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Priority #3: Assist moderate and middle -income first-time homebuyers. <br />Resources Used: <br />The City applied Redevelopment Set -Aside funds to continue the First -Time <br />Homebuyer Program and to sponsor a homebuyers' seminar, and continued <br />participation in the Mortgage Credit Certificate (MCC) Program. <br />Activities Undertaken: <br />The First -Time Homebuyer Program, in concert with several local lenders, was <br />created to provide low -interest, deferred -payment loans to qualified low-, moderate-, <br />and middle -income home buyers. During the last year the Agency funded 36 second <br />mortgages to low and moderate income homebuyers. <br />The City sponsored and facilitated three homebuyer seminars to inform prospective <br />income -eligible first-time homebuyers of the various programs available through the <br />Redevelopment Agency, MCC, and private lenders. <br />The City continued support of the MCC program, which is administered by the <br />County. During the last year, nine certificates were made available to San Leandro. <br />Geographic Distribution: <br />These programs are offered City-wide. <br />Leverage of Non -Federal Resources: <br />N/A <br />Matching Contribution: <br />N/A <br />