Sunday, December 10, 2023
The Property Reporter
  • Home
  • News
    Wetherspoon pubs and other bars you can buy in Merseyside right now

    Wetherspoon pubs and other bars you can buy in Merseyside right now

    Morrisons and M&S broke land use laws to block rival supermarket stores, CMA rules | News

    Morrisons and M&S broke land use laws to block rival supermarket stores, CMA rules | News

    Can repurposing really be the solution to the housing crisis?

    Can repurposing really be the solution to the housing crisis?

    Barrow property market: five most expensive homes available

    Barrow property market: five most expensive homes available

    Aviva Investors secures two tenants for Soho office refurb | News

    Aviva Investors secures two tenants for Soho office refurb | News

    Panattoni to build 25,000 sqm industrial park in Kraków

    Panattoni to build 25,000 sqm industrial park in Kraków

    Port Melbourne unit fetches $2.34 million

    Port Melbourne unit fetches $2.34 million

    McLaren and Arlington selected as developers for York Central regen scheme | News

    McLaren and Arlington selected as developers for York Central regen scheme | News

    PSN to renovate shopping centre in Pardubice

    PSN to renovate shopping centre in Pardubice

  • Retail
    Investors could net over 7pc returns from shopping mall deals

    Investors could net over 7pc returns from shopping mall deals

    More US commercial property owners to tap securities market in 2024 -Moody’s

    More US commercial property owners to tap securities market in 2024 -Moody’s

    Old Greenwich business owners worry about possible building sale

    Old Greenwich business owners worry about possible building sale

    Startup hBits offers Rs 28 crore-commercial property in Mumbai to HNIs for fractional ownership

    Startup hBits offers Rs 28 crore-commercial property in Mumbai to HNIs for fractional ownership

    Waiting for Rates to Thaw, Debate Over Locked-Up Goods, New Leadership

    Waiting for Rates to Thaw, Debate Over Locked-Up Goods, New Leadership

    DRA fetches $31M as Philips Edison, Sperry pounce on Chicagoland retail selloff

    DRA fetches $31M as Philips Edison, Sperry pounce on Chicagoland retail selloff

    LVMH Signs Deal to Sell Majority of Cruise Retail Business

    LVMH Signs Deal to Sell Majority of Cruise Retail Business

    Newly Developed Munster Property Now Managed by Latitude Commercial

    Newly Developed Munster Property Now Managed by Latitude Commercial

    North America – Retail & Leisure International

    North America – Retail & Leisure International

  • Residential
    Federal government foreign buyer taxes and BTR concessions will do little by themselves to boost rental stock, experts say

    Federal government foreign buyer taxes and BTR concessions will do little by themselves to boost rental stock, experts say

    State of residential property 2023

    State of residential property 2023

    Higher foreign investment fees for housing

    Higher foreign investment fees for housing

    A Brooklyn co-op and the future of affordable housing

    A Brooklyn co-op and the future of affordable housing

    Housing market in northern Taiwan stays stable in November

    Housing market in northern Taiwan stays stable in November

    Malaysia’s OSK Teams with Gurner-Qualitas JV for Melbourne BTR

    Malaysia’s OSK Teams with Gurner-Qualitas JV for Melbourne BTR

    East Side Victorian Hits the Market at $2.3 Million

    East Side Victorian Hits the Market at $2.3 Million

    These 3 States Could See Housing Market Crash Next Year

    These 3 States Could See Housing Market Crash Next Year

    Public meeting to discuss changing zoning bylaw – simcoe.com

    Public meeting to discuss changing zoning bylaw – simcoe.com

  • Office
    Huntington office property trades for $2.86M – Long Island Business News

    Huntington office property trades for $2.86M – Long Island Business News

    Barclays, Argentic Refi Fort Lauderdale Office Property With $55M Loan

    Barclays, Argentic Refi Fort Lauderdale Office Property With $55M Loan

    Velocis, Lincoln Property Sell Nashville Office Asset for $75M

    Velocis, Lincoln Property Sell Nashville Office Asset for $75M

    2024 Commercial Real Estate Trends

    2024 Commercial Real Estate Trends

    Why residential conversions can’t save commercial real estate

    Why residential conversions can’t save commercial real estate

    Block-Sized Pasadena Office Property To Be Sold At Foreclosure Auction

    Block-Sized Pasadena Office Property To Be Sold At Foreclosure Auction

    Best Buy seeks lower property tax as Richfield offices sit half vacant

    Best Buy seeks lower property tax as Richfield offices sit half vacant

    Hamburg Port Authority Agrees To Buy Office Building for €157 Million – CoStar Group

