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2023-026-E-Housing-The Community Empowerment fund-Use of home funds-subsidy type
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2023-026-E-Housing-The Community Empowerment fund-Use of home funds-subsidy type
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Last modified
1/23/2023 1:57:20 PM
Creation date
1/23/2023 1:57:11 PM
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Template:
Contract
Date
1/20/2023
Contract Starting Date
1/20/2023
Contract Ending Date
1/20/2023
Contract Document Type
Contract
Amount
$90,000.00
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Proposed Uses of Funds <br /> <br />Down Payment Assistance $ 80,000.00 <br /> <br />Program Management $ 10,000.00 <br /> <br /> <br />Total Uses of Funds $ 90,000.00 <br />Sources of Funds <br /> <br /> <br />Orange County HOME funds $90,000.00 <br /> <br />Total Sources of Funds $ $90,000.00 <br /> <br /> <br />CEF may not request disbursement of funds under this Agreement until the funds are needed for <br />payment of eligible costs. The amount of each request must be limited to eligible costs as <br />determined by the County’s Housing and Community Development Department (“HCD"). <br /> <br />Funds may be shifted between line items of the Project without prior approval of the County only <br />to the extent of “Minor Adjustments,” defined as actions which do not result in a change in the <br />Project and so long as such Minor Adjustments do not exceed ten percent (10%) of the line item <br />total from which the funds are being removed or to which the funds are being added. <br /> <br /> <br />DocuSign Envelope ID: 5B8E357F-436A-4B92-B6EA-A3046F40AC7EDocuSign Envelope ID: 66442AA5-FA51-4D49-BD8A-B8CAFCBD6F8B
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