REQUEST FOR PROPOSALS (RPF) TO USE PROJECT BASED VOUCHERS (PBV) TO DEVELOP NEW AFFORDABLE HOUSING The Norfolk Redevelopment and Housing Authority (NRHA) is accepting competitive proposals for Project Based Vouchers from qualified owners and/developers to do business in the Commonwealth of Virginia. This Request for Proposal solicits the participation of owners/developers who request Project Based Vouchers assistance for new construction. Newly constructed housing is defined as housing that does not exit at the time of proposal selection. HUD regulations allow Housing Authority to project base up to twenty percent of its funding allocation for the Housing Choice Program. NRHA proposes to approximately 110 units to house homeless veteran, seniors and the disabled. Generally under the Project Based Voucher program buildings containing more than four units are subject to 25% unit limitation on the number that can have project based assistance. Developments that will serve the elderly or disabled or provide supportive services are exempt from the cap. All proposals submitted in response to this solicitation must conform to all of the requirements and specifications outlined within the RFP document and any designated attachments in their entirety. A CD, one original,and five copies of the sealed proposals should be delivered to: NRHA, 910 Ballentine Blvd, Norfolk, VA 23504 Attn: Donnell Brown, Chief Housing Officer and clearly marked Proposal for PBVs by 4:00 pm, December 11, 2013. RFP packages can be obtained from the NRHA website, www.nrha.us, and on the Virginia Procurement Website www.eva.virginia.gov, for questions email sharrell@nrha.us The Norfolk Redevelopment and Housing Authority reserves the right to reject any and all proposals in the proposal process. NRHA does not discriminate against individuals because of race, color, religion, sex, handicap, familial status or national origin. Small businesses and businesses owned by women and minorities are encouraged to apply.
NORFOLK REDEVELOPMENT AND HOUSING AUTHORITY PROJECT- BASED VOUCHER PROGRAM REQUEST FOR PROPOSALS Issued 11/2013 INTRODUCTION The Norfolk Redevelopment and Housing Authority (NRHA) sees a need for housing that is affordable for seniors, as well as persons with disabilities and homeless veterans. NRHA encourages property owners and developers to make rental housing available to lower income households at affordable rents that are consistent with the HUD Fair Market Rents. The NRHA will be accepting applications from property owners and developers for new housing developments in Norfolk, VA or neighboring vicinity for seniors, homeless veterans and for persons with disabilities, under the Project Based Voucher (PBV) program. PROGRAM INFORMATION Under the PBV program, NRHA enters into an assistance contract with the owner for specified rental units, for a specified term (up to 15 years) subject to funding availability. Assistance or subsidy is provided for units that meet the program standards. To fill vacant project-based units, NRHA refers families from its waiting list to the project owner. The NRHA subsidy standards determine the appropriate unit size for the family size and composition. PBV assistance for this RFP may be authorized for newly constructed housing only (units developed pursuant to an agreement for use in the PBV program). For newly constructed units, HUD approval will be required before NRHA can enter into a Housing Assistance Payment (HAP) Contract. Under the current RFP a maximum of 110 Project Based Vouchers will be awarded. These vouchers may involve awards to one or more projects. Housing units and/or projects that are NOT eligible for PBV assistance include: Shared housing; Units on the grounds of a penal, reformatory, medical, mental, or similar public or private institution; Nursing homes or facilities providing continuous psychiatric, medical, nursingservice,board and care, or intermediate care (assistance may be approved for a dwelling unit in an assisted living facility that provides home health care service such as nursing and therapy for residents of the housing); Units owned or controlled by an educational institution or its affiliate and designed for occupancy by the students of the institution; Manufactured homes; Cooperative housing; Transitional housing; High-rise elevator projects for families with children; Owner-occupied housing; Units occupied by an ineligible family; Subsidized housing types determined ineligible in accordance with HUD regulations.
