Remove Austin Remove Income Remove Zoning
article thumbnail

Austin creates innovative plan to boost affordable housing

BD+C

City leaders in Austin, Texas are backing an innovative policy to increase the amount of affordable housing. The plan relaxes zoning restrictions and provides incentives for higher density construction in affordable and mixed-income developments.

Austin 93
article thumbnail

Why Are Developers Building Luxury Condos in Cities Facing an Affordable Housing Crisis?

Pro Builder

million housing units for low-income renters, according to the National Low Income Housing Coalition. And as the cost of land in the downtown’s of migration destinations like Austin and Orlando increase in value, these formerly affordable cities see more luxury development too. is short 7.3

Housing 52
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Transforming shopping malls into 21st century neighborhoods

BD+C

With the State of California encouraging housing development in commercial zones, these projects are prime opportunities for alleviating the housing crisis.

Austin 105
article thumbnail

Attainable Housing Options: Rethinking the Starter Home

Pro Builder

There are multiple causes— the cost of land, city requirements on zoning and home site footage , and NIMBY i s m (Not In My Back Yard)— but often it simply comes down to making a project pencil out … which is increasingly challenging and often not achievable.

Housing 91
article thumbnail

Innovation Is Thriving In Arizona

Business Facilities

While the national average of per-capita income going to taxes is 9.9 In addition, Arizona’s taxes on property, gas and personal income remain low compared to the rest of the country. Zoned mixed-use/commercial. Strong workforce within a 45 minute commute zone. Strong workforce within a 30 minute commute zone.

Arizona 76
article thumbnail

Builder of the Year Ivory Homes' Innovation Agenda

Pro Builder

Having witnessed income and social class inequities entrenched by corruption on their European mission, and a system in which government officials and business entrepreneurs rarely collaborate to solve civic and social problems, the Ivorys recognized the seeds of similar dynamics in their own backyard. See past Builder of the Year winners.

article thumbnail

STATE FOCUS: Lassoing Jobs In Texas

Buisness Facilities Contributed Content

Another popular economic development incentive offered by the state is the Texas Enterprise Zone Program, which enables local communities to partner with the State of Texas to promote job creation and significant private investment, helping assist economically distressed areas of the state. billion in capital investment.

Texas 49