Common use of Effective Date, Term of Agreement, and Deadlines Clause in Contracts

Effective Date, Term of Agreement, and Deadlines. a) This Agreement is effective upon approval by the Agency (indicated by the signature provided by Agency in the lower left section of page one, Standard Agreement, STD. 213), when signed by all parties. b) This Agreement shall terminate on October 1, 2026, or upon delivery of the HHAP-3 final report required by HSC § 50223(b), whichever is sooner. c) Grantee shall submit an application for the remainder of their HHAP-3 allocation by June 30, 2022 in compliance with HSC § 50220.7(b). d) Grantee shall report on the activities funded pursuant this Agreement in the first expenditure report submitted to the Council after disbursement of the remaining funds, as required by HSC §§ 50221 and 50223. e) Grantees that are cities or continuums of care shall contractually obligate no less than 50 percent of HHAP-3 funds by May 31, 2024. If less than 50 percent is obligated after May 31, 2024, continuums of care and cities shall not expend any remaining portion of the 50 percent of program allocations required to have been obligated unless and until both of the following occur: i) On or before June 30, 2024, the Grantee submits an alternative disbursement plan to HCFC that includes an explanation for the delay. ii) HCFC approves the alternative disbursement plan or provides the Grantee with guidance on the revisions needed in order to approve the alternative disbursement plan. iii) If the funds identified in the approved alternative disbursement plan are f) Grantees that are counties shall contractually obligate the full g) Grantees that do not meet the expenditure deadlines in HSC § 50220.7(k) shall not be eligible for bonus funding. h) HHAP-3 funds shall be expended by June 30, 2026 i) In accordance with Health and Safety Code section 50220.5, subdivision (l), HCFC retains the right to require a corrective action plan of grantees that are not on track to fully expend funds by the statutorily required deadline. j) Any funds not expended by June 30, 2026 shall be available for round 4 of the program pursuant to HSC § 50218.7.

Appears in 2 contracts

Samples: Initial Disbursement Contract for Funds, Initial Disbursement Contract for Funds

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Effective Date, Term of Agreement, and Deadlines. a) A. This Agreement is effective upon approval by the Agency HCD (indicated by the signature provided by Agency HCD in the lower left section of page one, Standard Agreement, STD. 213), and when signed by all parties.. Funds will be disbursed in accordance with Section 4 of Exhibit B. b) B. This Agreement shall terminate on October June 30, 2029. C. On or before January 1, 2026, or upon delivery of the HHAP-3 final report required by HSC § 50223(b), whichever is sooner. c) a Grantee shall submit to the Department an application for the remainder of their HHAP-3 allocation by June 30updated Regionally Coordinated Homelessness Action Plan, 2022 in compliance with HSC § 50220.7(b). d) Grantee which shall report include updates on the activities funded metrics and key actions to improve these metrics, which shall be reviewed and approved by HCD pursuant this Agreement in the first expenditure report submitted to the Council after disbursement of the remaining funds, as required by HSC §§ 50221 and 50223. e) Grantees that are cities or continuums of care 50235 subdivision (h). A Grantee shall contractually obligate no less than 50 seventy-five percent of HHAP-3 funds by May 31, 2024. If (75%) and shall expend no less than 50 fifty percent is (50%) of their initial fifty percent (50%) HHAP-5 base allocation disbursement by June 30, 2026. This excludes both the HHAP-5 planning and Initial Supplemental Allocations. Upon demonstration by a recipient Grantee that it has complied with both of these requirements, the Department shall disburse to that recipient the remaining fifty percent (50%) of its HHAP-5 base allocation pursuant to HSC Section 50235. 1) Grantee will demonstrate compliance with these obligation and expenditure requirements through monthly fiscal reports and by completing a certification documentation in the form and manner provided by HCD. D. If a Grantee has obligated after May 31less than seventy-five percent (75%) or expended less than fifty percent (50%) of their initial fifty percent (50%) HHAP-5 base allocation by June 30, 20242026, continuums of care and cities the Grantee shall not contractually obligate or expend any remaining portion of its initial HHAP-5 base allocation, and HCD shall not allocate to the 50 recipient the remaining fifty percent (50%) of program allocations required to have been obligated its HHAP-5 base allocation, unless and until both of the following occur: i1) On or before June 30, 20242026, the Grantee submits an alternative disbursement plan to HCFC HCD that includes an explanation for the delay. ii2) HCFC HCD approves the alternative disbursement plan or provides plan. If a Grantee does not satisfy these requirements, HCD shall have the Grantee with guidance on discretion to allocate the revisions needed unused funding in order to approve the alternative disbursement plan. iii) a manner prescribed by HCD. If the funds identified in the approved alternative disbursement plan are f) Grantees that are counties not fully expended by December 31, 2027, the funds shall contractually obligate the full g) Grantees that do not meet the expenditure deadlines be returned to HCD to be allocated as supplemental awards in HSC § 50220.7(k) shall not be eligible for bonus fundingaccordance with Health and Safety Code Section 50237. h) HHAP-3 funds E. All HHAP-5 funds, including base allocations, planning allocations, and supplemental funding, shall be expended by June 30, 2026 i) In accordance with Health and Safety Code section 50220.5, subdivision (l), HCFC retains the right to require a corrective action plan of grantees that are not on track to fully expend funds by the statutorily required deadline2028. j) F. Any funds funds, including planning allocations and supplemental funding, not expended by June 30, 2026 2028, shall revert to, and be available for round 4 of paid and deposited in, the program General Fund pursuant to HSC § 50218.7Health and Safety Code section 50235 subdivision (m). G. HCD may request additional information from applicants, as needed, to meet other applicable reporting or audit requirements.

