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AI- 976
9.D.
CC REGULAR
Meeting Date:
11/07/2006
Submitted By:
Estella Webber, URBAN COUNTY
Department:
URBAN COUNTY

CAPTION

1.     Requesting approval to certify Rufino Contreras Affordable Housing as a Community Housing Development Organization (CHDO) within the County of Hidalgo.

      2.  Requesting approval to award a $150,000 loan to Rufino Contreras Affordable Housing to
           assist in the construction of Multifamily Rental Units.

BACKGROUND

  The Urban County Program requested proposals from non-profit housing organizations on July 28 and again on August 4, 2006.  A UCP committee evaluated the proposals received and is requesting the approval to certify and award funding to Rufino Contreras Affordable Housing in order to assist in the construction of a Multi Family Rental Units to be built within the City of Edcouch.  The funding for this particular project will be re-allocated as follows:

Fiscal Year

Funding Amount

Line Item

Re-Allocation

2003

$115,000

HOME/CHDO

HOME/Multi Family Rental

2004

$35,000

HOME/Home Buyer Assistance Program

HOME/Multi Family Rental


Fiscal Impact

Attachments

No file(s) attached.

Form Review

Inbox Reviewed By Date
Budget and Management Dina Trevino 11/01/2006 09:17 AM
Purchasing / Internal msalazar 11/01/2006 03:09 PM
Auditor's Office lfong 11/03/2006 10:00 AM
Court Administrator Monica Salinas 11/03/2006 10:33 AM
Form Started By:
ewebber
Started On:
10/31/2006 03:50 PM
Final Approval Date:
11/03/2006