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If the HOME Awardee is a Community Housing Development Organization (CHDO) and is <br />using set-aside funds under 24 CFR 92.300, the requirements in this section apply. The <br />CHDO must transfer title of the Property or Properties and the HOME obligations to the <br />eligible homebuyer(s) within the timeframe of project completion specified in section IV of <br />this Agreement. The CHDO must return any project proceeds to Orange County. <br />IX. ADMINISTRATION AND REPORTING REQUIREMENTS <br />The HOME Awardee shall submit to the County a quarterly Progress Report no later than <br />the fifth day of the months of January, April; July; October until the activity has been <br />reported completed. <br />X. MISCELLANEOUS PROVISIONS <br />A.Uniform Administrative Requirements. The HOME Awardee must comply <br />with the applicable uniform administrative requirements of 24 CFR §92.505. <br />B.Other Program Requirements. The HOME Awardee must carry out each <br />activity in compliance with all Federal laws and regulations described in 24 <br />CFR, Part 35 subparts A, B, J, K, M, and R, as applicable; 24 CFR, Part 92, <br />subpart F for homeownership projects, including but not limited to the applicable <br />property standards at 92. 251; and 24 CFR, Part 92, subpart H including but not <br />limited to labor requirements prescribed in 92.354 and the lead hazard control <br />requirements at 92.355, except that the HOME Awardee does not assume the <br />responsibilities for environmental review or intergovernmental review. <br />Applicable property standards shall apply throughout the HOME Affordability <br />Period. <br />C.Affirmative Marketing. If HOME funds will be used for housing containing <br />five (5) or more assisted units, the HOME Awardee must prepare and submit an <br />Affirmative Marketing Plan to the County. <br />D.Termination of Agreement. The full benefit of the Project will be realized only <br />after the completion of the affordability periods for all Project dwelling units. It <br />is the County's intention that the full public benefit of the Project shall be <br />completed under the auspices of the HOME Awardee for the assisted units as <br />follows: <br />1.In the event that the HOME Awardee is unable to proceed with any <br />aspect of the Project in a timely manner, and County and the HOME <br />Awardee determine that reasonable extension(s) for completion will not <br />remedy the situation, then the HOME Awardee will retain responsibility <br />for requirements for any dwelling units assisted and County will make no <br />further payments to the HOME Awardee. <br />2.In the event that the HOME Awardee, prior to the contract completion <br />date, is unable to continue to function due to, but, not limited to, <br />dissolution or insolvency of the organization, its filing a petition for <br />bankruptcy or similar proceedings, or is adjudged bankrupt or fails to <br />Docusign Envelope ID: 9307EECF-67A0-42F5-A601-DB137FFD8FA3