Austin, TX
Who’s running for Austin City Council District 7? Meet Gary Bledsoe
AUSTIN (KXAN) — After no one candidate secured more than 50% of the vote in November for Austin City Council’s open District 7 seat, the top two candidates, Gary Bledsoe and Mike Siegel, will head to a runoff this December. KXAN did sit-down interviews with both candidates.
Here’s what you need to know about the runoff:
- Only District 7 residents are allowed to vote in this race
- Dec. 2: Early voting begins
- Dec 3: Last day to apply for ballot by mail
- Dec. 10: Last day of early voting
- Dec. 14: Election Day
Here is a transcript of most of KXAN’s conversation with Bledsoe.
KXAN City Hall reporter Grace Reader: Tell me a little bit about why you decided to run in the first place.
Well, I’ve decided to run for District 7 for the Austin City Council because there is a need on the Austin City Council for common sense leadership, and I have a great deal of experience in exemplifying to all that I can engage in public leadership that is common sense leadership. I have a demonstrated record at the Texas Legislature working with many others to help pass anti-racial profiling legislation to pass the top 10% law to alleviate issues related to affirmative action. I’ve worked with legislators to pass common sense laws in reference to how we handle problems with parole or probation. So I have a demonstrated record in working with diversion interests to actually make a difference.
I have a demonstrated record on the local level. I have actually engaged with the Austin Police Department. Brought racial sensitivity training to them way back in the 1990s. I’ve worked with them to make sure that they have validated testing so that police officers would not have their lives impacted by arbitrary exams and would have to have validated exams relating to the jobs they were seeking to have to determine whether or not they would actually be promoted. It is my efforts that led to the video cameras in police cars, that led to us having a police monitor’s office, my efforts that helped lead to requiring those things on a statewide level as well.
So I think that I have a demonstrated record of being able to do things, and I think now we’re moving into a time of extremism, and I have a demonstrated record of fighting against extremism — whether some of the fights I’ve had against the Ku Klux Klan that have been successful, whether it’s some of the other fights that I’ve had against hate groups or organizations around the state — I have a track record of showing that I can work in the public interest and with common sense approaches to addressing these issues. And now I think we know that we are seeing a rising tide of extremism, and so I think to have someone who is a watchdog, like the Austin American Statesman says I will be, to be on the council to watch out and protect the public interest and to make sure our community does the right things, I think that would be a real asset. So that’s what I bring to the table, being a watchdog over time, trying to make sure that the public interest was protected, and I want to continue to do that for the citizens in District 7.
Reader: Walk me through your resume.
Well, I’m a civil rights lawyer. I’ve been a civil rights lawyer for many, many years. I have been involved in a number of types of different litigation, whether it’s litigation to improve conditions in police departments for police officers, whether it’s issues that relate to the matter of how to handle matters with citizens, specific citizens. I have been engaged in litigation that involves redistricting that has led to changes and to help eliminate or address or minimize gerrymandering that may have come from the Texas legislature.
I am a leader in the civil rights movement. I am the head of the NAACP in Texas. I’ve been so since 1991. I’m on the board of directors of the ACLU. I’m taking a leave from those positions, basically to run for office. But I have a demonstrated record there, and I have a demonstrated record in terms of litigation. I have a demonstrated record in terms of, I was one of the lawyers that helped fight against the voter identification law in the state of Texas to invalidate that voter identification law. I’m an individual who has brought legal challenges that have led to some of the positive results that I mentioned earlier, whether it’s video cameras in cars here locally, or body cams on police officers, even the police monitor’s office making for fair circumstances for police promotions to protect the interests of individual police officers. So I’ve been involved in many ways, in a number of different activities around the state, and I think I’ve been acknowledged in terms of the types of things I’ve tried to do, but also I’ve been an advocate. I’ve been an advocate at the state legislature. I’ve been an advocate to try to address some of the encroachments on civil rights and civil liberties, the intended encroachments on marginalizing people in different communities. Communities at the state legislature, where I’ve tried to work with people in both parties, and effectively done so, more a long time ago than recently. Even recently, we’ve been able to curb some of the most extreme legislation by being able to work together.
