Travis County Commissioners Court
April 22, 2008
Housing Finance Corporation
Let's call to order the Travis County housing finance corporation. One item, consider and take appropriate action on request to execute a partial release of lien on 4508 acers lane in Austin colony owned by Austin habitat for humanity, incorporated.
>> good afternoon. I’m harvey Davis, manager of the corporation. This is similar to a request they made last February when the corporation released the lien on two lots in that subdivision, and this relates to a forgivable loan the corporation -- $100,000 forgivable loan the corporation made to Austin habitat in July 2006. And the corporation has a lien on eight lots and we're releasing the liens as Austin habitat sells the homes to qualified home buyers. So our recommendation is that the board approve their request.
>> I move approval of that.
>> second.
>> how many lots are left now?
>> five.
>> five are left now.
>> five.
>> that they need to -- and once that's done, it will be a full release at that time.
>> right.
>> on the properties.
>> discussion? All in favor? That passes by unanimous vote.
>> move adjourn.
>> second.
>> all in favor? That carries unanimously also.
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Last Modified:
Wednesday, April 23, 2008 8:51 PM