RFP Affordable Housing Property AcquisitionThe City of Turlock Housing has been authorized to sell certain real property owned by the City of Turlock Housing Program Services Division (the City). Each property will be sold or leased to an eligible non-profit organization (applicant) to provide and sustain affordable housing units. The specific requirements applicable for each property are further detailed in Exhibit A of this RFP.
These properties were acquired by the city with Home Investment partnership (HOME) funds from Housing and Urban Development (HUD). These properties will be rehabilitated by the city to bring them up to housing quality standards. Proposals should assume that the City owned properties will be conveyed in as-is condition after the basic rehabilitation work is complete. These properties have funding and affordability requirement and restrictions. These restrictions include HOME rent limits and tenant income limits. See the individual Property Use and Descriptions in Exhibit A for the specific site and tenant requirements.
Site Locations available:
209 A Street (8 units)
736 & 736 Park Street (2 units)
The City of Turlock Housing Program Services Division will accept proposals to acquire the individual properties in an “as is” condition by 3:00 p.m. on January 30, 2019 (the Due Date). In the event that the initial proposal period does not produce a viable award recommendation, the City may (at its discretion) extend the bidding period until it receives a viable proposal. Notification of a bidding extension will be made on the City’s housing website www.cityofturlock.org.
Proposals will be opened on the Due Date after 3:00 pm. It is the intention of the City to notify the successful Proposer by February 8, 2019. A proposal results letter will be sent all accepted proposers.
The City reserves the right to waive any irregularity or defect in any submission; request clarification or additional information regarding Proposals; to cancel this Request for Proposal (RFP) and or to reject any and all proposals at its sole discretion. The City shall assume no liability whatsoever for any expense incurred by a Proposer in replying to this RFP.
This RFP and the selection process shall in no way be deemed to create a binding contract or agreement of any kind between the City and applicant. All legal rights and obligations between the selected applicants, if any, and the City will come into existence only when an agreement is fully executed by the parties and then approved by the City Council.
Proposals Due: January 30, 2019
Affordable Housing Units 12-14 RFP
Questions & AnswersCan you tell me what the taxes are on this property? Currently, with the understanding that they are now renovated so they will increase or because we are using it for low income housing will we be tax exempt? Also on the other property what is "Shared Equity Loan"?
Currently we are not paying taxes on the property as it is a City owned property. In looking at the 15-16 tax roll amounts it shows $1,823.85 per installment. That was based on land value of $44,000 and Imp. value of $292,000. Since the property has been improved it is highly probable that the Imp. value will be higher. The agency awarded the project will be able to request an exemption as it will be used for low income housing. "Shared Equity Loan" means that if the property is ever sold the agency and the City would split (50/50) the proceeds of the property.
What is the correct address information for the A St. and 3rd St. properties?
The correct address is 209 3rd St. Each unit has its own separate address. The correct addresses are: 207and 209 3rd St 224,226,228,230,232,and 234 A St.
"Property Use and Description" is referred to as "Exhibit A". Are these the last 4 pgs. of the RFP following the cover sheet that detail each propery, including photos? Separate from Exhibit A referring to the IRS approval of 501c(3) status?
That is correct.
Can you tell me how much rent is for each unit at this location?
The rent that is currently being charged for each unit is listed under B. Location heading of the property description and use pages. The awarded agency will be able to increase or decrease the rents as long as they are within the Low and High HOME rent limits that will be provided to the awarded agencies.
What are the format requirements?
The outline and required documentation of each section are listed beginning page 5 through page 8 of the RFP.
What are the allowable number of pages (per sections)?
There are no limits.
What will be done with the requested information from the clients?
The awarded agency or property management company of the agency is required to maintain the tenant file.
Will City of Turlock need client names or will the demographic information be allowed?
Client names and information will need to be included in the file in order to provide proof of eligibility to City and or HUD for audit purposes.
Will the awarded agency obtain the security deposit from the two residents currently living in the properties?
Yes, the deposits will be transferred to the awarded agency.
Will the City of Turlock hold Property Insurance on the dwellings?
No, it is the responsibility of the awarded agency to obtain property insurance.
Will this project require HMIS reporting?
No, The City of Turlock does not require HMIS reporting.
When asking about the return of Federal or State funding what timeperiod would you like us to capture?
We would like to see the most recent 5 years.