ACCEPTANCE OF HOME PROGRAM REQUIREMENTS Sample Clauses

ACCEPTANCE OF HOME PROGRAM REQUIREMENTS a. By accepting an award of HOME funds, HRC agrees to comply with all laws, rules and regulations related to the HOME program. HRC will comply with all applicable parts of Title II of the Xxxxxxxx-Xxxxxxxx National Affordable Housing Act, as amended; the applicable Department of Housing and Urban Development (HUD) regulations in 24 CFR Part 92, as now in effect or as they may be amended during the term of this Award Agreement; all requirements established by the City, including the applicable version of the City of Missoula HOME and CDBG Administrative Manual; applicable State and federal laws, regulations, administrative directives and procedures; and local ordinances and resolutions. b. HRC agrees that all contracts entered into by HRC for the completion of the activities described in Section 6 of this Award Agreement will contain special provisions requiring contractors to comply with all applicable requirements, as outlined in the applicable version of the City of Missoula HOME and CDBG Administrative Manual. c. HRC expressly agrees to repay to the City any and all funds advanced to HRC under this Award Agreement which HRC, its officers, employees, agents, assigns, subcontractors or subrecipient entities, or any other agent to which HRC delegates authority to carry out portions of this Award Agreement, expends in violation of the terms of this Award Agreement or in violation of any federal, state and local statutes, ordinances and/or regulations governing the HOME Program. d. HRC agrees that 100% of HOME funds will be used to benefit low- and very low-income households, as defined annually by the Department of Housing and Urban Development (HUD). The City of Missoula requires that all housing projects assisted with HOME funds continue to serve these households for a period of at least 5 years if assistance provided is less than $15,000; 10 years if assistance is $15,000 to $40,000; and 15 years if assistance is more than $40,000. HRC expressly agrees to comply with this affordability period requirement. HRC acknowledges and agrees that the City will require HRC to follow the resale provisions for this project if HRC does not meet the low -to-moderate income service requirements as specified.
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ACCEPTANCE OF HOME PROGRAM REQUIREMENTS. 1. The Developer will comply with all applicable parts and requirements of the aforementioned regulatory requirements, as now in effect or as they may be amended during the term of this Agreement; applicable state and federal laws, regulations, administrative directives and procedures; and local ordinances and resolutions. 2. The Developer agrees to the following:
ACCEPTANCE OF HOME PROGRAM REQUIREMENTS a. By accepting an award of HOME funds, AWARDEE agrees to comply with all laws, rules and regulations related to the HOME program. AWARDEE will comply with all applicable parts of Title II of the Xxxxxxxx-Xxxxxxxx National Affordable Housing Act, as amended; the applicable Department of Housing and Urban Development (HUD) regulations in 24 CFR Part 92, as now in effect or as they may be amended during the term of this Loan Agreement; all requirements established by the City, including the applicable version of the City of Missoula HOME and CDBG Administrative Manual; applicable State and federal laws, regulations, administrative directives and procedures; and local ordinances and resolutions. b. AWARDEE agrees that all contracts entered into by AWARDEE for the completion of the activities described in Section 6, “Scope of Activities,” of this Loan Agreement will contain special provisions requiring contractors to comply with all applicable requirements, as outlined in the applicable version of the City of Missoula HOME and CDBG Administrative Manual.
ACCEPTANCE OF HOME PROGRAM REQUIREMENTS. 1. The BSA will comply with all applicable parts and requirements of the National Affordable Housing Act of 1990 (as amended), as now in effect or as they may be amended during the term of this Agreement; applicable state and federal laws, regulations, administrative directives and procedures; and local ordinances and resolutions. 2. The BSA will comply with all applicable parts and requirements of Section 3 of the Housing and Urban Development (HUD) Act of 1968. 3. The BSA agrees to the following:
ACCEPTANCE OF HOME PROGRAM REQUIREMENTS a. The Awardee will comply with all applicable parts of Title II of the Xxxxxxxx-Xxxxxxxx National Affordable Housing Act, as amended; the applicable Department of Housing and Urban Development (HUD) regulations in 24 CFR Part 92, as now in effect or as they may be amended during the term of this agreement; all requirements established by the City; applicable State and federal laws, regulations, administrative directives and procedures; and local ordinances and resolutions. b. The Awardee expressly agrees to repay to the City any funds advanced to the Awardee under this Agreement which the Awardee, its subrecipient entities, or any public or private agent or agency to which it delegates authority to carry out portions of this Agreement expends in violation of the terms of this Agreement or the federal statutes and regulations governing the HOME Program.

Related to ACCEPTANCE OF HOME PROGRAM REQUIREMENTS

  • Program Requirements The parties shall comply with the Disadvantaged Business Enterprise Program requirements established in 49 CFR Part 26.

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  • CERTIFICATION REGARDING DRUG-FREE WORKPLACE REQUIREMENTS 1. The Contractor certifies that it will provide a drug-free workplace by: a. Publishing a statement notifying employees that the unlawful manufacture, distribution, dispensing, possession or use of a controlled substance is prohibited in the Contractor’s workplace and specifying the actions that will be taken against employees for violation of such prohibition;

  • CONTRACT COMPLIANCE REQUIREMENT The HUB requirement on this Contract is 0%. The student engagement requirement of this Contract is 0 hours. The Career Education requirement for this Contract is 0 hours. Failure to achieve these requirements may result in the application of some or all of the sanctions set forth in Administrative Policy 3.10, which is hereby incorporated by reference.

  • Please see the current Washtenaw Community College catalog for up-to-date program requirements Conditions & Requirements

  • Acceptance of Appointment; Standard of Performance Adviser accepts the appointment as discretionary portfolio manager and agrees to use its best professional judgment to make timely investment decisions for the Fund in accordance with the provisions of this Agreement.

  • Additional Compliance If any Proposed Key Holder Transfer is not consummated within forty-five (45) days after receipt of the Proposed Transfer Notice by the Company, the Key Holders proposing the Proposed Key Holder Transfer may not sell any Transfer Stock unless they first comply in full with each provision of this Section 2. The exercise or election not to exercise any right by any Investor hereunder shall not adversely affect its right to participate in any other sales of Transfer Stock subject to this Section 2.2.

  • W-9 Requirement Alongside a signed copy of this Agreement, Grantee will provide Florida Housing with a properly completed Internal Revenue Service (“IRS”) Form W-9. The purpose of the W-9 form is to document the SS# or FEIN# per the IRS. Note: W-9s submitted for any other entity name other than the Grantee’s will not be accepted.

  • Program Compliance The School Board shall be responsible for monitoring the program to provide technical assistance and to ensure program compliance.

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