The city has approved more than $50 million in housing funds that will create more than 1,000 units of affordable housing, hundreds of which will serve as permanent supportive housing for people who are currently homeless.
Last week, the Austin Housing Finance Corporation voted in support of completing nine funding agreements with a variety of affordable housing providers and other developers, who are working on housing projects in City Council districts 1, 2, 3, 7, 8 and 9.
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