Monterey Family Apartments Receives Prior-Year CDBG Funds via County
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Description
No new 2026-27 CDBG funds were allocated to San Luis Obispo Nonprofit Housing Corporation for the Monterey Family Apartments. Instead, the project will receive $173,943 in prior-year CDBG funds via the County as part of a funding exchange arrangement.
Contract Details
Contract Amount
$0.00 (2026-27 CDBG); $173,943 (prior-year funds via County)*
Vendor
SAN LUIS OBISPO NONPROFIT HOUSING CORPORATION
Agency
City of San Luis Obispo, CA
Contract Type
OTHER
Document Date
February 15, 2026
Contract Term
2026-27 (exchange arrangement)
Renewal Date
2027-06-30
Renewal Info
Funding swap with County; prior-year CDBG funds allow project closing by March 2026-27 to meet tax-credit deadline.
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