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income households unless Developer knew, or should have known, <br /> that such households were in fact ineligible for such <br /> classifications. <br /> <br /> b. A dwelling unit occupied by a lower income <br /> household which at the time of commencement of occupancy was a <br /> lower income household shall be treated as being occupied by a <br /> lower income household for the entire reporting period, as <br /> described in Section 6 herein, even though said household <br /> subsequently ceases to be qualified as a lower income household. <br /> <br /> c. In the event a qualified lower income household has <br /> ceased to be so qualified at the end of any reporting period, <br /> said household shall no longer be treated as a lower income <br /> household and the Developer shall be obligated to lease, or hold <br /> available for lease, the next vacant dwelling unit of a similar <br /> size and amenities to a. gualified lower income household. <br /> <br /> d. Subject to the provisions of Section 1(c), at all <br /> times the Developer shall rent or have reserved 15% of the total <br /> number of dwelling units for lower income households (i.e. 69 <br /> units). At any one time, however, the number of each type of <br /> dwelling unit rented to lower income households as defined in <br /> Section l(a) shall be within ten percent (10%) of the minimum <br /> number of each type of dwelling unit in the residential project <br /> as built, and described in the example below for the proposed <br /> residential project when completed: <br /> <br /> EXAMPLE: Minimum Number of Units <br /> to be Allocated to Lower <br /> Type Income Households <br /> <br /> One Bedroom 36 <br /> Two Bedroom 33 <br /> <br /> The range for each type shall be: <br /> <br /> Number to be Allocated <br /> Type to Lower Income Households <br /> <br /> One Bedroom 32 - 39 <br /> Two Bedroom 29 - 36 <br /> <br /> e. For any given reporting period, an average of no <br />more than fifteen percent (15%) of vacant units may be counted as <br />reserved for lower income households. <br /> <br /> 2. Location of Lower Income Dwelling Units. <br /> <br /> The Developer shall select, at his option, dwelling <br />units from those located in the Project for occupancy by lower <br />income households. <br /> <br /> a. Dwelling units made available to lower income <br />households 'shall be of comparable size and quality as other <br /> <br /> - 2 - <br /> <br /> <br />