Percent of Affordable Units Created or Retained with Two or More Bedrooms
The percent of affordable units preserved or created with two or more bedrooms measure illustrates the percent of units that have enough bedrooms to be family-friendly.
This measure is calculated by dividing the number of housing units preserved or created with two or more bedrooms by the total number of housing units preserved or created.
FY 2015-16 Results
The goal for FY 2015-16 was for at least 25 percent of the affordable units constructed or preserved through capital investment to have two or more bedrooms. In FY 2015-16, NHCD constructed or preserved 310 affordable rental housing units, and 71 percent of those units had two or more bedrooms.
Assessment of Results
FY 2015-16 was the first year to track this measure. 220 out of 310 affordable units preserved or created had two or more bedrooms in FY 2015-16. This successful performance is attributed to a high number of units with two or more bedrooms in developments funded in earlier years that were completed and occupied during FY 2015-16. The goal was set at 25 percent to be consistent with the goal for percent of units with two or more bedrooms included in the draft Strategic Housing Plan, which will be considered by City Council for potential adoption in the spring of 2017. While the Department’s performance significantly surpassed this goal in FY 2015-16, there may be other years in which a greater percent of units created and/or retained serve other populations, such as the homeless population, resulting in a smaller percent of units with two or more bedrooms. The Department will continue monitoring results for this measure and adjust goals for future years accordingly.
The City of Austin will continue to partner with non-profit and for-profit developers to provide affordable rental housing for low- and moderate-income households, and will ensure that at least 25 percent of those units have two or more bedrooms to accommodate families. The City remains committed to the creation of affordable housing for families and vulnerable populations in conjunction with other City initiatives.
For more information contact Rebecca Giello, Assistant Director, at 512-974-3045.