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be consistent with Section 6.14. 7.2. Affordability Levels/Unit Mix: The affordability levels/unit mix for the Restricted Units in the Project is as follows: Unit Size 30% TCAC AMI 60% TCAC AMI Total No. Units Current Rent No. Units Current Rent 1 Bedroom 23 $756 23 2 Bedroom 3 $908 3 3 Bedroom 21 $1,049 13 $2,098 34 4 Bedroom 16 $1,170 8 $2,341 24 Total 63 21 84 The remaining unit will be a 2-bedroom unit reserved for the on -site manager. (1) Annually with the financial statements, the Developer shall provide an annual report of rents and occupancy of all Restricted Units to verify compliance with affordability requirements. The affordable rents charged at the Project must comply with the most stringent of the standards set forth by TCAC as defined in Affordability Restrictions on Transfer of Property and the requirements of Section 6(b) of the CSCDA Regulatory Agreement. A utility allowance must be deducted from the maximum affordable rent charged at the Project for each unit. Initial rents may be recalculated to allowable rental amounts at the time of initial lease -up following completion of construction in accordance with any changes in allowable rent and income tables as published by HUD and TCAC. 7.3. Rent Increases. On an annual basis, the City shall provide Developer with the maximum allowable schedule of rents for the Property in accordance with changes in allowable rent and income tables published by HUD and TCAC. In no event can Developer charge any tenant more than such amount. All rent increases are subject to City approval pursuant to the terms of this Section. No later than sixty (60) days prior to the proposed implementation of any rent increase, Developer shall submit to the City a schedule of any proposed increase in the rent. The City will disapprove a rent increase if it does not comply with the restrictions set forth in Section 7.1 and 7.2 above. Subject to the applicable requirements and provisions of, and changes to, Section 42 of the Code, if, upon recertification of the income of any tenant, the Developer determines that such tenant has an adjusted income exceeding 30% of the applicable Median Income for 15 Westview House City Rentat Rehabilitation Program Loan Agreement