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<br />. . <br /> <br />- <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. . <br /> <br />-- <br /> <br />2.3. <br /> <br />. <br />.. <br /> <br />. <br /> <br />1. <br /> <br />Dousing assistance pllYllents bave been .ade in <br />acco~dance witbcontracts in ~be for. pre.cribed <br />by DUD and in accordance wi tb BUD &'equh..nt., <br />and <br /> <br />c. <br /> <br />unit. bave been inspected by tbe PBA <br />In accordance with DUD requireaents. <br /> <br />If BUD deteraines tbat pllYllents by BUD to tbe PBA for <br />a Fiscal Year eaceed tbe _ount of tbe annual <br />contribution approved by BUD for tbe pbeal Year, the <br />excess shall be applied aø deterained by BUD. S-.ch <br />applications deterained by BOD -y Include, but are <br />Dot Uait.ed t.o, awllcatlon of the eaces. paYllent <br />agalnat the 880unt of tbe annual contributiOn fo&' a <br />8ubsequent Placal Year. ~be PBA shall take any <br />actions required byRUDrespecting t.be e.ce..paYll-t, . <br />and 811all, upon de.and by BUD, prc8ptly r_lt tbe . <br />eac... paYllent. to BUD. <br /> <br />2. <br /> <br />RBDUC'l'10N IN AIIIIOAL CUaflJ'aIBtJ'I'I08S PAYABLB BY BUD. <br /> <br />A. <br /> <br />upon written not.lce by BUD to tbe PBA, BUD ..y reduce <br />to an _ount deterained by BOD tbe _OURt of the <br />annual contribution. payable for any proj~ or for <br />the progr-, and .ay reduce to an 880unt dete,.lne. by <br />DUD tbe contract author ity reserved by BUD f~ uy <br />project included in the Progr_1 ' <br /> <br />1. <br /> <br />If BUD dete~aines that tbe PBA IIa. failed to <br />coaply witb any obligation. under the ACe, or <br /> <br />In tbe ca.e of _ount.. providecJ for uae in <br />connection witb a rental rebabilltation grant <br />under tbe Rental aebabilltation progr- <br />authorized by .ection 17 of tbe o.s. BOII8i.." Act <br />of 1937, if BOD' deob1igate. r_tal <br />rebabilltation "rant aaounts. If BUD <br />deobligates rental rebabilitation grut _ount., <br />BUD -y reduce tbe annual contribution. payable <br />and the contract autborit7r..erftd wbetber or <br />not the PBA ba. failed to CDIIply witb. any <br />obligations under tbe ACC. <br /> <br />2. <br /> <br />\. <br /> <br />, <br />'I <br />','! <br /> <br />, ., <br /> <br />, <br /> <br />. , <br /> <br />page 2 of 9 pages <br /> <br />DUD 52520 E (June 1985) <br />'1 ~ <br /> <br />¡ <br />