City Charter Charge Would Allow Bonds To Be Spent On Affordable Housing

San Antonio residents will get to vote on a proposed charter change that would allow the city to fund housing projects with bond money. City Council voted on Thursday to add the proposal to the May 1st ballot. The charter presently limits bond dollars to "public works." The proposed amendment would add affordable housing programs as an approved expenditure. The change would enable the city to use bond dollars to buy foreclosed properties for land banking, pay for home rehab projects, or help pay for new construction.


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