The city of San Antonio is preparing to disburse nearly $44 million to housing developers and landlords for the production of 686 apartments, the repair of another 1,775 units, and the construction of 71 single-family homes.
Opportunity Home San Antonio has applied for $8 million from San Antonio’s housing bond for a new public housing development at Alazan-Apache Courts.
Today, the City of San Antonio is due to formally begin the process of finding developers to build and preserve apartments, and build houses, as part of the $150 million housing bond.
Homeowners looking to tap into $45 million in city bond dollars for repairs ranging from foundation work to roof shingle replacement can submit their applications starting today.
District 2 Councilman Jalen McKee-Rodriguez wants a displacement study completed when developers seek incentives from the city.
The city of San Antonio’s $1.2 billion package, the largest in this city’s history, looks likely to pass after Bexar County posted early voting results shortly after 7 p.m.
What are bonds, exactly? Why does San Antonio pay for infrastructure the way it does? As early voting continues on the $1.2 billion bond package, the Heron answers these questions and others.
If the $150 million housing bond passes, it will greatly expand the city’s role in creating and preserving affordable housing, but it’s not entirely unprecedented.
Years behind schedule, the construction of Hemisfair’s Civic Park has been delayed in part by Zachry Hospitality’s inability to start construction of its multi-use development.
A financial tool used to help fund affordable housing was recently repurposed for the San Antonio Zoo, the Witte Museum, Garden and Brackenridge Park, a move that has some nonprofit developers scratching their heads.