The new ordinance creates the Austin Tourism Public Improvement District (TPID), levying a 2-percentage-point assessment on hotel room stays to fund homelessness services.
Austin’s City Council aims to generate estimated $7 million annually from the hotel fee, which will primarily support marketing efforts and indirect funding for social services.
The funds collected will support the House Our People Endowment Fund, targeting homelessness initiatives and providing financial backing for capital projects and housing services.
By connecting tourism revenue to homelessness solutions, the TPID allows the city to generate new funds without increasing general taxes, focusing on economic recovery.
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