HomeMy WebLinkAboutHOME INVESTMENT PARTNERSHIPS AGREEMENT 2008
FUhding Approval and HOME
Investment Partnerships Agreement
OMS Approval No. 2506-0171
. ,~' (Exp.03/31/2005)
1. Participant Name and Address'
The City of Augusta, Georgia
530 Greene Street
2. Participant Number
M08-MC-13-0206
3. Tax Identification Number
58-6000513
4. Appropriation Number
see #18 below
5. FY (yyyy)
2008
Augusta, Georgia 30911
6. Previous Obligation (Enter "0" for initial FY allocation)
a. Formula Funds
b. Community Housing Development Org. (CHDO) Competitive
7. Current Transaction (+ or-)
$0
$0
a. Formula Funds
$ 1,250,053
$0
$0
$0
1. CHDO (For deobligations only)
2. Non- CHDO (For deobligations only)
b. CHDO Competitive Reallocation or Deobligation (see #18 below)
8. Revised Obligation
a. Formula Funds
$0
$0
10. Date of Obliialion (Congressional Release Date)
(mm/dd/yyyy) MAR 1 9
b. CHDO Competitive Reallocation
9. Special Conditions (check applicable box)
[8] Not applicable 0 Attached
This Agreement between the Department of Housing and Urban Development (HUD) and the Participating Jurisdiction/Entity is made pursuant to the
authority of the HOME Investment Partnerships Act (42 U.S.C. 12701 et seq.). The Participating Jurisdiction's /Entity's approved Consolidated Plan
submission/Application and 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 Participating Jurisdiction/Entity 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 Participating Jurisdiction's execution of the amendment or other consent. HUD's payment of funds under this Agreement is subject to
the Participating Jurisdiction's/Entity's compliance with HUD's electronic funds transfer and information reporting procedures issued pursuant to 24 CFR
92.502. To the extent authorized by HUD regulations at 24 CFR Part 92, HUD may, by its execution of an amendment, deobligate funds previously
awarded to the Participating Jurisdiction/Entity without the Participating Jurisdiction's/Entity's execution of the amendment or other consent. The
Participating Jurisdiction/Entity agrees that funds invested in affordable housing under 24 CFR Part 92 are repayable when the housing no longer qualifies
as affordable housing. Repayment shall be made as specified in 24 CFR Part 92. The Participating Jurisdiction agrees to assume all of the responsibility
for environmental review, decision making, and actions, as specified and required in regulation at 24 CFR 92.352 and 24 CFR Part 58.
11. For the U.S. Department of HUD (Name and Title of Authorized Official) 12. Signature
Mary D. Presley, Director, Atlanta Office of CPO
14. For the Participating Jurisdiction/Entity (Name and Title of Authorized Official)
David S. Copenhaver, Mayor
17. Check one:
16. Date
o Initial Agreement
o Amendment #
4- /Z"TfO'8
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18. Funding Information:
Source of Funds Appropriation Code
FY2008 ADDI 86 8/00205
FY2008 HOME 86 8/00205
CHDO Competitive Reallocation
Source of Funds Appropriation Code
PAS Code Amount
$9,355
$1,240,698
$
PAS Code Amount
$
$
form HUD-40093 (04/2004)