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BAHBA Agreement FY 2008-09 3 July 7, 2008 <br />The proposed contract with BAHBA to administer the FTHB and IHOP Programs in FY 2008-09 is <br />in the amount of $44,850. <br />Current Redevelopment Agency Policy <br />N/A <br />Previous Redevelopment Agency Actions <br />The Redevelopment Agency approved funds from the Housing Set Aside Fund for the <br />administration of the FTHB and IHOP Programs on June 2, 2008 with adoption of the City <br />budget. <br />City Council Committee Review and Action <br />N/A <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 />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 />Permits and Variances Granted <br />N/A <br />Environmental Review <br />N/A <br />Code Compliance Review <br />N/A <br />Board/Comission Findings <br />N/A <br />Summary of Public Outreach Efforts <br />N/A <br />Fiscal Impact <br />The contractual services agreement with BAHBA shall not exceed $44,850 to administer both <br />the First Time Homebuyer and Inclusionary Ownership Housing Programs. <br />