Requesting approval to amend two (2) Neighborhood Stabilization Program (NSP) contracts to include two percent (2%) administration costs for the Affordable Homes of South Texas, Inc. (AHSTI) and Proyecto Azteca, certified Community-Based Development Organizations (CBDO’s) within the County of Hidalgo.

The Urban County Program requested and received approval of NSP contracts for both AHSTI and Proyecto Azteca on March 24, 2009. The UCP is requesting approval to allocate two percent (2%) of the total contract amount for each, to be utilized for administration costs for the undertaking of NSP projects.

AHSTI was awarded $1,871,235 to provide homeownership opportunities for families between 51-120% AMI within the County of Hidalgo utilizing NSP funding. The UCP is proposing an increase to the original contract in the amount of $37,424.00 for a grand total of $1,908,659.

Proyecto Azteca was awarded $716,765 to provide homeownership opportunities for families below 50% AMI within the County of Hidalgo utilizing NSP funding. The UCP is proposing an increase to the original contract in the amount of $14,335 for a grant total of $731,100.