Res 1987-035 - Laserfiche WebLink

Home Browse Search

Eligible rehabilitation costs shall include only: 1. The actual rehabilitation costs necessary to: (i) correct substandard conditions as referred to in 24 CFR 511.10(c)(2); (ii) make essential improvements including energy-related repairs and improvements to permit the use of rehabilitated projects by handicapped persons; (iii) repair major housing systems in danger of failure; and 2. Other costs (soft costs) that are associated with the rehabilitation or rehabilitation financing and are not for services provided or costs incurred by the Contractor. Such soft costs may include (but are not limited to) those costs referred to in 24 CFR 511.10(g)(2). C. Contractor shall not use rental rehabilitation funds provided under this contract for administrative costs incurred by Contractor in carrying out its responsibilities under the Rental Rehabilitation Program. Administrative costs prohibited under this subsection include. but are not limited to. staff and consultant salaries and operating expenses of Contractor. SECTION 7. MAINTENANCE. RETENTION. ACCESSIBILITY AND PUBLIC DISCLOSURE OF RECORDS A. Contractor shall maintain records in such form and such manner as may be prescribed by HUD or Department that clearly document performance under each program requirement set forth in Subpart B of 24 CFR 511 and that include. at a minimum, (i) records sufficient to meet HUO requirements for the disburse- ment of rental rehabilitation funds pursuant to 24 CFR 511.74; (ii) data on the racial. ethnic and gender characteristics of tenants. applicants for tenancy, and owners of the rehabilitated projects; and (iii) data indi- cating the race and ethnicity of households displaced as a result of program activities, and, if available. the address and census tract of the housing units to which each displaced household is relocated. Records required to be maintained under this subsection A shall be retained for a period of three years from the date of final closeout of the rental rehabilitation grant award to the State of Texas under which monies for this contract were made available. B. Contractor shall maintain fiscal records and supporting documentation for all expenditures of funds made under this contract in a manner which conforms to HUD requirements, the Management Standards (except to the extent that Department establishes variations from the Management Standards in accordance with Section 6 of such Act). and this contract. Contractor shall comply with the retention and custodial requirements for records as set forth in Attachment C of OMB Circular A-1O2, as supplemented by Section 5.154 of the Management Standards (except to the extent that Department establishes variations therefrom). C. Contractor shall give the United States Department of Housing and Urban Development. the Inspector General, the Comptroller General of the United States. the Auditor of the State of Texas. and Department. or any of their duly authorized representatives. access to and the right to examine. excerpt and transcribe all books, accounts, records. reports. files, and other papers. things. or property belonging to or in use by Contractor pertaining PAGE 4 OF 11