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.
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.
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.
The move comes after Congress passed a stimulus bill Monday extending the federal moratorium on evictions through the end of January. The moratorium order was set to expire at the end of the year.