SAHA, homeowners agree to settle in Mirasol case
“We are thankful to have come to a mutually beneficial agreement and put an end to this four-year legal case,” says SAHA Chairman Ramiro Cavazos, following a special meeting of the board. “This settlement allows us to focus on moving forward and rebuilding the community.” In 2001, the contractors received $18 million to build 247 single-family homes in the Mirasol neighborhoods for low-income, first-time homeowners. However, a group of homeowners began reporting problems with the homes. In 2007, SAHA filed the lawsuit and was eventually joined by 66 Mirasol homeowners in the lawsuit. SAHA and the homeowners sought to recover damages and to receive funds that could be used to begin rebuilding Mirasol homes.

SAHA, homeowners agree to settle in Mirasol case

The San Antonio Housing Authority board of commissioners voted Monday to accept a $20 million settlement in the long-standing lawsuit against Magi Realty Inc. , KB Home , Heery International  and subcontractors.

“We are thankful to have come to a mutually beneficial agreement and put an end to this four-year legal case,” says SAHA Chairman Ramiro Cavazos, following a special meeting of the board. “This settlement allows us to focus on moving forward and rebuilding the community.”

In 2001, the contractors received $18 million to build 247 single-family homes in the Mirasol neighborhoods for low-income, first-time homeowners. However, a group of homeowners began reporting problems with the homes. In 2007, SAHA filed the lawsuit and was eventually joined by 66 Mirasol homeowners in the lawsuit. SAHA and the homeowners sought to recover damages and to receive funds that could be used to begin rebuilding Mirasol homes.

“Over the next few weeks, we will finalize the formal settlement agreement and soon thereafter, SAHA will begin the process of revitalizing the communities located at five subdivisions in the Westside of San Antonio,” says SAHA President and CEO Lourdes Castro Ramírez. “We are exploring planning and redevelopment options for the use of the settlement funds, and we will seek the input of a broad range of community stakeholders in a dialogue about how to most effectively improve the neighborhoods and enhance the quality of life in the Mirasol community.”

SAHA provides housing, education, job training, child care, medical assistance and case management services to low-income residents.

Read more: SAHA, homeowners agree to settle in Mirasol case | San Antonio Business Journal
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