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HPRP Amendments <br />February 21, 2012 <br />Page 2 <br />Considering current expenditure rates and projections to meet the 100% expenditure requirement <br />by August 2012, one sub - recipient has requested that a portion of its grant be reallocated to <br />other Santa Ana HPRP sub - recipients. Staff and sub - recipients have agreed upon the following <br />adjustments to the HPRP allocations: <br />Organization Returning Funds <br />Olive Crest $40,000 <br />FISCAL IMPACT <br />Organizations Receiving Funds <br />Public Law Center $20,000 <br />Mercy House $20,000 <br />There is no fiscal impact associated with this action. <br />'-h " w N <br />Nancy T. Ed rd <br />Interim Exec i, Director <br />Community Development Agency <br />NTE/TE /mlr <br />Exhibits: 1. <br />Olive Crest Amendment <br />2. <br />Public Law Center Amendment <br />3. <br />Mercy House Amendment <br />4. <br />Olive Crest Letter <br />5. <br />Public Law Center Letter <br />6. <br />Mercy House Letter <br />25C -2 <br />