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AI- 71790 Urban County     19. C.    
CC AGENDA REGULAR MTG   
Meeting Date: 08/27/2019  
Submitted For: Olga Lerma Submitted By: Olga Lerma, URBAN COUNTY
Department: URBAN COUNTY  

CAPTION
Requesting approval to re-certify Affordable Homes of South Texas, Inc., a Community Housing Development Organization (CHDO) within the County of Hidalgo and requesting approval to execute the 2019 HOME/CHDO agreement for Affordable Homes of South Texas, Inc.
BACKGROUND
The Urban County Program requested proposals from non-profit housing organizations and a CHDO grading committee evaluated the proposals received.  Among the criteria used in the evaluation process was type of project, project location(s), previous funding, and CHDO budget balance/expenditure ratios.  The UCP requests approval to execute the FY 2019 CHDO agreement for Affordable Homes of South Texas, Inc. as follows:
 
Affordable Homes of South Texas, Inc. – $450,000 – to build single family homes for low to moderate-income families that are below 80% of the area median income for Hidalgo County.

Fiscal Impact
Attachments
Form 1295 CHDO HOME AHSTI
acknowledged for AHSTI
agreement

Form Review
Inbox Reviewed By Date
Budget & Management Veronica Ortiz 08/14/2019 05:08 PM
Final Approval Monica Salinas 08/23/2019 06:13 PM
Form Started By: Olga Lerma Started On: 08/14/2019 04:18 PM
Final Approval Date: 08/23/2019

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