On Thursday, officials with the City of El Paso’s Department of Community and Human Development announced funding availability for the development of affordable rental housing of investor and non-profit-owned properties.
The Department’s Housing Programs Division is offering Gap Financing up to $1 million per development for the rehabilitation, construction, or reconstruction of affordable rental housing.
Officials add that the purpose of this program is to increase and maintain the supply of affordable rental housing stock available to very low to moderate-income families.
Program guidelines and applications are available online. Deadline for Applications is July 18, 2019 by 5:00 p.m.
For more information, please call (915) 212-0139 or visit the Department of Community and Human Development Housing Division located at the City 3 building – 801 Texas Avenue, 3rd Floor.
Mandatory Funding Workshop:
April 18, 2019 from 9:00 a.m.-12:00 p.m.
CITY 3 – 801 Texas Ave. – Thorman Basement Conference Room
An RSVP is required for attendance by April 17, 2019 5:00 p.m.
Please call 212-0139 to RSVP