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RES 2007-0452 - Grant funds to rehabilitation rental properties 1 ' NNA, of°`� NFe� R E C E I V F D Planning Department r� 7 Omaha/Douglas Civic Center C.�J 65^ �1'7DC� _ � 1819 Parnam Street,Suite 1100 U 1 i R Omaha,Nebraska 68183 .eA 0.'^ k (4 02)444-5150 4 t'� (402)444-6140�rFD FeB0 u urA, Et : ' R�`x Steven N.Jensen,AICP City of Omaha April 17, 2007 Director Mike Fahey,Mayor Honorable President and Members of the City Council, The attached Resolution authorizes the Mayor of the City of Omaha to apply for and accept $300,000 in Nebraska Affordable Housing Trust (NAHT) funds to be used in conjunction with private funds. The City will use NAHT funds in partnership with rental property owners to rehabilitate single family (one to four units) rental properties. The City currently administers affordable housing programs owner-occupied rehabilitation programs and rental rehabilitation programs. Nebraska Affordable Housing Trust funds for homebuyer and owner-occupied rehabilitation programs are primarily targeted to neighborhoods in the North Omaha Neighborhood Revitalization Strategy Area. A Rental Rehabilitation Program targeted for the same NRSA neighborhoods will address the major remaining housing needs. The use of the NAHT fund Award is estimated to help rehabilitate 18 single family rental properties. All of the rental properties will be rehabilitated as part of the City's Consolidated Plan previously approved by the City Council. The rental units will be rented to low-and moderate income households whose annual household incomes are at or below 100% of the Median Income by Family Size as established annually by the U.S. Department of Housing and Urban Development. Total estimated cost for this Rental Rehabilitation Program is $558,000 comprised of$300,000 in NAHT funds and $258,000 in private and other funds. Respectfully submitted, Refe ed to ity Council for Consideration: Steven N. J ns , AICP eth5 7r- Date •ayor's Office Date Planning Director Approved as to Fundin : z z-a7 Carol A. Ebdon /n, Date Finance Director P:\PLN4\15326pjm.doc ed at the unit rates listed in Exhibit A. Based on the indicated work scope, the total cost for this study is estimated at $20,250 to $22,450. This estimate is based on 160 to 180 feet of rock coring, 15 to 17 packer tests, an allowance of $1,000 for laboratory testing, and an allowance of$2,000 for professional hours. This work is schedule to begin on Monday, March 19, 2007. Approximately 2 weeks may be required to complete the final geologic logs and field/laboratory test reports. The schedule is somewhat dependent on weather, site access conditions, and other factors including the actual subsurface conditions identified in the test borings. If this proposed schedule does not meet your project requirements, we would be happy to discuss alternate schedules. T h i e I e G e o t e c h Inc of the city and to effectuate these provisions (of this division); and in the case of contracts receiving federal assistance, the contractor or the city may request the United States to enter into such litigation to protect the interests of the United States. 6) The contractor shall file and shall cause his subcontractors, if any to file compliance reports with the contractor in the same form and to the same extent as required by the federal government for federal contracts under federal rules and regulations. Such compliance reports shall be filed with the contract compliance officer. Compliance reports filed at such times as directed shall contain information as to the employment practices,policies,programs and statistics of the contractor and his subcontractors. 