Impact Hub Austin launches affordable housing accelerator.
The search for affordable housing solutions continues. Among the recent efforts: Chan-Zuckerberg Initiative’s funding for teacher housing in the Bay Area; KKR’s commitment to low-cost homes in India; and the Netherlands’ €2 Billion in affordable housing bonds.
Now comes Impact Hub Austin, which is trying to address the strain housing costs are putting on more than a third of city residents with an Affordable Housing Accelerator.
“If we don’t solve affordability and we lose the people in these communities, we will lose the creative energy and spark,” Mayor Steve Adler said at the accelerator’s launch.The three-month program is supported by Google, Chase and the Austin Board of Realtors. Applications are open.