A. Lower and Very Low Income Housing. All target units for lower and very low income households shall remain restricted and affordable to the designated group for a period not less than 30 years, or a longer period of time if required by the construction or mortgage financing assistance program, mortgage insurance program, or rental financing subsidy program.

B. Moderate Income. All target units for moderate income persons or families shall be initially occupied by the designated group and offered at an allowable housing expense. The target unit(s) shall be subject to an equity sharing agreement, as set forth by Section 65915 of the Government Code, unless in conflict with the requirements of another public funding source or law. (Ord. 3250 § 1, 2013).