Statement from Opportunity Home Acting President and CEO Michael Reyes
To further protect our residents moving forward, Opportunity Home will propose to the Board of Commissions an update to the resident repayment agreement policy to limit arrear balances to no more than three months of household rent. This action aims to prevent households from falling into financial debt and to safeguard the financial integrity of the organization. The proposed revisions will be presented for consideration at the Operations and Real Estate Committee Board meeting on July 25.
Once approved, these policy changes will be reflected in the Admissions and Continued Occupancy Policy (ACOP), the organization’s principal document detailing its policies for our public housing residents.
Furthermore, I would like to take this opportunity to thank Ed Hinojosa, Jr. on behalf of Opportunity Home for his more than 20 years of dedicated service to the organization. He was a great mentor to many and served with much compassion. His time with the organization led to a renewed focus on protecting income-based housing, on the families we serve and moving us toward being a trauma informed organization. We are grateful for his commitment to our mission and values and those we serve at Opportunity Home San Antonio.