Austin Highland DMA Housing, LLC

Authorizes negotiation and execution of a loan agreement of up to $5.2 million with Austin Highland DMA Housing, LLC for The Maven, a multifamily rental development at 618 East Highland Mall Boulevard. Funded by 2022 General Obligation Bonds in the Austin Housing Finance Corporation capital budget.

Authorize negotiation and execution of a loan agreement and related documents with Austin Highland DMA Housing, LLC, or an affiliated entity, in an amount not to exceed $5,200,000 for a multifamily re

The Council will consider supporting Austin Highland DMA Housing, LLC's application for competitive 9% Low Income Housing Tax Credits to construct The Maven affordable housing development near East Highland Mall Boulevard.

Approve a resolution supporting the application by Austin Highland DMA Housing, LLC, or an affiliated entity, for the allocation of competitive 9% Low Income Housing Tax Credits for the construction o