Will 'HOME' Phase 2 create more attainable housing or destroy Austin neighborhoods?

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Affordable Housing News

HOME Phase 2,Austin,City Council

Austin's 'HOME' Phase 2 initiative aims to increase housing attainability through zoning changes, but critics argue it will lead to displacement.

The Austin City Council is set to vote on the "HOME" Phase 2 initiative, which proposes zoning changes to increase housing attainability, but some community leaders argue that it will lead to displacement and negatively impact neighborhoods. " initiative will get a thumbs up or down at City Hall this week. Some say it's part of a solution for more affordable housing .

Two days before the Austin City Council considers the sweeping zoning changes, the proposals are being attacked by some community leaders.was described at Tuesday’s rally as a supercharger for East Austin displacement and a destroyer of neighborhoods.

Source: Real Estate Daily Report (realestatedailyreport.net)

HOME Phase 2 Austin City Council Zoning Changes Displacement

 

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