NATIONAL OBJECTIVE (Primary Benefit to Low and Moderate-Income Persons Sample Clauses

NATIONAL OBJECTIVE (Primary Benefit to Low and Moderate-Income Persons. The CDBG-funded activity authorized under this Agreement shall meet HUD’s national objective of primary benefit to Low- and Moderate-Income persons. At least 51 percent of the clients served will be below 80 percent of the HUD income limits for the Oxnard-Thousand Oaks-Ventura Metropolitan Statistical Area (MSA). The Subrecipient shall maintain the documentation required to be submitted by each CDBG beneficiary, describing its annual gross household income to demonstrate its eligibility to participate in this CDBG-funded activity. It is agreed that CDBG grant funds will be used by the Subrecipient to finance home repairs for income-eligible owners and that said improvements are provided at no cost to the homeowner.
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