Administering agency. An administering agency, which may be the Northampton Housing Authority, or other qualified housing entity (the "administering agency") shall be designated by the PAA as the administering agency for all Projects in the SG District. In a case where the administering agency cannot adequately carry out its administrative duties, upon certification of this fact by the PAA or by DHCD, such duties shall devolve to and thereafter be administered by a qualified housing entity designated by the PAA or, in the absence of such timely designation, by an entity designated by the DHCD. In any event, such administering agency shall ensure the following both prior to issuance of a certificate of occupancy for a Project within the SG District and on a continuing basis thereafter, as the case may be:
(1)
Prices of Affordable Homeownership Units are properly computed; rental amounts of Affordable Rental Units are properly computed.
(2)
Income eligibility of households applying for Affordable Housing is properly and reliably determined.
(3)
The housing marketing and resident selection plan conforms to all requirements and is properly administered.
(4)
Sales and rentals are made to Eligible Households chosen in accordance with the housing marketing and resident selection plan, with appropriate unit size for each household being properly determined and proper preference being given.
(5)
Affordable Housing Restrictions meeting the requirements of this section are recorded with the proper registry of deeds.
G.