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Front Page » Breaking News » Coral Gables sets up, funds affordable housing account

Coral Gables sets up, funds affordable housing account


Written by on February 12, 2019

The Coral Gables City Commission unanimously established an Affordable Housing Account and transferred $125,000 from the General Fund balance to the account on Tuesday.

Establishing more help for affordable housing in the original Gables Gateway project was approved by the city commission in 2006, including a condition that 15% of the project units be rented as affordable housing based on 30% of the city’s median income for a period of 15 years…To read the full story click here