Item AHFC003 Passed 11-0
Authorize negotiation and execution of a new or amended loan agreement and related documents with Austin Area Urban League, or an affiliated entity, in the amount of $4,001,385, for a total loan amount not to exceed $8,001,385, for the development of a multifamily rental development to be known as UEZ I located at or near 6314 FM 969 Road, Austin, Texas 78724. Funding is available in the Fiscal Year 2024-2025 Capital Budget of the Austin Housing Finance Corporation.
The roll call
Approved. 11-0
- Kirk Watson Mayor Yes
- Natasha Harper-Madison D1 Yes
- Vanessa Fuentes D2 Yes
- José Velásquez D3 Yes
- José "Chito" Vela D4 Yes
- Ryan Alter D5 Yes
- Krista Laine D6 Yes
- Mike Siegel D7 Yes
- Paige Ellis D8 Yes
- Zohaib "Zo" Qadri D9 Yes
- Marc Duchen D10 Yes