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14-Reservation system participant to the Texas Dept of Housing
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14-Reservation system participant to the Texas Dept of Housing
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8/22/2012 2:31:20 PM
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11/19/2010 5:59:40 PM
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CITY CLERK
Doc Name
14
Doc Type
Agenda
CITY CLERK - Date
11/22/2010
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E. By election of RSP in the approved Application, RSP shall participate in the <br />Reservation System to serve Households under the following selected Reservation System set- <br />asides as HOME Funds for each respective set-aside are available: <br />~ Homeowner Rehabilitation Assistance ("HRA") Set-Aside #1001273 <br />(10 TAC §§53.30-32) <br />❑ Homeowner Rehabilitation with Refinance Assistance ("HRA") Set-Aside <br />#INiA] (lo Tac §§s3.3o-32) <br />r;J Homebuyer Assistance ("HBA") Set-Aside #1001288 (10 TAC §§53.40-42) <br />❑ Contract for Deed Conversion ("CFDC") Set-Aside #[N/AI <br />(10 TAC §§53.50-52) <br />❑ Tenant-Based Rental Assistance ("TBRA") Set-Aside #[N/AI <br />(10 TAC §§53.60-62) <br />❑ Single-Family Programs for Persons with Disabilities ("PWD") Set-Aside <br />including the following activities: <br />❑ HBA #[N/AI (10 TAC §§53.40-42) <br />❑ TBRA #[N/AI (10 TAC §§53.60-62) <br />❑ Disaster Relief Set-Aside including the following activities: <br />❑ HBA #[N/AI (10 TAC §§53.40-42) <br />❑ TBRA #(N/A] (10 TAC §§53.60-62) <br />❑ HRA #[N/AI (10 TAC §§5330-32) <br />Section 2.3 Administration <br />A. For completed Activities, RSP may receive reimbursement for reasonable <br />administrative and planning costs directly related to this Contract and the Program Requirements <br />in an amount that is not more than four percent (4%) of the total amount of Project funds <br />reimbursed to RSP, subject to the provisions of this agreement, for eligible costs under this <br />Contract less any soft costs actually reimbursed or for which may be reimbursed and not <br />including the amount of any Match provided. For TBRA activities, funds available for <br />reimbursement of such costs shall be limited to eight percent (8%) of the total amount of Project <br />funds reimbursed to RSP, subject to the provisions of this agreement, for eligible costs under this <br />Contract not including the amount of any Match provided. For TBRA, if Match funds are <br />provided in accordance with section 2.4(a)(iii) of this Contract, an additional one percent (1%) of <br />the total Project funds can be reimbursed for administrative costs. <br />B. RSP shall be allowed to draw up to ten percent (10%) of the actual allowable <br />administrative costs (including pre-award costs) incurred at the initial stage of the Contract, with <br />the remaining ninety percent (90%) funded on a pro-rata basis, based on Project funds <br />disbursements and in accordance with the Program Requirements. For TBRA activities, RSP <br />shall be allowed to draw up to twenty-five percent (25%) of the actual allowable administrative <br />3 of 25 zoio-oois <br />68 <br />
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