    Hamburg Port Authority Agrees To Buy Office Building for €157 Million – CoStar Group

    KBS REIT Sells Chicago Office Building for Less Than Half What It Paid in 2017

    KBS REIT Sells Chicago Office Building for Less Than Half What It Paid in 2017

  • Industrial
    D-FW warehouses snapped up by investor Blackstone

    D-FW warehouses snapped up by investor Blackstone

    7 Best REIT ETFs to Buy Right Now | Investing

    7 Best REIT ETFs to Buy Right Now | Investing

    New commercial real estate firm closes 175,000 SF of transactions

    New commercial real estate firm closes 175,000 SF of transactions

    Basis Industrial Pays $82M for Fort Worth Industrial Properties

    Basis Industrial Pays $82M for Fort Worth Industrial Properties

    Panattoni JV Breaks Ground on Seattle Project

    Panattoni JV Breaks Ground on Seattle Project

    Mexico: Bridging National Industrial Design Protection with International Practices

    Mexico: Bridging National Industrial Design Protection with International Practices

    Blackstone To Refinance 109-Property Industrial Portfolio With New CMBS Loan

    Blackstone To Refinance 109-Property Industrial Portfolio With New CMBS Loan

    Bridgeport Industrial Property Sells For $1,850,000

    Bridgeport Industrial Property Sells For $1,850,000

    Clearbell sells five assets from Polaris industrial portfolio | News

    Clearbell sells five assets from Polaris industrial portfolio | News

  • Hotel
    Indian Hotels Company To Invest In Two Subsidiaries

    Indian Hotels Company To Invest In Two Subsidiaries

    Lopesan to invest €61 million building first new hotel in Maspalomas since 2009 –

    Lopesan to invest €61 million building first new hotel in Maspalomas since 2009 –

    Choice Hotels International, Inc. (NYSE:CHH) Increases Dividend to $0.29 Per Share

    Choice Hotels International, Inc. (NYSE:CHH) Increases Dividend to $0.29 Per Share

    Tudor Investment Corp Et Al Purchases 70,596 Shares of Choice Hotels International, Inc. (NYSE:CHH)

    Tudor Investment Corp Et Al Purchases 70,596 Shares of Choice Hotels International, Inc. (NYSE:CHH)

    The Secret Perks of Investing in Travel, From Hotel Upgrades to Cruise Credits

    The Secret Perks of Investing in Travel, From Hotel Upgrades to Cruise Credits

    2023 Investment Guide • Benzinga

    2023 Investment Guide • Benzinga

    Libyan Airports Authority discusses joint investment with Malta’s Corinthia Group

    Libyan Airports Authority discusses joint investment with Malta’s Corinthia Group

    Should Lodging Stock Hyatt Hotels Corporation (H) Be in Your Portfolio Friday?

    Should Lodging Stock Hyatt Hotels Corporation (H) Be in Your Portfolio Friday?

    Saudi wealth fund buys 49% stake in luxury hotel chain Rocco Forte

    Saudi wealth fund buys 49% stake in luxury hotel chain Rocco Forte

  • Buying a Home
    Buying your ‘forever home’? Read this first

    Buying your ‘forever home’? Read this first

    Buying a Home in 2024? Here’s Why You’re Not Doomed

    Buying a Home in 2024? Here’s Why You’re Not Doomed

    Program helps essential workers with buying a home | News

    Program helps essential workers with buying a home | News

    Here’s the right way to lend or gift money to help your loved one buy a home

    Here’s the right way to lend or gift money to help your loved one buy a home

    Buying a house for the 1st time? Here are a few tips for a smooth deal

    Buying a house for the 1st time? Here are a few tips for a smooth deal

    How much do B.C.’s first-time buyers spend in comparison to repeat buyers?

    How much do B.C.’s first-time buyers spend in comparison to repeat buyers?

