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THOUSAND, EIGHT HUNDRED AND SEVENTY ONE DOLLARS <br />($407,871.00) from "TWO MILLION, TWO HUNDRED AND NINETEEN <br />THOUSAND, SEVEN HUNDRED AND SIXTY DOLLARS ($2,219,760.00)" to <br />"TWO MILLION, SIX HUNDRED AND TWENTY SEVEN THOUSAND, SIX <br />HUNDRED AND THIRTY ONE DOLLARS ($2,627,631.00)." <br />4. Section 6.2, Disbursement Procedures for Loan, of said HOME Loan Agreement <br />shall be amended to allow architectural, engineering, or related professional <br />services required to prepare plans, drawings, specifications, or work write-ups as <br />allowed HOME eligible cost categories. These HOME eligible costs may be paid <br />if they were incurred not more than 24 months before the date that HOME funds <br />are committed to the Project. <br />5. Section 7.1, Use Covenants and Restrictions, subsection (C), of said HOME Loan <br />Agreement shall be amended to state that the HOME assisted units will be "fixed" <br />rather than "floating" units. <br />6. Section 7.2, Affordability Levels/Unit Mix, of said HOME Loan Agreement shall <br />be amended to replace the HOME Assisted Units matrix with the following: <br />HOME Assisted Units <br />Additionally, subsection (2) shall be amended to state that the HOME assisted units <br />will be "fixed" rather than "floating" units. <br />Further, subsection (3) shall be amended to state that "unit substitution" is not <br />allowed without first obtaining City's consent. <br />Definitions in Exhibit B, Affordability Restrictions on Transfer of Property, of said <br />HOME Loan Agreement shall be amended to increase the amount of HOME funds <br />in the definitions of "HOME Loan" and "HOME Loan Promissory Note" from <br />"TWO MILLION, TWO HUNDRED AND NINETEEN THOUSAND, SEVEN <br />HUNDRED AND SIXTY DOLLARS ($2,219,760.00)" to "TWO MILLION, SIX <br />HUNDRED AND TWENTY SEVEN THOUSAND, SIX HUNDRED AND <br />THIRTY ONE DOLLARS ($2,627,631.00)." <br />Unit Type <br />Total # of <br />Description/ <br />No. of BRs <br />Level of <br />#off HOME <br />HOME Share <br />Units <br />Notes <br />Affordability <br />Assisted Units <br />of Unit Type <br />26 <br />1 Bed <br />1 <br />30% AMI <br />3 <br />11.53% <br />14 <br />2 Bed <br />2 <br />0 <br />0.0% <br />30%AMI — <br />Low HOME <br />4 <br />23.53% <br />17 <br />3 Bed <br />3 <br />60% AMI — <br />High HOME <br />4 172353% <br />Additionally, subsection (2) shall be amended to state that the HOME assisted units <br />will be "fixed" rather than "floating" units. <br />Further, subsection (3) shall be amended to state that "unit substitution" is not <br />allowed without first obtaining City's consent. <br />Definitions in Exhibit B, Affordability Restrictions on Transfer of Property, of said <br />HOME Loan Agreement shall be amended to increase the amount of HOME funds <br />in the definitions of "HOME Loan" and "HOME Loan Promissory Note" from <br />"TWO MILLION, TWO HUNDRED AND NINETEEN THOUSAND, SEVEN <br />HUNDRED AND SIXTY DOLLARS ($2,219,760.00)" to "TWO MILLION, SIX <br />HUNDRED AND TWENTY SEVEN THOUSAND, SIX HUNDRED AND <br />THIRTY ONE DOLLARS ($2,627,631.00)." <br />