTRATIONS OF POVERTY NORTHEAST AUSTIN. AND, UH, THAT IS WHY I'M OPPOSED TO THIS ITEM. IF YOU HAVE ANY QUESTIONS, I'LL GLADLY ANSWER THEM AT THIS TIME. THANK YOU. YOU'RE WELCOME. WHILE WE'RE IN THE [Consent] HSC MEETING, CAN YOU TAKE US THROUGH THE CONSENT AGENDA QUICKLY? YES, SIR. UH, GOOD MORNING, MR. PRESIDENT. MORNING, UH, BOARD OF DIRECTORS. MY NAME IS JAMES MAY. I'M THE, UH, HOUSING AND HOUSING AND PLANNING, UH, HOUSING AND COMMUNITY DEVELOPMENT OFFICER. UH, IN YOUR CONSENT AGENDA FOR THE AUSTIN HOUSING FINANCE CORPORATION, YOU HAVE FOUR ACTION ITEMS. THE FIRST IS A, AN AMENDMENT TO THE CERTIFICATE OF FORMATION AND BYLAWS FOR THE, UH, NONPROFIT CONTROLLING THE LABOR TODD DEVELOPMENT ON 900 GARDNER ROAD. THE SECOND IS AN A, UH, THE CREATION OF THE AFC RYAN DRIVE NONPROFIT CORPORATION, UH, TO CONTROL THE PROPERTY AT, UH, 69 9 RYAN DRIVE. UH, AND THE FINAL TWO ITEMS ARE TO SET PUBLIC HEARINGS, UH, FOR THE ISSUANCE OF PRIVATE ACTIVITY BONDS. UH, ONE FOR THE ARBOR AT CREEKSIDE DEVELOPMENT AND THE SECOND FOR THE LIVE MAKE HOUSING PARTNERS DEVELOPMENT. UH, THE, WE ARE SUGGESTING THAT THESE, UH, PUBLIC HEARINGS BE SET FOR, UH, OCTOBER, I'M SORRY, YES. FOR OCTOBER 27TH, AND I'D BE HAPPY TO ANSWER ANY QUESTIONS. AIR PROAM. UM, A QUESTION, OBVIOUSLY, I'M PLEASED TO SEE THAT THE LIAD PROPERTY CAN INCREASE BY 61 UNITS. CAN YOU JUST EXPLAIN WHY THEY'RE ABLE TO DO THAT? THE, UH, UM, IS A SHIFT IN, UH, THE DEVELOPMENT. UH, WE CAN GET, UH, SOME MORE SPECIFIC, UH, DETAILS FOR YOU, UH, SHORTLY. UM, HOWEVER, IT'S UH, UH, AS THE DEVELOPMENT DEVELOPED OUT AND WE WERE ABLE TO REQUIRE TO ACQUIRE MORE PROPERTY NEARBY, UH, WE WERE ABLE TO ADD MORE UNITS. OKAY. SO IT'S A QUESTION OF HA ADDING MORE PROPERTY. IT WAS A, IT WAS AN ACQUISITION, YES, MA. OKAY, GREAT. THANK YOU. OKAY. IS THERE A MOTION TO APPROVE THE CONSENT AGENDA? UM, COUNCIL POOL MAKES THE MOTION. COUNCIL MEMBER, UH, EZ SECOND. ANY DISCUSSION ON THE CONSENT AGENDA? LET'S TAKE A VOTE. THOSE IN FAVOR, PLEASE RAISE YOUR HANDS. THOSE OPPOSED, I'M SORRY. YEAH, THAT'S GOOD. I WAS RAISE MY HAND. I DIDN'T KNOW IF YOU THOUGHT THAT'S INTEREST. YEAH, THOSE OPPOSED, I HAVE COUNCIL MEMBER KELLY VOTING NO. AND I HAVE THE REST OF THE DIAS VOTING. YES. UH, THE CONSENT AGENDAS PASSED. THANK YOU. WITH THAT, THAT TAKES CARE OF ALL OUR BUSINESS. THE, UH, AUSTIN HOUSING FINANCE CORPORATION MEETING IS ADJOURNED, UH, HERE AT, UH, 1142. [00:05:02] I'M GONNA GO. * 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.