Fillable Exhibit 8 of the Cooperative Agreement (Georgia.gov)

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Exhibit 8 of the Cooperative Agreement (Georgia.gov)

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OMB Approval No. 2502-0608
(exp. 02/28/2017)
Exhibit 8 of the Cooperative Agreement
Page 1 of 10
form HUD-92235-PRA (03/2014)
PRA Demo Project Number:
811 PRA Demo Contract Number:
FHA Project Number (if applicable):
This Rental Assistance Contract (RAC) is entered into by and between _________________________________________
(Grantee), and _______________________________________________ (Owner Legal Name) for renal assisted units at
____________________________________________ (Project Name).
Statutory and Administrative Authority
. Section 811 of the Cranston-Gonzalez National Affordable Housing Act of 1990,
42.U.S.C. 8013, as amended by the Frank Melville Supportive Housing Investment Act of 2010, Pub. L. No. 111-374; the
Department of Housing and Urban Development Act, 42 U.S.C. 3531,
et seq,
and pursuant to the applicable HUD
administrative and regulatory requirements.
Purpose.
The purpose of this Contract is to provide Rental Assistance Payments on behalf of Eligible Families leasing
Decent, Safe and Sanitary Assisted Units from the Owner.
1.1 Significant Dates and Other Items; Contents and Scope of Contract.
(a) Effective Date of Contract:_________________________________________________________________,
(b) Fiscal Year. The ending date of each Fiscal Year shall be _________________________________________.
([Insert March 31, June 30, September 30, or December 31, as approved by HUD.) The Fiscal Year for the project shall
be the 12-month period ending on this date. However, the first Fiscal Year for the project is the period beginning with the
effective date of the Contract and ending on the last day of the Fiscal Year which is not less than 12 months after the
effective date. If the first Fiscal Year exceeds 12 months, the maximum total annual rental assistance payment in
section 1.1(c) will be adjusted by the addition of the pro rata amount applicable to the period of operation in excess of 12
months.
(c) Maximum Annual Contract Commitment. The maximum annual amount of the commitment for Rental Assistance
Payments under this Contract, as identified in Exhibit 1.
(d) Project Address/Description: Include the projects street address, city, county, state and zip code, block and lot
number (if known), and any other information necessary to clearly designate the covered project:
(e) Statement of Services, Maintenance and Utilities Provided by the Owner:
(1) Services and Maintenance:
(2) Equipment:
Part I of the
Rental Assistance Contract
Section 811 Project Rental Assistance (PRA Demo)
Demonstration
U.S. Department of Housing
and Urban Development
Office of Housing
Federal Housing Commissioner
Page 2 of 10
form HUD-92235-PRA (03/2014)
(3) Utilities:
(4) Other:
(f) Contents of Contract. This Contract consists of Part I, Part II and the following Exhibits:
Exhibit 1: The schedule showing the number of units by size (Assisted Units) and their applicable rents (Contract
Rents). Schedule of Assisted Units and Contract Rents
Exhibit 2: iREMS Data Record
Exhibit 3: Grantee Affirmative Fair Housing Marketing Plan, HUD-92243-PRA
Exhibit 4: Use Agreement, HUD-92238-PRA
Exhibit 5: Lease, HUD-92236-PRA
Exhibit 6: Definitions
Exhibit 7: Program Guidelines
Additional exhibits (Specify additional exhibits, if any, such as Special Conditions for Acceptance. If none, insert
“None”):
(g) Scope of Contract. This Contract, including the Exhibits, whether attached or incorporated by reference, comprises the
entire agreement between the Owner and the Grantee with respect to the matters contained in it. Neither party is bound
by any representations or agreements of any kind except as contained in this Contract, any applicable regulations, and
agreements entered into in writing by the parties which are not inconsistent with this Contract.
1.2 Term of Contract, Obligation to Operate Project for Full Term.
(a)
Term of Contract
. The term of this Contract for any unit shall be ______ years. (Note: Minimum contract term
is 20 years).
(b)
Obligation to Operate Project for Full Term
. The Owner agrees to continue operation of the Assisted Units
within the project in accordance with this Contract for the full term specified in paragraph (a).
1.3 Grantee Assurance.
(a) Grantee has or will receive funds from HUD, pursuant to Section 811 of the Cranston-Gonzalez National Affordable
Housing Act of 1990, as amended, and subject to appropriations, will provide Rental Assistance Payments for the
Assisted Units.
(b) Consistent with the Cooperative Agreement between HUD and the Grantee, Grantee shall provide Rental Assistance
Payments for Assisted Units to the Eligible Multifamily Owner, as identified under this Contract.
1.4 No Recourse Provision
(a) In the event HUD cancels the Cooperative Agreement with the Grantee or the Grantee cancels the Rental Assistance
Contract in accordance with the provisions of the RAC, the Owner agrees that it shall have no financial or legal
recourse against the Grantee.
 
