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HomeMy WebLinkAboutContract 23391 CITY SECRETARY CONTRACT NO. ZM T ` �C y 1 STATE OF TEXAS § COUNTY OF TARRANT § THIS contract is made and entered into by and between the City of Fort Worth ("City"), acting by and through Libby Watson, its duly authorized Assistant City Manager, and Neighborhood Housing Services of Fort Worth, Inc. ("Contractor"), by and through Larry Wallace, its duly authorized Board President. Contractor's business address is 2315 N. Main St., Suite 401, Fort Worth, Texas 76106. WHEREAS, the City of Fort Worth ("City") has received grant monies from the United States Department of Housing and Urban Development ("HUD") through the Home Investment Partnerships Program ("HOME"), Program Nos. M-95-MC-48-0204, with which the City desires to promote activities that expand the supply of affordable housing and the development of partnerships among the City, local governments, local lenders, private industry and neighborhood based, nonprofit housing organizations; and WHEREAS, the primary purpose of the HOME program pursuant to the National Affordable Housing Act of 1990 ("NAHA") and 24 CFR 92, ("the Regulations") is to benefit low and very-low income citizens by providing them with affordable housing; and WHEREAS, Contractor, a nonprofit corporation managed by a volunteer Board of Directors, is working to revitalize distressed neighborhoods in Fort Worth and to increase the number of decent, affordable housing units available to low and very-low income families and individuals; and WHEREAS, the citizens and the City Council of Fort Worth have determined that the development of safe, decent and affordable housing is needed in low and very-low income neighborhoods in Fort Worth; NOW, THEREFORE, THIS AGREEMENT FURTHER WITNESSETH: 1 GENERAL PROVISIONS 1.1 Purpose 1.1.1 The express purpose of this agreement is to provide Contractor with HOME funds not to exceed Seventy Thousand Dollars, ($70,000.00) to provide funding for Contractor's Infill Housing Program in the .Contractor's target areas - Northside, Polytechnic Heights, and Riverside neighborhoods. 1.1.2 The fund may be used for the following activities: 1) acquisition of vacant lots; 2) site preparation; and 3) construction of new homes for resale to qualified low Page 1 income first-time homebuyers. The objective is to initially build and sell within the contract period two new homes to qualified homebuyers. Contractor will use home sale proceeds to establish a revolving fund to finance the acquisition of additional vacant properties to build new homes for sale to very low to low income homebuyers in accordance with the "Program Summary"-Exhibit A. 1.1.3 The eligible costs are those allowed under the HOME regulations for the specific activities mentioned in 1.1.2. Up to 7% of the sales price of each house sold under this program shall be allowed as a developer's fee to be paid to Contractor at closing. 1.1.4 The City shall act through its agent,the City Manager, or his duly authorized representative, unless otherwise stated in this agreement. Contractor agrees to comply with the uniform administrative requirements contained in Section 92.505 of the HOME regulations, including Subpart F, and applicable City Codes and regulations. 1.2 Duration/Period of Affordability 1.2.1 This Contract begins on the date of execution of this contract and remains in effect through the period of affordability of the last house sold under this program. Affordability means that the actual principal, interest, property taxes, and insurance (PITI) for the purchase does not exceed thirty percent (30%) of the monthly adjusted income of a family with an income at or below eighty percent (80%) of the median income of the area, adjusted for family size, as established by HUD. 1.2.2 The housing sponsored or developed by Contractor will remain affordable as required by Section 92.254 of the Regulations. If the housing does not meet the affordability requirements as stated below, the funds used to produce said housing must be repaid to the City. HOME funded homebuyer programs must remain affordable housing for minimum periods of. 5 years where the per unit amount of HOME funds provided is less than $15,000; 10 years where the per unit amount of HOME funds provided is $15,000 to $40,000; and 15 years where the per unit amount of HOME funds provided is greater than $40,000. Repayment of the HOME funds attributable to the unit or units that do not maintain the HOME affordability requirements will be required from the Contractor, if, at any time the Contractor is found to be non-compliant to the above time limits. 1.3 Income Requirement and Use of House as Principal Residence 1.3.1 The HOME Program uses the income definitions used in the Section 8 Program. Annual income includes earned income, income from assets, and income from other sources as defined by 24 CFR 813. Annual income is used to establish homeowner eligibility. The annual income of the homebuyer, adjusted for family size Page 2 shall not exceed 80% of the area median income as established by HUD. Contractor shall use the most current HUD Program Income Guidelines to determine program eligibility. 1.3.2 The homebuyer must use the home purchased under this program as his/her principal residence during the period of affordability.. 1.4 Housing Quality and Other Standards 1.4.1 Housing units built and sold to homebuyers under this program shall meet the most current HUD Housing Quality Standards (HQS), all applicable standards under the City Codes and ordinances, and the Model Energy Code published by the Council of American Building officials. 1.5 Other Requirements 1.5.1 The sales price of the house shall not exceed 95% of the median purchase price for the type of single family housing for the Fort Worth as determined by HUD. 1.5.2 Every project site under the Program shall comply with environmental review requirements in Sec. 92.350 of HOME regulations. 1.5.3 The sales price of the house shall not exceed the appraised value of the property as determined by an independent appraiser. 1.5.4 Contractor shall comply with equal opportunity housing provisions pursuant to Sec. 2.350 of HOME regulations. 1.5.5 Contractor shall demonstrate that the AHDF funds shall be leveraged by other funding sources 1.6. Independent Contractor 1.6.1. Contractor shall operate hereunder as an independent contractor and not as an officer, agent, servant or employee of the City. Contractor shall have exclusive control of, and the exclusive right to control the details of the work and services performed hereunder, and all persons performing same, and shall be solely responsible for the acts and omissions of its officers, members, agents, servants, employees, subcontractors, program participants, licensees or invitee. The doctrine of respondeat superior shall not apply as between City and Contractor, its officers, members, agents, servants, employees, subcontractors, program participants, licensees or invitee, and nothering herein shall be construed as creating a partnership or joint enterprise between City and Contractor. It is expressly understood and agreed that no officer, member, agent, Page 3 employee, subcontractor, licensee or invitee of the Contractor, nor any program participant hereunder, is in the paid service of City and that City does not have the legal right to control the details of the tasks performed hereunder by Contractor, its officers, members, agents, employees, subcontractors, program participants, licensees or invitee. 1.6.2 City shall in no way nor under any circumstances be responsible for any property belonging to Contractor, its officers, members, agents, employees, subcontractors, program participants, licensees or invitee, which may be lost, stolen, destroyed or in any way damaged; and Contractor hereby indemnifies and holds harmless City and its officers, agents, and employees from and against any and all claims or suits. 1.7 Termination 1.7.1 This contract may be terminated by the City in the event of default, inability, or failure to perform on the part of Contractor, or whenever such termination is determined by the City to be in the City's best interest. Likewise, the contract may be terminated by Contractor if the City does not provide funds pursuant to this agreement. The contract may be terminated for mutual convenience upon agreement of the parties. 1.7.2 The parties acknowledge that HOME funds paid hereunder are intended to provide only partial funding for Contractor's program operations. If non-HOME funds to implement the program are not forthcoming to the Contractor during the contract term, the City may terminate this contract. 1.7.3 City shall notify the Contractor in writing of any breach of this contract, and specify a reasonable time within which to cure the particular breach. After being notified of such non-material breach, if Contractor fails to cure the non-material breach within the time stated in the notice,this contract shall automatically terminate at the expiration of the stated time allowed for cure. 1.7.4 Contractor will return to City any unused monies previously distributed under this contract within thirty (30) days of the effective date of contract termination. City will have no responsibility or liability for Contractor's expenditures or actions occurring after the effective date of the contract termination. 1.8 Venue 1.8.1 Should any action, whether real or asserted, at law or in equity, arise out of the execution,performance, attempted performance or non-performance of this agreement, venue for said action shall be in Tarrant County, Texas. Page 4 1.9 Written Instrument is Entire Agreement 1.9.1 All terms of this contract shall apply to any and all subcontractors of Contractor which are in any way paid with HOME funds or who perform any work in connection with Contractor's Program. 