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Housing
85 families at affordable apartment complex told they must leave due to winter storm damage
More than 85 families at an affordable housing complex in Southeast Austin are being evicted this month after the management company told them it needs to do repairs caused by February’s winter storm. Capstone Real Estate Services, which manages Rosemont…
Housing • By Claire McInerny, KUT • Jul 8, 2021
Home prices in Austin rose $100,000 in six months. When will the surge end?
When Amanda Traphagan was selling her Austin home in April, she and her husband joked that only a wealthy celebrity would be able to offer a significant amount over what they were asking. “We were making jokes about Elon Musk…
Housing • By Audrey McGlinchy, KUT • Jun 23, 2021
With the help of city subsidies, over 3,000 affordable homes are in the pipeline
The Housing and Planning Department presented an update on the city’s development subsidy programs for affordable housing at Tuesday’s Housing and Planning Committee. “We know that it’s not enough, but we are proud of seeing that pipeline get filled,” said…
Housing • By Jonathan Lee • Jun 17, 2021
Allow ‘diversity of housing types,' ABoR tells Council
Representatives from the Austin Board of Realtors offered policy recommendations to City Council for ways to slow down the drastic increase in housing prices since the beginning of the pandemic. The latest housing market statistics are “dramatic,” as Jeni Williams, ABoR’s…
Housing • By Jonathan Lee • Jun 16, 2021
Neighbors delay Council’s recommendation of tax credits for affordable housing project
Due to neighborhood concerns, Fox Hollow, an affordable housing project at 2117 Brandt Road in Southeast Austin, will have to wait two more months for City Council to recommend the project for the state’s Low Income Housing Tax Credit program.…
Housing • By Jonathan Lee • Jun 4, 2021
Espero at Rutland offers hope for the homeless
At next week’s meeting, City Council, acting as the board of directors of the Austin Housing Finance Corporation, is expected to approve funding for a 171-unit supportive housing development at 1934 Rutland Drive. In building and operating Espero at Rutland, AHFC…
Housing • By Jo Clifton • May 26, 2021
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Report pushes local philanthropies to help solve housing crisis
Austin Community Foundation is encouraging local philanthropic organizations to get more involved in addressing the housing affordability crisis in Central Texas, considered the root cause of the area’s growing homeless population. A recently released report, “Housing Affordability in Central Texas,”…
Housing • By Chad Swiatecki • May 19, 2021
Council approves rezoning for Foundation Communities project, quashing valid petition
A 100 percent affordable apartment project is coming soon to Southeast Austin. City Council has approved a rezoning for the Parker Apartments, a project by affordable housing developer Foundation Communities with 135 income-restricted units catering to families. Council members voted…
Housing • By Jonathan Lee • May 11, 2021
Working-class housing fund eyes more acquisitions as demand, cost pressures grow
An investment fund focused on preserving working-class housing in Austin is nearing its first property acquisition of 2021, and moving ahead with its reactivation after the slowdown in 2020 caused by the Covid-19 pandemic. The Austin Housing Conservancy Fund is…
Housing • By Chad Swiatecki • May 6, 2021
As housing prices soar, corporations exploit legal paths to challenge appraisals
The Travis County Commissioners Court fielded a discussion Tuesday from the Travis Central Appraisal District that touched on a number of issues, from legislative outlook related to property appraisal reform to Austin’s meteoric growth and its effects on the state of…
Housing • By Seth Smalley • May 5, 2021
On the heels of Prop B, housing committee supports rehousing 3,000 people in 3 years
The Housing and Planning Committee on Monday supported the main goal of Austin’s recent homelessness summit – rehousing 3,000 people experiencing homelessness within three years. The committee voted unanimously to recommend City Council approve a resolution turning the goal, created by…
Housing • By Jonathan Lee • May 4, 2021
After yearlong ban, Austin and Travis County will let some landlords file evictions starting in June
Lee esta historia en español. Austin-area renters who have not paid rent for five months or more and have exhausted all rent assistance will once again be subject to eviction beginning June 1. Most other residential tenants and some commercial…