Posting Language
Title
Approve a resolution authorizing the execution of an Affordable Housing Program Agreement, Affordable Housing Program documents, and related documents to obtain a $2,000,0000 loan or grant from the Federal Home Loan Bank of Dallas for the development known as The Roz located at or near 3435 Parker Lane, Austin, Texas 78741. This item has no fiscal impact.
De
Lead Department
Austin Housing Finance Corporation.
Fiscal Note
This item has no fiscal impact.
Prior Council Action:
February 9, 2023 - City Council approved Resolution No. 20230209-023 related to an application by The Roz Parkside, LP, or an affiliated entity, for 9% Low Income Housing Tax Credits for a new construction development to be known as The Roz, located at or near 3435 Parker Lane, Austin, Texas 78741, and related to the allocation of housing tax credits within the City and near the proposed development.
For More Information:
Mandy DeMayo, Treasurer, Austin Housing Finance Corporation, 512-974-1091
Council Committee, Boards and Commission Action:
August 31, 2023 - Austin Housing Finance Corporation (AHFC) authorized negotiation and execution of a loan agreement and related documents with The Roz Parkside, LP, or an affiliated entity, in an amount not to exceed $5,500,000 for a multi-family rental development known as The Roz located at or near 3435 Parker Lane, Austin, Texas 78741.
February 23, 2023 - AHFC authorized negotiation and execution of a Housing Assistance Payment Contract and related documents with The Roz Parkside, LP, or an affiliated entity, for 60 Local Housing Vouchers that will pay fair market rent for a multi-family rental development to be known as The Roz, located at or near 3435 Parker Lane, Austin, Texas 78741.
December 21, 2022 - AHFC approved a resolution authorizing the formation of AHFC Mabel Davis Non-Profit Corporation, a Texas nonprofit corporation and instrumentality of the Austin Housing Finance Corporation; approving the form of i...
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