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80A - HOUSING AND SUBORDINATION LOANS
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09/17/2019
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80A - HOUSING AND SUBORDINATION LOANS
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9/12/2019 6:11:12 PM
Creation date
9/12/2019 5:58:33 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
80A
Date
9/17/2019
Destruction Year
2024
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07.`11 m, <br />Committee (TCAC). In no event can Developer charge any tenant more than such amount. <br />The City will make all best efforts to provide Developer with the maximum allowable <br />schedule of rents within no more than 30 calendar days after the date TCAC publishes the <br />allowable rent and income tables. <br />7.4 Prohibited Fees. The Developer and subsequent owner is prohibited from charging <br />fees that are not customary, consistent with HOME Regulations 24 CFR section <br />92.504(c)(3)(xi). The Developer and subsequent owner can charge reasonable application <br />fees to prospective tenants; other fees only to the extent that they are reasonable and <br />customary for the project area; and fees for services provided to tenants, provided that these <br />services are not mandatory. <br />7.5 Maintenance of the Property. Solely at Developer's expense, Developer agrees to <br />maintain the Property in a clean and orderly condition and in good condition and repair and <br />keep the Property free from any accumulation of debris and waste materials (reasonable <br />wear and tear excepted). If at any time Developer fails to maintain, or cause to be <br />maintained, the Property as required by this section, and said condition is not corrected after <br />the expiration of a reasonable period of time not to exceed thirty (30) days from the date of <br />written notice from the City, unless such condition cannot reasonably be cured within thirty <br />(30) days, in which case Developer shall have such additional time as reasonably necessary <br />to complete such cure, the City may perform the necessary maintenance and Developer shall <br />pay all reasonable costs incurred for such maintenance. The City shall inspect the Property <br />annually after the date of issuance of the Certificate of Completion as described in Article 17 <br />of this Agreement. During the affordability period, the Property must meet all applicable <br />State and local codes. The Property must be free of all health and safety defects during the <br />affordability period. <br />7.6 Obligation to Refrain from Discrimination. Developer covenants and agrees for <br />itself, its successors, its assigns and every successor in interest to the Property or any part <br />thereof, that there shall be no discrimination against or segregation of any person or group of <br />persons on account of race, color, creed, religion, sex, mental or physical disability, marital <br />status, ancestry or national origin in the sale, lease, sublease, transfer, use, occupancy, tenure <br />or enjoyment of the Property nor shall Developer itself or any person claiming under or <br />through him establish or permit any such practice or practices of discrimination or <br />segregation with reference to the selection, location, number, use or occupancy of tenants, <br />lessees, subtenants, sublessees or vendees of the Property. The foregoing covenants shall <br />run with the land and shall remain in effect for the term of this Agreement. <br />7.7 CHDO Provisions. Developer shall maintain CHDO (Community Housing <br />Development Organization) status for the term of this Agreement and the HOME <br />Regulatory Agreement in accordance with 24 CFR 92. Developer agrees to provide <br />information as may be requested by the City to document its continued compliance, <br />including but not limited to an annual board roster and certification of continued <br />compliance. <br />Developer will create and follow a tenant participation plan, as required in 24 CFR 92.303. <br />12 <br />.O A ' 46 <br />
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