The Josephine, an ongoing project located at W. Josephine St, will result in 261 units. We hope to close in May, Alamo Community Group Executive Director Jennifer Gonzalez told the outlet. The cost to live in the new apartments, of course, remains income-based. TheBond Projects Status Dashboard provides the current status of City of San Antonio Bond Projects. Alamo Community Group will receive $2 million for Cattleman Square Lofts, a 138-unit complex the nonprofit developer is building near VIA Metropolitan Transits Centro Plaza transportation hub on the near West Side. Dec. 15, 2022. a plan developed by the city to guide housing policy. affordable housing According to a report by Realtor.com, per Ramzi Abou Ghalioum, a reporter for the San Antonio Business Journal, San Antonios housing market isexpected to show positive growthin 2023. For example, home sales in Phoenix, Arizona are expected to fall by more than 18% this year, with Sarasota, Florida expected to experience a drop of more than 28%. 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. Two of the San Antonio Housing Trust's key projects recently fell through due to the current price spikes, said Pete Alanis, executive director of the city-created nonprofit. San Antonio Housing Authority. Located on Soledad St, it will result in the creation of 354 new apartments. The city of San Antonio and Bexar County do not fund Opportunity Home either in their annual operating budgets, and until the citys 2022 bond, in their capital budgets. 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. We have to try something different., Robert Rivard, co-founder of the San Antonio Report, is now a freelance journalist. Homes Available Soon Plan in Cantera Hills, San Antonio, TX 78255 is a Studio, 0 bath single-family home. 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. 100 W Houston 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. . Cleveland-based for-profit developer NRP Group will get $5.5 million to build 384 apartments at two complexes, one near Texas A&M University-San Antonio and the other along Interstate 10 between Huebner and Wurzbach roads. It is also interesting to note that the outlook for the San Antonio New Braunfels area is quite contrasting to many other US cities, including those which saw an increase in housing prices and local real estate sales during the COVID-19 pandemic. In August, the city issued requests for proposals with $43.9 million in funding available. 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. * Deeply affordable units are classified as units below 50% AMI for rental and below 80% for Homeownership and includes Public Housing and some income-based units. marivel.arauza@sanantonio.gov. Port San Antonio is aiming to complete construction on the 130,000-square-foot Tech Port Center in March 2022. 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. A large new community is currently being developed near Texas A&M Universitys Southside campus. On September 1, 1937, President Roosevelt signed the United States Housing Act of 1937. . Responsible for management and leadership work involving planning, organizing, and directing . At Woodhill apartments, 53 units that have been for families earning up to 80 percent of the area median income will now be for residents making up to 30 percent of the area median income. Housing is a way we honor our seniors by allowing them to age with comfort, security and dignity. Builders in San Antonio depend on their reputation to bring new buyers in and are dedicated to your satisfaction. This increase also came at a time when the rising cost of housing as well as rising mortgage rates put homeownership out of reach for many people. The ability to spend less of their income on rent means families can save more for expenses such as medication and education, or a cushion if they lose their job. 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. 2005-2022 Community Impact Newspaper Co. All rights reserved. Sweeney brings to Prospera a diverse background in real estate, finance and law. To see the proposed Admin Plan, CLICK HERE. It is interesting to note that while the expected price appreciation in San Antonio is lower than the national average of 5.4%, in terms of growth in sales volume, it is anticipated that it will far outpace the national rate of change, which is predicted to drop by more than 14%. A new report looking at the San Antonio rental market has highlighted how it is becoming increasingly competitive. In total, San Antonio housing officials have set a goal of 1,300 homes preserved and 1,200 homes created from the housing bond for the next fiscal year. Veritas $450M loan default: A sign of things to come? The need for affordable housing in San Antonio outstrips the $150 million expected to be voted on in next year's housing bond. The largest amount for a single project, $8.2 million, will go to expand the Alazn and Apache Courts on the West Side, the citys oldest and largest public housing complex. On W. Commerce St, a 16-storey apartment high-rise is planned to bring in 255 new apartments. Planned are 138 residential units, all of which will be marketed as affordable, including 21 apartments reserved for those earning 30 percent of the area median income. Reach Madison at 210-250-3242, madison.iszler@express-news.net and @madisoniszler. Housing. "Affordable housing" is housing for people making anything up to 60% AMI, according to the city. Are between 18 to 61 at the time of admission. He's a San Antonio native, and studied mass communications at San Antonio College and Texas State University. Sticker shock: Ranking South Floridas priciest residential rentals, Here are Chicago's top 10 construction permits issued in May. Since 2011, the San Antonio Housing Trust has: San Antonio Housing Trust Hires New Director of Asset Management, Request for Proposals for Community Land Trust Grant, San Antonio Housing Trust Charts New Path Through 2027, San Antonio Housing Trust Foundation, Inc.2515 Blanco Road | San Antonio, TX 78212210.735.2772. About 3.5 percent are public housing units. Senior Planner and Project Manager, San Antonio Planning Department. 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). He previously was the main reporter for Local Community News, covering several areas in and around San Antonio, first as a freelancer and then staff member. record $1.2 billion bond program. Get a breakdown of the latest prices and an outlook for 2023 and beyond. Apply for Housing 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. Both the 2007-2012 Bond Program and the 2012-2017 Bond Program are managed by the PWD. The funds, coming from 4 percent state tax credits, will help Alamo Community Group build . Between the first quarter of 2020, when the pandemic began, and the third quarter of 2022, asking rents in San Antonio rose by almost 18%, reaching an average of more than $1,240 per month. 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. