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RAHP funds will have no maximum subsidy per unit, but the development <br />portion of the award (not including O &M rent buy -down reserves) will be limited <br />to 50 percent of the total development cost of a project. <br />B. RAHP ODeratin2 and Maintenance Funds <br />The RAHP O &M funds will be administered through the King County HCD Program's <br />Homeless Housing Programs (HHP) Section. <br />The priority for RAHP O&M funds is existing projects that have been unsuccessful in <br />receiving State 2060 O &M funds or ESAP funds. <br />HHP will work with the Committee to End Homelessness to ensure that the uses of <br />RAHP O &M funds are consistent with the priorities of the Ten Year Plan to End Homelessness. <br />HHP will invite city staff and other stakeholders to participate in updating the RFP <br />parameters for O &M funds, if and when updates are necessary, and will invite the same to <br />participate on the panel to review applications for the RAHP O &M funds. The review panel will <br />recommend O &M fund awards to the JRC for final adoption. <br />RARP Interlocal Agreement 15 of 15 2012 -2014 <br />