Tenants of the Rosemont at Oak Valley apartment complex, who had previously been given abrupt (though now rescinded) notices of their imminent evictions, still have unanswered questions for the Housing Authority of Travis County. Though the Housing Authority has since pledged to assist in smooth transitions for the residents affected by structural damage from the […]
Housing
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County to provide short-term lodging and repairs for Rosemont residents
On Tuesday, the Travis County Commissioners Court revisited the situation at the Rosemont apartment complex in South Austin, where over 80 families we had been given abrupt notice they would have to leave their homes by the end of the month as a result of structural and aesthetic damage from Winter Storm Uri. Following the […]
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Housing affordability report points to a need for greater disbursement
Austin may look good on paper as one of the hottest housing markets in the country, but a closer inspection of each City Council district reveals a disparate picture of economic vitality, according to the findings of a 2020 report on housing affordability. “While the city of Austin has seen overall gains in home sale […]
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Sale prices soaring for Austin-area homes
In the first six months of 2021, the Austin Board of Realtors reported, the median price of homes in the city of Austin has increased nearly 31 percent to $530,000. Even more eye-popping, for the month of June, ABoR said the median price of homes in the city of Austin reached $575,000, an all-time record […]
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Housing Authority withdraws removal notice for Oak Valley residents
On Tuesday, the Travis County Commissioners Court heard from some of the 85 families who were abruptly given notice last week that they would have to leave their homes at the Rosemont at Oak Valley apartment complex by the end of the month, with management citing unlivable conditions from damage caused by February’s winter storm. The displaced residents detailed […]
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Make it easier to build ADUs, city staffers tell Council
In response to a City Council resolution last year aimed at making building accessory dwelling units more feasible for low- and moderate-income Austinites, city staffers have come back with several recommendations for Council action in the form of a memo from Rosie Truelove, director of the Housing and Planning Department. ADUs, which are smaller homes […]
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85 families at affordable apartment complex told they must leave due to winter storm damage
More than 85 families at an affordable housing complex in Southeast Austin are being evicted this month after the management company told them it needs to do repairs caused by February’s winter storm. Capstone Real Estate Services, which manages Rosemont at Oak Valley, a complex at 2800 Collins Creek Drive, informed the affected tenants Friday […]
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Home prices in Austin rose $100,000 in six months. When will the surge end?
When Amanda Traphagan was selling her Austin home in April, she and her husband joked that only a wealthy celebrity would be able to offer a significant amount over what they were asking. “We were making jokes about Elon Musk showing up in the skies,” Traphagan said. She imagined the CEO of SpaceX slinking into […]
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With the help of city subsidies, over 3,000 affordable homes are in the pipeline
The Housing and Planning Department presented an update on the city’s development subsidy programs for affordable housing at Tuesday’s Housing and Planning Committee. “We know that it’s not enough, but we are proud of seeing that pipeline get filled,” said James May, community development manager with the department. “This solution of the city coming in […]
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Allow ‘diversity of housing types,’ ABoR tells Council
Representatives from the Austin Board of Realtors offered policy recommendations to City Council for ways to slow down the drastic increase in housing prices since the beginning of the pandemic. The latest housing market statistics are “dramatic,” as Jeni Williams, ABoR’s deputy director of government affairs, put it at Tuesday’s Housing and Planning Committee meeting. Housing […]
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Neighbors delay Council’s recommendation of tax credits for affordable housing project
Due to neighborhood concerns, Fox Hollow, an affordable housing project at 2117 Brandt Road in Southeast Austin, will have to wait two more months for City Council to recommend the project for the state’s Low Income Housing Tax Credit program. Most LIHTC projects sail through Council. Six such projects, including three from the same Louisville, […]
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Espero at Rutland offers hope for the homeless
At next week’s meeting, City Council, acting as the board of directors of the Austin Housing Finance Corporation, is expected to approve funding for a 171-unit supportive housing development at 1934 Rutland Drive. In building and operating Espero at Rutland, AHFC will partner with Caritas of Austin and the Vecino Group, a national low-income tax credit […]