NRHA Housing Authority 2013 PBV RFP Instructions The number of PBV assisted units in the building cannot exceed twenty five percent (25%) of the total number of dwelling units in the building, except as provided by regulation. Exceptions include units in a building that are specifically made available for qualifying families that are elderly or disabled, or that are receiving specific supportive services. Sites selected for PBV assistance must be: Consistent with the goal of de-concentrating poverty and expanding housing and economic opportunities; In full compliance with the applicable laws regarding non-discrimination and accessibility requirements; Meet Housing Quality Standards (HQS) site standards; and Must meet HUD regulations for site and neighborhood standards. Proposed sites for new construction will be visited to ensure that construction activities have not been initiated prior to the awarding of any PBV vouchers and the signing of the AHAP. Activities under the PBV program are subject to HUD environmental regulations and may be subject to review under the National Environmental Policy Act by local authorities. When newly constructed housing sites are selected for PBV assistance, the owner must agree to develop the contract units to comply with HQS. In addition, new construction sites must meet the local city and county requirements for quality, architecture, or design of housing, over and above the HQS. The owner and the owner s contractors and subcontractors must comply with all applicable State and federal labor relations laws and regulations, federal equal employment opportunity requirements and HUD s implementing regulations.(cfr 24 Part 983) Once selected, all PBV projects must complete required environmental and subsidy layering reviews as approved by HUD. In addition, other actions must be taken to fully comply with HUD regulations including, but not limited to, a rent reasonableness determination prior to the execution of the HAP Contract. Once approval has been received, NRHA will enter into a Housing Assistance Payments (HAP) contract with the owner for all sites selected and approved for PBV assistance within ten (10) business day. NRHA will make housing assistance payments to the owner in accordance with the HAP contract for those contract units leased and occupied by eligible families during the HAP contract term. Page 2
NRHA Housing Authority 2013 PBV RFP Instructions The Norfolk Redevelopment and Housing Authority has no responsibility or liability to the owner or any other person for the family's behavior or suitability for tenancy. The owner is responsible for screening and selection of the family referred by NRHA to occupy the owner's unit based on their tenancy histories. The NRHA screens families for their eligibility to receive the voucher assistance, and the owner screens the family for their suitability to enter into a lease agreement. At least seventy-five percent (75%) of the families approved for tenancy shall be families whose annual income does not exceed thirty percent (30 %) of the median income for this area as determined by HUD and as adjusted by family size. During the course of the tenant s lease, the owner may not terminate the lease without good cause. Good cause does not include a business or economic reason or desire to use the unit for an individual, family or non-residential rental purpose. Upon expiration of the lease the owner may: renew the lease; refuse to renew the lease for good cause; refuse to renew the lease without good cause. The amount of the rent to owner is determined in accordance with HUD regulations. Except for certain tax credit units, the rent to owner must not exceed the lowest of: An amount determined by NHRA, not to exceed the approved Payment Standard for the unit bedroom size minus any utility allowance; The reasonable rent; or The rent requested by the owner. The current Payment Standards for the NRHA are as follows: Current local Fair Market Rents for determining rents are: Unit Size (Number of Bedrooms) HUD s 2013 Fair Market Rent Hampton MSA NRHA s Payment Standard Effective 10/01/13 0 913 826 1 939 850 2 1130 1021 All rental amounts under the Project Based Voucher program must include the cost of monthly utilities paid by the tenant. NRHA Utility Allowance Schedule follows. Page 3
NRHA 2013 PBV RFP Instructions NRHA MONTHLY UTILITY ALLOWANCE SCHEDULE BEDROOM SIZE 0 1 2 ELECTRIC Lights, etc. (All Unit Types) $21 $27 $37 Cooking (All Unit Types) $6 $8 $10 Water Heating (All Unit Types) $10 $13 $17 Heating Apartment / Townhouse / $33 $45 $61 Rowhouse House, single family detached $44 $60 $72 High-rise with elevators $30 $38 $46 NATURAL GAS Cooking (All Unit Types) $4 $5 $6 Water Heating (All Unit Types) $5 $6 $8 Heating Apartment / Townhouse / $20 $27 $37 MISCELLANEOUS Water (All Unit Types) $31 $32 $40 Sewer (All Unit Types) $32 $33 $47 Trash (All Unit Types) $28 $28 $28 Refrigerator (All Unit Types) $12 $12 $12 Range (All Unit Types) $12 $12 $12 Page 4
