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Agmt 2018 Bay Area Affordable Homeownership Alliance (BAAHA) #3450
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Agmt 2018 Bay Area Affordable Homeownership Alliance (BAAHA) #3450
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6/5/2019 7:21:48 AM
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11/14/2018 10:27:27 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
Document Date (6)
11/14/2018
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Target goal for the Inclusionary Housing/Below Market Rate Ownership Program: Place 2 <br />households, with preference to City residents or persons employed in the City when applicable <br />per the City's Inclusionary Zoning (or Housing) Ordinance in the Zoning Code into new or <br />existing inclusionary housing units <br />V. POST PURCHASE WORKSHOPS AND COUNSELING <br />Consultant will conduct one (1) Post Purchase Workshop and follow-up homeowner counseling as <br />needed. The Post Purchase Workshop and Counseling shall complement the FTHB and Inclusionary <br />Housing Programs by assisting participants become better homeowners. Consultant shall administer <br />one workshop based on the following: <br />• 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, 2018 <br />BAAHA for Homebuyer Program—Exhibit A Page 3 of 3 <br />
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