Laserfiche WebLink
A. HOME Assisted Units <br /># of Units Max Gross Monthly Rent <br />10 $97WUnit <br />(1) In no event shall the rent charged to the HOME assisted tenants be more <br />than that amount of the low rent as published by HUD, as amended from <br />time to time. <br />(2) Utility allowances must be deducted from the Maximum Gross Monthly <br />Rent. The Housing Authority of the City of Santa Ana publishes the <br />Utility Allowance Schedule. <br />(3) At the time of project completion, the Developer shall provide to the <br />City the address and/or unit number of each of the HOME assisted units. <br />(4) Annually with the financial statements, the Developer shall provide an <br />annual report of rents and occupancy of assisted units, including HOME - <br />assisted units, to verify compliance with affordability requirements. For <br />the HOME units, information on unit substitution and filling vacancies <br />shall be provided to ensure that the project maintains the required unit <br />mix. <br />7.3 Rent Increases: On an annual basis, the City shall provide the Developer with the <br />maximum allowable schedule of rents for the Property. In no event can Developer charge <br />any tenant more than such amount. <br />7.4 Prohibited Fees. The Developer and subsequent owner is prohibited from charging <br />fees that are not customary, consistent with HOME ;Regulations 24 CFR section <br />92.504(c)(3)(xi). The Developer and subsequent owner can charge reasonable application <br />fees to prospective tenants; other fees only to the extent that they are reasonable and <br />customary for the project area; and fees for services provided to tenants, provided that these <br />services are not mandatory. <br />7.5 Maintenance of the Property. Solely at Developer's expense, Developer agrees to <br />maintain the Property in a clean and orderly condition and in good condition and repair and <br />keep the Property free from any accumulation of debris and waste materials. If at any time <br />Developer fails to maintain, or cause to be maintained, the Property as required by this <br />section, and said condition is not corrected after the expiration of a reasonable period of time <br />not to exceed thirty (30) days from the date of written notice from the City, unless such <br />condition cannot reasonably be cured within thirty (30) days, in which case Developer shall <br />have such additional time as reasonably necessary to complete such cure, the City may <br />perform the necessary maintenance and Developer shall pay all reasonable costs incurred for <br />such maintenance. The City shall inspect the Property annually after the date of issuance of <br />the Certificate of Completion as described in Article 17 of this Agreement. During the <br />affordability period, the Property inust meet all applicable State and local codes. The <br />Property must be free of all health and safety defects during the affordability period. <br />15 <br />