A City Council committee could take the first steps Tuesday toward mandating that developers include affordable units in new housing complexes to be built in several East Austin neighborhoods.
The proposal by Council Member Greg Casar, who chairs the council’s Planning and Neighborhoods Committee, comes as soaring rents have pushed poorer and minority residents out of the city.
— My Statesman
The plan would mark a significant shift in direction from the current, incentive-based approach that allows developers to build larger buildings in exchange for including affordable housing units. As it stands now, developers can also pay a fee to the city's housing fund in order to build bigger buildings.
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