If funds received from units of local government, churches, foundations, United Way, or state government agencies will be used to match ESG funds, copies of funding award and/or commitment letters from these sources on their official letterhead and signed by their authorized official. If the value of donated volunteer hours, donations from businesses or individuals, client rent/boarding fees or client program service fees will be used to match ESG funds, the applicant organization must provide a letter on its official letterhead signed by its board chairperson describing the records which will be maintained on these match sources, the total amount of the match expected to be received and, in the case of volunteer hours, the number of hours expected to be donated. If the value of a donated building or any lease will be used to match ESG funds, provide documentation of the fair market value of the building or lease. If staff salaries are used, the source of the funds for these salaries should be identified by the applicant organization in a letter on its official letterhead with the exact amount of match available and signed by its board chairperson. For HPP funding, no documentation is required. Aggregate match accordingly: Other Non-ESG HUD Funds Other Federal Funds State Government Local Government Private Funds Other** Fees Program Income PROGRAM INCOME (24 CFR § 84.24 and § § 576.200 (f) Costs paid by program income) RULE Program income includes any amount of a security or utility deposit returned to the recipient or subrecipient. Program income must be used as match and documented correctly. No other program income is allowed to be derived from ESG, THP or HPP. Recipients and sub-recipients are prohibited from requiring or suggesting repayment of any service or financial assistance except for security and utility deposit.
If funds received from units of local government, churches, foundations, United Way, or state government agencies will be used to match ESG funds, copies of funding award and/or commitment letters from these sources on their official letterhead and signed by their authorized official. If the value of donated volunteer hours, donations from businesses or individuals, client rent/boarding fees or client program service fees will be used to match ESG funds, the applicant organization must provide a letter on its official letterhead signed by its board chairperson describing the records which will be maintained on these match sources, the total amount of the match expected to be received and, in the case of volunteer hours, the number of hours expected to be donated. If the value of a donated building or any lease will be used to match ESG funds, provide documentation of the fair market value of the building or lease. If staff salaries are used, the source of the funds for these salaries should be identified by the applicant organization in a letter on its official letterhead with the exact amount of match available and signed by its board chairperson. For HPP funding, no documentation is required. Aggregate match accordingly: Other Non-ESG HUD Funds Other Federal Funds State Government Local Government Private Funds Other** Fees Program Income PROGRAM INCOME (24 CFR § 84.24 and § § 576.200 (f) Costs paid by program income) RULE Program income includes any amount of a security or utility deposit returned to the recipient or subrecipient. Program income must be used as match and documented correctly. No other program income is allowed to be derived from ESG, THP or HPP. Recipients and sub-recipients are prohibited from requiring or suggesting repayment of any service or financial assistance except for security and utility deposit.
ETH-PROGRAM-GUIDE.docx