NRHA- 2013 PBV RFP Instructions APPLICATION REQUIREMENTS Applications submitted in response to this Request for Proposals will be reviewed, ranked and evaluated subject to the NRHA s Project Based Voucher Rating Criteria. The following procedures will be followed by the NRHA in accepting and screening owner applications submitted for the PBV Program. Application Submission Deadline Owner applications will be accepted at the NRHA office located at: Norfolk Redevelopment & Housing Authority 910 Ballentine Blvd Norfolk, VA 23504 Applications and supporting documentation will be accepted for the new construction housing units until 4:00 P.M. December 11, 2013. Once an application has been received, the applicant will receive a written notice that the document has been received. Application Format A CD, one original and five (5) copies of the application in response to this RFP must be submitted on the forms provided or in the format provided by NRHA. At least a 10 pt. font must be used. All applications and accompanying documents must be paper copies. No electronic versions of the application will be accepted. A Table of Contents should be included with all pages in the application sequentially numbered. Non-Responsive or Non-Compliant Applications All applications must be complete and submitted by the December 11, 2013 deadline. All applications will be reviewed and evaluated as submitted. If the NRHA determines that an application is non-responsive or non-compliant with this RFP, the rating criteria will reflect this status. Applicants may submit additional supporting documents until 4:00 pm December11, 2013. The NRHA reserves the right to reject applications at any time for misinformation, errors, or omissions of any kind, regardless of the stage in the process that has been achieved. The NRHA reserves the right to reject any or all proposals, to waive any informalities in the RFP process, or to terminate the RFP process at any time, if deemed by the NRHA to be in its best interests. The NRHA reserves the right to reject and not consider any proposal that does not meet the requirements, including but not necessarily limited to incomplete proposals and/or proposals offering alternate or non-requested services. The NRHA shall have no obligation to compensate any applicant for any costs incurred in responding to this RFP. Page 5
Application Content A complete response to this RFP will include: Cover Letter Table of Contents Completed Application Completed Project Budget Budget Narrative Tenant Selection Criteria and Plan Evidence of Site Control Description of Supportive Services Certification that the owner and other project principles are not on the U.S. General Services Administration list of parties excluded from Federal procurement and non-procurement programs. Optional Supporting Documentation including o Evidence of zoning approval o Letters of Support from local governments o Funding Award / Commitment documents o Lead Based Screening Inspection Report o Lead paint or asbestos removal plan Verification or documentation of funding commitment for supportive services REQUIREMENTS FOR ORGANIZATIONS RECEIVING PROJECT BASED VOUCHERS FROM NRHA AND HUD The organization must be incorporated in Virginia. Non profit organizations must have received a 501(c) (3) tax-exempt organization determination. 1. The organization must have a board of directors (or a similar oversight body) that hires the executive director and sets policy and financial guidelines. 2. The organization must have policies and procedures including admission policies, rules for resident behavior, procedures for involuntary discharge and a grievance procedure. 3. The organization must be annually audited by a certified public accounting firm and the results must be provided to the NRHA. The latest audit must be part of and submission to this RFP. 4. The organization must have in place the following insurance which shall be written by companies authorized to do business in the State of Virginia and acceptable to the NRHA. Binders will be required before completion of contract: a. Comprehensive general liability insurance at limits not less than one million dollars ($1,000,000.00) combined single limits b. Commercial general liability insurance including contractual liability coverage s in the amount not less than one million dollars ($1,000,000.00) combined single limits c. Employees dishonesty bond at limits not less than one million dollars ($1,000,000.00) d. Workers Compensation Insurance 5. The organization must comply with all the laws and regulations of the State of Virginia, including but not limited to laws involving the use, maintenance and operation of structures, including building permits, zoning, code enforcement and rental certificates of compliance. Page 6
