STATE OF CALIFORNIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT "HCD" - (SANTA ANA ARTS COLLECTIVE, L.P. & META HOUSING PROJECT) (2)

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Meta Housing Corporation and City of Santa Ana 16 -AMSC -11200 Page 2 of 6 _W4i(1=1111V B3 The Department may approve a request from the Recipient to reallocate funds between authorized activities and itemized amounts stated in the budget for the designated Work. Changes to aggregate of ten percent or less, of the total grant amount between activity categories during the term of this Agreement, and expenditures pursuant thereto, may be made only after the Department's express written approval, but do not require a written amendment to this Agreement. 1 Other Funding sources Where the Sources and Uses set forth in this Exhibit identify funds other than Program funds, those funds shall be expended and applied to Project costs as provided therein. Recipient agrees that it will make best efforts to ensure that the other funds specified in the Sources and Uses are available for disbursement as provided in this Exhibit, and approved for the use specified in the Sources and Uses, except to the extent the Sources and Uses may be updated and modified by the Disbursement Agreement described below, The Recipient shall provide evidence and assurance of the commitment and availability of such other sources of funding identified in the Sources and Uses as provided in the Disbursement Agreement. The terms and conditions of all construction financing to be used in conjunction with the Program funds shall be subject to the Department's review and approval. 4. Completion Dates A Program funds must be disbursed no later than June 30, 2021, All un -disbursed funds remaining as of .lune 30, 2021, shall be disencumbered All invoices for payment must be submitted to the Department no later than April 1, 2021: B, This Agreement shall expire on June 30; 2036. 6. Method of Payment A. Payment shall be made as reimbursed progress payments as set forth in the Disbursement Agreement. Recipient shall request paymentfor Work completed on forms provided by the Department and subject to such documentation as the Department may require. B. The Department shall not authorize payments uniess it determines that the Program funds shall be expended in compliance with the terms and provisions of the Guidelines, the NOFA, this Agreement and the Disbursement Agreement. 6. Disbursement A reement A, The Recipient, the Department and such other parties as may be reasonably required by the Department, shall enter into a Disbursement Agreement in a form provided by the Department. The Disbursement Agreement shall contain a specific description of the Work and an updated Sources and Uses therefore, including an updated table of Sources and AMSC -Round It - Grant NQFADate: 01/29/16 Approved [late: 03116/17 Prep, Date: 07/20117