Program Income Waivers Sample Clauses

Program Income Waivers. A. The PI Waiver Submission Process will only be conducted when the undersigned Jurisdiction has no active grant contract(s) with the Department. B. The process below will be followed if a PI Waiver is to be requested: 1) All PI Waiver requests will be submitted on approved Departmental forms for the Department’s written approval. 2) After the Department’s review of the activity for eligibility and national objective compliance, the PI Waiver will be formally adopted via public hearing and resolution of the Jurisdiction’s Governing Body, as part of the PI Waiver General (and Special Conditions if applicable) Clearance process. 3) Expenditure of PI Waiver funds will not commence until clearance of all required General and Special Conditions have been met, and written Departmental approval has been issued to the Jurisdiction. 4) Possible Waiver activities will be discussed at a properly noticed public hearing, held in front of the Jurisdiction’s Governing Body, prior to submission of a Certified Resolution as part of a PI Waiver Request to the Department. 5) The PI Waiver request must be submitted in accordance with current Department policy, and any subsequent policy, regulation, or statutory guidance. 6) PI Waiver activity reporting will be submitted per current Departmental policies and includes financial accounting of all PI received and expended, including PI Waivers and PI Waiver activity performance. 7) PI Waiver activities must be fully funded with program income already on hand. 8) Only two (2) PI Waivers may be open and active at any one time. 9) RLF funds will not be used for PI Waivers, since RLF monies must be expended on the activity that generated the payments. 10) PI Waivers will not be approved for the same program activities for approved RLFs. C. PI GA and PI Waiver financial and performance reporting will be done using current eligible activity set up and completion reports which will collect national objective data and beneficiary demographics for HUD required accomplishment information. D. Additional financial reports for PI GA, PI Waivers, PI deposits and expenditures will be done semi-annually using the Department’s current PI fiscal reporting forms. E. Ineligible costs will be required to be repaid to the PI Account. In some cases with ongoing significant compliance issues, the Department reserves the right to require the jurisdiction return all PI to the Department until it is satisfied that the jurisdiction has resolved all complian...