DEPARTMENT: Neighborhood and Housing Services Department
DEPARTMENT HEAD: Ver?nica R. Soto, FAICP, Neighborhood and Housing Services Department Director
COUNCIL DISTRICTS IMPACTED: Citywide
SUMMARY:
Update on the San Antonio Housing Trust Governance Recommendation
BACKGROUND INFORMATION
In 2019, the City of San Antonio engaged the National Association for Latino Community Asset Builders to undertake an assessment of the San Antonio Housing Trust (SAHT) and to provide strategic recommendations for strengthening the Trust and associated entities which was a key recommendation of the Mayor's Housing Policy Task Force.
The recommendations included hiring an Executive Director, monitoring covenants, establishing organizational policies and procedures, increasing the capitalization of the Trust, clarifying public policy goals, enhancing public engagement, and increasing transparency. However, the first recommendation was related to re-alignment the composition of the Board of Directors/Trustees of the four San Antonio Housing Trust entities to better balance the collective skills, interests and authorities of the Board and thus promote unified policy development, perspective in decision making, and enhancement of transparency.
ISSUE:
A Joint Transition Committee (JTC) consisting of three senior members of the Trust/Foundation Boards and 3 senior members of the Public Facility/Finance Corporation Boards was created to make key recommendations on the governance realignment framework. The Joint Transition Committee has met regularly since September 2020 recommending the following path forward:
Revised Statement of Purpose
The San Antonio Housing Trust will be committed to creating and preserving housing that is primarily affordable, accessible, attainable, and/or sustainable to residents within the City of San Antonio, Texas; and to support community development efforts that build and sustain neighborhoods, empower residents, and provide for positive equi...
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