SAN ANTONIO (December 15, 2022) - The City of San Antonio's first-ever voter-approved affordable housing bond program will officially begin with its first set of projects. 147 Cheyenne Ave, San Antonio , Texas 78207. To note, when we speak of the first part of the year, we are referring to January to April. With an increase in the asking price for rents during the COVID-19 pandemic, it is expected that this growth rate will slow to historical averages in 2023. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for . At $24 million, the average unit will cost $272,727 for demolition, design and construction. One of those proposed developments, Patriot's Pointe on the far South Side, would have included 48 units for residents making less than 30% of the area median income . Below are the awarded projects per category and the number of units added to the housing market by Area Median Income (AMI) level. Additionally, 922 (33%) of the units are deeply affordable, which is classified as serving families who earn less than 50% of the area median income (AMI) for rental or below 80% for homeownership. The Zarzamora Service Center Project will include the demolition of existing structures and removal of contaminated soil and point source pollutants at 4503, 4531, and 4719 South Zarzamora. After experiencing rent hikes during the COVID-19 pandemic, it is expected that growth rates will slow throughout 2023. The public facility corporation is the most active arm of the San Antonio Housing Trust, a nonprofit created to generate and preserve affordable housing. 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 . . 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. 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. The San Antonio Housing Trust understands that providing affordable housing is not about sticks and bricks. Its about providing stable and dignified homes that support families, seniors, persons with disabilities, veterans, and persons experiencing homelessness. The Oakland Housing Authority also remodeled Lockwood Gardens. When we speak of the peak rental season, we are referring to May and August, when demand is at its highest. In the first part of the year, the average time a rental unit was vacant was33 days. 2023 Nonprofit journalism for an informed community. San Antonio, TX 78205, Mailing Address The funding council approved Thursday includes $38.5 million from the city housing bond and $5.3 million from the federal Community Development Block Grant, HOME Investment Partnerships and Neighborhood Stabilization programs. Eight units will be for families making up to 30 percent of the AMI, 22 units for up to 50 percent of the AMI and 46 units for up to 60 percent of the AMI. The Clinton-era policy evolved into the Choice Neighborhood program during the Obama administration. record $1.2 billion bond program. Start a project today: Electrical Work San Antonio Housing Authority Contact Information. In the 1990s, the U.S. Department of Housing and Urban Development, then led by Secretary Henry Cisneros under President Bill Clinton, enacted policies to move away from policies that led to the creation of the nations inner city public housing projects built after President Franklin D. Roosevelt signed into law the 1937 U.S. Housing Act. San Antonio continues to pull through as one of the most affordable housing markets in the nation. San Antonio's streetcar system reached its peak at ninety miles read more. San Antonio Proposition F was on the ballot as a referral in San Antonio on May 7, 2022. Former activities at the site included fleet heavy equipment maintenance, fire fighter training, storage of road materials, pesticides, herbicides, scrap metal, and public works supplies. 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. Opportunity Home San Antonio, formerly known as the San Antonio Housing Authority (SAHA), and its partners will soon build 88 new units in the first phase of its redevelopment of the historic Alazn Courts public housing project on the citys Westside. A local affordable housing nonprofit scored $38 million for a project in San Antonio. San Antonio City Council got its first look Wednesday at the projects that got the green light from city staff to receive nearly $44 million to increase and maintain affordable housing in the city. The 69th San Antonio Villas have since been remodeled and is now a mixed-income community. Other smaller projects in the works include the Katherine Courts Apartments (27 units) and Pine @ Carson (21 units). Do you work for this business? Voters approved $20 million for ancillary housing projects. It is a way to provide a better quality of life for our kids and strong foundation for their future., On ExpressNews.com: Between the second and third quarters of 2022, rents in San Antonio fell by 0.6%. The bond is a slice of the $1.6 billion the city plans to spend on housing That is good