Appears in 1 contract

Samples: Standard Agreement

Effective Date, Term of Agreement, and Deadlines. a) This Agreement is effective upon approval by the Agency (indicated by the signature provided by Agency in the lower left section of page one, Standard Agreement, STD. 213), when signed by all parties. b) This Agreement shall terminate on October 1, 2026, or upon delivery of the HHAP-3 final report required by HSC § 50223(b), whichever is sooner. c) Grantee shall submit an application for the remainder of their HHAP-3 allocation by June 30, 2022 in compliance with HSC § 50220.7(b). d) Grantee shall report on the activities funded pursuant this Agreement in the first expenditure report submitted to the Council after disbursement of the remaining funds, as required by HSC §§ 50221 and 50223. e) Grantees that are cities or continuums of care shall contractually obligate no less than 50 percent of HHAP-3 HHAP-2 funds by May 31, 2024. If less than 50 percent is obligated after May 31, 2024, continuums of care and cities shall not expend any remaining portion of the 50 percent of program allocations required to have been obligated unless and until both of the following occur: i) On or before June 30, 2024, the Grantee submits an alternative disbursement plan to HCFC that includes an explanation for the delay. ii) HCFC approves the alternative disbursement plan or provides the Grantee with guidance on the revisions needed in order to approve the alternative disbursement plan. iii) If the funds identified in the approved alternative disbursement plan areare not fully expended by December 31, 2024, the funds shall be returned to the HCFC to be allocated as bonus awards. f) Grantees that are counties shall contractually obligate the fullfull allocation (100 percent) awarded to them by May 31, 2024. Any funds that are not contractually obligated by this date shall be reverted to the Continuum of Care that serves the county. Specific to Los Angeles County, funds that are not contractually obligated by this date shall be divided proportionately using the HHAP-3 funding allocation formula among the four CoC’s that serve Los Angeles County: City of Glendale CoC, City of Pasadena CoC, the City of Long Beach CoC, and the Los Angeles Homeless Services Authority. Counties not obligating their full program allocation by May 31, 2024 are required to notify HCFC, on or before that date, of the name of the CoC(s) in which the county is served, and the amount of program funds that will be reverted to the CoC(s). By June 30, 2024, the county shall provide HCFC with evidence that the funds were transferred and submit an updated budget that clearly identifies the funds that were transferred. g) Grantees that do not meet the expenditure deadlines in HSC § 50220.7(k) shall not be eligible for bonus funding. h) HHAP-3 HHAP-2 funds shall be expended by June 30, 2026 i) In accordance with Health and Safety Code section 50220.5, subdivision (l), HCFC retains the right to require a corrective action plan of grantees that are not on track to fully expend funds by the statutorily required deadline. j) Any funds not expended by June 30, 2026 shall be available for round 4 of the program pursuant to HSC § 50218.7.

