Okla. Admin. Code § 330:45-11-1
Current through Vol. 42, No. 8, January 2, 2025
Upon final selection of an Applicant, OHFA will obligate Grant funds quarterly based on invoices received from Recipient. Quarterly billing may be conducted on a monthly reimbursement of Recipient's costs. OHFA, at its discretion, may advance payments of Recipient's estimated costs on a monthly basis. Recipient's costs include Administrative Fees which would be allocated either monthly or quarterly based upon the appropriate billing cycle. OHFA reserves the right to obligate funds over a shorter or longer length of time if deemed necessary by OHFA.
Okla. Admin. Code § 330:45-11-1