Housing

Tuesday, February 25, 2020 by Chad Swiatecki

City looks to hike fees on downtown developers opting out of affordability requirements

The city has proposed increasing the fees paid by downtown developers looking to add density to their construction projects but opting not to include affordable units in the buildings.At last week’s Downtown Commission meeting, a presentation on the plan to…

Tuesday, January 21, 2020 by Chad Swiatecki

Fannie Mae award will bring services to Montopolis affordable housing project

The federal housing lender Fannie Mae has awarded $555,000 to a local affordable housing nonprofit to help add health care and educational services to a project that will bring 90 new housing units to the Montopolis neighborhood.The Guadalupe Neighborhood Development…

Tuesday, January 14, 2020 by Chad Swiatecki

State empowerment zones seen as wrong tool for city to preserve affordable housing

The city’s Neighborhood Housing & Community Development Department has opted not to use a state statute created to encourage infill development as a method for preserving affordable housing stock, instead choosing to enter into direct partnerships with developers using city…

Tuesday, December 10, 2019 by Chad Swiatecki

Workforce housing conservancy lands first bank investor, with $500,000 pledged

A $500,000 investment from Texas Capital Bank, announced last week, marks the first money from a large financial institution put into a fund created to preserve workforce housing units around Austin.In addressing the investment in the Austin Housing Conservancy Fund…

Wednesday, December 4, 2019 by Chad Swiatecki

Affordability committee moves forward as Realtor group sounds home price alarm

Members of the Regional Affordability Committee are continuing their work updating the group’s strategic plan for improving housing options, while another group tied to the Austin housing market has called for decisive action to keep housing prices from growing at…

Monday, December 2, 2019 by Chad Swiatecki

ULI sees progress on affordability, with drawbacks, in latest LDC draft

Urban Land Institute Austin has weighed in on the draft Land Development Code, with a white paper that asserts the city’s proposed changes in housing types, design standards and affordable housing programs won’t go far enough to add enough new…

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