7) The contractor shall include the provisions of paragraphs (1) through (7) of this section, "Equal Employment Opportunity Clause," and section 10-193 in every subcontract of purchase order so that such provisions will be binding upon each subcontractor or vendor. PBE/DBE Doc 12/5/02 blished a Enterprises is essential to the achievement of the PBE/DBE goal of 0% of the dollar amount of City of Omaha's PBE/DBE goals. Therefore, to the bid (Bid Total) for this contract (if said be considered for award, Bidders must comply contract is anticipated to be over $200,000). with the requirements of these PBE/DBE Bidders shall make every good faith effort to specifications. By submitting his/her bid, each meet said goal. Bidder gives assurance that the contractor will meet the City of Omaha's percentage goals set ' , r .,,-. '.•, . ' ..... t , .-) . I'1 t ', . ''' ''''..y.L 43, . ..'- .,..' ' .., • i 1 1• :,.,.' . l'....i .., '..--' ,.,.:i• ,,, . . . ./. .., , 1. - ;'.?.- .,:.' • . %..._, La..."" 1 I r ,'•Iri, ^ 'OP ''' ' i . ..Lt ." ..---' . I silo el, .._ i E ' I 1 the fund end in chronological order of the final plat approval. Note(5)Soft costs for acquisition include finance,legal,and necessary survey costs. Note(6)Soft costs for improvements Include Finance,Legal,Design end Project Administration. 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GENERAL INFORMATION TYPE OR PRINT ALL INFORMATION tl APPLICANT DENTIFCCATION :--I _,PERSON PREPARING APPLICATION Applicant City of Omaha Name James R.Thele Contact James R.Thele Address 1819 Farnam Street,Suite 1111 Address 1819 Farnam Street,Suite 1111 City/State/Zip Omaha,NE 68183 City/State/Zip Omaha,NE 68183 Telephone# 402-444-5206 Telephone# 402-444-5206 Fax# 402-444-6140 Fax Number 402-444-6140 Email Address jthele tr ci.omaha.ne.us Federal Tax ID# 47-6006304 Application Preparer(check one) X Local Staff 0 Out-of-State Consultant Email Address jthele(n)ci.omaha.ne.us 0 In-State Consultant ❑Non-Profit Organization ❑Economic Development District❑Other, [3. H.OUSEHOLDS (complete one options . j 14.NAHTF Region Indicator(check all that apply ] # at or below 50%of the Area Median Family Income 0 Panhandle—Region 1 (Western Investment Zone) #18 at or below 80%of the Area Median Family Income # at or below 100%of the Area Median Family Income 0 North Central—Region 2(Central Investment Zone) ❑ South_ NI ❑ SouthwestCentral—Region—Region 3(Western (Central InvestmentInvestment ZoneZon) e) , -.�NOUSING ACTTIES ------- — - ---- O Owner-occupied Rehabilitation Program* ❑ Northeast—Region 5(Northeast Investment Zone) ❑ Southeast—Region 6(Southeast Investment Zone) ❑ Non-Profit Operating Assistance* O Homebuyer Program* X Omaha—Region 7(Northeast Investment Zone) ❑ Distressed Rental Property Assistance* ❑ Lincoln—Region 8(Southeast Investment Zone) X FIT**Rental Rehabilitation NAHTF eligible activity(explain)Rehabilitation [6_. TYPE OF APPLICANT _- ' ! u.SERV CCE AREA_ _„_„_ ' 7 _ i X Unit of Local Government Local Housing Authority Area to be served(city,county). Please list: Non-Profit 501 c 3 Non-Profit 501(c)(4) City of Omaha Other,specify 8.ONE-PAGE PROJECT SUMMARY . . .. _ . . - ' _ Legislative _ _ .. _ _ _'. . . ' . .. _ is District_11 . Please attach a one-page project summary Congressional District Second describing the project. [9. CERTIFYING OFFICIAL:: . ' . , To the best of my knowledge and belief, data and information in this application is true and correct,including any commitment of local or other resources.The governing body of the applicant has duly authorized this application. This applicant will comply with all.Federal and state requirements governing the use of NAHP funds. Signature in ink: //lAhe Gam_/ Typed Name and Title:Mike Fahey,Mayor Date Signed_(6 /—/ ,..? /7V your project requirements, we would be happy to discuss alternate schedules. T h i e I e G e o t e c h Inc of the city and to effectuate these provisions (of this division); and in the case of contracts receiving federal assistance, the contractor or the city may request the United States to enter into such litigation to protect the interests of the United States. 6) The contractor shall file and shall cause his subcontractors, if any to file compliance reports with the contractor in the same form and to the same extent as required by the federal government for federal contracts under federal rules and regulations. Such compliance reports shall be filed with the contract compliance officer. Compliance reports filed at such times as directed shall contain information as to the employment practices,policies,programs and statistics of the contractor and his subcontractors. 