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ECHO Housing - Proposed Agreement for Fiscal Year 2018/19 ECHO Housing has delivered quality services since January 2016, first throughout its 18-month contract covering January 2016 through June 30, 2017 and also throughout its FY2017/18 contract, and Staff is proposing that ECHO Housing's services continue to be funded during the next fiscal year. The proposed agreement will allow ECHO Housing to continue to provide pre- and post-purchase counseling services at the Housing Opportunity Center (HOC) it established at 141 North Livermore Avenue (the former Tri-Valley Housing Opportunity Center in Livermore). The HOC will continue to serve as a referral point, and ECHO Housing will continue to provide regularly scheduled walk-in hours a minimum of three days per week. As in the previous contract, ECHO Housing's scope of services includes: • Provide pre- and post-purchase education and counseling services, including but not limited to: homebuyer counseling, financial education and credit repair counseling, and other activities related to identifying and preparing first-time homebuyers for homeownership and mortgage financing opportunities provided through a variety of local, state and federal programs. • Conduct and provide a minimum of four 8-hour homebuyer education workshops (based on a HUD-certified curriculum) to educate buyers about the residential real estate purchase process and meet the Pleasanton's First Time Homebuyer Program requirements. • Prepare marketing material and conduct 1.5-hour `Introduction to Home Buying and Homeownership Programs' workshop at least eight times per year describing first time homebuyer program opportunities and ECHO Housing's services to the general public, employers, real estate and lender groups, and targeted preference groups including the Pleasanton Unified School District, Pleasanton Chamber of Commerce, Below-Market Rental Housing Complexes, Major Apartment Complexes, and Developments participating in Pleasanton's Homeownership Assistance Program. • Maintain a list of households seeking housing opportunities for use in marketing Pleasanton's housing programs. • Maintain a listing of local lenders, realtors, and title companies that are available to provide services to households interested in first-time homebuyer opportunities and act as a coordinating point of contact for mortgage assistance resources for first-time homebuyers in Pleasanton. • Provide access to program services information through ECHO Housing's website. • Provide information and referrals to the general public regarding local, state, and federal housing resources. ECHO Housing's budget for FY18/19 is below: Homebuyer Education Program — FY2018-2019 Salaries $ 16,292 Fringe Benefits $ 4,007 Rent&Telephone $ 3,096 General Operation Expenses $ 1,605 Total $ 25,000 Page 4 of 5