Homewise Leadership Team NeighborWorks Excellence in Governance Pilot Program Members: Kate Campbell Dave Hoffman Ann Lockhart Cece Derringer Mike Loftin Coach: Joe Dabek

Performance challenge: Engagement By August 2012, the Homewise Board of Directors and Executive Director will implement a decision making process effectively engaging the Homewise Board and senior management in the strategic decisions facing the organization. This process will affirm and operationalize the board’s right, obligation and value of meaningful commitment in guiding the growth of Homewise.

Structural Changes Board meeting agenda: fiduciary, strategic, & generative Consent agenda Annual meeting calendar Dashboard

Board Agenda I. Fiduciary A. Consent Agenda – To be approved with one motion with no discussion unless a board member would like to remove an item from the consent agenda for further discussion 1.) Approval of Minutes, August 20, ) Approval of Agenda for September 21, ) Resolution requested by Washington Federal for Authority to Open a Bank Account – Included in packet for your review - Bruce B. Resolution for Discussion 1.) Resolution to Purchase Tessera Subdivision consisting of 74 developed lots, 78 entitled, undeveloped lots, and 92 acres of raw land – To follow later this week - Mike C. Financial Report 1.) Dashboard Report – Discussion – Bruce 2.) Board Financials – Bruce II. Governance Committee 1.) Nomination of Steve Kopelman – Resume included for your review 2.) Update on Board Member Recruitment III. Strategic and Generative Discussion 1.) Discussion of Homewise USA Strategy – Included in packet for your review - Mike Next Meetings: Monday, October 15, 2012 – Homewise Training Room Monday, November 19, 2012 – Homewise Training Room

Annual Calendar

Dashboard

Adaptive Changes: Governance Committee work ongoing

Four new board members

Strategic & Generative Homewise USA: how best to share Homewise business model? Shifted strategy from one-on-one consulting to offering services as mortgage lender.

Future work Policy governance: – Decide if Homewise wants to adopt policy governance; if so – Develop implementation strategy; – Monitor and make modifications. New board member orientation – Develop packet and process & implement Consider term limits for board members

Board Source and NeighborWorks Excellence in Governance Challenge to Participants