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  1. Departments
  2. Housing Department
  3. Public Hearing Notice Regarding the Issuance of Bonds - Sycamores at Pleasant Valley

Public Hearing Notice Regarding the Issuance of Bonds - Sycamores at Pleasant Valley

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City of Austin Seal

City of Austin

FOR IMMEDIATE RELEASE
Release Date: Aug. 12, 2025
Contact: Housing Department     5129743100    Email

PUBLIC HEARING NOTICE REGARDING THE ISSUANCE OF BONDS

The Austin Housing Finance Corporation (the "Issuer") will hold a public hearing at 10:30 a.m. on August 28, 2025, at 301 W. Second Street, Austin, Texas 78701.  

Among the items to be discussed will be a proposal for the issuance by the Issuer of bonds (the "Bonds") the proceeds of which will be loaned to 5900 Pleasant Valley, LP, a Texas limited partnership (the "Borrower"), or an affiliate thereof, to provide construction and permanent financing for the leasing, acquisition, construction, and equipping of an approximately 75-unit multi-family residential rental project to be known as Sycamores at Pleasant Valley located at 5901 Pleasant Valley Road in Austin, TX (the "Project") for individuals and families of low and moderate income.  

The maximum aggregate face amount of the Bonds is anticipated to be $25,000,000. All interested parties are invited to submit written comments to the Issuer prior to the time set for the public hearing or to attend the public hearing and express any comments they may have regarding the Project or the Bonds. 

Speaker registration information will be the same as for the regular City Council meeting, and instructions will be available on the Council Meeting Information Center Home website.

 

AUSTIN HOUSING FINANCE CORPORATION
Mr. Brendan Kennedy
The Street-Jones Building
1000 East 11th Street, 2nd Floor
Austin, TX 78702
Mr. Robert Anderson
The Street-Jones Building
1000 East 11th Street, 2nd Floor
Austin, TX 78702 

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