September 12, 2005 Austin Housing Finance Corporation (AHFC) Board of Directors Meeting
Meeting of the Austin Housing Finance Corporation (AHFC) Board of Directors
September 12, 2005
This meeting was postponed.
The meeting was postponed to 9/29/2005.
There are no Agenda or Minutes documents available for this meeting.
Agenda Items
Item AHFC001 - September 12, 2005
Approve a resolution approving the Fiscal Year 2005-2006 Austin Housing Finance Corporation Grant Operating Budget in the amount of $13,377,832 and Housing Assistance Fund Budget in the amount of $1,370,753 for a total budget not to exceed $14,748,585, and the named housing programs; directing staff to develop program guidelines for the named housing programs for Fiscal Year 2005-2006; and establishing administrative approval limits for the General Manager. (The sources to fund the annual AHFC budgets include: (a) Grant Operating Budget - $1,143,229 from the Housing Trust; $37,824 from the City UNO-Housing Trust Fund; $830,474 from the City S.M.A.R.T. Housing Capital Improvement Project Fund; $2,654,684 from HUD HOME Program Income; $806,259 from the HUD Community Development Block Grant revolving fund; and $2,472,433 HUD Community Development Block Grant, $204,041 HUD-American Dream Down Payment Initiative and $4,074,354 from HUD-HOME Investment Partnership Program and (a2) Carryforward form 04-05 for Grant Operating Budget - $433,912 from S.M.A.R.T. Housing Capital Improvement Project Fund, $1,154,534 HUD Community Development Block Grant (b) AHFC Housing Assistance Fund - $1,370,753.)
Work Papers and Other Backup Documentation
20050912-AHFC001, Agenda Backup, PDF, 228kb
Item AHFC002 - September 12, 2005
Approve a resolution approving the Fiscal Year 2005-2006 Austin Housing Finance Corporation Grant Operating Budget in the amount of $13,811,744 and Housing Assistance Fund Budget in the amount of $1,370,753 for a total budget not to exceed $15,182,497, and the named housing programs; directing staff to develop program guidelines for the named housing programs for Fiscal Year 2005-2006; and establishing administrative approval limits for the General Manager. (The sources to fund the annual AHFC budgets include: (1) Grant Operating Budget-New Funding [listed on Exhibit A1] - $1,143,229 from the Housing Trust Fund; $37,824 from the City UNO-Housing Trust Fund; $830,474 from the City S.M.A.R.T. Housing Capital Improvement Project Fund; $2,654,684 from HUD HOME Program Income; $806,259 from the HUD Community Development Block Grant revolving fund; $2,472,433 from the HUD Community Development Block Grant; $204,041 from the HUD American Dream Down Payment Initiative; and $4,074,354 from the HUD HOME Investment Partnership Program, (2) Grant Operating Budget-Carryforward Funding [listed on Exhibit A2] - $433,912 from the S.M.A.R.T. Housing Capital Improvement Project Fund; and $1,154,534 from the HUD Community Development Block Grant, and (3) the AHFC Housing Assistance Fund [listed on Exhibit B] - $1,370,753.)
There are no documents available for this agenda item.
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