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.k p " <br /> The Declarant shall have the right under the terms of the <br /> Agreement, after application of basic eligibility requirements set <br /> forth herein, to select, in its sole discretion, the ultimate <br /> purchaser of each unit . <br /> (c) Affordabilitv of the HOME Units . Tn accordance with <br /> the provisions of the HOME Program, the HOME Units, as defined in <br /> the Agreement shall be subject to HOME Program requirements, to <br /> the extent not otherwise exempt by applicable law, and shall be <br /> sold to and occupied by qualified very low income households. A <br /> qualified very low income household shall: <br /> (i) Have a household income no greater than Very <br /> Low Income as established by HUD for San Mateo <br /> County <br /> (ii) To the extent permitted by applicable law, be <br /> a resident within the incorporated limits of the <br /> City of Redwood City prior to the time of <br /> application, unless no such residents qualify, and <br /> then in accordance with the marketing standards set <br /> forth in Section 4 . 01 (b) (3) , below, and <br /> (iii) Have a family size of two (2) to five (5) <br /> persons . However, the City requires, to the extent <br /> permitted by applicable law, occupancy preference <br /> be given to large households, as defined by the <br /> City' s Consolidated Plan which documents the <br /> greatest housing need for large family households <br /> of four or more persons. <br /> (iv) Income levels for the HOME Units shall be in <br /> accordance with the HUD Income Levels. <br /> (d) The foregoing covenants shall not be deemed to <br /> supersede any affordability covenants against the Property which <br /> require that the units of the Property be made available to persons <br /> ; not earning more than Very Low Income for the County of San Mateo, <br /> ' as established by HUD. <br /> 3 . Marketincrof HOME Units . The Declarant shall comply <br /> with the City' s affirmative marketing pl,an for the HOME Units to be <br /> ' provided by City. The Declarant, to the extent permitted by <br /> applicable law, shall select el 'igible purchasers for the Home Units <br /> from a pool of applicants residing in the incorporated limits of <br /> REDW\0006\021-2.WPD <br /> 08/08/07 /hvt -4- <br />