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Feb 22

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Affordability Unlocked moves forward to May 9th Vote

Affordable Housing Proposal receives initial approval

Austin City Council has initially approved a program that would allow an increase in affordable housing development by relaxing regulations for properties that meet certain criteria.

District 4 Council Member Greg Casar introduced the plan earlier this month. “Our city’s potential to build more affordable housing for families is currently locked up by needless restrictions, … It’s time to change our policies so that every dollar of the successful $250 million affordable housing bond goes to help as many people as possible.”

The proposal would allow at least six (6) housing units to be built on any feasible lot by waiving density, setback, height and parking regulations. All zoning categories with the exception of industrial zoning would be eligible for these affordable housing projects.

Click here for a copy of the February 21 approved resolution and details of the proposal: http://assets.austintexas.gov/austincouncilforum/4E-20190204182437.pdf

Permanent link to this article: https://atxre.com/affordability-unlocked-moves-forward-to-may-9th-vote/

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