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OF DIRECTORS MEETING OF THE AUSTIN HOUSING FINANCE CORPORATION.IT'S 11:58 AM WE ARE MEETING IN THE COUNCIL CHAMBERS, LOCATED AT 3 0 1 WEST SECOND STREET IN AUSTIN, TEXAS AT CITY HALL.
UH, MR. PRESIDENT MADAM VICE PRESIDENT AND BOARD OF DIRECTORS, MY NAME IS JAMIE MAY.
I AM THE HOUSING AND COMMUNITY DEVELOPMENT OFFICER FOR THE HOUSING DEPARTMENT.
UH, BEFORE YOU, YOU HAVE YOUR AGENDA FOR THE AUSTIN HOUSING FINANCE CORPORATION BOARD OF DIRECTORS MEETINGS.
THERE ARE EIGHT ITEMS ON YOUR AGENDA.
I'LL WALK YOU THROUGH ALL EIGHT AND THEY WILL BE OFFERED ON CONSENT.
FIRST IS AN APPROVAL OF AN APPLICATION FOR A LOAN FROM THE FEDERAL HOME, I'M SORRY, THE FEDERAL HOME LOAN BANK OF DALLAS, UH, FOR THE DEVELOPMENT AT KAREN POINT AT CAMERON APARTMENTS FOR A LOAN OF $850,000.
SECOND IS A, UH, LOAN TO AUSTIN COMMUNITY FOUNDATION FOR THE DEVELOPMENT OF AN ACCELERATOR FUND, UH, THAT PROVIDES, UH, LOW INCOME, OR, I'M SORRY, LOW UH, COST LOANS, UH, FOR ACQUISITION OF AFFORDABLE HOUSING.
AND THEN THE FOLLOWING, UH, SIX ITEMS ARE ALL KIND OF GROUPED TOGETHER.
THESE ARE CONTRACTS THAT WERE APPROVED LAST YEAR.
WE ARE RENEWING THESE CONTRACTS AND COMING TO YOU TO AMEND EACH ONE TO ADD, UH, AN ANNUAL ALLOCATION OF FUNDS.
THAT'S FOR THE ARCHITECTURAL BARRIER REMOVAL PROGRAMS, BOTH OWNER AND RENTAL, THE GO REPAIR PROGRAM, THE HOMEOWNER REHABILITATION PROGRAM, THE MINOR HOME REPAIR PROGRAM, THE PLUMBING PROGRAM, AND THE PRIVATE WASTEWATER LATERAL PROGRAM.
AND I'M HAPPY TO OFFER ALL OF THESE ON CONSENT MEMBERS.
DO YOU HAVE ANY QUESTIONS OF STAFF IN THAT CASE? UH, WITHOUT OBJECTION, I'LL OPEN WHATEVER PUBLIC HEARING WE NEED TO DO IN ORDER TO TAKE UP THESE ITEMS AND I'LL RETURN TO THE CITY CLERK'S OFFICE, UH, TO SEE IF WE HAVE SOMEONE SIGNED UP TO SPEAK.
WE HAVE XENOBI JOSEPH SIGNED UP FOR AN A HFC ITEM.
MS. JOSEPH, YOU'LL COME FORWARD.
ITEM ONE, WE'LL RECOGNIZE YOU.
THANK YOU, MAYOR COUNCIL, I'M ENOVIA JOSEPH SPEAKING IN OPPOSITION TO NUMBER ONE, WHICH IS A $850,000 LOAN FOR KAREN POINT SEVEN TWO OH FIVE CAMERON ROAD.
I CAN CERTAINLY APPRECIATE COUNCIL MEMBER HARPER MADISON'S COMMENTARY ON BLACK HISTORY MONTH.
BUT MAYOR, I WOULD JUST ASK YOU TO BE REAL ABOUT IT.
I WANT YOU TO RECOGNIZE THAT YOU ARE RE CODIFYING THE 1928 CITY PLAN.
I WANT YOU TO UNDERSTAND THAT WHILE THIS IS 150 UNITS, 20 OF THOSE UNITS ARE 30% AREA MEDIAN INCOME, AND THEN THE REST ARE 50 AND 60% AREA MEDIAN INCOME.
