Eligible Uses of Funds Sample Clauses

Eligible Uses of Funds. Homestead may expend funds per 24 CFR 92.208(a) and 24 CRF 92.300(f). 24 CFR 92.208(a): Up to 5 percent of a participating jurisdiction's fiscal year HOME allocation may be used for the operating expenses of community housing development organizations (CHDOs). These funds may not be used to pay operating expenses incurred by a CHDO acting as a subrecipient or contractor under the HOME Program. Operating expenses means reasonable and necessary costs for the operation of the community housing development organization. Such costs include salaries, wages, and other employee compensation and benefits; employee education, training, and travel; rent; utilities; communication costs; taxes; insurance; equipment; materials and supplies. The requirements and limitations on the receipt of these funds by CHDOs are set forth in 92.300(f). 24 CFR 92.300(f): Limitation on community housing development organization operating funds. A community housing development organization may not receive HOME funding for any fiscal year in an amount that provides more than 50 percent or $50,000, whichever is greater, of the community housing development organization's total operating expenses in that fiscal year. This also includes organizational support and housing education provided under section 233(b)(1), (2), and (6) of the Act, as well as funds for operating expenses provided under 92.208.
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Eligible Uses of Funds. ULCCDC may expend funds per 24 CFR 92.208(a) and 24 CRF 92.300(f).
Eligible Uses of Funds a. Prior to the disbursement of Loan funds, the Borrower shall deliver to the Department, at the Department's discretion, either (i) a cost audit performed by an independent certified public accountant or (ii) a certificate of the Borrower, which evidences that the Borrower has incurred, or will incur, costs within the eligible categories of costs specified below which are attributable to (A) the Assisted Units, (B) that portion of the common areas used primarily by residential tenants which shall be in direct proportion to the ratio between the gross floor area of the Assisted Units and the gross floor area of all residential units (the "Proportionate Common Area"), and (C) that portion of other items, such as roofs, that cannot specifically be allocated to Assisted Units, non-Assisted Units, or commercial space, which shall be in direct proportion to the ratio between the gross floor area of the Assisted Units plus the gross floor area of the Proportionate Common Areas and the total gross floor area of the Development. Such costs shall be in an amount equal to or greater than the amount of the Loan. If such costs are less than the amount of the Loan specified herein, the Department shall, at its discretion, either reduce the amount of the Loan to the amount of such costs or terminate this Development Agreement along with any obligation to provide the Loan.
Eligible Uses of Funds. City funds disbursed to Metro under this Agreement may be used for contractor or consultant or subconsultant costs including, but not limited to design, construction project management, project scoping, scheduling, permitting, deposits on materials and equipment, equipment rental fees, materials testing and initial construction activities. Funds may not be used to compensate Metro/Portland’5 staff time or reimburse Metro/Portland’5 for event revenues lost due to construction activities.
Eligible Uses of Funds a. Prior to the disbursement of Loan funds, the Borrower shall deliver to the Department a certificate of the Borrower, in the form of Exhibit D, which evidences that the Borrower has incurred costs within the eligible categories of costs specified below which are allowed by the Program. Such costs shall be in an amount equal to or greater than the amount of the Loan. If such costs are less than the amount of the Loan specified herein, the Department shall, at its discretion, either reduce the amount of the Loan to the amount of such costs or terminate this Development Agreement along with any obligation to provide the Loan.
Eligible Uses of Funds. Clarification of the non- federal share of U.S. Army Corps of Engineers projects maximum limit. 3.1.1 NOI Process: Clarification of NOI Rounds and timing. 3.1.5 Allocations from NOI: Update Allocation methodology for Priority Level percentages. 3.1.6 Application Process: Update of the Application Process including timing, Due Diligence, and Authorizing Resolution requirements. 3.1.7: Application Requirements: Updates on requirements for the Application including the Due Diligence and Authorizing Resolution. 3.1.8
Eligible Uses of Funds. Eligible FEMA HMGP costs are those activities eligible under Title I of the Housing and Community Development Act of 1974 or those activities specified by waiver in 83 FR 5844 published February 9, 2018; 83 FR 40314 published August 14,2018; 84 FR 97 published January 9, 2019; and 84 FR 6813 published February 28, 2019. As such, CDBG-DR funds may fund required FEMA HMGP local non-federal share (match) for approved projects that meet the CDBG-DR requirements, including a tie-back to the DR-4382 or DR-4407 disaster events. All projects must meet a National Objective as detailed in Section 2.2.2. To be eligible for FEMA HMGP Match, the project must be a project obligated by FEMA have a service location in an area impacted by DR-4382 or DR-4407, and tie to disasters DR-4382 or DR-4407. Examples of eligible HMGP Match project types include: • Acquisition • Defensible SpaceFlood Control (wildfire soil stabilization, debris catchment, etc.) • Generators (fixed in place, clear disaster tie-back, and usage is CDBG-eligible) • Planning (wildfire mitigation plans, hazard mitigation plan updates) FEMA HMGP infrastructure projects that are approved by Cal OES are eligible for funding under the DR-Infrastructure Program. Eligible projects must tie back to the DR-4382 or DR-4407 disasters. Eligible Applicants are responsible for providing documentation on the tie-back to the DR-4382 or DR-4407 disaster events. Projects that are complete or in progress at the time of application must show compliance with federal regulations and federal labor regulations (i.e., Xxxxx Xxxxx and Section 3) to be eligible.
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Eligible Uses of Funds. HCD may fund the local portion of the non-federal share for other federally grant-funded infrastructure projects with a tie-back to the DR-4382 or DR-4407 disaster events. From the unmet needs analysis conducted during the 2018 Action Plan Amendment 1 process, Eligible Applicants indicated that there was an unmet need for the local share on Federal Highway Administration (FHWA) and United States Department of Agriculture (USDA) grants for disaster-related projects. If Subrecipients submit applications for non- federal share match for other federal programs that otherwise meet HCD’s eligibility requirement, HCD will evaluate the eligibility of match on a case-by-case basis. HCD may provide a non-federal share up to 25% of the total cost of the project. If the non-federal share of U.S. Army Corps of Engineers projects is being funded, Eligible Applicants cannot exceed $250,000 for the non-federal share of the project.
Eligible Uses of Funds. Eligibility of Stand-Alone Infrastructure Projects requires that the projects are non-match, stand-alone infrastructure projects that have a tie-back to the DR-4382 or DR-4407 disaster events and address identified unmet disaster recovery needs. Further, Stand- Alone Infrastructure Projects must be those activities eligible under Title I of the Housing and Community Development Act of 1974 or those activities specified by waiver in 83 FR 5844 published February 9, 2018; 83 FR 40314 published August 14,2018; 84 FR 97
Eligible Uses of Funds. ULCCDC may expend funds per 24 CFR 92.208(a) and 24 CRF 92.300(f). 24 CFR 92.208(a): Up to 5 percent of a participating jurisdiction's fiscal year HOME allocation may be used for the operating expenses of community housing development organizations (CHDOs). These funds may not be used to pay operating expenses incurred
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