Item AHFC002 Passed 10-0
Authorize payment of the balance of the commercial loan from Broadway National Bank to AHFC Villa Del Rey Non-Profit Corporation, an affiliate of Austin Housing Finance Corporation, obtained for the acquisition of, and repairs to, Villa del Rey, a multifamily, apartment complex, located at 4000 Avenue A, Austin, Texas 78751, in an amount not to exceed $2,428,685. Funding: Funding in the amount of $2,428,685 is available in the Fiscal Year 2025-2026 Capital Budget of the Austin Housing Finance Corporation.
The roll call
APPROVED 10-0
- Kirk Watson Mayor Absent
- 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