6. The organization must not be involved in any current litigation or contractual dispute. 7. The organization must designate a point of contact for NRHA. 8. The organization must provide to NRHA, HUD or its agents reports, financial and other information as requested that may be needed to ensure compliance with local, state and federal laws and regulations. 9. Organizations must be able to enter into an Agreement for Housing Assistance Payment (AHAP) contract and start the project for which PBV s have been requested within a 12 month period after the announcement of award of PBV s or NRHA reserves the right withdraw the award. Section 3 Business (Optional Item): If you are claiming a Section 3 preference please indicate same in your proposal and provide the Section 3 priority that you are claiming. Priority I Business concerns that are 51 percent or more owned by residents of the housing development or developments for which the Section 3 covered assistance is expended Priority II Business concerns whose workforce includes 30 percent of residents of the housing development for which the Section 3 covered assistance is expended, or within three (3) years of the date of first employment with the business concern, were residents of the Section 3 covered housing development. Priority III Business concerns that are 51 percent or more owned by residents of any other housing development or developments. Priority IV Business concerns whose workforce include 30 percent of residents of any other public housing development or developments, or within three (3) years of the date of first employment with the business concern, were Section 3 residents of any other public housing development. Priority V Business concerns participating in HUD Youth build programs being carried out in the public housing area in which the Section 3 covered assistance is expended. Application Review Panel Norfolk Redevelopment and Housing Authority will appoint a PBV Selection Panel consisting of at least five persons who will review, evaluate, rank and select the applications according to the NRHA Authority Project Based Voucher Rating Criteria. The NRHA will review all applications. Before selecting projects, the PBV Selection Panel will determine that each application is responsive to and in compliance with the NRHA s written selection criteria and procedures, and in conformity with HUD program regulations and requirements, including the following items: The type of housing proposed Targeted population De-concentration of Poverty Furthering Fair Housing and limiting minority population concentration Ensuring that not more than 25 percent of units per building are eligible for PBV assistance, except to the extent such buildings are in a senior housing project or housing project for persons with disabilities in which case up to 100 percent of the units in such buildings are eligible for PBV assistance. Page 7
NRHA- 2013 PBV RFP Instructions Applying organizations should be aware of the following conditions: 1. All required land use approvals must be obtained. Any award of vouchers is contingent upon receiving all required land use approvals. 2. The Project must meet all applicable requirements of the HUD Project Based and Housing Choice Voucher program regulations. For more information see: http://portal.hud.gov/hudportal/hud?src=/hudprograms/projectbased 3. The housing project must comply with design and construction requirements of the Fair Housing Amendments Act of 1988 and implementing regulations at 24 CFR 100.205, as applicable, and accessibility requirements of section 504 of the Rehabilitation Act of 1973 (29 U.S.C. 794) and implementing regulations at 24 CFR part 8. 4. Construction may involve application of the Federal Davis Bacon construction wage guidelines. 5. An Environmental Review and/or Assessment will be required. If an Assessment is required, the DCHA will select an appropriate contractor to complete the review at the expense of the applicant. 6. Due to the above conditions and requirements, applicants should be aware of the significant lead time necessary to secure all required approvals prior to commencement of construction. 7. Execution of an Agreement to enter into a Housing Assistance Payments Contract (AHAP) is contingent upon completion of all of the above requirements. If a project does not meet the requirements indicated above, it will be designated nonresponsive. A notice mailed to the applicant will identify the disqualifying factor. Projects selected to receive Project Based Vouchers by the Norfolk Redevelopment and Housing Authority will be notified in writing no later than January 31, 2014. Page 8
Norfolk Redevelopment & Housing Authority 910 Ballentine Boulevard Norfolk, VA 23504 December 2013 PROJECT BASED VOUCHER REQUEST FOR PROPOSALS APPLICATION FORM
PROJECT BASED VOUCHER APPLICATION I. Project Sponsor Information a. Sponsor Organization: b. Organization Address: c. City: Zip Code: d. Federal Tax ID Number: e. Sponsor Organization Type (check only one): i. Community Housing Development Organization: ii. Nonprofit Housing Developer: iii. Nonprofit Community Organization: iv. For-profit housing developer: v. Other (please specify): f. Executive Director: g. Telephone: h. Email: i. Project Contact: j. Telephone: k. Email: II. III. Development Consultant (if applicable) a. Organization Name: b. Consultant Name: c. Telephone: d. Email: e. Will the Development Consultant serve as the primary project contact? Yes No General Project Information: a. Project Name: b. Project Address: c. City: State: Zip Code: d. Parcel Identification Number (PIN): e. Census Tract: NRHA 2013 PBV Application Page 1
NRHA Project Based Voucher Application: Applicant Name: IV.Project Owner: a. r Structure (check all that apply): i. Nonprofit ii. Limited Liability Corporation (LLC) iii. Limited Partnership iv. Other Corporation v. Other (please specify): V. Developer Experience: a. Please describe the applicants experience in the development and management of rental properties, especially those servicing low income individuals and families. Please note the number of years of experience as well as the number of units developed and managed. VI. Detailed Project Description: Please provide a written narrative to thoroughly describe the proposed project. At a minimum this should address the following: a. Description of the type of housing to be provided, including number of units, number of bedrooms, building amenities to be provided. b. Need for the project. c. Characteristics of the population to be served including individuals, couples, families with children, age, gender, race, ethnicity, disabilities, income classifications, and other demographic descriptors as appropriate to the project. d. Support Services that will be required and provided. e. Public Transportation options. f. Location and characteristics of the site, including relevant zoning issues, neighborhood amenities and characteristics, distance to local amenities and services, health care, employment options and stores, etc., g. Environmental Concerns. NRHA 2013 PBV Application Page 2
NRHA Housing Authority Project Based Voucher Application: Applicant Name: VIII. Unit Rental Summary (Numbers entered need to total down and across): # of requested PBV Units # of other subsidized units: Studio 1 bedroom 2 bedroom Totals # of other rent controlled units: Market Rate Units Total Units in Project IX. What is the length of the Project Based Voucher contract you are seeking? years X. For New Construction or Rehabilitation Projects, describe the proposed design, layout, and other construction elements. Include, as appropriate, architectural drawings, floor plans, accessibility modifications, etc. XI. Project Timelines Describe the project timelines. Identify relevant development activities that will move your project forward to full occupancy. XIII. Obstacles a. Does the site have current zoning that allows for your proposed use? Yes No b. Describe any known issues or obstacles that may affect the projects ability to meet the development objectives identified in the timeline described above. XIV. Project Funding: a. Budget. All applicants must complete the accompanying Budget and Source and Use documents. b. Has the project received full funding at this time? Yes No i. If no (check all that may apply) Seeking Tax Credits Projected decision date: Seeking HOME Funds Projected decision date: NRHA 2013 PBV Application Page 3 11/13
NRHA Project Based Voucher Application: Applicant Name: Seeking CDBG Funds Projected decision date: Projected decision date: Projected decision date: Projected decision date: NRHA 2013 PBV Application Page 4
Norfolk Redevelopment & Housing Authority 910 Ballentine Boulevard Norfolk, VA 23504 December 2013 PROJECT BASED VOUCHER REQUEST FOR PROPOSALS BUDGET FORM
Project Name: Applicant: Proposed Project Schedule: As applicable, provide the schedule for completing the following actions. Enter the anticipated completion dates that are relevant for your project. A. Project Start-up Completion Date Purchase Contract/Option Signed Property Acquisition Completed Zoning Approvals Obtained Property Acquisition Completed Detailed Program Design Completed Environmental Reviews Completed Building Permits Obtained B. Financing Sources Obtained Completion Date Construction Loan Bridge Loan Private Lender Financing Tax Credit Application Submitted Tax Credit Allocation Approval Govt Grants/Loans: Other Financing: Other Financing: C. Construction/Implementation Completion Date Construction Starts Marketing of Units or Program Begins Occupancy/Rent-up Begins (rental projects) Full Occupancy (rental projects) Closing on First Sale (homebuyer projects) Closing on Final Sale (homebuyer projects) Complete Rehab Const. (for units currently occupied) NRHA 2013 PBV APPLICATION Page 1 of 7
