Common use of Unit Mix Clause in Contracts

Unit Mix. The unit mix of the Affordable Units in each building shall be similar to the overall unit mix of the building within 30% of the unit mix percentage for each unit type. The table below provides two examples of permissible unit quantities in a 300-unit building which provides 6% Affordable Units (3% Middle Income and 3% Very Low Income Units): Total Building Scenario One Scenario Two Unit Type Total Quantity Unit Mix Quantity AUs %(max) Relative Ratio Quantity AUs % (min) Relative Ratio Studio 45 15% 3 16.7% +11% 2 11.1% (-26%) 1bd 135 45% 9 50% +11% 7 38.9% (-14%) 2bd 90 30% 4 22.2% (-26%) 7 38.9% +30% 3bd 30 10% 2 11.1% +11% 2 11.1% +11% Total 300 100% 18 100% 18 100%

Appears in 3 contracts

Sources: Development Rights and Responsibilities Agreement, Development Rights and Responsibilities Agreement, Development Rights and Responsibilities Agreement