The City of Austin Housing Department and the Austin Housing Finance Corporation (AHFC) awarded BCL of Texas’ Austin Community Land Trust (CLT) Accelerator program with $2 million in grant funding to continue working to prevent the displacement of renters and homeowners in Austin.

The Austin CLT Accelerator will grow and scale the capacity of a cohort of nonprofits to increase community land trust availability, establishing long-term affordable homeownership opportunities along Project Connect transit lines to help households stabilize their finances and avoid displacement.

Read the full Press Release: https://www.austintexas.gov/news/city-helping-renters-and-homeowners-stay-place-through-displacement-prevention-community-partnerships