1.  Hold a Public Hearing to consider public comments for Urban County Program's (UCP) substantial amendment to its HOME Program's Annual Allocation for Fiscal Year 25 (2012). The proposed amendment will decrease the HOME Programs Fiscal Year 25 (2012) by $367,858. The reduction is due to the U.S. Department of Housing and Urban Development (HUD) approving the County's request for a waiver. The following reflects what was requested and the actual allocation:

Requested HOME Allocation	Amount	Actual HOME Allocation	Amount
Administration	$180,215	Administration	$143,429
Rehab Program	971,936	Rehab Program	640,864
Homebuyer Program	50,000	Homebuyer Program	50,000
CHDO Program	600,000	CHDO Program	600,000
Total	$1,802,151	Total	$1,434,293

                        
2.  Requesting approval of a budget and program substantial amendment for Urban County Program's HOME program   Fiscal Year 25 (2012) Annual Allocation. The proposed amendment will decrease annual allocation by $367,858.

The County of Hidalgo Urban County Program submitted its Consolidated Annual Action Plan to the U.S. Department of Housing and Urban Development in May of 2012. The UCP requested approval of its plan and held a public hearing during the Hidalgo County Commissioner's Court meeting on May 8, 2012. The plan detailed the requested HOME Allocation (listed above). As a result, the UCP is required to comply with its Citizen Participation Plan which entails publication in the local newspaper and a public hearing regarding the decrease in HOME funding. (See attached copy of Public Hearing Notice).