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San Antonio Housing Trust

Pre-construction work set to begin on $92.9M Friedrich Lofts on San Antonio’s East Side

September 23, 2022 By Heron Staff 3 Comments

The Friedrich industrial complex at 1617 E. Commerce St. July 8, 2021.

This month, crews are scheduled to begin the environmental abatement process on the ruinous Friedrich industrial site, preparing it for the mixed-income 358-unit Friedrich Lofts by 2025.

Filed Under: Denver Heights, Development, Dignowity Hill, East Side, Historic Preservation, Neighborhoods, San Antonio Housing Trust Tagged With: Denver Heights, Dignowity Hill, East Side, Friedrich, Friedrich Air Conditioning Co., Friedrich Lofts, Government Hill, Greystone, HUD, John Miller, Pete Alanis, Provident Realty Advisors, San Antonio Housing Trust, San Antonio Housing Trust PFC, South Real Estate Fund

Circa-1920s Exchange Building up for sale

April 25, 2022 By Richard Webner 4 Comments

The circa-1920s Exchange Building, 152 E. Pecan St., currently a 10-story apartment building, is up for sale. April 25, 2022.

The owners of the Exchange Building, which includes the San Antonio Housing Trust Foundation, are preparing to sell the Prohibition-era building to a local buyer.

Filed Under: Housing, San Antonio Housing Trust, St. Mary's Street, Transactions Tagged With: Andrew Weissman, David Lake, Exchange Building, Graham Weston, John Courage, La Reve, Lake|Flato, Michael Sohocki, Pete Alanis, Restaurant Gwendolyn, San Antonio Housing Trust, San Antonio Housing Trust Foundation, Ted Flato, Thomas Guggolz, Weston Centre

New affordable housing model in Texas takes shape on San Antonio’s East Side

April 20, 2022 By Ben Olivo Leave a Comment

The Lofts at Creekview is a $60 million, 301-unit mixed-income development planned by the San Antonio Housing Trust Public Facility Corp. at 3623 E. Commerce St. in District 2.

The San Antonio Housing Trust has introduced a new housing model that benefits the public more than developers, it says.

Filed Under: City of San Antonio, Deep Dive, Development, East Side, Housing, San Antonio Housing Trust, Texas Tagged With: American South Real Estate Fund, AT&T Center, City Council, Cohen-Esrey, Friedrich Lofts, Galaxy Builders, Jay Johnson, Lofts at Creekview, Loma Vista Apartments, Pete Alanis, Preston Hollow Community Capital, SA Hope Center, San Antonio Housing Authority, San Antonio Housing Trust, San Antonio Housing Trust PFC, Strategic Housing Implementation Plan

Housing in San Antonio at crossroads with expired downtown incentive policy, new council members elected

July 8, 2021 By Richard Webner 4 Comments

Skyline downtown San Antonio. May 20, 2021.

In the area of housing, it seems likely that the early 2020s will mark another turning point for San Antonio.

Filed Under: Bexar County, Center City Housing Incentive Policy, City of San Antonio, Development, Housing, Mayor's Housing Policy Task Force, Neighborhoods, San Antonio Housing Authority, San Antonio Housing Trust Tagged With: Adriana Rocha Garcia, Bexar County, Bexar County PFC, Biden administration, Broadway corridor, CCDO, CCHIP, Center City Development & Operations Department, Center City Housing Incentive Policy, Cevallos Lofts, City of San Antonio, Continental Hotel, Cynthia Spielman, David Nisivoccia, Decade of Downtown, Ed Hinojosa Jr., Friedrich Air Conditioning Co., Friedrich Lofts, GrayStreet Partners, Housing Policy Framework, Housing Trust PFC, Jalen McKee-Rodriguez, John Courage, Julián Castro, Lone Star Brewery, Lone Star District, Mario Bravo, Mayor's Housing Policy Task Force, Midway, NALCAB, National Association for Latino Community Asset Builders, Neighborhood and Housing Services Department, NHSD, NIMBYism, Pearl, Pete Alanis, Proposition A, Ron Nirenberg, Sabot Development, SAHA, San Antonio Housing Authority, San Antonio Housing Trust Public Facility Corp., SHIP, Shirley Gonzales, Strategic Housing Implementation Plan, Teri Castillo, The Baldwin, The Flats at River North, Tier One Neighborhood Coalition, Under One Roof, Vero Soto, Veronica Garcia, Weston Urban

San Antonio-New Braunfels median income rises to $74,100. Here’s why it matters

June 15, 2021 By Maggie Ryan 162 Comments

The area median income, or AMI, for the San Antonio-New Braunfels region has increased from $72,000 to $74,100 for a family of four.

Filed Under: City of San Antonio, Development, Housing, Know Stuff, San Antonio Housing Trust Tagged With: AMI, area median income, Friedrich Lofts, Habitat for Humanity San Antonio, HUD, Michael E. Stone, Natalie Griffith, San Antonio Housing Trust PFC, San Antonio Housing Trust Public Facility Corp., U.S. Department of Housing and Urban Development, University of Massachusetts-Boston

San Antonio Housing Trust PFC approves Friedrich Lofts project despite gentrification concerns

June 14, 2021 By Richard Webner 51 Comments

The controversial Friedrich Lofts project on the East Side was approved Monday by the Housing Trust PFC board, which is composed of five City Council members, despite concerns of gentrification.