7) The contractor shall include the provisions of paragraphs (1) through (7) of this section, "Equal Employment Opportunity Clause," and section 10-193 in every subcontract of purchase order so that such provisions will be binding upon each subcontractor or vendor. PBE/DBE Doc 12/5/02 blished a Enterprises is essential to the achievement of the PBE/DBE goal of 0% of the dollar amount of City of Omaha's PBE/DBE goals. Therefore, to the bid (Bid Total) for this contract (if said be considered for award, Bidders must comply contract is anticipated to be over $200,000). with the requirements of these PBE/DBE Bidders shall make every good faith effort to specifications. By submitting his/her bid, each meet said goal. Bidder gives assurance that the contractor will meet the City of Omaha's percentage goals set ' , r .,,-. '.•, . ' ..... t , .-) . I'1 t ', . ''' ''''..y.L 43, . ..'- .,..' ' .., • i 1 1• :,.,.' . l'....i .., '..--' ,.,.:i• ,,, . . . ./. .., , 1. - ;'.?.- .,:.' • . %..._, La..."" 1 I r ,'•Iri, ^ 'OP ''' ' i . ..Lt ." ..---' . I silo el, .._ i E ' I 1 the fund end in chronological order of the final plat approval. Note(5)Soft costs for acquisition include finance,legal,and necessary survey costs. Note(6)Soft costs for improvements Include Finance,Legal,Design end Project Administration. PRINTED:2/16/2007 E 0 0 0 0• O O o 0 O 0 0 0 0 0 0 0 0 0 O o 0 0 O 0 0 0 O o o 0 0 (0 y O a)O a)a)a)a)COa)O a)CI)0 CI)0)0 0)O)O)O)a) a)0 0 a) a) N 0 1L- 3 O 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8 N N N N N N N N N N N N N N(N N N N N N N N N N N N :~ N a) y u- 1 NNNNNNNNNNNNN NNNN NNNN NNNNN O)!!)a 2° 8 F m IN (p Q Q Q Q Q Q Q Cr Q Cr Q Q Q Q Q Q Q Q Q sr sr sr sr sr sr sr C C a, m 1-3 ((C N C N 0 0 0 0 0 0 0 0 0 CD CD CD CD CD CD 0 0 0 0 0 0 0 CD 0 0 CD CD 0 0 0 CC €O F g U_ N O a) W O a 0,a) i 1I .(0 t C d n> J O. N O N 11 (n aI O W O . 27 a) >m i, it 9E'o� E U II N W J a) II 17 a) d '0'V W I .II r g N 2 a - 1 0 0 p o 0 o C)C)CO)O 0 0O)0)0)CD 0O) 0O)T 0)0O)0)CD T 0O)0)OO)0O) 0)0 0O)CO)CA 00) o f x c o 0. -O O C 0010000000000000000000000,00 0 U$2 N a)O 11 O N S2 O I N N N N N N N N N N N N N N N N c' N N N N N N N N C4 N U N C0 O 1 0 X g 1 N N N N N N N N N N N N N N N N N N N N N N N N N N C - 7 TO I Q N a A F O N ItQ Q sr sr sr sr Q sr sr Q Q Q Q Q sr Q sr Q Q Q Q Q sr sr Q 0 t0 7 0 > a) tQ.. I-> c0.. C j t0 )- E«O O a) C C O u) .-u)N(O el up sr up (0u)(D u)1-u)a0(0 a)(0 O u),-u)N u)C)u)Q(0 u) O V.'N t0 7 O 0 - N C) Q u) CO r` m O T O `- '-'C)`-99 ^ O C E a T a_ m w (Cp a 1 . U d c.I- a In Q a)U m 7 N Q . Z N (0 N U HOUSING CATEGORY PART II. FUNDING SUMMARY (Round amounts to the nearest hundred dollars.) Activity NAHP Other Total Sources of Other Funds Funds Funds Funds Site Improvements Streets Non-Profit Operating NAHTF Direct Homebuyer Assistance' Acquisition of Vacant Land Demolition Relocation3 Housing Rehabilitation 258,000 258,000 516,000 Private Single Family(SF) Purchase/Rehab/Resale Conversion Reconstruction Single Family(SF)New Construction Homebuyer4 Housing Management 24,000 24,000 Paint Testing/Risk Assessments/ Clearance Testing Distressed Rental Property Assistance Other FIT activities—Please explain Total Non-Administration 282,000 258,000 540,000 Private • General Administration 6 18,000 18,000 TOTAL PROGRAM COSTS 300,000 258,000 558,000 Private Clarification for the above activities should be directed to DED. Note: This table does not calculate the totals. If you are considering Targeted Revitalization please go to http://crd.neded.org/publications/application_guidelines.htm_to review the criteria. I Direct Homebuyer Assistance for previously owned homes and newly constructed homes and includes down-payment assistance,closing costs and gap subsidy(the difference between the appraised value and the sale price of the home). 2 Demolition is a support activity and must be done in conjunction with another activity. 3 Relocation is a support activity and must be done in conjunction with another activity. 