A dozen affordable housing projects face tight race for state tax credits - Austin Monitor
Briefly

On Thursday, City Council will consider plans for 11 housing developments across the city that could receive state money to fund the creation of affordable housing.
The city has already weighed in on the scoring for the first 11 projects, which are evaluated based on several criteria: local government support, the commitment of development funding by a local political subdivision, the local revitalization plan for the project, twice the per capita state average of affordable units, a location that's 1 mile or less from a similar development that received tax credits in the past three years, a location in a census tract with a poverty rate above 40 percent and having no objections from a local governing body when a project is in a census tract.
Read at Austin Monitor
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