In the Nov. 5 General/Municipal special election, voters approved the City of Austin proposition for $65 million in general obligation bonds for affordable housing. The proposition passed 39,878 (60.38 percent) to 26,167 (39.62 percent). These are the unofficial final results from Travis County. The results will be ratified by the City of Austin on Nov. 18.
The voter-approved bond will allow the City to borrow $65 million to partner with organizations to utilize these funds for affordable rental and ownership housing as well as for the preservation of existing affordable housing.