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Requires the development to accept Section 8 housing vouchers from eligible qualified applicants. The affordable units will be marketed by the developer and rented to developmentally disabled and income -eligible applicants in accordance to a marketing plan approved by both the U.S. Department of Housing & Urban Development (HUD) and Alameda County Housing & Community Development(HCD). Identifies a HUD income source to be used for calculating Annual Household Income required to determine project eligibility. Specifies that the AHA would not apply to the land in the event the PUD expires and the project is not built. The project will need additional financial support from a variety of local, County, and Federal sources to enable the project to develop. Because the project will serve persons with very low and extremely low incomes (typically between 20% - 50% of Area Median Income), significant funding will be necessary to allow rents to be affordable for the residents. SAHA will be submitting a project application for Federal and State Low Income Housing Tax Credits at the end of February 2018. The City has also notified the Alameda County Housing and Community Development (County HCD) that it will be providing the development with $7,195,844 from the City's "Base City Allocation" share of the Alameda County Measure Al Housing Bond funds, which is further discussed below. Alameda County Measure Al Bond In November 2016, the Bond was passed by over 73% of voters. The $580 million countywide Housing Bond program will fund the following three programs related to homeownership and two programs related to rental housing development: 1) Down Payment Assistance Loan Program ($50 million), designed to assist middle-income households to purchase homes and stay in Alameda County; 2) Homeownership Housing Development Program ($25 million), designed to assist in the development and Tong -term affordability of homeownership housing for low-income households to become first-time homebuyers; and, 3) Housing Preservation Loan Program ($45 million), to help seniors, people with disabilities, and other low-income homeowners to remain safely in their homes. 4) Rental Housing Development Fund ($425 million), to create and preserve affordable rental housing for vulnerable populations. See below for allocations by city from this Fund within Alameda County; and, 5) Innovation and Opportunity Fund ($35 million), to respond quickly to capture opportunities that arise in the market to preserve and expand affordable rental housing and/or prevent tenant displacement. PUD -129, Sunflower Hill Housing Commission 4 of 9