The Housing Department is pushing City Council to continue to provide funding for land acquisition and development subsidies to preserve long-term housing affordability. In a recent memo responding to a Council resolution from last year, housing officials describe land banking as “the bedrock” of future affordability. The memo acknowledges that expanding the city’s community land […]
Housing Department
Posted inHousing
Housing staff suggest ADU pilot program aimed at 80% MFI households
City housing staff say a publicly-funded program to help homeowners build accessory dwelling units would likely see limited uptake and may fall short of the city’s affordability goals, particularly for households most at risk of displacement. In a recent memo responding to a 2023 resolution from City Council, Interim Housing Director Mandy DeMayo outlined findings […]
Posted inLand Development Code
City plans navigator expansion, financing tools for HOME initiative
City housing leaders have found that efforts to expand and improve access to Austin’s HOME initiative are progressing on multiple fronts, with program refinements, interdepartmental coordination and new support strategies underway. A recent memo from the Housing Department outlines these developments, which focus on helping low- and moderate-income residents stay in their homes, build additional […]
Posted inHousing
Council vote could help secure tax credits for seven projects with affordable units
On Thursday, City Council will consider resolutions of support for seven affordable housing developments seeking funding through the state’s 9 percent Low-Income Housing Tax Credit (LIHTC) program. If approved, items 16-22 on the agenda will be included in developers’ applications to the Texas Department of Housing and Community Affairs, which oversees the competitive program that […]
Posted inHousing
New scenarios for HealthSouth site could revive redevelopment push from Council
A pair of new scenarios for redeveloping the former HealthSouth properties downtown could revive the city’s efforts to use the sites to provide hundreds of units of affordable housing. A memo released last week from Mandy DeMayo, interim director of the Housing Department, includes analysis of two new scenarios for the properties, which had been […]
Posted inDevelopment
Developer expects to reach agreement for Crestview project this fall
The firm selected to lead in the redevelopment of a former utility yard in Crestview doesn’t expect the city’s recent changes to land use for transit-oriented developments to impact its plans for the site that has long been earmarked for substantial new housing. In May, the Austin Housing Finance Corporation voted to pursue a development […]
Posted inZoning
Planning Commission checks in on new density bonus program
At their most recent meeting, members of the Planning Commission took the temperature of the city’s newest density bonus program, which is designed to allow developers to build more in exchange for community benefits like affordable housing. The program, dubbed DB90, replaces the short-lived, now-scrapped VMU2 program that had the same purpose. In June 2022, […]
Posted inHousing
City seeks feedback from disability community on five-year federal housing plan
The Mayor’s Committee for People with Disabilities heard a briefing last week from the Housing Department, which is seeking input from Austin residents with disabilities to identify the greatest community needs that could be addressed using federal funds from the Department of Housing and Urban Development through the 2029 fiscal year. Housing staff will take […]
Posted inHousing
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 […]
Posted inPlanning
Council appears headed for pause on HealthSouth redevelopment plans
Members of City Council suggested Tuesday they’re inclined to hold off on selecting any redevelopment plans for the former HealthSouth site, in part because of the current real estate pipeline in the surrounding area and continued high interest rates that make new projects difficult for developers. Tuesday’s work session included a presentation on the four […]