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Nonprofit aims to create more affordable housing in East Austin [Video]

Austin is still behind on its goals to build more affordable housing, but one nonprofit looks to close that gap.

AUSTIN, Texas — The need for affordable housing in Austin continues to grow, and one nonprofit is trying to bring more options to the city’s east side.

Foundation Communities is building a 156-unit complex called Norman Commons, next to Norman Sims Elementary. There will also be 32 for-sale units built by the Guadalupe Neighborhood Development Corporation.

Austin secured $58 million to construct Norman Commons, with the complex expected to be completed within two years.

It’s the 30th property for Foundation Communities. Ellie Acuna is a mother of two who lives at one of their properties near Norman Commons.

“Had we not had this opportunity we would have had to leave the city,” Acuna said. “That would have presented its own challenge for my family. I have two girls. My youngest has significant special needs. This happened to be affordable and next to Dell Children’s.”

Acuna works part-time …

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Charities webinar – Contract exposure: managing risks in legally binding agreements [Video]
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Charities webinar - Contract exposure: managing risks in legally binding agreements [Video]

On Wednesday 11 May, Edward Bouckley delivered the next webinar in our charities bite size series. In the webinar Edward looked at some of the key aspects of managing risk when entering into commercial contracts. He discussed:• What risk management is.• What risk is and why properly managing it is so important to charities.• Some of the ways risks can be managed in contacts.Edward also looked at some of the steps that you can take to better protect your charity when entering into contractual arrangements.Here are the timestamps to help guide you through this webinar:0:52 Birketts at a glance1:18 What we will cover today2:09 What is risk management?3:07 What is risk and why is it important?3:59 Contractual risk5:58 Identifying risk10:05 Written contracts11:34 Assessing Risk13:10 The danger of "pre-contractual" agreements14:27 A cautionary tale16:21 Rights and obligations17:51 Risk - allocating and controlling18:48 Transferring risk: indemnities20:00 Controlling risk: limitation of liability21:29 Practical tips23:18 QuestionsThe webinar ended with a Q&A. Disclaimer: The content of this webinar is for general information only. It is not, and should not be taken as, legal advice. If you require any further information in relation to this webinar please contact us in the first instance. Law covered as at May 2022. Meet our expert, Edward Bouckley: https://www.birketts.co.uk/our-lawyers/norwich/edward-bouckleyContact us at: https://www.birketts.co.uk/contact-usSign up to future webinars: https://www.birketts.co.uk/events​​​​ To ensure that you are invited to future webinars and receive our newsletters please opt in to our mailing lists and select the appropriate areas of interest. https://www.birketts.co.uk/register