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OPERATING MANUAL For-Sales Units Hoboken, New Jersey Prepared by: Exeeu-Teeh Ine. 101 Willow Grove Brive Lincroit, New Jersey 07738 18/15/68 ‘Table of Contents INTRODUCTION What Is Hoboken Workforce Housing. Fair Housing & Equal Opportunity... Overview of the Administrative Procedure Overview of the Resale Process. ROLES & RESPONSIBILITIES Responsibilities of the city's designated employee or ager wu. Responsibilities of the City Attorney. Responsibilities of the owner MARKETING. Overview of the Procedures RANDOM SELECTION & APPLICANT POOL. Initial Randomization Household Size Preference. HOUSEHOLD CERTIFICATIO! Procedure for Income-Eligibility Certification. Asset Limit. ‘The Applicant Interview Records Documents Household Composition and Circumstances... Approving or Rejecting a Household umm Dismissal of Applications .. ‘SALES PRICES. Determining Resale Prices sue ID ae 20 Determining the Recapture Mortgage. wrens 20 WAIVERS AND EXEMPTIONS .wese Hardship Waiver so Exempt Transactions. VIOLATIONS, DEFAULTS AND REMEDIES. MAINTENANCE OF RECORDS AND APPLICANT FILES .. Files To Be Maintained on Every Appticant .. Files To Be Maintained on Every Unit.. Files To Be Maintained on Every Project. Files To Be Maintained on The Applicant Pool Other (Reserved) esuvses APPENDICES A. Income Limits Chart BL Floor Plans C. Form of deed, recapture mortgage, recapture note D. Owner certification E Brochure F. Application G. Resale Procedures for Owners Wishing to Sell a Unit

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