Mayor Pro Tem Sheryl Cole plans to delay an item on today’s Austin City Council agenda that seeks to reconcile the city’s new Downtown Density Bonus program with one in place in the exploding Rainy Rainey Street area. With the postponement, staff will have the opportunity to further delve into the issue. “I want to […]
City of Austin Downtown Density Bonus
The downtown density bonus program was approved as part of the city’s 2011 Downtown Austin Plan. The program is a way that developers can earn additional height and density by providing community benefits, most notably affordable housing or money towards affordable housing.