Attachment_#4b_-_Qualifying_Project_-_Owner.docx

DOCX document 44 KB Posted

Attached to
Request for Proposals for Development of 710 Hamilton St. Redwood City, CA
Solicitation number
2027-RFP-00078
Issued by
San Mateo County, California

About this file

This is a Qualifying Project Form for the Ownership Experience category submitted to the County of San Mateo Department of Housing in response to a Request for Proposals for development of 710 Hamilton Street in Redwood City, California. The RFP seeks qualified developer teams to submit proposals for redeveloping a County-owned property currently occupied by a law library into mixed-income housing with a preference for public agency employees. The property encompasses approximately 20,500 square feet and is located on a corner lot in a civic and commercial area. The County intends to negotiate a long-term ground lease with the selected developer, retaining land ownership while transferring property control upon the developer's achievement of close of construction financing. The qualifying project must be a new construction development that includes family units (2+ bedrooms), incorporates Low-Income Housing Tax Credit financing, and is not restricted to seniors.

The Qualifying Project Form requires developers to document specific project details including construction dates, unit count and mix, affordability levels by area median income (AMI) thresholds, financing sources, total development costs, government subsidies and gap financing, and any budget or schedule variances. The form evaluates ownership experience by examining projects within the nine-county Bay Area that demonstrate the developer's capacity to deliver affordable housing. Developers must provide information on resident services coordination, supportive housing services contracts, and amenities included in the project. The form also requires documentation of formerly homeless households served and populations supported through the development, allowing proposers to demonstrate their qualifications and experience delivering comparable affordable housing projects.

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Text version

County of San Mateo Department of Housing

ATTACHMENT 4b: QUALIFYING PROJECT FORM - Ownership

Experience Category
b. Ownership – Qualifying Project must:

· Be a New Construction project

· Include Units for families (2+ bedrooms)

· NOT be a restricted Senior project

· Be financed in part with Low-Income Housing Tax Credits

· Be located in the 9-County Bay Area

Project Name and Address

Developer Name

Developer Role(s) (i.e. managing partner, limited partner, consultant, etc.; identify if joint-venture)

Construction Dates (indicate construction start month/yr and completion month/yr)
Start Date:

Completion Date:

Date of Ownership (i.e. TCO)

Construction Type(s) (indicate material, i.e. wood, steel, etc)

Total # of Residential Units (including Manager Units)

Total # of Restricted Residential Units

Unit Mix & Affordability of Rent-Restricted Units
Rent Restricted Units Only
Unit Type
< 30% AMI
40% AMI
50% AMI
60% AMI
70% AMI
80% AMI

Studio

1-br

2-br

3-br

Total Number of Restricted Units: ____________ Average Affordability Level: ____________ Number of Formerly Homeless Households: ____________

Population(s) Served (i.e. Family, Former Foster Youth, Homeless Vets Supportive Housing, etc.)

Amenities Included (i.e. community room, front desk, laundry, resident courtyards)

Total Residential Square Footage

Total Square Footage of Commercial Area and Use, if any

Summary of Financing Sources (indicate Construction & Perm financing sources and amounts)

Total Development Cost (include TDC, per unit, and per square foot cost)

Total Government Subsidies/Gap Financing by Source / Amount (indicate Construction & Perm sources; do not include tax credit funding)

Budget/Schedule Variance (describe any variance from construction budget and schedule approved at construction start; explain amount, length of time, reasons and source of funds to cover additional costs)

Does Project have an on-site Resident Services Coordinator? (Y/N)

Does Project have a contract with a Supportive Housing Services Provider? (Y/N)

Add additional information here that demonstrates that the Owner meets the Minimum Qualifications.

Attachment #4b RFP for Law Library Site – Redwood City

File details come from the government source that posted it. Updated .