RFQ 1.17.24: Co developer Partner Development Partner
| Agency: | Fort Wayne Housing Authority |
|---|---|
| State: | Indiana |
| Level of Government: | State & Local |
| Category: |
|
| Opps ID: | NBD16302527614375389 |
| Posted Date: | Jan 16, 2024 |
| Due Date: | Feb 29, 2024 |
| Solicitation No: | RFQ 1.17.24 |
| Source: | Members Only |
| Title | Category | Scope | Open Date | Close Date | Bid Package | Notes |
| RFQ 1.17.24: Co developer Partner Development Partner | Download | 01/16/2024 | 02/29/2024 | Download |
Attachment Preview
Co-Developer Partner
for
Development Project
RFQ 1.17.2024: Co-Developer Partner for Development Project
Publication of Request: January 17, 2024, at 12:00pm
Submission of Response Deadline: February 17, 2024, at 12:00pm
Fort Wayne Housing Authority • 7315 Hanna Street, Fort Wayne, IN 46816 • www.fwha.org
1 FWHA – RFQ 1.17.2024: Co-Developer Partner for Development Project
The Housing Authority of the City of Fort Wayne, Indiana and its affiliated entities d/b/a
Fort Wayne Housing Authority (“FWHA”) seeks proposals from interested and qualified
individuals and/or companies who have experience with development projects.
The scope of work must address all necessary labor, materials, equipment, transportation,
and supervision necessary to complete the process. The Respondents to the RFQ are
expected to provide the services outlined below and provide FWHA with a detailed analysis
and methodology to manage the following Scope of Work:
❖ SCOPE OF WORK: FWHA is seeking responses from an experienced professional
or team of professionals to co-develop a new construction housing development
project in partnership with FWHA or its non-profit affiliate. FWHA, or its non‐profit
affiliate, will serve as the Co‐developer with a Development Company that is
experienced in the areas of affordable and market rate housing. FWHA, along with
the Co‐developer, shall select the other key members of the team which may include
architectural, legal, construction, management and financial services. Specific
items are detailed in the specifications contained herein.
o FWHA’s Role (this list is not necessarily all-inclusive):
▪ Engage with the selected Co‐developer in the overall development
process including decisions affecting the development and
management of the project(s).
▪ Interface with HUD and other municipal entities.
▪ Interface with FWHA and obtain approval to transfer ownership of
property along with other approvals as needed (building, zoning etc.)
▪ Public relations between development and the community.
▪ May provide some guarantees to be negotiated with the selected Co‐
developer and various lenders, investors and syndicators.
▪ Assist in applying for local/state/federal funding to help support the
development.
▪ May provide up to $100,000 in pre‐development loan funds for market
study, appraisals, and other pre‐development activities.
▪ May provide properties for re‐development.
▪ Maintain Co‐ownership control of all properties as leased or until sold
(through either FWHA or its non‐profit affiliate).
▪ Establish a financial structure that allows it to participate in a stream
of income from the development, including the developer's fee, cash
flow and incentive management fees, etc.
▪ Provide historical operating costs to develop detailed operating
budgets showing at least 20‐year projections.
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2 FWHA – RFQ 1.17.2024: Co-Developer Partner for Development Project
▪ Assist with Section 3 and Davis‐Bacon compliance.
▪ Coordinate community and supportive services.
▪ Assist with design, construction and quality control of the
development.
▪ Comply with Section 504 of the Rehabilitation Act, as amended, and
the rules and regulations there under, with regard to provision of
accessible housing.
▪ Secure Project Based Vouchers as needed.
▪ Work with co‐developer to apply for Tax Credits and Bond Financing
or other investment tools if appropriate.
▪ May participate in sales, leasing and waitlist management if
appropriate.
o Co-Developer’s Role (this list is not necessarily all-inclusive):
▪ Obtain all permits, approvals, and environmental clearances.
▪ Hire professional services such as environmental, architectural,
engineering, marketing accountant, legal as needed.
▪ Hire general contractor and all trades contractors.
▪ Arrange financing and provide all required guarantees which exceed
those which can be provided by the FWHA because of its nonprofit &
governmental status.
▪ Assist with Low Income Housing Tax Credit application to IHCDA,
Federal Home Loan Bank, and other applications as needed.
▪ Assist in developing training and employment opportunities.
▪ Comply with Section 3 requirements.
▪ Encourage participation by MBE, WBE and Section 3 firms.
▪ Ensure compliance with Davis‐Bacon as required.
▪ Develop a cost‐effective construction strategy and implementation
schedule.
▪ Work with FWHA and consultant to develop detailed project budget or
operating proformas.
▪ Assist FWHA in compiling data for regular monthly reports on the
progress of development efforts, including work completed,
associated costs, and schedule.
▪ Assist with resident relocation timeframe and efforts as needed.
▪ Oversee asset management functions as required through lease‐up,
conversion to permanent financing and/or Sale to owner occupants.
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3 FWHA – RFQ 1.17.2024: Co-Developer Partner for Development Project
o Required Experience: Each Respondent must have the following:
▪ Experience in those developments designed specifically for urban
areas with mixed income, mixed type and mixed use communities.
▪ Experience in maximizing the use of various financing vehicles.
▪ Experience in managing the construction housing communities.
▪ Expertise with local government authorities which regulate the
permits and utilities.
▪ Experience with rental housing operations and for-sale dispositions.
▪ Expertise in housing developments that combine affordable housing
with market rate progression opportunities.
▪ Expertise in regulatory compliance issues.
▪ Expertise with Section 3, Davis‐Bacon, and W/MBE compliance.
o The Co-Developer partnership shall be negotiated based on the requirements
of the funding sources.
❖ This Scope of Work is used to gain an understanding of Respondent services and
costs. It may not be the full scope of a future contract with the chosen Respondent.
The remainder of this page was left intentionally blank.
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4 FWHA – RFQ 1.17.2024: Co-Developer Partner for Development Project
Responses should be provided in the following format: Responses should be received as
one (1) electronic version (via email, upload or flash drive). Marked page separators should
clearly identify each section to facilitate quick reference and comparison to the material
submitted by other respondents. Brevity will be appreciated. Responses should address all
items requested in this RFQ including, but not limited to, the following:
A. Letter of Transmittal:
1. Include a letter of transmittal bearing the signature of an authorized
representative of the respondent and the name and email address of the
individual authorized to negotiate services and costs with the FWHA.
B. Section 1—Vendor Information:
1. Provide general information that best represents the respondent’s
company.
2. Describe those factors that differentiate the respondent’s service from
other such vendors.
3. Provide proof that the respondent has at least $500,000 of General Liability,
$500,000 of Automobile Liability and $1,000,000 of Professional Liability
Insurance, including errors and omissions.
4. Affirm that your organization is properly licensed to perform this type of
service in the State of Indiana.
C. Section 2—Capacity to Provide Professional Services in a Timely Manner:
1. Describe the methodology that the respondent proposes to provide the
services described in the Scope of Work. Include information on proposed
staffing and the equipment that will be needed to provide these services.
2. Describe the specific deliverables that the respondent will provide
supported by a timeline for providing these deliverables.
3. State whether your organization is national, regional or local. State the local
address of your firm.
D. Section 3—Staff Experience and Organization:
1. Show the experience of the key personnel anticipated to be assigned to this
project relative to projects of similar size and nature. Specifically, show the
experience that the key personnel have in working with each other on
previous projects.
2. Provide a staffing plan of who will be responsible for the specific tasks
identified in the Scope of Work.
3. Describe any partnerships your organization has used to complete a
project.
E. Section 4—Organizational Experience:
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