Item 36 - Fiscal Year 21-22 Request for Proposals for Affordable Housing

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City of Santa Ana Community Development Agency Request for Proposals for Affordable Housing Development Page 12  Project Cash Flow o Provide a cash flow analysis that shows the order of repayment priorities. Be explicit about the cash flow assumptions.  Public Assistance Terms o Identify any responsibilities that will be requested of the City of Santa Ana. 4) Projected Rental Income / Sales Prices. Include evidence that the rental income / sales prices shown in the pro forma are reasonable and achievable. Please include a preliminary market study analysis that supports that this is achievable. 5) Community Inclusion.  Describe how neighborhood input was solicited and utilized in the development of your proposal. Specifically, provide a description of any community outreach efforts that you undertook to inform the development of your proposal, including early outreach meetings with local stakeholders, outreach to the Santa Ana Unified School District, engagement with local neighborhood associations, letters of support requested or received from local community groups, and any commitment to donate a portion of your developer fee to a project or initiative in the surrounding neighborhood.  Provide details on the development team's community outreach strategy for the project. Describe the steps you will take after approval to ensure maximum feasible participation of local low-income residents and businesses in the development of the project. Describe how the project will be developed and operated so as to insure compliance with all relevant components of the Americans with Disabilities Act. Please refer to the Community Outreach Guidelines in Exhibit J for additional guidance. 6) Proposed Development Schedule. Taking as a starting point City Council approval of the pre-loan commitment letter, provide a proposed development schedule that includes the following milestones at a minimum: site acquisition, additional required loan commitments and funding from all other funding sources, zoning change approvals (if necessary), preparation and approval of construction plans, start of construction, completion of construction, and lease-up. 7) Current Tenants. Provide a listing of all tenants currently residing in the units, if applicable. 8) Proposer shall complete and return the follow ing Exhibits attached herewith:  Exhibit B – Alignment with the City’s Housing Element and Strategic Plan  Exhibit C – Additional Insured Endorsement for Commercial General Liability Policy (Not required until after Developer selection)  Exhibit D – Proposer’s Statement  Exhibit E – Certification of Nondiscrimination  Exhibit F – Non-Collusion Affidavit  Exhibit G – Commitment to Enter into Memorandum of Understanding with the Santa Ana Work Center EXHIBIT 1