HomeMy WebLinkAboutbocc.con.027.2010CONTRACT # Od�7 a� io
AGREEMENT TO ADMINISTER RESIDENTIAL
ASSISTANCE PROGRAMS
THIS AGREEMENT to administer residential assistance programs ("AgreemenY'), dated for reference
purposes on this IStday of �.�/ , 2009, is made and entered into by and between Pitkin
Counry, a body politic within the Sta of Colorado, ("THE COIJNTY") and Funding Partners for Housing
Solutions, INC., ("FP"), a Colorado not-for-profit corporation.
R�CITALS
WHEREAS, THE COiJNTY has created programs for providing assistance loans to employees of Pitkin
County wishing to purchase housing within reasonable proximity to The COLJNTY ("Program"); and
WHEREAS, THE COUNTY has allocated funds in support of such Programs and may enter inio
conuactual agreements with other program participants; and
WHEREAS, THE COi1NTY envisions expansion of the availability of Financial and supportive resources
for the creation, rehabilitation and preservation of housing units to promote community and economic
development objectives within iPs and sunounding jurisdictional boundaries; and
WHEREAS, FP has special expertise in administering residential assistance programs similar to the
Program aad is experienced in administering such programs in compliance with federal and state laws
applicable to grant recipients, including laws applicable to government funds; and
WtIEREAS, THE COUNTY wants FP to administer the Program and FP is willing to do so, and both
parties want to set forth here the terms on which FP will perform such duties,
TERMS AND CONDITIONS
NOW, THEREFORE, for and in consideration of the monies to be received, the covenants and conditions
set forth herein, and for other good and valuable consideratioq the sufficiency of which is hereby
acknowledged, the parties agree as follows:
1. SCOPE OF SERVICES. FP shall provide a]] labor, services, equipment and materials reasonabiy
necessary to administer the Program in accordance with the terms, wnditions and other provisions of this
Agreement and of the investment agreements providing funding for the Program. Without limiting the
foregoing, FP shall expeditiously perform and carry out, in a satisfactory and proper manner, the "Scope of
Services" as described and set forth in E�ibit I, further described within the Program Criteria, set forth as
Exhibit 3, both of which aze attached hereto and made a part hereof by this reference; and FP shall timely
perfortn those obligations of THE COIJNTY noted within E�chibit I, the loan agreements referred fo above,
copies of which are attached hereto as E�chibit 2 and made part hereof by this reference, and such other
grants and loans which THE COUNTY may obtain during the Term of this Agreement. For purposes of
this pazagraph only, and as ro E�ibit 2 only, notwitbstanding anything to the contrary stated e(sewhere in
this Agreement, this Agreement may be amended by THE COLINTY giving notice in writing to FP
identifying additional grant, loan and other agreements that THE COUNTY may enter into to fund the
Program and such amendment shall become effective twenry-one (21) calendar days after such notice or
upon FP's acceptance of funds originating from those additional sources, unless FP within that time gives
written notice to THE COUNTY that it declines to perform the obligations contained in those additional
grants, loans and other agreements.
2. PR0IECT PAYMENTS.
a. THE COl1NTY shai] provide an amount to FP as set forth more specifically in Exhibit 1,
which shall be used solety for Program loans.
b. FP shall be compensated for its services by the following:
FP shall charge each loan recipient(s) an Application Fee not to exceed $350.00 for
each loan upon successful settlement of the purchase transaction. Application Fee
may be adjusted from time to time, as dictated by various factors, upon written
agreement to modify such fee by THE COUNTY and FP.
c. FP requests for periodic funding shall be in a form acceptable to THE COUNTY and sha[I be
submitted to THE CO(JNTY for review and approval. Requests shall be submitted with the
qualification worksheet and supported and documented on the basis of ]oans for Pitkin County
employee loans in process and reasonably expected to be funded. THE COi1NTY shall make
a reasonable effort to wire funds to FP within seven (7} calendar days of the employee's
expected loan closing date.
d. In no event shall THE COUNTY be liable for the payment of any costs of performing the
scope of services for which FP is responsible.
Funding Partners for Housing Solutions, lnc. Page 1 4/27/2009
3. PERIOD OF PERFORMANCE. The period of performance of this Agreement shall begin on _
. 2009, and continue for a term of five (5) years, provided that the term of this Agreement and all
provisions herein shall extend to and cover any additional time period during which FP remains in conffoi
of THE COUNTY'S funds or other assets.
