Posted inCity Hall

Jobs and redevelopment take center stage in annual economic development report

The Economic Development Department says it supported more than 27,000 jobs and distributed over $54 million in community investments during fiscal year 2024, according to its recently released annual report. The report outlines the department’s evolving priorities, including the transfer of its cultural programs to a new Office of Arts, Culture, Music, and Entertainment and […]

Posted inAustin

Downtown report: Office vacancies up, infrastructure growth continues

Downtown Austin is in a transitional period, with the latest “State of Downtown Austin” report highlighting diverging paths for public and private sector development. The Downtown Austin Alliance’s annual review, now in its seventh year, notes an increase in downtown office vacancies, up to 22 percent versus the 18 percent reported last year. Office vacancies […]

Posted inAustin

City opens $5 million grant round for anti-displacement work

At its meeting last week, the Community Development Commission learned about a newly-launched $5 million grant opportunity aimed at combating displacement and promoting economic mobility near Austin’s Project Connect transit corridors. Housing Department staff explained that the current $5 million solicitation is the final portion of a $15.9 million allocation for fiscal years three through […]

Posted inBudget

Tax rate election seems likely this November

During the City Council Audit & Finance Committee meeting Tuesday, Kerri Lang, director of the city’s budget office, laid out the steps the city would take in deciding whether to submit a request to voters for a property tax increase on the November ballot. At least seven members of Council must vote in favor of […]

Posted inAustin

ACME previews grant updates, community plans at Music Commission meeting

The city’s newly formed Office of Arts, Culture, Music and Entertainment (ACME) is moving forward with a restructuring of cultural funding programs, with plans to complete new grant guidelines by mid-summer, launch applications in August, and distribute funding by early next year. At Monday’s meeting of the Music Commission, assistant director Morgan Messick detailed the […]

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