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EXHIBIT G <br />RECORDING REQUESTED BY <br />AND WHEN RECORDED RETURN TO: <br />City of Santa Ana <br />Community Development Agency <br />Housing Department M-26 <br />20 Civic Center Plaza, 6th Floor <br />P.O. Box 1988 <br />Santa Ana, California 92702 <br />SPACE ABOVE THIS LINE FOR RECORDING USE <br />FREE RECORDING REQUESTED <br />[Goverrnnent Code Section 6103] <br />AFFORDABILITY RESTRICTIONS <br />ON TRANSFER OF PROPERTY <br />(2151 E. First, Santa Ana, CA) <br />THESE AFFORDABLE HOUSING RESTRICTIONS ON TRANSFER OF <br />PROPERTY (the "Restrictions") are entered into as of July _, 2016, by and among and <br />Guest House LP, (referred to herein as the "Developer") a California limited partnership, <br />the City of Santa Ana, a charter city and municipal corporation (the "City"). <br />RECITALS: <br />A. Developer is the owner of that certain real property located at 2151 East First <br />Street, (the "Property") located in the City of Santa Ana more particularly described in <br />Exhibit A, which is attached hereto and incorporated herein by this reference. <br />B. For the purpose of providing seventy-two (72) units of housing that will be <br />affordable to Extremely -Low, Very -Low and Low Income households ("Assisted Units"), <br />the Developer, the City have entered into that certain Loan Agreement, dated on or about <br />the date hereof (the "Loan Agreement") to which these Restrictions are attached as Exhibit <br />G, which, along with all of its attachments, is incorporated herein by this reference (any <br />capitalized term that is not otherwise defined in these Restrictions shall have the meaning <br />ascribed to such term in the Loan Agreement), <br />C. The Loan Agreement provides, among other things, for the use of the Property <br />for affordable housing with all Assisted Units being restricted to Extremely- Low,Very- <br />Low and Low Income households, at Affordable Rent(s), <br />D. The Loan Agreement contains certain provisions relating to the use of the <br />Property. <br />