THE COIINTY shall have the right to terminate this Agreement if FP fails to substantially adhere to the
Scope of Services set forth in Exhibit 1, and otherwise in accordance with the terms of this Agreement.
FP shall have the right to terminate this Agreement if THE COCTNTY fails to substantially adhere to its
responsibilities set forth in E�ibit 1, and otherwise in accordance with the terms of this Agreement.
4. CONTROL OF FIJNDS. In adminis[ering funds delivered to FP by THE COIINTY and funds
received by FP from program borrowers, FP shal] be acting as agent for THE COUNTY, and subject to
THE COLJNTY'S instructions, determined at THE COLJNTY'S sole discretion. THE COIJNTY, in its soie
diseretion may change Program Criteria by written notice to FP. All such funds shall be used only for the
benefit of THE COLJNTY in accordance with the terms of this Agreement.
5. ACTIVITY RESPONS[BILITY AND REPRESENTATNES. All applicable invoices,
statements, notices, inquiries, and replies shall be addressed and served upon respective representatives at
the addresses below. The following individuals are designated for the purposes of this Agreement as
representatives of THE COLJNTY and FP (or their successors or assigns) respectively:
THE COUNTY:
Pitkin County
Tel. (970)
Fa� (970)
E-mail
FP: Joe Rowan
Executive Director
Funding Partners for Housing Soiutions, Inc.
214 S. College Avenue, 2" Floor
FoR Collins, CO 80524
TeL (970) 4942021
Fax (970) 4942022
E-Mail joe@fundingpariners.org
Tha parties may change their representatives at any time by written notice to the other party.
6. INSURANCE. FP shall procure and maintain commercial general liability insurance, on a
comprehensive form, in the amount of at least $ I,000,000 per occurrence and $2,000,000 general aggregate
at its own expense during the life of this Agreement, which affords coverage for alt bodily injury, including
death, and all claims for destruction of or damage to property and personal injury azising out of or in
coonection with any operations or services performed under this Agreement. FP shall furnish I'HE
COUNTY with certificates of insurance giving evidence of such coverages and containing a provision that
the THE COUNTY shall be given thirty (30) days written notice of cancellation or material change of
coverage. The certificates shatl be £led within ten (10) days following execution ofthis Agreement.
7. WORKER'S COMPENSATION INSURANCE. FP shall procure and maintain Worker's
Compensation Insurance and Unemployment Compensation Insurance with the Colorado statutoty limits at
its own expense and as required by law. FP shall also procure and mainhain Employer's Liability coverage
in amount at least equal to the miniv(um coverage thresholds required under State of Colorado
regulation(s). All volunteers used by FP in the performance of this Agreement must be covered under FP's
Worker's Compensation Insurance or covered under a Medical, Accident, Death or Dismemberment Policy
with limits of not less than the prescribed amount. FP shall furnish THE COLJNTY with cer[ificates of
insurance giving evidence of such coverages and containing a provision that THE COiJNTY shall be given
thirty (3D) days written notice of cancellation or material change of coverage. The certi£cates shall be t'iled
within ten (10) days foltowing execution of this Agreement.
8. INDEPENDENT CONTRACTOR. In perfornting this Agreement, FP acts as an independent
contractor responsible for calculating, withholding, and paying all Federal and State taxes and foc obtaining
necessary and adequate worker's compensation insurance, general liabiliry insurance and any other
insurance required under this Agreement. FP employees are not and shall not become employees, agents or
servants of THE COLJNTY hereunder. FP and FP employees are no[ entitled to unemployment insurance
beneFts unless unemployment compensation coverage is provided by FP or some other entiry, and FP is
obligated to pay Federal and State income tax on any monies paid pursuant to this Agreement.
9. INDEMNIFICATION. FP agrees to and does indemnify and hold THE COLJNTY, its agents and
employaes, harmless from and against any and all claims, ]osses, damages, injuries and expenses (including
attorney's fees) related to or arising out of the performance of this Agrcemettt by THE COIJNTY or FP due
to [he intentional or negligent acts or omissions of FP, its subcontractors, o�cers, employees and agents, in
the performance oTthis Agreement. This indemnification shall survive completion of the Scope of Services
Funding Partners for Housing Solutions, lnc. Page 2 4/27/2009
and termination of [his Agreement. Noihing herein shall be conshved as a waiver of defenses or
immunities available to THE COLINTY under the Governmental Immunity Act.
