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0 3i <br />.1.6 Actual Contributions <br />(a) Uotwithstooding any other provisions of this ACC (other than paragraph (c) <br />of this Section) or any provisions of any other contract between ® and <br />the PBA, ND shall not be obligated to make any Annual Contributions or <br />MY Other parent With respect to any fiscal Tear in excess of the Suisun <br />Annual Contribution Contract Coamitment for each project specified in <br />lzhibit 1. ■owever, this amount shall be reduced comaensurately with any <br />reduction is the number of Contract Units or changes to omit sizes or <br />pursuant to any other provielon of this ACC or the Contracts. <br />(b) Subject to the maximum dollar limitation in paragraph (a) of this Section, <br />1XLTD shall psy for each fiscal Year an Actual Contribution to the ftA in <br />respect to each Project it an amount egwl to the sues of the following <br />(subject to reduction by the amount of any Project lacelpts other than. <br />Annual Contributions (such as interest incare) which Saceipts shall be <br />available for Project Expenditures): <br />(1) The amount of housing assistance payments payable during each Final <br />Tear (see Section 1.5) by the NA pursuant to the Contracts, as <br />authorized is Section 1.2. <br />(2) The allowance, in the amount approved by EM, for preliminary costs <br />of administration. <br />(3) The allowance, in the amount approved by MM, for the regular costs <br />of edsinistration including costs of IUD required audits of Owners <br />and the FHA. <br />(c) To assure that housing assistance parents will be increased on a tisely <br />basis to cover increases in Contract Bents or decreases In Gross FaaLly <br />Contributions: <br />(1) A Project Account shall be established and maintained for each <br />Project under this ACC, in sm Mount as determined by ■M consistent <br />with its responsibilities ruder Section 6(c)(6) of the Act, out of <br />amounts by which the Maximum ACC Commitamt per year exceeds amounts <br />paid under the ACC for asch Project for any year. This account shall <br />be established and maintained by MAD as a specifically identified and <br />segregated account. To the extent funds are available in this <br />account, the maximum Amuual Contribution otherwise payable for any <br />Fiscal Tear may be increased by an smountr if any, as may be required <br />for increases reflected Et-the estimate of required Annual <br />Contribution applicable to the fiscal Tear as approved by KT in <br />accordance with Section l.11. Any amount remaining in the account <br />after payment of the last Annml Contribution With respect to the <br />Project shall be applied by W to aecorimce witb law. <br />(1) Whenever the UM approved estimate of the required Annual <br />Contribution for any Project exceeds the Naximuu ACC Coaitment then <br />in effect, causing the Mount in the Project Account to be less thar <br />an mount equal to Lp percent of the Sulmuti ACC Commitment for the <br />PA MP 7 of 9 <br />