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1.1.16 "Eligible Household" means a Household whose income does not exceed <br />the qualifying limit for a "very low income tenant" or "lower income tenant" as defined herein, <br />which means persons and families whose income does not exceed the qualifying limit for very low <br />income or lower income households. <br />1.1.17 "Household" means all persons residing in a Unit. <br />1.1.18 "Low Income Tenant" means persons and families whose income does not <br />exceed eighty percent (80%) area median income for the Orange County, California PMSA, <br />adjusted for household size, as published by the California Tax Credit Allocation Committee. <br />1.1.19 "Median Income" means the Orange County, California area median <br />income, adjusted for family size appropriate to the unit, as periodically published by the California <br />Tax Credit Allocation Committee. <br />1.1.20 "Monthly Rent" means the total of monthly payments for (a) use and <br />occupancy of each Affordable Unit and land and facilities associated therewith, (b) any separately <br />charged fees or service charges assessed by Developer which are required of all tenants, other than <br />security deposits, application fees or credit check fees (c) a reasonable allowance for an adequate <br />level of service of utilities not included in (a) or (b) above, including garbage collection, sewer, <br />water, electricity, gas and other heating, cooking and refrigeration fuels, but not including <br />telephone or cable service, and (d) possessory interest, taxes or other fees or charges assessed for <br />use of the land and facilities associated therewith by a public or private entity other than Developer. <br />In the event that certain utility charges are paid by the landlord rather than the tenant, no utility <br />allowance shall be deducted from the rent for that type of utility charge. <br />1.1.21 "Project" means that certain residential development as more particularly <br />described in Recital B and Section 2 of this Agreement. <br />1.1.22 "Property" means that certain real property more particularly described in <br />the legal description in Exhibit A and improvements thereon. <br />1.1.23 "State Density Bonus Law" means Government Code sections 65915, et <br />seq., as they exist on the Effective Date. <br />1.1.24 "Unit" means a residential dwelling unit within the Project to be <br />constructed by Developer pursuant to this Agreement. <br />1.1.25 "Unrestricted Units" means the Units within the Project to be constructed <br />by Developer to a Household without restriction (i.e. — manager's unit). <br />1.1.26 "Very Low Income Tenant" means persons and families whose income <br />does not exceed fifty (50%) of the area median income for the Orange County, California PMSA, <br />adjusted for household size, as published by the California Tax Credit Allocation Connnittee. <br />11 <br />