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EXHIBIT 2 <br /> TENANT-BASED RENTAL ASSISTANCE (TRA) <br /> 1 . 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 $131 ,100 for 19 units of tenant-based rental assistance. <br /> 2 . The term of this Grant Agreement shall be one ( 1 ) year. One-year renewal grants cannot <br /> be extended and unobligated balances will be recaptured by HUD at the end of the grant <br /> period. <br /> 3 . Recipient shall receive aggregate amounts of Grant Funds not to exceed the appropriate <br /> existing housing fair market rental value under Sec . 8(c)( 1 ) of the United States Housing <br /> Act of 1937 in effect at the time the Application was approved. This fair market rent may <br /> be higher or lower than the fair market rent in effect at the time of application <br /> submission. <br /> 4. HUD and the Recipient entered into (insert the number) grant agreements that are herein <br /> being consolidated into one grant with the renewal grant. The grants numbers and <br /> amount of funds being transferred into this Agreement are : <br /> Grant Number $ <br /> Grant Number $ <br />