With construction costs and interest rates soaring, San Antonio developers are struggling to make the numbers work for their affordable housing projects.
Housing
Alazan Courts, Cattleman Square Lofts among 14 projects set to receive $44M in San Antonio bond funding
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.
Houston developer Urban Genesis prepares to start 3 apartment projects in Tobin Hill
Houston developer Urban Genesis says it’s on schedule to start construction on its holdings on and off North St. Mary’s Street—overall, a $45 million series of developments for a total of 178 market-rate apartments—by first quarter 2023.
Pearl developer Oxbow planning 9-story mixed-use building on East Josephine
The Pearl’s development company is moving forward with plans to build a 9-story mixed-use structure, which would include 250-275 market-rate apartments, on a full city block bound by East Josephine, Isleta, East Grayson and the river.
Harris Bay planning 1,000-unit, mixed-use development in rapidly-growing Tobin Hill
Developer Jake Harris is planning to build a 1,000-apartment project West Josephine that would also touch the St. Mary’s Strip. If built, it would add the flurry of new housing developments either under construction or in the planning stage for Tobin Hill.
Development Explorer: 29-story residential tower, retail center at Hemisfair
New Hemisfair renderings show a 29-story, 360-unit apartment tower with a 7-level parking garage and 25,000 square feet of retail space on East Market Street. The plans are up for review this week.
Opportunity Home San Antonio seeks $8M from housing bond for Alazan-Apache Courts expansion
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.
San Antonio TikTok personality Christine Ahuyon struggles to find affordable housing for the disabled
Local TikTok personality Christine Ahuyon has found few options when it comes to affordable housing that’s also made for those with disabilities.
Across the river from Pearl, 263-unit Elmira apartments expected to be completed in 2024
Earlier this month, the Bexar County Commissioners Court agreed to begin negotiations with Broadway SA Investors GP, LLC, a company affiliated with Pearl Build, on a 10-year tax abatement for a 263-unit apartment project.
Is San Antonio rushing its $150 million housing bond?
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.