April 7, 2020
Round table reaction to covid; how pandemic has affected each person’s business and how is your industry vertical and firm creatively navigating the pandemic?
March 111, 2020
Guest speaker: Jay McKenzie Director, Consumer Insights & Communication Builders Digital Experience (BDX)
Community Land Trusts
White paper released on the benefits of Community Land Trusts. CLICK HERE to read the paper.
The Housing LMC did not meet in July and instead reviewed the first draft of the community land trust white paper and provided further feedback.
The Housing LMC met with the technical writer twice in July (each 90 minute sessions) to provide comments and direction on what should be included in the community land trust white paper.
Housing LMC members met to review an initial outline of the community land trust paper and discuss next steps. ULI staff also indicated that they would retain a technical writer to compile our outline, comments and findings from our site visits and turn that into a formal white paper.
Housing LMC members met to recap visits to land trust sites and shared highlights and lessons learned. Members also decided to begin work on a white paper to summarize how community land trusts are formed and operate and to look into issues that prevent them from being scaled up.
The Housing LMC continued exploring land trusts by touring the Guadalupe-Saldana subdivision developed by Guadalupe Neighborhood Development Corporation (GNDC). GNDC Executive Director Mark Rogers led the tour and talked about the history of the development, his partnership with Habitat for Humanity, and how he relocated homes from Rainey Street to the site. He also talked about how the community land trust was set up to ensure the single family homes remained permanently affordable.
The March Housing LMC meeting was the first of three meetings dedicated to community land trusts. The LMC toured The Chicon which was developed by Chestnut Neighborhood Revitalization Corporation as Austin’s first mixed-use, mixed-income, community land trust development. The Chicon includes 27 single family homes, and 21 of them are reserved for households earning up to 80% of the area median income. The development also includes ground floor retail and office space.
Understanding the Bonds on the Ballot
The Housing LMC welcomed John Lawler from the Keep Austin Affordable campaign to talk about the upcoming November 2018 affordable housing bond measure. Austin City Council placed the $250 million bond measure on the November ballot. In addition to providing funding for the development and rehabilitation of single family and multifamily housing, it also includes $100 million for the city to buy land to provide affordable housing.