Laserfiche WebLink
<br />Target goal for Homebuyer Counseling: Provide individual counseling for 25 eligible <br />households <br /> <br />IV. INCLUSIONARY OWNERSHIP HOUSING PROGRAM <br />Consultant duties include monitoring of existing inclusionary housing/below market rate <br />ownership units, assisting homeowners with the resale of existing below market units, <br />maintenance of the City wait list for new inclusionary ownership units, marketing of new <br />inclusionary ownership units for sale, and placement of households on the City wait list <br />into new inclusionary ownership units. <br /> <br />Target goal for IncIusionary Ownership Housing Program: Place 12 households <br />from the City wait list into new incIusionary housing units <br /> <br />V. POST PURCHASE WORKSHOPS AND COUNSELING <br /> <br />Consultant will conduct at least one Post Purchase Workshop and follow-up homeowner <br />counseling as needed. The Post Purchase Workshop and Counseling shall complement the City's <br />FTHB and Inclusionary Housing Programs by assisting participants become better homeowners. <br />Consultant shall administer one workshop: <br /> <br />. Workshop participants must either currently own unit under the City's <br />Inclusionary Ownership Housing Program or have an outstanding loan with <br />the City's FTHB Loan Program. <br />. Workshop (s) topics/curriculum shall include: financial issues and <br />responsibilities of ownership, financial planning and savings during <br />ownership, home maintenance and improvement, home equity, understanding <br />and avoiding predatory lending activity and understanding San Leandro <br />FTHB and Inclusionary Zoning loan and resale agreements. <br />. Individual household counseling services shall be offered to workshop <br />participants covering their specific credit and debt management needs and <br />other homeownership issues. <br /> <br />VI. REPORTING <br />In addition to reporting on the progress of meeting the target goals listed above, Consultant shall <br />submit reports every six months to the Agency and shall include the following information: <br /> <br />A. FIRST TIME HOMEBUYER PROGRAM <br />. Income levels for households (e.g., moderate, low, very low, extremely low) <br />. RacelEthnicity <br />. Number of households that have completed homebuyer counseling sessions <br />. Number of households who have received a homebuyer education seminar certificate of <br />completion <br />. Number of households receiving WISH funds <br />. Amount of WISH funds received per household <br />. Number of households receiving City FTHB loans <br /> <br />Consulting Services Agreement between the Redevelopment Agency of <br />City of San Leandro and Bay Area Homebuyer Agency <br /> <br />[July 1, 2007] <br />Page 17 of20 <br />