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made following the protocol established in the Agency's Community <br /> Housing Improvement Program (CHIP) Operating Procedures Manual. <br /> IV. FISCAL MANAGEMENT <br /> A. Eligible Costs <br /> Disbursements shall be made to the Agency under this Agreement only for <br /> certain "eligible project costs," as that term is defined in 24 CFR § 92.206, <br /> and, if approved by the County, for certain "pre-award costs" pursuant to 24 <br /> CFR § 92.212. In no event, however, shall disbursement be made to the <br /> Agency for costs not included in the Project Budget attached as Exhibit C to <br /> this Agreement. <br /> No expenditure of HOME funds shall be made for "prohibited activities," as <br /> that term is defined in 24 CFR § 92.214. <br /> B. Payment and Disbursements <br /> The Agency may not request disbursement of funds under this Agreement <br /> until the funds are needed for the payment of eligible Project costs. The <br /> amount of each request shall be limited to the amount needed. Program <br /> Income (as that term is defined in Section IV-F-1 of Exhibit A hereof) must be <br /> disbursed before the Agency requests funds from the County. <br /> Disbursements by the County pursuant to this Agreement shall be on a <br /> reimbursement basis, covering Project obligations incurred by the Agency. <br /> These funds shall be managed through the County's HOME Investment Trust <br /> Fund account (the "HOME Investment Fund") utilizing the Integrated <br /> Disbursement and Information System ("IDIS") described in 24 CFR § 92.502, <br /> in the following manner: <br /> 1. The Agency's Project staff shall prepare and submit to the County within <br /> the time required by 24 CFR § 92.502(b) a Homeowner Rehab Set-Up <br /> and Completion Form (attached hereto as Exhibit D and incorporated <br /> herein by this reference) and a Homeowner Rehab Activity Commitment <br /> Certification (attached hereto as Exhibit E and incorporated herein by this <br /> reference) with all documentation needed to complete activity set-up for <br /> each individual approved HOME-assisted rehabilitation loan activity. <br /> 2. The Agency's Project staff shall prepare a Request for <br /> Reimbursement/Actual Expenditure Report (attached hereto as Exhibit F <br /> and incorporated herein by this reference), together with a Report of <br /> Actual Expenditures (attached hereto as Exhibit G and incorporated <br /> herein by this reference), supported by copies of vouchers, invoices, <br /> Exhibit A <br /> HCS-16-42-1601-198 <br /> City of Everett <br /> Page 14 of 23 <br />