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-+IMk� . �'�s. , . .� :;n: .. _4_'.. � ,:CL"� � . �'1r"� `_ �.:FS^ , - ��lF'�,✓� , -._ . f .:�:;--__ .. "' .j".'_.._:. . . ' . �h-!.e...__ •. ^Si:� ., �• . � —�r:= ��+' i'•.r. .L i.__ 9T- �10986 � ::- , (m) that the Owner will not knowingly take or permit to be taken any action . .��.;;,-- _..� which would have the effect, directly or indirectly. of subjecting the Owner of the '.-�":"-_- � �� Project to noncampliance with Section 42 of the Code and the Regulations; ��:_'� _ (n) that the Owner may sell, transfer or exchange the entire Project at any __ time, but the Owner shall notify in writing and obtain the agreement of any buye� or x:;�-- -�� successor or other person acquiring the Project or any interest therein that such =-- acquisitxon is subject to the requirements of this Agreement. The Owner shall promptty �� notify the Authority of such transfer. This provision shall not act to waive any other , - { restriction on such sale, transfer or exchange; and = �� (o) that the Owner (or its property manager with respect to the Project) shall - attend in each year of the Quali�ed Project Periad at teast one of the property � management/compliance monitoring sessions sponsored by the Authority. __- - �'� Section 4. Occupancy Restrictions. For the purpose of satisfying the requirements of __ ��, Section 42 of the Code, at least for the Qualified Project Period, the Owner hereby represents, " .�;�;-� . covenants and agrees as fallows: ._�.��r � ��, -�� (a) throughout the Qualified Project Period (excluding vwelling Units not �`�_-_ . — previously occupiedj, at Ieast ihe i�ppiicable JC�-H�1l�IC Feiceatage of thc comgl�icd =�'�°'""°'� - `` Dwelling Units in the Project shall be both a Rent Restricted Unit and occupied solely �? � �'_ .. �_, n by Qualified Tenants,prior to the satisfaction of which no additional units shall be rented ; �;: �� or leased to any other tenants after initial rental occupancy of Dwelling Units by = p� Qualitled Tenants, as required by Section 42 of the Caie. For purposes of satisfying the ='�. ; requirement that not less than the Applicable Set-Aside Percentage of the Dwelling Units � - X. be occupied by Qualified Tenants, no Quali�ed Tenant shall be denied continued occupancy because, after admission. the Qualified Tenant's family income exceeds the _,� applicable qualifying income level set forth in the definition of"Qualified Tenant"herein. — The Owner shall at all times during the Qualified Project Period maintain the percentage requirements of this Agreement by providing the next available units of comparable or = smaller size to Qualified Tenants as needed to achieve compliance with the foregoing ._.-� requirements. If necessary, the Owner shall refrain from renting Dwelling Units in the a;:m-��- Project to persons other than Qualified Tenants in order to avoid violating the _ requirement that at all times duri�ng the Quali�ed Project Period at least the Applicable :�--- Set-Aside Percentage of the completed Dwelling Units in the Project shall be both a Rent ��''�'"� Restricted Unit and occupied by Qualified Tenants; � . .�� (b) to obtain and maintain on file from each Quali�ed Tenant residing in the ' '�'i�.,:,:;.�;:�°. , l Pro ect(which shall be obtained and u dated each ear durin occu anc b such tenant '-�-`+s ;,`'`?'•� .1 P Y g P Y Y ) �;..,�,. ., �1 a copy of such tenant's executed Certification of Tenant Eligibiliry and Income Verification (attached hereto as Exhibit B or in such other form and manner as may be ��';,�. � required by the applicable rules, regulations or policies now or hereafter promulgated by ithe Authority, the Department of the Treasury or the Internal Revenue Service), as well I I I I � OUSiS6119.1�PORM� 6 _ ! L . .. _ .._.. _ . , r _. , � � �_ �