09/12/2023 - Laserfiche WebLink

Home Browse Search

..... Pre-auirard Costs =for Continuum of dare Planning t.. The Reci ient_ma y at its own risk; incur re-award costs for .continuum of-care. lanni :.:.: P y� P _.. p g:.::. :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: as:a post: award cost;... h: and c) do not exceed'10 percent:of the total funds obligated to this award. The incurrence: of pre-.. F: award 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..:. anticipated and is inadequate to cover the pre: award: costs incurred. These provisions apply to allRecipients:: ... .... ..... E: Ifany new projects funded under: this Agreement are .for project-based rental assistance fora: :. term: of fifteen: (15) years;.the funding provided under.this Agreement is for :the performance: period :.:. . stated. herein only. Additional funding is subject to the:availability of annual appropriations::..:..: :The budget period: and performance. period of. renewal.projects funded by this: Agreement will. I begin immediately. at- the end: of the budget period and performance. period of the:grant :being s: renewed. Eligible costs incurred between: the end' of Recipient's budget period. and performance: period under the grant being renewed and the dateahis Agreement is executed by both parties may reimburse' with Grants Funds from this Agreement. No Grant for renewal projects may be drawn down by 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.: k period of the transition prcject(s) will-begin immediately at the end of the Recipient's finalmoperating year under-the grant being transitioned.. -Eligible costs, as defined by the Act- and the Rule: incurred:: - between the end of Recipient's final operating yearunder 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 HLTD.gov in the. appropriate: Fiscal Years' CoC Pro .. gram. Competition Funding Availability.page.Notwithstanding anything toahecontrary in the Application or this Agreement,.:.: :..:. Recipient may only use grant funds for HPC Homelessness-Preventioii:Activities if the Continuum::: :: # that designated the- Recipient to: apply for: the grant:was designated an HPC for the applicable fiscal: a year. . :.... .... ......: ....... ...... _ ..... ...... The Recipient must complete the attached "Indirect CostRate Schedule" and return it io k HUD with.this Agreement: The, Recipient must provide=HUD with a,revised schedule when any . ::. change is made to the rate(s) me.luded:in the schedule. The*:schedule and any:ievisions:HLTD receives from the; Recipient will be incorporated into and made part of this Agreement, -provided that each rate .included satisfies the applicable requirements udder 2 CFR part 200. (including appendices). ..M 'This Agreement shall remain in effect-until the earlier of•I) written agreement by the, parties, 2) by HUD alone, acting.under the authority. of 24 CFR:578.107; 3) upon.expiration of the budget period and performance period for- all projects: funded .under this Agreement; or 4) upon the ex � iration of the periodof availabili of Grant Funds for:all ro'ects'f inded under this A ement: ....: p p . tY: P J .... - . •Sre � • i " .. ... :: W0.4 W4PV espairoLhud.gov _. . !44 i.