1.9.2 The provisions of this agreement are severable, and, if for any reason a clause, sentence, paragraph or other part of this agreement shall be determined to be invalid by a court or federal or state agency, board or commission having jurisdiction over the subject matter thereof, such invalidity shall not affect other provisions which can be given effect without the invalid provision. 1.9.3 The failure of the City to insist upon the performance of any term or provision of this agreement or to exercise any right herein conferred shall not be construed as a waiver or relinquishment to any extent of the City's right to assert or rely upon any such term or right on any future occasion. 1.9.4 This written instrument and the exhibits attached hereto, which are incorporated by reference and made a part of this contract for all purposes, constitutes the entire contract by the parties hereto concerning the work and services to be performed under this contract. Any prior or contemporaneous oral or written agreement which purports to vary the terms of this contract shall be void. Any amendments to the terms of this contract must be in writing and must be approved by each party to this contract. 1.9.5 The paragraph headings contained herein are for convenience in reference to this contract and are not intended to d--fine or to limit the scope of any provision of this contract. 2 DUTIES AND RESPONSIBILITIES OF CITY 2.1 Disbursement of Funds 2.1.1 The City will furnish federal grant funds, (HUD HOME Investment Partnerships Program No. M-95-MC-48-0204) for use as stated herein. The City will monitor the use of such funds to ensure appropriate use of the funds. Funds shall be disbursed after execution of this contract and compliance with the provisions therein. Disbursements from the HOME account for actual acquisition, construction, and/or sale will not be made until actually needed for payment. Reimbursement of expenses will require completion of a "Request For Funds" form, and a copy of supporting documents, including the property sales contract. 2.2 Amount of Funds Page 5 2.2.1 It is agreed that the total distribution of federal grant funds made available to or paid on behalf of Contractor, during the term of this contract shall not exceed the total sum of Seventy-Thousand Dollars ($70,000). 2.2.2 Contractor will use the $70,000 for the acquisition of lots, construction of new homes on these lots and resale of the new homes. Contractor may earn up to 7% of the sale price of each house sold to be paid at closing. 2.2.3 Contractor shall pay all expenses incurred under this agreement, and shall be reimbursed for specific acquisition and construction costs and developer's fees pertaining to property identified for the purpose of this Program. 3 DUTIES AND RESPONSIBILITIES OF CONTRACTOR 3.1 Statement of Work, Budget and Time Line for Goals and Expenditures 3.1.1 Contractor will acquire vacant lots in Polytechnic, Near Northside, or Riverside target areas, build new homes on these lots, and sell these homes to qualified very low to moderate income homebuyers as defined in Paragraph 1.3.1 above. Contractor will insure that a homebuyer completes a homeownership training program prior to closing. Contractor will also help the homebuyer obtain assistance under the City's Homebuyer's Assistance Program or other available programs to make housing affordable to the homebuyer. Funds will be utilized only to provide affordable housing to persons residing within the City of Fort Worth, Texas. 3.2 Budizet 3.2.1 Contractor agrees that the HOME funds will be expended in accordance with "Development Budget"- Exhibit B,p. 5. Any change exceeding plus or minus 10% of the total cost per housing unit ($53,150) shown in this Budget shall be made only with the prior written approval of the City. Under no circumstances shall the total amount of program funds expended by Contractor from funds paid by the City exceed Seventy Thousand Dollar($70,000). 3.3 Time Line for Goals and Expenditures 3.3.1 Contractor will work in accordance with the "Start and Completion Dates" - Exhibit B, p.4, last column and ensure that program goals and expenditures correspond with the completion of the Program. 3.4 Reversion of Assets Page 6 3.4.1 Contractor agrees to return to the City any HOME funds remaining on hand at the end of the contract. Interest and other returns on investment attributable to HOME funds up to 7 percent of each new home sold may be retained by the Contractor as a developer fee for the continuation of the Program. Repayments, interest and other returns on investment in excess of the 7 percent developer fee and attributable to HOME funds may be retained by the Contractor and must be used by the Contractor to establish a revolving loan fund to acquire additional lots and build more homes to sell to very low to moderate income homebuyers. If repayments, interest or other returns on investment in excess of the 7 percent developer fee and attributable to HOME funds are received after the term of this contract, they shall be returned to the City to be deposited in the City's HOME account established for the Contractor's revolving loan fund. 3.5 Affirmative Marketing 3.5.1 Contractor must adopt affirmative marketing procedures and requirements for all HOME housing. The procedures and requirements must include methods for informing the public, owners and potential homebuyers about fair housing laws and policies so as to ensure that all individuals, without regard for race, creed, nationality or religion, are given an equal opportunity to participate in the Program. The Contractor will be solely responsible for the effective marketing responsibilities necessary to achieve the Contractors' production goals set forth in Paragraph 1.1.1 above. 3.6 Recapture Provisions 3.6.1 Contractor understands that there are specific property recapture requirements on HOME- funded properties, including the requirement that the homebuyer must use the property as its principal residence. This requirement must be incorporated in the property deed restriction or covenant running with the land. In addition, the loan documents (Deed of Trust Note) should also incorporate this requirement. The recapture provisions will remain in effect on property purchased with HOME funds for the affordability periods described in Paragraph 1.2.2 above. 3.7 Records and Reports 3.7.1 Contractor will keep or cause to be kept an accurate record of all actions taken and all funds expended, with source documents, in the pursuit of the objectives of the performance of this contract. Such records shall be kept for the period of affordability mandated by the Regulations. 3.7.2 Contractor will obtain and keep on file the following information on each client served by the Program: 3.7.2.1 annual income and size of the household of which the client is a Page 7 member; 3.7.2.2 ethnic group of the client, using one of the following five categories: White, not Hispanic; Black,not Hispanic; Hispanic;Asian or Pacific Islander; American Indian or Alaskan Native; 3.7.2.3 whether the head of the client's household is male or female; is a single male or female householder with or without children; 3.7.2.4 additional statistical information as may be required by the City Housing Department or HUD regulations and any amendments thereto. 3.7.3 Contractor will keep on file the following information an documentation on each individual project: 3.7.3.1 proof that the project meets the applicable property and other standards; 3.7.3.2 the per unit amount of HOME and non-HOME dollars invested; 3.7.3.3 the compliance with the affirmative marketing requirements and existence of acceptable procedures; 3.7.3.4 compliance with relocation requirements; 3.7.3.5 minority and female owned business data, and affirmative fair housing actions; 3.7.3.6 compliance with lead based paint and Davis-Bacon requirements; and 3.7.3.7 compliance with conflict of interest rules. 3.7.4 By the 15th of each month during which this program is supported by the HOME funds provided under this contract (to be construed as including the use of any asset obtained through the expenditure of HOME funds), Contractor will supply the City with a report detailing: 3.7.4.1 progress toward goal achievement; and 3.7.4.2 expenditure detail. 3.7.5 Reports shall be submitted in the format specified by City. Page 8 3.8 Cost Principles 3.8.1 Contractor shall comply with the requirements and standards of OMB Circular A-122, "Cost Principles for Non-Profit Organizations" and with the following Attachments to OMB Circular No. A-110 and any changes to either Circular; (it is understood that all items below may not be applicable to the Contractor's operations): 3.8.1.1 Attachment A, "Cash Depositories",except for Paragraph 4 concerning deposit insurance; 3.8.1.2 Attachment B, "Bonding and Insurance"; 3.8.1.3 Attachment C, "Retention and Custodial Requirements for Records"; 3.8.1.4 Attachment F, "Standards for Financial Management Systems"; 3.8.1.5 Attachment H, "Monitoring and Reporting Program Performance", paragraph 2; 3.8.1.6 Attachment N, "Property Management Standards", except for paragraph 3 concerning the standards; 3.8.1.7 Attachment O, "Procurement Standards"; and 3.8.1.8 Attachment P, "Audit Requirements". 3.8.2 For all HOME funded contracts,regardless of the amount of HOME funding, Contractor must submit to City an annual audit prepared in accordance with 24 CFR part 44 generally, with specific reference to OMB Circular A-133, A-110: Attachments B; attachment F; attachment H,paragraph 2; and attachment O. The audit may cover either Contractor's fiscal year during which this contract is in force or cover the period of the contract. This audit must be prepared by an independent certified public accountant, be completed within twelve (12) months following the end of the period being audited and be submitted to the City within(30)days of its completion. 