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OBJECTION, WE ARE RECESSED AT TEN FIFTY SEVEN.[Consent]
OF DIRECTORS MEETING AT THE AUSTIN HOUSING FINANCE CORPORATION AT 10 57.UH, WE ARE MEETING IN THE CITY COUNCIL CHAMBERS AT CITY HALL, UH, AT 3 0 1 WEST SECOND STREET IN AUSTIN, TEXAS.
IF I COULD ASK EVERYBODY TO, UH, TAKE YOUR CONGRATULATIONS OUTSIDE, THAT WILL HELP US MOVE MORE EFFICIENTLY HERE, I'LL RECOGNIZE YOU, UH, FOR A PRESENTATION.
MORNING IS PRESIDENT MADAM VICE PRESIDENT BOARD OF DIRECTORS.
I AM THE HOUSING AND COMMUNITY DEVELOPMENT OFFICER WITH THE HOUSING DEPARTMENT.
I'M HERE TODAY TO PRESENT YOUR AUSTIN HOUSING FINANCE CORPORATION MEETING AGENDA.
YOU HAVE FIVE ITEMS ON YOUR AGENDA.
FIRST IS THE APPROVAL OF THE MEETING MINUTES FROM JULY 20TH.
THE SECOND IS THE APPROVAL OF THE, UH, ONE YEAR SERVICE AGREEMENT WITH THE CITY OF AUSTIN TO MANAGE AND OPERATE, UH, APPROXIMATELY $112 MILLION, UH, DURING FISCAL YEAR 20 23 24.
THIRD IS THE APPROVAL OF AN AUTHORIZATION AND AN EXECUTION OF A LOAN TO, UH, HABITAT FOR HUMANITY FOR APPROXIMATELY $752,000.
UH, THAT WOULD BE AN ADDITIONAL, UH, $752,000, UH, ON TOP OF THE FUNDS THAT WE'VE ALREADY INVESTED IN THIS PROPERTY FOR HA UH, HABITAT FOR HUMANITY FI.
UH, NEXT YOU HAVE A $5.5 MILLION LOAN TO, UH, THE PARK, THE ARAZ PARKSIDE LP.
THIS IS AN AUSTIN HOUSING FINANCE CORPORATION PARTNERSHIP.
UH, THAT IS A SECOND, UH, PHASE DEVELOPMENT FROM A PARTNERSHIP THAT WE RECENTLY PURCHASED FROM THE HOUSING AUTHORITY OF TRAVIS COUNTY.
AND THEN FINALLY, YOU HAVE A, UH, REQUEST TO AUTHORIZE NE NEGOTIATION AND EXECUTION OF A LOAN AGREEMENT FOR APPROXIMATELY $6.8 MILLION, UH, TO THE GROVE SUPPORTIVE HOUSING PARTNERSHIP.
THIS IS A PARTNERSHIP BETWEEN D M A DEVELOPMENT AND SAFE HOUSING ALLIANCE.
UH, THIS IS THE SASHA AND I OFFER ALL FIVE OF THESE ITEMS, UH, ON CONSENT.
WE HAVE ONE SPEAKER, ENOVIA JOSEPH SIGNED UP TO SPEAK ON ITEM TWO.
COUNCIL MEMBERS DIRECTORS, I'M ENOVIA JOSEPH COMMENTING ON THE $112.7 MILLION AS IT RELATES SPECIFICALLY TO AFFORDABLE HOUSING PROGRAMS USING FEDERAL AND LOCAL FUNDS.
I APPRECIATE DIANA GRAY'S RESIGNATION AND WANT TO CALL TO YOUR ATTENTION THE FEDERAL REGISTER, MAY 17TH, 2021.
SPECIFIED AND ELIGIBLE USE OF THE FUNDS COULD BE FOR HOUSING VOUCHERS TO NEIGHBORHOODS THAT HELP RESIDENTS INCREASE THEIR ECONOMIC OPPORTUNITY AND HIGH LEVELS OF ECONOMIC OPPORTUNITY.
AND I WANT YOU TO RECOGNIZE THAT NONE OF THE FUNDS THAT YOU HAVE ALLOCATED THUS FOR CONSIDER ANY HIGH OPPORTUNITY AREAS WEST OF MOPAC.
I WOULD ALSO MENTION AS IT RELATED TO 1 37, THAT, UH, SPECIFICALLY SAMSUNG, THERE'S 425 ACRE DEVELOPMENT AND THERE'S NO TRANSPORTATION.
SO IF YOU WANT TO IMPROVE, UH, THE ECONOMIC OPPORTUNITIES FOR AFRICAN AMERICANS IN PARTICULAR, I WOULD ASK YOU TO REVISIT THE NEED FOR TRANSPORTATION BETWEEN SAMSUNG AND APPLE.