So I have a real track record that’s demonstrated, that’s on the record, that’s there. And let me say one other thing, I’m the one individual in the race that has been racially profiled. I had a police officer point a gun at my head, but also the only individual in the race that’s actually sat across the table from police to work on engaging the community and have more community policing to address the issues that confront our community. You know, I’m one that I don’t agree with people that say, ‘let’s defund the police.’ I think what we need to do is work to improve our police department, make it the best that we can, to make the officers as best, as good as they can be, and work with them on a number of issues. Like one of the issues I’ve worked with officers on, there’s been a real problem with the discipline of officers. There’s been so much feeling of retaliation of officers, a feeling that there’s cronyism and depending on what side you belong on. And so I’ve supported officers in trying to make sure that they could bring some real integrity to the discipline system.
So I have a realistic view on what needs to be done. I think we need to get involved more so in engaging more in positive community relations between different communities. You know, I know when people look at some African Americans, they may say, ‘well, you don’t like police.’ That’s not true. African Americans are really supportive of police. We’re just against police brutality, but we want police, law enforcement, and I think what’s what we find in District 7. In District 7, when I go door-to-door, people are concerned about public safety. They want to make sure that they get responses to their issues that occur in their community. They want to make sure that if they have a call where they need police support, that the police actually respond. There has been a problem with that, but there’s a problem with the understaffing in the police department, and we need to work with that. I know I’ve talked to the commander that is the control over District 7, and that commander is really trying to address the public safety needs as much as that commander can, but he indicated there was like a 37% rate of positions that are not filled, and that’s unsatisfactory. So I want to try to address all those issues in a common sense way, while we work with police to make them better for our community.
Reader: Public safety is obviously one of your top concerns. What are your other priorities?
Obviously, affordability is a huge priority. One of the things that made Austin special, right? We see the slogans of, ‘keep Austin weird,’ what have you. And I know we’ve been talking about, ‘keep Austin special.’ It’s kind of one of the slogans of my campaign. What made it special? I’m one of the folks that came here in the 1970s and we came about, and it was not the most embracing community. We had to fight to make this into an embracing community. And I think people saw what we created here, and everybody wants to come. And so now we see people that are coming in who don’t share our values, or maybe have more entrepreneurial ideas that want to take over and co-opt the city. And so what I want to see is that we address affordability, because what we’re doing is we’re displacing the very people that have made Austin special. You know why we were special is because we had our musicians, our artists, and all those people, they lived here in the community, and that’s one reason why we were weird. Where else could you find a homeless person that’s given the right to actually live in someone’s home in Westlake for a year while they’re out of town? That’s only in Austin could you actually have that. But we’re losing that now, because and I go door-to-door, I talk to parents to say that their kids have good jobs, but they can’t afford to live here.
I go door-to-door, I talk to parents to say that their kids have good jobs, but they can’t afford to live here.
Gary Bledsoe, Austin City Council District 7 candidate
You know, last night, I went to the Wallace ceremony, that is a celebration for some of our Indian American citizens. And it was really revealing when the musician talked about 20 years ago, he chose Austin over New York and California because it was affordable, but now it’s no longer affordable for him and he’s had to leave. And there was another person there at the dinner and she said, well, she had a nurse friend, and that nurse friend had to leave for the same reason. So I think we see people being displaced because it’s just too expensive. You know, I talked to one of the other individuals there who is actually a corporate exec of a small entity, but they have had to go and move to Buda because they couldn’t continue to afford to live in Austin. And we see story after story. And so when minorities are leaving, you see a real change in the demographic population, and so regular workers are leaving, we need to have a program that addresses on the housing front, how we can keep them here.
So the whole idea of affordability, we do need to have a market-based approach as part of it. But it’s not all that is needed. We have to be intentional about it. We have to be intentional so that we cover the people who are not at the higher end because the market-based approach is generally taken care of. And even all the experts acknowledge this, those at the higher end. So those who are at the middle part, who may be at the 40th, the 50th, 60th, the 70th percentile of median family income here, they’re not taken care of by any of these market-driven matters. And so those at the lower end, you know, I’ve been in communities where people who don’t have means, don’t live in the cities that they work in, and that is a real problem, even a problem with the whole issue with the environment, right?
