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I WILL NOW CALL TO ORDER THE AUSTIN HOUSING[Consent]
PUBLIC FACILITY CORPORATION MEETING JUNE 8TH, 2023 AT 1144.MANDY DE MAYO, DEPUTY DIRECTOR HOUSING DEPARTMENT HERE ON BEHALF OF AUSTIN HOUSING PUBLIC FACILITY CORPORATION.
WE HAVE ONE ITEM ON TODAY'S AGENDA AND THAT IS TO AUTHORIZE, UH, STAFF TO MOVE FORWARD WITH THE ISSUANCE OF MULTI-FAMILY MORTGAGE REVENUE BONDS IN AN AMOUNT NOT TO EXCEED 20 MILLION FOR A PROJECT THAT IS ANOTHER PARTNERSHIP, UM, CALLED KAREN POINT.
THAT IS A PARTNERSHIP THAT WILL RESULT IN 150, UH, UNITS OF PERMANENT SUPPORTIVE HOUSING.
IT IS LOCATED AT CAMERON ROAD IN EAST ST.
JOHN'S AVENUE, AND IT IS A PARTNERSHIP WITH THE SINO GROUP AND CARITAS OF AUSTIN.
UH, IT IS, I SHOULD ALSO NOTE IT IS RELATED TO ITEM 75 ON THE CITY COUNCIL AGENDA, WHICH I UNDERSTAND WILL BE TAKEN UP, UM, AFTER THIS PROJECT, UH, AFTER THIS, UH, AGENDA.
UH, IN FACT WHAT WE'LL DO IS WE'LL TAKE UP ITEM 75 WHEN, UH, IMMEDIATELY UPON RECONVENING THE AUSTIN CITY COUNCIL MEETING.
UH, MADAM CLERK, WILL YOU CALL ON ANY SPEAKERS THAT WE HAVE? SPEAKER J ZNO.
MY COMMENTS AS THEY'VE BEEN IN THE PAST IS IN OPPOSITION TO THE KAREN POINT AT CAMERON ROAD PROJECT.
ONCE AGAIN, THIS IS A HIGH CRASH ZONE AND I WANT YOU TO RECOGNIZE THAT, UH, YOU MENTIONED ST.
IT WOULD BE INSTRUCTIVE IF YOU ACTUALLY TALKED TO MIKE GERBER FROM THE HOUSING AUTHORITY OF THE CITY OF AUSTIN.
HE'S THE OFFICE, THE, UM, PATHWAYS DIRECTOR FOR THE NONPROFIT THAT DOES THE BOARD PACKETS.
UM, AUSTIN PATHWAYS, HE ACTUALLY SAID FOR THE 526 UNITS, THAT'S, UM, ON ST.
JOHN'S AND I 35, THAT THEY CANNOT HANDLE THE DENSITY.
SO JUST PUTTING INDIVIDUALS IN THESE AREAS, HIGH CRASH ZONES, UM, IS NOT A GOOD IDEA.
AND YOU MIGHT WANNA ASK SOMEONE WHO ACTUALLY PUTS THESE ITEMS BEFORE THAT BOARD.
AS IT RELATES TO THE CASINO GROUP AND CARITAS, I DO HAVE A PROBLEM WITH THEM AS RELATES TO THESE VOUCHERS.
THE BOARD PACKET FOR NOVEMBER 2ND, THEIR APPLICATION SAID 50 LOCAL HOUSING VOUCHERS AND NOW IT'S 100.
THEY DID THE SAME BAIT AND SWITCH FOR THE 1934 SPARROW RUTLAND, WHERE THE COMMUNITY THOUGHT IT WOULD BE 50 VOUCHERS.
SO MY OPPOSITION HAS BEEN TO THE CONCENTRATION OF POVERTY AND, UH, THIS DOES NOT AFFIRMATIVELY FURTHER FAIR HOUSING.
AND ONCE AGAIN, THE EMAIL ADDRESS THAT I SENT MY TITLE SIX COMPLAINT TO THIS MORNING WAS REGIONAL ADMINISTRATOR FORT MURTH AQD.GOV.
AND THAT IS CANDACE VALENZUELA.
SHE WAS THERE, UM, HERE IN AUSTIN AND APRIL WHEN YOU HAD YOUR FAIR HOUSING SUMMIT.
SO I JUST REMINDED HER OF WHO I WAS WHEN I SENT THE INFORMATION.
AND FOR CONTEXT, I ALSO INCLUDED PROJECT CONNECT AND HOW YOU'VE ELIMINATED ACCESS, UM, TO THE RAIL ON CAMERON SLASH DECILE ROAD, WHICH IS THE SAME ROADWAY.
UM, AND THAT WOULD'VE BEEN, UM, ADVANTAGEOUS TO LOW INCOME RIDER, BUT UNFORTUNATELY IT'S NOT.
IF YOU HAVE ANY QUESTIONS, I'LL GLADLY ANSWER THEM AT THIS TIME.
THAT CONCLUDES ALL THE SPEAKERS.
CAN I ALSO POINT OUT THAT WE DO HAVE, SINCE MS. JOSEPH DID MENTION MIKE GERBER WITH, UH, THE HOUSING AUTHORITY OF THE CITY OF AUSTIN, WE ARE FORTUNATE TO HAVE, UH, MIKE GERBER IN THE AUDIENCE WITH US, SHOULD THERE BE ANY QUESTIONS ABOUT WHAT MS. UH JOSEPH DID REFERENCE? GREAT.
JUST ONE QUICK QUESTION IS FOR EDIFICATION PURPOSES ONLY, WHEN WE SAY MORTGAGE REVENUE NOTE, IS THAT A, A LOAN OR IS THAT IT IS A NON-RECOURSE LOAN, UH, WHICH IS, THESE ARE MULTI-FAMILY REVENUE BONDS, UH, THAT ARE, UH, ISSUED BY A HFC OR IN THIS CASE A H PFC.
UM, AND THEY ARE NON-RECOURSE.
THEY ARE ACTUALLY PAID BACK FROM THE REVENUE RECEIVED FROM THE RENTS AT THE, UH, UH, COMPLEX THAT WILL BE BUILT.
AND SHOULD YOU HAVE MORE DETAILED QUESTIONS, WE ARE ALSO FORTUNATE TO HAVE MARK MALVO OR OUTSIDE BOND COUNCIL IN THE AUDIENCE.
IS THERE A MOTION TO APPROVE A H P FFC ITEM NUMBER ONE? IT'S MADE BY, UH, DIRECTOR NATA.
UH, HARPER MADISON IS SECONDED BY DIRECTOR VELA.
UH, IS THERE ANY ADDITIONAL DISCUSSION? IS THERE ANY OBJECTION TO THE ADOPTION OF ITEM NUMBER ONE? HEARING NONE, I OBJECT.
WELL, I SHOULD HAVE, THANK YOU.
UH, ANYONE WE HAVE, IT'S THE BOARD OF DIRECTORS ADOPTS IT WITH ONE NO VOTE BY DIRECTOR KELLY.
AND I'LL NOTE FOR THE RECORD THAT DIRECTOR POOLE IS OFF
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THE DIAS, UH, PERFORMING IMPORTANT, UH, CITY BUSINESS.THERE'S NO BEING NO OTHER BUSINESS TO COME BEFORE THE H P F C.
THE BOARD OF DIRECTORS, WITHOUT OBJECTION, WILL ADJOURN THAT MEETING.