Item AHPFC001 — Thursday, February 13, 2025

Current official agenda wording

Approve an inducement resolution related to an application for private activity bond financing that authorizes an allocation of up to the greater of 1.7% of the state ceiling or $50,000,000 in private activity volume cap multi-family non-recourse bonds to Manifold Development, LLC, or an affiliated entity, for a proposed affordable multi-family development to be known as Block 32 - Phase 1, located at 304 E 3rd Street, Austin, Texas 78701. Funding: This item has no fiscal impact to the City or AHFPC and neither entity is responsible for repaying the bonds.