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Administrative Plan 4/1/2016 Page 16-2 <br />PART I: ADMINISTRATIVE FEE RESERVE [24 CFR 982.155] <br />SAHA will maintain administrative fee reserves, or unrestricted net assets (UNA) for the <br />program to pay program administrative expenses in excess of administrative fees paid by HUD <br />for a SAHA fiscal year. HUD appropriations acts beginning with FFY 2004 have specified that <br />administrative fee funding may be used only for activities related to the provision of HCV <br />assistance, including related development activities. Notice PIH 2012-9 cites two examples of <br />related development activities: unit modification for accessibility purposes and development of <br />project-based voucher units. The notice makes clear that other activities may also qualify as <br />related development activities. Administrative fees that remain in the UNA account from funding <br />provided prior to 2004 may be used for “other housing purposes permitted by state and local <br />law,” in accordance with 24 CFR 982.155(b)(1). <br />If a PHA has not adequately administered its HCV program, HUD may prohibit use of funds in <br />the UNA Account and may direct the PHA to use funds in that account to improve <br />administration of the program, for HCV HAP expenses, or to reimburse ineligible expenses in <br />accordance with the regulation at 24 CFR 982.155(b)(3). <br />HUD requires SAHA Board of Commissioners or other authorized officials to establish the <br />maximum amount that may be charged against the UNA account without specific approval. <br />SAHA Policy <br />Expenditures from the administrative fee reserve will be made in accordance with all <br />applicable Federal requirements. Expenditures will not exceed $25,000 per occurrence <br />without the prior approval of the Housing Authority of the City of Santa Ana (Santa Ana <br />City Council). <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />3-346