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03 PH - HAANNLPLAN
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03 PH - HAANNLPLAN
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Last modified
1/3/2012 3:30:59 PM
Creation date
9/20/2010 4:00:18 PM
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City Clerk
Doc Type
Agenda Packet
Item #
03
Date
4/7/2008
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I <br /> t <br /> I <br /> PEA ~iar~e: ~oi~ A~t~on~y of #h~ pity ~f Saa#~ A ~ine~ Aaw~a~ Plan fog F~s~al Yeas ~ <br /> ~A Code. CA093 <br /> b. PEA-cstab~ished e~xg~b~l~ty cr~ter~ <br /> Yes ~ a: the ro have e~~ eta far ar~ei a~n ~ ~ <br /> ~ ~ ~ ~ ~ <br /> ea~.an S ~omeaners~.p ~pt~vn program. ~n add~~.an to ~ cr~te~.a`~ <br /> des, ~~t cr~ter~a: ~can~e~ redo history, ion Payment, e~at~ansh~p <br /> nth nod far~pro~t, Mandatory ha~nea~vnership counseling prior to <br /> acquisition <br /> c. ghat actions the ~~A. undert~e to ~mp~ement e program this year <br /> ~ continue maret~n the program, including infor~aation. on re~~oca~ng to locr <br /> cast arcas, to a~~ e~igib~e ~ pa~icipants. <br /> • continue prod~.g horneo~nership counseling education ~o e~.gib~e par~cipan. <br /> . apacit~ of the to .Ad~ter a ectian S o~neoership ~rogxa~: <br /> ~'he ~'HA. has demonstrated its capacity to administer e program b~ ~e~ect a that a~p~}: <br /> stabiish%ng a ~nimun~ houaeowner donpa.ent re~u~zc~ent o~ at least 3 percent of <br /> purchase pr~cc and requiring that at feast ~ percent aft~e purchase prime comes fx~am.the <br /> family's xeso~xces. <br /> ~equir~ that ~.nanc~n 'or purchase of a home under its Sec~on ~ homeoersp <br /> be provided insured or guaranteed by ~e skate or ~edera~ avernment; co~np~ ~ <br /> secondary mortgage market under~t re~uixe~ents; yr caznp~ with e~aerall~ <br /> accepted ~r~vate nectar under~t star~daxds. <br /> Pa.er v~ith a qua~i~ed agency or agencies to dn~inis~er the program Est nalne~s~ - <br /> <br /> _ and scars of c~perience be~ov~: <br /> ~emons~ratin that ~t has other reie~vant experience fist experience hela~: <br /> i <br /> i <br /> ~Tse ~~~~e ~a~e~~~B~~ed ouc~~r P~o~~~~ <br /> Yes o: does e PIS. fan to " ra`ect~base" an t~nan~ <br /> based ect~~n vouchers in the <br /> ~ ~ <br /> caging ~ear~ ~f the ansrer is "na,~' ga to the nett evmpor~ent. ~f des, ansv~er the f~llo~ring <br /> questions. <br /> ~ . Yes ? h~a: Are there ci~cu~nstauces indicatin that the ~o `eat basin o the <br /> g g <br /> rather than tenant-basing of the same amouut of assistance is an appropz~ate op~.on? ~f <br /> check which circums~.ces apply: <br /> law u~.ii~atian rate fay ~rouhe~s due to iac~ of suitable rental units , <br /> access to neighborhoods outside ofhigh pover areas <br /> other describe below: , <br /> . indicate the number ofun~ts and general l~acaon oful. ~e.g. eligible census tracts or <br /> smaller areas eligible cea~s tracts: <br /> ~xHIB~~ i <br /> 5 <br /> <br />
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