High housing costs are destabilizing Austin’s local communities by driving out low- and moderate-income families with children. The Guadalupe Neighborhood Development Corporation (GNDC) will scale its innovative housing and early childhood education model by partnering with a local preschool to expand housing and education opportunities for families living in an underserved neighborhood in southeast Austin.
GNDC’s housing-plus-education model builds affordable housing on underutilized land owned by local schools, while also expanding school resources. GNDC will partner with Escuela Montessori de Montopolis to develop a state-of-the-art preschool campus that will expand early learning opportunities and add approximately 90 units of affordable housing.
The project will demonstrate how housing providers can partner with private and public schools to create additional affordable units and improve education opportunities and outcomes in underserved communities.
Can partnerships with housing providers and educators leveraging vacant school land increase access to affordable housing for low-income families while increasing access to quality education for children?
Rachel StoneRachel Stone is the Assistant Executive Director of Guadalupe Neighborhood Development Corp. Rachel is an attorney with a passion for green, affordable housing and community development. She has experience working in clean energy financing and development for affordable multifamily properties and is a former HUD attorney.
Guadalupe Neighborhood Development Corp.
Guadalupe Neighborhood Development Corp. (GNDC) has provided affordable housing solutions to families from East Austin for more than 35 years. GNDC uses its resources exclusively for charitable and educational purposes related to the development and rehabilitation of high-quality affordable housing for low- to moderate-income families. GNDC also works to improve, revitalize, and preserve residential neighborhoods.
Meet the Contract Awardees from Phase Three of The Challenge: