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San Antonio Housing Trust PFC

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

September 23, 2022 By Heron Staff

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

Is San Antonio rushing its $150 million housing bond?

August 19, 2022 By Ben Olivo

Mayor Ron Nirenberg speaks during a City Council B session on Aug. 10, 2022, about the housing bond in City Council chambers in San Antonio, Texas.

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.

Filed Under: 2022-2027 bond, City of San Antonio, Development, Housing, Neighborhoods Tagged With: Alamo Community Group, Billy Mitchell Apartments, Cattleman Square Lofts, City Council, City of San Antonio, Four25 San Pedro, Granada Homes, Housing Commission, Jennifer Gonzalez, Liberty Multifamily, Mission DG, Neighborhood and Housing Services Department, NHSD, Operation Finally Home, Opportunity Home San Antonio, Patriot’s Pointe, Ron Nirenberg, Roseville Phase II, San Antonio Housing Authority, San Antonio Housing Trust, San Antonio Housing Trust PFC, SHIP, Strategic Housing Implementation Plan, The Aspire at Vida, The Aurora, Veronica Garcia

Apartments proposed for historic Tower Life Building in downtown San Antonio

August 9, 2022 By Ben Olivo

The Tower Life Building, 310 S. St Mary's St., in San Antonio, Texas, taken Dec. 7, 2021.

The Tower Life Building’s new owners want to convert the long-time office building into 234 apartments with 10,000 square feet of restaurant space each on the ground and river levels.

Filed Under: Bexar County, Bexar County PFC, Development, Development Explorer, Historic Preservation, History, Housing, Office, Tower Life Building Tagged With: Alamo Capital Advisors, Bexar County, Bexar County PFC, Bexar County Public Facility Corp., City of San Antonio, Commissioners Court, Continental Hotel, David Marquez, Ed Cross, Jon Wiegand, Justin Rodriguez, McCombs Enterprises, Nelson Wolff, Ron Nirenberg, SA Tower Life, San Antonio Housing Trust PFC, Tommy Calvert, Tower Life building, Weston Urban

Inflation, interest rates jeopardize Cattleman Square Lofts affordable housing in downtown San Antonio

June 21, 2022 By Ben Olivo

Rendering of Cattleman Square Lofts October 2020 at 811 W. Houston St. by Alamo Community Group.

The cost to build Cattleman Square Lofts has ballooned by $6 million since January.

Filed Under: Bexar County, City of San Antonio, Development, Housing, West Downtown, West Side Tagged With: Alamo Colleges District, Alamo Community Group, Bexar County Commissioners, Cattleman Square Lofts, City Council, Enterprise Housing Credit Investors, Jennifer Gonzalez, Liberty Multifamily, Mission DG, Museum Reach Lofts, Neighborhood and Housing Services Department, NHSD, Operation Finally Home, Patriot’s Pointe, Pete Alanis, Planning and Community Development Committee, San Antonio Housing Trust, San Antonio Housing Trust PFC, Strategic Housing Implementation Plan, Teri Castillo, Texas Bond Review Board, The Spire at Vida, Veronica Garcia, VIA Metropolitan Transit

As San Antonio mulls $150M affordable housing bond, city celebrates apartments built from 2017 bond

April 25, 2022 By Richard Webner

West End on Frio is a 24-unit apartment complex at 711 S. Frio St. funded in part by the $20 million neighborhood improvements bond of 2017. Photo taken April 22, 2022.

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.

Filed Under: 2022-2027 bond, City of San Antonio, Development, Housing Tagged With: 2017-2022 bond, 2022-2027 bond, Agora Assets LLC, Four25 San Pedro, Franklin Development, Greenline North, LIHTC, Neighborhood and Housing Services Department, Neighborhood Improvements bond, NHSD, Office of Recovery Programs, Park at 38Thirty, San Antonio Housing Authority, San Antonio Housing Trust, San Antonio Housing Trust PFC, Strategic Housing Implementation Plan, Terramark Urban Homes, Texas Department of Housing and Community Affairs, U.S. Department of Treasury, Veronica Soto, West End on Frio

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

April 20, 2022 By Ben Olivo

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

Rising rents, high occupancies signal ‘Decade of Downtown’ in San Antonio has worked, developers say

February 4, 2022 By Richard Webner

San Antonio Downtown drone shot.

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.

Filed Under: Center City Housing Incentive Policy, City of San Antonio, Deep Dive, Development, Housing, Midtown & Pearl, Southtown Tagged With: 120 Ninth Street, Alamo Manhattan, Augusta Flats, Austin Investor Interests, Blackstone, Brad Miller, Brady Tower, Broadway, Broadway East, Cadillac Lofts, Canopy By Hilton, CCHIP, Cellars at Pearl, Center City Housing Incentive Policy, City Council, Constellation Group, Covid-19, Crockett Urban Ventures, David Adelman, Decade of Downtown, Ed Cross, Encore Multifamily, Encore SoFlo, Flats at River North, Franklin Templeton Investments, Government Hill, GrayStreet Partners, Hemisfair, HemisFair Park PFC, HemisView Village, Heritage Plaza, Inspire Downtown, Institutional Property Advisors, Jeremy Jessop, JJ Real Co., Jones & Rio, Jones and Rio, Julián Castro, Midway, Mission Escondida, Mission Reach, Mission Trails, Museum Reach, Patrick Shearer, Pearl, River Walk, Rivera on Broadway, Ron Nirenberg, San Antonio Housing Trust PFC, San Antonio River, San Pedro Creek Culture Park, SC Bodner Company, Southline, Southtown, Southtown Flats, Stillwater Capital, Strategic Housing Implementation Plan, Strategic Property Investment, The '68, The Agave, The Baldwin, The Floodgate, Towers at the Majestic, University of Texas at San Antonio, Vistana, West Oaks, Weston Urban, White Conlee

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

June 15, 2021 By Maggie Ryan

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

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

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

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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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