Approve a resolution consenting to the issuance of multi-family private activity bonds by Austin Affordable PFC, Inc., an affiliate of the Housing Authority of the City of Austin, in an amount not to exceed $40,000,000 to finance, in part, the new construction of an affordable rental development to be known as Cameron HiLine, located at or near 1124 Clayton Lane, Austin, Texas, 78723. Funding: Approving the issuance of these bonds does not constitute any obligation of the City with respect to repayment of the bonds.
25-1327 · Consent · Passed