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<br />Exhibit A-1 <br />HCS-23-42-2002-198(1) <br />City of Everett <br /> Page 3 of 24 <br />Agreement may be terminated by either party as provided in the Basic Terms <br />and Conditions Agreement. <br /> <br />E. Term for Commitment of HOME Funds <br /> <br />1. The Agency shall fully commit the 2020 HOME funds and the 2019 Program <br />Income provided under this Agreement to homeowners for housing <br />rehabilitation loans for the Project in accordance with the terms hereof by <br />June 30, 2025. <br /> <br />2. On the ending date indicated above, the Agency shall no longer be entitled <br />to commit funds for the Project pursuant to this Agreement. If the Agency <br />does not fully commit the 2020 HOME funds or the 2019 Program Income <br />funds by the date indicated, the allotment to the Agency referred to in <br />Section I hereof shall be reduced by the amount so not committed, <br />PROVIDED, HOWEVER, that this limitation shall not apply to the Post 2019 <br />Program Income generated from repayments of the initial HOME-funded <br />loans, which Program Income shall be used in accordance with Section IV- <br />F of Exhibit A hereof. <br /> <br />F. Term for Expenditure of HOME Funds <br /> <br />1. The Agency shall fully expend the 2020 HOME funds and 2019 Program <br />Income provided under this Agreement for the Project in accordance with <br />the terms hereof by June 30, 2025. <br /> <br />2. On the ending date indicated above, the Agency shall no longer be entitled <br />to draw against the corresponding 2020 HOME funds and 2019 Program <br />Income pursuant to this Agreement. If the Agency does not fully expend <br />the funds by the date indicated, the allotment to the Agency referred to in <br />Section I hereof shall be reduced by the amount not so expended, <br />PROVIDED, HOWEVER, that this limitation shall not apply to the Post 2019 <br />Program Income generated from repayments of the initial HOME-funded <br />loans, which Program Income shall be used in accordance with Section IV- <br />F of Exhibit A hereof. <br /> <br />G. Agency Operations <br /> <br /> The Agency shall provide administrative, fiscal, and management services for <br />the Project in accordance with this Agreement, the HOME Program statutes <br />(including the Act), and the HOME Regulations. In addition, the Agency shall <br />take reasonable steps to ensure meaningful access to its programs and <br />activities by persons with limited English proficiency, and shall be guided in <br />those efforts by HUD’s “Final Guidance to Federal Financial Assistance <br />Recipients Regarding Title VI Prohibition Against National Origin Discrimination