Austin: 14 nonprofits to split $20M in Project Connect anti-displacement funding

Published: Thu, 09/29/22

14 nonprofits to split $20M in Project Connect anti-displacement funding

 


A screenshot of part of the System map for the Project Connect plan in Austin.
(Courtesy: Capital Metro)

KXAN
by: 
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AUSTIN (KXAN) — The Austin City Council approved awarding 14 Central Texas nonprofits with funding Thursday to support Project Connect’s anti-displacement efforts. Project Connect is the city’s multi-billion-dollar transportation system upgrade in the works, with $300 million of the project’s total budget allocated to anti-displacement initiatives.

The Austin City Council earmarked $65 million in anti-displacement funding in its fiscal year 2020-21 and FY 2021-22 budgets. That $65 million pool is broken down into $23 million for land acquisition for affordable housing; $21 million in rental housing and ownership housing development efforts; and $20 million for community-initiated solutions.

The $20 million for community-initiated solutions is the funding that will go toward the following 14 nonprofits in their anti-displacement initiatives:

The nonprofits selected were ranked based on several criteria, including:

Beginning in FY23, budget priorities for Project Connect’s anti-displacement funding will be established every three years. There will be community engagement initiatives to help get a pulse check on what investments and funding allocations should be prioritized, along with public feedback opportunities.

 


2131 N Collins Ste 433-721
Arlington TX 76011
USA


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