Interfaith Association of Northwest WA 11/17/2022

City of Everett 2022 2060 Agreement B. The Project The Grant is provided to the Grantee for the undertaking and performance of the Project. The Grant may be amended from time to time in any manner described elsewhere in this 2060 HTF Agreement,so long as the same remains consistent with and operations of the Homeless Family Shelter operated by the Grantee,as now or hereafter amended. C. Project Budget $63,000 Salaries&benefits $0 Operations $63000 Tata I D. Public Information In all news releases and other public notices related to the Project funded under this 2060 HTF Agreement,the Grantee shall include information identifying the source of funds as the City of Everett 2060 Housing Trust Fund. E. Resident Population of the Project The shelter shall be operated as a family shelter available exclusively to occupants whose gross annual household income (at the time of initial occupancy) is not more than fifty percent(50%)of the annual median income for the Seattle-Bellevue-Everett metropolitan statistical area, adjusted for household size, as estimated from time to time by the U.S. Department of Housing & Urban Development(HUD). If at any future time HUD ceases issuing said median household estimates, the income under this Agreement shall be as determined by the City. Further, the Grantee shall verify the income of tenants of Assisted Units only in accordance with methods prescribed by or agreed to by the City. II. TERM OF AGREEMENT Services of the Subgrantee shall start on the 1st day of July, 2022 and end on the 30th day of June, 2023. The term of this Agreement and the provisions herein shall be extended to cover any additional time period during which the Subgrantee remains in control of 2060 funds or other assets. The City may, at its discretion, extend the term of this Agreement to allow for the expenditure of unexpended funds.This Agreement may be terminated by the City prior to its expiration date. 2