10. COMPLIANCE WITH LOCAL. STATE AND FEDERAL LAWS. FP specifically agrees to
comply in the performance hereof with all of the requirements set forth within local, state and federa]
ordinances, codes, laws, rules, regulations, orders and guidelines that aze referred to herein and applicable
to the Scope of Services or that may be or become applicable to the Scope of Services aven though not
stated herein. The following federal ragulations aze attachad to this Agreement and are also incorporated
into this Agreement by reference as Exhibits 4, 5 and 6 respectively: OMB Circulaz A-I10, "Uniform
Administration Requirements for Grants and Agreements with Institufions of Higher Education, Hospitals
and other Non-Profit Organizations"; OMB Circular A-122 "Cost Principals for Non Profit Organizations";
and OMB Circular A-133 "Audits of Institutions of Higher Education and Other Nonprofit Institutions".
Comoliance with C.R.S. & 8-17.5-102: THE COUNTY shall not knowingly employ or contract with an
illegal alien to perform work.
Comoliance with C.R.S. & 24-76.5-103: THE COITNTY shall verify the employee's lawful presence in the
United States and a photocopy of valid driver's license or other proof of lawful presence in the United
States. The District, in its sole discretion, reserves the right to request additional proof of employee's lawful
presence in the United States."
11. PERFORMANCE REPORTS AND RECORDS.
a. FP shall prepare and submit to THE COUNTY quarterly a detailed Performance Report no
later than fifteen (]5) days after the end of each calendaz quarter. Said report shall be in a
format approved by THE COCTNTY and shall be directly related to the Scope of Services.
The contents of the report shall provide data and information to THE COIJNTY to be used for
coordinating, monitoring and evaluating the Scope oF Services to its completion. Failure to
submit these reports shall constitute a material breach of this Agreement.
b. All or some of the grants, loans and other agreements providing funding for the Programs
require periodic reporting to or made available for inspection by the funding sowce. FP shall
prepaze all such reports and copies shall be sent d'uectly to the funding source and THE
COiJNTY. If those reports provide the information required by THE COi1NTY pursuant to
subparagraph `a' hereof; then those reports shal! satisfy the requirements of that
subparagraph.
c. FP shall provide THE CO[JNTY a copy of is annual report with audited financial statements
within thirty (30) days after it is completed.
d. FP shall maintain records of funds received and disbursed, correspondence, loan applications,
loans funded, promissory notes, security instruments, and such other records as may be
required by THE COUNTY'S funding sources for the duration of this Agreement, and for
such longer time as may be required by a funding source. In no event shall such records be
destroyed or discazded prior to their being tendered to THE COUNTY upon the termination
of this Agreement or as may be agreed otherwise, in writing, between parties. THE
COUNTY, its funding sources, and, if applicable, state and federal auditors, shall have access
to those records, with or without notice, in accordance with the grants, contracts and other
agreements and in accordance with laws, rules and regulations applicable to them.
12. TERMINATION.
a. Termination for Cause bv THE COUNTY. If, for any reason, FP shall fail to substantially
perform the work requ'ved by the Scope of Sarvices under this Agreement or fails to ensure
the performance of, by 1ega1 means if necessary, the work called for herein with such
diligence as will ensure its completion, or materialty fails to comply with any of the terms,
conditions, or other provisions of this Agreement which shall constitute a violation or breach
of this Agreement, and shall fail to cure the default within fifteen (15) days following written
notice thereof by THE COiJNTY, THE COIJNTY may terminate this Agreement by giving
written notice to FP. In addition to the other remedies available to it, in the event THE
COUNTY terminates this Agreement due to FP's failure to cure any default as provided
hereinabove or due to FP's breach or violation of any covenant, agreement or assurance
herein, THE COLTNTY retains the right and may, at its option, make written demand for
repayment of, and FP sha]] immediately upon receipt of such written demand of THE
COUNTY, repay all sums received by FP from THE COUNTY under this Agreement as of
the date of said demand, net of loan disbursements pursuant to this Agreement, plus interest
thereon at a rate equal to the rate established by the funding sources plus reasonable expenses
incutted by THE COiJNTY, including reasonable attomey's fees incurred in recovering said
sums. If THE COIJNTY does not prevail, FP is entitled to recover its attorney's fees.
