NEW ROCHELLE MUNICIPAL HOUSING AUTHORITY Request for Qualifications For Developer Partner(s) / Consultants For the Rental Assistance Demonstration (RAD) Housing Authority response to questions in connection with the RAD RFQ Posted July 31, 2015 Contained herein are the responses of the Housing Authority to all submitted written questions in connection with the NRMHA Request for Qualifications for the Rental Assistance Demonstration Project "RAD". QUESTION #1: 1. Regarding the Price/Fee paragraph from the evaluation criteria. Can you give us an example of fees you are looking for? As the Developer/Contractor it is difficult to calculate a hard dollar amount without having the benefit of the scope of work. RESPONSE to Question 1: The purpose of the Price/Fee criteria is to identify any known cost that the Housing Authority will have to pay during predevelopment. The Housing Authority will look favorably upon any response where no upfront fees or costs will be incurred. QUESTION #2: 2. a) Number of tenant based vouchers that the PHA operate? b) Has the Housing Authority created a non profit 501c3? c) Will the Housing Authority contribute financing to the development. If so, how much funding is available? d) Has the staff completed tax credit compliance training? e) Is off site land available or desired for this development? f) Has the city and or county indicated willingness or ability to provide funding assistance? g) What is the current number of vacant units by property? h) How many families are on the wait list? i) Are utilities resident paid? j) Is the Housing Authority willing to consider changes, if necessary? RESPONSE to Question 2: a) The Housing Authority administers 497 tenant based vouchers. b) The Housing Authority has single purpose entities that will not be used in the RAD Program. c) The Housing Authority will look favorably to any proposal that minimizes any direct financial contribution by the Housing Authority. d) The Housing Authority has Section 8 staff that have been certified in LIHTC Compliance. e) No off-site land is contemplated for the RAD Program. f) Both the City of New Rochelle and the County of Westchester have provided financial resources to past development activities, and may do so in the future. g) Vacant units by properties: 50 Sickles Avenue / 111 Lockwood Avenue - 203 Units - 8 Vacant 345 - 361 Main Street - 100 Units - 12 Vacant (all earmarked for the Relocation of another non-RAD development being demolished) h) WAIT LIST- Family: 57 Senior/Disabled: 369 Section 8: 5453 i) Utilities at all sites are master metered. The Housing Authority will entertain changing this. QUESTION #3: 3. a) What are the "current funding" levels at the three properties? b) Are there any existing HAP contracts in place? c) Is there any estimate of each property's capital needs? d) Are there any existing capital needs assessments, or similar documents available for our review? e) Page 15 of the RFQ indicated that the selected Developer Partner will provide a "performance" in addition to a completion guaranty to the Housing Authority. Are you seeking a guaranty beyond an unlimited construction completion guaranty? And if so, can you tell us what you are seeking? RESPONSE to Question 3: a) **THIS QUESTION WAS NOT ANSWERED** b) There are no existing HAP contracts in place. c) There are considerable capital needs for each property. d) The PCNA (Physical Conditions and Needs Assessment) for the properties has yet to be conducted. e) An unlimited construction completion guaranty is sufficient. Important Note: The Housing Authority has been advised by HUD that very strong consideration must be given to Respondents who include experienced RPCA contractors. For a list of potential RPCA Vendors with HUD RAD experience, please visit the following website: www.radcapitalmarketplace.com. The list is not exhaustive and does not reflect any endorsement by the Housing Authority.