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HC Resolution No. 17-01 Recommending Approval of the 2017-18 Consultant for the BMR Housing Program AdministrationRESOLUTION NO. 17-01 A RESOLUTION OF THE HOUSING COMMISSION OF THE CITY OF CUPERTINO RECOMMENDING APPROVAL OF THE 2017-18 CONSULTANT FOR THE BMR HOUSING PROGRAM ADMINISTRATION Adopt Resolution No. 17-01; recommending approval of the 2017-18 consultant for Below Market Rate (BMR) Program Administration to City Council for final adoption. WHEREAS, the City of Cupertino generates affordable housing units through its BMR Housing Mitigation Program, wherein BMR for-sale units are made available to median and moderate-income households, and BMR rental units are made available to low and very low- income households; and WHEREAS, the City's Housing Mitigation Program was adopted in 1992 by ordinance that requires developers to provide a specified number of affordable owner occupied units and the units are managed in accordance with City Council adopted guidelines; and WHEREAS, the City has overall responsibility for the BMR Program although the administration may be contracted out to another agency; and WHEREAS, in January 2017, the City issued a Request for Qualifications (RFQ) inviting qualified consultants to prov ide proposals to administer the City's BMR Program; and WHEREAS, in February 2017, the City received four proposals and conducted interv iews; and WHEREAS, the interview panel selected Hello Housing as the lead consultant after reviewing proposals and conducting interviews. BE IT FURTHER RESOLVED that the Housing Commission of the City of Cupertino hereby recommends approval of the selection of Hello Housing as the fiscal year 2017-18 BMR Program Administrator to City Council for final adoption; and PASS ED AND ADOPTED at a regular meeting of the Housing Commission of the City of Cupertino this 13 th day of April, 2017 by the following vote: Resolution No. 17-01 Members of the Housing Commission AYES: NOES: Chair Daruwalla, Commissioners Zhao, Bose none ABSENT: ABSTAIN: ATTEST: Vice Chair Chu, Commissioner Kapil none Kerri Heusler ~ Senior Planner, Housing APPROVED: Chair, Housing Commission Page2