|(a) Terms of Agreement. The term of an RSP Agreement
will not exceed the lesser of 36 months, or the term limitation defined
in the NOFA. Execution of an RSP Agreement does not guarantee the
availability of funds under a reservation system. Reservations submitted
under an RSP agreement will be subject to the provisions of this chapter
in effect as of the date of submission by the Administrator.
(b) Limit on Number of Reservations. The limitation
on the number of Reservations will be established in the NOFA.
(c) Administrator must remain in good standing with
the Department and the state of Texas. If an Administrator is not
in good standing, participation in the Reservation System will be
suspended and may result in termination of the RSP Agreement.
(d) Reservations will be processed in the order submitted
on the Reservation System. Submission of a Reservation consisting
of support documentation on behalf of a Household does not guarantee
(e) Reservations may be submitted in stages, and shall
be processed through each stage as outlined in the Program Manual.
(f) Administrator must submit a substantially complete
request for each stage of the Reservation as outlined in the Program
Manual. Administrators must upload all required information and verification
documentation in the Contract System. Requests determined to be substantially
incomplete will not be reviewed and may be disapproved by the Department.
If the Department identifies administrative deficiencies during review,
the Department will allow a cure period of 14 calendar days beginning
at the start of the first day following the date the Administrator
is notified of the deficiency. If any administrative deficiencies
remain after the cure period, the Department, in its sole discretion,
may disapprove the request. Disapproved requests shall not constitute
a Reservation of Funds.
(g) If a Household is determined to be eligible for
assistance from the Department, the Department will reserve up to
the maximum award amount permitted under the NOFA in Project Costs
and an Administrative Fee equal to 10% of the combined Hard and Soft
costs in the Contract System on behalf of the Household, funding permitting.