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8E Consent 2007 0904
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8E Consent 2007 0904
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Last modified
8/31/2007 4:12:08 PM
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8/31/2007 4:12:03 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
9/4/2007
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_CC Agenda 2007 0904
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2007\Packet 2007 0904
RDA Reso 2007-012
(Reference)
Path:
\City Clerk\City Council\Resolutions\2007
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<br />BAHBA Agreement <br /> <br />3 <br /> <br />September 4, 2007 <br /> <br />. Conducting post purchase counseling and education for households who have become <br />homeowners through the FTHB and/or IOH Programs <br />. Administration of a comprehensive IOH management program including City wait <br />list management and assisting in the marketing and placement of eligible households <br />into new IOH unit sale and resale opportunities <br />. Marketing/outreach <br />. Annual monitoring to ensure programmatic compliance <br /> <br />BAHBA also has an extensive network of partners and resources to assist low and moderate <br />income homebuyers with education and financial leveraging. Current BAHBA partners include: <br />the California Housing Finance Agency (CalHF A), Federal Home Loan Bank WISH Program <br />(which provides matching funds for eligible low income homebuyers), Fannie Mae, Springboard <br />Credit and Consumer Counseling Services, and a number of lenders including a not for profit <br />credit union (Meriwest). <br /> <br />Current Redevelopment A2;ency Policy <br />N/A <br /> <br />Previous Redevelopment A2;enCy Actions <br />The Redevelopment Agency executed a contractual services agreement for $11,750 with Bay <br />Area Homebuyer Agency to provide homebuyer counseling in San Leandro for FY 2006-07. <br /> <br />Citv Council Committee Review and Action <br />N/A <br /> <br />Applicable General Plan Policy <br />Housing Element, Goal 55: First Time Homebuyer Opportunities - provide opportunities for low <br />and moderate income San Leandro households to become homeowners. <br /> <br />Housing Element, Policy 55.03: Inclusionary Housing ~ require the inclusion of affordable <br />housing in new housing developments ~ both inside and outside of the redevelopment project <br />areas. Modify existing inclusionary housing ordinances as needed to make these requirements <br />clearer and more effective. <br /> <br />Permits and Variances Granted <br />N/A <br /> <br />Environmental Review <br />N/A <br /> <br />Code Compliance Review <br />N/A <br /> <br />Board/Comission Findin2;s <br />N/A <br />
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