Snohomish County Human Services 1/28/2019

a. The Project terminates before completion, voluntarily or involuntarily; or b. The Agency's Community Housing Improvement Program or the Agency itself ceases to exist; or c. This Agreement between the County and the Agency is terminated. 2. To the extent there are pending loans to be made at the time of any such occurrence, the Agency shall either make the pending loans and subsequently transfer the loans to the County, or notify the County that it will transfer to the County the full balance of such funds so that the County may close the pending loans. 3. The Agency shall return or repay to the County all HOME funds disbursed to it under this Agreement upon the occurrence of any of the following events: a. The housing in which HOME funds are invested does not meet the post- rehabilitation actual value specified in 24 CFR § 92.254(b)(1), PROVIDED, HOWEVER, that the Agency need only return or repay HOME funds attributable to the particular housing not meeting such affordability requirements; or b. The Agency has received HOME funds pursuant to this Agreement to pay or reimburse it for activities subsequently found to be ineligible for funding, PROVIDED, HOWEVER, that the Agency need only return or repay HOME funds attributable to the ineligible activity; c. The HOME funds disbursed by the County are not used in accordance with HOME Program requirements and this Agreement, PROVIDED, that the Agency need only return or repay HOME funds attributable to activities not undertaken in accordance with HOME Program requirements or this Agreement. d. If overpayments are made solely to the extent of the overpayment. Any HOME funds to be returned or repaid to the County must be repaid to the County's HOME Fund local account. E. Reversion of Assets All unexpended funds authorized by the Project Budget (Exhibit C) upon closeout of the Agreement shall revert to the Snohomish County HOME Exhibit A HCS-19-42-1801-198 City of Everett Page 16 of 24