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1. INVITATION <br />The City of Santa Ana (City) invites proposals from qualified individuals or firms to implement <br />the City's programs for the purchase, rehabilitation and resale of foreclosed residential <br />property. The City has been designated to receive $1,464,113 in NSP3 Federal funds aimed at <br />stabilizing neighborhoods that have been impacted by foreclosures and abandoned properties. <br />The City will enter into an Agreement with the individual or firm selected to provide these <br />services. Respondents must be willing to implement all aspects of both programs. <br />The City seeks respondents who can demonstrate that they substantial experience and <br />competency in the full range of activities required to suc y implement these programs. <br />To that end, may propose teams of entities that as a & fx, iidemonstrate capacity to <br />perform all services. This entity must also have a deem P m ility to leverage the City's <br />NSP3 funds with private funds. Prior experience "NSP funde I 'vities is not a <br />requirement, but will contribute significantly, a strength of a pry pl. <br />Acting as the City's intermediary, the selected <br />the City's Priority Area as described low, an <br />resell foreclosed single family homE <br />Mobile homes will not qualify. ip <br />Interested parties are i <br />via mail, hand deliver <br />City of Santa Ana <br />The highest ranki <br />interview to be h <br />We anticipate making a red <br />Redevelopment and Housi <br />2011. <br />ill oprt a these pr6' <br />nds to acqui <br />s solely within <br />,habilitate and <br />ched or detached homes. <br />Request for Proposal (RFP) <br />e contacted on March 28, 2011 to schedule a mandatory <br />011. We highly recommend that all team members attend <br />fiendation for selection of the successful proposal to the City's <br />Commission on April 19, 2011, and to the City Council on May 2, <br />You may wish to periodically check the City's website for any notices and answers to questions <br />that may arise throughout the RFP process. <br />http: / /www.ci. santa- ana. ca. us/ cda/ NeighborhoodStabilizationProgram asp <br />Page 2 <br />�I L1111111160KOU <br />