Project Connect Anti-Displacement Funding
In collaboration with Austin Transit Partnership (ATP), CapMetro, and the City of Austin, Project Connect (Web) will expand Austin’s public transit system. More rail and bus options in Austin will help people get to their jobs, schools, and families. However, improvements that come with new transportation infrastructure can also lead to an increase in the cost of living. This can make Austin even more unaffordable to those who live here.
Voters approved $7.1 billion for Project Connect in November 2020. Proposition A (Web) included $300 million for anti-displacement work. Investments will focus on supporting displacement prevention efforts in areas near transit lines.
Guided by the recommendations of the Community Advisory Committee Anti-Displacement Working Group to meet community priorities, the City will invest these funds over 13 years. The table below outlines the anticipated allocations each year, grouped in multi-year cycles.
| 13-Year Breakdown | Fiscal Year | Funding Amount |
|---|---|---|
| Year 1 | 2020-21 | $23 million |
| Year 2 | 2021-22 | $42 million |
| Year 3 | 2022-23 | $35 million |
| Year 4 | 2023-24 | $20 million |
| Year 5 | 2024-25 | $20 million |
| Year 6 | 2025-26 | $20 million |
| Year 7 | 2026-27 | $20 million |
| Year 8 | 2027-28 | $20 million |
| Year 9 | 2028-29 | $20 million |
| Year 10 | 2029-30 | $20 million |
| Year 11 | 2030-31 | $20 million |
| Year 12 | 2031-32 | $20 million |
| Year 13 | 2032-33 | $20 million |
Project Connect Displacement Risk Area Maps and Dashboard
The dashboard shows areas within one mile of Project Connect stations that are at risk of displacement. It includes characteristics of those areas and other data that will help focus on where to make investments. Access the Project Connect Anti-Displacement Dashboard here.
Anti-Displacement Funding Impact to Date
Initial investments for years 1 and 2 were divided into three focus areas:
| 2020-2022 ($65 million) | Funding Amount |
|---|---|
| Land acquisition, preservation and rehabilitation | $23,000,000 |
| Affordable housing development | $21,000,000 |
| Programs and other strategies addressing immediate needs | $20,000,000 |
| Staffing, community engagement and marketing | $1,000,000 |
Community Initiated Solutions (Programs to address immediate needs)
In 2022, $20 million of anti-displacement funding became available for ideas from the community that focused on the needs of vulnerable neighborhoods. The Housing and Planning Department invited nonprofit organizations and partnerships to apply for funding that would support initiatives designed to prevent the displacement of renters and homeowners and create economic mobility opportunities. Learn more about the 12 organizations selected to receive Community Initiated Solutions funding.
Land Development
$21 million of anti-displacement funding was allocated to support the acquisition, rehabilitation, and construction of affordable housing. The funds helped private and nonprofit developers leverage other funding sources, including federal tax credits, state tax credits, and private activity bonds, and were administered through the City’s Rental Housing Development Assistance (RHDA) and Ownership Housing Development Assistance (OHDA) programs.
| Development Name | Location | Amount |
|---|---|---|
| Highland Studios | 5900 Airport Blvd. | $816,331 |
| Libertad Austin @ Gardner | 900 Gardner Road | $4,5000,000 |
| Parker Apartments | 2105 Parker Lane | $5,563,669 |
| Pathways @ Rosewood Courts | 2001 Rosewood Ave. | $9,200,000 |
| Loyola | 5301 Loyola Lane | $920,000 |
To learn more about these projects, visit the Project Connect Spending Dashboard.
