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AI- 54826
Urban County   13.J.
CC - REGULAR
Meeting Date:
06/07/2016
Submitted For:
Olga Lerma
Submitted By:
Olga Lerma, URBAN COUNTY
Department:
URBAN COUNTY

Information

CAPTION

 Request approval to increase the 2014 HOME Community Housing Development Organization (CHDO) Program agreement between Hidalgo County Urban County Program and Proyecto Azteca by $75,000 and approve the addendum (Right of Exercise) with Proyecto Azteca

BACKGROUND

 The Urban County Program requested the transfer of funds from the FY 2014 HOME Owner Occupied Rehabilitation Program to the HOME Community Housing Development Organization line item in the amount of $75,000. The UCP is requesting that the FY 2014 CHDO agreement between the UCP and Proyecto Azteca is increased by $75,000. These funds will be utilized for the new construction of single family homes for families already approved and waiting for assistance, thus ensuring commitment of funds in a timely manner.

                                 Current Open Contract                                                              Amended Contract 
Fiscal Year Amount Fiscal Year Amount
2014  $400,000 2014   $475,000



Fiscal Impact

Attachments

Form Review

Inbox Reviewed By Date
Budget and Management Veronica Ortiz 05/31/2016 01:32 PM
Final Approval Monica Salinas 06/03/2016 05:59 PM
Form Started By:
olerma
Started On:
05/27/2016 04:30 PM
Final Approval Date:
06/03/2016