Posted inHousing

Austin real estate exec shifts focus to preserving middle-class housing

Looking to address the problem of Austin’s diminishing supply of middle-class housing, the head of the area’s lead real estate trade group is rounding up investors more interested in social good than eye-popping returns. David Steinwedell plans to leave his position as executive director of Urban Land Institute-Austin in September so he can lead Affordable […]

Posted inHousing

Housing bonds may be put to work early

Proponents of three proposed low-income housing projects are looking forward to Thursday when the board of the Texas Department of Housing and Community Affairs will announce which projects have been selected to receive housing tax credits. Two of the three projects ranked most highly on the TDHCA’s list of local projects that might receive funding will […]

Posted inHousing

Labor shortages, construction costs make it tough to build affordable homes in Austin

The rising cost of construction has made it harder to build affordable homes in Central Austin, housing analysts said after the Home Builders Association of Greater Austin released its midyear housing forecast Thursday. Researchers expressed general optimism about the growth Austin has seen for years but said labor shortages, increased construction costs and permitting regulations have […]

Posted inPlanning

Commission pushes for more affordable large apartments to increase school enrollment

Problems are rarely solved by doing what’s typical. That was the motto steering the Planning Commission at its most recent meeting, when members chose not to accept a proposal for a multifamily development with the usual shortage of three-bedroom apartments. Commissioners ultimately postponed the item to give the applicant time to rework the numbers with […]

Posted inHousing

Council to consider tool that would bring permanently affordable housing to East Austin

Today, City Council is set to consider implementing a tool that would bring more affordable housing units to the east side. It’s called a community land trust, and it could create homes that remain affordable for decades to come. If approved, the measure would designate two local nonprofits, the Chestnut Neighborhood Revitalization Corporation and the […]

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