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Tag Archives: affordable housing
Council allocates next three years of Project Connect anti-displacement funds
The city continued allocation of Project Connect’s $300 million anti-displacement budget last week. At its regular meeting on April 13, City Council voted to approve a resolution allocating the funds for the next three fiscal years. The first round of…
Transit • By Nina Hernandez • Apr 19, 2023
3D home printer opens $1M competition as 'affordability moonshot'
Austin-based 3D-printed home manufacturer Icon is looking for designers and college students from all over the world to propose advancements in architecture that could bring the cost of homes under $99,000. The company announced its Initiative 99 contest on Wednesday…
Housing • By Chad Swiatecki • Mar 16, 2023
Doggett celebrates federal funding to benefit Foundation Communities
At a Tuesday press conference, U.S. Rep. Lloyd Doggett and Foundation Communities celebrated $3.5 million in federal funds that will go toward three of the local housing nonprofit’s programs serving low- and middle-income families in Austin. “Before affordability was a…
Housing • By Nina Hernandez • Mar 15, 2023
More than 70 percent of Austin ISD employees are burdened by housing costs, survey finds
Lee esta historia en español More than 70 percent Austin Independent School District employees are burdened by the cost of housing in the city, according to an online survey the district conducted this year. Many of the respondents said the…
Housing • By Becky Fogel, KUT • Mar 13, 2023
Council sets its sights on affordable student housing
City Council newcomer Ryan Alter is making headway, kicking off his tenure with a call for more robust housing in the increasingly unaffordable neighborhoods around Austin’s college campuses. Alter’s resolution, which passed unanimously, directs city staff to explore partnerships and…
Housing • By Kali Bramble • Feb 28, 2023
Affordability calculator helps to demystify financing realities for low-income units
The complicated math involved in planning and financing affordable housing projects in Austin has become a little easier, thanks to a first-ever affordability calculator intended to help political leaders and housing advocates better research how developments are assembled. The calculator,…
Housing • By Chad Swiatecki • Jan 30, 2023
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In Texas, you can be forced to sell your condo
It was outside the mailroom where Deborah Michals learned she could lose her home. One night this past summer when Michals walked outside her condominium in North Austin to check her mail or catch up with a neighbor doing laundry…
Housing • By Audrey McGlinchy, KUT • Jan 25, 2023
Want to know how the city enforces density bonus agreements? Read on.
This week, the Community Development Commission learned more about how the city ensures the reduced-rent housing units created through its density bonus programs go to people who meet the income eligibility requirements. At the commission’s Jan. 10 meeting, Commissioner Karen…
Housing • By Nina Hernandez • Jan 13, 2023
After years of negotiation, renovations begin on Austin’s oldest publicly owned homes
Alexis Henderson stands in the kitchen of her former home at Rosewood Courts in East Austin. The place is abandoned now, save for a couple of items. A rag on the stairwell. A video game decal on the bedroom wall.…
Housing • By Audrey McGlinchy, KUT • Dec 16, 2022
Council responds to report finding 'affordable' condos aren't always affordable
City Council approved a resolution on Dec. 8 addressing barriers to affordable condo ownership, acting on findings from a report by the University of Texas School of Law that expensive condo fees and improper property tax assessments can push below-market…
Housing • By Jonathan Lee • Dec 15, 2022
Austin's program to sell homes to people affected by gentrification off to slow start
The city of Austin has not yet sold one of the two dozen homes it began marketing six months ago to low-income families affected by displacement and the influx of wealth into neighborhoods. This is the city’s first attempt at using…
Housing • By Audrey McGlinchy, KUT • Nov 28, 2022
Builder: Without new affordability bonds, projects would be 'few and far between'
The new round of bonds providing $350 million to fund affordable projects couldn’t have come at a better time for developers of affordable housing in Austin. The combination of fierce land costs locally, inflation increasing construction costs on all housing…
