Posted inHousing

Affordable units to rely on third party agreements

City Council on Thursday approved on second reading zoning changes allowing the owners of two South Congress properties to build vertical mixed-use projects with deep affordability for some residents, but the developers will be looking for a private partner to enforce the affordability covenants. Alice Glasco, representing the developer of South Congress Residences at 4714 […]

Posted inCity Council

Council members slam Troxclair’s affordability plan

At City Council’s work session yesterday, several Council members hammered on District 8 Council Member Ellen Troxclair’s Austin Affordability Action Plan. The plan proposes that Council focus on affordability in the areas of housing, transportation, budgeting, cost of living and the economy. Troxclair pulled the item from the consent agenda to allow Council members to […]

Posted inHousing

Tax credits could provide big increase in affordable housing units on Goodrich Ave.

With the assistance of the state and federal government, Pathways at Goodrich Place, a public housing complex at 2126 Goodrich Ave., may soon have more than three times as many apartment units serving residents who otherwise couldn’t afford to live in the surrounding Zilker neighborhood. City Council voted Thursday to endorse an application by Pathways […]

Posted inHousing

Council OKs more funds for east side housing

Acting as the board of the Austin Housing Finance Corporation, City Council on Thursday approved an additional $992,000 to a loan for the Chestnut Neighborhood Revitalization Corporation to help the company build affordable housing at 1212, 1301 and 1309 Chicon St. The project, called the Chicon, will be redeveloped into a mixed-use, mixed-income development with […]

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