Five proposed affordable housing projects are going before a committee Tuesday that will review whether the proposed developments are in compliance with the city's affordable housing requirements. After the Housing Bond Review Committee has reviewed the five applications, the proposals will go to Rosie Truelove, the city's Neighborhood Housing and Community Development interim director, who will make recommendations to Austin City Council on whether to fully or partially fund the projects. Voters approved a $65 million bond to be spent on affordable housing projects in November 2013. Housing Development Manager David Potter said the city has spent $27 million of the bond so far.
Rebekah Baines Johnson Center
Located at 21 Waller St. and run by the Austin Geriatric Center, the project consists of 491 units available for rent. It aims to serve low-income residents over age 62 and those who are most vulnerable to homelessness and will also have 10 permanent supportive housing units. The AGC is asking for $7 million to renovate the current 16-floor, 48-year-old Rebekah Baines Johnson tower—which houses 250 people—and add about 253 units of new construction.
Govalle Terrace
Ninety-seven units are proposed for the tentatively-named Govalle Terrace, located in East Austin at 1141 Shady Lane. The Cesar Chavez Foundation, the organization developing the project, is asking for $3.38 million to build a four-story, mixed-income, multifamily development on 3.9 acres. Of the 97 studios, and one-, two- and three-bedroom units proposed, 78 will target people who make 30-60 percent of the average median income, or AMI.
Alley Flats
Developed by the Guadaloupe Neighborhood Development Corporation, the seven units that make up Alley Flats would be located on Gonzales, Prado, Lydia and Willow streets and vary in size from one to three bedrooms. The GNDC is asking for $1.28 million to build the units, which will cater to those making between 0 and 50 percent of the AMI. Two of the seven proposed units are currently empty, and the other five have yet to be built.









