Affordable Housing

Austin
5:05 am
Thu January 17, 2013

City May Try Again on Affordable Housing Bond

The bond for affordable housing was the only one that lost in November.
Mose Buchele, KUT News

The Austin City Council could take the first step toward another bond package aimed at affordable housing today. The proposal from council members Sheryl Cole, Bill Spelman and Chris Riley tells city staff to start preparing for a bond election, although it does not specify a dollar amount.

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Austin City Council
10:11 am
Thu December 13, 2012

City Council Preview: Circuit of the Americas’ Big Ask, Affordable Housing & More

City Hall is filled to the brim with council action today.
flickr.com/atmtx

The days go by so fast: Today marks the last Austin City Council meeting of the year. And at 98 items, it’s going out with a bang. Here ‘s what council has stuffed in their stocking:

Don’t Start Your Engines?: An organizing group with the Circuit of the Americas just received more than $29 million from the state’s Major Events Trust Fund to help pay for costs associated with putting on November’s Formula 1 event.

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2012 Bond Election
12:02 pm
Sat November 10, 2012

Map: How Prop 15, the Affordable Housing Bond, Lost

Suburban neighborhoods largely voted against Prop 15, while the urban core voted in favor.
Ryan Robinson, via the City of Austin

All City of Austin bonds passed on election night except one: Proposition 15, which would have dedicated $78.3 million to affordable housing.

The map above shows how Prop 15 lost.

 Ryan Robinson is demographer for the City of Austin. He produced this map, plotting how the vote against Prop 15 went. The darkest blue voting precincts went overwhelmingly against Prop 15 (by a margin of 65 percent or more); the warmer-colored precincts were mixed or voted in favor, with less than 40 percent of voters in red precincts voting against Prop 15.

 While Prop 15 carried Central Austin,  a majority of suburban precincts, largely west of MoPac, voted it down.

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2012 Election
11:05 pm
Tue November 6, 2012

'Surprise' Over Prop 15 Rejection in Austin

Affordable housing initiative Prop 15 is the only Austin bond proposal headed toward defeat.
Mose Buchele for KUT News

Supporters of Proposition 15, a city ballot measure that would have spent $78.3 million on affordable housing, seem shocked that their bond proposal appears headed for defeat. It was the only bond proposition on the ballot that looks like it will be narrowly rejected. With almost 219,000 votes counted, 51.27 percent opposed the proposition and 48.73 supported it. 

“We’re going to have to take some time and figure out why the housing bond didn’t pass,” says Walter Moreau, executive director of the affordable housing non-profit Foundation Communities. “We had some visibility. We didn’t have opposition. We had support from the papers and Interfaith Action and affordable housing groups.”

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City Budget
4:42 pm
Wed April 18, 2012

Proposed City Budget: $25 Million in Unmet Needs, Even With Property Tax Increase

Offsetting housing cuts and expediting development services are two prominent topics in budget talks.
Photo by Jeff Heimsath for KUT News

The city is proposing a 1.8 cent increase in property taxes. That’s just a hair under the maximum increase allowed – 1.85 cents – without a special tax election.

That’s one of the findings in the City of Austin’s preliminary, proposed budget for Fiscal Year 2013, presented to the City Council this morning.

Going off current median home values – approximately $182,000, but due to change once the county sets new property valuations – that’s a $33 annual increase.

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Austin
3:44 pm
Thu February 16, 2012

$400 Rent in Downtown Austin? Nonprofit Says They Can Make it Work

Construction of affordable housing downtown could start in less than a year.

At a meeting tonight, Austin nonprofit Foundation Communities is making a pitch for their Capital Studios development – 135 apartments to be located on what's now a parking lot at 11th street and Trinity.  A Foundation Communities spokesperson tells KUT News Capital Studios will be the first truly affordable downtown development in the last 40 years – and with rents ranging from $400 to $650, all bills paid, it’s hard to argue.

The low rents are designed to attract Austinites that work and play downtown, but can’t afford to live there – primarily young adults making $27,000 annually or less. Ten of the units will be reserved for working musicians and artists. Another 27 units will provide permanent supportive housing for clients transitioning out of homelessness, processed through agencies like Caritas, the Trinity Center, and the ARCH.

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Texas
12:04 pm
Fri July 29, 2011

Galveston Votes to Rebuild Public Housing on Island

The coastal city is still working to rebuild from 2008.
Photo by KUT News

While Texans eagerly await any and all rain from tropical storm Don, one gulf city continues the work of rebuilding after Hurricane Ike.

The Galveston City Council narrowly dismissed a resolution Thursday to rebuild 569 public housing units off the island, The Galveston County Daily News reports.

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