    6 things to consider before buying a second home – Marin Independent Journal

    6 things to consider before buying a second home – Marin Independent Journal

    People buying a home in the next few years should absolutely open an FHSA in 2023, but where to do it?

    People buying a home in the next few years should absolutely open an FHSA in 2023, but where to do it?

    Should I Make A Cash Offer On A House?

    Should I Make A Cash Offer On A House?

  • Selling a Home
    When Will Home Prices Be Affordable Again? – Forbes Advisor

    When Will Home Prices Be Affordable Again? – Forbes Advisor

    Selling Your Home During the Holidays: A Festive Guide to Success

    Selling Your Home During the Holidays: A Festive Guide to Success

    Staging Your Home to Sell

    Staging Your Home to Sell

    10 Best Selling Cat 7's for 2023 – The Jerusalem Post

    10 Best Selling Cat 7's for 2023 – The Jerusalem Post

    Greg Norman’s Ex-Wife Sells Palm Beach Home

    Greg Norman’s Ex-Wife Sells Palm Beach Home

    How much does it cost to stage a house, and is it worth it?

    How much does it cost to stage a house, and is it worth it?

    Thief allegedly caught red-handed selling stove stolen from Roseville home, sheriff says

    Thief allegedly caught red-handed selling stove stolen from Roseville home, sheriff says

    10 Best Selling Shower Curtain Sets for 2023

    10 Best Selling Shower Curtain Sets for 2023

    Vista Buildings, Home to Healthcare Manufacturer, Sell for Nearly $30M

    Vista Buildings, Home to Healthcare Manufacturer, Sell for Nearly $30M

No Result
View All Result
  • Home
  • News
    Wetherspoon pubs and other bars you can buy in Merseyside right now

    Wetherspoon pubs and other bars you can buy in Merseyside right now

    Morrisons and M&S broke land use laws to block rival supermarket stores, CMA rules | News

    Morrisons and M&S broke land use laws to block rival supermarket stores, CMA rules | News

    Can repurposing really be the solution to the housing crisis?

    Can repurposing really be the solution to the housing crisis?

    Barrow property market: five most expensive homes available

    Barrow property market: five most expensive homes available

    Aviva Investors secures two tenants for Soho office refurb | News

    Aviva Investors secures two tenants for Soho office refurb | News

    Panattoni to build 25,000 sqm industrial park in Kraków

    Panattoni to build 25,000 sqm industrial park in Kraków

    Port Melbourne unit fetches $2.34 million

    Port Melbourne unit fetches $2.34 million

    McLaren and Arlington selected as developers for York Central regen scheme | News

    McLaren and Arlington selected as developers for York Central regen scheme | News

    PSN to renovate shopping centre in Pardubice

    PSN to renovate shopping centre in Pardubice

  • Retail
    Investors could net over 7pc returns from shopping mall deals

    Investors could net over 7pc returns from shopping mall deals

    More US commercial property owners to tap securities market in 2024 -Moody’s

    More US commercial property owners to tap securities market in 2024 -Moody’s

    Old Greenwich business owners worry about possible building sale

    Old Greenwich business owners worry about possible building sale

    Startup hBits offers Rs 28 crore-commercial property in Mumbai to HNIs for fractional ownership

    Startup hBits offers Rs 28 crore-commercial property in Mumbai to HNIs for fractional ownership

    Waiting for Rates to Thaw, Debate Over Locked-Up Goods, New Leadership

    Waiting for Rates to Thaw, Debate Over Locked-Up Goods, New Leadership

    DRA fetches $31M as Philips Edison, Sperry pounce on Chicagoland retail selloff

    DRA fetches $31M as Philips Edison, Sperry pounce on Chicagoland retail selloff

    LVMH Signs Deal to Sell Majority of Cruise Retail Business

    LVMH Signs Deal to Sell Majority of Cruise Retail Business

    Newly Developed Munster Property Now Managed by Latitude Commercial

    Newly Developed Munster Property Now Managed by Latitude Commercial

    North America – Retail & Leisure International

    North America – Retail & Leisure International

  • Residential
    Federal government foreign buyer taxes and BTR concessions will do little by themselves to boost rental stock, experts say

    Federal government foreign buyer taxes and BTR concessions will do little by themselves to boost rental stock, experts say

