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Home My WebLink AboutFUNDING APPROVAL AND GRANT AGREEMENT FOR NEIGHBORHOOD STABILIZATION PROGRAM 3 ! FUNDING APPROVAL AND GRANT AGREEMENT FOR NEIGHBORHOOD STABILIZATION PROGRAM 3(NSP3) FUNDS AS AUTHORIZED AND APPROPRIATED UNDER THE WALL STREET REFORM AND CONSUMER PROTECTION ACT OF 2010, AMERICAN RECOVERY AND REINVESTMENT ACT OF 2009 AND THE HOUSING AND ECONOMIC RECOVERY ACT OF 2008 (PUBLIC LAWS 111-203,111-005 and 110-289) NSP3 GRANTEE: City of Augusta, Georgia NSP3 GRANT NUMBER: B-11-MN-13-0002 NSP3 GRANT AMOUNT: $1,161,297 NSP3 APPROVAL DATE: March 8, 2011 NSP3 EXPENDITURE DEADLINE (2 YEAR): March 8, 2013 NSP3 EXPENDITURE DEADLINE (3 YEAR): March 8, 2014 GRANTEE DUNS NUMBER: 073438418 1. This Grant Agreement between the U.S. Department of Housing and Urban Development (HUD) and the Augusta, Georgia (Grantee) is made pursuant to the authority of section 1497 of the Wall Street Reform and Consumer Protection Act of 2010 (Pub. L. 111-203 (July 21, 2010)) (Dodd-Frank Act), title XII of Division A of the American Recovery and Reinvestment Act of 2009 (Public Law 111-5 (February 17, 2009)) (Recovery Act) and sections 2301 — 2304 of the Housing and Economic Recovery Act of 2008 (Public Law 110-289 (July 30, 2008)) (HERA). The program established pursuant to section 2301- 2304 of HERA is known as the "Neighborhood Stabilization Program" or "NSP." The term "NSP2" refers to the second appropriation of NSP funds provided under the Recovery Act. The additional allocation under the Frank Dodd Act represents the third round of Neighborhood Stabilization Program funding and is referred to as "NSP3." Notice of Formula Allocations and Program Requirements for Neighborhood Stabilization Program Formula Grants (Docket No. FR-5447-N-01, October 19, 2010) (NSP3 Notice); the Dodd-Frank Act; the Recovery Act; HERA; the Grantee's application for NSP3; the HUD regulations at 24 CFR Part 570 (as modified by the NSP3 Notice as now in effect and as may be amended from time to time) (Regulations); and this Funding Approval, including any special conditions, constitute part of the Grant Agreement. In the event of a conflict between a provision of the Grantee's Application and any provision of this Grant Agreement, the latter shall control. a 4 This NSP3 Grant Agreement is binding with respect to HUD in accordance with its terms upon � the execution by HUD in the space provided below, subject to execution on behalf of the Grantee. The United States Department of The Grantee Housing and Urban Development City of Augusta, Georgia . � �� < < Signature of uthorized fficial Signature of Auth 'rized Official Marv D. Presle� ��-�:=� v-� i� S. �`; 4 c%�- (�f `'� �`�--- Name of Authorized Official Name of Authorized Official �3� Director /q�� Atlanta Office of Community Planning 3�� and Development 4�' ( t� �(��{� Title of Authorized Official Title of Authorized Official Q � ��f �1 Date of igna re Date of Signature 58-2204274 Grantee Tax Identification Number For HUD CFO Use Onlv Current Balances Increases/Decreases Endin Balance Date