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Housing

As shutdown drags on, low-income housing providers in Austin worry funding for rent could run out

Prak Property Management Inc. has been digging into savings to keep some of its low-income properties in Austin running. “It’s like a savings account that every month we are required to put a certain amount of dollars into for things…

Arbitrator rules against city contractor in home repair case

An independent arbitrator has ruled in favor of a homeowner who accused a contractor hired by the city of not doing the necessary work to repair her home and ultimately leaving her house in worse shape than it was originally.…

After being stymied by Abbott, Council moves ahead on east side housing initiative

Hobbled by Gov. Greg Abbott in their attempts to create more homestead preservation districts that would set aside tax revenue for affordable housing in gentrifying areas, a number of City Council members are trying to maximize the impact of the…

Council members offer mixed reviews of displacement task force recommendations

City Council took its first look Tuesday at a long list of recommendations from a task force focused on reducing displacement of Austin’s low- and middle-income populations. The report that was unanimously approved by the Anti-Displacement Task Force includes 107…

Real estate group backs land trusts to preserve affordable housing

With Austin voters about to decide whether the city commits $250 million to increase the local supply of affordable housing, a real estate research group has come out in strong support of cultural land trusts as a tool to prevent…

Austin skyline

'Prop A' could bring unprecedented investment in affordable housing in Austin

Austin voters will decide this November on the fate of seven bond propositions totaling $925 million. Proposition A asks voters to decide on a $250 million bond for affordable housing. If approved, the proposition would provide money for the city to build, repair and…

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Council debates how to convert downtown property into affordable housing

Almost every member of City Council agrees that the city should use two pieces of prime downtown real estate for affordable housing. However, questions and potential disagreements remain about how the land should be used to provide housing. Some Council…

Resolution would start push for affordable housing on former HealthSouth property

On Thursday, City Council will vote on taking the first step in redeveloping the former HealthSouth property on Red River Street, which has been identified by many as a potential site for the city to create affordable housing units. At…

With first acquisition, workforce housing fund looks for capital to grow

A real estate investment fund aimed at preserving Austin’s fast-disappearing supply of workforce housing announced the acquisition of its first 308-unit rental property in North Austin. The Austin Housing Conservancy recently closed on the Preserve at Wells Branch in a…

Low-income housing project advancing in Northwest Austin

An affordable housing development that has drawn fierce opposition from nearby residents in North Austin is one step closer to realization. The proposed Elysium Grand apartments at 3300 Oak Creek Drive, just west of MoPac Expressway, will include 90 units.…

Fewer Austin residents are burdened by housing costs, but many still struggle

Austin is slowly making progress toward becoming a more affordable city, according to a new analysis, but many residents are still finding it difficult to pay for housing. The report released Wednesday by the nonprofit HousingWorks Austin finds that compared…

Affordable housing crisis: To conserve or to create?

As Austin struggles with an ongoing shortage of affordable housing, some housing activists and elected officials believe the city’s top priority should be creating new housing, both by allowing the market to build new units that target various income levels…

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