With construction costs and interest rates soaring, San Antonio developers are struggling to make the numbers work for their affordable housing projects.
Texas Department of Housing and Community Affairs
As San Antonio mulls $150M affordable housing bond, city celebrates apartments built from 2017 bond
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.
New York firm plans to buy and renovate historic Aurora Apartments in Tobin Hill
Fairstead, a development firm from New York City, plans to renovate the historic Aurora Apartments tower in Tobin Hill, allowing the building’s elderly residents to stay in their units.