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EXHIBIT B <br /> FORM OF AFFORDABLE HOUSING RESALE RESTRICTIONS,EQUITY SHARING, AND <br /> REGULATORY AGREEMENT <br /> RECORDING REQUESTED BY, <br /> AND WHEN RECORDED MAIL TO: <br /> City of Santa Ana <br /> 20 Civic Center Plaza (M-30) <br /> P.O. Box 1988 <br /> Santa Ana, CA 92702 <br /> Attn: City Cleric <br /> Free Reeordingpursuant to <br /> Government Code 6103&27383 <br /> AFFORDABLE HOUSING RESALE RESTRICTIONS,EQUITY SHARING AND <br /> REGULATORY AGREEMENT <br /> .'(Address, aPN) <br /> This AFFORDABLE HOUSING RESALE RESTRICTIONS, EQUITY SHARING <br /> AND REGULATORY AGREEMENT ("Affordable Housing Resale Restrictions" or <br /> "Agreement") is made as of , by ("Homebuyer") in favor of <br /> the CITY OF SANTA ANA, a municipal corporation("City"). <br /> RECITALS <br /> A. Homebuyer has purchased a single family house located at , <br /> Santa Ana, California, , as such real property is more particularly described in ".Exhibit I" <br /> attached hereto and incorporated herein ("Property"). <br /> B. In connection with Homebuyer purchasing the Property, Homebuyer <br /> acknowledged and received disclosures that the purchase was subject to a Density Bonus Housing <br /> Agreement with Declaration of Covenants, Conditions and Restrictions ("Density Bonus <br /> Agreement"), dated on or about , 2025, between the developer of the Property, <br /> ("Developer"). The Density Bonus Agreement required the Property to be sold <br /> to a Moderate Income Household, subject to the provisions of this Affordable Housing Resale <br /> Restrictions, pursuant to which Developer imposed covenants upon the Property to be sold to <br /> Eligible Homebuyers at an Affordable Sales Price. Homebuyer hereby acknowledges and agrees <br /> that this Affordable Housing Resale Restrictions is intended to implement the requirements of the <br /> Density Bonus Agreement, and that the purchase, use and occupancy of the Property is subject to <br /> the conditions, covenants and restrictions contained herein. Capitalized terms used herein and not <br /> otherwise defined shall have the same meaning as set forth in the Density Bonus Agreement. <br /> Page 29 <br /> Exhibit B <br /> 55 394.00101\43724951.1 <br />