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Following its mission and strategic plan, the Center has fulfilled many of its goals including: establishment as an independent 501(c)3 non -profit organization with a governing Board of Directors comprised of community industry representatives; acquisition and relocation to permanent headquarters located in downtown Livermore; and most recently, formal recognition as a U.S. Department of Housing and Urban Development (HUD) approved housing counseling organization. The Center was able to reach these milestones by partnering with community organizations, such as the Bay East Association of Realtors, and working closely with its City partners who have provided technical assistance in an advisory capacity to the Center and facilitated the support of its congressional representatives who have secured $375,000 in HUD - funding. The Center continues to foster relationships with local businesses and organizations to better serve the residents of the Tri- Valley. During its tenure the Center has provided services to nearly 9,000 Tri - Valley residents which include: • 147 households in Dublin, Livermore, Pleasanton, Danville and surrounding areas who have successfully achieved homeownership. • 1,442 households who have attended a Center Orientation • 558 households who were enrolled into Center Financial Education Programs • 767 households who have completed Center's eight -hour First Time Homebuyer workshop • 45 households who have attended "Protect Your Investment" workshops, since 2009, and received Early Mortgage Delinquency and Default Services • 206 households who have received free tax preparation through Volunteer Income Tax Assistance (VITA) with over $160,000 in tax returns having been retained in the local community since 2008 COMMUNITY NEEDS Services offered by the Center have created financial stability for many Tri- Valley residents, and these services are needed now more than ever. Programs provided by the Center are vital and necessary to assist those who are currently facing financial hardships. In the near term, Center proposes to support community stabilization and economic recovery through three core services: pre - foreclosure prevention, post - foreclosure financial education and literacy; and homebuyer education. Foreclosure Counseling: Programs initiated at the Federal level to deal with the foreclosure problem, such as the Making Home Affordable Mortgage Program (HA VIP) of 2009 and the Home Affordable Foreclosure Alternatives Program, require extensive application processes and follow -up with lenders which can be difficult for homeowners in crisis to navigate on their own. The Center has and will continue to provide local, accessible assistance through every step of the loan modification application process and communication with lenders. The Center also works with a network of partner organizations to connect residents with legal counseling and advice on other options to foreclosure, and their rights under circumstances in which residents have been victimized by predatory loan modification scams. The Center recently partnered with Housing and Economic Rights Advocates (HERA) and North Richmond Community Housing Development Corporation (CHDC) to provide a free workshop, hosted by City of Dublin, that presented information on foreclosure scam prevention and provided on -site counseling. Forty (40) residents from the cities of Dublin, Livermore, Pleasanton, San Ramon and surrounding communities participated. Center, HERA and CHDC were able to assist 25 households at the workshop and follow up appointments were scheduled. These results demonstrate the continuing need for foreclosure counseling accessible to residents in the Tri - Valley and the integral role Center plays in connecting Tri - Valley residents with specialized legal and housing counseling services. We anticipate that the foreclosure trend will continue and more residents will be affected based on review of recent foreclosure activity data (www. RealtvTrac.com). The source cites a total of 6,111 households within the five cities that are experiencing pre - foreclosure activity as shown in Attachment 1. The Center will market foreclosure counseling services at no cost to the affected households, primarily through its designation as an approved housing counseling agency listed as a resource on the HUD website. Page 2 of 9