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Community Development Agency
<br />www.santa-ana.org/community-development
<br />Item # 2
<br />City of Santa Ana
<br />20 Civic Center Plaza, Santa Ana, CA 92701
<br />Staff Report
<br />May 16, 2023
<br />TOPIC: First Amendment to On -Call Agreements for Affordable Housing Financial,
<br />Analytical, and Advisory Services
<br />AGENDA TITLE
<br />Approve a First Amendment to Agreements with Keyser Marston Associates, Inc., David
<br />Paul Rosen & Associates, and RSG, Inc. for On -Call Affordable Housing Financial,
<br />Analytical, and Advisory Services on an As —Needed Basis in a Shared Amount not to
<br />exceed $500,000
<br />RECOMMENDED ACTION
<br />Authorize the Executive Director to execute a First Amendment to three joint on -call
<br />consultant agreements for affordable housing financial, analytical, and advisory services
<br />with Keyser Marston Associates, Inc., David Paul Rosen & Associates, and RSG, Inc.,
<br />to add an additional $250,000 and to extend the term for two years until November 1,
<br />2026, for a total shared amount not to exceed $500,000, subject to non -substantive
<br />changes approved by the Executive Director and Authority General Counsel.
<br />DISCUSSION
<br />Due to the large volume of grants and activities to provide affordable housing for our
<br />residents, staff is supported by real estate consultants who provide affordable housing
<br />financial, analytical, and advisory services. These consultants provide general
<br />multifamily and single family affordable housing financial, analytical, and advisory
<br />services, bond issuance services, and assist with the City's inclusionary housing
<br />ordinance and density bonus ordinance. Following a competitive procurement process,
<br />on November 16, 2021, the City Council and Housing Authority authorized the City
<br />Manager and Executive Director of the Housing Authority to enter into on -call consultant
<br />agreements for affordable housing financial, analytical, and advisory services with
<br />Keyser Marston Associates, Inc. (KMA), David Paul Rosen & Associates (DRA), and
<br />RSG, Inc. (RSG) for a three-year term beginning November 16, 2021 through
<br />November 1, 2024, in a total shared amount not to exceed $250,000.
<br />Halfway through the term of these three on -call agreements, staff has exhausted the
<br />$250,000 in available funds originally allocated by the City Council and the Housing
<br />Authority. This is because staff has worked on various major projects with these
<br />consultants to provide affordable housing for our residents including the funding of three
<br />large multifamily affordable housing projects: Westview House, Crossroads at
<br />Washington, and WISEPlace Permanent Supportive Housing. These three projects
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