Orange County NC Website
Browse       Search
i. Habitat shall ensure access to records and financial statements, as necessary, to <br /> provide effective monitoring and evaluation of project performance. Upon reasonable <br /> advance notice, County or its authorized representatives may from time to time inspect, <br /> audit, and make copies of any of Habitat's records that relate to this contract. If any audit <br /> by County discloses that payments to Habitat were in excess of the amount to which <br /> Habitat was entitled under this contract, Habitat shall promptly pay to County the amount <br /> of such excess. If the excess is greater than 1% of the contract amount, Habitat shall also <br /> reimburse County its reasonable costs incurred in performing the audit. <br /> ii. Habitat shall maintain files of all buyers, regardless of length of occupancy, <br /> residing in assisted units. Documentation shall verify eligibility for federal assisted <br /> housing, at the point of initial closing on the unit, and every subsequent buyer thereafter <br /> for the period of affordability. Information maintained shall include buyer income level, <br /> ethnic data, female head of household, and disability status and Property and <br /> Improvement purchase price. <br /> iii. Habitat shall maintain records verifying the affordability of the assisted units. <br /> d. Notices. Any Notice shall be in writing and shall be given by depositing the same <br /> in the United States mail, post-paid and registered or certified, and addressed to the party to be <br /> notified, with return-receipt requested, or by delivering the same in person to an officer or <br /> principal of such party. Notice deposited in the mail in the manner here in above described shall <br /> be effective upon mailing. For purposes of Notice, the addresses of the parties shall, unless <br /> changed as hereinafter provided, be as follows: <br /> i. To the County: Orange County <br /> c/o Housing and Community Development <br /> Department <br /> P.O. Box 8181 <br /> Hillsborough, NC 27278 <br /> ATTN: Director <br /> ii. To Habitat: Habitat for Humanity of Orange County, NC, Inc. <br /> P.O. Box 407 <br /> Hillsborough, NC 27278 <br /> ATTN: Executive Director <br /> Either the County or Habitat may change the person or address to which any future Notice shall <br /> be given as herein provided. <br /> e. No Assignment. No transfer or assignment of the interest of Habitat in this <br /> Agreement shall occur without the prior written consent of the County; neither may Habitat <br /> assign this Agreement without the prior written consent of County. <br /> 5 <br />