RecDoc2025-040037 Regulatory Agreement and Declaration of Restrictive Covenants 112 Vera Avenue

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In addition to the foregoing, the Management Plan shall address the following: (i) The actions to be taken by the Owner to affirmatively market Units in compliance with fair housing laws and in compliance with City's policies and procedures. The Owner will market the Units in languages other than English as required under the City's Language Access Plan, as such may be amended from time to time. Prior to or concurrently with the recordation of this Agreement, the City shall provide Owner with a copy of the City's Language Access Plan and any updates thereto. The Owner, at a minimum, 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 Residents; (x) A requirement that a written rental agreement be executed with each eligible household 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; and (xii) Such other requirements and criteria/procedures as the City may determine appropriate. REV: 04-03-25 LF ATTY/AGR.2025.060/112 Vera Ave., L.P. (REGULATORY AGREEMENT & RESTRICTIVE COVENANTS) (Page 13 of 22)