Multifamily Development Project Details- Prospera Housing Community Services
Project Description: Prospera Housing Community Services (PHCS) is proposing to utilize $500,000 in HOME funds to construct a multi-family development, Village at Nogalitos, located at 111 & 125 Ames Avenue (fka 3727 Nogalitos St.), San Antonio, 78211. The project will include new construction of 78 affordable units of which 22 are one-bedroom, one bath units, 48 two-bedroom, two bath units, and 8 three-bedroom, two bath units. The purpose of the project is to provide affordable housing opportunities for low-income households. The unit mix includes five ADA compliant, two for visually and hearing impaired, and two elevators. Units will include energy efficient appliances. The building will utilize Energy Star TPO roof with radiant barrier roof. All units will be subject to income eligibility less than 60% AMI. The total project estimated cost is $19.4 million dollars, which includes the following HOME Federal Funding:
HOME Program Year 2020: $500,000