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??1,1? ?eia?lolls?ll? fa ??? ?`edlt Requiren?ex?#s, ?ot?vitl?standir?g at?y other <br />pRO?risions of this Areerr?ent, to the extent that a Tax red?t ?g??atot'y Agreetne??t executed by <br />the De?elape?• as a requi?`et?e??t off` receiving the Tax credits far either far bath} Pl?ase?s} of tl?e <br />?et?tal Portlot? Qf the PR??eet ar any other ?'eulata?'y agt'ee?nent executed ?? tl?e Developer as a <br />?'equiren?ent to obta??n financing for either for botl?? Phase{s} afthe dental Portion aftl?e Project, <br />are Iess restrictive v?rlth Respect to the require?nel?ts applicable to tena??t selection, tet?a??t income <br />levels, unit rent levels or at?y other; aspect of tl?e coi?structian and operation of such Phases} of <br />the Rental Portio?? of tl?e P?;oject than as pra?r?ded In this Aree?r?ent aid tie ?egulatot'y <br />Agreement, then the Develapeli shall con?pl? 4??atl? tl?e req??iietnetits of ?l?ts A?•eer?ent, inel??dit? <br />the applicable Reulato??y .AgreeRnent; pi`ovided, I?o4?evei', that in the event the caver?at?ts or <br />?`esti'ictioi?s, i?icludii?g the affordability rests}ict?ol?s set fart}? ??j tl??s Agreemei?t, ii?cludli? the <br />Re??latory Agreemei?ts, are nQt tl?e t>?ast i`est?'ictive ?rovisioi?s applicable to either for botl?? <br />Phase?s? of the P.ental Poi`tioi? of ?l?e P?`a?eet, a??d to the extent of a?? ??col?slste?Cy bet??eet? a?? <br />airiot? s?xcl? agree?r?et?t?s}, the Developer shall compl?? ?vith the mast rest?'icti?re of such <br />agaie?x?ei?ts, Tl1e foregoing Req??iremer?ts shall apply to tl?e Developer az?d to its Pi`opert}? <br />a?laer ??ha is involved its the selectio?? off` te??a??ts oi' tl?e deterinit?atiai? of i'?nt ainot???ts far tl?e <br />Rei?tal Partiar? of tl?e Project, <br />?a1,1 Applicability of Secfio??? The pravisiaris of this Section tai apply oi?Iy <br />to t??e l?ei?tal Poi`tioi? of the Project and are ?vl?ally it?applicable to t??e For-Sale Fortiori of the <br />p?'a ject. <br />???? P1'U'4'1SIgI1 a? ai?e?'ate I?lcame Fol'-Sale ?o111x1???UZ'?Sl? P01'tlarl of Mlle <br />PI'U? ??f? <br />????1 l?p?rlllet', ?ocatial? ?lld ?ual?ty of Affoz•?lahle ?`or?ale C?liits, one ?l? <br />of the Housing Units developed ox? each of tl?e six ?C} separate lots cai?stitutil? Phase ?, the <br />PaR-Sale Poi?tiol? of tl?e Deve?ap?riet?t shall be sold to Moderate Ii?came Uouseholcls, at the p?•ices <br />set fartl? in Sectioi? ?D?,? hereof, '.e., the Affordable For»ale U??its, Tl?e location of the <br />Affo?`dable For-Sale Units ?vithin tl?e For-Sale Pai-tia?? of tl?e P?`oject ?vill be ?rbject to fhe <br />Reasonable approval of tl?e Agency 1?xecuti?e Director pursuant to applicable la?vs at?d <br />re?ilations, The Developer cavei?ants a?1d agrees that tl?e orkinai?ship} quality of materials, <br />and casts of cot?struction for aild the ame???ties? at?d physical features of eaell at?d all of the <br />Affordable p'ot`-Sale Units shall be equal toy a??d cinder x?o circumstances or conditions less <br />desirable than, aII other Hai?sing Units in fire p'ot`-Sale l'oitioii of the Pi'a jest. <br />?a} The Developer' ?vill be consti+uctin sever+al t??odels, pla??s, oi` types <br />of H.ousii?g Uliits iii file Far-Sale Partl?tl of floe ?'roject, AlI of the Affordable p'or-Sale Urlits <br />mill be three ?3} bedraan? Housing Units, Three of fire Affordable Ha??sing Units will be Platy 1 <br />Units two of the Affoz?dable Housing lilts ??ill be Plan ? Units, and one of tl?e A'fo?;dable <br />Ho??siiig Units ??ill be Plan ? Unit has those terms as desc?'ibed i?? the Scope of Development}. <br />The Developer caveliants ar?d agrees that all tl?e A'fo?`dable For-Sale Uliits iii all respects shall <br />be the satr?e?ca?r?pai`able in tei`ins of quality of construction, arrie?iities? tr?atet'ials, desigii, etc, as <br />tl?e Hous?x?g Units of the wine size and rnadel that are designed, constructed, a?7d sold oil the <br />open marl?et. <br />DQCaCII ?? ?b?3v ? 31200?7?-O?a 1 <br />??