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HomeMy WebLinkAboutHC 10-23-2025 PresentationsHC 10-23-2025 Item No.2 NOFA and BMR RFP Presentations Nicky Vu, Senior Housing Coordinator October 23, 2025 FY 2026-27 Notice of Housing Program Funding Availability (NOFA) and Below Market Rate (BMR) Request for Proposals (RFP) Housing Funding NOFA Purpose ●Annual request for proposals for eligible capital housing projects and low-income public service programs ●Application Period: ●November 3, 2025 – February 3, 2026 Funding Sources ●Below Market Rate Affordable Housing Funds (BMR AHF) ●Community Development Block Grant (CDBG) ●Public Service funding was awarded on a two- year cycle, all Public Service contracts will automatically renew Eligible Funding Activities Capital Housing Projects (BMR AHF, CDBG) ●Land acquisition ●New construction ●Housing preservation ●Public building/home rehabilitation ●Public infrastructure improvements Funding Source Amounts (est.) Capital Housing Funds Below Market Rate Affordable Housing Fund (BMR AHF) $1,100,000 Community Development Block Grant (CDBG) $280,000 Total $1,380,000 Funding Amounts (est.) Target Population ●Special needs housing identified in Housing element: formerly homeless persons, seniors, disabled persons, transition aged youth, special needs individuals etc. ●Low- and/or moderate-income persons and households Process ●Online Applications: www.citydataservices.net ●Public Hearings (Spring 2026) ●Housing Commission – Decision ●Housing Commission - Draft ●City Council citydataservices.net Login/Password ●Returning Applicants: you already have one ●New Applicants: CUP2026/CUP2026 Important Dates ●Housing Commission Announcement Oct 23, 2025 ●Newspaper Posting Oct 10, 2025 ●NOFA Opens Nov 3, 2025 ●NOFA Closes Feb 3, 2026 ●Housing Commission Decisions March 2026 Nicky Vu, Senior Housing Coordinator October 23, 2025 FY 2026-27 Notice of Housing Program Funding Availability (NOFA) and Below Market Rate (BMR) Request for Proposals (RFP) Housing Funding NOFA Purpose ●Annual request for proposals for eligible capital housing projects and low-income public service programs ●Application Period: ●November 3, 2025 – February 3, 2026 Funding Sources ●Below Market Rate Affordable Housing Funds (BMR AHF) ●Community Development Block Grant (CDBG) ●Public Service funding was awarded on a two- year cycle, all Public Service contracts will automatically renew Eligible Funding Activities Capital Housing Projects (BMR AHF, CDBG) ●Land acquisition ●New construction ●Housing preservation ●Public building/home rehabilitation ●Public infrastructure improvements Funding Source Amounts (est.) Capital Housing Funds Below Market Rate Affordable Housing Fund (BMR AHF) $1,100,000 Community Development Block Grant (CDBG) $280,000 Total $1,380,000 Funding Amounts (est.) Target Population ●Special needs housing identified in Housing element: formerly homeless persons, seniors, disabled persons, transition aged youth, special needs individuals etc. ●Low- and/or moderate-income persons and households Process ●Online Applications: www.citydataservices.net ●Public Hearings (Spring 2026) ●Housing Commission – Decision ●Housing Commission - Draft ●City Council citydataservices.net Login/Password ●Returning Applicants: you already have one ●New Applicants: CUP2026/CUP2026 Important Dates ●Housing Commission Announcement Oct 23, 2025 ●Newspaper Posting Oct 10, 2025 ●NOFA Opens Nov 3, 2025 ●NOFA Closes Feb 3, 2026 ●Housing Commission Decisions March 2026 Nicky Vu, Senior Housing Coordinator October 23, 2025 FY 2026-27 Notice of Housing Program Funding Availability (NOFA) and Below Market Rate (BMR) Request for Proposals (RFP) Housing Funding NOFA Purpose ●Annual request for proposals for eligible capital housing projects and low-income public service programs ●Application Period: ●November 3, 2025 – February 3, 2026 Funding Sources ●Below Market Rate Affordable Housing Funds (BMR AHF) ●Community Development Block Grant (CDBG) ●Public Service funding was awarded on a two- year cycle, all Public Service contracts will automatically renew Eligible Funding Activities Capital Housing Projects (BMR AHF, CDBG) ●Land acquisition ●New construction ●Housing preservation ●Public building/home rehabilitation ●Public infrastructure improvements Funding Source Amounts (est.) Capital Housing Funds Below Market Rate Affordable Housing Fund (BMR AHF) $1,100,000 Community Development Block Grant (CDBG) $280,000 Total $1,380,000 Funding Amounts (est.) Target Population ●Special needs housing identified in Housing element: formerly homeless persons, seniors, disabled persons, transition aged youth, special needs individuals etc. ●Low- and/or moderate-income persons and households Process ●Online Applications: www.citydataservices.net ●Public Hearings (Spring 2026) ●Housing Commission – Decision ●Housing Commission - Draft ●City Council citydataservices.net Login/Password ●Returning Applicants: you already have one ●New Applicants: CUP2026/CUP2026 Important Dates ●Housing Commission Announcement Oct 23, 2025 ●Newspaper Posting Oct 10, 2025 ●NOFA Opens Nov 3, 2025 ●NOFA Closes Feb 3, 2026 ●Housing Commission Decisions March 2026 Login/Password ●Returning Applicants: you already have one ●New Applicants: CUP2026/CUP2026 Important Dates ●Housing Commission Announcement Oct 23, 2025 ●Newspaper Posting Oct 10, 2025 ●NOFA Opens Nov 3, 2025 ●NOFA Closes Feb 3, 2026 ●Housing Commission Decisions March 2026 HC 10-23-2025 Item No.3 BMR Admin RFP Presentations BMR Admin RFP Purpose ●Request for proposals for eligible consultants to administer the Below Market Rate Housing program ●Application Period: ●November 3, 2025 – December 3, 2025 Scope of Work ●General Administration Services ●Lottery and waitlist ●Utilize City guidelines and procedures ●Engage with public and council ●BMR Purchase Program ●Closing documents of resales ●Marketing with realtors ●BMR Rental Program ●Recertify tenants for placement ●Monitor units Expiring Rental Units Restrictions Expire (updated)Property Owner Aviare 20 1/1/2028 Legacy Partners Forge Homestead 15 11/8/2027 De Anza Properties Park (City Center)4 7/31/2026 Prometheus Hamptons 34 10/20/2027 Irvine Company Arioso 20 1/29/2028 FPI Management Biltmore 2 8/30/2029 Prometheus Aviare 2 7/8/2038 Legacy Partners Markham 17 11/4/2039 Prometheus TOTAL 114 Evaluation Process ●Firm and Project Team Qualifications – 30 pts ●Experience ●Pricing and Costs – 30 pts ●Economical ●Work Plan Approach – 30 pts ●Effective ●California/Bay Area Integration – 10 pts ●Efficient Funding Sources ●City’s General Fund ●April 15, 2025 City Council voted to increase BMR funding to the Mary Ave project and directed staff to use a commensurate portion of General Fund for BMR Program Administration ●Depending on cost proposals received and available funding, multi-year contracts may be awarded Process ●Email applications: housing@cupertino.gov ●Interviews (Winter 2025) ●Public Hearings (Spring 2026) ●Housing Commission – Decision ●Housing Commission - Draft ●City Council Cupertino Housing Website ●https://www.cupertino.gov/Y our- City/Departments/Communit y-Development/Housing NickyV@cupertino.gov