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Exhibit D <br /> • <br /> RECORDING REQUESTED BY <br /> AND WHEN RECORDED MAIL TO: <br /> City of San Leandro <br /> 835 East 14th Street <br /> San Leandro, CA 94577 <br /> • <br /> Attn: Executive Director <br /> • <br /> Space above this line for Recorder's use. <br /> NOTICE OF AFFORDABILITY RESTRICTIONS ON <br /> TRANSFER OF PROPERTY <br /> THIS NOTICE OF AFFORDABILITY RESTRICTIONS ON TRANSFER OF <br /> PROPERTY (this "Notice") is dated as of , 20 with <br /> reference to that certain real property consisting of approximately_ acres located in the <br /> City of San Leandro ("City") and more particularly described in Exhibit A attached <br /> hereto (the "Property"). <br /> 1. The City of San Leandro, a municipal corporation ("City") and Alameda Housing <br /> Associates, L.P., a California limited partnership ("Owner") have entered into that 1, <br /> certain Affordable Housing Regulatory Agreement and Declaration of Restrictive <br /> Covenants (the "Regulatory Agreement") dated as of the date hereof and recorded in <br /> the Official Records of Alameda County substantially concurrently herewith. <br /> 2. The Regulatory Agreement requires not less than fifty-five (55) of the residential <br /> .units developed on the Property to be rented at affordable rents to households who <br /> qualify as Very Low-Income and not less than an additional fifty-eight (58) of the <br /> residential units developed on the Property to be rented at affordable rents to <br /> households whose income is less than or equal to ninety percent (90%) of Area Median <br /> Income, as more particularly set forth in the Regulatory Agreement. <br /> 3. The restrictions set forth in the Regulatory Agreement will be in effect for a <br /> period of fifty-five (55) years, commencing on the date of issuance of a final certificate <br /> of occupancy for the Project unless the term is extended by mutual agreement of the <br /> City and Owner. <br /> This Notice is intended to provide notice of documents that affect title to the Property. <br /> Reference should be made to the Regulatory Agreement for a more detailed description <br /> of all matters described in this Notice. In the event of any conflict between the terms of <br /> this Notice and the terms of the Regulatory Agreement, the Regulatory Agreement shall <br /> prevail. <br /> This Notice is being recorded and filed in compliance with California Health and Safety <br /> • <br /> 1441221\1339451.3 <br />