Half of the units in the eight-story 600 Cumberland project will be priced for affordability to those earning from 50 percent to 80 percent of the area's median family income.
The developers seek a property tax exemption to subsidize affordable units, facilitated by City Council's land use changes for equitable development, with plans for commercial space on the ground floor.
#affordable-housing #workforce-housing #property-tax-exemption #development-project #austin-real-estate
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