Posting Language
Title
Authorize negotiation and execution of all documents and instruments necessary or desirable to grant in fee simple Lot 2, Block A, 900 Gardner, a subdivision in the City of Austin, Travis County, Texas, according to the plat thereof recorded in Document No. 202200314 of the Official Public Records, Travis County, Texas, located at or near 800 Gardner Road, Austin, Texas 78721, to Guadalupe Neighborhood Development Corporation for the development of approximately 27 affordable ownership units. This item has no fiscal impact.
De
Lead Department
Austin Housing Finance Corporation.
Fiscal Note
This item has no fiscal impact.
Prior Council Action:
November 4, 2021: City Council authorized negotiation and execution of all documents and instruments necessary or desirable for the sale of approximately 2.798 acres, more or less, in fee simple, being a portion of an approximate 44.45-acre tract of land, out of the J.C. Tannehill League Survey No. 29, in Travis County, Texas, generally located at 7201 Levander Loop, Austin, Texas to the Austin Housing Finance Corporation, in an amount not to exceed $550,000, including closing costs
For More Information:
Mandy DeMayo, Treasurer, Austin Housing Finance Corporation 512-974-1091
Council Committee, Boards and Commission Action:
September 17, 2020: Austin Housing Finance Corporation (AHFC) awarded the 900 Gardner Road Request for Proposal to the Vecino Group and Guadalupe Neighborhood Development Corporation (GNDC).
November 4, 2021: AHFC authorized the negotiation and execution of all documents and instruments necessary or desirable to acquire approximately 2.798 acres for affordable housing purposes, located at or near Gardner Road and Levander Loop, in an amount not to exceed $550,000, including closing costs.
Additional Backup Information:
AHFC acquired approximately 8.2 acres of surplus land located on the Austin Public Health campus from the City of Austin (City) via two transactions in 2014...
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