4 New construction includes the hard costs for acquiring land,constructing homes and development subsidy(the difference between the cost to develop and build the home and the appraised value of the home) 5 Paint testing,risk assessments,and clearance testing are not subject to the Housing Management maximums,but are limited to$1,000 per unit. 6 General Administration maximum is 6%. If a CHDO is awarded CHDO funds General Administration will be awarded in the form of CHDO Operating. Government Local Housing Authority Area to be served(city,county). Please list: Non-Profit 501 c 3 Non-Profit 501(c)(4) City of Omaha Other,specify 8.ONE-PAGE PROJECT SUMMARY . . .. _ . . - ' _ Legislative _ _ .. _ _ _'. . . ' . .. _ is District_11 . Please attach a one-page project summary Congressional District Second describing the project. [9. CERTIFYING OFFICIAL:: . ' . , To the best of my knowledge and belief, data and information in this application is true and correct,including any commitment of local or other resources.The governing body of the applicant has duly authorized this application. This applicant will comply with all.Federal and state requirements governing the use of NAHP funds. Signature in ink: //lAhe Gam_/ Typed Name and Title:Mike Fahey,Mayor Date Signed_(6 /—/ ,..? /7V your project requirements, we would be happy to discuss alternate schedules. T h i e I e G e o t e c h Inc of the city and to effectuate these provisions (of this division); and in the case of contracts receiving federal assistance, the contractor or the city may request the United States to enter into such litigation to protect the interests of the United States. 6) The contractor shall file and shall cause his subcontractors, if any to file compliance reports with the contractor in the same form and to the same extent as required by the federal government for federal contracts under federal rules and regulations. Such compliance reports shall be filed with the contract compliance officer. Compliance reports filed at such times as directed shall contain information as to the employment practices,policies,programs and statistics of the contractor and his subcontractors. 7) The contractor shall include the provisions of paragraphs (1) through (7) of this section, "Equal Employment Opportunity Clause," and section 10-193 in every subcontract of purchase order so that such provisions will be binding upon each subcontractor or vendor. PBE/DBE Doc 12/5/02 blished a Enterprises is essential to the achievement of the PBE/DBE goal of 0% of the dollar amount of City of Omaha's PBE/DBE goals. Therefore, to the bid (Bid Total) for this contract (if said be considered for award, Bidders must comply contract is anticipated to be over $200,000). with the requirements of these PBE/DBE Bidders shall make every good faith effort to specifications. By submitting his/her bid, each meet said goal. Bidder gives assurance that the contractor will meet the City of Omaha's percentage goals set ' , r .,,-. '.•, . ' ..... t , .-) . I'1 t ', . ''' ''''..y.L 43, . ..'- .,..' ' .., • i 1 1• :,.,.' . l'....i .., '..--' ,.,.:i• ,,, . . . ./. .., , 1. - ;'.?.- .,:.' • . %..._, La..."" 1 I r ,'•Iri, ^ 'OP ''' ' i . ..Lt ." ..---' . I silo el, .._ i E ' I 1 the fund end in chronological order of the final plat approval. Note(5)Soft costs for acquisition include finance,legal,and necessary survey costs. Note(6)Soft costs for improvements Include Finance,Legal,Design end Project Administration. 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N O N 11 (n aI O W O . 27 a) >m i, it 9E'o� E U II N W J a) II 17 a) d '0'V W I .II r g N 2 a - 1 0 0 p o 0 o C)C)CO)O 0 0O)0)0)CD 0O) 0O)T 0)0O)0)CD T 0O)0)OO)0O) 0)0 0O)CO)CA 00) o f x c o 0. -O O C 0010000000000000000000000,00 0 U$2 N a)O 11 O N S2 O I N N N N N N N N N N N N N N N N c' N N N N N N N N C4 N U N C0 O 1 0 X g 1 N N N N N N N N N N N N N N N N N N N N N N N N N N C - 7 TO I Q N a A F O N ItQ Q sr sr sr sr Q sr sr Q Q Q Q Q sr Q sr Q Q Q Q Q sr sr Q 0 t0 7 0 > a) tQ.. I-> c0.. C j t0 )- E«O O a) C C O u) .