3.8.3 City reserves the right to perform an audit of Contractor's program operations and finances at any time during the term of this contract, if City determines that such audit is necessary for City's compliance with OMB Circular A-128, and Contractor agrees to allow access to all pertinent materials as described in section headed records and reports above. If such audit reveals a questioned practice or expenditure, such questions must be resolved within (15) days after notice to Contractor of such questioned practice or expenditure. If questions are not resolved within this period, Page 9 City reserves the right to withhold further funding under this and/or future contract(s). 3.8.4 If as a result of any audit it is determined that Contractor has misused, misapplied or misappropriated all or any part of the grant funds described herein, Contractor agrees to reimburse the City the amount of such monies so misused, misapplied or misappropriated, plus the amount of any sanctions, penalty or other charge levied against City because of such misuse, misapplication or misappropriation. 3.9 Monitor Effectiveness of Services and Work 3.9.1 The City will review the activities and performance of each contractor and subrecipient not less than annually as required in Section 92.504 (e) of the HOME regulations. 3.9.2 Contractor agrees to fully cooperate with City in monitoring the effectiveness of the services and work to be performed by Contractor's compliance with the terms of this contract. The City shall have access at all reasonable hours to offices and records (dealing with the use of the funds that are the basis of this contract) of Contractor, its officers, directors, agents, employees, and subcontractors for the purpose of such monitoring. 3.9.3 Contractor agrees to likewise monitor the effectiveness of the services and work to be performed by its subcontractors. 3.10 Compliance with All Applicable Laws and Regulations 3.10.1 Federal 3.10.1.1 Contractor agrees to comply with the following laws and the regulations issued thereunder as they are currently written or are hereafter amended during performance of this contract: 3.10.1.1.1 Title VI of Civil Rights Act of 1964(42 USC 2000d et seq) 3.10.1.1.2 Title VIII of Civil Rights Act of 1968 (42 USC 3601 et seq) 3.10.1.1.3 Executive Orders 11063, 11246, as amended by 1 1375 and as supplemented by Department of Labor regulations (41 CFR, Part 60) 3.10.1.1.4 Section 504 of the Rehabilitation Act of 1973 (29 USC 794) 3.10.1.1.5 The Age Discrimination Act of 1975 (42 USC 6101 et seq) 3.10.1.1.6 National Environmental Policy Act of 1969 (NEPA)and the related authorities listed HUD's implementing regulations (24 CFR Part 58). 3.10.1.1.7 Immigration Reform and Control Act of 1986 (Pub. L. 99-603, Page 10 100 Stat .3359, as amended) specifically including the provisions requiring employer verifications of legal worker status of its employees 3.10.1.1.8 Housing and Community Development Act of 1987 (Pub. L. 100-242, 101 Stat. 1815, as amended) 3.10.1.1.9 The Americans with Disabilities Act of 1990 (42 USC 12101 et seq) 3.10.1.1.10 National Affordable Housing Act of 1990 3.10.1.1.11 The Drug Free Workplace Act of 1988 (24 CFR part 23, subpart F) 3.10.1.2 Contractor, in the operation of its program, will also comply with Office of Management and Budget Circular A-122 and attachments and revisions thereto, regarding principles for determining costs for HOME-funded programs. 3.10.2 Section 3 of the Housing and Urban Development Act of 1968, as amended, 12 USC 1701 3.10.2.1 As the work performed under this contract is on a project assisted under a program providing direct federal financial assistance from the Department of Housing and Urban Development and is subject to the requirements of Section of the Housing and Urban Development Act of 1968, as amended, 12 USC 1701, Contractor covenants to abide by the requirements of the said Section 3. It requires as follows: 3.10.2.1.1 That,to the greatest extent feasible, opportunities for training and employment be given to lower income residents of the project area, and 3.10.2.1.2 That, to the greatest extent feasible, contracts for work in connection with the project be awarded to business concerns which are located in or owned in substantial part by persons residing in the area of the proj ect. 3.10.2.2 Contractor will comply with the provisions of said Section 3 and the regulations issued pursuant thereto by the Secretary of Housing and Urban Development, set forth in 24 CFR 135, and all applicable rules and orders of the Department issued thereunder prior to the execution of this contract. Contractor certifies and agrees that it is under no contractual or other disability which would prevent it from complying with these requirements. 3.10.2.3 Contractor agrees that it will send to each labor organization or representative of workers with which it has a collective bargaining agreement or other contract or understanding, if any, a notice advising the said labor organization or workers representatives of its commitments under this Section 3 clause and shall post copies of the notice in conspicuous places available to Page 11 employees and applicants for employment or training. 3.10.2.4 Contractor agrees that it will include the said Section 3 clause in every subcontract for work in connection with the project and will, at the direction of City,take appropriate action pursuant to the subcontract upon a finding that the subcontractor is in violation of regulations issued by the Secretary of Housing and Urban Development, CF135. Contractor agrees that it will not subcontract with any subcontractor where it has notice or knowledge that the latter has been found in violation of regulations under 24 CFR 135 and will not let any subcontract unless the subcontractor has first provided Contractor with a preliminary statement of ability to comply with the requirements of these regulations. 3.10.2.5 City and Contractor understand and agree that compliance with the provisions of Section 3,the regulations set forth in 24 CFR 135, and all applicable rules and orders of the Department issued thereunder prior to the execution of this contract shall be condition of the Federal financial assistance provided to the project, binding upon City and Contractor, and their respective successors, assignees and subcontractors. Failure to fulfill these requirements shall subject Contractor and its subcontractors, its successors and assignees,to those sanctions specified by the Grant Agreement through which federal assistance is provided and to such sanctions as are specified by 24 CFR 3.10.3 Clean Air Act; Clean Water Act; Environmental Protection Agency (EPA)Acts and Regulations 3.10.3.1 This contract is subject to the requirements of Section 306 of the Clean Air Act, as amended(42 USC 1857(h)et seq.), Section 508 of the Clean Water Act (33 USC 1368), Water Pollution Control Act, as amended(33 USC 1251 et seq.) and the regulations of the EPA with respect thereto at 40 CFR, Part 15, as amended from time to time, and Executive Order 11738 (42 USC 7606 nt.). In compliance with said regulations, Contractor agrees and,with respect to a nonexempt transaction, shall require each subcontractor to agree to the following requirements: 3.10.3.1.1 A stipulation that no facility to be utilized in the performance of nonexempt contract or subcontract work is included on the List of Violating Facilities issued by the (EPA)pursuant to 40 CFR 15.20; 3.10.3.1.2 Compliance with all the requirements of Section 114 of the Clean Air Act, as amended(42 USC 1857c-8), and Section 308 of the Federal Water Pollution Control Act, as amended(33 USC 1318), relating to inspection, monitoring, entry, reports and information, as well as all other requirements specified in said Page 12 Section 114 and Section 308 and all regulations and guidelines issued hereunder; 3.10.3.1.3 A stipulation that, as a condition for the award of the contract, prompt notice will be given of any notification received from the Director, Office of Federal Activities, EPA, indicating that a facility utilized or to be utilized for the contract is under consideration to be listed on the EPA List of Violating Facilities; 3.10.3.1.4 Agreement by Contractor that it will include or cause to be included the criteria and requirements of this section in every nonexempt subcontract, requiring that Contractor will take such action as City may direct as a means of enforcing such provisions. 3.10.3.2 In no event, shall any amount of the assistance provided under this contract be utilized with respect to a facility which has given rise to a conviction under the Clean Air Act or the Clean Water Act. 3.10.4 Other Laws 3.10.4.1 Contractor covenants and agrees that its officers,members, agents, employees, program participants and subcontractors shall abide by and comply with all other laws, (federal, state and local)relevant to the performance of this contract, including all ordinances,rules and regulations of the City of Fort Worth and the Regulations. Contractor further promises and agrees that it has read, and is familiar with,terms and conditions of the Regulations under which funds are granted and that it will fully comply with same. It is agreed and understood that, if City calls the attention of Contractor to any such violations on the part of Contractor or any of its officers, members, agents, employees,program participants or subcontractors,then Contractor shall immediately desist from and correct such violation. 3.11 Prohibition Against Discrimination 3.11.1 Contractor, in the execution,performance or attempted performance of this contract and agreement, will not discriminate against any person because of sex, race, religion,color or national origin, nor will Contractor permit its officers, members, agents, employees, subcontractors or program participants to engage in such discrimination. 