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3. Each MEMBER unit of local government will, by resolution, name a SUBRECIPIENT to carry out housing activities outlined in the Consolidated Plan within the locality which are funded with HOME program funds (as differentiated from HOME CHDO funds). The SUBRECIPIENT will enter into a contract with the COMMISSION to insure proper implementation and management of the HOME program and funds. 1. The term of this Agreement shall cover a Feried of not less than thfee (3) years, or for the period neeessM t� ewry oto all netivities that will be fiffided for three (3) Federal fiseal yem, beginning Oetober 1, 1992; provided, however, in no event sitall this eentraet term extend beyond a period of f ve (S) years beginning October 1, 1997; a review of the contract will begin at least six months prior to its expiration; 2. The contract maybe amended to provide for a change in the managing body or the funding formula or any other component, provided such a request for change is submitted to the Commission at least niney (90) days before the beginning of the fiscal year (July]). The Commission will consider the request and communicate with each MEMBER regarding the • request to develop consensus on the change requested. 3. The contract may be terminated by any MEMBER with ninety (90) day written notice of intent to withdraw, prior to the beginning of the focal year, beginning July I of each year. It is understood that termination of this contract by any one MEMBER may have the effect of discontinuing the CONSORTIUM, and the forfeiture of future federal funding under the HOME Investment Partnership program for all MEMBERS. Administrative Ca an bility The MEMBERS of the CONSORTIUM further assert that there is sufficient authority and administrative capability to carry out the purposes of the HOME Investment Partnership Program including but not limited to the following agencies as affirmatively furthering fair housing: • The Albemarle Housing Improvement Corporation, serving Albemarle County; • The Charlottesville Redevelopment and Housing Authority Improvement Projeet-, serving the City of Charlottesville; • The Fluvanna County Gernmurtity Deveiepment Housing Foundation, serving Fluvanna County; • The Skyline Community Action Program, serving Greene County; the Rapiden Better Housing Cerpe—tion, • The Louisa County Housing Foundation, serving Louisa County; • HOME CONSORTIUM Agreement draft (8/25/97) 3 iteeerdanee with the GEWSORTFUNI's E3etnprehensive Housing Affordability Strategy fGILks?; 3. Each MEMBER unit of local government will, by resolution, name a SUBRECIPIENT to carry out housing activities outlined in the Consolidated Plan within the locality which are funded with HOME program funds (as differentiated from HOME CHDO funds). The SUBRECIPIENT will enter into a contract with the COMMISSION to insure proper implementation and management of the HOME program and funds. 1. The term of this Agreement shall cover a Feried of not less than thfee (3) years, or for the period neeessM t� ewry oto all netivities that will be fiffided for three (3) Federal fiseal yem, beginning Oetober 1, 1992; provided, however, in no event sitall this eentraet term extend beyond a period of f ve (S) years beginning October 1, 1997; a review of the contract will begin at least six months prior to its expiration; 2. The contract maybe amended to provide for a change in the managing body or the funding formula or any other component, provided such a request for change is submitted to the Commission at least niney (90) days before the beginning of the fiscal year (July]). The Commission will consider the request and communicate with each MEMBER regarding the • request to develop consensus on the change requested. 3. The contract may be terminated by any MEMBER with ninety (90) day written notice of intent to withdraw, prior to the beginning of the focal year, beginning July I of each year. It is understood that termination of this contract by any one MEMBER may have the effect of discontinuing the CONSORTIUM, and the forfeiture of future federal funding under the HOME Investment Partnership program for all MEMBERS. Administrative Ca an bility The MEMBERS of the CONSORTIUM further assert that there is sufficient authority and administrative capability to carry out the purposes of the HOME Investment Partnership Program including but not limited to the following agencies as affirmatively furthering fair housing: • The Albemarle Housing Improvement Corporation, serving Albemarle County; • The Charlottesville Redevelopment and Housing Authority Improvement Projeet-, serving the City of Charlottesville; • The Fluvanna County Gernmurtity Deveiepment Housing Foundation, serving Fluvanna County; • The Skyline Community Action Program, serving Greene County; the Rapiden Better Housing Cerpe—tion, • The Louisa County Housing Foundation, serving Louisa County; • HOME CONSORTIUM Agreement draft (8/25/97) 3