Orange County NC Website
All consortium members must approve the HOME program design and any <br /> Consolidated Plan amendments prior to their submission to HUD. <br /> C. The County and Towns mutually agree that the County shall act as the Lead <br /> Entity in a representative capacity for all members of OHC for the purposes of the <br /> Act and as further defined in the Federal Program Requirements for funding <br /> provided directly by HUD. The County, in its capacity as lead entity, is <br /> authorized to enter into an agreement with HUD. The Chair of the Orange <br /> County Board of Commissioners, chief elected official of the Lead Entity, acting <br /> on behalf of OHC, is authorized to submit an application for funding under the <br /> federal HOME Program, consistent with the approved HOME program design for <br /> each year. The County, as Lead Entity, is authorized to enter into agreements <br /> with non-profit organizations receiving funding under an approved HOME <br /> program design. <br /> D. The County and Towns mutually agree that the County as Lead Entity shall <br /> assume overall responsibility for ensuring that the OHC HOME program meets <br /> the requirements concerning the Consolidated Plan is accordance with HUD <br /> regulations in 24 CFR Parts 92 and 91, respectively, and the requirements of 24 <br /> CFR 92.350(a)(5); and further, ensuring that the OHC HOME program is carried <br /> out in compliance with the requirements of the Act, the Regulations and the <br /> Federal Program Requirements. The Towns agree to assist the County in <br /> maintaining compliance with the Act, the Regulations, and the State and Federal <br /> Program Requirements for the full compliance period, extending to and <br /> continuing beyond the expiration of this Agreement. <br /> E. If any new entities join OHC, the County as Lead Entity agrees to notify HUD in <br /> writing and to provide a copy of the authorizing resolution from the new <br /> members' governing body and an amendment to this Agreement signed by the <br /> chief executive officer of the new member. The County, as Lead Entity, is <br /> authorized by this agreement to amend this Agreement on behalf of the entire <br /> consortium to add new members to OHC. <br /> F. The County and the Towns mutually agree that the OHC's HOME program will <br /> provide fair and ample opportunity for all members of the consortium to access <br /> the funding brought to it in an amount that shall be determined by the State, and <br /> that the County and Towns shall be given ample opportunity to comment on and <br /> approve the distribution of all funding made available through the OHC. <br /> G. The County as Lead Entity will finance the costs of administering the HOME <br /> Program for OHC to the extent of appropriations. The County shall establish the <br /> HOME Investment Trust Fund as specified in 24 CFR Part 92.500, and will <br /> participate in the Cash Management Information System and other accounting and <br /> compliance procedures as required by HUD. <br /> 3 <br />