Posting Language
Title
Authorize negotiation and execution of a one-year contract with the Housing Authority of the City of Austin to fund and administer the Tenant Based Rental Assistance Program, which provides housing opportunities through subsidies to families and individuals experiencing homelessness, in an amount not to exceed $1,280,112, with four one-year extension options, each in an amount not to exceed $1,280,112, for a total contract amount not to exceed $6,400,560. Funding: It is anticipated that funding in the amount of $1,280,112 will be available in the Fiscal Year 2025-2026 Operating Budget of the Austin Housing Finance Corporation through federal HOME Investment Partnership Program funds. Funding for each extension option is contingent upon available funding in future budgets.
De
Lead Department
Austin Housing Finance Corporation.
Fiscal Note
It is anticipated that funding in the amount of $1,280,112 will be available in the Fiscal Year 2025-2026 Operating Budget of the Austin Housing Finance Corporation through federal HOME Investment Partnership Program funds. Funding for each extension option is contingent upon available funding in future budgets.
For More Information:
Mandy DeMayo, Treasurer, Austin Housing Finance Corporation, 512-974-1091.
Council Committee, Boards and Commission Action:
March 07, 2024 - The Austin Housing Finance Corporation (AHFC) Board approved negotiation and execution of an amendment to the agreement with the Housing Authority of the City of Austin (HACA) to fund and administer the Tenant Based Rental Assistance (TBRA) Program in an amount not to exceed $175,000, for a total contract amount not to exceed $1,467,971.
December 14, 2023 - The AHFC Board approved a 12-month contract with HACA to fund and administer the TBRA Program in the amount of $1,292,971.
December 8, 2022 -The AHFC Board approved an 11-month contract with HACA to fund and administer the TBRA Program in the amount of $1,264,779.
December...
Click here for full text