3/23/09
Jorrell Rodriguez
San Marcos city leaders are hoping a new grant program will persuade more Texas State University professors to invest in a home in San Marcos. The city council has set aside 50-thousand dollars for the program and will award 10 eligible professors, five-thousand dollars each in forgivable loans to secure a single-family residence in San Marcos. City leaders hope this program will stimulate residential development, increase property tax revenue and retain university salary dollars in the city.
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