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Docusign Envelope ID: B94A7A7D-AOC2-4E5C-867B-62FAAB4A6E80 <br /> interest waivers, including a Phased Implementation Waiver. Over the course of two years,under <br /> this waiver, HUD will implement the BAP in an incremental process for all HUD programs, <br /> including CPD programs, to come into compliance with BABA. This phased approach is also <br /> intended to reduce the burden on grantees due to the uncertain costs of compliance with the BAP. <br /> This approach is also intended to provide transparency concerning the full implementation plans in <br /> connection with HUD infrastructure projects. HUD wants to avoid any unnecessary and undue <br /> hardships that could jeopardize the timely and cost-effective completion of projects that previously <br /> were not subject to a BAP and to allow time for grantees to come into full compliance. <br /> In the table below,the columns identify four separate categories of covered materials subject <br /> to the BAP (iron and steel, specifically listed construction materials, not listed construction <br /> materials, and manufactured products) and the rows identify covered HUD programs. To use the <br /> table, find the program that funds the project under consideration,then find the covered materials <br /> that will be used in the project. The cell in the table where the applicable row and column intersect <br /> indicates the date on which the BAP will begin applying to the specific materials used in the project <br /> under consideration. It is important to note that the date of obligation is the date on which HUD <br /> executed the legal instrument creating the relationship between HUD and the grantee for an award <br /> of FFA, commonly the date the grant agreement is signed by HUD. <br /> 12 <br />