In early May, Austin City Council approved the “Affordability Unlocked” program to spur denser affordable housing development within and around the city’s core. Introduced by Council Member Greg Casar, this program will waive compatibility and design standards, such as density, setback, height, and parking regulations, to increase the number of affordable housing units produced for low- to moderate-income families. The key to the program is to meet the goal of building 60,000 income-restricted housing units (defined as 60% of median family income (MFI) or below for rental units and 80% MFI for ownership developments) by 2027.
To learn more about Austin’s Affordability Unlocked program for affordable housing development, please click here and here.
Last August, Austin’s City Council tasked City Manager Spencer Cronk to develop and propose a new process for reforming the city’s land development code, known as CodeNext. This new process will meet the objectives outlined in the Imagine Austin Plan, the Austin Strategic Housing Blueprint, and the Austin Strategic Direction 2023 Plan. Check out the city’s resolution here.
To stay engaged on Austin’s CodeNext, see the city’s progress here.