Austin ISD Facility Corporation Board Regular Meeting: June 11, 2026

The Austin Independent School District (AISD) Facility Corporation Board held a regular meeting on June 11, 2026, primarily focused on approving the second phase of the Anita Apartments West development project. The board reviewed progress on the first phase, including demolition, asbestos remediation, and infrastructure installation, and discussed plans to begin construction on the second phase later in the year. The project includes 334 residential units with a mix of income-restricted workforce housing aimed at district staff and the broader community. Key financial partners include Clarion Partners as the equity provider and Frost Bank as the construction lender. The board unanimously approved the resolution authorizing the second phase transaction, enabling financial closing and construction commencement. Additionally, a future agenda item was proposed to develop a conflict of interest policy for board members. No other procurement actions or contract awards were reported during the meeting.