b. Termination for Cause bv FP. If, for any reason, THE COiINT'Y shall fail to substantially
perform the work required of it by this Agreement, or fails to ensure the performance of, by
legal means if necessary, the work called for herein with such diligence as will ensure its
completion, or materially fails to comply with any of the terms, conditions, or other
Funding Partners for Housing Solutions, Inc. Page 3 4/27/2009
provisions of this Agreement which shall constitute a violation or breach of this Agreement,
and shall fail to cure the default within fifteen (15) days following written notice thereof by
FP, FP may terminate this Agreement by giving written noticc to THE COIINTY. In
addition to the other remedies available to it, in the event FP terminates this Agreement due
to THE COLJNTY'S failure to cure any default as provided hereinabove or due to THE
COIJNTY'S breach or violation of any covenant, agreement or assurance herein, FP is
entitled to recover all expenses incutted by it as a result of the violation, including reasonable
attomey's fees incumed in enforcing its rights under this Agreement. If FP does not prevail,
THE COCiNTY is entitled to recover its attorney's fees.
c. Termination for the Convenience of THE COLJNTY. This Agreement may be terminated by
THE COUNTX at any such time in advance of the end of the Period of Performance. FP
shall give THE COIJNTY written notice of any such termination at least sixty (60) days in
advance of the effective date thereoF and shall state in the notice the reason or reasons for the
termination and the effective date of termination. FP shall be paid for the documented direct
and incidental termination expenses due to the termination as aze muwally agreed.
d. Termination for the Convenience of FP. FP may terminate this Agreement at any time in
advance of the end of the Period of Performance. FP shall give THE COIJNTY written
notice of any such termination at least sixty (60) days in advance of the effective date thereof
and shall state in the notice the reason or reasons for the termination and the effeclive date of
termination. FP shall neither be paid nor be considered eligible for payment of termination
expenses, incidental, direct or consequential costs or damages or loss of profits due to the
termination.
e. Records. Upon any termination of this Agreement in advance of its expiration date,
undelivered documents, maps, models, photographs, reports or copies thereof prepared by FP
or its subconuactors for use in performance under this Agreement, shall be delivered
immediatety to THE COUNTY in the'v state oF preparation at the time of termination subject
to the provisions of any termination agreement or order providing otherwise. FP shall also
immediately notify THE COi1NTY of all subconuacts, purchase orders, pending ]oans or
other commitmenu of FP which shall be outstanding on the termination date and shall take
such action with respect thareto as the parties hereto shall mutually determine. No
termination hereunder shall relieve FP of its responsibilities to maintain Scope of Services
records in accordance with this Agreement.
Reversion of Funds. Upon termination of this Agreement, FP shall transfer to THE
COIJNTY all funds, notes, accounts receivable, and deeds of trust attributable to the
Programs on hand at the time of termination.
g. Ciose-ou[s. FP obligations to THE CO[JNTY shall not end until all close-out requirements
aze completed. Activities during this close-out period shall include, but aza not limited to;
making final payments, disposing of program assets (including the retum oF al] unused
materials or equipment that is the property of THE COUNT'Y, unspent cash advances, notes,
deeds of trust, security, program income baiances, copias of transferred records, and
receivable accounts to THE COLJNTY upon close-out or upon THE COLJNTY'S request),
and determining the custodianship of records.
13. AMENDMENTS.
a. Either party to this Agreement may request Amendments to this Agreement at any time, but
no change shall be binding unless it is mutually agreed upon by both parties to this
Agreement. All Amendments shall be in writing and authorized prior to any work being
done thereon by an executed amendment to this Agreement. This pazagraph nohaithstanding,
additions to E�ibit 2 may be made in accordance with Paragraph 1 hereof.
b. Any change in or new federal, state or local law, rule, Executive Order, Office of
Management & Budget Circulaz, or regulation under which this Scope of Services is to be
pezformed which may constitutionally applied to this Scope of Services and which, by its
terms, is intended to be applied to this Scope of Services, shall be deemed to be incorporated
into this Agreement.
14. INTEGRATED DOCUMENT. This AgreemenY including all e�chibits embodies the entire
understanding between THE COiINTY and FP Tor the Scope oF Services and their terms and conditions.
No verbal agreements or conversation with any officer, agent or employee of THE COiJNTY or FP prior to
or subsequent to the execution of this Agreement shall affect or modify any of the terms or obligations
contained in any documents comprising this Agreement.
15, NON-ASSIGNABILITY. FP may subcontract the performance under this Ageement in whole or
in part; however, the responsibiliry for the performance of this Agreement shall not be assigned or
transferred by FP without the prior written consent of THE COIJNTY, which THE COiJNTY may grant or
withhold in its sole discretion.
