2011-416 Housing - Orange County HOME Consortium Agreement

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G. "Federal Program Requirements" means documents issued by the U.S. Department of Housing and Urban Development describing the regulations and requirements of the HOME Program in order for funds to be awarded to participating jurisdictions as authorized in the Act. .Section II. Purpose This Agreement is to form a Consortium of units of general local government within Orange County for designation as a .Federal HUD Consortium under the Act and the Federal Program Requirements of the Act. The said Consortium is known and hereinafter may be referred to as the Orange County HOME Consortium (hereinafter "OHC"). Section III. Agreement. A. The term of this Agreement begins with the effective date of July 1, 2011. Subject to the requirements of Paragraph E of this Section, the County and Towns agree that the terms of this Agreement cover the period necessary to carry out all activities that will be funded by the federal HOME Investment Partnership Program to the Orange County HOME Consortium. The Agreement remains in effect until all HOME funded activities are complete and closed out pursuant to 2~ CFR 92.507. B. Unless otherwise terminated by agreement in writing of all parties hereto or by termination of the HOME program by HUD, this agreement shall automatically be renewed for successive -three-year qualification periods under the same terms and conditions. The parties agree that the Lead Entity will notify each consortium member in the Right Not to Participate Notice if there are any amendments that will be required to the Agreement. These changes would include, but not be limited to, changes to the management process, voting, distribution of funds, or other administrative matters. Any consortium member shall have the right to withdraw from the consortium at the beginning of any renewal period by giving notice in writing to the Lead Entity and all other consortium members at least 60 days prior to the date that this Agreement would otherwise automatically renew. For each renewal period, the Lead Entity shall, by the date specified in HUD's consortia designation notices, notify each of the consortium members in writing of its right not to participate for that renewal period and shall provide copies of all such notifications to HUD. C. The OHC Program Review Committee is authorized to provide policy oversight for planning, operations, and evaluation of OHC and the HOME Program. The Manager or his/her designee from each participating unit of local government and one (1) elected official from each jurisdiction shall be a member. Consistent with the commitment of the members of the OHC to establish a collaborative, deliberative, and inclusive process for making decisions under this Agreement, at least one representative from each of the local governments comprising the OHC must be present in order to hold an official meeting of the OHC Program Review Committee. 5