news if you are planning to sell your property this year, especially if you are planning to sell it hassle-free for cash through iBuyer.com. The approved projects were scored by committees, which included city staff and partners who have an expertise in one or more of the bond scoring parameters, along with members of the appointed Housing Community Bond Committee who developed the categories and a set of housing bond parameters, which prioritized: Applicants seeking funding for new-construction projects completed a displacement impact assessment to help the scoring committee understand and evaluate how their proposed new housing development could impact existing communities. A local affordable housing nonprofit scored $38 million for a project in San Antonio. Both the 2007-2012 Bond Program and the 2012-2017 Bond Program are managed by the PWD. 11:54 AM Mar 2, 2023 CST The city of San Antonio is working with for-profit and nonprofit partners to implement a $150 million, five-year housing bond, which local leaders and housing advocates said is a big part of long-term efforts to increase affordable housing.The city cited a need to aid an estimated 95,000-plus residents struggling to obtain or remain in a safe, affordable home amid rising housing costs.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, including two new north side apartment complexes. Its interesting to note that there is some variance in rent prices depending on the different parts of the city. The San Antonio Housing Trust PFC issued $35 million in Tax Exempt Private Activity Bonds in support of the Prospera Housing Community Services, a local affordable housing nonprofit, and Versa Development, LLC, partnership to develop the $68.6 million, 4% Low Income Housing Tax Credit project. As of right now, there are a total of12 apartment projectsin the works in San Antonio, according to Steven Santana from MySA. The conversation about housing has changed, and the situation is not going to get better without a different approach, he said. Prepared by PlaceEconomics, the study examines the preservation of "old houses" as a strategy for stabilizing long-term homeownership rates, increasing the availability of affordable rental units, and preventing displacement in inner-city neighborhoods. If you are looking tosell your house for cashwithout the usual hassle of selling on the private market, sell it through iBuyer.com. This is the first project in the city to accomplish such a high number of affordable units, he added. The bulk of that money comes from the city's first $150 million housing bond that can directly fund projects, which city voters approved in May. San Antonio, cited by the U.S. Census as one of the nations most poverty-stricken cities, faces a daunting housing crisis. In San Antonio, five segregated pubic housing projects were built at a total cost of $10 million: The 501-unit Alazn and 600-unit Apache Courts were built for Mexican Americans on the Westside; 383-unit Lincoln Heights Courts and 250-unit Wheatley Courts were built for African Americans on the Eastside; and 660-unit Victoria Courts were built for whites on the southern flank of downtown. The 1800 Apartments project on Center Point Road, close to the Tanger Outlets in San Marcos, will result in 330 new apartments once completed. In 2019, OHP commissioned a study to better understand the contribution of existing, older housing stock plays toward affordable housing in San Antonio. Are eligible for community-based, long-term care . Prior to that, Edmond was a community news reporter for Prime Time Newspapers and the San Antonio Express-News, including editing two community weeklies. As in previous years, voters can expect to see . It has an approximate population of1.46 million residents, known as San Antonians. Five projects were selected to provide affordable housing solutions for those in most need. Two years ago, the Mayor's Housing Policy Task Force defined workforce housing as housing in the . Alazn was saved from being razed and replaced with a mixed-income development when Opportunity Home reversed course last year amid opposition from residents, housing advocates and historic preservationists. In this blog post, we will focus on the latter pointthe San Antonio Housing Market. April 2023. Downtown Lane Closures Most Alazn residents earn less than $10,000 a year, according to Opportunity Home, while seniors will pay rent based on income and unit size. The Potranco Commons project, located on the far Westside, will result in 360 affordable apartments being built. We are really helping affordability on the South Side, as we need some additional homes, she said. Updated Looking at that predicted growth in pricing, this would mark a significant rebound for San Antonio. Unofficial results showed every proposition passed with roughly 60% of voters or more approving. Click to email a link to a friend (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Reddit (Opens in new window). Our average family earns about $10K a year.. 