Thursday, January 17, 2019 by Chad Swiatecki An investment group focused on preserving workforce housing units around Austin has announced plans to add 2,000 more apartment units to its portfolio in…
By Karen Weise SEATTLE — The Seattle area, home to both Microsoft and Amazon, is a potent symbol of the affordable housing crisis that has followed the explosive growth of tech…
January 14, 2019 Matthew Rothstein, Bisnow East Coast With teacher strikes and worker's rights campaigns getting national attention, the teaching profession is symbolic of a deepening housing crisis in the United…
TEGNA Foundation and KVUE are committed to community support through seven grants awarded to different Austin-area nonprofit organizations. Author: Hana Adeni AUSTIN — The TEGNA Foundation, the charitable foundation sponsored…
A real estate investment fund aimed at preserving Austin’s fast-disappearing supply of workforce housing announced the acquisition of its first 308-unit rental property in North Austin. The Austin Housing Conservancy…
VIDEO LINK AUSTIN — Private investors helped acquire a new apartment complex in an effort to keep some housing in Austin affordable. The Austin Affordable Housing Corporation and The Community…
By Lisa Brown According to Austin’s Strategic Housing Blueprint, the city will need 60,000 new housing units for low-income families, plus another 75,000 market-rate units to meet its housing needs…
Austin Multifamily Workforce Report Q2 2018
The Austin skyline, from Rainey Street. ARNOLD WELLS By Marissa Luck – Staff Writer, Austin Business Journal Sep 4, 2018, 2:55pm CDT Updated a day ago Downtown apartment landlords officially have bragging rights: The 78701…
By LEAH SCARPELLI • MAR 8, 2018 From Texas Standard. Just as thousands of musicians are descending upon Austin in hopes of getting that big break at South by Southwest, one of the city’s…
August 19, 2018 Jon Banister and Miriam Hall Original Article Ten years after the Great Recession roiled the global financial system and sent the American economy into a tailspin, the…
By: Shonda Novak, American-Statesman Staff For a couple of years, apartment dwellers in the Austin-area got a bit of a break from sharply rising rents amid a surge of new…
How Austin Can Increase Affordable Housing By: Kate Weidaw AUSTIN (KXAN) -- This November, Austin voters may decide if $250 million should be allocated to affordable housing. City council will make a final decision…
Austin Multifamily Workforce Newsletter Q1 2018
This time of year, people from all over the country don their best hipster duds, dust off their cowboy boots and descend on Austin, Texas, for SXSW (pro tip: just call it…
A fund created to preserve affordable apartments in Austin has raised enough money to begin buying properties. Affordable Central Texas is the nonprofit behind the Austin Housing Conservancy fund. President and CEO David Steinwedell says…
by Chad Swiatecki A group of real estate investors focused on preserving housing for Austin’s middle-class workforce is on the hunt for properties, with the goal of purchasing up to 1,000…
By JOSEPH LEAHY Ben Hamill was confused. Down the street from his house in Brentwood, a building was going up, and he and his wife couldn’t quite place what it was.…
Austin Multifamily Workforce Newsletter Q4 2017
We often hear calls for creative financing tools to build and maintain levels of affordability in high-pressure housing markets. Indeed, determining how to finance the “missing middle” has become a…
Enlightened Capital - Investing for Legacies There is a growing demand from investors to understand not just how much money they make, but how they make it. In the public…
By SYEDA HASAN • JAN 25, 2018 Participants at the Affordable Housing Accelerator, a program connecting Austin housing and development organizations working to expand affordable housing options in Austin. GABRIEL C. PÉREZ / KUT For…
1/18/2018 | BY SARAH BORCHERSEN-KETO A typical tenant at the Courtyard at Encanto in central Phoenix is a single mother working as a home health care aide. She makes about…
A new program from the Impact Hub Austin social improvement accelerator has set its sights on solving the growing affordability crisis facing Austin’s middle- and lower-income communities. The Affordable Housing…
Austin Mayor Steve Adler has been meeting with potential investors for a so-called Austin Housing Conservancy Fund to preserve affordable housing in Austin, after getting initial startup money last year. But…
Looking to address the problem of Austin’s diminishing supply of middle-class housing, the head of the area’s lead real estate trade group is rounding up investors more interested in social…
When David Steinwedell joined ULI Austin in late 2013, it was a bit of a surprise pick after he had spent years in executive roles atop the world of finance.…