Expended definition

Expended means when the Grantee applies the funding to the affordable housing rental obligations incurred by Eligible Households during the eligible period of performance.

Expended means the affordable housing activity is complete.

Expended or “Spent” means the affordable housing activity is complete and funds deposited to the local affordable housing trust fund have been transferred from the local housing assistance trust fund account to pay for the cost of the activity.

Examples of Expended in a sentence

• CRF funds shall be Expended by Grantee for rental assistance for Eligible Households for July through December 30, 2020, as well as rent arrearages for the months of April, May, and June 2020.

• In executing this Agreement, Grantee is certifying that all CRF funds will be Expended by December 30, 2020.

• Grantee must maintain a financial tracking system provided by Florida Housing that ensures that CRF funds are Expended in accordance with the requirements in this Agreement.

• Grantee must be subject to compliance monitoring during the period of performance in which funds are Expended and up to three years following the closeout of all funds.

• This means that for Eligible Households that were assisted, Xxxxxxx must retain all records no less than five years after the funds have been Expended, provided audits have been released, whichever is later.

More Definitions of Expended

Expended means the Development has paid for eligible expenses as described in Item C.3. below, and submitted sufficient documentation to Florida Housing for reimbursement.

Expended means all HHAP funds obligated under contract or subcontract have been fully paid and receipted, and no invoices remain outstanding. In the case of an award made through subcontracting, subcontractors are required to obligate the funds by the same statutory deadlines.

Expended means all HHAP-2 funds obligated under contract or subcontract have been fully paid and receipted, and no invoices remain outstanding. In the case of an award made through subcontracting, subcontractors are required to expend the funds by the same statutory deadlines.

Expended means all HHAP-3 funds obligated under contract or subcontract have been fully paid and receipted, and no invoices remain outstanding.

Expended means all ERF funds obligated under contract or subcontract that have been fully paid and receipted, and no invoices remain outstanding.

Expended means: By the NOFA application due date, the work is complete, the cost has been paid by the applicant, and a Funds Request has been received by the Department. The Department may require evidence of the above to ensure the applicant’s compliance with the 50% Rule.

Expended means all HHAP-5 funds obligated under contract or subcontract have been fully paid and receipted, and no invoices remain outstanding.