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Community Development Commission urges Austin City Council to budget for equity-overlay recommendations
Summary
The Austin Community Development Commission unanimously recommended the City Council proactively allocate funding to implement anticipated recommendations from an equity overlay feasibility study, after reading and voting on a budget recommendation at its March 11 meeting.
The Austin Community Development Commission voted March 11 to send a budget recommendation to the Austin City Council asking the council to plan for funding needed to implement recommendations expected from an ongoing equity overlay feasibility study.
Commission Chair Elias read the commission’s recommendation aloud: “The Austin Community Development Commission received unprecedented testimony from the community supporting the equity overlay. An equity overlay would allow for vulnerable communities to have a voice in the development process in order to decrease the pressures from gentrification and displacement...The Austin…
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