A first-ever city bond will help pay to build rental and for-sale housing and to make...
Funds from the bond and federal programs will be used to build housing — including 686 apartments and 71 homes — and make upgrades and repairs at existing complexes on the West, South and North sides.
The next round of funds will be distributed next year. The bond is a slice of the $1.6 billion the city plans to spend on housingOpportunity Home San Antonio, previously known as the San Antonio Housing Authority, is receiving more than $17 million in this funding round. The upgrades include replacing windows and air conditioning units, fixing wheelchair ramps and elevators and enhancing security.City of San Antonio hopes spending $150 million on affordable housing won’t price out residents
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. Alamo Community Group will receive $2 million for Cattleman Square Lofts, a 138-unit complex the nonprofit developer is building near VIA Metropolitan Transit’s Centro Plaza transportation hub on the near West Side.
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