City staff in Austin are assessing the investment strategies for housing to tackle shortfalls highlighted in the Strategic Housing Blueprint. A newly released memo reveals progress, especially in housing preservation and transit-oriented development, but significant gaps remain for residents earning below 60% of the median income. Proposed updates to the blueprint will consider revised housing market data, enhance the opportunity index for better equitable housing distribution, and develop zoning tools for diverse housing types. The city aims to preserve affordability in areas facing displacement pressures due to transit expansions.
City staff is evaluating investments in housing to address gaps in affordable housing as outlined in the Austin Strategic Housing Blueprint.
Revising the Strategic Housing Blueprint is essential in light of changing housing markets and increasing rent prices, necessitating an update of original goals.
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