Pre-bid Meeting: PADD/DFD Q & A

Department of Housing and Community Development

WELCOME

Aug 6, 2014

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Pre-bid Meeting Agenda

9:30a – 9:45a Meet and Greet

9:45a – 10:00a Opening Remarks – Director Kelly & Deputy

Director Simms

10:00a – 10:15a Presentation RFP Changes

10:15a - 11:45a Presentation and Q&A for 8th and T St, NW

11:45a - 1:15p Presentation and Q&A for Florida and Q St, NW

1:15p – 2:00p Lunch Break

2:00p - 3:30p Presentation and Q&A for Amber Overlook

Opening Remarks

Director Michael P. Kelly

Deputy Director Nathan Simms

Opening Remarks

Housing Projects Coordinator Laverne Scott

Pre-bid Presenter

• Coordination with PADD to determine appropriate financing

• Thorough underwriting before decisions

• Improved lending and processing outcomes

DFD’s Application Process

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1. Threshold - clear, objective criteria2. Feasibility/sustainability analysis,

through underwriting3. Project prioritization4. Funding decisions

Four Step Process for Decisions

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1. 5% of all projects must provide Permanent Supportive Housing as defined in the RFP

2. Priority points will be given to projects offering larger bedroom sizes (3 BRs and above)

3. Regulatory eligibility for appropriate programs

4. Development team materials submitted5. Corporate Good Standing and Clean

Hands Certificate

DFD’s Threshold Review Criteria

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6. Creditworthiness 7. Completed Green Design process8. Preliminary architectural schematic drawings and Form 212 or Form 215 9. Completeness of application material

submitted

Review Criteria – cont’d

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• 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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• Results of Underwriting will be reviewed in a committee process

• Ratified by DHCD Director Kelly• A Reservation Letter will be issued to all

successful applicants along with the property award letter

Funding Decisions

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• 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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QUESTIONS & ANSWERS

Pre-bid Presenter

PADD Manager Karanja Slaughter

District of ColumbiaDepartment of Housing and Community Development

Property Acquisition And Disposition Division

Solicitation For Offers #1 for 8TH and T Street, NW, Washington, DC

Pre-Bid Meeting

August 6, 2014

Agenda – Scattered Sites - Trinidad, NE, Washington, DC

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Overview of DHCD – 8th and T Street, N.W, Washington, DC

The DC Department of Housing and Community Development’s (DHCD) mission is to create and preserve opportunities for affordable housing and economic development and to revitalize underserved communities in the District of Columbia.

providing gap funding for affordable housing and community facilities

supporting communities through neighborhood-based activities

increasing first-time homeownership opportunities

funding the rehabilitation of single-family and multi-family homes

providing funding for homelessness prevention

addressing vacant and abandoned properties

overseeing the administration of rental housing laws

DHCD fulfills its mission by:

Site Details – 8th and T Street, N.W, Washington, DC

Location 8th Street N.W.& T Street N.W.

Square 0394

Lots 0060

Total Square Footage 5055 sq. ft.

Owner District of Columbia

Status Vacant

Zone (R-4 Residential)

2013 Tax Assessed Value $1,460,900

Adjacent Stakeholders/Property Owner Hospitality High School of Washington, DC

Historic District Yes

Site Details – 8th and T Street, N.W, Washington, DC

Neighborhood• Shaw is one of the oldest communities in the District and experienced significant growth during and immediately

following the Civil War. A development boom expanded the District through the neighborhood up to Florida Avenue, then the District’s northern boundary. This development continued into the early 20th Century, as entertainment options (such as nightclubs, restaurants and theatres) came to grow in the northern portion of the commercial corridor1. Seventh Street became the area’s new cultural and entertainment destination. Growth in the neighborhood continued until the April 1968 riots following the assassination of Dr. Martin Luther King, Jr., which devastated Shaw’s commercial corridor. Urban renewal efforts in the 1970s and 1980s resulted in the construction of public schools, churches, a public library, one major commercial facility and a supermarket.1

