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DocuSign Envelope ID: 5C622784- 3DD9- 4F2B- 8D53- D3D3E1 D35BD4 <br />2U 1 UUU26UUW 1 b6bUU <br />RB6513 99 9158 <br />84.16, 84.21, 84.22, 84.26- 84.28, 84.30, 84.31, 84.34, 84.37, 84.40- 84.48, 84.51, 84.60- <br />84.62, 84.72, and 84.73. <br />C. Other Program Requirements. CHT must carry out each activity in compliance with <br />all Federal laws and regulations described in 24 CFR, Part 92, subpart F for <br />homeownership projects and 24 CFR, Part 92, subpart H except that the subrecipient <br />does not assume the responsibilities for environmental review or intergovernmental <br />review. <br />D. Affirmative Marketing. If HOME funds will be used for housing containing five (5) or <br />more assisted units, CHT must prepare and submit an Affirmative Marketing Plan to the <br />County, in accordance with 24 CFR 92.351. <br />E. Termination of Agreement. The full benefit of the Project will be realized only after <br />the completion of the affordability periods for all Project dwelling units. It is the <br />County's intention that the full public benefit of the Project shall be completed under the <br />auspices of CHT for the assisted units as follows: <br />1. In the event that CHT is unable to proceed with any aspect of the Project in a timely <br />manner, and County and CHT determine that reasonable extension(s) for completion <br />will not remedy the situation, then CHT will retain responsibility for requirements <br />for any dwelling units assisted and County will make no further payments to the <br />CHT. <br />2. In the event that CHT, prior to the contract completion date, is unable to continue to <br />function due to, but, not limited to, dissolution or insolvency of the organization, its <br />filing a petition for bankruptcy or similar proceedings, or is adjudged bankrupt or <br />fails to comply or perform with provisions of this agreement, then CHT shall, upon <br />the County's request, convey to the County the Property assisted with HOME funds. <br />Conveyance shall be at the sole discretion of County and on a Project dwelling unit <br />by Project dwelling unit basis. Conveyance shall be on the terms set forth herein: <br />a. Conveyance shall occur within thirty (30) days of County and CRT's agreement <br />of CHT's inability to continue as a viable organization. <br />b. CHT shall convey the Property to the County by general warranty deed, free and <br />clear of all liens and encumbrances of record except those which create a <br />beneficial interest in County (Declaration of Restrictive Covenants and Deed of <br />Trust). <br />3. This Agreement may be terminated for convenience in accordance with 24 CFR <br />85.44. <br />F. Default, Remedies. This Agreement may be terminated by a non - defaulting party upon <br />an event of default hereunder, after written notice thereof and thirty (30) days grace <br />period in which the defaulting party may act to cure. As used herein, the term "an event <br />7 <br />