-u)N(O el up sr up (0u)(D u)1-u)a0(0 a)(0 O u),-u)N u)C)u)Q(0 u) O V.'N t0 7 O 0 - N C) Q u) CO r` m O T O `- '-'C)`-99 ^ O C E a T a_ m w (Cp a 1 . U d c.I- a In Q a)U m 7 N Q . Z N (0 N U 2007 North Omaha NRSA Rental Rehabilitation Program The City of Omaha redevelops neighborhoods principally with homebuyer programs, owner- occupied rehabilitation programs and rental rehabilitation programs. Nebraska Affordable Housing Trust funds for homebuyer and owner-occupied rehabilitation programs are primarily targeted to neighborhoods in the North Omaha Neighborhood Revitalization Strategy Area (NRSA). A Rental Rehabilitation Program targeted to the same NRSA neighborhoods addresses the major remaining housing needs. The North Omaha NRSA Rental Rehabilitation Program (RRP) will rehabilitate 18 housing units, thereby preserving affordable housing, upgrading targeted neighborhoods and supporting other NAHTF programs. All units will be affordable to households with incomes at or below 80% of the area Median Family Income. The overall cost to rehabilitate these housing units is projected at $558,000, including $300,000 in 2007 NAHTF Flexible Investment Targeting funds. Rental property owners will invest a minimum of $258,000 in private funds in their properties. The City of Omaha may also make available HOME Program funds and Lead-based.Paint Hazard Control funds as necessary. The target neighborhoods, within the North Omaha Neighborhood Revitalization Strategy Area, are: 1) Long School— generally located northwest of 25th and Franklin Streets; 2) Orchard Hill — generally located northwest of 36° and Hamilton Streets; 3) Clifton Hills South — generally located southeast of Lake and 45th Streets; 4) 33'd and Spaulding — generally located southwest of 33''d and Spaulding Streets; and 5) OIC — generally located northeast of 24th and Lake Streets. The North Omaha NRSA Rental Rehabilitation Program provides rehabilitation financing assistance to investor owners of single-family (one to four units) rental properties. Investor owners are eligible for assistance if their property is located within, or within one-block of, the targeted NRSA neighborhoods. Eligible property rehabilitation activities are limited to those necessary to correct substandard conditions, to make essential improvements and to repair major systems in danger of failure. Investors must own the property and match the RRP funds with private funds on a one-to-one basis. The minimum rental rehabilitation assistance required from the City is $1,000 per unit, the maximum NAHTF investment will be less that $15,000 per unit and the maximum per unit assistance from all City sources does not exceed the below limits: Unit Size Maximum Assistance Efficiency Unit $9,000 1 Bedroom Unit $10,000 2 Bedroom Unit $11,000 3 Bedroom Unit $12,000 4 Bedroom Unit and Larger 50%of Project Cost Handicap Unit $2,000* Lead Based Paint Reduction $2,000* * Additional subsidy per unit; except four bedroom units and larger. The property owner must rent to low- and moderate-income households and is responsible for acquiring and maintaining documentation on tenant income, utility allowance and rent compliance during the affordability period. All units assisted under this program will meet full NDED Rehabilitation Standards, which must be maintained during the affordability period. The property must be affirmatively marketed. Assistance is provided in the form of a deferred payment loan that is forgiven at the end of the applicable affordability period. eports with the contractor in the same form and to the same extent as required by the federal government for federal contracts under federal rules and regulations. Such compliance reports shall be filed with the contract compliance officer. Compliance reports filed at such times as directed shall contain information as to the employment practices,policies,programs and statistics of the contractor and his subcontractors. 7) The contractor shall include the provisions of paragraphs (1) through (7) of this section, "Equal Employment Opportunity Clause," and section 10-193 in every subcontract of purchase order so that such provisions will be binding upon each subcontractor or vendor. PBE/DBE Doc 12/5/02 blished a Enterprises is essential to the achievement of the PBE/DBE goal of 0% of the dollar amount of City of Omaha's PBE/DBE goals. Therefore, to the bid (Bid Total) for this contract (if said be considered for award, Bidders must comply contract is anticipated to be over $200,000). with the requirements of these PBE/DBE Bidders shall make every good faith effort to specifications. By submitting his/her bid, each meet said goal. Bidder gives assurance that the contractor will meet the City of Omaha's percentage goals set ' , r .,,-. '.•, . ' ..... t , .-) . I'1 t ', . ''' ''''..y.L 43, . ..'- .,..' ' .., • i 1 1• :,.,.' . l'....i .., '..--' ,.,.:i• ,,, . . . ./. .., , 1. - ;'.?.- .,:.' • . %..._, La..."" 1 I r ,'•Iri, ^ 'OP ''' ' i . ..Lt ." ..---' . I silo el, .._ i E ' I 1 the fund end in chronological order of the final plat approval. Note(5)Soft costs for acquisition include finance,legal,and necessary survey costs. Note(6)Soft costs for improvements Include Finance,Legal,Design end Project Administration. PRINTED:2/16/2007 E 0 0 0 0• O O o 0 O 0 0 0 0 0 0 0 0 0 O o 0 0 O 0 0 0 O o o 0 0 (0 y O a)O a)a)a)a)COa)O a)CI)0 CI)0)0 0)O)O)O)a) a)0 0 a) a) N 0 1L- 3 O 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8 N N N N N N N N N N N N N N(N N N N N N N N N N N N :~ N a) y u- 1 NNNNNNNNNNNNN NNNN NNNN NNNNN O)!!)a 2° 8 F m IN (p Q Q Q Q Q Q Q Cr Q Cr Q Q Q Q Q Q Q Q Q sr sr sr sr sr sr sr C C a, m 1-3 ((C N C N 0 0 0 0 0 0 0 0 0 CD CD CD CD CD CD 0 0 0 0 0 0 0 CD 0 0 CD CD 0 0 0 CC €O F g U_ N O a) W O a 0,a) i 1I .(0 t C d n> J O. N O N 11 (n aI O W O . 27 a) >m i, it 9E'o� E U II N W J a) II 17 a) d '0'V W I .II r g N 2 a - 1 0 0 p o 0 o C)C)CO)O 0 0O)0)0)CD 0O) 0O)T 0)0O)0)CD T 0O)0)OO)0O) 0)0 0O)CO)CA 00) o f x c o 0. -O O C 0010000000000000000000000,00 0 U$2 N a)O 11 O N S2 O I N N N N N N N N N N N N N N N N c' N N N N N N N N C4 N U N C0 O 1 0 X g 1 N N N N N N N N N N N N N N N N N N N N N N N N N N C - 7 TO I Q N a A F O N ItQ Q sr sr sr sr Q sr sr Q Q Q Q Q sr Q sr Q Q Q Q Q sr sr Q 0 t0 7 0 > a) tQ.. I-> c0.. C j t0 )- E«O O a) C C O u) .-u)N(O el up sr up (0u)(D u)1-u)a0(0 a)(0 O u),-u)N u)C)u)Q(0 u) O V.'N t0 7 O 0 - N C) Q u) CO r` m O T O `- '-'C)`-99 ^ O C E a T a_ m w (Cp a 1 . U d c.I- a In Q a)U m 7 N Q . Z N (0 N U C-25A CITY OF OMAHA LEGISLATIVE CHAMBER Omaha,Nebraska RESOLVED BY THE CITY COUNCIL OF THE CITY OF OMAHA: WHEREAS, the City of Omaha, Nebraska is an eligible .unit of general local government that can receive Nebraska Affordable Housing Trust Fund (NAHTF) funds; and, WHEREAS, the City of Omaha,Nebraska, has obtained its citizens' comments on housing and community development needs, and on April 12, 2007, conducted a public hearing upon the proposed application and received favorable public comment respecting the application; and, WHEREAS, the creation of affordable housing opportunities to benefit low and moderate income persons or to address slum and blighted conditions on a spot basis, is a priority of the City's Consolidated Submission for Community Planning and Development Programs; and, WHEREAS, the City of Omaha currently administers affordable housing • programs to owner-occupied rehabilitation programs and rental rehabilitation programs that are primarily targeted to neighborhoods in the North Omaha Neighborhood Revitalization Strategy Area; and, WHEREAS, the NAHT funds will help rehabilitate 18 single family rental properties in the City's North Omaha Neighborhood Revitalization Strategy Area(NRSA); and, WHEREAS, the cost to rehabilitate 18 single family rental properties is estimated to be $558,000 comprised of$300,000 NAHTF funds and $258,000 in private and other funds; and, By Councilmember Adopted City Clerk Approved Mayor of 33''d and Spaulding Streets; and 5) OIC — generally located northeast of 24th and Lake Streets. The North Omaha NRSA Rental Rehabilitation Program provides rehabilitation financing assistance to investor owners of single-family (one to four units) rental