Housing
AFFORDABLE HOUSING
The utilization of $150 million of the 2022 Bond Program is for the production and preservation of affordable and permanent supportive housing. Funding will be used for the acquisition, construction, preservation and rehabilitation of homes, providing loans and grants for affordable housing programs as may be permitted by law, and the acquisition of land and interests in land and property necessary to do so; and the levying of a tax sufficient to pay for the bonds and notes.
San Antonio’s Affordable Housing Need
When a household spends too much of their income on housing, they must make difficult choices that compromise their health, education, transportation options, and time with friends and loved ones. The US Department of Housing & Urban Development (HUD) and practitioners nationwide use the term ‘cost burdened’ to describe households paying more than 30% of their income on housing costs including rent, mortgage, and utilities.
In Bexar County, 95,000 households are cost burdened. Approximately 45,000 of these households make less than $20,100, which is 30% of the Area Median Income. Households at this income level represent individuals whose lives are compounded by life circumstances like disability or old age and their home may lack the features or space that allow them to live with dignity. The Strategic Housing Implementation Plan addresses the needs of the cost burdened households through job training, human services, and housing preservation and production.
Housing Bond Funding Categories:
1. Homeownership rehabilitation and preservation 45M
2. Rental housing acquisition, rehabilitation, and preservation 40M
3. Housing with Permanent Onsite Supportive Services for People Exiting Homelessness 25M
4. Rental housing production and acquisition 35M
5. Homeownership production 5M
For more information on the Strategic Housing Implementation plan visit:
City Council’s Resolution for Housing Priorities can be found at: