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B-1 <br />EXHIBIT B <br />Project Plan <br />The Developer will complete the following work in accordance with the terms and <br />conditions of this Agreement and in compliance with all applicable laws and regulations: <br />The Developer shall construct fifteen (15) housing units, which includes a mix of <br />townhomes, accessory dwelling units, and/or other housing types. <br />The Developer shall offer for sale no fewer than ten (10) properties for purchase, and seven <br />(7) of the properties shall be subject to the following requirements: <br />•No fewer than four (4) of the properties shall be purchased by households with <br />incomes at or below one hundred percent (100%) AMI. <br />•No fewer than three (3) additional properties shall be purchased by households <br />with incomes at or below one hundred twenty percent (120%) AMI. <br />Each housing unit shall be deemed complete upon the issuance of a Certificate of <br />Occupancy pertaining to that unit.