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Karen Haluza <br />City of Santa Ana <br />June 5, 20'12 <br />Pages 3 <br />3_ Program administration terms <br />4_ Methodology for. identifying eligible purchasers when the unit is resold during the <br />covenant period <br />5. Descriptions of the home buyer application and disclosure documents <br />6_ Methodology for calculating the affordable safes price when the unit is resold <br />during the covenant period <br />7. Definitions of the financing and refinancing requirements that will be imposed on <br />program participants <br />KMA will prepare the following attachments for the City's use: <br />1 _ A home buyer- application form <br />2. Sample disclosure statements <br />3. The current household income chart to be used by home owners that wish to <br />resell their home <br />4. The current utilities allowances to be used in calculating the affordable sales <br />prices for units that are being resold <br />5. An affordable sales price calculation form - <br />6. A certification Form that will be sent to HOO participants annual{y to verify that <br />they continue to reside in the home as their primary residence <br />Administrative Policy Manual for Developers of Rental Units <br />The following chapters will be included in the manual: <br />1. An introduction to the HOO requirements <br />2_ A presentation of the defined terms that are used in the manual <br />3. Program administration terms <br />4. Methodology for identifying eligible renters <br />5. Methodology for calculating the affordable rents <br />6. Policies related to complaints and appeals to the City <br />1205010; KMAKHH <br />89900.300 - <br />