Funding Approval and HOME Investment Partnerships Agreement Title II of the National Affordable Housing ActFunding Approval and Home Investment Partnerships Agreement • November 22nd, 2024
Contract Type FiledNovember 22nd, 2024This Agreement between the Department of Housing and Urban Development (HUD) and the Grantee is made pursuant to the authority of the HOME Investment Partnerships Act (42 U.S.C. 12701 et seq.). The Grantee’s approved Consolidated Plan submission/Application, the HUD regulations at 24 CFR Part 92 (as is now in effect and as may be amended from time to time) and this HOME Investment Partnership Agreement, form HUD-40093, including any special conditions, constitute part of this Agreement. Subject to the provisions of this Agreement, HUD will make the funds for the Fiscal Year specified, available to the Grantee upon execution of this Agreement by the parties. All funds for the specified Fiscal Year provided by HUD by formula reallocation are covered by this Agreement upon execution of an amendment by HUD, without the Grantee’s execution of the amendment or other consent. HUD’s payment of funds under this Agreement is subject to the Grantee’s compliance with HUD’s electronic funds transfe