properties. Investor owners are eligible for assistance if their property is located within, or within one-block of, the targeted NRSA neighborhoods. Eligible property rehabilitation activities are limited to those necessary to correct substandard conditions, to make essential improvements and to repair major systems in danger of failure. Investors must own the property and match the RRP funds with private funds on a one-to-one basis. The minimum rental rehabilitation assistance required from the City is $1,000 per unit, the maximum NAHTF investment will be less that $15,000 per unit and the maximum per unit assistance from all City sources does not exceed the below limits: Unit Size Maximum Assistance Efficiency Unit $9,000 1 Bedroom Unit $10,000 2 Bedroom Unit $11,000 3 Bedroom Unit $12,000 4 Bedroom Unit and Larger 50%of Project Cost Handicap Unit $2,000* Lead Based Paint Reduction $2,000* * Additional subsidy per unit; except four bedroom units and larger. The property owner must rent to low- and moderate-income households and is responsible for acquiring and maintaining documentation on tenant income, utility allowance and rent compliance during the affordability period. All units assisted under this program will meet full NDED Rehabilitation Standards, which must be maintained during the affordability period. The property must be affirmatively marketed. Assistance is provided in the form of a deferred payment loan that is forgiven at the end of the applicable affordability period. eports with the contractor in the same form and to the same extent as required by the federal government for federal contracts under federal rules and regulations. Such compliance reports shall be filed with the contract compliance officer. Compliance reports filed at such times as directed shall contain information as to the employment practices,policies,programs and statistics of the contractor and his subcontractors. 7) The contractor shall include the provisions of paragraphs (1) through (7) of this section, "Equal Employment Opportunity Clause," and section 10-193 in every subcontract of purchase order so that such provisions will be binding upon each subcontractor or vendor. PBE/DBE Doc 12/5/02 blished a Enterprises is essential to the achievement of the PBE/DBE goal of 0% of the dollar amount of City of Omaha's PBE/DBE goals. Therefore, to the bid (Bid Total) for this contract (if said be considered for award, Bidders must comply contract is anticipated to be over $200,000). with the requirements of these PBE/DBE Bidders shall make every good faith effort to specifications. By submitting his/her bid, each meet said goal. Bidder gives assurance that the contractor will meet the City of Omaha's percentage goals set ' , r .,,-. '.•, . ' ..... t , .-) . I'1 t ', . ''' ''''..y.L 43, . ..'- .,..' ' .., • i 1 1• :,.,.' . l'....i .., '..--' ,.,.:i• ,,, . . . ./. .., , 1. - ;'.?.- .,:.' • . %..._, La..."" 1 I r ,'•Iri, ^ 'OP ''' ' i . ..Lt ." ..---' . I silo el, .._ i E ' I 1 the fund end in chronological order of the final plat approval. Note(5)Soft costs for acquisition include finance,legal,and necessary survey costs. Note(6)Soft costs for improvements Include Finance,Legal,Design end Project Administration. 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Z N (0 N U C-25A CITY OF OMAHA LEGISLATIVE CHAMBER Omaha,Nebraska PAGE 2 WHEREAS, it is in the best interests of the citizens of the City of Omaha for the Mayor of the City of Omaha to apply for and to accept the Nebraska Affordable Housing Trust Fund (NAHTF) funds in the amount of $300,000 to be used, in conjunction with the City of Omaha's Affordable Housing program funds and private investment to rehabilitate a minimum of 18 single family rental properties for low-and moderate income households in the North Omaha NRSA. