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2007/05/16 Council Agenda Packet
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2007/05/16 Council Agenda Packet
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Council Agenda Packet
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5/16/2007
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r, <br /> Page <br /> 2. Inherently Religious Activities 9 <br /> 3. Discrimination Against Beneficiaries or Prospective <br /> Beneficiaries 9 <br /> 4. Structures Used for Inherently Religious Activities 9 <br /> 5. Employment Discrimination 9 <br /> J. Debarred and Suspended Parties 9 <br /> III. PROJECT REQUIREMENTS 10 <br /> A. Maximum and Minimum Per-Unit Subsidy Amount 10 <br /> B. Property Standards 10 <br /> C. Qualification as Affordable Housing 11 <br /> 1 . Eligible Property Types 11 <br /> 2. Maximum Property Value 11 <br /> 3. Beneficiary 11 <br /> 4. Period of Affordability 11 <br /> 5. Recapture Provisions 12 <br /> D. Agreement with Homeowners 12 <br /> IV. FISCAL MANAGEMENT 12 <br /> A. Eligible Costs 12 <br /> B. Payment and Disbursements 13 <br /> C. Budget Revisions and Other Adjustments 13 <br /> D. Repayment of HOME and ADDI Funds 14 <br /> E. Reversion of Assets 15 <br /> F. Certification Regarding Lobbying 15 <br /> G. Limitation on Consultant Compensation 15 <br /> H. Program Income and Recaptured Funds 16 <br /> I. Shared Appreciation Costs 17 <br /> V. RECORDS AND REPORTS 17 <br /> A. Records 17 <br /> B. Reports 19 <br /> 1 . Quarterly Reports 19 <br /> 2. Annual Reports 19 <br /> 3. Other Information 20 <br /> 4. Inspections 20 <br /> VI. ENFORCEMENT OF THE AGREEMENT 20 <br /> A. Disputes 20 <br /> I <br /> HOME and ADDI Agreement between <br /> City of Everett and HomeSight ii <br />
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