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McAllen Partners with Affordable Homes of South Texas, Inc. for Small Business Loans

The City of McAllen, partnered with Affordable Homes of South Texas, Inc. (AHSTI) to provide loans to small businesses in McAllen affected by the COVID-19 global pandemic. The City of McAllen Community Development Block Grant (CDBG) CV-Program, in collaboration with AHSTI, doing business as Business Relief RGV, will provide loans up to $25,000 at zero percent interest, for businesses in McAllen with less than 50 employees. “Small business is the lifeblood of any city’s financial success, especially here in McAllen with so many innovative entrepreneurs who have helped to create the economic landscape of the community, providing jobs, and unique services ...

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