60E - SENIOR RENTAL COMMUNITY - Laserfiche WebLink

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employer, (5) obtain an income verification form from the Social Security Administration and/or the California Department of Social Services if the applicant receives assistance from either of such agencies, or (6) if the applicant is unemployed and has no such tax return, obtain another form of independent verification. D. Upon written request by Developer, City agrees to determine promptly the Initial Rental Schedule based upon the terms of this Agreement and advise Developer of the Initial Rental Schedule within thirty (30) days of the issuance of the occupancy permit. E. Once established, the Initial Rental Schedule shall be adjusted periodically thereafter by an amount equal to the Annual Adjustment Factor ("AAF") published by HUD as applicable to the Santa Ana, California area for existing rental housing programs pursuant to Section 8 of the United States Housing Act of 1937, as amended, or, in the event the Section 8 Program or the AAF published therefore by HUD is terminated or discontinued, the Initial Rental Schedule shall be adjusted periodically by such other annual adjustment factor approved by the Santa Ana Housing Authority based upon annual adjustment factors for any comparable or successor public assisted housing program. F. Developer agrees to accept as tenants on the same basis as all other prospective tenants, very low, low or moderate income tenants who are recipients of federal certificates for rent subsidies pursuant to the existing program under Section 8 of the United States Housing Act of 1937 or its successor, and shall not apply selective criteria to Section 8 certificate holders that are more burdensome than the criteria applied to all other prospective tenants. G. With regard to the Affordable Rental Units and to the extent permitted by law, Developer agrees to give priority and offer a right of first refiisal to the Santa Ana Housing Authority in the processing of applications for very low, low or moderate income tenants to persons who are referred by the Santa Ana Housing Authority. In the event the Santa Ana Housing Authority cannot provide qualified tenants to Developer within seven (7) days following written notification to the Santa Ana Housing Authority by Developer of a vacancy or pending vacancy in the Project to be filled by low or moderate income tenants so as to meet the requirements of this Agreement, then such vacant unit or pending vacant unit may be rented by Developer to any other low or moderate income tenants in accordance with the requirements otherwise provided herein for such tenants. For purposes of this paragraph, written notification may be made by email, facsimile or another means acceptable to the Santa Ana Housing Authority. H. The affordable units in the Project shall be comparable in bedroom mix and amenities to any market -rate units in the Project and shall be dispersed throughout the Project. There shall be, at all times during the term of this Density Bonus Agreement, Ninety -One (91) studio apartments; Two Hundred Sixty Two (262) one bedroom units; and Sixty -Five (65) two bedroom units, available as affordable units. I. Developer agrees that all of the units will be available to senior citizens or qualifying residents as defined under California Civil Code section 51.3. -5- 60E-9