Agmt 2002 Citizens Housing Corporation

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i. The goal of the Community Building is to provide a setting for providing amenities and services for residents of both the 92-unit Las Palmas Apartments and the 46-unit Surf Apartments. The Community Building wil! offer an appropriate setting for services and activities which, depending on resident needs and interest, could include a computer lab and classes, structured after-school and evening programs for children and young adolescents, parties and social events, individual consultation regarding personal finances and first-time homebuyer programs, social services such as drug and alcohol counseling, services specifically targeted to single mothers such as referrals for childcare programs, and programs for seniors. Specific programs will be planned and supervised by an in-house service coordinator who works with tenants and social service agencies. The Community Building will provide an excellent day and evening recreational space for youth and adults. ii. The Community Building will be between 1,300 and 2,000 square-feet, and is anticipated to include a meeting room/classroom, small kitchen, two disabled-accessible restrooms, storage space, and an office for private consultation. The Community Building will be situated directly on Tropic Courtin the parking lot between The Surf and Las Palmas, and will be disabled accessible. The Community Building will be available for use of the Surf and Las Palmas tenants only, Exhibits A1.0, A3.0, and A4 are attached to this Exhibit A and are considered conceptual only. d. Miscellaneous i. The construction budget is approximately $1,000,000. ii. Developer will continue to work with the tenants and the City of San Leandro to assure the Surf has the appropriate amenities for children. iii. Developer will provide to the City copies of all inspections, audits, and other reports required by third parties within one month of receipt by Developer. iv. Developer shall assist the City in conducting safety and building inspections annually or as otherwise agreed upon by the City and the Developer. Developer shall also assist the City with all reporting requirements triggered by the subject loans. v. Within one week of closing, Developer shall contact the tenants to discuss plans for renovation, to solicit suggestions for improvements and to explain the income eligibility criteria and the process far qualifying. Contact with the tenants shall take place through group meetings and individual contact. Developer will make every effort to insure each tenant is well informed of his or her options. vi. Developer will make-every effort to qualify existing tenants as income-eligible according to the regulations of the California Tax Credit Allocation Committee (TCAC). Existing households who do not qualify for the TCAC program will be given at least one hundred twenty (120) days' notice of any rent increase, but at no time will any rent increase violate the City of San Leandro rent ordinance, which currently limits increases in rents to no more than $75.00 per month per year. Within six months of the close of escrow, Developer shall provide the Community Development Director with a schedule of proposed rents and increases, if any, and the percentage breakdown of affordable and market rate units.