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which, before rehabilitation, have one or more substandard conditions. After rehabilitation, each unit inithe project-must, at a minimum, meet the Section 8 Housing Quality Standards for Existing Housing contained in 24 CFR 882.109. For purposes of this Section IV, substandard conditions are those housing conditions that do not meet applicable State or local housing codes or do not meet the Section 8 Housing Quality Standards. Section V. SELECTION OF ELIGIBLE NEIGHBORHOODS Rental rehabilitation funds shall only be:used to assist the rehabilitation of projects located in neighborhoods'.(a) where the median income does not exceed 809 of the median income for the area, and (b) which meet the rent affordability standard set forth in 24 CFR 511.10(d)(2). Section VI. DISPLACEMENT OF LOWER INCOME FAMILIES Rental rehabilitation funds may be used to rehabilitate structures only if the rehabilitation of-the structure will not %cause the displacement of very low- income families by families who are not.very low- income families. Displacement results if a lower income family is forced to move permanently from a project as a direct consequence of rehabilitation assisted under this contract. A lower income family may not -be displaced-without financial and advisory assistance sufficient to enable the family -to,obtain decent, safe, -and sanitary housing at.an affordable rent (as defined in 24 CFR 511.10(h)(1)(ii)(B))• -_ Section VII. ADOPTION OF TENANT ASSISTANCE POLICY Before the establishment of a program.account on behalf of Contractor under the C /MI system is authorized by Department, Contractor shall adopt and submit to Department�a written tenant•assistance policy (which shall be made available to the public upon request) concerning displacement, relocation assistance, and other assistance to tenants who reside or will reside in projects to be rehabilitated with funds provided under this contract. The tenant assistance policy shall be developed in accordance with the guidelines specified in 24 CFR 511.10(h)(2) and shall be subject to Department's approval. Section VIII. PROHIBITION AGAINST CONDOMINIUM CONVERSION Prior to the time Contractor agrees to provide rental rehabilitation funds to an Owner for an identifiable rehabilitation project, Contractor shall execute a legally enforceable agreement, containing remedies adequate to enforce its provisions, with the Owner under which the Owner agrees not to convert the units in the project rehabilitated with rental rehabilitation funds to condominium ownership or any form of cooperative ownership-not eligible to receive rental rehabilitation funds (as provided in 24•CFR 511.10(c)) for at least den (10) years beginning on the date on which the rehabilitation of the units in the project is completed. Section IX. DISCRIMINATION AGAINST SUBSIDIZED TENANTS Prior to the time Contractor agrees to provide rental rehabilitation funds to an Owner for an identifiable rehabilitation project, Contractor shall execute a legally enforceable agreement, containing remedies adequate to enforce its PAGE 2 OF 4