Department of Housing and Community Development Prebid Meeting

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Department of Housing and Community Development Pre-bid Meeting: PADD/DFD Q & A Aug 6,

Department of Housing and Community Development Pre-bid Meeting: PADD/DFD Q & A Aug 6, 2014 WELCOME 1

Pre-bid Meeting Agenda 9: 30 a – 9: 45 a Meet and Greet 9:

Pre-bid Meeting Agenda 9: 30 a – 9: 45 a Meet and Greet 9: 45 a – 10: 00 a Opening Remarks – Director Kelly & Deputy Director Simms 10: 00 a – 10: 15 a Presentation RFP Changes 10: 15 a - 11: 45 a Presentation and Q&A for 8 th and T St, NW 11: 45 a - 1: 15 p Presentation and Q&A for Florida and Q St, NW 1: 15 p – 2: 00 p Lunch Break 2: 00 p - 3: 30 p Presentation and Q&A for Amber Overlook

Opening Remarks Director Michael P. Kelly

Opening Remarks Director Michael P. Kelly

Opening Remarks Deputy Director Nathan Simms

Opening Remarks Deputy Director Nathan Simms

Pre-bid Presenter Housing Projects Coordinator Laverne Scott

Pre-bid Presenter Housing Projects Coordinator Laverne Scott

DFD’s Application Process • Coordination with PADD to determine appropriate financing • Thorough underwriting

DFD’s Application Process • Coordination with PADD to determine appropriate financing • Thorough underwriting before decisions • Improved lending and processing outcomes 6

Four Step Process for Decisions 1. Threshold - clear, objective criteria 2. Feasibility/sustainability analysis,

Four Step Process for Decisions 1. Threshold - clear, objective criteria 2. Feasibility/sustainability analysis, through underwriting 3. Project prioritization 4. Funding decisions 7

DFD’s Threshold Review Criteria 1. 5% of all projects must provide Permanent Supportive Housing

DFD’s Threshold Review Criteria 1. 5% of all projects must provide Permanent Supportive Housing as defined in the RFP 2. Priority points will be given to projects offering larger bedroom sizes (3 BRs and above) 3. Regulatory eligibility for appropriate programs 4. Development team materials submitted 5. Corporate Good Standing and Clean Hands Certificate 8

Review Criteria – cont’d 6. Creditworthiness 7. Completed Green Design process 8. Preliminary architectural

Review Criteria – cont’d 6. Creditworthiness 7. Completed Green Design process 8. Preliminary architectural schematic drawings and Form 212 or Form 215 9. Completeness of application material submitted 9

Threshold Criteria Review • Applications that pass move into next three steps • Applications

Threshold Criteria Review • Applications that pass move into next three steps • Applications that fail will not move to the next step, and will receive notice 10

Funding Decisions • Results of Underwriting will be reviewed in a committee process •

Funding Decisions • Results of Underwriting will be reviewed in a committee process • Ratified by DHCD Director Kelly • A Reservation Letter will be issued to all successful applicants along with the property award letter 11

Funding Decisions • Letter of Reservation will include project-specific and generic closing conditions •

Funding Decisions • Letter of Reservation will include project-specific and generic closing conditions • Commitment Letter follows with progress on closing conditions 12

QUESTIONS & ANSWERS

QUESTIONS & ANSWERS

Pre-bid Presenter PADD Manager Karanja Slaughter

Pre-bid Presenter PADD Manager Karanja Slaughter

District of Columbia Department of Housing and Community Development Property Acquisition And Disposition Division

District of Columbia Department of Housing and Community Development Property Acquisition And Disposition Division Pre-Bid Meeting Solicitation For Offers #1 for 8 TH and T Street, NW, Washington, DC August 6, 2014

Overview Agenda – of Scattered DHCD –Sites 8 th and - Trinidad, T Street,

Overview Agenda – of Scattered DHCD –Sites 8 th and - Trinidad, T Street, NE, N. W, Washington, DCDC The DC Department of Housing and Community Development’s (DHCD) mission is to create and preserve opportunities for affordable housing and economic development and to revitalize underserved communities in the District of Columbia. DHCD fulfills its mission by: § § § providing gap funding for affordable housing and community facilities supporting communities through neighborhood-based activities increasing first-time homeownership opportunities § § funding the rehabilitation of single-family and multi-family homes providing funding for homelessness prevention addressing vacant and abandoned properties overseeing the administration of rental housing laws 16

Site Details – 8 th and T Street, N. W, Washington, DC Location 8

Site Details – 8 th and T Street, N. W, Washington, DC Location 8 th Street N. W. & T Street N. W. Square 0394 Lots 0060 Total Square Footage 5055 sq. ft. Owner District of Columbia Status Vacant Zone (R-4 Residential) 2013 Tax Assessed Value $1, 460, 900 Adjacent Stakeholders/Property Owner Hospitality High School of Washington, DC Historic District Yes

