department of housing and community development stakeholder forum: padd/dfd joint solicitation...
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Department of Housing and Community Development
Stakeholder Forum: PADD/DFD Joint Solicitation Process
Department of Housing and Community Development
WELCOME
June 11, 2014
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Department of Housing and Community Development
Michael KellyDirector
D.C. Department of Housing and Community Development
Department of Housing and Community Development
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Department of Housing and Community Development
Nathan SimmsDeputy Director
D.C. Department of Housing and Community Development
Department of Housing and Community Development
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Department of Housing and Community Development
PROPERTY ACQUISITION AND DISPOSITION DIVISION
Acquires vacant, abandoned and deteriorated properties anddisposes of them by selling the properties to be rehabilitated into high quality affordable and market-rate housing for residents of the District of Columbia.
Current Inventory:
128 Lots
26 Buildings
Upcoming Property Dispositions:
July & Sept-Oct 2014; Multiple Properties
KARANJA SLAUGHTER, DIVISION MANAGER
Department of Housing and Community Development
DEVELOPMENT FINANCE DIVISION
Funding Source:
Funding Opportunities:Request for Proposals
July 2, 2014
Provides gap funding for the development of affordable rental units, homeownership units and community facilities for residents of the District of Columbia.
OKE ANYAEGBUNAM, DIVISION MANAGER
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Department of Housing and Community Development
Karanja SlaughterPADD Division Manager
D.C. Department of Housing and Community Development
Department of Housing and Community Development
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Department of Housing and Community Development
NEW PROCESS: OBJECTIVE
• PADD and DFD will conduct joint solicitations with the
goal of eliminating a redundant and less responsive
application, review and award process.
Department of Housing and Community Development
PROCESS CHANGES
• PADD Solicitation and DFD RFP
Issued Simultaneously
• Joint PADD / DFD Review Panel
• DFD Preliminary Underwriting
• Awardee Initiates Permit Drawing
Set Creation
• Joint PADD / DFD Closing
Department of Housing and Community Development
SHOW PROCESS MAP HERE
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Department of Housing and Community Development
PROCESS CHANGE TIMELINE IMPROVEMENT
• Estimated One Year
Timeline Issuance to
Closing
• Previous Issuance to
Closing Timeline Two-Three
Years – DFD financed
• Net One-Two Year
Improvement Issuance to
Closing
Department of Housing and Community Development
PROCESS IMPROVEMENT BENEFITS
1) More effectively combat blight
2) More effectively increase the affordable housing supply
3) Better facilitate the Mayor’s 10X20 goal
4) Increase the success rate of projects by decreasing
development timeline
5) Eliminate proposal-funding conflicts from the onset
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Department of Housing and Community Development
CURRENT INVENTORY OVERVIEW
• 154 Total Properties
• 26 Buildings & 128 Lots
• 58 Properties Pending Disposition – Phase I & II
• 17 Properties Pending Disposition – Winter 2014-15
• 65 Properties Planned Turnkey (subdivided lots)
• 18 Scattered Sites Remaining
– Art space, green space, urban agriculture, inter-agency
transfer targets, under negotiation for disposition
Department of Housing and Community Development
FUTURE ACTIVITIES: TURNKEY PROJECTS (FY14-15)
Department of Housing and Community Development
FUTURE ACTIVITIESSolicitations of twelve projects, including:
Department of Housing and Community Development
Laverne ScottHousing Projects Coordinator, DFD
D.C. Department of Housing and Community Development
Department of Housing and Community Development
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Department of Housing and Community Development
• Thorough underwriting before decisions
• Coordination with PADD to determine appropriate financing
• Improved lending outcomes
DFD’S APPLICATION PROCESS
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Department of Housing and Community Development
NEW DFD REQUIREMENTS
•5% of all projects must provide Permanent Supportive Housing as defined in the RFP•Priority points will be given to projects offering larger bedroom sizes (3 BRs and above)
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Department of Housing and Community Development
1. Threshold - clear, objective criteria2. Feasibility/sustainability analysis,
through underwriting3. Project prioritization, only for
applications determined to be feasible
4. Funding decisions
FOUR STEP PROCESS FOR DECISIONS
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Department of Housing and Community Development
11 criteria•All criteria clear and objective
1. Site control for applicant (Executed PDA)2. Zoning in place3. Regulatory eligibility for appropriate
programs4. Development team materials submitted5. Corporate Good Standing and Clean
Hands Certificate
STEP ONE: THRESHOLD CRITERIA REVIEW
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Department of Housing and Community Development
6. Creditworthiness 7.Completed Green Design process8.Architectural schematic drawings and Form 2159.Recent appraisal10.Phase I Environmental and Historic Reviews completed11.Completeness of application material submitted
THRESHOLD CRITERIA REVIEW – CONT’D
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Department of Housing and Community Development
• Applications that pass move into next three steps
• Applications that fail will not move to the next step, and will receive notice
THRESHOLD CRITERIA REVIEW
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Department of Housing and Community Development
• External Committee Review• Internal Committee Review• Ratified by DHCD Director Kelly• A Reservation or Rejection Letter issued to
all applicants
FUNDING DECISIONS
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Department of Housing and Community Development
• Letter of Reservation will include project-specific and generic closing conditions
• Commitment Letter follows with progress on closing conditions
FUNDING DECISIONS
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Department of Housing and Community Development
UPCOMING EVENT
PADD / DFD Solicitation and RFP Issuance
July 2, 2014, DHCD Website
Department of Housing and Community Development
QUESTIONS & ANSWERS
Department of Housing and Community Development
Thank You!
Department of Housing and Community Development
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