The Economic Stimulus Act of 2008 allows AHFs to insure loans of up to 125% of the average property price, if this amount varies between the national minimum (271,050 USD) and the maximum (729,750 USD). BIA| Bay Area offers its members an optimized process! To demonstrate compliance with the affirmative marketing requirements for FHA funding, it is sufficient for a client to indicate that it is a signatory to the Voluntary Affirmative Marketing Agreement (VAMA). We`ll take care of the rest! The erosion of the subprime mortgage market and the growing interest in Federal Housing Administration (FHA) programs as an alternative source of financing for first-time homebuyers remind owners and developers wishing to sell new homes with FHA funding that they must meet the requirements of the Department of Housing and Urban Development to market their homes affirmatively to minorities and other protected classes. Send your completed VAMA request to one of the following methods: Fax – 925-951-6847 Mail – 1350 Treat Blvd., Suite 140, Walnut Creek, CA 94597 Email firstname.lastname@example.org For more information, contact Bob Glover at (925) 951-6842 or email@example.com. Voluntary Affirmative Marketing Agreement and BIA Certification| Bay Area will process the application and provide you with the required declaration form. Please definitely read the VAMA app package for full program details….