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� Fund�ng Approval and HOME u.s.Department of Housing OMB Approval No.2506-0171
<br /> and Urban Development (Exp.05/31/2007)
<br /> I�:�,iestment Partnerships Agreement Office of Community Planning
<br /> Title II of the National Affordable Housing Act and Development
<br /> Public reporting burden for this collection of information is estimated to average 1 hour per response, including the time for reviewing instructions, searching
<br /> existing data sources,gathering and maintaining the data needed,and completing and reviewing the collection of information.This agency may not conduct or
<br /> sponsor,and a person is not required to respond to,a collection of information unless that collection displays a valid OMB control number.
<br /> The HOME statute imposes a significant number of data collection and reporting requirements. This includes information on assisted properties, on the
<br /> owners or tenants of the properties, and on other programmatic areas. The information will be used: 1) to assist HOME participants in managing their
<br /> programs; 2) to track performance of participants in meeting fund commitment and expenditure deadlines; 3) to permit HUD to determine whether each
<br /> participant meets the HOME statutory income targeting and affordability requirements; and 4)to permit HUD to determine compliance with other statutory
<br /> and regulatory program requirements.This data collection is authorized under Title II of the Cranston-Gonzalez National Affordable Housing Act or related
<br /> authorities. Access to Federal grant funds is contingent on the reporting of certain project-specific data elements. Records of information collected will be
<br /> maintained by the recipients of the assistance. Information on activities and expenditures of grant funds is public information and is generally available for
<br /> disclosure. Recipients are responsible for ensuring confidentiality when public disclosure is not required.
<br /> 1. Participant Name and Address 2. Participant Number
<br /> PAUL OSBORNE M-06-MG17-0203
<br /> MAYOR,CITY OF DECATUR 3. Tax Identification Number
<br /> 36-6001308
<br /> #1 GARY K.ANDERSON PLAZA 4. Appropriation Number
<br /> 86 X 0205
<br /> DECATUR,II.62523-1196 5. FY(yyyy)
<br /> 2007
<br /> 6. Previous Obligation(Enter"0"for initial FY allocation) $
<br /> ;,=,.. .,._ .. � -�..:a
<br /> a. Formula Funds ` `�'.� "���;����
<br /> � ��: A�} .��� *s �"
<br /> �;:i.�;�a,�:,t =<.�,,�a'y,�
<br /> b. Community Housing Development Org.(CHDO)Competitive $ ,y�;�;,.���:��::•'�,. ,;�°,.s,,: ��,��'
<br /> 7. Current Transaction(+or-) $538,274
<br /> a. Formula Funds $538,274 ' �,'�'��', ; � . :.r-:,..�,1�;�...-, ,:,
<br /> „.�';;�;r ';�°��r ;�;,�.. f='��
<br /> Y-� .,�.�uw>' �.. _ R r,:.� � '
<br /> 1. CHDO(For deobligations only) � ��`'�p�''`� :��`�__"
<br /> =,:5.-,:-Sk`:�.�La'iffi�`:',
<br /> ,fi�.� . .,:-._'a-,..
<br /> 2. Non-CHDO(For deobligations only) �Y;;,::"' �
<br /> � �,� M� ::.x:; ,:�:'�,+"i;eGri'f
<br /> b. CHDO Competitive Reallocation or Deobligation (see#18 below) $ ` 4�. LL!': .s�",;:;''�`'_�"=` '4'°"���'"',�"�`k'^^`�
<br /> �s:;• ;-;�;; „:i;�y'"' ._�:,,,:�_`°;
<br /> 8. Revised Obligation �
<br /> a. FormulaFunds $ �''�'�' `�'�='��
<br /> ,�`a���- ��� ">'
<br /> b. CHDOCompetitiveReallocation $ s�°�;=�`' '-
<br /> 9. Special Conditions(check applicable box) 10. Date of Obligation(Congre Release Date)
<br /> ❑ Not applicable � Attached (mm/dd/yyyy)M�Y /1 v �
<br /> This Agreement between the Department of Housing and Urban Development (HUD) and the Participating Jurisdiction/Entity is made pursuant to the
<br /> authority of the HOME Investment Partnerships Act (42 U.S.C. 12701 et seq.). The Participating Jurisdiction's /Entity's approved Consolidated Plan
<br /> submission/Application and the HUD regulations at 24 CFR Part 92 (as is now in effect and as may be amended from time to time) and this HOME
<br /> Investment Partnership Agreement, form HUD-40093, including any special conditions,constitute part of this Agreement. Subject to the provisions of this
<br /> Agreement, HUD will make the funds for the Fiscal Year specified,available to the Participating Jurisdiction/Entity upon execution of this Agreement by the
<br /> parties. All funds for the specified Fiscal Year provided by HUD by formula reallocation are covered by this Agreement upon execution of an amendment
<br /> 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
<br /> the Participating Jurisdiction's/Entity's compliance with HUD's electronic funds transfer and information reporting procedures issued pursuant to 24 CFR
<br /> 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
<br /> awarded to the Participating Jurisdiction/Entity without the Participating Jurisdiction's/Entity's execution of the amendment or other consent. The
<br /> Participating Jurisdiction/Entity agrees that funds invested in affordable housing under 24 CFR Part 92 are repayable when the housing no longer qualifies
<br /> as affordable housing. Repayment shall be made as specified in 24 CFR Part 92.The Participating Jurisdiction agrees to assume all of the responsibility
<br /> for environmental review,decision making,and actions,as specified and required in regulation at 24 CFR 92.352 and 24 CFR Part 58.
<br /> 11.For the U.S.Department of HUD(Name and Title of Authorized Official) 1 Signature `� � 13.Date
<br /> RAY E. WILLIS, DIRECTOR, COMMUNITY PLANNING & DEV. � AY ]� 6 �
<br /> ;
<br /> 14. For the Participating Jurisdiction/Entity(Name and Title of Authorized Official) , ature 16. Date� � ^
<br /> PAUL OSBORNE, MAYOR, CITY OF DECATUR G�;�, ��/���� /' I
<br /> ;,wl �",,l l l
<br /> 17.Check one:
<br /> � Initial Agreement ❑ Amendment#
<br /> 18. Funding Information: CHDO Competitive Reallocation
<br /> Source of Funds Approqriation Code PAS Code Amount Source of Funds Approariation Code PAS Code Amount
<br /> $ $
<br /> $ $
<br /> $
<br /> form HUD-40093(04/2004)
<br />
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