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EXHIBIT A <br />SCOPE OF SERVICES <br />I. STATEMENT OF PURPOSE <br />The Consultant, and its administrative entity, First Home, Inc., will provide the following services for the <br />City of San Leandro: <br />1) Administration of the First Time Homebuyer (FTHB) Program including FTHB education seminars, <br />homebuyer counseling, marketing, program development, monitoring of outstanding FTHB loans, <br />refinancing of homeowners with outstanding FTHB loans, and performance reporting. <br />2) Administration of the Inclusionary Housing/BMR Ownership Program (IH/BMR) including managing <br />(i.e., new sales, resales and refinancing) and monitoring of the City IH/BMR ownership units, <br />marketing, program development, and performance reporting. <br />3) Implementation of post -purchase workshops and counseling to San Leandro residents that have <br />become homeowners through the IH/BMR Housing and First -Time Homebuyer Programs in San <br />Leandro. <br />II. TERM AND COMMENCEMENT OF WORK <br />The term of this agreement shall be for the period of July 1, 2016 through June 30, 2017. <br />III. FIRST TIME HOMEBUYER PROGRAM <br />A. HOMEBUYER EDUCATION SEMINARS <br />Consultant will conduct two (2) homebuyer education seminars as well as the marketing and outreach <br />for each seminar. The seminars shall cover the following topics: <br />• Deciding to become a homeowner <br />• The financial and personal responsibilities of home ownership <br />• Credit — the implications for homeownership <br />• Financing and qualifying for a home loan <br />• Personal financial budgeting and planning <br />• Homebuyer financing programs - public and private sector <br />• Choosing a real estate professional and services <br />• Searching for a property <br />• Negotiating the purchase <br />• Property insurance <br />• Escrow and title procedures <br />• Closing the sale <br />• Responsibilities of homeownership (economic - including default management, personal and physical) <br />• Becoming a community member and neighbor <br />Target goal for the homebuyer education seminars: Award certificates of completion to 75 <br />households for completing the FTHB homebuyer education seminars <br />Consulting Services Agreement between City of San Leandro and Last revised July 1, 2016 <br />BAHBA for Homebuyer Program—Exhibit A Page 1 of 3 <br />