Rendering of 811 West Houston with Alamo Community Group Executive Director Jennifer Gonzalez (The Sage Group, Alamo Community Group), Alamo Community Group to develop 100 percent affordable project. 2023 Nonprofit journalism for an informed community. The San Antonio Housing Authority (now Opportunity Home San Antonio) provides housing services to the San Antonio community through the Public Housing, Section 8 Housing Choice Voucher and Mixed-Income Housing programs. Lets take a look at these San Antonio-area apartment projects currently in the works. Apply for Housing; Public Housing; . A new report looking at the San Antonio rental market has highlighted how it is becoming increasingly competitive. Five projects were selected to provide affordable housing solutions for those in most need. Sweeney brings to Prospera a diverse background in real estate, finance and law. City Tower Have a member of the household eligible for services at the LMHA or LBHA. English (United States). In 2019, OHP commissioned a study to better understand the contribution of existing, older housing stock plays toward affordable housing in San Antonio. A few miles west, Sovereign Properties will build a 312-unit, six-building market-rate complex at the southern corner of Nationwide Drive and Texas State Highway 151 this coming July. The 183 different projects are split between six propositions, which voters will take up separately . (210) 207-5446. This initiative stems from the 2017 CCR from District 7 Councilwoman Ana Sandoval to explore viewshed protections for Woodlawn Lake. Through political noise, voters pass largest bond program in San Antonio history. The public facility corporation is the most active arm of the San Antonio Housing Trust, a nonprofit created to generate and preserve affordable housing. Department Initiatives & Studies Overview, Living Heritage & Trades Education Overview, Opportunity at Risk: San Antonios Older Affordable Housing Stock (PDF), Neighborhoods & Housing Services Department Repair Programs, B Session Presentation (December 11, 2019). The two new projects, both co-developed by the San Antonio Housing Authority, will be the $60.5 million, 348-unit Frontera Crossing apartments at the intersection of Watson and Somerset roads on . San Antonio Housing Authority Projects. Beginning in 2010, SAHA proposes to use lessons learned from its experience with the 2000 demonstration in order to expand its efforts and move forward to include all public housing units and Housing Choice Voucher . Committees composed of city officials and community members will select developers and their projects in October, and the City Council is scheduled to grant final approval in December. .0 Strict//EN" "http://www.w3.org/TR/html4/strict.dtd">, Physical Address Jared Brey March 9, 2021. Lets get started. Channary.Gould2@sanantonio.gov. Then there's the bond dollars themselves. This is a carousel. Opportunity Home will receive another $8.9 million for repairs and improvements at Woodhill apartments near Interstate 10 and Huebner Road, Cottage Creek apartments on Ray Bon Drive and Pecan Hill apartments north of Alamo Quarry Market. Harris Bay pitches hotel, office-to-resi for Tobin Hill, NY developer plans San Antonio multifamily, S.A. to raise $158M via reinvestment zone extension. 11:54 AM Mar 2, 2023 CST, The city of San Antonio is implementing a $150 million bond to help increase affordable housing options citywide, such as Vista at Interpark, a new affordable apartment complex that is undergoing preleasing near U.S. 281 and Wurzbach Parkway. Veritas $450M loan default: A sign of things to come? First up is the Tobin Estates Phase 3 project, which will result in 359 . This is a seven-story, $54 million luxury apartment complex that will include a ground-floor restaurant. With a $1.2 billion bond program teed up for 2022, City Manager Erik Walsh brought six different bond priorities to City Council on Wednesday. Other smaller projects in the works include the Katherine Courts Apartments (27 units) and Pine @ Carson (21 units). The awards from the trust's fund and foundation were the result of a . Projects that included meaningful, on-site resident services. In the months between June and December of last year, for example, home prices in the area declined by 5.5%. With an annual budget of $185 million, 556 employees and 57,000 clients currently receiving housing vouchers or living in public and subsidized mixed-used housing, Opportunity Home on its own does not have the financial muscle to tackle the citys housing crisis. This includes the 1,400 units project underway near Texas A&M Universitys Southside campus. Both the 2007-2012 Bond Program and the 2012-2017 Bond Program are managed