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Consultation has concluded
Welcome to Tannehill Lane Development ATX!
The Austin Housing Finance Corporation is a quasi-public non-profit entity created by the Austin City Council in 1979 whose mission is to generate and implement strategic housing solutions for the benefit of low- and moderate-income residents of the city.
Proposed Development Objectives
AHFC’s goals are to partner with a developer/builder identified through a request for proposal process to develop the property for affordable housing. AHFC's proposed Development Objectives include:
Maximize the number of affordable units
Provide affordable homeownership opportunities for low- and moderate-income households being priced out of the area, such as but not limited to teachers, firefighters, etc.
Maximize the number of affordable multibedroom units for families
Prioritize housing for households who’ve been previously displaced from the area
Ensure responsible stewardship of City funds
The Austin Housing Finance Corporation (AHFC) currently owns a 7.96 - acre property in East Austin located at 3811 Tannehill Lane and seeks to develop this property with income-restricted housing affordable to low-income households. Austin Housing Finance Corporation has accepted 10 proposals that are now available for review and consideration on the project’s webpage found here:
The Austin Housing Finance Corporation is a quasi-public non-profit entity created by the Austin City Council in 1979 whose mission is to generate and implement strategic housing solutions for the benefit of low- and moderate-income residents of the city.
Proposed Development Objectives
AHFC’s goals are to partner with a developer/builder identified through a request for proposal process to develop the property for affordable housing. AHFC's proposed Development Objectives include:
Maximize the number of affordable units
Provide affordable homeownership opportunities for low- and moderate-income households being priced out of the area, such as but not limited to teachers, firefighters, etc.
Maximize the number of affordable multibedroom units for families
Prioritize housing for households who’ve been previously displaced from the area
Ensure responsible stewardship of City funds
The Austin Housing Finance Corporation (AHFC) currently owns a 7.96 - acre property in East Austin located at 3811 Tannehill Lane and seeks to develop this property with income-restricted housing affordable to low-income households. Austin Housing Finance Corporation has accepted 10 proposals that are now available for review and consideration on the project’s webpage found here:
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