    State of residential property 2023

    State of residential property 2023

    Higher foreign investment fees for housing

    Higher foreign investment fees for housing

    A Brooklyn co-op and the future of affordable housing

    A Brooklyn co-op and the future of affordable housing

    Housing market in northern Taiwan stays stable in November

    Housing market in northern Taiwan stays stable in November

    Malaysia’s OSK Teams with Gurner-Qualitas JV for Melbourne BTR

    Malaysia’s OSK Teams with Gurner-Qualitas JV for Melbourne BTR

    East Side Victorian Hits the Market at $2.3 Million

    East Side Victorian Hits the Market at $2.3 Million

    These 3 States Could See Housing Market Crash Next Year

    These 3 States Could See Housing Market Crash Next Year

    Public meeting to discuss changing zoning bylaw – simcoe.com

    Public meeting to discuss changing zoning bylaw – simcoe.com

  • Office
    Huntington office property trades for $2.86M – Long Island Business News

    Huntington office property trades for $2.86M – Long Island Business News

    Barclays, Argentic Refi Fort Lauderdale Office Property With $55M Loan

    Barclays, Argentic Refi Fort Lauderdale Office Property With $55M Loan

    Velocis, Lincoln Property Sell Nashville Office Asset for $75M

    Velocis, Lincoln Property Sell Nashville Office Asset for $75M

    2024 Commercial Real Estate Trends

    2024 Commercial Real Estate Trends

    Why residential conversions can’t save commercial real estate

    Why residential conversions can’t save commercial real estate

    Block-Sized Pasadena Office Property To Be Sold At Foreclosure Auction

    Block-Sized Pasadena Office Property To Be Sold At Foreclosure Auction

    Best Buy seeks lower property tax as Richfield offices sit half vacant

    Best Buy seeks lower property tax as Richfield offices sit half vacant

    Hamburg Port Authority Agrees To Buy Office Building for €157 Million – CoStar Group

    Hamburg Port Authority Agrees To Buy Office Building for €157 Million – CoStar Group

    KBS REIT Sells Chicago Office Building for Less Than Half What It Paid in 2017

    KBS REIT Sells Chicago Office Building for Less Than Half What It Paid in 2017

  • Industrial
    D-FW warehouses snapped up by investor Blackstone

    D-FW warehouses snapped up by investor Blackstone

    7 Best REIT ETFs to Buy Right Now | Investing

    7 Best REIT ETFs to Buy Right Now | Investing

    New commercial real estate firm closes 175,000 SF of transactions

    New commercial real estate firm closes 175,000 SF of transactions

    Basis Industrial Pays $82M for Fort Worth Industrial Properties

    Basis Industrial Pays $82M for Fort Worth Industrial Properties

    Panattoni JV Breaks Ground on Seattle Project

    Panattoni JV Breaks Ground on Seattle Project

    Mexico: Bridging National Industrial Design Protection with International Practices

    Mexico: Bridging National Industrial Design Protection with International Practices

    Blackstone To Refinance 109-Property Industrial Portfolio With New CMBS Loan

    Blackstone To Refinance 109-Property Industrial Portfolio With New CMBS Loan

    Bridgeport Industrial Property Sells For $1,850,000

    Bridgeport Industrial Property Sells For $1,850,000

    Clearbell sells five assets from Polaris industrial portfolio | News

    Clearbell sells five assets from Polaris industrial portfolio | News

  • Hotel
    Indian Hotels Company To Invest In Two Subsidiaries

    Indian Hotels Company To Invest In Two Subsidiaries

    Lopesan to invest €61 million building first new hotel in Maspalomas since 2009 –

    Lopesan to invest €61 million building first new hotel in Maspalomas since 2009 –

    Choice Hotels International, Inc. (NYSE:CHH) Increases Dividend to $0.29 Per Share

    Choice Hotels International, Inc. (NYSE:CHH) Increases Dividend to $0.29 Per Share

    Tudor Investment Corp Et Al Purchases 70,596 Shares of Choice Hotels International, Inc. (NYSE:CHH)

    Tudor Investment Corp Et Al Purchases 70,596 Shares of Choice Hotels International, Inc. (NYSE:CHH)

    The Secret Perks of Investing in Travel, From Hotel Upgrades to Cruise Credits

    The Secret Perks of Investing in Travel, From Hotel Upgrades to Cruise Credits

    2023 Investment Guide • Benzinga

    2023 Investment Guide • Benzinga

    Libyan Airports Authority discusses joint investment with Malta’s Corinthia Group

    Libyan Airports Authority discusses joint investment with Malta’s Corinthia Group

    Should Lodging Stock Hyatt Hotels Corporation (H) Be in Your Portfolio Friday?