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 size of the 2022 bond program will mark a record for the City of San Antonio; the 2017 bond was $850 million. Conducts research, provides data, makes recommendations, and implements solutions to . The City of San Antonio defines workforce housing as housing reserved for people making between 61% and 80% AMI, which is roughly between $30,240 and $40,310 for a single person, respectively. Homes Available Soon Plan in Cantera Hills, San Antonio, TX 78255 is a Studio, 0 bath single-family home. In 2018, San Antonio adopted a new housing policy framework and plan that was, in large part, a reaction to increasing housing costs. Housing. This follows a recent slowdown, brought on by factors such as rapid price appreciation and rising interest rates. . Veritas $450M loan default: A sign of things to come? In 2000, San Antonio saw the demolition of the 660-unit Victoria Courts public housing project south of Hemisfair, which has since been slowly repopulated with such housing. whether projects could displace neighbors. Both projects resulted in substantial displacement of longtime residents, many of whom did not return. A " no " vote opposed authorizing the city of San Antonio to issue $150,000,000 in bonds to fund projects . over the next few years. By Edmond Ortiz 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 must do more now to avoid a worse housing crisis. For the first time in 2021, San Antonio voters approved $150 million in the 2022 bond to preserve or add to San Antonios affordable housing stock. San Antonio streetcar service began on June 22, 1878. Apply for Housing; News & Events; Careers; Contact Us; Follow Us . Cities like San Antonio that had long ignored the housing needs of Mexican American and Black families only had to pass bonds to cover 10% of the costs. The cost to live in the new apartments, of course, remains income-based. Outside of San Antonio, it is predicted that El Paso will experience the highest increase in price changes and forecasted sales this year in Texas. That needs to happen to address the scale of the housing crisis. 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. Applicants seeking funding for new-construction projects completed a displacement impact assessment to help the scoring committee understand and evaluate how their proposed new housing development could impact existing communities. Jul 2021 - Present1 year 9 months. Madison Iszler covers real estate, retail, economic development, and other business topics for the San Antonio Express-News. To make the case for his approach, Hinojosa is counting on the general publics heightened awareness of the worsening housing crisis. Construction on Cattleman Square is set to begin this summer with Concept Builders as the general contractor and the SAGE Group as the architect. Two deeply researched books document the white power structures deliberate disinvestment in the citys minority communities: Former UTSA history professor emeritus David Johnsons In the Loop: A Political and Economic History of San Antonio (Trinity University Press, 2020) and Pomona College Professor of Environmental Analysis and History Char Millers West Side Rising: How San Antonios 1921 Flood Devastated a City and Sparked a Latino Environmental Justice Movement (Trinity University Press, 2021.). Let's take a look at these San Antonio-area apartment projects currently in the works. Thursdays City Council vote comes after San Antonio residents voted and approved the Citys first full-scale affordable housing bond totaling $150 million. 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. The city relied heavily on federal grants to fund Metro Health until the pandemic, which led to ramped-up staffing and budget. We provide education, resources, and strategic partnerships with affordable-housing-related charities, social enterprises, and builders. District 4 Councilwoman Adriana Rocha Garcia said shes excited to see funding for Habitat homes. Combined, these apartment projects will result in more than 3,800 new units in the San Antonio area. 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 . With the input of community partners and public history advocates, OHP developed two local historical marker programs that help capture San Antonio's unique and underrepresented histories: There's a Story Here, a crowd-sourced story-sharing and mapping program with stickers or small markers installed at each site, and History Here, a community-reviewed historical marker program that results in a plaque. (Edmond Ortiz/Community Impact). San Antonio Housing Authority. 