Construction has begun on Four25 San Pedro, a new city-funded low-income housing development north of downtown, according to San Antonio city officials.
Working in partnership with Franklin Development, the San Antonio Housing Trust is developing the 80-unit apartment complex, which is open to residents earning at or below 60% of the current area median income, or $47,800 for a family of three. Twenty-five of the units are designated as permanent supportive housing, or housing reserved for residents who have been homeless for at least a year.
“Four25 San Pedro Apartments demonstrates the city’s commitment to addressing the housing affordability crisis while responding to homelessness by weaving permanent supportive housing units into a single affordable housing project," Mayor Ron Nirenberg said in a statement. Four25 is part of they city's Strategic Housing Implementation Plan , that seeks to create 4,000 affordable homes, including 1,000 PSH units by 2031.San Antonio Metropolitan Ministries, an interfaith nonprofit that specializes in homelessness prevention, will assist the 25 PSH Four25 households by connecting them with physical and mental health services..
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