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Affordable Central Texas gets $150K grant
Wednesday, September 4, 2019 by Tai Moses
Affordable Central Texas, the nonprofit that launched the Austin Housing Conservancy Fund, was the recipient of a $100,000 CommunityWINS grant from the Wells Fargo Foundation. The check was presented to ACT by Austin Mayor Steve Adler, the U.S. Conference of Mayors and Wells Fargo, which donated an additional $50,000 to support the nonprofit’s work. According to a press release, the CommunityWINS grant, which is funded by USCM and the Wells Fargo Foundation, “will be used for an innovative effort to create a scaled housing affordability solution to serve Austin’s workforce.” Said Adler at the check presentation ceremony, “We must preserve multifamily rental housing for middle-class families in order to preserve the diversity of people and cultures and the artistic and creative talent that make our city special. The loss of affordable housing supply in Austin that has come with our growth hits our teachers, medical workers, first responders, artists, musicians and other such workers hardest.”
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