by the PWD. This is especially true for homeowners who are planning to sell either their primary property or a secondary home. Published on Friday, December 16, 2022, CONTACT:Marivel Arauza, Public Relations Manager They are attracted to the states affordable lifestyle along with excellent job opportunities in high-income sectors. Undoubtedly, San Antonio is one of the best cities in the United States in which to live. 100 W Houston Use Next and Previous buttons to navigate. The report looked at home sales and price data across the 100 largest metropolitan areas in the United States. San Antonio's streetcar system reached its peak at ninety miles read more. We have to try something different., Robert Rivard, co-founder of the San Antonio Report, is now a freelance journalist. (Edmond Ortiz/Community Impact). At the Office of Historic Preservation (OHP), we take an innovative approach to our preservation program and look for new partnerships and strategies that advance our goals of cultural, economic, and environmental sustainability. Between the second and third quarters of 2022, rents in San Antonio fell by 0.6%. More residential properties on the market will help to make it easier for the public to find accommodation in San Antonio. With this knowledge of past climate adaptations, OHP is addressing the challenges of climate change as it impacts the cultural heritage of San Antonio. Tax credits and the current system weve been using for decades are not solving the problem, because we are only creating a few hundred affordable units each year in San Antonio, Hinojosa said. Reach Madison at 210-250-3242, madison.iszler@express-news.net and @madisoniszler. Country Club Village is an existing 82unit . Certainly, it is encouraging to note that the housing market in the city is expected to rebound. Thursdays City Council vote comes after San Antonio residents voted and approved the Citys first full-scale affordable housing bond totaling $150 million. At $24 million, the average unit will cost $272,727 for demolition, design and construction. Feb 10, 2022. Affordable housing has been disappearing from many neighborhoods and residents pay the price for poor housing policy and lack of investment, Castillo said. Public housing advocates want that to change and there is precedent. Since 2011, the San Antonio Housing Trust has: Created or preserved over 11,247 total units which includes family, housing for older adults, and veteran-centric housing. Homelessness has increased dramatically, rents have increased dramatically, and home prices have increased dramatically through the pandemic, Hinojosa said. San Antonio, Texas (April 27, 2021) - After a competitive application process, the San Antonio Housing Trust Fund and Foundation is awarding a total of $2,732,340 to five projects that will expand and preserve affordable housing options in San Antonio. Within Texas itself, it is expected that thehome sales for Austinwill drop by 6.6%, along with an expected 3% increase in the price. .0 Strict//EN" "http://www.w3.org/TR/html4/strict.dtd">. The city plans to fill the rest of the gap by raising incomes with its SA Ready to Work jobs program. This is interesting, particularly how other reports highlight a slowdown in apartments asking prices in San Antonio. The citys Strategic Housing Implementation Plan estimates 95,000 low-income households need affordable housing that is not available today. Another 7.3 percent will be rented at market rates, meaning there are no income restrictions and owners can price the apartments at whatever the market will fetch. What do you know about the San Antonio housing market? Below are the awarded projects per category and the number of units added to the housing market by Area Median Income (AMI) level. . Voters approved $20 million for ancillary housing projects. The Esperanza Peace and Justice Center and the Westside Preservation Alliance have . San Antonio City Council on Feb. 9 passed resolutions supporting housing tax credit application efforts at three planned affordable multifamily developments in or close to north central San Antonio. With Hinojosas new leadership at Opportunity Home has come a new business model, one being adopted elsewhere nationally that moves away from decades of tax credit-driven housing development by for-profit developers to public housing authorities taking the lead on projects. Cibolo, TX: . Under administrative direction, is responsible for managing and coordinating complex administrative projects or activities that require a high degree of specialized knowledge. Are between 18 to 61 at the time of admission. The next round of funds will be distributed next year. The question remains: Is Opportunity Homes current policy