19F - RFQ COMMUNITY HOUSING - Laserfiche WebLink

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Please see the table below for the allowable uses of funds for each CHDO Role, per the HOME Regulations: Eligible Activity ELIGIBLE CHDO ROLES CHDO Developer CHDO Sponsor CH DO Owner Acquisition and / or Rehabilitation of Homebuyer Properties X New Construction of Homebuyer Properties X Acquisition and / or Rehabilitation of Rental Units X X X New Construction of Rental Units X X X CHDO Developer: For Rental Project, the CHDO must own the project throughout the affordability period. For Homebuyer Projects, the CHDO owns, arranges financing, rehabilitates or constructs, and sells the property to a qualified homebuyer. CHDO Sponsor: CHDO can be a sponsor by either (1) Develop rental housing and sells to non - profit or another CHDO after completion, which is conveyed at pre- determined time to pre- identified non - profit /CHDO; OR (2) Rental Housing is owned and developed by: for - profit or nonprofit subsidiary that is wholly owned by the CHDO; Limited Partnership (CHDO or wholly owned subsidiary must be sole general partner); OR Limited Liability Company (CHDO or wholly owned subsidiary must be sole managing member). CH DO Owner: For Rental Proiects Only. CHDO can own HOME Eligible rental housing that it did not develop. CHDO is the owner in fee simple during the development and period of affordability. CHDO is able to contract with developer to perform rehabilitation or construction. The approved Community Housing Development Organization (also known as the "Developer") shall be an independent developer capable of providing experienced, knowledgeable and professional staff. The Developer shall be responsive and maintain excellent working relationships with city residents, businesses, government officials and City staff. The Developer shall provide adequate staffing levels at all times and adhere to established schedules. The Developer shall be knowledgeable of and comply with federal, state and local laws, including the Santa Ana Municipal Code, and the federal HOME Investment Partnerships Program as it applies to their proposal. Please note the new HOME regulations and Final Rule published on July 24, 2013. III. GENERAL INFORMATION A. Those organizations who are determined eligible will be placed on the Approved CHDO List and be certified as a CHDO with the City of Santa Ana. This on -call list and certification will be approved by the City Council. All proposed projects must be HOME eligible and meet HOME regulations / requirements. B. Once City Staff reviews and approves the proposed project, the City and CHDO will enter into a Loan Agreement based on the terms approved by City Council when the Approved CHDO List was approved. C. When determined appropriate, the City will provide information in its possession relevant to preparation of required information in the RFQ. The City will provide only the staff assistance and documentation specifically referred to herein. D. The Developer shall be responsible for retaining data, records and documentation for the preparation of the required information. These materials shall be made available to the City as requested by the City. E. This RFQ does not commit the City to pay costs incurred in preparation of a response to this RFQ. All costs incurred in the preparation of the proposal, the submission of additional information and /or any aspect of a proposal prior to award of a written contract will be borne by the respondent. The City reserves the right to City of Santa Ana Community Development Agency Request for Qualifications for Community Housing Development Organizations (CHDO) Pa e 4 19p -7