Voter-Approved Affordable Housing Bond Project Breaks Ground on the City’s South Side
Retrieved on:
Monday, March 13, 2023
REIT, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Urban Planning, Government, Disability, Rural Housing Service, Western Addition, San Francisco, VIDA, Trust, Veteran, Senate, The, City, Organization, Senior, United States Department of Housing and Urban Development, Texas House of Representatives, Texas A&M University–San Antonio, MBC, Housing, House, COSA, Texas A&M University, Student, College, Multimedia, Growth, Alta Architects, Person, Bartlett Real Estate Office, Commissioner, Council, Artis, Vida, KeyBank, Drug, Interior design, Development
Development partners and City officials gathered at the site of the future Los Arcos at VIDA to celebrate the groundbreaking of a new affordable housing development on San Antonio’s south side.
Key Points:
- Development partners and City officials gathered at the site of the future Los Arcos at VIDA to celebrate the groundbreaking of a new affordable housing development on San Antonio’s south side.
- Los Arcos, which translates to “the arches” in Spanish, is the first project to break ground that utilizes funds from the 2022–2027 City of San Antonio (COSA) Housing Bond Program.
- "This funding ensures that even in challenging construction times impactful projects like Los Arcos are able to provide affordability for households most impacted by the housing crisis.”
In the May 7, 2022 election, San Antonio voters approved the City’s first-ever affordable housing bond that allocated funding for affordable housing opportunities through the production and preservation of affordable housing, targeting the most vulnerable households identified in alignment with the Council-approved Strategic Housing Implementation Plan. - “The San Antonio Housing Trust is honored to serve as a partner and co-developer on Los Arcos,” said Pete Alanis, Executive Director of the San Antonio Housing Trust.