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5.o::z .t ::a :&e :ncome certification to be pro',tded to any lender making a loan on :he Restricted Housmg [_'nit. The Agency ma.,,, require documentation evidencing and suppogmg the income and other t2nanc~al mtbrmat~on contained in the certifications. 1. Sale.'Transt'er to Very Low Income Household. For a proposed sa',e or transfer ora Restricted Housing L'mt to a Very Low Income Household, the O~t ncr of the Resmcted Housing Unit shall submit to the Agency documentation supporting that the prospective purchaser,'transferee qualifies as a Very Low income Household. 2. Sale/Transfer to Moderate Income Household. For a proposed sale or transfer of a Restricted Housing Unit to a Moderate Income Household, the Owner of'the Restricted Housing Unit shall submit to the Agency documentation supporting that the prospective purchaser/transferee qualifies as a Very Low Income Household or a Moderate Income Household. D. Owner's Notice oi~Sale. If an Owner of the Restricted Housing Unit intends to sell the Restricted Housing Ufiit, the Owner shall provide the Agency with wnrten notice, by certified mail, of such fact (the "Owner's Notice of Sale"). The Owner's Notice of Sale shall notify the Agency th~ it shall have ninety (90) days to identify an Eligible Household or exercise its right to purchase the Restricted Housing Unit. During such 90-day period, the Owner shall use its best efforts to identify a purchaser/transferee who may qualify as an Eligible Household to purchase the Restricted Housing Unit. E. Process to Obtain Approval ora Re-sale ora Restricted Housin~ Unit to an Eligible Household. Within ten (10) business days from its receipt o£the income certifications, Agency shall render a decision of eligibility or noneligibility based upon the documentation submitted in Section 2.01(C). If the prospective purchaser/transferee qualifies as an Eligible Household, the Agency shall notify the Owner and the Owner shall sell the Restricted Housing Unit to such Eligible Household, provided such Eligible Household can afford the Sales Price. F. Process for Re-sale ora Restricted Housin~ Unit to a Non-Eligible Household. I['th~e prospective purchaser/transferee does not qualify as an Eligible Household, the Agency shall notify the Owner and the Owner shall be obligated to either locate another purchaser/transferee who qualifies as an Eligible Household, or wait until the Agency exercises its right of first refusal to purchase the Restricted Housing Unit, as provided in Section 2.02. Notwithstanding the foregoing sentence, if the Agency has previously exercised its right of first refusal to purchase the Restricted Housing Unit, Owner may sell or transfer the Restricted Housing Unit to a non-Eligible Household pursuant to Section 2.04.. G. Documentation. The Owner shall execute a Disclosure Statement. The form of Disclosure Statem, ent and a copy of this Cov~,a shall be given to each purchaser prior to their purchase of the property. Each Eligible Household who is an Owner thereafter shall execute the Disclosure Statement in the form anached hereto as Exhibit B. H. Principal Residence. EACH OWN]iR OF THE RESTRICTED HOUSiNG UNIT MUST OCCUPY THE HOUSE AS ITS PRINCIPAL RESIDENCE FOR THE DURATION OF ITS OWNERSHIP. The Owner shall be considered as wc-3356~