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Housing
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…
Housing • By Chad Swiatecki • Dec 10, 2019
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…
Housing • By Chad Swiatecki • Dec 4, 2019
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…
Housing • By Chad Swiatecki • Dec 2, 2019
Anti-displacement advocates seek $2 billion from tech giants to fund housing
A new consortium of community activists has challenged Austin’s biggest technology employers to step forward with $2 billion to fund programs and nonprofits committed to fighting displacement of working-class residents. The Development Without Displacement Coalition held its first press conference…
Housing • By Chad Swiatecki • Nov 21, 2019
Apartment owners, managers learn about options for voucher users in housing crunch
Owners and managers of rental properties throughout Austin recently met with representatives from local housing organizations to learn about the options for making housing units available for those at risk of becoming homeless. An Oct. 31 panel organized by the…
Housing • By Chad Swiatecki • Nov 14, 2019
Council OKs tax credits for affordable housing
Council gave its blessing Thursday to an application for low-income housing tax credits issued through the Texas Department of Housing and Community Affairs, for the redevelopment of a 62-unit affordable housing project to be known as the Oaks on North…
Housing • By Jo Clifton • Nov 4, 2019
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Affordable housing takes a few steps forward
Housing prices continue to climb in Austin as more people move to the music and tech mecca of Texas. According to Zillow, the median home value in Austin is $372,200, while the median list price is $399,000. In adopting its…
Housing • By Jo Clifton • Oct 10, 2019
North Lamar Mobile Home Park residents protest landlord negligence
The city of Austin has been working to tackle gentrification head-on through stabilizing mobile home parks throughout the city. This is one avenue to ensure that residents are able to stay, but there are other ways besides incongruent zonings and…
Housing • By Jessi Devenyns • Aug 21, 2019
City tightens standards for housing development assistance loans
The Austin Housing Finance Corporation plans to be more selective with loan applications and partnerships for its Rental Housing Development Assistance and Ownership Housing Development Assistance programs in the coming years. The programs offer loans to developers promising housing units…
Housing • By Ryan Thornton • Aug 15, 2019
City finds almost 7,000 unregistered short-term rentals, with enforcement on the way
A vendor hired by the city to determine the number of short-term rental properties active on platforms such as Airbnb and VRBO told the Austin Monitor there are close to 11,000 operators, with less than a quarter of them licensed…
Housing • By Chad Swiatecki • Jul 23, 2019
Disability committee pushes city to help address evictions
Advocates for the disabled community are pushing the city’s departments in charge of housing services to find ways to decrease the number of evictions their community experiences while also adding housing supply designed for accessibility. At this month’s meeting of…
Housing • By Chad Swiatecki • Jul 22, 2019
Families with noncitizens could lose federal housing benefits if HUD proposal moves forward
Tuesday is the last day for public comment on a proposal that could evict or even separate thousands of families with mixed-citizenship status who receive housing assistance in Texas. Since 1980, the U.S. Department of Housing and Urban Development has…
