City offers capacity-building grants to CDCs

In recognition of the economic pressures that are forcing so many people to move out of the city, Austin is offering grants to help community development corporations build their capacity to develop ways to mitigate displacement and increase the availability of affordable housing units. The Austin Housing Finance Corporation will be awarding the grants in spring 2020 in amounts from $5,000-$50,000 spent over 12 months. According to an announcement from AHFC, “The initiative will help neighborhoods experiencing displacement, or are at risk of displacement, to develop capacities and programs to address affordable housing and amenities specific to their neighborhoods.” Learn more about the application process and check eligibility guidelines here (PDF).