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Affordable Rental Housing Lotteries 40B

Rental developments: the monitoring agent reviews the AFHMP, monitors the lottery and tenant

selection process for the affordable units, reviews the income eligibility documentation obtained

by the lottery agent, and reviews initial rents and leases. On an annual basis, the monitoring agent

reviews household income documentation obtained by the property manager and the affordable

unit leases in order to certify to the Subsidizing Agency that the affordable units are occupied by

income-eligible tenants.