Home AEC Austin Requires On-Site Affordable Housing Near Light Rail, Ends Fee-in-Lieu in Transit Zones
AECAustinFeaturedIndustry NewsResidential

Austin Requires On-Site Affordable Housing Near Light Rail, Ends Fee-in-Lieu in Transit Zones

Share
Austin skyline
Getty Images For Unsplash+
Share

The Austin City Council voted Sept. 10 to require developers using the city's density bonus program within a half-mile of the planned light rail route to build affordable units on-site rather than pay a fee into a city housing fund, a shift backers say will steer low-income housing toward transit even as some builders warn it could push new projects out of the corridors the city most wants to densify.

Thank you for your interest in The Registry. If you'd like to read further, you must Subscribe or Log In below to read the rest of this content.

Share

Featured Content


Recent Posts

Related Articles

Trademark, Cohen & Steers Acquire 116,000 SQFT Oak Hill Plaza in Southwest Austin

A joint venture between Fort Worth-based Trademark Property Company and global investment...

Airbnb Commits $6.4MM to Austin’s St. John Redevelopment, Launching $250MM National Housing Accelerator

The San Francisco-based short-term rental giant chose the long-stalled North Austin site...

Allen Control Systems Leases 192,000 SQFT North Austin Plant to Scale Bullfrog Counter-Drone Production

Anti-drone defense startup Allen Control Systems, valued at $2.2 billion after a...