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Tag Archives: affordable housing
As rents across the country go up, Austin prices continue to fall
During the pandemic, Austin came to exemplify the story of housing across the country: Prices went through the roof. In 2021, the average monthly rent in the region rose 25 percent. Similar increases happened in cities in California and Arizona.…
Housing • By Audrey McGlinchy, KUT • Sep 11, 2024
City provides updates on financial, anti-displacement efforts related to HOME initiatives
The city has started to make a series of moves intended to make it easier for middle- and low-income residents to build accessory dwelling units and generate new income from properties that are now able to host more housing. Last…
Housing • By Chad Swiatecki • Sep 9, 2024
Left waiting: Rally Austin pushes for city action on four sites ID'd for redevelopment
Representatives of the economic entity created by City Council to speed up development of city real estate assets in support of affordable housing said they’re being stymied by inaction that’s holding back work on at least four high-profile sites. In…
Housing • By Chad Swiatecki • Aug 26, 2024
Project Connect anti-displacement funding gets close look from Community Development Commission
Members of the Community Development Commission have requested more information from city staff about the decision-making process for spending Project Connect funds intended to preserve or create affordable housing near the mass transit system. Last week, the commission received a…
Housing • By Chad Swiatecki • Aug 20, 2024
Builders can now construct homes on less land, as Austin’s new minimum lot size goes into effect
A controversial rule that lowers the amount of land needed to build one house in Austin goes into effect Friday. Landowners wanting to build a home in some city neighborhoods will now need 1,800 square feet of land, about two-thirds…
Housing • By Audrey McGlinchy, KUT • Aug 16, 2024
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Planning Commission OKs affordable Sunset Ridge site plan in District 8
A plan to build affordable housing on Southwest Parkway continues to move forward, despite continued opposition from surrounding neighborhoods and the Save Our Springs Alliance. “There’s always a reason to stop housing. There’s always an excuse to sue to stop…
Planning • By Elizabeth Pagano • Aug 7, 2024
Rents in Austin are down. But many renters still struggle to find housing they can afford.
When the rent payment on Leigh Vladyka’s Austin apartment comes out of his bank account, he tries to avoid looking. Each month, almost half of his take-home pay goes to rent. Nearly $1,600 gone from the $3,400 deposited. And there…
Housing • By Audrey McGlinchy, KUT • Aug 6, 2024
As construction slowdown continues, a new workforce housing project takes shape
While the pipeline for multifamily housing projects has slowed severely since the end of 2023 in Austin, a local developer has announced something of a rarity: a new 110-unit project aimed primarily at workforce and middle-income residents. Earlier this week,…
Housing • By Chad Swiatecki • Aug 2, 2024
Austin has a high rate of segregation between homeowners and renters, study finds
Renters and homeowners in the Austin metro live more sequestered from each other than in other U.S. cities, according to a study from Harvard University released last week. The Austin area has one of the highest levels of renter and homeowner…
Housing • By Audrey McGlinchy, KUT • Jun 25, 2024
Planning Commission wants housing for older adults on city land near transit lines
The Planning Commission wants City Council to prioritize creating senior and disabled-accessible housing units on city-owned land located near transit corridors, with a priority given to equitable transit-oriented developments, or ETODs, throughout the area. At a meeting last week, the…
Housing • By Chad Swiatecki • Jun 18, 2024
Audit finds office-to-residential conversions a bad fit for most local real estate
A recent audit by the Office of the City Auditor looking at the possibilities for converting vacant office spaces into housing stock has found the practice known as adaptive reuse is likely a poor fit for office buildings mostly constructed…