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AgdaPkt 2012-06-25
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AgdaPkt 2012-06-25
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Last modified
6/25/2012 9:41:29 AM
Creation date
6/25/2012 8:57:57 AM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency
Date
6/25/2012
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6.1.K. - Page 6 <br /> "Adjusted for family size appropriate to the unit" shall have the meaning set for�h in <br /> Cali�ornia Health and Safety Code Section 50053, as amended, or any successor <br /> statute thereto. The table attached as Exhibit B sets for�h the current income limits and <br /> affordable rer�ts, as determined by City, and will be adjusted on an annual basis. <br /> 2.2 Determination of Qualified Lessees. In order to ensure compliance with <br /> this Agreement, Developer and its successors sl�all ensure tha# �acht lessee occupyEng <br /> an Affordable Unit on the Property executes Under per�alty of perjury an income <br /> verification and information form ("Income V�rification and Information Form"), in a form <br /> reasonably acceptable to the City, certifying the lessee's income. De�eloper and its <br /> successors sha!! obtair� a copy of the federal incflme tax return for each lessee <br /> occupying an Affordable Unif for the taxable year irnmediately preceding such lessee's <br /> initiai occupancy in the Project o�, if a lessee occupying an Affordable Unit certifies that <br /> he ar she cEid not file or did not retain a copy of such tax return, other satisfactory <br /> e�idence af income for such year, such as wage statements, empfoyer records or other <br /> form of indepenclent�erification a�proved by City_ <br /> 2.3 Annual Certification of Qualified Lessees and Occu anc Re ort. Annuaf <br /> reports and annua! income certifications or recertifica#ions must be st�bmitted to City in <br /> a format and contair�ing the information reasonably required by the City, including ali <br /> information necessary to rneet reporting requirements by City. The annual reparts and <br /> annual income certification shall be submitted to City on ar before February 15 af each <br /> year_ The annual reparts, at a minimum, sF�af! inciude: <br /> i) A site map showing the unit numbers and lacations of all units and <br /> alI Affordable Units; <br /> ii) Total number af Afforcfable Units that are occupied; <br /> iii) Total number o�Affordabfe Units that are vacant; <br /> iv) A cer�if[ed rent rolf fnr all units containing the unit numbers, the <br /> lease commencement and expiratian dates, the numbers of <br /> bedrooms and bathrooms within the rented units, the rental rate for <br /> each rented unit, and indicatirtg which units are re�ted as <br /> Affordabfe Units; <br /> �) For each Affordable Unit, the unit size, househo�d size, household <br /> income, income limits for a Qualified Lessee, maximum Affordable <br /> Rent payment for a Qualifying Lessee, utiiity a[lowance, ar�d actua! <br /> total monthly rent; <br /> vi) Evidence tf�at the income for each tenant of an Affardable Unit <br /> does not exceed the incame limits far a Qualified Lessee and <br /> evidence that the rent paymeRt does not exceed the Affordable <br /> Rent. <br /> ATTY/AGR12012.06112580 ECR(l1RBAN HOUS1f�G)AFFpf2DABLE HOU5ING AGREEMENT <br /> REV:Qfi-04-12 VR <br /> Page 3 0�31 <br />
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