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FULL PACKET_2015-05-19
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Clerk of the Council
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5/19/2015
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Organization (CHDO) component of the HOME Program must complete and include a CHDO checklist, as well as <br />the required supporting documentation. The CHDO checklist is available on HUD's website. CHDO certification <br />from another jurisdiction is not acceptable. They must also describe their ability to comply with the new HUD <br />requirements for CHDOs. <br />Developer needs to identify if any contractor(s) and /or subcontractor(s) are a subsidiary to any member of the <br />development team. <br />2. Developer Experience. A narrative describing recent afforda <br />experience, with an emphasis on experience gained in the la . <br />proposed. <br />a. Include project name and type (special nee <br />team members, unit count and bedroom <br />description. <br />b. Include a description of how neighborho u <br />projects. <br />3. Financial Capacity. Description of ial strength a <br />sufficient equity for the successful c f the pro <br />a. Include a description of current <br />b. The developer w <br />who will ret <br />statements e <br />guarantee that <br />4. iRefere lude a li ma o a maw All Droisals must conta <br />for rec <br />interest <br />last thre rs. Becau` <br />stateme ill remain <br />ifor, large <br />rdability r <br />ential development and management <br />rs on projects similar to the one being <br />was solicited and <br />etc.), project address, developer <br />kts, and funding sources in your <br />development of these <br />PF obtain project fins g, and to provide <br />ect. <br />erence public agency partners and professional lenders and <br />% rm did cation of the project(s) worked on. SOQs must be <br />uding fr ac covers, section dividers, and exhibits. <br />submission requirements: <br />1. Project tion. Detaile concise rrative describing the proposed project, including at a minimum <br />and as app a the develo nt concept for the site or a description (with photographs) of the building to <br />be acquired, ed buildi uare footage, number of units /bedrooms, total parking spaces, proposed <br />ingress and egres , osed and tenant incomes, any special needs groups to be served, amenities to be <br />provided to the ten dent manager's unit. If there will not be a resident manager for a rental <br />project, describe in deta he project will be managed. <br />For all projects, the narrative must also address site control, current zoning and any required zoning changes, <br />anticipated development cost, City funds required and required City loan terms, developer access to additional <br />funds required by the project, and must provide proof that the property is under contract. This narrative should <br />be accompanied by a site map showing the project's location. <br />2. Development Pro Forma that identifies the sources and uses of all funds necessary to complete the project, and <br />that includes the project's anticipated cash flows over a period of years equal to 15 years and 30 years. The pro <br />City of Santa Ana Community Development Agency <br />Request for Proposals for Affordable Housing Development <br />Page 7 <br />19E -12 <br />
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