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. San Antonio (Bexar County) The development of Towne Twin Village, a planned permanent supportive housing community for chronic homeless seniors, is currently underway. marivel.arauza@sanantonio.gov There was an error and we couldn't process your subscription. A planned multimillion-dollar mixed-use development would transform a section of the River Walk and inject more housing, offices, hotels and retail into downtown San Antonio. Jared Brey March 9, 2021. Voters approved the $150 million bond in May as part of the citys The Affordable Housing Bond is bringing new housing options online, while also preserving the availability of housing units for those who need it most. 210-396-3387. Department Initiatives & Studies Overview, Living Heritage & Trades Education Overview, Westside Cultural Resource Survey Initiative. Looking at that predicted growth in pricing, this would mark a significant rebound for San Antonio. 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. Realtors don't sell houses out of the kindness of their hearts. In the case of San Antonio, it is expected that home sales in the city will climb 2.5% this year. Credit: Nick Wagner / San Antonio Report. As we have highlighted above, a considerable number of apartment projects are in the works in San Antonio. 210-396-3387. Other smaller projects in the works include the Katherine Courts Apartments (27 units) and Pine @ Carson (21 units). The High Impact Housing Project (HIPP) This funding will support efforts to repair the homes of low-income homeowners on the Westside of San Antonio. Then it takes us about 30 days or so to ramp up, get situated on the site and then start construction.. PO Box 839966 This is the first project in the city to accomplish such a high number of affordable units, he added. These include affordable housing projects in San Antonio, such as the Medio Springs, the Masters Ranch Apartments, and the Paso Fino Apartments these projects range from 160-348 units. San Antonio continues to pull through as one of the most affordable housing markets in the nation. Mr. Sweeney holds a Bachelor of Business Administration (B.B.A., 1996) in Finance from the McCombs School of Business at the University of Texas at Austin . Aspire at Tampico, a San Antonio Housing Authority project, is a 200-unit mixed income development. Please reload the page and try again. Section 8 vouchers are not accepted. | In the first part of the year, the average time a rental unit was vacant was33 days. The Oakland Housing Authority also remodeled Lockwood Gardens. According to one market analyst, rent growth in San Antonio will decline toward the areas historical average of between 2% and 3% annually. The plan was controversial for several reasons. Thank you in advance for your patience, understanding, flexibility and care you give each other and to our residents. Both the 2007-2012 Bond Program and the 2012-2017 Bond Program are managed by the PWD. - Reporter, San Antonio Business Journal. English (United States). In accordance with the Soil Relocation Policy and Communication Plan, specific soil relocation work will be listed online. We are really helping affordability on the South Side, as we need some additional homes, she said. Sixty-seven units will be for residents earning up to 30 percent of the AMI, 12 units for up to 50 percent of the AMI, 191 units for up to 60 percent of the AMI and 114 for up to 70 percent of the AMI. Posted: February 15, 2023. 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. 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. The public facility corporation is the most active arm of the San Antonio Housing Trust, a nonprofit created to generate and preserve affordable housing. The first giraffe in San Antonio was part of a traveling circus that stopped here in 1901. 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. Both the average price of a property in San Antonio and the number of home sales in the city are expected to rise in 2023, by 4.6% and 2.5%, respectively. PO Box 839966 We provide education, resources, and strategic partnerships with affordable-housing-related charities, social enterprises, and builders. 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. Within Texas itself, it is expected that thehome sales for Austinwill drop by 6.6%, along with an expected 3% increase in the price. Credit: Nick Wagner / San Antonio Report. The Public Works Department (PWD)routinely moves soil as part of the many street, drainage, park and building projects it manages annually. Five City Council members appointed by the . Upon completion of the remediation, the City of San Antonio is anticipated to receive environmental closure through the Texas Commission on Environmental Quality (TCEQ) Voluntary Cleanup Program. Emergency Street Closures, Women & Small & Minority Owned Businesses, Traffic Signal System Modernization (TSSM). 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. With this knowledge of past climate adaptations, OHP is addressing the challenges of climate change as it impacts the cultural heritage of San Antonio. Have a member of the household eligible for services at the LMHA or LBHA. Utilize the interactive map to filter for public housing listings within the San Antonio Housing Authority network. Then there's the bond dollars themselves. The San Antonio Housing Authority (SAHA) implemented its original MTW program at three of its public housing developments in 2000. April 2023. 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 183 different projects are split between six propositions, which voters will take up separately . Thursdays City Council vote comes after San Antonio residents voted and approved the Citys first full-scale affordable housing bond totaling $150 million. The Alazan-Apache Courts is a public housing project built between 1939 and 1942 on San Antonio's predominantly Mexican-American West Side. It has an approximate population of1.46 million residents, known as San Antonians. Madison Iszler covers real estate, retail, economic development, and other business topics for the San Antonio Express-News. And I think in the future, folks are going to recognize that the first one the pioneers that came in, took the risk and leap of faith was Alamo [Community Group].. If you look back pre-pandemic, no one would have imagined an eviction moratorium, much less a heightened focus on affordable housing, a term I hate to use because our population is way below that 30% AMI level. This year's program is utilizing a portion of the $45 million allocated to homeowner rehabilitation projects from the historic $1.2 billion . Voters approved the . San Antonio, TX 78205 Mailing Address PO Box 839966 San Antonio, TX 78238 . The bond funds will be invested over five years. Physical Address City Tower 100 W Houston San Antonio, TX 78205 Mailing Address PO Box 839966 San Antonio, TX 78238 Phone 210-207-0035 Hours Monday - Friday, 7:45am - 4:30pm 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. The main phone number is (210) 477-6000. 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.