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Around half of the 220-unit residential community will be reserved for residents who make 40, 50, and 80% of the Area Median Income.
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Robert E. Lee Apartments tenants organized for over a year to keep their affordable apartments out of private hands where rents could have been increased by 2028.
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The White House has proposed eliminating two major federal grant programs which provide tens of millions of dollars every year to San Antonio the city uses to support affordable housing.
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The San Antonio Housing Trust Foundation's bid for the Robert E. Lee Apartments was accepted last month after tenants in the building organized to keep it from being sold to a private developer.
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The funds would largely come from the city's 2022 housing bond, as well as federal grants.
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The project involved the rehabilitation and construction of over 230 affordable housing units.
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As faith organizations across the city watch their congregations dwindle, some are wondering if their property could be used to realize a core mission: providing for those in need. It’s a trend some have termed “Yes in God’s Backyard.”
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The 65-unit complex filled up within three weeks, the fastest of any such project in San Antonio.
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The city council passed resolutions of support for the affordable housing projects. It will now be up to the state to decide which of the projects are awarded the tax credits that will enable their construction.
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The San Antonio Independent School District has released a draft Memorandum of Understanding for the purchase of district land for the new Missions ballpark.