2018-444-E Finance - Habitat for Humanity outside agency agreement

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Page 9 of 23 Board Chairperson Date 2. AGENCY INFORMATION (Be Very Brief and Concise) Please provide the following information about your agency (2 pages OR LESS): a) Years in Operation, Date of Incorporation (Month/Year): Habitat was incorporated on April 13, 1984. It has been in operation for 33 years. b)Agency’s Purpose/Mission (no more than a few sentences): Habitat for Humanity of Orange County changes lives by bringing together God’s people and resources to help families in need build and own quality affordable homes in safe and supportive communities. Habitat’s vision is an Orange County where everyone has a decent place to live. c) Types of Services the Agency Provides (bullet format): x Habitat for Humanity of Orange County is a local nonprofit organization affiliated with Habitat for Humanity International. Habitat provides affordable homeownership opportunities for families who live and/or work in Orange County, earn between 30% and 60% of the area median income, and live in substandard housing. Habitat was incorporated in 1984, and completed its first home in 1987. Since that first home, Habitat has built more than 270 affordable homes throughout the County. Through its New Home Construction program, Habitat uses donations and volunteer labor to construct energy-efficient, green-certified, high-quality homes, and then sells those homes to qualifying families. The buyers receive an affordable mortgage, and mortgage payments are recycled to build future homes. Homebuyers are required to contribute 275 hours of sweat equity toward the construction of their own and other Habitat homes. Habitat retains the right of first refusal to repurchase a Habitat home if the owner wishes to sell. Habitat uses deferred-payment second mortgages and equity sharing to ensure that the community’s investment of funds and labor will continue to benefit low- income families if the original buyer sells the home. x Since 2010, Habitat has also provided home repairs to low-wealth homeowners. To date, Habitat has completed more than 110 repair projects. Through these projects, Habitat recognizes and seeks to address the ongoing need for affordable work on existing homes in the communities where it builds. Repairs are an important aspect of Habitat’s affordable housing strategy because they offer low-cost assistance to homeowners living in deteriorating or unsafe homes, which improves their quality of life as well as the quality of life of other neighborhood residents. Habitat is also committed to strengthening the neighborhoods where it builds by developing relationships and supporting other neighborhood improvement initiatives identified by neighborhood residents. x In carrying out its affordable housing and community strengthening activities, Habitat seeks to educate and empower its homebuyers through a series of relevant workshops and one-on-one trainings. Habitat also strives to educate the broader community about the crisis in affordable housing by introducing and involving hundreds of new volunteers from all walks of life into its work each year. EXHIBIT A: PROVIDER'S OUTSIDE AGENCY APPLICATION DocuSign Envelope ID: 1263366F-0902-4D24-AE16-FC2EBB866669