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"Adjusted for Family Size Appropriate for the Unit" shall be determined consistent <br /> with Section 50052.5(h) of the California Health and Safety Code subject to the application of <br /> federal rules associated with Project financing sources, including without limitation, rules <br /> pertaining to the use of federal low-income housing tax credits, if applicable. <br /> "Affordable Rent" means the following amounts, less a utility allowance and other fees <br /> and charges required to be paid by tenants of the Project on a non-optional basis: (i) for units <br /> that are restricted for rental to households with incomes of not more than sixty percent (60%) of <br /> AMI ("60% Units"), a monthly rent that does not exceed one-twelfth of thirty percent (30%) of <br /> sixty percent (60%) of Area Median Income, Adjusted for Family Size Appropriate for the Unit, <br /> (ii) for units that are restricted for rental to households with incomes of not more than eighty-five <br /> percent (85%) of AMI ("85% Units"), a monthly rent that does not exceed one-twelfth of thirty <br /> percent (30%) of eighty-five percent (85%) of Area Median Income, Adjusted for Family Size <br /> Appropriate for the Unit. <br /> "Area Median Income" or "AMI" means the median income for San Mateo County, <br /> California, adjusted for Actual Household Size, as determined by the U.S. Department of <br /> Housing and Urban Development ("HUD") pursuant to Section 8 of the United States Housing <br /> Act of 1937 and as published from time to time by the State of California Department of <br /> Housing and Community Development ("HCD") in Section 6932 of Title 25 of the California <br /> Code of Regulations or successor provision published pursuant to California Health and <br /> Safety Code Section 50093(c) and set forth in the City' s annual Income and Rent Limits <br /> Schedule. <br /> "Authorized Representative" means the City Manager of the City of Redwood City. <br /> "Claims" is defined in Section 0. <br /> "DDA" is defined in Section 2.4. <br /> "Eligible Household" means a household for which gross household income upon initial <br /> occupancy does not exceed the maximum income level for a Restricted Unit as specified in <br /> Section 0 and which includes at least one member who is age 62 or older. <br /> "Indemnitees" is defined in Section 0. <br /> "Marketing and Management Plan" is defined in Section 0. <br /> "Maximum Qualifying Income" is defined in Section 0. <br /> "Regulations" means Title 25 of the California Code of Regulations. <br /> "Rent Restricted" is defined in Section 0. <br /> "Restricted Unit" means a dwelling unit which is reserved for occupancy at an <br /> Affordable Rent by Eligible Households of specified household income levels as set forth in <br /> Sections 0 and 0. <br /> ATY/AGR/2017.218/RWC — BRADFORD — DDA <br /> REV: 09-18-17 VR <br /> Page 65 of 94 <br />