Site Details – 8 th and T Street, N. W, Washington, DC Neighborhood •

Site Details – 8 th and T Street, N. W, Washington, DC Neighborhood • Shaw is one of the oldest communities in the District and experienced significant growth during and immediately following the Civil War. A development boom expanded the District through the neighborhood up to Florida Avenue, then the District’s northern boundary. This development continued into the early 20 th Century, as entertainment options (such as nightclubs, restaurants and theatres) came to grow in the northern portion of the commercial corridor 1. Seventh Street became the area’s new cultural and entertainment destination. Growth in the neighborhood continued until the April 1968 riots following the assassination of Dr. Martin Luther King, Jr. , which devastated Shaw’s commercial corridor. Urban renewal efforts in the 1970 s and 1980 s resulted in the construction of public schools, churches, a public library, one major commercial facility and a supermarket. 1 • Home to numerous historic sites, such as the Howard Theatre and Carter G. Woodson House, the neighborhood is also the location of the new $850 million Washington Convention Center and the City Museum of Washington, DC. Because of its historic building stock, proximity to Downtown, and outstanding transportation access, Shaw is attracting both local and national retailers. Several new developments offer new residences as well as exciting dining and entertainment options (such as ethnic restaurants, live theater, and music venues) to serve the diverse residents of the community. Shaw is rapidly becoming one of the DC’s hottest residential neighborhoods. Zoning • The existing zoning is R-4, a low to moderate density residential zone. R-4 permits single family, duplex, rowhouse, and flat development (2 residential units) by right. The zone does not permit new multi-family development. The site does not meet the minimum lot area standard for a Planned Unit Development (PUD). Each new rowhouse/flat lot in the R-4 zone is required to have a lot area of 1, 800 sq. ft. , and a minimum lot width of 18 feet. Affordability • The developer shall demonstrate that 51% of all new units created shall be affordable to households with incomes at or below 80% of AMI. For this Solicitation, PADD requires a minimum affordability period of 15 years for homeownership and 40 years for rental housing.

Background Agenda – Scattered & Goals. Sites – 8 th- and Trinidad, T Street,

Background Agenda – Scattered & Goals. Sites – 8 th- and Trinidad, T Street, NE, N. W, Washington, DC DC Development Goals: • Mixed‐income developments; • Vocational training and/or local neighborhood job creation; • Good workmanlike construction, quality design and architecture that complements the existing architecture of the neighborhood; • Adequate financing from pre‐development through final completion; • Family style affordable dwelling units (2 or more bedrooms) which allow families to grow in place; • 51% of the units to be affordable at 80% AMI or below • A commitment to at least 15 years of affordability for homeownership and 40 years for rental projects ; • Community outreach and development coordination; and • Use of green materials, techniques and systems that meet the 2011 Green Communities Criteria. 19

Photos & Neighborhood Context– 8 th and T Street, N. W, Washington, DC

Photos & Neighborhood Context– 8 th and T Street, N. W, Washington, DC

8 th and T Street, NW

8 th and T Street, NW

8 th and T Street, NW

8 th and T Street, NW

8 th and T Street, NW

8 th and T Street, NW

8 th and T Street, NW

8 th and T Street, NW

8 th and T Street, NW

8 th and T Street, NW

Evaluation Agenda – Scattered Criteria –Sites 8 th and - Trinidad, T Street, NE,

Evaluation Agenda – Scattered Criteria –Sites 8 th and - Trinidad, T Street, NE, NWWashington, DC Criteria Vision Description • Innovative, market-viable ideas for development or reuse of the Development Site, in terms of market viability and neighborhood context Qualifications & Experience • Demonstrate that they are qualified to execute the proposed development plan • Have successfully served in developer roles for completed projects of a similar scale and scope to that Project proposed by Offerors • Provide evidence of sufficient organizational and financial capability to ensure successful and timely delivery of past projects Project Financial Feasibility and Developer Financial Capacity • Demonstrate that they possess the financial resources to execute the Project requirements with minimum District-based subsidy • Display a willingness to provide the District with fair consideration for its real property assets • Exhibit a willingness to provide the District with a meaningful guarantee regarding payment and performance through final Project completion Attainment of District Policy Goals • LSDBE and CBE participation • Incorporate high-quality design • Improve quality of life for the surrounding community • Incorporate environmental sustainability best practices • Maximize economic value to the District 26

SFO Schedule Agenda – Scattered – 8 th Sites and T-Street, Trinidad, NWNE, Washington,

SFO Schedule Agenda – Scattered – 8 th Sites and T-Street, Trinidad, NWNE, Washington, DC IMPORTANT DATES Issuance of Solicitation Pre-Bid Conference Site Visit Proposal Due Date (at 4: 00 PM ET) July 11, 2014 August 6, 2014 10 a-12 p, August 12, 2014 4 pm, October 10, 2014 27

8 th and T Street, NW Questions and Answers

8 th and T Street, NW Questions and Answers

SFO - 8 th and T Street, NW Karanja Slaughter, Manager, PADD 202 -442

SFO - 8 th and T Street, NW Karanja Slaughter, Manager, PADD 202 -442 -7282 Karanja. [email protected] gov Adarsh Hathi, Project Manager, PADD 202 -478 -1351 Adarsh. [email protected] gov