6100019864 Affordable Single-Family Housing Development Gap Funding

The City of San Antonio is allocating up to $2.5 million in HOME and CDBG funds to bridge financing gaps for developers constructing or rehabilitating affordable single‑family homes that will be sold to households earning ≤ 80 % of the area median income. Applicants must already control a site and have conditional financing in place for the remainder of project costs. Proposals are submitted through the SAePS portal after vendor registration, with a pre‑submittal conference optional for clarification. A formal Q&A period ends September 17, and full proposals are due October 20, 2026. A multidisciplinary city committee will evaluate submissions. • Target recipients: nonprofit and for‑profit developers with site control and conditional financing. • Funding purpose: gap financing for new construction or rehab of affordable single‑family homes (≤ 80 % AMI). • Total city pool: $2.5 M; individual award amounts depend on project scope and competing proposals. • Mandatory requirements: SAePS vendor registration, site control, conditional financing, compliance with affordability criteria. • Evaluation: city‑wide committee of senior officials from housing, planning, public works, and related departments.