A success story in the housing crisis- a group of tenants has cut the average rent of an 800 sq. ft. apartment in half.
Hardy House, a cooperative housing site in North Austin that was originally built as a fourplex, is now expanding. They negotiated an affordable lease agreement in January as rent remains high in Austin.
"For the past two years we've been renting out just half the building and the other half was vacant since last summer. A couple weeks ago we negotiated a contract for the other half, so now we can take over the entire building and expand," said Danial Kaufman, Treasurer of Hardy House Cooperative.
Kaufman took part in negotiating the contract with the landlord and said four new rooms are available for rent beginning this month.
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