Housing
Real estate trends point toward stable growth even after Austin loses 'supernova' status
While Austin has moved out of the “supernova” growth phase among real estate markets across the nation, real estate and development professionals expect the Central Texas region to remain a hot spot in 2025 for many types of construction and…
Housing • By Chad Swiatecki • Dec 19, 2024
Austin went on a land-buying spree in 2020. So far, little has been built on it.
Lee esta historia en español As Austin was coordinating Covid-19 test centers and trying to secure personal protective equipment at the start of the pandemic, it was also buying land. Lots of it. Thirteen acres by July 2020. Another 3…
Housing • By Audrey McGlinchy, KUT • Dec 18, 2024
After a decline last year, Travis County homeowners should expect a return to rising property taxes
Lee esta historia en español As Austin-area homeowners receive their latest property tax bills this winter, they should expect to see an increase. According to an analysis by the Travis County Tax Office, the average property tax bill this year…
Housing • By Audrey McGlinchy, KUT • Dec 11, 2024
HEB’s $1M donation to fund two affordable housing projects in East Austin
To aid in the construction of affordable housing in East Austin, HEB has announced a $1 million donation to Austin Habitat for Humanity to help fund two new clusters of affordable homes in East Austin. The grocery giant’s contribution will…
Housing • By Chad Swiatecki • Dec 3, 2024
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Eyeing statewide affordability, two new housing conservancy deals include move into Dallas
The Texas Housing Conservancy has closed two new deals for multifamily workforce housing properties, including a Dallas-area acquisition that marks its first step in expanding outside the Austin area. The nonprofit, which was founded five years ago as Affordable Central…
Housing • By Chad Swiatecki • Dec 2, 2024
Austin opens new affordable housing development in Southeast Austin
Lee esta historia en español Just days before Thanksgiving, some older residents have another thing to be thankful for: a safe, affordable place to live. Tucked away in a corner of Southeast Austin sits the city’s newest affordable housing project,…
Housing • By Luz Moreno-Lozano, KUT • Dec 2, 2024
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City Council passes resolution prioritizing co-op housing for older people and people with disabilities
City Council passed a resolution Thursday directing the city manager to prioritize city-owned land for the development of income-restricted, shared-equity housing for older residents and people with disabilities, including options like cooperative housing and community land trusts. The resolution also…
Housing • By Madeline de Figueiredo • Nov 26, 2024
Panelists discuss how to solve Austin's workforce housing crisis
While discussing the housing affordability crisis and its impact on Austin’s essential workers, a local EMS leader captured attention Wednesday morning with her account of how emergency services staff are pushing themselves beyond reasonable limits because of their long commutes…
Housing • By Chad Swiatecki • Nov 21, 2024
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Austin reopens applications for people who need help paying rent
Lee esta historia en español Low-income renters struggling to afford their monthly rent can now apply to get help from the city. Austin has about $3.6 million to dole out, after City Council members approved a new budget earlier this year.…
Housing • By Audrey McGlinchy, KUT • Nov 4, 2024
Report shows more ways for city to help residents become homeowners
Although the city of Austin offers help for low-income residents who wish to become homeowners, that assistance is limited to buyers who earn at or below 80 percent of the local Median Family Income, or MFI, which is currently $97,800…
Housing • By Jo Clifton • Oct 30, 2024
Council approves initiative that aims to protect renters from hidden fees
Over opposition from the Austin Apartment Association, City Council passed a resolution Thursday designed to protect renters from unexpected fees tied to lease agreements. The agenda item, sponsored by Council Member Ryan Alter, directs the city manager to work with…
Housing • By Amy Smith • Oct 28, 2024
New scenarios for HealthSouth site could revive redevelopment push from Council
A pair of new scenarios for redeveloping the former HealthSouth properties downtown could revive the city’s efforts to use the sites to provide hundreds of units of affordable housing. A memo released last week from Mandy DeMayo, interim director of…
