Focused on real affordability, City Council moves to improve density bonus programs - Austin Monitor
Briefly

The City Council has voted to review and potentially overhaul the city's density bonus programs, aiming for more flexible incentives that promote affordable housing tailored to different neighborhoods. Supported largely by the Council, the initiative directs staff to develop new density bonus districts with varied height and affordability standards. Mayor Pro Tem Fuentes highlighted the need for ensuring displaced units are replaced on a one-to-one basis. The resolution seeks to recalibrate existing programs and create a hierarchy of bonus districts while aligning with ongoing equitable development initiatives, although no specific deadline was set for proposed amendments.
The City Council's resolution initiates a comprehensive review of density bonus programs to foster affordable housing and adapt benefits to various neighborhoods.
Mayor Pro Tem Vanessa Fuentes emphasized the necessity of one-to-one unit replacement to address displacement concerns in future redevelopment projects.
Read at Austin Monitor
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