Texas Administrative Code › Title 10 - COMMUNITY DEVELOPMENT › Part 1 - TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS › Chapter 26 - TEXAS HOUSING TRUST FUND RULE › Subchapter B - AMY YOUNG BARRIER REMOVAL PROGRAM › Section 26.24 - Amy Young Barrier Removal Program Reservation System Requirements

Current through Reg. 49, No. 28; July 12, 2024
(a) Terms of Agreement. The term of an RSP
				  Agreement will not exceed the lesser of 36 months, or the term limitation
				  defined in the NOFA. Execution of an RSP Agreement does not guarantee the
				  availability of funds under a reservation system. Reservations submitted under
				  an RSP agreement will be subject to the provisions of this chapter in effect as
				  of the date of submission by the Administrator.
(b) Limit on Number of Reservations. The
				  limitation on the number of Reservations will be established in the
				  NOFA.
(c) Administrator must remain
				  in good standing with the Department and the state of Texas. If an
				  Administrator is not in good standing, participation in the Reservation System
				  will be suspended and may result in termination of the RSP Agreement.
(d) Reservations will be processed in the
				  order submitted on the Reservation System. Submission of a Reservation
				  consisting of support documentation on behalf of a Household does not guarantee
				  funding.
(e) Reservations may be
				  submitted in stages, and shall be processed through each stage as outlined in
				  the Program Manual. All stages must be completed on or before the expiration of
				  the Household Assistance Contract.
(f) Administrator must submit a substantially
				  complete request for each stage of the Reservation as outlined in the Program
				  Manual. Administrators must upload all required information and verification
				  documentation in the Contract System. Requests determined to be substantially
				  incomplete will not be reviewed and may be disapproved by the Department. If
				  the Department identifies administrative deficiencies during review, the
				  Department will allow a cure period of 14 calendar days beginning at the start
				  of the first day following the date the Administrator is notified of the
				  deficiency. If any administrative deficiencies remain after the cure period,
				  the Department, in its sole discretion, may disapprove the request. Disapproved
				  requests shall not constitute a Reservation of Funds.
(g) If a Household is determined to be
				  eligible for assistance from the Department, the Department will issue a
				  Household Assistance Contract reflecting the maximum award amount permitted
				  under the NOFA in Project Costs and an Administrative Fee equal to 10% of the
				  combined Hard and Soft costs in the Contract System on behalf of the Household,
				  funding permitting. The term of the Household Assistance Contract may not
				  exceed 12 months unless amended in accordance with this Subchapter.
(h) Amendments to Household Assistance
				  Contracts may be considered by the Department provided the approval does not
				  conflict with the state regulations governing use of these funds, or impact
				  obligation or expenditure deadlines. The Executive Director's authorized
				  designee may approve an amendment that:
(1)
				  extends the term of a Household Assistance by not more than three
				  months;
(2) extends the draw period
				  by not more than three months after the expiration of the Household Assistance
				  Contract; or
(3) increases Project
				  funds within the limitations set forth in this Chapter.