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i0a:11-111 a <br />EXIHBIT B <br />INITIAL IMPROVEMENTS <br />The proposed Project includes the development of two residential buildings with 86 units <br />surrounding two interior, landscaped courtyard/amenity spaces. The Project includes 16 studio units, <br />26 one bedroom units, 22 two -bedroom units, 17 three -bedroom units, and 5 four -bedroom units. All <br />units will be flat apartments located on the fast, second, third and fourth floors. In addition, a <br />proposed sound wall is being positioned along the eastern property line adjacent to the US Interstate <br />5 ramp. Approximately 3,500 square foot of interior community amenities and leasing offices is <br />designed to accommodate supportive and management services. <br />The Project will be 100% affordable to households earning no more than 30 percent of Area Median <br />Income (AMI) for Orange County of which 43 units will be set -aside for Permanent Supportive <br />Housing (PSH), with one exempt 2-bedroom managers unit. The unit mix and rent restrictions are as <br />follows, provided, however, the rent and income restrictions applicable to the Project shall be set <br />forth in and subject to the terms of the County Loan Regulatory Agreement: <br />Bedroom <br />Size <br />30% <br />AMI (PSH) <br />30% <br />ANH <br />Manager's <br />Unit <br />Total Units <br />Studios <br />16 <br />16 <br />One -Bedroom <br />26 <br />26 <br />Two -Bedroom <br />1 <br />20 <br />1 <br />22 <br />Three -Bedroom <br />17 <br />17 <br />Four -Bedroom <br />5 <br />5 <br />TOTAL <br />43 <br />42 <br />1 <br />86 <br />Page 163 <br />80A-106 <br />