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Agenda 06/09/2020 Item #11A (ITN #20-7698 - former Golden Gate GC)06/09/2020 EXECUTIVE SUMMARY Recommendation to review staffs ranking of the proposals submitted in response to Invitation to Negotiate ("ITN") No. 20-7698, concerning a Housing and Land Development component at the former Golden Gate Golf Course, and direct the County Manager's office to begin contract negotiations with the selected firm. OBJECTIVE: To select a firm to assist the County in providing a housing and land development component at the former Golden Gate Golf Course at no cost to the County so that staff can begin contract negotiations with the selected vendor. CONSIDERATIONS: At the December 10, 2019 meeting the Board directed County staff to develop an ITN seeking a vendor that could provide a housing and land development component at the former Golden Gate Golf Course. As part of ITN No. 20-7698, the County sought to locate a firm that could work in an integrated fashion with the planning and engineering firm the Board previously selected through Request for Professional Services ("RPS") No. 19-7650 to ensure that the entire property's use, space, and infrastructure is considered throughout the development process. A conceptual site plan is attached for reference. With the above in mind, the ITN includes the following key elements: • Workforce housing with targeted rental rates equivalent to 30-80% of area median income • 200 - 400 rental workforce housing units (potentially more, if space allows) • Provide a minimum of 10% of units identified for seniors, veterans. Considerations for those with special needs will be viewed favorably • All units would be reserved for Essential Services employees and their families such as teachers, firefighters, sheriff's officers, nurses, and EMTs, etc. Further restrictions may be identified by the Community Foundation • Variety of rental unit sizes including studio, 1 bedroom, 2 bedroom, and 3 bedroom units • A design that is compatible with the community and the surrounding neighbors The County publicly advertised ITN No. 20-7698 on December 13, 2019, on the County's online bidding system and closed the period to submit proposals on January 28, 2020. The County received the six proposals attached to the Executive Summary by the ITN deadline. The Community Foundation of Collier County (the "Foundation") in conjunction with the Schultz Foundation and Moorings Park has earmarked significant grant funding available for the development of a workforce and senior housing development. The Foundation's requirements for funding selection differ slightly from the County's ITN requirements. As such, several of the respondents have proposed development plans that seek to satisfy the requirements of both. It should be noted that only two proposers have earned the Foundation's support for private funding. The Selection Committee met on February 18, 2020, and ranked the six proposals. Staff is recommending the top five move forward for Board final consideration. 1. McDowell Housing Partners/Collier County Community Land Trust/National Community Renaissance of California 2. Rural Neighborhoods, Inc. 3. JHM/RHD Naples, LLC. 4. Gorman & Company, LLC. Packet Pg. 342 06/09/2020 5. Ability Housing, Inc. 6. Framework Group, LLC. Firm Non-profit Status Community Local Vendor Total Foundation Letter Preference Units of Support Received McDowell Housing Partner with Collier County Yes 408 Partners Community Land Trust & National Community Renaissance of California Rural Neighborhoods, Inc. Yes Yes Yes 350 JHM/RHD Naples, LLC. Partner with Habitat for Humanity Yes 360 Collier Gorman & Company, No 408 LLC. Ability Housing, Inc. I Yes I Yes I364 The top five firms will be given time to present to the Board and answer questions. Following the Board's final selection, the ITN process then directs the County Manager, or his designee, to begin negotiations with the selected firm and bring back a proposed contract for the Board's final approval of the specific terms of the partnership. While the Board has the discretion to select any firm, it should be noted that only two of the firms have been selected by the Foundation for a partnership with private funding. The two firms were ranked by staff and identified in the table above. FISCAL IMPACT: In FY 202I's budget proposal, $1,000,000 is programmed toward planning and development of the Golden Gate Golf Course Project 80412 within the County Wide Capital Fund (301). The source of funding is a transfer from the General Fund. Once the planning and zoning is completed for the housing site, the infrastructure sales tax can reimburse the Park's Impact Fee Fund 346 for the cost of the housing parcel. GROWTH MANAGEMENT IMPACT: The proposals may have to go through a conditional use amendment process to allow for the proposed use. The selected proposers would work with the County's planning and engineering firm and the Growth Management Department to facilitate the development of the former Golden Gate Golf Course. Through this development process community compatibility, property use, and transportation needs will be considered. LEGAL CONSIDERATIONS: This item is approved as to form and legality and requires majority vote for Board approval. -SRT RECOMMENDATION: That the Board review staffs ranking of the proposals submitted in response to ITN No. 20-7698 concerning a Housing and Land Development component at the former Golden Gate Golf Course and direct the County Manager's office to begin contract negotiations with the selected firm. PREPARED BY: Geoff Willig, Operations Analyst, Collier County Manager's Office ATTACHMENT(S) 1.20-7698 Housing ITN Solicitation final (DOCX) 2. (linked) McDowell Housing Partners Proposal (PDF) Packet Pg. 343 06/09/2020 3. (linked) Rural Neighborhoods Proposal (PDF) 4. (linked) JHM Financial Group Proposal (PDF) 5. (linked) Gorman Company Proposal (PDF) 6. (linked) Ability Housing Proposal (PDF) 7. (linked) Framework Group Proposal (PDF) 8.20-7698 Final Ranking (PDF) 9.2020-05-20 Draft Conceptual Site Plans (PDF) Packet Pg. 344 11.A 06/09/2020 COLLIER COUNTY Board of County Commissioners Item Number: I LA Doe ID: 12009 Item Summary: ***This item to be heard immediately following Item 7*** Recommendation to review staffs ranking of the proposals submitted in response to Invitation to Negotiate ("ITN") No. 20- 7698 concerning a Housing and Land Development component at the former Golden Gate Golf Course and direct the County Manager's office to begin contract negotiations with the selected firm. (Geoff Willig, Operations Analyst) Meeting Date: 06/09/2020 Prepared by: Title: Operations Analyst — County Manager's Office Name: Geoffrey Willig 05/29/2020 5:01 PM Submitted by: Title: County Manager — County Manager's Office Name: Leo E. Ochs 05/29/2020 5:01 PM Approved By: Review: Procurement Services Procurement Services Procurement Services Community & Human Services County Attorney's Office Office of Management and Budget Budget and Management Office County Attorney's Office County Manager's Office Board of County Commissioners Opal Vann Level 1 Purchasing Gatekeeper Sandra Herrera Additional Reviewer Evelyn Colon Additional Reviewer Cormac Giblin Additional Reviewer Scott Teach Level 2 Attorney Review Debra Windsor Level 3 OMB Gatekeeper Review Mark Isackson Additional Reviewer Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Nick Casalanguida Level 4 County Manager Review MaryJo Brock Meeting Pending Completed 06/01/2020 7:56 AM Completed 06/01/2020 8:36 AM Completed 06/01/2020 8:39 AM Completed 06/01/2020 10:29 AM Completed 06/02/2020 9:19 AM Completed 06/02/2020 9:40 AM Completed 06/02/2020 10:23 AM Completed 06/02/2020 11:18 AM Completed 06/02/2020 4:01 PM 06/09/2020 9:00 AM Packet Pg. 345 11.A.1 Collier County Administrative Services Department Procurement Services Division COLLIER COUNTY BOARD OF COUNTY COMMISSIONERS INVITATION TO NEGOTIATE (ITN) FOR HOUSING AND LAND DEVELOPMENT COMPONENT AT THE FORMER GOLDEN GATE GOLF COURSE SOLICITATION NO.: 20-7698 EVELYN COLON, PROCUREMENT STRATEGIST PROCUREMENT SERVICES DIVISION 3295 TAMIAMI TRAIL EAST, BLDG C-2 NAPLES, FLORIDA 34112 TELEPHONE: (239) 252-2667 evelyn.colon@colliercountyfl.gov (Email) This solicitation document is prepared in a Microsoft Word format (Rev 8/7/2017). Any alterations to this document made by the Vendor may be grounds for rejection of proposal, cancellation of any subsequent award, or any other legal remedies available to the Collier County Government. Packet Pg. 346 11.A.1 SOLICITATION PUBLIC NOTICE INVITATIOIN TO NEGOTIATE (ITN) NUMBER: 20-7698 PROJECT TITLE: DTTDT T!'� DDn7 A TL` D A DTN DCUTD /D2\ AFFORDABLE HOUSING AND LAND DEVELOPMENT COMPONENT AT THE FORMER GOLDEN GATE GOLF COURSE ITN OPENING DAY/DATE/TIME: January 14, 2020 AT 3:OOPM PLACE OF ITN OPENING: PROCUREMENT SERVICES DIVISION 3295 TAMIAMI TRAIL EAST, BLDG C-2 NAPLES, FL 34112 All proposals shall be submitted online via the Collier County Procurement Services Division Online Bidding System: hllps://www.bidsync.com/bidsync-cas/ INTRODUCTION As requested by the County Manager's Office (hereinafter, the "DEPARTMENT"), the Collier County Board of County Commissioners Procurement Services Division (hereinafter, "COUNTY") has issued this Invitation to Negotiate (hereinafter, "ITN") with the intent of obtaining proposals from interested and qualified firms (hereinafter, "OFFERORS") in accordance with the terms, conditions and specifications stated or attached. The OFFEROR, at a minimum, must achieve the requirements of the Specifications or Scope of Work stated. It is the intent to develop a portion of the recently purchased Golden Gate Golf Course property for deed restricted rental affordable housing. These components are part of a larger redevelopment project of the former golf course. The goal of this element is to provide housing on approximately 20-30 acres of the property with between 200-400 deed restricted rental units. The property is depicted in Attachment A — Location Map. OFFERORS are encouraged to be creative and to develop the property in a way that is aesthetically pleasing and of high architectural quality. In addition, the OFFEROR must produce a product that will be affordable to households earning between 30-80% of Area median income. Qualified renters may be restricted by occupation but may allow for flexibility for households with higher incomes. The COUNTY is requesting proposals from qualified OFFERORS to work with the DEPARTMENT and our contracted planning and engineering firm to identify the appropriate space for affordable rental housing on the property. One of the primary objectives would be for the OFFEROR to develop, manage, and operate the affordable housing component at no cost to the County. The most qualified firm(s) that offers a proposal that is deemed to be in the County's best interest both economically and operationally will move forward in negotiations for a final contract. The OFFEROR is expected to manage the facility without County subsidy. The County would contribute to the project by providing the land through a land lease through the Community Land Trust. Additional funding may be available through private donations received by the Community Foundation of Collier County (hereinafter "Community Foundation"), and other existing County, State, or Federal grants or fee deferral programs. The form of the land participation will be determined in the contract negotiations. BACKGROUND The former Golden Gate Golf Course is approximately 167 acres that was developed as an 18-hole golf course between 1963 and 1973. The property is on the southwest corner of the intersection of Collier Boulevard and Golden Gate Parkway in Collier County within the Golden Gate City Economic Development Zone. The County is developing a new amateur sports and entertainment complex less than a mile away from this location. The location is also less than a mile from the intersection of I-75 and Collier Boulevard. The County took ownership of the former Golden Gate Golf Course on July 31, 2019. Through solicitation RFS 19-7650 the COUNTY sought a planning and engineering firm to work with the County to rezone the property and maximize its use. The County intends to include space for affordable housing, a State veterans nursing home, and a golf component on the property. The Collier County Board of County Commissioners (hereinafter "BOARD") recognized the value of having a partner early in the development process that can ensure the needs of an affordable rental housing component are adequately considered in the layout of the property. The BOARD directed staff to develop this ITN to solicit an entity to work with the DEPARTMENT and the contracted planning and engineering firm in the development process and to ultimately design, manage, and operate affordable rental housing component of the property. A non-profit partner may be viewed more favorably and may be able to solicit Community Foundation participation. Z H a� c .N 0 x m L 0 v 0 as 0 0 N 0 c c 0 0 0 Cn z H_ a� c 0 x 0 0 to 0 N c a) E z U W a The Community Foundation has indicated that they are willing to discuss providing private donor funding to all OFFERORS subject to meeting their goals and objectives. A letter of intent from the Community Foundation is included with this solicita Packet Pg. 347 11.A.1 B. The letter of intent identifies the criteria that must be met in order to be considered a beneficiary of the private donor funs Ine Community Foundation can provide for this project. OFFERORS should contact the Community Foundation ahead of submission to determine if they will receive this funding and include a confirmation letter with the Financial Capability section of their proposal. A packet of information applicable to the property is available at the County's online bidding system. hl�2s://www.bidsync.com/bidsync-cas/. TERM OF CONTRACT County reserves the right to modify this scope during negotiations for budgetary reasons. The contract term, if awarded would be determined during the negotiation period. Firms should present innovative and creative concepts as part of their proposals. The County seeks to maintain ownership rights to the land Z H DETAILED SCOPE OF WORK c 1. Proposals may be viewed favorably if each of the minimum development requirements listed below are included in the offer .N 'o resulting from this ITN. _ m L 2. The selected OFFEROR will work with the DEPARTMENT through the planning and engineering phase to ensure that the c appropriate space is incorporated into the layout of the property. The following goals/objectives identify what the County desires V to accomplish with this partnership. OFFERORS are encouraged to show creativity and originality in their proposals. For c example, those proposals offering a variety of unit types and income levels containing all the uses listed may rate higher than a proposal with only some of the uses. Additionally, proposers may also pledge to achieve performance outcomes beyond theCD minimum. The minimum affordable requirements include: c N • Workforce housing with rental rates equivalent to 30-80% of area median income v • Between 200 — 400 rental workforce housing units c • Provide a minimum of 10% of units identified for seniors, veterans. Considerations for those with special needs will be c viewed favorably C • All units would be reserved for Essential Services employees and their families such as: teachers, fire fighters, sheriff's �° officers, nurses, and EMTs, etc. Further restrictions may be identified by the Community Foundation n • Variety of rental units including studio, 1 bedroom, 2 bedroom, and 3 bedroom units Cn • A design that is compatible with the community and the surrounding neighbors Z H 3. All proposals should respond to the criteria below and should outline the OFFEROR'S financial capability and stability, the delivery team's qualifications and expertise, past and present experience, and capability and capacity to deliver the business plan .3 presented in the following format: _ • Cover Letter / Management Summary 00 m • Business Plan &Approach c • Support of Community Objectives N • Past and Present Experience of the Firm • Financial Capability of the Firm d E • Qualifications and Specialized Expertise of Team Members • Local Vendor Preference W a 4. Proposals should thoroughly explain the proposed approach, unique features or functions to be constructed, any anticipated obstacles in development, generally outline how the project will benefit the community, and how the proposer will work with the planning and engineering firm hired by the County. The proposal and backup material shall describe in detail the requested terms and identify conceptual size and scale of the project. INVITATION TO NEGOTIATE (ITN) PROCESS 1.1 The OFFEROR will submit the proposal which will be scored based on the criteria in Scoring Criteria for Ranking Proposals, which will be the basis for short -listing the firms. The OFFEROR will need to meet the minimum requirements outlined herein in order for their proposal to be evaluated and scored by the County. The County will then grade, rank, and short-list firms. The COUNTY will issue an invitation for oral presentations to the BOARD for final selection. Upon BOARD selection the COUNTY will begin con Packet Pg. 348 11.A.1 with the selected OFFEROR. A contract will be developed with the selected OFFEROR and submitted for approval y me BOARD. 1.2 The COUNTY will use a Selection Committee in the first phase of the ITN selection process. 1.3 The intent of the scoring of the proposal is for OFFERORS to indicate their interest, plan, relevant experience, financial capability, staffing and organizational structure. 1.4 Subsequent to the selection committee ranking, the shortlisted OFFERERS will then have the opportunity to present to the BOARD. Oral presentations provide the OFFERORS an opportunity to share their vision, experience, capability, and expertise with the BOARD ahead of final selection. 1.5 Based upon a review of the presentations and proposals, the BOARD will select the top OFFEROR(S) to negotiate as authorized in Section 11, Paragraph 7 of County Procurement Ordinance Number 2017-08. 1.6 The COUNTY reserves the right to negotiate any element of the proposals in the best interest of the County. a� SCORING CRITERIA FOR RANKING PROPOSALS: N 0 1.7 For the development of a shortlist, this evaluation criterion will be utilized by the COUNTY' S Selection Committee to score = each proposal. Proposers are encouraged to keep their submittals concise and to include a minimum of marketing materials. i Proposals must address the following criteria: c v Evaluation Criteria Maximum Points c 1. Cover Letter / Management Summary 0 Points (9 2. Business Plan & Approach 25 Points CD 3. Support of Community Objectives 15 Points c 4. Past and Present Experience of the Firm 20 Points N 5. Financial Capability of the Firm 20 Points 6. Qualifications and Specialized Expertise of Team Members and Firm 10 Points 7. Local Vendor Preference 10 Points TOTAL POSSIBLE POINTS 100 Points o Each criterion and methodology for scoring is further described below. ***Proposals must be assembled, at minimum, in the order of the Evaluation Criteria listed or your proposal may be deemed non -responsive*** EVALUATION CRITERIA NO. 1: COVER LETTER/MANAGEMENT SUMMARY (0 Total Points) Provide a cover letter, signed by an authorized officer of the firm, indicating the underlying philosophy of the firm in providing the services stated herein. Include the name(s), telephone number(s) and email(s) of the authorized contact person(s) concerning proposal. Submission of a signed Proposal is Vendor's certification that the Vendor will accept any awards as a result of this ITN. EVALUATION CRITERIA NO. 2: BUSINESS PLAN & APPROACH (25 Total Points) In this tab, include but not limited to: OFFEROR shall provide information about the planned approach as it relates to the development, management, and operation of a housing component at the former Golden Gate Golf Course. 1. Project Scope a. The proposal should provide a written description of the project, accompanied by a conceptual site plan showing proposed building(s), parking areas and how the development will interface with the surrounding areas. In addition, proposed unit size including studio, 1 bedroom, 2 bedroom, and 3 bedroom units should be provided along with any planned amenities. 2. Timeline a. The proposal must clearly identify approximate milestones that will be included in the land acquisition and development agreement such as the due diligence period, site development, building permits, Packet Pg. 349 through to the Certificate of Occupancy. 3. Site Specific Criteria a. Upon approval of moving forward with this ITN the Board of County Commissioners agreed the following criteria should be mandated in the development of the project. In preparation of this proposal it is important the following criteria is included for consideration: • Quantify desired density • Identify all dwelling types and if more than one type is proposed provide unit type ratios. • Define project set -asides of more than 10% for seniors, veterans, essential employees and their families such as: teachers, fire fighters, sheriff's officers, nurses, and EMTs, etc. • Identify methods that would be used to verify occupational requirements • Define the proposed building height, setbacks, and other compatibility features that will work with the community. 4. Any Additional Information a. Include other relevant information about the project that has not been addressed in the previous questions that the proposer would like the present to the Board in support of the proposal. b. The intent of this phase of the screening process is to identify a project that a majority of the Board can support moving forward to a detailed lease and development agreement. Should your proposal be selected, the lease and development agreement will incorporate specific milestones in the development process. The Board's acceptance of a proposal shall not constitute approval of future zoning, if needed for the project to be developed. EVALUATION CRITERIA NO. 3: SUPPORT OF COMMUNITY OBJECTIVES (15 Total Points) In this tab, include but not limited to: OFFEROR shall provide information to how the planned approach will be compatible with the neighbors of the property and compliment the County's redevelopment goals of Golden Gate City and the Community Housing Plan. The OFFEROR should describe and illustrate how the development would generally benefit the community, surrounding areas and the County as a whole. Include as many conceptual visuals as possible such as site plans, renderings, and elevations, as applicable. In addition, please provide a description of how the proposed project meets the housing affordability needs per the Collier County Community Housing Plan. EVALUATION CRITERIA NO.4: PAST AND PRESENT EXPERIENCE THE FIRM (20 Total Points) In this tab, include but not limited to: OFFEROR shall provide examples of previous experience developing, managing, and operating similar affordable housing facilities. These examples should demonstrate proof of concept, sustained success, and reliable operation of previous or current facilities. • Provide information that documents your firm's qualifications to produce the required deliverables, including abilities, capacity, skill, and financial strength and number of years of experience in providing the required services. • Describe the various team members' successful experience in working with one another on previous projects. • Provide information that documents your firm's experience working with other communities and Community Foundations The COUNTY encourages but does not require the OFFEROR to provide 3 but not more than 10 references from other communities/projects in which they currently do business or have done business in the past ten (10) years. Provide information on the projects completed by the vendor that best represent projects of similar size, scope and complexity of this project using the Reference Form provided. Vendors may include two (2) additional pages for each project to illustrate aspects of the completed project that provides the information to assess the experience of the Proposer on relevant project work. EVALUATION CRITERIA NO. 5: FINANCIAL CAPABILITY OF THE FIRM (20 Total Points) In this tab, include but not limited to: Z H a� c .N 0 x m 0 c� 0 as 0 0 N c 0 0 2 0 Cn Z H aM c 0 x 0 0 to 0 N C d E z U M a OFFEROR shall demonstrate the professional and financial capacity of the firm. The COUNTY is seeki Packet Pg. 350 11.A.1 will not require any County subsidy. OFFERORS shall demonstrate their ability of the firm to operate the facility apart from County funding. 1. Financing a. The proposal must provide a general financing plan, or any other potential financing configuration needed for the project. In addition, the Financing information provided should include at the minimum the following: Forecast of construction costs and financing plan Proformas for rental and proposed rates Proposed funding sources, contingencies, timeframes and likelihood of success in securing funding. b. The proposer should submit a financing plan that demonstrates the proposer's financial ability to successfully lease and complete the development of the parcel. • Balance sheet that will reveal the current financial status of the business • OFFEROR shall provide financial reports for a minimum of five (5) years of history with similar endeavors to demonstrate the financial stability of the proposer • Creditworthiness to demonstrate the capability of the firm to construct, capitalize, and operate the facility • List by case name and number all pending litigation in which the firm is involved as a party or OFFEROR'S officers are involved as parties in their official capacity. Additionally, list any arbitrations the OFFEROR is involved in as a party and include the name, location (address of the arbitrator(s)) for each listing EVALUATION CRITERIA NO. 6: QUALIFICATIONS & SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM (10 Total Points) In this tab, include but not limited to: OFFEROR shall demonstrate the professional qualifications and expertise delivered by project delivery team. OFFEROR shall explicitly identify members of the team and rolls they will play in delivery of the proposal as they relate to the to the criteria listed in criterion #4 above. • Description of the proposed contract team and the role to be played by each member of the team • Attach brief resumes of all proposed project team members who will be involved in the management of the total package of services, as well as the delivery of specific services • Attach resumes of any partners and attach letters of intent from partners with the submission • OFFEROR shall provide information that documents the firm's and partners' qualifications to produce the required deliverables, including abilities, capacity, skill, and financial strength, number of years of experience in providing the required services, and required licenses and certifications • OFFEROR shall provide information that documents the firm's qualifications and expertise delivering affordable rental housing • OFFEROR shall provide information that documents if the firm is a registered non-profit The proposal must include a description of the firm/team, including locations of offices, the person responsible for contracting services, and the location of the contracting authority. Include a list of the qualified professional team members and qualifications of associates proposed to perform and/or assist with the work to oversee the project. Identify the names and provide resumes of proposed management members that will supervise the project, including an organizational flow chart, if available, showing the working relationship of the management structure. The proposal shall submit a portfolio of projects of similar size and scope completed and or managed by the firm or team. EVALUATION CRITERIA NO. 7: LOCAL VENDOR PREFERENCE (10 Total Points) Local business is defined as the vendor having a current Business Tax Receipt issued by the Collier or Lee County Tax Collector prior to proposal submission to do business within Collier County, and that identifies the business with a permanent physical business address located within the limits of Collier or Lee County from which the vendor's staff operates and performs business in an area zoned for the conduct of such business. VENDOR CHECKLIST ***Vendor should check off each of the following items as the necessary action is completed (please see, Form 2: Vendor Check List): The Solicitation Submittal has been signed. z H a� c .N 0 x m L 0 0 as 0 0 N T_ 0 c c 0 z H a� c 0 0 x 0 0 to ti 0 N c d E z U cc a The Solicitation Pricing Document (Bid Schedule/Quote Schedule/Proposal Pricing/etc.) has been completed and atfachad Packet Pg. 351 11.A.1 All applicable forms have been signed and included, along with licenses to complete the requirements of the project. Any addenda have been signed and included. Affidavit for Claiming Status as a Local Business, if applicable. Division of Corporations - Florida Department of State — http:Hdos.myflorida.com/sunbiz/ (If work performed in the State). E-Verify/Immigration Affidavit (Memorandum of Understanding). Packet Pg. 352 11.A.8 001 e-r Caynty AdministAve Services Division Procurement Services Selection Committee Scoring Tabulation ITN #: 20-7698 Title: HOUSING AND LAND DEVELOPMENT COMPONENT AT THE FORMER GOLDEN GATE GOLF COURSE Tie Breaker Name of Firm Cormac Giblin Geoff Willig Bendisa Marku Deborah Lorriane Lantz Total Scores (Sandra Herrera Forester and Sarah Hamilton) McDowell Housing Partners/Collier County Community Land Trust/National Community Renaissance of California 95 86 98 90 79 448.00 1 Rural Neigborhoods, Inc. 93 80 91 85 87 436.00 2 JHM/RHD Naples, LLC 93 85 96 80 82 436.00 3 Gorman & Company, LLC 83 81 85 74 80 403.00 4 Ability Housing, Inc. 741 811 751 671 641 361.00 1 5 Framework Group LLC 711 681 741 601 691 342.00 1 6 Procurement Professional Evelyn Colon Page 1 of 1 Packet Pg. 353 LAND USE SUMMARY RECEIVING DOCK 1 11.A.9 I 20' BUILDING SETBACK USE ACREAGE % OF AREA % OF SITE FUTURE DEVELOPMENT AREA #1 (PRE -TAKING) ±2.0 ACRES AREA REMAINING AFTER R.O.W. TAKING ±1.6 ACRES 1.0 DEVELOPABLE AREA ±1.6 ACRES 100 FUTURE DEVELOPMENT AREA #2 ±8.3 ACRES 5.1 DEVELOPABLE AREA ±8.3 ACRES 100 FUTURE DEVELOPMENT AREA #3 (PRE -TAKING) ±111.9 ACRES AREA REMAINING AFTER R.O.W. TAKING ±109.9 ACRES 67.2 EXISTING WATER MANAGEMENT 3A ±3.0 ACRES 2.7 FUTURE WATER MANAGEMENT 3B ±18.8 ACRES 17.1 DEVELOPABLE AREA ±88.1 ACRES 80.1 FUTURE MAINTENANCE / CART PARKING ±0.9 ACRES 0.8 FUTURE DEVELOPMENT AREA #4 ±18.7 ACRES 11.4 FUTURE WATER MANAGEMENT 4B ±3.7 ACRES 19.8 DEVELOPABLE AREA ±15.0 ACRES 80.2 FUTURE DEVELOPMENT AREA #5 (PRE -TAKING) ±26.7 ACRES AREA REMAINING AFTER R.O.W. TAKING ±25.1 ACRES 15.4 EXISTING WATER MANAGEMENT 5A ±1.5 ACRES 6.0 DEVELOPABLE AREA ±23.6 ACRES 94.0 TOTAL SITE AREA BEFORE R.O.W. TAKING ±167.5 ACRES TOTAL SITE AREA AFTER R.O.W. TAKING ±163.5 ACRES 100 TOTAL WATER MANAGEMENT AREA ±27.0 ACRES 16.5 OPTIONAL FUTURE DEVELOPMENT AREA #1 ±6.2 ACRES OPTIONAL FUTURE DEVELOPMENT AREA #2 ±0.4 ACRES 71 FUTURE DEVELOPMENT AREA 45 " AFFORDABLE HOUSING (406 TOTAL UNITS) (OPTIONAL 450 TOTAL UNITS) 35' MINIMUM BUILDING SETBACK 960 PARKING SPACES PROVIDED CLUBHOUSE AND POOL 4-STORY HOUSING (84 UNITS) (TYPICAL) 2-STORY HOUSING (22 UNITS) (TYPICAL) REMOVE MAINTENANCE YARD AND COMBINE WITH THE PUD SITE #7 i a 5A 3A 3B #10 , ACCESS ,� "E'R 1,-vZl- PUBLIC TRANSIT 2-STORY HOUSING (22 UNITS) RESERVATION AREA (OPTIONAL 4-STORY WITH 44 UNITS TOTAL) DIE 43N Radio Road, Suite 201 Naples, Florida 34104 P: 239.434.6060 DAVIDSON Company Cert. of Authorization ENGINEERING No. 000094% ESTABLISHED 1997 ng FUTURE DEVELOPMENT AREA #4 GUY WIRE EASEMENT M3 FUTURE DEVELOPMENT AREA #3 COLLIER COUNTY GOLDEN GATE GOLF COURSE AND BIG SHOTS 38,000 SF MAINTENANCE AREA (5,000 SF BUILDING AND CART PARKING) 362 PARKING SPACES PROVIDED #11 - - r 2-STORY HOUSING (22 UNITS) ti (OPTIONAL 4-STORY WITH 44 UNITS TOTAL) TRAFFIC SIGNAL/ MEDIAN OPENING/ m BRIDGE RELOCATION 4 ACRE RIGHT-OF-WAY EXPANSION COLLIER COUNTY GOLDEN GATE GOLF COURSE CONCEPT FIT STUDY 1 om.uerrancesco 401 #4 3B #1 4B FUTURE NURSING CLINIC (168 NURSING BEDS) 25' BUILDING SETBACK PUBLIC TRANSIT RESERVATION AREA 70 PARKING SPACES PROVIDED 1. - CONNECTION TO z EXISTING ROADWAY a1 c - CELL TOWER SITE WATER TREATMENT PLANT � N r O � O Z U O m � o N � v 1 to c ca a - PUBLIC TRANSIT ��'' RESERVATION AREA U) FUTURE DEVELOPMENT AREA #2 c v - OPTIONAL FUTURE c DEVELOPMENT AREA #2 0 RESTAURANT PARCELLO N OPTIONAL FUTURE 0 DEVELOPMENT AREA #1 N HOTEL PARCEL N 15' TYPE B BUFFER c RESERVATION PARKING E SPACES (88 PROVIDED) 0 _ m C.R. 951 (COLLIER BOULEVAIRD) 7r 20' TYPE D BUFFER Q 10' TYPE A BUFFER ti FUTURE DEVELOPMENT 39THSTSW AREA #1 EXISTING BRIDGE TO BE REMOVED m EXISTING ACCESS TO BE REMOVED z SCALE 1:400 SHEET NO REVISIONS DESCRIPTION Packet Pg. 354 1 11.A.9 I LAND USE SUMMARY USE ACREAGE % OF AREA % OF SITE FUTURE DEVELOPMENT AREA #1 (PRE -TAKING) ±2.0 ACRES AREA REMAINING AFTER R.O.W. TAKING ±1.6 ACRES 1.0 % DEVELOPABLE AREA ±1.6 ACRES 100% FUTURE DEVELOPMENT AREA #2 ±8.3 ACRES 5.1 % DEVELOPABLE AREA ±8.3 ACRES 100% FUTURE DEVELOPMENT AREA #3 (PRE -TAKING) ±111.9 ACRES AREA REMAINING AFTER R.O.W. TAKING ±109.9 ACRES 67.2 % EXISTING WATER MANAGEMENT 3A ±3.0 ACRES 2.7% FUTURE WATER MANAGEMENT 3B ±18.8 ACRES 17.1 DEVELOPABLE AREA ±88.1 ACRES 80.1 FUTURE MAINTENANCE / CART PARKING ±0.9 ACRES 0.8% FUTURE DEVELOPMENT AREA #4 ±18.7 ACRES 11.4 % FUTURE WATER MANAGEMENT 4B ±3.7 ACRES 19.8% DEVELOPABLE AREA ±15.0 ACRES 80.2% FUTURE DEVELOPMENT AREA #5 (PRE -TAKING) ±26.7 ACRES AREA REMAINING AFTER R.O.W. TAKING ±25.1 ACRES 15.4 % EXISTING WATER MANAGEMENT 5A ±1.5 ACRES 6.0% DEVELOPABLE AREA ±23.6 ACRES 94.0% TOTAL SITE AREA BEFORE R.O.W. TAKING ±167.5 ACRES TOTAL SITE AREA AFTER R.O.W. TAKING ±163.5 ACRES 100% TOTAL WATER MANAGEMENT AREA ±27.0 ACRES 16.5% OPTIONAL FUTURE DEVELOPMENT AREA #1 ±6.2 ACRES OPTIONAL FUTURE DEVELOPMENT AREA #2 ±0.4 ACRES TVA r FUTURE DEVELOPMENT AREA #5 " AFFORDABLE HOUSING (406 TOTAL UNITS) (OPTIONAL 450 TOTAL UNITS) 35' MINIMUM BUILDING SETBACK 960 PARKING SPACES PROVIDED CLUBHOUSE AND POOL 4-STORY HOUSING (84 UNITS) (TYPICAL) 2-STORY HOUSING (22 UNITS) (TYPICAL) REMOVE MAINTENANCE YARD AND COMBINE WITH THE PUD SITE a 5A 3A 3B #10 , ACCESS � 20' TYPE D BUFFER PUBLIC TRANSIT 2-STORY HOUSING (22 UNITS) RESERVATION AREA (OPTIONAL 4-STORY WITH 44 UNITS TOTAL) DIE 43N Radio Road, Suite 201 Naples, Florida 34104 P: 239.434.6060 DAVIDSON Company Cert. of Authorization ENGINEERING No. 000094% ESTABLISHED 1997 ng RECEIVING DOCK FUTURE DEVELOPMENT AREA #4 GUY WIRE EASEMENT M3 FUTURE DEVELOPMENT AREA #3 COLLIER COUNTY GOLDEN GATE GOLF COURSE AND BIG SHOTS 38,000 SF MAINTENANCE AREA (5,000 SF BUILDING AND CART PARKING) 401 PARKING SPACES PROVIDED #11 - - r C.R. 951(COLLIER BOULEVARD) 2-STORY HOUSING (22 UNITS) ti (OPTIONAL 4-STORY WITH 44 UNITS TOTAL) i TRAFFIC SIGNAL/ MEDIAN OPENING/ m BRIDGE RELOCATION 4 ACRE RIGHT-OF-WAY EXPANSION COLLIER COUNTY GOLDEN GATE GOLF COURSE CONCEPT FIT STUDY 2 om.uerrancesco #4 4B #1 3B Q� l O Q f O O O PRE -CAST WALL/ J LANDSCAPING/ ti 39THSTSW NETTING Z EXISTING BRIDGE m TO BE REMOVED (' 20' BUILDING SETBACK FUTURE NURSING CLINIC (168 NURSING BEDS) 25' BUILDING SETBACK PUBLIC TRANSIT RESERVATION AREA 70 PARKING SPACES PROVIDED - CONNECTION TO z EXISTING ROADWAY - CELL TOWER SITE WATER TREATMENT PLANT O 0) Z O a m c°� � rn o N z SCALE 1:400 PUBLIC TRANSIT N RESERVATION AREA am a FUTURE DEVELOPMENT AREA #2 Q. RESERVATION PARKING SPACES (88 PROVIDED) c v - OPTIONAL FUTURE c DEVELOPMENT AREA #2 L RESTAURANT PARCEL N OPTIONAL FUTURE o DEVELOPMENT AREA #1 N HOTEL PARCEL N E s Q FUTURE DEVELOPMENT AREA #1 EXISTING ACCESS SHEET NO REVISIONS DESCRIPTION Packet Pg. 355 1 11.A.9 I LAND USE SUMMARY USE ACREAGE % OF AREA % OF SITE FUTURE DEVELOPMENT AREA #1 (PRE -TAKING) ±2.0 ACRES AREA REMAINING AFTER R.O.W. TAKING ±1.6 ACRES 1.0 DEVELOPABLE AREA ±1.6 ACRES 100 FUTURE DEVELOPMENT AREA #2 ±8.3 ACRES 5.1 DEVELOPABLE AREA ±8.3 ACRES 100 FUTURE DEVELOPMENT AREA #3 (PRE -TAKING) ±111.9 ACRES AREA REMAINING AFTER R.O.W. TAKING ±109.9 ACRES 67.2 EXISTING WATER MANAGEMENT 3A ±3.0 ACRES 2.7 FUTURE WATER MANAGEMENT 3B ±18.8 ACRES 17.1 DEVELOPABLE AREA ±88.1 ACRES 80.1 FUTURE MAINTENANCE / CART PARKING ±0.9 ACRES 0.8 FUTURE DEVELOPMENT AREA #4 ±18.7 ACRES 11.4 FUTURE WATER MANAGEMENT 4B ±3.7 ACRES 19.8 DEVELOPABLE AREA ±15.0 ACRES 80.2 FUTURE DEVELOPMENT AREA #5 (PRE -TAKING) ±26.7 ACRES AREA REMAINING AFTER R.O.W. TAKING ±25.1 ACRES 15.4 EXISTING WATER MANAGEMENT 5A ±1.5 ACRES 6.0 DEVELOPABLE AREA ±23.6 ACRES 94.0 TOTAL SITE AREA BEFORE R.O.W. TAKING ±167.5 ACRES TOTAL SITE AREA AFTER R.O.W. TAKING ±163.5 ACRES 100 TOTAL WATER MANAGEMENT AREA ±27.0 ACRES 16.5 OPTIONAL FUTURE DEVELOPMENT AREA #1 ±6.2 ACRES OPTIONAL FUTURE DEVELOPMENT AREA #2 ±0.4 ACRES FUTURE DEVELOPMENT AREA #5 AFFORDABLE HOUSING (406 TOTAL UNITS) (OPTIONAL 450 TOTAL UNITS) 35' MINIMUM BUILDING SETBACK 960 PARKING SPACES PROVIDED CLUBHOUSE AND POOL 4-STORY HOUSING (84 UNITS) (TYPICAL) 2-STORY HOUSING (22 UNITS) (TYPICAL) ACCESS REMOVE MAINTENANCE YARD AND COMBINE WITH THE PUD SITE #7 i a 5A 3A 3B #10 , 20' TYPE D BUFFER PUBLIC TRANSIT 2-STORY HOUSING (22 UNITS) RESERVATION AREA (OPTIONAL 4-STORY WITH 44 UNITS TOTAL) DIE 43N Radio Road, Suite 201 Naples, Florida 34104 P: 239.434.6060 DAVIDSON Company Cert. of Authorization ENGINEERING No. 000094% ESTABLISHED 1997 ng GUY WIRE EASEMENT FUTURE DEVELOPMENT AREA #3 COLLIER COUNTY GOLDEN GATE GOLF COURSE AND BIG SHOTS 38,000 SF MAINTENANCE AREA (5,000 SF BUILDING AND CART PARKING) 401 PARKING SPACES PROVIDED 3B #11 - - r C.R. 951(COLLIER BOULEVARD) 2-STORY HOUSING (22 UNITS) v (OPTIONAL 4-STORY WITH 44 UNITS TOTAL) i TRAFFIC SIGNAL/ MEDIAN OPENING/ m BRIDGE RELOCATION 4 ACRE RIGHT-OF-WAY EXPANSION COLLIER COUNTY GOLDEN GATE GOLF COURSE CONCEPT FIT STUDY 3 om.uerrancesco 3B FUTURE DEVELOPMENT AREA #4 #1 4B 4B � 3B � O � O h" p Q� l O Q f CDO O PRE -CAST WALL/ J LANDSCAPING/ ti 39THSTSW NETTING Z EXISTING BRIDGE m TO BE REMOVED (' PUBLIC TRANSIT RESERVATION AREA o O Z m CONNECTION TO z EXISTING ROADWAY - CELL TOWER SITE WATER TREATMENT PLANT 20' BUILDING SETBACK FUTURE NURSING 3 U CLINIC (144 NURSING BEDS) 0 c� FUTURE DEVELOPMENT #2 CDAREA all z SCALE 1:400 r - PUBLIC TRANSIT RESERVATION AREA c 25' BUILDING SETBACK a CLINIC PARKING y SPACES (66 PROVIDED) Q. RESERVATION PARKING SPACES (88 PROVIDED) c v - OPTIONAL FUTURE c DEVELOPMENT AREA #2 0 RESTAURANT PARCEL N OPTIONAL FUTURE o DEVELOPMENT AREA #1 N HOTEL PARCEL N C 4) E s Q FUTURE DEVELOPMENT AREA #1 EXISTING ACCESS SHEET NO REVISIONS DESCRIPTION Packet Pg. 356 11.A.9 DAVIDSON E N G I N E E R I N G ESTABLISHED 1997 May 20, 2020 To: From: Reviewed By: Subject: Civil Engineering • Planning • Permitting MEMORANDUM Client Jessica Harrelson, AICP Josh Fruth, Vice President CC GGGC — CONCEPT FIT STUDY CONCEPT FIT STUDY 1 esigning xcellence Future Development Area #1 - Total of ±1.6-acres (after assumed ±0.4-acre ROW taking) - Construction of 88 Reservation Parking Spaces (interconnected to hotel parcel) Future Development Area #2 - Total of ±8.3-acres - Development based on Client wants/needs Future Development Area #3 - Total of ±109.9-acres (after assumed ±2.0-acre ROW taking) - 12-hole golf course - Big Shots (60 Bays) - 38,000 SF maintenance area (5,000 SF maintenance building) - 362 parking spaces o Big Shots: 4.5 - 5.5 spaces per bay @ 60 bays = 270 / 330 spaces (TBD by Big Shots) o Golf Course: 4 spaces per hole @ 12 holes = 48 spaces Future Development Area #4 - Total of ±18.7-acres - VA Nursing Home (168 beds assumed) o 2-story nursing home buildings, 1-story dining and 1-story facilities building - Water Treatment Plant/ Cell Tower to remain (guy wire easements shown) - Access/Water Management locations to be finalized with further coordination regarding guy wires & existing utility easement within this development area. To be confirmed. - 70 parking spaces provided o 2 spaces required per 5 beds @ 168 beds = 67 spaces required Future Development Area #5 - Total of ±25.1-acres (after assumed after ±1.6-acre ROW taking) - 406 Affordable Housing Development (1,2- & 3-bedroom mix) 0 7 two-story buildings (16,412 SF footprint) 0 3 four-story buildings (32,016 SF footprint) o Option of 44 additional units (conversion of 2 two-story bldgs. into four -stories), with new total of 450 units 4365 Radio Road - Suite 201 - Naples, FL 34104 - P: (239) 434.6060 Packet Pg. 357 11.A.9 35' building setback from adjacent residential provided 960 parking spaces provided 0 2 spaces per unit @ optional 450 units = 900 spaces o Additional 60 spaces provided for clubhouse/pool/guest & overflow CONCEPT FIT STUDY 2 Future Development Area #1 - Total of ±1.6-acres (after assumed ±0.4-acre ROW taking) - Future commercial development (To be determined) Future Development Area #2 - Total of ±8.3-acres - 88 reservation spaces - Development based on Client wants/needs (To be determined) Future Development Area #3 - Total of ±109.9-acres (after assumed ±2.0-acre ROW taking) - 12-hole golf course - Big Shots (60 Bays) - 38,000 SF maintenance area (5,000 SF maintenance building) located between holes 1 & 2 - 401 parking spaces provided o Big Shots: 5.5 spaces per bay @ 60 bays = 330 spaces o Golf Course: 4 spaces per hole @ 12 holes = 48 spaces Future Development Area #4 - Total of ±18.7-acres - VA Nursing Home (168 beds assumed) o 2-story nursing home buildings, 1-story dining and 1-story facilities building - Water Treatment Plant/ Cell Tower to remain (guy wire easements shown) - Access/Water Management locations to be finalized with further coordination regarding guy wires & existing utility easement within this development area. To be confirmed. - 70 parking spaces provided o 2 spaces required per 5 beds @ 168 beds = 67 spaces required (70 provided) Future Development Area #5 - Total of ±25.1-acres (after assumed after ±1.6-acre ROW taking) 406 Affordable Housing Development with optional 450 total units (1,2- & 3-bedroom mix) 0 7 two-story buildings (16,412 SF footprint) 0 3 four-story buildings (32,016 SF footprint) o Option of 44 additional units (conversion of 2 two-story bldgs. into four -stories), for total of 450 units 35' building setback from adjacent residential provided 960 parking spaces provided 0 2 spaces per unit @ optional 450 units = 900 spaces o Additional 60 spaces provided for clubhouse/pool/guest & overflow 2 Packet Pg. 358 11.A.9 CONCEPT FIT STUDY #3 Future Development Area #1 - Total of ±1.6-acres (after assumed ±0.4-acre ROW taking) Future commercial development (To be determined) Future Development Area #2 - Total of ±8.3-acres VA Nursing Home (144 beds assumed) o 2-story nursing home buildings, 1-story dining and 1-story facilities building 20' bldg. setback from adjacent residential provided 88 reservation spaces provided - 66 Nursing Home spaces provided o 2 spaces required per 5 beds @ 144 beds = 58 spaces required Future Development Area #3 - Total of ±109.9-acres (after assumed ±2.0-acre ROW taking) - 12-hole golf course - Big Shots (60 Bays) - 38,000 SF maintenance area (5,000 SF maintenance building) located between holes 1 & 2 - 401 parking spaces o Big Shots: 5.5 spaces per bay @ 60 bays = 330 spaces o Golf Course: 4 spaces per hole @ 12 holes = 48 spaces Future Development Area #4 - Total of ±18.7-acres - Development based on Client wants/needs (To be determined) Water Treatment Plant/ Cell Tower to remain (guy wire easements shown) - Access/Water Management locations to be finalized with further coordination regarding guy wires & existing utility easement within this development area. To be confirmed. Future Development Area #5 - Total of ±25.1-acres (after assumed after ±1.6-acre ROW taking) - 406 Affordable Housing Development (1,2- & 3-bedroom mix) 0 7 two-story buildings (16,412 SF footprint) 0 3 four-story buildings (32,016 SF footprint) o Option of 44 additional units (conversion of 2 two-story bldgs. into four -stories), with new total of 450 units 35' building setback from adjacent residential provided 960 parking spaces provided 0 2 spaces per unit @ optional 450 units = 900 spaces o Additional 60 spaces provided for clubhouse/pool/guest & overflow Overall Concept Fit Study Site Information (all concepts) ■ Total Site Area: ±167.5 — acres ■ Assumed ROW Taking: ±4-acres ■ Total WM Area: ±27-acres (16.5%) 3 Packet Pg. 359 MCDOWELL HOUSING PARTNERS HELP An AffiG'aie of KcDawell Praperffes NOUSINC. EDUCATION. LENDING PROGRAMS Fairway Meadows at Golden Gate Collier County Solicitation #20-7698 *14.W. Vk - Imo_-•�' — L AL 40 s ts,r Cv -per C;014"ty Miami, FL 33131 www.mcdprop.com Cover Letter January 28, 2020 Evelyn Colon Procurement Services Division Collier County 3295 Tamiami Trail East, Bldg C-2 Email: evelyn.colon e colliercountyfl.gov Re: PROPOSAL FOR DEVELOPMENT OF APPROXIMATELY 400 AFFORDFBALE/WORKFORCE HOUSING UNITS ON THE FORMER GOLDEN GATE GOLF COURSE (SOLICITATION NO: 20-7698) To whom it may concern: The joint -venture respondent/vendor team of McDowell Housing Partners, LLC ("MHP"), Collier County Community Land Trust ("CCCLT"), and, Nation Community Renaissance of California ("CORE") (hereinafter collectively referred to as `The Development Team, are extremely pleased to submit a proposal to develop 408 workforce apartments on a 26-acre portion of the former Golden Gate Golf Course. The Development Team applauds Collier County and the Community Foundation of Collier County on their progressive initiatives to address the housing crisis head on! There are very few places where the current housing crisis is more apparent than within Collier County. Market forces in the County make it nearly impossible to build new housing that the low-income and middle class workforce families can afford. Wages have not risen at same rate as the cost of housing, as a result there is an evident lack in housing options for low-income residents as well the middle-class workforce who do not qualify for tax credit subsidized housing because they earn above the County's standard 60% AMI, yet cannot afford the class A+ high end luxury apartments being built throughout the County. The Development Team brings forth the requisite discipline, experience, local knowledge, and most of all passion, to deliver a quality, sustainable attainable housing community in partnership with Collier County and the Community Foundation of Collier County. The Development Team has an established track record of successfully working with Collier County. MHP has successfully secured scarce/competitive funding for Bembridge Apartments within 4 months of executing a Development Agreement with the County under ITN 19-7556. The CCCLT is led by a team of experienced local professionals whose mission is to provide and preserve affordable housing opportunities while combating neighborhood deterioration. CORE is the third largest 501(c)(3) non-profit developer and operator of affordable housing in the nation. Their experience managing subsidized housing assets will ensure the development's long- term viability and success. Overall, the Development Teams' deep financial capacity, multifamily operating expertise, and a local presence that will undoubtedly be necessary to successfully deliver such a major development in a timely fashion. We understand the County and Community Foundation's objective for this development is to serve a broad range of income levels between 30% - 120%, specifically the Essential Services Personnel who truly make Collier County thrive. Therefore, the Development Team devised a multiphase plan that we believe will deliver the greatest public benefit to the widest array of underserved the County's citizens. Nonetheless, the Development Team maintains a resolute commitment to work in full collaboration with the County, Community Foundation, Golden Gate neighbors, and community stakeholders throughout the two-step development process outlined within Addendum #3. If that process indicates that a singular (non -phased) 100% workforce development is desired and feasible the Development Team will commit to deliver. The approach of working from the "inside out" has proven to be a key element underlying our reputation and success as a distinguished public/private partnership housing developers. Collier County Aptly named Fairway Meadows, the general development program consist of 17 three-story garden buildings, each consisting of 24 units (408 total units) on approximately 26 acres at the southern end of Collier Boulevard. The location within the golf course was strategically selected by the Development Team and Davidson Engineering, as most suitable given its less valuable commercial frontage in comparison to the land closer to Golden Gate Parkway, and a resulting lower impact on the surrounding single-family neighborhood. Phase I will consist of 264-408 workforce units (no tax credits) with rents set at 80% of the Area Median Income. Phase I will be owned by a CORE and/or CCCLT, both 501(c)(3) not -fox -profits to ensure viability with the Community Foundation donor requirements. Rents will effectively be rent controlled at 80% AMI across the developments units. However, families and individuals earning up to 120% of the County's AMI shall qualify to reside at Fairway Meadows. Essential Service Personnel (ESP) and employees will have a preference for all units, provided we do not discriminate against protected classes under the Fair Housing Act. Covenants will be recorded under the long-term ground lease and/or the Community Foundation's grant/loan funding. CCCLT will take the lead responsibility for marketing toward ESP and ensuring compliance of the income restrictions. County resources, including County land, are extremely limited; we believe they should be conveyed in a matter that provides the greatest public benefit, including housing for the low and extremely -low income levels where demand is drastically outweighs supply. Phase II shall consist of 96-144 units financed chiefly through the Low -Income Housing Tax Credit (LIHTC) program -- the best financing available for housing restricted to income levels at or below 60% AMI. With the goal to be good stewards of public resources, the LIHTC program allows the County to serve income levels between 30%-80% of the County AMI, thereby delivering a greater public benefit than solely 80% AMI rents which are in line with class B and C market rate properties. The Development Team is extremely proficient within Florida's LIHTC program and will pursue various LIHTC structures (i.e. 9% or 4% with tax-exempt bonds) to ensure we deliver the LIHTC units on a similar timeline. The Phase I and II units will be identical and feature granite countertops; plywood cabinets; ceramic and/or luxury vinyl tile flooring; full-size energy star appliances including range, refrigerator microwave, and dishwasher; and LED lighting throughout. Community amenities will consist of a large stand-alone clubhouse for each phase with large heated pool, fitness center, playground, and of course Fairway Meadows will include a golf training facility. The Development Teams' proposal conscientiously incorporates the following goals and objectives within our commitment to provide the Collier County's essential service employees and veterans with quality, safe, and sustainable communities to call home: • Strategically utilize the least valuable acreage on the Golden Gate Country Club land to minimize negative impact on the surrounding single-family neighbors with large landscape buffers and comparable massing • Be the best stewards of public resources by serving the broadest income spectrum (30% - 120% AMI) with a clear focus and commitment to Essential Service Personnel • Utilize a non-profit owner and rent -controlled structure/program to meet the Community Foundation donor requirements • Integrate the newly established Collier County Community Land Trust into the development team and process • Provide a realistic and sustainable financing and operating plan to ensure long-term viability and sustainability. o Including: concrete construction, emergency generators, green building certification, and market -rate amenities • Work in a spirit of collaboration and transparency with Collier County to develop the most suitable development program • Maximize the economic benefit to Collier County: o Provide a land payment of $1,000,000 - $3,000,000 in land lease payments o Increase Collier County tax revenues with payment of fully assessed property, sales, and income taxes ($475,000 est. annually) o Development Team will pay for pre -development expenses including upfront planning and engineering cost for PUD rezoning o Create both permanent and temporary jobs for Collier County residents FAIRWAY MEADOWS AT GOLDEN GATE — JANUARY 2020 ■ Commit to utilize Minority Business Enterprise (MBE) and Women Business Enterprise (WBE) for subcontractors and vendors ■ Commit to hiring local (County) labor, subcontractors, and vendors ■ Provide a construction trade training program for local residents In summary, the Development Team embodies the passion, commitment, and expertise necessary develop a product that will be a true asset to Collier County in perpetuity. We appreciate your consideration and look forward to your feedback. Sincerely, Christopher Shear, McDowell Housing Partners Michael Puchalla Collier County Community Land Trust Michael Ruane National CORE FAIRWAY MEADOWS AT GOLDEN GATE — JANUARY 2020 Table of Contents I. Cover Letter...............................................................................................................................................1 II. Business Plan & Approach........................................................................................................................ 4 Affordable Housing Market Project Scope Timeline Site Specific Criteria Any Additional Information III. Support of Community Objectives............................................................................................................. 9 IV. Past and Present Experience of the Firm.................................................................................................12 V. Financial Capability of the Firm...............................................................................................................12 VI. Qualifications and Specialized Expertise of Team Members...................................................................18 VII. Local Vendor Preference...........................................................................................................................19 Business Plan & Approach The Housing Crisis From coastal economic hubs to Midwestern industrial towns, cities have experienced rising rents that have not been matched by wage increases. For middle-class renters who cannot qualify for subsidized housing, finding affordable apartments on the market has become more challenging by the year. Market forces in most cities are making it nearly impossible to build new housing that the middle class can afford — and the gap between subsidized low-income housing and high -end apartments is wider than ever. Renters need to earn $21.50 an hour in Florida to afford a modest, two - bedroom apartment, according to the National Loan Income Housing Council. This leaves renters at the lowest income levels and in the middle class unable to afford a place to live in most U.S. cities. The need for new high quality affordable housing throughout the country is unquestionable. In fact, there is not a single county in the United States that can fill 100% 795M of its low-income population's need for safe, affordable housing. Because of the shortage shortage of affordable rental homes for low-income renter of affordable and available homes, many lower income households spend more on housing households than they can afford without sacrificing other necessities. Of Florida's 3 million low-income households, over 1.94 million spend more than 30% of their income on housing, and are considered cost burdened. Of these low-income, cost burdened households, over 1.12 million are severely cost - burdened. Figure 2. Cost Burdened Low -Income Households f n Flonda. 15ou Sh-b-g Center (or Housing Studes 2016.-.I -A Low -Income, Severely Cost Burdened Not Law-Incan In Collier County alone, approximately 40% of households are spending more than a third of their income on mortgage or rent*. If we look at renters and owners aged 65 and over, the statistics are even more L �n� e, alarming. According to the JCHS tabulations of US Census Moderately cost Burdened Bureau, 50% of the entire senior population is cost burdened. Moreover, 30% of senior renters are severely cost burdened (paying more than 50% of income on housing). 'Is esx� $iz s+sss su sxas. re�ss � eiw sPo zsa s''a � Ms sx+,es o ur,os s+a i x ssa.e s+s°ss sl ao riffs s+s+< rasa slew rest s+o as snse s+e sa ho-gedmom Mowing WegaN 1.114 Less rhan $IS W $t$ O� m less tl�an S20.00 � $2000 or More FAIRWAY MEADOWS AT GOLDEN GATE - JANUARY 2020 4 In an effort to provide the best results, the Development Team will employ a holistic approach to work with the County, Community Foundation, and other stakeholders in full transparency and collaboration. We see the first step of the "Invitation to Negotiate" as an opportunity to collect and connect ideas, analyze site conditions and the rezoning/entitlement process, devise the most beneficial/desired rent and income restrictions, review concept site plans and master plans, and ownership/operational structure. McDowell Housing Partners is already working with Davidson Engineering on the Bemrbridge public -private partnership development. MHP and CORE are also pending Florida Housing Finance Corporation approval of SAIL financing plus 4% LIHTC for Villa Verde, a 160 unit senior (62+) affordable housing development near Physicians Regional on Collier Blvd. Therefore, the Development Team has an established relationship with Davidson Engineering that will allow us to move quickly out of the gate to define the commence the entitlement and zoning process. Davidson has indicated that securing a PUD will cost over $100,000 and take upward so of 9 months for the multifamily portion alone. The Development Team commits to pay for the upfront planning and rezoning cost directly, alleviating the County of the financial obligation. Overall, a development project of the proposed scale and size will require significant capital expenditures as well as financial guarantees from construction and permanent lenders. It is imperative the County partner with a firm that has the net worth and liquidity that could exceed $50 MM to make substantial guarantees financial statements. Project Scope The Development Teams' plan consist of 408-units within seventeen (17) twenty-four unit 3 story walk-up buildings with surface parking, an ample clubhouse and open community greenspace connected by walking/biking trails and paths. Conceptually the development is laid out very efficiently on approximately 26-acres. Strategically the location of the development would interfere with the fewest single-family homes currently abutting the golf course. We intend to implement a large vegetative landscape buffer to provide a natural barrier against the single-family homes along 41s, Street SW. Units will feature solid surface countertops; plywood cabinets; ceramic and/or luxury vinyl tile flooring; ceiling fans in all bedrooms and living rooms, impact windows, full-size energy star appliances including range, refrigerator microwave, and dishwasher; washer/dryer hookups in every unit; and LED lighting throughout. Communal amenities will consist of a large heated pool, fitness center, a multipurpose community room/clubhouse, multiple playgrounds, a fit trail, and of course a golf practice facility with putting green. Further, the Development Team pledges to certify the building under an Energy Efficient/Green Building program such as LEED, National Green Building Standards, or Florida Green Building Coalition. The Development Team also commits to including a sufficiently sized generator to withstand future storm activities. As shown in the rendered facades below, our design concepts provides aesthetically pleasing materials such as scored stucco, hardie siding, large architectural brackets, standing seam metal roofs, and louvered aluminum sun shades along a staggered roof line to provide a textured facade. FAIRWAY MEADOWS AT GOLDEN GATE - JANUARY 2020 PHASE II - 120 to 144 LINFC UNRS i Timeline PHASE I - 2561. 280 WORKFORCE UNRS The Development Teams' goal is to deliver at least 408 quality apartment homes as quickly as possible while maintaining the integrity and aesthetics of the development. Based on the determination we are ready and willing to begin making expenditures on planning, architecture, and engineering in advance of having a formal development agreement with the County and/or Community Foundation. Our preliminary schedule for both phases is as follows: Phase T - Workforce Timeline Financing Period: Community Foundation f HUD or Financial Closing Freddie Mac Underwrlfing Execute Development Planning — PUD Rezoning Agreement Submit Proposal Under ]TN: 20-7698 Design: Architecture & Engineering Jan 20 May 20 Jun 20 Oct 20 Consulting and Business Plan Development Phase PerrriRfing & Entitlements Construction Const--ion Commence Completion (14 months) Apr 21 Aug 21 Oct 22 Construction, Management & Ownership Phase FAIRWAY MEADOWS AT GOLDEN GATE - JANUARY 2020 6 Phase II - LIHTC Timeline Execute Development Planning — PUD Rezoning Agreement Submit Proposal Under JTN: 20_7698 Financng Period: Apply for Financing — Secure FHFC Financia LIHTC l Tax Exempt Bonds & SAIL OR 9% Award Underwriting Design: Architecture & Engineering Jan 20 May 20 Jun 20 Oct 20 Consulting and Business Plan Development Phase Site Specific Criteria Pe,ir ing & Entitlements Closing Construction Construction Commence Completion (12 months) Apr 21 Aug 21 Aug 22 Construction, Management & Ownership Phase The Development Team's proposal for the Fairway Meadows covers all the following mandated criteria: • Quantify desired density: o The BCC is seeking proposals which will provide a 350-400 units. • Identify all dwelling types and if more than one type is proposed provide unit type ratios: Phase I Phase II Total Units Estimated Unit Areas 264-312 96-144 1 Bed/ 1 Bath 700 84 48 2 Bed / 2 Bath 900 144 66 3 Bed / 3 Bath 1100 60 24 4 Bed / 4 Bath 1350 24 6 Parking Provided 624 (2 /du) 288 (2/du) • Define project set -asides of more than 10% for seniors, veterans, and/or special needs populations: o The 132 one -bedroom units within both phases will be directly marketed for seniors and veterans. o The total 408 unit development will give preference to Collier County Essential Service Personnel. The Development Team has vetted the limitations of such targeting with legal counsel in relation to the Fair Housing laws. So long do not discriminate against protected classes of people the management plan can implement such strategies and goals. • Identify Methods that would be used to verify occupational requirements: o The CCCLT and their affiliated company HELP have established the methods for targeting and underwriting/verifying the employment and occupational requirements and income limited required for occupancy. • Define the proposed building height, setbacks, and other compatibility features that will work within the community. FAIRWAY MEADOWS AT GOLDEN GATE - JANUARY 2020 7 o The Development Team has kept the massing of the development down to three (3) stories to ensure that it is compatible with the surrounding neighborhood. We are maintaining the County's maximum density of 16 du/ac. Setbacks of 50' with a landscape buffer will provide distinction from the adjacent single family homes. Any Additional Information Fairway Meadows provides flexibility to serve a mixed demographic of seniors and family households at varying income levels between 30% AMI - 80% AMI. A minimum of 15% of units identified for seniors, veterans and/or special needs populations. The unit and income mix is flexible and can change depending on the needs and desire of the community. HUI) release: 4/2412019 2019 Income Limits and Rent Limits Implement on or before 67R2019 Florida Housing Finance Corporation Effective: 472412019 Multifamily Rental Programs (except HOME and SHIP) and CWHIP Homeownership Program FHFC Posled: 51212019 Percentage Income Limit by Number of Persons in Household Rent Limit by Number of Bedrooms in Unit 1 2 3 4 5 6 7 8 9 10 0 1 2 3 4 5 County [Metro} Category Collier County 201/. 