As a small, nonprofit housing development company serving the colonias in the Rio Grande Valley of Texas, Proyecto Azteca serves the poorest of the poor. Safe, affordable housing is practically nonexistent in the colonias. To accomplish this goal, the family provides 100 percent sweat equity to build the house with assistance from one of Proyecto Azteca's staff trainers. Working in groups of 6-12 families, homebuyers learn construction and management skills. Many families go on to use their new skills to supplement their income with construction jobs.
Participants also receive homeownership counseling.
Staff explain the mechanics of the housing process, including the construction phase, taxes, appraisals, and closing documents. Another way Proyecto Azteca reduces the cost of development is by working with a local architect. The architect volunteered to create a set of plans for a modest home that is attractive, up to code, and cost effective. The resulting home is 816-square feet. To date, houses have been developed without bank mortgages.