Austin 26-2892: Approve an ordinance recertifying Guadalupe Neighborhood Development Corporation as a Community Land Trust and granting the corporation a property tax exemption on certain properties. Funding: The tax exemption covers the City portion of property taxes, resulting in unrealized revenue, and will aid in the development and preservation of long-term affordable housing.
Austin City Council ordinance 26-2892 would recertify Guadalupe Neighborhood Development Corporation as a Community Land Trust and grant a property tax exemption to aid long-term affordable housing.
Latest action (Nov 5, 2026): Status: Agenda Ready
Official page: austintexas.legistar.com/LegislationDetail.aspx?ID=29261&GUID=46264492