e-snaps FAQ
Q

Can a project applicant consolidate renewal projects in the CoC Program Competition that requests rental assistance at FMR and actual rents?

Date Published: July 2019

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A

Yes. However, consolidated project application(s) cannot exceed the combined Annual Renewal Amount's (ARA) of the individual project applications. Therefore, the project application must reflect the number and configuration of units at actual rent and reflect the number and configuration of units at Fair Market Rent (FMR) that match the grant agreement, or grant agreement as amended, for the individual projects that will make up the consolidation.


Tags: e-snaps NOFAs/Notices - FY 2018 NOFA NOFAs/Notices - FY 2019 NOFA Project Application - Budgets - General Project Application - Consolidation Project Application - Fair Market Rents (FMRs) Project Application - Renewal Projects

FAQ ID:

3406