Fillable The State of Rhode Island Housing Resources Commission (RIHousing)

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The State of Rhode Island Housing Resources Commission (RIHousing)

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  • 108 check-boxes
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BHRI 2021
1
The State of Rhode Island Housing Resources Commission
Funding Application for Building Homes Rhode Island IV (Round 1)
Due
3:00 p.m.
Friday, September 10, 2021
Applicant Name: _______________________________________________________________
Project Name: _______________________________________________________________
Address(es): _______________________________________________________________
_______________________________________________________________
Please indicate the amount of funds you are requesting:
Total Funds BHRI Funds Requested:
$ _______________
This application is for:
Rental Housing Homeownership Homeownership with a rental
Creation Preservation Creation & Preservation Combined
Note(s):
Developer fees and/or profit are limited to the lower of 15% of the total
development cost or restrictions imposed by other funding sources.
“Creation” involves investment in new or newly-affordable units through
new construction and/or rehabilitation;
“Preservation” involves (re)investment in existing affordable housing units.
BHRI 2021
2
Application Instructions:
• The Housing Resources Commission requests that all applicants must submit their applications
electronically via RIHousing’s SharePoint site. Contact Brittany Toomey at
Btoomey@rihousing.com for your organization specific access code and instructions.
1. Applicant Information
Or
ganization: _______________________________________________________________
Ownership entity if different from above: __________________________________________
Address: ___________________________________________________________________
City/Town: ______________________________ State: _______ Zip Code: _____________
Tax ID: ______________________ Agency DUNS # (required): ______________________
Executive Director: ___________________________________________________________
Telephone: E-mail Address: _________________________________
Contact Person:__________________________ Title: _______________________________
Telephone: __________________ E-mail Address: __________________________________
Type of Organization:
Housing developer: Organization is: non-profit for-profit
Housing Authority: Municipality:
Social Service Agency Other: _________________________________________
2. Project Location
Project Name: ______________________________________________________________
Street Address*: _____________________________________________________________
City/Town: ______________________________________ Zip Code: _________________
Plat: __________ Lot(s): ___________ Census Tract: __________ Block Group: __________
*for scattered site developments attach a separate list of addresses.
3. Project Involves (check all that apply)
Acquisition
if yes, submit a Voluntary Acquisition Letter
New Construction Rehabilitation
Demolition Relocation
if yes, submit a summary of your
relocation plan.
BHRI 2021
3
Environmental Remediation
Property is: Vacant Land
Existing building Year built: _________ to be demolished?
Property/site is in a 100-year Flood Zone Yes
Submit a FEMA flood map for each address (see Application Checklist on pages 8-9).
4. Occupancy and Relocation
Number of current residential units in building: ______ Number of commercial spaces: ______
Is property occupied? No Yes
If yes, number of occupied units: _______ Number of operating businesses: _______
Number requiring permanent relocation: households: _______ businesses: _______
Number requiring temporary relocation*: households: _______ businesses: _______
5. Total Number of Proposed Residential Units
Total Number of Units: ________ Number of Affordable Units: ________
# BHRI units: _____ # Non-BHRI units (please specify type): ________________________
Total building square footage (units and community/commercial): ____________
Total commercial square footage:________ Total community space square footage:_________
Total number of on-site parking spaces: ________
No
BHRI 2021
4
Rental Proposals
*
Temporary relocation applies to tenants who are eligible to return to the development upon completion. Temporary
relocation cannot exceed 12 months. Temporarily relocated tenants must be re-housed in the development at rents that d
o
not
exceed 30% of household income. See Application Checklist on pages 8-9.
Homeownership Proposals
Rental Unit Summary
Number of
Bedrooms:
SRO,
EFF, 1
through 5
Number
of Baths
Unit Sq.
Footage
Total
Number
of Units
at This
Size
Number
of Units
at ____
% AMI
Number
of Units
at ____
% AMI
Number
of Units
at ____
% AMI
Operating
Subsidy
(Yes or
No)?
Proposed
Tenant
Paid
Utilities
(U/A)
Proposed
Net Rent
Per Unit
Per
Month
Proposed
Gross
Rent Per
Unit Per
Month
Totals:
Homeownership Summary
Number of
Bedrooms: EFF,
1 through 5
Number
of Baths
Unit Sq.
Footage
Total
Number
of Units
at This
Size
Number
of Units
at ____
% AMI
Number
of Units
at ____
% AMI
Number
of Units
at ____
% AMI
Proposed
Sales
Price
Totals:
BHRI 2021
5
6. H
omeownership with Rental Unit(s)
Number of rental units: ____ Unit Sq. Footage: _______
7. Site Control.
Attach evidence of site control. See Application Checklist on page 8-9.
Applicant Owned
P & S Agreement
Option
RIH Land Bank Purchased with RIH bridge loan? Yes No
No Site Control
Explanation, if needed: ____________________________________________________
Name of Current Owner: __________________________________________________
Address: _______________________________________________________________
