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as <br /> a. Secondly,I do not think its fair that the County should receive 50% <br /> of the entire equity in the home if a homeowner sells their home to <br /> someone earning more than 80%of median income. The County <br /> should only receive a percentage of the appreciation, The <br /> homeowner should be allowed to retain whatever amount of the <br /> mortgage they paid down. <br /> b. The percentage of appreciation shared with the County should be <br /> less than 50%if the County only provided 10%of the costs of the <br /> home originally. Perhaps a schedule could be developed whereby <br /> the County's share of appreciation increases as the County's funding <br /> increases. For example: <br /> • If a home has$10,000 or less in subsidy,then the homeowner earns 75%of <br /> the appreciation. <br /> • If a home has more than$10,000 of subsidy,then the homeowner only earns <br /> 505/o of the appreciation. <br /> Tara,thank you again for the opportunity to provide comment to the proposed policy. <br /> Thanks also to the members of AHAB. <br /> Please call me at 967-1545 if you have any questions about these comments. <br /> Sincerely, <br /> Robert Dowling <br /> Executive Director <br />