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B. National Objectives <br /> The Subrecipient certifies that the activities carried out with funds provided under this Agreement will <br /> meet one or more of the following CDBG National Objectives - 1) benefit low/moderate income <br /> persons, 2) aid in the prevention or elimination of slums or blight or, 3) meet community development <br /> needs having a particular urgency - as defined in 24 CFR Part 570.208. Briefly describe which <br /> objective(s) the activity will carry out and how this National Objective will be met. <br /> 1) Benefit low/moderate income persons <br /> This objective will be met by assisting first time homebuyers that have a household <br /> member with a permanent disability and the household income is under 80% of Area <br /> Median Income (by family size) through First Time Homebuyer Education; Budget <br /> Counseling; Down Payment Assistance and Post Purchase Counseling. <br /> Choose an item. <br /> Click or tap here to enter text. <br /> Choose an item. <br /> Click or tap here to enter text. <br /> C. Performance Monitoring <br /> The City will monitor the performance of the Subrecipient against goals and performance standards <br /> required herein through quarterly reports and site visits. Substandard performance as determined by <br /> the City will constitute non-compliance with this Agreement. If action to correct such substandard <br /> performance is not taken by the Subrecipient within a reasonable period of time, as determined by <br /> the City and after being notified by the City, contract suspension or termination procedures will be <br /> initiated. <br /> A-2 <br />