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REV: 01-30-25 LF <br />iii. Federal Award Identification <br />Number (FAIN) <br />B-24-MC-06-0014 <br />iv. Federal Award Date January 8, 2025 <br />v. Subaward Period of Performance July 1, 2024 - June 30, 2025* <br />vi. Total Amount of Federal <br />Funds obligated to the <br />Subrecipient by the pass- <br />through entity <br /> Fifty Thousand Dollars ($50,000) <br />vii. Name of Federal awarding <br />agency, pass-through entity, and <br />contact information for awarding <br />official <br /> U.S. Department of Housing & Urban <br />Development <br />viii. Assistance Listing Number and <br />Title <br />14.218, CDBG Program for Entitlement <br />Communities <br />*Per HUD Notice #CPD-24-01 issued on January 16, 2024, HUD waived 24 CFR <br />570.200(h) and allowed reimbursement for pre-award costs incurred prior to the execution <br />of this Agreement. <br />3. USE OF FUNDS. Subrecipient will use the funds provided pursuant to Paragraph <br />1 solely for the program objectives described in Exhibit “A” and more particularly <br />described in Exhibit “B” (“Project Budget”), attached hereto and by this reference <br />incorporated herein. <br />4. CHANGES TO PROJECT. No changes in the project activities described in this <br />Agreement which is funded by the Subaward will be made without the prior written <br />consent of City. <br />5. PAYMENTS. <br />A. Program Income. Subrecipient will report all program income (as defined at <br />24 CFR Section 570.500(a)) (“Program Income”) generated by activities carried <br />out with CDBG funds made available under this Agreement. The use of Program <br />Income by Subrecipient will comply with the requirements set forth at 24 CFR <br />Section 570.504. By way of further limitations, Subrecipient may use such income <br />during the Program Year for activities permitted under this Agreement, and all the <br />provisions of this Agreement will apply to such activities. All unexpended Program <br />Income, in accordance with Section 14 of this Agreement, will be returned to City <br />at the end of the Program Year or upon the earlier termination of this Agreement. <br />ATTY/AGR.2025.008/Renaissance Entrepreneurship (Creating Economic Opportunity for Low-Income Women) (Page 2 of 18)