"Applications open soon to build three homes on one lot through Austin's new HOME Initiative"
Posted by Grossman & Jones Group on
Austin Business Journal reports, "developers and homebuilders hoping to take advantage of a new program that will allow up to three residential units to be built on a lot currently zoned for one are about to get their chance.
That's because the HOME Initiative goes into effect Feb. 5, and those who are interested can start applying at that time.
Applications must be submitted through Austin's residential plan review process, according to a new city information hub devoted to the HOME Initiative, which stands for Home Options for Middle-income Empowerment.
The initiative allows the construction of up to three dwellings on lots currently zoned SF-1, SF-2 and SF-3. Most single-family homes in Austin fall into one of those zoning categories.
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