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<br />ii. To the extent permitted by applicable law, be <br />a resident within the incorporated limits of <br />the City of Redwood City prior to the time of <br />application, unless no such residents qualify, <br />and then in accordance wi th the marketing <br />standards set forth in below, and <br /> <br />iii. Income and Rent levels for the HOME Uni ts <br />shall be in accordance with limits set forth <br />by HUD, which will be adjusted annually by <br />HUD. (See Table A, below for an example of <br />HUD's 2008 income limits) <br /> <br />EXHIBIT ~C" - Page 3 <br />