{"id":422464,"date":"2025-12-03T19:39:14","date_gmt":"2025-12-03T19:39:14","guid":{"rendered":"https:\/\/www.europesays.com\/us\/422464\/"},"modified":"2025-12-03T19:39:14","modified_gmt":"2025-12-03T19:39:14","slug":"redevelopment-project-will-turn-downtown-hotel-into-newest-affordable-complex","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/422464\/","title":{"rendered":"Redevelopment project will turn downtown hotel into newest affordable complex"},"content":{"rendered":"<p>Sign up for\u00a0<a href=\"https:\/\/support.tpr.org\/a\/tpr-newsletter-signup?_gl=1*1qdmxfl*_ga*MjI5ODI0MTQ5LjE2NDUxMjA0MTM.*_ga_0B2CYK6231*czE3NjI1NTQ2ODUkbzM0NDMkZzEkdDE3NjI1NTQ2OTIkajUzJGwwJGgw\" class=\"Link\" target=\"_blank\" rel=\"noopener\">TPR Today<\/a>, Texas Public Radio&#8217;s newsletter that brings our top stories to your inbox each morning.<\/p>\n<p>The San Antonio Housing Trust (SAHT) approved a redevelopment project this week that will expand affordable housing options in downtown San Antonio.<\/p>\n<p>Developer Good Homes will convert The Whitney hotel property on 435 Bonham St. into a 220-unit affordable residential community.<\/p>\n<p>The project will set aside five units for residents who make 40% of the Area Median Income (AMI), 35 units at 50% AMI, and 71 units at 80% AMI. The remainder will be listed at market price.<\/p>\n<p><a href=\"https:\/\/www.sa.gov\/Directory\/Departments\/NHSD\/Housing-Support\/AMI\" class=\"Link\" target=\"_blank\" rel=\"noopener\">AMI<\/a> is calculated on household size and annual income and is used federally and locally to ensure reasonably priced housing.<\/p>\n<p>This latest investment will bring in a 93% community benefit ratio over the next decade.<\/p>\n<p>\u201cThe approval of the Whitney is a strategic investment in expanding workforce housing within walking distance of the Alamo, Hemisfair, and potential new Spurs arena,\u201d said District 1 councilwoman Sukh Kaur in a news release.<\/p>\n<p>The Whitney property was originally built in 1996 and was last renovated in 2004.<\/p>\n","protected":false},"excerpt":{"rendered":"Sign up for\u00a0TPR Today, Texas Public Radio&#8217;s newsletter that brings our top stories to your inbox each morning.&hellip;\n","protected":false},"author":3,"featured_media":422465,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5133],"tags":[5229,7202,7203,358,3187,67,586,132,5230,68,2969],"class_list":{"0":"post-422464","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-san-antonio","8":"tag-america","9":"tag-san-antonio","10":"tag-sanantonio","11":"tag-texas","12":"tag-tx","13":"tag-united-states","14":"tag-united-states-of-america","15":"tag-unitedstates","16":"tag-unitedstatesofamerica","17":"tag-us","18":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115657334225800654","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/422464","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=422464"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/422464\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/422465"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=422464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=422464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=422464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}