1. Requesting approval to re-certify the Affordable Homes of South Texas, Inc. (AHSTI) as a Community Housing Development Organization (CHDO) within the County of Hidalgo.

2. Requesting approval to execute the 2012 HOME/CHDO contract for Affordable Homes of South Texas, Inc. (AHSTI)

 The Urban County Program requested proposals from non-profit housing organizations on April 5, 2012 and again on April 12, 2012. A 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 committee had originally decided to award AHSTI a total of $400,000 however there was a delay in contract signing because of the changes to the Final Rule. These changes include a commitment of funds deadline which expires August 2014. In order to ensure commitment in a timely manner, the UCP recommends a reduction in the original amount set-aside for AHSTI. The remaining balance will be re-allocated within the HOME Program. The UCP requests approval to execute the FY 2012 CHDO contract for the following funding amount:

Affordable Homes of South Texas, Inc. (AHSTI) - $375,000 - to build single family homes for low to moderate-income families that are below 80% of the area median income for the Hidalgo County.