Common use of AHCC Clause in Contracts

AHCC. The designated HUD official will execute the AHCC and any unexpended HOPE VI Grant funds will be recaptured when HUD determines to its satisfaction that: (1) the expenditure of funds provided under this Grant Agreement was allowable and reasonable, as determined by the final audit; and (2) the activities to be completed using HOPE VI Grant funds were completed, as required by the Grant Agreement and all Federal requirements, were satisfied.

Appears in 3 contracts

Sources: Grant Agreement, Hope Vi Revitalization Grant Agreement, Hope Vi Revitalization Grant Agreement