Back on the Ballot: Housing for Poor People

Austin voters will be asked to consider a $350 million housing bond as Proposition A on the Nov. 8 ballot.

With funds from the $250 million package approved in 2018 nearly exhausted, a new round of bond dollars will allow the city to continue to subsidize income-restricted housing – which is increasingly difficult to finance privately, as land values and labor-and-materials costs in Austin continue to spiral up – through its Austin Housing Finance Corporation.

daustinsanders Fix your headline. It is incredibly disappointing. These bonds will help fund much needed affordable housing in Austin. Labeling this as for “Poor People” is not reality in todays market. Be part of the solution not the problem.

Property Property Latest News, Property Property Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Is the housing market hitting bottom for now?The National Association of Realtors put out a report this week that shows contract signings on new homes fell almost 20% year over year from July 2021 to last month.
Source: wjxt4 - 🏆 246. / 63 Read more »