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Housing Hope HCS-15-42-1213-198(1) 7/25/2016
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Housing Hope HCS-15-42-1213-198(1) 7/25/2016
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Last modified
8/10/2016 11:29:30 AM
Creation date
8/10/2016 11:29:01 AM
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Contracts
Contractor's Name
Housing Hope HCS-15-42-1213-198(1)
Approval Date
7/25/2016
Council Approval Date
4/20/2016
End Date
9/30/2055
Department
Planning
Department Project Manager
Rebecca McCrary
Subject / Project Title
Kennedy Court Low Income Housing Rehab
Tracking Number
0000225
Total Compensation
$573,298.00
Contract Type
Agreement
Contract Subtype
Grant
Retention Period
6 Years Then Destroy
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described in 24 CFR § 92.353(c)(2)(i)(A), moving into the property on or after <br /> the date described in 24 CFR § 92.353(c)(2)(i)(A), and occupying the property <br /> upon completion of HOME assistance; <br /> 6. Records demonstrating that each project meets the lead-based paint <br /> requirements of 24 CFR § 92.355 and of 24 CFR Part 35, subparts A, B, J, K, <br /> M and R; <br /> 7. Records supporting requests for waivers of, and exceptions to, the conflict of <br /> interest prohibitions contained in 24 CFR § 85.36 and 24 CFR § 92.356 and <br /> in Section II-U of this Agreement; <br /> 8. Records demonstrating compliance with the applicable requirements of 24 <br /> CFR Part 58, including but not limited to: <br /> a. Flood insurance requirements; <br /> b. The minimum per-unit subsidy amount of 24 CFR § 92.205(c), the <br /> maximum per-unit subsidy amount of 24 CFR § 92.250(a), and the <br /> subsidy layering guidelines for each Project adopted in accordance with <br /> 24 CFR § 92.250(b), all as required by 24 CFR § 92.508(a)(3)(iii); <br /> c. Income eligibility in accordance with 24 CFR § 92.203, as required by 24 <br /> CFR § 92.508(a)(3)(v); <br /> d. Adequate budget control, in accordance with 24 CFR § 85.20, including <br /> evidence of periodic account reconciliations, as required by 24 CFR <br /> § 92.508(a)(5)(iv); <br /> e. The written agreements required by 24 CFR § 92.504(c)(2)(x), as required <br /> by 24 CFR § 92.508(a)(6)(i); <br /> f. The applicable uniform administrative requirements required by 24 CFR <br /> § 92.504, as required by 24 CFR § 92.508(a)(6)(ii); <br /> g. The affirmative marketing procedures and requirements of 24 CFR <br /> § 92.351, as required by 24 CFR § 92.508(a)(7)(ii)(A); <br /> h. The consultant standards of 24 CFR § 92.358; <br /> i. Debarment and suspension certifications required by 24 CFR Parts 24 <br /> and 91, as required by 24 CFR § 92.508(a)(7)(viii); and <br /> j. Records that demonstrate compliance with insurance requirements in <br /> Section IV-I for the term of this Agreement stated in Section I-G. <br /> Amended HOME Loan Agreement <br /> Housing Hope's Kennedy Court Improvement Project <br /> Page 42 of 53 <br />
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