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.
San Antonio Housing Trust PFC
New affordable housing model in Texas takes shape on San Antonio’s East Side
The San Antonio Housing Trust has introduced a new housing model that benefits the public more than developers, it says.
Rising rents, high occupancies signal ‘Decade of Downtown’ in San Antonio has worked, developers say
The downtown San Antonio apartment market, which city leaders went to such great effort to grow, has matured to a point where it is drawing major attention from out-of-town investors.
San Antonio-New Braunfels median income rises to $74,100. Here’s why it matters
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.
San Antonio Housing Trust PFC approves Friedrich Lofts project despite gentrification concerns
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.
People now living at The Flats at River North on Broadway
In mid-May, The Flats at River North, one of downtown’s largest mixed-use developments, began receiving its first residents.
San Antonio Housing Trust, NRP Group look to sell Cevallos Lofts
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.
Two bills to reform PFCs, which provide tax breaks to developers, make progress in Legislature
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.
Tax breaks for developers under scrutiny in San Antonio, Texas capitol
A growing number of advocates are demanding that the City of San Antonio stop using property tax exemptions to build housing, while Texas lawmakers have a similar debate in Austin.