If the Applicant does not comply with applicable laws and rules
relating to the project and to the financial assistance documents,
the executive administrator may take any of the following actions:
(1) impose additional conditions to remedy the noncompliance;
(2) withhold releases from escrows or disbursements
until the Applicant comes into compliance;
(3) refrain from closing on existing commitments;
(4) disallow all or part of the cost of a project expenditure
that is not in compliance;
(5) allow a substitution of eligible cost activities
for disallowed costs or require repayment of disallowed costs, at
the discretion of the executive administrator; and
(6) take other remedial actions that may be legally
available.
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