San Angelo celebrated the grand opening of Roosevelt Lofts, a 25-unit affordable housing property serving residents 55 years and older. Roosevelt Lofts, located at 50 North Chadbourne Street, is a 2023 9% Housing Tax Credit recipient, receiving $998,280 in tax credits and worth an approximate value of $8.4 million over the 10-year term. The income-restricted property sits in what was the Roosevelt Hotel.

Constructed in 1929, the Roosevelt Hotel (opened as the Rainbow Hotel) was designed by John G. Becker and is two blocks from the historic San Angelo City Hall.*

If you are interested in making Roosevelt Lofts your home, please contact the management office at (325) 242-9800. If you would like to search for affordable housing in your area, please visit TDHCA's Help for Texans at https://www.tdhca.texas.gov/help-for-texans and use our Vacancy Clearinghouse to search for properties around the state.

*Per the Texas Historical Commission.