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by the Grantee, the Owner and other Participating Party for the Project. Any such approvals which have not been obtained are specified below: None. The Owner has not and shall not take any action which might have an adverse environmental effect, would limit the choices among competing environmental alternatives or might alter environmental premises on which the Grantee's environmental findings were based. (c) Completion of the Project. The Owner acknowledges that HUD, in selecting the Grantee for the award of this Housing Development Grant, relied in material part upon the assured completion of the Project and that the Owner assures the Grantee that the activities to be completed by the Owner shall be completed in accordance with Exhibits A, C, D and E of the Housing Development Grant Agreement. (d) Maintaining Records, Right to Inspect and Copy. The Owner, or any other Participating Party with an identity of interest with the Owner or receiving funds directly from the Grantee agrees that: (i) each such Participating Party keep and maintain books, accounts, reports, files, records and other documents relating to the receipt and disbursement of such Grant Funds; and (ii) any duly authorized representative of HUD or the Comptroller General of the United States shall, at all reasonable times, have access to and the right to inspect, copy, audit, and examine all such books, records and other documents of such Participating Party in accordance with HUD guidelines, until the completion of all close -out procedures respecting the Housing Development Grant and the final settlement and conclusion of all Housing Development Grant issues. (e) No Assignment or Succession. A transfer of Housing Development Grant Funds by the Grantee to the Owner shall not be or be deemed to be an assignment of Housing Development C:GDLEASE.EHI -35-