Common use of Funding Allocation Clause in Contracts

Funding Allocation. The City will reimburse Durham County DSS not more than a total of $74,000.00 in CDBG funds for comprehensive case management services and/or rental assistance (series of three subsistence payments) to a minimum of 35 households during the period of this contract on the following basis:  Case Manager to provide comprehensive case management services at a rate of $500.00 per household;  Reimbursement for rental assistance (series of three subsistence payments) provided to clients who are 80% AMI or below and on the verge of being evicted as specified in the budget and in the this Scope; At no time shall the City of Durham advance funds to Durham County DSS beyond the amount of money that has been spent on pre-approved eligible CDBG activities, and at no time will CDBG funds be paid unless Durham County DSS has “earned” that reimbursement by meeting their performance goal.

Appears in 2 contracts

Sources: Subrecipient Contract, Subrecipient Contract