• Home to numerous historic sites, such as the Howard Theatre and Carter G. Woodson House, the neighborhood is also the location of the new $850 million Washington Convention Center and the City Museum of Washington, DC. Because of its historic building stock, proximity to Downtown, and outstanding transportation access, Shaw is attracting both local and national retailers. Several new developments offer new residences as well as exciting dining and entertainment options (such as ethnic restaurants, live theater, and music venues) to serve the diverse residents of the community. Shaw is rapidly becoming one of the DC’s hottest residential neighborhoods.

Zoning• The existing zoning is R-4, a low to moderate density residential zone. R-4 permits single family, duplex, rowhouse,

and flat development (2 residential units) by right. The zone does not permit new multi-family development. The site does not meet the minimum lot area standard for a Planned Unit Development (PUD). Each new rowhouse/flat lot in the R-4 zone is required to have a lot area of 1,800 sq.ft., and a minimum lot width of 18 feet.

Affordability• The developer shall demonstrate that 51% of all new units created shall be affordable to households with incomes at

or below 80% of AMI. For this Solicitation, PADD requires a minimum affordability period of 15 years for homeownership and 40 years for rental housing.

Agenda – Scattered Sites - Trinidad, NE, Washington, DC

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Background & Goals – 8th and T Street, N.W, Washington, DC

Development Goals:

•Mixed‐income developments;

•Vocational training and/or local neighborhood job creation;

•Good workmanlike construction, quality design and architecture that

complements the existing architecture of the neighborhood;

•Adequate financing from pre‐development through final completion;

•Family style affordable dwelling units (2 or more bedrooms) which allow

families to grow in place;

•51% of the units to be affordable at 80% AMI or below

•A commitment to at least 15 years of affordability for homeownership and 40

years for rental projects ;

•Community outreach and development coordination; and

•Use of green materials, techniques and systems that meet the 2011 Green

Communities Criteria.

Photos & Neighborhood Context– 8th and T Street, N.W, Washington, DC

8th and T Street, NW

8th and T Street, NW

8th and T Street, NW

8th and T Street, NW

8th and T Street, NW

Agenda – Scattered Sites - Trinidad, NE, Washington, DC

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Evaluation Criteria – 8th and T Street, NW

Criteria Description

Vision•Innovative, market-viable ideas for development or reuse of the Development Site, in terms of market viability and neighborhood context

Qualifications &

Experience

•Demonstrate that they are qualified to execute the proposed development plan•Have successfully served in developer roles for completed projects of a similar scale and scope to that Project proposed by Offerors•Provide evidence of sufficient organizational and financial capability to ensure successful and timely delivery of past projects

Project Financial

Feasibility and

Developer Financial Capacity

•Demonstrate that they possess the financial resources to execute the Project requirements with minimum District-based subsidy•Display a willingness to provide the District with fair consideration for its real property assets•Exhibit a willingness to provide the District with a meaningful guarantee regarding payment and performance through final Project completion

Attainment of District

Policy Goals

•LSDBE and CBE participation•Incorporate high-quality design•Improve quality of life for the surrounding community•Incorporate environmental sustainability best practices•Maximize economic value to the District

Agenda – Scattered Sites - Trinidad, NE, Washington, DC

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SFO Schedule – 8th and T Street, NW

IMPORTANT DATES

Issuance of Solicitation July 11, 2014

Pre-Bid Conference August 6, 2014

Site Visit 10a-12p, August 12, 2014

Proposal Due Date (at 4:00 PM ET) 4 pm, October 10, 2014

8th and T Street, NW

Questions and Answers

SFO - 8th and T Street, NW

Karanja Slaughter, Manager, PADD202-442-7282Karanja.slaughter@dc.gov

Adarsh Hathi, Project Manager, PADD202-478-1351Adarsh.hathi@dc.gov