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DevCorp reports one affordable-housing property caught up; board takes no foreclosure action
3604504 · May 29, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
Staff reported May 28 that one previously discussed affordable-housing property is current on payments and the other remains in arrears but is not yet scheduled for foreclosure; the board took no action and directed staff to continue monitoring.
City staff told the City of San Angelo Development Corporation on May 28 that one formerly delinquent affordable-housing program property that had been under discussion is now current and a second remains behind but is working with its bank.
Brandon…
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