Item 08 - Appropriation Adjustment for Emergency Housing Voucher Service Fees

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A.Amount and Expenditure End Date The AUTHORITY agrees to reimburse the SUBRECIPIENT a maximum amount not to exceed $311,500 from ERV Services Fee funds, as outlined in Exhibit B, Final Budget, and such funds shall be expended by the SUBRECIPIENT on or before December 3 !, 2022. SUBRECIPIENT has the ability to adjust line item amounts in the Budget with the written approval of the AUTHORITY's Executive Director of the Community Development Agency, so long as the total Budget amount does not increase. B.Invoicing Procedures The SUBRECIPIENT shall submit quarterly invoices (on or before the 15 1h day of April, July, October, and January) in a form prescribed by the AUTHORITY, detailing such expenses. ·Such schedule may be modified with the approval of the AUTHORITY. C.Payment Payment is subject to the receipt and approval of such invoices and quarterly activity reports, as hereinafter more fully set forth below under Reporting, with the final payment subject to the satisfaction of the condition precedent of submittal of complete invoicing and reporting information due on or before July 15 of the applicable funding year. The AUTHORITY shall pay such invoices within thirty (30) days after receipt thereof, provided the AUTHORITY is satisfied that such expenses have been incurred within the scope of this AGREEMENT and that the SUBRECIPIENT is in compliance with the terms and conditions of this AGREEMENT. The thirty (30) day period will discontinue if the reimbursement request is determined to be incomplete and will restart the thirty-day timeline once the remaining required elements have been submitted. Failure to provide any of the required documentation and reporting will cause the AUTHORITY to withhold all or a portion of a request for reimbursement until such documentation and reporting has been received and approved by the AUTHORITY. D.Use of Funds The SUBRECIPIENT agrees to use said funds pursuant to this AGREEMENT to pay for necessary and reasonable costs allowable under federal law and regulations to operate said program only. Said amounts shall include and will be limited to housing search assistance, security deposit/utility deposit/rental application/holding fees, owner recruitment and outreach, owner incentive and/or retention payments, moving expenses, tenant-readiness services, essential household items, and renter's insurance ifrequired by the lease as set forth in the ERV operating requirements in PIH Notice 2021-15. Allowable program costs are detailed in the Budget, as set forth in Exhibit B, attached· hereto and by this reference incorporated herein. The SUBRECIPIENT'S failure to perform as required may, in add ition to other remedies set forth in this AGREEMENT, result in readjustment of the amount of funds the AUTHOR ITY is otherwise obligated to pay to the SUBRECIPIENT pursuant to the terms hereof. Page 3 EXHIBIT 2