The Ridge is currently under construction. Only select floorplans from The Ridge are available for purchase through the Affordable Housing Program. The Affordable Housing Program is administered by Lennar with oversight by the City of Mission Viejo. To qualify, buyer must meet program criteria, income limitation requirements as established by the California Department of Housing and Community Development (“HCD”) guidelines and is subject to resale restrictions. Affordable Homeownership Program income limits may be revised and home prices, which are set based on variable factors, may also be revised. Each qualified and selected Homebuyer must sign a Promissory Note, Deed of Trust, the CDA Homebuyer Loan Agreement and other documents related thereto (Affordable Homebuyer Loan Agreement, Notice of Affordability Restrictions on Transfer of Property, etc.) in favor of the Community Development Agency of the City of Mission Viejo (“CDA”) that will make certain that the each Affordable Unit will be sold and resold at an Affordable Housing Cost for owner-occupancy by qualified and eligible Very Low Income and Low Income Household for a period of 45 years from the date of first sale. Employees of Lennar, its general contractor, any subcontractor(s), and their families are NOT eligible to purchase affordable units. Bay size may vary from home to home and may not accommodate all vehicles. Stated dimensions and square footage are approximate and should not be used as representation of the home’s precise or actual size. The builder reserves the rights in its sole discretion to make changes or modifications to maps, plans, specifications, materials, features and colors without notice. All maps, plans, landscaping and elevations renderings are conceptual in nature and are merely an artist’s rendition and are not to scale. Renderings are solely for #01252753. Copyright © 2013 Lennar Corporation. All rights reserved. Lennar, the Lennar logo and the Everything’s Included logo are registered service marks or service marks of Lennar Corporation and/or its subsidiaries. 8/13

MAKE YOUR DREAM OF OWNING A NEW HOME COME TRUE

Lennar, in conjunction with the City of Mission Viejo and in partnership with the Affordable Housing Clearinghouse is offering an affordable housing opportunity for qualified applicants. These 1 bedroom, 1.5 bath homes are being sold to qualified and eligible Very Low Income Households. Contact the Affordable Housing Clearinghouse

(a 501C3 non profit organization) to register and learn more about this opportunity. Please call (949) 859-9255.

in Mission Viejo

924 - 931 sq. ft.•

1 bedroom•

1.5 baths•

1-bay garage

Amounts shown above reflect the 2013 household income limits based on actual household size pursuant to household income limits published by the State of California, Department of Housing and Community Development (“HCD”) pursuant to Health and Safety Code Section 50052.5 and other applicable laws and regulations. Income limits for Orange County are established pursuant to Section 6932 of Title 25 of the California Code of Regulations: Income category limits and area median income limits (“AMI”) shown are also subject to annual revision, as HCD publishes revised income limits. Within each Phase of The Ridge development and based on timing of annual data issued Within each Phase of The Ridge development and based on timing of annual data issued by HCD, subsequent sales prices for Affordable Units may be adjusted by Lennar based on such HCD annual income updates/adjustments.

2013 INCOME GUIDELINES

Number of Persons in Household 1 2 3 4 Median Income (100% AMI) $61,050 $69,750 $78,500 $87,200

Very-Low Income (Below 50% AMI) $33,750 $38,550 $43,350 $48,150

R E G I S T E R T O D A Y !

AFFORDABLE HOUSING PROGRAM IN MISSION VIEJO For Eligible Very Low Income Households

(949) 859-9255affordable-housing.org

The Ridge is currently under construction. Only select floorplans from The Ridge are available for purchase through the Affordable Housing Program. The Affordable Housing Program is administered by Lennar with oversight by the City of Mission Viejo. To qualify, buyer must meet program criteria, income limitation requirements as established by the California Department of Housing and Community Development (“HCD”) guidelines and is subject to resale restrictions. Affordable Homeownership Program income limits may be revised and home prices, which are set based on variable factors, may also be revised. Each qualified and selected Homebuyer must sign a Promissory Note, Deed of Trust, the CDA Homebuyer Loan Agreement and other documents related thereto (Affordable Homebuyer Loan Agreement, Notice of Affordability Restrictions on Transfer of Property, etc.) in favor of the Community Development Agency of the City of Mission Viejo (“CDA”) that will make certain that the each Affordable Unit will be sold and resold at an Affordable Housing Cost for owner-occupancy by qualified and eligible Very Low Income and Low Income Household for a period of 45 years from the date of first sale. Employees of Lennar, its general contractor, any subcontractor(s), and their families are NOT eligible to purchase affordable units. Bay size may vary from home to home and may not accommodate all vehicles. Stated dimensions and square footage are approximate and should not be used as representation of the home’s precise or actual size. The builder reserves the rights in its sole discretion to make changes or modifications to maps, plans, specifications, materials, features and colors without notice. All maps, plans, landscaping and elevations renderings are conceptual in nature and are merely an artist’s rendition and are not to scale. Renderings are solely for #01252753. Copyright © 2013 Lennar Corporation. All rights reserved. Lennar, the Lennar logo and the Everything’s Included logo are registered service marks or service marks of Lennar Corporation and/or its subsidiaries. 8/13

CONVIERTA SU SUEÑO DE SER DUEÑO UNA REALIDAD

Lennar, en conjunto con la Ciudad de Mission Viejo y Affordable Housing Clearinghouse está ofreciendo la oportunidad de viviendas asequibles para solicitantes que califican. La vivienda de una recamara, 1.5 baños y garaje privado están de venta para familias que califican de bajos ingresos. Llamen Affordable Housing Clearinghouse (501c3

una organización sin fines lucrativos) para registrase y obtener más información sobre esta oportunidad. Al (949) 859-9255.

en Mission Viejo

924 - 931 sq. ft.•

Una recamara•

Un baño y medio•

Garaje privado

Amounts shown above reflect the 2013 household income limits based on actual household size pursuant to household income limits published by the State of California, Department of Housing and Community Development (“HCD”) pursuant to Health and Safety Code Section 50052.5 and other applicable laws and regulations. Income limits for Orange County are established pursuant to Section 6932 of Title 25 of the California Code of Regulations: Income category limits and area median income limits (“AMI”) shown are also subject to annual revision, as HCD publishes revised income limits. Within each Phase of The Ridge development and based on timing of annual data issued Within each Phase of The Ridge development and based on timing of annual data issued by HCD, subsequent sales prices for Affordable Units may be adjusted by Lennar based on such HCD annual income updates/adjustments.

Guía de Ingreso

Personas en el hogar 1 2 3 4 Ingreso medio (100% AMI) $61,050 $69,750 $78,500 $87,200

Limite de Ingreso (50% bajo el medio) $33,750 $38,550 $43,350 $48,150

¡ R E G Í S T R E N S E H O Y !

PROGRAMA DE VIVIENDAS ASEQUIBLES UBICADAS EN LA CIUDAD DE MISSION VIEJO

Para hogares elegibles con familias de muy bajos ingresos que califican

(949) 859-9255affordable-housing.org