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by City's issuance of all required permits for occupancy of the Unit, the date specified by City's <br />issuance of all required permits for occupancy of the Unit shall control. <br />3.3 Affordability Levels / Unit Mix. <br />3.3.1 Manager's Unit. The Project may have one (1) Unrestricted <br />Unit that is a one -bedroom unit for the manager and which is not subject to the <br />requirements for an Affordable Unit referenced herein. <br />3.3.2 Affordable Units. The Project, for purposes of this <br />Agreement, shall provide ten (10) Affordable Units. Owner shall provide eight (8) <br />Affordable Units for occupancy by Qualified Homeless Youth, and two (2) <br />Affordable Units for Qualified Seniors, as follows: <br />No. of <br />Affordability <br />No. of Units <br />Occupancy <br />Bedrooms <br />(incomes / Rents) <br />1 <br />1 <br />Qualified Homeless <br />Youth <br />30%AMI /30%AMI <br />MTSP Rent <br />2 <br />7 <br />3 <br />2 <br />Qualified Seniors <br />50%AMI/50%AMI <br />MTSP Rent <br />3.3.3 Shared Housing. The Affordable Units for Qualified Seniors <br />shall be operated as shared housing, and each bedroom shall be rented as individual <br />units to Qualified Seniors of the same household. The remainder of each <br />Affordable Unit shall be shared by the residents. <br />3.3.4 Affordable Rent. Owner covenants that the Affordable Units <br />shall at all times during the Total Affordability Term be rented to, or held vacant <br />and available for immediate occupancy by an Eligible Household at an Affordable <br />Rent. The Affordable Rent shall comply with the following. <br />3.3.5 For the eight (8) Affordable Units restricted for Qualified <br />Homeless Youth, the Affordable Rent for each Eligible Household shall not exceed <br />the thirty percent (30%) of area median income (AMI) rent limit as published by <br />HCD for the Multifamily Tax Subsidy Program ("Affordable Homeless Youth <br />Rent"). <br />3.3.6 For the two (2) Affordable Units restricted for Qualified <br />Seniors and operated as Shared Housing units as described in Section 3.3.3, the <br />total Affordable Rent for the Affordable Unit shall not exceed the fifty percent <br />(50%) AMI rent limits as published by HCD for the Multifamily Tax Subsidy <br />Program. The rent for each individual bedroom rented out as a single unit to <br />Qualified Seniors of the same household shall not exceed the lesser of ("Affordable <br />Senior Rent"): <br />