Initial Income Certification. Owner shall require all households applying for occupancy of For-Rent Affordable Residential Units to submit an Income Certification at the time of application on the form attached as Attachment B. Owner shall make reasonable efforts to verify such Income Certifications, including without limitation calling such applicants’ employers or other sources of income to confirm the income shown.
Appears in 2 contracts
Samples: Vertical Disposition and Development Agreement, Vertical Disposition and Development Agreement
Initial Income Certification. The Owner shall require all households applying for occupancy of For-Rent Owner Affordable Residential Housing Units to submit an Income Certification income certification at the time of application and annually thereafter on the form attached hereto as Attachment B. A. The Owner shall make reasonable efforts to verify such Income Certifications, including without limitation calling such applicants’ employers or other sources income certifications. The initial rentals of Owner Affordable Housing Units for each household shall be to households whose income to confirm the income shown.does not exceed sixty percent (60%) of Area Median Income
Appears in 2 contracts
Samples: Mission Bay South Owner Participation Agreement, Mission Bay South Owner Participation Agreement