Project Name: Applicant: Project Costs: Provide information, as applicable. A. Acquisition Total Cost Land acquisition costs Land acquisition closing costs (title, recording, etc.) Building acquisition costs Building acquisition closing costs (title, recording, etc.) B. Construction/rehab costs Total Cost Clearance/demolition Drainage improvements Installation/renovation of sanitary sewers Installation/renovation of water mains Transportation improvements (on-site) Transportation improvements (off-site) Other Site Work Rehabilitation of existing units Renovation of non-residential structure into residential units New construction of residential units Equipment General Requirements Builder's Overhead Builder's Profit Bonding Fee Builder's Risk Insurance Relocation Loss of Rental Income Contingency C. Development Costs Real Estate Matters Partnership formation Subdivision Conversion to Condominiums Total Cost Project Design Architectural Architectural Supervision Cost Estimate Engineering Value Engineering Site Investigation Total Cost Project Planning All Fees Permits Appraisal Environmental Study Market Study Survey Utility Fees Other Total Cost NRHA 2013 PBV APPLICATION Page 2 of 7
Project Name: Applicant: Marketing/Leasing Marketing Operating Reserve Total Cost Developer's Fee D. Financing Costs Tax Credits Tax Credit Fee Tax Credit Counsel Cost Certification Total Cost Tax Exempt Bond Financing Bond Counsel Underwriter's Fee Reimbursable Total Cost Conventional Loans Construction Loan Origination Fees Construction Loan Legal Fees Permanent Loan Origination Fees Permanent Loan Legal Fees Loan Recordation Taxes/Fees Total Cost Other Loans Legal Fees Loan Recordation Taxes/Fees Construction Period Interest Total Cost E. Tenant Assistance Total Cost Tenant-based rental assistance Security deposit payments for renters h. Other Total Cost i. Total Cost Total Cost TOTAL NRHA 2013 PBV APPLICATION Page 3 of 7
Project Name: Applicant: Sources of Funds: Provide information as applicable. A. Permanent Financing (do not include construction financing) Name of Lender or Source of Funds, Contact Persons and Telephone Number Amount Funded Annual Debt Service Annual Interest Rate (pct) Amortization Period (yrs) Loan Term (yrs) Owner's Equity (describe): N/A N/A N/A N/A Tax Credit Proceeds N/A N/A N/A N/A TOTAL *See Ranking Criteria Attachment A Exhibit 3 for Maximum Per Unit Subsidy. Commitments for financing are in Attachment: on Page: B. Construction Financing Sources of Funds Amount Name and Phone Number of Contact C. Tax Credit Information Tax credit basis amount: Type of credit (4% or 9%): Tax credit syndicator (contact and phone #) Commitments for construction financing are in Attachment: Pct. Sold to Investors: Total tax credit equity: on Page: NRHA 2013 PBV APPLICATION Page 4 of 7
Project Name: Applicant: Annual Project Income: Provide the following information for rental projects only. A. Projected Rent Schedule When Project is Fully Implemented No. of Units of This Type No. of Bedrooms & Baths Avg Size (sq ft) Monthly Rent Per Unit* Annual Rent for All Units 1. 0 2. 0 3. 0 4. 0 5. 0 6. 0 TOTAL N/A N/A 0 * See Ranking Criteria Attachment A Exhibit 2 for maximum allowable rents. B. Current Rent Schedule (complete for rental projects that are currently occupied) No. of Units of This Type No. of Bedrooms & Baths Average Size (sq ft) Monthly Rent Per Unit Annual Rent for All Units 1. 0 2. 0 3. 0 4. 0 5. 0 6. 0 TOTAL N/A N/A 0 C. Utility Allowance Information (Tenant Paid Utilities) Tenant Pays Type (gas, Utility Cost Yes No electric,etc.) Heating Air Conditioning Cooking Lighting Water Hot Water Heating NRHA 2013 PBV APPLICATION Page 5 of 7
Project Name: Applicant: Stability of Operating Funding INCOME Source Amount a. Rental Income b. Parking c. Laundry Facilities d. Program Income e. Other Assistance f. Other (describe) 0 EXPENSES a. Annual Administrative Costs* Item Amount Advertising Management Administrative Legal/Accounting Other TOTAL OPERATING INCOME $0.00 * Do not include program costs, support services, etc. 0 Sources of Additional Operating Income g. Grants with Commitments in hand h. Expected grants i. Contributions j. Fee For Service (example per diem) Total Projected Total Income 0 $0.00 b. Annual Operating Costs Item Gas & Other Fuel Electricity Water/Sewer Trash Removal Janitorial Exterminating Total Operating *Documentation for Additional Income Sources is provided as Attachment on Page Total Annual Operating Income $0.00 Total Annual Operating Costs - $0.00 c. Annual Maintenance Costs Item Decorating Repairs Security Ground Maintenance Annual Replacement Reserve Total Maintenance d. Annual Taxes, Insurance and Debt Service Item Real Estate Taxes Insurance Mortgage/Debt Service Total Taxes, Insurance & Debt Service e. Annual Program Expenses* Item Cost of Services to Residents * Include only the cost of services to this facility. Total Annual Operating Costs: If there is a deficit, explain how the program will be self-sustaining. NRHA 2013 PBV APPLICATION Page 6 of 7