Because they’re having to get there, and many different so affordability is a big issue, but we have to be intentional. We have to understand this. We have not just a housing crisis in this community, but we have a displacement crisis too, and those, those musicians and artists, even long-term residents of Austin, are being displaced from their homes. Because what happens sometimes is when there is new construction in an area showing in different highest and best use in a community, as the city staff has acknowledged, this will displace people because it will increase property values in the area. So we need a common sense approach to how we do this and we bring people in. We need a common sense approach that talks about apartments, that talks about condominiums, and that also talks about single-family housing or multi-family dwellings. All those things are part of the quotient, but we must do it with common sense. Now, transportation is going to be part of that. We need to make sure that we have more, that child care is more affordable, and I think the city of Austin doing some great things there. We need to continue and expand upon those, but we need to be realistic about what’s required, and we need to we need to do an audit to make sure of what’s actually happening in the community. Government seems like we’re losing more affordable housing than we’re actually gaining. And we need to have an intentional approach because you can say something and you can mouth it, but that doesn’t mean anything. We have to have an intentional approach to go after this and to solve the problems.
Reader: Finally, what is your pitch to voters?
Well, my pitch to voters is this, you know, we look at issues of the environment, which are extremely important, we have to always take into consideration we’re running into new areas that we are encountering in our state and in our city and in our nation, and really the world that we have to confront. I think all of us have seen the consequences of the increased heat in our community. All of us have seen really, the really terrible winters that we’ve had. And I think the science is there. Science makes it very clear that these are issues or problems that we must confront, but we need to do this together. For example, we have to have common sense. We have a wonderful climate equity plan that my wife helped craft with the City of Austin, but it hasn’t really been implemented. We need to look at that and make sure that we try to implement that climate equity plan, and if we put a bond package together to help pass that and that we were going to have to do that and phase it in, but we also have to be conscious of our costs and budgeting, and so we need to make sure that we’re not just adding on.

There’s so many thousands of dollars or millions of dollars, really, that are in the budget that don’t need to be there. There are positions that are carried over from year to year…it’s almost as if to give extra money to departments. You know, taxpayers earn their money, and then whether they’re retired and get fixed incomes or they’re working now, that’s their hard-earned money. We need to respect their hard-earned money, and so we need to make sure that we go in, take a look and see what actually do we need to spend money on, and make sure that we do something like, for example, the old Texas performance reviews done by the comptroller. So we make sure that we don’t unnecessarily spend folks’ money.
But we need to have common sense where we engage. We reach out to the public. You know, I want to have public hearings in my community, in District 7, so if I can continue to hear the voices of people, this is without regard to whether or not any other council person would do that, I hope that others do. But I want to continue to hear their voices because I know that sometimes the best ideas are going to come from there. You know, we will have wonderful staff. We have wonderful city staff already, and there are many experts out there, but the public sometimes has the best ideas, and we need to hear them and not just go through the motion of allowing them to come and speak on an issue. And we need to be user friendly and how we work with our community on issues that have such a great import as land use. We need to make sure that we go to every community and make it easy for people to come and speak with us and respect them when they reach out and talk to us and spend all their time coming down and want to speak on such important issues, but we need to make it user friendly by going to those communities. Going to those communities at times when people can be expected to come, and not times and only people that have a certain plight in life might be able to come. So we have to be more sensitive to that, so we get a wider array of opinion and allow all people to be invested with the decisions that we have to get a broader base of support, because I think there’s been a trust issue that’s been developed, and we want to help fix that trust issue so people will see the decisions coming from that council and have confidence in those decisions. That’s one of the things that I want to bring to the council.
Austin, TX
Safehold backs 336-unit Austin housing project due in 2028
“We’re thrilled to expand our relationship with the team at NRP and our focus on the Affordable Housing market in
The transaction represents Safehold’s second transaction with NRP in
Safehold established a dedicated Affordable Housing team in 2025 and has continued to expand its investment into the sector. Additional information is available at www.safeholdaffordablehousing.com.
