Funding Approval and HOME Investment Partnerships Agreement Funding Approval and HOME ao(9-,67/ Z U.S.Department of Housing and Urban Development
Investment Partnerships Agreement Office.of Community Planning and Development
APR 2 8 2020
Title II of the National Affordable Housing Act
1. Participant Name and Address 2: Grant Number
City Of Miami Beach M19-MC120212 W `
1700 Convention Center Drive 3a Tax Identification Number 3b. Unique Entity Identifier(formerly DUNS)
Miami Beach,FL 33139-0000 596000372 020546289
4.Appropriation Number 5. FY
869/20205 2019
6. Previous Obligation(Enter"0"for initial FY allocation) $0
a. Formula Funds $587,853.00 ,
b. Community Housing Development Org. (CHDO)Competitive $
7. Current Transaction(+or-) $587,853.00
• a Formula Funds • $587,853.00
1. CHDO(For deobligations only) $
2. Non-CHDO(For deobligations only) $ 1
b. CHDO Competitive Reallocation or Deobligation $
8. Revised Obligation $
a. Formula Funds $ ,
b. CHDO Competitive Reallocation $ '
9. Special Conditions(check applicable box) 10.Date of Obligation(Congressional Release Date)
ig Not applicable 0 Attached 10/23/2019
11. Indirect Cost Rate* 12. Period of Performance
Administering Agency/Dept. Indirect Cost Rate Direct Cost Base 10/23/2019-09/01/2027
NA . —% *If funding assistance will be used for payment of indirect costs pursuant to 2 CFR
—
_% 200, Subpart E-Cost Principles, provide the name of the department/agency, its
indirect cost rate(including if the de minimis rate is charged per 2§CFR 200.414),and
— —% ,the direct cost base to which the rate will be applied. Do not include cost rates for
subrecipients.
—
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 ineffect 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 hinds 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.
The Grantee shall comply with requirements established by the Office of Management and Budget(OMB)conceming the Universal Numbering System and System for Award
Management(SAM)requirements in Appendix A to 2 CFR part 25,and the Federal Funding Accountability and Transparency Act(FFATA)in Appendix A to 2 CFR part 170.
The Period of Performance for the funding assistance shall begin on the date specified in item 12 and shall end on S-.tember is`of the 5th fiscal year after the expiration of the
period of availability for obligation.Funds remaining in the account will be cancelled and thereafter not available for..i.=tion or expenditure for any purpose.Per 31 U.S.C.1552.
The grantee shall not incur any obligations to be paid with such assistance after the end of the Period of Perfor . ce.
13.For the U.S. Department of HUD(Name and Title of Authorized Official) 14.Si.! :tiff: 15. Date
Ann D.Chavis-HUD Community Planning and Development Directori 10/23/2019
16. For the Participating Jurisdiction/Entity(Name and Title of Authorized Official) 17. j:.nature I 18. Dateat
Jimmy L. Morales, City Manager I? /{/(I'
19:Check one:
0 Initial Agreement ❑Amendment# f
20.Funding Information: HOME •
Source.of Funds Appropriation Code PAS Code Amount .APPROVED AS TO
2019 86 9/2 0205 • HMF(G) . $585,597.00 FORM & LANGUAGE
2018 86 8/1 0205 HMF(F) $1,388.00
2017 86 7/0 0205 HMF(C) $868.00 & FOR EXrCUTION
. clQgkOftv%I I Z - 3.- 1 Q
City Attorney ,jq? Dat
Page lform HUD-40093 �j