10,980 12,549 14,100 15,660 16,920 18,189 19,420 20,660 21,924 23,177 274 294 352 407 454 591 [Naples-Imm01(alee- 25% 13,725 15,675 17625 19575 21,150 22,725 24275 25,W 27,405 28,971 343 357 440 509 569 626 Marco Island MSA) 28% 15,372 17,556 19,740 21,924 23,688 25,452 27,168 28,952 30,694 32AU 364 411 493 570 636 701 30% 16,470 13.810 21,150 23,490 25,380 27,270 29,130 31,020 32,886 34,765 411 441 528 610 681 151 33% 18,117 20,691 23,265 25,839 27,918 29,997 32,043 34,122 36,175 38,242 452 485 581 671 749 827 35% 19,215 21.945 24,675 27,405 29,610 31.815 33,985 36,190 38.367 40,559 480 514 616 712 795 877 40% 21,9fi0 25,080 211 31,320 33,840 36,360 38,848 41,3fi0 43,848 46,354 549 588 705 814 909 1,002 45% 24,705 23.215 31,725 35235 3$070 40,905 43695 46,530 49,329 52,149 617 651 793 916 1022 1127 50% 27,450 31,350 35,250 39,150 42,300 45,450 48,550 51,700 54,810 57,942 666 735 881 1,018 1,136 1,253 60% 32,940 37.620 42,300 46,980 60,760 54,540 58,260 62040 65,772 69,530 823 882 1,057 1,221 1,363 1.503 70% 38,438 43,690 49,350 54,810 59,220 63,630 67,970 72,380 76,734 01,119 960 1,029 1,233 1A25 1,590 1,754 1 78,300 80% 43,920 50.160 56,40D 62,640 67,680 72,720 77,680 82,720 877696 92,707 1,098 1,176 1.410 1,629 1,818 2,005 120% 65,860 75,240 B4,fi00 93,960 101,520 189,Osa 116,520 124A80 131,544 139,061 1,647 1,764 2,115 2443 2,727 3,007 140% 76.8fi0 87780 98,700 109,fi20 118.4d0 127260 135,940 144,760 153.458 162.238 1.921 2,058 2.457 2,850 3.181 3508 *Collier County 2019 Rent and Income FAIRWAY MEADOWS AT GOLDEN GATE - JANUARY 2020 Support of Community Objectives The Development Team believes not only in creating new affordable and workforce housing, but also in preserving the availability and affordability of existing housing for successive renters. Therefore, our approach as affordable and workforce housing developers is to combat neighborhood deterioration in economically disadvantaged neighborhoods by not only promoting the development of new homes, but also the rehabilitation and maintenance of decent housing conditions. This can be accomplished by promoting economic opportunities for low-income residents, making land available for projects and activities that improve the quality of life in these neighborhoods, and by assisting residents of these neighborhoods in improving the safety and well-being of their community. Similarly to the Golden Gate City Plan, our goal is to strengthen the quality of life in the surrounding area, and promote a healthy economy through support of redevelopment and renewal along Golden Gate Parkway and within the designated Activity Center. In addition, we commit to protecting the natural environment and to promote the ecologically sound use of land and natural resources and the long-term health and safety of the community. The development proposal will conscientiously incorporate the objectives within our commitment to provide individuals, families and seniors with quality, safe, and sustainable communities to call home. As shown in the rendered facades below, our design concepts provide aesthetically pleasing materials such as scored stucco, hardie siding, large architectural brackets, standing seam metal roofs, and louvered aluminum sun shades along a staggered roof line to provide a textured fagade. FAIRWAY MEADOWS AT GOLDEN GATE - JANUARY 2020 Below is a similar rendering for the Bembridge project, which is being developed under the partnership of MHP and Collier County: Similar to Bembridge, this proposed Development will meet all federal requirements and state building code requirements, including the following: • Florida Accessibility Code for Building Construction as adopted pursuant to Section 553.503 of the Florida Statutes; • The Fair Housing Act as implemented by 24 CFR 100; • Section 504 of the Rehabilitation Act of 1973; and • Titles II and lII of the Americans with Disabilities Act of 1990 as implemented by 28 CFR 35, incorporating the most recent amendments, regulations and rules. For Site Plan, please see below: PHASE II -12010 144 LIHTC UNITS 8 PHASE I - 25610 280 WORKFORCE UNITS FAIRWAY MEADOWS AT GOLDEN GATE - JANUARY 2020 10 'Oi §illi8 1IkI•, xAa �� /oo I = o I ppI(�gx ® II A 1 � P 8ilrilli`3 rPl I AL �? m Ian b.p''J` f_�'•�p'S II aI 4;— Affordable housing —like any other housing development —stimulates state and local economies. When a developer creates affordable housing through new construction or rehabilitation, the community gains jobs through direct, indirect, and induced economic impacts. Once an affordable housing development is built and occupied, the residents create demand for ongoing jobs to meet their needs. Additionally, families living in affordable housing have more discretionary income to spend on food, clothing, and other goods and services, thereby boosting the local economy. In quantitative figures, we are estimating approximately $4,500,000 in impact fees and utility connection fees between Phase I — Workforce and Phase II — LIHTC, as well as approximately $475,000, annually, in total tax liability. These fees correspond to a huge direct benefit to the county and taxing jurisdiction. Community benefits: CountyBenefit Community Benefits of Collier Resident Programs and Services For Families - employment assistance, financial management, and family support coordination. For Seniors - computer training, daily activates, assistance with light housekeeping, shopping, and/or laundry. Taxes The property will be subject to ad valorem taxes. A total tax liability of $475,000 annually is estimated. This is a direct benefit to the county and taxing jurisdiction. Fees The development will be subject to payment of development fees including various building permit, impact, license, and connection fees. These fees will correspond to approximately $4,500,000 between Phase I and Phase 11. Local Jobs MHP is open to implementing a local hiring commitment for subcontractors, vendors, and professionals within Collier County. MHP has already partnered with Davidson Engineering and Stantec, both local fines, for their professional services. Minority and Woman -Owned MHP commits to hire directly and indirectly WIMBE, preferably local W/MBEs. We are open to Business Enterprise negotiating a morespecific participation threshold. Land Lease Payment If we secure an allocation of 9% LIHTC for Phase II, or the development can otherwise support a land payment under another financing structure, MHP will make such payment at simultaneous with closing of the construction financing. Note - as a 9% family development we anticipate the development can support a land payment of approximately $3,000,000 FAIRWAY MEADOWS AT GOLDEN GATE — JANUARY 2020 Past and Present Experience of the Firm Our development team brings more than 50 years of combined experience in working with local government and community stakeholders to envision, plan, develop, manage and operate high -quality affordable housing properties. Our companies share a perspective of long-term investment and stewardship to create and operate sustainable communities. Together, our nationally recognized multifamily experts will work with Collier County and its planning and engineering firms and with the Community Foundation of Collier County to achieve the project's goals. McDowell Housing Partners ("MHP") MHP is the affordable development and investment arm of McDowell Properties, a national multifamily housing investment company focused on the acquisition, management and repositioning of apartment communities in growth markets across the United States. Since 2004 McDowell Properties has capitalized the acquisition, redevelopment, and operation of over 45,000 apartment units ($2.5BN of real estate assets) with a specific focus on in-depth capital improvements, operational efficiencies and community creation to provide more than just "four walls and a roof' to thousands of families across the US. The company has active offices in Dallas, New York, Miami, San Francisco and Raleigh. Our principals average over 20 years of experience in developing, optimizing, operating, and recapitalizing conventional, workforce, and housing Section 42 low-income tax credit housing across the country. Leveraging McDowell Properties' deep in-house operating platforms, including a vertically integrated team of finance, construction, project management, accounting and asset management staff, MHP implements a specific mission to create and preserve high -quality affordable housing communities that provide America's workforce a safe, secure, and sustainable place to call home. At MHP we maintain a keen focus on the creation of innovative and valuable social programs that drive tenant satisfaction within our affordable housing communities. McDowell Housing Partners has established a team of professionals with a long track record of successfully producing and operating rent and income restricted assets. MHP principals and key staff have completed the development of over 3,000 affordable/workforce units, most within Florida. The MHP team has a demonstrated track record of successfully partnering with state and local governments to deliver the essential workforce and affordable communities that house the families and seniors who make communities thrive. With dwindling resources available to supplement the sky rocketing cost and demand for workforce and affordable senior housing it has become extremely challenging to viably structure quality affordable/workforce housing developments within the State of Florida. To be successful development teams must have local development knowledge; employ creative finance techniques and processes; pledge financial capacity and resources to any extent necessary, and uphold a resolute commitment to see the job through. Our experience and strong relationships with the financial partners allow us to secure the most competitive financing terms in the industry. But relationships are often not enough. To mitigate the challenging constraints of developing affordable housing the MHP team relies on in-depth experience of Section 42 of the tax code (LIHTC), creativity in financial structuring, and perseverance to leverage all available sources of funding so we can deliver on time and as promised. All funding applications are prepared in-house, as well as the financial feasibility analysis to determine the appropriate funding structure and sources to use for each project. The MHP team has demonstrated ability utilizing intricate FAIRWAY MEADOWS AT GOLDEN GATE - JANUARY 2020 12 financing products and methods, such as FHA -insured mortgages (221(d)(4) and 223(f) loans, Multi -family Mortgage Revenue Bonds, HOME Investment Partnership loans, Affordable Housing Partnership loan (AHP), Florida's State Apartment Incentive Loan program (SAIL), Community Development Block Grants (CDBG), Tax -Increment Financing (TIF), renewable energy incentives, Department of Revenue sales tax rebates, as well as various other state and local programs. As mentioned in our cover letter, the Development Team has an established track record of successfully working with Collier County. MHP has successfully secured scarce/competitive funding for Bembridge Apartments within 4 months of executing a Development Agreement with the County under ITN 19-7556. National Community Renaissance of California ("CORE") For more than 27 years, CORE has been a thought leader and pioneer in developing sustainable models that leverage community resources in a unique combination of quality developments paired with life -enhancing social services. Headquartered in Rancho Cucamonga, California, CORE was established in 1992 as a 501(c) (3) nonprofit public benefit corporation, to assist local governments by providing affordable housing. Partnering with local governments and housing authorities, CORE has grown to be the nation's third largest nonprofit affordable housing developer, serving more than 25,000 residents in nearly 9,000 units in 85 developments in California, Texas, Florida and Arkansas, including 5 properties in 4 counties in Florida. Hope through Housing Foundation, an affiliate non-profit corporation, provides on - site social services at CORE communities. CORE is a vertically integrated company with in-house planning, development, construction, property management, asset management, compliance, accounting and social programs/services departments. This "in- house" structure allows for strict quality control and cost -savings in all facets of our business. Our philosophy is to not only develop and maintain high -quality affordable housing, but to go well beyond the sticks and mortar and create vibrant communities that are safe and nurturing environments for our residents. CORE typically owns and manages all of its properties, thus ensuring long- term affordability as well as excellent maintenance of high -quality affordable communities. CORE's history is characterized by partnerships with local governments and community stakeholders. Its motto proclaims: "Together, we transform lives and communities." CORE's success in working with its community partners to develop housing to meet specific community needs is demonstrated in cities such as: • Montclair, where CORE worked closely in partnership with the City and community groups to design and develop four apartment properties and revitalize a deteriorated section of town; • San Marcos, where CORE has developed five apartment communities, including one that was specifically intended to provide affordable workforce housing in an upscale suburban neighborhood; • Rancho Cucamonga, our home town, where CORE is currently building its 71h apartment community, four of which provide workforce housing and two are for seniors; and • San Bernardino, where CORE is currently under construction on the 31d phase of an extensive planning and redevelopment project called Arrowhead Grove. The award -winning, multi -phase Arrowhead Grove project was undertaken in partnership with the City of San Bernardino and the Housing Authority and is an excellent example of National CORE's long-term commitment to working with community partners to address local needs. The development site is nearly 40 acres, part of which was aged public housing. The ultimate build -out will include 4 separate apartment communities with a total of 400 units. The first two projects, "Valencia Vista" and "Olive Meadow", serve low-income residents, many of whom used to live in the demolished public housing. The third phase, "Crestview Terrace", is now under construction and will offer FAIRWAY MEADOWS AT GOLDEN GATE — JANUARY 2020 13 workforce housing to families with a range of incomes, including some units that are market rate. The final phase is planned for affordable senior housing. The overall program included planning and design for a school and community center and for economic development in the surrounding blocks. Together with its partners, CORE has truly transformed lives and community in this San Bernardino neighborhood. Collier County Community Land Trust, Inc. ("CCCLT"), Collier County Community Land Trust, Inc. ("CCCLT'�, as affiliated with managed by Housing Development Corporation of SW Florida, Inc. (a/k/a "HELP") has a long history in Collier County helping address the housing needs. The land trust is located at 3200 Bailey Lane Ste. 109, Naples, FL 34105. The CCCLT's mission is to provide decent and affordable housing opportunities for very low, low and moderate income families and individuals that is controlled by the residents on a long term basis. To foster the availability of a combination of owner -occupied and rental housing that meets diverse needs. To preserve the availability and affordability of housing for successive owners and renters through the acquisition of land to be held in perpetuity for the primary purpose of providing affordable homeownership and rental. To combat neighborhood deterioration in economically disadvantaged neighborhoods by promoting the development, rehabilitation, and maintenance of decent housing in these neighborhoods; by promoting economic opportunities for low-income residents of these neighborhoods; by making land available for projects and activities that improve the quality of life in these neighborhoods; and by assisting residents of these neighborhoods in improving the safety and well-being of their community. The Partnership As mission -driven non -profits, CORE and CCCLT cannot ignore the housing crisis in Florida, where too many working families cannot afford a safe and decent place to live. The two non -profits have teamed up with Miami -based MHP to develop housing in Florida to serve families and seniors at a range of income levels. The three companies are compatible in goals, experience and financial strength. MHP brings local market knowledge and relationships with local real estate development professionals. CORE and CCCLT bring best practices for long-term management and service for residents. FAIRWAY MEADOWS AT GOLDEN GATE — JANUARY 2020 14 Financial Capability of the Firm Our team have concluded that the optimal financing strategy is to utilize the Low -Income Housing Tax Credit (LIHTC) as the primary source of capital for the LIHTC Phase of the Development and a 221(d)(4)/Freddie Mac for the Workforce Phase of the Development. The equity generated from the sale of LIHTCs will reduce the required permanent debt needed, and thereby allow the development to serve a larger mix of incomes between 30% — 80% AMI. Please note, units restricted above 80% AMI on average do not generate tax credits and would be challenging to finance. Our goal is to deliver approximately quality apartment homes (in two phases) as quickly as possible. Therefore, we believe it's prudent to pursue multiple competitive financing solicitations that will provide sufficient capital to finance the development. Outlined below are four upcoming Request for Applications (RFA) issued through Florida Housing Finance Corporation (FHFC) that Fairway Meadows is eligible to compete under. FHFC generally staggers the application deadlines beginning in the third quarter of the calendar year. Every year FHFC prioritizes the funding of developments that meet specified goals and preferences as outlined in the respective RFAs. For example, under the competitive solicitation for "9% Housing Credit Financing in Medium Counties" FHFC explicitly prioritized the selection of "Family Demographic Applications that qualify for the Geographic Area of Opportunity." Given the lack of high quality affordable housing throughout both family & senior demographics in Collier County, we need to be flexible to adjust between a family and senior (55+ years) demographic in order to optimize our competitive position. Nevertheless, our goal is to provide at least 10% of the units for seniors, veterans, or special needs but we do not want to preclude ourselves from opportunity to make our application as competitive as possible. In addition, there are multiple other tactics and strategies that we've successfully utilized to increase our competitive advantage within the respective scoring and ranking of FHFC's funding RFAs. Our team will pursue the following funding opportunities for the LIHTC Phase of the development: 1. 9% Housing Credit Financing for Affordable Housing Developments Located in Medium Counties — 9% LIHTC provide the lowest cost and best financing terms available. However, they are extremely competitive. Last year there were 191 apps submitted under this RFA with only 10 developments selected for funding, none within Collier County. Only one development within each Medium County can receive an award. As an experienced FHFC 9% LIHTC developer, we have proven tactics and strategies to optimize our scoring and ranking, and meet the FHFC's preferences/goals to give us the best chances. 2. SAIL Financing with Tax -Exempt Bonds and Non -Competitive 4% Housing Credits — Many developers choose not to pursue this financing structure due to the complexity of the layering multiple sources of funding as well as additional guarantee requirements from FHFC. However, as you will see within Chris Shear's project resume, we have a lot of experience successfully utilizing the competitively allocated SAIL and ELI soft loans that fill the gap in financing when coupled with tax-exempt bond hard debt and 4% LIHTCs. FAIRWAY MEADOWS AT GOLDEN GATE - JANUARY 2020 15 We are expecting more SAIL/ELI funding to be available this year than ever before. Estimating up to $8mm in total funding per project. This option is the second most favorable financing structure behind the 9% LIHTC. 12 of 45 applications were selected for funding in 2018, none in Collier County. One additional benefit is we would agree to utilize the Collier County Housing Finance Agency as the tax-exempt bond issuer. 3. SAIL Financing for the Construction of Workforce Housing — SAIL loan is paired with 4% LIHTCs to fill financing gaps for developments that set -aside of 55% of the units at or below 80% AMI or below. FHFC has historically favored Miami -Dade for this RFA but other Counties have been successful. Given the high area median incomes in Collier County it may be well suited for this financing structure. However, there is a much smaller pool of funding under this RFA. Only $23,939,000 in SAIL was available in 2018; FHFC funded four developments. Collier County HFA would benefit as bond issuer. For the Workforce housing development, our team will utilize either a 221(d)(4) loan, insured by the U.S. Department of Housing and Urban Development (HUD), or a Freddie Mac loan. These are non -recourse, fixed rate loans that offer a 40- year amortization term. Our development team is very experienced with the HUD programs, and we have very close relationships with FHA. As a Freddie Mac Sponsor, MHP also has very close ties with all levels of the organization. The following development financial projections provide a snapshot of the sources and uses for both workforce and 9% LIHTC structures, as well as a preliminary unit mix based on 150 LIHTC Units and 250 Unrestricted: Gu Sources Permanent Loan S 37,600,000 Community Foundation Grant S 10.000.000 GP Equity S 702,626 Total Sources Uses Hard Costs $ 34,452,438 Soft Costs $ 4,391,586 Financing Costs $ 7,832,872 Reserves and Escrows $ 625:731 Land Payment $ 1,000,000 Total Uses ramrWrIMM FAIRWAY MEADOWS AT GOLDEN GATE — JANUARY 2020 16 Sources Permanent Loan $ 12,931,686 LIHTC $ 17,508,249 Collier County Gmt6bubon $ 456,000 Total Sources ' Us es Hard Costs $ 20,679,391 Soft Costs $ 3,123,763 F+nanr+ng Costs $ 5,738,834 Reserves and Escrows $ 353.948 Land Payment $ 1.000.000 Tatral �Tses I ' ' ' Please note the following: • Rents do not reflect utility allowances; Unft 1 111 5 30% $441 111 23 60% $882 V 4 80% $1,176 2i2 8 30% $528 212 41 60% $1,057 212 5 80% $1,410 312 1 8 30% $610 312 25 60% $1,221 312 21 80% $1,629 4J2 2 30% $681 4/2 4 60% $1,363 4!2 41 80%1 $1,818 Total 150 • The FHFC funding RFAs require applicants to provide a minimum local government contribution of approximately $456,000 to be eligible to apply. • Land Payment: $1,000,000 under both scenarios. FAIRWAY MEADOWS AT GOLDEN GATE - JANUARY 2020 17 Qualifications and Specialized Expertise of Team Members Christopher Shear [McDowell Houising Partners Michael Puchalla qnA Collier County Community Land Trust, Inc. Traies Roe National CORE Michael Griffin Fugleberg Koch Anna Ritenour Davidson Engineering Tim Hancock Stantec Developer Developer - 501(c) (3) Local Vendor Developer - 501(c) (3) Architect 0 Engineer MA Surveyor FAIRWAY MEADOWS AT GOLDEN GATE - JANUARY 2020 18 Local Vendor Preference Collier County Community Land Trust, Inc. ("CCCLT', as affiliated with managed by Housing Development Corporation of SW Florida, Inc. (a/k/a "HELP") has a long history in Collier County helping address the housing needs. The land trust is located at 3200 Bailey Lane Ste. 109, Naples, FL 34105. The CCCLT's mission is to provide decent and affordable housing opportunities for very low, low and moderate income families and individuals that is controlled by the residents on a long term basis. To foster the availability of a combination of owner -occupied and rental housing that meets diverse needs. To preserve the availability and affordability of housing for successive owners and renters through the acquisition of land to be held in perpetuity for the primary purpose of providing affordable homeownership and rental. To combat neighborhood deterioration in economically disadvantaged neighborhoods by promoting the development, rehabilitation, and maintenance of decent housing in these neighborhoods; by promoting economic opportunities for low-income residents of these neighborhoods; by making land available for projects and activities that improve the quality of life in these neighborhoods; and by assisting residents of these neighborhoods in improving the safety and well-being of their community. The Collier County Board of Commissioners (BCC) voted to award a contract to HELP on October 22, 2019 to establish a community land trust. Articles of Incorporation for the Collier County Community Land Trust were filed with the Florida Department of State on October 24, 2019. An initial Board of Directors has been seated, and the By Laws are in the approval process. HELP currently serves as the managing entity for the CCCLT, and has the capacity to serve as a fiscal agent until such time as the CCCLT receives 501(c)(3) tax-exempt status. For the purposes of this project, the CCCLT will accept a land lease on the property from Collier County and in turn sublease it to the Leasehold owner Fairway Meadows Collier, LTD. The County and CCCLT can impose various covenants terms and restrictions within the land lease to ensure compliance of goals and objectives under the solicitation. FAIRWAY MEADOWS AT GOLDEN GATE - JANUARY 2020 19 Land Lease Conveyance The CCCLT will also be a development partner. The will receive a portion of the developer fees and will provide a meaningful role in the pre -development, underwriting, community support, and leasing. The organization is equipped and prepared to provide comprehensive tenant recruitment and stewardship services. Housing Development Corporation of SW Florida, Inc, d/b/a HELP, is the only HUD -approved non-profit housing counseling agency in Collier County, Florida. We have provided home buyer education and individual credit/financial counseling since 2008. The current staff consists of 3 highly qualified full-time counselors, a part-time foreclosure intervention specialist, and a part-time home buyer education provider with over 9 years of experience. The three full-time counselors have all completed individual HUD Housing Counselor Certification, and are in the process of completing a comprehensive 12- week Certification in Financial Capability program. Two of the full-time staff, the foreclosure intervention specialist, and the part-time educator are bilingual in English and Spanish. We presently hold at least one 8-hour home buyer education workshop per month, alternating between English and Spanish. In 2019, we had a total of 376 participants in our local home buyer education program. An additional 667 individual financial/credit counseling sessions were conducted. Many of the individuals we see through our education and counseling FAIRWAY MEADOWS AT GOLDEN GATE - JANUARY 2020 20 Collier County Community Land Trust (CCCLT) Board Of Directors as of 0111712020 Stephen Hruby, Architects Unlimited David Ellis, Heatherwood Construction Mary Jo Diegel, Attorney Todd Sabin, SVN I Kova, Commercial Real Estate Mike Prioletti, Baird Wealth Management, Collier County Housing Finance Authority Jenne BuzzaccG-Foerster, Collier County Community Foundation - Government Affairs HELP Board Of Directors as of 01/01/2020 Taylor McLaughlin, President Florida Community Bank 125 Nesbit St Punta Gorda, FL 33950 Christian Davis, Vice President WM J Varian Construction 886 110rr Ave N Naples, FL 34108 Lauren Melo, Treasurer/Secretary Florida Realty Specialists 3035 64m St SW Naples, FL 34105 Tracy Price, FL Hometown Title & Escrow 6621 Willow Park Drtt1 Naples, FL 34109 Spencer Smith, United Way of Collier County 9015 Strada Steil Court, Ste 204 Naples, FL 34109 FAIRWAY MEADOWS AT GOLDEN GATE — JANUARY 2020 21 I I MCDOWELL HOUSING PARTNERS A. AffWareafMcDa LlPraperees REFERENCES Solicitation: 20-7698 Collier County Administrative Services Department Procurement Services Division Reference Questionnaire nent at the Former Gate Golden Course (Name of Company Requesting Reference Information) Christopher Shear, Managing Director of McDowell Housing Partners, LLC was SVP and Lead Developer of Park at Wellington Apartments (Name of Individuals Requesting Reference Information) Name:Mike Boyle, Senior Vice President (Evaluator completing reference questionnaire) Email: mboyle(@.crealic.com FAX: Company:CREA, LLC (Housing Tax Credit Syndicator/Investor) -329- Collier County has implemented a process that collects reference information on firms and their key personnel to be used in the selection of firms to perform this project. The Name of the Company listed in the Subject above has listed you as a client for which they have previously performed work. Please complete the survey. Please rate each criteria to the best of your knowledge on a scale of 1 to 10, with 10 representing that you were very satisifed (and would hire the firm/individual again) and 1 representing that you were very unsatisfied (and would never hire the firm/indivdival again). If you do not have sufficient knowledge of past performance in a particular area, leave it blank and the item or form will be scored "0." Project Description: Park at Wellington Apartments. New Construction two -phase (220 unit) Affordable Housing Development Project Budget: Phase 1 (Three story garden -style walk-up $19 408,969) Phase II (Four story mid -rise withg elevator $18,338,1641 Completion Date: Phase I - 8/28/17 and Phase II 3/l/18 Project Number of Days: Avproximatlev 360 days from closing of tax credit funding to proiect completion per phase. Item Citeria Score I Ability to manage the project costs (minimize change orders to scope). 10 2 Ability to maintain project schedule (complete on -time or early). 10 3 Quality of work. 10 4 Quality of consultative advice provided on the project. 10 5 Professionalism and ability to manage personnel. 10 6 Project administration (completed documents, final invoice, final product turnover; invoices; manuals or going forward documentation, etc.) 10 7 Ability to verbally communicate and document information clearly and succinctly. 10 8 Abiltity to manage risks and unexpected project circumstances. 10 9 Ability to follow contract documents, policies, procedures, rules, regulations, etc. 10 10 Overall comfort level with hiring the company in the future (customer satisfaction). 10 TOTAL SCORE OF ALL ITEMS 100 Tfi Affordable Multi -Family Property Type: Garden -style (walk up) Demographics: Family Number of Buildings: Five buildings with 22 units each. Building Height: Three stories Funding: Competitive 9% LIHTC, Pasco County Loan Development Cost: $19,408,969 Completion Date: August, 2017 Park at Wellington I is the 110-unit first phase of the 220-unit Park at Wellington affordable housing community for working families in Pasco County, Holiday, FL. Amenities include: cyber cafe, resort -style pool, fitness center, playground, dog park, and sports court. Affordable Multi -Family Property Type: Mid -rise (elevator) Demographics: Family Number of Buildings: One Building Height: Four stories Funding: 4% LIHTC, Competitive FHFC SAIL, ELI Loan, Tax -Exempt Bonds Development Cost: $18,338,164 Completion Date: March, 2018 Park at Wellington II is the 110-unit second phase of the Park at Wellington 220-unit affordable housing community for working families in Pasco County, Holiday, FL. Amenities include: cyber cafe, resort -style pool, fitness center, playground, dog park, and sports court. { Collier County Administrative Services Department Procurement Services Division Reference Questionnaire Solicitation: 20-7698 - Housing and Land Development Component at the Former Gate Golden Course PRoposAL Reference Ouestionnaire for: McDowell Housing Partners (Name of Company Requesting Reference Information) Christopher Shear, Managing Director of McDowell Housing Partners, LLC was SVP and Lead Developer of Hammock Ridae I and Hammock Ridge II (Name of Individuals Requesting Reference Information) Name: Ted Hunton, Manager Member (Evaluator completing reference questionnaire) Email: com FAX: Company: Fugleberg Koch, LLC (ARCHITECT OF RECORD) Telephone: (407) 629-0595 Collier County has implemented a process that collects reference information on firms and their key personnel to be used in the selection of firms to perform this project. The Name of the Company listed in the Subject above has listed you as a client for which they have previously performed work. Please complete the survey. Please rate each criteria to the best of your knowledge on a scale of 1 to 10, with 10 representing that you were very satisifed (and would hire the firm/individual again) and 1 representing that you were very unsatisfied (and would never hire the firm/indivdival again). If you do not have sufficient knowledge of past performance in a particular area, leave it blank and the item or form will be scored "0." Project Description: Hammock Ridge is two phase affordable Completion Date: Phase I March 2018, Phase II expected development serving both families and seniors. Phase I — 104 constructoin completion May 2019 family units. Phase II 92 senior units Project Budget: Phase I-19,103,716; Phase II $17,741,462 Project Number of Days: Approximatley 360 days from closing of tax credit funding to proiect completion per phase. Item Citeria Score 1 Ability to manage the project costs (minimize change orders to scope). 10 2 Ability to maintain project schedule (complete on -time or early). 10 3 Quality of work. 10 4 Quality of consultative advice provided on the project. 10 5 Professionalism and ability to manage personnel. 10 6 Project administration (completed documents, final invoice, final product turnover; invoices; manuals or going forward documentation, etc.) 10 7 Ability to verbally communicate and document information clearly and succinctly. 10 8 Abiltity to manage risks and unexpected project circumstances. 10 9 Ability to follow contract documents, policies, procedures, rules, regulations, etc. 10 10 Overall comfort level with hiring the company in the future (customer satisfaction). 10 TOTAL SCORE OF ALL ITEMS 100 Affordable Multi -Family Property Type: Garden- style (walk up) Demographics: Family Number of Buildings: Three buildings with 36 units each. Building Height: Three stories Funding: Competitive 9% LIHTC, Hernando County Loan Development Cost: $19,103,716 Completion Date: April, 2018 The Hammock Ridge community is a 104-unit new construction development servingfamilies in Spring Hill, FL. Amenities include: clubhouse, fully equipped fitness center, computer lab, playground and BBQ station. Affordable Senior 55+ Property Type: Mid -rise (elevator) Demographics: Senior Number of Buildings: One Building Height: Four Stories Funding: Competitive 9% LIHTC Development Cost: $16,400,000 Completion Date: Est. May, 2019 The Hammock Ridge I I is a new 4-story development serving low income senior residents (55+). Amenities include: communal lobby and fully furnished gathering area. Collier County Administrative Services Departrnent Procurement Services Division Reference Questionnaire Solicitation: 20-7698 - Housing and Land Development Component at the Former Gate Golden Course Reference Ouestionnaire for: McDowell Housine Partners (Name of Company Requesting Reference Information) Christopher Shear, Managing Director of McDowell Housing Partners, LLC was SVP and Lead Developer of Hammock Ridge I and Hammock Ridge II (Name of Individuals Requesting Reference Information) Name:Mark Stalker, President Company: Hennessy Construction Services (General (Evaluator completing reference questionnaire) Contractor) Email: mstalker@hcsfl.com FAX: 727.822.5726 Telephone: 727.82 l .3223 Collier County has implemented a process that collects reference information on firms and their key personnel to be used in the selection of firms to perform this project. The Name of the Company listed in the Subject above has listed you as a client for which they have previously performed work. Please complete the survey. Please rate each criteria to the best of your knowledge on a scale of 1 to 10, with 10 representing that you were very satisifed (and would hire the firm/individual again) and 1 representing that you were very unsatisfied (and would never hire the firm/indivdival again). If you do not have sufficient knowledge of past performance in a particular area, leave it blank and the item or form will be scored "0." Project Description: Hammock Ridge is two phase affordable Completion Date: Phase I March 2018: Phase II expected development serving both families and seniors. Phase I — 104 constructoin completion May 2019 family units. Phase II 92 senior units Project Budget: Phase 1-19,103,716: Phase 11$17,741,462 Project Number of Days: Approximatley 360 days from closing of tax credit funding to protect completion per phase. Item Citeria Score 1 Ability to manage the project costs (minimize change orders to scope). 10 2 Ability to maintain project schedule (complete on -time or early). 10 3 Quality of work. l0 4 Quality of consultative advice provided on the project. 10 5 Professionalism and ability to manage personnel. l0 6 Project administration (completed documents, final invoice, final product turnover; invoices; manuals or going forward documentation, etc.) l0 7 Ability to verbally communicate and document information clearly and succinctly. l0 8 Abiltity to manage risks and unexpected project circumstances. 10 9 Ability to follow contract documents, policies, procedures, rules, regulations, etc. 10 10 Overall comfort level with hiring the company in the future (customer satisfaction). 10 TOTAL SCORE OF ALL ITEMS 100 Administrative Services Departrnent Procurement Services Division Reference Questionnaire Solicitation: 20-7698 -Housing and Land Development Component at the Former Gate Golden Course Reference Questionnaire for: McDowell Housine Partners (Name of Company Requesting Reference Information) Christopher Shear, Managing Director of McDowell Housing Partners, LLC was SVP and Lead Developer of Douglas Gardens V Apartments _ (Name of Individuals R questing R nce Information) Name:Jason Pincus, V C{ �_— Company: Miami Jewish Health Systems (non-profit (Evaluator completing ref r ce questionnaire) partner and co -developer of Douglas Gardens V) Email: FAX: 514-8745 Collier County has implemented a process that collects reference information on firms and their key personnel to be used in the selection of firms to pertbrtn this project. The Name of the Company listed in the Subject above has listed you as a client for which they have previously performed work. Please complete the survey. Please rate each criteria to the best of your knowledge on a scale of I to 10, with 10 representing that you were very satisifed (and would hire the firm/individual again) and l representing that you were very unsatisfied (and would never hire the firm/indivdival again). If you do not have sufficient knowledge of past performance in a particular area, leave it blank and the item or form will be scored "0." Project Description: Douglas Gardens V is 110 unit 4-sotry elevator mid -rise development Project Budget: $24,188,445 Completion Date: March 2019 Project Number of Days: Apmoximatlev 360 days from closing of tax credit funding to project completion per phase, Item -"Clit —. . - , _; _ .. _ � .. "Score_:.,;."_ ,- 1 Ability to manage the project costs (minimize change orders to scope). 10 2 Ability to maintain project schedule (complete on -time or early). 10 3 Quality of work. 10 4 Quality of consultative advice provided on the project. 10 5 Professionalism and ability to manage personnel. 10 6 Project administration (completed documents, final invoice, final product turnover; invoices; manuals or going forward documentation, etc.) 10 7 Ability to verbally communicate and document information clearly and succinctly. 10 8 Abiltity to manage risks and unexpected project circumstances. 10 9 Ability to follow contract documents, policies, procedures, rules, regulations, etc. 10 10 Overall comfort level with hiring the company in the future (customer satisfaction). 10 TOTAL SCORE OF ALL ITEMS 100 i� Affordable Senior (62+) Property Type: Mid -rise (elevator) Demographics: Senior Number of Buildings: One Building Height: Four stories Funding: 4% LIHTC, Competitive FHFC SAIL, ELI Loan, Tax -Exempt Bonds Development Cost: $24,188,445 Completion Date: March 2019 Douglas Gardens V is a new 4-story development that will serve senior residents (62+). Amenities include: computer lab, resident services, meals programs, health and wellness services, shuttle services, computer classes, game and movie nights. oer County Administrative Services Depariment Procurement Services Division Reference Questionnaire Solicitation: 20-7698 - Housing and Land Development Component at the Former Gate Golden Course Reference Questionnaire for: McDowell Housing Partners, LLC (Name of Company Requesting Reference Information) Patrick McDowell, Kenneth Lee and Christopher Shear e f In 'duals Requesting Reference Information) ateP tricia Linden` Com an :Wells Faro Bank N.A. P Y g > (Evaluator completing reference questionnaire) (Evaluator's Company completing reference) Email: tricia.lindenawellsfar o.com FAX: Telephone: 949-251-6063 Collier County has implemented a process that collects reference information on firms and their key personnel to be used in the selection of firms to perform this project. The Name of the Company listed in the Subject above has listed you as a client for which they have previously performed work. Please complete the survey. Please rate each criteria to the best of your knowledge on a scale of 1 to 10, with 10 representing that you were very satisifed (and would hire the firm/individual again) and 1 representing that you were very unsatisfied (and would never hire the firm/indivdival again). If you do not have sufficient knowledge of past performance in a particular area, leave it blank and the item or form will be scored "0." Project Description: Abercorn Portfolio (Savannah, GA) Completion Date: January 2019 Project Budget: 18MM acquisitions, 6.7MM rehab Project Number of Days: 2 years Item Citeria Score 1 Ability to manage the project costs (minimize change orders to scope). 10 2 Ability to maintain project schedule (complete on -time or early). 10 3 Quality of work. 10 4 Quality of consultative advice provided on the project. 10 5 Professionalism and ability to manage personnel. 10 6 Project administration (completed documents, final invoice, final product turnover; invoices; manuals or going forward documentation, etc.) 10 7 Ability to verbally communicate and document information clearly and succinctly. 10 8 Abiltity to manage risks and unexpected project circumstances. 10 9 Ability to follow contract documents, policies, procedures, rules, regulations, etc. 10 10 Overall comfort level with hiring the company in the future (customer satisfaction). 10 TOTAL SCORE OF ALL ITEMS 100 Heron on the Bluffs Substantial Renovation Project Exterior- Repairs $ 407,074.00 Asphalt $ 154,733.00 Office Construction $ 44,216.00 Office Furnishings $ 35,096.00 Electrical $ 27,843.00 Signa e $ 39,868.00 Fitness Equipment $ 22,828.00 Fitness Center $ 108,760.00 Pool $ 79,645.00 BBQ $ 71,71 1.00 Maintenance Shop $ 19,165.00 Model $ 5,899.00 Termite $ 8,000.00 Landscaping $ 169,536.00 Tree Removal $ 110,477.00 Fencing $ 29,913.00 Hurricane Damage $ 37,607.00 Total $ 1,372,371.00 HERON C}N THE BLU;L Swimming Pool Leasing Office Exterior ! ■ n Osprey on the Bluffs Substantial Renovation Project Exterior- Repairs $ 804,145.50 Asphalt $ 160,162.00 Office Construction $ 97,610.00 Office Furnishings $ 30,853.00 Electrical $ 32,076.00 Si na e $ 42,849.00 Fitness Equipment $ 20,433.00 Fitness Center $ 72,930.00 Pool Furniture $ 16,394.79 Pool $ 78,850.00 BBQ $ 133,463.00 Maintenance Shop $ 25,285.00 River House Included in exterior Down Unit $ 98,026.00 Foundation Repairs $ 104,857.00 Retaining Walls $ 128,092.00 Model $ 9,467.00 Termite $ 11,500.00 Landscaping $ 234,349.00 Tree Removal $ 170,728.00 Fencing $ 47,721.00 Wooden Pool Deck $ 158,335.00 Hurricane Damage $ 43,749.00 Total $ 2,521,875.29 PREY QH 7HE BLUFFS Swimming Pool Exterior Interior REFERENCES Corler Courru 2Y&flFNhtVe sf� lx�t Pnx. xemeM Ser4icasDrymim Reference Questionnaire Solicitation: 20-7698 Reference Questionnaire for: National Community Renaissance of California (Name of Company Requesting Reference Information) National Community Renaissance of California Ashley Wright & Traies Roe (Name of Individuals Requesting Reference Information) Name:Flavio Nunez Company:City of Rancho Cucamonga (Evaluator completing reference questionnaire) (Evaluator's Company completing reference) Email: Flavio.Nunez@cityofrc.us FAX: Tel: (909) 774-4313 Collier County has implemented a process that collects reference information on firms and their key personnel to be used in the selection of firms to perform this project. The Name of the Company listed in the Subject above has listed you as a client for which they have previously performed work. Please complete the survey. Please rate each criteria to the best of your knowledge on a scale of 1 to 10, with 10 representing that you were very satisifed (and would hire the firm/individual again) and 1 representing that you were very unsatisfied (and would never hire the firm/indivdival again). If you do not have sufficient knowledge of past performance in a particular area, leave it blank and the item or form will be scored "0." Project Description: Villaggio on Route 66 — 166 units Completion Date: October 27, 2009 (final CofO) Project Budget: $43,547,358 Project Number of Days: 412 Days Item Citeria Score 1 Ability to manage the project costs (minimize change orders to scope). 10 2 Ability to maintain project schedule (complete on -time or early). 10 3 Quality of work. 10 4 Quality of consultative advice provided on the project. 10 5 Professionalism and ability to manage personnel. 10 6 Project administration (completed documents, final invoice, final product turnover; invoices; manuals or going forward documentation, etc.) 10 7 Ability to verbally communicate and document information clearly and succinctly. 10 8 Abiltity to manage risks and unexpected project circumstances. 10 9 Ability to follow contract documents, policies, procedures, rules, regulations, etc. 10 10 Overall comfort level with hiring the company in the future (customer satisfaction). 10 TOTAL SCORE OF ALL ITEMS 100 i Inw-vtA AT_ire-- [�ti lic�l'I'I•. [�n - 10220 Foothill Boulevard • Rancho Cucamonga, California 91730 rjWj'A91 t i'' HOPE through HOUSING Together, we transform lives and communities. www.NationalCORE.org Social Services After School and Beyond, HOPE's signature afterschool program, helps children in grades K-8 to complete their homework, improve reading skills, build self- confidence, and develop social skills. Programs Offered An average of 30 children and youth attend daily at Villaggio on Route 66. • KidzLit Balanced Literacy • Virtual Vacations • PeaceBuilders • Daily recreation and nutrition education • Youth -selected clubs Impact on Participants • 74% of children say that After School and Beyond has helped them become a better reader • 95% of parents say that staff work well with the children and youth As part of a greater revitalization effort on Historic Route 66, Villaggio transformed 10.5 acres of underused land into an award -winning community of affordable and market rate apartments. Total Units: 166 • 104 2-Bedroom 62 3-Bedroom Affordability: Mixed Market Rate & Affordable • 35%, 45% and 60% AMI Completed in 2009 Role Owner • Developer • Property Manager Supportive Services Provider Financing Sources • Tax -Exempt Bonds • LIHTC - 4% • City of Rancho Cucamonga RDA Loans • Permanent Loan Onsite Amenities • 5,600 sq. ft. Community Center & Service Kitchen • Centralized Laundry Facilities • Outdoor Patio/Picnic & BBQ Area • Property Management & Maintenance • Computer Lab • Fitness Center • Pool and Spa • Two Playgrounds Awards • 2013 Apartment Assoc. of the Greater Inland Empire Community of the Year, 151-350 units • 2011 National Association of Homebuilders National Finalist for Outstanding Resident Programs • 2010 National Association of Homebuilders BestAffordable Housing Community Corer Cflunty Administrative Services Department Procurement Services Division Reference Questionnaire Solicitation: 20-7698 Reference Questionnaire for: National Community Renaissance of California (Name of Company Requesting Reference Information) National Community Renaissance of California Ashley Wright & Traies Roe (Name of Individuals Requesting Reference Information) Name:Pamela Stoker Company:City of Yorba Linda (Evaluator completing reference questionnaire) (Evaluator's Company completing reference) Email: pstokerkyorba-linda.org FAX: N/A Tel: (714) 961-7105 Collier County has implemented a process that collects reference information on firms and their key personnel to be used in the selection of firms to perform this project. The Name of the Company listed in the Subject above has listed you as a client for which they have previously performed work. Please complete the survey. Please rate each criteria to the best of your knowledge on a scale of 1 to 10, with 10 representing that you were very satisifed (and would hire the firm/individual again) and 1 representing that you were very unsatisfied (and would never hire the firm/indivdival again). If you do not have sufficient knowledge of past performance in a particular area, leave it blank and the item or form will be scored "0." Project Description: Oakcrest Terrace — 69 Units Project Budget: $27,213,767 Completion Date: December 13, 2016 (final CofO) Project Number of Days: 616 Days Item Citeria Score 1 Ability to manage the project costs (minimize change orders to scope). 10 2 Ability to maintain project schedule (complete on -time or early). 10 3 Quality of work. 10 4 Quality of consultative advice provided on the project. 10 5 Professionalism and ability to manage personnel. 10 6 Project administration (completed documents, final invoice, final product turnover; invoices; manuals or going forward documentation, etc.) 10 7 Ability to verbally communicate and document information clearly and succinctly. 10 8 Abiltity to manage risks and unexpected project circumstances. 10 9 Ability to follow contract documents, policies, procedures, rules, regulations, etc. 10 10 Overall comfort level with hiring the company in the future (customer satisfaction). 10 TOTAL SCORE OF ALL ITEMS 100 The affordable housing community of Oakcrest Terrace features 69 beautiful apartment homes located in the Savi Ranch neighborhood of Yorba Linda. The onsite 3,700 square foot community center includes a computer lab, meeting space and an afterschool program. Designed to provide affordable housing options for the local workforce, seniors, veterans and families, Savi Ranch offers residents a neighborhood where they can live, work and play. With a walkability score of 87, Oakcrest Terrace is located near public transit, restaurants, grocery stores, schools, parks and more. Total Units (69 Units) • 151-Bedroom (2) @ 30% AMI; (6) @ 45% AMI; (5) @ 50% AMI; (2) @ 60% AMI • 33 2- Bedroom (4) @ 30% AMI; (12) @ 45% AMI; (2) @ 50% AMI; (2) @ 60% AMI • 21 3- Bedroom (2) @ 30% AMI; (7) @ 45% AMI; (6) @ 50% AMI; (5) @ 60% AMI; (1) Manager's Unit Role Owner • General Contractor • Developer Property Manager • Supportive Services Provider Financing Sources Citibank Permanent Loan Raymond James LIHTC Equity- 9% City of Yorba Linda Citibank Subordinate Debt FHLB AHP Onsite Amenities Basketball Half -Court Community Center Computer Center Laundry Facilities Tot lot Information about the Services Provider Believing that both people and place matter in achieving community -wide well-being, Hope through Housing concentrates on direct services, partnerships, and other resources right in the neighborhoods that need them most. At the individual level, our goal is to see all people thrive —whether that means helping children do well in school, improving families' financial situations, providing supportive services to individuals with special needs, or making it possible for seniors to age with dignity in their own homes. These individual successes add up, influencing the community's quality of life and enabling real change in neighborhoods of poverty, crime, blight, and isolation. HOPE through HOUSING FOUNDATION Together, we transform lives and communities. www.NationaICORE.org I I MCDOWELL HOUSING PARTNERS An AjfiG¢(e ajMCDaweGPraper(ies ARCHITECT RESUME FuGLEBERG Kom AFFORDABLE HOUSING PROFILE Fugleberg Koch has completed over $15 billion dollars in building volume. This includes over 280,000 multi -family dwelling units, 35,000 resort hotel rooms and 15 million square feet of commercial, industrial, and institutional building area. The firm conducts business through its office in Winter Park, Florida (metropolitan Orlando), maintaining registrations in several states throughout the country. The firm's client list includes many major national multi -family and commercial developers. Residential work of the firm represents a broad spectrum of that industry that includes all forms of affordable housing, mid -range apartment complexes, student housing, military family housing and multifamily ownership projects. Fugleberg Koch maintains a staff dedicated to architecture, land planning and interior architecture, making it one of the premier residential design firms in the United States. A highly developed Building Information Modeling (BIM) department and in-house graphic presentation capabilities allow the firm to respond quickly to the urgencies of assignments. Our dedication to sustainability includes numerous LEED certified staff members and certifcations in the Earthcraft and Design for Living programs. Key professionals in the firm are actively involved in regional and municipal planning and zoning boards, and maintain licenses in real estate, building construction, and development. Members of the firm are frequent speakers at national forums and seminars. Throughout its history, the firm has been acknowledged with design awards by the American Institute of Architects, HUD, the United States Air Force, and the Southeast Builders Conference, the Home Builders Association, government agencies and trade organizations. These acknowledgments focus on the overall financial success as well as design excellence. Various current and past affordable housing activities include: 1. Served as Architect of Record for over 6,000 units constructed in Florida under the Federal Tax Credit Initiative during the past ten years. 2. Served as faculty participant in Affordable Housing Management Education Program through Miami Dade Community College under contract to the State of Florida Department of Community Affairs. 3. Participation in Orlando Housing Authory Moving to Work application workshop. 4. Frequent speaker at NAHB, and ULI conferences 5. Member participation on Orlando Municipal Planning and Zoning Board and attendee at NTC Reuse Commission sessions. 6. Member participation on Orlando's Affordable Housing Advisory Board. 7. Provided architectural consulting services to local non -profits on new and renovation initiatives in Central Florida focused at affordable housing production. 8. Architect for over 2,000 units in Central Florida privately developed under affordable criterion as established by local definitions. 9. Active spokesperson at state and regional meetings of HBA on housing design and development. 10. Served on various housing agency and non-profit planning workshops. 11. Christian Service Center - Meals on Wheels Advisory Board. 12. Pro Bono design services to the Orlando Regional Board of Realtors, Art in Architecture affordable housing program. 13. Crossroads Community Revitalization & Development, Inc. Advisory Board. CURRENT & RECENT TAX CREDIT I apartment projects HIBISCUS APARTMENTS Ft. Myers, FL Construction Documents 96 Units Owner: BDG Hibiscus Apartments, LP Orlando, FL LUNA TRAILS Titusville, FL Construction Documents 84 Units, Age Restricted Owner: Housing Trust Group Coconut Grove, FL HAMMOCK RIDGE PHASE I Hernando County, FL Permitting 92 Units Owner: Housing Trust Group Coconut Grove, FL HAMMOCK RIDGE PHASE II Hernando County, FL Permitting 92 Units Owner: Housing Trust Group Coconut Grove, FL THE PARK AT WELLINGTON PHASE II Holiday, FL Completed 110 Units Owner: Housing Trust Group Coconut Grove, FL FUGLEBERG KOCH ARCHITECTURE . PLANNING . URBAN DESIGN FREEDOM GARDENS Brooksville, FL Completed 96 Units Owner: Housing Trust Group Coconut Grove, FL THE PARK AT WELLINGTON PHASE I Holiday, FL Completed 110 Units Owner: Housing Trust Group Coconut Grove, FL VALENCIA GROVES Eustis, FL Completed 144 Units Owner: Housing Trust Group Coconut Grove, FL HAYMON KRUPP El Paso, TX Completed 96 Units Owner: Hunt Development El Paso, TX HACEP RAD El Paso, TX Completed 1650 Renovated Units Owner: Hunt Development El Paso, TX 2555 Temple Trail . Winter Park, FL 32789 . T: 407.629.0595 AA26002103 www.fuglebergkoch.com affi dable 0 siniz workforce I multifamily I single family Apr[4ITFrTI IRF I IRRAN nFcl(;N PI ANNINI; 1 4NDSCAPE ARCHITECTURE . DEVELOPMENT CONSULTING FJGLEBERG KOCH ARCHITECTURE . URBAN DESIGN . PLANNING . LANDSCAPE ARCHITECTURE . DEVELOPMENT CONSULTING M 401 esidential' rdable W c rkforcF Housing Communities The availability of affordable housing for our nation's workforce and families continues to be an important part of a stable and healthy community. Many of us, at some point in our lives, have been qualifying candidates for affordable housing. The affordable consumer seeks the same conveniences as other market segments, such as schools, shopping, parks and accessibility to work. Fugleberg Koch has been a pioneer in affordable and workforce housing since the early 70's. We have extensive experience working with the various government programs, private development strategies and public/ private joint initiatives. Designing affordable communities for people and families that keep towns and cities alive with their hard work, is where we draw the most inspiration. Changing and improving lives for the better is our basic mission as architects. E. WON 4� wool -LT-L �+ -- itttr 111lI ■■ II • - � T elf - �` _y r.. FUGLEBERG KocH C V A L E N C I A GROVE Eustis I Florida A q • 144 Units on 9 Acres • 3,500sf Clubhouse • Affordable Housing Project FUGLEBERG KOCH V A L E N C I A GROVE Eustis I Florida • 144 Units on 9 Acres • 3,500sf Clubhouse • Affordable Housing Project FUGLEBERGKOCH THE LANDINGS AT CARVER PARK Orlando I Florida • Orlando Housing Authority • Rowhomes &Townhomes • Duplex & Quadplex LZ FUGLEBERG KOCH C L U N A TRAILS Titusville I Florida `, N qq • 86 Affordable Rental Units • One 3 Story elevator served building • FHFC Construction Features & NGBS Energy Compliance 77. -A x 10 or - MA �lwow I JL AV as IN 1^7 tie, 40 7N FUGLEBERG KOCH HAMMOCK RIDGE Hernando County I Florida An off 0 ■ L� • 104 Affordable Rental Units • 3 Story wood frame construction • Clubhouse with pool amenities • 4.8 acres FUGLEBERGKocx THE PARK AT WELLINGTON Pasco County I Florida • 1 10 Affordable Rental Units • 5 Buildings, 3 Story Breezeway • 5,040 sf Clubhouse FUGLEBERGKocx THE PARK AT WELLINGTON Pasco County I Florida UMT 81 UMT C1 • 110 Affordable Rental Units • 5 Buildings, 3 Story Breezeway • 5,040 sf Clubhouse I I LOU I I [I 111111111111111PI FUGLEBERG Kocx CITY VIEW AT H U G H E S SQUARE Downtown Orlando I Florida �i • 270 Units, 9 Stories, 250,000 sq. ft. Office Space • 1,000 Car Attached Parking Garage • Orlando Neighborhood Improvement Corp, 40% Affordable, 60% Market Rate • Winner Golden Brick Award - Affordable Housing Development FUGLEBERG KOCH ART AVENUE Orlando I Florida iAEILu 26100111111at =u • 300 Units • 11 Residential Buildings • 5,000 sf Clubhouse and Amenities • Exterior Access Garages with Pedestrian Walkways and Greenspace 1111"'1rr Ili :II>w.r..rrlNIlMf111 ■�r15'■oliid I l■■■■1 IIlI!■!■■■■■■II1 0■■!■■1 41 46 ! ►r.�1I��R.. ,. _ A■ R��i�._ .. .�a . op.;: R FUGLEBERG KOCH GARDEN DISTRICT Simpsonville I South Carolina • 11 Direct Entry 8 Plex Buildings • Clubhouse Building and Pool Amenities • Garage Access and Surface Parking • Courtyards and Greenspace FUGLEBERG KOCH GARDEN DISTRICT Simpsonville I South Carolina w • 11 Direct Entry 8 Plex Buildings • Clubhouse Building and Pool Amenities • Garage Access and Surface Parking • Courtyards and Greenspace FUGLEBERG KOCH BRIDGEWAY APARTMENTS Maryville I Tennessee I. „H• r �Illli I�IIIII! r + �•. d gip' �'' , r` d..-�'...:,, ''�• � rJo+. _-'_w:-?>"'�' �''rc+.. � :.:r � .:4As �'_` �'r'' yu�„'. S� y.,,� .^_,.tea!, •..r. `' Cr'7 �'I - .il , rl :do;__:.:`.ti "�,�.:i �«.+i.. w'l:,. %3S'r }:,�. �r .'.iF•j' J . I�1��r .f.y atl 'r:'p:'r:' � } _ • ,�F Lf1�'rX. C r 14.'."�.��f��'• '�r .. �.,Y2I.4i':.:J -I.: 1. _'/-0rr:. • "R1_Y �r'�'K I r .i ) ��C x it 11 - may, ' � � :.• �Y�J-'S/' �. J..�i�. {s f�r'.'.f�f- k �'_:• �' �'i� r �{ 4� ' (�.�.�'��.sl.� W,, ,�.��'.. •'iR :I, d:� 'sT' 'triyf:,tr � �r,... � `�'� I_ !'. i' „1'� �'i i II I r I 1 I • I +1� � 'll � � • 9 Residential Buildings • 4,800 sf Clubhouse and Amenities • 12 Acres with Pedestrian Walkways, Courtyards and Greenspace I I MCDOWELL HOUSING PARTNERS An AjfiG¢(e ajMCDaweGPraper(ies ENGINEER RESUME DAVIDSON . l I , 11. CELEBRATING YEARS Company Profile From civil engineering of residential or commercial designs, to complete master planning and infrastructure design of a ± 288 acre Industrial Park, or full-time Construction Engineering Inspection, Davidson Engineering (DE) has no limitations on the size and scope of services provided. Our talented team of Professional Engineers, Certified Planners, dedicated Project Managers, and technical design team members are able to manage the design and permitting of any project in South Florida. Our experience has allowed DE to anticipate conflicts for our clients and come up with viable solutions to allow competent and efficient civil and urban/rural designs. Our success is predicated on selecting the best team for each project. Our centrally located office allows us quick access to the region's development agencies and Government Centers. This proximity allows for increased response times for the coordination of face to face meetings. Navigating project designs through complex processes and often numerous permitting agencies is a continued strength of our firm. Civil Engineering Land Planning Davidson Engineering (DE) has been in business for 21+ years in Collier County and has no limitations on the size and scope of services provided. Our talented team of can manage the design and permitting of any project in Collier County. Our Design Team has a proven track record of success in getting the job done for our clients. We will work closely together from the initial design through permitting to expedite the construction process. Navigating project design through complex processes and often numerous permitting agencies is a continued strength of our firm. Additionally, our practice of individualized follow-up with project review staff prior to re -submittals results in fewer lengthy reviews and fast -tracked permitting approvals, thus saving the client both time and money. As a full -service land planning, civil design and permitting firm, DE stands ready to continue delivering projects on time, on budget and in the most cost effective manner possible. Our services include: ■ Civil Design ■ Land Use Master Planning ■ Project Management ■ Construction Engineering Inspection ■ Stormwater and Hydraulic Modeling • Multiple Agency Permitting ■ Planning Studies and Design ■ Traffic Planning and Design ■ Public Utilities Studies Design Naples, FL I Sarasota, FL Main p: 239.434.6060 www.davidsonengineering.com I I MCDOWELL HOUSING PARTNERS A. AffWareafMcDa LlPraperees SURVEYOR RESUME Community Development Empowering Communities (3 Stantec PM Strong communities don't just happen —they're built. They're creatively imagined, collaboratively planned, and readied to face tomorrow with optimism. That's why in Community Development at Stantec, we take our promise to design with community in mind straight to the heart of cities and towns. Whether we're bringing new life to an urban center, transforming a brownfield site into a valuable asset, or developing a new place for families to grow, we balance the needs of today with a passion for tomorrow. John P. Maloney Psm Senior Project Manager, Surveying 5 Stantec Mr. Maloney brings several decades of land surveying expertise in Southwest Florida. His project experience includes utilities, roads, schools, residential, and commercial developments. Mr. Maloney manages surveys as they relate to development, including boundary surveys, subdivision plats, and condominium plats. EDUCATION Bachelor of Science, Land Survey, Michigan Technological University, Houghton, Michigan, 1981 Training: Surveying History of the United States, FSMS, Florida, 2001 Training: Surveying Waterways and Mean High Water, FSMS, Florida, 1992 Training: Florida Laws of the Profession, FSMS, Florida, 2006 Training: Management Development Program, FGCU, Florida, 2000 REGISTRATIONS Professional Land Surveyor #4493, State of Florida MEMBERSHIPS Member, Collier -Lee Chapter, Florida Surveying and Mapping Society AWARDS 2008 Lions International, Mel Carver Award PROJECT EXPERIENCE Boundary Surveys Trust for Public Land*, Collier County, Florida (Project Surveyor) Prepared boundary survey of Section 33, T515, R28E for purchase by a trust. * denotes projects completed with other firms Commercial / Retail Development Freedom Square, Collier County, Florida (Project Surveyor) Responsible for the design, platting, and construction stakeout of a shopping center anchored by Publix, K-Mart, and Carrabba's restaurant. Eagle Creek Commercial Center, Collier County, Florida (Project Surveyor) Responsible for the design, platting and construction stakeout of a shopping center anchored by Winn Dixie. Hollywood 20 Theatres, Collier County, Florida (Project Surveyor) Responsible for the design, permitting, and construction stakeout of a mega -theatre complex. Additionally responsible for ALTA boundary survey. Grand Central Station*, Collier County, Florida (Project Surveyor) Prepared ALTA survey for an existing 18-acre commercial center targeted for redevelopment located in the heart of the City of Naples. Vanderbilt Galleria, Collier County, Florida (Project Surveyor) Responsible for boundary surveys, construction stakeout, and condominium exhibits for 19-acre commercial project including 15 buildings, occupied by restaurants and office space, and 2 parking garages. John P. Maloney Psm Senior Project Manager, Surveying Pine Aire Lakes, Collier County, Florida (Project Surveyor) Responsible for the design, platting, and construction stakeout of an 150-acre commercial subdivision. Project included construction of 3,500 feet of four -lane roadway. Vanderbilt Collection, Collier County, Florida (Project Surveyor) Responsible for ALTA boundary survey and pre - design survey services. Also provided construction stakeout service. Project includes restaurants, fitness center, and upscale shops on a 29.5-acre commercial development. Carrabba's/Amsouth at Freedom Square*, Collier County, Florida (Project Surveyor) Prepared ALTA boundary survey and predesign surveys for this 2.15-acre proposed bank and restaurant site. Florida Motor Sports*, Collier County, Florida (Project Surveyor) Prepared boundary survey of 2.3-acre site and construction stakeout services for new 30,000 square foot showroom. Education Edison Community College, Collier County, Florida (Project Surveyor) Responsible for design, platting, and construction stakeout for the College's 50-acre Collier County campus. Lely Elementary, Collier County, Florida (Project Surveyor) Responsible for the design, platting, and construction stakeout on a 20-acre campus. * denotes projects completed with other firms Pelican Marsh Elementary*, Collier County, Florida (Project Surveyor) Responsible for the construction stakeout for an elementary school campus. Everglades City School*, Collier County, Florida (Project Surveyor) Responsible for the construction stakeout for the renovation of the existing school. Services included piling, building, parking, and ballfield stakeouts. Healthcare Immokalee Health Clinic, Collier County, Florida (Project Surveyor) Responsible for the design, platting, and construction stakeout of the health clinic. Hotels & Resorts Hyatt Regency Coconut Pointe Resort, Lee County, Florida (Project Surveyor) Responsible for the pre -design survey, permitting condominium document preparation, and construction stakeout for the time-share resort. Additionally responsible for the preparation of conservation and drainage easements. Comfort Inn and Suites, Collier County, Florida (Project Surveyor) Responsible for the design and construction stakeout including an ALTA boundary of the project. Ritz -Carlton Golf Lodge, Collier County, Florida (Project Surveyor) Responsible for overseeing construction stakeout of the site infrastructure for the design and ALTA boundary survey for the purchase of this project site in Naples. John P. Maloney Psm Senior Project Manager, Surveying Naples Plaza, Best Western, Collier County, Florida (Project Surveyor) Responsible for the design and construction stakeout that included an ALTA boundary survey Holiday Inn Express*, Collier County, Florida (Project Surveyor) Responsible for the design, survey, and construction stakeout that included an ALTA boundary of the project. Master Planned Communities VeronaWalk, Collier County, Florida (Project Surveyor) Responsible for design surveys and platting of five phases in 785-acre residential community. Also responsible for surveys and stake out of homes within these phases. Andalucia*, Collier County, Florida (Project Surveyor) Responsible for construction stakeout of infrastructure, as-builts, and lot surveying services for a 78-acre, 167-lot single-family subdivision. Serenoa, Collier County, Florida (Project Surveyor) Responsible for boundary survey, pre -design topographic survey, and preparation of DRI, SRA, and SSA descriptions for a 4,200-acre proposed development. Moorings Park, Collier County, Florida (Project Surveyor) Responsible for boundary survey, design surveys, and construction stakeout for skilled nursing facility, chapel, 30-bed expansion of Orchid Terrace building, entrance relocation, six new residential midrise structures, and new information technology building. * denotes projects completed with other firms Madison Park, Collier County, Florida (Project Surveyor) Responsibilities include providing pre -design, platting, condominium exhibit preparation, and construction stake out services for 260-acre residential subdivision currently under construction in Collier County. Project will include 500+/- residential units. Quarry, Collier County, Florida (Project Surveyor) Responsibilities include condominium exhibit preparation, platting, pre -design, and construction stakeout services for 1,900-acre residential subdivision currently under construction in Collier County. Project includes an 18-hole golf course, clubhouse, beach club, and is approved for 2,000+/- units. Mediterra, Phase Three East, Units One and Two, Collier County, Florida (Project Surveyor) Responsible for pre -design, survey, platting, and construction stakeout of this 194-acre residential community. DelaSol, Collier County, Florida (Project Surveyor) Responsible for survey, construction stakeout, and platting for a 147-acre, 270 single-family subdivision. Cedar Hammock*, Collier County, Florida (Project Surveyor) Responsible for construction stakeout and lot surveys for 90 villas and 34 single-family lots. Heritage Greens*, Collier County, Florida (Project Surveyor) Responsible for the construction stakeout and lot surveys for 163 single-family lots and a golf course residential community. John P. Maloney Psm Senior Project Manager, Surveying Naples Heritage*, Collier County, Florida (Project Surveyor) Responsible for construction stakeout and lot surveys for 140 villa units and 100 single-family homes. Highland Woods*, Lee County, Florida (Project Surveyor) Responsible for the construction stakeout and lot surveys for 126 villa units and 34 condominium buildings located in a golf course residential community. Autumn Woods, Collier County, Florida (Project Surveyor) Responsible for the design, construction, and platting of a 250-acre, 500-unit residential community. Project includes lot surveys and building stakeouts. Cape Marco, Collier County, Florida (Project Surveyor) Oversaw the construction of five high-rise condominiums including the surveying for coastal setback exhibits, piling, stakeout and condominium exhibits. Eagle Creek, Collier County, Florida (Project Surveyor) Responsible for preparation of several condominium exhibits, and plats within the 300- acre residential community Pelican Marsh/Tiburon, Collier County, Florida (Project Surveyor) Responsible for the condominium exhibit preparation and platting for several communities within Pelican Marsh. The project site includes three clubhouses and 63 holes of golf. * denotes projects completed with other firms Lely Resort, Collier County, Florida (Project Surveyor) Responsible for the design, construction, and platting of a 2,900-acre residential community that includes 54 holes of golf. Residential Development Traditions, The Golf Residences at Grey Oaks, Collier County, Florida (Project Surveyor) Responsible for construction stakeout, as-builts, and building stakeout services for a 38-acre, 180- unit multi -family residential project. Esplanade at Marco Island, Collier County, Florida (Project Surveyor) Responsible for this mixed -use commercial and residential waterfront