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AI- 94244
Urban County   16.D.
CC REGULAR AGENDA SPECIAL MTG
Meeting Date:
02/20/2024
Submitted For:
Michelle Garza
Submitted By:
Michelle Garza
Department:
URBAN COUNTY

CAPTION

Requesting approval of Amendment to the 2022 HOME Community Housing Development Organization (CHDO) Program Agreement between Hidalgo County Urban County Program and Affordable Homes of South Texas, Inc., (AHSTI). The proposed amendment will increase the 2022 Agreement by utilizing available FY 2021 and FY 2022 funds in the amount of $300,000. 
 

BACKGROUND

The 2022 agreement granted AHSTI $200,000.00 in HOME funds for the new construction of three (3) to four (4) single family home units.  The amendment will increase the 2022 Contract Agreement to $500,000 which will allow for the new construction of four (4) to five (5) additional single family home units.

 

Available Funding

FY 2021                                  $100,000.00

FY 2022                                  $200,000.00          

Total                                       $300,000.00        


Fiscal Impact

Attachments

Form Review

Inbox Reviewed By Date
Budget and Management Veronica Ortiz 02/13/2024 02:05 PM
Final Approval Margaret Mungia 02/16/2024 04:51 PM
Form Started By:
Michelle Garza
Started On:
02/13/2024 09:39 AM
Final Approval Date:
02/16/2024