This grant predevelopment agreement dated, __________________ 19____, is between ________________________
a nonprofit corporation (“Grantee”), organized and operating under ________________________
(authorizing State statute)
and the United States of America acting through the Farmers Home Administration, Department of Agriculture (“FmHA”) or its successor agency under Public Law 103-354.
In consideration of financial assistance in the amount of $______ (“Grant Funds”) to be made available by FmHA or its successor agency under Public Law 103-354 to Grantee under section 523 (b)(1)(A) of the Housing Act of 1949 to be used in (specify area to be served) ________________ for the purpose of developing a program of technical and supervisory assistance which will aid low-income families in carrying out mutual self-help housing efforts, Grantee will provide such a program in accordance with the terms of this Agreement and FmHA or its successor agency under Public Law 103-354 regulations.
Grant funds will be used for authorized purposes as contained in § 1944.410(d) of 7 CFR part 1944, subpart I, as necessary, to develop a complete program for a self-help TA grant. This will include recruitment, screening, loan packaging and related activities for prospective self-help participants.
Agreed to this __________ day of ____________ 19____.
(Name of Grantee)
By
(Signature)
(Title)
United States of America
By
(Signature)
(Title)
Farmers Home Administration or its successor agency under Public Law 103-354