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R2005-159 AUTHORIZING EXECUTION OF AGREEMENT
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R2005-159 AUTHORIZING EXECUTION OF AGREEMENT
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12/7/2015 3:41:07 PM
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Resolution/Ordinance
Res Ord Num
R2005-159
Res Ord Title
AUTHORIZING EXECUTION OF AGREEMENT - NEIGHBORHOOD HOUSING DEVELOPMENT CORPORATION - HOME PROGRAM
Approved Date
11/7/2005
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, . , <br /> 2. Failure to comply with the terms and conditions of this Agreement, including <br /> those specified in items A. through D. above; <br /> 3. Failure to comply with HUD program guidelines. <br /> The City shall notify NHDC before any such termination takes place and allow <br /> opportunity for review and correction of problems. If termination of the project is then <br /> determined to be necessary, repayment of the total amount of HOME funds expended on <br /> the project shall be made to the City prior to the end of that current fiscal year. If <br /> problems are not corrected within the agreed time period, the City may determine that <br /> there has been a breach of this agreement and may take legal action. , <br /> V. PROJECT PROCEEDS �' <br /> Upon completion of each project,NHDC shall report the amount of all project proceeds <br /> generated by activities carried out with HOME funds made available under this contract, <br /> and the use to which the HOME proceeds will be allocated. As set forth in 24 CFR <br /> 92.300(a)(2), the use of HOME proceeds by NHUC shall be only for HOME-eligible or <br /> other housing activities to assist low-income persons. Up to ten percent (10%) of the <br /> � HOME proceeds may be used for CHDO operating and administrative expenses. HOME <br /> proceeds must be committed or expended within one year of the date they are generated <br /> (e.g., date of sale of a HOME-assisted rehabilitation or construction project), or the City <br /> of Decatur may, at its discretion,require that they be returned to the City for use in its <br /> HOME-funded activities. <br />� <br /> VI. TECHNICAL ASSISTANCE <br /> The City shall provide technical assistance to NHDC upon request, at no additional cost, <br /> to guide the organization in the proper administration of the HOME funds. <br /> VII. AFFIlZMATIVE ACTION <br /> A. Affirmative Marketing <br /> As specified in 24 CFR 92.351,NHUC will develop and adhere to an Affirmative <br /> Marketing plan for its projects. This will consist of actions to provide information and <br /> otherwise attract eligible persons in the housing market area to the available housing <br /> without regard to race, color,national origin, sex, religion, familial status or disability. <br /> The Affirmative Mazketing plan shall be submitted to the City prior to the payout of any <br /> reimbursement requests under this Agreement. <br /> B. W/N�E <br /> NHDC will use its best efforts to afford minority and women-owned business enterprises <br /> the maximum practicable opportunity to participate in the performance of this contract. <br /> As used in the contract, the term "minority and female business enterprise" means a <br /> business at least fifty-one percent (51%) owned and controlled by minority group <br /> members or women. For the purpose of this definition, "minority group members" are <br /> Afro-Americans, Spanish-speaking, Spanish surnamed or Spanish-heritage Americans, <br /> Asian Americans, and American Indians. NHDC may rely on written representations by <br /> 5 <br />
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