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San Antonio Rehabs, Add Units to Affordable Rental Property

Barchart·04/30/2025 12:38:16
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A partnership of PROSPERA Housing Community Services, Bexar County, and the City of San Antonio has wrapped up the $55.4 million, 234-unit rehabilitation project involving the merger of two adjacent affordable communities in San Antonio. Funding included $22 million in low-income housing tax credits. The community caters to residents earning between 30 and 80 percent of the area median income, with the majority of homes restricted at 50 percent of AMI.

Dubbed Arbors at West Avenue, the project consisted of renovating the 150-unit West Avenue Apartments and demolishing and rebuilding the 84-unit Arbor Place.

The property, located at 3747 West Ave., is in the Dell View neighborhood, about 6 miles northwest of downtown San Antonio. Floorplans feature one—to four-bedroom layouts ranging between 684 and 1,242 square feet. Amenities include a community center, clubhouse, playground, and swimming pool. Residents may also access services such as education, employment support and afterschool programming.

The community also marked the first rental rehabilitation project to debut with support from the city’s 2022 Series Bonds.

    The post San Antonio Rehabs, Add Units to Affordable Rental Property appeared first on Connect CRE.