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Administrative Plan 4/1/2016 Page 15-15 <br />15-VII.E. ADDITIONAL SAHA REQUIREMENTS FOR SEARCH AND PURCHASE [24 <br />CFR 982.629] <br />It is the family’s responsibility to find a home that meets the criteria for voucher homeownership <br />assistance. SAHA may establish the maximum time that will be allowed for a family to locate <br />and purchase a home, and may require the family to report on their progress in finding and <br />purchasing a home. If the family is unable to purchase a home within the maximum time <br />established by SAHA, SAHA may issue the family a voucher to lease a unit or place the family’s <br />name on the waiting list for a voucher. <br /> <br />15-VII.F. HOMEOWNERSHIP COUNSELING [24 CFR 982.630] <br />Before commencement of homeownership assistance for a family, the family must attend and <br />satisfactorily complete the pre-assistance homeownership and housing counseling program <br />required by SAHA. HUD suggests the following topics for SAHA-required pre-assistance <br />counseling: <br />• Home maintenance (including care of the grounds); <br />• Budgeting and money management; <br />• Credit counseling; <br />• How to negotiate the purchase price of a home; <br />• How to obtain homeownership financing and loan pre-approvals, including a description of <br />types of financing that may be available, and the pros and cons of different types of <br />financing; <br />• How to find a home, including information about homeownership opportunities, schools, and <br />transportation in SAHA jurisdiction; <br />• Advantages of purchasing a home in an area that does not have a high concentration of low- <br />income families and how to locate homes in such areas; <br />• Information on fair housing, including fair housing lending and local fair housing <br />enforcement agencies; and <br />• Information about the Real Estate Settlement Procedures Act (12 U.S.C. 2601 et seq.) <br />(RESPA), state and Federal truth-in-lending laws, and how to identify and avoid loans with <br />oppressive terms and conditions. <br />SAHA may adapt the subjects covered in pre-assistance counseling (as listed) to local <br />circumstances and the needs of individual families. <br />SAHA may also offer additional counseling after commencement of homeownership assistance <br />(ongoing counseling). If SAHA offers a program of ongoing counseling for participants in the <br />homeownership option, SAHA shall have discretion to determine whether the family is required <br />to participate in the ongoing counseling. <br />3-337