Laserfiche WebLink
the rehabilitation of the homes. Such products include, but are not limited to, the following <br />features: low-flush toilets, insulation, high efficiency systems, and tankless water heaters. In <br />addition, yards will be landscaped with low-maintenance and drought tolerant plants. <br />308. Rehabilitation Act -Section 504 (As Applicable). Section 504 of the <br />Rehabilitation Act of 1973 prohibits discrimination in federally-assisted activities and programs <br />on the basis of handicap, and imposes requirements to ensure that qualified individuals with <br />handicaps have access to these programs and activities. <br />309. Property Standards. Developer shall cause the Property to meet the housing <br />quality standards set forth in 24 CFR 882.109, as well as all applicable local, state and federal <br />codes and ordinances, including zoning ordinances. Developer shall also cause the Property to <br />meet the current edition of the Model Energy Code published by the Council of American <br />Building Officials. <br />400. REHABILITATION COSTS PAID WITH NSP FUNDS. <br />In those special instances where Rehabilitation Costs will be paid with NSP Funds, the <br />following procedures shall be followed: <br />401. Rehabilitation Costs Paid with NSP Funds. It is the intent of the parties to use <br />NSP funds for acquisition and related soft costs. If there is a need to use NSP funds for <br />rehabilitation, this section will apply. In the event that NSP Funds will be used for construction <br />related expenses, Developer must also comply with the labor and Davis-Bacon regulations as set <br />forth in Section 703 hereof. The documents referenced in this Section 400 (Payment Request, <br />Release of Retention Funds, Notice of Completion) are attached hereto and incorporated herein <br />as Exhibit D. <br />402. Disbursement Requests. The Rehabilitation Portion proceeds shall be disbursed <br />on a line-item by line-item basis in accordance with the Rehabilitation Budget and subject to the <br />conditions in this section. In no event shall City have any obligation to disburse any amount for <br />any item in excess of the amount allocated to such item in the Rehabilitation Budget. <br />Disbursements shall be made only upon Developer's written request in the form of a <br />Disbursement Request showing all costs which Developer intends to fund with such <br />disbursement, itemized in such detail as City may reasonably require, accompanied in each case <br />by (a) invoices and lien releases satisfactory to City, including in any event partial lien releases <br />executed by each contractor and subcontractor who has received any payment for work <br />performed, and (b ) all other documents and information reasonably required by City. <br />Disbursement Requests shall be submitted no less than ten (10) Business Days prior to the date <br />of the requested disbursement, and shall not be submitted more often than monthly. <br />Prior to each disbursement by City of proceeds of the NSP Funds, Developer shall deliver to City <br />and to Bank a draw request ("Draw Request"), and all required supporting information as set <br />7 <br />