SAAA July 2020 Special Edition Residence Magazine | Page 3

Special Edition
IN THIS ISSUE
CONTENTS . . .
7 COVID-19 STATEMENT FROM SAAA
Instructions and links to help during this pandemic
11 SAAA UPDATE ON EVENTS
Listing of postponed or cancelled events
17 RENTAL ASSISTANCE PROGRAM
Information for residents to apply for help
19 APRIL MULTIFAMILY PERFORMANCE
An update from ALN
22 NEW CITY ORDINANCE REQUIREMENT
Notice of Tenant Rights Ordinance
24 MEMBERSHIP DRIVE WINNERS
Thanks to everyone who participated this year
33 PROFESSIONAL DEVELOPMENT
Upcoming education courses from SAAA
San Antonio, TX
General Overview
May
Conventional Properties
Annual Chg
2020
Occupancy 88.9 -1.3%
Unit Change 5,601
36 CARES ACT FLOWCHART
When a resident fails to pay during Covid-19
37 RESOURCES
Resources to combat homelessness
Units Absorbed (Annual) 3,114
Average Size (SF) 848 +0.1%
Asking Rent $1,039 +0.7%
Asking Rent per SF $1.23 +0.6%
Efective Rent $1,013 +0.2%
Efective Rent per SF $1.19 +0.1%
% Ofering Concessions 39% +24.5%
39 VIRTUAL MAINTENANCE MANIA
Information on how to register for this year’s event
www.saaaonline.org | JULY 2020 SPECIAL EDITION 3