This year, Cross Timber Homes is on track to complete 10 homes in the $150,000 price range.
The City of San Antonio’s proposed 2020 budget would increase funding to affordable housing by $8.5 million.
City officials turned to SAWS for additional revenue, proposing an increase in the portion of money given to the City for the first time since 1992.
The nearly unanimous board approval marks one of the largest amounts of financing authorized in a single day by the San Antonio Housing Authority.
The San Antonio Housing Authority plans to start construction on a new mixed-income housing project across from Alazán Courts sometime next year.
San Antonio City Council may consider a program for community land trusts aimed at combating housing displacement in gentrifying neighborhoods.
San Antonio was selected to participate in a national program aiming to develop strategies to promote housing affordability.
Councilman Roberto Treviño filed a request to create a Renters Commission that would advise it on affordable housing, renter rights, and more.
Officials say Acero will be attractive to a variety of prospective tenants wanting to live in an upscale yet affordable community in the city’s urban core.
City Council will vote on a homestead property tax exemption Monday and the budget is slated for a vote on Sept. 12 that may trigger an increase in property taxes for some.