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Small affordable‑housing contractors tell Audit Committee delayed city reimbursements threaten operations
3289692 · May 13, 2025
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Summary
A contractor serving San Antonio affordable‑housing programs told the Audit Committee reimbursements have been delayed up to eight months, straining cash flow and raising concern that payment delays could reduce service quality for eligible residents.
Betsy Spencer, chief of operations at Holds Adams Consultant LLC, told the San Antonio Audit Committee on May 13 that her firm and other small contractors that provide construction and services for the city’s affordable‑housing programs have experienced reimbursement delays of up to eight months.
Spe…
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