2016-340 Housing - Habitat for Humanity for FY 2014 HOME Funds

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B. The Declaration of Restrictive Covenants shall provide that each of the Project dwelling units must remain affordable for a period of ninety-nine years. Habitat shall retain full responsibility for compliance with the affordability requirement for each of the Project dwelling units, unless affordability restrictions are terminated due to the sale of the Property to a non-qualified buyer. In the event of a sale of the Property to a non-qualified buyer by the homebuyer, the Recapture Provisions of this Agreement pertain and Habitat assures compliance with affordability of each of the Project dwelling units as provided in the Declaration of Restricted Covenants on the Property. The Declaration of Restricted Covenants shall constitute and remain a lien on the Property during the entire period of affordability. C. Habitat agrees to retain full responsibility for compliance with the Affordability Requirements provided in Section IV.B above and the Recapture Provisions provided in Section 4B of Exhibit C, Declaration of Restrictive Covenants. VII. HABITAT PERFORMANCE UNDER THIS AGREEMENT A. Habitat agrees and authorizes the County to conduct on-site reviews, examine client and contractor records, client applications and to conduct any other procedures or practices to assure compliance with these provisions. B. Habitat agrees to not violate any State or Federal laws, rules or regulations regarding a direct or indirect illegal interest on the part of any employee or elected official of Habitat in the Project or payments made pursuant to this Agreement. C. Habitat agrees that to the best of its knowledge, neither the Project nor the funds provided therefore, and the personnel employed in the administration of the program shall be in any way or to any extent engaged in the conduct of political activities in contravention of Chapter 15 of Title 5, United States Code, referred to as the Hatch Act. D. Habitat shall adopt the audit requirements of the Office of Management and Budget (hereinafter "OMB") Circular A-110, "Grants and Agreements with Institutions of Higher Education, Hospitals, and Other Nonprofit Organizations," and Circular A-122, "Cost Principles for Nonprofit Organizations," and OMB Circular A-133, "Audits of Institutions of Higher Education and Other Non-Profit Institutions." Habitat shall submit to the County copy of said audit report. Habitat shall permit the authorized representatives of the County, HUD and the Comptroller General of the United States to inspect and audit all data and reports of Habitat relating to its performance under the Agreement. E. County shall provide, upon request, copies of all laws, regulations and orders cited in this Agreement. F. Habitat and County shall at all times observe and comply with Title 24 CFR Part 92 and all applicable laws, ordinances or regulations of the Federal, State, County, and local 4