Common use of Subsidy Limits Clause in Contracts

Subsidy Limits. The amount of Grant Funds the Subrecipient may contribute to a DR-MHP assisted Project on a per unit basis may not exceed the annual per unit dollar limits established by HUD for the HOME Program described below. If HUD has issued a regional per-unit subsidy increase for the participating Subrecipient, the alternative subsidy amount may be used, up to 240 percent of the HOME subsidy limit. Bedrooms 2020 CDBG-DR Per Unit Limit 0 $153,314 1 $175,752 2 $213,718 3 $276,482 4+ $303,490

Appears in 8 contracts

Samples: Standard Agreement, General Services, Standard Agreement Agreement

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Subsidy Limits. The amount of Grant Funds the Subrecipient may contribute to a DR-MHP assisted Project on a per unit basis may not exceed the annual per unit dollar limits established by HUD for the HOME Program Program, described below. If HUD has issued a regional per-unit subsidy increase for the participating Subrecipient, the alternative subsidy amount may be used, up to 240 percent of the HOME subsidy limit. Bedrooms 2020 CDBG-DR Per Unit Limit 0 $153,314 1 $175,752 2 $213,718 3 $276,482 4+ $303,490

Appears in 7 contracts

Samples: Standard Agreement, Scoid, Standard Agreement Agreement

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