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a. Records required to document the acquisition, improvement, use or <br />disposition of real property acquired or improved with HOME <br />assistance; <br />b. Records documenting compliance with the fair housing and equal <br />Opportunity components of the HOME program; <br />C. Financial records as required by 24 C.F.R. § 92.505, and OMB <br />Circular A-122; and <br />d. Other records necessary to document compliance with Subpart K of 24 <br />C.F.R. Part 92. <br />2. Retention <br />The Subrecipient shall retain all records pertinent to expenditures incurred under <br />this Agreement for a period of five years after the termination of all activities <br />funded under this Agreement, or after the resolution of all Federal audit findings, <br />which ever occurs later. Records for non -expendable property- acquired with <br />funds under this Agreement shall be retained for five years after final disposition <br />of such property. Records for any displaced person must be kept for five years <br />after he/she has received final payment. All client records are the property of the <br />Grantee and must be forwarded to the Grantee at the end of each quarter. Failure <br />to submit client files to Grantee as required shall be a material breach of the <br />contract and funding will be withheld from the Subrecipient until such time as the <br />files are submitted. <br />Subrecipient must also comply with the Uniform Relocation Assistance and Real <br />Property Acquisition Policies Act of 1970. <br />3. Reports <br />The Subrecipient shall furnish reports to the Grantee, which include, but may not <br />be limited to the following: <br />A. Performance Reports submitted at the end of each month. <br />B. Certification for Contracts, Grants, Loans, and Cooperative Agreements (see <br />Exhibit Q. <br />C. Cost Control Report submitted monthly to Grantee. <br />D. Cost Worksheet submitted monthly to Grantee. <br />E. Reimbursement Request submitted monthly to Grantee. <br />F. Personnel Cost Worksheet submitted ionth]y to Grantee. <br />G. Quarterly and Annual Performance Reports submitted at the end of each <br />quarter or contract period, respectively. <br />H. Homeownership Assistance/Rental Housing Project Set -Up and Completion <br />Reports. <br />Monthly reports are to be submitted within ten (10) working days of *the end of <br />the reporting periods. The quarterly performance reports are due within fifteen <br />