How San Antonio’s discussion on housing costs has evolved from the Decade of Downtown to the pandemic-era shortage.
San Antonio Housing Trust
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 owners of the Exchange Building, which includes the San Antonio Housing Trust Foundation, are preparing to sell the Prohibition-era building to a local buyer.
The San Antonio Housing Trust has introduced a new housing model that benefits the public more than developers, it says.
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.
Over the past few months, San Antonio’s Housing Commission has worked to craft a universal definition of “affordable housing.”
Mayor Ron Nirenberg on Friday announced that he would appoint former District 5 Councilwoman Shirley Gonzales as chair of the city’s Housing Commission, despite protests from activists.
The 140-unit project at 811 W. Houston St. will provide apartments priced for households making 30%-80% of the area median income.
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.
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.