West Side land trust and demolition fund would be first of its kind in San Antonio
FacebookTwitterEmail
A novel approach to preserving affordable housing for low-income families is percolating on the West Side.
The Esperanza Peace and Justice Center is set to receive $300,000 from the San Antonio Housing Trust Fund and Foundation to set up an emergency demolition fund and a community land trust, which would be the first of its kind in San Antonio.
The fund would be used to save and rehabilitate older houses, which would be required to join the land trust. The trust would rent or resell the houses to families earning up to 30 percent of the area median income.
West Side land trust and demolition fund would be first of its kind in San Antonio mysanantonio.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mysanantonio.com Daily Mail and Mail on Sunday newspapers.
San Antonio seeks to float bonds for affordable housing
FacebookTwitterEmail
1of6
Shotgun houses, such as these on West Ashby, have been discussed as potential renovated affordable housing options. Proposition A allows new approaches to affordable housing here.Billy Calzada /Staff file photoShow MoreShow Less
2of6
Larry McCoy, 57, smiles as he talks about his apartment, Friday, April 23, 2021. McCoy, a nine-year Air Force veteran who served in Desert Storm, was homeless, not for the first time, when he was kicked out of a previous apartment in July 2019. Suffering from depression and schizophrenia, he was able to rent the apartment with help from the Veteran Affairs Supportive Housing Voucher program. He moved into the apartment in August 2019.Jerry Lara /San Antonio Express-NewsShow MoreShow Less