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Agmt 2012 Bay Area Homebuyer Agency (2)
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Agmt 2012 Bay Area Homebuyer Agency (2)
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10/9/2012 9:18:53 AM
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10/9/2012 9:18:52 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
Document Date (6)
7/1/2012
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Reso 2012-077
(Approved by)
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\City Clerk\City Council\Resolutions\2012
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• Workshop participants must either currently own unit under IH /BMR or have an <br /> outstanding loan with the FTHB Loan Program. <br /> • Workshop (s) topics/curriculum shall include: financial issues and responsibilities of <br /> ownership, financial planning and savings during ownership, home maintenance and <br /> improvement, home equity, understanding and avoiding predatory lending activity and <br /> understanding San Leandro FTHB and Inclusionary Zoning loan and resale agreements. <br /> • Individual household counseling services shall be offered to workshop participants <br /> covering their specific credit and debt management needs and other homeownership <br /> issues. <br /> VI. REPORTING <br /> In addition to reporting on the progress of meeting the target goals listed above, Consultant shall <br /> submit reports every quarter with each quarterly reimbursement request to the City and shall <br /> include the following information: <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 who have purchased houses in San Leandro through homebuyer <br /> counseling <br /> • Number of households who have purchased homes outside of San Leandro through <br /> homebuyer counseling <br /> B. INCLUSIONARY OWNERSHIP HOUSING PROGRAM <br /> • Number of households on City wait list placed in new inclusionary ownership housing units <br /> • Number of new inclusionary ownership housing units for sale (by income type) <br /> • .Income levels for households placed (e.g., moderate, low, very low, extremely low) <br /> • RacelEthnicity for households placed <br /> C. POST PURCHASE WORKSHOP AND COUNSELING <br /> • Number of individuals /households that completed workshop (by FTHB loan recipients and <br /> 1H /BMR homeowners) <br /> • Number of households that received follow -up counseling (by FTHB loan recipient or <br /> IH /BMR homeowners) <br /> • <br /> Consulting Services Agreement between July 1, 2012 <br /> City of San Leandro and BAHBA -- Exhibit A Page 3 of 3 <br />
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