DEPARTMENT: Department of Planning and Community Development
DEPARTMENT HEAD: Bridgett White
COUNCIL DISTRICTS IMPACTED: Council District 2
SUBJECT:
A Resolution in Support of identifying San Antonio Housing Authority's East Meadows Phase II Multi-Family Project as contributing "most significantly to the concerted revitalization efforts" of the City of San Antonio, for the Texas Department of Housing and Community Affairs competitive 9% Housing Tax Credit application.
SUMMARY:
The San Antonio Housing Authority (SAHA) is seeking a resolution from the City Council identifying its East Meadows Phase II Multi-Family Project as contributing "most significantly to the concerted revitalization efforts" in order to obtain additional points in its application before the Texas Department of Housing and Community Affairs' (TDHCA) governing board.
BACKGROUND INFORMATION:
On June 21, 2012, the City approved a Resolution in support of SAHA's Eastside Choice Neighborhood Implementation Grant Proposal submitted to the U.S. Housing and Urban Development (HUD), which included the redevelopment of Wheatley Courts, an obsolete and inefficient public housing site.
On December 12, 2012, in response to its grant proposal, SAHA received a $29.75 million award from HUD for the Wheatley Choice Transformation Plan.
SAHA submitted an application during the 2016 Housing Tax Credit (HTC) application round for East Meadows Phase II Multi-Family Project and City Council provided a Resolution of Support on February 18, 2016. However, the project was unsuccessful in scoring sufficient points to be competitive. Consequently, SAHA will be submitting an application for the 2017 HTC round for the East Meadows Phase II Multi-Family Project.
On September 21, 2016, the Housing Committee approved and forwarded to City Council a Resolution of Support for the development of East Meadows Phase II Multi-Family Project. In addition to the Resolution of Support for East Meadows Phase II...
Click here for full text