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Households combined gross annual income may not exceed AMI maximum allowances <br />stipulated in the Resale Agreement as established and published for the current year by the City. <br />Household size must be in compliance with the bedroom size/configuration of the property. <br />Household must meet minimal financial qualifying requirements to purchase the home. <br />These requirements may be more stringent that the 1St lender's financial qualifying <br />requirements. A list of requirements will be made available with the Lottery Application <br />Instructions to be delivered to interested buyers. <br />Buyer Intake and Data Management System <br />BAAHA will apply its established in-house Program Intake and Data Management system to <br />1)maximizes intake capacity, 2)screens all program applicants, and 3)directs ineligible <br />applications to the most appropriate resource(such as ECHO Housing)to help maximize the <br />ability for prospects to enter into the homebuyer process. <br />BAAHA's Program and Coordinator manages the intake system and activities. The intake <br />system incorporates a Drupal platform database and a proprietary internal Excel screening, <br />analytical, and underwriting platform. <br />PHAP inquiries and applicants who do not have a current HUD-approved education certificate <br />will be directed to ECHO Housing to secure a homebuyer education certificate. BAAHA will <br />review and incorporate the City's guidelines for education requirements. <br />BAAHA will maintain all inquiries and information acquired through their intake system in a <br />proactive database. Households maintained in the database will be contacted each time a PHAP <br />opportunity comes on market. <br />Program Application and Screening <br />BAAHA will apply its established BMR Lottery Program Application to conduct the preliminary <br />lottery screening process. Completed submitted reviewed applications enable BAAHA to <br />conduct PHAP eligibility and preference screening and to provide a preliminary"lottery" <br />eligibility determination, including"ranking preference points". BAAHA will handle all <br />activities associated with Program Screening activities, including and not limited to: <br />Collection and storage of Lottery applicant information. <br />Conducting underwriting to determine preliminary lottery eligibility and preference points. <br />Follow up to address questions, concerns,and disputes that lottery applicants may have <br />regarding their lottery status determinations. <br />Lottery <br />BAAHA will conduct the lottery. Prior to conducting the first PHAP lottery, BAAHA will <br />finalize lottery guidelines and protocols applied to the lottery with the City. BAAHA will handle <br />all activities associated with the lottery, including: <br />All follow up notifications to the Lottery applicants regarding requirements, key dates, <br />and outcomes associate with the lottery. <br />Follow up to address questions, concerns, and disputes that lottery applicants may have <br />regarding their lottery draw and ranking determinations. <br />8 1 P a g e <br />Docusign Envelope ID: F53F1E05-ADA3-465D-BE20-156E055217E3