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An underwriting manual containing the City's affordable multifamily housing underwriting policies and guidelines. DRA compiled the City's existing policies, prepared recommendations, and collaborated with City staff to prepare a final underwriting manual. ® Interviews with a series of cities with comparable multifamily affordable housing portfolios regarding their housing organization, staffing levels, and loan approval process for affordable housing asset management and housing loan production. DRA compared the staffing levels and process in other cities with those in the City of Denver. a Recommended changes to the City's loan agreement, covenant (regulatory agreement) and other affordable multifamily documents. ® A five-year capital plan that projects funding and expenditures for the City's affordable multifamily rental housing loan program on an annual basis. o An Excel -based financial model that allows management to analyze any prospective combination of financing sources for the preservation and rehabilitation of at -risk rental housing, including Section 221d3, 236, 221d4, expiring Section 8 or other expiring use projects, including Year 15 LIHTC projects or others. Provision of development and financial consulting services for project underwriting and financial evaluation on and ongoing basis upon written direction from housing staff. Clackamas Housing Authority Development Advisory DRA provided the Housing Authority of Clackamas County (HACC) with financial advisory services ranging from transactional assistance to strategic planning. We assessed HACC's capacity to serve as developer of affordable housing directly, through its affiliates, and/or in joint ventures with third -party development partners. DRA also analyzed the financial, economic and development feasibility of public and private sector developer proposals to HACC. Our analyses included compliance with requirements and competitive criteria of leveraged sources of Binding, which include private sources, HUD, and other public sources of funding. DRA also provided strategic, business and financial planning for HACC to manage its portfolio Of public housing, Low Income Housing Tax Credit (LIHTC) housing and special needs housing, to assure its appropriate reinvestment, rehabilitation, and if appropriate, its redevelopment. We assisted HACC with the Rental Assistance Demonstration (RAD) program though the HUD application process. DRA services under this phase combined tasks related to securing HUD Santa Ana Community Development Agency September 21, 2 02 1 ® Proposal to Provide Multifamily Affordable Housing Advisory Services 14