Acquisition Cost: ________________________
8. Project Status.
Attach evidence, if available. See Application Checklist on pages 8-9.
Item
Already
Obtained
Not
Needed
In
Process
Expected Date
Zoning Approval
_____________
Planning/Subdivision
_____________
Final Comprehensive Permit
_____________
Building Permits
_____________
DEM Wetlands
_____________
DEM Remediation
_____________
DEM Septic Approval
_____________
HUD Flood Zone
_____________
RI Historic Preservation &
Heritage Commission
_____________
Phase I Environmental
_____________
Phase II Environmental
____________
Utility Availability
____________
BHRI 2021
6
9. Project Schedule
Benchmark
Expected Date
Reservation of all funding acquired
Date of Closing
Acquisition of property
Completion of design/engineering
Request for Construction/Rehab Bids
Award of construction contract
Begin marketing of units
Start construction
Construction completion
Submission of occupant eligibility documentation
Full Occupancy
BHRI 2021
7
10. Project Details (check all that apply).
Do not claim anything that cannot be substantiated.
Note – additional detail may be required in Attachments and/or application narrative.
Sustainable Design & Accessibility:
Compact Development Smart Growth / Walkability
Uses Existing Infrastructure Public Water Public Sewer
Brownfield Redevelopment Historic Preservation
Preserves/Provides Open Space Percentage of open space provided: ______
Preserves Agricultural Land Neighborhood Revitalization
EPA Water Sense Appliances Energy Star
Universal Design Green Building
Handicapped Accessible Units Number of ADA units: _______
Geographic Diversity (be as detailed as possible regarding distance):
Amount of housing stock in city/town considered affordable? ______%
Provides Transportation Options within ________feet/mile(s)
Access to Employment Centers/Jobs within ________feet/mile(s)
Access to Community Services within ________feet/mile(s)
Access to Food and Retail Goods within ________feet/mile(s)
Access to Parks/Recreational Areas within ________feet/mile(s)
Access to High Performing Schools Please Specify: ___________________
Duration of Affordability: Affordability Period _______ years.
If “Preservation”:
When were units first developed & occupied: ___________
When does/did current affordability period expire: ___________
Affordability tied to what program(s): ___________
11. Write a concise narrative description of your proposal which includes:
a) Describe the objectives and beneficiaries of proposal (including location and community
impact) and explanation of how your project is consistent with the State Guide Plan,
emphasizing Land Use 2025 and the Strategic Housing Plan and the Rhode Island
Consolidated Plan.
b) Describe all previous affordable housing projects your organization has produced and identify
all key staff members, partners and development team (e.g., architects, engineers, consultants,
property manager).
BHRI 2021
8
ATTACH AND TAB
IN EXACT ORDER
THE INFORMATION AND/OR
DOCUMENTS REQUESTED ON APPLICATION CHECKLIST
All applicants must sign the Agreement and Certification.
Agreement and Certification
The undersigned specifically agrees that the funds requested by this application will be secured by a
Mortgage and/or Deed Restriction on the property described herein and that The State of Rhode
Island Housing Resources Commission, its agents, successors and assigns make no representations
or warranties, express or implied, to the Applicant regarding the property, the condition of the
property or the value of the property.
I verify that the information in this application is true and correct. I understand that false statements herein are
subject to the penalties of Rhode Island Law relating to unsworn falsification to authorities.
Organization Name:
By: _______________________________ Title: _______________________________
Print or type name
Signature:_____________________________________ Date: ____________________
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BHRI 2021
9
Application Checklist
Attach in this order (for all applications)
Application (signed and dated)
Narrative proposal description (Question 11)
Board Resolution authorizing submission
Tab 1: Financial
Complete all Development Proforma pages/budgets
Evidence of funding reservation(s)
Tab 2: Development Team Capacity
Resumes of all development staff
Architect and Contractor Qualifications (if selected)
Organization’s financial compilation or audit
Tab 3: Project Status
Property Deed and legal description of each property
Include Plat, Lot and zip codes for all addresses
Photographs of property
Evidence of site control
Evidence of zoning approval
FEMA Flood Map for each address
Tab 4: Design & Construction
Schematic Design and Specs
Detailed construction estimates (rehabilitation budget)
prepared by qualified professionals.
BHRI 2021
10
Application Checklist continued
Tab 5: Unit Marketing and Housing Demand
Marketing Plan
Waitlist (if applicable)
Market Study/Analysis (if available)
Buyer/Tenant Selection Policy (if applicable)
Tab 6: Geographic Diversity/Community
Site location map (also show surrounding area)
Tab 7: Attachments
Completed Attachments (A through G)
and supporting documentation
Additional tabs for the following:
Acquisition only:
Voluntary Acquisition Letter to Seller
Current appraisal (if required)
Relocation only:
Relocation plan that includes household and
unit size and current gross rent, and copies of
GIN sent to tenants, if required.
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The State of Rhode Island Housing Resources Commission (RIHousing)

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Completed 28 June 2021

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