3.11.2 During the performance of this contract Contractor agrees, and will require all its subcontractors to agree, as follows: 3.11.2.1 Contractor will not unlawfully discriminate against any employee or applicant for employment because of race, color, religion, sex or national origin. Page 13 Contractor will take affirmative action to ensure that applicants are employed and that employees are treated fairly during employment without regard to their race, color, religion, sex or national origin. Such action shall include, but not be limited to, the following: employment,upgrading, demotion or transfer, recruitment or recruitment advertising, layoff or termination, rates of pay or other forms of compensation, and selection for training, including apprenticeship. Contractor agrees to post in conspicuous places, available to employees and applicants for employment, notices setting forth the provisions of this nondiscrimination clause. 3.11.2.2 Contractor will, in all solicitations or advertisements for employees placed by or on behalf of Contractor, state that all qualified applicants will receive consideration for employment without regard to race, color, religion, sex or national origin. 3.11.3 In accordance with the policy of the Executive Branch of the federal government, Contractor covenants that neither it nor any of its officers, members, agents,employees, program participants or subcontractors, while engaged in performing this contract, shall, in connection with the employment, advancement or discharge of employees or in connection with the terms, conditions or privileges of their mployment, discriminate against persons because of their age or because of any handicap, except on the basis of a bona fide occupational qualification, retirement plan or statutory requirement. 3.11.4 Contractor further covenants that neither it nor its officers,members, agents, employees, subcontractors, program participants, or persons acting on their behalf, shall specify, in solicitations or advertisements for employees to work on this contract, a maximum age limit for such employment unless the specified maximum age limit is based upon a bona fide occupational qualification, retirement plan or statutory requirement. 3.11.5 In accordance with the provisions of the Americans With Disabilities Act of 1990 ("ADA"), Contractor warrants that it and any of its subcontractors will not unlawfully discriminate on the basis of disability in the provision of services to the general public,nor in the availability,terms and/or conditions of employment for applicants for employment with, or employees of Contractor or any of its subcontractors. Contractor warrants it will fully comply with ADA's provisions and any other applicable federal, state and local laws concerning disability and will defend, indemnify and hold City harmless against any claims or allegations asserted by third parties or subcontractors against City arising out of Contractor's and/or its subcontractors' alleged failure to comply with the above-referenced laws concerning disability discrimination in the performance of this agreement. 3.11.6 This agreement is made and entered into with reference specifically to the Page 14 ordinances codified at Chapter 17,Article III, Division 3 ("Discrimination in Employment Practices"), of the City Code of the City of Fort Worth, and Contractor hereby covenants and agrees that Contractor, its officers, members, agents, employees and subcontractors, have fully complied with all provisions of same and that no employee, applicant or program participant has been discriminated against by the terms of such ordinances by either the Contractor or its officers, members, agents, employees or subcontractors. 3.12 Prohibition Against Interest 3.12.1 No member, officer or employee of City or its designees or agents; no member of the governing body of the locality in which the Program is situated; and no other public official of such locality or localities, who exercises any functions or responsibilities with respect to the program funded hereunder during his tenure or for one year thereafter, shall have any interest, direct or indirect, in any contract or subcontract,or the proceeds thereof, for work to be performed hereunder. Contractor shall incorporate, or cause to be incorporated, like language prohibiting such interest in all contracts and subcontracts hereunder. 3.12.2 No officer, employee, member or program participant of Contractor or its subcontractors shall have a financial interest, direct or indirect, in this contract or the monies transferred hereunder or be financially interested, directly or indirectly, in the sale to Contractor of any land, materials, supplies or services purchased with any funds transferred hereunder, except on behalf of Contractor, as an officer, employee, member or program participant. Any willful violation of this paragraph with the knowledge, expressed or implied, of Contractor or its subcontractors shall render this contract voidable by the City of Fort Worth. 3.12.3 No officer, employee, agent, consultant, elected official or appointed official of the participating jurisdiction, Contractor or its subcontractors who exercised any functions or responsibilities with respect to activities assisted with HOME funds or who are in a position to participate in a decision making process or gain inside information with regard to these activities, may obtain a financial interest or benefit from a HOME assisted activity, or have an interest in any contract, subcontract, or agreement with respect thereto, or the proceeds thereunder,either for themselves or those with whom they have family or business ties, during their tenure or for one year thereafter. 3.13 Assig_ ent 3.13.1 Contractor shall not assign all or any part of its rights, privileges, or duties under this contract without the prior written approval of City. Any attempted assignment of same without approval shall be void, and shall constitute a breach of this contract. It is agreed that the City has the right to inspect and approve in writing any proposed Page 15 subcontracts between Contractor and any subcontractor engaged in any activity in conjunction with this HOME funded project prior to any charges being incurred. 3.14 Indemnity 3.14.1 Contractor covenants and agrees to indemnify, hold harmless and defend, at its own expense, City and its officers, agents, servants and employees from and against any and all claims or suits for property loss or damage and/or personal injury, including death, to any and all persons, of whatsoever kind or character, whether real or asserted, arising out of or in connection with the execution, performance, attempted performance or nonperformance of this contract and agreement and/or the operations, activities and services of the Program described herein, whether or not caused, in whole or in part, by alleged negligence of officers, agents, servants, employees, contractors or subcontractors of City; and Contractor hereby assumes all liability and responsibility of City and its officers, agents, servants, and employees for any and all claims or suits for property loss or damage and/or personal injury, including death, to any and all persons, of whatsoever kind or character, whether real or asserted, arising out of or in connection with the execution, performance, attempted performance or nonperformance of this contract and agreement and/or the operations, activities and services of the programs described herein, whether or not caused in whole or in part, by alleged negligence of officers, agents, servants, employees, contractors or subcontractors of City. Contractor likewise covenants and agrees to and does hereby indemnify and hold harmless City from and against any and all injury, damage or destruction of property of City, arising out of or in connection with all acts or omissions of Contractor, its officers, members, agents, employees, subcontractors, invitees, licensees, or program participants, or caused, in whole or in part, by alleged negligence of officers, agents, servants, employees, contractors or subcontractors of City. 3.14.2 Contractor will maintain a blanket fidelity coverage in the form of insurance or bond in the amount of$10,000, to insure against loss from the fraud, theft or dishonesty of any of Contractor's officers, agents, trustees, directors or employees. The proceeds of such bond shall be used to reimburse City for any and all loss of HOME monies occasioned by such misconduct. To effectuate such reimbursement, such bond shall include a rider stating that reimbursement for any loss or losses thereunder shall be made directly to City for the uses and benefit of Contractor. 3.15 Waiver of Immunity 3.15.1 If Contractor, as a charitable or nonprofit organization, has or claims an immunity or exemption (statutory or otherwise) from and against liability for damages or injury, including death, to persons or property, Contractor hereby expressly waives its rights to plead defensively such immunity or exemption as against City. This section shall not be construed to affect a governmental entity's immunities under constitutional, Page 16 statutory or common law. 3.16 Public Liability Insurance 3.16.1 Contractor shall furnish a certificate of insurance as proof that it has secured and paid for policies of public liability and automobile liability insurance covering all risks incident to or in connection with the execution, performance, attempted performance or nonperformance of this contract and agreement. 3.16.2 The amounts of such insurance shall not be less than the maximum liability which can be imposed on City under the laws of the State of Texas. At present, such amounts shall be as follows: 3.16.2.1 Property damage, per occurrence $100,000 3.16.2.2 Bodily injury or death, per person $250,000 3.16.2.3 Bodily injury or death, per occurrence $500,000 3.16.3 Such insurance amounts shall be revised upward at City's option and that Contractor shall revise such amounts within thirty (30) days following notice to Contractor of such requirements. 