RECIPIENT PERFORMANCE. Section 3.01 Recipient shall act in the role of Non-Profit Owner and Developer of affordable single-family homebuyer or rental housing in accordance with the HOME INVESTMENT PARTNERSHIPS ACT OF 1990, 42 U.S.C. 12701 ET SEQ. (THE ACT) and the implementing regulations, 24 CFR PART 92, TEXAS LOCAL GOVERNMENT CODE SECTION 373.001 ET SEQ., and the HOME INVESTMENT PARTNERSHIPS PROGRAM RULES. Recipient shall perform all activities in accordance with the terms of the Performance Statement, ("Exhibit A" attached hereto); the Budget, ("Exhibit B" attached hereto); the Project Implementation Schedule, ("Exhibit C" attached hereto); the Applicable Laws and Regulations, ("Exhibit D" attached hereto); the Certifications, ("Exhibit E" attached hereto); the Community Development Services Residential Construction Standards (“Exhibit F” attached hereto), Volunteer Release and Indemnification Agreement (“Exhibit G” attached hereto), the Land Use Restriction Agreement for rental developments (“Exhibit H” attached hereto) the assurances, covenants, warranties, certifications, and all other statements made by Recipient in its application for the project funded under this Agreement; and with all other terms, provisions, and requirements set forth in this Agreement. Section 3.02 Recipient shall perform all activities in the Performance Statement substantially as submitted by the Developer in the Proposal submitted in response to the City of ▇▇▇▇▇ Request for Competitive Sealed Proposals RFP #16-057 within two (2) years of date of execution of this Agreement. Section 3.03 In the event the affordability requirements of 24 CFR Part 92 are not satisfied by Recipient hereunder, Recipient shall bear ultimate responsibility for repayment of HOME funds. Section 3.04 In the event that there is program income, repayments, and/or recaptured funds, the funds must be used in accordance with the requirements of 24 CFR 92.503, as outlined in the Performance Statement, "Exhibit A". Section 3.05 Recipient agrees to maintain itself as a CHDO in accordance with Title II of the National Affordable Housing Act (1990), as it may be amended, concerning the HOME Investment Partnership program (HOME) and 24 CFR 92.300. Section 3.06 Recipient agrees that all applicants for housing funded under this agreement will be initially qualified and approved by the City of ▇▇▇▇▇ Community Development Services Department.
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RECIPIENT PERFORMANCE. Section 3.01 Recipient shall act in the role of Non-Profit Owner and Developer of affordable single-single- family homebuyer or rental housing in accordance with the HOME INVESTMENT PARTNERSHIPS ACT OF 1990, 42 U.S.C. 12701 ET SEQ. (THE ACT) and the implementing regulations, 24 CFR PART 92, TEXAS LOCAL GOVERNMENT CODE SECTION 373.001 ET SEQ., and the HOME INVESTMENT PARTNERSHIPS PROGRAM RULES. Recipient shall perform all activities in accordance with the terms of the Performance Statement, ("Exhibit A" attached hereto); the Budget, ("Exhibit B" attached hereto); the Project Implementation Schedule, ("Exhibit C" attached hereto); the Applicable Laws and Regulations, ("Exhibit D" attached hereto); the Certifications, ("Exhibit E" attached hereto); the Community Development Services Residential Construction Standards (“Exhibit F” attached hereto), Volunteer Release and Indemnification Agreement (“Exhibit G” attached hereto), the Land Use Restriction Agreement for rental developments (“Exhibit H” attached hereto) the assurances, covenants, warranties, certifications, and all other statements made by Recipient in its application for the project funded under this Agreement; and with all other terms, provisions, and requirements set forth in this Agreement.
Section 3.02 Recipient shall perform all activities in the Performance Statement substantially as submitted by the Developer in the Proposal submitted in response to the City of ▇▇▇▇▇ Request for Competitive Sealed Proposals RFP #1618-057 037 within two (2) years of date of execution of this Agreement.
Section 3.03 In the event the affordability requirements of 24 CFR Part 92 are not satisfied by Recipient hereunder, Recipient shall bear ultimate responsibility for repayment of HOME funds.
Section 3.04 In the event that there is program income, repayments, and/or recaptured funds, the funds must be used in accordance with the requirements of 24 CFR 92.503, as outlined in the Performance Statement, "Exhibit A".
Section 3.05 Recipient agrees to maintain itself as a CHDO in accordance with Title II of the National Affordable Housing Act (1990), as it may be amended, concerning the HOME Investment Partnership program (HOME) and 24 CFR 92.300.
Section 3.06 Recipient agrees that all applicants for housing funded under this agreement will be initially qualified and approved by the City of ▇▇▇▇▇ Community Development Services Department.
