The Capital Projects Web View Tool allows users to see details about ongoing projects. It was approved . Madison Iszler covers real estate, retail, economic development, and other business topics for the San Antonio Express-News. The Detroit Housing Market in 2023: Heres What 5 Reports Say, Seattle Housing Market: 4 Reports on 2023, The Ultimate Guide to Selling Your House Without a Real Estate Agent, The Phoenix Housing Market in 2023 Heres What Lies Ahead, The number of days each rental remained vacant, The occupancy rate of each citys apartments, The percentage of renters who renewed their leases. A housing project at 788 San Antonio Road in Palo Alto approved by the City Council on Nov. 17 includes 32 studios, 66 one-bedroom units and four two-bedroom units. For the first time in 2021, San Antonio voters approved $150 million in the 2022 bond to preserve or add to San Antonios affordable housing stock. Is San Antonio rushing its $150 million housing bond? Cities like San Antonio that had long ignored the housing needs of Mexican American and Black families only had to pass bonds to cover 10% of the costs. Today, the San Antonio City Council unanimously approved funding for 14 projects that will build or preserve affordable housing. It has an expected completion date of January 2025 and will include 330 new units. The awards from the trust's fund and foundation were the result of a . Adult Mental Health Housing | Texas Health and Human Services San Antonio, TX Low Income Apartments - Affordable Housing Online The 250-unit Wheatley Courts public housing project was demolished in 2014 and replaced with the East Meadows development. Of those apartments, 21 will be for residents making up to 30 percent of the AMI, 14 for up to 50 percent of the AMI and 103 for up to 60 percent of the AMI. The $38 million accounts for a majority of the cost of the development, which also received a $2 million from a City of San Antonio housing bond. The San Antonio Housing Trust PFC issued $35 million in Tax Exempt Private Activity Bonds in support of the Prospera Housing Community Services, a local affordable housing nonprofit, and Versa Development, LLC, partnership to develop the $68.6 million, 4% Low Income Housing Tax Credit project. We are full of gratitude, said Opportunity Home President and CEO Ed Hinojosa, Jr. We have thousands of San Antonians on our waitlists who are in dire need of affordable housing and so these funds will help us move full steam ahead to create as many new housing opportunities as possible..
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