Can Tech Fix Austin’s Affordable Housing Crisis?
Like most major American cities, Austin has a very real affordable housing crisis. Nearly half (49%) of Austin’s apartment renters are housing cost burdened, spending more than 30% of their income on housing. And it’s only going to get worse, as the metro’s production pace is 25% below where it needs to be to meet demand. While the need is acute, it’s a complicated equation to reduce development costs enough to make housing more affordable.
This session rethinks labor, materials, zoning, and the entitlement process, and identifies new tech-based solutions that can take out costs and expedite the process. Experts will provide data on savings their solutions could provide that the audience could implement and benefit from in the future.
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Additional Supporting Materials
- Gain a better understanding of the affordable rental housing problems cities like Austin are facing and the urgency around finding solutions.
- Identify new areas of housing development cost savings and quantify benefits that can reduce up to 20% of costs.
- Hear from tech leaders in modular housing, 3D printing, robotics on how quickly these new technologies are coming to market and gaining scale.
Jennifer Castenson, vp programming, Hanley Wood