Item AHFC009 Passed 10-0
Authorize negotiation and execution of a new or amended loan agreement and related documents with The Sasha, LP, or an affiliated entity, in the amount of $300,000, for a total loan amount not to exceed $8,795,000, for a multifamily rental development to be known as The Sasha, located at or near 1325 Grove Boulevard, Austin, Texas 78741. Funding: Funding in the amount of $300,000 is available in the Fiscal Year 2025-2026 Operating Budget of the Austin Housing Finance Corporation using Project Connect Funds.
The roll call
Approved 10-0
- Kirk Watson Mayor Yes
- Natasha Harper-Madison D1 Yes
- Vanessa Fuentes D2 Yes
- José Velásquez D3 Absent
- 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