AND SO TO COUNCIL MEMBER NATASHA MADISON, IT IS DISINGENUOUS FOR YOU TO PRAISE PROJECT CONNECT AND YOUR RESOLUTION.
ON JUNE 20TH, 2017, JOE CLEMONS TOLD THE COMMISSIONERS THE GREEN LINE WOULD LIKELY HAVE TO BE LOCALLY FUNDED, AND IT SHOULD BE NO SECRET.
TODD HEMINGSON SAID ON APRIL 3RD, 2018.
I JUST WANT YOU TO RECOGNIZE THAT THERE IS SO MUCH MORE THAT COULD BE DONE FOR OUR AFRICAN AMERICANS, THE MALES IN PARTICULAR, AND THAT THERE ARE STILL WAITING 60 MINUTES FOR THE BUS IN NORTHEAST AUSTIN, 10 TIMES LONGER THAN SOUTHWEST AND CENTRAL AUSTIN AND DOES SPRING HISPANIC.
AND I WILL LASTLY ASK YOU TO RECALL THE AUSTIN TRANSIT PARTNERSHIP ARTICLE 13 TAX MATTERS AND THE SOLUTION THAT YOU ARE OBLIGED TO COMPLY WITH SECTION 5 1 1 C THREE OF THE INTERNAL REVENUE CODE.
AND SO I WOULD ASK YOU TO CONSIDER USING THESE FUNDS TO IMPROVE THE ECONOMIC OPPORTUNITIES AND TO PLEASE STOP SEGREGATING THE CITY AND RE CODIFYING THE 1928 PLAN.
IF YOU HAVE ANY QUESTIONS, I'LL AHEAD AND ANSWER THEM AT THIS TIME AND ASK YOU TO COMPLY WITH TITLE SIX ASSURANCES AS YOU ARE USING THESE FEDERAL FUNDS, WHICH PROHIBITS DISCRIMINATION BASED ON THE COLOR NATIONAL ORIGIN.
THANK YOU MAYOR AND DIRECTORS.
IF YOU HAVE ANY QUESTIONS, I'LL UH, ANSWER THEM AT THIS TIME.
MAYOR, THAT CONCLUDES ALL THE SPEAKERS.
ALL RIGHT, MEMBERS, THOSE ARE ALL THE PEOPLE WHO HAVE SIGNED UP TO SPEAK.
MOTION IS MADE BY DIRECTOR FUENTES, SECONDED BY DIRECTOR HARPER MADISON, TO ADOPT THE CONSENT AGENDA AS READ.
LET ME ASK IF THERE IS, UH, ANYONE THAT WISHES TO BE SHOWN ABSTAINING ON ANY OF THE ITEMS ON THE
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CONSENT AGENDA.ANYONE WISHING TO BE SHOWN AS RECUSING THEMSELVES ON ANY ITEMS ON THE CONSENT AGENDA? ANYONE WISHING TO BE SHOWN VOTING? NO.
I'LL BE VOTING NO ON ITEMS 2, 3, 4, AND FIVE.
COUNCIL MEMBER KELLY, UH, DIRECTOR KELLY WILL BE SHOWN VOTING NO ON THE CONSENT AGENDA ITEMS 2, 3, 4, AND FIVE.
IS THERE ANY DISCUSSION WITH REGARD TO THE CONSENT AGENDA? COUNCIL MEMBER, DIRECTOR FUENTES.
AND, UH, DIRECTOR WATSON, I WANTED TO THANK YOU.
I THINK YOU AND I WERE AT THE GROUNDBREAKING FOR THE HABITAT FOR HUMANITY DEVELOPMENT THAT'S HAPPENING IN SOUTHEAST.
AND I WANNA THANK OUR FELLOW BOARD MEMBERS HERE TODAY, UM, FOR YOUR SUPPORT ON THIS ITEM.
THIS PROJECT WILL BRING 126 AFFORDABLE HOMES TO SOUTHEAST AUSTIN.
AND SO WE ARE SUPER EXCITED TO SEE IT MOVE FORWARD AND I THINK IT, IT'S REALLY GONNA GO A LONG WAY WITH OUR COMMUNITY.
ANY, ANYTHING ELSE? IS THERE ANY OBJECTION TO THE ADOPTION OF THE CONSENT AGENDA AS IT WAS READ? HEARING NONE, THE CONSENT AGENDA IS ADOPTED.
THE BOARD OF DIRECTORS MEETING OF THE AUSTIN HOUSING FINANCE CORPORATION IS ADJOURNED AT 1103.