16. SIJCCESSORS. FP covenants that the provisions of this Agreement shall be binding upon its
heirs, successors, subcontractors, representatives and agents.
Funding Partners for Housing Solutions, Inc. Page 4 4/27/2009
17. INCORPORATION BY REFERENCE. All of the parts of this Agreement and those which may
become properly appended hereto, and all applicable federal, state and local laws, rules, regulations,
circulars, Executive Orders and this Scope of Services, and any other document referenced for
incorporation are inwrporated herein by this reference.
18. SEVERABILITY CLAUSE. The declazation by any court or other binding lega( au[hority that
any provision of this contract is illega] and void shall not aflact the legality and enforceabiliry of any other
provision of this contract unless said provisions are mutually dependent.
IN WITNESS WHEREOF, the parties have caused this agreement to be duly executed on this
� g�{'day of � Q,�" , 2009.
u
FUNDING PARTNE FOR�IOUSING SOLUTIONS, INC.
�A,�o�frado Not-for-Profit Corporation:
Joe Rowan — Executive Director
Pitkin County
A body politic in the State of Colorado:
/ �r
G%"/ / .
By; �f i r r�t�2 �-✓ c�uNr�i vn(� �2
Name / Tit�e
Funding Parmers for Housing Solutions, lnc. Page 5 4/27/2009
EXHIBIT 1
SCOPE OF SERVICES
A. THE COUNTY shall adopt all elements of the Programs and assume a leadership role to inform
employees of the availabiliry and general guidelines of the Program and all other programs subsequenUy
inrroduced under this agreement ("Programs"), whereas FP shall administer all functional aspects of the
Programs, performing all those acts reasonably necessaty to fund and service residential assistance loans.
This includes, but is not limited to:
FP wil( receive funds from THE COUNTY for use in the Programs. FP will exercise reasonable
diligence to safeguard such funds from loss or misuse, preserving those funds for the
implementation of these Programs. FP may, though shall not be required, to maintain a sepazate
loan fund, but FP shall be required to account For all monies received from or held for the benefit
of THE COIJNTY.
THE COLJNTY'S funding sources for the Programs include or may include public and
discretionary funds as well as private contributions. The laws, rules and regulations applicable to,
and the terms and conditions of, these respective sources oF funds differ. FP therefore must
account for the funds received from each of these respective sources of funds sepazately. THE
CO[JNTY shall be responsible for informing FP as to the origin and identity of all funds upon
delivery to FP.
Loans originated and funded under these Programs may be attributable to more than one source, as
permitted under the agreement between THE COIJNTY and applicable funding sources and terms
of the Programs loan are compatible with the underlying funding source(s). When it has sufficient
funds from multiple sources to fund any given Programs loan, FP shall select the source in the
order specified by THE COLTNTY. If sufficient funds aze available and THE COUNTY has not
otherwise ]imited participatioq loan applicants may select from available Program loan term
offerings, subject to applicant qualifications, compatibility with other financing sources and
individual preference.
THE CO[JNTY will deliver monies for the Programs to FP as needed for the Programs. As
available capital allows, FP shall request funds from THE COUNTY for individual loan closings
under the Programs upon presentation of payment request and supporting documentation to
evidence the existence of such Program loans. THE COLJNTY will make a reasonable effort to
process and deliver funds to FP seven (7) calendar days prior to the employee's expected loan
closing date. FP shall coordinate loan funding with THE COLINTY to insure timely performance
under terms of the real estate sales contract.
FP will receive, review and accept or reject loan applications from, or on behalf of, prospective
borrowers in the Programs, utilizing the Program Criteria adopted by THE COiJNTY. The
Program Criteria are attached hereto as E�ibit 3 and incorporated herein by reference. The
Program Criteria may be changed Gom time-to-time by THE COIJNTY, in its sole discretion, by
written notice of such change to FP, with any such change applied to loan applications which have
not been accepted by FP as of the date such changes are received by FP, or tha effective date
stated in the notice, if any.
If an application is accepted, FP shall prepaze all of the documents necessary to manifest the loan,
THE COUNTY'S security interest, the conformance of the loan to the respective Program, and
compliance with all applicable laws, rules and regulations, in addition to conformance with terms
and conditions of the underlying funding source of the loan.
