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Amendment 1- HH-CIP- FE
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02. February
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2022-02-15 10:00 AM - Commissioners' Agenda
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Amendment 1- HH-CIP- FE
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Last modified
2/10/2022 1:02:54 PM
Creation date
2/10/2022 1:01:14 PM
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Meeting
Date
2/15/2022
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
d
Item
Request to Approve Amendment No. 2 to Contract HH-2020-002-HopeSource-CIP between HopeSource and Kittitas County
Order
4
Placement
Consent Agenda
Row ID
86034
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 />operatang 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 12 consecutive years of clean audits, Hope5ource uses the Abila Mlp 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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