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Specialist may utilize IFPN or other approved funding sources to pay for these continued <br />counseling services. <br />Any counseling services described above must be provided in accordance with the standards <br />outlined in the HHF Participant Manual and in the National Industry Standards for <br />Homeownership Education and Counseling (located online at <br />1t.d,rt;Ir IPav nr latrraoc :�vwt � N ll al oµtlt9<t�tla c afr��Cl.pS s � iwlNaiatr�,�al�: 20lndtl5t�y��,�, �atl�u�t9tlA�l�"/y�11 <br />t °a';stlt t()ct941;0 tl�iicsyil n�tl,°°k0("taAltlt�cC4'[l (the "Standards"), <br />FEES <br />The Contractor shall submit documentation and work invoices to IHCDA for fees earned on a monthly <br />basis. If the Contractor continues to perform all responsibilities without breach of this Contract, it shall be <br />eligible for HHF fees as follows: <br />1. 1lllF' 1.wa.11ig„jl�4c t�wa� _ _r$50: The Contractor shall be eligible to receive a referral fee of $50 <br />,..(tuutul ��, <br />if the Contractor accepts a client referral who has been determined to be a "pass" in the <br />COUnselorDlrect system or is a Walk-in Client. <br />2. ("onlillet Application Submission fbe ,o' 100: The Contractor shall be eligible to receive a fee of <br />$100 if the Contractor assists the client through the HI -IF unemployment bridge loan application <br />process and the client's complete application is transferred to the IFPN staff for processing, provided <br />that the client's application has been certified complete by the IFPN staff. In cases where a previously <br />approved and funded borrower who has exited the program returns with a new hardship (a "Return <br />Borrower") and the Contractor submits a newly updated complete application for such borrower, tine <br />Contractor shall be eligible for an additional payment of the Complete Application Submission fee; <br />12-1, vided,, lioNWever, that, in such case, the Contractor shall be eligible for no other additional fees for <br />a Return Borrower, <br />3. 11111.... ppdt�vgtl lcc c�!' $14 : Tine Contractor shall be eligible to receive a fee of $425 if the <br />client's HHF application is approved by the IHCDA staff and such loan closes. <br />4. 111 ll' 1,oan,t.'°losing The t�i .�� The Contractor shall be eligible to receive a fee of $75, if the <br />Contractor closes the HHF loan. <br />MAXIMUM PAYOUTS <br />The Contractor is eligible to receive no more than $650 per client in fees as set forth above. In <br />instances involving the application approval of a Return Borrower, the Contractor will be <br />eligible to claim only the HHF Approval Fee and (if applicable) the HHF Loan Closing Fee as <br />set forth above. <br />[THE REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK] <br />