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<br />6.1F <br />Page 13 <br /> <br />Exhibit A <br /> <br />PROGRAM SERVICES <br /> <br />A. ACTIVITIES <br /> <br />1. Assianment and Transfer of Aareement: Notwithstanding Paragraph 7 <br />herein, this Agreement may be assigned by CHDO on behalf of very low-income <br />households (hereinafter called "Beneficiary" or "Beneficiaries") provided that very low <br />income "Beneficiaries" shall assume all rights and obligations of the CHDO hereunder, <br />in form and content satisfactory to the City. Further, CHDO agrees funds hereunder <br />are provided pursuant to 24CFR92, regulations covering the use of HOME funds for <br />eligible community housing development organizations. <br /> <br />2. Eliaible Activities: With funds provided under this Agreement, CHDO <br />shall complete development of Fifteen (15) units of supportive housing, of which Seven <br />(7) will be HOME-assisted units as stated in the Budget and Contract' Objectives, on <br />property located at 104 Cedar Street, Redwood City, California. <br /> <br />CHDO shall use the funds provided hereunder for the advancement of programs <br />which provide affordable housing and supportive services to very low income residents <br />of the City. CHDO shall coordinate its'activities with similar programs conducted by the <br />City or with other countywide organizations which provide housing and supportive <br />services to Redwood City residents, CHDO shall collaborate with similar programs in <br />order to maximize these programs and services, and the City's financial resources <br />which are available to very low-income residents. . <br /> <br />Budget Line Item HOME Total <br />Soft Costs: Architectural & $25,000 $25,000 <br />Enaineerina Fees <br />Capacity Building: Environmental, $75,000 $75,000 <br />Financial, legal & Development <br />Consultants <br />Construction $89,744.68 89,744.68 <br />Construction Mgt. Fees -0- $ -0- <br />SubTotal CHDO Setaside $ 189,744.68 $ 189,744.68 <br />Operating Expenses: Salaries & $50,000 $ 50,000.00 <br />F rinaes <br />Total Costs $239,744.68 $239,744.68 <br /> <br />ATTY/AGRI2009.001 <br />020409 <br /> <br />10 <br />