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2006-037
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2006-037
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Last modified
8/4/2016 2:37:22 PM
Creation date
9/30/2015 8:12:20 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
02/07/2006
Control Number
2006-037
Agenda Item Number
11.C.1.
Entity Name
Florida Housing Finance Corporation
Subject
HOME Investment Partnerships Program
Supplemental fields
SmeadsoftID
4470
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i <br /> cZ006 — 037 <br /> HOME Investment Partnerships Program <br /> State of Florida <br /> Agreement No . 2005- 102TBRA <br /> By and between the <br /> Florida Housing Finance Corporation <br /> And <br /> Indian River County - Board of County Commissioners/ <br /> The Indian River County Housing Authority <br /> 1 . Grant Aereement <br /> A . This Grant Agreement, hereinafter called "Agreement" is between the Florida Housing Finance <br /> Corporation , hereinafter called the " Corporation " and the Indian River County - Board of County <br /> Commissioners/The Indian River County Housing Authority hereinafter jointly called the <br /> " Grantee " . This Agreement consists of the body and the following attachment, which is incorporated <br /> herein : Attachment A — Scope of Services. <br /> B . Together, they embody the entire Agreement between the Corporation and Grantee with the respect to <br /> this grant program. All prior agreements, representations , statements, negotiations, and understandings <br /> with respect to this program are superseded hereby. <br /> II . Authoritv <br /> A . This Agreement is financed in part through a grant provided to the Corporation by the United States <br /> Department of Housing and Urban Development (HUD) under Title 11 of the National Affordable <br /> Housing Act of 1990, hereinafter called "the Federal Act . " As provided in the Federal Act, the State of <br /> Florida, through the Corporation has elected to administer the federal program of HOME Investment <br /> Partnerships Program, hereinafter called " HOME . " <br /> B . The Corporation , in accordance with provisions of Section 420 . 5089 . Fla. Stat . , hereinafter called "the <br /> State Act, " has entered into this Agreement with the Grantee and allotted funds for the purpose of <br /> supporting the Grantee's HOME Program. <br /> C . In the event of changes in any applicable Federal regulations and/or law, this Agreement shall be <br /> deemed to be amended when required to comply with any law so amended . <br /> III . Description of Activities <br /> Grantee agrees to perform the work specified in the Attachment A and in compliance with the requirements of 24 <br /> CFR Part 92 and all State and Corporation Tenant Based Rental Assistance program requirements and policies . <br /> IV. Period of Performance & Commitment <br /> A . The period of performance for all activities assisted by this Agreement shall commence on the contract <br /> date of Fe,bru42006, hereinafter called the " Commencement Date, " and shall be complete on <br /> a. ;:6 , 008, hereinafter called the " Completion Date, " except those activities required for <br /> closeout . <br /> B . All FFY 2005 funds must be committed to projects according to the HOME Rule by <br /> July 1 , 2008, hereinafter called the " Commitment Date . " <br /> C . The Corporation and the Grantee may renew the terms of this Agreement for a period of one year upon <br /> written mutual agreement by both parties . <br /> Florida Housing Finance Corporation Page 1 (Rev . 09/05) <br />
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