Some say Austin real estate is over-valued. We interviewed local economists who say otherwise. Find out the true reasons driving higher home prices in Austin, Texas.
Austin’s Best Place to Work Continues to Drive Home Its Mission with Its $50,000 Matching Gift Fund to Assist Growing Need of Affordable Housing in Austin AUSTIN, TX — Media Coverage – Realty Austin, an award-winning Austin-based real estate brokerage, and Foundation Communities announce final results of their 2014 match fund partnership. Together they celebrate another record-breaking milestone of $1,258,570 total funds pledged at the annual fundraiser held at newly developed property Capital Studios. Three years ago Realty Austin and its team took the lead and sponsored the matching gift fund for the local nonprofit. Co-owners Jonathan and Yvette Boatwright generously matched contributions by their kindhearted team of real estate agents and staff for a total gift of $50,000 annually. Yvette Boatwright, co-owner of Realty Austin said, “The work Foundation Communities accomplishes is tremendous and something we are proud to support. They serve an important role in our community for our neighbors who struggle. The response from our team has been overwhelming, as they have signed up to make a deeper impact by providing supper clubs, family support, back to school assistance, and more.” In previous years of giving, the nonprofit received nearly $800,000 in pledges at the annual event. 2014’s single fundraising luncheon resulted in a 50% increase with over $1.2 million to help working families with kids, veterans, seniors, and individuals with disabilities. This matching gift fund serves as inspiration for the nearly 700 guests at the annual fundraiser to become ‘Home Builders’, multi-year donors who enable the organization to grow in planned, strategic ways over time. Walter Moreau, Executive Director of Foundation Communities said, “Realty Austin is a valuable partner to our organization as we move forward with our dreams for the future. We are humbled by the outpouring of support by their team who make it possible for us to better serve the community. Kudos to Jonathan and Yvette for being philanthropic leaders and lending their voice to help capture the attention of the public for affordable housing needs.” Foundation Communities brings awareness and solutions to the crisis of affordable housing in Austin. Since opening their doors nearly 25 years ago, the local nonprofit has helped over 5,000 families and individuals – including 228 formerly homeless children – find a home and a better quality of life. To support Foundation Communities, donate online at foundcom.org, or call Peachy Myers, Director of Community Engagement at 512.610.4024.
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