About Safehold:
Safehold Inc. (NYSE: SAFE) is revolutionizing real estate ownership by providing a new and better way for owners to unlock the value of the land beneath their buildings. Having created the modern ground lease industry in 2017, Safehold continues to help owners of high quality multifamily, affordable housing, office, industrial, hospitality, student housing, life science and mixed-use properties generate higher returns with less risk. The Company, which is taxed as a real estate investment trust (REIT), seeks to deliver safe, growing income and long-term capital appreciation to its shareholders. Additional information on Safehold is available on its website at www.safeholdinc.com.
About The NRP Group:
The NRP Group is a vertically integrated developer, owner, builder, and manager of best-in-class multifamily housing with a mission to create exceptional rental housing communities for individuals and families, regardless of income. Since its founding in 1994, NRP has developed more than 62,000 apartment homes and currently manages over 30,000 residential units. Through its disciplined approach to vetting opportunities, NRP has established a track record of delivering impressive returns for investors. The company’s formidable size and depth of talent provide the experience and infrastructure necessary to execute developments of varying degrees of complexity and scope in both urban-infill and suburban locations, including market-rate, affordable, mixed-income, and senior housing. The NRP Group has been consistently named a largest developer and builder in the U.S. on the NMHC “Top 50” lists, the Top 5 on the Multi-Housing News’ “Top Multifamily Developers” list, named a Top Affordable Housing Developer by Affordable Housing Finance, and has won three NAHB Pillar awards since 2020 for Development, Construction and Ones to Watch. The NRP Group has become the top multifamily developer in the U.S. that creates both affordable and market-rate housing at a national scale. Based on over 30 years of experience and expertise, NRP provides construction and property management services to outside owners and developers. For additional information, visit www.nrpgroup.com.
View original content to download multimedia:https://www.prnewswire.com/news-releases/safehold-closes-second-affordable-housing-ground-lease-in-texas-302809796.html
SOURCE Safehold
Austin, TX
Texas insurance costs surge 79% in six years as lawmakers question AI impact on rates
AUSTIN (Nexstar) – During a Texas Senate Business and Commerce hearing Wednesday, lawmakers heard invited testimony examining soaring property and casualty insurance costs. Testimony focused on the need for more affordable options and the need to address the role of AI.
Increased costs
Amanda Crawford, the Commissioner of Insurance at the Texas Department of Insurance (TDI), acknowledged the reality of rising insurance costs for everyday Texans.
“The past few years have been very, very difficult. The average annual homeowner premium in Texas has increased from under $2,000 in 2020 to over $3,500 today. It’s a 79% increase in six years. That is a tremendous burden for Texans, especially for a necessary product like home insurance,” Crawford told lawmakers Wednesday.
Crawford went on to clarify that this increase can be attributed to increases in home values and claim costs related to severe weather.
“Annual homeowners’ losses averaged 5.5 billion from 2015 to 2020, rising to 9.1 billion from 2021 to 2025.” Crawford went on to say that “Last year alone, the National Weather Service recorded 902 hailstorms in Texas. The next closest state, Kansas, had 375.”
Holding insurance companies accountable
Crawford clarified that the TDI requires insurance companies to elaborate on their filings to ensure that Texans are not subject to unfair practices and prices.
“My expectations are that every rate filing submitted to TDI gets a careful review. We examine every statutory filing for statutory compliance. We verify the math, we scrutinize assumptions, we make them show their work”
According to the Texas Insurance Code, the rate review process conducted by the TDI does not explicitly focus on affordability.
“There is not a purpose in there around affordability. It is about driving market competition. It’s about making sure they’re not excessive, but then they’re also adequate. And it’s about having market forces drive the rates that are filed. So I think that’s an interesting perspective when you look at it, because that really frames the whole rate review process as it has been put into law.”
Insurance company officials say they are also focused on affordable costs.