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Sources: Home Program Contract
RECIPIENT PERFORMANCE. Section 3.01 Recipient shall act in the role of Non-Profit Owner and Developer of affordable single-single- family homebuyer or rental housing in accordance with the HOME INVESTMENT PARTNERSHIPS ACT OF 1990, 42 U.S.C. 12701 ET SEQ. (THE ACT) and the implementing regulations, 24 CFR PART 92, TEXAS LOCAL GOVERNMENT CODE SECTION 373.001 ET SEQ., and the HOME INVESTMENT PARTNERSHIPS PROGRAM RULES. Recipient shall perform all activities in accordance with the terms of the Performance Statement, ("Exhibit A" attached hereto); the Budget, ("Exhibit B" attached hereto); the Project Implementation Schedule, ("Exhibit C" attached hereto); the Applicable Laws and Regulations, ("Exhibit D" attached hereto); the Certifications, ("Exhibit E" attached hereto); the Community Development Services Residential Construction Standards (“Exhibit F” attached hereto), Volunteer Release and Indemnification Agreement (“Exhibit G” attached hereto), the Land Use Restriction Agreement for rental developments (“Exhibit H” attached hereto) the assurances, covenants, warranties, certifications, and all other statements made by Recipient in its application for the project funded under this Agreement; and with all other terms, provisions, and requirements set forth in this Agreement.
Section 3.02 Recipient shall perform all activities in the Performance Statement substantially as submitted by the Developer in the Proposal submitted in response to the City of ▇▇▇▇▇ Request for Competitive Sealed Proposals RFP #1624-057 025 within two one (21) years year of date of execution of this Agreement.
Section 3.03 In the event the affordability requirements of 24 CFR Part 92 are not satisfied by Recipient hereunder, Recipient shall bear ultimate responsibility for repayment of HOME funds.
Section 3.04 In the event that there is program income, repayments, and/or recaptured funds, the funds must be used in accordance with the requirements of 24 CFR 92.503, as outlined in the Performance Statement, "Exhibit A".
Section 3.05 Recipient agrees to maintain itself as a CHDO in accordance with Title II of the National Affordable Housing Act (1990), as it may be amended, concerning the HOME Investment Partnership program (HOME) and 24 CFR 92.300.
Section 3.06 Recipient agrees that all applicants for housing funded under this agreement will be initially qualified and approved by the City of ▇▇▇▇▇ Community Development Services Department.
Appears in 1 contract
RECIPIENT PERFORMANCE. Section 3.01 Recipient shall act in the role of Non-Profit Owner and Developer of affordable single-single- family homebuyer or rental housing in accordance with the HOME INVESTMENT PARTNERSHIPS ACT OF 1990, 42 U.S.C. 12701 ET SEQ. (THE ACT) and the implementing regulations, 24 CFR PART 92, TEXAS LOCAL GOVERNMENT CODE SECTION 373.001 ET SEQ., and the HOME INVESTMENT PARTNERSHIPS PROGRAM RULES. Recipient shall perform all activities in accordance with the terms of the Performance Statement, ("Exhibit A" attached hereto); the Budget, ("Exhibit B" attached hereto); the Project Implementation Schedule, ("Exhibit C" attached hereto); the Applicable Laws and Regulations, ("Exhibit D" attached hereto); the Certifications, ("Exhibit E" attached hereto); the Community Development Services Residential Construction Standards (“Exhibit F” attached hereto), Volunteer Release and Indemnification Agreement (“Exhibit G” attached hereto), the Land Use Restriction Agreement for rental developments (“Exhibit H” attached hereto) the assurances, covenants, warranties, certifications, and all other statements made by Recipient in its application for the project funded under this Agreement; and with all other terms, provisions, and requirements set forth in this Agreement.
Section 3.02 Recipient shall perform all activities in the Performance Statement substantially as submitted by the Developer in the Proposal submitted in response to the City of ▇▇▇▇▇ Request for Competitive Sealed Proposals RFP #1620-057 047 within two (2) years of date of execution of this Agreement.
Section 3.03 In the event the affordability requirements of 24 CFR Part 92 are not satisfied by Recipient hereunder, Recipient shall bear ultimate responsibility for repayment of HOME funds.
Section 3.04 In the event that there is program income, repayments, and/or recaptured funds, the funds must be used in accordance with the requirements of 24 CFR 92.503, as outlined in the Performance Statement, "Exhibit A".
Section 3.05 Recipient agrees to maintain itself as a CHDO in accordance with Title II of the National Affordable Housing Act (1990), as it may be amended, concerning the HOME Investment Partnership program (HOME) and 24 CFR 92.300.
Section 3.06 Recipient agrees that all applicants for housing funded under this agreement will be initially qualified and approved by the City of ▇▇▇▇▇ Community Development Services Department.
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