2022 Affordable Housing Bond

San Antonio voters approved the 2022 - 2027 Bond Program totaling $1.2 billion on May 7, 2022. The Affordable Housing Bond allows the City of San Antonio to use $150 million for housing. The funds will create and improve affordable housing in five funding categories. Approved funding will help develop safe, quality, and affordable housing near jobs, transit, schools and services.

Active Projects List(PDF, 649KB)

Funding Categories

The Housing Bond Committee created Affordable Housing Bond categories. They were presented to City Council on Jan. 12, 2022 with a set of housing bond project parameters. City Council approved the categories and project parameters on Feb. 10, 2022.

The five Affordable Housing Bond categories are guided by the Strategic Housing Implementation Plan (SHIP). SHIP is a 10-year plan aiming to meet the housing needs of San Antonio residents. City Council adopted the SHIP on Dec. 16, 2021.
 

A woman in a wheelchair with a house and a wrench.

Helping Homeowners Fix Their Homes
$45 Million for Homeownership
Rehabilitation and Preservation

Two buildings next to each other.

Improving Rental Homes
$40 Million for Rental Housing
Acquisition, Rehabilitation and
Preservation

A person in the building with a crane next to it.

Building Affordable Rental Homes
$35 Million for Rental Housing
Production and Acquisition

A hand holding two houses with two small hearts on the side.

Connecting Unhoused Neighbors to
Housing with Resources

$25 Million for Permanent Supportive
Housing

A family and dog in front of a house.

Building Homes to Own
$5 Million for Homeownership Production

 

 

Eligibility

Homeowners who make 80% of the Area Median Income (AMI) or less per year can apply for funds to repair their home. The Homeowner Rehabilitation Program provides eligibility requirements. Affordable Housing Bond funds for home repair focus on families who make 50% AMI or less.

Affordable Housing Bond funds focus on rental housing for people living at 30% and 50% AMI.

New homes built for sale through the Affordable Housing Bond must earn 80% AMI or lower.
 

Area Median Income (AMI)

AMI is the midpoint of an area's income. AMI levels are calculated by the Department of Housing and Urban Development (HUD). HUD refers to Median Family Income (MFI) based on a four-person household. The City of San Antonio uses AMI as a tool to determine housing affordability. AMI levels are updated every year. Projects awarded Affordable Housing Bond funds focus on lower AMI levels.

2023

Percentage 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
 30% $18,450 $21,100 $23,750  $26,350  $28,500 $30,600  $32,700 $34,800
 50% $30,750 $35,150 $39,550 $43,900 $47,450 $50,950 $54,450 $57,950
 60% $36,900 $42,180 $47,460 $52,680 $56,940 $61,140 $65,340 $69,540
 80% $49,150 $56,200 $63,200 $70,200 $75,850 $81,450 $87,050 $92,700
 120% $73,750 $84,300 $94,800 $105,350 $113,800 $122,200 $130,650 $139,100

*AMI limits are updated annually by the Department of Housing and Urban Development (HUD).

2022 Housing Bond Solicitation Process

The Citizens Housing Bond Committee created Affordable Housing Bond categories and parameters. Subject matter experts and community representatives selected the bond projects. Housing Bond projects were selected through a competitive process. They chose the projects based on their priorities. Priorities included affordability, accessibility, sustainability, public health and connectivity. 

Information about contract opportunities and Housing Bond solicitations can be found on the City's Procurement website.

Committee & Commission Resources