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Tag Archives: affordable housing
Voters strongly back $350M proposal for affordable housing
Voters strongly approved the city’s latest bond proposal to create more affordable housing, giving the city another $350 million to direct toward housing acquisition, repair and rental programs. The vote totals from Travis County as well as portions of Hays…
Bonds & Propositions • By Chad Swiatecki • Nov 9, 2022
ASPIRE project to bring affordable housing, business training to North Austin
BiGAUSTIN, the Black-led nonprofit group that has provided microlending, business training and workforce assistance for nearly 30 years, has announced plans to construct a massive new community resource center and affordable housing community in a partnership with Banc of America…
Housing • By Chad Swiatecki • Nov 3, 2022
Real estate leaders put affordable housing bond under the lights
In summarizing the city’s many efforts and successes to preserve and create more affordable housing, Rosie Truelove offered a simple summary of what’s going on in one of the hottest real estate markets in the country. Speaking at last week’s…
Bonds & Propositions • By Chad Swiatecki • Oct 26, 2022
Study finds middle-income housing fund outperforms high-dollar real estate
An Austin investment fund created to support and stabilize middle-income rental housing has been verified as an attractive and viable investment by researchers from two Texas universities. Affordable Central Texas, which began acquiring middle-income rental communities in late 2018, has…
Housing • By Chad Swiatecki • Oct 21, 2022
$1,700, $2,900, $3,200 a month? What’s the real cost of rent in Austin?
The rent in Austin is too damn high. But how high? Recently, Axios published data showing the median rent in Austin is a whopping $2,930 per month. (That includes rental homes of all sizes.) Another report from Bloomberg published in July,…
Housing • By Audrey McGlinchy, KUT • Oct 10, 2022
Council OKs staff to negotiate over HealthSouth contract
Last week, City Council directed city staff to move forward with negotiations with Aspen Heights Partners, the NHP Foundation and Capital A Housing on redeveloping the HealthSouth site at 12th Street and Red River. But it wasn’t a simple vote: Council…
Development • By Jo Clifton • Oct 10, 2022
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City falls further behind on affordable housing goals
The city continues to fall behind on its affordable housing goals, according to a report from nonprofit HousingWorks Austin. In 2021, nine out of 10 Council districts failed to achieve district-based affordable housing production goals, and seven out of 10…
Housing • By Jonathan Lee • Sep 22, 2022
Creative spaces, affordable homes possible for two city-owned East Austin sites
The city’s Housing and Planning Department has identified parts of city-owned parcels that could incorporate creative spaces and affordable housing for artists, with development plans likely to be handled by the Austin Economic Development Corporation. Mandy De Mayo, deputy director…
Planning • By Chad Swiatecki • Sep 21, 2022
Austin ISD is considering turning two properties into teacher and staff housing
Austin ISD is considering turning two of its properties into housing that teachers and other staff could afford as rising housing costs make it harder to retain and recruit employees. District officials have been holding public meetings on proposals for…
Housing • By Becky Fogel, KUT • Sep 21, 2022
Residents helping to shape final details of Home Depot redevelopment
With the city still working to finalize a master development agreement for the redevelopment of the former Home Depot property in the St. Johns neighborhood, residents will have more opportunities beginning this week to weigh in on the final plans…
Development • By Chad Swiatecki • Sep 7, 2022
Mobile home park residents facing eviction in South Austin can stay a bit longer, judge rules
Roughly a dozen families living at a mobile home park in South Austin who received 60-day notices to leave will be able to stay for the time being after a Travis County judge issued a temporary restraining order Monday. Residents…
Housing • By Audrey McGlinchy, KUT • Sep 6, 2022
Public workers are being priced out of the city. Affordable housing can't help many of them.
As wages for public sector workers fail to keep pace with housing prices, some city employees have turned to income-restricted housing for relief. But because finding an affordable home and meeting the qualifications isn’t always easy, many workers are forced…
