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Housing

Working-class housing fund eyes more acquisitions as demand, cost pressures grow

An investment fund focused on preserving working-class housing in Austin is nearing its first property acquisition of 2021, and moving ahead with its reactivation after the slowdown in 2020 caused by the Covid-19 pandemic. The Austin Housing Conservancy Fund is…

As housing prices soar, corporations exploit legal paths to challenge appraisals

The Travis County Commissioners Court fielded a discussion Tuesday from the Travis Central Appraisal District that touched on a number of issues, from legislative outlook related to property appraisal reform to Austin’s meteoric growth and its effects on the state of…

On the heels of Prop B, housing committee supports rehousing 3,000 people in 3 years

The Housing and Planning Committee on Monday supported the main goal of Austin’s recent homelessness summit – rehousing 3,000 people experiencing homelessness within three years.  The committee voted unanimously to recommend City Council approve a resolution turning the goal, created by…

After yearlong ban, Austin and Travis County will let some landlords file evictions starting in June

Lee esta historia en español. Austin-area renters who have not paid rent for five months or more and have exhausted all rent assistance will once again be subject to eviction beginning June 1. Most other residential tenants and some commercial…

Foundation Communities gets $1.5M, seeks more to fund affordable housing projects

A pair of affordable housing apartment complexes from Foundation Communities have received $1.5 million in subsidies to help pay for their construction costs and cover part of a remaining fundraising gap. Wells Fargo and the Federal Home Loan Bank of…

County prepares to launch emergency rental assistance program

County Executive Sherri Fleming spoke to the Commissioners Court on Tuesday to provide an update on the county’s emergency rental assistance program. She said Health and Human Services intends to begin outreach for the program on April 15. “We have…

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Council OKs $22 million in low-income housing bonds

After hearing complaints Thursday from several of her constituents, District 2 City Council Member Vanessa Fuentes announced during Council’s meeting as the board of the Austin Housing Finance Corporation that she would vote against bond funding for a 179-unit, low-income,…

Austin Transit Partnership OKs anti-displacement funding

The Austin Transit Partnership Board of Directors unanimously approved a grant agreement Wednesday to finance anti-displacement efforts using money from Project Connect’s tax revenue. The funds, totaling $300 million, will be dispersed over Project Connect’s 13-year timeline, according to ATP’s…

City launches revamped version of rental assistance program

Today the Housing and Planning Department, in partnership with the city housing authority, will launch a revamped version of RENT, the Relief of Emergency Needs for Tenants Assistance Program. Nefertitti Jackmon, the city’s housing and policy planning manager, presented to…

Project Connect, anti-displacement funding made available

The Housing and Planning Committee convened on March 11, fielding discussion about anti-displacement funding, including $300 million from Project Connect tax revenue. The anti-displacement strategies discussed mostly involved using the money to acquire and preserve property in key locations for…

Travis County bush

County approves millions toward emergency rental assistance

The county is receiving $10.7 million in federal relief funds from the Coronavirus Response and Relief Supplemental Appropriations Act of 2021, designated for an emergency rental assistance program, or ERAP. In January it was announced that the county would receive the…

Home repair funds increased to fix storm damage

In response to the unprecedented damage to homes caused by winter storm Uri, Austin Water has transferred $1 million to the city’s Housing and Planning Department to help Austinites repair ruptured water lines. The city already had a program to help…

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