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Tag Archives: affordable housing

Austin will spend $87 million on property in Southeast Austin for affordable housing

City Council voted Thursday to spend $87 million to buy 107 acres of land in Southeast Austin for affordable housing. Tokyo Electron, which makes semiconductors and display production equipment, announced in February that it was moving from the site. The city…

A push for more affordable housing falls flat at Planning Commission

A new tower planned for downtown sparked debate about Austin’s density bonus program at the most recent meeting of the city’s Planning Commission. The density bonus program essentially trades increased development entitlements for a number of community benefits, including things…

Council gets briefed on improved path to affordable housing

Now that the state Legislature has added more guardrails to a financing mechanism for affordable housing developments, Austin officials are exploring how to proceed with plans to put more housing on the ground under the welcomed reforms. At its work…

AHFC approves $50M to fund more than 1,000 affordable, permanent supportive housing units

The city has approved more than $50 million in housing funds that will create more than 1,000 units of affordable housing, hundreds of which will serve as permanent supportive housing for people who are currently homeless. Last week, the Austin…

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Austin apartments boomed and rents went down. Now, some builders are dismantling the cranes.

Ben Schwertner won’t pay next month’s rent. The 28-year-old from Lubbock isn’t forgoing payment out of protest or because he can’t afford it. He’s not paying because he doesn’t have to. When Schwertner signed a lease for a one-bedroom apartment…

Council appears headed for pause on HealthSouth redevelopment plans

Members of City Council suggested Tuesday they’re inclined to hold off on selecting any redevelopment plans for the former HealthSouth site, in part because of the current real estate pipeline in the surrounding area and continued high interest rates that…

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Social services, housing policies seen as national challenges in addressing homelessness

Leaders in the movement to provide housing for homeless people agree there are more resources from the private, philanthropic and public spheres to fund projects, but the challenges of managing many demands and community priorities continue to slow their progress.…

Committee hears about need for more rental assistance money

Members of the City Council Housing and Planning Committee heard about the dire straits that many renters face, not just in Austin but across the country. Community displacement prevention officer Nefertitti Jackmon told the committee on Tuesday that the program…

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Travis County embraces proposed Burleson Studios project

On the heels of a difficult vote on an increasingly controversial initiative for a survey on homelessness, housing once again topped the agenda at the Travis County Commissioners Court on Feb. 6. The court considered two motions on Burleson Studios, a transitional…

HealthSouth redevelopment scenarios spell out options for affordable housing downtown

The Housing Department has presented City Council with the four scenarios most likely to spur redevelopment of the former HealthSouth site on the eastern edge of downtown. A memo from Housing Director Mandy DeMayo spells out for Council the findings…

Austin gave families $1,000 a month for a year. Most of the money was spent on housing.

People who received $1,000 a month from the city of Austin for a year spent the bulk of the cash on housing, according to a new study. Cities across the country, including Cambridge, Mass., and Ann Arbor, Mich., have begun…

A dozen affordable housing projects face tight race for state tax credits

On Thursday, City Council will consider plans for 11 housing developments across the city that could receive state money to fund the creation of affordable housing. Nearly 1,100 units are in the works for the projects, which if approved will…

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