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,t .nary r D ny , • �e CITY OF SANTA ANA COMMUNITY DEVELOPMENT AGENCY REQUEST FOR QUALIFICATIONS (RFQ) HOME INVESTMENT PARTNERSHIPS PROGRAM (HOME) COMMUNITY HOUSING DEVELOPMENT ORGANIZATION (CHDO) INTRODUCTION The City of Santa Ana receives HOME Investment Partnerships Program (HOME) funds from the U.S. Department of Housing and Urban Development (HUD) to assist in the production of affordable housing for low- income persons. Under the HOME Program, the City is required to set aside at least 15% of its total annual HOME allocation for housing to be developed, sponsored, or owned by Community Housing Development Organizations (CHDO for very-low and low- income households. This year, the City is conducting a Qualification Process and seeking applications from organizations that can certify as Community Housing Development Organizations (CHDOs) and have the capacity to develop affordable, single - family or multi - family housing for rental or homebuyer activities. These affordable units will target lower income households at or below 80% of the area median income (AMI) per the income requirements of the HOME regulations. Organizations which are successful in the qualification process will be placed on an Approved CHDO List, subject to City Council approval. The organizations placed on the Approved CHDO List will be able to utilize HOME CHDO funds based on the review, approval and selection of the City at its sole discretion for qualified and eligible projects. Approximately $504,550 in HOME CHDO funds is expected to be available under this Request for Qualifications over the next three -year period, subject to approval by the City Council and final funding amounts from HUD. Eligible projects will involve the acquisition /new construction or acquisition /rehabilitation /preservation of affordable single - family or multi -unit housing for homeownership or rental housing. All projects must comply with the regulations of the HOME Program Final Rule (24 CFR Part 92). The City's Approved CHDO List will be in effect for a three -year period or until the CHDO funds are fully expended, whichever comes first. II. SCOPE OF WORK /SERVICES The scope of work will include any and all work efforts related to the Approved CHDO List per EXHIBIT A - SCOPE OF SERVICES. The HOME funds set aside for CHDO activities under this RFQ may be used to acquire and construct, or acquire and rehabilitate homebuyer and rental properties. City of Santa Ana Community Development Agency Request for Qualifications for Community Housing Development Organizations (CHDO) Page 3 19F -6