Laserfiche WebLink
(1) SUBRECIPIENT acknowledges that the source of funding for said program is the <br />federal ERA2 Funds, and that payments from the ERA2 Funds are only to be used to make necessary <br />expenditures incurred due to the public health emergency with respect to COVID-19 in compliance <br />with Section 3201(a) of the American Rescue Plan Act of 2021, the Department of Treasury's <br />Frequently Asked Questions, and the CARES for Tenants Program Guidelines and Frequently <br />Asked Questions established for said program. <br />(2) SUBRECIPIENT acknowledges that ERA2 Fund provisions allow the use of <br />ERA2 Funds for expenses associated with the provision of rental assistance in connection with the <br />COVID-19 public health emergency, and will not use these funds for any other uses <br />(3) SUBRECIPIENT shall follow the process and determination of eligibility for <br />participants in said program as outlined in Exhibit A and Section 3201(a) of the American Rescue <br />Plan Act of 2021, the Department of Treasury's Trequently Asked Questions, .and the CARES for <br />Tenants Program Guidelines and Frequently Asked Questions established for said program. <br />(4) CITY entered into a U.S. Department of the Treasury Emergency Rental <br />Assistance Agreement receiving and recognizing the CITY Allocation of ERA2 Funds to be used by <br />CITY to provide rental assistance. A true and correct copy of the U.S. Department of the Treasury <br />Emergency Rental Assistance Agreement is attached hereto as Exhibit H and incorporated herein by <br />this reference. Subrecipient has been made aware of the U.S. Department of the Treasury Emergency <br />Rental Assistance Agreement and agrees to comply with all the conditions of the U.S. Department of <br />the Treasury Emergency Rental Assistance Agreement and the applicable requirements governing the <br />use of ERA2 Funds, including programmatic amendments or addendums to said Agreement, if any. <br />[City will provide notice of any such programratic amendments or addendums to said Agreement to <br />Subrecipient, and such notice will be sufficient to incorporate such amendment or addendum into this <br />Agreement.] <br />F. Performance Monitoring. <br />(1) The Subrecipient monitoring and management requirements set forth in 2 CFR <br />200.331-200.333 will apply to SUBRECIPIENT. SUBRECIPIENT shall submit program <br />performance information as often as reasonably requested by CITY, but no less than the submission <br />of weekly reports and a final report to CITY with the information requested by and in the format <br />acceptable to CrfY. Each weekly report is due within three (3) business days of completion of work <br />for each week. The final report is due within thirty (30) days after the termination or expiration of <br />this Agreement. <br />(2) CITY will evaluate SUBRECIPIENT's management and operation of said <br />program on factors, including but not limited to grant volume, disbursed funds, management, <br />reporting and strategic results with respect to the project expectations as described in Exhibit A. <br />(3) CITY will review the audit of the SUBRECIPIENT to ensure that grant funds are <br />used for authorized purposes in compliance with laws, regulations, and the provisions of contracts or <br />grant agreements under this Agreement, including attachments and exhibits. <br />