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Tag Archives: Foundation Communities
Foundation Communities gets $1.5M, seeks more to fund affordable housing projects
A pair of affordable housing apartment complexes from Foundation Communities have received $1.5 million in subsidies to help pay for their construction costs and cover part of a remaining fundraising gap. Wells Fargo and the Federal Home Loan Bank of…
Housing • By Chad Swiatecki • Apr 23, 2021
Planning Commission recommends newest Foundation Communities project
The Planning Commission has backed the latest project by local affordable housing developer Foundation Communities, recommending Multifamily-Moderate Density (MF-4) zoning for an 8-acre, church-owned property at 2105 Parker Lane in Southeast Austin. The Parker Apartments will offer 135 units affordable…
Planning • By Jonathan Lee • Apr 15, 2021
East Austin community looks to AISD for affordable housing
At a September meeting of the Austin Independent School District Board of Trustees, almost half of the public comments weren’t about academic issues. Instead, they were about housing. Students, parents, teachers and other community members were asking the board to…
Housing • By Claire McInerny, KUT • Oct 13, 2017
Dukes dunks county's North Campus plans
State Rep. Dawnna Dukes’ surprise support for a competing project hobbled Travis County’s quest for tax credits for an innovative mixed-use development on Airport Boulevard. “We’re not thrilled,” Economic & Strategic Planning Director Mark Gilbert told the Austin Monitor on…
Travis County • By Caleb Pritchard • Mar 7, 2017
Who's building Austin? As city grows, construction workers are getting left behind
At the end of the workday in downtown Austin, streams of construction workers start pouring out of the city. They spend their days building the condos and office buildings that will make up the new Austin, but they go home…
City Council • By Cate Malek • Sep 1, 2016
Court denies injunction against Foundation Communities
How much havoc can one neighbor wreak on a $20 million affordable housing project backed by federal, state and local governments and nonprofits? Potentially, quite a bit. On Tuesday, Foundation Communities avoided potential disaster for its Bluebonnet Studios on South…
Courts • By Elizabeth Pagano • Nov 5, 2015
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RECA report on affordability blames city, neighbors
As the city struggles to provide development review services needed to ensure that its many regulations are being followed, the Real Estate Council of Austin reports that “Austin is steadily losing ground in its efforts to become a ‘beacon of…
Housing • By Jo Clifton • Aug 13, 2015
Foundation Communities project back on track after BoA delay
An attempt to thwart construction of Foundation Communities’ Bluebonnet Studios fell flat at the Board of Adjustment on Monday night. Michael Sullivan, who owns the property adjacent to the Bluebonnet Studios site, asked the board to reconsider two city staff…
Development • By Elizabeth Pagano • Jul 14, 2015
Zimmerman struggles to stop subsidized housing
There are only two subsidized housing developments in City Council Member Don Zimmerman’s District 6, as compared to 47 in Council Member Ora Houston’s District 1 and 46 in Council Member Pio Renteria’s District 3, according to data compiled by…
City Council • By Jo Clifton • Feb 11, 2015
Capital Metro hears proposals to redevelop Plaza Saltillo area
It’s a familiar headline at this point, but more change is coming to East Austin. After years of planning and discussion, Capital Metropolitan Transportation Authority is on the verge of selecting a development plan for the Plaza Saltillo area.…