3.16.4 Contractor also covenants and agrees to furnish the City with a certificate of insurance as proof that it has obtained and paid for a policy of Workers' Compensation Insurance in the amounts required by State law, covering any an all employees of Contractor active in the Program funded under this contract; and Contractor agrees to require its subcontractors to carry adequate Workers' Compensation Insurance in the amounts required by State law. 3.16.5 Contractor will submit to City documentation that it has obtained insurance coverage and has executed bonds as required in this contract within thirty (30) days of the execution of this contract and prior to payment of any monies hereunder. 3.17 Program Income Qualifications for Families 3.17.1 Contractor agrees to abide by HUD income guidelines, which are specific to the type of project that is undertaken by the Contractor. 3.18 Certification Regarding Living 3.18.1 The undersigned representative of Contractor hereby certifies, to the best of his or her knowledge and belief,that: Page 17 3.18.1.1 No federal appropriated funds have been paid or will be paid, by or on behalf of Contractor, to any person for influencing or attempting to influence an officer or employee of any agency, a member of Congress, an officer or employee of Congress in connection with the awarding of any federal contract, the making of any federal grant, the making of any federal loan, the entering into of any cooperative agreement and the extension, continuation, renewal, amendment, or modification of any federal contract, grant, loan or cooperative agreement. 3.18.1.2 If any funds other than federally appropriated funds have been paid or will be paid to any person for influencing or attempting to influence an officer or employee of any agency, member of Congress in connection with this federal contract, grant, loan or cooperative agreement, Contractor shall complete and submit Standard Form-LLL, "Disclosure Form to Report Lobbying," in accordance with its instructions. 3.18.1.3 The Contractor shall require that the language of this certification be included in all subcontracts or agreements involving the expenditure of federal funds. IN WITNESS WHEREOF, the parties hereto have exec ed our -opies of this contract in Fort Worth, Tarrant County, Texas,this day of , A.D. 19 ATTEST: CITY OF FORT WORTH By City Secretary Li o A ssistant City Manager APPROVED AS TO FORM AND LEGALITY: C=7zm ation Asst. City Atto rney Date Page 18 NEIGHBORHOOD HOUSING SERVICES OF FORT WORTH, INC. By: ace, Board President STATE OF TEXAS 8 8 COUNTY OF TARRANT 8 BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on this day personally appeared Libby Watson, known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that the same was the act of the City of Fort Worth and that she executed the same as the act of said City of Fort Worth for the purposes and consideration therein expressed and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE this day of �• e�- , A.D. 19_q?. ��►""'Ott, ROSELLA BARNES *����j NOTARY State of Texas IL*- Comm. Exp.03-31-2001 Notary Public in and for the State of Texas STATE OF TEXAS 8 8 COUNTY OF TARRANT 8 BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on this day personally appeared Larry Wallace, known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that the same was the act of Neighborhood Housing Services, Inc. and that he executed the same as the act of said Neighborhood Housing Services, Inc. for the purposes and consideration therein expressed and in the capacity therein stated as its duly authorized officer or representative. // GIVEN UNDER MY HAND AND SEAL OF OFFICE this I b'T74 day of �'YOY�--' MBER , A.D. 19q7. SUSAN D.MU HERON "--l—ioNy Public in and for the State of Texas MY COMMISSION EXPIRES "� {t December 21,1999 Page 19 P. 02 Exhibit A. Neighborhood Housing Services of Fort Worth In-Fill Single-Family Housing Program Program Description (New) 10/17/97 A, OVERVIEW OF THE PROGRAM This proposal is for a housing development project which constructs new affordable homes for low to moderate income families resulting in revitalized neighborhoods within the three NHS targeted neighborhoods, Near Northside, Polytechnic Heights, and Riverside. NHS will provide staff for this initiative and utilize a.blending of various private and government financial resources including, but'not limited to Community Development Block Grant (CDBG), HOME, and Self- Help Housing Opportunity Program (SHOP) capital to maximize program effectiveness. The SHOP finds are HUD funds passed through Neighborhood Reinvestment Corporation to NHS of Fort Worth. These funds will be used by NHS for land acquisition, infrastructure, and site preparation costs. The proposal is for the City of Fort Worth to provide up to $70,000 for a non-interest bearing revolving find. This fund will be used to acquire property, capitalize site-preparation costs, and capitalize construction costs. Site preparation may include demolition if needed. Primary sources for mortgage financing to purchasers will come from private lenders, None of this capital would be used to finance mortgage loans for purchasers. The capital will be revolved as the newly constructed homes are sold to low to moderate income buyers. The target population for home sales will be families earning up to 80% of the area median income. House prices will average about $53,000. The homebuyers will be required to pay a minimum downpayment of 2 percent of the sales price($1,060 estimated) To insure affordability, the homebuyers will not pay more than 30% of their income for principal, interest, taxes, and insurance(PITI). To achieve this ratio, soft second financing for closing cost and downpayment assistance up to $13,150 is being sought from the model blocks programs in Polytechnic Heights and in Near Northside, and f3rom the current City Dream Home program. Also, to achieve this ratio, the interest rates on first mortgage financing have been negotiated down to 5.5 and 63S percent with participating lenders. The following are the advantages of the proposed approach: 1. As a non-profit organization NHS can purchase tax-foreclosed property at a minimal cost from the City of Dort Worth($S00 plus court fees) ; 2. Properties from private sources may be purchased using funds from federal sources already allocated to NHS, such as CDBG and SHOP, already budgeted for this purpose, and from donations or contributions to NHS by private companies, lenders, and individuals; AHDP2.DOC 10/30/97 P. 03 ,Z NHS of Port Worth Affordable Housing Development Program Page 2 3. NHS has established a rapport with the target neighborhoods and will therefore make it easier to work with residents of these areas in designing and marketing the homes; 4. NHS has substantial experience qualifying low to moderate income families for homeownership and is familiar with the needs and limitations of this target population; S. NHS can utilize its 19+years experience as a housing developer involved in property acquisitions, marketing, rehabilitation, mortgage financing and sale of mortgage notes on the secondary market; and 6. NHS marketing and administrative staff are in place and have substantial years of experience in both the public and private sector as developers, real estate brokers, property managers, loan processors, and construction specialists. B. PROGRAM GOALS 1. Provide new affordable housing for low and moderate income residents. 2. Revitalize inner city neighborhoods. 3. Generate additional revenue for NHS. C. OBJECTIVES 1. Build 2 homes during the first 18 months of the project. 2, Improve the image of NHS targeted neighborhoods. D. TARGET NEIGHBORHOODS NHS will acquire suitable properties for the program using the line of credit, and/or other available funding. Properties acquired under the program will be located in: 1. Near Northside(See attachment A); 2. Polytechnic Heights(See attachment A);or 3. Riverside(See attachment A). When acquiring properties, priority will be given to those which have been foreclosed by the City of Ft. Worth. Privately-owned properties are also eligible for acquisition under this program. Potential homebuyers may also identify properties for acquisition in the eligible areas. Properties acquired which have dilapidated housing units not economically feasible to rehabilitate, will be demolished using capital from the revolving line of credit. AHDP2.DOC 10/30/97 P. 94 NHS of port Worth Affordable Housing Development Program Page 3 E. DESIGN AND CONSTRUCTION OF NEW HOMES NHS will select several floor plans showing multiple exterior elevations. NHS staff will consult with area residents so that each home and lot will be matched with an appropriate design, considering elevation and type of housing in the area. All designs will be compatible with the neighborhood's character. NHS will bid out the construction of each design to private contractors. The building contractor will be encouraged to use local skills and minorities in construction. The contractor will be allowed to request up to three draw-downs on each project. the first draw after completion of slab, rough-in plumbing, water and sewer tap connections; the second draw after the house is framed in the dry (complete roof, windows, doors, and siding frames) and rough-in wiring/mechanical; and the third draw upon completion. Ten percent of the construction costs will be retained until 30 days after final inspection. Request for draw-downs will be supported by paid receipts and inspections by NHS Construction Specialists. Construction will be monitored to insure compliance with HUD HQS, Model Energy Code, and appropriate City codes and ordinances. F. OUTREACH AND INTAKE OF HOMEBUYERS NHS will conduct outreach to recruit low to moderate income potential homebuyers for these new homes. Eligible homebuyers' incomes would be at or below 80% of our area median income adjusted for family size. Project self-sufficiency, and section 8 voucher participants, and other residents of public housing will be targeted for affirmative marketing initiatives. The estimated average sales price of a new home is $53,000. NHS will screen and qualify potential