Tag Archives: affordable housing

Tuesday, September 22, 2020 by Daniel Salazar

Affordable housing proposals advance after outcry over gentrification, institutional racism

Charges of institutional racism and bias in housing policy engulfed a pair of votes at the Austin Housing Finance Corporation Board of Directors meeting Thursday.The board, which is made up of all of the members of the Austin City Council,…

Wednesday, September 9, 2020 by Daniel Salazar

Thousands of potential units in projects certified so far under Affordability Unlocked program

A city bonus program to spur more affordable housing has already played a role in several income-restricted projects across Austin.Neighborhood Housing and Community Development Department staff and affordable housing developers provided an update on the Affordability Unlocked program to City…

Wednesday, September 9, 2020 by Ryan Thornton

City unveils affordable housing and transit dashboard ahead of Project Connect

With a historic investment in public transit and affordable housing on the Nov. 3 ballot, the Neighborhood Housing and Community Development Department has launched an interactive map to track proximity of income-restricted housing stock to potential stations along the city’s…

Wednesday, April 29, 2020 by Jessi Devenyns

Govalle neighborhood looks for compromise in affordable housing project

The city of Austin owns 5 acres of land on three adjacent properties at 1127-1131 Tillery St. Two of those acres are home to a grove of pecan trees that some in the neighborhood worry are in danger of being…

Tuesday, April 14, 2020 by Ryan Thornton

City aims to fast-track displacement prevention program as Covid-19 destabilizes residents

The Neighborhood Housing and Community Development Department is attempting to accelerate progress on the first effort of its Displacement Prevention programs as more households find themselves unable to pay monthly rent or home mortgages due to Covid-19.Erica Leak, policy and…

Monday, April 6, 2020 by Chad Swiatecki

Workforce housing group raising funds to assist residents in need

The nonprofit group Affordable Central Texas is looking to raise $125,000 to assist residents in the three apartment complexes owned by the Austin Housing Conservancy Fund, which was created to preserve workforce housing in the Austin area.The ACT Together Fund…

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…

Wednesday, December 11, 2019 by Chad Swiatecki

Council looks at legal options after appeals court throws out housing voucher challenge

Members of City Council have criticized a recent decision by the 5th U.S. Circuit Court of Appeals to throw out the city’s lawsuit against state Attorney General Ken Paxton over a state law passed in 2015 that prevents cities from…

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…

Thursday, November 21, 2019 by Chad Swiatecki

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 Wednesday…

Thursday, November 14, 2019 by Chad Swiatecki

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 Austin…

Friday, November 8, 2019 by Ryan Thornton

Planning Commission links impervious cover to affordable housing

The Land Development Code draft relies heavily on expanded affordable housing bonus opportunities to reach its nearly 400,000-unit capacity. Altogether, the bonuses would net just under 180,000 units, with about 9,000 of those income-restricted. But site regulations like impervious cover…

Monday, November 4, 2019 by Jo Clifton

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…

Thursday, October 10, 2019 by Jo Clifton

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 Strategic…

Thursday, September 12, 2019 by Jo Clifton

$7.7 million added to housing trust fund

Council agreed during Tuesday’s budget meeting to more than double the funds in the city’s housing trust fund, by adding $5 million for rental housing development assistance and $2.7 million for a new home repair program. The trust fund now…

Wednesday, August 21, 2019 by Jessi Devenyns

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…

Thursday, August 15, 2019 by Ryan Thornton

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 for…

Monday, July 22, 2019 by Chad Swiatecki

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 the…

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