2012-078 RES ACCEPTING PROPOSAL FROM PARIS LIVING FOR MANAGEMENT SERVICES FOR HOMEBUYER ASSISTANCE PROGRAM

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D Equal Opportunity/Section 504 Requirements • Wlvle Paris Living understands that the City is familiar with federal Equal Employment and Section SU4 Regulations, Paris Living will undertake to ensure thaf those regularions are met during the execution of the TDHCA funded program and will be available to advise the City on issues regarding those rules and regulations. Paris Living understands that the City's Homebuyer Assistance Progi'am is essentially a financial program designed to enabie low income families to become first time homebuyers. However, although rare, there may be occasions wherein the house being purchased is new construction. In those instances, Paris Living will make itself available, on behalf of and at the request of the City, to homebuilders and deveIopers whose houses become a part of the program on an as needed basis respond to equat employment and Section SQ4 issues, should any arise. ➢ Labor Standards �nd Monitoring • In the instance where monitoring of labor standards becomes a requirement of this program and the City, Paris Living understands that the City may have employees tasked with monitoring I,abor Standards. If, however, the City desires Paris Living to perform those monitoring activities, then Paris Living will be pleased to offer monitoring scrvices to the City for a negotiated flat rate or at the at the Paris Living normal consulting rate of $90.00 per hour. ➢ Section 3 �pportunities • Paris Living is not a Section 3qualified organization. However, Paris Living will, wherever possible, encourage the hiring of, or contracting with, local individuals or companies that meet the Section 3 definitions. Pairs Living wIIl compile any periodic reports on Section 3 activities and accomplishments as may be required by TDHCA for approval and submission by the City. ➢ Affordable Iiousing Down Payment • Paris Living will continually work with the lenders and Realtors to provide the homebuyer assistance to families at lower median incomes. Althougti the program can assist families with household incomes equal to 80% of the area median income by family size, Paris Living understands the City's desire to assist families in the lower income strata. Paris Living wifl continually encourage participating lenders to assist lower income families. This will be an ongoing effod throughout the program and will be done through the lender's training and by telephone. Historically, homebuyer assistance programs managed by Paris L�ving's Executive Director have averaged assisting families at 60% of the azea median income. ➢ Contract Close Out Assistance . Paris Living will assist the City in its contract close out process by completing all the required forms on behalf of the City, interfacing with TDHCA on any issue that might preciude an appropriate closure to tl�e program and delivering all the files to the City for long term skorage. ➢ Additional Services • Paris Living wi.11 provide any and all other services as may be required by the City and that Paris Living has the ability and expertise to perform If any additianal services are required, they wilI be perfornted at the spacific request and direction of the City. Unless negotiated at a flat project rate, fees far said additional services will be billed at the Paris Living nortnal consulting rate of $90.00 per hour.