Affordable Housing Development - 120 E. Cotati Avenue

From: Cotati(City)

Basic Details

started - 20 Mar, 2024 (1 month ago)

Start Date

20 Mar, 2024 (1 month ago)
due - 30 Apr, 2024 (Tomorrow)

Due Date

30 Apr, 2024 (Tomorrow)
Bid Notification

Type

Bid Notification

Identifier

N/A
City of Cotati

Customer / Agency

City of Cotati

Attachments (1)

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Bid Title:Affordable Housing Development - 120 E. Cotati Avenue Category:Community DevelopmentStatus:Open Description: Request for Qualifications Affordable Housing Development For 120 E. Cotati Avenue Location: 120 E. Cotati Avenue, Cotati, CA 94931 Released: March21, 2024 Due: 5:00 pm PT on April 30, 2024 RFQ SCHEDULE AND SUBMISSION INSTRUCTIONS The following Request for Qualifications (RFQ) timeline is provided for the Respondent’s scheduling information but is subject to change at the City’s discretion. Request for Developer Qualifications Released - March 21, 2024 RFQ Questions and Requests for Clarifications Due - April 4, 2024, 5:00PM Pacific Time City Response to RFQ Questions/Clarifications - April 16, 2024 RFQ Submittal Deadline - April 30, 2024, 5:00PM Pacific TimeParties responding to this RFQ (“Respondent(s)” or “Respondent Team(s)”) must submit their response via email to document.write('nhoush'+'@'+'cotaticity.org')
href="mailto:nhoush@cotaticity.org">nhoush@cotaticity.org For security reasons, you must enable JavaScript to view this E-mail address.. The City must receive responses to this RFQ through a Statement of Qualifications (SOQ) no later than the deadline listed above. It is the Respondent's sole responsibility to ensure that the SOQ is received by the City before the deadline listed above. All emails sent by a Respondent will be time-stamped based on the time of receipt of such email. SOQs must incorporate the Program Principals and Objectives listed below into the responding submittals. The page limit for the SOQ without exhibits is 15 pages; there is no page limit for exhibits. All questions and/or requests for clarification should be sent to the City contact’s email address. The City will respond to questions and/or requests for clarification by emailing one attachment containing all questions and requests for clarification received by the deadline, along with an answer for each, via bcc to the email address(es) which submitted the questions and/or requests for clarification by the applicable deadline on March 11, 2024. This summary of questions and responses will also be appended to the City’s RFQ website on the same date. DISCLAIMER The City obtained the information contained in this RFQ from sources deemed reliable; however, the City makes no guarantees, warranties, or representations, nor expresses or implies any opinion concerning the accuracy or completeness of the information provided. It is furnished solely as an aid to interested parties. Interested parties are responsible for undertaking all necessary investigations on and off the City property to determine the suitability of the property for interested party’s intended use. INTRODUCTION The City is pleased to issue this RFQ for respondents capable of developing affordable housing on the City-owned property located at 120 E. Cotati Avenue in this RFQ, that will be consistent with and help fulfill state, regional, and local housing and development goals. 120 E. Cotati Avenue is a prime downtown development site in the heart of Cotati, consisting of three parcels with multiple public street frontages (APN 144-274-002, -014 & -015), collectively consisting of approximately 0.86 acres. Development of the site has been identified as a critical element of the community vision laid out in the Downtown Specific Plan, and the City’s certified 6th Cycle Housing Element. In 2021, the City entitled the site with a three story mixed use project consisting of 27 residential units and 10,400 square feet of commercial space. Separately, Section 3.5 of the 2023 City’s Housing Element identified the site’s realistic capacity as a maximum of 56 affordable housing units, split across income categories. As such, when the site came available, the City made the decision to utilize affordable housing funds to purchase the properties. This RFQ is a City effort to address housing affordability through the construction of the entitled project referenced in Exhibit B, or an alternative project to be proposed by the respondents that seeks to implement the project principals and objectives identified below. The City expects to evaluate the responding SOQs and then, provided that a) one or more of the Respondent SOQs are sufficient, and b) the City wishes to move forward with development of the site, the City intends to enter into an Exclusive Negotiating Agreement (ENA) and/or Lease Option Agreement (LOA) with the Respondent whose qualifications and development proposal the City deems best suited to the Principles and Objectives described in this RFQ. Successful completion of negotiations will lead to the execution of a development and disposition agreement or similar regulatory agreement to allow the development and use of the site for affordable housing. Click here for the RFQ in it's entirety. Publication Date/Time: 3/20/2024 12:00 AM Closing Date/Time: 4/30/2024 5:01 PM Contact Person: Noah Housh, Director Community Devlopment 201 W. Sierra Avenue, Cotati CA 94931 nhoush@cotaticity.org 707-665-3625 Related Documents: Exhbit 3 Phase I ESA for 120 East Cotati Avenue Cotati California 94931 Return To Main Bid Postings Page

201 West Sierra Avenue Cotati, California 94931Location

Address: 201 West Sierra Avenue Cotati, California 94931

Country : United StatesState : California

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Classification

Community Development