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It must state that if the Metropolitan City qualifies to receive a separate allocation of <br />HOME funds, it has three options: (1) it may form a HOME consortium with the Urban <br />County, in which case it will be included as part of the Urban County when the HOME <br />funds for the county are calculated; (2) it may elect to continue to receive its separate <br />HOME grant but have the Urban County administer it; or (3) the Metropolitan City may <br />administer its HOME program on its own. Similarly, the agreement must state how the <br />Metropolitan City will treat ESG funding. <br />NOTE: If your state allows it, your Urban County and Participating UGLGs may still seek HOME or <br />ESG funds from your state government. <br />5. It must specify the qualification period for your Urban County (three fiscal years <br />covered by the JointAgreement) OR the remaining 1-2 years of your qualification <br />period (for amendments to Joint Agreements). It must also state that, by the date <br />in the Urban County Qualification Deadlines published on the HUD Exchange <br />Urban Counties website for the next qualification period, your Urban County will <br />notify the Metropolitan City by letter of its right not to participate. For Auto - <br />Renewal Joint Agreements, it must state the three additional fiscal years that will <br />be covered by the agreement when it auto -renews. <br />The qualification period for your Urban County is the next three fiscal years after your <br />county qualifies or requalifies. If your Urban County is amending a Joint Agreement, <br />the amendment must update how many years remain (one or two) in your qualification <br />period. HUD discusses amendments more in #6 below. For Auto -Renewal Joint <br />Agreements, it must state the three additional fiscal years that will be covered by the <br />agreement when it auto -renews. <br />6. For regular Joint Agreements, it must state that your Urban County and the <br />Metropolitan City will amend the agreement, if necessary, to meet requirements <br />during the Urban County's three-year qualification period. For Auto -Renewal <br />Joint Agreements, it must state that your Urban County and the Metropolitan <br />City will amend the agreement, if necessary, to meet requirements at any point <br />during the two qualification periods the agreement is in effect (including at the <br />time of requalification). <br />An amendment is any change to a Joint Agreement which must be authorized and <br />executed during an Urban County's qualification period (or also at the time of <br />requalification for an Auto -Renewal Joint Agreement). Over time, changes to laws <br />and regulations will occur that may require your Urban County to amend your Joint <br />Agreements to add new provision(s). An amendment allows your Urban County to <br />draft a separate amendment to your existing agreements that includes the new <br />provision(s) rather than drafting an entire new Joint Agreement containing the new <br />provisions. The amendment must be authorized by governing bodies and executed <br />(signed) by chief executive officers, like the Joint Agreement itself. Auto -Renewal <br />Joint Agreements may be amended at the time of requalification for the second three- <br />year qualification period, as well as during the two qualification periods, to cover any <br />605 <br />