Pecos council approves nonbinding MOU for essential‑workers housing, plans 27 units
The Pecos City Council approved a nonbinding memorandum of understanding for Phase 3 of a Community Essential Workers Housing project. The MOU sets a framework for four taxing entities to pursue a roughly $3.5 million, 27‑unit development with a lease‑purchase model and a lottery allocation system.
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The Pecos City Council on March 18 approved a nonbinding memorandum of understanding (MOU) to advance Phase 3 of a Community Essential Workers Housing project, a collaboration among the Town of Pecos, the Pecos Economic Development Corporation (PEDC), the hospital district and Reeves County.
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