DEPARTMENT: Neighborhood and Housing Services
DEPARTMENT HEAD: Verónica R. Soto, AICP
COUNCIL DISTRICTS IMPACTED: City Wide
SUBJECT:
Briefing on the City’s Affordable Housing Business Plan progress through May 2019.
SUMMARY:
Briefing on the City’s Affordable Housing Business Plan progress through May 2019.
BACKGROUND INFORMATION:
The FY 2019 Adopted Budget includes $25 million for Affordable Housing initiatives including $17 million in new funding. The $25 million budget includes $11.7 million for housing preservation and repair, $3.2 million for homebuyer assistance, $1.4 million to develop a coordinated housing system, $7.7 million for gap financing, and a $1 million risk mitigation fund. In November, the City received a $1 million private sector donation for additional funding for our Under 1 Roof program.
ISSUE:
Below is a table that summarizes the implementation status for the 10 housing-related activities that are included in the FY 2019 Affordable Housing Business Plan. The Neighborhood and Housing Services Department has updated the Business Plan to include the City’s prioritization of the anti-displacement work plans. Following the table are summary paragraphs that provide updates on each activity not completed to date.
|
Activity |
2019 Status (October through May) |
|
Owner Occupied Rehab Program Delivery |
On Schedule 2 of 1 Home Completed 30 of 51Homes Under Contract |
|
Under 1 Roof Program Delivery |
On Schedule 252 of 256 Roofs Completed |
|
|
|
|
Affordable Housing Coordination Across All Housing Entities |
On Schedule |
|
Housing Trust & PFC Strategic Plan Development |
On Schedule |
|
Homebuyer Assistance & Counseling Programs |
Behind Schedule 176 of 184 Clients Completed |
|
Develop a Housing Risk Mitigation Fund Policy |
Completed |
|
Gap Financing Awards for New Affordable Rental and Homeownership Development Projects |
Completed |
|
Consolidate City Housing Staff into the Neighborhood and Housing Services Department (NHSD) |
Completed |
|
Reconstitute the Housing Commission |
Completed |
|
LISC Support Contract Execution |
Completed |
Owner Occupied Rehabilitation
• Staff approved 30 contracts
• Two (2) homes completed construction in May, 4 under construction
Under 1 Roof
• 252 roofs replaced
• Rainfall delayed construction
Coordinated Housing System
• NHSD applied for the ForEveryoneHome Anti-Displacement grant
• Removing Barriers to Affordable Housing Committee met on May 29
Strategic Plan/Review of Housing Trust & Public Facility Corporation
• Staff has begun reviewing and collecting background documentation for the San Antonio Housing Trust (SAHT) third-party assessment
• Staff also has notified the SAHT and Public Facility Corporation/Finance Corporation Board of Directors to ensure they understand and are committed to the organizational review process
• The recommended consultant that was selected through a Request for Proposals process was considered by City Council on January 17 and began their work in January 2019
Homebuyer Assistance & Counseling Programs:
• Assisted 176 residents with first-time housing down payment financial assistance
• Staff is processing 1,503 applications.
Risk Mitigation Fund
• The policy was approved by Council on March 21
• Team assisted 77 families in April
FISCAL IMPACT:
This report is for briefing purposes only.
RECOMMENDATION:
This report is for briefing purposes only.