Page 103

101

LSP Budget Requirements: LSP Budget Allowed Percentage Administrative and Program Expenses 12% Limit combined Administrative Costs (maximum 7.5% of total expenditures) 7.5% Outreach and Eligibility Determination 4.5% Regular/Crisis Assistance Regular Assistance Crisis Assistance (must set aside minimum of 8% budget through March 15)

Benchmarks LSP benchmarks as outlined in the grant agreement are as follows: • Obligating fifty percent (50%) of the Grantee’s LIHEAP funding under this Agreement and open carryover Agreements by January 15th, 2026; and • Obligating seventy-five percent (75%) of the Grantee’s LIHEAP funding under this Agreement and open carryover agreements by March 15th, 2026. Benchmark analysis is conducted by the IHCDA Community Programs Manager. IHCDA looks at the amount of regular, crisis, Emergency Services, and Emergency Repair and Replace benefits obligated within the statewide database in order to determine obligation level. An LSP may have to return funds if it fails to meet performance benchmarks. Funds may be reallocated to other LSPs who have met or exceeded the benchmark. IHCDA will initiate the process of recapturing funds if, upon review, it is determined that an LSP has not met their benchmarks. Furthermore, IHCDA reserves the right, as outlined in the Subgrantee Agreement, to recapture and reallocate funds as needed. Request for additional funds: An LSP must request additional funds if it is hitting its benchmarks before the program term has ended, or once it has reached 90% benefit obligation. The request for additional funds must be sent to the Community Programs Manager at eap@ihcda.in.gov from the LSP’s Executive Director, submitted on LSP letterhead and must include: • Estimated number of clients to be served and average benefit per client (this should include a summary of appointments currently scheduled and estimated number of mail-in applications to complete). • Estimated amount of funds to be used toward program administration. • Total amount of funds needed. • Estimated length of time that the funds will cover.