A consultant has found more homeowners violating the terms of their contracts with ARCH, the Eastside's largest affordable housing program.

A new report from Oakland-based Street Level Advisors says up to 35 owners who bought their properties through the publicly-backed program have been renting their units, instead of living in them, as required by ARCH.

In addition, the consultant found that ARCH lost 43 properties – 6% of its ownership portfolio – to foreclosures over the years. Under the terms of ARCH’s contracts, a home loses its affordable status in a foreclosure and can be sold at an unrestricted price.

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