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. The housing bond encompasses $45 million for homeownership rehabilitation and preservation; $40 million for acquiring, renovating and maintaining rental housing; $35 million for creating and buying rental housing; $25 million for housing with permanent on-site support services; and $5 million for homeownership production. Texas Public Radio. The bond funds bond will be used to build 88 public housing units at the Courts. The $38 million accounts for a majority of the cost of the development, which also received a $2 million from a City of San Antonio housing bond. San Antonio, Texas (April 11, 2022) - The San Antonio Housing Trust (SAHT) closed financing on the construction of Lofts at Creekview, a 301-unit, $60-million affordable workforce apartment community located on 12 acres of vacant land at 3623 E. Commerce Street (East Commerce & IH 10, North of Houston St.) in Council District 2.. References The 2017-2022 program was the first time San Antonio used the bond to help create below-market housing. While this has increased competition within the rental market, the strong pace of apartment construction has helped to reign this in somewhat. Addressing housing affordability has been a key priority of mine, and over the past five years, its an issue that San Antonio residents have come together to rally behind, said San Antonio Mayor Ron Nirenberg. While supply chain issues, cost increases, labor . Highlighted projectsmay have more frequent project updates. The Public Works Department (PWD)routinely moves soil as part of the many street, drainage, park and building projects it manages annually. in San Antonio. The Housing Authority of Bexar County is inviting residents to a Public Meeting on March 1, 2023 at 4:30 p.m. During this meeting, the public is welcome to bring any comments or recommendations involving HABC's Administration plan for 2023-24. The project is on the site of the old Continental Hotel in downtown San Antonio. 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 direct investment in affordable housing will considerably boost local housing supply, preserve our aging housing stock, protect our neighborhoods and will help ensure that everyone has a place to call home. Located on Soledad St, it will result in the creation of 354 new apartments. SAN ANTONIO - The first step in a months-long process for the 2022 bond program was a shaky one on Wednesday as city council members criticized city staff's proposed list of projects - both . Builders in San Antonio depend on their reputation to bring new buyers in and are dedicated to your satisfaction. According to one market analyst, rent growth in San Antonio will decline toward the areas historical average of between 2% and 3% annually. The San Antonio Housing Trust has awarded $2.7 million to five affordable housing projects for low-income renters and buyers. Construction on this project is due to commence imminently. Find your perfect new home today. The citys Strategic Housing Implementation Plan estimates 95,000 low-income households need affordable housing that is not available today. Read more about Westside Cultural Resource Survey Initiative. San Antonio, and many other cities in Texas, is quickly becoming an attractive option for people relocating from states such as California. Turnout was lower than expected, less than 8% . Housing prices start at just $159,999 and you can find homes ranging from 619 to 6,010 sq/ft. The Detroit Housing Market in 2023: Heres What 5 Reports Say, Seattle Housing Market: 4 Reports on 2023, The Ultimate Guide to Selling Your House Without a Real Estate Agent, The Phoenix Housing Market in 2023 Heres What Lies Ahead, The number of days each rental remained vacant, The occupancy rate of each citys apartments, The percentage of renters who renewed their leases. Housing Bond Committee Co-Chairs Katie Vela (left) and Shirley Gonzales watch presentations at Tuesday's meeting. . There is a lot of information that we can take from the above reports when it comes to the San Antonio housing market in 2023. Full-Time. For example, between the first quarter of 2020 and the third quarter of 2022, the asking rent increased by 21.9% on the North Side, by 19.7% on the Northwest Side, and by 19.7% on the far West Side. This year's program is utilizing a portion of the $45 million allocated to homeowner rehabilitation projects from the historic $1.2 billion . **Place-based housing vouchers, Westside Reinvestment Initiative (Opportunity Home), Categories: City News, Neighborhood & Housing Services News. This is a seven-story, $54 million luxury apartment complex that will include a ground-floor restaurant. Prior to any excavation, the soil is tested by private, licensed professionals and is compared to Texas Commission on Environmental Quality (TCEQ) standards for appropriate reuse or disposition. It was approved . Following a year of input from the public and analysis through a technical advisory committee, it was recommended to Council that a viewshed may not be