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4 requirements of this Grant Agreement , the applicable regulations and statutes . Further, the said limited partnership shall own the project site throughout that twenty - year period . If grant funds were not used for acquisition , rehabilitation or new construction , then the period shall not be twenty years , but shall be for the term of the grant agreement and any renewal thereof. Failure to comply with the terms of this paragraph shall conStitLite a default under the Grant Agreement . A default shall consist of any use of grant funds for a purpose other than as authorized by this Grant Agreement , failure in the Recipient ' s duty to provide the supportive housing for the minimum term in accordance with the requirements of Attachment A , noncompliance with the Act or Attachment A provisions , any other material breach of the Grant Agreement , or misrepresentations in the application submissions which , if known by HUD , would have resulted in this grant not being provided . Upon due notice to the Recipient of the occurrence of any such default and the provision of a reasonable opportunity to respond , HUD may take one or more of the following actions : ( a ) direct the Recipient to submit progress schedules for completing approved activities ; or ( b ) issue a letter of warning advising the Recipient of the default , establishing a date by which corrective actions must be completed and putting the Recipient on notice that more, serious actions will be taken if the default is not corrected or is repeated ; or ( c) direct the Recipient to establish and maintain a management plan that assigns responsibilities for carrying out remedial actions , or ( d ) direct the Recipient to suspend , discontinue or riot incur costs for the affected activity ; or ( e ) reduce or recapture the grant ; or ( f) direct the Recipient to reimburse the program accounts for costs inappropriately charged to the program , or