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TENANT ELIGIBILITY The undersigned agree that the following tenant eligibility rules shall apply to the forty (40) HDG- restricted units in Ridge View Commons, located in Pleasanton, California, HDG Project No. CA031HG701. 1. Owner may lease a lower income unit only to a Tenant that is a lower income household at the time of Tenant's initial occupancy. 2. In order to determine whether a prospective Tenant or a current Tenant is a lower income household, Owner shall ascertain the annual income of the family. Annual income is the anticipated total income from all sources to be received by the family head and spouse and by each additional member of the family, including all net income derived from assets, for the 12 -month period following the effective date of initial determination or reexamination of income, exclusive of income that is temporary, nonrecurring or sporadic, as defined in 24 CFR 813.106(c) and exclusive of certain other types of income specified in 24 CFR 813.106(d). As necessary, the owner will consult with the HUD field office to obtain advice and guidance with respect to income determination. 3. Owner must verify all income, assets, household characteristics, and circumstances that affect eligibility. Written verification directly from the source must be obtained when possible. Owner must maintain documentation of all verification efforts for at least three years after the effective date of the determination. 4. In verifying income, Owner shall to the extent feasible: (a) Maintain a checklist for each Tenant documenting verification efforts and tracking progress. (b) Develop standard verification forms for all information that must be verified. Such forms should: (1) explain why the information is being requested; (2) contain Tenant's authorization to release information; and (3) ask specific questions that will solicit the specific information required. (c) Ask applicants /Tenants to sign two copies of each verification form. (d) Send self- addressed, stamped envelopes with the request for verification. (e) Make personal contacts with large employers and public agencies from whom a large number of Tenants receive income. (f) Give the Tenant an opportunity to explain any significant differences between the amounts they reported on their application and amounts reported on third -party verifications. 5. Owner shall reexamine the income of each Tenant household at least once a year.