homebuyers. All successful applicants will be required to complete NHS approved Homeownership Training prior to closing. G. PERMANENT FINANCING Clients will be referred to lenders for financing. Lenders will originate loans for houses up to the value of the properties as determined by an independent appraisal. The homebuyer will be required to pay a minimum downpayment of 2% of the sales price ($1,060 estimated). First mortgages will be offered by the local lenders partnering with NHS to provide 5.5% and 6,76% financing. No permanent financing to borrowers will be provided from this line of credit. AHDP2.DOC 10/30/97 P. 05 NHS of Fort Worth Affordable Housing Development Progrann Page 4 Should the client be eligible for secondary funding assistance, the second mortgage will be supplied through other sources. To insure affordability, the total of principal, interest, taxes and insurance (PITI) that the homebuyers pay on the home will not exceed 30% of their adjusted family income. This is the threshold used by HUD in determining affordability. Up to a $13,150 second mortgage can be used to reduce the PITI to 30% of the homebuyers income. If the $13,150 is not sufficient to cover this difference, the applicants will be considered only if they can pay the deficiency from their own resources, This amount will be added to the $1,060 minimum. downpayment_ Eligible clients will be referred to the City's Homeownership Assistance Program. H. INCREASED REVENUE FOR NHS One of the uses of the line of credit will be to fiend maximum 180-day notes at an interest rate 1% above par rate (currently the rate is 7,5%) for builders who require construction financing. The NHS applicable rate will be adjusted monthly. Tlus is considered reasonable as private leaders normally charge par interest plus two(2)points on the loan amount. NHS program income for reuse will come from three sources: 1. Interest income while notes are held by builders; 2. 7%developer fee charged by NHS; and 3. Any earnings front the sale of these homes which exceeds the acquisition, and construction hard and soft costs. In no case shall the sales price exceed the appraised value of the property as determined by an independent appraiser. AHDP2.noC 10/30/97 APPLICATION FOR AF>FORDABLIC ROUSING DEVELOPMENT FUND (AIIDF) APPLICANT(SPONSOR) INFORMATION: Name of Organization: AW9 Contact Pccson 6Wj-)y(3v/y AJ hJUrz Yfl.- _Title ew corn of - Address >-31s �I« Telephone No. ? 4;,p,tZ y 9 vS y Faxt! 81:2 GG 2 y a S O Cheek type of organization: Non-Profit Organization Public Housing Agency For-Profit Other government agency,specify. PROJECT PARXtMa INEQRMA'I'ION_ If the project is a joint'venttue with a.non-profit or for-profit organization.please give the following information on the partner: r Name Contact Person Address t Tclgtho"N6. FAX No. Chock type of orgsnization .., .. k Noe-Profit 4egt►tiizataon Public Housing Agetwy.,r, - 1;. •°;. , FotFf'rofu Odw$ovamera qpncy.specify HOI.&QE APPL.rc`wrJ•r A ZAKM , 't&x c aff appl{cable ie*Wsibilidasi i 'r y t D A IG eveloper Owner r' Investor Builder Fropelty Manage Other,specify' TYPE MQ AMS21llYCDY ASSISTANCE RMUESTED I. Total Aan<ouat lioquested:S `'0/DOt� Na Of Housing Units- 2.. Subsidized ban-If regtiesting a subsidized loan,please complete the followkw Total Amount Requested$ 70 j 000 Total Projod Costs Term (2 E y O I J N 6 4..t of C I Le'a s Rate Requested O o• Subsidy per housing unit S 3. Direct Subsidy- If noquesting a direct subsidy to homebuyers.pleura complete the following: Total Subsidy Requested$ Total Projoct Cost S Maximum subsidy per housing unit$ 4. Other,please specify and describe briefly use of AHDF funds tequestod.total amount requested,and subsidy perhousingunit Ce(vcfro,J o! A n)aw--io7EIttSr o_tiolx#"6 CJ•vt o4 CMLGolt yr) v))f -to fr1,►n,rr I Ht= '0<40i Sr1'�`�►L�iC�IVfrAtK'(jbnt2Y•Y': );"L AAJ r0f;1' $r•r[,1C (1A'•••iI�-jwfi c r .y^ Amount Requested S-?0.,ceo ToW ProjectCost S_ /06'­30o 5. Funding Source Prefert:nce:Please check the funding source that you DQ M wish to be considemd for funding: CDBG HOME RENTAL REHABILCfAT[ON PROGRAM FROM READINLM Attach evidence of site control:(e.g Title to property.option to buy,long-terns lease) V JA) 44�(Irasiot., Pou�7CfAiAJif ��aw�r, A—o f-IY ete,ot. . z 1'11O.IrCl t,OCATION� I. NameoCProjeu J1/E! 1 NF� -�- Nov iti►G ,�/^�. or �'ii.t -' -� a'� ti 2. Address(attach neap showing location) s E 3. L.cgal Description 4. Census TracUDlock No. S. Cluck if located in any of the following(Maps showing the general location of these areas are in the Appendix to the AHDF Guidelines and Procedures): Model Blocks,Specify 69OLy v,Jow7Htro a In611 Designated Building Area x X Targeted Area Plan CDBG-eligible Area x x Downtown Medical District Within two miles of employment center,specify employmeOt c«ttu F�l rARQMNGi Fill out the form below. The Area Median Family Income(AMFI)is is Table I of the AHDF Guidelines and Procedures. tioas) iletividar Tenl�fof Yoa"sttiQtdsx"�� AU-titit� .• p�ia6oi�u'3 •w is ,ei•S�0'J�to•�; �tiidiaile G, r -> •..;i;` fir. r,� :� ' ;;3,,.': `. ,'�•,r< .tofi`�- •4 :; ide P4*-WA*RmWly CSF)0,,(— ttiab-SF•Rcntat st mt;=w�la�,�nln(MF)t ' New caastnAcdoo-SF-OW9& Hey,•c n-st=_PAaw. Ncw C *udjou-MF-RenW. l.ea�e-Pucduu Horaebuyera'Asdstapm(HA)- Ck*i%CQA Assistanoo NA-Downpayrnad Assistance HA-Sett Second Mortgage HA-Principal Reduction HA-Interest Buy-Down "A-Outer,vociry Otkr,spccity 3 P. 02 P JF TATION: Please fff gy ft followin form: TASK RESOURCE PROJECTED STAtt•T(S)A. Stai[Non•Prolit Organization,For Profit firm, COMPLETION(C)DATES Consultant,cic. State the name of org.if known Prcde�-elopntcnt lvGw - /a g Acquisition Oy"P lE7eA Fo S STia FF G/iSl9lt �cc► Ano►7.^-A- wS 1 Construction 9 7 17/98 Construction '" Construction Management Project Monitoring Sr.� ,� ' t�'or•,s�r Oro 60 tNG I Ar InteciiriFuiancing r r,. 0 V �a: •i ' � '-��� . ..,_ Nom±'.. _. .-�',�=f 9�• , .# Gp.i"iIJ'rr Permanent FinancingNl1S'� ��LO>~tI�` S ►t-6� '. 9$ W4x4Lt� SfN I tj C)& �g • .. ON fa011t7fi1 Marketing t ' , . .. ., • o>� Gv+tic Client Intake 8.Prequalitication �GaN6 Tenant/HomebuyerCounseling Property Management S�� Othex,specify 4 v v v 0 . r C . r W . x 44 X44 . 0 00 z00 a 0� D w as ,n ca a. z 7 ►- ►- NUF- F- N » ,a 0 » 00 X00 F- 00 F0 (9 DD; Z7 :) k 00 000 ti W F- h' n- 1-6 F- � a r WwZ ' IL Coco NN z � 00 00 Q) __ u. $ » � 77 x IZ z 0 z z w 0 00 00 0 a U U U U FF lit Ll r . r i C 7 . r gs . N x B s Ll z a cg a s c3 at '� 8 P. 03 r . 1)EVEWPMENI Ti Fill out the following form_ 774 1$ VA00i'N eCytl t0 P~ coW&A CY USE OF FUNDS SOURCE OF FUNDS G-It d'LuT l0Ij ITEMS TOTAL COST AIMP OTIIER SOVRCIS• AMOUNT-S PRtm Vl.1,OPAIENT 1- la:�,t:�tst�ey 2. Silt Cd,trol 3.Archi(ccluna Femibility I.Qthef. . Total Predcrelopment Coat DEVELOPMENT - p / S.LmW Acquisition Sed HtLP 6.Building Acquisition 7_Site PI eparslity, Opel Sfml N6 P }�+nrs t>vC 4 040 Term Acaotalttlon Cost pa 5 6 Op a.>MateYials_ ` 3 000 S 6 0 00 000 lam. TOW ab Coot k 7 000.. 13.orAR tVCt7oal Management Fee_ 1 oL - i i - P �kM106 / 000 16.Coesrruatiee ban b#crost ty.�a�• 5 0.0 Ste. 1-t�,p • 500 ia.�r«t . t�L �'- lws1w, -100 19.Red estate fees 20_UMIY lto*-Gp fom S 8� 21.Tick&Recording fees ers (' ) 1 1� l� Q t� ;�; ► 22- Develop fcc r" 51400 t� Tots,Soft costs 00 vD 5�00 TOTAL DEVELOPMENT COST p 300 9 Soo % 0 O COST PER NOi1SMG UNIT 53 ISO q 5d 0c) Reserve Aetoant 5 P. 04 STATUS QF !HER E NDINQ SOURCE-&: Fill out the following form. Check appropriate box FUNDING SOURCE AMOUNT PROPOSAL APPLICATION APPROVED STAGE SUBMITTED Bank loan,name o(Banc Low-lntomc Ifousinr Tax Credit(LIItTC) Preservation Tzx Credit Equity(Non-LIHTC) Texid Rowing Agency Foandstioa,name o('Foundatim t,^,orrrtnetrity Development Blo¢k Orant NOME..., ._..,.. .' __- ..... .•_.. _ �.. ::..•. a ywagencrSlrtteaGntrr '.. .. •- –•--- - ..... ... a ;•' - i ISLaLf f 1�t.P NHS 1 V-1 H�jMEBUYRR�S NCW Fill out ala'fiullorraaig Yyi., y417y � ♦ .._G•11 t,•����IyNap�.• x.s. a• .�A. •T,:' Sri <c> > .. ..�< Ali;�. F�x<7iu6 ' t Clotitg coo Intuest Eery'-Dorm S IIdMGIN[YEf�IIIIa Oilier_ LQNG"TERM RETENTIQN- Please check the box for the legally enforceable mechanism to be used and indicate the term of the retention during the period of affordability. Mffku1Sm apt MMhanism lam 'Deed Restrictions* A L949 LIHTC••'. Land Covenants HOME { f� �•I,if f Recorded Liens" Other•'••. P�pp� R`` ` Actual Deed Restrictions placed on the property by the seller. OTAt. S `• Second Liens•with Deeds of Trust,are valid only if they aft. rded and address AHDF. Int •`• Retention language must reflect AHDF targeting. k ••••Please provide the name and description of Other retention mechanisms below: tp S try s t o 6 a v o-a s , A �Lcoa_ja wIrN d M 6 "iS• C_=4Mt11UNiu INYOLVFMt:NT_ Describe the extent to which the project involves not-for-profit and communin-organizations,the community interests represented by these groups,and the extent to which they are JI—caj in nature.Include those organizations contacted but not yet committed to participation_Specify contributions and services provided by participating groups.Attach letters of eoninihi tent or support_ �1� ttt COMMUNITY STABILITY: Describe how thb project preserves community stability by minimizing the displacement of households.If the project involves any displaeuncnt,please provide a summary of the plans to deal with the relocation or resettlement of displaood households. How will the cost of relocation or resettlement be funded? Ifthere is no displacement,please state"no displacement" on the space below. l A VAILARIUDL AKaPR XIMMyOE S VIC S: identify the public services and facilities, such as schools,parks.public umspmution,shopping,medical facilities,fire and police stations,community centers, eta, that are accessible to the project site or serve the area. 4111ENlllrlk Decribe(lie amenities in the project site,such as open space,landscaping,common areas,etc. !NNOYATION- Describe how the project involves a particularly new or unusual approach,either financial or non-financial,that holds promise for successfully meeting the needs of the targeted households. ! i. _ 1 � 'S .. . 