the most effective tool for the Woodlawn Lake area and that a zoning buffer, similar to the River Improvement Overlay Districts, should be explored. About 63 percent of the apartments at properties receiving funding are for families earning up to 60 percent of the AMI, who are in need of affordable housing, according to This is especially true for homeowners who are planning to sell either their primary property or a secondary home. Apply for Housing A committee made up of city staff, housing advocates and developers created the categories and scored proposals based on criteria such as affordability experience, nonprofit status, location and Again, there is a number of reasons for this retreat in rent prices, including a softening of demand and an increase in the construction of apartments and other residential properties. It was built in 1941, after San Antonio priest Carmelo Tranchese lobbied Eleanor Roosevelt to create affordable housing in San Antonio's impoverished, mostly Mexican-American West Side. Alazn-Apache Courts was the first public housing project in San Antonio. Construction costs have risen dramatically, plus we have committed to building the first phase as close to carbon neutral as possible, which has raised costs slightly, said Ed Hinojosa Jr., who was named president and CEO of Opportunity Home last year after serving for 12 years as chief financial officer. About Opportunity Home; Leadership; Find a Home. City Tower Deeply affordable units for families earning at or less than 30% and 50% Area Median Income, Projects that prioritize universal design, Projects with sustainability features beyond City Code to include energy efficiency and water reduction features, and resilient building and weatherization practices, Integrating high-speed Internet and mobile infrastructure into design plans, Projects with wide geographic availability and working to decrease racial and social economic segregation. In terms of sales, an increase of almost 9% is forecast, along with a 5.4% increase in price. Today, the San Antonio City Council unanimously approved funding for 14 projects that will build or preserve affordable housing. In total, more than 94% of all rental properties in the area were occupied, thereby creating a huge demand for available units. Voters approved a $150 million bond in May as part of San Antonios record $1.2 billion bond program. 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. Created or preserved over 6,655 units from <30% to 60% AMI. As we have highlighted above, a considerable number of apartment projects are in the works in San Antonio. The 183 different projects are split between six propositions, which voters will take up separately . In fact, San Antonio was named the seventh most competitive housing market in the state of Texas last year, with El Paso at the very top of the list. San Antonio, TX has 462 new housing subdivisions with 8,426 new construction homes for sale in San Antonio. Additional projects that are not Bond-funded, like the City Hall Renovation Project and City Tower Project are also handled by the PWD. We have to try something different., Robert Rivard, co-founder of the San Antonio Report, is now a freelance journalist. HOME Menu. This is the first housing project that will be 100% solely . Affordable Housing. Neilesh Verma, the firm's president, is a San Antonio native who has been with the company since 2005. Follow this page for updates regarding current projects & initiatives by OHP. Teaching community development to churches. San Antonio voters approved all six propositions in the 2022-2027 $1.2 billion municipal bond Saturday, including $150 million dedicated to affordable housing. The City of San Antonio is the seventh most populous city in the United States and the second most populous in Texas, behind Houston. Victoria Courts Housing Project Plaque Photo: Larry D. Moore CC BY-SA 4.0 December 9, 2015 Victoria Courts Housing Project Plaque. The Esperanza Peace and Justice Center and the Westside Preservation Alliance have . City of San Antonio hopes spending $150 million on affordable housing wont price out residents. San Antonio, TX 78205 Mailing Address PO Box 839966 San Antonio, TX 78238 . Courtesy Studio S Squared . It is known for its relaxed way of life, affordability, amazing food scene, high safety rating, and strong housing market. Address: 114 LANSING LANE, San Antonio, TX 78207 Edit. 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 . (Photo by Josh Huskin) For the last several years, the San Antonio Housing Authority has been planning a project that would see the Alazn-Apache Courts, the city's oldest public housing complex, demolished and replaced with mixed-income housing. San Antonio, TX 78204 210.477.6000. Affordable housing has been disappearing from many neighborhoods and residents pay the price for poor housing policy and lack of investment, Castillo said.