AFFORDABILITY ON THE MINDS OF HOUSING EXPERTS GATHERED IN AUSTIN
Affordability has also become a recent priority for Austin-based investment firm Noble Capital, which has signed on as a sponsor of Impact Hub Austin’s Affordability Accelerator.
“With its Affordable Housing Accelerator, co-working space Impact Hub Austin has endeavored to tackle one of Austin’s most complex and persistent problems: a lack of affordable housing.”
“The startups went about tackling this issue in a variety of ways, such as creating new financing options to make it easier for people to purchase “tiny homes” or install the units on their property in order to provide housing to renters, or using 3-D technologies to help build homes.”
“There is frustration… not only with what’s happening in Washington but also a realization that the tech community must help to preserve some of the cultural values that they believe made Austin a top tech city in the first place.”
Austin Business Journal
From tiny homes to 3D printing, A handful of companies took part in the Impact Hub Austin accelerator, which supports ideas trying to make Austin’s rapid growth more equitable.
Impact Hub unveils ‘radically hopeful’ ideas for tackling Austin’s housing affordability issues
Housing Repair Funds, 3-D Printed Homes Pitched As Affordability Solutions
“The power here is in the networking and coaching that will help them focus in on a problem and hopefully find a solution…”
“Alex Le Roux has an unusual idea for how to lower the cost of housing in Austin. He wants to build homes using a 3D printer…. Those sorts of ideas are just what organizers of a new Austin affordable housing accelerator program are looking for.”
“A cohort of new business accelerator programs in Austin is looking for entrepreneurs with ideas that can make the world a better place and make a profit. By applying the accelerator model to these startups, program directors hope to help the most promising business ideas succeed faster.”
“It’s true: two of the most pressing issues in Austin are affordable housing and mobility. Now, a new accelerator program backed by some of Austin’s most powerful advocates aims to find a needle in a haystack — an idea that truly turns Austin’s affordability trend around before it’s too late.”