project. Responsible for pre - design surveys, ALTA surveys, condominium exhibits, and construction stakeout. Naples Townhomes and LaMajora, Collier County, Florida (Project Surveyor) Responsible for surveys for purchase of property, construction stakeout, and condominium exhibits for mixed -use commercial and residential condominiums in downtown Naples.. Pier 81, Collier County, Florida (Project Surveyor) Responsible for surveys, construction stakeout, and condominium exhibits for multi -family, high- rise condominium Berkshire Park Apartments, Collier County, Florida (Project Surveyor) Responsible for the design and construction of a 17-acre apartment complex. John P. Maloney Psm Senior Project Manager, Surveying Aston Gardens, Collier County, Florida (Project Surveyor) Responsible for the design and construction stakeout of a 413-unit assisted living facility. Saint Croix Apartments, Collier County, Florida (Project Surveyor) Responsible for the design survey and construction stakeout of a 360-unit apartment complex. Water East Naples Water Main Extension, Collier County, Florida (Project Surveyor) Responsible for the design of the water main extension which included the coordination with aerial companies, easement research, and base mapping. Eagle Creek Pump Station and Force Main, Collier County, Florida (Project Surveyor) Responsible for the design of a pump station and forcemain. Project responsibilities included easement research, topographic, and base mapping. * denotes projects completed with other firms Tim Hancock AICP Principal -in -Charge (3 Stantec Tim brings more than 28 years of planning and consulting services to his projects. Having held the position of District 2 Collier County Commissioner from 1994-1998, as well as extensive work with both private and public sector clients throughout his career, he possesses valuable knowledge of all facets of project delivery, from regulatory compliance through project completion. This background assists Tim in assembling and managing multi -disciplinary teams that cover a wide range of disciplines and skills, including planning, architecture, engineering and environmental permitting. Identifying and bringing to bear key resources for his clients, Tim focuses on client service and project delivery in all areas of planning and development, and enjoys using his well -honed public engagement skills when community involvement is sought as part of any project. EDUCATION Bachelor of Arts in Geography, University of South Florida, Florida, 1992 REGISTRATIONS Certified Planner, American Institute of Certified Planners PROJECT EXPERIENCE Stormwater Collier County Stormwater Utility Program, Collier County, Florida (Project Manager, Public Engagement) Responsible for spearheading the planning and execution of a robust public engagement program that included a project -specific website, community workshops and regular updates to the County Commission as well as an on-line survey of residents. Land Planning Collier County Bio-Solids Facility, Collier County, Florida (Project Manager) Tim provided the project management as the lead consultant for the site planning and permitting of a new facility to effectively handle Bio-solids to increase re -use, reduce transportation costs and produce a beneficial by-product through emerging technology for Collier County Solid Waste and Public Utilities. * denotes projects completed with other firms Big Corkscrew Island Regional Park, Collier County, Florida (Project Manager) Tim spearheaded the public information campaign and dynamic community visioning effort for this 160-acre regional park, resulting in a citizen driven design process that culminated in a Master Plan that was approved by the Board of Commissioners in 2016. Collier County Resource Recovery Business Park (RRBP) IPUD Rezone, Collier County, Florida (Project Manager and Principal Planner) Responsible for coordinating all efforts associated with amending the zoning for the 344-acre regional recovery business park to permit additional access points, increase the permitted height within the project, and update all relevant land use documents, including the crafting of the Industrial Planned Unit Development (IPUD) document which will govern the manner in which the project is developed. Tim Hancock AICP Principal -in -Charge New Hope Mixed -Use Planned Unit Development, Collier County, Florida (Senior Planner and Project Manager) Tim was the lead planner and project manager for this 39 acre rezone that will result in a mixed use Planned Unit Development for New Hope Church and a 319 unit market rate residential apartment project. The project is achieving compatibility with adjacent land uses through pro -active site design measures. Community Outreach and Public Participation Collier County Library Community -Wide Assessment and Long Range Master Plan, Collier County, Florida (Project Manager) Stantec was hired by the county library system to conduct a comprehensive community wide assessment of existing library services, programs, and facilities, while also aiding in the development of the library's first long range master plan. This process has included all ten of the libraries within the system. With nearly four million in -person and online visitors to the library annually, a series of public workshops, on site observations, round table group discussions, one on one interview, and a customized online survey distributed throughout Collier County were utilized in the visioning process to ensure extensive opportunity for community involvement. Pepper Ranch Preserve, Collier County, Florida (Project Manager and Senior Planner) Led the public engagement effort in preparing the five-year update of the existing, approved management plan. Conducting workshops in Immokalee and the Golden Gate Estates, Tim ensured the public input and concerns were recognized and recorded for consideration. * denotes projects completed with other firms Wilson Garcia PE Senior Project Manager (5 Stantec Wilson is a seasoned professional engineer with 19 years of experience. He embraces modern principles and practices of civil engineering design for land development and stormwater projects while advocating sustainable infrastructure and green design. EDUCATION Bachelor of Science, Civil Engineering, Universidad Industrial de Santander, Bucaramanga, Santander, 1998 CERTIFICATIONS & TRAINING US-12-06565, Association of State Floodplain Managers, Certified Floodplain Manager, Naples, Florida, 2012 REGISTRATIONS Professional Engineer #62436, State of Florida MEMBERSHIPS Member, Association of State Floodplain Managers Member, Florida Stormwater Association Member, Florida Engineering Society * denotes projects completed with other firms PROJECT EXPERIENCE Education Collier County Elementary School Site Designs*, Collier County, Florida (Project Manager) Project Value: USD 260,000 Responsible for plans production and site permitting for two elementary school sites with capacity for 954 students. The projects presented challenging conditions due to space limitations, drainage, and environmental issues. ICPR and STORMCAD were used for the design of the water management facilities, requiring numerous alternatives to minimize on -site and off -site wetlands impacts. The project included utilities coordination with the Immokalee Road Improvement project, and temporary water and sewer treatment plants. This project also involved coordination with architects, mechanical engineers, and hydrogeologists. Wilson Garcia PE Senior Project Manager Multi -Family Residential Infrastructure Bermuda Links*, Bonita Springs, Florida (Project Manager) Project Value: USD 620,000 Responsible for design, plans production, site permitting, utilities permitting, bidding, and construction services of an 82-acre multi -family community in Bonita Springs. The project was developed in phases and required coordination with the adjacent communities for utilities connections and drainage improvements, and capacity analysis of five existing pump stations. WaterCad software was utilized for the analysis of the pump station systems which were connected by the same force main. This analysis was necessary to determine the upgrading of the old pumps and a cost estimate. For the water management design, ICPR software was used to evaluate and design the interconnection with the adjacent community, Imperial Harbor, which had suffered severe flooding problems. Bermuda Links offered the additional capacity of its water management system to eliminate this issue. Single Family Residential Tuscany Pointe*, Naples, Florida (Project Manager) Responsible for design and permitting for a 110 single family lot subdivision. Lido Isles*, Naples , Florida (Project Manager) Responsible for the design and permitting of 115 single family lot subdivision. * denotes projects completed with other firms Black Bear Ridge*, Naples, Florida (Project Manager) Responsible for design, plans production, site permitting, bidding, and construction services for a 50-acre single-family community. The project involved coordination with the Vanderbilt Beach Road Improvement project for road access, utility, and drainage connections. Bucks Run Reserve*, Naples, Florida (Project Manager) Responsible for design, plans production, site permitting, bidding, and construction services for a 40-acre single-family community involving road and bridge design for access over the CR 951 canal. The project involved coordination with the CR 951 improvements project for road access, utility, and drainage connections. Residential Development Vi at Bentley Village*, Naples, Florida (Project Manager) Responsible for design and permitting for renovations of club house and two buildings for a total of 126 assisted living facility units. Wilson Garcia PE Senior Project Manager Roadway Design US 41/CR 951 Intersection Phase 1 Capacity Improvements*, Collier County, Florida (Drainage Engineer) Responsible for design and construction plans of the stormwater system for this busy intersection. Three different concepts were evaluated to avoid conflicts with major utility lines, including raw water, potable water and force mains. The system was designed for a build -out condition in the future which includes a bridge overpass. Responsible for the coordination on the Pond Siting Study which compared six different pond sites and included economic feasibility for the drainage system. The design used StormCad Bentley Software. Also responsible for the drainage improvements on the 3R portion of the project and permitting through the local water management district. Total project area was approximately 26 acres. Parks & Recreation Sun Splash Water Park, City of Cape Coral, Florida (Project Manager) Responsible for final site -civil layout, design, construction documents, and permitting. The new guest services building replaces an existing building structure that was substantially damaged due to a fire in 2016. The new building was placed within the property boundary taking into consideration the proximity to existing water, sewer, and drainage facilities. * denotes projects completed with other firms Stormwater Management Westlake Outfall Drainage*, Collier County, Florida (Project Manager) Project Value: USD 80,000 Responsible for plans production, site permitting, and public meetings for the analysis, design, and construction supervision to eliminate flooding issues at the Westlake community. The project involved numerous site visits to determine basin limits and failing elements in the drainage system, utility coordination, and replacement of outfall pipe which runs along the backyard easements of the neighborhood. A Maintenance of Traffic plan was also required during the construction of the improvements. I I MCDOWELL HOUSING PARTNERS An AjfiG¢(e ajMCDaweGPraper(ies EXECUTED ADDENDUMS Collier County solicitation 20-7698 76Y CAIAHty Email: evelyn.colon@colliercoantyfl.gov AdrotuAralva Seneces Onrsun Telephone: (239) 252-2667 Addendum 1 Date: December 17, 2019 From: Geoff Thomas, Procurement Strategist To: Interested Bidders Subject: Addendum # 1 Solicitation # and Title 20-7699 PUBLIC PRIVATE PARTNERSHIP (P3) - HOUSING AND LAND DEVELOPMENT COMPONENT AT THE FORMER GOLDEN GATE GOLF COURSE The following clarifications are issued as an addendum identifying the following clarification to the scope of work, changes, deletions, or additions to the original solicitation document for the referenced solicitation: Change 1. Revised Invitation to Negotiate (ITN) Instructions Form. Change 2. Updated language in sections 1.4 of the Invitation to Negotiate. Change 3. Insurance Requirements If you require additional information please post a question on our Bid Sync (_www bidsvnc.com) bidding platform under the solicitation for this project. Please sign below and return a copy of this Addendum with your submittal for the above referenced solicitation. (Signature) Date p. 26 1110/2020 7:48 AM Collier County Solicitation 20-7698 �.rO1411T%1' Email: Adminisa ylve Servioes DMsbn Vivian.Giarimoustm@colliercountyfl.gov P.roentServices Telephone: (239) 252-8375 Addendum 2 Date: December 26, 2019 From: Vivian Giarimoustas, Procurement Strategist To: Interested Bidders Subject: Addendum # 2 Solicitation # 20-7698 PUBLIC PRIVATE PARTNERSHIP (P3) - HOUSING AND LAND DEVELOPMENT COMPONENT AT THE FORMER GOLDEN GATE GOLF COURSE The following clarifications are issued man addendum identifying the following clarification to the scope of work, changes, deletions, or additions to the original solicitation document for the referenced solicitation: Attachment A and Appendix B have been added below. If you require additional information, please post a question on our Bid Sync (www bidsvnc.com) bidding platform under the solicitation for this project. Please sign below and return a copy of this Addendum with your submittal for the above referenced solicitation. Date 1/10120207:48 AM P.42 Collier County Solicitation 20-7698 W Cimlinty Email: Administrative Serices Division Viviana.Giarimoustas@colliercowtyfl.gov Raaremmt savkes Telephone: (239) 252-8375 Addendum 3 Date: January 3, 20120 From: Viviano Giarimoustas, Procurement Strategist To: Interested Bidders Subject: Addendum # 3 Solicitation # 20-7698 PUBLIC PRIVATE PARTNERSHIP (P3) - HOUSING AND LAND DEVELOPMENT COMPONENT AT THE FORMER GOLDEN GATE GOLF COURSE The following clarifications are issued as an addendum identifying thefollowing clarification to the scope of work, changes, deletions, or additions to the original solicitation document for the referenced solicitation: 1. This solicitation is being extended to Tuesday, January 28, 2020, 3:00 PM EST. 2. Please see the following clarifications in response to inquiries received regarding Solicitation #20- 7698, for a P3 housing and land development component at the former Golden Gate Golf Course. Some interested proposers have asked for clarification regarding rental rates and income requirements and what the County is seeking to develop. The County is seeking to provide rent limited rental wits, where renter qualifications maybe based on occupation and income but where income is not a final limiting factor. It is conceivable that rental units while being rented at a rate equivalent to 80% Area Median Income (AMI) and its occupants have an income above 100% AML In the responses to this solicitation proposers should demonstrate that they have the capability, vision, and flexibility to work with the County and the Community Foundation to develop, manage, and maintain this project. These responses should remain high-level demonstrations that exhibit the frrm's capabilities, project specific details will be identified through a consulting phase with input from the County, Community Foundation, and selected firm. The selected proposer will begin a two-step process. In the first step (consulting and business plan development phase), the firm will enter into an exclusive partner contract with County to refine their proposal by working with the County to go through the zoning process, define the land to be set aside, create preliminary site plans, and develop a final business plan. The plan will solidify the rental rates, criteria for qualifying, and finalize the ownership and management terms. In this phase the selected firm will be at the table with the County, the Community Foundation, and the engineering/planning firm as a partner. Upon completion of the business plan, the selected firm would work with the County to finalize the contract for the project. Step two (construction, management, and ownership phase) would bring a detailed contract to the Board with specific terms and conditions along with the committed financial support of the Community Foundation. p.4e 1110I2020 7:48 AM Collier County Solicitation 20-7698 The following clarification points should provide clarification regarding the solicitation. Within the introduction the second paragraph includes the following sentence: • In addition, the OFFEROR must produce a product that will be affordable to households earning between 30-80% of Area Median Income. This should be: • In addition, the OFFEROR innsFshould produce a product earning with target rental rates between 30-80% of Area Median Income (ex: 2019 max rents = one bedroom $1,175, two bedroom $1,410, three bedroom $1 629). In regard to the Detailed Scope of Work, subsection 2: • The following correction to the following sentence: For example, those proposals offering a variety of unit types and ineema rental levels containing all the uses listed may rate higher than a proposal with only some of the uses. • The County is not seeking to develop a low-income housing develoomen[ but to provide affordable housing for essential services employees in the County • A minimum of 10% of units should be set aside for seniors, veterans. considerations for these individuals with special needs will be viewed favorably. • A majority of the units will be reserved for Essential Services employees and their families: o Teachers o fire fighters o sheriff's officers o nurses o EMTs o etc. • Proposers that present target rental rates between that we equivalent to between 30-80 % of Area median income are preferred • Proposals with rental rates exceeding 80%of area median income should providejustification for the proposed rates (ex: 2019 max rents = one bedroom $1,175, two bedroom $1,410, three bedrooms $1,629) • State or Federal funding is not required in order to submit a proposal but may be sought by proposers • Income based criteria for renters is only applicable to the extent that may be required if State or Federal funding is obtained, otherwise renters are not required to meet income thresholds Within the Scoring Criteria for Ranking Proposals section, Evaluation Criteria No. 2, subsection 3: • The third bullet point is mistyped it should be split into separate bullet points as laid out in the Detailed Scope of Work Section o Define project set -asides • at least 10% for seniors, veterans, considerations for these individuals with special needs will be viewed favorably. • essential employees and their families such as: teachers, fire fighters, sheriff s officers, nurses, and EMTs, etc. 111012020 7:48 AM in. 47 Collier County Solicitation 20-7698 if you require additional information, please post a question on our Bid Sync (www bidsvnc corn) bidding platform under the solicitation for this project. Please sign below and return a copy of this Addendum with your submittal for the above referenced solicitation. (Signature) Date 11102020 7:48 AM p. 48 Collier County Solicitation 20-7698 7CY C.O[4HL}' Email: evelyn.colon@colliercountyfl.gov ndrarsram Serslces D� Telephone: (239) 252-2667 r:—ne.w s ' Addendum 4 Date: January 10, 2020 From: Evelyn Colon, Procurement Strategist To: Interested Bidders Subject: Addendum # 4 Solicitation # and Title 20-7698 PUBLIC PRIVATE PARTNERSHIP (P3) - HOUSING AND LAND DEVELOPMENT COMPONENT AT THE FORMER GOLDEN GATE GOLF COURSE The following clarifications are issued as an addendum identifying the following clarification to the scope of work, changes, deletions, or additions to the original solicitation document for the referenced solicitation: Change 1. Removing the original copy of the solicitation. Addendum I provided a revised version. If you require additional information please post a question on our Bid Sync (www bidsync.com) bidding platform under the solicitation for this project. Please sign below and return a copy of this Addendum with your submittal for the above referenced solicitation. (Signature) Date Date ,� 1/10Q0207:48 AM in.49 Co�wty Email: evelyn.colon@colliewountyfl.gov Adminis to Services Dmsion Telephone:(239) 252-2667 Procurement sewn Addendum 5 Date: January 15, 2020 From: Evelyn Colon, Procurement Strategist To: Interested Bidders Subject: Addendum # 5 Solicitation # and Tide 20-7698 HOUSING AND LAND DEVELOPMENT COMPONENT AT THE FORMER GOLDEN GATE GOLF COURSE The following clarifications are issued as an addendum identifying the following clarification to the scope of work, changes, deletions, or additions to the original solicitation document for the referenced solicitation: Change 1. Changes the title on this project and removes the "Public Private Partnership" reference throughout the solicitation document. A revised solicitation is being provided. If you require additional information please post a question on our Bid Sync www.bids c.com) bidding platform under the solicitation for this project. Please sign below and return a copy of this Addendum with your submittal for the above referenced solicitation. Date koudiv Aminto EXECUTED ADDENDUMS Coder Cmmty Administrative Services Division Procurement Services Date: December 17, 2019 Email: evelyn.colon@colliercountyfl.gov Telephone: (239) 252-2667 Addendum 1 From: Geoff Thomas, Procurement Strategist To: Interested Bidders Subject: Addendum # I Solicitation # and Title 20-7698 PUBLIC PRIVATE PARTNERSHIP (P3) - HOUSING AND LAND DEVELOPMENT COMPONENT AT THE FORMER GOLDEN GATE GOLF COURSE The following clarifications are issued as an addendum identifying the following clarification to the scope of work, changes, deletions, or additions to the original solicitation document for the referenced solicitation: Change 1. Revised Invitation to Negotiate (ITN) Instructions Form. Change 2. Updated language in sections 1.4 of the Invitation to Negotiate. Change 3. Insurance Requirements If you require additional information please post a question on our Bid Sync (www.bidsync.com) bidding platform under the solicitation for this project. Please sign below and return a copy of this Addendum with your submittal for the above referenced solicitation. (Signature) National Community Renaissance (Nameo a D e dba National Community Renaissance of California, Inc. CoILier County Administrative Services Divisicn Pramrement5ervices Date: December 26, 2019 Email: Viviana.Giarimoustas@colliercountyfl.gov Telephone: (239) 252-8375 Addendum 2 From: Viviana Giarimoustas, Procurement Strategist To: Interested Bidders Subject: Addendum # 2 Solicitation # 20-7698 PUBLIC PRIVATE PARTNERSHIP (P3) - HOUSING AND LAND DEVELOPMENT COMPONENT AT THE FORMER GOLDEN GATE GOLF COURSE The following clarifications are issued as an addendum identifying the following clarification to the scope of work, changes, deletions, or additions to the original solicitation document for the referenced solicitation: Attachment A and Appendix B have been added below. If you require additional information, please post a question on our Bid Sync (www.bidsync.com) bidding platform under the solicitation for this project. Please sign below and return a copy of this Addendum with your submittal for the above ref=dl (zZ (Signature) Date National Community Renaissance of California, doing business as National Community Renaissance of California, Inc. (Name of Firm) Coder County Admirostrahe SerHces Division Prowrement Serri Date: January 3, 20120 Email: Viviana.Giarimoustas@colliercountyfl.gov Telephone: (239) 252-8375 Addendum 3 From: Viviana Giarimoustas, Procurement Strategist To: Interested Bidders Subject: Addendum # 3 Solicitation # 20-7698 PUBLIC PRIVATE PARTNERSHIP (P3) - HOUSING AND LAND DEVELOPMENT COMPONENT AT THE FORMER GOLDEN GATE GOLF COURSE The following clarifications are issued as an addendum identifying the following clarification to the scope of work, changes, deletions, or additions to the original solicitation document for the referenced solicitation: 1. This solicitation is being extended to Tuesday, January 28, 2020, 3:00 PM EST. 2. Please see the following clarifications in response to inquiries received regarding Solicitation #20- 7698, for a P3 housing and land development component at the former Golden Gate Golf Course. Some interested proposers have asked for clarification regarding rental rates and income requirements and what the County is seeking to develop. The County is seeking to provide rent limited rental units, where renter qualifications maybe based on occupation and income but where income is not a final limiting factor. It is conceivable that rental units while being rented at a rate equivalent to 80% Area Median Income (AMI) and its occupants have an income above 100% AMI. In the responses to this solicitation proposers should demonstrate that they have the capability, vision, and flexibility to work with the County and the Community Foundation to develop, manage, and maintain this project. These responses should remain high-level demonstrations that exhibit the firm's capabilities, project specific details will be identified through a consulting phase with input from the County, Community Foundation, and selected firm. The selected proposer will begin a two-step process. In the first step (consulting and business plan development phase), the firm will enter into an exclusive partner contract with County to refine their proposal by working with the County to go through the zoning process, define the land to be set aside, create preliminary site plans, and develop a final business plan. The plan will solidify the rental rates, criteria for qualifying, and finalize the ownership and management terms. In this phase the selected firm will be at the table with the County, the Community Foundation, and the engineering/planning firm as a partner. Upon completion of the business plan, the selected firm would work with the County to finalize the contract for the project. Step two (construction, management, and ownership phase) would bring a detailed contract to the Board with specific terms and conditions along with the committed financial support of the Community Foundation. The following clarification points should provide clarification regarding the solicitation. Within the introduction the second paragraph includes the following sentence: • In addition, the OFFEROR must produce a product that will be affordable to households earning between 30-80% of Area Median Income. This should be: • In addition, the OFFEROR must should produce a product that will be a&fdable to households earning with target rental rates between 30-80% of Area Median Income (ex: 2019 max rents = one bedroom $1,175, two bedroom $1,410, three bedroom $1,629). In regard to the Detailed Scope of Work, subsection 2: • The following correction to the following sentence: For example, those proposals offering a variety of unit types and ;name rental levels containing all the uses listed may rate higher than a proposal with only some of the uses. • The County is not seeking to develop a low-income housing development but to provide affordable housing for essential services employees in the County • A minimum of 10% of units should be set aside for seniors, veterans, considerations for these individuals with special needs will be viewed favorably. • A majority of the units will be reserved for Essential Services employees and their families: o Teachers o fire fighters o sheriffs officers o nurses o EMTs o etc. • Proposers that present target rental rates between that are equivalent to between 30-80% of Area median income are preferred • Proposals with rental rates exceeding 80% of area median income should provide justification for the proposed rates (ex: 2019 max rents = one bedroom $1,175, two bedroom $1,410, three bedrooms $1,629) • State or Federal funding is not required in order to submit a proposal but may be sought by proposers • Income based criteria for renters is only applicable to the extent that may be required if State or Federal funding is obtained, otherwise renters are not required to meet income thresholds Within the Scoring Criteria for Ranking Proposals section, Evaluation Criteria No. 2, subsection 3: • The third bullet point is mistyped it should be split into separate bullet points as laid out in the Detailed Scope of Work Section o Define project set -asides • at least 10% for seniors, veterans, considerations for these individuals with special needs will be viewed favorably. • essential employees and their families such as: teachers, fire fighters, sheriff s officers, nurses, and EMTs, etc. If you require additional information, please post a question on our Bid Sync (www.bidsync.com) bidding platform under the solicitation for this project. Please sign below and return a copy of this Addendum with your submittal for the above (Signature) j Z Z z8 Date National Community Renaissance of California, doing business as National Community Renaissance of California, Inc. (Name of Firm) conker County Admirustratiee Services MAsion Procurement Services Date: January 10, 2020 Email: evelyn.colon@colliercountyfl.gov Telephone: (239) 252-2667 Addendum 4 From: Evelyn Colon, Procurement Strategist To: Interested Bidders Subject: Addendum # 4 Solicitation # and Title 20-7698 PUBLIC PRIVATE PARTNERSHIP (P3) - HOUSING AND LAND DEVELOPMENT COMPONENT AT THE FORMER GOLDEN GATE GOLF COURSE The following clarifications are issued as an addendum identifying the following clarification to the scope of work, changes, deletions, or additions to the original solicitation document for the referenced solicitation: Change 1. Removing the original copy of the solicitation. Addendum I provided a revised version. If you require additional information please post a question on our Bid Sync (www.bidsync.com) bidding platform under the solicitation for this project. Please sign below and return a copy of this Addendum with your submittal for the above kwgnarure) Dat National Community Renaissance of California, doing business as National Community Renaissance of California, Inc. (Name of Firm) Coder County Administrafivv Services Division Procurement Services Date: January 15, 2020 Email: evelyn.colon@colliercountyfl.gov Telephone: (239) 252-2667 Addendum 5 From: Evelyn Colon, Procurement Strategist To: Interested Bidders Subject: Addendum # 5 Solicitation # and Title 20-7698 HOUSING AND LAND DEVELOPMENT COMPONENT AT THE FORMER GOLDEN GATE GOLF COURSE The following clarifications are issued as an addendum identifying the following clarification to the scope of work, changes, deletions, or additions to the original solicitation document for the referenced solicitation: Change 1. Changes the title on this project and removes the "Public Private Partnership" reference throughout the solicitation document. A revised solicitation is being provided. If you require additional information, please post a question on our Bid Sync (www.bidsync.com) bidding platform under the solicitation for this project. Please sign below and return a copy of this Addendum with your submittal for the above referenced solicitation.-, (Signature) Michael Ruane, Executive Vice President i 2- a Date National Community Renaissance of California, doing business as National Community Renaissance of California, Inc. (Name of Firm) I I MCDOWELL HOUSING PARTNERS An AjfiG¢(e ajMCDaweGPraper(ies EXECUTED FORMS CAW County Administrative Services Depadment Prccurerren[ Services Drvsm Form 2: Vendor Check List Updated: October 24'h 2019 IMPORTANT: THIS SHEET MUST BE SIGNED. Please read carefully, sign in the spaces indicated and submit with your Proposal through Bidsync. Vend should check off each of the following items as the necessary action is completed: [The Solicitation Submittal has been signed. ❑ The Solicitation Pricing Document (Bid Schedule/Quote Schedule/etc.) has been completed and attached. ❑ All applicable forms have been signed and included, along with licenses to complete the requirements of the project. ❑ Any addenda have been signed and included. ❑ Affidavit for Claiming Status as a Local Business, if applicable. Collier or Lee County Business Tax Receipt MUST be included. ❑ Proof of status from Division of Corporations - Florida Department of State (If work performed in the State) - hM2://dos.mvflorida.com/sunbiz/. Proof of E-Verify (Memorandum of Understanding or Company Profile page) and Immigration Affidavit MUST be included - https://www.e-verify,eov1. ❑ Grant Provisions and Assurances package in its entirety, if applicable. ❑ Reference Questionnaires MUST be included or you may be deemed non -responsive. ALL SUBMITTALS MUST HAVE THE SOLICITATION NUMBER AND TITLE Name of Finn: McDowell Housing Partners, LLC Address: 601 Brickell Key Drive, Suite 700 City, State, Zip: Miami, FL 33131 Telephone: 786-257-2767 Email: cshear@mcdhous Representative Signature: Representative Name: Christopher Shear Date 01/28/2020 �y Ao n irsbatrve Services Depaihnent Pr ..st Sernres 0i . Form 3: Conflict of Interest Affidavit The Vendor certifies that, to the best of its knowledge and belief, the past and current work on any Collier County project affiliated with this solicitation does not pose an organizational conflict as described by one of the three categories below: Biased ground rules — The firm has not set the "ground rules" for affiliated past or current Collier County project identified above (e.g., writing a procurement's statement of work, specifications, or performing systems engineering and technical direction for the procurement) which appears to skew the competition in favor of my firm. Impaired objectivity —The firm has not performed work on an affiliated past or current Collier County project identified above to evaluate proposals / past performance of itself or a competitor, which calls into question the contractor's ability to render impartial advice to the government. Unequal access to information —The firm has not had access to nonpublic information as part of its performance of a Collier County project identified above which may have provided the contractor (or an affiliate) with an unfair competitive advantage in current or future solicitations and contracts. In addition to this signed affidavit, the contractor / vendor must provide the following: 1. All documents produced as a result of the work completed in the past or currently being worked on for the above -mentioned project; and, 2. Indicate if the information produced was obtained as a matter of public record (in the "sunshine") or through non-public (not in the "sunshine") conversation (s), meeting(s), document(s) and/or other means. Failure to disclose all material or having an organizational conflict in one or more of the three categories above be identified, may result in the disqualification for future solicitations affiliated with the above referenced project(s). By the signature below, the firm (employees, officers and/or agents) certifies, and hereby discloses, that, to the best of their knowledge and belief, all relevant facts concerning past, present, or currently planned interest or activity (financial, contractual, organizational, or otherwise) which relates to the project identified above has been fully disclosed and does not pose an organizational conflict. Firm: McDowell Housing Pa//rtners, LLC Signature and Date: Print Name: Christopher Shear Title of Signatory: Managing Director Co)ie�=w�Y Adminstrarve SerAces Department P'a,u.. services nrvisim Form 4: Vendor Declaration Statement BOARD OF COUNTY COMMISSIONERS Collier County Government Complex Naples, Florida 34112 Dear Commissioners: The undersigned, as Vendor declares that this response is made without connection or arrangement with any other person and this proposal is in every respect fair and made in good faith, without collusion or fraud. The Vendor agrees, if this solicitation submittal is accepted, to execute a Collier County document for the purpose of establishing a formal contractual relationship between the firm and Collier County, for the performance of all requirements to which the solicitation pertains. The Vendor states that the submitted is based upon the documents listed by the above referenced Solicitation. Further, the vendor agrees that if awarded a contract for these goods and/or services, the vendor will not be eligible to compete, submit a proposal, be awarded, or perform as a sub -vendor for any future associated with work that is a result of this awarded contract. IN WITNESS WHEREOF, WE have hereunto subscribed our names on this 28th day of January, 2020 in the County of Miami - Dade, in the State of Florida. Firm's Legal Name: McDowell Housing Partners, LLC Address: 601 Brickell Key Drive, Suite 700 City, State, Zip Code: Miami, FL, 33131 Florida Certificate of Authority Document Number Federal Tax Identification Number "CCR # or CAGE Code 'Only if Grant Funded Telephone Signature by: (Typed and written) Title: 18000005555 83-1081028 Christopher Shear Director Additional Contact Information Send payments to: (required if different from Company name used as payee above) Contact name: Christopher Shear Title: Managing Director Address: 601 Brickell Key Drive, Suite 700 City, State, ZIP Miami, FL 33131 Telephone: 786-257-2793 Email: cshem@mcdhousing.com Office servicing Collier County to place orders (required if different from above) Contact name: Title: Address: City, State, ZIP Telephone: Email: ccininty Adminn t:Services DaPaitrnent ProcurertxNt Serviws Orvispn Form 5: Immigration Affidavit Certification This Affidavit is required and should be signed, by an authorized principal of the firm and submitted with formal solicitation submittals. Further, Vendors are required to enroll in the E-Verify program, and provide acceptable evidence of their enrollment, at the time of the submission of the Vendor's proposal. Acceptable evidence consists of a copy of the properly completed E-Verify Company Profile page or a copy of the fully executed E-Verify Memorandum of Understanding for the company. Failure to include Collier County will not intentionally award County contracts to any Vendor who knowingly employs unauthorized alien workers, constituting a violation of the employment provision contained in 8 U.S.C. Section 1324 ale) Section 274A(e) of the Immigration and Nationality Act ("INA"). Collier County may consider the employment by any Vendor of unauthorized aliens a violation of Section 274A(e)ofthe INA. Such Violation by the recipient of the Employment Provisions contained in Section 274A (e) of the INA shall be grounds for unilateral termination of the contract by Collier County. Vendor attests that they are fully compliant with all applicable immigration laws (specifically to the 1986 Immigration Act and subsequent Amendment(s)) and agrees to comply with the provisions of the Memorandum of Understanding with E-Verify and to provide proof of enrollment in The Employment Eligibility Verification System (E-Verity), operated by the Department of Homeland Security in partnership with the Social Security Administration at the time of submission of the Vendor's proposal. Company Name McDowell Housing Partners Print Name Christopher Shear Title Managing Director Signature Date 01/28/2020 � sect v- orE-Verif Company ID Number: 1401871 THE E-VERIFY MEMORANDUM OF UNDERSTANDING FOR EMPLOYERS ARTICLE I PURPOSE AND AUTHORITY The parties to this agreement are the Department of Homeland Security (DHS) and the McDowell Housing Partners (Employer). The purpose of this agreement is to set forth terms and conditions which the Employer will follow while participating in E-Verify. E-Verify is a program that electronically confirms an employee's eligibility to work in the United States after completion of Form 1-9, Employment Eligibility Verification (Form 1-9). This Memorandum of Understanding (MOU) explains certain features of the E-Verify program and describes specific responsibilities of the Employer, the Social Security Administration (SSA), and DHS. Authority for the E-Verify program is found in Title IV, Subtitle A, of the Illegal Immigration Reform and Immigrant Responsibility Act of 1996 (IIRIRA), Pub. L. 104-208, 110 Stat. 3009, as amended (8 U.S.C. § 1324a note). The Federal Acquisition Regulation (FAR) Subpart 22.18, "Employment Eligibility Verification" and Executive Order 12989, as amended, provide authority for Federal contractors and subcontractors (Federal contractor) to use E-Verify to verify the employment eligibility of certain employees working on Federal contracts. ARTICLE II RESPONSIBILITIES A. RESPONSIBILITIES OF THE EMPLOYER 1. The Employer agrees to display the following notices supplied by DHS in a prominent place that is clearly visible to prospective employees and all employees who are to be verified through the system: a. Notice of E-Verify Participation b. Notice of Right to Work 2. The Employer agrees to provide to the SSA and DHS the names, titles, addresses, and telephone numbers of the Employer representatives to be contacted about E-Verify. The Employer also agrees to keep such information current by providing updated information to SSA and DHS whenever the representatives' contact information changes. 3. The Employer agrees to grant E-Verify access only to current employees who need E-Verify access. Employers must promptly terminate an employee's E-Verify access if the employer is separated from the company or no longer needs access to E-Verify. Page 1 of 17 E-Verify MOU for Employers I Revision Date 06/01/13 � sect v- orE-Verif Company ID Number: 1401871 4. The Employer agrees to become familiar with and comply with the most recent version of the E-Verify User Manual. 5. The Employer agrees that any Employer Representative who will create E-Verify cases will complete the E-Verify Tutorial before that individual creates any cases. a. The Employer agrees that all Employer representatives will take the refresher tutorials when prompted by E-Verify in order to continue using E-Verify. Failure to complete a refresher tutorial will prevent the Employer Representative from continued use of E-Verify. 6. The Employer agrees to comply with current Form 1-9 procedures, with two exceptions: a. If an employee presents a "List B" identity document, the Employer agrees to only accept "List B" documents that contain a photo. (List B documents identified in 8 C.F.R. § 274a.2(b)(1)(B)) can be presented during the Form I-9 process to establish identity.) If an employee objects to the photo requirement for religious reasons, the Employer should contact E-Verify at 888-464-4218. b. If an employee presents a DHS Form 1-551 (Permanent Resident Card), Form 1-766 (Employment Authorization Document), or U.S. Passport or Passport Card to complete Form 1-9, the Employer agrees to make a photocopy of the document and to retain the photocopy with the employee's Form 1-9. The Employer will use the photocopy to verify the photo and to assist DHS with its review of photo mismatches that employees contest. DHS may in the future designate other documents that activate the photo screening tool. Note: Subject only to the exceptions noted previously in this paragraph, employees still retain the right to present any List A, or List B and List C, document(s) to complete the Form 1-9. 7. The Employer agrees to record the case verification number on the employee's Form 1-9 or to print the screen containing the case verification number and attach it to the employee's Form 1-9. 8. The Employer agrees that, although it participates in E-Verify, the Employer has a responsibility to complete, retain, and make available for inspection Forms 1-9 that relate to its employees, or from other requirements of applicable regulations or laws, including the obligation to comply with the antidiscrimination requirements of section 274B of the INA with respect to Form 1-9 procedures. a. The following modified requirements are the only exceptions to an Employer's obligation to not employ unauthorized workers and comply with the anti -discrimination provision of the INA: (1) List B identity documents must have photos, as described in paragraph 6 above; (2) When an Employer confirms the identity and employment eligibility of newly hired employee using E-Verify procedures, the Employer establishes a rebuttable presumption that it has not violated section 274A(a)(1)(A) of the Immigration and Nationality Act (INA) with respect to the hiring of that employee; (3) If the Employer receives a final nonconfirmation for an employee, but continues to employ that person, the Employer must notify DHS and the Employer is subject to a civil money penalty between $550 and $1,100 for each failure to notify DHS of continued employment following a final nonconfirmation; (4) If the Employer continues to employ an employee after receiving a final nonconfirmation, then the Employer is subject to a rebuttable presumption that it has knowingly Page 2 of 17 E-Verify MOU for Employers I Revision Date 06/01/13 � sect v- orE-Verif Company ID Number: 1401871 employed an unauthorized alien in violation of section 274A(a)(1)(A); and (5) no E-Verify participant is civilly or criminally liable under any law for any action taken in good faith based on information provided through the E-Verify. b. DHS reserves the right to conduct Form 1-9 compliance inspections, as well as any other enforcement or compliance activity authorized by law, including site visits, to ensure proper use of E-Verify. 9. The Employer is strictly prohibited from creating an E-Verify case before the employee has been hired, meaning that a firm offer of employment was extended and accepted and Form 1-9 was completed. The Employer agrees to create an E-Verify case for new employees within three Employer business days after each employee has been hired (after both Sections 1 and 2 of Form 1-9 have been completed), and to complete as many steps of the E-Verify process as are necessary according to the E-Verify User Manual. If E-Verify is temporarily unavailable, the three-day time period will be extended until it is again operational in order to accommodate the Employer's attempting, in good faith, to make inquiries during the period of unavailability. 10. The Employer agrees not to use E-Verify for pre -employment screening of job applicants, in support of any unlawful employment practice, or for any other use that this MOU or the E-Verify User Manual does not authorize. 11. The Employer must use E-Verify for all new employees. The Employer will not verify selectively and will not verify employees hired before the effective date of this MOU. Employers who are Federal contractors may qualify for exceptions to this requirement as described in Article II.B of this MOU. 12. The Employer agrees to follow appropriate procedures (see Article III below) regarding tentative nonconfirmations. The Employer must promptly notify employees in private of the finding and provide them with the notice and letter containing information specific to the employee's E-Verify case. The Employer agrees to provide both the English and the translated notice and letter for employees with limited English proficiency to employees. The Employer agrees to provide written referral instructions to employees and instruct affected employees to bring the English copy of the letter to the SSA. The Employer must allow employees to contest the finding, and not take adverse action against employees if they choose to contest the finding, while their case is still pending. Further, when employees contest a tentative nonconfirmation based upon a photo mismatch, the Employer must take additional steps (see Article III.B. below) to contact DHS with information necessary to resolve the challenge. 13. The Employer agrees not to take any adverse action against an employee based upon the employee's perceived employment eligibility status while SSA or DHS is processing the verification request unless the Employer obtains knowledge (as defined in 8 C.F.R. § 274a.1(1)) that the employee is not work authorized. The Employer understands that an initial inability of the SSA or DHS automated verification system to verify work authorization, a tentative nonconfirmation, a case in continuance (indicating the need for additional time for the government to resolve a case), or the finding of a photo mismatch, does not establish, and should not be interpreted as, evidence that the employee is not work authorized. In any of such cases, the employee must be provided a full and fair opportunity to contest the finding, and if he or she does so, the employee may not be terminated or suffer any adverse employment consequences based upon the employee's perceived employment eligibility status Page 3 of 17 E-Verify MOU for Employers I Revision Date 06/01/13 � sect v- orE-Verif Company ID Number: 1401871 (including denying, reducing, or extending work hours, delaying or preventing training, requiring an employee to work in poorer conditions, withholding pay, refusing to assign the employee to a Federal contract or other assignment, or otherwise assuming that he or she is unauthorized to work) until and unless secondary verification by SSA or DHS has been completed and a final nonconfirmation has been issued. If the employee does not choose to contest a tentative nonconfirmation or a photo mismatch or if a secondary verification is completed and a final nonconfirmation is issued, then the Employer can find the employee is not work authorized and terminate the employee's employment. Employers or employees with questions about a final nonconfirmation may call E-Verify at 1-888-464- 4218 (customer service) or 1-888-897-7781 (worker hotline). 14. The Employer agrees to comply with Title VI of the Civil Rights Act of 1964 and section 274B of the INA as applicable by not discriminating unlawfully against any individual in hiring, firing, employment eligibility verification, or recruitment or referral practices because of his or her national origin or citizenship status, or by committing discriminatory documentary practices. The Employer understands that such illegal practices can include selective verification or use of E-Verify except as provided in part D below, or discharging or refusing to hire employees because they appear or sound "foreign" or have received tentative nonconfirmations. The Employer further understands that any violation of the immigration -related unfair employment practices provisions in section 274B of the INA could subject the Employer to civil penalties, back pay awards, and other sanctions, and violations of Title VI could subject the Employer to back pay awards, compensatory and punitive damages. Violations of either section 274B of the INA or Title VII may also lead to the termination of its participation in E-Verify. If the Employer has any questions relating to the anti -discrimination provision, it should contact OSC at 1-800-255-8155 or 1-800-237-2515 (TDD). 15. The Employer agrees that it will use the information it receives from E-Verify only to confirm the employment eligibility of employees as authorized by this MOU. The Employer agrees that it will safeguard this information, and means of access to it (such as PINS and passwords), to ensure that it is not used for any other purpose and as necessary to protect its confidentiality, including ensuring that it is not disseminated to any person other than employees of the Employer who are authorized to perform the Employer's responsibilities under this MOU, except for such dissemination as may be authorized in advance by SSA or DHS for legitimate purposes. 16. The Employer agrees to notify DHS immediately in the event of a breach of personal information. Breaches are defined as loss of control or unauthorized access to E-Verify personal data. All suspected or confirmed breaches should be reported by calling 1-888-464-4218 or via email at E-Verify(@dhs.gov. Please use "Privacy Incident — Password" in the subject line of your email when sending a breach report to E-Verify. 17. The Employer acknowledges that the information it receives from SSA is governed by the Privacy Act (5 U.S.C. § 552a(i)(1) and (3)) and the Social Security Act (42 U.S.C. 1306(a)). Any person who obtains this information under false pretenses or uses it for any purpose other than as provided for in this MOU may be subject to criminal penalties. 18. The Employer agrees to cooperate with DHS and SSA in their compliance monitoring and evaluation of E-Verify, which includes permitting DHS, SSA, their contractors and other agents, upon Page 4 of 17 E-Verify MOU for Employers I Revision Date 06/01/13 � sect v- orE-Verif Company ID Number: 1401871 reasonable notice, to review Forms 1-9 and other employment records and to interview it and its employees regarding the Employer's use of E-Verify, and to respond in a prompt and accurate manner to DHS requests for information relating to their participation in E-Verify. 19. The Employer shall not make any false or unauthorized claims or references about its participation in E-Verify on its website, in advertising materials, or other media. The Employer shall not describe its services as federally -approved, federally -certified, or federally -recognized, or use language with a similar intent on its website or other materials provided to the public. Entering into this MOU does not mean that E-Verify endorses or authorizes your E-Verify services and any claim to that effect is false. 20. The Employer shall not state in its website or other public documents that any language used therein has been provided or approved by DHS, USCIS or the Verification Division, without first obtaining the prior written consent of DHS. 21. The Employer agrees that E-Verify trademarks and logos may be used only under license by DHS/USCIS (see M-795 (Web)) and, other than pursuant to the specific terms of such license, may not be used in any manner that might imply that the Employer's services, products, websites, or publications are sponsored by, endorsed by, licensed by, or affiliated with DHS, USCIS, or E-Verify. 22. The Employer understands that if it uses E-Verify procedures for any purpose other than as authorized by this MOU, the Employer may be subject to appropriate legal action and termination of its participation in E-Verify according to this MOU. B. RESPONSIBILITIES OF FEDERAL CONTRACTORS 1. If the Employer is a Federal contractor with the FAR E-Verify clause subject to the employment verification terms in Subpart 22.18 of the FAR, it will become familiar with and comply with the most current version of the E-Verify User Manual for Federal Contractors as well as the E-Verify Supplemental Guide for Federal Contractors. 2. In addition to the responsibilities of every employer outlined in this MOU, the Employer understands that if it is a Federal contractor subject to the employment verification terms in Subpart 22.18 of the FAR it must verify the employment eligibility of any "employee assigned to the contract" (as defined in FAR 22.1801). Once an employee has been verified through E-Verify by the Employer, the Employer may not create a second case for the employee through E-Verify. a. An Employer that is not enrolled in E-Verify as a Federal contractor at the time of a contract award must enroll as a Federal contractor in the E-Verify program within 30 calendar days of contract award and, within 90 days of enrollment, begin to verify employment eligibility of new hires using E-Verify. The Employer must verify those employees who are working in the United States, whether or not they are assigned to the contract. Once the Employer begins verifying new hires, such verification of new hires must be initiated within three business days after the hire date. Once enrolled in E-Verify as a Federal contractor, the Employer must begin verification of employees assigned to the contract within 90 calendar days after the date of enrollment or within 30 days of an employee's assignment to the contract, whichever date is later. Page 5 of 17 E-Verify MOU for Employers I Revision Date 06/01/13 � sect v- orE-Verif Company ID Number: 1401871 b. Employers enrolled in E-Verify as a Federal contractor for 90 days or more at the time of a contract award must use E-Verify to begin verification of employment eligibility for new hires of the Employer who are working in the United States, whether or not assigned to the contract, within three business days after the date of hire. If the Employer is enrolled in E-Verify as a Federal contractor for 90 calendar days or less at the time of contract award, the Employer must, within 90 days of enrollment, begin to use E-Verify to initiate verification of new hires of the contractor who are working in the United States, whether or not assigned to the contract. Such verification of new hires must be initiated within three business days after the date of hire. An Employer enrolled as a Federal contractor in E-Verify must begin verification of each employee assigned to the contract within 90 calendar days after date of contract award or within 30 days after assignment to the contract, whichever is later. c. Federal contractors that are institutions of higher education (as defined at 20 U.S.C. 1001(a)), state or local governments, governments of Federally recognized Indian tribes, or sureties performing under a takeover agreement entered into with a Federal agency under a performance bond may choose to only verify new and existing employees assigned to the Federal contract. Such Federal contractors may, however, elect to verify all new hires, and/or all existing employees hired after November 6, 1986. Employers in this category must begin verification of employees assigned to the contract within 90 calendar days after the date of enrollment or within 30 days of an employee's assignment to the contract, whichever date is later. d. Upon enrollment, Employers who are Federal contractors may elect to verify employment eligibility of all existing employees working in the United States who were hired after November 6, 1986, instead of verifying only those employees assigned to a covered Federal contract. After enrollment, Employers must elect to verify existing staff following DHS procedures and begin E-Verify verification of all existing employees within 180 days after the election. e. The Employer may use a previously completed Form 1-9 as the basis for creating an E-Verify case for an employee assigned to a contract as long as: i. That Form 1-9 is complete (including the SSN) and complies with Article II.A.6, ii. The employee's work authorization has not expired, and iii. The Employer has reviewed the Form 1-9 information either in person or in communications with the employee to ensure that the employee's Section 1, Form 1-9 attestation has not changed (including, but not limited to, a lawful permanent resident alien having become a naturalized U.S. citizen). f. The Employer shall complete a new Form 1-9 consistent with Article II.A.6 or update the previous Form 1-9 to provide the necessary information if: i. The Employer cannot determine that Form 1-9 complies with Article II.A.6, ii. The employee's basis for work authorization as attested in Section 1 has expired or changed, or iii. The Form 1-9 contains no SSN or is otherwise incomplete. Note: If Section 1 of Form 1-9 is otherwise valid and up-to-date and the form otherwise complies with Page 6 of 17 E-Verify MOU for Employers I Revision Date 06/01/13 � sect v- orE-Verif Company ID Number: 1401871 Article II.C.5, but reflects documentation (such as a U.S. passport or Form 1-551) that expired after completing Form 1-9, the Employer shall not require the production of additional documentation, or use the photo screening tool described in Article II.A.5, subject to any additional or superseding instructions that may be provided on this subject in the E-Verify User Manual. g. The Employer agrees not to require a second verification using E-Verify of any assigned employee who has previously been verified as a newly hired employee under this MOU or to authorize verification of any existing employee by any Employer that is not a Federal contractor based on this Article. 3. The Employer understands that if it is a Federal contractor, its compliance with this MOU is a performance requirement under the terms of the Federal contract or subcontract, and the Employer consents to the release of information relating to compliance with its verification responsibilities under this MOU to contracting officers or other officials authorized to review the Employer's compliance with Federal contracting requirements. C. RESPONSIBILITIES OF SSA 1. SSA agrees to allow DHS to compare data provided by the Employer against SSA's database. SSA sends DHS confirmation that the data sent either matches or does not match the information in SSA's database. 2. SSA agrees to safeguard the information the Employer provides through E-Verify procedures. SSA also agrees to limit access to such information, as is appropriate by law, to individuals responsible for the verification of Social Security numbers or responsible for evaluation of E-Verify or such other persons or entities who may be authorized by SSA as governed by the Privacy Act (5 U.S.C. § 552a), the Social Security Act (42 U.S.C. 1306(a)), and SSA regulations (20 CFR Part 401). 3. SSA agrees to provide case results from its database within three Federal Government work days of the initial inquiry. E-Verify provides the information to the Employer. 4. SSA agrees to update SSA records as necessary if the employee who contests the SSA tentative nonconfirmation visits an SSA field office and provides the required evidence. If the employee visits an SSA field office within the eight Federal Government work days from the date of referral to SSA, SSA agrees to update SSA records, if appropriate, within the eight -day period unless SSA determines that more than eight days may be necessary. In such cases, SSA will provide additional instructions to the employee. If the employee does not visit SSA in the time allowed, E-Verify may provide a final nonconfirmation to the employer. Note: If an Employer experiences technical problems, or has a policy question, the employer should contact E-Verify at 1-888-464-4218. D. RESPONSIBILITIES OF DHS 1. DHS agrees to provide the Employer with selected data from DHS databases to enable the Employer to conduct, to the extent authorized by this MOU: a. Automated verification checks on alien employees by electronic means, and Page 7 of 17 E-Verify MOU for Employers I Revision Date 06/01/13 � sect v- orE-Verif Company ID Number: 1401871 b. Photo verification checks (when available) on employees. 2. DHS agrees to assist the Employer with operational problems associated with the Employer's participation in E-Verify. DHS agrees to provide the Employer names, titles, addresses, and telephone numbers of DHS representatives to be contacted during the E-Verify process. 3. DHS agrees to provide to the Employer with access to E-Verify training materials as well as an E-Verify User Manual that contain instructions on E-Verify policies, procedures, and requirements for both SSA and DHS, including restrictions on the use of E-Verify. 4. DHS agrees to train Employers on all important changes made to E-Verify through the use of mandatory refresher tutorials and updates to the E-Verify User Manual. Even without changes to E-Verify, DHS reserves the right to require employers to take mandatory refresher tutorials. 5. DHS agrees to provide to the Employer a notice, which indicates the Employer's participation in E-Verify. DHS also agrees to provide to the Employer anti -discrimination notices issued by the Office of Special Counsel for Immigration -Related Unfair Employment Practices (OSC), Civil Rights Division, U.S. Department of Justice. 6. DHS agrees to issue each of the Employer's E-Verify users a unique user identification number and password that permits them to log in to E-Verify. 7. DHS agrees to safeguard the information the Employer provides, and to limit access to such information to individuals responsible for the verification process, for evaluation of E-Verify, or to such other persons or entities as may be authorized by applicable law. Information will be used only to verify the accuracy of Social Security numbers and employment eligibility, to enforce the INA and Federal criminal laws, and to administer Federal contracting requirements. 8. DHS agrees to provide a means of automated verification that provides (in conjunction with SSA verification procedures) confirmation or tentative nonconfirmation of employees' employment eligibility within three Federal Government work days of the initial inquiry. 9. DHS agrees to provide a means of secondary verification (including updating DHS records) for employees who contest DHS tentative nonconfirmations and photo mismatch tentative nonconfirmations. This provides final confirmation or nonconfirmation of the employees' employment eligibility within 10 Federal Government work days of the date of referral to DHS, unless DHS determines that more than 10 days may be necessary. In such cases, DHS will provide additional verification instructions. ARTICLE III REFERRAL OF INDIVIDUALS TO SSA AND DHS A. REFERRAL TO SSA 1. If the Employer receives a tentative nonconfirmation issued by SSA, the Employer must print the notice as directed by E-Verify. The Employer must promptly notify employees in private of the finding and provide them with the notice and letter containing information specific to the employee's E-Verify Page 8 of 17 E-Verify MOU for Employers I Revision Date 06/01/13 � sect v- orE-Verif Company ID Number: 1401871 case. The Employer also agrees to provide both the English and the translated notice and letter for employees with limited English proficiency to employees. The Employer agrees to provide written referral instructions to employees and instruct affected employees to bring the English copy of the letter to the SSA. The Employer must allow employees to contest the finding, and not take adverse action against employees if they choose to contest the finding, while their case is still pending. 2. The Employer agrees to obtain the employee's response about whether he or she will contest the tentative nonconfirmation as soon as possible after the Employer receives the tentative nonconfirmation. Only the employee may determine whether he or she will contest the tentative nonconfirmation. 3. After a tentative nonconfirmation, the Employer will refer employees to SSA field offices only as directed by E-Verify. The Employer must record the case verification number, review the employee information submitted to E-Verify to identify any errors, and find out whether the employee contests the tentative nonconfirmation. The Employer will transmit the Social Security number, or any other corrected employee information that SSA requests, to SSA for verification again if this review indicates a need to do so. 4. The Employer will instruct the employee to visit an SSA office within eight Federal Government work days. SSA will electronically transmit the result of the referral to the Employer within 10 Federal Government work days of the referral unless it determines that more than 10 days is necessary. 5. While waiting for case results, the Employer agrees to check the E-Verify system regularly for case updates. 6. The Employer agrees not to ask the employee to obtain a printout from the Social Security Administration number database (the Numident) or other written verification of the SSN from the SSA. B. REFERRAL TO DHS 1. If the Employer receives a tentative nonconfirmation issued by DHS, the Employer must promptly notify employees in private of the finding and provide them with the notice and letter containing information specific to the employee's E-Verify case. The Employer also agrees to provide both the English and the translated notice and letter for employees with limited English proficiency to employees. The Employer must allow employees to contest the finding, and not take adverse action against employees if they choose to contest the finding, while their case is still pending. 2. The Employer agrees to obtain the employee's response about whether he or she will contest the tentative nonconfirmation as soon as possible after the Employer receives the tentative nonconfirmation. Only the employee may determine whether he or she will contest the tentative nonconfirmation. 3. The Employer agrees to refer individuals to DHS only when the employee chooses to contest a tentative nonconfirmation. 4. If the employee contests a tentative nonconfirmation issued by DHS, the Employer will instruct the Page 9 of 17 E-Verify MOU for Employers I Revision Date 06/01/13 � sect v- orE-Verif Company ID Number: 1401871 employee to contact DHS through its toll -free hotline (as found on the referral letter) within eight Federal Government work days. 5. If the Employer finds a photo mismatch, the Employer must provide the photo mismatch tentative nonconfirmation notice and follow the instructions outlined in paragraph 1 of this section for tentative nonconfirmations, generally. 