Agenda - 04-03-1995 - VIII-D - Laserfiche WebLink

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C.:>37SiCts aZ Lh 7wncm ( 1 p rymena may ant �c for more Than 13,Years for any=L) HUD W-TY ter aaaww or red= Lts X; --- (1) TIN allaw•ance. to the amount . a u :a approved by HUD, .nor With respect to the proyea prea=ir_ary cis of ad mLnauranoa 15 (2) Tic allowance, is the amount approved by HUD. for 1.9 Assistance to Eligible Families Wben Contra=ts the Mr.LLu cases ci admtaastradon uzludwg cows of Are Terminated HUD required mdid at Owners and the HA Wbea the C UW for any umUs) is to--md for Lq (c) (1) A Project Account shall be established and erased. Waving budget authority available tmder this ACC. maitaained for each project under this ACC, in an the assisted bmilyVes)if eligible for continued a_s�or amount as dcm=ned by HUD, out of amoumts by other eUgtble Famaly(ies) if the unigs) is vacaM may which the cotttzxt uabmty for the project eeaeseds cantimae to receive housing assisraaaa for the reminder of amounts paid under the ACC for the project for any the ACC term in accord,aoe with SUD regulatiost by the fiscal year. This account shall be established and use of the Moderate Rehabi itatioa feeding for Rearal =inrataed by HCD as a speaficaliy Weatified and COMAcam x«•a+c segm ted acaouat, To the aaeat funds acs available is dus =:ount Lte maeaamam .mount payable by 1.10 Responsibility for Administration of Contract HUD for nay Fiscal Year may be inasased by an The HA is responsible for a min;==on of the C=ncm. amount. if any, as may be rzgwW for increases subject to review and audit by HL'D. reflected is the estimate of required Aaaua i Co=bution applicable to the Fiscal Year as ap. 1.11 HUD Requirement proved by HUD. (d) HUD will maim on aoao= of each (a) aom with there• and tf the t.&Rousing ing Act Comply. of project upon requisition by the BA in the fotm praaabed 1937 and all HUD regulations and other regtaire hems, by SUD. Each requisition shall include certification by including arty amendments or changes in the law or HUD the HA that beusing asst. =payment: have been or requirtmoentt win be made only: . (1) In a000rda= with tin provisions of the Contract, (b) Tae HA must comply with its KLJD-approved admix and(Z) With is Mve Phan. equal opportunity �g plan and HLD rtspaa to units which the 8A has inspected or approved program dandin;ageliatioos caused to be inspected and detained to be is deceQt► safe and s=guy►Condition within aces yews (c) The HA must use the program hm required by Erm prior to the coaling odbousing assistance pay nscm (e) Fallowing the end of cub Fiscal Yes my amount by Lu Fsdusion of Third Party►Ri�6ts - wkwh the toted paymtu made dmtimg that Fiscal Yeas (sir A Ansily that is digihlo hr hottsiittg assistasKx under this exceed the Aaatd Cantobuaon payable is acmdance ACC is not a pang to at third paW bmeSdaty at the with this soodon will be strbtracteed Atom the new ACC payments made by HUD to the HA. unless other dispo. sition is approved or rapdred by HUD. (b) Nothing in the ACC shall be oottsotnod as cresting any tight of asy third 1�to a0'11 mr pion of this 1.6 Ftatai Yeas ooa'I Midm d ACC,or 4 assttt arty claim against HUD or the BA. Tae Mading exhibit states the last month wad dap of the HA Fiscal yaw. 1.13 ACC 1.7 Periodic Adjustment of Contrset Rents (a) ACC is acmaact between HUD and the HA. The Contract will pmvide for periodic adjustments in the (b) The ACC consists of this Put L, iadudang the handing Contract Rents, in accordance with applicable HM Mgn• exhibit.and Part II(form HUD-52120-C(Suppxl0l79)). latioru, up to the maximum mount authotized for housing These documents are the whole ACC assistance payments in the HUD approved eat=te submitted by the HA. (c) This ACC supersedes any Previous uaasaat conmbuuotu contract for a progtzm Matters rdscng to hiding or 1.3 Expeditious Carrying Out of Project operation of the program under a previous. annual contributions contract art gttveraed by this ACC The HA shall procxd expeditiously to implement the Pro- gram consistent with the rehabilitation and leasing schedule P3ge 2 00 form HUD-S2520-MR (6,931