DEPARTMENT: Neighborhood and Housing Services Department (NHSD)
DEPARTMENT HEAD: Ver?nica R. Soto, AICP
COUNCIL DISTRICTS IMPACTED: Citywide
SUMMARY:
Briefing on the San Antonio Housing Trust (SAHT) strategic assessment recommendations conducted by the National Association for Latino Community Asset Builders (NALCAB)
BACKGROUND INFORMATION:
With the acceptance of San Antonio's Housing Policy Framework on September 6, 2018, the San Antonio City Council recommended a strategic assessment of the SAHT to increase accountability and transparency, align the SAHT with the City's affordable housing priorities, and increase affordable housing production capacity. The Assessment was to include the SAHT itself, the San Antonio Housing Trust Foundation (SAHTF); the San Antonio Housing Trust Finance Corporation (SAHT-FC); and the San Antonio Housing Trust Public Facility Corporation (SAHT-PFC).
The City issued a Request for Proposals (RFP) to secure these services on October 12, 2018 and posted on the City's Bidding and Contracting Opportunities webpage. The RFP was advertised in the San Antonio Express-News. A pre-submittal conference was held on October 18, 2018, to allow for Respondent questions and clarification to the RFP. The City approved a contract with the National Association for Latino Community Asset Builders (NALCAB) contract on January 17, 2019.
The SAHT was established in 1988 with a $10 million contribution from the City of San Antonio. The SAHTF was established soon thereafter as a separate legal entity to hire staff and administer the resources of the SAHT. Since its founding, the SAHTF's primary activities have been making low-interest loans to support non-profit housing organizations and providing administrative support to the housing trust entities and other city housing programs. The Boards of Directors of these two organizations are made up of the same eleven individuals appointed by the Mayor and Council.
SAHT-FC was established in 199...
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