04 - JOINT PH - Habitat DDA - Laserfiche WebLink

Home Browse Search

Response Plans and Inventory), (iv) defined as a "hazardous substance" under Section 25281 of the California Health and Safety Code, Division 20, Chapter 6.7 (Underground Storage of Hazardous Substances), (v) petroleum, (vi) friable asbestos, (vii) polychlorinated byphenyls, (viii) listed under Article 9 or Administrative Code, Division 4, Chapter 20, (ix) designated as "hazardous substances" pursuant to Section 311 of the Clean Water Act (33 U.S.C. Section 1317), (x) defined as a "hazardous waste" pursuant to Section 1004 of the Resource Conservation and Recovery Act, 42 U.S.C. Section 6901 et seq., (42 U.S.C. section 6903) or (xi) defined as "hazardous substances" pursuant to Section 101 of the Comprehensive Environmental Response, Compensation, and Liability Act, 42 U.S.C. section 9601 et seq. "Homebuyer Documents" refers to the documents to be executed by the Homebuyer upon purchase of the affordable House as set forth in Section 403.4. "House" means the building and appurtenant structures located on a Parcel and designed and intended for use and occupancy as a residence by a single Family. "Household Size Appropriate for the Unit," for the purpose of determining Affordable Housing Cost only, means four persons for a three bedroom Affordable Unit and five persons for a four bedroom Affordable Unit. Household Size Appropriate for the Unit is not intended to constitute a limitation on the number of persons who may live in the Unit. "Improvements" means the improvements to be constructed by the Developer upon the Sites in a Phase, all more specifically defined herein and in the Scope of Development. "Lender" is defined in Section 311.2 hereof. "Low Income" and "Low Income Households" shall mean persons and families whose income does not exceed the qualifying limits for Low Income families in Orange County as established by the State of California pursuant to Health and Safety Code section 50079.5, as such qualifying limit is amended from time to time. "Moderate Income" or "Moderate Income Households" shall mean persons and families whose income does not exceed the qualifying limits for Moderate Income Households in Orange County as established by the State of California pursuant to Health and Safety Code section 50093, as such qualifying limit is amended from time to time. "Monthly Housing Costs" shall mean (i) one-twelfth of the annual cost of principal and interest payments on each loan secured by a mortgage on the Affordable Unit and loan insurance fees, if any, associated with such mortgages; (ii) one-twelfth of the annual cost of property taxes and assessments; (iii) one-twelfth of the annual cost of fire and casualty insurance covering replacement value of property improvements; (iv) one-twelfth of the annual cost of property maintenance and repairs; (v) one-twelfth of the annual cost of a reasonable allowance for utilities the County Utility Schedule as adopted by the Santa Ana Housing Authority (as amended from time to time), including garbage collection, sewer, water, gas, electricity, and other heating, cooking or refrigeration fuels, but not telephone service, and (vi) one-twelfth of annual homeowners association dues and assessments. "Mortgage" is defined in Section 311.2 hereof. 5 EXHIBIT 4