Planning Commission members have embraced an affordable housing project in North Austin despite concerns from the church it will replace. Developers plan to build a 100 percent affordable, six-story, 192-unit apartment complex at 1706 Payton Gin Road using the city’s Affordability Unlocked program. In return for the development incentives offered through the program, the project […]
affordable housing
This general term refers to housing that is affordable to Austinites, with or without subsidy.
Posted inHousing
Council OKs restrictive covenant for Southwest Parkway apartments
The owners of 9.6 acres of undeveloped land at 8413 Southwest Parkway are moving forward with plans to build a total of 438 apartments, including 219 units available to households earning 60 percent of the median family income, as well as 88 units reserved for families at or below 50 percent of the median family […]
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Community Foundation unveils $15M fund for affordable, permanent supportive housing
Developers of affordable housing and permanent supportive housing units for unhoused people could soon receive financial assistance from a new Austin Community Foundation fund intended to fill gaps in the financing for those subsidized projects. Last week, the foundation announced it had raised $15 million for its Housing Accelerator Loan Fund, which will provide low-interest […]
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City eyes code amendments to increase affordable housing for UT students
City Council members hope that a series of amendments to a planning tool can increase housing affordability and the quality of life for University of Texas students, with the possibility of bringing a much-needed grocery store to the West Campus area. On Thursday, Council will consider a resolution that calls for a series of changes […]
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Advocates for ending homelessness say rental assistance program doesn’t go far enough
Tony Carter lives in a two-bedroom apartment in South Austin. He was placed there in February through a rapid rehousing program. Rapid rehousing programs in Austin provide up to 24 months of rental assistance and support services to people experiencing homelessness. But for some residents, it doesn’t close the affordability gap. Carter said he receives […]
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City looks to land banks as additional option to curb displacement
The city will explore using the takeover of tax-delinquent properties as one additional strategy for creating more affordable housing and remedying the displacement of longtime residents who are being priced out of Austin. As part of the consent agenda at Thursday’s meeting, City Council approved a resolution directing the city manager to identify “viable land […]
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County backs $7.2M SAFE Alliance housing in East Austin
On Tuesday, the Travis County Commissioners Court dedicated $7.2 million toward a supportive housing development called the Lancaster, a 60-unit complex that will provide respite for people experiencing homelessness and survivors of domestic and sexual violence. The development is a project of the SAFE Alliance, a nonprofit serving survivors of child abuse, sexual assault and […]
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Austin will spend $87 million on property in Southeast Austin for affordable housing
City Council voted Thursday to spend $87 million to buy 107 acres of land in Southeast Austin for affordable housing. Tokyo Electron, which makes semiconductors and display production equipment, announced in February that it was moving from the site. The city plans to build 1,100 units – some of which will be affordable – on the property. It […]
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A push for more affordable housing falls flat at Planning Commission
A new tower planned for downtown sparked debate about Austin’s density bonus program at the most recent meeting of the city’s Planning Commission. The density bonus program essentially trades increased development entitlements for a number of community benefits, including things like affordable housing, public space or green building. In this case, would-be developers of 506 […]
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Council gets briefed on improved path to affordable housing
Now that the state Legislature has added more guardrails to a financing mechanism for affordable housing developments, Austin officials are exploring how to proceed with plans to put more housing on the ground under the welcomed reforms. At its work session Tuesday, City Council heard a presentation from Housing Department staff on the Austin Housing […]
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AHFC approves $50M to fund more than 1,000 affordable, permanent supportive housing units
The city has approved more than $50 million in housing funds that will create more than 1,000 units of affordable housing, hundreds of which will serve as permanent supportive housing for people who are currently homeless. Last week, the Austin Housing Finance Corporation voted in support of completing nine funding agreements with a variety of […]
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Austin apartments boomed and rents went down. Now, some builders are dismantling the cranes.
Ben Schwertner won’t pay next month’s rent. The 28-year-old from Lubbock isn’t forgoing payment out of protest or because he can’t afford it. He’s not paying because he doesn’t have to. When Schwertner signed a lease for a one-bedroom apartment near the Austin airport earlier this year, the management company extended him a sweet deal: […]