6. The Employer agrees that if an employee contests a tentative nonconfirmation based upon a photo mismatch, the Employer will send a copy of the employee's Form 1-551, Form 1-766, U.S. Passport, or passport card to DHS for review by: a. Scanning and uploading the document, or b. Sending a photocopy of the document by express mail (furnished and paid for by the employer). 7. The Employer understands that if it cannot determine whether there is a photo match/mismatch, the Employer must forward the employee's documentation to DHS as described in the preceding paragraph. The Employer agrees to resolve the case as specified by the DHS representative who will determine the photo match or mismatch. 8. DHS will electronically transmit the result of the referral to the Employer within 10 Federal Government work days of the referral unless it determines that more than 10 days is necessary. 9. While waiting for case results, the Employer agrees to check the E-Verify system regularly for case updates. ARTICLE IV SERVICE PROVISIONS A. NO SERVICE FEES 1. SSA and DHS will not charge the Employer for verification services performed under this MOU. The Employer is responsible for providing equipment needed to make inquiries. To access E-Verify, an Employer will need a personal computer with Internet access. ARTICLE V MODIFICATION AND TERMINATION A. MODIFICATION 1. This MOU is effective upon the signature of all parties and shall continue in effect for as long as the SSA and DHS operates the E-Verify program unless modified in writing by the mutual consent of all parties. 2. Any and all E-Verify system enhancements by DHS or SSA, including but not limited to E-Verify checking against additional data sources and instituting new verification policies or procedures, will be covered under this MOU and will not cause the need for a supplemental MOU that outlines these changes. Page 10 of 17 E-Verify MOU for Employers I Revision Date 06/01/13 � sect v- orE-Verif Company ID Number: 1401871 B. TERMINATION 1. The Employer may terminate this MOU and its participation in E-Verify at any time upon 30 days prior written notice to the other parties. 2. Notwithstanding Article V, part A of this MOU, DHS may terminate this MOU, and thereby the Employer's participation in E-Verify, with or without notice at any time if deemed necessary because of the requirements of law or policy, or upon a determination by SSA or DHS that there has been a breach of system integrity or security by the Employer, or a failure on the part of the Employer to comply with established E-Verify procedures and/or legal requirements. The Employer understands that if it is a Federal contractor, termination of this MOU by any party for any reason may negatively affect the performance of its contractual responsibilities. Similarly, the Employer understands that if it is in a state where E-Verify is mandatory, termination of this by any party MOU may negatively affect the Employer's business. 3. An Employer that is a Federal contractor may terminate this MOU when the Federal contract that requires its participation in E-Verify is terminated or completed. In such cases, the Federal contractor must provide written notice to DHS. If an Employer that is a Federal contractor fails to provide such notice, then that Employer will remain an E-Verify participant, will remain bound by the terms of this MOU that apply to non -Federal contractor participants, and will be required to use the E-Verify procedures to verify the employment eligibility of all newly hired employees. 4. The Employer agrees that E-Verify is not liable for any losses, financial or otherwise, if the Employer is terminated from E-Verify. ARTICLE VI PARTIES A. Some or all SSA and DHS responsibilities under this MOU may be performed by contractor(s), and SSA and DHS may adjust verification responsibilities between each other as necessary. By separate agreement with DHS, SSA has agreed to perform its responsibilities as described in this MOU. B. Nothing in this MOU is intended, or should be construed, to create any right or benefit, substantive or procedural, enforceable at law by any third party against the United States, its agencies, officers, or employees, or against the Employer, its agents, officers, or employees. C. The Employer may not assign, directly or indirectly, whether by operation of law, change of control or merger, all or any part of its rights or obligations under this MOU without the prior written consent of DHS, which consent shall not be unreasonably withheld or delayed. Any attempt to sublicense, assign, or transfer any of the rights, duties, or obligations herein is void. D. Each party shall be solely responsible for defending any claim or action against it arising out of or related to E-Verify or this MOU, whether civil or criminal, and for any liability wherefrom, including (but not limited to) any dispute between the Employer and any other person or entity regarding the applicability of Section 403(d) of IIRIRA to any action taken or allegedly taken by the Employer. E. The Employer understands that its participation in E-Verify is not confidential information and may be disclosed as authorized or required by law and DHS or SSA policy, including but not limited to, Page 11 of 17 E-Verify MOU for Employers i Revision Date 06/01/13 E-Verifv- Company ID Number: 1401871 Congressional oversight, E-Verify publicity and media inquiries, determinations of compliance with Federal contractual requirements, and responses to inquiries under the Freedom of Information Act (FOIA). F. The individuals whose signatures appear below represent that they are authorized to enter into this MOU on behalf of the Employer and DHS respectively. The Employer understands that any inaccurate statement, representation, data or other information provided to DHS may subject the Employer, its subcontractors, its employees, or its representatives to: (1) prosecution for false statements pursuant to 18 U.S.C. 1001 and/or; (2) immediate termination of its MOU and/or; (3) possible debarment or suspension. G. The foregoing constitutes the full agreement on this subject between DHS and the Employer. To be accepted as an E-Verify participant, you should only sign the Employer's Section of the signature page. If you have any questions, contact E-Verify at 1-888-464-4218. Page 12 of 17 E-Verify MOU for Employers I Revision Date 06/01/13 W� ram- . E-Veriff �ylll� o Company ID Number: 1401871 Approved by: Employer McDowell Housing Partners Name (Please Type or Print) Title Christopher L Shear Signature Date Electronically Signed 04/15/2019 Department of Homeland Security — Verification Division Name (Please Type or Print) Title USCIS Verification Division Signature Date Electronically Signed 04/15/2019 Page 13 of 17 E-Verify MOU for Employers I Revision Date 06/01/13 � sect v- orE-Verif Company ID Number: 1401871 Information Required for the E-Verify Program Information relating to your Company: McDowell Housing Partners Company Name 601 Brickell Key Drive, Suite 700 Miami, FL 33131 Company Facility Address 601 Brickell Key Drive, Suite 700 Miami, FL 33131 Company Alternate Address County or Parish MIAMI-DADE Employer Identification Number 831081028 North American Industry 531 Classification Systems Code Parent Company Number of Employees 1 to 4 Number of Sites Verified for 1 Page 14 of 17 E-Verify MOU for Employers I Revision Date 06/01/13 E-Verifv- Company ID Number: 1401871 Are you verifying for more than 1 site? If yes, please provide the number of sites verified for in each State: FLORIDA 1 site(s) Page 15 of 17 E-Verify MOU for Employers I Revision Date 06/01/13 E-Verifv- Company ID Number: 1401871 Information relating to the Program Administrator(s) for your Company on policy questions or operational problems: Name Ariana Brendle Phone Number (786) 257 - 2793 Fax Number Email Address abrendle@mcdhousing.com Name Charles Koslosky Phone Number (415) 216 - 1613 Fax Number Email Address ckoslosky@mcdprop.com Name Christopher L Shear Phone Number (786) 257 - 2767 Fax Number Email Address cshear@mcdhousing.com Page 16 of 17 E-Verify MOU for Employers I Revision Date 06/01/13 E-Verifv- Company ID Number: 1401871 Page intentionally left blank Page 17 of 17 E-Verify MOU for Employers I Revision Date 06/01/13 rer C.outaty Form 6: Vendor Substitute W —9 Request for Taxpayer Identification Number and Certification In accordance with the Internal Revenue Service regulations, Collier County is required to collect the following information for tax reporting purposes from individuals and companies who do business with the County (including social security numbers if used by the individual or company for tax reporting purposes). Florida Statute 119.071(5) requires that the county notify you in writing of the reason for collecting this information, which will be used for no other purpose than herein stated. Please complete all information that applies to your business and return with your quote or proposal. 1. General Information (provide all information) (as shown on income tax return) Business Name (iif li ferent from taxpayer name) Address: 601 Brickell Key Drive, Ste. 700 City: Miami State: FL Zip: 33131 Telephone 786-257-2767 Emailirshear(Amcdhoushm.com Order Information (Must be filled out) Remit / Payment Information (Must be filled out) Address 601 Brickell Key Drive, Ste. 700 Address 601 Brickell Key Drive, Ste. 700 City Miami State FL Zip 33131 City Miami State FL Zip 33131 Email sheaamcdhousine corn Email Mhearfolincdhousima corn 2. Company Status (check only one) _Individual / Sole Proprietor _Corporation Partnership Tax Exempt (Federal income tax-exempt entity X Limited Liability Company under Internal Revenue Service guidelines IRC 501 (c) 3) P Enter the tax classification 3. Taxpayer Identification Number (for tax reponingpurposes only) Federal Tax Identification Number (TIN) 83-1081028 Vendors who do not have a TIN, will be required to provide a social security number prior to an award). 4. Sign and Date Form: Certification: Under Penalties otnerium.. 1 certify that the information shown an this form is enrrect m my knawlodoo Signature i Date 0129/2020 Title Managing Director Phone Number 786-257-2767 Collier County Solicitation 20-7698 INSURANCE AND BONDING REQUIREMENTS Insurance / Band Type Required Limits 1. ® Worker's Compensation Statutory Limits of Florida Statutes, Chapter 440 and all Federal Government Statutory Limits and Requirements Evidence of Workers' Compensation coverage or a Certificate of Exemption issued by the State of Florida is required. Entities that are formed as Sole Proprietorships shall not be required to provide a proof of exemption. An application for exemption can be obtained online at httos://aups.fldfs.com/bocexemuU 2. ® Employer's Liability $_500,000_ single limit per occurrence 3. ® Commercial General Bodily Injury and Property Damage Liability (Occurrence Form) patterned after the current $_1,000,000single limit per occurrence, $2,000,000 aggregate for Bodily ISO form Injury Liability and Property Damage Liability. This shall include Premises and Operations; Independent Contractors; Products and Completed Operations and Contractual Liability. 4. ® Indemnification To the maximum extent permitted by Florida law, the ContramorNendor shall defend, indemnify and hold harmless Collier County, its officers and employees from any and all liabilities, damages, losses and costs, including, but not limited to, reasonable attorneys' fees and paralegals' fees, to the extent caused by the negligence, recklessness, or intentionally wrongful conduct of the Contractor/ Vendor or anyone employed or utilized by the ContractorNendor in the performance of this Agreement. S. ® Automobile Liability $ 1,000,000 Each Occurrence; Bodily Injury & Property Damage. Owned/Non-owned/Himd; Automobile Included 6. ® Other insurance as noted: ❑ Watercraft $ Per Occurrence ❑ United States Longshoreman's and Harborworker's Act coverage shall be maintained where applicable to the completion of the work. $ Per Occurrence ❑ Maritime Coverage (Jones Act) shall be maintained where applicable to the completion of the work. $ Per Occurrence ❑ Aircraft Liability coverage shall be carried in limits of not less than $5,000,000 each occurrence if applicable to the completion of the Services under this Agreement. $ Per Occurrence ❑ Pollution $ Per Occurrence ® Professional Liability $ _1,000,000_ Per claim & in the aggregate ❑ Project Professional Liability $ Per Occurrence ❑ Valuable Papers Insurance $ Per Occurrence ❑ Cyber Liability $ Per Occurrence ❑ Technology Errors & Omissions $ Per Occurrence 7. ❑ Bid bond Shall be submitted with proposal response in the form of certified funds, cashiers' check or an irrevocable letter of credit, a cash bond posted with the County Clerk, or proposal bond in a sum equal to 5% of the cost proposal. All checks shall be made payable to the Collier County Board of County Commissioners on a bank or trust company located in the State of Florida and insured by the Federal Deposit Insurance Corporation. 1/100020 7:48 Ma p. 33 Collier County Solicitation 20-7698 8. ❑ Performance and Payment For projects in excess of $200,000, bonds shall be submitted with the executed Bonds contract by Proposers receiving award, and written for 100% of the Contract award amount, the cost borne by the Proposer receiving an award. The Performance and Payment Bonds shall be underwritten by a surety authorized to do business in the State of Florida and otherwise acceptable to Owner, provided, however, the surety shall be rated as "A-" or better as to general policy holders rating and Class V or higher rating as m financial size category and the amount required shall not exceed 5% of the reported policy holders' surplus, all as reported in the most current Best Key Rating Guide, published by A.M. Best Company, Inc. of 75 Fulton Street, New York, New York 10038. 9. ® Vendor shall ensure that all subcontractors comply with the same insurance requirements that he is required to meet. The same Vendor shall provide County with certificates of insurance meeting the required insurance provisions. 10. ® Collier County must be named as "ADDITIONAL INSURED" on the Insurance Certificate for Commercial General Liability where required. This insurance shall be primary and non-contributory with respect to any other insurance maintained by, or available for the benefit of, the Additional Insured and the Vendor's policy shall be endorsed accordingly. 11. ® The Certificate Holder shall be named as Collier County Board of County Commissioners, OR, Board of County Commissioners in Collier County, OR Collier County Government, OR Collier County. The Certificates of Insurance must state the Contract Number, or Project Number, or specific Project description, or must read: For any and all work performed on behalf of Collier County. t2. ® On all certificates, the Certificate Holder must read: Collier County Board of County Commissioners, 3295 Tamiami Trail East, Naples, FL 34112 13. ® Thirty (30) Days Cancellation Notice required. 14. Collier County shall procure and maintain Builders Risk Insurance on all construction projects where it is deemed necessary. Such coverage shall be endorsed to cover the interests of Collier County as well as the Contractor. Premiums shall be billed to the project and the Contractor shall not include Builders Risk premiums in its project proposal or project billings. All questions regarding Builder's Risk Insurance will be addressed by the Collier County Risk Management Division. 12/16/19 - CC Vendor's Insurance Statement We understand the insurance requirements of these specifications and that the evidence of insurability may be required within five (5) days of the award of this solicitation. The insurance submitted must provide coverage for a minimum of six (6) months into the date of award.,{{{„„„.��— Name of Firm MclkRtU Nooj;nDate 11141, V Vendor Signature Print Name Utl J / w Insurance Agency (@pt7�l yt /(I m�1 rIQ Agent Name Wrl9h I f4llt4 Telephone Number YSI(- M'��%f 1/1012020 7:48 AM p.m EXECUTED FORMS C 2L County Adnenistratve Sevicas Department Rco amen SeMxs Dmsion Form 2: Vendor Check List Updated: October 24t1' 2019 IMPORTANT: THIS SHEET MUST BE SIGNED. Please read carefully, sign in the spaces indicated and submit with your Proposal through Bidsync. Vendor should check off each of the following items as the necessary action is completed: l( The Solicitation Submittal has been signed. ❑ The Solicitation Pricing Document (Bid Schedule/Quote Schedule/etc.) has been completed and attached./Ft All applicable forms have been signed and included, along with licenses to complete the requirements of the project. (� Any addenda have been signed and included. ❑ Affidavit for Claiming Status as a Local Business, if aonlicable. Collier or Lee County Business Tax Receipt MUST be included. 0/a Proof of status from Division of Corporations - Florida Department of State (If work performed in the State) - htti3://dos.mvflorida.com/sunbi . Proof of E-Verify (Memorandum of Understanding or Company Profile page) and Immigration Affidavit MUST be included - httos://www.e-verify.aov/. ❑ Grant Provisions and Assurances package in its entirety, if aonlicable. [� Reference Questionnaires MUST be included or you may be deemed non -responsive. ALL SUBMITTALS MUST HAVE THE SOLICITATION NUMBER AND TITLE Name of Firm: National Community Renaissance of California Address: 9421 Haven Avenue City, State, Zip: _Rancho Cucamonga, CA 91730 Telephone: _909-483-2444 Email:—m7ruane nat' nalcore.org; troeAnationalcore.org Representative Signature: vt/` A } Representative Name: ' 1 C�� G {'. I I� iA (t I lL _ Date CoiCer County Administrative Services Department Pmcume t Services Division Form 3: Conflict of Interest Affidavit The Vendor certifies that, to the best of its knowledge and belief, the past and current work on any Collier County project affiliated with this solicitation does not pose an organizational conflict as described by one of the three categories below: Biased ground rules —The firm has not set the "ground rules" for affiliated past or current Collier County project identified above (e.g., writing a procurement's statement of work, specifications, or performing systems engineering and technical direction for the procurement) which appears to skew the competition in favor of my firm. Impaired objectivity — The firm has not performed work on an affiliated past or current Collier County project identified above to evaluate proposals / past performance of itself or a competitor, which calls into question the contractor's ability to render impartial advice to the government. Unequal access to information —The firm has not had access to nonpublic information as part of its performance of a Collier County project identified above which may have provided the contractor (or an affiliate) with an unfair competitive advantage in current or future solicitations and contracts. In addition to this signed affidavit, the contractor / vendor must provide the following: 1. All documents produced as a result of the work completed in the past or currently being worked on for the above -mentioned project; and, 2. Indicate if the information produced was obtained as a matter of public record (in the "sunshine") or through non-public (not in the "sunshine") conversation (s), meeting(s), document(s) and/or other means. Failure to disclose all material or having an organizational conflict in one or more of the three categories above be identified, may result in the disqualification for future solicitations affiliated with the above referenced project(s). By the signature below, the firm (employees, officers and/or agents) certifies, and hereby discloses, that, to the best of their knowledge and belief, all relevant facts concerning past, present, or currently planned interest or activity (financial, contractual, organizational, or otherwise) which relates to the project identified above has been fully disclosed and does not pose an organizational conflict. Print Name: Michael Ruane Title of Signatory: Executive Vice President Colter County Administrative Services Department Procurement Services Division Form 4: Vendor Declaration Statement BOARD OF COUNTY COMMISSIONERS Collier County Government Complex Naples, Florida 34112 Dear Commissioners: The undersigned, as Vendor declares that this response is made without connection or arrangement with any other person and this proposal is in every respect fair and made in good faith, without collusion or fraud. The Vendor agrees, if this solicitation submittal is accepted, to execute a Collier County document for the purpose of establishing a formal contractual relationship between the firm and Collier County, for the performance of all requirements to which the solicitation pertains. The Vendor states that the submitted is based upon the documents listed by the above referenced Solicitation. Further, the vendor agrees that if awarded a contract for these goods and/or services, the vendor will not be eligible to compete, submit a proposal, be awarded, or perform as a sub -vendor for any future associated with work that is a result of this awarded contract IN WITNESS WHEREOF, WE have hereunto` subscribed our names on this a0l day of art Ua 20 Join the County of Sa n & 01a, rc( in the State oflire. Firm's Legal Name: Address: City, State, Zip Code: Florida Certificate of Authority Document Number Federal Tax Identification Number *CCR # or CAGE Code *Only if Grant Funded Telephone: Signature by: (Typed and written) Title: NATIONAL COMMUNITY RENAISSANCE OF CALIFORNIA DB/A National Community Renaissance of California, Inc. 9421 HAVEN AVENUE RANCHO CUCAMONGA, CA 91730 F11000003094 *ff4I&AV%iV 909-483-2444 Michael Roane, Executive Vice President Additional Contact Information Send payments to: National Community Renaissance of California (required if different from Company name used as payee above) Contact name: Michael Finn Title: Chief Financial Officer Address: 9421 Haven Avenue City, State, ZIP Rancho Cucamonga, CA 91730 Telephone: 909-483-2444 Email: mfmn@nationalcore.org Office servicing Collier County to place orders (required if different from above) Contact name: Title: Address: City, State, ZIP Telephone: Email: California All -Purpose Acknowledgment A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California County of San Bernardino On January 22, 2020 before me, personally appeared S.S. Monica Rodriguez, Notary Public Michael Ruane r2, who proved to me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his authorized capacity, and that by his signature on the instrument the person, or the entity upon behalf of which the person acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws Ma4fcA RODRIGIJEZ of the State of California that the foregoing paragraph Notary Public - California is true and correct. a °=o San Bernardino county i Commission #f 2194994 WITNESS my hand and official seal. My Comm. Expires Ma 26, 2021 ;,y Public OPTIONAL INFORMATION Although the information in this section is not required by law, it could prevent fraudulent removal and reattachment of this acknowledgment to an unauthorized document and may prove useful to persons relying on the attached document. Description of Attached Document The preceding Certificate of Acknowledgment is attached to a document titled/for the purpose of containing _ pages, and dated The signer(s) capacity or authority is/are as: ❑ Individual(s) ❑ Attorney -in -fact ❑ Corporate officer(s) ❑ Guardian/Conservator ❑ Partner - Limited/General ❑ Trustee(s) n Other: representing: rltlefsj ellv ieisl of Peso 111 EWiYVesl tipyiai k H-Oresu Method of Signer Identification Proved to me on the basis of satisfactory evidence: ❑ form(s) of identification ❑ credible vntness(es) Notarial event is detailed in notary journal on: Page# Entry# Notary contact: Other ❑ Additional Signer ❑ Signer(s) Thumbprmts(s) Collier County Administrative Services Depatrent Procurement Services Division Form 5: Immigration Affidavit Certification This Affidavit is required and should be signed, by an authorized principal of the firm and submitted with formal solicitation submittals. Further, Vendors are required to enroll in the E-Verify program, and provide acceptable evidence of their enrollment, at the time of the submission of the Vendor's proposal. Acceptable evidence consists of a copy of the properly completed E-Verify Company Profile page or a copy of the fully executed E-Verify Memorandum of Understanding for the company. Failure to include this Affidavit and acceptable evidence of enrollment in the E-Verify program may deem the Vendor's proposal as non -responsive https://www.e-verify.gov/. Collier County will not intentionally award County contracts to any Vendor who knowingly employs unauthorized alien workers, constituting a violation of the employment provision contained in 8 U.S.C. Section 1324 a(e) Section 274A(e) of the Immigration and Nationality Act ("INN'). Collier County may consider the employment by any Vendor of unauthorized aliens a violation of Section 274A (e) of the INA. Such Violation by the recipient of the Employment Provisions contained in Section 274A (e) of the INA shall be grounds for unilateral termination of the contract by Collier County. Vendor attests that they are fully compliant with all applicable immigration laws (specifically to the 1986 Immigration Act and subsequent Amendment(s)) and agrees to comply with the provisions of the Memorandum of Understanding with E-Verify and to provide proof of enrollment in The Employment Eligibility Verification System (E-Verify), operated by the Department of Homeland Security in partnership with the Social Security Administration at the time of submission of the Vendor's proposal. Company Name National Community Renaissance of California Print Name Michael Ruann Title Executive Vice President Signature — Date Z 2 G r=-Veri Company ID Number: 2731719 THE E-VERIFY MEMORANDUM OF UNDERSTANDING FOR EMPLOYERS ARTICLE I PURPOSE AND AUTHORITY The parties to this agreement are the Department of Homeland Security (DHS) and the National Community Renaissance (Employer). The purpose of this agreement is to set forth terms and conditions which the Employer and the E-Verify Employer Agent will follow while participating in E-Verify. E-Verify is a program that electronically confirms an employee's eligibility to work in the United States after completion of Form 1-9, Employment Eligibility Verification (Form 1-9). This Memorandum of Understanding (MOU) explains certain features of the E-Verify program and describes specific responsibilities of the Employer, the Social Security Administration (SSA), and DHS. Authority for the E-Verify program is found in Title IV, Subtitle A, of the Illegal Immigration Reform and Immigrant Responsibility Act of 1996 (IIRIRA), Pub. L. 104-208, 110 Stat. 3009, as amended (8 U.S.C. Section 1324a note). The Federal Acquisition Regulation (FAR) Subpart 22.18, "Employment Eligibility Verification" and Executive Order 12989, as amended, provide authority for Federal contractors and subcontractors (Federal contractor) to use E- Verify to verify the employment eligibility of certain employees working on Federal contracts. ARTICLE II RESPONSIBILITIES A. RESPONSIBILITIES OF THE EMPLOYER 1. The Employer agrees to display the following notices supplied by DHS in a prominent place that is clearly visible to prospective employees and all employees who are to be verified through the system: A. Notice of E-Verify Participation B. Notice of Right to Work 2. The Employer agrees to provide to the SSA and DHS the names, titles, addresses, and telephone numbers of the Employer representatives to be contacted about E-Verify. The Employer also agrees to keep such information current by providing updated information to SSA and DHS whenever the representatives' contact information changes. Page 1 of 13 1 E-Verify MOU for Employer I Revision Date 06/01/13 r=-Veri Company ID Number: 2731719 3. The Employer agrees to grant E-Verify access only to current employees who need E-Verify access. Employers must promptly terminate an employee's E-Verify access if the employee is separated from the company or no longer needs access to E-Verify. 4. The Employer agrees to become familiar with and comply with the most recent version of the E-Verify User Manual. 5. A. The Employer agrees that all Employer representatives will take the refresher tutorials when prompted by E-Verify in order to continue using E-Verify. Failure to complete a refresher tutorial will prevent the Employer Representative from continued use of E-Verify. 6. The Employer agrees to comply with current Form 1-9 procedures, with two exceptions: A. If an employee presents a "List B" identity document, the Employer agrees to only accept "List B" documents that contain a photo. (List B documents identified in 8 C.F.R. Section 274a.2(b)(1)(B)) can be presented during the Form 1-9 process to establish identity.) If an employee objects to the photo requirement for religious reasons, the Employer should contact E-Verify at 888-464-4218. B. If an employee presents a DHS Form 1-551 (Permanent Resident Card), Form 1-766 (Employment Authorization Document), or U.S. Passport or Passport Card to complete Form 1-9, the Employer agrees to make a photocopy of the document and to retain the photocopy with the employee's Form 1-9. The Employer will use the photocopy to verify the photo and to assist DHS with its review of photo mismatches that employees contest. DHS may in the future designate other documents that activate the photo screening tool. Note: Subject only to the exceptions noted previously in this paragraph, employees still retain the right to present any List A, or List B and List C, document(s) to complete the Form 1-9. 7. The Employer agrees to record the case verification number on the employee's Form 1-9 or to print the screen containing the case verification number and attach it to the employee's Form 1-9. 8. The Employer agrees that, although it participates in E-Verify, the Employer has a responsibility to complete, retain, and make available for inspection Forms 1-9 that relate to its employees, or from other requirements of applicable regulations or laws, including the obligation to comply with the antidiscrimination requirements of section 274B of the INA with respect to Form 1-9 procedures. A. The following modified requirements are the only exceptions to an Employer's obligation to not employ unauthorized workers and comply with the anti -discrimination provision of the INA: (1) List B identity documents must have photos, as described in paragraph 6 above; (2) When an Employer confirms the identity and employment eligibility of newly hired employee using E-Verify procedures, the Employer establishes a rebuttable presumption that it has not violated section 274A(a)(1)(A) of the Immigration and Nationality Act (INA) with respect to the hiring of that employee; (3) If the Employer receives a final nonconfirmation for an employee, but continues to employ that person, the Employer must notify DHS and the Employer is subject to a civil money penalty between $550 and $1,100 for each failure to notify DHS of continued employment following a final nonconfirmation; (4) If the Employer continues to employ an employee after receiving a final nonconfirmation, then the Employer is subject to a rebuttable presumption that it has knowingly employed an unauthorized alien in violation of section 274A(a)(1)(A); and (5) no E-Verify participant is civilly or criminally liable under any law for any action taken in good faith based on information provided through the E-Verify. B. DHS reserves the right to conduct Form 1-9 compliance inspections, as well as any other enforcement or compliance activity authorized by law, including site visits, to ensure proper use of E-Verify. 9. The Employer is strictly prohibited from creating an E-Verify case before the employee has been hired, meaning that a firm offer of employment was extended and accepted and Form 1-9 was completed. The Employer agrees to create an E-Verify case for new employees within three Employer business days after each employee has been hired (after both Sections 1 and 2 of Form 1-9 have been completed), and to complete as many steps of the E-Verify process as are necessary according to the E-Verify User Manual. If E- Verify is temporarily unavailable, the three-day time period will be extended until it is again operational in order to accommodate the Employer's attempting, in good faith, to make inquiries during the period of unavailability. 10. The Employer agrees not to use E-Verify for pre -employment screening of job applicants, in support of any unlawful employment practice, or for any other use that this MOU or the E-Verify User Manual does not authorize. 11. The Employer must use E-Verify for all new employees. The Employer will not verify selectively and will not verify employees hired before the effective date of this MOU. Employers who are Federal contractors may qualify for exceptions to this requirement as described in Article 11.13 of this MOU. Page 2 of 13 1 E-Verify MOU for Employer I Revision Date 06/01/13 r=-Veri Company ID Number: 2731719 12. The Employer agrees to follow appropriate procedures (see Article III below) regarding tentative nonconfirmations. The Employer must promptly notify employees in private of the finding and provide them with the notice and letter containing information specific to the employee's E-Verify case. The Employer agrees to provide both the English and the translated notice and letter for employees with limited English proficiency to employees. The Employer agrees to provide written referral instructions to employees and instruct affected employees to bring the English copy of the letter to the SSA. The Employer must allow employees to contest the finding, and not take adverse action against employees if they choose to contest the finding, while their case is still pending. Further, when employees contest a tentative nonconfirmation based upon a photo mismatch, the Employer must take additional steps (see Article III.B. below) to contact DHS with information necessary to resolve the challenge. 13. The Employer agrees not to take any adverse action against an employee based upon the employee's perceived employment eligibility status while SSA or DHS is processing the verification request unless the Employer obtains knowledge (as defined in 8 C.F.R. Section 274a.1(1)) that the employee is not work authorized. The Employer understands that an initial inability of the SSA or DHS automated verification system to verify work authorization, a tentative nonconfirmation, a case in continuance (indicating the need for additional time for the government to resolve a case), or the finding of a photo mismatch, does not establish, and should not be interpreted as, evidence that the employee is not work authorized. In any of such cases, the employee must be provided a full and fair opportunity to contest the finding, and if he or she does so, the employee may not be terminated or suffer any adverse employment consequences based upon the employee's perceived employment eligibility status (including denying, reducing, or extending work hours, delaying or preventing training, requiring an employee to work in poorer conditions, withholding pay, refusing to assign the employee to a Federal contract or other assignment, or otherwise assuming that he or she is unauthorized to work) until and unless secondary verification by SSA or DHS has been completed and a final nonconfirmation has been issued. If the employee does not choose to contest a tentative nonconfirmation or a photo mismatch or if a secondary verification is completed and a final nonconfirmation is issued, then the Employer can find the employee is not work authorized and terminate the employee's employment. Employers or employees with questions about a final nonconfirmation may call E-Verify at 1-888-464- 4218 (customer service) or 1-888-897-7781 (worker hotline). 14. The Employer agrees to comply with Title VII of the Civil Rights Act of 1964 and section 274B of the INA as applicable by not discriminating unlawfully against any individual in hiring, firing, employment eligibility verification, or recruitment or referral practices because of his or her national origin or citizenship status, or by committing discriminatory documentary practices. The Employer understands that such illegal practices can include selective verification or use of E-Verify except as provided in part D below, or discharging or refusing to hire employees because they appear or sound "foreign" or have received tentative nonconfirmations. The Employer further understands that any violation of the immigration -related unfair employment practices provisions in section 274B of the INA could subject the Employer to civil penalties, back pay awards, and other sanctions, and violations of Title VII could subject the Employer to back pay awards, compensatory and punitive damages. Violations of either section 274B of the INA or Title VII may also lead to the termination of its participation in E-Verify. If the Employer has any questions relating to the anti -discrimination provision, it should contact OSC at 1-800-255-8155 or 1-800-237-2515 (TDD). 15. The Employer agrees that it will use the information it receives from E-Verify only to confirm the employment eligibility of employees as authorized by this MOU. The Employer agrees that it will safeguard this information, and means of access to it (such as PINS and passwords), to ensure that it is not used for any other purpose and as necessary to protect its confidentiality, including ensuring that it is not disseminated to any person other than employees of the Employer who are authorized to perform the Employer's responsibilities under this MOU, except for such dissemination as may be authorized in advance by SSA or DHS for legitimate purposes. 16. The Employer agrees to notify DHS immediately in the event of a breach of personal information. Breaches are defined as loss of control or unauthorized access to E-Verify personal data. All suspected or confirmed breaches should be reported by calling 1-888-464-4218 or via email at E-Verify@dhs.gov. Please use "Privacy Incident - Password" in the subject line of your email when sending a breach report to E-Verify. 17. The Employer acknowledges that the information it receives from SSA is governed by the Privacy Act (5 U.S.C. Section 5520)(1) and (3)) and the Social Security Act (42 U.S.C. 1306(a)). Any person who obtains this information under false pretenses or uses it for any purpose other than as provided for in this MOU may be subject to criminal penalties. 18. The Employer agrees to cooperate with DHS and SSA in their compliance monitoring and evaluation of E- Verify, which includes permitting DHS, SSA, their contractors and other agents, upon reasonable notice, to review Forms 1-9 and other employment records and to interview it and its employees regarding the Employer's use of E-Verify, and to respond in a prompt and accurate manner to DHS requests for information relating to their participation in E-Verify. 19. The Employer shall not make any false or unauthorized claims or references about its participation in E- Verify on its website, in advertising materials, or other media. The Employer shall not describe its services Page 3 of 13 1 E-Verify MOU for Employer I Revision Date 06/01/13 r=-Veri Company ID Number: 2731719 as federally -approved, federally -certified, or federally -recognized, or use language with a similar intent on its website or other materials provided to the public. Entering into this MOU does not mean that E-Verify endorses or authorizes your E-Verify services and any claim to that effect is false. 20. The Employer shall not state in its website or other public documents that any language used therein has been provided or approved by DHS, USCIS or the Verification Division, without first obtaining the prior written consent of DHS. 21. The Employer agrees that E-Verify trademarks and logos may be used only under license by DHS/USCIS (see M-795 (Web)) and, other than pursuant to the specific terms of such license, may not be used in any manner that might imply that the Employer's services, products, websites, or publications are sponsored by, endorsed by, licensed by, or affiliated with DHS, USCIS, or E-Verify. 22. The Employer understands that if it uses E-Verify procedures for any purpose other than as authorized by this MOU, the Employer may be subject to appropriate legal action and termination of its participation in E- Verify according to this MOU. B. RESPONSIBILITIES OF FEDERAL CONTRACTORS 1. If the Employer is a Federal contractor with the FAR E-Verify clause subject to the employment verification terms in Subpart 22.18 of the FAR, it will become familiar with and comply with the most current version of the E-Verify User Manual for Federal Contractors as well as the E-Verify Supplemental Guide for Federal Contractors. 2. In addition to the responsibilities of every employer outlined in this MOU, the Employer understands that if it is a Federal contractor subject to the employment verification terms in Subpart 22.18 of the FAR it must verify the employment eligibility of any "employee assigned to the contract" (as defined in FAR 22.1801). Once an employee has been verified through E-Verify by the Employer, the Employer may not create a second case for the employee through E-Verify. A. An Employer that is not enrolled in E-Verify as a Federal contractor at the time of a contract award must enroll as a Federal contractor in the E-Verify program within 30 calendar days of contract award and, within 90 days of enrollment, begin to verify employment eligibility of new hires using E-Verify. The Employer must verify those employees who are working in the United States, whether or not they are assigned to the contract. Once the Employer begins verifying new hires, such verification of new hires must be initiated within three business days after the hire date. Once enrolled in E-Verify as a Federal contractor, the Employer must begin verification of employees assigned to the contract within 90 calendar days after the date of enrollment or within 30 days of an employee's assignment to the contract, whichever date is later. Employers enrolled in E-Verify as a Federal contractor for 90 days or more at the time of a contract award must use E-Verify to begin verification of employment eligibility for new hires of the Employer who are working in the United States, whether or not assigned to the contract, within three business days after the date of hire. If the Employer is enrolled in E-Verify as a Federal contractor for 90 calendar days or less at the time of contract award, the Employer must, within 90 days of enrollment, begin to use E-Verify to initiate verification of new hires of the contractor who are working in the United States, whether or not assigned to the contract. Such verification of new hires must be initiated within three business days after the date of hire. An Employer enrolled as a Federal contractor in E-Verify must begin verification of each employee assigned to the contract within 90 calendar days after date of contract award or within 30 days after assignment to the contract, whichever is later. C. Federal contractors that are institutions of higher education (as defined at 20 U.S.C. 1001(a)), state or local governments, governments of Federally recognized Indian tribes, or sureties performing under a takeover agreement entered into with a Federal agency under a performance bond may choose to only verify new and existing employees assigned to the Federal contract. Such Federal contractors may, however, elect to verify all new hires, and/or all existing employees hired after November 6, 1986. Employers in this category must begin verification of employees assigned to the contract within 90 calendar days after the date of enrollment or within 30 days of an employee's assignment to the contract, whichever date is later. D. Upon enrollment, Employers who are Federal contractors may elect to verify employment eligibility of all existing employees working in the United States who were hired after November 6, 1986, instead of verifying only those employees assigned to a covered Federal contract. After enrollment, Employers must elect to verify existing staff following DHS procedures and begin E-Verify verification of all existing employees within 180 days after the election. E. The Employer may use a previously completed Form 1-9 as the basis for creating an E-Verify case for an employee assigned to a contract as long as: i. That Form 1-9 is complete (including the SSN) and complies with Article II.A.6, Page 4 of 13 1 E-Verify MOU for Employer I Revision Date 06/01/13 r=-Veri Company ID Number: 2731719 ii. The employee's work authorization has not expired, and iii. The Employer has reviewed the Form 1-9 information either in person or in communications with the employee to ensure that the employee's Section 1, Form 1-9 attestation has not changed (including, but not limited to, a lawful permanent resident alien having become a naturalized U.S. citizen). F. The Employer shall complete a new Form 1-9 consistent with Article II.A.6 or update the previous Form 1-9 to provide the necessary information if: i. The Employer cannot determine that Form 1-9 complies with Article II.A.6, ii. The employee's basis for work authorization as attested in Section 1 has expired or changed, or iii. The Form 1-9 contains no SSN or is otherwise incomplete. Note: If Section 1 of Form 1-9 is otherwise valid and up-to-date and the form otherwise complies with Article II.C.5, but reflects documentation (such as a U.S. passport or Form 1-551) that expired after completing Form 1-9, the Employer shall not require the production of additional documentation, or use the photo screening tool described in Article II.A.5, subject to any additional or superseding instructions that may be provided on this subject in the E-Verify User Manual. G. The Employer agrees not to require a second verification using E-Verify of any assigned employee who has previously been verified as a newly hired employee under this MOU or to authorize verification of any existing employee by any Employer that is not a Federal contractor based on this Article. 3. The Employer understands that if it is a Federal contractor, its compliance with this MOU is a performance requirement under the terms of the Federal contract or subcontract, and the Employer consents to the release of information relating to compliance with its verification responsibilities under this MOU to contracting officers or other officials authorized to review the Employer's compliance with Federal contracting requirements. C. RESPONSIBILITIES OF SSA 1. SSA agrees to allow DHS to compare data provided by the Employer against SSA's database. SSA sends DHS confirmation that the data sent either matches or does not match the information in SSA's database. 2. SSA agrees to safeguard the information the Employer provides through E-Verify procedures. SSA also agrees to limit access to such information, as is appropriate by law, to individuals responsible for the verification of Social Security numbers or responsible for evaluation of E-Verify or such other persons or entities who may be authorized by SSA as governed by the Privacy Act (5 U.S.C. Section 552a), the Social Security Act (42 U.S.C. 1306(a)), and SSA regulations (20 CFR Part 401). 3. SSA agrees to provide case results from its database within three Federal Government work days of the initial inquiry. E-Verify provides the information to the Employer. 4. SSA agrees to update SSA records as necessary if the employee who contests the SSA tentative nonconfirmation visits an SSA field office and provides the required evidence. If the employee visits an SSA field office within the eight Federal Government work days from the date of referral to SSA, SSA agrees to update SSA records, if appropriate, within the eight -day period unless SSA determines that more than eight days may be necessary. In such cases, SSA will provide additional instructions to the employee. If the employee does not visit SSA in the time allowed, E-Verify may provide a final nonconfirmation to the employer. Note: If an Employer experiences technical problems, or has a policy question, the employer should contact E- Verify at 1-888-464-4218. 1. DHS agrees to provide the Employer with selected data from DHS databases to enable the Employer to conduct, to the extent authorized by this MOU: A. Automated verification checks on alien employees by electronic means, and B. Photo verification checks (when available) on employees. 2. DHS agrees to assist the Employer with operational problems associated with the Employer's participation in E-Verify. DHS agrees to provide the Employer names, titles, addresses, and telephone numbers of DHS representatives to be contacted during the E-Verify process. 3. DHS agrees to provide to the Employer with access to E-Verify training materials as well as an E-Verify User Manual that contain instructions on E-Verify policies, procedures, and requirements for both SSA and DHS, including restrictions on the use of E-Verify. Page 5 of 13 1 E-Verify MOU for Employer I Revision Date 06/01/13 r=-Veri Company ID Number: 2731719 4. DHS agrees to train Employers on all important changes made to E-Verify through the use of mandatory refresher tutorials and updates to the E-Verify User Manual. Even without changes to E-Verify, DHS reserves the right to require employers to take mandatory refresher tutorials. 5. DHS agrees to provide to the Employer a notice, which indicates the Employer's participation in E-Verify. DHS also agrees to provide to the Employer anti -discrimination notices issued by the Office of Special Counsel for Immigration -Related Unfair Employment Practices (OSC), Civil Rights Division, U.S. Department of Justice. 6. DHS agrees to issue each of the Employer's E-Verify users a unique user identification number and password that permits them to log in to E-Verify. 7. DHS agrees to safeguard the information the Employer provides, and to limit access to such information to individuals responsible for the verification process, for evaluation of E-Verify, or to such other persons or entities as may be authorized by applicable law. Information will be used only to verify the accuracy of Social Security numbers and employment eligibility, to enforce the INA and Federal criminal laws, and to administer Federal contracting requirements. 8. DHS agrees to provide a means of automated verification that provides (in conjunction with SSA verification procedures) confirmation or tentative nonconfirmation of employees' employment eligibility within three Federal Government work days of the initial inquiry. 9. DHS agrees to provide a means of secondary verification (including updating DHS records) for employees who contest DHS tentative nonconfirmations and photo mismatch tentative nonconfirmations. This provides final confirmation or nonconfirmation of the employees' employment eligibility within 10 Federal Government work days of the date of referral to DHS, unless DHS determines that more than 10 days may be necessary. In such cases, DHS will provide additional verification instructions. ARTICLE III REFERRAL OF INDIVIDUALS TO SSA AND DHS A. REFERRAL TO SSA If the Employer receives a tentative nonconfirmation issued by SSA, the Employer must print the notice as directed by E-Verify. The Employer must promptly notify employees in private of the finding and provide them with the notice and letter containing information specific to the employee's E-Verify case. The Employer also agrees to provide both the English and the translated notice and letter for employees with limited English proficiency to employees. The Employer agrees to provide written referral instructions to employees and instruct affected employees to bring the English copy of the letter to the SSA. The Employer must allow employees to contest the finding, and not take adverse action against employees if they choose to contest the finding, while their case is still pending. 2. The Employer agrees to obtain the employee's response about whether he or she will contest the tentative nonconfirmation as soon as possible after the Employer receives the tentative nonconfirmation. Only the employee may determine whether he or she will contest the tentative nonconfirmation. 3. After a tentative nonconfirmation, the Employer will refer employees to SSA field offices only as directed by E-Verify. The Employer must record the case verification number, review the employee information submitted to E-Verify to identify any errors, and find out whether the employee contests the tentative nonconfirmation. The Employer will transmit the Social Security number, or any other corrected employee information that SSA requests, to SSA for verification again if this review indicates a need to do so. 4. The Employer will instruct the employee to visit an SSA office within eight Federal Government work days. SSA will electronically transmit the result of the referral to the Employer within 10 Federal Government work days of the referral unless it determines that more than 10 days is necessary. 5. While waiting for case results, the Employer agrees to check the E-Verify system regularly for case updates. 6. The Employer agrees not to ask the employee to obtain a printout from the Social Security Administration number database (the Numident) or other written verification of the SSN from the SSA. B. REFERRAL TO DHS 1. If the Employer receives a tentative nonconfirmation issued by DHS, the Employer must promptly notify employees in private of the finding and provide them with the notice and letter containing information specific to the employee's E-Verify case. The Employer also agrees to provide both the English and the translated notice and letter for employees with limited English proficiency to employees. The Employer must allow employees to contest the finding, and not take adverse action against employees if they choose to contest the finding, while their case is still pending. 2. The Employer agrees to obtain the employee's response about whether he or she will contest the tentative Page 6 of 13 1 E-Verify MOU for Employer I Revision Date 06/01/13 r=-Veri Company ID Number: 2731719 nonconfirmation as soon as possible after the Employer receives the tentative nonconfirmation. Only the employee may determine whether he or she will contest the tentative nonconfirmation. 3. The Employer agrees to refer individuals to DHS only when the employee chooses to contest a tentative nonconfirmation. 4. If the employee contests a tentative nonconfirmation issued by DHS, the Employer will instruct the employee to contact DHS through its toll -free hotline (as found on the referral letter) within eight Federal Government work days. 5. If the Employer finds a photo mismatch, the Employer must provide the photo mismatch tentative nonconfirmation notice and follow the instructions outlined in paragraph 1 of this section for tentative nonconfirmations, generally. 6. The Employer agrees that if an employee contests a tentative nonconfirmation based upon a photo mismatch, the Employer will send a copy of the employee's Form I-551, Form 1-766, U.S. Passport, or passport card to DHS for review by: A. Scanning and uploading the document, or B. Sending a photocopy of the document by express mail (furnished and paid for by the employer). 7. The Employer understands that if it cannot determine whether there is a photo match/mismatch, the Employer must forward the employee's documentation to DHS as described in the preceding paragraph. The Employer agrees to resolve the case as specified by the DHS representative who will determine the photo match or mismatch. 8. DHS will electronically transmit the result of the referral to the Employer within 10 Federal Government work days of the referral unless it determines that more than 10 days is necessary. 9. While waiting for case results, the Employer agrees to check the E-Verify system regularly for case updates. ARTICLE IV SERVICE PROVISIONS A. NO SERVICE FEES 1. SSA and DHS will not charge the Employer for verification services performed under this MOU. The Employer is responsible for providing equipment needed to make inquiries. To access E-Verify, an Employer will need a personal computer with Internet access. ARTICLE V MODIFICATION AND TERMINATION A. MODIFICATION 1. This MOU is effective upon the signature of all parties and shall continue in effect for as long as the SSA and DHS operates the E-Verify program unless modified in writing by the mutual consent of all parties. 2. Any and all E-Verify system enhancements by DHS or SSA, including but not limited to E-Verify checking against additional data sources and instituting new verification policies or procedures, will be covered under this MOU and will not cause the need for a supplemental MOU that outlines these changes. B. TERMINATION 1. The Employer may terminate this MOU and its participation in E-Verify at any time upon 30 days prior written notice to the other parties. 2. Notwithstanding Article V, part A of this MOU, DHS may terminate this MOU, and thereby the Employer's participation in E-Verify, with or without notice at any time if deemed necessary because of the requirements of law or policy, or upon a determination by SSA or DHS that there has been a breach of system integrity or security by the Employer, or a failure on the part of the Employer to comply with established E-Verify procedures and/or legal requirements. The Employer understands that if it is a Federal contractor, termination of this MOU by any party for any reason may negatively affect the performance of its contractual responsibilities. Similarly, the Employer understands that if it is in a state where E-Verify is mandatory, termination of this by any party MOU may negatively affect the Employer's business. 3. An Employer that is a Federal contractor may terminate this MOU when the Federal contract that requires its participation in E-Verify is terminated or completed. In such cases, the Federal contractor must provide written notice to DHS. If an Employer that is a Federal contractor fails to provide such notice, then that Employer will remain an E-Verify participant, will remain bound by the terms of this MOU that apply to non - Federal contractor participants, and will be required to use the E-Verify procedures to verify the Page 7 of 13 1 E-Verify MOU for Employer I Revision Date 06/01/13 E-Veri 02. ' �.L. SEC Company ID Number: 2731719 employment eligibility of all newly hired employees. 4. The Employer agrees that E-Verify is not liable for any losses, financial or otherwise, if the Employer is terminated from E-Verify. Page 8 of 13 1 E-Verify MOU for Employer I Revision Date 06/01/13 r=-Veri Company ID Number: 2731719 ARTICLE VI PARTIES A. Some or all SSA and DHS responsibilities under this MOU may be performed by contractor(s), and SSA and DHS may adjust verification responsibilities between each other as necessary. By separate agreement with DHS, SSA has agreed to perform its responsibilities as described in this MOU. B. Nothing in this MOU is intended, or should be construed, to create any right or benefit, substantive or procedural, enforceable at law by any third party against the United States, its agencies, officers, or employees, or against the Employer, its agents, officers, or employees. C. The Employer may not assign, directly or indirectly, whether by operation of law, change of control or merger, all or any part of its rights or obligations under this MOU without the prior written consent of DHS, which consent shall not be unreasonably withheld or delayed. Any attempt to sublicense, assign, or transfer any of the rights, duties, or obligations herein is void. D. Each party shall be solely responsible for defending any claim or action against it arising out of or related to E-Verify or this MOU, whether civil or criminal, and for any liability wherefrom, including (but not limited to) any dispute between the Employer and any other person or entity regarding the applicability of Section 403(d) of IIRIRA to any action taken or allegedly taken by the Employer. E. The Employer understands that its participation in E-Verify is not confidential information and may be disclosed as authorized or required by law and DHS or SSA policy, including but not limited to, Congressional oversight, E-Verify publicity and media inquiries, determinations of compliance with Federal contractual requirements, and responses to inquiries under the Freedom of Information Act (FOIA). F. The individuals whose signatures appear below represent that they are authorized to enter into this MOU on behalf of the Employer and DHS respectively. The Employer understands that any inaccurate statement, representation, data or other information provided to DHS may subject the Employer, its subcontractors, its employees, or its representatives to: (1) prosecution for false statements pursuant to 18 U.S.C. 1001 and/or; (2) immediate termination of its MOU and/or; (3) possible debarment or suspension. G. The foregoing constitutes the full agreement on this subject between DHS and the Employer. Page 9 of 13 1 E-Verify MOU for Employer I Revision Date 06/01/13 r=-Veri Company ID Number: 2731719 To be accepted as an E-Verify participant, you should only sign the Employer's Section of the signature page. If you have any questions, contact E-Verify at 1-888-464-4218. Approved by: Employer National Community Renaissance Name (Please Type or Print) Title Danita Fulton Signature Date Electronically Signed anuary 23, 2020 Department of Homeland Security - Verification Division Name (Please Type or Print) Title Verification Division Signature Date Electronically Signed January 23, 2020 Page 10 of 13 1 E-Verify MOU for Employer I Revision Date 06/01/13 F-Veri 02. ' �.L. SEC Company ID Number: 2731719 Information Required for the E-Verify Program Information relating to your Company: Company Name National Community Renaissance Company Facility Address 9421 Haven Avenue Rancho Cucamonga, CA 91730 Company Alternate Address County or Parish San Bernardino Employer Identification Number 20-8433042 North American Industry Classification Systems Code Rental And Leasing Services (532) Parent Company Number of Employees 100 to 499 Number of Sites Verified for 1 Page 11 of 13 1 E-Verify MOU for Employer I Revision Date 06/O1/13 E-Veri 02. ' �.L. SEC Company ID Number: 2731719 Are you verifying for more than 1 site? If yes, please provide the number of sites verified for in each State: California 11 Page 12 of 13 1 E-Verify MOU for Employer I Revision Date 06/01/13 r=-Veri Company ID Number: 2731719 Information relating to the Program Administrator(s) for your Company on policy questions or operational problems: Name Katharyne Beebower Phone Number (909) 204-3403 Fax Number Email Address kbeebower@nationalcore.org This list represents the first 20 Program Administrators listed for this company. Name Danita Fulton Phone Number (909) 204-3404 Fax Number Email Address dfulton@nationalcore.org This list represents the first 20 Program Administrators listed for this company. Page 13 of 13 1 E-Verify MOU for Employer I Revision Date 06/01/13 co .f er c014tty Adin6strative Sen4ces Department Procurement Services Division Form 6: Vendor Substitute W — 9 Request for Taxpayer Identification Number and Certification In accordance with the Internal Revenue Service regulations, Collier County is required to collect the following information for tax reporting purposes from individuals and companies who do business with the County (including social security numbers if used by the individual or company for tax reporting purposes). Florida Statute 119.071(5) requires that the county notify you in writing of the reason for collecting this information, which will be used for no other purpose than herein stated. Please complete all information that applies to your business and return with your quote or proposal. 1. General Information (provide all information) FA Taxpayer Name NATIONAL COMMUNITY RENAISSANCE OF CALIFORNIA (as .shown on income tax return) Business Name (f different from taxpayer name) D/B/A National Community Renaissance of California Inc. Address 9421 Haven Avenue City Rancho Cucamonga, State California Zip Telephone 909-483-2444 Email MFinnAnationalcore.or>; Order Information (Must be filled out) Remit / Payment Information (Must be filled out) Address 9421 Haven Avenue Address 9421 Haven Avenue City Rancho Cucamonga State CA Zip 91730 City Rancho Cucamonga State CA Zip 917'. Email MFinn@nationalcore.org Email _MFinn(c�nationalcore.ore _Individual / Sole Proprietor _Corporation _Partnership X Tax Exempt (Federal income tax-exempt entity _Limited Liability Company under Internal Revenue Service guidelines IRC 501 (c) 3) Enter the tax classification 3. Taxpayer Identification Number (for tax reportingpurposes only) Federal Tax Identification Number (TIN) 33-0521215 (Vendors who do not have a TIN, will be required to provide a social security number prior to an award) 4. Sign and Date Form: Certification: Under penalties ofperjury, I certifyfhat the information shown on this form is correct to my knowledge. Signature Date Title II Phone Nu ber �9 1 7 �� INSURANCE AND BONDING REQUIREMENTS Insurance / Bond Type Required Limits 1. ® Worker's Compensation Statutory Limits of Florida Statutes, Chapter 440 and all Federal Government Statutory Limits and Requirements Evidence of Workers' Compensation coverage or a Certificate of Exemption issued by the State of Florida is required. Entities that are formed as Sole Proprietorships shall not be required to provide a proof of exemption. An application for exemption can be obtained online at hMs://apps.fldfs.com/bocexemp_U 2. ® Employer's Liability $_500,000_ single limit per occurrence 3. ® Commercial General Bodily Injury and Property Damage Liability (Occurrence Form) patterned after the current $_1,000,000 single limit per occurrence, $2,000,000 aggregate for Bodily ISO form Injury Liability and Property Damage Liability. This shall include Premises and Operations; Independent Contractors; Products and Completed Operations and Contractual Liability. 4. ® Indemnification To the maximum extent permitted by Florida law, the ContractorNendor shall defend, indemnify and hold harmless Collier County, its officers and employees from any and all liabilities, damages, losses and costs, including, but not limited to, reasonable attorneys' fees and paralegals' fees, to the extent caused by the negligence, recklessness, or intentionally wrongful conduct of the Contractor/ Vendor or anyone employed or utilized by the ContractorNendor in the performance of this Agreement. 5. ® Automobile Liability $_1,000,000_ Each Occurrence; Bodily Injury & Property Damage, Owned/Non-owned/Hired; Automobile Included 6. ® Other insurance as noted: ❑ Watercraft $ Per Occurrence ❑ United States Longshoreman's and Harborworker's Act coverage shall be maintained where applicable to the completion of the work. S Per Occurrence ❑ Maritime Coverage (Jones Act) shall be maintained where applicable to the completion of the work. $ Per Occurrence ❑ Aircraft Liability coverage shall be carried in limits of not less than $5,000,000 each occurrence if applicable to the completion of the Services under this Agreement. $ Per Occurrence ❑ Pollution $ Per Occurrence ® Professional Liability $ _1,000,000_ Per claim & in the aggregate ❑ Project Professional Liability $ Per Occurrence ❑ Valuable Papers Insurance $ Per Occurrence ❑ Cyber Liability $ Per Occurrence ❑ Technology Errors & Omissions $ Per Occurrence 7. ❑ Bid bond Shall be submitted with proposal response in the form of certified funds, cashiers' check or an irrevocable letter of credit, a cash bond posted with the County Clerk, or proposal bond in a sum equal to 5% of the cost proposal. All checks shall be made payable to the Collier County Board of County Commissioners on a bank or trust company located in the State of Florida and insured by the Federal Deposit Insurance Corporation. 8. ❑ Performance and Payment For projects in excess of $200,000, bonds shall be submitted with the executed Bonds contract by Proposers receiving award, and written for 100% of the Contract award amount, the cost borne by the Proposer receiving an award. The Performance and Payment Bonds shall be underwritten by a surety authorized to do business in the State of Florida and otherwise acceptable to Owner; provided, however, the surety shall be rated as "A-" or better as to general policy holders rating and Class V or higher rating as to financial size category and the amount required shall not exceed 5% of the reported policy holders' surplus, all as reported in the most current Best Key Rating Guide, published by A.M. Best Company, Inc, of 75 Fulton Street, New York, New York 10038. 9. ® Vendor shall ensure that all subcontractors comply with the same insurance requirements that he is required to meet. The same Vendor shall provide County with certificates of insurance meeting the required insurance provisions. 10. ® Collier County must be named as "ADDITIONAL INSURED" on the Insurance Certificate for Commercial General Liability where required. This insurance shall be primary and non-contributory with respect to any other insurance maintained by, or available for the benefit of, the Additional Insured and the Vendor's policy shall be endorsed accordingly. 