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Benefits
Besides the expedited review and fee waivers offered to developers, S.M.A.R.T. Housing provides for several benefits to our community. They include:
- S.M.A.R.T. (Safe, Mixed-Income, Accessible, Reasonably-Priced, Transit Oriented) housing development
- Increased production of housing for low and moderate-income residents of Austin.
- Designates the Austin Housing Finance Corporation (AHFC) as lead agency for the production of S.M.A.R.T. housing units
- Designates NHCD as lead agency on housing policy issues and single point of contact for S.M.A.R.T. Housing developments
- Provides AHFC with first acceptance of any surplus City property
- Allows for full or partial fee waivers for S.M.A.R.T. Housing projects
A builder provides |
City of Austin provides |
10% Reasonably priced Housing Units |
25% Fee Waivers |
20% Reasonably priced Housing Units |
50% Fee Waivers |
30% Reasonably priced Housing Units |
75% Fee Waivers |
40% Reasonably priced Housing Units |
100% Fee Waivers |
- Includes adoption of housing rehabilitation guidelines
- Supports rehabilitation code and code enforcement
- Catalogues opportunities for improving S.M.A.R.T. Housing
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