Filed Under: Commerce Street, Denver Heights, Development, East Side, Historic Preservation, Neighborhoods, San Antonio Housing Trust Tagged With: Adriana Rocha Garcia, American South Real Estate Fund, Austin Investor Interests, Friedrich Air Conditioning Co., Friedrich Lofts, Housing Trust PFC, HUD, Irasema Cavazos, Ivy Taylor, Jada Andrews-Sullivan, Jalen McKee-Rodriguez, John Courage, Mario Bravo, Pete Alanis, Phyllis Viagran, Provident Realty Advisors, Rebecca Viagran, Roberto Treviño, Ron Nirenberg, Rudy Lopez, San Antonio Housing Trust PFC, San Antonio Housing Trust Public Facility Corp., Shirley Gonzales, Teri Castillo, Tomas Uresti, U.S. Department of Housing and Urban Development

People now living at The Flats at River North on Broadway

June 12, 2021 By Ben Olivo 2 Comments

The Flats at River North, 1011 Broadway, began receiving its first residents in May.

In mid-May, The Flats at River North, one of downtown’s largest mixed-use developments, began receiving its first residents.

Filed Under: Architecture, Broadway, Development, Housing, Neighborhoods, Retail, River North, River Walk, San Antonio Housing Trust Tagged With: 1221 Broadway, 1800 Broadway, Broadway, CCHIP, Center City Housing Incentive Policy, Debra Guerrero, Maverick Park, Midtown Tax Increment Reinvestment Zone, Midtown TIRZ, Museum Reach, NRP Group, Pearl, Phillip Halliday, River Walk, Rivera, San Antonio Housing Trust PFC, San Antonio Housing Trust Public Facility Corp., The Flats at River North, The Mosaic, The Shop Companies

San Antonio Housing Trust, NRP Group look to sell Cevallos Lofts

May 13, 2021 By Ben Olivo 69 Comments

The San Antonio Housing Trust and developer NRP Group are fielding offers to purchase the Cevallos Lofts, the 252-unit apartment building credited with spearheading growth in that area of Southtown since it was built in 2010.

Filed Under: Development, Housing, San Antonio Housing Trust, Southtown, Transactions Tagged With: Adam Siegal, Cevallos Lofts, City Council, City of San Antonio, Debra Guerrero, Housing First Community Coalition, NRP Group, Pete Alanis, Rebecca Flores, Roseville Apartments, Salado at Red Berry, San Antonio Housing Trust, San Antonio Housing Trust PFC, Southtown, The Baldwin, The Viridian, Upton at Longhorn Quarry

Two bills to reform PFCs, which provide tax breaks to developers, make progress in Legislature

May 5, 2021 By Richard Webner 1 Comment

Efforts by state lawmakers to rein in the use of public facility corporations, which provide lucrative tax breaks to developers building mixed-income apartment complexes, have remained under the radar at the Texas Legislature, with battles over voting and gun rights dominating the headlines.

Filed Under: City of San Antonio, Development, Housing, San Antonio Housing Authority, San Antonio Housing Trust, Texas Legislature Tagged With: Acero, AMI, area median income, AREA Real Estate, Armando Walle, Christina Rosales, City of San Antonio, Debra Guerrero, Gary Gates, Heather K. Way, Jim Plummer, Jon Rosenthal, NRP Group, Paul Bettencourt, PFCs, public facility corporations, Red Berry Estate, SAHA, San Antonio Housing Trust, San Antonio Housing Trust PFC, San Pedro Creek, Texas Housers, Texas Legislature, The Baldwin, The Flats at River North, University of Texas at Austin School of Law

Council delays ordinance requiring future housing developments to consider voucher holders

April 16, 2021 By Gaige Davila 2 Comments

Frost Bank and Weston Urban, which co-developed the tower along with KDC of Dallas, hosted a media tour on Tuesday, Sept. 17, 2019. Photo by Ben Olivo | Heron

The approval of an ordinance that would require future housing developments that receive city incentives to consider tenants with housing vouchers has been delayed by the City Council.

Filed Under: Center City Housing Incentive Policy, City of San Antonio, Development, Housing, San Antonio Housing Trust Tagged With: Ana Sandoval, City Council, Clayton Perry, Erik Walsh, Housing Authority of Bexar County, Lori Houston, Manny Pelaez, My City is My Home, Neighborhood & Housing Services Department, Rich Acosta, Roberto Treviño, Ron Nirenberg, SAHA, San Antonio Housing Authority, Section 8, Veronica Soto

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Deep Dives

How municipal bonds work, and a brief history of them in San Antonio

Olivo: How McKee-Rodriguez’s support for a luxury housing project helps shape the Decade of Downtown

The Lofts at River North are under construction at Broadway and Jones Avenue in July.

Analysis: It’s time to call BS on ‘workforce housing’

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