 



Page 3 of 10
form HUD-92235-PRA (03/2014)
Warning:
18 U.S.C. 1001 provides, among other things, that whoever knowingly and willfully makes or uses a document
or writing containing any false, fictitious, or fraudulent statement or entry, in any matter within the jurisdiction of any
department or agency of the United States, shall be fined not more than $10,000 or imprisoned for not more than five
years, or both.
Signature Page
Name of Owner (Print)
_____________________________________________________________________________________________
_____________________________________________________________________________________________
By: ____________________________________________________________________________________________
Signature of authorized representative
Name (Print) ____________________________________________________________________________________
Official Title (Print) ________________________________________________________________________________
Date: _________________________________________
Grantee
By: ____________________________________________________________________________________________
Signature of authorized representative
Name (Print) ____________________________________________________________________________________
Official Title (Print) ________________________________________________________________________________
Date: _________________________________________
Shawn Williams
Page 4 of 10
form HUD-92235-PRA (03/2014)
Exhibit 1
Schedule of Contract Units and Contract Rents
1
Number of
Assisted Units
Number of
Bedrooms
Contract
Rent
Utility
Allowance
Gross
Rent
Maximum Annual Contract
Commitment
(Number of Assisted Units
x Gross Rent)
Total Maximum Annual Contract Commitment
2
: _________________
Total Number of Assisted Units: _________________
Total Number of Non-Assisted Units Restricted to Persons with Disabilities: _________________
Expiration Date of the Unit Restriction above, if applicable: _________________
Total Number of Units at the Property (Assisted + Non-Assisted): _________________
Percent of Assisted Units and other Units Restricted to Persons with Disabilities at the Property
3
: _________________
Instructions: This signature box should only be signed by the Owner and Grantee if the schedule of units needs an amendment.
This Exhibit was amended on_______________(date) by _________________________________________(Legal Name of Owner)
and ________________________________________________(Grantee) to be EFFECTIVE on ____________________________.
Signatures of Authorized Representatives (Sign and Print):
Owner Signature: __________________________________________ Print Name: ____________________________________
Grantee Signature: _________________________________________ Print Name: ____________________________________
1
This Exhibit must be completed and attached to the Contract at the time the Agreement is executed. It may, however, be amended in
accordance with program rules.
2
The Total Maximum Annual Contract Commitment will amend as the rent increases occur in subsequent years or as other contract
adjustments are made. To calculate the adjusted amount, refer to the Number of Assisted Units and Gross Rent identified on the rent
schedule (form HUD-92458).
3
The percentage of Assisted Units AND any other units restricted to people with disabilities MUST NOT exceed 25% of Total Number
of Units.
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Page 5 of 10
form HUD-92235-PRA (03/2014)
Exhibit 2
This Exhibit shows the additional fields that will be inputted in the project’s iREMS record.
I. Owner Information
a. Owner Entity TIN #: _____________________________________________________________________
b. Owner Entity DUNS #: ___________________________________________________________________
c. Owner Legal Structure (e.g., Limited Partnership): _____________________________________________
d. Mortgagor Type (e.g., Non-Profit, Profit Motivated): _____________________________________________
e. Owner Contact Information:
i. Name of Contact Individual: ________________________________________________________
ii. Mailing Address: _________________________________________________________________
iii. Phone: _________________________________________________________________________
iv. Fax: ___________________________________________________________________________
v. Email: __________________________________________________________________________
II. Management Agent Information
a. Management Agent Legal Name: ___________________________________________________________
b. Management Agent Address: ______________________________________________________________
______________________________________________________________________________________
c. Management Agent TIN #:_________________________________________________________________
d. Management Agent Effective Date: _________________________________________________________
e. Management Agent Contact Information
i. Name of Contact Individual: _________________________________________________________
ii. Mailing Address: _________________________________________________________________
iii. Phone: _________________________________________________________________________
iv. Fax: ___________________________________________________________________________
v. Email: __________________________________________________________________________
III. Property Information
a. Building Type:
Row Townhouse Detached Semi-Detached
Mid-Rise Walk-up/Garden High-Rise/Elevator
b. Building Count (enter numeric value): _______________________________________________________
c. Site Manager Contact Information:
i. Name of Contact Individual: _________________________________________________________
ii. Mailing Address: _________________________________________________________________
iii. Phone: _________________________________________________________________________
iv. Fax: ___________________________________________________________________________
v. Email: __________________________________________________________________________
Page 6 of 10
form HUD-92235-PRA (03/2014)
Exhibit 3
Grantee Affirmative Fair Housing Marketing Plan
Page 7 of 10
form HUD-92235-PRA (03/2014)
Exhibit 4
Use Agreement
Page 8 of 10
form HUD-92235-PRA (03/2014)
Exhibit 5
Lease
Page 9 of 10
form HUD-92235-PRA (03/2014)
Exhibit 6
Definitions
Page 10 of 10
form HUD-92235-PRA (03/2014)
Exhibit 7
Program Guidelines
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Exhibit 8 of the Cooperative Agreement (Georgia.gov)

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Completed 12 March 2021

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