Inst 2007072354 - Laserfiche WebLink

Home

use, occupancy, tenure or enjoyment of the property nor shall the transferee or any person claiming under or through the transferee establish or permit any such practice or practices of discrimination or segregation with reference to selection, location, number, use or occupancy of tenants, lessee, subtenants, sublessees or vendees of the land." Reporting Requirements. 3.] Tenant Certification. Developer or Developer's authorized agent shall obtain from each household prior to initial occupancy of each Restricted Unit, and on every anniversary thereafter, a written certificate containing all of the following in such format and with such supporting documentation as Agency may reasonably require: (a) The identity of each member of the household; and (b) Total household income. Developer shall retain such certificates for not less than three (3) years, and upon Agency's request, shall make the originals available for inspection by Agency and shall provide copies of such certificates to Agency. 3.2 Annual Report; Inspections. Developer shall submit an annual report ("Annual Report") to the Agency in form satisfactory to Agency, together with a certification that the Project is in compliance with the requirements of this Agreement. The Annual Report shall, at a minimum, include the following information for each dwelling unit in the Project: (i) unit number; (ii) current rent and other charges; (iii) dates of any vacancies during the previous year; (iv) number of people residing in the unit; (v) total household income of residents; and (vi) documentation of source of household income. Upon Agency's request, Developer shall include with the Annual Report, an income recertification for each household, documentation verifying tenant eligibility, and such additional information as Agency may reasonably request from time to time in order to show compliance with this Agreement. The Annual Report shall conform to the format requested by Agency; provided however, during such time that the Project is subject to a regulatory agreement restricting occupancy and/or rents pursuant to requirements imposed in connection with the use of federal ]ow-income housing tax credits or tax-exempt financing, Developer may satisfy the requirements of this Section by providing Agency with a copy of compliance reports required In connection with such financing. Developer shall permit representatives of Agency to enter and inspect the Property and the Project during reasonable business hours in order to monitor compliance with this Agreement upon 24-hours advance notice of such visit to Developer or to Developer's management agent. 4. Term of Agreement. 4.7 Term of Restrictions. This Agreement shall remain in effect through the SSt~' anniversary of the issuance of the final certificate of occupancy for the Project. 806740-6