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 individuals and families experiencing homelessness, in an amount not to exceed $1,419,448, with four one-year extension options contingent upon the availability of funds in future years through the HOME Investment Partnership Program. Funding: $1,419,448 is available in the Fiscal Year 2025-2026 Operating Budget of the Austin Housing Finance Corporation through federal HOME Investment Partnership Program funds.
De
Lead Department
Housing Department.
Fiscal Note
Funding in the amount of $1,419,448 is 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:
May 8, 2025 - The Austin Housing Finance Corporation (AHFC) Board authorized negotiation and execution of a one-year contract with the Housing Authority of the City of Austin (HACA)to fund and administer the Tenant Based Rental Assistance (TBRA) 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.
March 07, 2024 - The AHFC Board approved negotiation and execution of an amendment to the agreement with the HACA to fund and administer the 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-mo...
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