The tenants of the cityowned Escobedo Apartments are forming a committee to explore future affordable housing options for the property, said Pam Wilson, an Escobedo resident.
The 101-unit complex is owned by the city and provides affordable rents to low-income residents. But residents are worried since the city announced it’s looking at selling the land because of budget constraints.
At that meeting, City Manager Chris Brady said that in three years, the city will no longer have the money to pay for the operating expenses. Some 30 residents attended a tenants meeting Tuesday to learn more about the city’s plan.
Afterward, a few arranged to meet with Housing Our Communities, a private nonprofit that wants to buy the property and build a mixed-income project there. Residents said they plan to tell the city what they would like done with the property.