The city of San Antonio in July is holding one virtual discussion and two in-person meetings to invite residents to provide feedback on implementation of the $150 million affordable housing bond that voters passed in May.
The housing bond was included in the voter-approved $1.2 billion bond package. City officials said $45 million from the housing bond will be dedicated to rehabilitation and preservation of existing homes that are at risk for demolition and where the household earns 30%-50% of the area median income, or AMI.
According to local officials, another $40 million in bond money is being allocated for acquisition, rehabilitation and preservation of existing rental housing, which will be redeveloped as public and income-based housing for households making up to 30% of the AMI.
City officials said another $25 million in bond funds will be used to support the development of permanent supportive housing for people experiencing homelessness.
The city is directing $35 million to support development of new rental housing and acquiring those properties for public- and income-based housing for households earning up to 50% of the AMI with a priority for 30% of the AMI.
The city is allotting $5 million to support the production of new homes for households making up to 80% of the AMI, with a priority on those making 60% and below the AMI.
The city’s first housing bond meeting will be a virtual presentation to be held live July 7 from 5:30-6:30 p.m. The meeting will be recorded, city officials said. Attendees are asked to sign up in advance.
The two in-person meetings will each involve overall discussions on the housing bond and about using data to understand and prevent displacement risks.
One in-person community meeting will be held July 9 from 10:30 a.m.-1 p.m. at Semmes Public Library, 15060 Judson Road. The second meeting will take place July 12 from 5:30-8 p.m. at St. Philip’s College Veteran’s Outreach Center, 202 Connelly St., Room 208.
Snacks will be provided at each meeting.