On the heels of leveraging $10 Million in housing assistance from Travis County one day prior, Central Texas Interfaith leaders called on the City of Austin to provide at least $40 Milllion in rental assistance for economically distressed families in the COVID-19 crisis.
Leaders noted that while at present, the City of Austin invests $1.2 million for rental assistance, and $7 million overall toward housing assistance, over 50% of low income Austin residents are considered “cost-burdened” (ie. pay over 30% of their income toward housing costs) and 93% of Very Low Income Austin residents are “distressed renters”.
Parish leaders from Our Lady of Guadalupe Catholic in East Austin argue that “even though evictions have been halted, rent and late fees are piling up, and many residents are receiving warnings from landlords to pay up. Austin did well by creating the RISE fund and some rental assistance programs, but we can, and must do more.”
Group to Austin Leaders: Give $40 Million Cut From Coronavirus Funds to Renters, Austin American Statesman [pdf]
Austin Allocating Far Less in Rental Assistance During COVID-19 Crisis Compared to Other Texas Cities, KVUE (Pre-conference) [video] [pdf]
Travis County Approves $10M for Direct Rental and Mortgage Assistance, Austin Monitor [pdf]
Housing Committee Talks Scaling Rental Assistance Program, Austin Monitor [pdf]