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Council backs HOME grant to BVCAP to buy and rehab a Midtown house as an affordable rental, 6–1
Summary
Council approved a HOME investment grant to Brazos Valley Community Action Program to acquire and rehab 1015 Toledo Bend Drive as an affordable rental unit; council debated rental vs. down‑payment assistance and approved the agreement 6–1.
The College Station City Council voted 6–1 on Jan. 8 to award HOME funds to Brazos Valley Community Action Program (BVCAP) to acquire and rehabilitate 1015 Toledo Bend Drive as an affordable rental unit.
David Brower of Planning and Development Services described the agreement: HOME funds would support a $285,000 purchase of the three‑bedroom, two‑bath, ~1,700‑square‑foot home in the Midtown Reserve neighborhood, plus a customary developer fee and minor…
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