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CITY OF SANTA ANA COMMUNITY DEVELOPMENT AGENCY - <br />AFFORDABLE HOUSING FINANCIAL, ANALYTICAL & ADVISORY SERVICES <br />F.As NEEDED IMPLEMENTATION SERVICES <br />KMA is available to assist the City and Housing Authority with any additional services that are not <br />specifically identified in this RFP. For your information, KMA regularly provides the following additional <br />services to our clients: <br />Density Bonus Analysis <br />KMA provides evaluation services related to density bonus applications submitted under the auspices <br />of California Government Code Sections 65915-65918. A representative list of clients that KMA has <br />assisted includes the cities of Palmdale, Beverly Hills, Culver City, Pasadeha, West Hollywood and Santa <br />Barbara. <br />The services that KMA provides include the preparation of financial analyses that are used to evaluate <br />density bonus applications Including: the required number of affordable units; the requested density <br />bonus; the value of any requested incentives and concessions; and the impact created by any <br />requested development standards waivers. KMA also prepares procedures to be applied by a city in <br />evaluating density bonus applications, which includes a timeline of actions for the app licant, the city, <br />the outside consultants, the Planning Commission and the City Council. <br />Homebuyer Loan Programs <br />KMA has assisted several cities and former redevelopment agencies in creating homebuyer assistance <br />programs that serve households at a range of income levels. The KMA role in this process has been to <br />assist in creating the program parameters such as household income qualifications, affordable housing <br />cost calculations, homebuyer down payment requirements, assistance caps, refinancing limitations, <br />junior lien prohibitions and resale controls. <br />KMA has also assisted numerous jurisdictions in preparing policies and proced ures manuals for <br />homebuyer programs. The attachments in these manuals include homebuyer selection procedures; <br />homebuyer eligibility applications and instructions; covenants and resale restrictions; transfer <br />disclosure statements; residency recertification forms; household income limits; affordable housing <br />cost calculations; and a subordination checklist. <br />KMA provided technical financial assistance to the City of Huntington Beach in creating a website that <br />lays out the income and affordable housing cost calculations applicable to the homebuyer programs <br />offered by the city and former redevelopment agency. The website Information is updated quarterly. <br />Keyser Marston Associates, Inc. Page J 10 <br />EXHIBIT 1