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San Angelo DevCorp clarifies $200,000 affordable-housing allocation for Galilee CDC project
Summary
The City of San Angelo Development Corporation voted to confirm that $101,000 for a Galilee CDC multifamily renovation will come from prior-year affordable housing funds and $99,000 from the current-year allocation, finalizing the funding source for the $200,000 the board previously approved.
The City of San Angelo Development Corporation on May 28 voted to confirm the funding sources for a $200,000 contribution to a Galilee Community Development Corporation (Galilee CDC) multifamily housing renovation targeted to adults age 18–30.
The action clarified that $99,000 of the previously approved $200,000 will come from Galilee’s current-year allocation and $101,000 will come from prior-year,…
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