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Re-Visioning Austin & Affordability - Austin’s Comprehensive Plan

Solutions Vision and Goals “All types of Housing in all kinds of Places” Austin Needs a Comprehensive Vision and Benchmarks for Affordable Housing Housing Market Study Gap Analysis and Needs Assessment Establish Annual Production Goals based on current and projected needs

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Re-Visioning Austin & Affordability - Austin’s Comprehensive Plan

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  1. Solutions • Vision and Goals • “All types of Housing in all kinds of Places” • Austin Needs a Comprehensive Vision and Benchmarks for Affordable Housing • Housing Market Study • Gap Analysis and Needs Assessment • Establish Annual Production Goals based on current and projected needs • Establish Geographic Dispersion Goals • Comp Plan Re-Visioning Austin & Affordability - Austin’s Comprehensive Plan What Does “All Kinds of Housing in All Parts of Town” Look Like?

  2. Solutions • Growing and Preserving Affordable Housing Stock • Create Affordability periods for all projects that take advantage of Government Funding/ Incentives • (30+ for Rental/ 99 year for Home Ownership) • Shared Equity Model • CLT’s • Shared Appreciation Loans • COOP’s • Publicly Owned Land • Preservation for Existing Rental (acquisition and purchase funding mechanism) Re-Visioning Austin & Affordability - Austin’s Comprehensive Plan What Does “All Kinds of Housing in All Parts of Town” Look Like?

  3. Solutions • Infrastructure- Removing Regulatory Barriers • Policies- Ordinances and Zoning • Form Based Codes • Allowing Opportunities for Affordable Housing • Density Bonus- Find Incentives that work • Compatibility • Parking and Detention (Regional Solutions) • Alley/ Granny Flats (potential for up to 40,000 units) • VMU, UNO and Mueller- Learn from existing programs (fee in lieu/exemption from existing ordinances) • Duplexes/ McMansion • Baxter Bill (Carve out Austin for Inclusionary Zoning) Re-Visioning Austin & Affordability - Austin’s Comprehensive Plan What Does “All Kinds of Housing in All Parts of Town” Look Like?

  4. Solutions • Infrastructure- Removing Regulatory Barriers • Procedures- • Site Plan Process/ Permitting • Consistency though the process (Template Deals) • Consistency Through Departments • City Participation in Building Infrastructure (Utilities Streetscapes large Regional Efforts) • Transit • Legal Documents that work • Cross Departmental Waivers/ Incentives Re-Visioning Austin & Affordability - Austin’s Comprehensive Plan What Does “All Kinds of Housing in All Parts of Town” Look Like?

  5. Solutions • Infrastructure- Removing Regulatory Barriers • NIMBY- Education • Relationship between Affordability and Density • Role of Neighborhoods in Zoning Decisions • Setting growth and affordability goals for Neighborhood Plans • Corridor Opportunities • Duplex and McMansion Re-Visioning Austin & Affordability - Austin’s Comprehensive Plan What Does “All Kinds of Housing in All Parts of Town” Look Like?

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