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OMAHA: THAT, the Mayor is hereby authorized to execute all necessary documents and amendments with the State of Nebraska Department of Economic Development to secure Nebraska Affordable Housing Trust Fund funds in the amount of Three Hundred Thousand and No/100 Dollars ($300,000) to be used to rehabilitate a minimum of 18 single family rental properties in the City's North Omaha Neighborhood Revitalization Strategy Area to benefit low- and moderate income households whose annual household incomes are at or below 100% of the Median Income by Family Size. P:\PLN4\15327pjm.doc APPROVED AS TO FORM: • vo7 CITY ATTORNEY D . By /040.094.1.1a. Councilmember Adopted CityClerk er / Approved r" 44' . _ . Mayor other funds; and, By Councilmember Adopted City Clerk Approved Mayor of 33''d and Spaulding Streets; and 5) OIC — generally located northeast of 24th and Lake Streets. The North Omaha NRSA Rental Rehabilitation Program provides rehabilitation financing assistance to investor owners of single-family (one to four units) rental properties. Investor owners are eligible for assistance if their property is located within, or within one-block of, the targeted NRSA neighborhoods. Eligible property rehabilitation activities are limited to those necessary to correct substandard conditions, to make essential improvements and to repair major systems in danger of failure. Investors must own the property and match the RRP funds with private funds on a one-to-one basis. The minimum rental rehabilitation assistance required from the City is $1,000 per unit, the maximum NAHTF investment will be less that $15,000 per unit and the maximum per unit assistance from all City sources does not exceed the below limits: Unit Size Maximum Assistance Efficiency Unit $9,000 1 Bedroom Unit $10,000 2 Bedroom Unit $11,000 3 Bedroom Unit $12,000 4 Bedroom Unit and Larger 50%of Project Cost Handicap Unit $2,000* Lead Based Paint Reduction $2,000* * Additional subsidy per unit; except four bedroom units and larger. The property owner must rent to low- and moderate-income households and is responsible for acquiring and maintaining documentation on tenant income, utility allowance and rent compliance during the affordability period. All units assisted under this program will meet full NDED Rehabilitation Standards, which must be maintained during the affordability period. The property must be affirmatively marketed. Assistance is provided in the form of a deferred payment loan that is forgiven at the end of the applicable affordability period. eports with the contractor in the same form and to the same extent as required by the federal government for federal contracts under federal rules and regulations. Such compliance reports shall be filed with the contract compliance officer. Compliance reports filed at such times as directed shall contain information as to the employment practices,policies,programs and statistics of the contractor and his subcontractors. 7) The contractor shall include the provisions of paragraphs (1) through (7) of this section, "Equal Employment Opportunity Clause," and section 10-193 in every subcontract of purchase order so that such provisions will be binding upon each subcontractor or vendor. PBE/DBE Doc 12/5/02 blished a Enterprises is essential to the achievement of the PBE/DBE goal of 0% of the dollar amount of City of Omaha's PBE/DBE goals. Therefore, to the bid (Bid Total) for this contract (if said be considered for award, Bidders must comply contract is anticipated to be over $200,000). with the requirements of these PBE/DBE Bidders shall make every good faith effort to specifications. By submitting his/her bid, each meet said goal. Bidder gives assurance that the contractor will meet the City of Omaha's percentage goals set ' , r .,,-. '.•, . ' ..... t , .-) . I'1 t ', . ''' ''''..y.L 43, . ..'- .,..' ' .., • i 1 1• :,.,.' . l'....i .., '..--' ,.,.:i• ,,, . . . ./. .., , 1. - ;'.?.- .,:.' • . %..._, La..."" 1 I r ,'•Iri, ^ 'OP ''' ' i . ..Lt ." ..---' . I silo el, .._ i E ' I 1 the fund end in chronological order of the final plat approval. Note(5)Soft costs for acquisition include finance,legal,and necessary survey costs. Note(6)Soft costs for improvements Include Finance,Legal,Design end Project Administration. 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