Agmt10 Cedar Street Apartments, Inc.

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3. Marketing: Contractor shall comply with City and Agency's affirmative marketing plan for HOME assisted housing. The HOME units shall be further subject to the marketing requirements for HUD 811 Occupancy Requirements for supportive housing for persons with mental health disabilities as follows: i. Affirmative marketing to ethnic groups least likely to be served; and ii. Open marketing to very low income individuals with a mental illness. Except for existing tenants, CHDO shall, to the extent permitted by applicable law, shall select tenants for the HOME units from a pool of applicants residing in the incorporated limits of the City and Agency no later than the date on which construction will begin or in the case of vacant units, immediately upon completion of rehabilitation work or the earliest date unit is habitable for occupancy. CHDO shall be responsible for identifying a pool of applicants to fill the HOME units. At the election of the CHDO, CHDO may consult with the City to ensure that CHDO has a sufficient pool of qualified applicants from which to fill the HOME units. Cedar Street Apartments is exclusively a supportive housing development for individuals with mental health disabilities and meets the City's Consolidated Plan goals of expanding the supply of affordable housing for special needs populations and persons with disabilities. 4. Income Affordability and Occupancy Restriction: In accordance with the provisions of the HOME Investment Partnership Program (HOME), 7 HOME - assisted units constructed on this property shall be subject to HOME Program requirements and shall be at all times, be occupied by qualified low income households. A Qualified low - income household shall: • shall be a person with a certification of mental illness, • have a household income no greater than 50% of the area median income established by HUD for San Mateo County, • shall be a resident within the incorporated limits of the City of Redwood City prior to the time of application, and INCOME LIMITS BY FAMILY SIZE 1 2 3 4 5 6 7 8 Extremely Low (30 %) 23,700 27,150 30,550 33,950 36,650 39,400 42,1000 44,800 Very Low (50 %) 39,600 45,250 50,900 56,550 61,050 65,600 70,100 74,650 ATTY /AGR/2010.064 11 072910