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2008-117B
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2008-117B
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Last modified
3/29/2016 1:58:18 PM
Creation date
10/1/2015 12:05:49 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
04/15/2008
Control Number
2008-117B
Agenda Item Number
8.G.
Entity Name
Department of Housing and Urban Development
Subject
Renewal Grant Agreement
2007 Supportive Housing Program
Project Number
FL29B709003
Supplemental fields
SmeadsoftID
6966
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HUD's total fund obligation for this project is $ 51, 712, allocated as <br /> follows : <br /> HMIS $ 51 , 712 <br /> The Recipient must provide a 25 percent cash match for supportive <br /> services. <br /> The Recipient agrees to comply with all requirements of this Grant <br /> Agreement and to accept responsibility for such compliance by any entities to <br /> which it makes grant funds available . <br /> The Recipient agrees to participate in a local Homeless Management <br /> Information System ( HMIS) when implemented . <br /> The Recipient and project sponsor, if any, will not knowingly allow illegal <br /> activities in any unit assisted with grant funds . <br /> HUD notifications to the Recipient shall be to the address of the Recipient <br /> as written above, unless HUD is otherwise advised in writing . Recipient <br /> notifications to HUD shall be to the HUD Field Office executing the Grant <br /> Agreement. No right, benefit, or advantage of the Recipient hereunder be <br /> assigned without prior written approval of HUD . <br /> For any project funded by this grant, which is also financed through the <br /> use of the Low Income Housing Tax Credit, the following applies : <br /> HUD recognizes that the Recipient or the project sponsor will or has <br /> financed this project through the use of the Low-Income Housing <br /> Tax Credit. The Recipient or project sponsor shall be the general <br /> partner of a limited partnership formed for that purpose . If grant <br /> funds were used for acquisition, rehabilitation or construction , then, <br /> throughout a period of twenty years from the date of initial <br /> occupancy or the initial service provision , the Recipient or project <br /> sponsor shall continue as general partner and shall ensure that the <br /> project is operated in accordance with the requirements of this <br /> Grant Agreement, the applicable regulations and statutes . Further, <br /> the said limited partnership shall own the project site throughout <br /> that twenty-year period . If grant funds were not used for <br /> acquisition , rehabilitation or new construction , then the period shall <br /> not be twenty years, but shall be for the term of the grant <br /> agreement and any renewal thereof. Failure to comply with the <br /> terms of this paragraph shall constitute a default under the Grant <br /> Agreement. <br />
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