The city council of Austin has recently given the green light to the Opportunity Unlocked program, an innovative approach designed to tackle the city’s pressing need for affordable housing. This subsidy-free, density bonus program aims to encourage contractors to add more bedrooms to new construction projects and permit the development of multifamily units on previously single-family lots. The proposed ordinance will be up for final approval on October 19th at the city council meeting. Take advantage of Austin’s growing housing market and find the perfect home by visiting our [Austin Home Search](https://austin.localteam.ai/austin-home-search/) page. If you are considering a move to Austin and need help with your transition, check out our comprehensive [Austin Relocation Guide](https://austin.localteam.ai/moving-to-austin-texas-the-ultimate-relocation-guide/). Looking to sell your home? Discover its potential value on our [What’s My Home Worth](https://austin.localteam.ai/what-is-my-home-worth/) page. Read more about the Opportunity Unlocked program on the original news article [here](https://www.recenter.tamu.edu/news/newstalk-texas/?Item=29341).
7 Tips for Winning a Bidding War in Austin
Learn essential strategies for winning a bidding war in Austin's competitive housing market, from securing pre-approval to building trust with sellers.
Austin Local Team | Dec 23, 2024 | 8 min read
