An update on Austin's novel real estate buys during the pandemic
During the pandemic, when hotels were not needed much, the city of Austin purchased several to serve people experiencing homelessness. It spent tens of millions of dollars on the properties and renovations, collectively. Two of the hotels the city of Austin previously purchased are being used as bridge shelters, which provide a temporary unit for people to get on their feet before being moved to permanent supportive housing or other more permanent housing. Two others are now operating as permanent…
During the pandemic, when hotels were not needed much, the city of Austin purchased several to serve people experiencing homelessness. It spent tens of millions of dollars on the properties and renovations, collectively.
Two of the hotels the city of Austin previously purchased are being used as bridge shelters, which provide a temporary unit for people to get on their feet before being moved to permanent supportive housing or other more permanent housing.
Two others are now operating as permanent… 
