Alazán Courts redevelopment project paused after San Antonio rescinds $8M bond investment

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Multimillion-dollar plans to renovate and expand San Antonio's oldest public housing complex are now on hold due to a lack of funding.

Nathaniel, 6, climbs a tree in front of Alazán-Apache Courts. Opportunity Home, formerly the San Antonio Housing Authority, announced this week it had missed out on $8.2 million in housing bond money for the first phase of construction and rehabilitation of the complex.Ambitious, multimillion-dollar plans to renovate and expand San Antonio’s oldest public housing complex are now on hold due to a lack of funding, according to local officials.

Despite the setback for Alazán, the housing authority is focused on turning its attention to other worthy projects, he said. Previous CEO Ed Hinojosa had said that money would come from a specialized federal fund, but the U.S. Department of Housing and Urban Development told Opportunity Home that money could not be used for the Alazán expansion because it would further concentrate poverty in the West Side, Reyes said.

“If we were to move that money from public housing , the entire department would not be funded,” he said. “It’s clear that would be irresponsible.”, Hinojosa’s predecessor, for using public-private partnerships to produce mixed-income housing while reducing the public housing stock. They then praised Hinojosa forcinder block complex.

“Are they perfect? Absolutely not,” he said. “But those are the remaining options. There’s no magic bullet here.”

 

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Belgique Dernières Nouvelles, Belgique Actualités