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d. Accessible Unit/Special Feature Unit Housing Policy <br />e. Displaced Renters and Homebuyer Preferences <br />f. Selection Entry Requirements <br />g. Applicant under contract may not enter fair selection process <br />h. 24 Hours to Make an Offer After the Fair Selection <br />3. Homeowner Policies <br />a. Capital Improvement/Capital Update Credit and Maintenance Policy <br />b. Pre -purchase Upgrades <br />c. Insurance Requirements for Town homes <br />d. Homeownership Rental Policy <br />e. Homeownership Rental Policy Regarding Resales <br />f. Homeownership Rental Exception Policy <br />4. Resale & Developers <br />a. AMI % Change for Resale Formula <br />b. Home Income Limit Change <br />c. Homeowner Resale Calculation Policy <br />d. Resale Options Policy <br />e. Sales Commissions <br />f. Excessive Damage Assessment/Inspection Standard <br />g. Subsidizing Resale Units <br />h. Seller Concessions <br />i. Developer Contracts <br />5. Mortgage Policy <br />6. Miscellaneous Policies <br />a. Exception Requests <br />b. Not Allowing Permanently Affordable Homes to go to Foreclosure <br />c. Working with Developmentally -Challenged Applicants <br />Procedures <br />The following is a list of existing procedures that will form the basis to administer the Program <br />specific to homeownership: <br />1. Applications <br />a. Application Processing <br />b. Application Check Processing/Deposits <br />c. Application Waitlist Management <br />d. Applicant Personally Identifiable Information <br />2. Sales <br />a. Marketing A Home <br />b. Holding a Fair Selection Process <br />c. Sales - Post Selection Process to Closing <br />d. Pre -Purchase Upgrades — New Construction <br />3. Post Purchase <br />a. Capital Improvements <br />b. Refinance <br />4. Other <br />10 <br />