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<br />16. Fulfilling the above requirements is the sole responsibility of the homebuyer. Failure to <br />fully satisfy the above Program requirements as determined by the City's Housing Division, may <br />result in a delay in funding or in loan deniaL <br /> <br />17. Borrovver must submit a complete application to the City's Housing Division at least four <br />"Weeks prior to their scheduled close of escrovv. Upon determination of eligibility for the <br />Program, by the City's Housing Division, borrovver shall receive a letter stating Program <br />Eligibility. This letter shall indicate the maximum amount of loan funds a buyer is eligible for. <br />This letter determines loan eligibility only. Since funding is limited and is available on a first <br />come first serve basis, a letter of eligibility is not a guarantee that funds vvill be available to the <br />borrovver vvhen requested. <br /> <br />18. Homebuyer must successfully complete a City approved first time homebuyer training <br />program prior to the close of escrovv. <br /> <br />19. Priority shall be given to persons "Who live and/or vvork in the City of Pleasant on <br />consistent vvith the City's adopted preference system for affordable housing projects. <br /> <br />4 <br />