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b <br /> Applicant : Indian River County Board of Commissioners 32960 <br /> Project : FL-509 - Ren - Transitional Housing Renewal FLO115B4H090802 <br /> ( i ) If the actual total cost of acquisition , rehabilitation , acquisition and rehabilitation , or new <br /> construction is less than the total cost anticipated in the application ; or <br /> ( ii ) If proposed activities for which funding was approved are not begun within three months or <br /> residents do not begin to occupy the facility within nine months after grant execution . <br /> (2 ) HUD may deobligate the amounts for annual leasing costs , operating costs or supportive <br /> services in any year: <br /> ( i ) If the actual leasing costs , operating costs or supportive services for that year are less than <br /> the total cost anticipated in the application ; or <br /> ( ii ) If the proposed supportive housing operations are not begun within three months after the <br /> units are available for occupancy . <br /> ( 3 ) The grant agreement may set forth in detail other circumstances under which funds may <br /> be deobligated , and other sanctions may be imposed . <br /> (4 ) HUD may : <br /> ( i ) Readvertise the availability of funds that have been deobligated under this section in a <br /> notice of fund availability under § 583 . 200 , or <br /> ( ii ) Award deobligated funds to applications previously submitted in response 'to the most , <br /> recently published notice of fund availability , and in accordance with subpart%C .ofJhis`part_ ' <br /> y � . <br /> FT —ul- <br /> TE OF FLORIDA <br /> AN RIV*,R, COUNTY — <br /> S IS TO CERTIFY THAT THIS IS <br /> ATR UE AND CORRECT COPY OF_ <br /> TI=ME ORdGiWAL'ON F1LE1N THIS : <br /> OFFICE j, <br /> A!JFF EY K . BA TO ;:CLttRK <br /> BY" . F 8 c . D . C . <br /> DATE x " `.11, ' ;/ •� ` - . . <br /> Consolidated Grant Agreement Page 25 03/08/2010 <br />