DALLAS – Austin, Texas could sustain its affordable housing program for six years with $27.5 million of general obligation bonds, instead of the $65 million of new debt that could be supported without raising taxes.

The Austin City Council on Thursday will consider four options for an affordable housing bond referendum in November.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.