AND WHILE THAT MAY SEEM INNOCUOUS, I WANT YOU TO RECOGNIZE THAT WHEN IT'S WEST OF, UH, OF I 35 OR ON THE METRO RAIL ALLIANCE, IT'S PREDOMINANTLY 80% AREA MEDIAN INCOME.
WHICH MEANS THAT IF YOU DON'T MAKE $65,000, THEN YOU CAN'T LIVE OVER AT THE HIGHLAND VILLAGE.
FOR EXAMPLE, YOU HEARD FROM MIKE GERBER EARLIER TODAY.
I WANT YOU TO RECOGNIZE THAT ON DECEMBER 17TH, 2020, HE TOLD THE HAKA BOARD THAT THE REASON THAT IS, UH, 80% AREA MEDIAN INCOME IS BECAUSE THE INDIVIDUALS IN THE AREA DIDN'T WANNA SERVE LOWER INCOME.
AND SO I WANT YOU TO RECOGNIZE RESPECTFULLY, AND I THINK IT'S GERMANE THAT PROJECT CONNECT WILL SEGREGATE THE CITY FOR CENTURIES.
I WANT YOU TO UNDERSTAND THAT YOU ARE STARTING THAT LIGHT RAIL AT HYDE PARK AND THE PEOPLE IN CAMERON, KAREN POINT WILL NEVER BENEFIT FROM THAT.
HYDE PARK WAS DEVELOPED EXCLUSIVELY FOR WHITE PEOPLE BETWEEN 1889 AND 19 90 19 24 BY COLONEL MONROE SHEPE.
AS YOU ARE AWARE, THE CITY ON MARCH 12TH, 2020 THEN, UH, PUT FORTH $3.8 MILLION FOR ONE ACRE DETENTION POND, WHICH KILLED THE AFFORDABLE HOUSING THERE.
IF YOU CONTINUE ON DOWN TO DOWNTOWN, I WANT YOU TO RECOGNIZE THAT THE DEVELOPERS HAVE PAID A FEE IN LIEU OF BUILDING AFFORDABLE HOUSING.
AND SO I WANT YOU TO RECOGNIZE THAT ON EAST RIVERSIDE, ESPECIALLY OCTOBER 17TH, 2019, AGAIN, COUNCIL ACTUALLY UP ZONED.
AND SO I WANT YOU TO RECOGNIZE THAT YOU'RE NOT FOLLOWING THE UPROOTED REPORT.
AND IT WAS HEATHER WAVE, THE LAWYER FROM THE UNIVERSITY OF TEXAS AT AUSTIN THAT ACTUALLY PUT FORTH A DOCUMENT OCTOBER 23RD THAT MENTIONS THAT.
ANY QUESTIONS? I'LL GLADLY ANSWER THEM AT THIS TIME.
THERE ARE NO OTHER SPEAKERS FOR HFC MEMBERS WITHOUT OBJECTION.
WE'LL CLOSE ANY PUBLIC HEARING.
IT WAS ESTABLISHED AS PART OF THE CONSENT AGENDA FOR A HFC UH, BOARD OF DIRECTORS.
UH, YOU HAVE HEARD THE CONSENT AGENDAS THAT'S BEEN LAID OUT.
IS THERE A MOTION TO APPROVE THE CONSENT AGENDA? MOTION IS MADE BY BOARD MEMBER RYAN ALTER, SECONDED BY A BOARD MEMBER ALLISON ALTER.
IS THERE ANY OBJECTION TO THE CONSENT AGENDA AS READ ANYONE WISHING TO BE SHOWN ABSTAINING? ANYONE WISHING TO BE SHOWN RECUSING THEMSELVES WITHOUT OBJECTION? THE CONSENT AGENDA OF THE A HFC UH, BOARD OF DIRECTORS IS ADOPTED.
MEMBERS WITHOUT OBJECTION, WE WILL ADJOURN THE MEETING OF THE AUSTIN HOUSING FINANCE CORPORATION BOARD OF DIRECTORS AT 12:02 PM.