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<br />BAAHA Scope of Services Contract Year 2025/26 | P a g e 13 <br />implemented in the 2022/23 BAAHA administrative contract, BAAHA will add the 2.5% fee to <br />the gross resale price of the BMR. BAAHA/HQR will act as both the seller’s and the buyer’s <br />agent in the transaction. The buyer will not be charged an additional administrative fee. <br /> <br />For New Developments – BAAHA’s and/or its affiliate Home Quest Realty proposes to collect <br />BMR sale administrative fees directly from the BMR developer/seller. BAAHA will not be <br />charging the City directly for this service. The fee for this service may vary from 1.5% to 2.5%, <br />and is based on: the level of services required by the developer, the number of units that are <br />placed for sale, and the number of project phases; including the duration of time between each <br />developmental phase. Projects with a longer duration of time between the release of phases may <br />incur a fee on the higher end of BAAHA’s fee spectrum. Such projects may entail BAAHA to <br />run separate outreach and screening campaigns. Fees will also be structured on the level of <br />services required by the developer. Developers requesting that BAAHA’s affiliate Home Quest <br />Realty, is involved with the BMR sale will be asses a fee on the higher end of the spectrum. <br />Developers that require all the services, less the real estate purchase transaction services, will be <br />charged a fee at the lower end of the fee spectrum. A fee schedule that incorporates all the above <br />considerations will be devised and agreed upon by all parties involved at the onset of each <br />development with new BMR properties. <br /> <br />BAAHA ADMINISTRATIVE BUDGET - SYNOPSIS <br /> <br /> <br />Fees charged could change through mutually agreed upon adjustments in the type and level of <br />services required by the City. <br /> Units Charge <br />Per Unit Total Fee Fee Per <br />Category <br />I. General Ongoing Program Administration (not to exceed amounts) <br /> Ongoing Program administration activities and support per <br />month $500 $6,000 <br /> Annual monitoring PHAP properties 100 $175 $17,500 <br /> Ongoing real estate professional support activities per <br />month $125 $1,500 <br /> Review, analysis and recommendations for PHAP/PDALP On going $5,000 $5,000 <br /> Gross projected fees for program administration (annual) $30,000 <br /> <br />II. Deliverables (fee will vary based on units delivered) Units Per Unit <br />Total <br />Projected <br />Fee <br />Fee Per <br />Category <br /> PHAP PDALP owner workshop 1 $2,000 $2,000 <br /> Structuring and distribution of PHAP/PDALP owner’s manual 1 $3,000 $3,000 <br /> Program Resource Introductory workshop 1 $2,500 $2,500 <br /> PHAP PDALP buyer introductory workshop 1 $2,500 $2,500 <br /> HUD approved homebuyer education seminar 1 $3,500 $3,500 <br /> PDALP DPA participant placement fee per loan placed 1 $2,500 $2,500 <br /> Refinance of PHAP and/or DPA loans 1 $850 $850 <br /> Gross projected fees for deliverables (annual) $16,850 <br /> GROSS PROJECTED ADMINISTRATIVE FEES $46,850 <br />Docusign Envelope ID: 214AA125-B9A3-49B6-B526-E3722E6242D7Docusign Envelope ID: 5B4696E6-28B9-475F-84C2-EBE17D94B7CC