Laserfiche WebLink
$TATE OF FLORIDA <br /> INDIAN RIVER COUNTY <br /> THIS IS TO CERTIFY THAT THIS IS A TRUE AND CORRECT <br /> COFYOFTHEORIIIGINALYKOBARILEI THIS OFFICE <br /> EXHIBIT 2 61 /a oc <br /> Wise <br /> TENANT -BASED RENTAL ASSISTANCE (TRA) <br /> 1 . The Recipient is Indian River County Board of Commissioners . <br /> 2 . HUD agrees , subject to the terms of the Agreement, to provide the Grant Funds in the <br /> amount specified below for the approved project(s) described in the Application . HUD ' s <br /> total funding obligation is $ 117 , 000 for 13 units of tenant-based rental assistance . <br /> nts <br /> ot be <br /> 3 . The tenn of this Grant Agreement shall one <br /> recaptured by HUD at the end tlae grantnperiod . <br /> extended and unobligated balances w be p <br /> 4 . Recipient shall receive aggregate amounts of Grant Funds not to exceed the appropriate <br /> existing housing fair market rental value under Sec . S (C) ( I ) of the United States Housing Act <br /> of 1937 in effect at the time the Application was approved. This fair market rent may be <br /> higher or lower than the fair market rent in effect at the time of application submission . <br /> 5 . The effective date of the Agreement shall be the expiration of the prior grant that is being <br /> ewals of grants whose terms have not been extended) . <br /> renewed (applicable only to ren <br /> Page 19 <br /> AAwnv .hud. gov espanol .hud. gov <br />