Orange County NC Website
DocuSign Envelope ID:758215CF-OA18-45F8-8807-AB9OF35D5BA2 <br /> VIII. ADMINISTRATION AND REPORTING REQUIREMENTS <br /> Habitat shall submit to the County a quarterly Progress Report no later than the fifth day <br /> of the months of January, April; July; October until the activity has been reported completed. <br /> IX. MISCELLANEOUS PROVISIONS <br /> A. Uniform Administrative Requirements. Habitat must comply with the applicable <br /> uniform administrative requirements of 24 CFR §92.505. <br /> B. Other Program Requirements. Owner must carry out each activity in compliance with <br /> all Federal laws and regulations described in 24 CFR, Part 35 subparts A, B, J, K, M, and <br /> R, as applicable; 24 CFR, Part 92, subpart F for homeownership projects, including but <br /> not limited to the applicable property standards at 92.251; and 24 CFR, Part 92, subpart H <br /> except that the subrecipient does not assume the responsibilities for environmental review <br /> or intergovernmental review. Applicable property standards shall apply throughout the <br /> period of affordability. <br /> C. Affirmative Marketing. If HOME funds will be used for housing containing five (5) or <br /> more assisted units, Habitat must prepare and submit an Affirmative Marketing Plan to <br /> the County. <br /> D. Termination of Agreement. The full benefit of the Project will be realized only after the <br /> completion of the affordability periods for all Project dwelling units. It is the County's <br /> intention that the full public benefit of the Project shall be completed under the auspices <br /> of Habitat for the assisted units as follows: <br /> 1. In the event that Habitat is unable to proceed with any aspect of the Project in a <br /> timely manner, and County and Habitat determine that reasonable extension(s) for <br /> completion will not remedy the situation, then Habitat will retain responsibility for <br /> requirements for any dwelling units assisted and County will make no further <br /> payments to the Habitat. <br /> 2. In the event that Habitat, prior to the contract completion date, is unable to continue <br /> to function due to, but, not limited to, dissolution or insolvency of the organization, <br /> its 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 Habitat 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 Habitat's agreement <br /> of the Habitat's inability to continue as a viable organization. <br /> 6 <br />