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DocuSign Envelope ID:658056BB-F456-432C-AF1 E-905B0A4F4326 <br /> B. The Declaration of Restrictive Covenants shall provide that each of the Project <br /> dwelling units must remain affordable for a period of ninety-nine years. Habitat shall <br /> retain full responsibility for compliance with the affordability requirement for each of <br /> the Project dwelling units, unless affordability restrictions are terminated due to the <br /> sale of the Property to a non-qualified buyer. In the event of a sale of the Property to <br /> a non-qualified buyer by the homebuyer, the Recapture Provisions of this Agreement <br /> pertain and Habitat assures compliance with affordability of each of the Project <br /> dwelling units as provided in the Declaration of Restricted Covenants on the <br /> Property. The Declaration of Restricted Covenants shall constitute and remain a lien <br /> on the Property during the entire period of affordability. <br /> C. Habitat agrees to retain full responsibility for compliance with the Affordability <br /> Requirements provided in Section IV.B above and the Recapture Provisions provided <br /> in Section 4B of Exhibit C, Declaration of Restrictive Covenants. <br /> VII. HABITAT PERFORMANCE UNDER THIS AGREEMENT <br /> A. Habitat agrees and authorizes the County to conduct on-site reviews, examine client and <br /> contractor records, client applications and to conduct any other procedures or practices to <br /> assure compliance with these provisions. <br /> B. Habitat agrees to not violate any State or Federal laws, rules or regulations regarding a <br /> direct or indirect illegal interest on the part of any employee or elected official of Habitat <br /> in the Project or payments made pursuant to this Agreement. <br /> C. Habitat agrees that to the best of its knowledge, neither the Project nor the funds provided <br /> therefore, and the personnel employed in the administration of the program shall be in <br /> any way or to any extent engaged in the conduct of political activities in contravention of <br /> Chapter 15 of Title 5, United States Code, referred to as the Hatch Act. <br /> D. Habitat shall adopt the audit requirements of the Office of Management and Budget <br /> (hereinafter "OMB") Circular A-110, "Grants and Agreements with Institutions of Higher <br /> Education, Hospitals, and Other Nonprofit Organizations," and Circular A-122, "Cost <br /> Principles for Nonprofit Organizations," and OMB Circular A-133, "Audits of <br /> Institutions of Higher Education and Other Non-Profit Institutions." Habitat shall submit <br /> to the County copy of said audit report. Habitat shall permit the authorized <br /> representatives of the County, HUD and the Comptroller General of the United States to <br /> inspect and audit all data and reports of Habitat relating to its performance under the <br /> Agreement. <br /> E. County shall provide, upon request, copies of all laws, regulations and orders cited in this <br /> Agreement. <br /> F. Habitat and County shall at all times observe and comply with Title 24 CFR Part 92 and <br /> all applicable laws, ordinances or regulations of the Federal, State, County, and local <br /> government, which may in any manner affect the performance of this Agreement, and <br /> 4 <br />