RecDoc2025-000645 Regulatory Agreemnt and Declaration of Restrictive Covenants 557 E. Bayshore

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shall provide marketing in Spanish; (ii) Criteria for determining Resident eligibility, including certification of household income and size, and establishing reasonable occupancy standards (which shall not exceed standards established by state and federal fair housing laws and state housing and building codes) and procedures for screening prospective residents, including obtaining credit reports, unlawful detainer reports, landlord references and criminal background investigations; (iii) A requirement that eligible residents be selected based on order of application, lottery, or other reasonable method approved by the City, subject to the preferences set forth in Section 2.4(c); (iv) A requirement that ineligible applicants be notified of the reason for their ineligibility; (v) Specific procedures through which applicants deemed to be ineligible may appeal this determination; (vi) A requirement that eligible applicants be notified of eligibility and be provided an estimate regarding when an Affordable Unit may be available; (vii) Maintaining a waiting list of eligible applicants for the Affordable Units; (viii) Specific procedures for obtaining documentation regarding prospective residents' incomes, as necessary, to certify that such income does not exceed income limits; (ix) Specific procedures for certification and recertification of household incomes and procedures for handling over -income Resident; (x) A requirement that a written rental agreement be executed with each eligible Resident selected to occupy an Affordable Unit; (xi) A detailed listing of reasonable rules of conduct and occupancy which shall be in writing, shall be consistent with federal and state law, and shall be provided to each Resident upon occupancy; (xii) A parking management plan which details, among other things, how parking spaces will be assigned, how guest parking will be handled and how parking will be managed to encourage Resident to use their assigned parking spaces, and (xiii) Such other requirements and criteria/procedures as the City may determine appropriate. 5.3 Maintenance Requirements. (a) The Owner agrees, for the entire Term of this Agreement, to maintain the REV: 10-23-24 JB Page 13 of 20 ATTY/AGR.2024.202/Redwood Crossing LLC (557 E. Bayshore (Bldg B) Affordable Hsg Agrmt) (Page 13 of 27)