1 l'i�: ':r.f�:i,�ti� :s . ♦ :lilt�± ,r. '�,;,.... J .:J`l:• ,1 ..i- r ic:' ..4..�J''ii:d.i�..11 1;...I: .. �, '#43 ... � :r'' .��1f'.. tl�^tJi'7—. Cat''• �{ �+� .ti ;' .J1�' ."Sk.1 � � � Q$ ►� Describe the natum and agent of LOCAL residents and businesses in dyes financing,development,or,ttatiagemextt of the project �ADVANTA .a'n��i;>INGS4 ; P r participption in die financing, development,or management by minority t men•-owned businesses. 7/7TiQCi'i5yt , Y s P. 05 AFFORDARILITY WORKSHIMT: This worksheel.mustbe completed for all owner-occupied projects, including rehab. Its purpose is to show A14Df"Passing through"for tiro direct belief-it' the hontcowner and to show the approximate percentage of incomc that will be apocated to their housing costs. Plcasc complete one column for each income group targeted;show below the column number the income or special needs category. If houses within the same income target will be sold for differing amounts,please provide additional columns for each price range. The information within each column should be an example of one of the houses in that group- ITEMS-. -E AMPLE• COLUMN r COLUMN 2 COLUMN J COLUMN 4 No.OfHouses to I r 7 3 I.saki Price $50,000 s 150 03 SO 2.sown payment(A♦ipFltsislanoe)M 60 t, Oets $2,500 /..3,/S O 3.Mongafo Amour $47,500 yp�oot7 YD�Do0 S31 /ICJ 15� 4.Term 30 yis. '- 3 0 YOA �o YRS 3o y ru �5 S.Rafe . 0.00'/e '-S: 5 6�Prtrrcipal dt lneaest Payme rt(P1-—Mbly) 5349 7.F6osataed Taxes Ik I+waanoe(TI-m0alhly) $162 9-' � 9S - T• ,9.5 q5. E Ted P"Went(rm-tnoartdy)—.._ _ _...._ $51I 9.F.hstFntaeeaFloel�8iae• '._... __ . _.�.. .. _.�.,.�3 _�,.. �,. _�._ y._ ._. .� _ 10.bteetiie ofTsegebd ttlouschold - _.�.._._, •, ���.; ^ 5,•, _, � 'i ' 11_Mesitiit titeoaie (Twt )�.. .:tlz,7oo -, t�WouscholdSire e t s sp".ytp �Q.qd6 ` 5O qM S pft, 3.1b1a1 homMg peytirertt*s x ortargeaod '- °--��49� q hotjre4otd Income x - d-f0!b _�"'0'Lb 30(� ��Z (ShVdd imt lit left dtatf 25%i►ornim Om 30W _•_ f-_. �- _ Ir darn_�tarsi oee�aott sonata tssistanoe) `7lteastoattt GW miry be modYtd tttty ho iis_ v, may trot exceed 14 amotatt drat QUM rho attotart pa for housing costs to k s thsa 25%ear tbat 30%and In■o cm to excood SII 999 for ho■dng emits is aw"NO&or infill tacact areas or 56,999 orttsidc thee¢areas. , RENTALr PBQ,ii�4',[ WURKS ET: Following the example provided,complete the form below. The art a. median family inootn6(AMFQ1 in the City of Fott Worth is in Table 1 of the AHOF Guidelines and Procedures. BPAROOM K or Vita Peroo■s %MR -AMM Adjssted Proposed R"t Proposed Rest at% TYPE Per Unit Target for Fatally SW* of Tarbcted Income Single Room Ooeupency(SRO) Etfidmcy 1-6odroom 2-[Sodroem 3-(Wroom 4-Bedroom C�1-tJwM1S l� :L� 3 lZ��'�tSCt /L�TG-t GhFf►rC�» OW / ) WS: "A" 1vo4uCfl. y 9 �l t�l4Ct S r1+'M lC-C-T /Zpt� • 1'110)1 CTF-U�N�Q�jc& x l' �S"1 ATFh1 ENT: Fill out this fo+rtt If the proposed pfujcct is a rcntal or transitional housing. t (� Indica(c Fiscal year ITEMS YF-AK l YIEAR 2 YEAR 3 YEAR 4 VCAR 5 to<oroc: Rental Income Less:Vacancy(____%) - Nct RcMal income +Other ineontc '4 «ratat lacowe LAW Optrarlag Expcasca .. _.....�. .. IC E., -.. ... .._.. ...... 1 v • teasing Qc a6mMtsuation .. '. ... . ���( _y .E, .._. .- ....,..�... ;,_. .- - -- ,--t . p�rtY tt►uta;d►tent . . - � -- �='.. ... 1...,... ��^ �-`•,. .1..+. _.. ..�. .. � 1 r { - Maitauwtoe office Ri _ .. .._. ._...._..•t -• � ,J: .., •`•. (: _ •.,�_._.= wi:•.•. •• .. I�' ' •. .. perty tans c:o..t s�'•^i X. r Lem,Total Opwadag Expoas" Net Operadag I.cowc Replaoww►t Reserves 1. If net operating income is negative,indicate funding source to make up for the deficit. 1 - 2. If operating a trasitional housing,describe supportive services to bo provided.who will provido these services, and the funding sources for these services. 104 APPLICAN'T'S T, RACK REC_QRD ANJ) PRQ.1E!C T10NS IN PROVIDING HO 1 INC.: PRODUCTION TOTAL* REIIAII REHAII- NE\\'CONSIl2 NLWCONSTA. QTItt:R.SPECIFI' N1S1'ON\'(Fll'IZIRE OF UNI"IS SINGLE MULTI- SINGLE r1Ut T1- c-vC.+^'P s t PLANS FAMILY FAMILY FAMILY FAMILY Z 1 IJ —tic N Units co-plcicd 6/1/93- V31/96 Units under COnswGjW CORUAGI 9wrOdad0n Commitawrits outstanding t'laantd Uui1t Other than the AItUF I"ropossl: 6/1/97-Sri 1199 TOW 3 Years p g� � p 91 CERZFK.`ATfONS AM SIGNATURE; Applim,(Voasor)and partner testify that the tafonmr i"in the application is comoc t and that the assistance received (W this pt4ject will mot tacceed the 11""I'M allowable pursuant to federal and local regulations and that rho resistance provided shall only be for uses audwdz ed wader the AHDF guidelines. Applicant also agrocs to submlt such reports Id otter""Odors as the City may require: Any dranges ar modifications regarding the terms and conditions of the spoeafW project(s)in this application must be provided to the City in wridog,and approved by the City in'writing uing prior to Implementation. Applicant•nod partner Certify that any proexeds of the direct subsidy and/or subsidized advance wh i:h will not be,or cease to bq used for the Q"`V-56 approved by the City of port Worth will be recaptured and the unused or improperly used subsidy will be returned to the City of Fort Worth. Avol"at J§Mnsorl artn Name of Person Authorized to Sign the Application: -40, Title: �C-4-rn!' Oixtcrt ,, Signature: Date: •Attach the minutes of the board mooting or letter authorizing submission of this application and the persons authorized to sign the application.. 11 \\\ Lil- c yr ,r_ ;.,� r• , ; _•o ,,,\ '\ � ,�:_. _ _'=;,�c �.., I�i � ,� '� � / .gip . Ok�RiHR'0'" ru- •�Mi __1�i� 1,3 O nG / �J ', j � — G � o �O \',\ I1\CSC• ^ .\� � J/ F n2n�AN Y �•r ;,c 7� �' r� aconaoo� n\� zp �l ov t.c Oy° 0�1 y R G\ ' > c I M••S,mui LA hI +. !^ oa-o_ � � EARL. • ., , ,HACK�f r Cal 5 m f0 t , 0 �� yu �i s IE• v 0 t�l rn v t�' rw o J X11 I Lf a i •r YA X �^ O��i v�9 I ":I1:f 1V 0 AO lPl x0 ti\��� ��i )<•-'n / 113 x, v _ r Ul �. �r �7 "Lt� •/ �`•_ r .J _ ,�..1 �, , Jam. � j'l ' �I•.^.�lll��S��I ' �. ✓`i � moo, O� ���. o y `yIJ�I 1, 1C11 Alf s Cno ,MjSUS BLOCKGKOUPS Location Nort� thside 1005027 1004003 1004004 100800'2 1008001 1004005 _. 1004001 ` . 1004002 ' 1003005 kr: . 1003006 = }r 1002025 1004006 1009001 T,\3 1009003 .� ._. 1908004 . - 408005 ' •, ,•.�� 11H$ Fort WortL,and can be used for tW$in-f"' es"C currently Owned by '1'bc following Prof ;-- � consauction project: .F ' moo ddl • 10 16 M.O.Ellis Addition 24 Avenue •r 77A.1 C'71N ter\ ,"aETI,\ or i rnr���-�_ _ ^`r^'---�•-•�.1 1 �`.�1• �0�_' -� � \ i'�nJ1-�(l r(d�'-i . �W �f.• ���/ � '�-1 ._ .-.1 fir. _ •- \rl`'_ /. \ , ._._.mot ..�. ,,I CI -� /'•I r; In G� \yam. \ici+ \ ' '�._�. .�.'. :;s•`,. �_ '.:.----•-�;,� �I'1 r� i'_-�_� �I :C(K'A I:0$t� u21 juL — PA:rC'yA l- �I^�Niw,rrV�°•IT/) ��j�^'7 w I �.-' uA,�� r�.>; ; _1 O _1 - of `. t' lU��• UIN I •Y`- � � I '�"-��f � 1 �� � =` '�I ��o '/(u..UV�,pI 1 t IOLIAS.7Uj 7j I -' ' Coareel ai I I '° �r�, cl vi.<"i• .�_"� .`-'.....,�i.-``„' - AV( 1 i I ! uy r t I I _ y f1; _CI ( t� N v 'C 1 I ��J J..-._.,� --._.�J I ^N P A^_t f r SlR 1 ,.........c o A'`'Df��I y «c�;er: ~l,]� ~�I "u �f c;l.yi 4r ^Ri,IG(ir.':1•� UI IL ti;V AV� AVr C •) ` ti •< KI . UJ K x I I l �'/. -I [ i I i N 11� `` �jJ�' �(J� r C —1 AVE !- � m AVEI1H. I-�tl' I 1 I II "� AVf 1 I A AV L r JI I t�UC tu E 1 RT c; `e -� y �$ y t���'}��� A1'C J `c� I " _ AVE �> :z `� AVE I va; V 1 o AYC L l W -- RICd;M v0 COU� I ; ' U,vE •' AVF N' N.1LLEr o e to cr ec l m �/ ' 'n 1 •o r•, ' Qfh1..�-• .�I. = is o Perk I AR NCT^.y c` " Mh e o RAhEY _=10Av! C 14AN rr CFR.-. HANC.R +.J.a r; OURCY ---,N l l i l E /C' w o LOA 1 N '0 �IHARy1Y L'�e E J)HN 4- 1 '' l l f r LE J01 N b ^C "LL OURlH1lL S ?ITTLc JOH,. o Ck 0 _s5 AIM 1nE ` '� f�CFE .Nr.v QII CRERSH 1! L w �o•i7 - -�-+•: x t12 tV F ITA kiC-Hl •' r,; �f I TZHUCN K OERTH = f{1 T2MUCI iF STR Tc I zI 5TRONC I ,t!' w I�G• 4... .�_ CR'�ES � �CRRfS PL ,./ 0UR70 ` w OVATO► Cobb P�r k �? �pN W OURTON 001 TON I ii z y—� �'O •c u u tj L-18.1 _;�i.•v^"���� :•---.� ��� r F RFRH � ��ois Q� loi.: o ticl ;+scN T� !L.. S til ti Al OSON t,:! l i tG Al` \zE ! \ c=: NI of c JV I \ 1 l�xl Rr'ap �!1 RSON I q `o` `c•� ;c,an:c �-: r ' °: �i �� u1.AV { ! Ar: REEO \i dl CI 71 J r o \ .1 ` 1 �-'• i IL`( ,~� u�•:• con,;.:..1'c� ::A•,c'i_ cp yr c!l "Y��� EAS, ti,r; !.L,UA AS 1A10 C� Par4 v j� ! •� 7 LEr, j t o loco _cac _ qA v`.ri:_111Eu Crr, CAna !~C.\`._ I °��� NI �i �I •IC S ��,AC A�,F c1,'�i;'I'trCLEN \ _•-` r...,���� i - 1� ;�1 <• JAVA 0n.L01R I r ��S '`;ems -^ _•rte - t^ cif t =�f _ _ •fit�_ <� J OI ,. - Coe- . ... ,o -. � __ ; ,\ u.. 2 u •�lx u C �(C1'S• ,L fGLy�:R� :j 7AI R.:A° W �• i=.�•••- �'�i�C_�[icva--In-VGti/vYyfiY�ti.:I�O.::att:aitl'wTS-T""^"T•�:CFr-—`.Jf�vc�-w.-.._. - . JO�YSl./r.s6Y]K••�'IN- Sv,v�i�OMfYK CENSUS BLOCKGROUPS POLY 1035004 1035006 1035007 1035003 1035002 1037012 1037113 1037014 1037011 1037023 1037022 .1035001 .. 1046012 . ._ ' ;3 The following properties are currently owned by NHS bf Fort worth and can be uaod for this iu fill cons"Won project: Arm ig AM dMIM 2504 W811e0e Stroh H 8 Sunshine Hill Addition 2508 ww1goe sued C 8 Sunshite HiU Addition 2312 Wallaoo Street D 8 Swkshine Hill Addition Oenair Av d b a a th N �QG AL a L y P !