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200001390 following information for each building in the Project and retain such records for at least six years after the due date (with extensions) for filing the federal tax return for that year (provided, however, that the records for the first year of the Qualified Project Period must be retained for at least six years beyond the due date (with extensions) for filing the federal income tax return for the last year of the compliance period of the building): (i) the total number of residential rental units in the building (including the number of bedrooms and the size in square feet of each residential rental unit); (ii) the percentage of residential rental units in the building that are Qualified Units; (iii) the rent charged on each residential rental unit in the building, including any utility allowances; (iv) the number of occupants in each Qualified Unit and changes in the number of occupants in each Qualified Unit; (v) the Qualified Unit vacancies in the building and information that indicates when and to whom the next available units were rented; (vi) the annual income certification of each Qualified Tenant per Qualified Unit; (vii) documentation to support each Qualified Tenant's annual income certification (for example, a copy of the Qualified Tenant's federal income tax return, Forms W -2, or verifications of income from third parties such as employers or state agencies paying unemployment compensation). Tenant income is to be calculated in a manner consistent with the determination of annual income under Section 8 of the United States Housing Act of 1937 ( "Section 8 "), and not in accordance with the determination of gross income for federal income tax liability. In the case of a tenant receiving housing assistance payments under Section 8, the documentation requirement of this subsection 4(d)(vii) is satisfied if the public housing authority provides a statement to the Owner declaring that the tenant's income does not exceed the applicable income limit under Code Section 42(g); (viii) the eligible basis and the Qualified Basis of the building at the end of the first year of the Qualified Project Period; and (ix) the character and use of the non - residential portion of the building included in the eligible basis of the building under Section 42(d) of the Code (e.g., tenant facilities that are available on a comparable basis to all tenants and for which no separate fee is charged for use of the facilities, or facilities reasonably required by the project); 01- 235377.02 7