COM 1079.000 2020-2022 - Laserfiche WebLink

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HO'OMALU AT WAIKOLOA 201 H APPLICATION PG.45 Certifications and Assurances Whereas, Stanford Carr Development, LLC (the"Applicant") is applying to County of Hawaii, Office of Housing and Community Development("OHCD") for assistance in the 201H process. Whereas,the Applicant understands that it is necessary that certain conditions be satisfied as part of the Application requirements. Therefore, the Applicant certifies as follows: 1. The Applicant is eligible for assistance under state statute and guidelines for the Program. 2. The Applicant will minimize displacement as a result of activities assisted with the 201H expedited processing and assist persons displaced as a result of such activities, if applicable. 3. The Applicant will actively market in an ongoing manner all housing units and services expedited through the Program. 4. The Applicant is prepared and has the authority within its charter, bylaws, or through statutory regulations to enter into a development agreement with OHCD for acceptance and use of 201H expedited processing assistance. The Applicant makes this Application and certification with full cognizance of its governing body. 5. The Applicant agrees that OHCD will at all times be indemnified and held harmless against all losses, costs, damages, expenses and liabilities whatsoever in nature or kind(including,but not limited to attorney's fees, litigation and court costs, amounts paid in settlement, and amounts paid to discharge judgment, any loss from judgment from the Internal Revenue Service) directly and indirectly resulting from, arising out of, or related to acceptance, consideration and approval or disapproval of such 201H expedited processing request. 6. The Applicant understands and agrees that OHCD retains the right to contact local government officials, representatives of other funding programs, or other individuals to verify or obtain additional information about Applicant's proposals. The undersigned hereby agrees and allows the release of any and all information to OHCD in regard to the representations made within this Application. Such information may include credit history and ratings verifications, confirmation of involvement in past developments, and all other information, on the Applicant entity and principals, thereof, as may be required by OHCD. This information will be used solely by OHCD to aid in making a determination as to the awarding of financing assistance offered by the Programs to the Applicant and will not be disclosed outside OHCD, except as required and permitted under law. 7. The Applicant has received,reviewed and accepts all the documents (e.g.,Explanation, Instructions, etc.)that are attached to the Application and made a part hereof. S. The Applicant understands and agrees that OHCD's receipt of an Application does not constitute acceptance of the Application. OHCD reserves the right to return an Application at any time without taking further action on the Application due to,but not limited to, the following: a. Failure to meet Application submittal requirements (e.g., correct application fee, cashier's check, correct number of copies). b. Failure to meet 201H program criteria(e.g., applicant eligibility and affordability requirements, etc.).