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DRA will not provide services related to the third area: multi -family and/or single-family bond <br />issuance financial advisory services. <br />DRA will provide multi -family affordable housing and inclusionary housing financial, <br />analytical and/or advisory services, which may include, but are not limited, to: <br />o Perform financial analyses in connection with affordable and mixed -income projects <br />with a variety of affordable housing financing sources, including affordable and market - <br />rate rental housing, and affordable and market -rate ownership housing. <br />® Perform financial analysis and/or subsidy layering analysis for the structuring of the <br />City's multifamily affordable housing development projects to satisfy funding <br />requirements, such as the HOME Program. <br />a Assist in compiling and analyzing general economic data regarding housing. <br />® Perform analyses in relation to the City's Housing Opportunity Ordinance and <br />inclusionary housing fund. <br />• Complete subsidy layering analysis for multi -family projects. <br />w Review construction budgets for multi -family projects. <br />® Conduct annual financial oversight of HOME Projects. <br />® Review Capital Needs Assessments. <br />• Attend City Council, Housing Authority, and/or Community Redevelopment and <br />Housing Commission meetings, as needed. <br />i. Firm Qualifications <br />Multifamily Affordable Housing Advisory Services <br />DRA has a long history of financial structuring, development and analysis of affordable <br />housing projects. Our depth. of experience provides DRA with a strong foundation for <br />developing innovative methods of financing affordable housing. DRA's track record covers a <br />wide range of renter and owner housing, mixed -use and commercial real estate transactions. <br />Financial feasibility analysis is one of DRA's core competencies. We have served as on -call <br />development and financial advisor to numerous local agencies in Southern California, <br />throughout the State of California, and nationally. In addition to the former San Diego <br />Redevelopment Agency, we have worked for the Los Angeles Housing and Community <br />Santa Ana Community Development Agency September 21, 2021 <br />Proposal to Provide Multifamily Affordable Housing Advisory Services 4 <br />