11. ® The Certificate Holder shall be named as Collier County Board of County Commissioners, OR, Board of County Commissioners in Collier County, OR Collier County Government, OR Collier County. The Certificates of Insurance must state the Contract Number, or Project Number, or specific Project description, or must read: For any and all work performed on behalf of Collier County. I2. ® On all certificates, the Certificate Holder must read: Collier County Board of County Commissioners, 3295 Tamiami Trail East, Naples, FL 34112 13. ® Thirty (30) Days Cancellation Notice required. 14. Collier County shall procure and maintain Builders Risk Insurance on all construction projects where it is deemed necessary. Such coverage shall be endorsed to cover the interests of Collier County as well as the Contractor. Premiums shall be billed to the project and the Contractor shall not include Builders Risk premiums in its project proposal or project billings. All questions regarding Builder's Risk Insurance will be addressed by the Collier County Risk Management Division. 12/16/19 - CC Vendor's Insurance Statement We understand the insurance requirements of these specifications and that the evidence of insurability may be required within five (5) days of the award of this solicitation. The insurance submitted must provide coverage for a minimum of six (6) months from the Ante, of award Name of Firm National Vendor Signature Print Name Insurance Agency of California Date % ZC L Michael Ruane , Executive Vice President Agent Name Telephone Number EXECUTED FORMS Collar County Adminisaative Services Department Praeuremeni aemws DNisbr Form 3: Conflict of Interest Affidavit The Vendor certifies that, to the best of its knowledge and belief, the past and current work on any Collier County project affiliated with this solicitation does not pose an organizational conflict as described by one of the three categories below: Biased ground rules — The firm has not set the "ground rules" for affiliated past or current Collier County project identified above (e.g„ writing a procurement's statement of work, specifications, or performing systems engineering and technical direction for the procurement) which appears to skew the competition in favor of my firm. Impaired objectivity — The firm has not performed work on an affiliated past or current Collier County project identified above to evaluate proposals / past performance of itself or a competitor, which calls into question the contractor's ability to render impartial advice to the government. Unequol access to information —The firm has not had access to nonpublic information as pan of its performance of a Collier County project identified above which may have provided the contractor (or an affiliate) with an unfair competitive advantage in current or future solicitations and contracts. In addition to this signed affidavit, the contractor / vendor must provide the following: 1. All documents produced as a result of the work completed in the past or currently being worked on for the above -mentioned project; and, 2. Indicate if the information produced was obtained as a matter of Public record (in the "sunshine") or through non-public (not in the "sunshine") conversation (s), meeting(s), document(s) and/or other means. Failure to disclose all material or having an organizational conflict in one or more of the three categories above be identified, may result in the disqualification for future solicitations affiliated with the above referenced project(s). By the signature below, the firm (employees, officers and/or agents) certifies, and hereby discloses, that, to the best of their knowledge and belief, all relevant facts concerning past, present, or currently planned interest or activity (financial, contractual, organizational, or otherwise) which relates to the project identified above has been fully disclosed and does not pose an organizational conflict. Firm: Housing Development Cogoration of SW Florida, Inc., d/b/a HELP Signature and Date: 01/28/2020 print Name: Michael Puchalla Title of Signatory: Executive Director CAL County PdnnnNrative Services Depaitri�tt P2t�renronl5mims Qm,m Form 4: Vendor Declaration Statement BOARD OF COUNTY COMMISSIONERS Collier County Government Complex Naples. Florida 34112. Dear Commissioners: The undersigned, as Vendor declares that this response is made without connection or arrangement with any other person and this proposal is in every respect fair and made in good faith, without collusion or fraud. The Vendor agrees, if this solicitation submittal is accepted, to execute a Collier County document for the purpose of establishing a formal contractual relationship between the firm and Collier County, for the performance of all requirements to which the solicitation pertains. The Vendor states that the submitted is based upon the documents listed by the above referenced Solicitation. Further, the vendor agrees that if awarded a contract for these goods and/or services, the vendor will not be eligible to compete, submit a proposal, be awarded, or perform as a sub -vendor for any future associated with work that is a result of this awarded contract. IN WITNESS WHEREOF, WE have hereunto subscribed our names on this 28th day of January , 2020 in the County of Collier , in the State of Florida Firm's Legal Name: Address: City, State, Zip Code: Florida Certificate of Authority Document Number Federal Tax Identification Number *CCR # or CAGE Code *Only if Grant Funded Telephone Signature by: (Typed and written) Title: Housing Development Corporation of SW Florida, Inc., d/b/a HELP 3200 Bailey Lane Ste 109 Naples, FL 34105 N03000008167 38-3695928 5YXA7 (239)434-2397 T wt�_ Michael Puchalla Executive Director Co�i��ty Arhiln'stanhe senses Depamment vmcu tsaves DNism Form 5: Immigration Affidavit Certification This Affidavit is required and should be signed, notarized by an authorized principal of the firm and submitted with formal solicitation submittals. Further, Vendors are required to enroll in the E-Verify program, and provide acceptable evidence of their enrollment, at the time of the submission of the Vendor's proposal. Acceptable evidence consists of a copy of the properly completed E-Verify Company Profile page or a copy of the fully executed E-Verify Memorandum of Understanding for the company. Failure to include Collier County will not intentionally award County contracts to any Vendor who knowingly employs unauthorized alien workers, constituting a violation of the employment provision contained in 8 U.S.C. Section 1324 ale) Section 274A(e) of the Immigration and Nationality Act ("INA"). Collier County may consider the employment by any Vendor of unauthorized aliens a violation of Section 274A(e)ofthe INA. Such Violation by the recipient of the Employment Provisions contained in Section 274A (e) of the INA shall be grounds for unilateral termination of the contract by Collier County. Vendor attests that they are fully compliant with all applicable immigration laws (specifically to the 1986 Immigration Act and subsequent Amendment(s)) and agrees to comply with the provisions of the Memorandum of Understanding with E-Verify and to provide proof of enrollment in The Employment Eligibility Verification System (E-Verify), operated by the Department of Homeland Security in partnership with the Social Security Administration at the time of submission of the Vendor's proposal. Company Name Housing Development Corporation of SW Florida, Inc., d/b/a HELP Print Name Michael Puchalla fill, Executive Director 7 01 /28/2020 Signature � Date Stateof Florida Count, of Collier The signee of these Affidavit guarantees, as evidenced by the sworn affidavit required herein, the truth and accuracy of this affidavit to interrogatories hereinafter made. � sect v- orE-Verif Company ID Number: 1419899 THE E-VERIFY MEMORANDUM OF UNDERSTANDING FOR EMPLOYERS ARTICLE I PURPOSE AND AUTHORITY The parties to this agreement are the Department of Homeland Security (DHS) and the Housing Development Corporation of SW Florida, Inc (Employer). The purpose of this agreement is to set forth terms and conditions which the Employer will follow while participating in E-Verify. E-Verify is a program that electronically confirms an employee's eligibility to work in the United States after completion of Form 1-9, Employment Eligibility Verification (Form 1-9). This Memorandum of Understanding (MOU) explains certain features of the E-Verify program and describes specific responsibilities of the Employer, the Social Security Administration (SSA), and DHS. Authority for the E-Verify program is found in Title IV, Subtitle A, of the Illegal Immigration Reform and Immigrant Responsibility Act of 1996 (IIRIRA), Pub. L. 104-208, 110 Stat. 3009, as amended (8 U.S.C. § 1324a note). The Federal Acquisition Regulation (FAR) Subpart 22.18, "Employment Eligibility Verification" and Executive Order 12989, as amended, provide authority for Federal contractors and subcontractors (Federal contractor) to use E-Verify to verify the employment eligibility of certain employees working on Federal contracts. ARTICLE II RESPONSIBILITIES A. RESPONSIBILITIES OF THE EMPLOYER 1. The Employer agrees to display the following notices supplied by DHS in a prominent place that is clearly visible to prospective employees and all employees who are to be verified through the system: a. Notice of E-Verify Participation b. Notice of Right to Work 2. The Employer agrees to provide to the SSA and DHS the names, titles, addresses, and telephone numbers of the Employer representatives to be contacted about E-Verify. The Employer also agrees to keep such information current by providing updated information to SSA and DHS whenever the representatives' contact information changes. 3. The Employer agrees to grant E-Verify access only to current employees who need E-Verify access. Employers must promptly terminate an employee's E-Verify access if the employer is separated from the company or no longer needs access to E-Verify. Page 1 of 17 E-Verify MOU for Employers I Revision Date 06/01/13 � sect v- orE-Verif Company ID Number: 1419899 4. The Employer agrees to become familiar with and comply with the most recent version of the E-Verify User Manual. 5. The Employer agrees that any Employer Representative who will create E-Verify cases will complete the E-Verify Tutorial before that individual creates any cases. a. The Employer agrees that all Employer representatives will take the refresher tutorials when prompted by E-Verify in order to continue using E-Verify. Failure to complete a refresher tutorial will prevent the Employer Representative from continued use of E-Verify. 6. The Employer agrees to comply with current Form 1-9 procedures, with two exceptions: a. If an employee presents a "List B" identity document, the Employer agrees to only accept "List B" documents that contain a photo. (List B documents identified in 8 C.F.R. § 274a.2(b)(1)(B)) can be presented during the Form I-9 process to establish identity.) If an employee objects to the photo requirement for religious reasons, the Employer should contact E-Verify at 888-464-4218. b. If an employee presents a DHS Form 1-551 (Permanent Resident Card), Form 1-766 (Employment Authorization Document), or U.S. Passport or Passport Card to complete Form 1-9, the Employer agrees to make a photocopy of the document and to retain the photocopy with the employee's Form 1-9. The Employer will use the photocopy to verify the photo and to assist DHS with its review of photo mismatches that employees contest. DHS may in the future designate other documents that activate the photo screening tool. Note: Subject only to the exceptions noted previously in this paragraph, employees still retain the right to present any List A, or List B and List C, document(s) to complete the Form 1-9. 7. The Employer agrees to record the case verification number on the employee's Form 1-9 or to print the screen containing the case verification number and attach it to the employee's Form 1-9. 8. The Employer agrees that, although it participates in E-Verify, the Employer has a responsibility to complete, retain, and make available for inspection Forms 1-9 that relate to its employees, or from other requirements of applicable regulations or laws, including the obligation to comply with the antidiscrimination requirements of section 274B of the INA with respect to Form 1-9 procedures. a. The following modified requirements are the only exceptions to an Employer's obligation to not employ unauthorized workers and comply with the anti -discrimination provision of the INA: (1) List B identity documents must have photos, as described in paragraph 6 above; (2) When an Employer confirms the identity and employment eligibility of newly hired employee using E-Verify procedures, the Employer establishes a rebuttable presumption that it has not violated section 274A(a)(1)(A) of the Immigration and Nationality Act (INA) with respect to the hiring of that employee; (3) If the Employer receives a final nonconfirmation for an employee, but continues to employ that person, the Employer must notify DHS and the Employer is subject to a civil money penalty between $550 and $1,100 for each failure to notify DHS of continued employment following a final nonconfirmation; (4) If the Employer continues to employ an employee after receiving a final nonconfirmation, then the Employer is subject to a rebuttable presumption that it has knowingly Page 2 of 17 E-Verify MOU for Employers I Revision Date 06/01/13 � sect v- orE-Verif Company ID Number: 1419899 employed an unauthorized alien in violation of section 274A(a)(1)(A); and (5) no E-Verify participant is civilly or criminally liable under any law for any action taken in good faith based on information provided through the E-Verify. b. DHS reserves the right to conduct Form 1-9 compliance inspections, as well as any other enforcement or compliance activity authorized by law, including site visits, to ensure proper use of E-Verify. 9. The Employer is strictly prohibited from creating an E-Verify case before the employee has been hired, meaning that a firm offer of employment was extended and accepted and Form 1-9 was completed. The Employer agrees to create an E-Verify case for new employees within three Employer business days after each employee has been hired (after both Sections 1 and 2 of Form 1-9 have been completed), and to complete as many steps of the E-Verify process as are necessary according to the E-Verify User Manual. If E-Verify is temporarily unavailable, the three-day time period will be extended until it is again operational in order to accommodate the Employer's attempting, in good faith, to make inquiries during the period of unavailability. 10. The Employer agrees not to use E-Verify for pre -employment screening of job applicants, in support of any unlawful employment practice, or for any other use that this MOU or the E-Verify User Manual does not authorize. 11. The Employer must use E-Verify for all new employees. The Employer will not verify selectively and will not verify employees hired before the effective date of this MOU. Employers who are Federal contractors may qualify for exceptions to this requirement as described in Article II.B of this MOU. 12. The Employer agrees to follow appropriate procedures (see Article III below) regarding tentative nonconfirmations. The Employer must promptly notify employees in private of the finding and provide them with the notice and letter containing information specific to the employee's E-Verify case. The Employer agrees to provide both the English and the translated notice and letter for employees with limited English proficiency to employees. The Employer agrees to provide written referral instructions to employees and instruct affected employees to bring the English copy of the letter to the SSA. The Employer must allow employees to contest the finding, and not take adverse action against employees if they choose to contest the finding, while their case is still pending. Further, when employees contest a tentative nonconfirmation based upon a photo mismatch, the Employer must take additional steps (see Article III.B. below) to contact DHS with information necessary to resolve the challenge. 13. The Employer agrees not to take any adverse action against an employee based upon the employee's perceived employment eligibility status while SSA or DHS is processing the verification request unless the Employer obtains knowledge (as defined in 8 C.F.R. § 274a.1(1)) that the employee is not work authorized. The Employer understands that an initial inability of the SSA or DHS automated verification system to verify work authorization, a tentative nonconfirmation, a case in continuance (indicating the need for additional time for the government to resolve a case), or the finding of a photo mismatch, does not establish, and should not be interpreted as, evidence that the employee is not work authorized. In any of such cases, the employee must be provided a full and fair opportunity to contest the finding, and if he or she does so, the employee may not be terminated or suffer any adverse employment consequences based upon the employee's perceived employment eligibility status Page 3 of 17 E-Verify MOU for Employers I Revision Date 06/01/13 � sect v- orE-Verif Company ID Number: 1419899 (including denying, reducing, or extending work hours, delaying or preventing training, requiring an employee to work in poorer conditions, withholding pay, refusing to assign the employee to a Federal contract or other assignment, or otherwise assuming that he or she is unauthorized to work) until and unless secondary verification by SSA or DHS has been completed and a final nonconfirmation has been issued. If the employee does not choose to contest a tentative nonconfirmation or a photo mismatch or if a secondary verification is completed and a final nonconfirmation is issued, then the Employer can find the employee is not work authorized and terminate the employee's employment. Employers or employees with questions about a final nonconfirmation may call E-Verify at 1-888-464- 4218 (customer service) or 1-888-897-7781 (worker hotline). 14. The Employer agrees to comply with Title VI of the Civil Rights Act of 1964 and section 274B of the INA as applicable by not discriminating unlawfully against any individual in hiring, firing, employment eligibility verification, or recruitment or referral practices because of his or her national origin or citizenship status, or by committing discriminatory documentary practices. The Employer understands that such illegal practices can include selective verification or use of E-Verify except as provided in part D below, or discharging or refusing to hire employees because they appear or sound "foreign" or have received tentative nonconfirmations. The Employer further understands that any violation of the immigration -related unfair employment practices provisions in section 274B of the INA could subject the Employer to civil penalties, back pay awards, and other sanctions, and violations of Title VI could subject the Employer to back pay awards, compensatory and punitive damages. Violations of either section 274B of the INA or Title VII may also lead to the termination of its participation in E-Verify. If the Employer has any questions relating to the anti -discrimination provision, it should contact OSC at 1-800-255-8155 or 1-800-237-2515 (TDD). 15. The Employer agrees that it will use the information it receives from E-Verify only to confirm the employment eligibility of employees as authorized by this MOU. The Employer agrees that it will safeguard this information, and means of access to it (such as PINS and passwords), to ensure that it is not used for any other purpose and as necessary to protect its confidentiality, including ensuring that it is not disseminated to any person other than employees of the Employer who are authorized to perform the Employer's responsibilities under this MOU, except for such dissemination as may be authorized in advance by SSA or DHS for legitimate purposes. 16. The Employer agrees to notify DHS immediately in the event of a breach of personal information. Breaches are defined as loss of control or unauthorized access to E-Verify personal data. All suspected or confirmed breaches should be reported by calling 1-888-464-4218 or via email at E-Verify(@dhs.gov. Please use "Privacy Incident — Password" in the subject line of your email when sending a breach report to E-Verify. 17. The Employer acknowledges that the information it receives from SSA is governed by the Privacy Act (5 U.S.C. § 552a(i)(1) and (3)) and the Social Security Act (42 U.S.C. 1306(a)). Any person who obtains this information under false pretenses or uses it for any purpose other than as provided for in this MOU may be subject to criminal penalties. 18. The Employer agrees to cooperate with DHS and SSA in their compliance monitoring and evaluation of E-Verify, which includes permitting DHS, SSA, their contractors and other agents, upon Page 4 of 17 E-Verify MOU for Employers I Revision Date 06/01/13 � sect v- orE-Verif Company ID Number: 1419899 reasonable notice, to review Forms 1-9 and other employment records and to interview it and its employees regarding the Employer's use of E-Verify, and to respond in a prompt and accurate manner to DHS requests for information relating to their participation in E-Verify. 19. The Employer shall not make any false or unauthorized claims or references about its participation in E-Verify on its website, in advertising materials, or other media. The Employer shall not describe its services as federally -approved, federally -certified, or federally -recognized, or use language with a similar intent on its website or other materials provided to the public. Entering into this MOU does not mean that E-Verify endorses or authorizes your E-Verify services and any claim to that effect is false. 20. The Employer shall not state in its website or other public documents that any language used therein has been provided or approved by DHS, USCIS or the Verification Division, without first obtaining the prior written consent of DHS. 21. The Employer agrees that E-Verify trademarks and logos may be used only under license by DHS/USCIS (see M-795 (Web)) and, other than pursuant to the specific terms of such license, may not be used in any manner that might imply that the Employer's services, products, websites, or publications are sponsored by, endorsed by, licensed by, or affiliated with DHS, USCIS, or E-Verify. 22. The Employer understands that if it uses E-Verify procedures for any purpose other than as authorized by this MOU, the Employer may be subject to appropriate legal action and termination of its participation in E-Verify according to this MOU. B. RESPONSIBILITIES OF FEDERAL CONTRACTORS 1. If the Employer is a Federal contractor with the FAR E-Verify clause subject to the employment verification terms in Subpart 22.18 of the FAR, it will become familiar with and comply with the most current version of the E-Verify User Manual for Federal Contractors as well as the E-Verify Supplemental Guide for Federal Contractors. 2. In addition to the responsibilities of every employer outlined in this MOU, the Employer understands that if it is a Federal contractor subject to the employment verification terms in Subpart 22.18 of the FAR it must verify the employment eligibility of any "employee assigned to the contract" (as defined in FAR 22.1801). Once an employee has been verified through E-Verify by the Employer, the Employer may not create a second case for the employee through E-Verify. a. An Employer that is not enrolled in E-Verify as a Federal contractor at the time of a contract award must enroll as a Federal contractor in the E-Verify program within 30 calendar days of contract award and, within 90 days of enrollment, begin to verify employment eligibility of new hires using E-Verify. The Employer must verify those employees who are working in the United States, whether or not they are assigned to the contract. Once the Employer begins verifying new hires, such verification of new hires must be initiated within three business days after the hire date. Once enrolled in E-Verify as a Federal contractor, the Employer must begin verification of employees assigned to the contract within 90 calendar days after the date of enrollment or within 30 days of an employee's assignment to the contract, whichever date is later. Page 5 of 17 E-Verify MOU for Employers I Revision Date 06/01/13 � sect v- orE-Verif Company ID Number: 1419899 b. Employers enrolled in E-Verify as a Federal contractor for 90 days or more at the time of a contract award must use E-Verify to begin verification of employment eligibility for new hires of the Employer who are working in the United States, whether or not assigned to the contract, within three business days after the date of hire. If the Employer is enrolled in E-Verify as a Federal contractor for 90 calendar days or less at the time of contract award, the Employer must, within 90 days of enrollment, begin to use E-Verify to initiate verification of new hires of the contractor who are working in the United States, whether or not assigned to the contract. Such verification of new hires must be initiated within three business days after the date of hire. An Employer enrolled as a Federal contractor in E-Verify must begin verification of each employee assigned to the contract within 90 calendar days after date of contract award or within 30 days after assignment to the contract, whichever is later. c. Federal contractors that are institutions of higher education (as defined at 20 U.S.C. 1001(a)), state or local governments, governments of Federally recognized Indian tribes, or sureties performing under a takeover agreement entered into with a Federal agency under a performance bond may choose to only verify new and existing employees assigned to the Federal contract. Such Federal contractors may, however, elect to verify all new hires, and/or all existing employees hired after November 6, 1986. Employers in this category must begin verification of employees assigned to the contract within 90 calendar days after the date of enrollment or within 30 days of an employee's assignment to the contract, whichever date is later. d. Upon enrollment, Employers who are Federal contractors may elect to verify employment eligibility of all existing employees working in the United States who were hired after November 6, 1986, instead of verifying only those employees assigned to a covered Federal contract. After enrollment, Employers must elect to verify existing staff following DHS procedures and begin E-Verify verification of all existing employees within 180 days after the election. e. The Employer may use a previously completed Form 1-9 as the basis for creating an E-Verify case for an employee assigned to a contract as long as: i. That Form 1-9 is complete (including the SSN) and complies with Article II.A.6, ii. The employee's work authorization has not expired, and iii. The Employer has reviewed the Form 1-9 information either in person or in communications with the employee to ensure that the employee's Section 1, Form 1-9 attestation has not changed (including, but not limited to, a lawful permanent resident alien having become a naturalized U.S. citizen). f. The Employer shall complete a new Form 1-9 consistent with Article II.A.6 or update the previous Form 1-9 to provide the necessary information if: i. The Employer cannot determine that Form 1-9 complies with Article II.A.6, ii. The employee's basis for work authorization as attested in Section 1 has expired or changed, or iii. The Form 1-9 contains no SSN or is otherwise incomplete. Note: If Section 1 of Form 1-9 is otherwise valid and up-to-date and the form otherwise complies with Page 6 of 17 E-Verify MOU for Employers I Revision Date 06/01/13 � sect v- orE-Verif Company ID Number: 1419899 Article II.C.5, but reflects documentation (such as a U.S. passport or Form 1-551) that expired after completing Form 1-9, the Employer shall not require the production of additional documentation, or use the photo screening tool described in Article II.A.5, subject to any additional or superseding instructions that may be provided on this subject in the E-Verify User Manual. g. The Employer agrees not to require a second verification using E-Verify of any assigned employee who has previously been verified as a newly hired employee under this MOU or to authorize verification of any existing employee by any Employer that is not a Federal contractor based on this Article. 3. The Employer understands that if it is a Federal contractor, its compliance with this MOU is a performance requirement under the terms of the Federal contract or subcontract, and the Employer consents to the release of information relating to compliance with its verification responsibilities under this MOU to contracting officers or other officials authorized to review the Employer's compliance with Federal contracting requirements. C. RESPONSIBILITIES OF SSA 1. SSA agrees to allow DHS to compare data provided by the Employer against SSA's database. SSA sends DHS confirmation that the data sent either matches or does not match the information in SSA's database. 2. SSA agrees to safeguard the information the Employer provides through E-Verify procedures. SSA also agrees to limit access to such information, as is appropriate by law, to individuals responsible for the verification of Social Security numbers or responsible for evaluation of E-Verify or such other persons or entities who may be authorized by SSA as governed by the Privacy Act (5 U.S.C. § 552a), the Social Security Act (42 U.S.C. 1306(a)), and SSA regulations (20 CFR Part 401). 3. SSA agrees to provide case results from its database within three Federal Government work days of the initial inquiry. E-Verify provides the information to the Employer. 4. SSA agrees to update SSA records as necessary if the employee who contests the SSA tentative nonconfirmation visits an SSA field office and provides the required evidence. If the employee visits an SSA field office within the eight Federal Government work days from the date of referral to SSA, SSA agrees to update SSA records, if appropriate, within the eight -day period unless SSA determines that more than eight days may be necessary. In such cases, SSA will provide additional instructions to the employee. If the employee does not visit SSA in the time allowed, E-Verify may provide a final nonconfirmation to the employer. Note: If an Employer experiences technical problems, or has a policy question, the employer should contact E-Verify at 1-888-464-4218. D. RESPONSIBILITIES OF DHS 1. DHS agrees to provide the Employer with selected data from DHS databases to enable the Employer to conduct, to the extent authorized by this MOU: a. Automated verification checks on alien employees by electronic means, and Page 7 of 17 E-Verify MOU for Employers I Revision Date 06/01/13 � sect v- orE-Verif Company ID Number: 1419899 b. Photo verification checks (when available) on employees. 2. DHS agrees to assist the Employer with operational problems associated with the Employer's participation in E-Verify. DHS agrees to provide the Employer names, titles, addresses, and telephone numbers of DHS representatives to be contacted during the E-Verify process. 3. DHS agrees to provide to the Employer with access to E-Verify training materials as well as an E-Verify User Manual that contain instructions on E-Verify policies, procedures, and requirements for both SSA and DHS, including restrictions on the use of E-Verify. 4. DHS agrees to train Employers on all important changes made to E-Verify through the use of mandatory refresher tutorials and updates to the E-Verify User Manual. Even without changes to E-Verify, DHS reserves the right to require employers to take mandatory refresher tutorials. 5. DHS agrees to provide to the Employer a notice, which indicates the Employer's participation in E-Verify. DHS also agrees to provide to the Employer anti -discrimination notices issued by the Office of Special Counsel for Immigration -Related Unfair Employment Practices (OSC), Civil Rights Division, U.S. Department of Justice. 6. DHS agrees to issue each of the Employer's E-Verify users a unique user identification number and password that permits them to log in to E-Verify. 7. DHS agrees to safeguard the information the Employer provides, and to limit access to such information to individuals responsible for the verification process, for evaluation of E-Verify, or to such other persons or entities as may be authorized by applicable law. Information will be used only to verify the accuracy of Social Security numbers and employment eligibility, to enforce the INA and Federal criminal laws, and to administer Federal contracting requirements. 8. DHS agrees to provide a means of automated verification that provides (in conjunction with SSA verification procedures) confirmation or tentative nonconfirmation of employees' employment eligibility within three Federal Government work days of the initial inquiry. 9. DHS agrees to provide a means of secondary verification (including updating DHS records) for employees who contest DHS tentative nonconfirmations and photo mismatch tentative nonconfirmations. This provides final confirmation or nonconfirmation of the employees' employment eligibility within 10 Federal Government work days of the date of referral to DHS, unless DHS determines that more than 10 days may be necessary. In such cases, DHS will provide additional verification instructions. ARTICLE III REFERRAL OF INDIVIDUALS TO SSA AND DHS A. REFERRAL TO SSA 1. If the Employer receives a tentative nonconfirmation issued by SSA, the Employer must print the notice as directed by E-Verify. The Employer must promptly notify employees in private of the finding and provide them with the notice and letter containing information specific to the employee's E-Verify Page 8 of 17 E-Verify MOU for Employers I Revision Date 06/01/13 � sect v- orE-Verif Company ID Number: 1419899 case. The Employer also agrees to provide both the English and the translated notice and letter for employees with limited English proficiency to employees. The Employer agrees to provide written referral instructions to employees and instruct affected employees to bring the English copy of the letter to the SSA. The Employer must allow employees to contest the finding, and not take adverse action against employees if they choose to contest the finding, while their case is still pending. 2. The Employer agrees to obtain the employee's response about whether he or she will contest the tentative nonconfirmation as soon as possible after the Employer receives the tentative nonconfirmation. Only the employee may determine whether he or she will contest the tentative nonconfirmation. 3. After a tentative nonconfirmation, the Employer will refer employees to SSA field offices only as directed by E-Verify. The Employer must record the case verification number, review the employee information submitted to E-Verify to identify any errors, and find out whether the employee contests the tentative nonconfirmation. The Employer will transmit the Social Security number, or any other corrected employee information that SSA requests, to SSA for verification again if this review indicates a need to do so. 4. The Employer will instruct the employee to visit an SSA office within eight Federal Government work days. SSA will electronically transmit the result of the referral to the Employer within 10 Federal Government work days of the referral unless it determines that more than 10 days is necessary. 5. While waiting for case results, the Employer agrees to check the E-Verify system regularly for case updates. 6. The Employer agrees not to ask the employee to obtain a printout from the Social Security Administration number database (the Numident) or other written verification of the SSN from the SSA. B. REFERRAL TO DHS 1. If the Employer receives a tentative nonconfirmation issued by DHS, the Employer must promptly notify employees in private of the finding and provide them with the notice and letter containing information specific to the employee's E-Verify case. The Employer also agrees to provide both the English and the translated notice and letter for employees with limited English proficiency to employees. The Employer must allow employees to contest the finding, and not take adverse action against employees if they choose to contest the finding, while their case is still pending. 2. The Employer agrees to obtain the employee's response about whether he or she will contest the tentative nonconfirmation as soon as possible after the Employer receives the tentative nonconfirmation. Only the employee may determine whether he or she will contest the tentative nonconfirmation. 3. The Employer agrees to refer individuals to DHS only when the employee chooses to contest a tentative nonconfirmation. 4. If the employee contests a tentative nonconfirmation issued by DHS, the Employer will instruct the Page 9 of 17 E-Verify MOU for Employers I Revision Date 06/01/13 � sect v- orE-Verif Company ID Number: 1419899 employee to contact DHS through its toll -free hotline (as found on the referral letter) within eight Federal Government work days. 5. If the Employer finds a photo mismatch, the Employer must provide the photo mismatch tentative nonconfirmation notice and follow the instructions outlined in paragraph 1 of this section for tentative nonconfirmations, generally. 6. The Employer agrees that if an employee contests a tentative nonconfirmation based upon a photo mismatch, the Employer will send a copy of the employee's Form 1-551, Form 1-766, U.S. Passport, or passport card to DHS for review by: a. Scanning and uploading the document, or b. Sending a photocopy of the document by express mail (furnished and paid for by the employer). 7. The Employer understands that if it cannot determine whether there is a photo match/mismatch, the Employer must forward the employee's documentation to DHS as described in the preceding paragraph. The Employer agrees to resolve the case as specified by the DHS representative who will determine the photo match or mismatch. 8. DHS will electronically transmit the result of the referral to the Employer within 10 Federal Government work days of the referral unless it determines that more than 10 days is necessary. 9. While waiting for case results, the Employer agrees to check the E-Verify system regularly for case updates. ARTICLE IV SERVICE PROVISIONS A. NO SERVICE FEES 1. SSA and DHS will not charge the Employer for verification services performed under this MOU. The Employer is responsible for providing equipment needed to make inquiries. To access E-Verify, an Employer will need a personal computer with Internet access. ARTICLE V MODIFICATION AND TERMINATION A. MODIFICATION 1. This MOU is effective upon the signature of all parties and shall continue in effect for as long as the SSA and DHS operates the E-Verify program unless modified in writing by the mutual consent of all parties. 2. Any and all E-Verify system enhancements by DHS or SSA, including but not limited to E-Verify checking against additional data sources and instituting new verification policies or procedures, will be covered under this MOU and will not cause the need for a supplemental MOU that outlines these changes. Page 10 of 17 E-Verify MOU for Employers I Revision Date 06/01/13 � sect v- orE-Verif Company ID Number: 1419899 B. TERMINATION 1. The Employer may terminate this MOU and its participation in E-Verify at any time upon 30 days prior written notice to the other parties. 2. Notwithstanding Article V, part A of this MOU, DHS may terminate this MOU, and thereby the Employer's participation in E-Verify, with or without notice at any time if deemed necessary because of the requirements of law or policy, or upon a determination by SSA or DHS that there has been a breach of system integrity or security by the Employer, or a failure on the part of the Employer to comply with established E-Verify procedures and/or legal requirements. The Employer understands that if it is a Federal contractor, termination of this MOU by any party for any reason may negatively affect the performance of its contractual responsibilities. Similarly, the Employer understands that if it is in a state where E-Verify is mandatory, termination of this by any party MOU may negatively affect the Employer's business. 3. An Employer that is a Federal contractor may terminate this MOU when the Federal contract that requires its participation in E-Verify is terminated or completed. In such cases, the Federal contractor must provide written notice to DHS. If an Employer that is a Federal contractor fails to provide such notice, then that Employer will remain an E-Verify participant, will remain bound by the terms of this MOU that apply to non -Federal contractor participants, and will be required to use the E-Verify procedures to verify the employment eligibility of all newly hired employees. 4. The Employer agrees that E-Verify is not liable for any losses, financial or otherwise, if the Employer is terminated from E-Verify. ARTICLE VI PARTIES A. Some or all SSA and DHS responsibilities under this MOU may be performed by contractor(s), and SSA and DHS may adjust verification responsibilities between each other as necessary. By separate agreement with DHS, SSA has agreed to perform its responsibilities as described in this MOU. B. Nothing in this MOU is intended, or should be construed, to create any right or benefit, substantive or procedural, enforceable at law by any third party against the United States, its agencies, officers, or employees, or against the Employer, its agents, officers, or employees. C. The Employer may not assign, directly or indirectly, whether by operation of law, change of control or merger, all or any part of its rights or obligations under this MOU without the prior written consent of DHS, which consent shall not be unreasonably withheld or delayed. Any attempt to sublicense, assign, or transfer any of the rights, duties, or obligations herein is void. D. Each party shall be solely responsible for defending any claim or action against it arising out of or related to E-Verify or this MOU, whether civil or criminal, and for any liability wherefrom, including (but not limited to) any dispute between the Employer and any other person or entity regarding the applicability of Section 403(d) of IIRIRA to any action taken or allegedly taken by the Employer. E. The Employer understands that its participation in E-Verify is not confidential information and may be disclosed as authorized or required by law and DHS or SSA policy, including but not limited to, Page 11 of 17 E-Verify MOU for Employers i Revision Date 06/01/13 E-Verifv- Company ID Number: 1419899 Congressional oversight, E-Verify publicity and media inquiries, determinations of compliance with Federal contractual requirements, and responses to inquiries under the Freedom of Information Act (FOIA). F. The individuals whose signatures appear below represent that they are authorized to enter into this MOU on behalf of the Employer and DHS respectively. The Employer understands that any inaccurate statement, representation, data or other information provided to DHS may subject the Employer, its subcontractors, its employees, or its representatives to: (1) prosecution for false statements pursuant to 18 U.S.C. 1001 and/or; (2) immediate termination of its MOU and/or; (3) possible debarment or suspension. G. The foregoing constitutes the full agreement on this subject between DHS and the Employer. To be accepted as an E-Verify participant, you should only sign the Employer's Section of the signature page. If you have any questions, contact E-Verify at 1-888-464-4218. Page 12 of 17 E-Verify MOU for Employers I Revision Date 06/01/13 riE-Vefv— or �ylll� Company ID Number: 1419899 Approved by: Employer Housing Development Corporation of SW Florida, Inc Name (Please Type or Print) Title Michael Puchalla Signature Date Electronically Signed 06/07/2019 Department of Homeland Security — Verification Division Name (Please Type or Print) Title USCIS Verification Division Signature Date Electronically Signed 06/07/2019 Page 13 of 17 E-Verify MOU for Employers I Revision Date 06/01/13 � sect v- orE-Verif Company ID Number: 1419899 Information Required for the E-Verify Program Information relating to your Company: Housing Development Corporation of SW Florida, Inc Company Name 3200 Bailey Lane Ste 109 Company Facility Address Naples, FL 34105 Company Alternate Address County or Parish COLLIER Employer Identification Number 383695928 North American Industry 624 Classification Systems Code Parent Company Number of Employees 5 to 9 Number of Sites Verified for 1 Page 14 of 17 E-Verify MOU for Employers I Revision Date 06/01/13 E-Verifv- Company ID Number: 1419899 Are you verifying for more than 1 site? If yes, please provide the number of sites verified for in each State: FLORIDA 1 site(s) Page 15 of 17 E-Verify MOU for Employers I Revision Date 06/01/13 E-Verifv- Company ID Number: 1419899 Information relating to the Program Administrator(s) for your Company on policy questions or operational problems: Name Michael J Puchalla Phone Number (239) 434 - 2397 ext. 205 Fax Number (239) 403 - 2387 Email Address michael@collierhousing.com Name Michael J Puchalla Phone Number (239) 434 - 2397 ext. 205 Fax Number (239) 403 - 2387 Email Address michael@collierhousing.com Page 16 of 17 E-Verify MOU for Employers I Revision Date 06/01/13 E-Verifv- Company ID Number: 1419899 Page intentionally left blank Page 17 of 17 E-Verify MOU for Employers I Revision Date 06/01/13 cAim, arty wr�,ueew aw.+� pepem.+ Form 6: Vendor Substitute W —9 Request for Taxpayer Identification Number and Certification In accordance with the Internal Revenue Service regulations, Collier County is required to collect the following information for tax reporting purposes from individuals and companies who do business with the County (including social security numbers if used by the individual or company for tax reporting purposes). Florida Statute 119.071(5) requires that the county notify you in writing of the reason for collecting this information, which will be used for no other purpose than herein stated. Please complete all information that applies to your business and return with your quote or proposal. I. General Information (provide all information) (as .shown on income tax return) Business Name (if dTf(Baileylanarenr ((roin taxpayer narne) Address 3200 Ste 109 City Naples State FL Zip 34105 (239) 434-2397 Formi michaelrecDcollierhousin .com Order Information (Must be filled out) Remit / Payment Information (Must be filled nut) Address 3200 Bailey Lane Ste 109 Addrts. 3200 Bailey Lane Ste 109 City Naples State FL pip 34105 I City Naples State FL Zip 34105 Email michael@collierhousing.com 2. Company Status (check only one) 3. Taxpayer Identification Number (for tax reporting purposes only) Federal Tax Identification Number (TIN) 35-359592e (Vendors who do not have a TIN, will be required to provide a social security number prior to an award). 4. Sign and Date Form: Certification: Under enalties o er'urv. / certi than the information .shown on this form is correct romv knowled e Signature x� ji p - Date 01/28/2020 Title Executive Director Phone Number (239) 4342397 Corti, Admleisealve S.Mis s Department Prowrement se,ows 0ivision Form 7: Vendor Submittal — Local Vendor Preference Affidavit (Check Appropriate Boxes Below) State of Florida (Select County if Vendor is described as a Local Business) ® Collier County ❑ Lee County Vendor affirms that it is a local business as defined by the Procurement Ordinance of the Collier County Board of County Commissioners and the Regulations Thereto. As defined in Section XV of the Collier County Procurement Ordinance: Local business means the vendor has a current Business Tax Receipt issued by the Collier County 'Fax Collector prior to bid or proposal submission to do business within Collier County, and that Identities the business with a permanent physical business address located within the limits of Collier County from which the vendor's staff operates and performs business in an area zoned for the conduct of such business. A Past Office Box or a facility that receives mail, or a non -permanent structure such as a construction mailer, storage shed, or other non -permanent structure shall not be used for the purpose of establishing said physical address. In addition to the foregoing, a vendor shall not be considered a "local business" unless it contributes to the economic development and well-being of Collier County in a verifiable and measurable way. This may include, but not be limited to, the retention and expansion of employment opportunities, support and increase to the County's tax base, and residency of employees and principals of the business within Collier County. Vendors shall affirm in writing their compliance with the foregoing at the time of submitting their bid or proposal to be eligible for consideration as a "local business" under this section. A vendor who misrepresents the Local Preference status of its firm in a proposal or bid submitted to the County will lose the privilege to claim Local Preference status for a period of up to one year under this section. Vendor must complete the following information: Year Business Established in ®Collier County or ❑ Lee County: 2003 Number of Employees (Including Owner(s) or Corporate Officers): 5 Number of Employees Living in ® Collier County or ❑ Lee (Including Owner(s) or Corporate Officers):_5_ If requested by the County, vendor will be required to provide documentation substantiating the information given in this affidavit. Failure to do so will result in vendor's submission being deemed not applicable. Vendor Name: Housing Development Corp of SW Florida, d/b/a Date: _01/28/2020 HELP Address in Collier or Le County: 320 Bailey Lane, Ste 109, Naples, FL 34105 Signature: � Title: Executive Director 1.0 LOCAL VENDOR PREFERENCE (LVP) The County is using the Competitive Sealed Bid methodology of source selection for this procurement, as authorized by Ordinance Number 2017-08 establishing and adopting the Collier County Procurement Ordinance. 1.2 Local business means the vendor has a current Business Tax Receipt issued by the Collier County Tax Collector prior to bid or proposal submission to do business within Collier County, and that identifies the business with a permanent physical business address located within the limits of Collier County from which the vendor's staff operates and performs business in an area zoned for the conduct of such business. A Post Office Box or a facility that receives mail, or a non -permanent structure such as a construction trailer, storage shed, or other non -permanent structure shall not be used for the purpose of establishing said physical address. In addition to the foregoing, a vendor shall not be considered a "local business" unless it contributes to the economic development and well-being of Collier County in a verifiable and measurable way. This may include, but not be limited to, the retention and expansion of employment opportunities, support and increase to the County's tax base, and residency of employees and principals of the business within Collier County. Vendors shall affirm in writing their compliance with the foregoing at the time of submitting their bid or proposal to be eligible for consideration as a "local business" under this section. A vendor who misrepresents the Local Preference status of its firm in a proposal or bid submitted to the County will lose the privilege to claim Local Preference status for a period of up to one year. 1.3 Under this solicitation, bidders desiring to receive local preference will be invited and required to affirmatively state and provide documentation as set forth in the solicitation in support of their status as a local business. Any bidder who fails to submit sufficient documentation with their bid offer shall not be granted local preference consideration for the purposes of that specific contract award. Except where federal or state law, or any other funding source, mandates to the contrary, Collier County and its agencies and instrumentalities, will give preference to local businesses in the following manner. 1.4 Competitive bid (local price match option). Each formal competitive bid solicitation shall clearly identify how the price order of the bids received will be evaluated and determined. When a qualified and responsive, non -local business submits the lowest price bid, and the bid submitted by one or more qualified and responsive local businesses is within ten percent of the price submitted by the non -local business, then the local business with the apparent lowest bid offer (i.e., the lowest local bidder) shall have the opportunity to submit an offer to match the price(s), less one (1) dollar, offered by the overall lowest, qualified and responsive bidder. In such instances, staff shall first verify if the lowest non -local bidder and the lowest local bidder are in fact qualified and responsive bidders. Next, the Procurement Services Division shall determine if the lowest local bidder meets the requirements of Fla. Stat. Sec.287.087 (Preferences to businesses with drug -free workplace programs). If the lowest local bidder meets the requirements of Fla. Stat. Sec. 287.087, the Procurement Services Division shall invite the lowest local bidder to submit a matching offer, less one (1) dollar, within five (5) business days thereafter. If the lowest local bidder submits an offer that fully matches the lowest bid, less one (1) dollar, f r o m the lowest non -local bidder tendered previously, then award shall be made to the local bidder. If the lowest local bidder declines or is unable to match the lowest non -local bid price(s), then award will be made to the lowest overall qualified and responsive bidder. If the lowest local bidder does not meet the requirement of Fla. Stat. Sec 287.087, and the lowest non -local bidder does, award will be made to the bidder that meets the requirements of the reference state law. 1.5 Bidder must complete and submit with their bid response the Affidavitfor Claiming Status as a Local Business which is included as part of this solicitation. Failure on the part of a Bidder to submit this Affidavit with their bid response will preclude said Bidder from being considered for local preference on this solicitation. 1.6 A Bidder who misrepresents the Local Preference status of its firm in a bid submitted to the County will lose the privilege to claim Local Preference status for a period of up to one (1) year. 1.7 The County may, as it deems necessary, conduct discussions with responsible bidders determined to be in contention for being selected for award for the purpose of clarification to assure full understanding of, and responsiveness to solicitation requirements. I I MCDOWELL HOUSING PARTNERS An AjfiG¢(e ajMCDaweGPraper(ies RESUME McDowell Housing Partners McDowell Housing Partners (MHP) is the affordable and workforce development and investment arm of McDowell Properties, a national multifamily housing investment company focused on the acquisition, management and repositioning of apartment communities in growth markets across the United States. Since 2004 McDowell Properties has capitalized the acquisition, redevelopment, and operation of over 45,000 apartment units ($2.5BN of real estate assets) with a specific focus on in-depth capital improvements, operational efficiencies and community creation to provide more than just "four walls and a roof' to thousands of families across the US. The company has active offices in Dallas, New York, Miami, San Francisco and Raleigh. Our principals average over 20 years of experience in developing, optimizing, operating, and recapitalizing conventional, workforce, and housing Section 42 low-income tax credit housing across the country. Leveraging McDowell Properties deep in-house operating platforms, including a vertically integrated team of finance, construction, project management, accounting and asset management staff, McDowell Housing Partners (MHP) implements a specific mission to create and preserve high -quality affordable housing communities that provide America's workforce a safe, secure, and sustainable place to call home. At MHP we maintain a keen focus on the creation of innovative and valuable social programs that drive tenant satisfaction within our affordable housing communities. McDowell Housing Partners has established a team of professionals with a long track record of successfully producing and operating rent and income restricted assets. MHP principals and key staff have completed the development of over 3,000 affordable/workforce units, most within Florida. The MHP team has a demonstrated track record of successfully partnering with state and local governments to deliver the essential workforce and affordable communities that house the families and seniors who make communities thrive. With the lack of soft financing available, it has become extremely challenging to feasibly structure the necessary sources to develop quality affordable/workforce housing in the State of Florida. Our experience and strong relationships with the financial partners allow MHP to secure the most competitive financing terms in the industry. But relationships are often not enough. To mitigate the challenging constraints of developing affordable housing the MHP team relies on in-depth experience of Section 42 of the tax code (LIHTC), creativity in financial structuring, and perseverance to leverage all available sources of funding so we can deliver on time and as promised. McDowell Housing Partners All funding applications are prepared in-house, as well as the financial feasibility analysis to determine the appropriate funding structure and sources to use for each project. The MHP team has demonstrated ability utilizing intricate financing products and methods, such as FHA -insured mortgages (221(d)(4) and 223(f) loans, Multi -family Mortgage Revenue Bonds, HOME Investment Partnership loans, Affordable Housing Partnership loan (AHP), Florida's State Apartment Incentive Loan program (SAIL), Community Development Block Grants, Tax -increment Financing, renewable energy incentives, Department of Revenue sales tax rebates, as well as various state and local programs. MHP's Managing Director has successfully orchestrated the development of over 2,600 affordable units utilizing these tools. A list of Mr. Shear's developments are provided for reference below: Cam airy 1 rru'ect Location Finaucing Structure Cummencement Vnits Carlisle Development Group Northwest Gardens I Fort Lauderdale. FL 4% L HTC - AHP - TCEP 2008 143 Northwest Gardens Ur Fort Lauderdale, FL 9%=C+ Broward HOME loan+TCEP 2009 150 Kennedy Homes Fa¢1Lauderdale, FL 9%LMTC+ Bruward HOME loan+TCEP 2009 132 nixie Court IIl Fort Lauderdale, FL 9%LH-ITC-AHP+Bmward HOME Loan 2008 100 Palafox Lauding Pensacola FL 4% LIRTC, HHRP, SHIP 2009 96 Dice Court YU Fort Lauderdale, FL 9%LJHTC+TCEP+ Escambia Co Httmeane Recov Loan+TCAP 2007 154 Elder • Housing Ilerelo Ell and rations Cot oratlan Mildred & Claude Pepper Towers Maori, FL 9% 1JF TC, FHA Loup+ Section 8 HAP 2010 151 Mayfield Manor Cauwn, OH 4% LRTFC, FHA Loan, Section 8 HAP 2011 144 Jacksonville Towers lacksonville, AR FHA Loan+Section 8HAP 2011 1110 Johnson Towers Washington DC FHA loan+Section 9HAP 2011 55 Robert Miarp Towers Mmuu Gardens, FL 4% LRJTC - Section 8 HAP+ Surtax 2012 110 Edward M. Marx Apartments Chia o, IL HUD Section 202 - City ofClucago Loan 2012 31 J. Michael Fitzgerald Chicago, IL HU11 Section 202 — City of Chicago Loan 2012 63 khu P— AFarlmervs F-t—, CA Hull Secrioa 202 + Font— Redevelopment Agency roan 2017 60 Musing T-1 Group Village Place Fortlauderdale FL 9%LIRTC, HOME 2013 112 Courlside Fami is Miauai, FL 4V. LUITC - Ci of Miaau Loan + Surtax + HOME+ Miami -Dade County Land Contnbutiou 0east 2014 84 WhIsPeringPalms Largo, FL 9% L HTC - Pinellas County Loan 2014 63 Cornell Colony Avon Park, FL HOME +AHP 2015 44 Wagner Creek Apamneuts Mama FL I.RTJC, Srtttax, HOME 2015 73 Park at Wellington Apartments Pasco County, FL 9%I.RTSC+ Pasco County Fee Waiver 2016 110 Park at We W - fs ll Pasco County. FL 4% LIRTC + SAIL Loan 2016 110 Arbor View Brotvard Couuh_ �. FL 9% I.II-CTC - HOME 2016 100 Don , Gardens R'o—d C .-ty. FL 4% LRiic - SAM Loan +Broward C L.pan+ Stat4e of Florida Land Contribution (Lease) 2016 110 Hammock Ridge Hemanda County, FK 9% LRLLC + Hetnaado County Loan 2017 104 Han k Pidge 11 Hernando County, FH 9% 11H7C 2017 92 O Pointe Pasco C.