“Our industry is not just saying, hey, legislators go fix all this. We are working all the time to bring down costs. It’s a good business decision because it helps us be more competitive,” said Scot Kibbe, the Vice President for State Government Relations at the American Property College for Insurance Association.
Concerns of price surveillance
Senator Nathan Johnson, D-Dallas, questioned whether insurance companies may be using technological advances, such as AI, to participate in price surveillance, a tactic to maximize profits.
“It sounds like, to some extent, every industry, with the advent of technological advantages we didn’t use to have, is able to create a special price just for you to find out your breaking point,” Johnson said.
David Bolduc with the Office of Public Insurance Counsel noted that there are protections in statute against companies charging different prices for the same coverage. But he added that the practice can be difficult to detect.
“I don’t know that TDI has the ability to monitor that. I mean, we hear about it,” Bolduc said in response to Johnson. “I think, if you could do something in statute that would allow us to report it, or would allow TDI to take action about it, that might be useful in terms of monitoring it,” Bolduc added.
Earlier this month, the TDI released a “use of artificial intelligence” bulletin to set expectations on how “regulated entities will govern the development, acquisition, and the use of AI technologies in their operations.”
Crawford says this bulletin will help address price surveillance concerns by reminding companies of Texas Insurance codes related to unfair discrimination and deceptive practices.
“That’s one of the reasons for putting out the AI bulletin, the expectations and the consumer protection around the use of that data, and what they are using that for,” Crawford said.
Potential solutions
Bolduc called on lawmakers to reexamine AI’s role in the industry. He also asked lawmakers to look into making coverage changes more transparent.
“It might be useful to continue looking for ways to be transparent about coverage changes. Notices of material change don’t seem to be working particularly well in the sense that we get a lot of phone calls from people saying they don’t understand what happened to them,” Bolduc said Wednesday.
Billy Crocker, Senior Vice President of Alliant Insurance Services, says the best way to fix pricing is to drive up competition between insurance companies.
“I think creating a lot of competition is the best way to drive this down, both for personal and business lines,” Crocker told lawmakers. “And then that brings the opportunity for access.”
Austin, TX
Forman Capital Provides $28.2 Million Lot Development Loan for a 253-Acre Mixed-Use Project Near Austin, Texas
Forman Capital, a leading private direct commercial real estate lender, has closed a $28,204,026 lot development loan for The Highlands, a planned 253-acre mixed-use community located along Manzano Mile at FM 1431 in Marble Falls, Texas, located on the edge of the broader Austin MSA. The borrower and developer is Rockspring, a Texas-based real estate firm with more than three decades of experience across the state’s most dynamic growth markets.
The Highlands stretches along Manzano Mile, encompassing single-family homes, rental apartments, and retail commercial uses on undeveloped land. The Forman Capital loan will fund horizontal development in advance of vertical construction, which will be performed by other developers and builders, and is expected to start in the fall.
The Forman Capital team that worked on the transaction includes Scott Mehlman, Ty Regnier, Brett Forman and Ben Jacobson.
“Forman Capital has always been drawn to developers who are doing something meaningful — not just building but genuinely adding real value to a community. The Highlands does exactly that, bringing much-needed housing and amenities to a city that has grown faster than its supply could keep pace with. We are proud to support Rockspring’s vision here,” said Brett Forman, Forman Capital Managing Partner.
“Marble Falls and the 71 Highway corridor are benefiting from the same powerful tailwinds driving growth across Texas, with the added advantage of a quality-of-life profile that is attracting both residents and businesses,” said Scott Mehlman, Forman Capital Partner and Chief Investment Officer. “The Highlands is exceptionally well-positioned to meet that demand, and we look forward to seeing this community take shape.”
About Forman Capital
Delray Beach, Florida-based Forman Capital provides private commercial real estate debt and equity financing for transactions ranging from $10 million to $100 million. The firm focuses on short-term construction financing, mezzanine debt, and preferred equity across various real estate asset classes and geographies. Company principals Brett Forman and Ben Jacobson have closed more than $3 billion in commercial real estate transactions since 2004. For more information, visit www.formancap.com.
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