Government Contract | California
Affordable Housing Monitoring Program Assistance

Bid Information


Bid Alert No: 00002888826

Bid Title: Affordable Housing Monitoring Program Assistance

Agency Bid No. Title: Not Stated

Received Date: 01/24/2022

Close Date: 02/18/2022

Purchase Type: Not Stated

Delivery Point: Citrus Heights, California

Delivery Date: Not Stated

Special Notices: Bidder Preregistration

Specifications

Specifications include, but are not limited to: Task 1: Affordable Housing Monitoring DevelopmentReview and create program guidelines structure and operations for both for-sale units andrental units consistent with State laws including Surplus Lands Act, Density Bonus, etc.;Create systems for ongoing monitoring and administration of regulatory agreements; andCreate flowcharts and protocols for the monitoring of title transfers, loanpayoff/subordination, default remedies, and other process associated with the ownershipand rental programs.Task 2: Monitoring FrameworkCreate program agreement templates that align with industry best practices;Create program eligibility guidelines;Create underwriting guidelines, applications, and approval/denial letters; andCreate database of housing loans for the monitoring of the loan agreement, insurance,residency requirements, etc.Task 3: City Council PresentationAssist City Staff with the presentation of Task 1 and Task 2 to the City Council forreview and approval of the guidelines and proposed operations. It is expected that thiswould take two separate meetings- one study session and one public hearing.

Bid Related Documents

Download Document

Product Code: 91863

Agency Information


Issuing Agency: City of Citrus Heights

State: California

Agency Type: State and Local

Contact: Alison Bermudez General Services Department, 6360 Fountain Square Drive, Citrus Heights, California, 95621

Email: abermudez@cirusheights.net

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