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11/14/03 2 Bedroom = 2 units 3. 80% units = Studio = 5 units 1 Bedroom. =-28 units 2 Bedroom = 2 .units 3. DEVELOPER, its successors and assigns shall not charge rents for the Restricted Units in excess of the arnounts set forth in Section 2(b) and 2(g), as adjusted on the basis of the revised schedules of area median incomes issued from time -to -time by HUD. The Executive Director shall notify DEVELOPER in writing of the adjusted allowable maximum incomes and rents. DEVELOPER shall adopt and include as part of its Management Plan (described in Section 9, below), written tenant selection policies and criteria for the Restricted Units, that meet the following requirements: (a) Are consistent with the purpose of providing housing for Very Low and Low 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 households 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, insofar as is practicable; and (ii) The prompt written notification to any rejected applicant of the grounds for any rejection; (e) Provide first priority in the selection of qualified eligible tenants to households that are referred by the City or Agency; and (0 Carry out the Affirmative Marketing procedures of the City of Santa Ana, which are designed to provide information and otherwise attract eligible persons from all racial, ethnic and gender groups in the housing market area to the Restricted Units. DEVELOPER, the City and Agency shall cooperate to effectuate this provision prior to the initial renting, or upon occurrence of a vacancy, and the re- renting of any Restricted Units.( 24 CFR 92.351). DEVELOPER's Affirmative Marketing Plan is attached hereto and incorporated herein as Exhibit C. 5. DEVELOPER, its successors and assigns, shall not refuse to lease a Restricted 5 of 14