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City recommends $1.9 million gap funding award for single‑family affordable housing project; committee approves moving award to council
Summary
Neighborhood and Housing Services recommended up to $1.9 million in HOME/CDBG gap funding for one single‑family affordable housing development; the audit committee voted to forward the funding award to city council for consideration on May 29.
Veronica Garcia, director of the Neighborhood and Housing Services Department, briefed the Audit Committee on May 13 about a post‑solicitation recommendation to award gap funding to a single‑family affordable housing development.
Garcia said the solicitation sought projects creating homeownership opportunities for households at 80% of area median income (AMI) or below; in San Antonio she said a family of three at 80% AMI makes less than $64,000. The solicitation made up to $5,000,000 in federal HOME and CDBG funds available; the evaluation committee recommended one proposal for an award of up to $1,900,000. Garcia said five responses were received, two were incomplete and several proposals were disqualified because of prohibited campaign contributions by board members or treasurers; after scoring the recommended respondent received 84.67 points out of 100.
Garcia said 349 vendors were notified of the solicitation, seven attended the presubmittal conference and finance and audit conducted normal due diligence. She said funds not awarded through this solicitation would be made available through a subsequent RFP already released.
When asked how many units the recommended project would deliver, Garcia said the award would support 28 units and that the average sales price for the homes in this project is expected to be less than $200,000.
A motion to approve forwarding the funding award to city council for consideration on May 29 was moved and seconded; committee members voiced approval and the motion carried by voice vote. The meeting record does not show a roll‑call tally for the vote.
Garcia said the evaluation used scoring criteria previously approved by council including development experience, requested gap amount, timeline for delivery, services to homebuyers and affordability; small business/local preference points were waived because federal funding was used. The committee voted to advance the recommendation to council for a funding decision.