of taking the lead on projects the right approach? I would say the city, the county, the state and the nation all need to address the situation, Hinojsa said. Realtors don't sell houses out of the kindness of their hearts. We continuously re-imagine operational processes and policies to ensure that our program is effective, efficient, and representative of the community. The plan calls for preserving or building 28,000 affordable units over the next 10 years, which will leave more than two out of three families without affordable housing. Opportunity Home hopes the changes outlined above will protect our staff and residents and help minimize the virus impact on the larger San Antonio community. The City of San Antonio is the seventh most populous city in the United States and the second most populous in Texas, behind Houston. For example, there is 2,200 units in the works on the far West Side, 1,600 in the works on the Northwest Side, and 720 in the works on the North Side, which will help to ease demand. San Antonio City Council on Dec. 15 approved a total of $38.5 million in housing bond proceeds and $5.31 million in various federal monies for 14 initial affordable housing projects citywide . We do not sell or share your information with anyone. Opportunity Home has asked City Council for $8 million of those funds to pay for one-third of Alazn Courts first phase, with its request for other projects totaling about $50 million. Of those apartments, 21 will be for residents making up to 30 percent of the AMI, 14 for up to 50 percent of the AMI and 103 for up to 60 percent of the AMI. San Antonio (Bexar County) The city housing authority is taking the last parcels of undeveloped land through the city's regulatory commissions in preparation for completing a redevelopment project that began 20 years ago with the demolition of Victoria Courts. . Subscribe to our free daily newsletter for the latest headlines first thing every morning. It is a way to provide a better quality of life for our kids and strong foundation for their future., On ExpressNews.com: District 5 Councilwoman Teri Castillo, who represents the West Side, called the City Councils unanimous decision on the first round of bond-funded projects a transformational vote for working families. The San Antonio Neighborhood & Housing Services Department held a virtual meeting July 7 and an in-person gathering July 9 at Julia Semmes Public Library about how the local government plans to . While our focus is always forward looking to the next affordable housing opportunity, here is what is in the rearview mirror. Here, we will take a closer look at four reports on the housing market in San Antonio which will give you a clearer understanding of what is happening on the ground currently and moving forward in 2023. The Potranco Commons project, located on the far Westside, will result in 360 affordable apartments being built. Competition is highest during the peak rental season, which is noted as between May and August. It's easy to unsubscribe if we're not a good fit for you. Affordable housing has been a top priority of our residents and over the past several years, the City of San Antonio has made record investments to make housing more affordable, said City Manager Erik Walsh. These 14 San Antonio housing projects will receive nearly $44 million from city bond, federal funds, San Antonio Zoo has a long but spotty history with giraffes. In the San Antonio-New Braunfels metropolitan area, the area median income is $58,450 for one person, $66,800 for a couple, $75,150 for a family of three and $83,500 for a family of four, according to the U.S. Department of Housing and Urban Development. While supply chain issues, cost increases, labor . The housing bond was part of the citys voter-approved $1.2 billion bond in May 2022.City leaders, including Mayor Ron Nirenberg, said the housing bond complements the citys 2021 Strategic Housing Implementation Plan and other long-range housing initiatives designed to grow the number of local inexpensive housing options for both unsheltered persons and what the city calls housing cost-burdened residents.According to U.S. Census Bureau data, 35% of local households were housing cost burdened in 2019, meaning those homeowners or renters spend more than 30% of their monthly income on a mortgage or rent. Opportunity Home San Antonio, previously known as the San Antonio Housing Authority, is receiving more than $17 million in this funding round. Mehdi Bolour faces 25 criminal charges over illegally rented Hollywood building, The funds, coming from 4 percent state tax credits, will help Alamo Community Group build Cattleman Square Lofts at 811 West Houston Street, the San Antonio Business Journal.