Approve a resolution consenting to the issuance of multifamily 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 $10,000,000 to finance, in part, the acquisition and rehabilitation of an affordable rental development to be known as Heritage Pointe and to be located at or near 1950 Webberville Road, Austin, Texas 78721. Funding: Consenting to the issuance of these bonds does not constitute any obligation of the City with respect to repayment of the bonds.
25-2139 · Consent · Passed