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News and Updates

by Chad Swiatecki A group of real estate investors focused on preserving housing for Austin’s middle-class workforce is on the hunt for properties, with the goal of purchasing up to 1,000 apartment units within the next year. The Austin Housing Conservancy announced last week that it has received...

By: JOSEPH LEAHY Ben Hamill was confused. Down the street from his house in Brentwood, a building was going up, and he and his wife couldn’t quite place what it was. It looked like an apartment or a condo, as far as they could tell, with...

Enlightened Capital - Investing for Legacies There is a growing demand from investors to understand not just how much money they make, but how they make it. In the public markets, this is characterized by ESG (Environment, Sustainability & Governance) policies. In the startup world this...

By SYEDA HASAN • JAN 25, 2018 Participants at the Affordable Housing Accelerator, a program connecting Austin housing and development organizations working to expand affordable housing options in Austin. GABRIEL C. PÉREZ / KUT For the past several weeks, a group of nine local nonprofits, government agencies and private companies have been...

1/18/2018 | BY SARAH BORCHERSEN-KETO A typical tenant at the Courtyard at Encanto in central Phoenix is a single mother working as a home health care aide. She makes about 51 percent of area median income in a neighborhood that is undergoing rapid gentrification. Housing Partnership Equity...

  A new program from the Impact Hub Austin social improvement accelerator has set its sights on solving the growing affordability crisis facing Austin’s middle- and lower-income communities. The Affordable Housing Accelerator held its kickoff event last week and brought together local politicos, established private industry leaders and hopeful...

Austin Mayor Steve Adler has been meeting with potential investors for a so-called Austin Housing Conservancy Fund to preserve affordable housing in Austin, after getting initial startup money last year. But what the strike fund will look like remains a $100 million question. That number has been swirling...

Looking to address the problem of Austin’s diminishing supply of middle-class housing, the head of the area’s lead real estate trade group is rounding up investors more interested in social good than eye-popping returns. David Steinwedell plans to leave his position as executive director of Urban Land Institute-Austin in...