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• <br /> e.c <br /> K <br /> . w .... ..n �.r.-ten-. '- .wwwwixw.rr ..w�wi+n'.'n - _ w <br /> Project, BUD shall, within a reasonable period of tile, take the <br /> additional steps eutboriced by Section 8(c)(6) of the ,Act as may be <br /> necessary to carry out this assurance, including (as provided in that <br /> section of the Act) the reservation of annual contributions <br /> authority for the purpose of ascending housing assistance contracts or <br /> _ the allocation of a portion of new authorizatious for the purpose of <br /> amending housing assistance contracts. <br /> (d) BUD will make periodic payments on account of each Project upon <br /> requisition by the PHA in the form prescribed by BUD. Each requisition <br /> shall include certifications by the YHA that housing assistance payments <br /> have been or will be made only: <br /> (1) In accordance with the provisions of the Contract as the provisions <br /> apply to (i) units under lease by Families and (ii) units not under <br /> I lease by Families, and <br /> (2) With respect to units which the FHA has inspected or caused to be <br /> inspected and determined to be in decent, safe and sanitary <br /> condition, pursuant to Section 2.4 of this ACC, within one year prior <br /> to the making of housing assistance payments. <br /> (e) Fol owing the end of each Fiscal Year any amount by which the total <br /> payments made during that Fiscal Year exceed the Annual Contribution <br /> pay?ble in accordance with this section viii be subtracted from the next <br /> payment made by BUD to the PHA, unless other disposition is approved or <br /> required by HUD. <br /> 1.5 fiscal Year. The Fiscal Year for the Program shall be the Fiscal Year <br /> establis ed by Section 0.3 of this ACC. Hower, the first Fiscal Year for any <br /> Project shall be the period beginning with the effective date of the Project <br /> identified in Exhibit I to this ACC and ending on the last day of the <br /> established Fiscal Year which is not less than 12 months nor more than 23 <br /> months iafter the effective date. If the first Fiscal Year exceeds 12 months, <br /> the Maximum ACC Commitment shall be adjusted by the addition of the pro rate <br /> amount aaplicable to the period of operation in excess of 12 months. <br /> 1.6 Periodic, Ad ustnent of Contract Rents. The Contract will provide for periodic <br /> adjustor. , is in the Contract Rents chargeable by the Ovner andcccommensurate <br /> srwt <br /> s <br /> ivcreaseS in amounts of housing assistance payments, in <br /> applicable BUD regulations, up tte maximum <br /> amount for r housing <br /> ing <br /> assistance payments in the BUD approved <br /> 2.11. <br /> 1.7 Equal .._Opportunity Housing, Plante Administrative Plan and Application. The FAA <br />