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D. "Agency" means the Community Redevelopment Agency of the City of Santa <br />Ana, a public body, corporate and politic, exercising governmental functions and powers and <br />organized and existing under Chapter 2 of the Community Redevelopment Law of the State of <br />California, and any assignee of or successor to its rights, powers and responsibilities. <br />E. "Agreement" means this Density Housing Bonus Agreement with Affordable <br />Housing Restriction, entered into by and between the City and the Developer. <br />F. "Area Median Income" means the median income figures for Orange County <br />adopted by the State of California pursuant to Health and Safety Code section 50093, as <br />amended from time to time. <br />G. "City" means the City of Santa Ana, a charter city and municipal corporation. <br />H. "Completion of the Project" shall mean the date on which the certificate of <br />occupancy is issued by City for occupancy in the Project. <br />1. "Density bonus" means the number of dwelling units approved by City for <br />development on the Property which exceeds the number specified in Recital 2 of this Agreement. <br />J. "Developer" means Santa Ana WBBB, LP, a limited partnership consisting of <br />Orange Housing Development Corporation (OHDC) and C & C Development. <br />K. "Development" means construction or rehabilitation or a combination thereof. <br />L. "Household Size Appropriate for Unit" for the purpose of determining Affordable <br />Housing Cost only, means three persons for a two bedroom Affordable Unit and four persons for <br />a three bedroom Affordable Unit. Household Size Appropriate for Unit is not intended to <br />constitute a limitation on the number of persons who may live in the Unit. <br />M. "Income Certification" means an income certification for very low income tenants <br />in a form set forth in "Exhibit B," attached hereto and incorporated herein by this reference as if <br />set forth in full. <br />N. "Project" means the construction of five (5) rental units, of which, all five will be <br />Affordable Units. <br />0. "Tenant Rental Period" means with respect to the Project, the period commencing <br />on the date of issuance of the occupancy permit and ending at the expiration of thirty (30) years <br />thereafter, pursuant to Density Bonus Law. <br />P. "Very Low Income Household/Tenants" means persons and families whose <br />income does not exceed fifty (50%) of the median income for the area, as computed by the <br />method described in the income certificate and for whom an income certification has been <br />obtained or prepared in accordance with the provisions of this Agreement, as adjusted by HUD <br />from time to time. <br />3 <br />39C-20