Request for Qualifications RC-006-Q-0910 Non ... - Richland County
Request for Qualifications RC-006-Q-0910 Non ... - Richland County
Request for Qualifications RC-006-Q-0910 Non ... - Richland County
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<strong>Request</strong> <strong>for</strong> <strong>Qualifications</strong><br />
<strong>Non</strong>-Profit Community Housing Development Organizations (CHDO)<br />
<strong>Richland</strong> <strong>County</strong> South Carolina<br />
<strong>Richland</strong> <strong>County</strong> South Carolina is soliciting <strong>Request</strong> <strong>for</strong> <strong>Qualifications</strong> from <strong>Non</strong>-Profit Housing<br />
Developers, Sponsors and Owners that are interested in becoming a <strong>Richland</strong> <strong>County</strong> Designated<br />
Community Housing Development Organization – CHDO.<br />
Qualified CHDO’s will be eligible to compete <strong>for</strong> funding through the HOME Investment Partnership Program.<br />
SERVICES<br />
<strong>Non</strong>-profit Housing Developers will create af<strong>for</strong>dable housing opportunities in unincorporated <strong>Richland</strong> <strong>County</strong><br />
<strong>for</strong> low to moderate income families. Eligible activities are acquisition, rehabilitation, new construction <strong>for</strong><br />
rental or homeownership.<br />
MINIMUM QUALIFICATIONS<br />
<strong>Non</strong>-profit af<strong>for</strong>dable housing developers must provide evidence of the following qualifications required by the<br />
United States Housing and Urban Development HOME Program <strong>for</strong> CHDO and specific criteria set <strong>for</strong>th by the<br />
<strong>County</strong>.<br />
1. Evidence of tax exempt status under section 501 (C)(3) or (C)(4) of the Internal Revenue code;.<br />
2. Clearly stated purpose of providing decent housing that is af<strong>for</strong>dable <strong>for</strong> very low income and<br />
moderate-income persons (should be found in the organization’s Charter, Articles of Incorporation, Bylaws<br />
or Resolution certified by the State of South Carolina);<br />
3. Evidence that the Board of Directors is at least comprised of one-third low-income, residents of lowincome<br />
neighborhoods, other low-income community residents or elected representatives of low income<br />
community;-<br />
4. Formal procedures in place to assure low-income beneficiaries advise the organization regarding the<br />
design, site, development and management of af<strong>for</strong>dable housing;<br />
5. Evidence of organizations capacity to develop, own and/or manage an af<strong>for</strong>dable housing project (staff,<br />
board of directors, partners)<br />
6. Annual Budget showing dedicated resources and evidence of sound standards of financial accountability<br />
that con<strong>for</strong>m to OMB Circular No. A-110(Rev.) Standards <strong>for</strong> Financial Management Systems;<br />
7. Demonstrated use of public and private funding <strong>for</strong> the development and management of af<strong>for</strong>dable<br />
housing;<br />
8. Demonstrated history of serving the community where the project is proposed;