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Austin Receives $6.7 Million HUD Grant to Support Affordable Housing Initiatives

Feb 6, 2025

The City of Austin has received a $6.7 million grant from the U.S. Department of Housing and Urban Development (HUD) to help create more affordable housing over the next six years. The funds will support several initiatives, including financing the Ryan Drive affordable housing development and future projects in the South Congress area, as well as updating the Austin Strategic Housing Blueprint. A portion of the grant will also go toward creating new zoning tools to foster diverse and attainable housing options. Mayor Kirk Watson emphasized the city’s commitment to expanding equitable housing opportunities for all Austinites. Read more here: https://www.kxan.com/news/local/austin/nearly-7-million-awarded-to-city-of-austin-for-more-affordable-housing/

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