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Applications must be complete. Incomplete applications will not be evaluated although the City reserves the right to <br />waive minortechnical deficiencies in the application and to request minor corrections or clarifications. The City also <br />reserves the right to reject any or all proposals, or to accept any portion of any proposal, or all items proposed, if <br />deemed in the best interests of the City. <br />Due to the administrative burden on the city and the grantee associated with receipt of funds, the minimum request for <br />funds is $500,000.00. The City may award all, some or none of the funds requested and it may award the funds in the <br />form of a grant or a loan. <br />The City of Santa Ana has final approval of the project's management plan perty management firm. The City also <br />has final approval on service provider and services provided to residen <br />The Developer should have a track record of developing similar prow nd eek additional leveraging resources <br />other than City funds or tax credits. <br />i. Eligible Recipients <br />• Nonprofit organizations <br />• For - profit and Non - profit Developers <br />ii. Eligible Activities <br />n <br />y's Inclusion sing re to targe residents with very -low, low, and moderate incomes <br />20% Area Medi ome <br />iv. Evaluation <br />• Mana t Capacity: su ful comp etion of past projects on time and on budget. <br />• Commun b efit: prima enefits low- and /or moderate - income persons. <br />• Cost Effectiv : both d I the project and long -term sustainability. <br />• Long Term Affo "ty <br />• Population served ing documentation demonstrating need <br />• Project Schedule <br />• Financial Feasibility— including a budget detailing and explaining all costs <br />• Subsidy need demonstrated <br />• Other sources of project funding leveraged <br />• Alignment with the City's General Plan, Housing Element and Strategic Plan <br />• Maintenance of existing housing assets as safe, decent and sanitary housing units that are code - compliant <br />• Complete Application <br />• Impact of acquisition or rehab of rental or owner property on current residents. <br />City of Santa Ana Community Development Agency <br />Request for Proposals for Affordable Housing Development <br />Page 15 <br />19E -20 <br />