    Should Lodging Stock Hyatt Hotels Corporation (H) Be in Your Portfolio Friday?

    Saudi wealth fund buys 49% stake in luxury hotel chain Rocco Forte

    Saudi wealth fund buys 49% stake in luxury hotel chain Rocco Forte

  • Buying a Home
    Buying your ‘forever home’? Read this first

    Buying your ‘forever home’? Read this first

    Buying a Home in 2024? Here’s Why You’re Not Doomed

    Buying a Home in 2024? Here’s Why You’re Not Doomed

    Program helps essential workers with buying a home | News

    Program helps essential workers with buying a home | News

    Here’s the right way to lend or gift money to help your loved one buy a home

    Here’s the right way to lend or gift money to help your loved one buy a home

    Buying a house for the 1st time? Here are a few tips for a smooth deal

    Buying a house for the 1st time? Here are a few tips for a smooth deal

    How much do B.C.’s first-time buyers spend in comparison to repeat buyers?

    How much do B.C.’s first-time buyers spend in comparison to repeat buyers?

    6 things to consider before buying a second home – Marin Independent Journal

    6 things to consider before buying a second home – Marin Independent Journal

    People buying a home in the next few years should absolutely open an FHSA in 2023, but where to do it?

    People buying a home in the next few years should absolutely open an FHSA in 2023, but where to do it?

    Should I Make A Cash Offer On A House?

    Should I Make A Cash Offer On A House?

  • Selling a Home
    When Will Home Prices Be Affordable Again? – Forbes Advisor

    When Will Home Prices Be Affordable Again? – Forbes Advisor

    Selling Your Home During the Holidays: A Festive Guide to Success

    Selling Your Home During the Holidays: A Festive Guide to Success

    Staging Your Home to Sell

    Staging Your Home to Sell

    10 Best Selling Cat 7's for 2023 – The Jerusalem Post

    10 Best Selling Cat 7's for 2023 – The Jerusalem Post

    Greg Norman’s Ex-Wife Sells Palm Beach Home

    Greg Norman’s Ex-Wife Sells Palm Beach Home

    How much does it cost to stage a house, and is it worth it?

    How much does it cost to stage a house, and is it worth it?

    Thief allegedly caught red-handed selling stove stolen from Roseville home, sheriff says

    Thief allegedly caught red-handed selling stove stolen from Roseville home, sheriff says

    10 Best Selling Shower Curtain Sets for 2023

    10 Best Selling Shower Curtain Sets for 2023

    Vista Buildings, Home to Healthcare Manufacturer, Sell for Nearly $30M

    Vista Buildings, Home to Healthcare Manufacturer, Sell for Nearly $30M

No Result
View All Result
The Property Reporter
No Result
View All Result
Home Residential

San Antonians say mental health, housing, and infrastructure among best ways to spend pandemic relief money

PrR by PrR
2021-12-10
in Residential
0
San Antonians say mental health, housing, and infrastructure among best ways to spend pandemic relief money
21
SHARES
160
VIEWS
Share on FacebookShare on Twitter


SAN ANTONIO – As the San Antonio City Council decides how to spend the remaining $199.4 million of unallocated money from the American Rescue Plan Act, community members have made their wishes known.

In a Thursday presentation to council members, city staff showed the results of the various surveys, town hall meetings, and meetings with the Small Business Advocacy Commission from the previous months. Housing, infrastructure, and economic development topped community members’ priorities for immediate spending, while they said mental health, housing, and quality child care were among their preferred long-term investments.

The SBAC listed priorities like access to capital, like grants or loans; capacity building through job training and financial literacy; and supporting the arts and tourism.

The city was allocated $326.9 million in ARPA dollars, of which it has received half already. It expects to get the other half in May 2022.

