Why did The City of Austin create the AHFC as the production arm for housing in Austin?
AHFC was the perfect vehicle for the operation of the Citys housing programs because: • AHFC is an established non-profit • AHFC has more flexibility to act on the development of housing • It puts AHFC in the drivers seat to negotiate joint ventures and partnerships by providing the working capital.
Related Questions
- What are the potential benefits of combining the financial capabilities of the City of Austin and the AHFC for increasing housing production in Austin?
- Why did The City of Austin create the AHFC as the production arm for housing in Austin?
- How will AHFC support the development of non-profit housing providers in Austin?
