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EXHIBIT E ASSIGNMENT AND ASSUMPTION AGREEMENT ASSIGNMENT AND ASSUMPTION AGREEMENT This Assignment and Assumption Agreement (this "Agreement") is entered into as of 20 by and Eden Housing Inc., a California nonprofit public benefit corporation (the "Assignor"), and , a (the "Assignee") with the acknowledgement of the City of Redwood City, a California charter city (the "City"). RECITALS A. Assignor previously entered into that certain Affordable Housing Land Donation Agreement, dated as of _, 20— (the "Land Donation Agreement") under which the Assignor agreed to acquire the property located at 847 Woodside Road, Redwood City, County of San Mateo, State of California, as more particularly described in the Land Donation Agreement (the "Affordable Site"), to develop, construct and operate approximately seventy-one (71) affordable residential units and one unrestricted manager's unit (the "Affordable Development"). B. Assignor desires to 'transfer all of Assignor's interest in the Affordable Development and to assign to Assignee its rights, duties and obligations under the Land Donation Agreement and Assignee desires to accept and assume each and all of the rights, duties, and obligations of the Assignor under the Land Donation Agreement. C. Pursuant to Section 4.4 of the Land Donation Agreement, the Assignor may assign all of its right, title, interest and obligations under the Land Donation Agreement, provided that such assignee shall assume in writing all of Assignor's obligations under the Land Donation Agreement. NOW, THEREFORE, in consideration of the foregoing, and in consideration of the mutual promises of the parties hereto and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows. 1. Effective Date. As used in this Agreement, the "Effective Date" shall be the date this Agreement is entered into by the Assignor and Assignee as first written above, which is the date Assignee acquired fee title to the Project from Assignor. 2. Assignment. As of the Effective Date, Assignor transfers and assigns to Assignee all of Assignor's rights, interests, benefits, privileges, and duties and obligations under the Land Donation Agreement ("collectively the "Assigned Obligations"). 3. Assumption. As of the Effective Date, Assignor is assigning to Assignee and Assignee is assuming the foregoing assignment of the Assigned Obligations and agrees to perform and be bound by all of the terms, covenants, obligations and conditions imposed upon the Assignor under the Land Donation Agreement for the benefit of the City, as if the Assignee were the original signatory thereto, requiring performance subsequent to the Effective Date. The Assignee agrees to be bound in every way by all of the grants, terms, conditions, and covenants in respect of the Assignor contained in the Assigned Obligations occurring subsequent to the Effective Date. All references in the Land Donation Agreement to the Assignor shall hereafter be deemed to be references to the Assignee. ATTY/AGR/2024.193.1—AFFORDABLE HOUSING LAND DONATION AGREEMENT— EXHIBIT L—ASSIGNMENT & ASSUMPTION AGR REV: 10-22-24 VR Page 1 of 4