Item AHFC002 Passed 10-0

Item AHFC002 — Thursday, May 7, 2026

How it affects me: If you use Austin Housing Finance Corporation, this item lists $33,000,000.

Current official agenda wording

Approve an inducement resolution related to an application for private activity bond financing that authorizes an allocation of up to $33,000,000 in private activity volume cap multifamily non-recourse bonds to Elm Ridge Preservation, LP, or an affiliated entity, for a proposed rehabilitation of an affordable multifamily development known as Elm Ridge Apartments, located at 1190 Airport Boulevard, Austin, Texas 78702. Funding: Up to $33,000,000 of private activity bonds may be issued by the Austin Housing Finance Corporation for this development. These bonds are not obligations of Austin Housing Finance Corporation or the City of Austin, and the full faith and credit of the City of Austin is not pledged to repay these bonds.

The roll call

City of Austin headshots stay on the council page. The City's terms allow personal use of austintexas.gov images, so this roll call shows initials.

Approved 10-0

Member records (11)