HousingWorks Austin Newsletter February 2016

February 2016 EDITION

LETTER FROM THE DIRECTOR
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2016 marks the 10th anniversary of affordable housing bonds in Austin. HousingWorks is committed to keeping voters informed about the housing bonds and our community's return on investment.

As a 2012 HousingWorks study showed, the $55 million 2006 bond package helped fund more than 3,400 affordable housing units, with a 10-year economic return of $856 million. To date, the City has committed approximately $26 million dollars of the $65 million bond package voters approved in 2013. We have a detailed update on how those funds have been awarded on our website. We're also taking you on a video tour of one of the first of the properties to open, Foundation Communities' Homestead Oaks.

In the coming months, we will publish an in-depth return on investment analysis of the economic impact of the 2013 bonds, including jobs created, funding leveraged and the local multiplier effect.

Of course, we could not continue the important work that we do without supporters like you! Please help us reach our fundraising goal of $5,000 for Amplify Austin. Thank you for helping us to keep Austin affordable.

-- Mandy DeMayo
Executive Director, HousingWorks Austin

Foundation Communities Raises the Bar for Affordable Housing

Nestled among hundreds of legacy oak trees, Homestead Oaks Apartments in southwest Austin, is setting a new standard for green, and serene affordable housing. Homestead opened last month and is filling up quickly. Take a video tour of Homestead and find out what other affordable properties are on the way with funding from the 2013 housing bonds on our website.

New Video shows how HousingWorks Supports Affordable Housing

HousingWorks Austin has set a goal of raising $5,000 during this year's Amplify Austin event. You don't have to wait until March 8th to donate.You can schedule your tax deductible gift today through our profile page. While you're there, check out the new video titled "What is our Mission" that explains the three ways we fulfill our mission to create affordable housing for all types of people in all parts of town. Click here.