City expresses optimism that eliminating parking minimums will lower the cost of building housing
in the city. Austin officials can't do anything to lower that, so a large part of City Council's strategy to decrease housing costs is to allow more housing on each individual lot in Austin. Minimizing parking spots is one way to do that. As we reported, but before that, they voted Nov. 2 to eliminate parking mandates.) they want to include in their projects.
“If we truly want to achieve our progressive goals of making Austin a less car-dependent city, we cannot be forcing developers to provide car storage on every single new project.”In that same statement, city staff wrote that the change will have a positive effect on all types of housing – market rate, subsidized, and"naturally occurring affordable housing," which basically means older housing stock.
It's become something of a City Hall cliche at this point, but it bears repeating at least one more time – the thought that Council would eliminate off-street minimums for residential development was unimaginable even just three years ago. For many in the housing development community, the elimination of parking requirements had earned a spot as one of the holy trinity housing reforms that were coveted despite the widespread belief that they could never happen.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Council approves costlier contract for Mobile Civic Center parking garageThe City Council on Wednesday approved a costlier than anticipated $38.16 million contract for a parking garage at the Civic Center and authorized transferring $9.66 million from infrastructure project to cover cost overruns.
Read more »
SLO City Council agrees to bring back limited free parkingBY KAREN VELIE The San Luis Obispo City Council voted 5-0 on Tuesday to provide limited free parking downtown during a contentious meeting. The council
Read more »
LA City Council votes to ban overnight RV parking on multiple streetsThe new regulations prohibit overnight RV parking along several streets in West and South LA.
Read more »
Disney Q4 earnings top estimates as direct-to-consumer business slashes lossesDisney Q4 earnings top estimates as direct-to-consumer business slashes losses
Read more »
San Diego stores: Target's Thanksgiving Day hours, Ikea slashes discount, Walmart chills outIs Target open on Turkey Day? Plus free car washes and more hummus. Walmart's daily change impacts all stores nationwide.
Read more »