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11. 11 _Property Standards. Vista Del Rio shall cause the Property to meet the housing quality standards set forth in 24 CFR 882.109, as well as all applicable local, state and federal codes and ordinances, including zoning ordinances. Vista Del Rio shall also cause the Property to meet the current edition of the Model Energy Code published by the Council of American Building Officials. 11.12 [Intentionally Omitted] 11.13 Other Program Requirements. Vista Del Rio shall carry out each activity in compliance with all federal laws and regulations described in subpart H of 24 CFR 92, except that Vista Del Rio does not assume City's responsibilities for environmental review in 24 CFR 92.352 or the intergovernmental review process in 24 CFR 92.359. 11.14 _Request for Disbursements of Funds. Notwithstanding anything contained in this Agreement to the contrary, Vista Del Rio may not request disbursements of funds under this Agreement until the funds are needed for payment of eligible costs and all applicable Conditions Precedent are satisfied. The amount of each request shall be limited to the amount needed to reimburse Vista Del Rio for Vista Del Rio's actual expenditures, as described in Article 6, et seq. 11.15 Eligible Costs. Vista Del Rio shall use HOME Program funds only to pay costs defined as "eligible costs" pursuant to 24 CFR 92.206. 11.16 Records and Reports. Vista Del Rio shall maintain and from time to time submit to City or Successor Agency such records, reports and information as the Executive Directors may reasonably require in order to permit City and Successor Agency to meet the record keeping and reporting requirements required of it pursuant to 24 CFR 92.508. 11.17 Reserved. 11.18 Conflict of Interest. Vista Del Rio shall comply with and be bound by the conflict of interest provisions set forth at 24 CFR 570.611, as well as state regulations pertaining to conflict of interest. 11.19 Monitoring. Vista Del Rio shall allow the City to conduct annual inspections of the HOME Units on the Property as required by the Program after the date of construction completion, with reasonable notice. Vista Del Rio shall cure any defects or deficiencies found by the City while conducting such inspections within thirty (30) days of written notice thereof, or such longer period as is reasonable within the sole discretion of the City. Health and Safety Code section 33418 requires that the Successor Agency monitor, on an ongoing basis, any affordable housing. 11.20 Recertification of Tenant Income. (a) Vista Del Rio shall take all necessary steps to review the income of all tenants prior to renting to them, as well as reviewing current tenants on an annual basis, in accordance with HOME regulations and guidelines. Every fifth (5th) year, Vista Del Rio shall require new original income documents to be submitted by tenants. Tenants in HOME Units whose incomes no longer comply with federal income guidelines shall have their rents adjusted in accordance with federal HOME guidelines (24 CPR 92.252- 92.253) and the regulations governing projects receiving federal Low Income Housing Tax Credits. 27 DOCSOC/1475221v10/200272 -0004