04 - JOINT PH - Habitat DDA - Laserfiche WebLink

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or national origin. The Plan shall be provided to Agency by Developer, and is attached hereto as Exhibit M. Information shall also be provided on the Developer's website, City of Santa Ana websites, City cable channel, Workforce Investment Board, Santa Ana Business Alliance, Santa Ana Unified School District, Rancho Santiago Community College District, Community Development Resource Network Newsletter, households displaced by redevelopment projects in the City and through neighborhood associations. 403.3 Income of Buyers. Prior to the sale of any Affordable Unit to a purchaser, the Developer shall submit to the Agency a completed income computation and certification form from each purchaser of an Affordable Unit in the form which is provided by the Agency. Each purchaser shall certify, to the best of the purchaser's knowledge, that it is a Low Income Household or a Moderate Income Household, as applicable, and meets the eligibility requirements established for the Affordable Unit. The Developer shall obtain an income certification (copy of Income Certification Form attached hereto as Exhibit N) from the prospective purchaser of an Affordable Unit and shall certify that, to Developer's Actual Knowledge, the income of the prospective purchaser is truthfully set forth in the Income Certification Form. For purposes of such certification, the Developer shall verify the income certification of the prospective purchaser in one or more of the following methods reasonably acceptable to the Agency: (a) obtain two (2) paycheck stubs from the prospective purchaser's two (2) most recent pay period. (b) obtain a true copy of an income tax return from the prospective purchaser for the most recent tax year in which a return was filed. (c) obtain an income verification certification from the employer of the prospective purchaser. (d) obtain an income verification certification from the Social Security Administration and/or the California Department of Social Services if the prospective purchaser receives assistance from such agencies. (e) obtain an alternate form of income verification reasonably acceptable to the Agency, if none of the above forms of verification is available to the Developer. 403.4 Homebuyer Documents. At the closing of escrow for the purchase of each Affordable Unit, the Agency will require each Low Income Household and each Moderate Income Household purchasing such Unit to execute the following documents: a. the Affordable Housing Resale Restrictions (attached hereto as Exhibit F). The Affordable Housing Resale Restrictions shall permit sales of an Affordable Unit sold to a Low Income Household only to a qualified Low Income Household or of an Affordable Unit sold to a Moderate Income Household only to a qualified Moderate Income Household, in each case, at an Affordable Housing Cost. The Affordable Housing Resale Restrictions must be fully explained 29 EXHIBIT 4