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TEXAS DEPARTMENT OF HOUSING COMMUNITY AFFAIRS <br />HOME INVESTMENT PARTNERSHIPS PROGRAM <br />HOUSEHOLD COMMITMENT CONTRACT FOR [HRA/HBA] <br />WITH THE <br />CITY OF PARIS, <br />A POLITICAL SUBDIVISION OF THE STATE OF TEXAS <br />HOUSEHOLD COMMITMENT CONTRACT (this "Contract") in connection with the <br />HOME Investment Partnerships Program Reservation System and Reservation System <br />Participant Agreement # 2010-0015 ("RSP AgreemenY') is made and entered into by and <br />between the CITY OF PARIS, a Political Subdivision of the State of Texas ("RSP") and <br />TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS, a public and <br />official agency of the State of Texas, hereinafter referred to as "Department," herein <br />collectively referred to as "Parties." <br />RECITALS <br />WHEREAS, RSP wishes to make a Commitment of Funds to Qualified Household, as <br />defined in Article I, in accordance with and subject to all provisions of the RSP Agreement and <br />Program Requirements; and <br />WHEREAS, RSP agrees and acknowledges that this Contract serves as a supplement to <br />the RSP Agreement and, by execution hereof, shall be subject to all terms and conditions of RSP <br />Agreement unless otherwise specified herein; <br />NOW, THEREFORE, in consideration of the mutual covenants and conditions set forth <br />herein, including the Recitals, which are contractual in nature, and other good and valuable <br />consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties, each <br />intending to be legally bound, hereby agree as follows: <br />ARTICLE I <br />QUALIFIED HOUSEHOLD <br />RSP has reviewed the income and all other documentation necessary for the Household <br />of and ~ I ("Qualified Household"). RSP has verified that the <br />Qualified Household meets the Program Requirements and the requirements of the RSP <br />Agreement. <br />ARTICLE II <br />COMMITMENT OF FUNDS <br />Section 2.1 Term <br />A. This Contract shall be effective upon its execution and delivery and shall remain <br />in full force and effect for nine (9) months ("Term" or "Contract Term") to begin on the day <br />23 of 25 Zoio-oois <br />Q~ <br />