A third of the units to be built or rehabbed are what the city calls 'deeply affordable,' for those earning 50% or less than area median income.
The Arbors at West Avenue is one of six affordable living properties recommended to be rehabilitated through the city’s voter-approved housing bond.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.
“This is a big shot in the arm for the [city’s] Strategic Housing Implementation Plan,” Mayor Ron Nirenberg said, referencing the plan approved last year that identified the need to build or preserve over A third of the units to be built or rehabbed in this round are what the city’s housing department calls “deeply affordable,” meaning rental units that someone who earns 50% or less than theA citizen-led committeethat the bond money should prioritize the most vulnerable, cost-burdened and low-income populations.
The 88 public housing units will be part of Opportunity Home’s first phase of construction and renovation at the. If city council approves staff’s recommendation, the housing authority would spend $8.2 million in bond funding for the $24 million project. “Our bond dollars and federal dollars will go that much further with the private investment that’s coming,” Garcia said.to determine if they would jeopardize — through gentrification or demolition — the housing stability of existing area residents. Only three required an additional, in-depth analysis, and they were determined to be low-risk, Garcia said.
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