Ad

The city is allowed to use the money for a variety purposes, including: making up for budget short falls; paying for the public health response to the pandemic; premium pay for essential workers; and water, sewer, and broadband infrastructure work.

The city has already set aside $97.5 million to help plug budget holes from revenue loss over three fiscal years. Council also set aside $30 million to help people behind on their power and water bills.

On Thursday, city staff recommended setting aside $35 million for the city’s COVID-19 response, $35.95 million for “immediate” community needs, and $128.45 million for “impactful investments.”

POSSIBLE BONUS FOR CITY WORKERS

City staff put forward two possibilities for “premium pay” for city workers, for which several council members had asked.

Ad

Depending on their annual income, the first plan would pay employees up to a $3,000 bonus if they worked on-site during the 12 months between March 2020 and March 2021.

That plan would cost $10 million and cover 5,920 eligible employees.

City Manager Erik Walsh, though, had staff run a second plan that would cover all employees — 11,760 of them — and pay up to $2,000, depending on their hire date and annual income. That plan would cost $14.3 million.

“But from my perspective, I think we ought to be treating everybody the same from an employee standpoint,” Walsh said.

While not all of the city employees would meet the ARPA guidelines for premium pay, which is meant for people who had to work in-person during the pandemic, city staff say they could justify it through the category of “revenue replacement.”

Some council members asked for a third option that would still cover all 11,760 employees but provide a relatively higher bonus for the 5,920 who had to come into work.

Ad

City staff noted that none of the other large Texas cities had chosen so far to use ARPA money for bonuses.

NEXT STEPS

City council still needs to approve the overall framework for spending the money. That’s expected to happen in a Feb. 3 vote after city council makes adjustments based on Thursday’s discussion.

After that, the council members will help determine what programs the ARPA money will fund through various subcommittees.

Copyright 2021 by KSAT – All rights reserved.



Source link

Previous Post

A California investor has grabbed a Carrollton office building

Next Post

Thousands in Oregon face eviction as lawmakers scramble

Next Post
Thousands in Oregon face eviction as lawmakers scramble

Thousands in Oregon face eviction as lawmakers scramble

RECOMMENDED

Huntington office property trades for $2.86M – Long Island Business News

Huntington office property trades for $2.86M – Long Island Business News

2023-12-10
Wetherspoon pubs and other bars you can buy in Merseyside right now

Wetherspoon pubs and other bars you can buy in Merseyside right now

2023-12-10

MOST VIEWED

  • Fox Lake hopes to bring hotel to Mineola lakefront site; ‘Recognizing our unique position on the Chain O’ Lakes is a key driver for our progress’ – Chicago Tribune

    Fox Lake hopes to bring hotel to Mineola lakefront site; ‘Recognizing our unique position on the Chain O’ Lakes is a key driver for our progress’ – Chicago Tribune

    758 shares
    Share 303 Tweet 190
  • Doubling Down With the Derricos’ Deon boasts about ‘buying up blocks’ & promotes real estate business after foreclosure

    194 shares
    Share 78 Tweet 49
  • Historic home on 32-acre site annexed into Elgin for new industrial development free to anyone who wants to move it

    157 shares
    Share 63 Tweet 39
  • Plas Glynllifon’s new owner speaks for first time on difficult challenge to renovate mansion

    120 shares
    Share 48 Tweet 30
  • Atlanta developer plans downtown Dallas towers

    94 shares
    Share 38 Tweet 24

Recent Posts

  • Huntington office property trades for $2.86M – Long Island Business News
  • Wetherspoon pubs and other bars you can buy in Merseyside right now
  • Indian Hotels Company To Invest In Two Subsidiaries
  • Federal government foreign buyer taxes and BTR concessions will do little by themselves to boost rental stock, experts say
  • D-FW warehouses snapped up by investor Blackstone

CATEGORY

  • Buying a Home
  • Hotel
  • Industrial
  • News
  • Office
  • Residential
  • Retail
  • Selling a Home
  • Privacy & Policy
  • About Us
  • Contact Us
  • Advertise with us

© 2021 Copyright Property Reporter

No Result
View All Result
  • Home
  • News
  • Retail
  • Residential
  • Office
  • Industrial
  • Hotel
  • Buying a Home
  • Selling a Home

© 2021 Copyright Property Reporter