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SA Warehouse Repurposed to Sr. Housing
A San Antonio partnership made up of two senior housing non-profits has received approval from a local planning agency to pursue converting an old brick warehouse into a 48-unit affordable housing project for seniors.
The American Agape Foundation and Partners in Community Development received initial design approval Wednesday for its apartment project at 421 N. Medina St. The Lofts at Grocer will offer one-bedroom floorplans for 42 of the units, while the other six will have two bedrooms. The project also includes almost 21,000 square feet of office space and more than 2,000 square feet of community space in the basement.
The San Antonio Business Journal reports the developers are planning to apply for the Texas Department of Housing and Community Affairs’ 9% low-income housing tax credits to partially fund the development. The partnership still has a number of agency reviews to wade through before it can break ground.
- ◦Development