Introducing The Tampico Apartments!

Introducing The Tampico Apartments! 1

Introducing The Tampico Apartments!

Jessie Degollado with KSAT.com just wrote a fabulous story about the soon-to-be Tampico Apartments.

“SAN ANTONIO – An old warehouse on the near West Side is coming down to make way for Tampico Apartments, which will have 200 mixed-income units.

David Nisivoccia, president and CEO of the San Antonio Housing Authority, said Tampico Apartments is among other public-private partnerships on the near West Side. He said the community hasn’t seen investment in years. “We’re happy to be at the forefront of recognizing the quality of the near West Side and the people here,” Nisivoccia said.”

According to SAHA, the rents for Tampico Apartments will start at $324 at the lower end for nine affordable units and up to $1,550 for market price units.

It’s expected that those at the higher end could attract a new influx of students and professors when the University of Texas at San Antonio downtown campus is expanded.

Former San Antonio mayor Henry Cisneros, who is involved in the project with Mission Development, said he understands the concerns about the rents for new affordable housing and others voiced by the Mi Barrio No Se Vende campaign’s message that their neighborhood isn’t for sale.

He said they’re saying, “‘We want new development. We want new capital. We want new investment. But we don’t want it at the expense of the people who have been here and who can’t afford to pay higher taxes.‘”

Read more here.