Title
Staff Report for Resolution Approving a FY 2012-13 Contractual Services Agreement with Bay Area Homebuyer Agency to Administer the City Homebuyer Programs
Staffreport
SUMMARY AND RECOMMENDATIONS
The City outsourced, under the Redevelopment Agency, the administration of its homebuyer programs: the First Time Homebuyer (FTHB) and the Inclusionary Housing/Below Market Rate Ownership (IH/BMR) Programs. The IH/BMR Program is a component of the City’s Inclusionary Zoning Ordinance. Bay Area Homebuyer Agency (BAHBA) is a nonprofit agency with extensive regional experience in administering public first time homebuyer and inclusionary/below market rate ownership housing programs.
Staff recommends that the City Council adopt a resolution approving a contractual services agreement with Bay Area Homebuyer Agency (BAHBA) for $33,065 to continue administering the FTHB and IH/BMR Programs in FY 2012-13.
BACKGROUND
Due to increased demand and inquiries in recent years regarding the City’s FTHB and IH/BMR Programs, and limited City/Agency staffing capacity, the RDA began outsourcing the administration of the City’s homebuyer programs to BAHBA in FY 2007-08. Outsourcing to BAHBA has helped to better integrate, administratively streamline, and market the comprehensive homebuyer services under both programs.
BAHBA was created in 2000 as a nonprofit joint powers authority. Its members include Contra Costa County, Alameda County, and nine cities within the two counties. BAHBA’s primary mission is to promote homeownership opportunities for low- to moderate-income households in the nine county Bay Area region. BAHBA contracts with First Home, Inc. (FHI), a for profit entity that serves as BAHBA’s administrative arm to manage operations and contracts. BAHBA administers the homebuyer/below market rate ownership programs for cities and jurisdictions including Hayward, Antioch, Alameda, South San Francisco, and Brisbane.
BAHBA also has an extensive network of partners and...
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