The Source: County May Take On Affordable Housing Bond
San Antonio and Bexar County are seeing property values rise. For the first time in its history, we are seeing the median sales price of a home rise above $200,000.
Unfortunately, the median household income remains low at $50,502. That is a big gap, and the county is exploring the possibility of helping bridge it.
Bexar County's Precinct four Commissioner Tommy Calvert Jr. is proposing a $200 million bond to create grants and other incentives for individuals and developers to revitalize and refurbish homes as well as create new affordable housing.
- Tommy Calvert Jr, Bexar County Commissioner for Precinct four