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2021-290-Housing-Inter-church Council Housing Corporation
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2021-290-Housing-Inter-church Council Housing Corporation
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Last modified
7/2/2021 3:19:51 PM
Creation date
7/2/2021 3:19:34 PM
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Contract
Date
6/2/2021
Contract Starting Date
6/2/2021
Contract Ending Date
6/4/2021
Contract Document Type
Contract
Amount
$165,840.00
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<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 />L. Owner hereby assures and certifies that it will comply with the regulations, policies, <br />guidelines and requirements with respect to the acceptance and use of BOND funds in <br />accordance with the policies of the County. Also, Owner certifies with respect to the <br />Project that the Project will be conducted and administered in compliance with: <br /> <br />1. Title VIII of the Civil Rights Act of 1968 (Pub. L. 90-208, 42 U.S.C. Sec 2000d at <br />seq.), as amended; and that the Owner will administer all programs and activities <br />related to housing and community development in a manner to affirmatively further <br />fair housing; <br /> <br />2. Section 504 of the Rehabilitation Act of 1973 (Pub. L. 93-112), as amended, and <br />implementing regulations when published in effect; <br /> <br />3. The Age Discrimination Act of 1975 (Pub. L. 94135), as amended, and implementing <br />regulations when published for effect; <br /> <br />4. The Fair Housing Act (42 U.S.C. 3601-20); <br /> <br />5. Lead Based Requirements at 24 CFR Part 35 <br /> <br />VIII. ADMINISTRATION AND REPORTING REQUIREMENTS <br /> <br />A. Owner shall submit to the County a quarterly Progress Report no later than the fifth day of <br />the months of January, April; July; October until the activity has been reported completed. <br /> <br />B. After completion, Owner is responsible for verifying the income of prospective tenants and <br />maintaining eligibility data. Owner shall maintain tenant files as part of its Books and <br />Records as required and for the period of time required in Section VIII. C.3 of this <br />Agreement. Owner must furnish the County with an annual report of the Project dwelling <br />units by July 31 of each year thereafter certifying that all tenants earn no more than 60% <br />of the HUD area median income by family size. <br /> <br />C. Miscellaneous Provisions <br /> <br />1. 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 <br />the auspices of the Owner for the assisted units as follows: <br /> <br />a) In the event that the Owner is unable to proceed with any aspect of the Project in a <br />timely manner, and County and the Owner determine that reasonable extension(s) <br />for completion will not remedy the situation, then the Owner will retain <br />DocuSign Envelope ID: D9F5DB48-6B35-4950-A760-8532DDEBD76E
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