Investing in the Alley Flat Initiative is a key tool to create and retain affordability in Austin. This newly-constructed, single-family rental unit in Central East Austin offers green, sustainable living to very low income individuals.

photo of Lydia Street Alley Flat

Development: GNDC - Lydia Street Alley Flat
Award Recipient: Guadalupe Neighborhood Development Corporation
Development Profile: Rental housing; new construction.
Total Housing Units: 1
Investment Impact: 1 affordable unit at 99 years
Affordability: 50% median family income or less
Location: 904 Lydia St., Austin, TX 78702
Source of Funding: General Obligation Bonds
Amount Awarded: $60,000
Project Status: Construction complete