City of San Luis Obispo City Council Agenda Packet February 2026
CDBG Allocation Shift Enables SLONP Apartment Financing
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Description
The City Council approved staff's recommendation to allow prior-year CDBG funding (totaling $173,943) to support the Monterey Family Apartments by San Luis Obispo Nonprofit Housing Corporation, facilitating project closing and leveraging tax credit awards.
Contract Details
Contract Amount
$0 (original recommendation $173,943)
Vendor
SAN LUIS OBISPO NONPROFIT HOUSING CORPORATION
Agency
City of San Luis Obispo, CA
Contract Type
CONSTRUCTION
Document Date
February 17, 2026
Renewal Info
One-time capital grant; future CDBG allocations may be pursued via new application.
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