AUSTIN (KXAN) -- The city of Austin Housing Department announced in a Monday press release more than $46.1 million was approved for eight affordable housing developments in Districts 1,3,4,7 and 9.

Those funds, approved by the Austin Housing Finance Corporation (AHFC) Board meetings this year, were allocated towards the Rental Housing Development (RHDA) program.

According to the release, the funds will aid in the construction of 728 affordable rental units for households earning at or below 30, 50 and 60% of the median family income (MFI).

Housing Department Director Deletta Dean said this is a major step for Austin’s vision of “safe, stable, and affordable housing in every part of our city.”

“By building new communities and preserving existing ones, we can help residents stay rooted a

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