RFP for Property Management Services

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Properties Description & Location Helzer Courts Helzer Associates 2960 McIntyre Dr San Jose, CA 95136 The Willows Willows/HACSC Associates 898 Paula Street San Jose, CA 95126 Family apt, San Jose, bonds, LIHTC, City Loan Family Apartment, Housing Authority of the County of Santa Clara Variable Rate Demand Multifamily Housing Revenue Refunding Bonds, LIHTC # of Units 155 2000 Year Built General Partner or Owner Limited Partner 47 Rehab 1490 Pinmore HDC Inc Alex Sanchez, President Louise Hofmeister, VP Jacque Hansen, VP/Secretary Pinmore HDC Inc Alex Sanchez, President Lousie Hofmeister, VP Jacque Hansen, VP/Secretary Macintosh HD:Users:Cathy:Desktop:Santa Clara:Final Drafts:Exhibit B Portfolio Information Sheet.xls12/6/10 Union Bank (UBOC) 200 Pringle Ave. Walnut Creek, CA 94596 Union Bank (UBOC) 200 Pringle Ave. Walnut Creek, CA 94596 Effective Standard Affordability Restrictions 4 units @ 30%; 77 units @ 50%; 74 unit @ 60% 13 units @ 30%, 10 units @ 50%, 22 units @ 60%, 1 mgrs unit, 1 market unit 2011 Gross Potential Income Fiscal Year End Proposed Mgmt Contract Commence ment $ 2,280,756 31-Dec 2/28/11 Funder-Required Services The Resident Manager will make referrals available to local social service agencies on a case by case basis. $ 638,599 31-Dec 6/30/11 None required
PROPERTY MANAGEMENT AGREEMENT THIS AGREEMENT is made effective ______________2011, by and between ______________________ ("Owner"), and ____________________________ ("Agent"). RECITALS WHEREAS, Owner is the owner of certain improved real property and the improvements thereon commonly known as _______________, consisting of _____ units located at ______________________ (the "Property"); and WHEREAS, Owner desires to obtain the services of Agent for the purpose of managing and operating the Property, and Agent desires to provide such services; and WHEREAS, Agent holds a real estate brokerage license through an authorized officer as required by the laws of the State of California; WHEREAS, the Owner requires Agent to meet THE OVERALL GOALS for this property as follows: • To provide a desirable, well maintained, habitable, and affordable place to live for a racially and ethnically integrated resident population, without regard to race, religion, sex, color, family status, disability status, national origin, marital status, ancestry, gender identity or sexual orientation; • To house eligible and responsible residents and maximize occupancy and rent collection efforts; • To provide effective and timely services for the residents; • To meet the proforma-ed financial objectives of the partnership; and • To maintain the physical housing resource for the projected useful life WHEREAS, the Owner requires that the Agent meet THE PERFORMANCE STANDARDS for this property as follows: A vacancy rate no higher than __% (defined as vacancy loss in dollars as a percentage of gross potential rent for the period measured) A collection rate no less than __% (defined as total (resident & subsidy) cash collected as a percentage of total rent billed. Property Management Agreement December 2010 1
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Page 31 and 32: and shall be expensed to the Proper
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Page 37 and 38: charged to the Property's Operating
Page 39 and 40: c. Funds Provided By Owner. If the
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Page 43 and 44: TO OWNER: TO AGENT: Agent agree to
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Page 47 and 48: NON-COLLUSION AFFIDAVIT I, , an aut
Page 49 and 50: C. Notice of Cancellation All cover
Page 51 and 52: E. Special Provisions a. Policy ret

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