� 'b d W C7 U Covelo Av enland St Blue Grove St N ° h Alvord St m _ . ol°nlil at Z .... .w swayne St .._ _... ---y-•--- -—•- 1S cUTAal9 Pigorside UL monism W o � a aPl T141 lio $ y N N E N G C F S (1 9 uj �Ay�alPue4o 3 g tL �c Ratta at x O IN ett2 at S Aetta Av lo... U. — • d ° W (y N J klns at 3 Judklgs St CL I rn isurtine at } w i\ Emma St--- Baurline St ndin St A n Paradist.St — — ^�- in m W C VJ ca Av h J C J C U cn - LU w X W z Ur S9ylvanla AV (7 'N Sylvan Av S S IvartNAV 5 LyPVanla A��_ N Roper St au v < a (�J � i $ 0 �(Q a S— c a sd IL W r Z i• •10j 'g LU > o x O a O a, < m f I 1 ISAPe4S Z c v F C o S a f ��? N 5 Service Rd E 2 n - _ c SA+ M Sir US Hwy Bt US liri/26' 5 `JG h� /A Y � Gllvin S: CENSUS BLOCKGROUPS RIV�,ER SIDE 101202 1017001 es 8re CUM110Y owned by NHS of Fort Worth,and can be used for this in-fiH ThC f0I10'Wing �pgtny�pp pi�QJCGt: I .. �: • _^ice None,as Wt.have been aoq s x�- Y Community Involvement: NHS of Fort Worth is a locally controlled non-profit organization which is working with the existing neighborhood and resident groups in our targeted neighborhoods, Near Northside, Polytechnic Heights, and Riverside, in the development of community revitalization strategies for implementation in each neighborhood. NHS either is assisting, or has assisted the neighborhoods in the development of a neighborhood assessment to determine the needs of the neighborhood, and in the development of strategies and programs designed to strengthen each particular neighborhood. Community Stability: The proposed project is designed to build single-family homes in the NHS targeted neighborhoods where the supply of decent,affordable housing is shown to be limited and decreasing. This activity will serve to preserve and increase community stability because the homes will be sold to eligible prospective owner/occupants rather than being rented out. This increase in homeowners and the homeownership rate tends to stabilize!and strengthen neighborhoods. An additional strengthening and stabilizing factor is the resulting increase in surrounding property valuation due to the infusion of newly constructed homes in the neighborhood. As these homes are proposed to be built on vacant lots, no displacement of current residents will occur. Availability and proximity of services: The public services and facilities that serve the proposed project areas are as follows: Northside Polytechnic Heights Riverside Fort Worth Library-North Boys and Girls Clubs Fire Station#1 Branch Fort Worth Library-Southeast Fort Worth Library-Riverside Fort Worth T Bus Route Branch Branch Boys and Girls Clubs Fort Worth T Bus Route Fort Worth T Bus Route Hispanic Chamber of Fort Worth Metropolitan Black Riverside Multi-Purpose Center Commerce Chamber of Commerce Fort Worth NRD Near Northside Partners Center Liberation Community Program NICA Polytechnic Community Clinic John Peter Smith Health Care Northside Multi-Purpose Center Well Child CheckUps and Clinic Ser Job Bank Immunizations Senior Citizens' Center TCJC-GED Prep WIC WIC Weed and Seed Special Services for Riverside Recreation Center Working Connection Teenagers Youth Programs Denver Avenue Elementary Polytechnic United Center Police Storefront Manual Jarra Elementary SEARCH Riverside Middle School Sam Rosen Elementary Sycamore Recreation Center Williams Elementary JP Elder Middle Tarrant County Dept.of Carter Riverside High School Northside High Human Services Metro Opportunity School Weed and Seed Job Bank Crime Prevention YMCA YWCA D McRae Elementary School SS Dillow Elementary School TA Sims Elementary School William James Middle School Polytechnic High School Texas Wesleyan University City of Fort Worth. Texas Mayor and Council Communication DATE REFERENCE NUMBER I,OG NAME PAGE 07/15/97 i C- 16181 05HOME 1 of 5 sosMscT I AFFORDABLE HOUSING DEVELOPMENT FUND ALLOCATIONS RECOMMENDATION: It is recommended that the City Council: 1. Approve the use of $266,200.00 in HOME funds from the .Affordable Housing Development Fund (AHDF), and $55,300.00in HOME match funds from the AHDF and; approve the.transfer of the following funds for the AHDF; and Home 1995 $266,200.00 Home 1996 55,360.00 2. Authorize the City Manager to execute contracts, not to exceed a combined total of $321,500.00 in HOME funds and HOME match funds with the following housing sponsors; and a. $100,000.00 deferred payback loan to the Salvation Army for construction of an elevator to provide accessibility for persons with disabilities at its transitional housing facility; Ii. $70,000.00 to Neighborhood Housing Services, Inc. for. construction of single family infill housing; C. $151,500.00 deferred payback loan to Volunteers of America for rehabilitation of transitional housing. 3. Approve the use of $150,000.00in Community Development Block Grant (CDBG) funds from the Affordable Housing Development Fund; and 4. Authorize the City Manager to execute a contract for deferred payback loan not to exceed $150,000.00 with the Presbyterian Night Shelter for construction of a Safe Haven for mentally ill homeless; and 5. Approve the use of $261,000.00 in Rental Rehab funds from the Affordable Housing Development Fund; and 6. Authorize the City Manager to execute a contract for a loan not to exceed $261,000.00 with XA Limited Partnership for multi-family rehabilitation; and 7. Authorize the contract performance period on all five contracts to begin on the date signed and end May 30, 1999. City of Fort Worth, Texas Mayor and Council Communication DATE REFERENCE NUMBER LOG NAIL PAGE 07/15/97 C- 16181 05HOME 2 of 5 SUBJECT AFFORDABLE HOUSING DEVELOPMENT FUND ALLOCATIONS DISCUSSION: On November 19, 1996, (M&C G-11680) the City Council allocated $1,143,668.00 in total funding to establish the Affordable Housing Development F_und. This total funding is comprised of $222,368.17in combined Year XVI, XIX, XX and XXI Community Development Block Grant (CDBG) funds, $500,000.00 in federal HOME Investment Partnership Act funds, $316,000.00 in Rental Rehabilitation funds, and $105,300.00 in HOME match funds. The Affordable Housing Development Fund is intended to leverage city funds by generating greater participation from nonprofit and/or for-profit organizations in preserving and developing affordable housing opportunities. A Request for Proposals was issued on December 9, 1996. A proposers' conference was held on January 11, 1997 at 3:00 p.m. Thirteen proposals were received by the due date of February 28, 1997. One proposal was received on March 25, 1997. Staff provided.technical assistance and held discussions with the applicants on their proposals. A total funding amount of $2,968,789.00 was requested by the fourteen proposers, $2,197,789.00 for rehabilitation, and $771,000.00 for new construction. Staff is recommending funding totaling $732,500.00 for five organizations. The-remaining balance. of 5411,168.00 will be carried over and made available in a future Request For Proposals. A brief description of projects recommended for funding follows. A more detailed description of sponsors and their projects is included in Attachment A. AGENCY SCOPE OF WORK AMOUNT FUNDING TYPE Presbyterian Night New construction $150,000.00 CDBG Shelter of Safe Haven for mentally ill homeless (20 units) Neighborhood Housing Infill Housing $ 70,000.00 HOME Services construction line of credit Salvation Army Construction of elevator $100,000.00 HOME to remove architectural barrier for persons with disabilities (49 units) City of Fort Worth, Texas Mayor and Council Communication D=33 RSF$RBNCB OME 3 of 5 NIIMSSR LOG NAME PAGE 07/15/97 C- 16181 05H SUBJECT I AFFORDABLE HOUSING DEVELOPMENT FUND (AHDF) ALLOCATIONS Volunteers of America Rehabilitation of rental $151,500.00 HOME/HOME housing units for chemically ($96,200 HOME) Match dependent low income 055,300 HOME Match) persons XA Limited Partnership Rehabilitation of the 149 $261,000.00 Rental Rehab Unit Ridglea VillageProgram Apartments TOTAL $732,500.00 Sponsors requesting funds but not recommended are as follows: NAME AMOUNT REQUESTED REASON FOR NOT FUNDING Fort Worth Housing $348,000.00 Proposed property Authority acquired by another organization. J & B Trust $ 7,500.00 Project contains severe and flood structural hazards. One Day at a Time $175,000.00 Organization needs to develop its internal control and management infrastructure. Project contains built in code violations and proposes no leverage. Cross Roads Living $750,000.00 Project too large for current management's capacity. The organization needs to build stronger internal control and project management infrastructure. 0 Nnied on Ncyded PeW City of Fort Worth, Teacos Mayor and Council Communication DATE REFERENCE NIIMBER LOG Nam PAG$ 07/15/97 C- 16181 65- HOME 4 of 5 SUWECT I AFFORDABLE HOUSING DEVELOPMENT FUND (AHDF) ALLOCATIONS Walker Johnson $ 27,530.00 Proposed rent structure not attainable in project's market. More appropriate rent levels suggest the project would. Shilo Economic not be financially feasible. Development Corp. $ 50,000.00 Poor leveraging of City funds. Habitat for Citizens $ 75,000.00 Organization needs to demonstrate further progress with City Funds already received. House of Prayer $ 75,000.00 Organization needs to develop internal control and management infrastructure. No leveraging for City funds. Armadillo Flats $200,000.00 Application was submitted after the official deadline. Application currently being considered for funding from other City funds. This recommendation was forwarded to the City Council by the Safety and Community Development Committee on July 8, 1997. Pdnod on Rogded P&W City of Fort Worth, Texas Mayor and Council Communication DATE IREFERENCE NUMBER LOG RAMS PAGE 07/1.5/97 C- 16181 05HOME 5 of 5 SUBJECT I AFFORDABLE HOUSING DEVELOPMENT FUND (AHDF) ALLOCATIONS FISCAL INFORMATION/CERTIFICATION: The Director of Fiscal Services certifies that upon approval of recommendations, funds will be available in the current operating budget, as appropriated, of the Grant Funds. LW:f Steed for City Manader'a FUND ACCOUNT CENTER AMOUNT CITY SECRETARY Office by: (to) (1)GR76 53910 005206104062 $100,000.00 LWby Watson 6183 (1)GR76 53910 005206104063 70,000.00 Orlginaft Department Head: (1)GR76 53910 005206107043 55,300.00 (���� COUNCIL (1)GR76 539120 005206104064 1 96,200.00(3)GR76 53910 005206101700 100.000.00 v ����� Jerome Walker 7537 (from) JUL 1.5 199 7 (1)GR76 53910 00506104520 $266.00.00 (I)GR76 53910 00520610710 55.300.00 cE (2)GR76 539120 00506104063 170.000.00 city at F��' (2)GR76 53910 005206107043 55.300.00 (2)GR76 53910 005206104064 96.200.00 (3)GR76 53910 005206101300 100,000.00 For Additional Information (4)("iR76 53910 00506101700 100,000.00 Cuotad: (4)GR76 539120 00506088230 50,000.00 Jerome Walker 7537 1 (6)GR92 VARIOUS 005206078000 261,000.00 PAntad on P gdod Pow