Posting Language
Title
Set a public hearing related to an application by Austin Leased Housing Associates V, LLP, or an affiliated entity, for housing tax credits for a multi-family development to be financed through the private activity bond program and to be known as Sage at Franklin Park, located at or near 4605 South Pleasant Valley Road, Austin, Texas 78744. (Suggested date: Thursday, March 21, 2024, Austin City Hall, 301 West 2nd Street, Austin, Texas 78701).
De
Lead Department
Housing Department.
Fiscal Note
This item has no fiscal impact.
Prior Council Action:
November 3, 2022 - Council approved an ordinance amending City Code Title 25 by rezoning property locally known as 4500 Nuckols Crossing Road (Williamson Creek Watershed) from Single Family Residence - Standard Lot - Neighborhood Plan (SF-2-NP) Combining District, Family Residence - Neighborhood Plan (SF-3-NP) Combining District, Multifamily Residence Low Density - Neighborhood Plan (MF-2-NP) Combining District, and Multifamily Residence Medium Density - Neighborhood Plan (MF-3-NP) Combining District to Multifamily Residence Medium Density - Neighborhood Plan (MF-3-NP) Combining District.
For More Information:
Mandy DeMayo, Interim Director, Housing Department, 512-974-1091; Angela Means, Interim Deputy Director, Housing Department, 512-974-1534.
Council Committee, Boards and Commission Action:
September 21, 2023 - The Austin Housing Finance Corporation (AHFC) Board approved an inducement resolution related to an application for private activity bond financing authorizing an allocation of up to the greater of 1.7 percent of the state ceiling or $50,000,000 in private activity volume cap multi-family non-recourse bonds to Austin Leased Housing Associates V, LLLP or an affiliated entity, for a proposed affordable multi-family development to be known as Sage at Franklin Park, located at or near 4500 Nuckols Crossing Road, Austin, Texas 78744.
January 26, 2023 - The AHFC Board approved an inducem...
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