FP shall coordinate with transaction participants to facilitate the origination of loans under these
Programs. FP shall assist THE COIJNTY with public education regarding the criteria for these
Programs, though THE CO[JNTY shall retain responsibility for such education. FP may elect to
delegate its documentation and loan document presentation responsibilities to THE COiJNTY or
other sufficiently qualified party in the transaction, though such delegation shall not relieve FP of
the responsibility to THE COIJNTY for proper documentation and finai presentation.
FP shall invoice borrowers periodically, when applicable, according to the terms of the loan
agreement, receive payments, record transactions, deposit payments for the benefit of THE
COUNTY, and perform all necessary accounting functions for such activities as may be required
by THE CO(INTY or underlying funding sources, when appropriate. FP shall process the
cancellation of evidence of indebtedness and release of security interest as loans aze fully satisfied.
FP shall inform THE COUNTY of a borrower's default or suspected default of any term or
condition of the loan agreement, though THE CO[JNTY will assume full responsibility for
exercising remedies of default as specified in the loan and security instrument, including
foreclosure or treatment under bankruptcy proceedings of the borrower.
B. FP shall prepare those periodic reports as are required by respective funding sources, and deliver
copies directly to THE COIJNTY.
Funding Partners for Housing Solutions, Inc. Page 6 4/27/2009
C. All funds held for the benefit of THE COLINTY shalf be held in federally-insured, interest-bearing
accounts, in compliance with Colorado law applicable to the investment of public funds. FP shall notify
THE COiJNTY of the institution(s) and the respective account identification(s}. THE COLJNTY retains
the right to approve such institutions, approval for which shall not be unreasonably withheld. In the event
THE COLJNTY should become dissatisfied with a depository institution for any reason, THE COLJNTY
shall notify FP in writing and FP shall transfer al] funds to an approved institution within thirty (30)
calendar days of such notice.
D. THE COtJNTY shall retain sole responsibility for determining eligibility of loan applicants under
prevailing Program Criteria of those Programs covered under this Agreement. If FP denies an application
for material reasons, FP shall deliver written notice ("Notice of Credit DeniaP'), specifying the reasons for
denial and source(s) of any adverse verification, if applicable, to the applicant and THE COIINTY within
three (3) business days of such determination. Prior to issuance of a Notice of Credit Denial, FP shall
deliver to THE COiJNTY a loan Qualification Worksheet that demonstrates all relevant application detail
and reasons for denial. THE COUNTY reserves the right to accept FP determination or approve any such
application raquest through internal policy and procedure and advise FP of such final credit determination.
FP shall abide by any decision rendered by THE COIJNTY and accept the application as compliant to the
Program Criteria. Except giving Notice of Credit Denial, FP shall assume no responsibiliry with respect to
THE CO[JNTY loan approval or borrower appeal where any appeal process shal] be determined solely by
THE COUNTY.
E. FP shall execute, as loan servicing agent for THE COLJNTY, security instruments, releases,
conveyances, and such other documents as are reasonably necessary to document, enforce and release loaas
and the securiry therefore, subject to the limitations and conditions of, and only to the extent authorized to
do so by, where evidence of such power is demonstrated by the agreement herein.
Funding Partners for Housing Solutions, Ina Page 7 4/27/2009
EXHIBIT 2
GRANT, LOAN & FUNDING AGREEMENTS
Attachments to this E�ibit include:
Progam funding ageements (if applicable)
Funding Parmers for Housing Solutions, Inc. Page 8 4/27/2009
EXHIBIT 3
PROGRAM CRITERIA
Attachments to this E�chibit include:
BeneSt Description
Loan Policies & Procedures — Contract Loan Servicing
Funding Partners for Housing Solutions, Inc. Page 9 4/27/2009
I�:�_� I Cjfl l[!
OMB CIRCULAR A-110
htto://www.w6itehouse.aov/omblcirculars/a ll 0/a 110.htm1
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EXHIBIT 5
OMB CIRCULAR A-122
httn://www.whitehouse.¢ov/omb/circulars/a122/a122 2004.odf
Funding Partners for Housing Solutions, Inc. Page ll 4/27/2009
EXHIBIT 6
OMB CIRCULAR 1-133
htto:/lwww.whitehouse.eov/omb/circutars/a 133/a133. ndf
htta://www.whitehousc.eov/¢oodbve/944d4168ead4937e11473dc94060d968d8da71 a3
.html
htta:l/www.whitchouse.eov/omb/circulars/a133 comoliance/04/04toc.html
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