Quote:
Originally Posted by ILUVSAT
https://www.bizjournals.com/austin/n...onus-fees.html
Could someone who is on-the-ground there explain to those who don't know...what is the city doing with these millions of dollars in "affordable housing" fees? I don't hear anything of the city developing housing. Where is this money going? Why don't we hear about citizens suing the city for collecting these fees and sitting on the money (or mis-appropriating it)?
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In the last couple of years the city has spent tens of millions on housing, including spending (or at least appropriating) 20M or so on hotels.
Quote:
Originally Posted by ILUVSAT
Didn't I read recently that the city owns hundreds of acres of unused land? If so, why do they seem to continue to opine about housing affordability while sitting on millions and hundreds of acres of land?
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Yes, in a shitty article that didn't even do the first step of research, or they would have quickly discovered that 99% of that land is restricted water quality lands (much of it federally restricted) or flood plain lands the city just got done moving housing _off_ of.