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1 RAHP Capital Funds <br />RAHP capital funds will be administered by the King County HCD's Housing Finance <br />Program (HFP), in conjunction with other fund sources administered by HFP <br />The HFP will staff the RAHP/HOME Working Group and work with staff of the <br />participating cities in King County to develop RAHP funding allocation <br />recommendations and related policy recommendations for JRC review and adoption. <br />The HFP will distribute RAHP funds through contracts pursuant to the allocations <br />adopted by the JRC, and will generate an annual RAHP report that provides information <br />about the projects that received funding in the current year, as well as the status of <br />projects awarded RAHP funds in poor year(s) <br />By request of the 2060 Planning Group, the HFP staff will apply the terms of the King <br />County Housing Opportunity Fund "HOF to RAHP contracts, with the exception of the <br />following: <br />to the extent that there are differences between the HOF guidelines and RAHP <br />guidelines, the RAHP guidelines will apply; <br />a financial match by the local government where a housing project is to be located is <br />not required, but is encouraged. <br />RAHP Guidelines/ Page 11 <br />