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5 <br /> <br /> <br />C. Owner shall ensure that the Project dwelling units meet the Section 8 Housing Quality <br />Standards (HQS) prior to leasing. All repair work must be completed in accordance with <br />applicable building and zoning ordinances and N.C. Housing Finance Agency Energy <br />Standards. <br /> <br />D. Owner is responsible for verifying the income of prospective tenants and maintaining <br />eligibility data. Owner shall maintain tenant files as part of its Books and Records as <br />required and for the period of time required by Section VIII of this Agreement. Owner <br />must provide the County an initial occupancy report verifying the income eligibility of all <br />tenants at the time of initial lease-up. Owner must furnish the County with an annual report <br />on the Project dwellings units by July 31 of each year thereafter certifying that all tenants <br />earn less than 60% of the area median income by family size, as determined by the U.S. <br />Department of Housing and Urban Development and as amended from time. <br /> <br />E. Owner must submit an annual rental operations budget to the County each year at least <br />sixty days prior to the July 1 beginning date for the fiscal year. <br /> <br />F. Owner 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 /> <br />G. Owner 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 the Owner <br />in the Project or payments made pursuant to this Agreement. <br /> <br />H. Owner 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 Institutions <br />of Higher Education and Other Non-Profit Institutions." Owner shall submit to the County <br />copy of said audit report. Owner shall permit the authorized representatives of the County, <br />and any state or federal agency required to inspect and audit all data and reports of the <br />County and Owner relating to its performance under the Agreement. <br /> <br />I. County shall provide, upon request, copies of all laws, regulations and orders cited in this <br />Agreement. <br /> <br />J. Owner certifies by executing this Agreement that Owner has not been identified, and has <br />not utilized the services of any agent or subcontractor identified, on the list created by the <br />State Treasurer pursuant to G.S. 147-86.58. By executing this Agreement Provider <br />certifies that Provider has not been identified, and has not utilized the services of any agent <br />or subcontractor identified, on the list created by the State Treasurer pursuant to G.S. 147- <br />86.81. By executing this Agreement Provider affirms Provider is and shall remain in <br />compliance with Article 2 of Chapter 64 of the North Carolina General Statutes. <br /> <br />DocuSign Envelope ID: FDEBA80C-B05F-4BF1-B91C-624A1EA2F697