As the years go on, prices on everything are continuing to rise. We've seen food get more pricey, certain clothing items cost more, and of course, rent getting higher. Yes, it feels like day-by-day, the cost of living gets tougher to handle.

Texas definitely has seen growth in prices of everything, and it has caused a headache or two for some individuals. Whether moving to or leaving the Austin area, housing cost is absolutely a factor in it. So is there anyway for the cost to go down or somehow make it easier on the wallet for Texans?

Thankfully, it looks like help is on the way. What does the help consist of though?

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How Is Austin Going To Deal With The Growing Cost Of Living In The City?

As reported by KXAN, The United States Department of Housing and Urban Development is giving the city a massive boost in funds. With $6.7 million from the department, the city can address housing problems. This money was part of the Pathways to Removing Obstacles to Housing program.

KXAN revealed that the project has four main goals:

- help communities address restrictive land use or regulatory policies
- improve and implement housing strategies
- invest in local neighborhoods and increase community resilience
- facilitate the construction of new housing and repairs to existing homes

In addition, a statement was provided by the bureau: “Winners of the PRO Housing competition will update state and local housing plans, revise land use policies, streamline the permitting process for housing construction, and take other actions to create more housing-forward communities."

If more information becomes available, we will report it here.

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