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Agmt 2017 Bay Area Affordable Homeownership Alliance BAAHA 3279
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Agmt 2017 Bay Area Affordable Homeownership Alliance BAAHA 3279
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11/9/2017 7:52:00 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
Document Date (6)
7/1/2017
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• Workshop participants must either currently own unit under IH/BMR or have an outstanding loan <br /> with the FTHB Loan Program. <br /> • Workshop (s)topics/curriculum shall include:financial issues and responsibilities of ownership, <br /> financial planning and savings during ownership, home maintenance and improvement, home <br /> equity, understanding and avoiding predatory lending activity and understanding San Leandro <br /> FTHB and Inclusionary Zoning loan and resale agreements. <br /> • Individual household counseling services shall be offered to workshop participants covering their <br /> specific credit and debt management needs and other homeownership 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 include <br /> 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 completion <br /> • Number of households who have purchased houses in San Leandro through homebuyer counseling <br /> • Number of households who have purchased homes outside of San Leandro through 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* <br /> • Number of households that received follow-up counseling* <br /> *(by FTHB loan recipients and IH/BMR homeowners) <br /> Consulting Services Agreement between City of San Leandro and Last revised July 1,2017 <br /> BAAHAfor Homebuyer Program—Exhibit A Page 3 of 3 <br />
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