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HH-AH-2020-004-HopeSource-Paulann-unsigned
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2020-08-18 10:00 AM - Commissioners' Agenda
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HH-AH-2020-004-HopeSource-Paulann-unsigned
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Last modified
8/13/2020 1:15:38 PM
Creation date
8/13/2020 1:15:08 PM
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Meeting
Date
8/18/2020
Meeting title
Commissioners' Agenda
Location
Commissioners' Auditorium
Address
205 West 5th Room 109 - Ellensburg
Meeting type
Regular
Meeting document type
Supporting documentation
Supplemental fields
Alpha Order
e
Item
Request to Approve Agreement HH-AH-2020-004-HopeSource-Paulann
Order
5
Placement
Consent Agenda
Row ID
65752
Type
Contract
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6. Sustainability: Describe your ability, experience, and resources to implement and <br />sustain the project during the term of the project. (250 words max.) <br />HopeSource has owned and operated over 300 affordable housing units throughout Central <br />Washington, has developed 26 units, and is in the process of developing another 49 units. All <br />projects have maintained their affordability over the years, are fully funded, and have sufficient <br />operating reserves to maintain the structures and serve the populations as intended. <br />HopeSource financial controls include adherence to Fiscal Policies supported by OMB Circular <br />requirements and accounting practices. HopeSource is annually audited by an external account <br />and has received L2 consecutive years of 'clean audits. HopeSource uses the Abila MIP fund <br />accounting financial management system, which is a comprehensive, configurable solution that <br />enables staff to make better financial decisions, execute financial management with greater <br />precision, and better track, report, and manage finances across the entire organization. <br />10
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