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.. <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 to a qualified <br />lower-income hausehold. <br />d. Developer agrees to accept as tenants in the <br />Project recipients of federal'certifieates for rent subsidies <br />pursuant to the existing program under Section 8 of the United <br />States Housing Act of 1937 or its successor, subject to <br />reasonable verification of employment and income. <br />2. Location of Lower-Income Dwelling Units. <br />The Developer shall select, at his option, dwelling <br />units from those located in the Project for occupancy by <br />lower-income households. <br />a. Dwelling units made available to lower-income <br />households shall be of comparable size and quality as other <br />rental units in the Project which are not made available to <br />lower-income households. <br />b. Lower-income households shall have equal access to, <br />and enjoyment of, all common facilities of the Project available <br />to occupants of similar units. <br />3. Maximum Rent for Units Occupied by Lower-Income <br />Households. <br />The units occupied, or reserved far occupancy, by <br />lower-income households shall be rented, or offered for rent, at <br />a level which does not exceed thirty percent (30%) of one-twelfth <br />(1/12th) of the maximum yearly household income at which a <br />household of four persons would qualify as a "lower-income <br />household" within the meaning of Section 1(a) above. <br />- 3 - <br />