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1 <br />t es of assi nments: Develo in s stems <br />_ Yp 9 p g y and schedules for ensuring compliance , <br />with program requirements; developing agreements with entities receiving HOME <br />funds; monitoring HOME-assisted housing for progress and compliance with i <br />program requirements; preparing reports and other documents related to the r <br />program and projects; providing local officials and citizens with information about <br />the program; preparing program budgets and schedules; outreach activities; <br />monitoring program activities to assure compliance with program requirements; <br />coordinating resolution of monitoring findings; and managing or supervising <br />persons whose primary responsibilities are with regard to the program. Also <br />included are, travel costs incurred for business in carrying out the program; <br />administrative services performed under third party contracts or agreements (such <br />as legal or accounting services); and other costs for goods and services required <br />for administration of the program. <br />5. The Agency may use HOME program funds to pay for project-related soft costs, <br />which are costs related to the development or financing of HOME-assisted <br />housing. These costs must be reasonable and necessary costs that are associated <br />with the f<nancing or development {or both) of new construction, rehabilitation or <br />acquisition of housing assisted with HOME funds. These soft costs must be <br />consistent with the requirements of 24 CFR 92.208 and specifically 24 CFR 92.206 <br />(d) (6). However, in no event will the project-related soft costs exceed ten percent <br />(10%) of the Agency's total HOME funds identified in Attachment B of this <br />agreement. <br />Project related soft costs include such things as work specification preparation; <br />loan processing; construction inspections and oversight; professional services <br />required to prepare plans, drawings, or specifications of a project; costs to process <br />and settle the financing far a project, such as a private lender origination fees, <br />credit reports, fees for title evidence, recordation and filing or legal documents, <br />building permits, attorney's fees, private appraisal fees, fees for independent cost <br />estimates, builders or developers fees, and impact fees that are charged for atl <br />projects within a jurisdiction; pre-purchase homebuyer counseling fora HOME- <br />. assisted homebuyer; and, costs associated with aproject-specific environmental <br />review. <br />6. The Agency shall certify that the match requirement of 24 CFR 92.218-222, when <br />applicable, wilt be adhered to, and that non-federal funds in the sum of not less <br />than twenty-five percent of project costs shall be expended. The Agency shall <br />expend non-federal funds as matching contribution in an amount not less than <br />twenty-five percent (25%) of the to#al HOME funds requested for each eligible <br />dwelling unit. Certification of match expenditures will be provided on a dwelling <br />unit-by-dwelling unit basis and documented to the lead entity no less than <br />quarterly. This procedure will be followed until the total amount of match funds has <br />been met. <br />E. BUDGET CHANGES AND INELIGIBLE EXPENSES: <br />1. Except for changes made in accordance with subsection (2) below, any and all <br />alterations in the approved use of budgeted funds shall be subject to prior review <br />by the City. <br />2. Funds may be shifted between line items of the Project without prior approval of <br />the City only to the extent that such action does not exceed ten percent (10%) of <br />Attachm t number 2 <br />Page 10~of 362 <br />F-3 <br />