Disbursement of Funds to Eligible Grantees. After initial 30% advance, if any, is utilized and documented, the available funds will be disbursed on a cost-reimbursement basis to Grantee for activities described in Item C.3. below. If Florida Housing determines that the Grantee has failed to make satisfactory progress in meeting the requirements of this Agreement or has otherwise failed to satisfactorily perform under the terms of this Agreement, funds may be withheld by Florida Housing pending resolution of the issues giving rise to the lack of progress or failure to perform satisfactory to Florida Housing which may include a written plan to address the issues prepared by the Grantee and submitted to Florida Housing for approval. Florida Housing will not accept reimbursement requests after December 10, 2020, for expenses incurred no later than November 30, 2020.
Appears in 6 contracts
Samples: Coronavirus Relief Fund, Coronavirus Relief Fund, Funding Agreement
