The following words and terms, when used in this chapter, shall
have the following meanings unless the context or the Notice of Funding
Availability ("NOFA") indicates otherwise. Lack of capitalization
of a term or word in this chapter does not indicate that the term
is undefined. Other definitions may be found in Tex. Gov''t Code,
Chapter 2306; Chapter 1 of this title (relating to Administration);
and Chapter 20 of this title (relating to Single Family Programs Umbrella
Rule).
(1) Developer--A nonprofit entity that receives Texas
SFNSP assistance for the purpose of:
(A) Acquiring homes and residential properties to rehabilitate
for residential purposes; and
(B) Constructing new housing in connection with the
redevelopment of demolished or vacant properties.
(2) Expended--For the purposes of contract milestones
and thresholds, "Expended" means that a complete draw request is submitted
with adequate back-up documentation; it is not necessary for staff
to have processed a draw to meet a benchmark. For all other purposes,
"Expended" means that an eligible cost was incurred and staff has
processed a draw to reimburse the expense with Texas SFNSP funds.
(3) Land Bank--A governmental or nongovernmental nonprofit
organization established, at least in part, to assemble, temporarily
manage and dispose of vacant land for the purposes of stabilizing
neighborhoods and encouraging re-use or redevelopment of urban property.
(4) Obligated--When Texas SFNSP funding has been encumbered
through contracts for goods, services or acquisition of property,
or other forms of similar transactions requiring payment that have
been determined by the Department to meet Texas SFNSP requirements.
(5) Subgrantee--A Subrecipient or a Developer.
(6) Subrecipient--Units of General Local Government
and nonprofit organizations with whom the Department contracts and
provides funding in order to undertake activities eligible for such
assistance.
(7) Texas SFNSP--Texas Single Family Neighborhood Stabilization
Program.
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