Setting aside money to fund affordable housing was an easy decision for City Council at their July 25 meeting, but deciding who gets to spend it was harder.

Council approved revisions to the city’s housing trust fund guidelines on Tuesday that included establishing a new dedicated fund of about $15 million a year to build and/or retain existing affordable housing units. The money would be available to nonprofit housing organizations but the council split over giving staff the authority to release the money without Council approval.

Read More: http://smdp.com/council-approves-new-loan-source-for-affordable-housing/161908