Item 12 Passedunofficial
In plain language — from the agenda backup
This item authorizes a one-year service agreement with the Austin Housing Finance Corporation to run the City's various housing programs during Fiscal Year 2026-2027. The AHFC handles the day-to-day management and operation of these programs on Austin's behalf. The agreement is set at an amount not to exceed $90,506,483, funded through the City's Operating and Capital Budgets.
The official agenda language
Authorize negotiation and execution of a one-year service agreement with the Austin Housing Finance Corporation to manage and operate various housing programs on the City’s behalf during Fiscal Year 2026-2027 in an amount not to exceed $90,506,483. Funding: Funding in the amount of $90,506,483 is available in the City’s Operating and Capital Budgets.
"The consent agenda again, I'll read it is 12, 13, 14, 15, 16, 17, 18, 20, 21 and 22 is adopted unanimously" — meeting transcript (unofficial)