Affordable Housing Development Services, Everett WA
Request for Proposal for Affordable Housing Development Services can be found at www.evha.org, Doing Business, then click on Current Bidding Opportunities.
Reporting to the Executive Director or designee, the consulting firm will provide analytical and advisory services that will support the senior staff including the Finance Director and the Director of Development and/or the Director of Acquisitions in making development decisions. In addition, the consulting firm will assist the senior staff with completing development tasks as needed.
The Authority is actively engaged in repositioning its inventory, acquiring additional properties, and considering investments to meet the affordable housing needs in Everett and Snohomish County. These efforts include:
- Conversion of 9 – HUD Multifamily Project Rental Assistance Contract (PRAC) properties to either project-based voucher (PBV) assistance or Project Based Rental Assistance (PBRA) under HUD’s Rental Assistance Demonstration (RAD) program financed with tax credits and bonds for the renovations of these properties.
- Acquisition, resyndication and rehabilitation of upto four senior/elderly housing properties that are individually funded with either FHA 223f, LIHTC, HOME, Housing Trust Fund with subsidies from PBRA and PBV.
- Over the next several years EHA intends to re-syndicate its existing properties, develop and/or acquire additional units through a variety of financing methods including tax credits, bond financing, and conventional loans.
The scope of work required of the consultant will include assistance with some or all of these efforts.
Request for Proposal Available |
02-04-19 |
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Questions Due |
02-13-19 |
12 PM PST |
Addendum(s) Issued |
02-18-19 |
5 PM PST |
Submittal Due |
02-25-19 |
5 PM PST |
Team Evaluation Period |
02-16-19 thru 03-08-19 |
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Team Meeting |
Week of March 11, 2019 |
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Interview (If applicable) |
Week of March 18, 2019 |