City of Austin Performance Report 2014-15
Rental Units Created and/or Retained Through the Rental Housing Development Assistance Program
This measure captures the number of units created and/or retained through the Rental Housing Development Assistance (RHDA) program. This measure provides a snapshot of the total impact of these specific services provided by Neighborhood Housing and Community Development (NHCD) to the community.
This measure is calculated by summing the total number of units created and/or retained through the RHDA program.
FY 2014-15 Results
The goal for FY 2014-15 was to serve 310 households through the RHDA program. In FY 2014-15, NHCD served 191 households achieving only 61% of the goal.
Assessment of Results
The Rental Housing Development Assistance Program (RHDA) fell short of the annual goal by 119 units. The Department anticipated the completion of a housing development by the end of FY 2014-15 that would have contributed 170 additional affordable units, but the construction was delayed due to severe weather and reported completed in FY 2015-16. Due to the timing issue, the units from this housing development will be included in the production for the current fiscal year, 2015-16.
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. The City remains committed to the creation of affordable rental opportunities particularly in areas where development pressures are severely impacting affordability, for the most vulnerable populations and in conjunction with other interdepartmental City of Austin initiatives.
For more information contact Rebecca Giello, Assistant Director, at 512-974-3045.