The cost to build Cattleman Square Lofts has ballooned by $6 million since January.
Neighborhood and Housing Services Department
The Residence at Grayson Heights, a 281-unit, market-rate development in Government Hill, was awarded a $2.1 million tax incentive last week, but not without heavy criticism from some on the City Council.
District 2 Councilman Jalen McKee-Rodriguez wants a displacement study completed when developers seek incentives from the city.
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.
The $596 million Lone Star Brewery project, which local developer GrayStreet Partners and Houston mega-developer Midway unveiled last year to great excitement, now faces an uncertain future.
Calls for spending all $150 million in potential housing bond dollars on San Antonio’s most vulnerable populations permeated the housing bond committee’s second meeting held Wednesday night at the Henry B. Gonzalez Convention Center.
San Antonio’s citywide discussion on housing, which centers around a 71-page strategy five years in the making, resumes at 6 tonight at the Henry B. Gonzalez Convention Center.
District 2 Councilman Jalen McKee-Rodriguez is opposing an up-to-$7 million incentive package for a development east of the Pearl by Encore Multifamily of Dallas because it’s composed of all market-rate apartments.
The feared spike in eviction filings due to the end of the Centers for Disease Control and Prevention moratorium has yet to take shape, at least in Bexar County, local records show. Some say it’s too early to tell whether filings will skyrocket.
Next May, for the first time, San Antonio voters will be asked to approve a $250 million housing bond toward affordability initiatives.