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CITY OF SANTA ANA COMMUNITY DEVELOPMENT AGENCY REQUEST FOR PROPOSALS FOR AFFORDABLE HOUSING DEVELOPMENT EXHIBIT A — SCOPE OF SERVICES I. INTRODUCTION In order to meet the City's goals, the City is soliciting proposals for the development of affordable housing projects from developers who are experienced, very knowledgeable of HUD programs and its requirements, financially creative and capable of developing, managing and maintaining high quality housing. City will entertain proposals for the following type of projects: • New Construction of Residential Rental Projects • Acquisition and Rehabilitation of Existing Residential Re The maximum funding available will be as follows: 24 Project Based Vouchers from the Housing Alftrit, Acquisition /Rehabilitation Project $1,875,000 in Inclusionary Housing Funds from the Hou $500,000 in CDBG funds for Acquisi ' Rehabilitatior $830,000 in HOME Program funds, for CHDO $830,000 in HOME Program funds th u mmit City's annual HUD allocation and progra 4om of the City of Santa Ordinance New Construction or subject to change based on the A. DEVELOPMENT SITE The City is not making any parcels it owns available for development through this RFP, and it will entertain proposals for suitable properties located anywhere in the City. However, the City prefers to maximize the positive impact of its limited federal housing development funds by concentrating their expenditure in targeted areas of the City. The City has identified five geographical areas where it has targeted significant public resources in the past, and where it would like to see additional resources targeted in the future. The five are known as follows: Cornerstone Village (Attachment 1), Transit Zoning District (Attachment 2), Townsend -Raitt (Attachment 3), Cedar - Evergreen (Attachment 4), and 1900 -2000 Myrtle Street (Attachment 5). City of Santa Ana Community Development Agency Request for Proposals for Affordable Housing Development Page 11 19E -16