Multifamily Housing Program Financial Management Toolkit

14c. Grantee Operations and Cooperative Agreement

Each grantee executes a Cooperative Agreement (CA) with HUD, the terms of which include the work to be performed and any special conditions or requirements. In signing the CA, grantees take full responsibility to administer, manage, and perform oversight of the PRA Program in accordance with its terms and conditions, as well as all other applicable HUD requirements [CA-3].

The following requirements, as set forth in the Cooperative Agreement, may impact grantees’ general operating policies and procedures. Please note that these topics are organized in alphabetical order: