|
Title:
|
REPORT - MAY 2020 REQUEST FOR PROPOSALS FOR PROJECT BASED VOUCHERS - FUNDING RECOMMENDATIONS FOR DETURK WINERY VILLAGE, BURBANK AVENUE APARTMENTS, AND CARITAS HOMES, PHASE I
BACKGROUND: On May 14, 2020, the City of Santa Rosa Housing Authority released a Request for Funding Proposals (RFP) for up to sixty (60) Project-Based Vouchers with the intent of making projects more competitive for Disaster Recovery Tax Credits or other competitive housing funding. The RFP deadline was May 27, 2020. Six proposals were received under the RFP; four of the applicants plan to apply for the special disaster relief tax credit application funding round. A total of 91 vouchers were requested leveraging a total of 669 affordable units. A total of 50 vouchers are recommended for funding across three projects. The Housing Authority approval of the proposals will authorize staff to enter into the appropriate Housing Assistance Payments contract(s) as required under the PBV regulations at 24 CFR part 983.
R...
|