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File #: 24-4141   
Type: Public Hearing Status: Agenda Ready
File created: 2/22/2024 In control: City Council
On agenda: 3/21/2024 Final action:
Title: Conduct a public hearing and consider a resolution related to an application by Austin Leased Housing Associates V, LLLP, 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.
Indexes: District 2
Attachments: 1. Draft Resolution, 2. Backup, 3. Recommendation for Action
Date Action ByActionAction DetailsMeeting Details
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Posting Language
Title
Conduct a public hearing and consider a resolution related to an application by Austin Leased Housing Associates V, LLLP, 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.

De
Lead Department
Housing Department.

Fiscal Note
This item has no fiscal impact.

Prior Council Action:
March 7, 2024 - Council set a public hearing for March 21, 2024, regarding an application by Austin Leased Housing Associates V, LLLP, 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.

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 c...

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