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7.A. - Page 95 of 101 <br />ExCESS SALES PROCEEDS <br />If the home is sold or otherwise transferred by Owner, or any other party, in violation of this policy <br />for more than the Eligible Sales Price, any proceeds of such sale or transfer in excess of the <br />eligible sales price may be recovered by the City or the developer of the property. <br />HUNDs REPAID TO HUD <br />When HOME funds must be repaid to HUD, the City will contact HUD to determine which <br />account the funds must be repaid. <br />Annual Action Plan <br />2021 <br />OMB Control No: 2506-0117 (exp. 06/30/2018) <br />502 <br />