21-813HA
| 1 | 4.1 | JULY 2021 PROJECT BASED VOUCHER REQUEST FOR PROPOSALS - FUNDING RECOMMENDATION FOR BENNETT VALLEY APARTMENTS | HA- Report | REPORT - JULY 2021 PROJECT BASED VOUCHER REQUEST FOR PROPOSALS - FUNDING RECOMMENDATION FOR BENNETT VALLEY APARTMENTS
BACKGROUND: The PBV RFP was published on July 23, 2021 with proposals due on August 11, 2021 (see Attachment 1). Thirty (30) PBVs were made available for projects specifically dedicated to permanent supportive housing for people who have experienced homelessness, with the intent to improve the financial feasibility of projects seeking other competitive financing. The July 2021 PBV RFP rating criteria used to score applications is consistent with HUD Guidance on the Project Based Voucher Program at 24 CFR. §983.3. The rating criteria included in this RFP was amended from past RFPs for Project Based Vouchers released by the Santa Rosa Housing Authority to align with the RFP target population and upcoming competitive funding rounds. The PBV RFP was targeted to project proposals that will be 100% affordable, and for projects in which at least 50% of the units will be dedicated to permanent supportive housing for individuals and families who have experienced homelessn | to waive reading of the text and adopt | Pass |
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