Item AHFC001 Passed 11-0
Authorize negotiation and execution of a loan agreement and related documents with FC Crossroads Housing, LP, or an affiliated entity, in an amount not to exceed $11,700,000 for a multifamily rental development to be known as Crossroads Apartments, located at or near 8801 McCann Drive, Austin, Texas 78757. Funding: $11,700,000 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