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ECHO Housing - Proposed Agreement for Fiscal Year 2019/20 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 FY2018/19 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, particularly the Measure A1-funded Alameda County Down Payment Assistance Program (AC Boost) administered by Hello Housing. • Conduct and provide a minimum of two 8-hour homebuyer education workshops (based on a HUD-certified curriculum) necessary to meet the qualifications of the City's First Time Homebuyer Program and other homeownership and mortgage financing opportunities, particularly the AC Boost program. • Prepare marketing material and provide 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, particularly the AC Boost program. ECHO Housing's budget for FY19/20 is below: Homebuyer Education Program —FY2019-2020 Salaries $ 16,292 Fringe Benefits $ 4,007 Rent & Telephone $ 3,096 General Operation Expenses $ 1,605 Total $ 25,000 Page 4 of 5