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Notwithstanding the minimum periods of affordability required by the HOME regulations, the term of this loan is determined by this Section I, Subsection G. Upon completion of the HOME Compliance Period, the HOME-Assisted Units shall thereafter be City-Assisted Units, and shall comply with the requirements of City- Assisted Units ("City-Assisted Units"), for the remaining term of the loan, the End Date of the Agreement, as specified in the Use Restriction Covenant Agreement. 2. City Compliance Period: For City-Assisted Units, as defined herein and in Exhibit A, the commitment to serve the target population per the terms of this Agreement will commence on the Effective Date of this Agreement and remain in effect through the term of this Loan Agreement, which shall expire on the End Date. Throughout the term of this Agreement, the City-Assisted Units shall remain affordable until the End Date, as specified in the Use Restriction Covenant Agreement. 3. This Loan Agreement may be terminated by the City as provided in Section VI-B hereof. H. Agency Operations The Agency shall provide or cause to be provided administrative, fiscal, and management services; employ staff; and purchase, rent, and use supplies and materials as needed to operate, maintain, and protect the Project in accordance with this Loan Agreement, the HOME Program statutes and the HOME Regulations. This shall include, but not be limited to, compliance with the grounds and procedures governing grievance hearings as set forth in the HOME Regulations. In addition, grievance hearings, conferences, notices, and summaries pursuant to this Loan Agreement shall be in English or in the language of the majority of residents. I. Obligations Following Termination Following expiration or termination of this Loan Agreement, the Agency's obligations to the City shall remain in full force and effect until all closeout requirements are completed. The HOME-Assisted Units shall remain in compliance with all HOME requirements until the completion of the HOME Compliance Period. Upon completion of the HOME Compliance Period, all units in the project shall remain in compliance with the requirements for City-Assisted Units through the duration of the term of this Agreement. Closeout requirements comprise all actions required to demonstrate to the City's satisfaction that all terms and conditions of the Agreement have been fulfilled, including, but not limited to, disposition of tangible property and provision of reports and data. J. Term for Expenditure of HOME Funds and Project Completion The Agency shall fully disburse the HOME funds provided under this Loan Agreement for the development of the Project in accordance with the terms hereof according to the following schedule: All HOME funds must be expended and the Project completed within four (4) years from the Effective Date of this Loan Agreement. Project completion includes, title transfers and construction completion, the final disbursement of HOME funds; the project completion information entered into the HUD information and Loan Agreement Cocoon House Page 5 of 51