—IT, FL 4% LIHTC - SAIL 2018 110 OTNT,oTuli7�'ii[�7iTi7[0iTili=Al:l: W. Patrick McDowell Chairman & CEO Kenneth Lee President Jeana Corker SVP, Jake Gentling Debbie Dillon Charles Kosloslcy Head of Capital Formation Managing Director, Acquisitions Managing Director, Asset Management Managing Director &CFO & Investor Relations Brittany Burckhard Andrew Meador Camille McDowell Manpreet Dhadda AVP, Acquisitions VP, Capital Projects Director, Asset Design VP, Finance Mickkail Cain Justin Jacaman Bunny Blake Natalee Min Associate, Acquisitions Sr. Capital Prj. Mgr. VP, Asset Mgmt. Accounting Controller William Wilder Travis Rann Colin Santos Jon -Paul Karam Analyst, Acquisitions Capital Prj. Mgr. VP, Asset Mgt. Real Estate Financial Analyst Brandy Cerbone Emily White Louellie Ferrer Design Project Mgr. Associate, Asset Mgt.. Accounting Technician Emily Flemming Office Manager / EA Christopher Shear Managing Director, McDowell Housing Partners Ariana Brendle Development Manager Cheryl Chalas Development Associate Bios W. Patrick McDowell Chairman & CEO Mr. McDowell has 48 years of experience in the real estate industry. As McDowell Properties Founder, Chairman and CEO, he leads the senior team in all aspects of the firm's business activities and strategic planning efforts and is Chairman of the firm's Investment Committee. Mr. McDowell also oversees the operations of McDowell Housing Partners, the affordable housing affiliate of McDowell Properties, as its Managing Partner. McDowell Properties was formed in 2004 and has an equity investment strategy that focuses on the opportunistic acquisition of multifamily properties. McDowell Properties is also an active buyer of subordinate CMBS debt. Since inception the company has purchased over 40,000 rental units valued at over $313N and has made investments in subordinate, commercial mortgage -backed securities representing $15.313N of multifamily loans secured by over 229,000 units. In 2019 McDowell Housing Partners was formed to build and rehab LIHTC affordable housing with an initial focus on Florida, Texas and Arizona. Mr. McDowell was a founder and partner of The Fox Group and its successor company Metric Realty, a joint venture with Metropolitan Life Insurance Company, from 1971 until 1993. Fox/Metric invested in and managed over $4 billion in real estate assets, comprising in excess of 400 individual properties located in more than 30 states. Mr. McDowell was Executive Vice President of Fox from 1975 until 1986, in charge of all acquisition, disposition and financing activities, and from 1986 until 1993, he was President and Chief Executive Officer. Mr. McDowell has extensive experience investing and managing capital as a fiduciary for individual investors in public and private securities offerings and for public pension funds. While at Metric Realty Mr. McDowell raised and managed capital for more than 30 public pension plans, including CALPERS and CALSTRS. Mr. McDowell is active in numerous industry organizations. He has served on the Advisory Committee for Troubled Projects the U.S. Department of Housing and Urban Development, as well as the Vice Chairman of the National Multi Housing Cqmficil. He is on the Advisory Board of the Fisher Center for Real Estate at the University of California, Berkeley, a me r of the Urban Land Institute and a Board member of the National Multi Housing Council. Mr. McDowell has a BA from Stanford University and an MBA in Real Estate from the Graduate Scho of Business at the University of California, Berkeley. A Bios Kenneth Lee President Mr. Lee is President of McDowell Properties. He is responsible for the firm's overall investment strategy overseeing all real estate acquisition, disposition and financing activities. Mr. Lee is also responsible for the firm's debt and preferred equity investments, and its institutional investment vehicles, including capital formation. During his tenure, he has acquired over $3 billion of real estate assets and made investments in subordinate, commercial mortgage -backed securities representing $15.313N in multifamily loans. In addition, Mr. Lee is a Founder and Managing Partner of McDowell Housing Partners, the affordable housing affiliate of McDowell Properties. Prior to joining McDowell Properties in 2004, Mr. Lee worked at Chase Securities, Inc. and its affiliates where he evaluated high -yield debt investments, completed over $2 billion in merger advisory and debt/equity placement transactions and worked in the finance department of a portfolio company. He also worked at GMS Realty, LLC, a private real estate investment company. Mr. Lee has a BA from Boston University and an MBA in Real Estate from the Haas School of Business at the University of California, Berkeley. He is currently a board member of the National Multi Housing Council, a member of the Advisory Board at the Fisher Center for Real Estate at the University of California, Berkeley and a member of the Urban Land Institute. Bios Charles Koslosky Managing Director/ CFO Charles Koslosky is the Managing Director - Chief Financial Officer for McDowell Properties. In this capacity, Mr. Koslosky is responsible for all financial and investor reporting, corporate finance, banking relationships, cash management, insurance, accounting, auditing, and human resources for the company. Mr. Koslosky also assists in arranging financing for property and portfolio assets. Prior to joining McDowell Properties, Mr. Koslosky was Chief Financial Officer for the Reliant Group, a real estate investment firm focused on bond financed, affordable multifamily housing and adaptive re -use projects. Prior to the Reliant Group, Mr. Koslosky served as Vice President of Corporate Finance and Administration at BRIDGE Housing Corporation, the largest non- profit developer of affordable housing in California. From 1995 to 2000, Mr. Koslosky was Chief Financial Officer for Trowbridge, Kieselhorst & Company, a nationally recognized commercial mortgage banking firm that was acquired by Northmarq Capital in July 2000. Prior to 1995, Mr. Koslosky was Chief Financial Officer for Grubb & Ellis Realty Advisors, and also arranged commercial real estate loans both as a broker and as a representative of a financial institution. Mr. Koslosky began his professional career in the tax department of a large public accounting firm. Mr. Koslosky has a BA, MBA and JD from the University of San Francisco. Mr. Koslosky is a member of the State Bar of California. Bios Debbie Dillon Managing Director, Asset Management Debbie Dillon is the Managing Director - Asset Management for McDowell Properties. Ms. Dillon supervises asset management and construction management services across numerous markets. Ms. Dillon is responsible for overseeing third party fee managers, evaluating investment performance and the implementation of value -add strategies. Ms. Dillon has specialized in multifamily repositioning for nearly 30 years and prior to joining McDowell Properties, she was employed by Fieldstone Properties developing investment and renovation plans for a large multifamily portfolio. She was essential in the effort to develop equity partnerships, acquisition of new investments and was responsible for executive level oversight of financial performance. During her tenure, she led the redevelopment strategy of a 2,900-unit, mixed use development, one of the largest multifamily projects on a national level. Ms. Dillon spent 15 years with L&B Realty Advisors, a pension fund advisor, as Director of Asset Management. She was responsible for retaining third party fee managers and the strategic and tactical planning of multifamily assets. She was a member of the Investment Committee and worked closely with the acquisition team. Ms. Dillon oversaw assets at a national level, including projects in Denver, Salt Lake City, Chicago, Tampa, Las Vegas, Washington D.C. and numerous markets in Texas and California. During her capacity as Senior Asset Manager at L&B, Ms. Dillon was engaged in the financial management of over 50 properties with a total value of approximately $1.0 Billion. Ms. Dillon served as a Vice President of Property Operations with First Worthing Company overseeing more than 30,000 units. Ms. Dillon previously held a national marketing and training position with National Housing Partnership and has been involved with multifamily housing since 1986. Her professional affiliations include the National Apartment Association, Institute of Real Estate Management and Commercial Investment Real Estate Institute. Ms. Dillon is also a member of CREW, Commercial Real Estate Women. Ms. Dillon has earned the Certified Apartment Manager, Certified Property Manager and Certified Commercial Investment Member designations. Bios Christopher Shear Managing Director In February 2019, Christopher Shear joined McDowell Properties as Managing Director to facilitate the formation of McDowell Housing Partners (MHP), an affiliated company focused on affordable and workforce housing development and investment. Having developed over 2,600 affordable/workforce housing units under an array of complex financial and public/partnership structures over his career, Mr. Shear maintains a resolute passion for the development and preservation of housing that serves the low and moderate income workforce population. Mr. Shear's success is largely attributable to creatively utilizing 9% and 4% Low -Income Housing Tax Credits, Tax -Exempt Bonds, Tax -Increment Financing, Community Development Block Grants (CDBG), HOME investment Partnership Loans, Federal Home Loan Bank AHP loans, FHA insured mortgage products, Section 8 Project -Based Rental Assistance, and various local affordable housing subsidies. As Managing Director, Mr. Shear continues to apply his experience and leadership across MHP's acquisition, development, accounting, and operational teams for income and rent restricted assets. Likewise, Mr. Shear is responsible for devising and implementing MHP's growth, development and investment strategies; hiring and assignment of key personnel; and formulating strategic partnerships with local governments, mission driven non -profits, housing authorities, faith and community -based organizations. Prior to joining McDowell Housing Partners Mr. Shear served in leadership roles with prominent for -profit and non-profit affordable housing firms. Most recently, as Senior Vice President for Housing Trust Group, Mr. Shear was instrumental to HTG's rapid growth as a result of orchestrating the development of 12 competitively -funded new construction developments (1,112 units) during his 7-year tenure. Mr. Shear is a LEED Accredited Professional and holds a B.S. in Economics, with a concentration in Real Estate and Urban Land Economics, from the University of Wisconsin —Madison. He is also a member of the Coalition of Affordable Housinl Providers, Inc., and also a board member of the Miami Beach Community Development Corporation. A list of Mr. Sh developments are provided for reference below: Bios Ariana Brendle Development Manager Ms. Brendle serves as Development Manager at McDowell Housing Partners ("MHP"), where she is responsible for managing all aspects of the development process from asset acquisition through debt conversion and stabilization. As lead project manager, Ms. Brendle will serve as the liaison between the financing, construction and tax credit allocation sides of the deal with the full support of the MHP's vertically integrated team, including legal, finance, underwriting, asset management, construction management, accounting, and compliance executives. Ms. Brendle's professional experience encompasses both affordable & market -rate multifamily housing development and financing. She was previously employed with AGM Financial Services, Inc., a HUD FHA Lender, where she underwrote over $100M in FHA insured loans utilizing 221(d)(4) New Construction & Sub -Rehabilitation, 223(f)/(a)(7), 202 and 231 loan products. The capital stacks of these developments typically included Low Income Housing Tax Credits (4% & 9%), Tax Exempt Bonds, and subordinate debt. Inspired by the work of many low-income housing developers, as well as her desire to be actively involved in preserving and creating new affordable housing for low income families, Ms. Brendle later joined AHC Inc. — one of the largest nonprofit developers of affordable and mixed -income housing in the Washington -Baltimore metro area. As their Development Manager, Ms. Brendle helped identity potential new projects, evaluate financial feasibility, obtain financing, and manage the development team members during all phases of the project. Ms. Brendle received a BA in International Business from Faculdade Cenecista de Joinville (Brazil), as well as a Master's in Business Administration — Finance from the University of Baltimore. She is a graduate of the Mortgage Bankers Association FHA Multifamily Underwriting Training Program, and a member of the Coalition of Affordable Housing Providers, Inc. Bios Cheryl Chalas Development Associate Cheryl Chalas is a Development Associate for McDowell Housing Partners in our Miami office, directly supporting the Managing Partners of McDowell Housing Partners, Mr. W. Patrick McDowell and Mr. Kenneth Lee. Prior to joining McDowell Properties in 2014, Mrs. Chalas was the Executive Assistant / Office Manager for Andbank Wealth Management. Mrs. Chalas has years of proven experience. Having worked for Lehman Brothers, Mrs. Chalas managed administrative tasks and supported the Managing Director of the Global Real Estate Group and Global Risk Management Group as well. Mrs. Chalas also served under the Director of Finance at the Aids Center of Queens County in New York, managing, amongst other things, and intra-agency coordination. Mrs. Chalas is fluent in both English and Spanish. She is technically proficient, highly motivated and is an integral part of the McDowell team. Mrs. Chalas has a BBA Double Major in Finance and International Business from Florida International University. Regional Offices & Property Locations San F MP Office Locations MP Property Locations Additional Target Markets Financial Strength ► Extremely Well Capitalized and Experienced Team! ➢ McDowell Properties has been a designated Freddie Mac Select Sponsor since the inception of the program. This is a highly coveted designation, recognizing sponsors with a successful track record, and alignment with Freddie Mac's mission to provide liquidity, stability, and affordability to the U.S. housing market with an emphasis on securing housing for low and moderate income families; ➢ Acquired, re -developed, and managed $3BN of apartments (over 40,000 units), and made investments in commercial mortgage backed securities representing $15.3BN of multifamily loans secured by over 229,000 units I in US. Freddie Mac MULTIFAMILY January 22, 2019 Dear Pat; I'm pleased to announce you've been chosen as a Freddie Mac Multifamily Select Sponsor for 2019. As the new head of the Multifamily division, I wanted to personally welcome you into this elite group. This special designation is reserved for our most valued sponsors, and you've been chosen for your proven success in the market and loyalty to Freddie Mac. As a Select Sponsor, we are dedicated to showing our commitment to partner with you through exclusive benefits, that include: Dedicated Relationship Managers to provide a consistent, efficient experience across our regions. These specialists are supported by representatives from Underwriting, Legal and Servicing and will ensure all your transactions go as smoothly F ,possible. o Primary Relationship Manager. Amand- Nunnink, amanda_nunnink@freddiemac.com, 312-407-7510 o Secondary Relationship Manager: Preslava Kovatchevska, preslava_kovatchevska@freddiemac.com, 703-719-2280 Previews of key research and new offerings, providing you a "first look" before we release the information broadly. You'll also get the unique opportunity to help us shape new offerings and enhancements. Streamlined underwriting and prior approval of document modifications to reduce the negotiations per deal, allowing time to focus on transactions and properties. Exclusive Select Sponsor communications and calls to hear directly from top Freddie Mac executives about their views on the industry and our business. This is also our opportunity to hear directly from you on the issues impacting your business and ideas on what we could be doing better. Enclosed you'll find a small gift commemorating your status as a 2019 Select Sponsor. I've also attached a contact card to make reaching your key contacts easier. If you have any questions about the Select Sponsor program, Lauren Garren leads this initiative and would be happy to hear from you. You can reach her by phone or email at 703-903-4170 or Lauren—Garren@freddiemac.com. I truly thank you for your business this past year and look forward to engaging with you and continuing our partnership. Best wishes for another successful year, Debby Jenkins Executive Vice President Head of Freddie Mac Multifamily RESUME H A T 2 U A l I 66 00 Statement of Qualifications National Community Renaissance of California and Hope through Housing Foundation FUP }�tyr :4CYJSIM14i' National Community Renaissance: Developer, General Contractor, Property Manager & Social Service Provider For nearly 30 years, National Community Renaissance of California (NCRC) has been a thought leader and pioneer in developing sustainable models that leverage community resources creating high -quality NCRC is one of the largest national nonprofit affordable housing developers in the nation serving more than 25,000 residents in nearly 9,000 units in 87 developments in California, Texas, and Florida. Hope through Housing Foundation, an affiliate non-profit corporation provides on -site social services to all NCRC's communities. NCRC has been honored with over 67 national, 34 regional and 67 local awards, including being honored by the National Association of Homebuilders as the: 0 National Association of Housing and Redevelopment Official's 2019 Agency Award of Excellence for Olive Meadow 0 The 2019 Gold Nugget Award of Merit for Oakcrest Heights 0 U.S. Green Building Council LEED Home Awards for the 2018 LEED Homes Power Builder With each development, NCRC remains committed to our values: Community We build and operate great communities where our residents and neighbors can thrive. Optimism We believe in the ability of people to strive for better lives, and we help provide them with the means to achieve their dreams. Respect We serve our residents, employees and partners with utmost respect. Excellence We strive for the highest standards in design, construction, property management, and customer and social service recognizing that we have a fiduciary responsibility to our residents, employees and partners. NCRC is a vertically integrated organization with experienced staff and in-house competencies in the areas of planning, construction, property management, relocation, asset management, compliance, financing and resident/social services, enabling it to do small developments as well as larger neighborhood revitalizations. This internal capacity and "in- house" structure allows for strict quality control and cost -savings in all facets of its business. NCRC's philosophy is to not only develop and maintain high -quality affordable housing, but to go well beyond the sticks and mortar, creating vibrant communities that provide a safe and nurturing environment for its residents. NCRC strives to own and manage all of its properties to ensure long-term affordability, excellent maintenance and customer service of high -quality affordable communities that transform lives and change communities. Development: Our development department, which consists of acquisitions and project development, is responsible for feasibility analysis, due diligence, project design, entitlement processing, community outreach, securing financing and construction management. Financing for all our projects is obtained by our project development staff, who prepare all funding applications in-house and perform financial feasibly analysis to determine and leverage the appropriate funding sources to use for each project. Typical sources of financing used include: 501 (c)(3) bonds, other tax-exempt bonds, 4% LIHTC, 9% LIHTC, state tax credits, AHP funds, State HCD HOME funds, State HCD MHP funds, CaIHFA HELP funds, County/City HOME funds, CDBG funds, RAD and VASH PBV, Low and Moderate Set -Aside funds, and MHSA funds. NCRC is familiar with the process and regulations applicable in securing the above funding sources and has been very successful in competing and securing awards from these funding sources. Construction: As a licensed general contractor, our Construction Team builds selected projects and also serves as the owner's representative for developments that are contracted to third -party general contractors. In that respect, the Construction Team serves as the Construction Manager in all instances. Having this expertise in- house has allowed us to develop strong systems and processes and accurate construction cost forecasting that draws from our historical database of properties built and managed. Property Management: Our in-house property management department employs strict management practices that include comprehensive tenant screening, use of a crime free addendum to the tenant leases allowing for zero tolerance of illegal activities. We strongly believe that quality management is critical to maintaining quality developments in the long term and providing a positive environment for our residents. Compliance: We have affordable housing agreements recorded on all of our developments, in addition to various other regulatory agreements with TCAC, AHP, CaIHFA HELP, and conventional permanent lenders. All of these agreements have annual compliance provisions that have to be tracked and complied with in a timely manner. To ensure timely compliance with these various agreements we have an in-house compliance department whose primary responsibilities include initial placed -in-service rent calculations and annual rent calculations for all properties, welfare exemption filing, 100% file audits at property placement in service, sample file audits annually, and legal document review to set up a tickler system for all monitoring requirements for all projects. Resident/Social Services: Hope through Housing Foundation (HTHF), a 501 (c)(3) non-profit organization, partners with NCRC to provide on -site resident/social services on NCRC communities. HTHF services are focused on three initiatives: Building Bright Futures for children and teen, creating a Pathway to Economic Empowerment for families, and building Connections to Care for seniors. HTHF has consistently demonstrated its capacity to launch and develop high quality programs that incorporate community partners designed to have a measurable impact in our communities. Sustainable Development: NCRC has embraced the concept of sustainability whenever possible and practical in its developments. NCRC has multiple multi -family developments that have achieved the coveted Platinum, Gold, and Silver LEED Certifications. Our first Platinum project was recognized by the Home Depot Foundation at the 2009 National Green Builders Conference as "Outstanding Green Project of the Year." All of these cutting edge technologies are becoming part of standard building approach that we believe will allow us to excel in this new century. This year, NCRC became the first developer to sign the American Institute of Architects' 2030 Commitment to carbon neutral building. Planning: A house is more than sticks and bricks, and NCRC understands the broader context and importance of housing in a community. Planning from a housing perspective includes integrating the diverse pieces that make up a neighborhood and community —including parks and recreation, social services, care for the environment, design and aesthetics, health and wellness, and the economy. NCRC's in-house community planning services offers our partner clients experience and knowledge to craft creative and workable housing solutions for the communities we serve. We manage, prepare and implement a variety of urban planning and design projects including general, community, master, revitalization, downtown, and specific plans; corridor studies, housing elements, and sustainability strategies. Because we want to design plans that are not only practical and implementable but also embraced by the public and decision makers, we employ a variety of engagement tools. We seek input and involvement online, by phone, in person, and through focus groups from diverse voices in the community. And by opening this dialogue and building support, we can help move projects —from the simple to the most challenging — through review and final approval. Our developments have won numerous industry awards of excellence. A sample listing of awards received is included in this section. A detailed project list of our completed developments is also included in this section. Hope through Housing Foundation (HTHF) — Social Service Provider Hope through Housing Foundation (HTHF) is an incorporated nonprofit organization that functions as an affiliate of NCRC, also a nonprofit. The two organizations work in partnership and working within the same corporate headquarters. NCRC supplies all indirect services, including human resources, payroll and accounting, and IT to HTHF. Individuals in charge of these support functions are highly experienced in their fields and follow all protocols and best practices for their disciplines. HTHF provides on -site resident/social services at NCRC Communities. HTHF has consistently demonstrated its capacity to launch and develop high quality programs that incorporate community partners designed to have a measurable impact in our communities. These programs are intended to bolster developmental, educational, social, health, and workforce opportunities for children, youth, and families living in and around our communities. In the past five years, HTHF has managed numerous foundation, city, county, and federal grants. In addition, HTHF has cultivated private and corporate donors through its annual Gala event, creating a diverse funding portfolio. HTHF services are focused on three initiatives: Child & Youth Development, Family Services and Senior Wellness. • Child Development- HTHF currently operates seven preschool programs (two Head Start programs, four State Preschool programs, and one LAUP program) independently or in partnership with local providers.. The first preschool was built in 2007. • Building Bright Futures for Children and Teens - Hope through Housing provides 30 onsite after -school programs within National CORE communities, providing a safe, nurturing after -school environment, when youth are most likely to get into trouble. Each program runs for at least three hours on weekdays, with a minimum of one hour of homework assistance for four days — resulting in more than 98,000 hours of homework assistance annually! We also ensure youth receive a healthy snack and participate in activities that promote academic enrichment, improve physical fitness, support violence prevention and character building, and offer exposure to college and career information. Additionally, the Building Bright Futures initiative aims to expand on the success of Hope through Housing's after - school programs by focusing on increasing college and career readiness for community youth through activities during after -school programs, school success celebrations, business leader presentations, college -prep workshops, and scholarship support. Pathways to Economic Empowerment — Pathways to Economic Empowerment seeks to improve the financial and social well-being of our families through financial education, workforce development and one-on-one financial coaching. The program is designed to foster economic mobility and to help low-income residents in National CORE communities and surrounding neighborhoods to achieve stability and self-sufficiency. Through a combination of financial literacy workshops, community partnerships, and individualized coaching, residents receive support, guidance and accountability to reach their personal and family goals. Pathways to Economic Empowerment provides a combination of group workshops and individual coaching designed to meet the following specific resident outcomes: • Improving knowledge of and access to financial resources Increasing income through employment • Decreasing debt through debt reduction & consolidation, and ending debt accumulation • Increasing credit scores • Increasing short- and long-term savings • Increasing homeownership Connections to Care - To ensure that basic needs are met, Hope through Housing provides connections to nutritional food sufficiency programs, rental assistance and support, entitlement and benefit program assistance, Section 8 and other housing assistance, transportation, money management, utility assistance, disaster preparedness, and safety education. To help residents maintain their health and well-being, onsite staff monitor and assist with health management linking seniors to vital health resources and provide fitness and community engagement activities to promote health and well-being. To reduce feelings of loneliness and isolation, Hope through Housing nurtures social and civic engagement and connection with others through computer classes, networking groups, and other recreational activities and opportunities of interest. Company Officers Steve PonTell, CEO and President Mr. PonTell, as Chief Executive Officer and President of NCRC and Hope through Housing Foundation, oversees two large nonprofits that serve over 25,000 low-income residents in nearly 9,000 apartment units under ownership and management throughout California, Florida and Texas. Mr. PonTell has extensive experience managing large-scale innovative community based projects. He is a nationally recognized authority on community development and creating forward -thinking organizations to maximize evolving market environments. Mr. PonTell, with a track record of success in organizational development, is improving NCRC's in-house model that guarantees superior quality control and results. He is building on the organization's demonstrated capacity to build on its successes through prudent financial management and a holistic approach to building and preserving affordable housing. Prior to leading NCRC, Mr. PonTell founded the La Jolla Institute in 1996, a California -based nonprofit think tank. While at La Jolla Institute, Mr. PonTell was vigorously involved in "Pioneering the New Community". The La Jolla Institute worked on major research projects ranging from studying critical community indicators in San Bernardino County to bringing together four counties: Los Angeles, San Bernardino, Riverside, and Orange County with the four Corners Coalition. In addition, he has served as a strategic consultant to both corporations and communities helping them to adapt to changes impacting the economy and the workplace. Mr. PonTell's clients included the County of San Bernardino; The Four Corners Coalition; and the Ventura Auto Center. Mr. PonTell has an MBA from the Claremont Graduate School Drucker Center, and he holds a Bachelor of Science degree in City and Regional Planning from California Polytechnic State University. Michael Ruane, Executive Vice President As Executive Vice President, Mr. Ruane is responsible for overseeing the operations of a NCRC, one of the nation's largest nonprofit affordable housing developers. He leads the development of NCRC's program and business strategies as well as oversees the communication of NCRC's mission to internal and external stakeholders. Prior to this position, Mr. Ruane served as Interim Chief Operating Officer and Chief of Strategy and Public Affairs for Cal Optima, the community health plan for Orange County. He has more than 20 years of experience working for the County of Orange in various positions, including as Assistant County Executive Officer for Strategic and Intergovernmental Affairs, and as Executive Director of the Children and Families Commission of Orange County. Mr. Ruane is the immediate past Chair of the Orange County/Inland Empire District Council of the Urban Land Institute. He holds a master's degree in Architecture and Urban Planning from UCLA and is an Adjunct Lecturer in the Department of Policy, Planning and Design at UC Irvine. Michael Finn, Chief Financial Officer Mr. Finn is NCRC's Chief Financial Officer. As CFO, Mike is responsible for the overall financial strategy and fiscal practices of the organization. Before joining NCRC, Mike served as CFO for a major healthcare technology company. With more than 25 years of management experience in finance and accounting, Mike has spent the majority of his career working for mid -market companies. He has significant experience in the technology, healthcare, real estate, construction, manufacturing, and entertainment fields. His expertise is in strategic financial planning and analysis, financial reporting and forecasting, mergers and acquisitions, corporate governance, and corporate restructuring. He received his bachelor's degree in economics from UCLA. Robert Diaz, General Counsel Mr. Diaz, NCRC's General Counsel, joined NCRC in 2017. Robert brings significant experience in the areas of debt finance, corporate governance, banking regulations, mergers and acquisitions and general corporate law. Robert has also focused on the development and implementation of corporate controls and structure and has previously played a major role in managing significant portions of large-scale regulatory remediation efforts. Robert graduated from the University of Chicago Law School in 2000 and received his B.S. degree in Business Administration from Chapman University in 1997. He was commissioned as an officer in the United States Army Reserve and served as a member of the Army's JAG Corps for 15 years. Fluent in Spanish, Robert has represented clients in cross -border transactions in Latin America. Gregory Bradbard, President of Hope through Housing Foundation Mr. Bradbard, President of the Hope through Housing Foundation and NCRC's Senior Vice President of Strategic Partnerships has more than 20 years of experience as a community leader and fundraiser throughout Southern California. Prior to joining Hope through Housing and NCRC, Greg served as President and Chief Executive Officer of the Inland Empire United Way (IEUW). Under his leadership, IEUW increased its community impact by launching several new programs to improve youth and family self-sufficiency. Greg holds a B.A. in Psychology and Social Behavior from UC Irvine, and past roles have included serving as the Executive Director for Court Appointed Special Advocates (CASA) of Orange County, Executive Director for the Irvine Public Schools Foundation, and Director of Development for Families Forward. Department Leadership Dan Lorraine, Senior Vice President of Property Management Daniel W. Lorraine joined National Community Renaissance of California in 2014 as senior vice president of property management. Previously, Dan was senior vice president of property management at the Community Builders in Boston, overseeing a division responsible for managing nearly 9,000 units across fourteen states and the District of Columbia. At Community Builders, he led a cutting edge division that thrived in difficult markets and managed complex properties. He joined the company in 2008 after six years as regional manager for Trans World Entertainment Corp. in Albany, N.Y. He also spent 18 years in management positions for Woonsocket, R.I.-based CVS/Pharmacy. Ashley Wright, Senior Vice President Mr. Wright has more than 25 years of experience in real estate finance, housing and development. His knowledge includes entitlement, financing, land development and construction of multifamily rental housing, for sale housing and commercial property. His career has included working for a commercial brokerage company that specialized in marketing residential land, an affordable housing developer that has developed thousands of affordable housing units and a single family homebuilder that built hundreds of single family homes as well as developed hundreds of single family lots. Mr. Wright also helped establish a real estate opportunity fund that raised more than sixty million of equity through a private placement offering. The funds were utilized to purchase loan portfolios, invest in commercial assets, buy land and purchase then renovate more than a thousand foreclosed homes. Mr. Wright is proficient with numerous market -rate and affordable housing financing sources such as low income housing tax credits, various state and federal programs, tax-exempt bonds, tax increment financing, private equity and conventional financing. Mr. Wright received his bachelor's degree in finance and real estate from California State Polytechnic University, Pomona. Chris Killian, Senior Vice President of Construction Mr. Killian joined NCRC in 2004. He began his construction carrier in the structural concrete trade in 1996, but quickly realized his passion was construction management. Prior to joining NCRC, Mr. Killian spent five years with Fontana Unified School District, where as a Project Manager he was involved with the construction of four new schools with a total value of 103 million dollars. He was also responsible for the coordination of infrastructure and installation of numerous modular facilities during his time with the school district. During his tenure with NCRC he has been responsible for the construction of over 800 apartment units, valued at approximately 120 million dollars. Mr. Killian's formal education includes a bachelor's degree in business administration from the University of Redlands, and course work in construction and supervision from Riverside Community College. Lesley Edwards, Vice President of Project Development Ms. Edwards holds an MBA degree from the University of California, Irvine and a B.A. degree from the University of California, San Diego. She joined NCRC in 2003 as a financial analyst and transitioned to project management in 2005. Prior to joining NCRC she worked with the Orlando Housing Authority as chief accountant for several years. Ms. Edwards' professional experience also includes banking and working as controller for a non-profit organization. Ms. Edwards is experienced with numerous affordable housing financing sources such as low income housing tax credits, HOME, CDBG, HOPWA, AHP, housing set -aside funds, MHP, tax-exempt bonds and conventional financing. Alexa Washburn, Vice President of Policy and Planning Ms. Washburn has over 15 years of experience in land use planning and community development with a specialization in redevelopment/infill/revitalization plans and Housing Elements/affordable housing strategies. As a private consultant and as a public agency program manager, Alexa has managed, prepared and implemented a variety of urban planning and design projects including general, community, master, revitalization, downtown, and specific plans; corridor studies, housing elements, development entitlements, and sustainability strategies throughout California. Her projects have been recognized with nine awards from the American Planning Association and Southern California Association of Governments including the Artesia Boulevard Corridor Specific Plan, Downtown Downey Specific Plan, Station Square Transit Village Specific Plan, The Shoppes at Chino Hills Specific Plan, and over 25 Housing Elements. Her in-depth understanding of progressive land use, policy and implementation strategies effectively enhance the feasibility, livability, and sustainability of plans and communities. Alexa holds a master's degree in Public Policy and Administration and bachelor's degrees in Geography and Urban Studies. Doretta (Dorrie) Bryan, PHR, Vice President of Human Resources & Operations Ms. Bryan began her career with National Community Renaissance of California in 1995 as the Executive Assistant to our CEO and Executive Director. During her tenure, Ms. Bryan exhibited the passion and drive this company embraces and was quickly promoted to positions of Office Manager and Human Resources Manager respectively. After graduating from the University of California Riverside Human Resources Certificate Program in 2000, Ms. Bryan was promoted to Director of Human Resources and Operations. She is currently responsible for planning, developing, implementing, administering, and budgeting for all areas of employment, compensation, benefits, training, employee relations, legal compliance, affirmative action, and health and safety programs. Ms. Bryan is a past president of the Ontario chapter of the Business & Professional Women's Association. Other professional affiliations include Professionals in Human Resources Association and the Society of Human Resources Management. John F. Seymour, Vice President of Acquisitions and Forward Planning Mr. Seymour has 25 years of development and government experience. He has been with NCRC 15 years. Responsible for acquisitions, forward planning, environmental, predevelopment, financing, entitlements, governmental outreach, he has assisted in the production of nearly 3,000 affordable units including five (5) mixed - use projects at a total development cost of over $500,000,000. He served as President of John Seymour & Associates, Vice -President of Manchester Resorts/Hyatt Regency, Senior Advocate for the Building Industry Association, and Policy Advisor to the Chair of the San Diego Board of Supervisors. He graduated from SDSU with a Bachelor of Science in Public Administration and Economics. Mr. Seymour volunteers on affordable housing committees and involved with professional associations on affordable housing, redevelopment and land -use. Tony Mize, Vice President of Acquisitions Mr. Mize is Vice President -Acquisitions for NCRC. His career in the real estate industry has focused on the development of affordable multifamily and single-family workforce and senior housing. Tony was an integral part of the company's early years, serving as Director of Business Development, Acquisitions & Structured Transactions from 1993-1999. Prior to rejoining NCRC in late 2015, Tony has launched and managed his own firms developing, constructing and operating multiple affordable communities. Tony currently serves as a board member and treasurer of the Fair Housing Council of Riverside County, and has long involvement promoting economic development and job creation. Patricia Whitaker, Vice President of Asset Management Ms. Whitaker is the Vice President of Asset Management for National Community Renaissance. In her role she is responsible for the management of tangible and intangible assets, intellectual property and human capital. As a former CEO, Executive Director and leader in the affordable housing industry, Pat brings a long history and strong foundation in the delivery of excellence and sustainability, ensuring high -quality service -enriched apartment communities that support the needs of individuals, families, and the neighborhood at -large. Pat has received numerous awards for exceptional leadership and strategic vision with a holistic perspective to sustainable change for a broad slate of stakeholder groups. Her prior positions include Executive Director of the City of Santa Ana Community Development Agency, Affordable Housing Coordinator for the City of Anaheim and CEO/COO/Strategic Visionary Leadership of three Southern California Non -Profit Organizations, Innovative Housing, C & C Development and Abode Communities. Ms. Whitaker is a graduate of Cal State University Long Beach and attended Western State University School of Law and Chapman University School of Law. Development Team Ashley Wright, Senior Vice President Mr. Wright has more than 25 year of experience in real estate finance, housing and development. His knowledge includes entitlement, financing, land development and construction of multifamily rental housing, for sale housing and commercial property. His career has included working for a commercial brokerage company that specialized in marketing residential land, an affordable housing developer that has developed thousands of affordable housing units and a single family homebuilder that built hundreds of single family homes as well as developed hundreds of single family lots. Mr. Wright also helped establish a real estate opportunity fund that raised more than sixty million of equity through a private placement offering. The funds were utilized to purchase loan portfolios, invest in commercial assets, buy land and purchase then renovate more than a thousand foreclosed homes. Mr. Wright is proficient with numerous market -rate and affordable housing financing sources such as low income housing tax credits, various state and federal programs, tax-exempt bonds, tax increment financing, private equity and conventional financing. Mr. Wright received his bachelor's degree in finance and real estate from California State Polytechnic University, Pomona. Lesley Edwards, Vice President of Project Development Ms. Edwards holds an MBA degree from the University of California, Irvine and a B.A. degree from the University of California, San Diego. She joined NCRC in 2003 as a financial analyst and transitioned to project management in 2005. Prior to joining NCRC she worked with the Orlando Housing Authority as chief accountant for several years. Ms. Edwards' professional experience also includes banking and working as controller for a non-profit organization. Ms. Edwards is experienced with numerous affordable housing financing sources such as low income housing tax credits, HOME, CDBG, HOPWA, AHP, housing set -aside funds, MHP, tax-exempt bonds and conventional financing. Kevin Chin, Vice President of Project Development Mr. Chin has over 12 years of experience in housing and community development. His development experience includes the oversight and direct project management of approximately 500 special needs, multifamily, and senior housing units. His entitlement and construction experience include acquisition/rehab, mixed -use and new construction projects. Prior to joining NCRC, he was responsible for structuring the financing of over $50 million in affordable housing projects for the Los Angeles County Community Development Commission and helped start-up a housing and community development collaborative for LTSC Community Development. Mr. Chin is experienced with numerous affordable housing financing sources such as low income housing tax credits, HOME, CDBG, AHP, housing set -aside funds, HUD Section 202/811, Section 8 rental subsidies, Infill-Infrastructure Grants, MHSA, tax-exempt bonds and conventional financing. Mr. Chin received his MBA and master's degree in Urban Planning from the University of Southern California and bachelor's degree from the University of California, Berkeley. Alexa Washburn, Vice President of Policy and Planning Ms. Washburn has over 15 years of experience in land use planning and community development with a specialization in redevelopment/infill/revitalization plans and Housing Elements/affordable housing strategies. As a private consultant and as a public agency program manager, Alexa has managed, prepared and implemented a variety of urban planning and design projects including general, community, master, revitalization, downtown, and specific plans; corridor studies, housing elements, development entitlements, and sustainability strategies throughout California. Her projects have been recognized with nine awards from the American Planning Association and Southern California Association of Governments including the Artesia Boulevard Corridor Specific Plan, Downtown Downey Specific Plan, Station Square Transit Village Specific Plan, The Shoppes at Chino Hills Specific Plan, and over 25 Housing Elements. Her in-depth understanding of progressive land use, policy and implementation strategies effectively enhance the feasibility, livability, and sustainability of plans and communities. Alexa holds a master's degree in Public Policy and Administration and bachelor's degrees in Geography and Urban Studies Lorna Contreras, Senior Development Manager Ms. Contreras holds a B.S Degree specializing in Finance/Accounting from the California State University, Pomona. She joined National Community Renaissance of California in 2005 in the Accounting Department as a financial analyst. She transferred to the project management department in 2007. Prior to joining NCRC, her experience includes working in the private sector in accounting and financial analysis for over seven years. Ms. Contreras is well versed in affordable housing financing sources such as low income housing tax credits, HOME, CDBG, AHP, housing set -aside funds, MHP, tax-exempt bonds and conventional financing. Traies Roe, Director of Real Estate, East Coast Ms. Roe has been with National CORE since 2009, providing asset management oversight to the company's portfolio of projects in Texas, Florida and Arkansas. She has managed FHA and Fannie Mae financings, tax credit project completions and disposition of scattered sites. She works closely with development, finance and property management staff and consultants to ensure that projects continue to meet their operational goals. She is also involved in expanding the company's affordable housing activities through partnerships with other developers and non -profits, especially in Florida. Ms. Roe has a diverse background in real estate development including land acquisition and entitlement work for two Fortune 500 corporations in commercial and senior housing/assisted living specialties. She holds a Master of Urban and Regional Planning degree with emphasis in Historic Preservation, and AICP, CCIM and HCCP certifications. Daniel Nackerman, Special Advisor, National CORE President, Housing Assistance Management Enterprise (HAME) Mr. Nackerman has been in leadership positions in housing development and housing program management for over 30 years. He started in architecture, urban planning and project management for the Princeton Group in San Francisco for eight (8) years developing apartments and renovating historic buildings utilizing tax credits. Mr. Nackerman then held senior positions at six (6) progressive housing authorities over the years including Deputy Director, Executive Director or CEO positions in Salt Lake City, UT; San Bernardino County, CA; Richmond, CA; Contra Costa County, CA; Marin County, CA; and in a real estate/capital improvement management position at Oakland, CA. Daniel has financed and successfully completed hundreds of projects large and small including mixed- income/mixed-use multifamily communities, neighborhood revitalizations, historic preservation adoptive re -use projects, homeless and permanent supportive housing communities, and first-time home buyer programs. He is a leader on several local and national Boards and has been recognized in the housing and social work "industries" many times. Mr. Nackerman has testified before Congress on three (3) occasions as an expert in housing. Mr. Nackerman holds a bachelor's degree from Michigan State University and has completed specialized training in several areas of housing management, project management, strategic planning, social enterprise and construction. Sarah Walker, Planning Project Manager Ms. Walker has over nine years of experience in land use planning and community development specializing in Housing Elements/affordable housing strategies and redevelopment/comprehensive community revitalization plans. With experience in both government agency and private consultant roles, Sarah has managed and prepared a variety of urban planning projects including general, community, revitalization, downtown, and specific plans; corridor studies, housing elements, development entitlements, and sustainability strategies throughout California. Her projects have been recognized with awards from the American Planning Association and Southern California Association of Governments including the Artesia Boulevard Corridor Specific Plan, Downtown Downey Specific Plan, Station Square Transit Village Specific Plan. Sarah has also managed or prepared over two dozen Housing Elements for jurisdictions throughout California. At NCRC, Ms. Walker has been heavily involved in the development of a comprehensive neighborhood revitalization effort for Central San Bernardino, including: preparation of a Specific Plan; coordination of a federal Promise Zone application; formation of a collaborative of non-profit organizations to align and leverage resources; and implementation of strategies to promote economic development. Sarah holds a master's degree in Urban and Regional Planning from the University of California, Irvine and bachelor's degrees in history from Macalester College. Zoe Kranemann, Development Manager Ms. Kranemann has eight years of working with public agencies helping them implement economic development and redevelopment projects. She has provided economic feasibility analyses of economic development projects, including commercial, mixed -use, and residential development projects. She has collaborated in numerous revitalization plans, field surveys, and land use analyses. Additionally, she has developed, managed, and implemented affordable housing strategies and programs including first-time homebuyer, and single-family housing rehabilitation programs using HOME, CDBG, and Redevelopment funds. Tracey Williams, Project Coordinator Ms. Williams has been with NCRC since 2014, and brings 15 years experience in educational, collegiate, nonprofit and private construction sector. At NCRC, she is responsible for predevelopment budget analytics, payment processing in coordination with the accounting department, adherence to HOME fund compliance, including the compilation of Community Housing Development Organization (CHDO) applications. She works with various members of the organization to ensure timelines and application processes are adhered to with regards to Permanent Supportive Housing NOFA's, as well as assisting the Senior Development Team in daily administrative tasks. Ms. Williams holds a Bachelor of Science in Curriculum and Instruction as well as a MS in Curriculum and Instruction with an English concentration. Construction Project Management Chris Killian, Senior Vice President of Construction Mr. Killian joined NCRC in 2004. He began his construction carrier in the structural concrete trade in 1996, but quickly realized his passion was construction management. Prior to joining NCRC, Mr. Killian spent five years with Fontana Unified School District, where as a Project Manager he was involved with the construction of four new schools with a total value of 103 million dollars. He was also responsible for the coordination of infrastructure and installation of numerous modular facilities during his time with the school district. During his tenure with NCRC he has been responsible for the construction of over 800 apartment units, valued at approximately 120 million dollars. Mr. Killian's formal education includes a bachelor's degree in business administration from the University of Redlands, and course work in construction and supervision from Riverside Community College. John Taylor, Vice President of Construction Mr. Taylor joined NCRC in 1998. He brought with him a broad construction background that he developed during over Fifteen years in the construction industry. His previous experience includes Commercial and Residential supervision, as well as estimating, and inspections. He has overseen the construction of over fifteen projects in his tenure with NCRC, first as a superintendent and for the past five years, as a construction manager. His list of projects includes multi -story new construction, extensive rehabilitation, and moderate rehabilitation. His academic background includes courses in Architecture and Construction Management. John is the California State General Contractors License holder for NCRC. Carol Godlewski, Vice President of Construction Ms. Godlewski, Vice President of Construction, has over 20 years of construction related experience. She began her construction career in college with a General Contractor building custom homes in Southern California. After graduation she obtained experience in multi -family and senior housing developments while with the Community Development Commission of the County of Los Angeles, in the Engineering Services Division as an Architect/Engineering Specialist from pre -design through construction completion of major renovations and seismic retrofitting to existing housing developments. While at Willdan, she provided consulting services to various Cities administering CDBG and HOME funds, as well as Project Management of Capital Improvement Projects at the City of Lakewood. She has been with NCRC since 2007 as a construction manager in Arkansas, California and Texas. She earned a B.S. in Electrical Engineering Technology from California State Polytechnic University. Tim Kohut, Director of Sustainable Design Mr. Kohut, AIA, Director of Sustainable Design, works with project teams focusing on high performance sustainability and zero net energy. He has spent more than 20 years designing, building, and consulting on affordable housing projects throughout Southern California, and he has been involved in the design and construction of more than 1500 units of high performance multi -family housing. He was coordinating architect for the first affordable housing project in Southern California to install a photovoltaic system (Hart Village, 2003) Principal Architect for the first multi -family housing project to achieve LEED for Homes Platinum level certification in Southern California (Casa Dominguez, 2009), the first commercial scale project to include a gray water irrigation system in Los Angeles County (Casa Dominguez, 2009), and the first project in Southern California to install a gray water system for indoor water reuse (Cedar Springs, 2016). His research has focused on thermal comfort in multi -family housing, and he has designed projects that use passive ventilation and night flushing instead of refrigerated air conditioning. He was the primary sustainability consultant for two affordable, multiple multi -family housing projects pursuing Living Building Challenge certification (Cedar Springs, 2016 and Silver Star Apartments, 2017), which are Zero -Net (or Near Zero) Energy, Zero Net Carbon buildings. Additionally, Tim is a Certified Access Specialist (CASp), and helped craft the Los Angeles Community Development Commission's Universal Design Standards (used in all affordable housing projects), and the California Tax Credit Allocation Committee's "Enhanced Accessibility Standards". He has presented locally and nationally on issues of energy efficiency and accessibility. Tim teaches classes in sustainable architecture at Woodbury and USC. Patrick Meredith, Construction Manager Mr. Meredith became a part of the NCRC team in 2007. Mr. Meredith has more than 18 years of experience in the construction industry. Before coming to NCRC almost 10 years ago he was a Construction Superintendent at DR Horton. Patrick's academic background holds a Bachelor of Science degree in Business Administration from the University of Redlands and he is a California State Licensed General Contractor. Mr. Meredith's most recent accomplishment was a 50-unit, Type III Mid -rise building in Downey, CA. He possesses a broad range of trade experience and is currently overseeing more than $60 million dollars' worth of hard cost construction on 4 different projects Lorena Barajas, Jr. Project Engineer Ms. Barajas has been with NCRC since 2005. She comes to us with ten years of construction/facilities experience. At NCRC, Mrs. Gomez is responsible for issuance and maintenance of the construction contract documents, subcontractor insurance requirements, subcontractor licensing verification, and payment p r o c e s s i n g coordination with the accounting department and our prevailing wage consultant. She provides team support and a working knowledge of construction terms, contracts, change orders, and the overall construction environment. Property Management Dan Lorraine, Senior. Vice President of Property Management Mr. Lorraine joined National Community Renaissance of California in 2014 as senior vice president of property management. Previously, Dan was senior vice president of property management at the Community Builders in Boston, overseeing a division responsible for managing nearly 9,000 units across fourteen states and the District of Columbia. At Community Builders, he led a cutting edge division that thrived in difficult markets and managed complex properties. He joined the company in 2008 after six years as regional manager for Trans World Entertainment Corp. in Albany, N.Y. He also spent 18 years in management positions for Woonsocket, R.I.-based CVS Pharmacy. John Sharkey, Regional Manager Mr. Sharkey has over 30 years of experience in the non-profit sector starting as a Peace Corps Volunteer in Ghana, West Africa. Later, after graduate school, Mr. Sharkey joined CARE and spent three years with CARE in Bangladesh and two and a half years with CARE in Somalia working on infrastructure and human development. Returning to the United States, Mr. Sharkey has been involved in the affordable housing industry and now brings a unique perspective to NCRC. Arlene Ortiz, Regional Manager Ms. Ortiz began her career at NCRC in 2002 as a Leasing Associate before being promoted to various supervisory and managerial positions including Assistant Community Manager, Community Manager, and Senior Community Manager before becoming a Regional Manager in 2014. Ms. Ortiz holds California Certified Residential Manager (CCRM), Site Compliance Specialist (SCS), Certified Occupancy Specialist (COS) and Tax Credit Certification (TCC) and has wide experience in tax- credit, HUD and bond communities as well as resident retention and community relations. Monique Felix, Regional Manager Ms. Felix is a Regional Manager for National Community Renaissance of California, overseeing properties in San Diego's North County, Victorville and Rancho Cucamonga. She came to NCRC in 2009 as a Community Manager and was promoted to her current position after only a year and a half. Ms. Felix, who has more than 18 years of property management experience, holds a business and CCRM certificate and has won Employee of the Year and Manager of the Year awards. Javany Martinez, Regional Manager Mr. Martinez began his career in property management in 1991, as an on -site assistant manager. He was then promoted to manager, assigned to properties in West Covina and Long Beach, before heading the company self -storage division. As Regional Manager, he has directed a portfolio of nearly 2000 units, stretching from Fresno, to Orange, Riverside, San Bernardino, and Los Angeles Counties. He is the current Region Manager in South San Diego, for NCRC. Accomplishments include top company portfolio (three times), top portfolio revenue improvement, property of the year (twice), and Region Manager of the year. Javany is also a certified Tax Credit Specialist. Nicole Kohli, Regional Manager Ms. Kohl is a Regional Manager for National Community Renaissance of California, overseeing properties in San Diego's North County, Victorville and Rancho Cucamonga. She came to NCRC in 2009 as a Community Manager and was promoted to her current position after only a year and a half. Ms. Felix, who has more than 18 years of property management experience, holds a business and CCRM certificate and has won Employee of the Year and Manager of the Year awards. Mildred Makamure, Property Management Business Analys* Ms. Bvundura started her career in the affordable housing arena in 2002 with ABHOW as an Occupancy Specialist, later promoted to Property Manager, and then Regional Property Supervisor for their Southern California Portfolio. Ms. Bvundura joined NCRC as a Regional Manager in 2012 bringing with her over 10 years of experience in the property management field. In her journey she has become knowledgeable with the Tax Credit, Project Based Section 8 and Public Housing Authority (PHA) Programs. She has received the following designations: Affordable Housing Management Designation in Project Based Section 8, (COS) - Certified Occupancy Specialist, (CPO) — Certified Professional of Occupancy, (TCS) - Tax Credit Specialist, (FHC) — Fair Housing Certification, and (NAHP) — National Affordable Housing Professional. Ms. Bvundura also graduated from California State University, San Bernardino with a Bachelor of Arts in Business Administration: Finance and Master of Science in Health Services Administration. Hope through Housing Foundation Gregory Bradford, President of Hope through Housing Foundation Mr. Bradbard, President of the Hope through Housing Foundation and NCRC's Senior Vice President of Strategic Partnerships has more than 20 years of experience as a community leader and fundraiser throughout Southern California. Prior to joining Hope through Housing and NCRC, Greg served as President and Chief Executive Officer of the Inland Empire United Way (IEUW). Under his leadership, IEUW increased its community impact by launching several new programs to improve youth and family self-sufficiency. Greg holds a B.A. in Psychology and Social Behavior from UC Irvine, and past roles have included serving as the Executive Director for Court Appointed Special Advocates (CASA) of Orange County, Executive Director for the Irvine Public Schools Foundation, and Director of Development for Families Forward. Brian Woods, Senior Director of Strategic Partnerships Mr. Woods joined the leadership team of NCRC and the Hope through Housing Foundation in June of 2016. He has a master's degree in Business Administration from the University of Phoenix. His leadership experience spans several industries. Prior to joining the Hope team, Brian spent 17 years in higher education in various leadership positions, with a focus on strategic planning, business development, employee development and company culture, and organizational efficiency. He developed innovative methods of delivering services designed to promote student success within multiple institutions. In his current role as Senior Director of Strategic Partnerships, Brian is responsible for the development of strategic partnerships with organizations and individuals who provide social services to our residents. He is also responsible for leadership and staff development, as well as developing methods of analyzing and reporting on the outcomes of services designed to improve the lives of our residents. Awards List 2019 Awards National CORE LEED Homes Awards: 2018 LEED Homes Power Builder U.S. Green Building Council Gateway Cities Climate Action Plan Framework 2019 Planning Awards: Innovation in Green Community Planning American Planning Association, California Chapter, Los Angeles Oakcrest Terrace & Oakcrest Heights Award of Merit Winner and Award of Excellence Nominee NAHRO AgencyAwards of Excellence Olive Meadow Award of Merit Winner and Award of Excellence Nominee NAHRO AgencyAwards of Excellence Oakcrest Heights Small Development of the Year Award Kennedy Commission's Affordable Housing Awards Award of Excellence — Opportunity and Empowerment American Planning Association Orange Section Award of Merit Winner— Best Affordable Housing PCBC Gold Nugget Mission Cove Award of Merit Winner— Best Affordable Housing PCBC Gold Nugget SDGE Efficiency & Sustainability: New Construction San Diego Housing Federation Ruby Awards Project of the Year: New Construction San Diego Housing Federation Ruby Awards Diana Aguiar Outstanding Service to Residents San Diego Housing Federation Ruby Awards 2018 Awards Valencia Vista Metro Housing Winner Affordable Housing Tax Credit Coalition 2017 Awards Marls Place 2017 Congressional Recognition of Excellence Award Los Angeles County Community Development Commission Valencia Vista National Award of Excellence Los Angeles County Community NAHRO AgencyAwards of Excellence Award of Merit Winner Gold NuggetAwards Westlake Village Healthy Places Awards Finalist ULI San Diego — Tijuana Waterman+Baseline Neighborhood Specific Plan Economic Planning and Development Award American Planning Association — Inland Empire Section (APA-IES) SCAG Sustainability Award — Against All Odds Southern California Association of Governments (SCAG) 2016 Awards Marv's Place Supportive Housing Project of the Year Southern California Association on NonProfit Housing (SCANPH) 2015 Awards Dumosa Senior Village Best 50+ Independent Living Community National Association of Home Builders (NAHB) 2014 Awards Alta Vista Award of Merit in Housing and Community Development National Association of Housing and Redevelopment Officials (NAHRO) 2014 Awards (cont) Westlake Village Housing Community of the Year Finalist San Diego Housing Federation Hope through Housing Foundation and the Interprofessional Geriatric Curriculum Extraordinary Engagement Award University of Southern California (USC) 2013 Awards Alta Vista Best Workforce Housing National Association of Home Builders (NAHB) Apartment Association of the Greater Inland Empire (AAGIE) APEX Awards • Sean Tippett, Maintenance Supervisor of the Year, 151-350 units, Sycamore Springs • Stephanie Martinez, Assistant Manager of the Year, 1-150 units, Mission Village Senior • Megan Brosz, Community Manager of the Year,1-75 units, Heritage Pointe • AnnaMaria Gonzalez, Community Manager of the Year, 76-150 units, Renaissance Village • Villaggio on Route 66, Community of the Year, 151-350 units • Mountainside Apartments, Community of the Year, 351+ units • San Marino, Senior Community of the Year San Diego Housing Federation RubyAwards • Sara Matheson, Outstanding Service to Residents, Vista Terraza 2012 Awards The Plaza at Sierra Best New Development: Seniors Housing Multi -Housing News Excellence Awards Encanto Court Best Creative Financing of an Affordable Apartment National Association of Home Builders (NAHB) 2012 Awards (cont) Vista Dunes Best of the Best for Achievement in Community Development Urban Land Institute — Orange County/Inland Empire (ULI) Apartment Association of the Greater Inland Empire (AAGIE) APEXAwards • Sevaro Mendoza, Maintenance Supervisor of the Year, Promenade Apartments • Heritage Pointe, Community of the Year, 1-75 units • San Antonio Vista, Community of the Year, 46-150 units -Vista Dunes Courtyard Homes, Affordable Housing Community of the Year • Vista Del Cielo, Lease Up Community of the Year • Mountain View Villas, Senior Community of the Year 2011 Awards Villaggio on Route 66 National Finalist for Outstanding Resident Programs National Association of Home Builders (NAHB) Award of Merit in Housing and Community Development National Association of Housing and Redevelopment Officials (NAHRO) Vista Dunes National Pillar of the Industry Award for Best Green Building Concepts National Association of Home Builders (NAHB) Juniper Senior Village Housing Project of the Year San Diego Housing Federation Cobblestone Village Luisa Rodriguez, Community Manager Outstanding Service to Residents Award San Diego Housing Federation 2011 Awards (cont) Cobblestone Village Apartment Association of the Greater Inland Empire (AAGIE) APEX Awards • Juliana Schweiger, Community Manager of the Year (East Rancho Verde Village) • Alberto Castro, Maintenance Person of the Year (Fountains at Sierra) • Frank Taiese, Maintenance Person of the Year (Mountainside) • Sharon Roll, Support Person of the Year • Indian Wells Villas, Affordable Housing Community of the Year • East Rancho Verde Village, Community of the Year • Mission Village, Lease up Community of the Year 2010 Awards The Plaza at Sierra 50+ Housing Council Project of the Year Building Industry Association of Southern California (BIA/SC) San Marino Senior Apartments Senior Housing Project of the Year Honorable Mention Southern California Association of Non Profit Housing (SCANPH) Vista Dunes Courtyard Homes Award for Municipal Excellence Finalist National League of Cities Citrus Grove of Rialto Award of Excellence in Residential Rehabilitation Development California Redevelopment Association (CRA) Villaggio on Route 66 Best Affordable Housing Community Finalist National Association of Home Builders (NAHB) 2010 Awards (cont) San Marino Senior Apartments Best Creative Financing of an Affordable Housing Community National Association of Home Builders (NAHB) Award of Merit in Housing and Community Development National Association of Housing and Redevelopment Officials (NAHRO) 2009 Awards Citrus Grove of Rialto Award of Merit Award of Excellence National Association of Housing and Redevelopment Officials (NAHRO) Best Conversion/Repositioning of a Multifamily Asset National Association of Home Builders (NAHB) Vista Dunes Courtyard Homes Award of Excellence for Affordable Housing Build Responsibly Home Depot Foundation Helen Putnam Award of Excellence Housing Programs and Innovations California League of Cities Award of Excellence for Sustainable Development California Redevelopment Association (CRA) Builder's Choice Grand Award Winner Affordable Housing Project Green/Sustainable Community Villaggio on Route 66 Gold Nugget (PCBC) Award of Merit 1.Outstanding Affordable Project 2. Sustainable Residential Neighborhood 3. Residential Community of the Year Vista Terraza Best Affordable Apartment Community Finalist National Association of Home Builders (NAHB) 2009 Awards (cont) National Community Renaissance Ranked #1 Nonprofit Developer in Nation Affordable Housing Finance Ranked #3 Developer in Nation Affordable Housing Finance Ranked #15 Owner in Nation Affordable Housing Finance La Mision Village Housing Project of the Year, 50 units or more San Diego Housing Federation Apartment Association of the Greater Inland Empire (AAGIE) APEX Awards • Kim Ross, Assistant Manager of the Year, 151-350 units (Rancho Verde Village) • Promenade, Best Affordable Housing Community of the Year • San Antonio Vista, Community of the Year, 1-75 units • Sycamore Springs, Community of the Year, 151-350 units 2008 Awards Park View Terrace Finalist for Best Affordable Community National Association of Home Builders (NAHB) Mission Pointe Award of Merit National Association of Housing and Redevelopment Officials (NAHRO) Park View Terrace Excellence in Implementation and Special Award of Merit for Social Change and Diversity American Planning Association Prosperity Achievement Award Southern California Association of Governments (SCAG) Little Lake Village Community of Quality National Affordable Housing Management Association (NAHMA) 2008 Awards (cont) Fountains at Sierra Community of Quality National Affordable Housing Management Association (NAHMA) Impressions at Valley Center Community of Quality National Affordable Housing Management Association (NAHMA) Apartment Association of the Greater Inland Empire APEX Awards • Edgar Rodriguez, Maintenance Supervisor of the Year • Rebecca Lopez, Assistant Manager of the Year 76-150 units • Nicole Murphy, Assistant Manager of the Year 151-350 units • Jovonne Steptner, Community Manager of the Year 76-150 units • Heritage Pointe, Community of the Year 0-75 units 2007 Awards National Community Renaissance 4th Largest Non -Profit Developer Affordable Housing Finance Magazine Top 50 Developers Survey 6th Largest Non -Profit Owner Affordable Housing Finance Magazine Top 50 Owners Survey Talmadge Senior Village Affordable Housing Project of the Year Developer and Builder's Alliance Apartment Association of the Greater Inland Empire (AAGIE) APEX Awards • Severo Mendoza, Maintenance Person of the Year for a Community with 1-150 units (Mission Pointe) • Manny Hernandez, Maintenance Supervisor of the Year for a Community with 150-350 units (Monterey Village) • Chris Brown, Assistant Manager of the Year for a Community with 1-150 units (Northgate Village) • Reshawn Cunningham, Community Manager of the Year for a Community with 76-150 units (Mountain View Villas) • Monterey Village, Community of the Year for a Community with 151-350 units 2006 Awards Apartment Association of the Greater Inland Empire (AAGIE) APEX Awards • Gilbert Del Gado, Maintenance Person for a Community with 151-350 units • Kenny Stepner, Maintenance Person for a Community with 350+ units • Emily Villegas, Grounds Person of the Year • Jessie Esquieval, Leasing Consultant of the Year for a Community with 350+ units • Michelle Sosa, Assistant Manager of the Year for a Community with 151-350 units • Danielle Briggs, Community Manager of the Year for a Community with 0-76 units •Angel Rogers, Support Person of the Year • Fountains at Sierra, Community of the Year for a Community with 151-350 units • Mountainside, Community of the Year for a Community with 350+ units 2005 Awards Paseo del Oro Innovation in Workforce Housing Award of Distinction National Association of Home Builders (NAHB) Shadow Hill Pillars of the Industry Finalist Best Rehabilitation of an Asset National Association of Home Builders (NAHB) 2004 Awards Southern California Housing Development Corporation Pillars of the Industry Winner Best Multifamily Development Firm of the Year National Association of Home Builders (NAHB) SoCal Housing 2003 Annual Report Nonprofit Annual Report Category Gold Finalist MarCom Creative Awards 2004 Awards (cont) Hermosa Village Pillars of the Industry finalist Best Rehabilitation of an Asset National Association of Home Builders (NAHB) Little Lake Village Gateway Cities Partnership, Inc. Conference City Award Quality Affordable Housing Heritage Pointe Design Excellence City of Rancho Cucamonga Planning Commission Shadow Hill Apartments Heartland Human Relations & Fair Housing Association Housing Award National City Family Resource Center Resident Program of the Year San Diego Housing Federation Apartment Association of the Greater Inland Empire (AAGIE) • Robert Reynoso, Maintenance Person of the Year for a community with 151-350 units (Sycamore Springs) • Nicole