Agenda Packet_2024-07-16 (Revised)

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EXHIBIT 1 (iii) To the extent the federal Tax Credit Program requirements conflict with the requirements in this Section 2(e), relative to the continued occupancy by households that do not qualify as 80% Income Households, the federal Tax Credit Project requirements shall apply in place of the provisions in this Section 2(e). (f) Occupancy Levels. Subject to state or federal laws and regulations, the number of persons permitted to occupy each Restricted Unit shall not exceed the amount permitted by TCAC or, if TCAC no longer sets maximum occupancy limits, two persons per bedroom, plus one person. If a household, during the terms of its tenancy, adds members that exceed the maximum occupancy allowed under this section, Owner shall provide written notification informing the household that: it is over-occupancy; has been placed on a waiting list for an appropriately-sized unit for a period of up to one-hundred and eighty (180) days; the expiration date of the waiting list; and the terms for terminating the lease. A written status update will be provided to the household at one-hundred and twenty(120) days, ninety(90) days, sixty(60) days and thirty (30) days if applicable. To the extent that a tenant household occupying a Restricted Unit as of the date of this Agreement is over-occupancy, such tenant household shall not be subject to this subsection(f) as long as it continues to occupy the same Restricted Unit. 3. Owner, its successors and assigns shall not charge rents for the Restricted Units in excess of the amounts set forth in Section 2(b) or(c), as applicable. 4. Owner shall adopt and include as part of its Management Plan(described in Section 10, below), written tenant selection policies and criteria for the Restricted Units which meet the following requirements. (a) Are consistent with the purpose of providing housing for 60% Income Households and 80%Income Households. (b) Are reasonably related to program eligibility and the applicants' ability to perform the obligations of the lease. (c) Give reasonable consideration to the housing needs of families that would have a preference under 42 CFR §906.211 (Federal selection preferences for admission to Public Housing); (d) Provide for: (i) The selection of tenants from a written waiting list in the chronological order of their application, subject to Section 4(e) and 4(f)below, insofar as is practicable; and (ii) The prompt written notification to any rejected applicant of the grounds for any rejection; (e) Subject to applicable fair housing laws, give a first priory preference and consideration, including but not limited to priority placement on a written waiting list of available units,to the housing needs of households who have been permanently displaced or face permanent displacement from housing in Santa Ana as a result of any of the following: 5 Error icy `ounC len NroNer` name' 27 — 12 7/16/2024