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CITY OF HAYWARD INCLUSION ARY HOUSING PROGRAM BUYER\'S OCCUPANCY AND RESALE RESTRICTION AGREEMENT WITH OPTION TO PURCHASEADMINISTRATIVE COVER SHEET (Remove Upon Completion) (Use this Form for Exclusionary
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01
To fill out a notice of affordability restrictions, follow these steps:
02
Begin by entering the date at the top of the form.
03
Indicate the name of the property and its address.
04
Provide details about the type of affordability restrictions, such as income limits or rent caps.
05
State the duration of the affordability restrictions and any renewal requirements.
06
Include information about any income recertification or verification processes.
07
Clearly explain the consequences for non-compliance with the affordability restrictions.
08
Sign and date the notice.
09
Distribute the notice to the appropriate parties, such as tenants, property managers, or regulatory agencies.

Who needs notice of affordability restrictions?

01
Notice of affordability restrictions is needed by property owners or managers who administer properties subject to affordability requirements.
02
It is also necessary for tenants or prospective tenants who need to be informed about the affordability restrictions in place.
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The notice of affordability restrictions is a legal document that outlines the restrictions placed on affordable housing units.
Property owners or managers of affordable housing units are required to file the notice of affordability restrictions.
The notice of affordability restrictions can typically be filled out online or submitted through a designated housing authority.
The purpose of the notice of affordability restrictions is to ensure that affordable housing units remain available to eligible individuals or families.
The notice of affordability restrictions must include information such as income limits, rent restrictions, and other eligibility criteria.
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