08/29/2023 - Laserfiche WebLink

Home Browse Search

J .... ... .. ..... ..... ..... ..... Pre-award Costs for Continuum of Care Planning The Recipient may, at: its own risk, incur preaward costs for :continuum of care: planning: ::awards, after the date of the HUD selection notice :and prior to the effective date. of this Agreement,.if such costs:. a) are consistent with 2 CFR 200.458;.and b) would be allowable. asa post-award cost; and c) do.not exceed 10 percent of the total fluids obligated to this award. The incurrence of pre- award reaward costs in anticipation of an award imposes no obligation on HUD either to make the award, or to increase the amount .of the approved budget, if the award is made for .less than the: amount .. • • •• j anticipated and is inadequate to cover the pre_award- costs incurred. These provisions apply to a11:Recipients:: s If any new projects funded under this Agreement are for project-based rental assistance fora ` term: of :fifteen: (1 S) years, .the funding provided under this Agreemenf is for :the performance: period :. stated-herein only:. Additional funding is subject to the:availability of annual appropriations:..: ::...: 'The budget period and performance period o€renewal. projects funded by: this Agreement will begin imediately at the end: budget period and performance:perio md of.the:grant:being renewed. -Eligible costs incurred between: the end-'of Recipient's budget period and performance period under the grant being renewed andahe dateahis Agreement is-executed by bothp"es maybe -'reimbursed: with Grants Funds from this Agreement. NoGrant. Funds' for renewal projects maybe - drawn down liy Recipient before the end date: of the project's budget period and performance period under.the grant that has been renewed. For any transition project funded under this: Agreement the budget period and performance- period of the transition project(g) will. begin immediately.at the end of the Recipient's final operating c year under-the grant tieing transitioned. Eligible costs, as defined by. the Act. and the Rule: incurred: = between. the end of Recipient's final operating year under the grant -being transitioned and. the :'. execution of this Agreement may be paid with :funds :from the first operating year of this Agreement. ....... .._... ... ...-... ...... .... -.HUD designations of Continuums of Care as High-performing Communities (HPCS) are published: on HUD,goy in the appropriate :Fiscal Years' CoQ Program. Competition Funding Availability.'age. 1Votwithstanding anything to the' contra y..in the Application or thus Agreement,:: Recipient may only use grant funds for HPC Homelessness.PreventionActivities if the Continuum::= that designated the. Recipient to apply: for the grant was designated an HPC for. the applicable fiscal: year.:.: I .. The Recipient must complete the attached "Indirect Cost' Rate Schedule" and return into HUD with this Agreement. The. Recipient must provide HUD with a revised schedule when any, :. char a is:inide to the rat s :inc"luded:iii'theschedle. Te schedule and n r sions:HUD receives . ...... from thei. Recipient will bincorporatedinto and part. gr that each rate included satisfies thealicbiereuirement under 2 CFR part 20.(inc tiding appendices.). This Agreement shall remain in effect until the earlier irf-l) written.agreement by the-parties, 2) by. HUD alone; acting.under the authority. o24 CFR 578.1OZ; 3) upan.expirationof the budget period and performance period for all projects funded under this Agreement-, or 4) upon the. ::expiration of the period of availability_of Grant bunds for:all projects:fixnded under this:Agreement:: wiorw.had Dov epmldnd.�ov: -PN& 3 ..... ..... ... ..... .. {.... . 7] ?