The Corporation receives program fees as follows:

Closing Fee     .05%

Annual Fee      .02%

The minimum closing fee is $1,500, as well as a minor fee for ABAG's legal counsel.

Borrowers will also be responsible for the fees and expenses of the underwriters, Bond Counsel and the Trustee, all of which will be procurred by the Corporation. Borrowers may also engage their own Financial Advisor at their own expense.