Common use of Program Closeout Clause in Contracts

Program Closeout. Upon conclusion of the PHA’s DHAP-Ike program, HUD will conduct a settlement process in accordance with DHAP-Ike operating requirements and then adjust funding for the PHAs accordingly. Final close out will be conducted by HUD no later than 180 days after termination of the program.

Appears in 2 contracts

Sources: Grant Agreement, Grant Agreement

Program Closeout. Upon conclusion of the PHA’s DHAP-Ike DHAP program, HUD will conduct a settlement process in accordance with DHAP-Ike DHAP operating requirements and then adjust funding for the PHAs accordingly. Final close out will be conducted by HUD no later than 180 days after termination of the program.

Appears in 1 contract

Sources: Grant Agreement