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the unit as published by HUD. (e) Maximum Occupancy will be two (2) people per room plus one (1). Example for a two -bedroom unit, five (5) people would be maximum occupancy. (i) Developer must have a written lease between tenant and owner for a period of at least one year, unless a shorter period is mutually agreed upon. Leases must be consistent with the HOME Program regulations at 24 CFR section 92.209(g). 3.2. Affordability Levels/Unit Mix: The affordability levels/unit mix for the Restricted Units in the Project are 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 an un-restricted 2-bedroom unit reserved for the onsite manager. HOME Assisted Units Total # of Level of # of HOME ° /o Share of Units Unit Type Affordability Assisted Unit Type Units 23 1 Bed Very -Low Income (50% AMI) (Low HOME) 3 1.3% 3 2 Bed 1 33% 34 3 Bed 3 8.8% 24 4 Bed 2 8.3% (1) In no event shall the rent charged to the HOME assisted units be more than the amount of the Low HOME rent as published by HUD, as amended from time to time. (2) At the time ofproject completion, the Developer shall provide to the City the address and/or unit number of each of the HOME floating units. (3) Annually with the financial statements, the Developer shall provide an annual report of rents and occupancy of all Restricted Units, including the HOME assisted units, to verify compliance with affordability requirements. For the HOME assisted units, information on unit substitution and filling vacancies shall be provided to ensure that the project maintains the required unit mix. Except with respect to the HOME assisted units during the HOME Compliance Period, the affordable rents charged at the Project for the Restricted Units must comply with the more