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BAAHA - Proposed Agreement for Fiscal Year 2023/24 <br />Staff has been satisfied with the quality and level of service provided by BAAHA since it <br />replaced Hello Housing in May 2021, and staff is proposing that BAAHA continue to <br />administer the Pleasanton Homeownership Assistance Program (PHAP) for a period of <br />up to five years, and not to exceed $225,000 in total compensation. Implementation of <br />the proposed agreement will result in a continued high level of service to the public, <br />including existing BMR owners who may explore refinancing or selling their BMR <br />homes, PDALP program property homeowners who may explore refinancing or paying <br />off their DPA loan, and/or prospective first-time homebuyers. The agreement will also <br />continue to ensure a higher level of program compliance through the more regular and <br />systematic monitoring of current BMR owners and/or PDALP borrowers. While no new <br />BMR home sales are anticipated in FY 2023/24, BAAHA's BMR sale administrative fee <br />is reflected in the proposed agreement and would be charged if needed. <br />The proposed professional services agreement with BAAHA (Attachment 2) provides a <br />summary of the scope of services and budget. <br />u itty: Fiscal Review: Approved by: <br />I <br />Effen Clark Susan Hsieh Gerry Beaudin <br />Community Development Director of Finance City Manager <br />Director <br />Attachments: <br />1. Professional Services Agreement with ECHO Housing <br />2. Professional Services Agreement with BAAHA <br />3. Summary of Services Provided in Previous Contracts <br />Page of = <br />Docusign Envelope ID: F53F1E05-ADA3-465D-BE20-156E055217E3