Orange County NC Website
s <br /> Dumber of bedrooms )Number of Units <br /> 0 1 <br /> 1 ` b <br /> a 219`-�� <br /> 3 91 <br /> d _.� <br /> Total 388 <br /> C. Maximum Annual Contribution Commitment. The Maid um <br /> EEO Con taan sCommittnent or aIl m turea; <br /> wheal)be$1,131 ,708.00 for each PHA Fiscal Year. <br /> Onsert amount equal to suai of the per project contract authority <br /> amounts listed in Rdn'bit l.) 11'the fast fol cal year fora program <br /> ftKft increment Is more than is months(see section 2.2.1)of this <br /> ACCT, the Maximum Annual Conh%w tion Commitment for the <br /> program for the PRA Fiscal Year may be adjusted as determined- <br /> by HUD by the addition of the pro rata amount applicable to the <br /> period in ezeess of 12 months. BUD my reduce the Maximum <br /> Annual Contribution Commitment by giving written notice of <br /> re&wtion to the PHA in aceoirdance with section 2.3 of this ACC. <br /> D. 7�erm of ACC. The term.o_ f this ACC shan begin on <br /> execute o�'n"mate (insert b%mmng date), <br /> and shall end on <br /> two years from execution date (insert last date). <br /> F. PHA Fiscal Year. 7he Focal Year for the P13A''s Ho=ng <br /> Cart icate gram shall be the 12-month period <br /> wffinr December 31 of each calendar year. Msert <br /> same Fiscal Year, ending &—teeii for other section 8 assistance <br /> administered by the PHA umxkr an ACC with HUD.) <br /> 1.3. ANAL OCi1MlT U1710K. <br /> A. TIM shall pay the PHA an annual contribution for <br /> the MA's Housing Certificate Program in <br /> accordance with HUD regulations and <br /> requirements. 7he annual contribution shall be <br /> In the amount approved by HUD for the PHA Fiscal <br /> Year to cover the sumo of <br /> 1. The amount of housing assistance payments <br /> payable by the PHA. <br /> 2. The amount of PHA. costs for program <br /> administration. <br /> The amount of 'the annual contribution by HUD may <br /> be reduced, as determined by HUD, by the amount <br /> Paige 2 of 5 pages HUD 52520 B (December 1984) <br />