RecDoc2025-028828 417 Stambaugh Street

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(e) Providing that the Qualifying Household shall occupy the Affordable Unit as its principal residence and shall not sublease all or part of the Affordable Unit for any purpose. 2.9.7 The Owner shall not terminate the tenancy or refuse to renew the lease or rental agreement of a Qualifying Household except for: (i) serious or repeated violations of the terms and conditions of the lease; (ii) because the previously Qualifying Household is no longer a Qualifying Household; (iii) for violation of applicable Federal, State, or local law; or (iv) for other good cause. The Owner shall, in connection with termination of the tenancy of a Qualifying Household or a refusal to renew the lease or rental agreement of a Qualifying Household, serve written notice upon the Qualifying Household specifying the grounds for the action in accordance with all applicable Laws and at least thirty (30) days before the effective date of the termination of the tenancy, unless the termination is pursuant to a legal action in unlawful detainer. 2.10 Tenant Selection Policies and Criteria. The Owner shall adopt written tenant selection policies and criteria that: 2.10.1 are consistent with the purpose of providing affordable rental housing for Qualifying Households at an Affordable Rent; 2.10.2 are reasonably related to tenant eligibility and ability to perform the obligations of the lease for an Affordable Unit; 2.10.3 subject to applicable fair housing laws, give reasonable preference for City - restricted units to eligible households that live (or have ever lived),work, or have been offered work in the City of Redwood City. Owner will comply with the local preference requirements outlined in the City's Affordable Housing Program Guidelines published on the City's website and incorporated herein by this reference, provided that such preferences may be waived for Affordable Units receiving Project -Based Section 8 assistance, or Affordable Units that are being provided for rent through a coordinated entry system as approved by the City; 2.10.4 provide for the selection of tenants from a written waiting list held by Owner or by an agency providing similar affordable housing in the chronological order of their application, insofar as is practicable; 2.10.5 give prompt written notice to any rejected applicant of the grounds for rejection; 2.10.6 provide for all of the Affordable Units to be Available for occupancy on a continuous basis to Qualifying Households at an Affordable Rent; 2.10.7 do not give preference to any particular class or group of Persons in leasing or renting the Affordable Units, except as provided in 2.10.3 and to the extent that a tenant must be a Qualifying Household; 2.10.8 provide that there shall be no discrimination against or segregation of any Person or group of Persons, on account of any basis listed in subdivision (a) or (d) of Section 12955 of the Government Code, as those bases are defined in Sections 12926, 12926. 1, subdivision REV: 05-20-25 LF ATTY/AGR.2025.100.3/HEART-SV (417 Stambaugh - Regulatory Agreement) (Page 15 of 35)