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[WRIM11.y11c3 <br />termination of Tenant's right in the Lease and/or resale of the Restricted Unit, Agent shall have <br />the exclusive right to approve any assignment of the Lease and re -sale of the Restricted Unit, and <br />that Tenant (other than Habitat) have no right to assign its interests in the Lease and/or to sell the <br />Restricted Unit without such Agent approval other than to a Leasehold Mortgage lenders as a <br />pledge to finance an Affordable Mortgage. Agent shall take all necessary steps to review the <br />income of all homeowners prior to selling to them. Agent shall allow the City to conduct periodic <br />reviews of homeowner files and files relating to affirmative marketing and outreach to ensure the <br />Project's compliance with applicable regulations and guidelines. The interests of Leasehold <br />Mortgage Lenders shall be subordinate to the Restrictions and to Agent's right to approve <br />assignrent of the Tenant Leasehold interest and resale of the home to Qualifying Purchasers <br />following foreclosure by the Leasehold Mortgage lenders. <br />(1) Local Preference. Local preference for Santa Ana residents and workers in <br />homebuyer selection shall be a requirement of the Project. Subject to the <br />prohibition of discrimination and the granting of preferences in housing <br />occupancy imposed by federal laws and regulations, the State of California, <br />and by the City of Santa Ana Affordable Housing Funds Policies and <br />Procedures, when selling the Restricted Unit and assigning its interests in <br />the Lease, Tenant, with the assistance of Agent shall use its best efforts to <br />sell the Restricted Unit and assign its interests in the Lease <br />in the following order of priority: <br />First priority shall be given to persons who have been permanently <br />displaced or face permanent displacement from housing in Santa <br />Ana as a result of any of the following: <br />o A redevelopment project undertaken pursuant to <br />California's Community Redevelopment Law (Health & <br />Safety Code Sections 33000, et seq.) -- applicable only to <br />projects funded by the Low and Moderate Income Housing <br />Asset Fund. <br />o Ellis Act, owner -occupancy, or removal permit eviction; <br />o Earthquake, fire, flood, or other natural disaster; <br />o Cancellation of a Housing Choice Voucher HAP Contract by <br />property owner; or <br />o Governmental Action, such as Code Enforcement. <br />• Second priority shall be given to persons who are either: <br />a. Residents of Santa Ana and/or <br />b. Working in Santa Ana at least 32 hours per week for at <br />