14-Reservation system participant to the Texas Dept of Housing

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Section 2.6 Communitv Housing Development Organization ("CHDO") INTENTIONALLY DELETED Section 2.7 Targeted Households A. Each Household served under the Contract is required to have an income that is less than or equal to 80% of AMFI determined in accordance with 24 C.F.R. Part 92 and 24 C.F.R. Part 5; will occupy the unit for which HOME funds are being provided as the household's principal residence in accordance with the Program Requirements; and that meets all other Program Requirements. B. In accordance with 10 TAC §53.26, except for households served with HBA funds, RSP will serve at least one (1) household at or below 30% of AMFI for every four (4) households submitted for a Reservation of Funds and approved for assistance. Section 2.8 Construction Standards A. Each housing unit rehabilitated with HOME Funds, at a minimum, will meet or exceed the Texas Minimum Construction Standards ("TMCS") as well as local building codes and zoning ordinances. Each unit reconstructed or newly constructed with HOME Funds, at a minimum, will meet or exceed the 2000 International Residential Code ("IRC") as required by the HOME Rule. If a housing unit is reconstructed, RSP must also ensure compliance with the universal design features for construction of single family affordable housing, established by §2306.514 of the Texas Government Code, the energy efficiency standards established by §2306.187 of the Texas Government Code, energy standards as verified by a RESCHECK certification, and the International Residential Codes, as required by Subchapter G, Chapter 214, Local Government Code. B. Housing units that are provided assistance for acquisition only must meet all applicable state and local housing quality standards and code requirements. In the absence of such standards and requirements, the housing units must meet the Housing Quality Standards ("flQE") in 24 CFR §982.401. C. For TBRA, rental units must be inspected prior to occupancy and annually upon Household recertification and must comply with HQS established by HUD. ARTICLE III RECAPTURE AND REPAYMENT OF HOME FUNDS Section 3.1 Recapture of Funds A. RSP shall be subject to the following recapture provisions and the Department reserves the right to include in any Loan/Grant Documents, as defined in Section 4.2(d) of this Contract, provisions to force recapture of all funds disbursed under this Contract or an executed 5 of 25 2010-0015 70