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1.4 ANI+TTUAL COAT AMION . <br />a. p&Mat. MW shall pay the PEA annual contributions for the <br />Program in accordance with uw regulations and requirements. <br />Be Amount Mad EgMse of EM Payments <br />1. The annual contribution for the Program shall be the <br />amount approved by MID for each Fiscal Year to covers <br />a. The amount of housing assistance payments by the <br />PEA. <br />b. The amount of PHA fees for Program administration. <br />2. The amount of the uuD annual contribution may of am <br />reduced, as determined by a=, by <br />]R other than the HUD <br />]Receipts (such as interest income) <br />annual contribution. <br />CO Maximum pa nts for Pro am. <br />1. annual Limit on Pa uts fer Pro am. <br />a. except for payments from the CACC reserbe <br />account as provided in section 1.4.E of this CACC, <br />the BUD annual contribution for the program <br />under section 1.4.E during the Fiscal Year shall <br />not be more than the !Maximum annual Contribution <br />Commitment for the Program. <br />b. The Maximum annual Contribution Commitment <br />for the Program for each PEA Fiscal Year shall be <br />equal to the sum of the contract anthority amounts <br />reserved by MW for the projects in the Program. <br />The amount of contra authority reserved for =each <br />project in the Program <br />iY of this CACC Part i (subject to reduction in <br />accordance with section 1.4.D and section 2.3 of <br />this CACC). If the first Fiscal 'rear for dual <br />Program is more than 12 months, the Maximum <br />contribution commitment for the Program for the <br />first Fiscal Year may be adjusted in an amount as <br />determined by EQD by the addition of the pro rata <br />amount applicable to the period in excess of 12 <br />months. <br />ACC Part is Page 4 of 6 pages <br />EMD 52520 B (Anguat 1988) <br />w <br />C: <br />