04 NCAC 19S .1007 CONFLICT OF INTEREST
(a) Recipients must comply with the conflict of interest provisions in 24 CFR 85.36 and OMB Circular A‑110 in the procurement of property and services, if applicable.
(b) Recipients must comply with Section 92.356 of 24 CFR Part 92. in all cases not governed by Paragraph (a) of this Rule.
(c) No person described in Paragraph (d) of this Rule who exercise or have exercised any functions or responsibilities with respect to activities assisted with HOME funds or who are in a position to participate in a decisionmaking process or gain inside information with regard to these activities, may obtain a financial interest or benefit from a HOME assisted activity; or have an interest in any contract, subcontract, or agreement with respect, thereto, or the proceeds thereunder, either for themselves or those with whom they have a family or business ties, during their tenure or for one year thereafter.
(d) The conflict of interest provisions of Paragraph (c) of this Rule apply to any person who is an employee, agent, consultant, officer, or elected official or appointed official of the recipient receiving HOME funds.
(e) Exceptions to the provisions of Paragraph (c) of this Rule will be granted on a case‑by‑case basis by HUD in accordance with 24 CFR 92.356(d) and (e) by submitting a request for determination of the Department.
History Note: Authority G.S. 143B‑10; 143B‑431; 24 C.F.R. Part 92;
Eff. November 2, 1992.