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A TRIJE COPY <br /> CERTIFICATION ON LAST PAGE <br /> J . K . BARTON , CLERK <br /> Applicant : Indian River County Board of Commissioners 1 32960 <br /> Project : FL-509 - Ren - HMIS Expansion Renewal F1.0116B41-1090802 <br /> For any project funded by this grant, which is also financed through the <br /> use of the Low Income Housing Tax Credit , the following applies : <br /> HUD recognizes that the Recipient or the project sponsor will or has <br /> financed this project through the use of the Low- Income Housing Tax <br /> Credit . The Recipient or project sponsor shall be the general partner of a <br /> limited partnership formed for that purpose . If grant funds were used for <br /> acquisition , rehabilitation or construction , then , throughout a period of <br /> twenty years from the date of initial occupancy or the initial service <br /> provision , the Recipient or project sponsor shall continue as general <br /> partner and shall ensure that the project is operated in accordance with <br /> the requirements of this Grant Agreement, the applicable regulations and <br /> statutes . Further, the said limited partnership shall own the project site <br /> throughout that twenty-year period . If grant funds were not used for <br /> acquisition , rehabilitation or new construction , then the period shall not be <br /> twenty years , but shall be for the term of the grant agreement and any <br /> renewal thereof. Failure to comply with the terms of this paragraph shall <br /> constitute a default under the Grant Agreement . <br /> A default shall consist of any use of grant funds for a purpose other <br /> than as authorized by this Grant Agreement, failure in the Recipient' s duty <br /> to provide the supportive housing for the minimum term in accordance <br /> with the requirements of Attachment A , noncompliance with the Act or <br /> Attachment A provisions , any other material breach of the Grant <br /> Agreement , or misrepresentations in the application submissions which , if <br /> known by HUD , would have resulted in this grant not being provided . <br /> Upon due notice to the Recipient of the occurrence of any such default <br /> and the provision of a reasonable opportunity to respond , HUD may take <br /> one or more of the following actions : <br /> ( a ) direct the Recipient to submit progress schedules for completing <br /> approved activities ; or <br /> ( b ) issue a letter of warning advising the Recipient of the default, <br /> establishing a date by which corrective actions must be completed and <br /> putting the Recipient on notice that more serious actions will be taken if <br /> the default is not corrected or is repeated ; or <br /> ( c ) direct the Recipient to establish and maintain a management plan <br /> that assigns responsibilities for carrying out remedial actions ; or <br /> ( d ) direct the Recipient to suspend , discontinue or not incur costs for <br /> the affected activity ; or <br /> Consolidated Grant Agreement Page 3 03/08/2010 <br />