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Inst 2006181157
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Inst 2006181157
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Last modified
8/17/2015 4:00:57 PM
Creation date
12/12/2006 4:42:19 PM
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Template:
CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
Document Date (6)
3/5/2006
Recorded Document Type
Regulatory Agreement
Declaration of Restrictions
Retention
PERM
Document Relationships
Inst 2010336109
(Reference)
Path:
\City Clerk\City Council\Recorded Documents\2010
RDA Reso 2006-001
(Approved by)
Path:
\City Clerk\City Council\Resolutions\2006
Reso 2006-045
(Approved by)
Path:
\City Clerk\City Council\Resolutions\2006
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<br />. . <br />. <br /> Exhibit B <br />UNIT MIX, RENT AND OCCUPANCY RESTRICTIONS <br />Restricted Unit Type Number of Required Maximum Initial Income Limit <br /> Restricted Units <br />Studio 10 ELI 30% of AMI <br /> 3 VLI 40% of AMI <br /> 3 VLI 50% of AMI , <br /> , <br />One Bedroom 3 ELI 30% of AMI <br /> 3 VLI 40% of AMI <br /> 3 VLI 50% of AMI <br />Total Restricted Units 25 <br />AMI = Area Median Income <br />ELI = Extremely Low-Income <br />VLI = Very Low-Income <br />Maximum Initial Income Limit = maximum income for a household to qualify for initial <br />occupancy in the specified Restricted Unit. <br />817718-5 <br />
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