Project Name: Applicant: Cash Flow Assumptions Vacancy Rate Collection Loss Replacement Reserves (per unit) Growth Rate - Rent Growth Rate - Other income Growth Rate - general expenses Growth Rate - Real estate taxes Growth Rate - Payroll taxes Growth Rate - Replacement Reserves Growth Rate - Other Page 7 of 7
Norfolk Redevelopment Housing Authority Project Based Voucher Rating Criteria NRHAHousing Authority Project Based Voucher Rating Criteria SUMMARY: SCORING CRITERIA FOR NEW CONSTRUCTION UNITS: 1. Term of Contract Requested 10 2. Site Location 10 3. Minority Concentration 5 4. Design 20 5. Development Experience 20 6. Ownership Experience 5 7. Management Experience 5 8. Project Feasibility / Readiness to begin Construction 20 9. Public Purpose 30 TOTAL POINTS AVAILABLE 125 SECTION II. SCORING CRITERIA FOR NEW CONSTRUCTION UNITS: 1. TERM OF CONTRACT REQUESTED POINTS 1 If requesting a ten-year contract: 10 10 2 If requesting a five to nine year contract: 10 5 3 If requesting a contract of less than five years: 0 0 2. SITE LOCATION 1 Project is located outside an area of low-income concentration 10 Site is within 1/4 mile of shopping and neighborhood services, or is within 1/4 mile of bus to 2 these services; and is within 3 miles of a significant health facility. 5 3. MINORITY CONCENTRATION 1 Project is located outside an identified area of minority concentration in Norfolk 5 2 Project is located within an identified area of minority concentration in Norfolk 0 4. DESIGN 1 Construction plans have been approved by local municipality and all desired amenities determined appropriate for the targeted population are planned. 20 2 With minor modifications, construction plans for the development are likely to be approved by the local municipality and most amenities generally determined to be appropriate for the targeted population are planned. 10 3 With substantial modifications, construction plans for the development are likely to be approved by the local municipality and or some amenities generally seen as appropriate for the targeted population are planned. 5 Note: Unit amenities may include the following: features adapted for persons with disabilities or seniors, off-street parking, laundry facilities, porches/decks, play area for children, recreational facility for children and adults, exercize area, storage areas, common area or special function room 5. DEVELOPMENT EXPERIENCE 1 Applicant has developed 100 or more low-income housing units within the last 5 years 20 2 Applicant has developed 50-99 low-income housing units within the last 5 years 10 3 Applicant has developed 20-49 low-income housing units within the last 5 years 5 Page 1 of 2
6. OWNERSHIP EXPERIENCE 1 Owner has at least 20 years experince owning affordable or general rental housing units. 5 2 Owner has at least 10-19 years experince owning affordable or general rental housing units.. 4 3 Owner has at least 5-10 years experince owning affordable or general rental housing units. 2 4 Owner has less than 5 years experince owning affordable or general rental housing units. 7. MANAGEMENT EXPERIENCE 1 Owner has more than 20 years experience in the management and operations of affordable housing units. 5 2 Owner has more than 10 and less than 19 years experience in the management and operations of affordable housing units. 3 3 Owner has more than 5 and less than 10 years experience in the management and operations of affordable housing units. 1 8. PROJECT FEASIBILITY / READINESS FOR CONSTRUCTION 1 Zoning of the proposed site is approved and 80% of amount of projected construction period or permanent period debt financing required for feasibility is conditionally committed and/or reserved. 20 2 Zoning of the proposed site is in process and likely to be approved and 80% of amount of projected construction period or permanent period debt financing required for feasibility is conditionally committed and/or reserved. 10 3 Zoning of the proposed site is in process and likely to be approved and less than 80% of amount of projected construction period or permanent period debt financing required for feasibility is conditionally committed and/or reserved. 5 9. PUBLIC PURPOSE 1 If 75% or more of units, including non-pbv units, to be restricted to low- or very-low income occupancy: 30 2 If at least 50% to 74% of the units, including non-pbv units, to be restricted to low- or verylow income occupancy: 20 3 If at least 25% to 49% of the units, including non-pbv units, to be restricted to low- or verylow income occupancy: 10 4 Only PBV units will be restricted to low or very-low income occupancy. Page 2 of 2