Affordable Housing Gap Funding Solicitation

At a glance

• What: Two requests for proposals for $11.2 million of affordable housing gap funding ($8.7 million rental, $2.5 million homeownership) from the 2022-2027 Affordable Housing Bond, HOME and CDBG funds.
• Where it stands: Pre-solicitation briefing September 2, 2026; release planned September 4, proposals due October 20.
• Next: Post-solicitation briefings in December 2026; Council consideration January 14, 2027.

Details

• Benavidez presented. Rental proposals require at least 15 percent of units for households at or below 30 percent of area median income and favor transit-adjacent, family-size units; homeownership targets households up to 80 percent. Displacement impact assessments are required for new production. Benavidez expected two or three multifamily and one or two homeownership projects; Viagran suggested more may apply.

Sources

• Audit Committee 2026-09-02 minutes: https://webapp9.sanantonio.gov/FileNetArchive/{CB1AE589-9F02-4BCF-908C-BDC1F4C1F184}/{CB1AE589-9F02-4BCF-908C-BDC1F4C1F184}.pdf

Log

2026-09-02 - Audit Committee

Pre-solicitation briefing; no action.