Program Funds. The total amount of Program Funds to be disbursed to Agency to provide Services is two-hundred and fifty thousand dollars ($250,000.00). In no event shall the Agency’s expenditures of Program Funds exceed this amount. Program Funds shall only be used to reimburse Program participants for the actual cost of Program-eligible housing repairs and developer fees. Agency shall not use Program Funds to pay for overhead, administration, or any other costs related to Services.
Appears in 2 contracts
Sources: Housing Rehabilitation Program Administration Services Agreement, Housing Rehabilitation Program Administration Services Agreement
Program Funds. The total amount of Program Funds to be disbursed to Agency to provide Services is twosix hundred twenty-hundred and fifty five thousand dollars ($250,000.00625,000.00) per year, for a not-to-exceed amount over the three-year Term of one million eight hundred seventy-five thousand dollars ($1,875,000.00). In no event shall the Agency’s expenditures of Program Funds exceed this amount. Program Funds shall only be used to reimburse Program participants for the actual cost of Program-eligible housing repairs and developer fees. Agency shall not use Program Funds to pay for overhead, administration, or any other costs related to Services.
Appears in 1 contract
Sources: Housing Rehabilitation Program Administration Services Agreement