Austin Approves Bond Measure that Includes Funding for Affordable Housing

~ Oklahoma Coalition for Affordable Housing

Last week the Austin City Council voted 8-3 to add a $925 million bond package that includes $250 million for affordable housing to the November general election ballot – the city’s largest affordable housing bond ever. The bond package would also allocate $184 million for flood mitigation and open space and $160 million for transportation. Under the proposed bond package, the average Austin homeowner would see their property tax rate increase by 2 cents per $100 of valuation.

Published by Oklahoma Coalition for Affordable Housing

The vision of OCAH: That all Oklahomans have the opportunity to live in safe, healthy and affordable homes. Our Mission: To lead the movement to ensure that all residents of the state of Oklahoma flourish in safe, affordable homes and to help communities develop safe and affordable housing options for all of their residents. We reach our mission through advocacy, education and practical training to foster the production and maintenance of affordable housing throughout the state.

Leave a Reply