Agmt24 Habitat for Humanity Greater San Francisco, Inc.

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REV: 08-23-24 LF A. Upon the expiration or earlier termination of this Agreement, Subrecipient will return to City any CDBG funds on hand at such time and any accounts receivable attributable to the use of CDBG funds. B. Upon the expiration or earlier termination of this Agreement, any real property under Subrecipient's control that was acquired or improved in whole or in part with CDBG funds (including CDBG funds provided to Subrecipient in the form of a loan) in excess of $25,000 shall either be: (i) Used to meet one of the national objectives in 24 CFR Section 570.208 (formerly §570.901) until five years after expiration of the agreement, or for such longer period of time as determined to be appropriate by the recipient; or (ii) When not used in accordance with Subsection 14(B)(i) above, Subrecipient will pay City an amount equal to the current market value of the property less any portion of the value attributable to expenditures of non-CDBG funds for the acquisition of, or improvement to, the property. No payment is required after the five-year period specified in Subsection 14(B)(i) has expired. Notwithstanding the above, upon expiration or earlier termination of this Agreement, Subrecipient shall have no responsibility for ensuring that the properties rehabilitated using the CDBG funds continue to meet one of the national objectives and such responsibility shall rest with the City as the holder of the loans provided pursuant to this Agreement. 15. SUBRECIPIENT'S STATUS. In the performance of the obligations set forth in this Agreement, Subrecipient will have the status of an independent contractor and will not be deemed to be an employee, agent or officer of City. 16. SUBCONTRACTING. Subrecipient will not subcontract any portion of the Project without prior written approval of City. Subrecipient shall be allowed to enter into contracts for the rehabilitation work on individual properties with licensed contractors, provided that such contractors shall be selected in conformance with all applicable CDBG laws and regulations, and approved by the City. Subrecipient will be fully responsible to City for the acts and omissions of Subrecipient's subcontractor or contractor, and of the persons either directly or indirectly employed by Subrecipient. Nothing contained in this ATTY/AGR.2024.147/Habitat for Humanity Greater San Francisco Bay Area (Habitat for Humanity - Home Rehabilitation Program) (Page 8 of 24)