Laserfiche WebLink
<br />EXHIBIT B <br /> <br />COMPENSATION SCHEDULE <br /> <br />Consultant shall bill Agency on a quarterly basis for services rendered on billing rates based on <br />actual hours or unit costs applied towards services as described below: <br /> <br /> Unit Number of Projected <br /> Unit Format Fee Units Cost <br />Homebuyer Education and Counseling (includes WISH "1) <br /> Homebuyer seminar Per seminar $1,500 2 $3,000 <br /> Homebuyer counseling Per household $75 25 $1,875 <br /> Outreach budget for 12 months $3,000 <br /> Total budget for Homebuyer Education and Counseling $7,875 <br />Real Estate Professional Workshops <br /> Two program workshops for agents and lenders Per seminar 750 $750 <br /> Total budget for Professional Workshops $750 <br />Homebuyer Down Payment Assistance Program <br />"2 Placement (first twelve months) % of funding 1.50% $210,000 $3,150 <br /> Administration and monitoring Per closed loan $100 27 $2,700 <br /> Total budget for Homebuyer Down Payment Assistance Program $5,850 <br />Inclusionary Ownership Housing/Below Market Rate Program <br />"3 Administration and monitoring Per BMR unit $150 47 $7,050 <br />"4 Placement (includes setting up 1 st year admin) Per BMR unit $500 12 $6,000 <br /> List management Per year $2,500 <br /> Total budget for IOH/BMR Program $15,550 <br />Post Purchase Program Related <br /> Post purchase workshops Per workshop $1,500 1 $1,500 <br /> Counseling Per participant $75 5 $375 <br /> Total budget for Post Purchase Program $1,875 <br />General Administration <br /> Reporting, design and general admin related Per year $3,000 <br /> Total budget for General Administration $3,000 <br /> Total budget not to exceed $34,900 <br /> <br />*1 All WISH program related activities and fees incorporated into the general homebuyer and counseling program <br />*2 Placement based on funding $210,000 of loans in first year - loan unit size subject to adjustment per <br />evolvement of the DPA contract <br />"3 Based on projected BMRunits under management in the first twelve months <br />"4 Fees associated with coaching, guiding and counseling buyer and interacting and assisting with sales <br />Logistics between lender, borrower, and developer. <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 19 of20 <br />