Murphy, Leasing Consultant of the Year fora community with 151-350 units (Rancho Verde Village) • Arlene Ortiz, Assistant Manager of the Year for a community with 351 or more units (Mountainside) • Gloria Velto, Community Manager of the Year for a community with 1-75 units (Corona de Oro) • Mondi Dorrough, Community Manager of the Year for a community with 351 or more units (Mountainside) • Kareem Salama, Regional Manager of the Year • Linda Gomez, Support Person of the Year • Heritage Pointe, Community of the Year for a community with 1-75 units • Mountainside, Community of the Year for a community with 351 or more units • Cathedral Palms, Most Improved Community of the Year • Village at Sierra, Lease -Up Community of the Year 2003 Awards Paseo del Oro HUD Secretary Opportunity & Empowerment Award American Planning Association Pillars of the Industry Finalist Best Mixed Use National Association of Home Builders (NAHB) New Construction Project of the Year San Diego Housing Federation Southern California Housing Development Corporation Pillars of the Industry Finalist Best Multifamily Development Firm of the Year National Association of Home Builders (NAHB) 2002 Awards (cont) Corona de Oro "Outstanding Planning" American Planning Association Paseo del Sol Award of Excellence "Community Revitalization" California Redevelopment Association (CRA) Paseo del Sol Best Rehabilitation of an Asset National Association of Home Builders (NAHB) Outstanding Turnaround of a Troubled Property Affordable Housing Management Association Villa Serena Community Service Award Exemplary Family Property Multifamily Executive Magazine Affordable Housing Management Association The Village at Sierra Best Seniors Project —Active Adult Gold NuggetAward of Merit Outstanding Planning Award Inland Empire American Planning Association Cobblestone Village Rehabilitation Project of the Year San Diego Housing Federation Hermosa Village Wilfredo Motta Community Manager of the Year South Coast Apartment Association Apartment Association of the Greater Inland Empire APEX Award • Sean Tippet, Maintenance Supervisor of the Year (151-350 units) • Corona de Oro, Most Improved Community of the Year • Ramon Simmons, Maintenance Supervisor of the Year (1-150 units) 2002 Awards Hermosa Village Best in the West Best Redevelopment/Rehabilitation/Infill Site Plan] Gold Nugget Apartment Association of the Greater Inland Empire (AAGIE) APEX Awards • Promenade, Most Improved Community of the Year • The Crossings, Community of the Year • Susie Powers, Regional Manager of the Year • Kathy Sandoval, Community Manager of the Year, Promenade • Jay Martin, Maintenance Supervisor of the Year, Mountainside 2001 Awards Villa Serena Best Rehab National Association of Home Builders (NAHB) & Multi Housing News Apartment Association, California Southern Cities Chapter Supervisor of the Year, 10 Buildings or More • Donna Gutzke, Regional Property Manager 2000 Awards Corona del Rey Best Rehab National Association of Home Builders (NAHB) & Multi Housing News Best Turnaround of a Troubled Property Affordable Housing Management Association (AHMA) 1999 Awards Arbor Villas Most Improved Community of the Year Apartment Association of Orange County Cathedral Palms Most Creative Financing of a Multifamily Development National Association of Home Builders (NAHB) & Multi Housing News Renaissance Village Outstanding Turnaround of a Troubled Property National Affordable Housing Management Association (NAHMA) Apartment Association of the Greater Inland Empire (AAGIE) APEXAwards • Lisette Castaneda, Assistant Manager of the Year,150 units or less • Corona del Rey, Apartment Community of the Year,151 units and up National Property Manager of the Year • Teri Hoerntlein National Association of Home Builders (NAHB) & Multi Housing News 1998 Awards Renaissance Village Award of Excellence for Residential Development California Redevelopment Association (CRA) 1997 Awards Renaissance Village Best Multifamily Rehabilitation National Association of Home Builders (NAHB) & Multi Housing News 1996 Awards Renaissance Village The Chianti Award American Institute of Architects Best Use of Home Funds National Association for County Community Economic Development (NACCED) PROPERTY TOTAL BEDROOM NAME UNITS UNIT BREAKDOWN TYPE ROLE ONSITE AMENITIES FINANCING SOURCES & LOCATION BREAKDOWN C Owner Community Center City of Rancho Cucamonga Land Loan \s i DAY CREEK Developer Warming Lobby City of Rancho Cucamonga Dev Loan y VILLAS 131 1-Bedroom 30%, 45%, 50%, New Construction General Contractor Fitness Room o 0 9 /0+4 /o Hybrid LIHTC RCucamonga,CA Start in 2019 140 9 2-Bedroom ° 60%AMI Senior 100% Affordable Property Manager Computer Room Pool HACSBPBV(8) IEHP Loan Completion in 2020 Supportive Services Outdoor Fireplaces Conventional Mortgage "+ Provider Bike Storage FHLB AHP Community Center AHSC HRI Grant ARROWHEAD Owner Computer Center AHSC AHD Loan GROVE PH III 28 1-Bedroom New Construction Developer Laundry Facilities Tax -Exempt Mortgage San Bernardino CA 184 102 2-Bedroom 30%, 45 50%, Family General Contractor Pool City of San Bernardino Loan Start in 2019 46 3-Bedroom 60 /o AMI Mixed Income Property Manager Tot Lots County of San Bernardino Loan Completion in 2021 10 - 4-Bedroom Supportive Services Community Garden HACSB Capital + RAD PBV Provider Private Bike Storage 0 4 /o LIHTC Owner Community Center Affordable Housing and Sustainable [ VISTA VERDE 69 2-Bedroom New Construction Developer Computer Center Communities Loan I Ontario, CA 101 32 3-Bedroom 30%45%50%, Family General Contractor Laundry Facilities City of Ontario Land Loan Start in 2019 60%, AMI, Property Manager Pool City of Ontario Loan Is 11 Completion in 2021 ° 100% Affordable Supportive Services Community Garden 4% LIHTC Provider Private Bike Storage Tax -Exempt Mortgage SAN YSIDRO Owner SENIOR VILLAGE New Construction Developer Community Center San Diego Housing Commission W. San Ysidro Senior City of San Diego � Blvd. 51 50 Studio 30%,40%,50% Permanent General Contractor Computer Center ° 9 /o LIHTC San Ysidro, CA 1 2-Bedroom AMI Supportive Housing Property Manager Laundry Facilities FHLB-SF AHP Funds Start in 2018 ° 100% Affordable Supportive Services Outdoor Gathering Spaces Permanent Loan Completion in 2020 Provider Large Resident Community Center City of Glendale VISTA GRANDE Owner Community Garden Capital One, NA COURT 60 1-Bedroom New Construction Developer Outdoor Fireplace Century Housing 1116 Sonora Avenue 66 6 2-Bedroom 30%, 45%, 50%, Senior General Contractor BBQ Area 9% LIHTC Y Glendale, CA Property Manager P y g Start in 60% AMI 100% Affordable Supportive Services Computer Room Raymond James Tax Credit Funds Lion Completion in 2020 Provider Elevator FHLB of San Francisco AHP Funds (City Laundry Facilities National Bank) New Construction Station/Bus Stop r, ENCANTO Mixed -Use Owner Bicycle Storage Areas U.S. Department of Housing and Urban VILLAGE 30 1-Bedroom Developer Development 0 6315 Imperial Ave 18 2-Bedroom Transit -Oriented General Contractor Community Center San Diego Housing Commission I -a --_ r r■ r San Diego, CA 166 8 3-Bedroom o 0 o 30 /o, 45 /o, 50 /o, o Family Property Manager Community Gardens EV Charging Stations Civic San Diego � Start in 2018 60% AMI Seniors Homeless Supportive Services Bank of America i Completion in 2020 Veterans Provider Onsite Laundry Facilities ° 9 /o LIHTC _ 100% Affordable Outdoor Play Area PROPERTY TOTAL BEDROOM NAME UNITS UNIT BREAKDOWN TYPE ROLE ONSITE AMENITIES FINANCING SOURCES & LOCATION BREAKDOWN CA HCD VHHP Loan VISTA DEL New Construction Community Center San Diego Housing Commission Loan + _ PUENTE 6 1-Bedroom Family Owner BBQ Area PBV (38) it 0 1436 South 40th St 30 2-Bedroom Special Needs Developer Laundry Facility City of San Diego San Diego, CA 52 16 3-Bedroom o 0 o 30 /%, 40 /%, 50 /%, Veterans General Contractor Onsite Social Services Conventional Mortgage Start in 2017 60 /o AMI Formerly Homeless Property Manager Outdoor Play Area 9% LIHTC Equity Completion in 2018 100% Affordable FHLB AHP Home Depot Foundation Grant Funders Together End Homelessness OAKCREST HEIGHTS 22733 Oakcrest 9 1-Bedroom New Construction Owner Developer Onsite Preschool Community Center Citibank Permanent Loan Raymond James LIHTC Equity - 9% City of Yorba Linda Circle Yorba Linda, 54 27 2-Bedroom 30%, 45%, 50%, Family General Contractor Onsite Laundry Facilities FHLB AHP 18 3-Bedroom Property Manager ' CA Start in June 2017 60% AMI 100% Affordable Supportive Services Private Patios/Balconies Outdoor Gathering Spaces CHFA - MHSA Orange County Housing Authority Completed in 2018 Provider County of Orange Community Center/Preschool 1 „ MISSION COVE II New Construction Owner Developer Computer Lab City of Oceanside ✓r - � 3247 Anchor Way In -unit Washers &Dryers _ Oceanside, CA 60 32 2-Bedroom 28 3-Bedroom 30%, 45%, 50%, Mixed - Use General Contractor Residential Private Outdoor Bank of America Permanent Loan Start in March 2017 60% AMI Special Needs Property Manager Patio.Balcony Hudson Housing Capital LIHTC Equity Completed in 2018 100 /o Affordable Supportive Services Fitness Center FI1LB AHP — Provider Office/Retail Space THREE OAKS Santa Clarita, CA 21 2-Bedroom New Construction Owner Developer Community Center/Office Area Computer Lab./After-School Program LIHTC - 9% City RDA/Bond & CDBG Funds Start in March 2016 30 9 3-Bedroom 30/oo 0 o, 50/o , 400 60 /o AMI milt' 100 /o Affordable General ContractRDA/BondChildren's Supportive Services Play Area Wells Fargo Const & Perm Loan Completed in 2017 Provider +" Community Center/Office Area LIHTC - 9% '�► Owner Computer Lab./After-School HUD Rental Assistance Demonstration OLIVE MEADOW 12 1-Bedroom Developer Program City HOME Funds San Bernardino, CA 30 2-Bedroom New Construction General Contractor In -unit Washers &Dryers Housing Authority of County of San Start in March 2016 62 20 3-Bedroom 30%,45%,50%, Family Property Manager Children's Play Area Bernardino, PBVs &Loan Completed in 2017 ° 60 /o AMI ° 100% Affordable Supportive Services Fitness Center Ground Lease Provider Elevators in 3-story Building FHLB AHP Wells Fargo HUD/FHA 221(d)(4) Loan OAKCREST Owner Community Center/After-School LIHTC - 9% TERRACE 15 1-Bedroom New Construction Developer Program Facilities FHLB AHP I T � 22744 Eastpark Dr. 69 33 2-Bedroom 30%, 45%, 50%, Family General Contractor Centralized LaundryFacilities City of Yorba Linda RDA Loan ,tom u Yorba Linda, CA 21 3-Bedroom ° 60 /o AMI ° 100 /o Affordable Property Manager Tot -Lot Citibank Const &Perm Loans Completed in 2017 Supportive Services Computer Lab Citibank Subordinate Loan Provider Elevators in 3-story Building PROPERTY TOTAL BEDROOM NAME UNITS UNIT BREAKDOWN TYPE ROLE ONSITE AMENITIES FINANCING SOURCES & LOCATION BREAKDOWN Community Center/Preschool L(Wells Fargo as Investor) Owner Computer Lab MISSION COVE I 26 1-Bedroom New Construction Co -Developer In -unit Washers &Dryers City HOME Funds & Ground Lease ' 3247 Anchor Way 32 2-Bedroom Mixed - Use General Contractor Residential Private Outdoor UrbanLLFT Grant lQ ■ Oceanside, CA 90 32 3-Bedroom ° ° ° 30 /q 45 /q 50 , Special Needs Property Manager Patio.Balcony Citibank Const & Perm Loans in 2017 ° 60 /o AMI ° 100 /o Affordable Supportive Services Fitness Center Citibank Subordinate Loan 4.Completed - provider Office Retail Space MHSA FHLLB AHP Veterans VHHP Community Center/Office Area 10 1-Bedroom Owner Computer Lab LIHTC - 9% (Wells Fargo as Investor) VALENCIA VISTA 40 2-Bedroom New Construction Developer In -unit Washers & Dryers HUD Rental Assistance Demonstration �iL San Bernardino, CA 76 22 3-Bedroom ° ° ° 30%, 45 /o, 50%, Family General Contractor Property Management & City HOME Funds �T Start in 2015 4 4-Bedroom Property Manager Maintenance Housing Authority of County of San - _.; Completed in 2016 60% AMI 100% Affordable Supportive Services Swimming Pool Bernardino, PBVs & Loan Y :s Provider Fitness Center PNC HUD/FHA 221(d)(4) Loan Elevators in 3-story Building Owner Community Center/Office Area r MARV'S PLACE New Construction Computer lab LIHTC - 9% $ j r Pasadena, CA 10 1-Bedroom Special Needs Developer Central Laundry Facilities City of Pasadena Housing Funds & PBVs r q � � Start in 2015 20 10 2-Bedroom 30% AMI Homeless 100% General Contractor Property Management & County of Los Angeles Industry &First 5 f - Completed in 2016 Affordable Property Manager Maintenance Funds LAS PALMAS Owner Community Center/Office Area LIHTC - 4% �+ VILLAGE Developer Computer lab City of San Clemente Inclusionary Funds 107-115 Ave. Serra 19 1-Bedroom New Construction General Contractor Central Laundry Facilities HCD IIG San Clemente, CA 19 30%, 50%, 60% Family/Workforce Property Manager Property Management & Tax-exempt Bonds (Citibank) Citibank r ' 92673 AMI ° 100% Affordable Supportive Services Maintenance Subordinate Loan Completed in 2015 Provider Community Center/Office Area Owner Tot -Lot LIHTC - 9% THE VIEW Developer Computer Lab City of Downey HOME/Set-Asides 7 8314 2nd Street 35 2-Bedroom New Construction General Contractor Central Laundry Facilities Los Angeles County Industry Funds Downey, CA 90241 50 15 3-Bedroom o 0 o 30%, 45 /o, 50% Family Property Manager Outdoor Community Areas Permanent Bank Loan with JP Morgan Completed in 2014 AMI o 100% Affordable Supportive Services Property Management & Chase Provider Maintenance Office Area SAN EMI Outdoor Community Areas 4115 Kingsley St. New Construction Owner Share Community Facilities with LIHTC - 9% - Montclair, CA 18 18 1-Bedroom 30%, 45%, 50% Special Needs Developer P Adjacent National CORE Projects HUD 811 91763 AMI 100% Affordable Property Manager property Management & City of Montclair Completed in 2014 Maintenance AHP PROPERTY TOTAL BEDROOM NAME UNITS UNIT BREAKDOWN TYPE ROLE ONSITE AMENITIES FINANCING SOURCES & LOCATION BREAKDOWN UUMOSA SENIOR VILLAGE New Construction Owner Developer Community Center/Office Area Computer Lab Central Laundry Facilities o LIHTC - 9/0 Town of Yucca Valley Funds 57110 29 Palms Hwy 75 74 1-Bedroom ° ° ° 30%, 40%, 50%, Senior General Contractor Outdoor Community Areas County of San Bernardino HOME Yucca Valley, CA 1 2-Bedroom Property Manager USDA Section 538 Permanent Loan 55% AMI 100% Affordable Property Management & 92884 Supportive Services AHP - Completed in 2014 Provider Maintenance WESTLAKE Owner Centralized Laundry Facilities VILLAGE II Developer Tot -Lot 405 & 419 Autumn 21 1-Bedroom New Construction General Contractor Outdoor Community Areas LIHTC - 9% Drive 57 18 2-Bedroom 30%, 45%, 50%, Family Property Manager Share Community Center with City of San Marcos RDA Loan San Marcos, CA 18 3-Bedroom 55% AMI 100% Affordable Supportive Services Westlake Village I Permanent Loan 92069 Provider Property Management & Completed in 2014 Maintenance Community Center/Office Area Owner Swimming Pool ° LIHTC - 4 /o DESERT Developer Tot -Lot County of Riverside RDA Funds MEADOWS 25%, 35%, 40% New Construction General Contractor Computer Lab P FHLB AHP 44071 Clinton St. 80 AMI Family Property Manager Central Laundry Facilities State of CA HCD MHP Funds - Indio, CA 92201 100% Affordable Supportive Services Outdoor Community Areas Completed in 2013 Provider Property Management & Maintenance RIVER CANYON Owner Community Center/Office Area LIHTC - 9% 34300 Corregidor New Construction Developer General Contractor Centralized Laundry Facilities Swimming Pool City of Cathedral City RDA Loan ►� t= Drive 60 41 2-Bedroom o o ° 30 /o, 45 /o, 50 /o, ° Family Property Manager Outdoor Community Areas Infill Grant � Cathedral City, CA 19 3-Bedroom 60 /o AMI 100% Affordable Supportive Services Property Management & Permanent Loan 92234 Developer Equity Completed in 2011 Provider Maintenance County of Riverside Home Funds - ALT ALTA VISTA 5051 E. 3rd St. New Construction Owner Developer General Contractor Community Center/Office Area Tot -Lot Los Angeles County Industry Funds Los Angeles County CDC HOME Los Angeles County 1st District Funds Los Angeles, CA 60 41 2-Bedroom o 0 o 30%, 45 /o, 50% Family Property Manager Central Laundry Facilities State of CA HCD IIG 19 3-Bedroom AMI Outdoor Community Areas 100% Affordable Supportive Services State of HCD TOD Completed in 2012 Provider Property Management & LIHTC - 9% Maintenance Loan permanent Bank Loan nt LIHTC - 9% ENCANTO Owner Community Center/Office Area CDC HOME/DDA Loan COURT New Construction Developer Centralized Laundry Facilities CDC CCP Homeless Loan - 1345 W. 105th St. 62 56 1-Bedroom 25%, 45%, 50% Senior Property Manager Security Gates and Fencing Infill Infrastructure Grant Los Angeles, CA 6 2-Bedroom AM1 AMI Supportive Services Property Management & 14ACOLA Industry Loan 90044 100% Affordable Provider Maintenance FHLB AHP —L Completed in 2012 Permanent Loan Developer Equity PROPERTY TOTAL BEDROOM NAME UNITS UNIT BREAKDOWN TYPE ROLE ONSITE AMENITIES FINANCING SOURCES & LOCATION BREAKDOWN Owner Community Center/Office Area Tax -Exempt Bonds SIGNATURE AT Developer Centralized Laundry Facility LIHTC - 4% FAIRFIELD Acq/Rehab General Contractor Outdoor Community Areas CaLHFA MHSA 1189 Tabor Ave. 93 30%, 40%, 50%, Family Property Manager Tot -Lot State of CA HOME Funds Fairfield, CA 94533 60% AMI 100% Affordable Supportive Services Swimming Pool City of Fairfield RDA Funds Completed in 2012 Provider Learning Center Permanent Loan Property Management & Developer Equity Maintenance WESTLAKE Owner Community Center VILLAGE I Developer Centralized Laundry Facilities 405 Autumn Drive 15 1-Bedroom New Construction General Contractor Learning Center ° LIHTC - 9/0 49 18 2-Bedroom Family Swimming Pool and Spa City of San Marcos RDA Loan San Marcos, CA 16 3-Bedroom ° ° ° 35 /o, 45 /o, 50 /o, Mixed -Use Property Manager Outdoor Community Areas FHLB AHP 92069 60% AMI ° 100 /o Affordable Supportive Services Property Management & Permanent Loan - _ Completed in provider Maintenance November 2013 Community Center/Office Area with JUNIPER SENIOR a Service Kitchen VILLAGE Owner Centralized Laundry Facilities LIHTC - 9% �1 215 E. Washington 35 /o°, 45 /o°, SQ New Construction Developer Swimming Pool Spa City of Escondido RDA/HOME Loan 11 Avenue 61 Senior Property Manager and HCD Infil] Infrastructure Grant 111 Escondido, CA 60% AMI 100% Affordable Supportive Services Outdoor Community Areas Permanent Loan 92025 Provider Property Management & Developer Equity Completed in 2011 Maintenance Owner Community Center/Office Area VISTA DEL Developer Centralized Laundry Facilities LIHTC - 9% CIELO 50 1 1-Bedroom ° ° 30 /o, 45 50, New Construction General Contractor Swimming Pool County of San Bernardino HOME Loan 10319 Mills Avenue 34 2-Bedroom I 60% AMI FamilyProperty Manager P m' g Outdoor Community Areas ty City of Montclair RDA Loan ty Montclair, CA 91763 15 3-Bedroom 100% Affordable Supportive Services Property Management & Permanent Bank Loan Completed in 2011 Provider Maintenance Developer Equity Community Center/Office Area with a Service Kitchen Tax Exempt Bonds MISSION Owner Centralized Laundry Facilities LIHTC - 4% r d! VILLAGE SENIOR 99 1-Bedroom New Construction Developer Swimming Pool and Spa City of Riverside RDA Loan 8989 Mission Blvd. Riverside, CA 92509 110 11 2-Bedroom ° 50 /o AMI Senior 100% Affordable Property Manager Supportive Services Outdoor Community Areas FHLB AHP _ Property Management & Permanent Loan Completed 2010 Provider Maintenance Developer Equity LIHTC - 9% " Community Center/Office Area SAN MARINO New Construction Owner Outdoor Community Areas HUD 202 10355 Mills Avenue 85 84 1-Bedroom Senior Developer Centralized Laundry Facilities HUD Predevelopment Loan Montclair, CA 91763 1 2-Bedroom o o 50%, 60% AMI 3 Phase Project Property Manager Security Gates and Fencing City of Montclair RDA Loan Completed 2010 100% Affordable Supportive Services property Management & FBIB AHP Provider Maintenance Permanent Loan P Developer Equity PROPERTY TOTAL BEDROOM NAME UNITS UNIT BREAKDOWN TYPE ROLE ONSITE AMENITIES FINANCING SOURCES & LOCATION BREAKDOWN Owner / � TRES LOMAS Developer Community Center/Office Area Outdoor Community Areas LIHTC - 4% 4343 Toland Way 46 0 0 o Acq/Rehab General Contractor HCD MHP Loan h� Los Angeles, CA 45 1-Bedroom 30%, 40%, 50%, Senior Property Manager Centralized Laundry Facilities AHD L v 90041 1 2-Bedroom o 60 /o AMI 100% Affordable Supportive Services Security Gates and Fencing Permanent Loan Completed 2010 Provider Property Management & Developers Equity Maintenance Owner Community Center/Office Area VISTA CASCADE Developer Centralized Laundry Facilities LIHTC - 4% 1432 N. Willow 42 29 2-Bedroom Acq/Rehab General Contractor Computer Lab HCD MHP Loan Avenue 13 3-Bedroom o 50 /o AMI Family Property Manager Fitness Center AHP Rialto, CA 100% Affordable Supportive Services Outdoor Community Area Permanent Loan Completed in 2010 Provider Property Management & Developers Equity Maintenance Community Center with Service RANCHO VERDE Owner Kitchen Tax Exempt Bonds EAST EXPANSION Developer Centralized Laundry Facilities LIHTC - 4% 8837 Grove Avenue New Construction General Contractor Secutiry Gates and Fencing County of San Bernardino HOME Loan Rancho Cucamonga, 40 40 3-Bedroom 35/oo, 45 /o, 60% 0 o Family Property Manager Tot Lot City of Rancho Cucamonga RDA Loan CA AMI o 100 /o Affordable Supportive Services Outdoor Community Areas Permanent Loan Completed in 2009 Provider Property Management and Developer Equity Maintenance Community k7en er ice ea AGGIO ON Centralized Laundry Facilities Tax Exempt Bonds E 66 New Construction Owner Swimming Pool o LIHTC - 4 /o �d Foothill Blvd. Fancho 166 104 2-Bedroom Family Developer Tot Lot HCD MHP 1 � 9 62 2-Bedroom 0 0 o 35 /o, 45 /o, 60 /o Mixed Market Rate Property Manager Learning Center Cucamonga, City of Rancho Cucamonga RDA Loan + AMI & Affordable Supportive Services Outdoor Community Areas Permanent Loan eted in 2009 Provider Property Management & Developer Equity Maintenance Owner VILLA PLUMOSA Developer Central Laundry Facilities LIHTC - 9% 4672 Plumosa Drive 76 52 2-Bedroom Acq/Rehab General Contractor Outdoor Community Areas City of Yorba Linda RDA Loan ,l Yorba Linda, CA 24 3-Bedroom 30%, 45%% 50%, o Family o Property Manager Property Management & Permanent Loan •e _ s 92886 60 /o AMI 100 /o Affordable Supportive Services Maintenance Developer Equity f Completed in 2009 Provider CAPE COD Owner VILLAS 36 Acq/Rehab Developer Central Laundry Facilities Tax -Exempt Bonds 1710 Maxson Street 36 1-Bedroom 30%, 50%, 60% Senq General Contractor Outdoor Community Areas LIHTC - 4% Oceanside, CA AMI 00% 100% Affordable 1 Property Manager Property Management & City of Oceanside RDA Loan 92054 Supportive Services Maintenance f ' `� Completed in 2008 Provider PROPERTY TOTAL BEDROOM NAME UNITS UNIT BREAKDOWN TYPE ROLE ONSITE AMENITIES FINANCING SOURCES & LOCATION BREAKDOWN ax- xemp on s Owner Community Center/Office Area LIHTC - 4% CITRUS GROVE Acq/Rehab DO eloper Centralized Laundry Facilities HCD MHP/MHP-NSSS AT RIALTO 152 100 2-Bedroom o 0 o 30%, 40%, 50%, Family General Contractor Computer Lab CaIHFA HELP Loan _ 1432 Willow Avenue 52 3-Bedroom o 60 /o AMI 2 Phase Project Property Manager Fitness Center San Bernardino County HOME Loan Rialto, CA 92376 100% Affordable Supportive Services Outdoor Community Area City of Rialto RDA Loan Completed in 2008 Provider Property Management & FHLB AHP Maintenance Permanent Bank Loan Day Care Center with a Service LA MISION VILLAGE 3 1-Bedroom Owner Developer Kitchen Commercial Lease Area Tax -Exempt Bonds LIHTC 4% 80 New Construction Tot -Lot - 3220 Mision Avenue 46 2-Bedroom ° ° 40 /q 60 /o AMI Family Property Manager Central Laundry Facilities HCD MHP Loan Oceanside, CA 31 3-Bedroom Supportive Services City of Oceanside RDA Loan 92054 100% Affordable Provider Outdoor Community Areas Permanent Loan Completed in 2008 Property Management & Maintenance " Community Center/Office Area Owner Centralized Laundry Facilities VISTA DUNES 14 1-Bedroom New Construction Developer Swimming Pool LIHTC - 9% 44-950 Vista Dunes 80 38 2-Bedroom 0 0 ° 30 /o, 45 /o, 50 /o Family Property Manager Sports Court City of La Quinta RDA Loan Lane 28 3-Bedroom AMI Certified LEED Supportive Services Outdoor Community Areas Permanent Loan • t-.r„� La Quinta, CA 92201 Platinum Provider Property Management & Completed in 2008 100% Affordable Maintenance Community Center/Office Area NORTHGATE Owner Centralized Laundry Facilities Tax -Exempt Bonds VILLAGE 140 42 1-Bedroom Acq/Rehab Developer Swimming Pool LIHTC - 4% 17251 Dante Street 73 2-Bedroom 50%, 80% AMI Family General Contractor Tot Lot HCD MHP Victorville, CA 25 3-Bedroom ° 100 /o Affordable Property Manager Outdoor Community Areas City of Victorville RDA Loan 92392 Supportive Services Property Management & Permanent Loan Completed in 2007 Provider Maintenance Developer Equity Community Center/Office Area with Tax -Exempt Bonds a Service Kitchen LIHTC - 4% _ t i { ' PARK VIEW Centralized Laundry Facilities HACOLA HOME Loan Y , TERRACE 72 65 1-Bedroom New Construction Owner Fitness Center LACDC Loan 6728 Clara Street 7 2-Bedroom ° 50 /o AMI Senior Developer Reflection Pond City of Industry Loan Bell Gardens, CA Infill Property Manager Outdoor Patio/Picnic Area City of Bell Gardens CDC Loan 90201 100% Affordable Central Courtyard Completed in 2007 Property Management & DeveloperFILBAHEquity Maintenance Community Center/Office Area with 1q11 SAN ANTONIO VISTA 75 50 2-Bedroom New Construction Owner Developer Developer General Contractor a Service Kitchen Centralized Laundry Facilities Outdoor Community Areas LIHTC - 9% of San Bernardino HOME Loan 10410 Pradera 25 3-Bedroom 30%, 45%, 50%, Family Property Manager Tot -Lot City of Montclair RDA Loan Avenue ° 60 /o AMI 3 Phase Project Permanent Bank Loan ° Swimming Pool Montclair, CA 91763 100 /o Affordable Services Services Provider Property Management & Developer Equity Completed in 2007 Maintenance PROPERTY TOTAL BEDROOM NAME UNITS UNIT BREAKDOWN TYPE ROLE ONSITE AMENITIES FINANCING SOURCES & LOCATION BREAKDOWN Owner a Service Kitchen Centralized Laundry Facilities Tax -Exempt Bonds SUNSET HEIGHTS Developer Learning Center LIHTC - 4 /o 6230 Haven Avenue 117 80 2-Bedroom ° ° ° 35 /% 45 /% 60 /o Acq/Rehab General Contractor Computer Lab CaIHFA Perm - A Bonds Alta Loma, CA 37 3-Bedroom Family Property Manager 91737 AMI 100% Affordable Supportive Services Outdoor Patio/Picnic Area CaIHFA Perm - B Bonds Completed in 2007 Provider Tot -Lot City of Rancho Cucamonga RDA Loan - _ Property Management & l+ Maintenance Owner a Service Kitchen MELROSE Developer Centralized Laundry Facilities Tax -Exempt Bonds VILLAS 114 12 1-Bedroom New Construction General Contractor Learning Center o LIHTC - 4 /o 1820 Melrose Drive 63 2-Bedroom Family Computer Lab San Marcos, CA 39 3-Bedroom ° ° 35 /o, 60 /o AMI Inclusionary Property Manager Outdoor Patio/Picnic Area HCD MHP Loan 92069 ° 100% Affordable Supportive Services Tot-Lot Developer Equity Provider �L Completed in 2006 Property Management & Maintenance Community Center/Office Area with TALMADGE a Service Kitchen SENIOR VILLAGE Owner Centralized Laundry Facilities L=C - 9% 5252 El Cajon 88 1-Bedroom New Construction Developer Underground Parking City of San Diego RDA NOFA Loan Boulevard 91 3 2-Bedroom ° , 45/o° , 50/o o 30/o Senior Property Manager Computer Lab Permanent Bank Loan San Diego, CA AMI Infill Co -Supportive Outdoor Community Areas Developer Equity ° 100 /o Affordable Services Provider 92115 Property Management & Completed in 2006 Maintenance Community Center/Office Area with Owner a Service Kitchen VISTA TERRAZA 12 1-Bedroom New Construction Developer Centralized Laundry Facilities Tax -Exempt Bonds 7735 Via Solare 123 71 2-Bedroom Family Property Manager Learning Center ° LIHTC - 4/o San Diego, CA 40 3-Bedroom ° ° 35 /% 60 /o AMI Inclusionary Supportive Services Swimming Pool and Spa HCD MHP Loan 92129 100% Affordable Provider Outdoor Community Areas Developer Equity Completed in 2006 Property Management & Maintenance � FOUNTAINS AT SIERRA 93 New Construction Co -Owner Co -Developer Community Center/Office Area Centralized Laundry Facilities Swimming Pool and Spa o LIHTC - 9 /o 75 1-Bedroom 0 0 o 30 /o, 45 /o, 50 /o Senior Property Manager City of Fontana RDA Loan 16946 Ceres Avenue 18 2-Bedroom AMI 3 Phase Project Supportive Services Fitness Room FHLB AHP Fontana, CA 92335 100% Affordable Provider Outdoor Community Areas CCRC Permanent Loan Completed in 2005 Property Management & Maintenance Community Center/Office Area Co -Owner Centralized Laundry Facilities Tax -Exempt Bonds GARDENS AT New Construction Co -Developer Swimming Pool and Spa LIHTC - 4% SIERRA 93 75 1-Bedroom Senior Property Manager Fitness Room City of Fontana RDA Loan 16838 Ceres Avenue 18 2-Bedroom 50%AMI o 3 Phase Project Supportive Services Outdoor Community Areas FHLB AHP Fontana, CA 92335 100% Affordable Provider Property Management & CCRC Permanent Loan Completed in 2005 Maintenance PROPERTY TOTAL BEDROOM NAME UNITS UNIT BREAKDOWN TYPE ROLE ONSITE AMENITIES FINANCING SOURCES & LOCATION BREAKDOWN HAWTHORNE Owner Community Center/Office Area TERRACE Developer Centralized Laundry Facilities 13006 Komblum 100 40 1-Bedroom Acq/Rehab General Contractor Tot Lot Avenue 36 2-Bedroom 35%1 50%1 60%, Family Property Manager Learning Center CCRC Permanent Loan �t Hawthorne, CA 24 3-Bedroom o 80 /o AMI Incl% Supportive Services Outdoor Community Areas Developer Equity 90250 100%Affordable Affordable provider property Management & Completed in 2005 Maintenance Centralized Laundry Facilities Owner Learning Center Tax -Exempt Bonds MISSION POINTE Acq/Rehab Developer Computer Lab LIHTC - 4 /o 64 44 2-Bedroom Family General Contractor 2750 Topaz Drive 20 3-Bedroom o o 40 /o,55 /o AMI Neighborhood Property Manager Outdoor Community Area HCD MHP Riverside, CA 92507 Revitalization Supportive Services Swimming Pool Permanent Loan Completed in 2005 100% Affordable Provider Tot -Lot Developer Equity Property Management & Maintenance Owner CLARK MANOR 41 13 1-Bedroom Acq/Rehab q Developer LaundryFacility 13032 Clark Avenue 20 2-Bedroom % 60% 35%, 50% Family General Contractor Property Management & City of Downey HOME Loan Downey, CA 90242 8 3-Bedroom 80/o o AMI 100% Affordable property Manager Maintenance Washington Mutual Completed in 2004 Supportive Services Provider MULBERRY Owner Community Center/Office Area VILLAS Centralized Laundry Facilities n 14950 Mulberry 51 31 1-Bedroom 35%, 50%, 60%, Acq/ReDeveloper General Contractor Outdoor Community Areas o Family Family Washington Mutual Permanent Loan Drive 20 2-Bedrrom 80 /o AMI 100/o o Affordable Property Manager Property Management & Whittier, CA 90604 Supportive Services Maintenance Completed in 2004 Provider Community Center/Office Area with LITTLE LAKE Owner a Service Kitchen Tax -Exempt Bonds VILLAGE Developer Centralized Laundry Facilities LIHTC - 4% 3' 10902 Fulton Wells 144 120 1-Bedroom New Construction Property Manager Computer Lab LACDC HOME Loan k t Avenue 24 2-Bedroom ° ° 50 /o, 60 /o AMI Senior Supportive Services Outdoor Community Area City of Industry Loan Santa Fe Springs, CA 100% Affordable Provider Property Management & City of Santa Fe Springs CDC Loan 4 90670 Maintenance Permanent Loan Completed in 2003 Tax -Exempt Bonds OAKS ON Owner Community Center/Office Area LIHTC - 4 /o FLORENCE New Construction Developer Centralized Laundry Facilities City of Industry Loan ' 4224 Florence 63 55 1-Bedroom Senior Property Manager Computer Lab Bell Land Loan Avenue 8 2-Bedroom o 50 /o AMI Infill Co -Supportive Outdoor Community Areas LACDC HOME Loan Bell, CA 90201 o 100% Affordable Services Provider Property Management & FHLB AHP Completed in 2003 Maintenance Developer Equity PROPERTY TOTAL BEDROOM NAME UNITS UNIT BREAKDOWN TYPE ROLE ONSITE AMENITIES FINANCING SOURCES & LOCATION BREAKDOWN SHADOW HILL 11085 Woodside 82 Acq/Rehab q Owner Developer General Contractor Community Centevultice Area Centralized Laundry Facilities Outdoor Community Areas Tot -Lot Tax -Exempt Bonds LIHTC - 4% HCD MHP Avenue 44 2-Bedroom 20%, 30%, 60% Family Property Manager Swimming Pool Ca1HFHELP A 38 3 Bedroom AMI County San Diego HOME/HOPWA a Santee, CA 92071 100% Affordable Supportive Services Learning Center n;! Completed in 2003 Provider Property Management & a City of Santee CDC Loan Maintenance Permanent Loan Developer Equity Community Center/Office Area Owner Centralized Laundry Facility Tax -Exempt Bonds SPRING VALLEY 16 Efficiency Developer Outdoor Community Areas ° LIHTC - 4 /o 8885 Orville Street 60 27 1-Bedroom Acq/Rehab General Contractor Tot-Lot Tot -Lot County of San Diego HOMEMOPWA Spring Valley, CA 16 2-Bedroom 50%, 60% AMI Family Property Manager Swimming Pool Loan 100 /o Affordable Supportive Services Completed in 2003 Comp Provider Learning Center Permanent Loan Property Management & Developer Equity Maintenance Community Center/Office Area i► VILLAGE AT Co -Owner Centralized Laundry Facilities LIHTC - 9% r s �. SIERRA 108 107 1-Bedroom 45% New Construction Co -Developer Swimming Pool and Spa City of Fontana RDA Loan 8684 Sierra Avenue 1 2-Bedroom 50%60% , , Senior Property Manager Fitness Room FHLB AHP Fontana, CA 92335 AMI 3 Phase Project 100% Affordable Supportive Services Provider Outdoor Community Areas Property Management & CCRC Permanent Loan _r Completed in 2003 Maintenance Owner Community Center/Office Area with HERITAGE a Service Kitchen Tax -Exempt Bonds POINTE Developer Centralized Laundry Facilities ° LIHTC - 4/o 8590 Malven Avenue 49 49 1-Bedroom 35%, 45%, 60% New Construction General Contractor Computer Lab County of San Bernardino HOME Loan Rancho Cucamonga, AMI Senior Property Manager Outdoor Community Areas MHRB/Rancho Cucamonga RDA Loan CA 91730 ° 100 /o Affordable Supportive Services Property Management & Permanent Loan (WAMU) [ Completed in 2003 Provider Maintenance IMPRESSIONS AT Centralized Laundry Facilities Owner Swimming Pool and Spa LIHTC - 9% VALLEY CENTER Developer Computer Lab San Bernardino County HOME Loan RIM 15500 Midtown 100 68 2-Bedroom New Construction Property Manager Learning Center City ofVictorville RDA Loan Drive 32 3-Bedroom 45%,50% AMI Family Supportive Services Tot -Lot Permanent Loan Victorville, CA 100%Affordable Provider Outdoor Community Areas Developer Equity 92392 Property Management & - Completed in 2003 Maintenance COBBLESTONE Tax -Exempt Bonds VILLAGE Owner LIHTC - 4% 360 E. Washington Acq/Rehab Developer Central Laundry Facilities HCD MHP = IL_ Avenue 44 44 3-Bedroom ° ° o 20 /o, 30 /o, 60 /o Family General Contractor Outdoor Community Areas City of Escondido RDA Loan = n Escondido CA AMI All-3 Bedrooms Property Manager Property Management & FHLB AHP 100% Affordable Supportive Services Maintenance J 92025 Provider CCRC Permanent Loan Completed in 2002 Developer Equity PROPERTY TOTAL BEDROOM NAME UNITS UNIT BREAKDOWN TYPE ROLE ONSITE AMENITIES FINANCING SOURCES & LOCATION BREAKDOWN Community Center/Office Area PARKSIDE Owner Centralized Laundry Facilities Tax -Exempt Bonds 4035 Park Haven 40 5 1-Bedroom Acq/Rehab Developer Learning Center o LIHTC - 4 /o � Court, #D 30 2-Bedroom 50%, 60% AMI Family General Contractor Tot Lot San Diego Housing Commission Funds San Diego, CA 5 3-Bedroom 100% Affordable Property Manager Outdoor Community Areas Permanent Loan 92113 Supportive Services Property Management & Developer Equity Completed in 2002 Provider Maintenance Community Center/Office Area PASEO DEL ORO New Construction Co -Owner Centralized Laundry Facilities LIHTC - 9% 432 West Mission 24 1-Bedroom Family Developer Learning Center County of San Diego HOME41OPWA Road, Suite 106 120 59 2-Bedroom 30%, 45%, 50% Mixed -Use Property Manager Swimming Pool Loan San Marcos, CA 37 3-Bedroom AMI Smarth Growth Supportive Services Outdoor Community Areas City of San Marcos RDA Loan 92069 Mixed Market -Rate Provider Property Management & FHLB AHP Completed in 2002 & Affordable Maintenance Permanent Loan Owner Community Center/Office Area SUMMERIDGE Developer Centralized Laundry Facility 818 E. Alvarado 96 32 Efficiency Acq/Rehab General Contractor Outdoor Community Areas CaIHFA HELP Street 48 1-Bedroom 50% 0,60%0,80% o Family Property Manager Tot-Lot County of San Diego HOME Funds Fallbrook, CA 92028 16 2-Bedroom AMI 100% Affordable Supportive Services Swimming Pool and Spa Permanent Loan Completed in 2002 Provider Learning Center Property Management & s_`-�?`' Maintenance ' CORONA DE ORO Owner Developer ommuni y en er ice ea Swimming Pool Tot -Lot o LIHTC - 9/0 City of Corona HOME Loan 680 West Second 72 50 2-Bedroom Acq/Rehab General Contractor Learning Center City of Corona RDA Loan Street 22 3-Bedroom 45%, 50% AMI Family Property Manager Central Laundry Facilities Corona, CA 92882 100% Affordable Supportive Services Outdoor Community Areas FHLB AHP Completed in 2001 Provider Property Management & Permanent Bank Loan Maintenance Community Center/Office Area SIERRA VISTA Owner Centralized Laundry Facilities Tax -Exempt Bonds 422 Los Vallecitos Developer Outdoor Community Areas LIHTC - 4% _ + _ Boulevard 192 96 2-Bedroom Acq/Rehab General Contractor Tot -Lot County of San Diego HOME/HOPWA 96 3-Bedroom 50%, 60% AMI Family Property Manager Swimming Pool and Spa San Marcos, CA 100% Affordable Supportive Services Learning Center Loan 92069 Provider Property Management & City of San Marcos RDA Loan Completed in 2001 Permanent Loan Maintenance CROSSINGS 100 New Construction Owner Developer Community CentevOtTice Area Swimming Pool Tot -Lot Com uter Lab p o LIHTC - 9 /o County of San Bernardino HOME Funds �A -- 177 W. South Street 48 2-Bedroom 30%, 45%, 50% Family Property Manager Central Laundry Facilities FHLB AHP Rialto, CA 92376 52 3-Bedroom AMI o 100% Affordable Supportive Services Outdoor Community Areas Permanent Bank Loan Completed in 2000 Provider Property Management & Maintenance PROPERTY TOTAL BEDROOM NAME UNITS UNIT BREAKDOWN TYPE ROLE ONSITE AMENITIES FINANCING SOURCES & LOCATION BREAKDOWN Community Centevultice Area Owner Centralized Laundry Facilities VISTA DEL SOL Developer Swimming Pool Tax -Exempt Bonds U 1545 Q Avenue 132 76 1-Bedroom Acq/Rehab General Contractor Tot Lot ° _ National City, CA 48 2-Bedroom 50%, 60% AMI Family Property Manager Learning Center LIHTC -4/o 91950 8 3-Bedroom 100% Affordable Supportive Services Outdoor Community Areas City of National City CDC Loan Completed in 2000 Provider Property Management & permanent Bank Loan Maintenance Owner Community Center/Office Area ARBOR VILLAS Developer Swimming Pool City of Yorba Linda RDA Loan 4661 Plumosa Drive 67 7 40% AMI Acq/Rehab General Contractor Tot -Lot Yorba Linda, CA 26 50% AMI ° ° ° 40 /o, 50 /o, 60 /o Family Property Manager Central Laundry Facilities FHLB AHP 92886 34 60% AMI AMI 100% Affordable Supportive Services Outdoor Community Areas Permanent Bank Loan _ Completed in 1999 Provider Property Management & ` . Maintenance Owner Community Center/Office Area CORONA DEL Developer Tot -Lot County of Riverside HOME Loan � REY 160 50%, 60%, 80% Acq/Rehab q General Contractor Central Laundry Facilities � Cityof Corona HOME Loan ` 1148 D Street 160 2-Bedroom AMI Family Property Manager Outdoor Community Areas City of Corona RDA Loan Corona, CA 92882 100% Affordable Supportive Services Property Management & FHLB AHP Completed in 1999 Provider Maintenance Permanent Bank Loan Community Center/Office Area PROMENADE Owner Centralized Laundry Facilities 1333 W. Garvey Acq/Rehab Developer Swimming Pool and Spa Tax -Exempt Bonds Avenue North 124 28 Studio 40%, 50%, 60% Family General Contractor Tot Lot ° LIHTC - 4 /o West Covina, CA 96 1-Bedroom AMI Hotel Conversion Property Manager Outdoor Community Areas City of West Covina RDA Loan 91790 ° 100 /o Affordable Supportive Services Property Management & FHLB AHP Completed in 1999 provider Maintenance Permanent Loan Community Center/Office Area with VILLA SERENA Owner a Service Kitchen Tax -Exempt Bonds 339-340 Marcos Developer Centralized Laundry Facilities LIHTC - 4% Street 136 36 1-Bedroom 35%, 45%, 50%, Acq/Rehab q General Contractor Swimming Pool g County of San Diego HOME Loan San Marcos, CA 98 2-Bedroom ° 60 /o AMI Family Property Manager Tot Lot City of San Marcos RDA Loan —001 92069 2 3-Bedroom 100% Affordable Supportive Services Outdoor Community Areas F Completed in 1999 Provider Property Management & Permanent an Maintenance JI lie i I dmbwd� j CATHEDRAL PALMS 31-750 Landau Acq/Rehab Owner Developer Community Center/Office Area Swimming Pool and Spa County of Riverside HOME Loan Boulevard 231 191 Studio 40%, 50% AMI Senior General Contractor Central Laundry Facilities City of Cathedral City RDA Loan 40 2-Bedroom Property Manager Outdoor Community Areas FBI B AHP Cathedral City, CA 100% Affordable Supportive Services Property Management & Permanent Bank Loan 92234 Provider Maintenance Completed in 1997 PROPERTY TOTAL BEDROOM NAME UNITS UNIT BREAKDOWN TYPE ROLE ONSITE AMENITIES FINANCING SOURCES & LOCATION BREAKDOWN Community Center/Office Area Owner Swimming Pool COLONY Acq/Rehab Developer Computer Lab 221 New York Street 20 1-Bedroom Family General Contractor Central Laundry Facilities City of San Bernardino HOME Loan Redlands, CA 92373 88 68 2-Bedroom o o 40 /o, 50 /o AMI Mixed Market -Rate Property Manager Outdoor Community Areas Permanent Loan Completed in 1996 & Affordable Supportive Services Property Management & Provider Maintenance Community Cen er ice ea MONTEREY Owner Swimming Pool (2) and Spa VILLAGE Acq/Rehab Developer Tot -Lot (2) CaIHFA 10244 Arrow Route 96 1-Bedroom 35%, 45%, 60%, Family General Contractor S ports Courts City of Rancho Cucamonga RDA Loan Rancho Cucamonga, 224 128 2-Bedroom 80% AMI Mixed Market Property Manager Tennis Court Permanent Bank Loan CA 91730 -Rate & Affordable Supportive Services Fitness Center Provider Central Laundry Facilities Completed in 1996 Outdoor Community Areas Centralized Laundry Facilities MOUNTAINSIDE Owner Swimming Pool and Spa 9181 Foothill Acq/Rehab Developer Computer Lab CaIHFA Boulevard 160 1-Bedroom 35%, 45%, 60%, Family General Contractor Learning Center City of Rancho Cucamonga RDA Loan Rancho Cucamonga, 384 224 2-Bedroom 80% AMI Mixed Market -Rate Property Manager Sports Courts Permanent Bank Loan CA 91730 & Affordable Supportive Services Outdoor Community Areas Completed in 1996 Provider Property Management & Maintenance Community Center/Office Area RENAISSANCE Owner Centralized Laundry Facilities VILLAGE 18 1-Bedroom Acq/Rehab Developer Swimming Pool City of Rialto RDA Loan 220 N. Glenwood 35 2-Bedroom Family General Contractor Tot Lot FHLB AB? f' Avenue 144 90 3-Bedroom 50%, 60% AMI Neighborhood Property Manager Learning Center Permanent Loan Rialto CA 92376 1 4-Bedroom Revitalization Co -Supportive Outdoor Community Areas Completed in 1996 100% Affordable Services Provider Property Management & _ - Maintenance 'r Community Center/Office Area with .- SYCAMORE Owner a Service Kitchen VILLAGE Acq/Rehab Developer Centralized Laundry Facilities CaIHFA . • 7127 Archibald 96 1-Bedroom 35%, 45%, 60%, Family General Contractor LearningCenter City of Rancho Cucamonga RDA Loan . Avenue 240 144 2-Bedroom o 80% AMI Mixed Market -Rate Property Manager Outdoor Patio/Picnic Area Permanent Bank Loan Alta Loma, CA &Affordable Supportive Services Tot -Lot T 91701 Provider Property Management & Completed in 1995 Maintenance Community Center/Office Area Owner Centralized Laundry Facilities RANCHO VERDE Developer Swimming Pool and Spa VILLAGE 120 1-Bedroom Acq/Rehab General Contractor Tot Lot City of Rancho Cucamonga RDA Loan - 8837 Grove Avenue 248 128 2-Bedroom 35%, 45%, 60%, o Family Property Manager Learning Center Essex Corporation Rancho Cucamonga, 80 /o AMI Mixed Market -Rate Supportive Services Outdoor Community Areas Permanent Bank Loan CA 91730 &Affordable Provider Property Management & Completed in 1993 Maintenance PROPERTY NAME TOTAL UNITS BEDROOM UNIT AMI TYPE ROLE ONSITE AMENITIES FINANCING SOURCES & LOCATION BREAKDOWN BREAKDOWN Office Area COUNTRYSIDE Centralized Laundry _ VILLAGE Acq/Rehab Owner Facility 625 Wilson Road 58 1 Bedroom Family Developer Outdoor Community Areas CDBG DR Perm Loan Humble, TX 77338 182 114 Two Bedroom 0 o 30 /o, 50/o AMI o 100 /o Affordable Property Manager Tot -Lot FHA 223 (f) Acquired 2003; Rehab 10 Three Bedroom PBS8 Supportive Services Swimming Pool Started 2011, Provider Completed 2012 Property Management & Maintenance Community Center COLONY OF Owner Centralized Laundry HUMBLE Acq/Rehab Develop er Facility 831 Wilson Road 112 1 Bedroom 30%, 50% AMI; Family Outdoor Community Areas CDBG DR Perm Loa n Humble, TX 77338 200 88 Two Bedroom Market 75% Affordable Property Manager Tot -Lot FHA 223 (f) Acquired 2003; Rehab PBS8 Supportive Services Swimming Pool Completed 2012 Provider Property Management & Maintenance SUNFLOWER Community Center TERRACE 5050 24 1 Bedroom Acq/Rehab Owner Centralized Laundry Sunflower Terrace 72 Two Bedroom Family Developer Facility HOME (City of Houston) Houston TX 77033 160 52 Three Bedroom o o 30 /o, 50 /o AMI o 100 /o Affordable Property Manager Outdoor Community Areas Perm Loan FHA 223 (f) Acquired 2003; Rehab 12 Four Bedroom PBS8 Supportive Services Tot -Lot completed 2012 Provider Property Management & Maintenance LEXINGTON Community Center SQUARE Acq/Rehab Owner Centralized Laundry 1324 E Hospital Drive 20 One Bedroom 30/oo, 50 /o, 60 /o 0 o Family Developer Facility CDBG DR Perm Angleton, TX 77515 80 40 Two Bedroom AMI o 100 /o Affordable Property Manager Outdoor Community Areas Loan FHA 223 (f) Acquired 2003; 20 Three Bedroom Supportive Services Tot -Lot TCEP Rehab started 2011, PBS8 Provider Property Management & Completed 2012 Maintenance ' LA POSADA DEL Community Center REY Owner Centralized Laundry 3135 Roosevelt Ave 26 One Bedroom Acq/Rehab Develop er Facility Fitness San Antonio, TX 145 64 Two Bedroom 30% ,50%,60% Family Property Manager Center 9% LIHTC Perm 78217 55 Three Bedroom AMI o 100 /o Affordable PBS8 Supportive Services Outdoor Community Areas Tot Loan FHA 221(d)(4) Acquired 2005; Rehab Provider -Lot completed 2012 Property Management & Maintenance PROPERTY NAME TOTAL UNITS BEDROOM UNIT AMI TYPE ROLE ONSITE AMENITIES FINANCING SOURCES & LOCATION BREAKDOWN BREAKDOWN Community Center THE COTTAGES Acq/Rehab Owner Centralized Laundry 10434 W 34th Street 140 One Bedroom o 0 o 30 /o, 50 /o, 60 /o Senior Developer Facility 9% LIHTC HOME Little Rock, AR 144 4 Two Bedroom AMI 100% Affordable Property Manager Outdoor Community Areas Perm Loan (Fannie Mae) 72204 Acquired PBS8 Supportive Services Tot -Lot 2005; Rehab 2006 Provider Property Management & Maintenance Community Center CERNY VILLAGE 16 One Bedroom Acquisition Centralized Laundry 5227 Cerny Road 60 Two Bedroom ° ° 30 /°, 50 /o AMI Family Owner Facility Perm Loan (Fannie Mae) Pensacola, FL 32526 16 16 Three Bedroom 100% Affordable Tot -Lot Acquired 2004 PBS8 Property Management & Maintenance L Aa.J FAIRFIELD VILLAGE 33 One Bedroom Acquisition Family Owner Community Center Centralized Laundry Facility 601 N. Fairfield Dr. 72 31 Two Bedroom 30%, 50% AMI 100% Affordable Outdoor Community Areas Perm Loan (Fannie Mae) Pensacola, FL 32506 8 Three Bedroom Tot -Lot o Acquired 2004 PBS8 Property Management & Maintenance Community Center FOREST HILLS Acquisition Centralized Laundry 7214 Forest City Rd 20 One Bedroom Family Owner Facility Orlando, FL 32810 60 40 Two Bedroom ° ° 30 /o, 50 /o AMI 100% Affordable Tot -Lot Perm Loan (Fannie Mae) Acquired 2004 PBS8 Property Management & Maintenance HAMPTON COURT Community Center 6415 NW 23rd Acquisition Centralized Laundry Terrace 16 One Bedroom Family Owner Facility Gainesville, FL 42 22 Two Bedroom ° ° 30%, 50%AMI 100% Affordable Tot -Lot Perm Loan (Fannie Mac) 4 Three Bedroom 32653 PBS8 Property Management & Acquired 2004 Maintenance SANDPIPER Community Center VILLAGE Acquisition Centralized Laundry 300 S Walton Ave 80 48 One Bedroom o o 30 /o, 50 /o AMI Family Owner Facility Perm Loan (Fannie Mae) Tarpon Springs, FL 32 Two Bedroom 100% Affordable Tot -Lot 34689 PBS8 Property Management & Acquired 2004 Maintenance RESUME MICHAEL J. PUCHALLA 16273 Aberdeen Way Naples, FL 34110 1 (239) 289-6846 1 michael@collierhousing.com SUMMARY Experienced leader in the non-profit and financial fields with an entrepreneurial background EXPERIENCE July 2013 -Present Executive Director, Housing Development Corporation of SW Florida, Inc., d/b/a HELP • Manage all programs, fund raising, and grant writing for HUD -approved housing counseling agency February 2009 — Assistant Director/Housing Counselor, Housing Development Corp of SW Florida, Inc. July 2013 Certified Foreclosure Intervention Specialist and housing counselor Helped establish all counseling programs and managed counseling staff July 2007 — Loan Originator, Suntrust Mortgage. December 2008 . Licensed loan originator specializing in first time buyer programs January 2003 — Partner/Broker, Platinum Coast Mortgage Services June 2007 Established wholesale mortgage brokerage business Managed brokers and wholesale lending relationships, and handled all compliance EDUCATION August 1992 —July BA, Management and Entrepreneurship, University of Wisconsin — Eau Claire 1996 - Named 1997 College of Business Student of the Year References Available Upon Request 5242 31 st PL SW Cell: (239) 601-4001 Naples, FL 34116 Work: (239) 434-2397 ext. 200 Email: valeysofi22@icloud.com Work Email: mgonzalez@collierhousing.com Maria B. Gonzalez Objective To demonstrate my Managerial, Customer Service, Organizational, and Communication skills. Languages Fluent in English and Spanish Experience February 28, 2011 — Present HDC of SW Florida, Inc. D/B/A HELP (Housing. Education. Lending Programs) Naples, FL Housing Counselor • Financial Management / Credit Counseling / Pre -Purchase Counseling: collect, scan and organize client documentation. Input information into data base, meet with clients and give Household Evaluation/Action plan, follow up with clients. Partner with Providence House, Sunlight Home, Catholic Charites, Salvation Army, the Shelter for Abused Women and Children, Habitat for Humanity and Legal Aid among others. • eHome America: send out and/or prepare Certificates of Completion and Home Buyer Resource Guide, input client demographics into system, and maintain individual client files for the State of Florida. • Immokalee Money Management Program: organize lessons and events, register students, make folders, input demographics into system, follow up for credit counseling or additional services. • iBERIA MORTGAGE Grant Funding program: intake of client demographics, answer questions or concerns regarding disclosers and the homebuying process. • Pre -Screening files and Assist Coworkers: collect and process client information and documents. Make copies, send emails/fax/calls, filing and run errands as needed. Schedule appointments (new and follow ups). For (FCP) Foreclosure Prevention Counseling and the Florida Hardest Hit Program. Route and transfer phone calls as needed. ■ Help with Home Buyer Education & Financial Literacy classes: register students, make folders, input demographics into system, follow up for counseling sessions. ■ Successfully completed certifications: Mortgage Lending Fundamentals for Homeownership Professionals, Pathways to Credit Empowerment, HUD Housing Counseling Certification Prep Course, HUD CERTIFIED HOUSING COUNSELOR, Rental Eviction and Mortgage Delinquency, Recovery After Foreclosure, The Tiny Houses Phenomenon, Delivering Effective Financial Education for Today's Consumer, Financial Coaching: Helping Clients Reach Their Goals, Delivering Effective Financial Education, Successful Approaches to Engaging and Retaining Clients in Your Financial Capability Program, NCHEC Certification in Financial Capability. Education September 2005 — May 2010 Hodges University Naples, FL B.A., in Business Administration with a minor in Marketing ■ Gulf Coast High School & Lely High School • Manatee Middle ■ Manatee Elementary *Front -Office Operations "Customer Service Summery of *Dedicated and Loyal *Professional attitude *Ability to multi -task *Eager to learn Qualifications *Proficiency with computers: Microsoft Word, Excel, Power Point, Publisher, Outlook, PDF, Counselor Max and more References Available upon request Housing Development Corporation of SW Florida, Inc, d/b/a HELP (Housing, Education, Lending Programs) Organizational Chart Board of Directors Taylor McLaughlin, President Michael Puchalla Executive Director HUD -Certified Counselor Housing Counseling I I I Home Buyer Education Maria Gonzalez, HUD -certified Kathleen Guevara, Marie Gonzper, HUD -certified I I I Contract Educator Patsy Nash, part-time admin Financial Management Katherine Patterson, part-time Financial manager I I MCDOWELL HOUSING PARTNERS An AjfiG¢(e ajMCDaweGPraper(ies CERTIFICATE OF GOOD STANDING State of Florida Department of State I certify from the records of this office that MCDOWELL HOUSING PARTNERS, LLC is a Delaware limited liability company authorized to transact business in the State of Florida, qualified on June 13, 2018. The document number of this limited liability company is M18000005555. I further certify that said limited liability company has paid all fees due this office through December 31, 2019, that its most recent annual report was filed on August 28, 2019, and that its status is active. I further certify that said limited liability company has not filed a Certificate of Withdrawal. Given under my hand and the Great Seal of the State of Florida at Tallahassee, the Capital, this the Twenty-eighth day of January, 2020 Tracking Number: 8190467511CU To authenticate this certificate,visit the following site,enter this number, and then follow the instructions displayed. https:llservices.sunbiz.org/FilingsICertificateOfStatus/C ertificateAuthentication State of Florida Department of State I certify from the records of this office that NATIONAL COMMUNITY RENAISSANCE OF CALIFORNIA, INC. is a California corporation authorized to transact business in the State of Florida, qualified on July 29, 2011. The document number of this corporation is F11000003 094. I further certify that said corporation has paid all fees due this office through December 31, 2019, that its most recent annual report/uniform business report was filed on May 1, 2019, and that its status is active. I further certify that said corporation has not filed a Certificate of Withdrawal. Given under my hand and the Great Seal of the State of Florida at Tallahassee, the Capital, this the Thirtieth day of October, 2019 Tracking Number: 4051600756CU To authenticate this certificate,visit the following site,enter this number, and then follow the instructions displayed. https:Hservices.sunbiz.org/FilingsICertificateOfStatus/C ertificateAuthentication State of Florida Department of State I certify from the records of this office that HOUSING DEVELOPMENT CORPORATION OF SW FLORIDA, INC. is a corporation organized under the laws of the State of Florida, filed on September 22, 2003. The document number of this corporation is N03000008167. I further certify that said corporation has paid all fees due this office through December 31, 2020, that its most recent annual report/uniform business report was filed on January 18, 2020, and that its status is active. I further certify that said corporation has not filed Articles of Dissolution. Given under my hand and the Great Seal of the State of Florida at Tallahassee, the Capital, this the Twenty-first day of January, 2020 S creliny o `St to Tracking Number: 4755470243CU To authenticate this certificate,visit the following site,enter this number, and then follow the instructions displayed. https:llservices.sunbiz.org/FilingsICertificateOfStatus/C ertificateAuthentication I I MCDOWELL HOUSING PARTNERS An AjfiG¢(e ajMCDaweGPraper(ies ORGANIZATIONAL CHART 11 McDowell Housing Partners, LLC a Florida limited liability company wore. rem *.fih JOINT VENTURE CO -DEVELOPERS Collier County Community Land Trust, Inc. A 501(c)(3) not -for -profit ffs] AT$ 1WAh National CORE A 501(c)(3) not -for -profit corporation Housing Development Corporation of SW Florida, Inc. a 501(c)(3) not -for -profit Fairway Meadows Leasehold/Asset Owner Internal/External Equity Investor(s) OR Note: To finance the construction and operations of the development, a lender will require the asset be owned by a Single — Purpose Entity ("SPE"). Because the SPE is 100% owned/controlled by a 501(c)(3) General Partner it is recognized under statute by the State of FL as a Non -Profit entity. Property taxes will NOT be waived under this structure. Collier County will benefit from an estimated $475,000 per year in ad valorem taxes. RURAL NEIGHBORHOODS Ruilrlin,�; l_i1W)1(r ror 14101 Ii 1',117711iff Post Office Box 343529, 19308 SW 380°i Street, Florida City, FL 33034 Telephone 305-242-2142 Facsimile 305-242-2143 Steven Kirk, President Neighhorwar6^ January 27�3 2020 Ms. Evelyn Colon Collier County Procurement Services Division 3295 Tamiami Trail E, Building C-2 Naples, FL 34112 Solicitation 20-7698 /lousing and Land Development Component at the Former Golden Gate Golf Course Dear Ms. Colon: Rural Neighborhoods, Incorporated (RN) is pleased to present our proposal to design, develop and manage affordable rental housing at the Golden Gate Golf Course located at the southwest corner of the intersection of Collier Boulevard and Golden Gate Parkway in Collier County. The development process is complex, requiring knowledge of Federal and state housing laws, local needs, zoning restrictions and building codes. RN has close and productive relationships with Federal, state and local housing agencies as well as philanthropic organizations, private sector banks and investors - particularly in the Collier locale. Our philosophy in providing affordable housing in the target Golden Gate Golf Course area is to develop a rental community that is well integrated with the neighborhood and to provide residents of limited incomes an opportunity to enhance their quality of living through housing choices that would otherwise not be available. RN's approach is further outlined in our full response. Rural Neighborhoods intends to solicit and secure a creative mix of public and private financing from Florida Housing Finance Corporation (FHFC), Collier County Community and Human Services Division, private banking institutions, equity investors and philanthropic organizations. RN has met with the Community Foundation of Collier County n anticipation in using private donor funding and included a confirmation letter indicating our status us as potential beneficiary in the Financial Capability section of our proposal Sincerely, SttvKirk President Rural Neighborhoods Authorized Contact Person 1: Steven Kirk, President Rural Neighborhoods, Incorporated T: (305) 242-2142 C: (305) 298-1100 Authorized Contact Person 2: Dorothy Cook, Neighborhood Revitalization Manager Rural Neighborhoods, Incorporated T: 239-658-3315 EVALUATION CRITERIA NO. 2: BUSINESS PLAN AND APPROACH Underlying Philosophy and AP rp oach Rural Neighborhoods, Incorporated (RN) is a successful, skilled, pragmatic, not -for -profit builder of affordable and workforce apartments including 317 homes in 8 local rental communities. Businesslike - but with remarkable vision. Every day we work hard to change hard-working, independent and struggling renters into ones who can truly afford the roof over their heads, live close enough to work to see their children off to school and become engaged citizens in the professional, civic and religious life of their community. It takes more than a handful of affordable apartments. It takes an award -winning vision that considers the strengths and challenges of each neighborhood on every front. Our mission is to make rents affordable and provide senior and workforce households a safe, livable place to call home. But our mission is not just to build houses. RN seeks to build strong communities in which people can live and grow, be neighbors first, and then good neighbors. In our three decades, RN has built remarkable new communities across Florida - in Collier, Hendry, Miami -bade, Hillsborough, Monroe Saint Lucie and Polk counties. Using a mix of private -sector and government capital, RN provides housing to urban, suburban and rural residents; the elderly, special needs and homeless. Families who call our neighborhoods home no longer return at the end of the day tired from a long commute to a dwelling falling to pieces. Instead, home is a livable community - replete with aesthetic design, green space, access to services and community engagement. RN offers families quality housing where reasonable rents leave them with more disposable income to meet expenses of a growing household or to save for homeownership. Parents have access to health services, childcare and financial counseling to help stabilize their lives and build assets for the future. Children get help with their homework and still have time to run and play. Though our work marginal communities become sustainable neighborhoods -simply put, good places to live. Ours is no longer just a vision or hopeful plan. RN knew at the outset its work would be a long-term proposition, one that required passion and commitment as well as funding. We are building a good place to call home - and it's working. Protect Scoff Our proposed rental cornmunities at the Golden Gate Golf Course will consist of two key housing elements: Component 1 Senior and Veterans Housing and Component 2 Essential Services Households. RN proposes storm resilient, concrete construction in lieu of frame -built structures given rising concerns over hurricane intensity and the Developer and local government's commitment to the preservation of long-term affordability. Use of CBS techniques will ncrease construction cost an estimated $15 - $20 per square foot but reduces termite exposure, mold, long-term maintenance cost, fire risk and annual insurance premiums. Similarly, impact windows and doors shall be utilized. Each residential component will incorporate the Unit Features, Community Amenities and Green Certifications listed below to insure an attractive rental community with strong market appeal. Unit Features • Energy Star refrigerator, built-in dishwasher and ceiling fans with lighting fixtures in bedrooms • Full-size electric range with over -the -range microwave • Garbage disposal • Window treatments for each window • Wired for high-speed internet ® Low -flow water fixtures • Washer and dryer connections ® Low V.O.C. paint • Impact resistant windows ® Minimum 16 SEER HVAC units Community Amenities ® Clubroom ® Fitness Center with state-of-the-art fitness equipment • Computer Lab • Tot -Lot in Component 2 • Walking path Green Certification • Florida Building Green Certification ® Recycling un The Invitation to Negotiate seeks a Developer to work with local government and its planning and engineering firm in the rezoning of the subject property as well as to ultimately design, manage and operate the rental housing component. It should be noted no timeline is provided in the ITN for the completion of the planned rezoning work and governmental approvals. Accordingly, the Timeline below addresses this shortcoming using months ' rather than `time certain' as its measure of elapsed time where appropriate. The gold shaded elements represent the start of the projects critical path. Description Estimated Month/Yearz Elapsed Time Component 1 Elapsed Time' Component 2 Enter into Negotiations re ITN March 2020 Finalize Selection Aril 2020 Commence Consultation with P&E Firm M May 2020 Neighborhood Charrettes June - July 2020 60 Days 60 Days Planning Commission Submittal' AuRust 2020 30 Days 30 Days PC and BOCC Approval' October 2020 60 Days 60 Days Execution of Land Acquisition Contract with CLT November 2020 30 Days 30 Days Commencement of Due Diligence Period November 2020 0 Days 0 Days Expiration of Due Diligence Period January 2021 60 Days 60 Days Component 1' Negotiations with Community Foundation of Collier Count July 2020 0 Days' Housing Credit Application Submittal to FHFC November 20205 0 Days' Housing Credit Award March 20211 120 Days Credit Underwriting inc, Market Study, Appraisal August 2021 160 Days Site Plan Amendment, if any August 2021 0 Days' Building Plan Submittal July 2021 0 Days' Obtain Building Permits October 2021 60 Days Loan Closing December 2021 60 Days Commence Construction January 2022 30 Days Final Certificate of Occupancy December 2022 360 Days Component 2 Negotiations with Community Foundation of Collier Count July 2020 0 Days' y Finance Application to Lenders December 2020 0 Days' Credit Underwriting inc. Market Stud A raisal April 2021 150 Days Site Plan Amendment, if any Aril 2021 0 Days' Building Plan Submittal March 2021 0 Days' Obtain Building Permits __ June 2021 _ _ 60 Days Loan Closing Au ust 2021 60 Da s Commence Construction _ Final Certificate of Occupancy September 2021 December 2022 _ 30 Da s 450 Days Notes: The anticipated date for each item in the table above is at the end of the applicable month. 'Dates are representative of the possible Planning Commission and/or Board of County Commissioners timeline and shall include required notice periods associated with public meetings and comment. 4Due to unknown variables including the Planning Commission and BOCC timetable, Florida Housing Finance Corporation Housing Credit Application schedules and the competitiveness of the 9% HC LGAO process, Component 1 dates may require substantial extension. SBased on Projected FHFC 2020 annual schedule. Should land use changes, if any, not be approved as to number of units or site control not executed, this timeline goal is delayed an estimated 12 months. � In the absence of litigated appeals by Medium County competitors. Extend 90 days if extended appeals. 