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City of Santa Ana <br /> 24-HHAP-10007 <br /> Page 15 of 31 <br /> EXHIBIT B <br /> 1) The Initial Disbursement of the HHAP-5 allocation includes the <br /> initial HHAP-5 base allocation, HHAP-5 planning allocation, and <br /> initial supplemental allocation. These funds will be disbursed to the <br /> Grantee upon receipt, review and approval of the completed <br /> Standard Agreement and RFF by HCD. <br /> 2) The Initial disbursement of HHAP-5 funds will be disbursed in one <br /> allocation, and issued to the Grantee, identified on the Payee Data <br /> Record Form or Government Agency Taxpayer ID Form. <br /> B. Remainder Disbursement <br /> 1) HCD will disburse the remaining fifty percent (50%) of HHAP-5 <br /> base allocation upon demonstration by a Grantee that it has <br /> complied with the requirement to contractually obligate and expend <br /> a minimum amount of its initial Round 5 base allocation, as <br /> described below, and receives approval for the submitted Updated <br /> Regionally Coordinated Homelessness Action Plan that includes <br /> updates on measures and illustrates the advancement of key <br /> actions outlined in the original Regionally Coordinated Action Plan <br /> to improve those measures, as outlined in Section 50235(h). <br /> a) A Grantee shall contractually obligate no less than seventy- <br /> five percent (75%) and shall expend no less than fifty <br /> percent (50%) of their initial fifty percent (50%) HHAP-5 base <br /> allocation by June 30, 2026. This excludes both the HHAP-5 <br /> planning allocation and the supplemental allocation. Upon <br /> demonstration by a grantee that it has complied with this <br /> requirement and receives approval for the submitted Updated <br /> Regionally Coordinated Homelessness Action Plan, HCD <br /> shall disburse to that recipient the remaining fifty percent <br /> (50%) of its HHAP-5 program allocation pursuant to Section <br /> 50234. <br /> b) If a Grantee has obligated less than seventy-five percent <br /> (75%) or expended less than fifty percent (50%) of their <br /> initial fifty percent (50%) HHAP-5 program allocation by June <br /> 30, 2026, the Grantee shall not contractually obligate or <br /> expend any remaining portion of its initial HHAP-5 program <br /> allocation, and HCD shall not allocate to the recipient the <br /> Program Name: Homeless Housing, Assistance, and Prevention Program <br /> Round 5 "HHAP-5" <br /> NDFA Date: September 29, 2023 <br /> Approved Date: August 8, 2024 <br /> Prep Date: November 1, 2024 <br />