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.
Neighborhood and Housing Services Department
A shell company led by local developer Cory Stehr has purchased a property next to the Alamodome that resulted from the Hays Street Bridge dispute.
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.
The cost to build Cattleman Square Lofts has ballooned by $6 million since January.
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.