Austin City Council tables discussion on low and moderate income or market-rate housing at Monday work session
The Austin City Council discussed a proposal from Three Rivers Community Action at a work session following their regularly scheduled meeting Monday evening at the Austin City Council chambers with Taggert Medgaarden, Executive Director of the Austin HRA that would involve the redevelopment of the former YMCA property in Austin into a 48-unit, multi-story apartment complex that would provide workforce housing to low and moderate income individuals and families at or below 80% area median income. KAUS spoke with Austin Mayor Steve King during the “Meet the Mayor” segment on “Wright Here, Right Now,” and he stated that the issue was tabled until the council’s next work session two weeks from now to determine if the property should be redeveloped into low to moderate income, or market-rate housing…
If the project would come to fruition, construction on the just over $15.9 million would start in the summer of 2022, with units to be leased starting in the summer of 2023. Mayor King encouraged those who wish to weigh in on the subject to contact their city councilperson before the council’s next work session on Monday, April 19th.