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<br />Docusign Envelope ID: 6DA6840A-CBC0-4053-80F1-F219D97CE273 <br />MOU No. :M-017-25 <br />SCAG Project/OWP No. :305.4927.03 <br />Accounting Principles (“GAAP”), enable the determination of incurred costs as interim points of <br />completion, and provide support for payment vouchers and invoices. <br />b. The CBOs shall establish separate ledger accounts for receipts and expenditures of Grant Funds <br />and maintain expenditure details in accordance with the Scopes of Work, as outlined in the most <br />current fully executed SOW Approval Forms. <br />c. The CBOs shall maintain documentation of their financial records of expenditures incurred during <br />the course of the Project in accordance with GAAP. <br />9. Allowable Uses of Grant Funds <br />a. Grant Funds shall be expended in compliance with the REAP 2.0 Goals and Objectives. <br />i. REAP 2.0 Goals (“Goals”) are to invest in housing, planning, and infill housing-supportive <br />infrastructure across the entire state in a manner that reduces Vehicle Miles Traveled (“VMT”), <br />increases housing affordability, and advances equity. More detailed information on the Goals <br />In Processcan be found in Section 201 of the REAP 2.0 Notice of Funding Availability (“NOFA”) and <br />Final Guidelines for MPO Applicants and are made a part of the provisions of this MOU as if <br />set forth in full. <br />ii. REAP 2.0 Objectives (“Objectives”) include: (1) accelerating infill development that facilitates <br />housing supply, choice, and affordability; (2) affirmatively furthering fair housing; (3) <br />reducing vehicle miles traveled. More detailed information on the Objectives can be found in <br />Section 202 of the REAP 2.0 NOFA and Final Guidelines for MPO Applicants and are made <br />a part of the provisions of this MOU as if set forth in full. <br />b. Grant Funds shall only be used by the CBOs for activities approved by SCAG and included in the <br />Scopes of Work, as outlined in the most current fully executed SOW Approval Forms. <br />c. Grant Funds may not be used for administrative costs of persons employed by the CBOs for <br />activities not directly related to eligible activities. <br />d. The CBOs shall not use the Grant Funds for administrative costs related to the Project. For <br />purposes of this MOU, administrative costs are the costs incurred in direct support of grant <br />administration that are not included in the organization’s indirect cost pool. Additional funds may <br />be used from other sources solely contributed by the CBOs to support the CBOs’ administration <br />of the Projects. <br />i. The CBOs must clearly indicate if other funds will be used towards administrative costs on or <br />before the Effective Date of this MOU. <br />ii. If applicable, the CBOs seeking reimbursement for indirect costs and/or fringe benefits costs <br />must annually submit an Indirect Cost Allocation Plan (“ICAP”) or an Indirect Cost Rate <br />Proposal (“ICRP”) to its cognizant agency for indirect costs and/or fringe benefits costs in <br />accordance with Title 2 Code of Federal Regulations Part 200 (2 CFR 200) Uniform <br />Administrative Requirements, Cost Principles, And Audit Requirements For Federal Awards. <br />The cognizant agency for indirect costs and/or fringe benefits costs means the federal agency <br />Page 9