Since the late 1990s, Austin has seen a dramatic rise in housing costs, with affluent young professionals moving into central neighborhoods and pushing established residents to the outskirts or out of the city altogether. This displacement is most dramatic in the same neighborhoods where Black and Latinx residents were previously forced to live after being pushed out of communities due to racial and ethnic segregation. As the city prepares to launch Project Connect — a transit plan that includes such services as a new rail system, downtown transit tunnel, and an expanded bus system — there is an acknowledgment that the project must address displacement prevention as a primary tenant of its program implementation. In response, city officials budgeted $300 million for anti-displacement programming to be spent over the duration of the project and managed by the Housing and Planning Department.
To support this work, the Housing and Planning Department will partner with FUSE Executive Fellow Hala Farid for one year to disperse $300M for anti-displacement efforts, focusing on preventing Black and Hispanic residents from being priced out of their neighborhoods. Hala will engage with the community and form a broad portfolio of displacement prevention programming.