Laserfiche WebLink
..... <br />Pre-aivard Costs .for Continuum of Care Planning <br />::The Recipient may, at its own risk; incur pre -award costs for .continuum of -care planniiig <br />awards, after the date of the HUD selection notice and prior.to the effective date of this Agreement, if <br />such costs:. a) are consistent: with 2 CFR 200.45.8;.and b) would be :allowable. as:a post=award cost;. <br />and c) do not exceed 10 percent:of the total funds obligated to this award. The incurrence: of pre <br />award costs in anticipation of an award imposes no obligation on HUD either to marethe award, or ..= <br />to increase the amount of the approved budgefi; if the award is made for:less=than the amount. <br />anticipated and is inadequate to cover the pre -award costs incurred. <br />Theseovisions apply to allRecipients:• <br />In. <br />..... .... .... <br />If any new projects funded under this Agreement are for project -based rental assistance fora <br />ier- Ma of -fifteen: (15) yeairs;.the funding provided under.this Agreement is for:the performance: period :.:. <br />:. <br />stated herein only. Additional funding is subject to the:availa-ility of annual appropriations.:.:.: <br />:. <br />::The budget period:and performance.period of. renewal. projects funded by this: Agreement will <br />Begin immediately at the end: of the budget period: and performance, period of the: grant :being <br />renewed: Eligible costs incurred between: the end of Recipient's budget period and performance <br />:. <br />= period under, the grant*being renewed andahe dateahis Agreement is -executed -by both poi -ties maybe <br />reimbursed with Grants Funds from this Agreement. No Grant.Funds for renewal projects maybe - <br />-� drawn.down byRecipient_before the end date. of the project's budget period and performance period <br />under the grant that has been renewed. <br />•: • : = For any transition project funded under this: Agreement the budget period and performance.: : <br />period of the transition project(s) will. begin immediately.at the end of the Recipient's final operating <br />year under -the grant -being transitioned_ -Eligible costs, as defined by. the Act: and the Rule: incurred:: <br />between the end of-Recipienes final operating yearunder the grant being transitioned and the <br />' execution of this Agreement may be paid with funds :from the first operating year of this Agreement <br />.HUD designations of Continuums of Care as High -performing Communities (HPCS) are <br />published: on. HUD.gov in the. appropriate: Fiscal Years' CoQ Program. Competition Funding :--. <br />Availability.page.Notwithstanding anything toahecontrary in the Application or this Agreement,.:.: <br />Recipient may only use grant funds for HPC Homelessness. Prevention:Activities if the Continuum::- <br />that designated the. Recipientto: apply for: the grant was designated an HPC for the applicable fiscal:: _ <br />:.: year- - a.:. <br />......: :..:; :. .... <br />'Me Recipient must complete the attached "Indirect CostRate Schedule" and - return it to <br />HM with this Agreement. The. Recipient must provide=HUD with a revised schedule when any , <br />change is made to the rate(s) included in the schedule. The schedule and any revisions: HUD receives <br />:. <br />from the Recipient will be incorporated into and made part of this Agreement, -provided that each rate <br />included satisfies the applicable requirements under 2 CFR part 200. (including appendices). <br />This Agreement shall remain in effect -until the earlier off written a eenient b the parties;.:: ) Y <br />2) by HUD alone; acting.under the authorityn. <br />. of 24 CFR:578.107;:3) upoexpiration of the budget <br />period and performance period for all projects funded under this Agreement; or 4) upon the <br />iration of the period of availability: of Grant Funds forall projects' rider this' <br />Agreement, <br />.... ... .... <br />..... <br />wnyw.O!MJO w :: espanoLhud gov :: ; .. Pm03 <br />.. .. .. <br />