Proposed VMU changes exchange taller buildings for added affordable housing

AUSTIN (KXAN) —  Although there are more housing developments popping up all over Austin, it doesn’t necessarily guarantee they will be affordable.This week, Austin City Council will decide on a new tier for its vertical mixed-use (VMU) program.Nowadays, any resident making 80% or less of the median family income in Austin — $98,900 — can qualify for affordable housing. Austin pilot program to give struggling residents $1,000 per monthOn average, what's defined as "a