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1 <br /> 10.1.2 A proposed substitute Approved Management and <br /> Operations Plan. The proposal must contain proposed substitute Minimum <br /> Elements deemed necessary by the Owner to maintain Coverage Standard <br /> Compliance,such as,for example,revised requirements for residents(i.e.,revising <br /> requirements in Sections 1.2.1,Section 1.2.2,and Section 2.2.1 above,which <br /> revision could include allowing non-Chronically Homeless as residents),revised <br /> admission coordination requirements(i.e.,revising requirements in Sections 2.2.2 <br /> above),revised staffing and security plan(i.e.,revising requirements in Sections <br /> 2.2.3 above),revised neighborhood outreach plan and on-site services(Le., <br /> revising requirements in Sections 2.2.4 above). Owner's proposed substitute <br /> Approved Management and Operations Plan shall conform as much as reasonably <br /> practicable to the Approved Management and Operations Plan then in effect, <br /> provided that any such substitute Approved Management and Operations Plan shall <br /> allow the Property to remain in Coverage Standard Compliance;and <br /> 10.1.3 The proposed substitute Approved Management and <br /> Operations Plan shall not require the termination of the lease of any current <br /> resident of the Supportive Housing Facility. The proposed substitute Approved <br /> Management and Operations Plan must include a transition plan detailing the <br /> provision of services for current residents through a 12 month transition period <br /> with the remaining Subsidies. <br /> 10.1.4 Any other documentation reasonably requested by the City. <br /> 10.2 City Approval. Upon the City's approval of Owner's updated <br /> operating budget and the proposed substitute Approved Management and Operations Plan, <br /> which approval will be by the City's Mayor in writing and will not be unreasonably <br /> withheld or delayed, such plan is the"Substitute Approved Management and Operations <br /> Plan"and it replaces the Approved Management and Operations Plan under this Covenant. <br /> Owner thereafter may rent units,as they become available through vacancies,in <br /> accordance with the Substitute Approved Management and Operations Plan. <br /> 10.3 Compatible Subsidy. For purposes of this section,a"compatible <br /> subsidy"is one that(a)is provided on terms consistent with the operation of the Property <br /> in compliance with this Covenant,as modified by this Section 10,with all other recorded <br /> covenants and loan documents entered into by Owner for the Property and(b)will not <br /> reduce or impair the use of low-income housing tax credits claimed for the Property. <br /> 13 <br /> 75 <br />