Requesting approval to certify Affordable Homes of South Texas, Inc. (AHSTI) as Community Housing Development Organization (CHDO) and authorize the name change on our existing contracts (FY 2006 and 2007) with Community Development Corporation of South Texas, Inc.  (CDCST, Inc.) to AHSTI.

The Urban County Program currently has two CHDO contracts with the Community Development Corporation of South Texas, Inc, (CDCST, Inc.) for the construction of single-family homes for income eligible families.  CDCST, Inc. was created as a spin-off of McAllen Affordable Housing, Inc. to provide this service throughout Hidalgo County.  The Board of Directors for each of these non-profit organizations recently approved a merger between themselves with the effective date being January 1, 2008.  The UCP is requesting that authoriztion be provided to change the name on our existing contracts to reflect the new CHDO name.