Appears in 1 contract

Samples: Standard Agreement

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Effective Date, Term of Agreement, and Deadlines. a) A. This Agreement is effective upon approval by the Agency HCD (indicated by the signature provided by Agency HCD in the lower left section of page one, Standard Agreement, STD. 213), and when signed by all parties.. Funds will be disbursed in accordance with Section 4 of Exhibit B. b) B. This Agreement shall terminate on October December 31, 2028. C. On or before January 1, 2026, or upon delivery of the HHAP-3 final report required by HSC § 50223(b), whichever is sooner. c) Grantee a grantee shall submit to the Department an application for the remainder of their HHAP-3 allocation by June 30updated Regionally Coordinated Homelessness Action Plan, 2022 in compliance with HSC § 50220.7(b). d) Grantee which shall report include updates on the activities funded metrics and key actions to improve these metrics, which shall be reviewed and approved by HCD pursuant this Agreement in the first expenditure report submitted to the Council after disbursement of the remaining funds, as required by HSC §§ 50221 Health and 50223. e) Grantees that are cities or continuums of care Safety Code 50235 subdivision (h). A grantee shall contractually obligate no less than 50 seventy-five percent of HHAP-3 funds by May 31, 2024. If (75%) and shall expend no less than 50 fifty percent is (50%) of their initial fifty percent (50%) HHAP-5 base allocation disbursement by June 30, 2026. This excludes both the HHAP-5 planning and Initial Supplemental Allocations. Upon demonstration by a recipient grantee that it has complied with both of these requirements, the Department shall disburse to that recipient the remaining fifty percent (50%) of its HHAP-5 base allocation pursuant to Health and Safety Code Section 50235. 1) Grantee will demonstrate compliance with these obligation and expenditure requirements through monthly fiscal reports and by completing a certification documentation in the form and manner provided by HCD. D. If a grantee has obligated after May 31less than seventy-five percent (75%) or expended less than fifty percent (50%) of their initial fifty percent (50%) HHAP-5 base allocation by June 30, 20242026, continuums of care and cities the grantee shall not contractually obligate or expend any remaining portion of its initial HHAP-5 base allocation, and HCD shall not allocate to the 50 recipient the remaining fifty percent (50%) of program allocations required to have been obligated its HHAP-5 base allocation, unless and until both of the following occur: i1) On or before June 30, 20242026, the Grantee grantee submits an alternative disbursement plan to HCFC HCD that includes an explanation for the delay. ii2) HCFC HCD approves the alternative disbursement plan or provides plan. If a grantee does not satisfy these requirements, HCD shall have the Grantee with guidance on discretion to allocate the revisions needed unused funding in order to approve the alternative disbursement plan. iii) a manner prescribed by HCD. If the funds identified in the approved alternative disbursement plan are f) Grantees that are counties not fully expended by December 31, 2027, the funds shall contractually obligate the full g) Grantees that do not meet the expenditure deadlines be returned to HCD to be allocated as supplemental awards in HSC § 50220.7(k) shall not be eligible for bonus fundingaccordance with Health and Safety Code Section 50237. h) HHAP-3 funds E. All HHAP-5 funds, including base allocations, planning allocations, and supplemental funding, shall be expended by June 30, 2026 i) In accordance with Health and Safety Code section 50220.5, subdivision (l), HCFC retains the right to require a corrective action plan of grantees that are not on track to fully expend funds by the statutorily required deadline2028. j) F. Any funds funds, including planning allocations and supplemental funding, not expended by June 30, 2026 2028, shall revert to, and be available for round 4 of paid and deposited in, the program General Fund pursuant to HSC § 50218.7Health and Safety Code section 50235 subdivision (m). G. HCD may request additional information from applicants, as needed, to meet other applicable reporting or audit requirements.

Appears in 1 contract

Samples: Standard Agreement

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