How Do You Define Affordability?
The U.S. Department of Housing and Urban Development (HUD) defines affordable housing as: “Housing in which the occupant(s) is/are paying no more than 30% of his or her income for gross housing costs, including utilities.”
Additionally, if you take transportation costs into consideration, HUD says that households that spend more than 45% of their income are cost burdened.
Who Can Apply To The Accelerator?
We believe that good ideas are in all sectors of our community and we welcome them all! Whether you are an individual, startup, small team, non-profit, government program, or agent of change – we invite your solution!
What Do I Receive As A Participant?
Impact Hub North and South are open to you. Our community, our amenities, our coffee, and our swings! We pride ourselves in creating spaces and moments where serendipity is at work and inspiration is constantly at play.
COACHING AND TRAINING
Drawing on the skills and expertise of our team, our network of mentors and your own cohort members, we provide customized coaching and a series of trainings in key skills for venture and impact success.
CROSS SECTOR NETWORK BUILDING
Impact Hub Austin creates a platform for leading affordability and start-up advisors, mentors, and experts in government, business, and non-profits available to connect to you and support your growth. We will identify the challenges you have and connect you to the solutions you need to succeed, including customers, beneficiaries, potential partners, funders, and talent.
We know that people often learn the most from their peers, so we facilitate opportunities for you and your cohort members to share insights, resources, ideas, and contacts.
Does It Cost Anything To Participate In The Accelerator?
No, it is free if you are selected to participate.
How Many Participants Are Selected For Accelerator?
Up to 10 individuals/teams.