19E - RFP - AFFORDABLE HOUSING - Laserfiche WebLink

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Statement of Qualifications (SOQ). The SOQ must include the following components: 1. Developer Team. An organizational chart showing lines of responsibility, as well as a list of team members and their duties as part of the team. If the developer is a nonprofit corporation, or if a nonprofit is one of the team members, the SOQ must include documentation that the corporation is certified by the U.S. Internal Revenue Service as a 501(c)3 tax exempt non - profit corporation, and is in good standing with both state and federal compliance. Nonprofits who wish to be considered for funding under the Community Housing Development Organization (CHDO) component of the HOME Program must complete and include a CHDO checklist, as well as the required supporting documentation. The CHDO checklist is available on HUD's website here: http: / /www.hud.gov/ offices /cpd /affordablehousing /training/ web /chdo /characteristics /chdochec.pdf. A CHDO certification from another jurisdiction is not acceptable. They must also describe their ability to comply with the new HUD requirements for CHDOs. Developer needs to identify if any contractor(s) and /or subcontractor(s) are a subsidiary to any member of the development team. 2. Developer Experience. A narrative describing recent affordable residential development and management experience, with an emphasis on experience gained in the last five years on projects similar to the one being proposed. a. Include project name and type (special needs, senior, large family, etc.), project address, developer team members, unit count and bedroom type, affordability requirements, and funding sources in your description. b. Include a description of how neighborhood input was solicited and utilized in the development of these projects. 3. Service Provider Experience. (Only if applying for Project -Based Vouchers in partnership with a Service Provider) A narrative describing recent experience, with an emphasis on experience gained in the last five years on projects similar to the one being proposed. a. Include project name and type (homeless, special needs, senior, large family, etc.), project address, unit count and bedroom type, affordability requirements, and funding sources in your description. b. Include a description of current involvement with the Orange County Continuum of Care and the Orange County Coordinated Entry system. (If from another county, may use that jurisdiction's CoC.) 4. Financial Capacity. Description of financial strength and ability to obtain project financing before July 30, 2016, and to provide sufficient equity for the successful completion of the proposed project. a. Include a description of current relationships with major lending institutions. b. The developer which is selected for recommendation to City Council, or if a partnership, the team members who will retain an ownership interest in the project, will be required to submit complete financial statements for the last three years. Because of the possibility of public records requests, the City cannot guarantee that these statements will remain confidential. 5. References. Include a list of at least three references from public agency partners and professional lenders and investors with full names, contact information, and identification of the project(s) worked on. SOQs must be limited to a maximum of 25 pages, excluding front and back covers, section dividers, and exhibits. City of Santa Ana Community Development Agency Request for Proposals for Affordable Housing Development 19979