Fillable Application for Supportive Housing Acquisition Funding (RIHousing)

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Application for Supportive Housing Acquisition Funding (RIHousing)

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The Application for Supportive Housing Acquisition Funding (RIHousing) form is 5 pages long and contains:

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Country of origin: US
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Application for Supportive Housing Acquisition
Funding
Application Deadline: 3:00 p.m., Wednesday, July 29, 2020
Applicant Name:
Please indicate the amount of funds you are requesting: $___________________________
Application Instructions:
Submit one (1) electronic copy of the application, including any spreadsheets and attachments, via email to James Comer,
Deputy Executive Director jcomer@rihousing.com
Use of an application other than this version will result in the application being disqualified.
1. Applicant Information
Organization:
Ownership entity if different from above:
Address:
City/Town: State: Zip Code:
Tax ID: Agency DUNS # (if applicable):
Chief Executive Officer:
Contact Person: Title:
Telephone: Fax: Cell:
E-mail Address:
Type of Organization:
Housing Developer Organization is: non-profit for-profit
Other:
2. Proposed Project Location
Project Name:
Street Address:*
City/Town: Zip Code:
Plat: Lot(s): Census Tract: Block Group:
*for multiples attach a separate list of addresses.
Please note: Development within a 100-year Flood Zone (A, AE), demolition of historic buildings and
development upon environmentally sensitive land is prohibited.
Per application checklist, provide FEMA map.
Applicants must demonstrate that the project can be occupied no later than November 30, 2020. The
proposal’s initial readiness to proceed will be assessed, and all applicants must demonstrate readiness to
proceed throughout the process.
3. Development Team Information
a) Strength of development team. Please be specific. Describe experience developing affordable housing
opportunities by providing a brief history of completed projects. Please provide evidence of satisfactory
progress of projects previously funded with RIHousing resources (if applicable).
4. Write a comprehensive narrative description addressing each of the following issues (use separate
headings):
a) Development Items and Timetable. Describe proposed plan for identifying and purchasing property,
identifying any necessary approvals by municipal bodies and/or state regulatory agencies, plans for
getting property up to code if necessary and fully furnishing property. Please provide a timetable for
completing all items.
b) Proposed Development Plan. Provide proposed development details including number of units,
bedroom count in each unit, and population served.
c) Demonstrate that the Permanent Supportive Housing proposed project is financially feasible. Provide
a budget that includes Total Development Cost (“TDC”) per unit. Note any other funds that will be
allocated to this project. Demonstration of financial feasibility could be supported by a copy of the
property listing slated for purchase and/or Purchase and Sale Agreement or Option, and an existing
appraisal, if available. DEVELOPER FEES AND/OR PROFITS ARE LIMITED TO 10% OF
THE TOTAL DEVELOPMENT COST OF THE PROJECT NOT INCLUDING
DEVELOPER FEES.
d) Permanent Supportive Services Experience and Proposal. Describe experience providing supportive services, or
describe partner proposed to provide services. If proposing to work with a partner, please provide, at a minimum,
a letter of interest. A signed Memorandum of Understanding will be required prior to closing. Provide a detailed
description of the types of onsite and/or supportive services you will provide to households in need of housing
due to the impact of COVID-19 and the transition to permanent supportive services thereafter. Include any
partners you will work with to provide these services
e) Discuss location and impact on surrounding community. Describe the existing conditions of the neighborhood,
demographic trends and local need. Be specific about impact of COVID-19 in the area in which the project is
located.
Application Checklist
These documents must be submitted in the following order within
one
PDF document.
Application (signed and dated)
Narrative proposal description
Project Sources and Uses
Resumes of all key development staff & team
Provide proof of organization’s creditworthiness
through financial compilation or audit
Include Plat, Lot and zip codes for all addresses
Photographs of property
FEMA flood map for each address
Design Plans and Specs
Site location map (location and surroundings)
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Application for Supportive Housing Acquisition Funding (RIHousing)

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Completed 28 June 2021

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