HomeMy WebLinkAboutCC 05-19-2026 Item No. 21 Authorization to execute BMR Housing Administration Contract_Staff PresentationCC - 5-19-2026
#21
Authorization to execute
BMR Housing Administration
Contract
Presentation
Nicky Vu, Senior Housing Coordinator
May 19, 2026
Below Market Rate (BMR)
Administration Agreement
Background
●The City requires that housing
developments provide a percentage of
units to be affordable (inclusionary
housing program)
●These units are jointly administered by a
single entity to ensure compliance and
centralize the program to a single waitlist
●RISE Housing is the City’s current BMR
Administrator. Their contract expires June
2026.
Request for Proposals (RFP)
November 3, 2025 – Open for responses
December 3, 2025 – Closed
●3 proposals
December 2025 – Staff Evaluations
●2 proposals
January 2026 – Interviews
●1 proposal
March 2026 – Housing Commission Update
May 2026 – City Council authorize execution
of agreement
Evaluation Criteria
●Firm and Project Team Qualifications
●Work Plan Approach
●California/Bay Area Integration
●Pricing/Costs
Program Priorities
●Expiration of 95 out of 119 rental units in the
portfolio due to 30 year sunset
●Negotiation of final leases, support to tenants
for reapplication process, landlord
compliance, general support services
●RISE Housing showed the strongest
understanding of and preparation of work
expectations and had complete multiyear
proposal
Housing Commission Direction
●March 26 staff presentation
●Generally in agreement with staff decision, but
asked that staff consider proposed innovative
process improvements from best practices in
other jurisdictions
●Staff to explore the possibility of enacting
these improvements through final negotiations
with RISE Housing
.
Final Negotiations
●Reduce costs by charging price of BMR
homeowner resale as an admin fee to sellers in
the program
●Requires separate Council action to
approve a new fee
●Reduce wait times by utilizing the Bay Area
Housing Finance Authority (BAHFA) Doorways
portal for centralized listings
●Requires separate Council action to
move to year-round waitlist, requires
adding work item: purge list
.
RISE Housing Proposal
●3 year contract
●FY26-27, FY 27-28, FY 28-29
●Approximately $160,000 per year
●3 person team
●General Admin, Purchase Program, Rental
Program
.
General Fund Appropriation
●Aligned with City Council direction of April 15,
2025 Housing funding awards
●Prioritize BMR Affordable Housing Fund (BMR
AHF) for available new construction of
affordable housing projects
●Reprogram administration services through
General Fund.
Motion
●Authorize the City Manager to execute the
agreement with RISE Housing, Inc for Below
Market Rate Administration services for FY26-29
and appropriate $470,650 from the General
Fund.
.