Posting Language
Title
Authorize the negotiation and execution of a 20-month contract that includes three 12-month contract extension options with each of the following non-profit agencies: American Youthworks, Austin Area Urban League, Austin Habitat for Humanity, Inc., Easterseals Central Texas, Inc., Interfaith Action of Central Texas, Meals on Wheels and More, Inc., and Rebuilding Together Austin to fund and administer the General Obligation Bond Funded Home Repair Program, GO REPAIR!, in an amount not to exceed $7,000,000.
De
Lead Department
Housing and Planning Department.
Fiscal Note
Funding is available in the Fiscal Year 2021-2022 Operating Budget of the Austin Housing Finance Corporation (AHFC). Funding for the 12-month extensions is contingent upon the availability of funding in future budgets. The contract term is estimated to begin February 1, 2022 and end on September 30, 2023, and AHFC retains the right to extend the contract for three additional years. This item has no fiscal impact.
For More Information
Rosie Truelove, Treasurer, Austin Housing Finance Corporation, 512-974-3064; Letitia Brown, Community Development Manager, Housing and Planning Department, 512-974-3132.
Council Committee, Boards and Commission Action
November 14, 2019 - The Austin Housing Finance Corporation Board of Directors approved 13-month contracts with one 12-month extension option.
Additional Backup Information
The GO REPAIR! Program (Program) provides grant funds in an amount up to $20,000 to households that do not exceed 80% of the Austin Median Family Income (MFI), which is currently $79,100 for a family of four. In addition, Austin Housing Finance Corporation (AHFC) will reimburse subrecipients an administrative fee not to exceed 20% per project. A total of approximately 208 unduplicated households will be served per contract year.
Properties must be located within the City limits of Austin. The Program seeks to preserve the exiting housing stock and improve th...
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