Land Acquisition
$23 million of anti-displacement funding was available for land acquisition. This included $8 million in loans to eligible 501c3 nonprofit organizations through our new Community Acquisition Program to preserve and develop affordable housing as well as purchase small sites for future development. Applications opened in December 2021 and will remain open until all funds have been allocated. Remaining funds were used by Austin Housing Finance Corporation to acquire multifamily properties and extend or preserve affordability along Project Connect lines.
| Development Name | Location | Amount |
|---|---|---|
| Midtown Flats | 615 W. St Johns Ave. | $7,720,000 |
| City View at the Park | 200 Woodward St. | $2,600,000 |
| SOCO 121 | 2105 Parker Lane | $4,720,000 |
| Garcreek Acquisition | 8402 Garcreek Circle | $458,000 |
To learn more about these projects, visit the Project Connect Spending Dashboard.
| Development Name | Location | Amount |
|---|---|---|
| Highland Studios | 5900 Airport Blvd. | $816,331 |
| Libertad Austin @ Gardner | 900 Gardner Road | $4,5000,000 |
| Parker Apartments | 2105 Parker Lane | $5,563,669 |
| Pathways @ Rosewood Courts | 2001 Rosewood Ave. | $9,200,000 |
| Loyola | 5301 Loyola Lane | $920,000 |
To learn more about these projects, visit the Project Connect Spending Dashboard.
Land Acquisition
$23 million of anti-displacement funding was available for land acquisition. This included $8 million in loans to eligible 501c3 nonprofit organizations through our new Community Acquisition Program to preserve and develop affordable housing as well as purchase small sites for future development. Applications opened in December 2021 and will remain open until all funds have been allocated. Remaining funds were used by Austin Housing Finance Corporation to acquire multifamily properties and extend or preserve affordability along Project Connect lines.
| Development Name | Location | Amount |
|---|---|---|
| Midtown Flats | 615 W. St Johns Ave. | $7,720,000 |
| City View at the Park | 200 Woodward St. | $2,600,000 |
| SOCO 121 | 2105 Parker Lane | $4,720,000 |
| Garcreek Acquisition | 8402 Garcreek Circle | $458,000 |
To learn more about these projects, visit the Project Connect Spending Dashboard.
Community Engagement
Find out how the community plays a role in guiding how Project Connect Anti-Displacement Funding is spent.
Thank you to everyone who engaged with us to help guide the Project Connect Anti-Displacement funds. Check out the engagement report from community meetings held in the fall of 2022.
Funding recommendations for years 3-5 were presented to City Council by the Project Connect Community Advisory Committee. The recommendations were approved on April 6, 2023. The table below shows the allocations that will be made between 2023 and 2025. Stay tuned to this page for updates on these investments.
| 2023-2025 ($75 million) | Funding Amount |
|---|---|
| Land acquisition, preservation and rehabilitation | $43,000,000 |
| Affordable housing development | $14,000,000 |
| Programs and other strategies addressing immediate needs | $14,000,000 |
| Staffing, community engagement and marketing | $4,000,000 |
*Staffing, community engagement, and marketing listed separately from pie chart funding summary above.
We are here in the funding timeline! Updates coming soon.
Guided by the recommendations of the Community Advisory Committee Anti-Displacement Working Group to meet community priorities, the City will invest these funds over 13 years.
| Years Breakdown | Fiscal Year | Funding Amount |
|---|---|---|
| Year 6 | 2025-26 | $20 million |
| Year 7 | 2026-27 | $20 million |
| Year 8 | 2027-28 | $20 million |
| Years Breakdown | Fiscal Year | Funding Amount |
|---|---|---|
| Year 9 | 2028-29 | $20 million |
| Year 10 | 2029-30 | $20 million |
| Year 11 | 2030-31 | $20 million |
| Year 12 | 2031-32 | $20 million |
| Year 13 | 2032-33 | $20 million |
Project Connect Anti-Displacement Spending Dashboard
Following Council Resolution 20200807-003, the Austin Housing Displacement Prevention Division led the development of the Project Connect Anti-Displacement Dashboard to track spending of the $300 million anti-displacement funds approved by voters in 2020. The Dashboard currently tracks the spending of the funds allocated to fiscal years 2020 – 2022; a total of $65 million for: land development ($21 million), land acquisition ($23 million), and other anti-displacement strategies through the Community-initiated Solutions programs ($20 million)
The Project Connect Anti-Displacement Dashboard tracks the spending of the Project Connect anti-displacement funds to date. This information is compiled and displayed in this tracking digital dashboard:
*When you click on the link, make sure to toggle between the two dashboard windows, using the arrows at the bottom of the screen. The dashboard will be updated monthly.