Meeting of the Austin Housing Finance Corporation (AHFC) Board of Directors
September 12, 2005
This meeting was postponed.

The meeting was postponed to 9/29/2005.

There are no Agenda or Minutes documents available for this meeting.

Agenda Items

Item AHFC001 - September 12, 2005

Approve a resolution approving the Fiscal Year 2005-2006 Austin Housing Finance Corporation Grant Operating Budget in the amount of $13,377,832 and Housing Assistance Fund Budget in the amount of $1,370,753 for a total budget not to exceed $14,748,585, and the named housing programs; directing staff to develop program guidelines for the named housing programs for Fiscal Year 2005-2006; and establishing administrative approval limits for the General Manager. (The sources to fund the annual AHFC budgets include: (a) Grant Operating Budget - $1,143,229 from the Housing Trust; $37,824 from the City UNO-Housing Trust Fund; $830,474 from the City S.M.A.R.T. Housing Capital Improvement Project Fund; $2,654,684 from HUD HOME Program Income; $806,259 from the HUD Community Development Block Grant revolving fund; and $2,472,433 HUD Community Development Block Grant, $204,041 HUD-American Dream Down Payment Initiative and $4,074,354 from HUD-HOME Investment Partnership Program and (a2) Carryforward form 04-05 for Grant Operating Budget - $433,912 from S.M.A.R.T. Housing Capital Improvement Project Fund, $1,154,534 HUD Community Development Block Grant (b) AHFC Housing Assistance Fund - $1,370,753.)

Work Papers and Other Backup Documentation

  20050912-AHFC001, Agenda Backup,  PDF,  228kb

Item AHFC002 - September 12, 2005

Approve a resolution approving the Fiscal Year 2005-2006 Austin Housing Finance Corporation Grant Operating Budget in the amount of $13,811,744 and Housing Assistance Fund Budget in the amount of $1,370,753 for a total budget not to exceed $15,182,497, and the named housing programs; directing staff to develop program guidelines for the named housing programs for Fiscal Year 2005-2006; and establishing administrative approval limits for the General Manager. (The sources to fund the annual AHFC budgets include: (1) Grant Operating Budget-New Funding [listed on Exhibit A1] - $1,143,229 from the Housing Trust Fund; $37,824 from the City UNO-Housing Trust Fund; $830,474 from the City S.M.A.R.T. Housing Capital Improvement Project Fund; $2,654,684 from HUD HOME Program Income; $806,259 from the HUD Community Development Block Grant revolving fund; $2,472,433 from the HUD Community Development Block Grant; $204,041 from the HUD American Dream Down Payment Initiative; and $4,074,354 from the HUD HOME Investment Partnership Program, (2) Grant Operating Budget-Carryforward Funding [listed on Exhibit A2] - $433,912 from the S.M.A.R.T. Housing Capital Improvement Project Fund; and $1,154,534 from the HUD Community Development Block Grant, and (3) the AHFC Housing Assistance Fund [listed on Exhibit B] - $1,370,753.)

There are no documents available for this agenda item.

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