How San Antonio’s discussion on housing costs has evolved from the Decade of Downtown to the pandemic-era shortage.
San Antonio Housing Authority
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 San Antonio Housing Trust has introduced a new housing model that benefits the public more than developers, it says.
An Austin developer and St. John’s Evangelical Lutheran Church are moving forward with plans to build St. John’s Square, a 253-unit apartment building near La Villita, despite the San Antonio Housing Authority backing away from the project.
Newstream Capital, from a northern suburb of Fort Worth, bought two properties on Villita Street, across from the Tower Life Building. The firm is still deciding what to build on them.
The City Council on Thursday approved the Strategic Housing Implementation Plan, a framework document with the overarching goal of helping 95,000 households in San Antonio who spend more than 30% of their monthly income on housing.
Let’s make one thing clear, the Decade of Downtown in San Antonio is alive and well. It hasn’t expired. And it will continue as long as there are city policies designed to incentivize the production of market-rate housing in the downtown area.
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.
A comprehensive housing strategy is scheduled to be released Monday that will address the needs of 95,000 households in San Antonio that spend more than 30% of their income on housing.
Last month, the San Antonio Housing Authority signed a memorandum of understanding with homeowners on Leigh Street who had opposed two apartment buildings planned on vacant land facing Interstate 37 due to concerns about traffic and drainage.