What is SMART Housing?
The S.M.A.R.T. (Safe, Mixed-income, Accessible, Reasonably-priced, Transit-oriented) Housing Policy Initiative is an economic development program designed to stimulate construction of housing for low and moderate income residents in the Austin area. These multi-unit construction projects must meet the City’s Green Building standards and follow city-implemented rent controls, based on the medium income of the surrounding neighborhood. In exchange, the City of Austin provides apartment complexes with monetary compensation. This means reduced rent for qualifying residents.
The SMART Housing Policy is long and complicated (42 pages to be exact). We have refined it down to the main key points for your convenience. When you are ready to look at West Campus apartments or other properties in Austin that offer SMART Housing, give us a click or call!