Austin Housing Finance Corporation, October 8, 2026
Approves AHFC bonds up to $33M for Elm Ridge Apartments rehabilitation, unanimous
What happened
The Austin Housing Finance Corporation Board approved, without objection, a resolution authorizing up to $33 million in AHFC multifamily housing revenue bonds to Elm Ridge Preservation LP for the acquisition and rehabilitation of the 130-unit Elm Ridge Apartments at 1190 Airport…
- Jurisdiction
- Austin, TX
- Governing body
- Final authority
- Date
- October 8, 2026
- Decisions
- 3 zoning decisions
- Outcome
- Approved, unanimous
Free sample: decision 1 of 3
AHFC bonds up to $33M for Elm Ridge Apartments rehabilitation
Resolution authorizing issuance of AHFC multifamily housing revenue bonds up to $33 million to Elm Ridge Preservation LP for acquisition and rehabilitation of Elm Ridge Apartments, an existing 130-unit complex at 1190 Airport Boulevard in District 1; all 130 units income restricted at 30% MFI. Adopted on consent without objection; motion by Board Member Siegel, seconded by Board Member Harper-Madison.
The other decisions are listed below by title. The full write-up, verbatim conditions, and the audio at each vote are in Pro.
Meeting Summary
The Austin Housing Finance Corporation Board approved, without objection, a resolution authorizing up to $33 million in AHFC multifamily housing revenue bonds to Elm Ridge Preservation LP for the acquisition and rehabilitation of the 130-unit Elm Ridge Apartments at 1190 Airport…
Key Decisions (3)
AHFC bonds up to $33M for Elm Ridge Apartments rehabilitation
Public hearing on Elm Ridge Apartments bond issuance
Go Repair home repair program contract amendment
Development Activity (1)
Elm Ridge Apartments acquisition and rehabilitation
Residential
Market Signals (2)
Housing Demand
Austin continues to use AHFC tax-exempt bond financing to preserve…
Housing Demand
Austin expanded GO Bond-funded home repair funding by $10M to…
Who Spoke (3)
Meeting Intelligence Preview
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