A new round of bond dollars will allow the city to continue to subsidize income-restricted housing.
Austin voters will be asked to consider a $350 million housing bond as Proposition A on the Nov. 8 ballot.
With funds from the $250 million package approved in 2018 nearly exhausted, a new round of bond dollars will allow the city to continue to subsidize income-restricted housing – which is increasingly difficult to finance privately, as land values and labor-and-materials costs in Austin continue to spiral up – through its Austin Housing Finance Corporation.
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