Section 80. Annual performance review

A. Performance elements. The authority will review the performance of all grantees in carrying out their responsibilities under these rules and regulations and under all the applicable requirements of 24 CFR Part 511 at least every two years. These reviews will analyze whether the grantee has:

1. Carried out its activities in a timely manner, including the commitment of rental rehabilitation grant funds to specific projects;

2. Has carried out its activities in accordance with all state and federal requirements; and

3. Has a continuing capacity to carry out its activities in a timely manner.

B. Grantee reports to the authority. Each grantee must submit the following reports to the authority at such times and in such formats as the authority may prescribe:

1. Management reports. Each grantee must submit reports to the authority on the management of its rental rehabilitation grant as requested by the authority.

2. Annual performance report. Each grantee must submit an annual performance report to the authority at such times as the authority may prescribe. This report must contain such information and be in such form as prescribed by the authority, and will include at least the elements prescribed in 24 CFR 511.81(2).

C. Remedial actions and sanctions. In the event of failure by a grantee to carry out its responsibilities in administering its rental rehabilitation grant, the authority will seek remedial actions on the part of the grantee and, if necessary, impose sanctions including the recapture of uncommitted rental rehabilitation grant funds and barring the local government from future participation in the Virginia Rental Rehabilitation Program.

Historical Notes

Derived from VR400-02-0008 § 8, eff. December 18, 1984; amended, Volume 04, Issue 21, eff. June 21, 1988; Volume 05, Issue 21, eff. July 1, 1989; Volume 07, Issue 25, eff. August 20, 1991.

Statutory Authority

§ 36-55.30:3 of the Code of Virginia.