HOME Requirements Clause Samples

HOME Requirements. (a) Borrower shall comply with all applicable laws and regulations governing the use of the HOME Loan funds as set forth in 24 C.F.R. Part 92, including the requirements of the Regulatory Agreement. In the event of any conflict between this Agreement and applicable laws and regulations governing the use of the Loan funds, the applicable laws and regulations govern. During the HOME Term, these requirements are federal requirements, implemented by the County; thereafter, these requirements are deemed local County requirements. (b) The laws and regulations governing the use of the Loan funds include (but are not limited to) the following:

HOME Requirements. The Borrower shall carry out the design, construction and operation of the Project, and operate the Program, in conformity with all applicable laws, regulations, and rules of governmental agencies having jurisdiction, including without limitation, the HOME Requirements and the legal requirements set forth in Exhibit D attached to this Agreement and the statutes referenced therein. For purposes of this paragraph, “HOME Requirements” mean the requirements of the HOME Investment Partnership Act, as amended (42 U.S.C. § 12741, et seq.), and the implementing regulations (24 C.F.R. § 92, et seq.), and the legal requirements summarized or referenced in Exhibit No. D attached hereto and incorporated herein by this reference. [Intentionally Omitted if inapplicable.]

HOME Requirements. A new Attachment No. 18 shall be added to the OPA entitled HOME Requirements. The form of the new Attachment 18 is attached to this Second Implementation Agreement as Attachment 4. As a result of the HOME funding for the Subarea A Improvements, the Developer shall comply with and shall cause its contractors and all subcontractors to comply with the requirements of the ▇▇▇▇▇-▇▇▇▇▇ Act (40 U.S.C. 276 et seq.) in the construction of the Subarea A Improvements.

HOME Requirements. 4.1 This Project must qualify as affordable housing under the Home Investment Partnerships Program, 24 CFR Parts 92.218, 92.219, 92.220, 92.221. Specifically, the following criteria apply:

HOME Requirements. 4.1 All HOME assisted units in the Project must meet the following requirements as outlined in Subpart F of the HOME regulations (24 C.F.R. Parts 91 and 92).

HOME Requirements. (a) Borrower shall comply with all applicable laws and regulations governing the use of the HOME Funds as set forth in 24 C.F.R. 92

HOME Requirements