'Simultaneous to other tasks. Specific Component riteria Rural Neighborhoods sees some divergence in the ITN objectives expressed by local government and the parameters expressed by the Community Foundation of Collier County as potential donor. Such departures among interested parties are typical at the conceptual stage of rental development. ITN CFCC Rental Rates 30% - 80% AMI Rents Below Market Value 10% Seniors and Veterans 100 - 150 Units Seniors and Veterans' 200 - 400 Total Rental Units Z 350 Rental Units 100% Essential Personnel 200 Units Essential Personnel ' Interview meeting with CFCC indicated 100 versus 150 stated in IPA CFCC correspondence. RN has endeavored to bring together the shared goals of all parties using two phased development components as its strategic approach at the Golden Gate Golf Course. Nonetheless, there are certain barriers and assumptions that an experienced Developer should point out to the Procurement Services Division in its review of submitted responses: ® The Golden Gate Golf Course subject property is not located in a Small Area Difficult to Develop Area (SADDA) or Qualified Census Tract (QCT) which provides a 130% boost to basis under the Low -Income Housing Tax Credit regulations. To maximize the number of units and the range of incomes served and rents offered e.g. ELI and Very Low -Income target, local government should work with the selected Developer to persuade US HUD to reexamine local SADDA boundaries. Properties to the immediate north and west of the subject property in contrast meet the requisite standards. ® RN has determined a means to obtain the 130% basis boost for 9% LIHTCs should Collier County designate the senior/veteran phase as a Local Government Area of Opportunity (LGAO). This designation which requires a local government cash contribution at a level set by Florida Housing Finance Corporation, e.g. $500,000±, enables that portion of the site to receive the boost. It also increases competitiveness in the Housing Credits for Medium Counties cycle. ® RN's financial pro forma for each component requires Impact Fee Deferral for the maximum period permissible by the BOCC, e.g. 50 years. ® CFCC and the ITM suggest a preference for limited rents over income limits. Should the rent and income link be severed, local government should consider adverse complications that may arise, e.g. certain Federal, state and local subsidized funding, impact fee deferrals and ad valorem tax exemptions may be lost. Collier County should be circumspect of financial proposalsin which this loss of linkage is not considered. ® RN, as charitable organization qualified under 501(c)(30 of the IRC, is entitled to ad valorem tax exemption in accordance with §196.1978 F.S. for affordable and workforce housing up to 120% of AMI, if RN is in compliance with Revenue Procedure 96-33 known as Section 3 Safe Harbor for Relieving the Poor and Distressed. RN believes itself to meet these requirements. Legal interpretation of this statute is critical to the number of households served in the Component 2 plan. RN's proposed 250 unit total is predicated on receipt of this ad valorem exemption. Component 1 .Seniors and Veterans Housing Rural Neighborhoods proposes development of 100 units serving seniors ages 55+ and older combined with preferences targeting veterans and persons ages 62+. The desired residential zoning is RMF-16 allowine 16 dwelling units --per gross acre with a height limitation of approximately 75 feet. Setback requirements typical to the above zoning classification are acceptable. RN separates its efforts to serve the elderly and veterans from essential service personnel though some older households as well as veterans may be employed in targeted professions and remain eligible for Component 2. Older adults typically require a mix of smaller bedrooms and unit sizes, many prefer age -restricted buildings hence the market popularity of 55+ communities and likely applicants on fixed incomes will require rent Limits below that of Component 2 due to lower household earnings. The proposed Component 1 mix is 100% 1"/1g" based on the expressed interview preference of the Community Foundation of Collier County. It should be noted the lack of 2`12B" models reduces gross rental income and amortizable debt given the lower construction cost associated with the added bedroom and bath. This results in a need for additional subsidies. qW 9 In Component 1, RN has set out below two income set -aside approaches. The initial model Limits rents and incomes to 6076 of AM]. This is the more conservative pro forma financial model utilized in Evaluation Criteria 5. RN presents a second option that ncreases both the number of Extremely Low -Income residents frorn 10% to 15% and enables 15 households at 80% of AMI to be served. Each is an eligible approach based on the projected financing; however, the latter expanded income strata requires market evidence indicating sufficient numbers of seniors able to afford $1,176 in rent including utilities. If so, the income range can be expanded. COMPONENT 1 SENIORS AND VETERANS HOUSING SET ASIDE % OF UNITS NO. OF UNITS 60% 90.0% 90 30% 10.0% 10 TOTAL 100% 100 COMPONENT 1 SENIORS AND VETERANS HOUSING AVERAGING SET ASIDE _INCOME % OF UNITS — NO, OF UNITS _ 80% 15.0% 15 60% 70.0% 70 30% _ 15.0% 15 TOTAL 100% 100 Income verification shall meet US HUD, LIHTC and Collier County standards Companent 2 Essential Services Housel7a/ds Rural Neighborhoods proposes to construct 250 units targeting Essential Services Households as defined by the ITN. The desired residential zoning is RMF-16 allowing 16 dwelling units per gross acre with a height limitation of approximately 75 feet. Setback requirements typical to the above zoning classification are acceptable. RN proposes a bedroom mix strongly weighted toward 2"12"" units (60%) and the balance of units evenly split between 1IR/1°A and 3"/3" units. For pro forma purposes, such a mix is compatible to most affordable and workforce rental communities. The ratio can be adjusted based on future market studies. This scenario is presented in RN's pro forma financial projects in Evaluation Criteria 5, Component 2set-asides include 25% at 80% AMI rents and incomes; 50% at 100% AMI and 25% at 120% AMI. RN noted above that the ITM and CFCC diverge on target AMI's but are in agreement in serving essential services households. Experience in similar markets in which rental housing costs exceed police, firefighter, health care and teacher salaries such as Miami -Dade and Monroe counties show fee such professionals are likely to be served if incomes are limited to below 80%. For that reason, RN has targeted a modest number of households at the 80% limit and a greater number at higher income percentages. Using conventional financing also precludes more deeply skewed income targeting. COMPONENT 2 ESSENTIAL SERVICES HOUSEHOLDS Essential Services Households UNIT TYPE NO. OF UNITS 0 BEDROOMS/1 BATHROOM 0 1 BEDROOMS/1 BATHROOM 50 2 BEDROOMS/2 BATHROOM 150 3 BEDROOMS/2 BATHROOM 50 4 BEDROOMS/2 BATHROOM 0 TOTAL 250 COMPONENT 2 ESSENTIAL SERVICES HOUSEHOLDS SET ASIDE % OF UNffS NO, OF UNITS 120% _ 25% _ 75 100% 50% 125 _ 80% 25% _ 75 TOTAL 100% _ 250 Should RN be unable to obtain an ad valorem property tax exemption, total units constructed would be reduced or total. donor equity raised would need to be increased. Additional Information EVALUATION CRITERIA 3: SUPPORT OF COMMUNITY OBJECTIVES Rural Neighborhoodsplanned approach to garner neighborhood support and ensure that our planned rental communities are compatible with the neighborhood is to engage stakeholders in partnership with Collier County and its contracted planning and engineering firm. RN is experienced in siting affordable and workforce housing projects n existing communities. It understands that neighborhood residents too often become frustrated by limited public, participation. If outreach is done poorly, the result is contentious, time-consuming and unproductive. RN proposes to use a charette and other tools to engage stakeholders. A charrette is an intensive, multidisciplinary workshop with the aim of developing a vision or design for a project. Our team of planners, architects and civil engineers will meet with impacted local governments, surrounding community groups and residential and commercial neighbors, e.g. Golden Gate City, Par One Homeowners Association and Quality Inn & Suites, over the course of several meetings to gather information on project issues that matter to the surrounding community. An important objective is to identify areas of disagreement enabling our design team to resolve concerns. It is our hope to build new relationships, then trust and a resulting clear, detailed, realist vision for the rental development. The additional co -located projects for the Golden Gate Golf Course planned by Collier County looms as a substantial element of neighborhood concern and also creates additional stakeholders. RN will participate as requested in similar public meetings that engage the neighborhood on the broader plan. Further, RN will coordinate with the leadership engaged in those projects to integrate landscape, traffic and design plans that are compatible with these phases. Our planned approach creates a clear community benefit: helping an estimated 200 to 350 senior and working households in Collier County from a mix of income strata gain low- and mid -rise housing options ranging from one to four bedrooms at rents that are affordable. RN offers the added benefit of creating a successful rental community that enjoys substantial neighborhood support - in its design, service -rich offerings and responsive management. Our comprehensive approach begins with stakeholder engagement at the outset around issues such as landscape, design and traffic, creating long-term opportunities for neighbors to access new services or amenities created by the development, i.e. invitation to nutrition or other classes or the use of fitness and exercise rooms, and employing pro -active, on -site property management responsive to neighborhood concerns or complaints. Conceptual Visuals Rural Neighborhoods provides in the pages that follow examples of site plans, renderings and elevations associated with its past work. These illustrate our approach to the Golden Gate Golf Course development. Given our commitment to genuine neighborhood engagement and the absence of a current, clear subdivision of the subject property between various uses, RN does not posit Lhese as designs for the project itself. Indeed, t believes first step meetings with stakeholders should come with little preconceived architectural styles, building heights et al. Nonetheless, RN believes our past and current work is representative of our skill, philosophy and approach. Site Plan Rural Neighborhoods conceptual site plan illustrates its intuitive understanding that the project should (1) reduce traffic impact on surrounding single-family neighborhoods by using existing major corridors as the points of entry if feasible, and (2) place higher density buildings nearer commercial structures and/or those land uses having higher dwelling units per acre. Traffic is a typical neighborhood concern for multifamily properties near less intensive land uses such as single-family homes. Use of Golden Gate Parkway or Collier Boulevard as potential ingress/egress thoroughfares may help alleviate impact on current residents. The placement of rental apartments nearer the existing hotel uses or higher density condominiums could also help allay single-family homeowner concerns. Photographs of Golden Gate Golf Course Central Condominiums RN has reviewed existing buildings within the Golden Gates Golf Course that will be nearest or adjacent to the proposed rental community regardless of our site placement. These consist of two- and four-story multifamily structures. Building characteristics include a t 1. ` Ir � r,' ,rink di •, �, IF It i{6IF FA �FF ' "fir own= -A �r IFF 10 Conceptual l/isua(s: Past 1 - 3 Stories Renta( Communities RN has constructed twenty-five rental communities throughout Florida including Collier County. Most are one -to -three stories in zoning classifications with maximum height limitations of 30' to 35' with land uses comparable to Village Residential. RN believes our past work proves comparable to the neighboring developments. Orchid Grove is a contemporary, 80-unit family development constructed at 15 units per acres in Miami -Dade and consists of 2-, 3- and 4-bedroom units. It uniquely offers a 411/3" unit otherwise not found in the local market. It serves households ranging from ELI to 60% AMI income and rent limits. 4_ I� � R k� =� /\< � - u:\ �.�.. eN �rIf= :!,� ',r am L 4A RN has been awarded financing for several additional senior rental communities in Miami - Dade and Gainesville. The $32,000,000, 116-unit Cannery Row at Redlands Crossing project demonstrates our ability to solve a complex site plan challenge along the Miami - Dade US 1-Busway Corridor. The narrow, irregular site required accommodating traffic IN ➢.y ,W u ill rll m ■�a lu IL)'V mm [:nMY• I �.t a 69 1"11 "u0L)WZAZTSEVA➢OPI A m m 1 _FM 1, 0 M 171 X IF M 71 V Il r dY l l T IF m'T III 111 11 nl 111 IF IN T M m Ill IN D I AN 111 ■ ■ ■ I m a at ME an PI�f.-144EST'_lF/A-CFI - W o ------------------------------------------------- . m M Il H,' M al w U T im 11 N �i 11 H IT M .m � m am 3 O I m m a IN m 0 a M 1OEM 0 IN IN All l UK 0111111 m su l s a W m¢ m INUP PAL Ill 1 PIT1.nm n. m Mi mrr AM UP >' ++mm e--------------- W rr. r i Da 4i I !dl r ai■YaYL ■D ams'ails DaDa ➢L➢JJIEJ1N9] ■ MINN aalrYrlal ➢.] III r Baal r_ a�saara rYarr 11.041111 srna nv m - parallel to the busway and a major intersection white preserving county -ordained, high density zoning for a subsequent similar size phase. Funds are assembled and construction start expected in July 2020, 2-bedroom units. The 629 SF one - bedroom plan is shown. In the �- Golden Gate Golf Course project, ~lower µdensities are expected. The selected Developer, however, will likely be challenged to create entrances off Golden Gate Parkway and Collier Boulevard. The latter also known as State Road 951 is expected to require FDOT approvals. To the extent possible, our goat is to reduce traffic impact on the single-family subdivisions to the west of the golf course and the center condominium enclave. Our complex development experience qualifies RN as a strong local government development partner. <?ur $14,610,000, 62-unit Deer Creek Senior Housing rental community in Gainesville is a further example of successful project siting. Located to the rear of the Alachua County Senior Recreation Center and Northside Park, RN's project creates access to both the park and senior center through creative easements with local government and bridging existing drainage. It also protects local wetlands and meets local planning department goals of placing the building on the frontal property line and parking to the rear. The Golden Gate Golf Course provides an opportunity for unparalleled access to passive green space, walking trails and water views. RN proposes to incorporate these assets nto a project site plan that makes the completed community elements integral to its setting and compatible to its neighbors. In addition, our project illustrates RN's attention to programming for older adults and maintaining building efficiency. Common space is provided at the entry level and each floor. Residents have access to a top floor deck and serving kitchen for social ^9 events; library, billiards, %rs tv/craft room, club room business center and fitness room. The p % building maintains a 1, 1:1.4 ratio of net I ti 1 rentable square footage — _ to total building SF. In - �m® ® Egli - LI�77 rM ------- ---- -- ------ --- - FlflSd FLOOS MAk � I r -� Conceptual Visuals• Creative Placemaking In the communities in which we work. Rural Neighborhoodsinvests in creative placemaking. Our use of art in public places helps neighborhoods and individuals tell their stories. It animates public spaces. It serves as both an invitation and a safe place. It mobilizes communities and turns neighborhoods into places of interest to their residents. To RN, buildings without art and architectural features are just plain boxes. Our architects help us achieve creative building design, residents help select sculptures and interior art space engage both children and seniors. RN believes our rental communities help instill a sense of place for neighborhood residents and improves connections within and between neighborhoods. �— Immokalee: Sculptures on route to Reserve at Eden Gardens and Hatchers Preserve Immokalee: Installations at Timber Ridge at Sanders Pines The Fiddler welcomes residents at Orchid Grove in Florida City, Winter Haven; Kinetic sculpture at Cypress Cove FloridaCity: Large style painting in Everglades Village Community Center. Summer Arts Camp for children of rental esidents Collier County Community Housing Plan Rural NeighborhoodsPresident. Steven Kirk served as a Collier County Stakeholder Member and Contributor to the Collier County Community Housing Plan (CLIP) in 2016- 2017 and participated in a series of meetings with local government staff and others. Mr. Kirk also met with the Urban Land Institute Panel as part of their plan consultation. Accordingly, RN and he are familiar with and strongly supportive of the CHP. RN's proposed plan meets the housing affordability needs and utilizes strategies expressed in the CLIP: The CHP and RN share an identical vision -that all residents of Collier County have a diverse range of housing options. RN proposes special needs housing for seniors, veterans and essential services employees and their families as sought in the Invitation to Negotiate. Moreover, it expects to endeavor to set aside a small parcel or space within Component 1 and Z to provide specialized housing groups towards those with developmental or physical disabilities. Partnerships with charitable groups such as Wounded Warriors, Residential Options of Florida (ROOF) and Community Assisted and Supported Living (CASL) should enable small numbers of units to be set -aside to target disabled veterans or others achieve independence through needed supportive services. ® RN's approach serves a broad income range from Extremely Low Income (30% of AMI) to Moderate Income (120% of AMI). RN acknowledges the Solicitation emphasizes rent goals (typically linked to income limits in affordable housing) more assiduously than the comparable income limits themselves. Nonetheless, RN's proposal is in step with the CHIP in advocating that affordable housing includes a long-term affordability restriction wherein the cost of housing and Income of the household are known and monitored for a specific period of time. " RN's objective is to hold rents to sustainable levels (i.e. sustainable for both resident and property), measure income and encourage households able to gain an economic foothold to move over time toward home ownership opportunities. ® In accordance with CHP recommendations, RN proposes the land underlying the proposed development be vested in the newly formed, local community an trust and held by the CLT in perpetuity. This ensures the proposed rental community remains permanently affordable to the targeted workforce households. ® RN's Component 1 Senior and Veterans Housing and Component l Essential Services Households envisions income and rent targets from 30% to 120% of AMI. This complements the CHP recommendation that local government policies encourage mixed income development. Though Component 2 may not appear to target the CHP's remaining GAP income (120% - 140%) goal, some households in the rental community are likely to earn such incomes during their rental tenure as wages increase since income limits are applicable at initial leasing. ® RN Component 2 targets the cost -burdened professionals targeted in the CHP - public safety, health care, education, child care, service workers and other entry level professionals. The CHP state these job sectors make up over 50% of all jobs in the county and that the jobs -housing imbalance impacts economic development and quality of life." RN's Component 2 prioritizes leasing to those qualified essential job sectors identified by Collier County and the Community Foundation of Collier County subject to the Fair Housing implications discussed in the Business Plan. ® Financial assistance from Collier County is requested by RN in its plan through mechanisms envisioned in the CHP including increasing in the Impact Fee deferral period for the proposed rental communities to 50 years and providing subsidies through new capital sources. EVALUA 11UN CRITERIA NO, 4e PAST AND PRESENT Rural Neighborhoods, Incorporated is a national, state and local award winning charitable group. Established under Chapter 617 F.S. and §501(c)(3) of the IRC as a not -for -profit, tax-exempt organization [IRS Determination Letter, Certificate of Good Standing and County Business Tax Receipt attached], RN has an unmatched record of excellence: NeighborWorks America Chartered Member. NeighborWorks America, a public corporation created by Congress and one of the nation's preeminent leaders in affordable housing and community development, recognized RN as a Chartered Member in 2010. This prestigious designation recognized independent charitable housing organizations that employ best practices in the field. Chartered Members undergo annual organizational assessments and risk measurements to assure the highest financial health and organization capacity. 2019 LISC Rura! Champion RN President Steven Kirk was named a Rural Champion, an honor awarded by the Local Initiatives Support Corporation to national, state and local leaders for their career accomplishments in affordable housing and community development. ® 2018 Community Foundation of Collier County Harvey Kapnick Award RN received the Community Foundation's Harvey Kapnick Award for a non-profit that has distinguished itself by exemplifying excellence with several other recipients for service to Collier County homeowners in the aftermath of Hurricane Irma. 2018 Miami -Dade Agriculturalist of the Year RN's excellence in management and preservation of agricultural workforce housing was honored as part of the 25" anniversary of Hurricane Andrew and the ground -breaking of Everglades Village, a now 120-acre campus comprised of more than 510 rental homes, childcare centers, retail space and public park. ® 2010 Affordable Housing Magazine's Top 50 Affordable Housing Developers The nation's Top 50 Affordable Housing Developers as compiled by Affordable Housing Finance magazine ranked RN #29 in 2010 for annual production. Listed as the seventh largest non- profit housing developer in the annual rankings was a notable milestone and achievement. ® 2008 Mlami-Dade Agriculturalist of the Year RN's unique contribution to local agriculture - supporting economic growth through the development of specialized affordable housing for Miami-Dade's packinghouse, nursery, tropical fruit and row crop workers - was celebrated. ® 2007 Rural LISC Hurricane Recovery Award The Local Initiatives Support Corporation, a national leader in community and economic development, honored RN for our help to local Louisiana, Mississippi and Texas community groups in the aftermath of Hurricane Katrina and leadership in Florida's demanding 2004 and 2005 hurricane seasons. 2006 Housing Assistance Council Community Service Award The Housing Assistance Council awards the Skip Jason Community Service Award to leaders in rural housing at its biennial National Rural Housing Conference in Washington, D.C, In 2006, RN President Steven Kirk accepted the prize for our housing achievements throughout rural Florida. ® ZOOS Governor's Hurricane Housing Task Force Four hurricanes in six weeks created an unprecedented need for disaster recovery in hard hit Florida communities. Governor Jeb Bush named RN President Steven Kirk to the public -private task force charged with targeting Federal and state resources for hurricane recovery and recommending market -based strategies to help meet the needs of Floridians. ® 2000 Littleford Award The American Business Media Littleford Award for Corporate Community Services recognizes companies, organizations and individuals for outstanding community service aimed at alleviating critical social problems. RN was the 2000 Grant Winner for our work in rebuilding rental communities following the devastation of Hurricane Andrew. 1998 Fannie Mae Foundation. The Fannie Mae Foundation named RN's Everglades Village the 1998 winner of the Maxwell Award of Excellence in Low Income housing for rental housing development. In order to demonstrate our Past and Present Experience, the following exhibits are located behind this page: Prior Experience Chart Projects Under Construction Pipeline Projects Awarded Prior Experience Chart Rural Neighborhoods is among the largest not -for -profit Florida developers. It has developed nearly 2,000 affordable and workforce rental apartments throughout 25 rental communities. The Prior Experience Chart below illustrates our prior experience and current rental portfolio of 1,787 single-family, duplex, townhouse and mid -rise apartments. Prior Experience chart pro" aad bysurd ,IrH Protect Hama Tadevdnds Hanoi Address ioo mrnmocks Tail Lotation Key largo di od! 35037 Proiect UHTr?HOME; Faintly No. DE Units Year Wnmleted 2019 66 Pol"ogcreek Server noosing 1W laytea Lions Drlye Labelle 3MIM HU Il32 29 2018 Hatchets Frecerve Mvnakalee 34342 HOME; Family M 2017 Esperann Place 2702 W. InRrokalee Drye emirs Jar 341@ USDA RD/SAIL, Family 4a 2016 Timber RidgeatmodleDPines M49Sarnders Pknes Grde Inargkaice 34142 UHTcj5A1L; FamIFy 75 2016 Everglades Migam Homing 193011 SW 39Dds Street Florida city 33M USDA RD; Famdy, HOME M 2012 Poliywogcreek Commoro 1 1371aycee Livers Drive Labelle 3305 1 USDA RD/SML; Family 40 2r/11 Polywegcreekcontnonsll 1371aymee Lions Drive Labelle 35935 USDA RD/SAIL; Family 24 2011 Orchid Groins 700 NW Mh Street Florda city 33034 IMTC W 2011 cypresscove 9306d15treat Wilmer Hiven 33= UIUC 60 2011 Manatee village 4 MISsawgrass lakeway R1ddn 335M USDA RDISAIL; Family 27 Win Eden Gardens Apartments Lm Boxwood Drive tmmekalee 341AZ UH117C)16DARD;Family 51 2009 Eden Gardens ll SD75 Boxwood Drive ImrMkalee 34142 USDA ROjSAR; Family 37 2009 EPergladesSupportive Horning SD75 Boxwood Drive Mnakalea U142 FHFC SAIL: Homeless Famdy 4 2D09 Oaks at shmnrn's crossing 833HIghvrayM a Okeechobee N1174 UHTc/USDA RD 1D0 2Wa Casa Cesardlavei 1930a SW 3stith Street Florida City 13034 SAIL 1M 2OD7 live Oakvillasll 919525th5treet Fart Pierce 34947 1 UHTC W 2007 Everglades RAH 39" SW 3BOth Street n0rida city 33034 USDAMFaudly 15 2006 Manatee Wlage lomsawgriasukrinraiy Ruddn 33570 USDA RR Family 62 2005 Mrwtee 011age SRO 10165awgrassLakevay Ruskin 33570 USDA AD us 200S Uveoakvllla3 9195251115lreet Fort Pie" 34W Hill !104 20D5 Mahn Streetviliage 104 Arthri dircle immo(olee 34142 USDA RD/HOME; family 79 2003 Evereladesvillage 19" 5111350d1 Street Florida Oly 33034 USDA ND; Family M6 19% TUf/lL In addition to the listed units, RN has served as a Fee Developer to the Diocese of St. Petersburg and San Jose Mission (Dover, FL 80 Units) and the Housing Authority of the City of Homestead (Homestead, FL 40 Units). Construction -in -Progress RN begins its most recent Casa Juarez project, a 128-bed shared housing model on January , 2020. Financed by Florida Housing Finance Corporation and the Federal Home Loan Bank of Atlanta, this effort offers quality housing to unaccompanied adults unable to otherwise form a household. It is scheduled to be completed in January 2021. construction -in -progress P am A revs Lacat on Zioco a Protect 7voe No.O Units Va ue Casa Juarez 193085W 380th Street Florida Clty 33034 Garden 328 K500,000 10131 Pipeline Projects Awarded RN's demonstrated skill to secure project financing is evidenced in its current development pipeline. The 375 units in progress has been awarded $93M in conditional commitments and term sheet offers from governmental entities, banks and investors including, but not limited to, Florida Housing Finance Corporation, Miami -Dade County, City of Gainesville, CenterState Bank, J.P. Morgan Chase and the National Equity Fund. These projects are expected to close in 2020 and be completed in 2021. ape lne war s Project Name Address Location 2ipCQdQ project Type No, Of Units Value Cannery Row at 5W 264th Street &US1 Naran'a f 33032 High -Rise; Senior; g12 $321000,000 Redland Crossing LIHTC Deer Creek Senior NW 55th Boulevard Gainesville 32607 High -Rise; Senior; 62 $14,610,000 Housing LIHTC Esperanza PUD, Immokalee Garden; Shared Casa Amigos Immokalee 34142 96 $5,450,000 Drive Housing; SAIL Seahorse Cottages at Single -Family; CDBG- Big Pine Key Scattered Sites BigPine Key y 33043 17 $7,698,000 DR The Landings at Sugarloaf Shores & US 1 Sugarloaf Key 33042 Garde; LIHTC 60 $21,193,630 Sugarloaf Key g Y Workforce Dockside at Sugarloaf Garden; LIHTC Key Sugarloaf Shores & US 1 B Sugarloaf Key g y 33042 28 $12,096,565 Workforce Tota 048`195 In -House Project Team and Organizational .Structure Rural Neighborhoods has an experienced in-house project team that works well together and coordinates with a skilled group of specialized third -party real estate development professionals set out in Evaluation Criteria 6 to resolve problems and deliver award - winning rental communities on time and on budget. Steven Kirk, President The project team is led by RN President, Mr. Steven Kirk, President. Mr. Kirk has served as the charitable group chief executive officer since 1994 and has directed 100°0 of the near 2,000 units constructed at a total development cost estimated at more than $250,000,000. He has extensive professional relationships with Collier County Community and Human Services Division, Florida Housing Finance Corporation and numerous bank and equity investors including, but not limited to, Fifth Third Bank, CenterState Bank, PNC Financial, Citibank and City Real Estate Advisors. He also has partnered with national non-profit capital and technical assistance resources including Local Initiative Support Corporation, Enterprise Community Partners, National Equity Fund, Housing Assistance Council, Florida Housing Coalition and Community Housing Capital. Mr. Kirk serves as a current member of the Board of Directors of the National NeighborWorks Association. He is an Economics and Political Science graduate of Duke University, Dorothy Cook, AC/P, /Neighborhood Revitalization Manager Ms. Dorothy Cook, ACIP, serves as RN's Neighborhood Revitalization Manager and leads its Southwest Florida new construction and rehabilitation activities. Ms. Cook joined RN in 2015 and has coordinated the acquisition and substantial rehabilitation of Timber Ridge at Sanders Pines Reserve, an older, Immokalee based 75-unit property purchased n 2016; the substantial rehabilitation of Main Street Village (79 units); and construction completion of Hatchers Preserve in collaboration with Mr. Kirk as President. Ms. Cook successfully managed RN's recent Hurricane Irma response in Collier County rehabilitating an estimated 70 owner -occupied homes at a cost of $1,250.000, Ms. Cook previously led the Empowerment Alliance of Southwest Florida from 2001 - 2014 and served as Executive Director. There she constructed Milagro Place, a 27-unit single-family homeownership subdivision, and also obtained entitlements and constructed site nfrastructure for several undeveloped parcels for 80 single-family homes. Ms. Cook has significant planning experience as a former Principal Planner at the Southwest Florida Regional Planning Council where she worked from 1993 to 2001. She continues to have extensive local relationships with the SWFL Regional Planning Council, Collier County Community and Human Resources and others. Ms. Cook received her M.S. in Urban and Regional Planning from Florida State University and her B.S. in Architecture from Florida International University. Corey O'Gorman, ACIP, Rea! Estate Development Manager Serving as Real Estate Development Manager, Mr. O'Gorman, ACIP, is RN's newest project team member recently joining the charitable group in 2020. Nonetheless, he previously served as a frequent planning and real estate development consultant to RN assisting on numerous new construction projects since 2008, making his in-house position more of a new title than new role. He led predevelopment coordination and construction management on Oaks at Shannon's Crossing in 2008, Reserve at Eden Gardens Phase 1 and 2 and Everglades Supportive Housing in 2009. He carried out similar roles in Hatchers Preserve in 2015-2016 and Pollywog Creek Senior Housing in 2017-2018. Two-thirds of the projects listed were constructed in Collier County. Mr. O'Gorman is an Environmental Studies graduate of Rollins College and past board member of the Florida Housing Coalition and Florida Redevelopment Association. He has consulted with numerous local governments and has served as a Senior Planner and CRA Manager for Lee County and the cities of Titusville and Gainesville. Jason Goldfarb, Real Estate Development Consultant Mr. Jason Goldfarb, Real Estate Development Consultant, serves as RN's credit underwriting and finance analyst. Mr. Goldfarb has been retained continuously by our charitable group since 2018, fulfilling a critical credit underwriting role in all current construction -in -progress and pipeline projects. Prior to joining RN, he was Director of Acquisitions for The Related Group of Florida's affordable housing division from 2010 - 2017 and spearheaded the receipt of numerous government subsidies including Low Income Housing Tax Credits, SAIL, HOME and Documentary Surtax Funding. Mr. Goldfarb served as a Senior Associate at Marcus & Millichap from 2004 - 2010. He is a Business Administration graduate of Kent State University. Nancy Neibaur, CPA, Chief Financial Officer S. Nancy Neibaur, CPA, is a Florida licensed certified public accountant and holds a master's degree in Accounting from Florida International University. Ms. Neibaur has served as the Chief Financial Officer of RN since 2008. In addition to general CFO duties, her real estate development responsibilities include, but are not limited to, review of construction draws, submission of government, debt and equity investor financial reports and preparing project and LIHTC limited partnership tax filings. Ms. Neibaur also coordinates significant complex information required by the Tidwell Group, RN's independent external auditors, for the more than two dozen required annual audits. RN has a continuous record of unqualified audits concluding the financial statements of the charitable group present fairly its affairs in all material aspects. RN In -House Team Dorothy Cook, Neighborhood Steven Kirk, President Revitalization Manager Corey O'Gorman, ACIP Real Estate Development Manager Jason Goldarb Real Estate Development Consultant Nancy Neibaur, CPA Chief Financial Officer Fabiola Vidales Staff Accountant Lisa Torres Staff Accountant Everglades Housing Group Management Company External Project Team (See Evaluation Criteria 6) Studio DCa David Corban Architect GradyMinor Civil Engineers Robert Cheng Shutts and Bowen Real Estate Legal David Leon Nelson Mullins Tax Legal Dominium PHG-Builders Project Consulting Rural Aleighoorhoods Board of Directors Rural Neighborhoods is deeply committed to good stewardship because every resource entrusted to us can change the lives of the working families we serve. Our volunteer board and management carefully monitor and review programs and costs, use donations, grants, debt and equity capita( for their intended purposes and look for ways to leverage funds for maximum impact. Our integrity and effectiveness has earned the trust and support of many donors, corporations, institutions and government agencies. The board of directors below also bring real estate development, finanace and property management experience to the project: ® Mr. Peter McDougal Mr. McDougal is East Coast loan officer for the La Raza Fund, a nonprofit financial intermediary. His banking career included roles as Florida Director of Citi Community Capital, Small Business Lending Manager at SunTrust Bank and Chief Commercial Loan Officer at Professional Savings Bank. ® Mr. James Ray Mr. Ray is Miami -Fort Lauderdale City President and Wholesale Bank Executive at Fifth Third Bank. He formerly served as a Senior Vice President for the hank in the Naples market and is a graduate of the 2012 Leadership Collier class. ® Ms. Diana Gonzalez Ms. Gonzales is a private economic developnet consultant and former Director of Facilities Management for Miami Dade County, FL. ® Ms. Katrina Wright Ms. Wright is Vice President, Community Development/Outreach at Banl< United. She is responsible for facilitating the bank's community development initiatives in Florida, including programs aimed at increasing access to affordable housing, small business lending and financial education. ® Mr. Matthew Polak Mr. Polak, AIA, LEED, AP is President of R.E. Chiholm Architects. He has more than 30 years experience in projects serving both the public and private sector. The firm was recognized as Architectural Firm of the Year in 2019 by the Greater Miami Chamber of Commerce. ® Mr. Alphonso Townsel Mr. Townsel is an experienced housing and community development expert and President of Al Townsel, Inc. He served as a former executive at Babcock Construction prior to launching his frm. His work includes project management and development for the Urban League, New Urban Development and Greater Miami Neighborhoods. Ms. Susan Rubio -Rivera Ms. Rubio Rivera is Executive Director of MIJJER, a charitable group serving victims of sexual violence and abuse in Miami -Dade. She is the recipient of the Community Partner Award from Dade Legal Aid. ® Mr. Arturo Lopez Mr. Lopez is the past Chairperson of the Washington, D.C. based lousing Assistance Council and Executive Director of the Coalition of Florida Farmworker Organizations. He recently received the Lifetime Achievement Award from the Farmorker Justice Fund Mr. Lopez has been engaged n the Miami -Dade and Collier communities since 1985 serving the needs of local agricultural workers. Ms. Pinita Alegre Ms. Alegre is Manager of Rim(and Nurseries and a resident in Rural Neighborhood's Everglades Village. ® Mr. Carlos Salgado Mr. Salgado serves as Co -Director of Enl amnia, a culturally diverse arts and education organization. A successful painter, he is a founder of Rural Neighborhood's ails in public places nitiative and a leader in our use of creative placemaking in community development. His organization is an active supportive services provider throughout RN portfolio, particularly in mmokalee and Homestead -Florida City. Property t1lanagement Company: Past and Present Experience of Everglades Housing Group, Incorporated Rural Neighborhoods brings a related, experienced and highly qualified property and asset management firm to its Development Team. Everglades Housing Group, Incorporated (EHG) is fully integrated into RN's affordable/workforce housing real estate development efforts. EHG provides valuable expertise throughout the predevelopment, construction, lease -up and operational stages of the project. It is expected to serve as the marketing and property management agent for the completed rental units. Should it prove more advantageous to the rental community to utilize an outside private management agent, EHG is experienced in providing asset management and oversight of third -party firms ensuring safe, sound and effective operations. Since 2005 EHG's portfolio has grown to 1,384 current units under management at 21 rental communities. It provides oversight of Professional Management, Incorporated (PMI), a highly qualified, third -party management company at 4 additional properties totaling 344 rental apartments. PMI has managed more than 15,000 apartments, commercial office buildings and condominiums throughout Florida. EHG is an approved manager for the U.S. Department of Housing and Urban Development, USDA Rural Development, Florida Housing Finance Corporation and Federal Home Loan Bank. Its management is also reviewed on an annual basis by private sector investors such as PNC Bank and City Real Estate Investment. It has a highly successful compliance record with all investors and governmental partners. Our management company incorporates industry -leading Real Page One-SiteT" software to guide resident household income qualification, prepare leases and other notices, track maintenance work orders and make-readies, maintain resident ledgers and integrate financial operations into corporate accounting. Management company staffing includes EHG's Director of Asset Management, Director of Property Management, Chief Compliance Officer and Facilities Director. Its Site Management staff includes culturally competent, multi-lingual individuals committed to efficient, effective daily operations and a service - rich residential environment. EHG incorporates meaningful services in its residential management: quarterly health screenings including hearing and vision testing and free flu shots promote health; nutrition education, healthy cooking classes and smoke -free buildings encourage healthy personal behavior; and tax preparation services, 1='-time homebuyer training and rental rebates to tenants purchasing their homes moves residents toward a path of home ownership. EHG helps tenants acquire life skills ranging from simple matters ranging fire extinguisher use to hurricane preparation and CPR. Importantly, EHG's more than 15 years of experience in the local Collier area enables it to offer numerous existing partnerships among health, social and supportive service providers. The prior general management experience chart below demonstrates EHG's breadth of professional property management experience: Prior 6erxeral I-tanagement Experience Chart Flame of klan3ger7ent Company or a Principal of the Management Company with this Required Experience. Everglades Housang Group, Incorporated Name of Development Location CurrentlylFormerl Length of fetal (Csty & StateJ 'y Managed Time flumber of units Everglades village 6 Flouted _Ili FL Current 1S )39 -- Everglades Village 2 Florida City, FL Current 15 143 Everglades village 3 flarea City, FI_ Current 8 30 Everglades village 4 Florida City, FL � Current 9 18 _. _...�._ Rural Rental HO i ing _._.._._...r._ Flat ma City, FL .,.�__. Current 12 15 —Everglades Metro Dade Florida City, FL Current 15 66 _ Cas,f Cesar Chavez Floridti City,F1, Current 15 _ � 144 _ Eden Garden Apartments Immokalee. FL 10 Eden Gardens It €mmokalee, FL _Current Current 10 37 Everglades Supportive Housing Immokalee, FL Current 10 4 P011Y 09 Creek Commons I Labelle, FL Current 9 40 Pollywog Creek Commons H Labelle, FL Current 9 24 Pollywog Creek Senior Housing Labelle, Ft Current 2 29 Oaks at Shannon's Crossing Okeechobee, FL Current _ 1i 100 Manatee Village Phase 1 & 9 Ruskin, FL Current 15 62 Manatee Village 4 Ruskin, FL Current 10 27 Maraeee Village SRO Ruskin, FL Current 11 128 Esperanza Place (mmokalee, FL _ Current 4 48 Hatchers Preserve mmokalee, FL Current 3 18 Timber Ridge at Sanders Pines Imistokalee, FL Current 3 75 T"dewinds Apartments Key Largo, FL Current 1 65 71 Y,3 Sustained Success and Reliable Operation RN and EHG have sustained success and reliable operations throughout its portfolio. Property performance measures show collection rates in excess of 99.50% at 21 of 23 rental communities and loss to vacancy loss at a low 3.51% excluding seasonal SROs. Portfolio properties are routinely monitored by investors and government entities. RN and EHIS meet compliance standards in income certification, tenant files, physical inspections, Fair Housing and other measures. Similar project monitoring performed by Collier County Community and Human Services in relationship to local properties find all standards to be met. RN and its related entities as borrowers and property owners are current and in good standing and have not been in default in their past 24 years of borrowing. This taken together with the noted operational success demonstrate a successful real estate development track record, particularly given RN's historic service to extremely low- and very low-income residents. Caperience WorRing with Communities and Community Foundations Rural Neighborhoods has successful partnerships and outcomes at the local government, community -based organization and philanthropic levels. Its foremost current local government relationship is local; RN and its related entities are regular grantees and loan recipients of Collier County Community and Human Services for countywide owner - occupied rehabilitation and Immokalee-area housing new construction and rehabilitation. This track record extends back to initial transactions in 2002-2003. RN believes this to be a professional, cooperative and mutually rewarding relationship. From time to time, RN has partnered with other local governments ranging from new pipeline projects in Miami -Dade and Alachua counties to completed projects in Hillsborough and the City of Fort Pierce. RN has strong partnerships with its fellow community based charitable organizations. It has recently assembled and distributed land from its Esperanza PUD in Immokalee to the Shelter for Abused Women and Children and Collier County Habitat for Humanity. It is completing the new construction of single-family homes as replacement for Irma - damaged trails in partnership with Guadalupe Center and the Unmet Needs Committee in Immokalee. RN has served as co -developer to the Diocese of Saint Petersburg in the building of their initial 80 units at San Jose Mission in Dover, FL. It similarly served as co -developer of 40 units for the Housing Authority of the City of Homestead. In 2015- 2016 , it assisted three local non-profit groups - the Empowerment Alliance of Southwest Florida, Immokalee Housing and Family Services and Florida Non -Profit Services - merge their operations and assets under RN. RN enjoys a successful relationship with the Community Foundation of Collier County. Noted elsewhere in this RFA, RN was a recipient of its Harvey Kapmck award for work funded by the Foundation in the aftermath of Hurricane Andrew. RN's owner -occupied repair was featured in their video highlighting grantee recovery work. RN has successful track records with various foundations throughout its long real estate development past. These include the Bloomberg Family, Paul DiMare, Bank of America and Allegany Fransciscan Ministries foundations. administrative Services 6epartmen° Reference Questionnaire SoEaeitation: 20-7698 Reference Questionnaire for: Rural Nei ahborhoods, 1 neoiporated (Name of Company Requesting Reference Information) Steven Kirk, President (Name ofIndividua is Requesting Reference Information) Name: Dawn Mootecalvo � � /"�" � Company:Guadalupe Center (Evaluator completing reference questionnaire) (Evaluator's Company completing reference) Email: durontecalvo(cdguadalupecenter.org FAX: Telephone: 239-658-1999 Collier Comity has implemented a process that collects reference infor-matron on firms and their Iwy personnel to be used in the selection of firms to perform this project. The Name of the Company listed in the Subject above has listed you as a client for which they have previously performed work. Please complete the survey. Please rate each criteria to the best of your knowledge on a scale of 1 to 10, with 10 representing that you were very satisifed (and would hire the frrnr/individual again) and 1 representing that you were very unsatisfied (and would never hire the firm/indivdival again). If you do not have sufficient knowledge of past performance in a particular area, leave it blank: and the item or form will be scored "0..' Proj ect Description: _ConsLtietion of FomSin�le-Family Completion Date: August 31.2019 Homes for l-iurricane Irma Victims Proj ect Budget: $400,000 Proj ect Number of Days: item Cidzria Score 1 Ability to manage the project costs (minimize change orders to scope). 10 2 Ability to maintain project schedule (complete on -time or early). 10 D Quality of work _--- — 10 4 Quality of consultative advice provided on the project. 10 5 Professionalism and ability to manage personnel. 10 6 Project administration (completed documents, final invoice, final product turnover; invoices; manuals or going forward documentation, etc.) 10 7 Ability to verbally communicate and document information clearly and succinctly. 10 8 Abiltity to manage risks and unexpected project circumstances. 10 9 Ability to follow contract documents, policies, procedures, rules, regulations, etc. 10 10 Overall comfort level with hiring the company in the future (customer satisfaction). 10 TOTAL SCORE OF ALL ITEMS t0o Reference Ques¢ionnaire for: (Name of Company Requesting Reference (nformation) Steven Kirk. President Evaluator completing reference questionnaire) (Evaluator's Company completing referenc Email iunc2Ol7@gmail.com FAY: no Collier County has implemented a process that collects reference information on firms and their key personne! to e b used in the selection of Firms to perform this project. The Name of the Company listed in the Subject above has listed you as a client for which they have previously performed work. Please complete the survey. Please rate each criteria to the best of your knowledge on a scale of I to 10, with 10 representing that you were very satisifed (and would hire the firm/individual again) and ➢ representing that you were very unsatisfied (and would never hire the firm/indivdival again). If you do not have sufficient knowledge of past performance in a particular area, leave it blank and the item or form will be scored "0." Project Item Description: Construction of Four Single -Fames Completion Date: August 3I.2014 Homes for Hurl➢cane it ®/!climb __ Project Budget: $400,000 Project Number of Days: 240 I Criteria Ability to manage the project costs (minimize change orders to scope), Score 10 2 Ability to maintain project schedule (complete on -time or early). 10 3 Quality of work. 10 4 Quality of consultative advice provided on the project. 10 5 Professionalism and ability to manage personnel. 10 6 Project administration (completed documents, final invoice, final product turnover; invoices; manuals or going forward documentation, etc.) 10 7 Ability to verbally communicate and document information clearly and succinctly. 10 8 Abiltity to manage risks and unexpected project circumstances. 10 9 Ability to follow contract documents, policies, procedures, rules, regulations, etc. 10 10 Overall comfort level with hiring the company in the future (customer satisfaction). 10 TOTAL SCORE OF ALL ITEMS 100 COMICT Coxnty Administrative Services Department PrOCUM enl Semees Dlvis on Reference Questionnaire Soli citation: 20-7698 Reference Questiomtaire for: Rural Neighborhoods, Incorporated (Name of Company Requesting Reference Information) Steven Xirk, President (Name ofTndividuaJs Requesting Reference Information) Name:Ted Hoffinarf ' (Evaluator completing reference questionnaire) Email: Company:Ted Hoffman Architects (Evaluator's Company completing reference) Co]lier County has implemented a process that collects t'eference information on rums and [heir• hey personnel to be used in the selection of firms to perform this project. The Name of the Company listed in the Subject above has listed you as a client for which they have previously performed work. Please complete the survey. Please rate each criteria to the best of your knowledge on a scale of I to 10, with 10 representing that you were very satisifed (and would hire the firm/individual again) and I representing that you were very unsatisfied (and would never hire the fnm/indivdival again). If you do not have sufficient knowledge of past performance in a particular area, leave it blank and the item or form will be scored "0." Project Description: Hatchers Preserve Apartments Project Budget: _$3,000,000 Completion Date: October 2016 (Various Dates) Project Number of Days: 365 Item Citeria Score 1 Ability to manage the project costs immunize change orders to scope). 10 2 Ability to maintain project schedule (complete on -time or early). 9 3 Quality of work. 9 4 Quality of consultative advice provided on the project. 10 5 Professionalism and ability to manage personnel. 10 6 Project administration (completed documents, final invoice, final product turnover; 10 invoices; manuals or going forward documentation, etc.) 7 Ability to verbally communicate and document information clearly and succinctly. 10 S Abiltity to manage risks and unexpected project circumstances. 10 9 Ability to follow contract documents, policies, procedures, rules, regulations, etc. 10 10 Overall comfort level with hiring the company in the future (customer satisfaction). 10 TOTAL SCORE OF ALL ITEMS Hatchets Preserve mmakalee,FL CURRENT RENT STRUCTURE UFFILIVAULDRAFAINCE PROPERTYSUMMARY 3 RRR0% 14 $. ]]5. 100850 $ 13OZOD 3DR 80% 280 IS Angle Family Houses RSM 4 5 695 2,730. 5 33j360 391150% 20 14®80%AMI 4 M SOS AMI TOTAL 18 11,630 16 PROPERTY INFORMATION WORNORDERS Number of Full Ome employees(Shared) 0 e a year to Date current Property Placed in service Date 2016 vara 1 Rent Increase ved tlrlsP true 64 Carnpleted thisperiod69 Outstanding UNRITURNOVInt VACANCY STATUS TURNOVER STATISTICS Current 0 Year to Date This Month YTD D Total Vacant a Mactor snits ove( Made Ready a 9 units Made Ready Move Ouls a 2 NOtfeady a Average Make Ready Days for units occupied this Penotl NA 380 Transfers 0 0 Average Potential Rentable Days for urds occupied this redo NA 39.0 vacant Units Turnover Percental ODIVAll Average Turnover Days for units occupied ties Period NA 60.0 BALANCE SHEET FR Cu us FM As YT Operational naEscro as 12,m6 Tenant Escrows $ ]2,650 Hormones Payable -Vendors Accounts Payable-Af011ates $ 5.598. - Reserves Tax &Ins $ ayable-eonst $ - Rmerves $ 35,300 CredItOTTE $ Petty Cash $ ISO [COUNTS PAYABLE -COD O syo]3 Accruals Receivable R Sandra $ - Tmante $ 1,961 f AffiliatNon $ - AuditFees$ fi,000 Rent oclu $ - Interest $ Aesisbnce $ - Ober $06 CCRUAm $ OTALRV Other Llabllllles ether Asset s Tenant Escrows $ 12,650 Deposits f paid Rents $ pads f «and Payroll Tax f TOTAL OTHER trust 0 Term Assets Payable Land &Improvements $ 2,410 MadReges $ Buildings &Improvement s 1,915,626 Related Par $ J2S,000 TOTAL NOTES PA ABLE ]25,OR0 Was Depreciation $ p33,BJ3) 3,R44,4a4 Retained Earnings Vehicles Is Equip $ - Equity f Les Oe ree4tion $ men earnings S 5 22A0389 NFTVEH&EDUIP TOTAL EOUM 2,231.230 Ts EQUITY R N aR y Funded Pr.ye r ior balance 5 23,4p0 or Year Fun rest( curreor year Nnding S LL]00 NEE Wtllrtlrawalsmte Per Unit $ R me balance $ I,950.00 $ al funtlingre ul tlolV/Olm M am 3st Mortgage - c 2r d Mortgage. Ostler Mortgages $ 605 Tool casM1 Flow loans $0550,000A0 $rrY $ 550,001 PROPERTY STATISTICS Operating costs Per Unit Per Year lPUPy1 $ 5.441.64 De Servlee.& Reserves 1pUPY) 4DIV/01 Debt Strike coverage Ratio IT Reloss VAl lyacmry. had deht/gross renal 39% n viable as% of Monthly Beal NDIV/01 anry&Concession 2.13Y= tto Bad Debt BY" No of Timers Receiving NA Number of Tenants on RA Wail Usk 0 ge MeodlyTenant Rent(Nre) $ ]2].44 INCOME STATEMENT ml9 SudMtto 2019aWEm apes 9apapolat" mAnual pr b SedaqSeriousAped Suppt s1635pD s (3,03rd $ 16sp ps $ 1 63,59) $ 5 13.z]11 S 1151) $ (3,422) 5 (3,27ll $ S 5 P13) S (131 5 - 6 5 52,573 s L927 5 s s x s s s. m;2ss s Rsz9 S s9,xee s 16x,v6 S 5 2LB95 5 p,37]) $ $ 21,B95 5 fZdCOU 5 z,f53 S 24,100 5 S S AYfiI Iton 6 5. le,o19 5 169a6 $ 5 wn5 vm S 5 b56 $ S $ 13,99N $$ $ 10047 5 T'1,07U S S S 6 A3R S $ 5 5 UB:319) 5 30i.]00 5 5 5 $ - 5 11,7w.. $ Occupancy. I v nil Wr r ah par P u W Om S gets fl 741.79 Il) 11L91 a 31 5 S M6 Its 5 5 1L91 a�n) s LOM s 5 S 1z1 03z) 6 5 ;aynl $ 5,442 IT 453,47 $ 5 5 S S 5 3 s HAT FY19 Attuals Copy 42o/2ozn s:os PM Hatchets Preserve RD REP INCOME 2019 to Date at Tenant 20 20 20 20 BUDGET TO ACTUAL 9 Budget par Budget Date Suppose 5 163,560 5 IS 0101 (3,271) (151) 14131 Too 19]1 162 216 R,9xP1 BUDGUTO ACTUAL 19 Budget to Gadget Date Variance 12,193 P 2951 299) REP 44) US �293 119x1 BUDGUTO ACTUAL 19 Budget to Budget Date Variance Fiscal 139 ACTUAL 19 Budget to Budget Date Variance 9,702 9z1 1,000 3,100 okloo1 25 P3) 100 100) 6.689 9z2) 1,492 226) 677 169) argon 152r1 (5,095) BUDGETTOAUUAL 19 Budget to Budget Date Variance 696 PRO13001 13,617 (13,61z) PRIORY�RCOMPARISON to True YEAR TO DATE PACROCTIONS PRIOR YEAR COMPARISON do Annual Extrapolated to 2019 to 2019 19 Extrapolated Bourat budginvarnall Bass to Date Variance 5 160 s 5 (3.00) 5 is s S,421) 132]1) FlatIz,3s%I SCSI (413) - 1413) P Bit 1651 2,570 1,627 4, It 69O 3 100 191I e0 Pal (z,928) YGPT- n0lkUlONS RCOMPARISON 19 ancestor9,898 5 12,1B3 5 t2.2951 5q 868 5 30 (Per)(133) 441 1142) YEAR TO DATE PROJEMONS—' PRIORYEAR COMPARISON 2019 Annual Extrapolated to 2019 to 2018 19 Extrapolated Budget budgetvariance 2018 to Gate Variance 5 5 5 3,639 3,900 crack xis) YEAR TO DATE IONS PIDARMEANtOMPARISON : 2019 Annual Extrapolated to 2019 to 2018 19 grairchaded Budget budget variance 2018 to Date Variance 5 182) 5 7,000 3, (3100) 2.05 I2AUe 8 (13) 105 1191 (20) 100 11001 221 2261 1169) 11491 . 3 00 15271 . 5so 5 s Is,09s1 2,247 26 s 5 Il]e12019 8 to Date variance 14,696 214 1214) 13,186 13,1661iie 959],9sa Slal,9g] '159A9]) :59r,9sa Sv0v. 153,99A 592]9e:: Ss,lsr: HAT FV19 Actuals COp4 1/z0/zozo 4L5 Pm Hatchers Preserve mmaknlegD MAIWENANk Utlymn Smile So dar y11. Indeed Stupid w A $5 S par $3000 at ovaMoSs .r' s ;a �• k. Common .Wes„" W.lxUypoem Train �a all IRS a IN$U"Na a/,p.aoo Pal sS3,atlo Stake wo q0 DO 00 �ownaaa y a ,a do �a` f' � �. s location smex . mn .no-snw tesn.nn.. Other A`« Mai rare par par am Von poor MDF How MIC nowl and Me know and it Help all Fail! Par all tout Find kept real Drift Donald Flow ponlre Farl real mon re or So an an nor on bil Martin. an to adel nr per partial nor Intentional Me MPM t never ando WomwElmdam, an pr beckmall Were de pon no in wer Internet post By an re 0 into cal treatment 7 a Compiler all effilpleal on wi Anne Nor lo, Poperell importer pJA proportional $UVTRM�ffml florefleall nxxProp all Manatex. Me nonstarter reopen Meet Matornals plate Redy Mail �n Wu $ Do staff total Al ready omm4 h� li kill 4119"Comel an but Deal Lawarn"Fall lateral 167 Bulk Landermer plan I R"M pMnur 4 S TO operationalpron; Wm.. y$ temporal < Ms m Vanelp Pal Mandl Verecal deal 101 wi "all Statements panel U��PU"Oif�d$ met Arradox"Fral fee And or Cal 10 barren Inner prol dalorflol a.nS wrorm Steel ahking retention rader manourtuatel alternate ul am kin Into �ntso<iwM I at ideal delete no ordereng mean finall alternate tell coll Harefididen kill Etwhr Daniel April RMLATMemkip reelected HATIARVIrt al dime via Impor RAMTRMS al option Fee pattern elra Moral tom pan funarly IV adopt near polar 0 KIRIPMearel dribbldw A Deal nnamem HAT Fy19 Attuais Copy 4to/zozv n:os em. ter.- �• e, r Fee IF IF ^�.'1 Ile �� w s =�$ =;7 Cypress Cove Apartments Winter loved FIL CURRENT RENT STRUCTURE. UTIL ALLOWANCE PROPERWSUMMARY' Brief they(i Annual Grant ratTexpe Units Pat Rent Rent Potiambd Ran maul Unflurrivere dovrur,. AR lane Income I mmni Credits $299$503 5 SUZO 5 Come PAR S 57 DR 99A 40 $3656610 5 204M S 245,70 ORK $ mil Bel I CA 74 14$597 S 13.893 S qRsTm IRA 5 1 At 77104KHMMEMAMI 38A 4 544YSI65 5 Z478 $ 29.136 4DR 5 167 12 unllz RI01,41 rabnwmFez Set made PROPERTY INFORMATION WORKORDERS placed in servlre Fate November nt Ma Yearta Date Employees Carrled Panvard At rent Increase$16,$16,$19.$35 sebruary x ed this Pertatl pleted NlspmloaAN SDI Outstanding 6 nIr TURNOVER WCANT UNIT STATES NRNOVERVA current o YCards D This Monte m ove ins 3 12 Made Neatly 0 # Units green Neatly Muve ou[s 0 6 Not ready R Average If Ready Days for runts occupied Us 17.7 0 thise RED 27.4 cant Units a Turnover rmW Average Turnover Dausrorwns occupied thinreleased OALANCE SHEET AS s INCOME STATEMENT R O ward Enaltasx nhows Tax R Ins Reserves PoAI-CACash $ S $ $ 68,24 6 yableNendnrs ayabtocor Raros dsVabla6ohdr 5 $ $ - - Fon g balance rending Funding unding Rnc lntme3tl WRhdmwal3 %of lunaing Connote$Pi.560AY S 5 3 5 NO2 45,791 N1a,e TOTACrediL ACCOUNTS PAYABLE 33A23 Arruals Debt Service $ - $. - Both bus s s 5 37,276 $ Accounts Receivable Tenants 5 3,68i AHRlzrez $ - construaian5. Non Rent5 NM, xoYfDEBT USO he um Mona ee 5 Other Morceag s Prior Cant 5ra north HOW Loans ll0,O0o - e TOTAL ROAR/Asai 30683 3T,t796 that Assets 5 131126 o her 5 $7,133.0 Other Dilatation S 58A6s Prepaid Rents Drain 5. PROPER" SNORSOCS DnaAersw(PUPY) eSl r Reserves Debt Service coverage Ratio Rate Varanry � bad debtsmos rndmrt tuns mileviame as ,a of Manrhly Favor M Ounufal Parentage Fnneesaon Yro BadDebtt Number of Tenants Receiving RA Number of Tenants on RA Wail List Avenel Monthly Timmer Rent Dri $4.793.49 5. 3m.m RDR ICI 836% 99.9% -0. 0 Lneg Term Assets Land 8A Improvements51,638,01 Buildings As rafrommen5Sf0T Less "= TOTAILOIRHER LIABILITIES 63,nY NotesPayabla gTilsit LAND MET ou uuis,uqv Fifteenths Vehicles &Equip $Tal $ 999,417 Retained Earnings fqulty 5 650 wained Earnings $ µ,13;i65) Net Income S 5,996 rvFT VFHr& Fnum TOTAL EQUITY 619) & Fnultt 6 Tivoli Pmlen Irtlpnler 0 olatetl nwl oeutlen Por anti nn vPitRnne1 Waalmai MonD�er Refit e3311 417.0231 SlR,4x» 6laol 5 70,93 S 15. 5 - 16.4041 5 S S 16671 latrine Less A mars SAm 5 $ l S TV 3 5 023 derroasup 61,3i8 $ tereat Farmers5 5 197 Sit $ 1.5M 5 956 5 615 5 PC5 otal lmome $ 616,516 S 601,133 S 15, S sx4age $ soo,9a $ 19, $ 9,ro6 S M mush SR.742 S Er.AlUr S Rated S S 77,174 S 4,716 S IA94 5 DARG ainsergainfie 5 5s.w755a.786 5 FE1 a) 5 st 5 71.743 5 15.0141 S am S frudery5 5.3.70 5 141R81 5 14,54fil 5 - 5 - ummra 514 OD$33,713 5 an 5 41,628 5 4QAAv 5 1.172 $ 529 5 41 5 aragionard Free 5 3ECM5 53,617 5 40,351 S 36011 5 4.340 S vol S 4203 xis A insurance $ 56.388 S 59AI 58,16Z 5 SWUP55 5 70.232 $ 10,034 5 LIND 5 9161 I Expense S 4,393 $ 299.46 5 314 S na,fiso 5 10, $ 3n,4m $ 37o too S Film me Does) S x33A3s $ S 5 xA33 5 $ z64su S 54 7UiF error capital e $ tar $ fil m 5 VA06 21,972 S 7120 5 14,757 $ 275 S sot Service $ 5 $ - 5 5 5 - $ 5 enerWA 5 20. 5 40.000 5 - 5 24,000 5 24= 5 - 5 9W 5 i5 031fleArt Management at Cash HowS0 M5 $ I4,wq S tA>Asa 399A4e S wal 5 z,33e 5 NiiEF�tt: fx iE All sAt if .: iz'�¢i a`E f.;Xz Z'.96i CCA fY19 Actuals ultilml o Cypress Cove Apartments Winter Haven, FL RD REPORT YEAR TO DATE THROUGH THE MONTH OF OCTOBER INCOME BUDGET TO ACTUAL YEAR TO DATE PROJECTIONS PRIOR YEAR COMPARISON Protected 2019 Budget to 2019 Budget 2019 Extrapolated 2019 Ani Annual End to PAT 2019 to Date Date Variance Actual Budget Variance 2018 to date Variance Iran 5 a 51S v. 5 T3&D S 54B4O8C 5 545 5,256 43 5 19 run enter Canny Lossgee (5,337) gui 1686 1e,aaal A 071 023 Izts71 1,020 -220 (2,953) 3,117 ranninerclial Bureaus S n MAINTENANCE AS OPERATING EUDGETTOAMNUAL YEAR TO DATE PROJECTIONS BUD I YEAR COMPARISON Projected ERB Budget to 2GIg Budget 2019 Extrapolated 2019Annual Annual 2019 to 2018 2019 to Date Date Variance Actual Budget Variance ONS 10 date VapailCe 524564 30 828 S (1,zssl 35,477 5 36,994 5 (1,5171 5 2usi 5 980 7451dpB% S1,790119a) 2S,185 Sol 19571 Ssa 6,651 I1,1461 9578 1 Bp571 Last S,28C 3,7Csi 3 301 (2,051) ani Mairaieraorace ex PST _ 7 rn _a 738 11,5eeGi I3 7e61 - F1,516) 84) Malntenancea operating 103,487 100,407 3,075 5 lia,l7s 1x0,aes 5 3,a90 109,9965 ja,sla) UTTRATTESPENSE PRIOR YEAR COMPARISON Projected 2019 Budget to 2019 Budget 2019 Extrapolated 2019 Annual Annual SUN to DWS Date Vulani Actual Budget Variance 201B to date V ff I I a I a a atraley Collision Areas 1 5 1, $ 1 5 15 5 MASS 5edrepy Street �unura Ls star RE Sector 3aal Extrai5,575 o, 1n9 1416) a,354 Pry yfecalle service n source tx,as5 18 642 16,034 CBS) WRIDS EXPENSES BUDGET TO ACTUAL YEAR TO DATE PROJECTIONS PRIOR YEAR COMPARISON Projected 2019 Budget to 21 Budget 2019 Extrapolated 2019ARnUal Annual 2319102018 2019 to Date Date Variance Actual Budget V a I I an C a DOES to date Variance ExpenseADMINISTRATIVE pop & Tax 16470 10217 sgat 7(a96) Expenses 952 1375 la ) -962 Internet A Cable FARR 1 773 792 Lair routine 5,301 1 f951 5,301 Otherinto 3owtins 12,934 13 513 571 15,521 16,215169a1 C 99C1 story Compensation n I1,4ssl srund - Pace mmnnortraoon Fecer 6,460 e960 IA AB 7,752 10,752 j30331 - b,460 INSURMUEANDTAXES BUDGUTOAMAL YEAR TO DATE PROJECTIONS PRIOR YEAR COMPARISON Projected 2019 Budget to 2019 Budget 2019 Extrapolated! 2019 Appeal Annual Z019 to 2018 "E" To age Date Variance Actual Budget Variance 20norrone Variance L7.41 ropery & Liability n5unni 24,723 2r625 44,919 41668 PAST 946 36 Bad desty, Coverage Insurance 5 5 CCA FV19 Actualz 11/xx/x019 9:07 nM Cypress Cove Apartments calmer Haven,n Man®r Moore seem =a swicalsa. .6 3 ]L— a anted ne remmertE ,ea.,&.Trade IfN<, oMWninn540 al Aft Felt anuottirdiboll Hall �r ARIENn example 113 Real I Tax "Far $ all Intentional Real Rod Final 726 Offur Fuel land. Randall Foure Ideal RUM" $.Via Telephone R25kir Value I dielt extra Forever road Sol 0 Move error I Revive our IV trusto El at Fer +na - mvall 3 aftlyrdir mmt�n� Hotel Real Sao Meneardeng name viz9holl�r Rd; IF cal Mom Puffiarrou frompanamere Wat Ready real $ I'M meareadound 1,814 Pont Real 3 al Fuel Fuel for IF xr r Poll3 an or >ew tlr wl It Reardlcal Val hal Real Vale 17.171 Federal ImAhlorgal Wool 1.043 um L-Indecoue Trade Hand Real Court Fee 9 S "Far Al 240 I other I uMPPI�&M MMCUF/�Mt Floor 6.41a Pul & Ul Real 5 halve E�tvsemcm 5 our Ell travel 01 Far Real nal Fall n Nxonec 5 Far He Feel & Real For arn Indent ard Real and Final Indent cover S the CCA FYi9 Acwals ssAa/xn]s s:mnM Cypress Cove Apartments Winter Haven, H. Accounts Payable PA Acwunta Recelvahle Crew SWAX mm° ^ �a — J � maw Loans TOTAL CASH 69°aparatamil Net Inwme usa�nom — imamm� �.+ifs �,. �,+ ;, �.,+F°�,: �,+�,+�.*.�4°�t. a ,^ �.>�^ �. +�.,+�,e �,s�, �,+�,,^a$,•��;a �.,6�>a�,: YEAR To nn.a«visa p arm :a. MI�__ia�sn.M . an"" \ 41NO, IWA {CA FY39Aauals vlzx/toss a:o'l nu, 16445 Old Cutler Road, Palmetto Bay, FL 33159 (305)298-1100 EDUCATION B.A. in Economics and Political Science Magna Conn Laude Duke University 1971-1974 Masters Studies in Public Policy and Public Affairs Sanford Institute of Policy Studies Duke University 1976-1977 FIONORS & L1SC Rural Chnmpimu 2019 AWARDS Miami -Dade Agriculturist of the Year2018 Affordable Hoarsing Mngnzine's Top 50 Affordable Housing Developers 2010 Miami -Dade Agriculturist of the Year 2008 Local Initiative Support Corporation's Thirricane Recovery Award 2007 Housing Assistance Council's Skip Jason Community Service Award 2006 Appointment by Governor Bush to Florida Hurricane Housing Task Force 2005 American Business Media's Willinm D. Littleford Award for Leadership in Public Service 2000 Fannie Mae Foundation Maxwell Azonrd for Excellence in Low Income Housing 1998 The Lyndhurst Foundation Young Career Prize 1985-1986 Robert F. Kennedy Memorial Fellow 1978-1979 U.S. Department of Health and Human Services Public Service Fellow 1975-1976 EXPERIENCE Real Estate Development, Finance and Property Management PmsidenC, Rural Neighborhoods, huorpornted 2005 to Date President, Everglades Housing Group, Incorporated 2005 to Date President, Big Cypress Housing Corporation 2001 to Date President, Little Manatee Housing Corporation 1999 to Date President, Everglades Community Association 1994 to Date Miami, Florida Mr. Kirk serves as Chief Executive Officer of Rural Neighborhoods, a multifamily and commercial real estate development corporation, and manages a portfolio of more than 1,700 rental apartments with $13M in annual revenues and commercial facilities totaling 50,000 sf. He has secured $200M in permanent financing from Federal, state and local government, private debt, and tax credit equity souses. Mr. Kirk directs corporate land acquisition, land use and project entitlement, market and financial feasibility analysis and coordinates project underwriting, loan closings and project compliance. He is responsible for strategic planning and external relations including press, elected officials, civic and religious and public and private financial sources. In 2010, Rural Neighborhoods was named 29t on Affordable Housing Magazine's Top 50 Developers of Affordable Housing in the United States, Mr. 1Gr1Cs real estate development projects have been featured in Affordable Housing Finance Magazine, Builder's Magazine, Planning: the Magazine of the American Planning Association and Gastronomical Management Constilfing and Real Estate Development President, Kirk & Associates, Washington, DC -Miami, FL 1983 to Date Mr. Kirk is a principal in a managemenC consulhngpractice providing expert assistance to private businesses, municipal authorities, charitable and faith -based organizations in corporate structure, taxation, finance, project design and evaluation. Substantive expertise includes areas of affordable housing, and community economic development. Mr. Kirk's affordable housing achievements nclude: - Financing of $4.6M Jordmr Commons land acquisition, infrastructure iuoprovemems for 200-unit homeownership community; - Development of $4.5M transitional housing campus consisting of 40 apartments and 50-bed SRO on surplus Homestead Air Force Base property; Historic preservation and adaptive re -use of Cuchille Residence; Development of $1.2M Biscayne Senior Housing, a 31-unit elderly and handicapped rental housing project; -- Planning, site acquisition and financing of $3.9M, 70-unit metropolitan self-help home ownership subdivision; and Financing of new construction and modernization projects of 34, 95, 97 and 17-units with combined $11.5M value on behalf of two municipalities Economic development successes include: - Social and economic needs assessment for Alaskan Native American Tribal council and resultant business plan for village heating oil enterprise; Structuring of national church -related revolving loan fund and initial loan underwriting for World Vision U.S. Ministry; Feasibility analyses of Southeast Asian refugee -owned businesses in Mississippi and Florida Gulf Coast communities; and Start-up of 500-household per week urban food cooperative in Orange County, CA on behalf of Operation Blessing and World Vision, U.S. Ministry. Management assignments include establishment of numerous tax-exempt corporations and subsidiaries and interim leadership of Maryland Association of Housing and Redevelopment Agencies. Vice President, The Enterprise Fund, Annapolis, MD 1982-1983 Mr. Kirl< serves as a principal in an organization specializing in community and economic development. He created a private investment fund to match small investors to minority -owned businesses in the Baltimore -Washington Metropolitan area. He solicited investor and donor capital, evaluated loan opportunities and reported investment performance. Mr. Kirk guided an inner-city community health center into self-sustaining care provider based on implementation of fee -for -service pricing. He also developed and marketed Federal contracts to Health and Human Service and provided technical assistance to 60+rural health clinics in Southwest. C®1VIIVITJI�IP'I'Y Chairperson, ArtSoudt 2002-2007 SERVICE Chairperson, Florida FarinivorlrerHousing Coalition 2001-2010 Board of'Directors, NeighborWorlrs National Association 2018-Date Board of Directors, Community Partneiwhip for the Homeless 2006-Date Board of Directors, Socially Accountable Fu4m Employees 2006-2010 Board of Directors, Redlands Conservancy, Homestead, FL 1997-2001 Board of Dtreemrs, Land Trust ofDade County, Aliami, FL 1996-2000 Board of Directors, D-FY-IT (Drag Free )'owh in Town) 1998-1999 Board of Directors, Consortium for Child l47elfare, Washington, DC 1992-1993 Board of'Direetors, South County Development Corporation, Annapolis, AID 1992-1993 Board of Directors, Enterprise Fund, Annapolis, MD 1982-1993 Board of Directors, Hai -vest Florida Corporation, Homestead, FL 1990-1992 Board of Directors, Council on Development, 1111ashington , DC 1986-1990 Board of Directors, National Coalition on Misuse of Pesticides, DC 1984-1987 Grant Review Board, United Way of Dade County, Miami, FL 1984-1986 Board of Directors, Youth Policy Institute, Washington, DC 1983-1984 IJOROTHY COOK, AICP Fort Myers, FL 33901 (239)940-1582 EDUCATION Bachelor of Science in Architecture Florida International University Master of Science in Urban and Regional Planning Florida State University EXPERIBNCE Real Estate Development, Finance and ReviEalizaEion Neighborhood Revitalization Manager, Rural Neighborhoods 2015 to Date Collier County, FL Neighborhood Revitalization Manager, Everglades Housing Group, Incorporated 2015 to Date Collier County, FL Ms. Cook serves as Neighborhood Re�ntalization Manager of Rural Neighborhoods, a multifamily and commercial real estate development corporation, and leads Collier County revitalization, owner -occupied repair and affordable housing development. She led owner -occupied repair in the Naples and Immokalee area for RN in the aftermath of Hurricane hrma from September 2017 to date repairing an estimated 75 homes financed by Collier County, FL, the Community Foundation of Collier County and Red Cross. Ms. Cook provides local leadership in rural Collier serving as the Housing Chairperson of the Unmet Needs Committee. Ms. Cook authored the Eden Park-Esperanza Place Neighborhood Revitalization Plan engaging more than 100 residents and 25 stakeholders in the Immokalee area. