$1.3 million awarded to San Benito, Brownsville for affordable housing
1 month 2 weeks 5 hours ago
Friday, February 05 2021
Feb 5, 2021
February 05, 2021 11:13 AM
February 05, 2021
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News - Local
By: KRGV staff
KRGV File Photo
More than $1 million has been awarded to San Benito and Brownsville for affordable housing, Congressman Filemon Vela (D-Brownsville) announced Friday.
The San Benito Housing Authority received $750,000 from Home Federal Bank and Federal Home Loan Bank of Dallas. The funds will help support the Palmville Homes project, which consists of 84 multifamily rental units to assist special needs families.
The Community Development Corporation of Brownsville received $600,000 from Rio Grande Valley Multibank and FHLB Dallas. Those funds will go towards constructing 40 multi-family rental units for the Samano project.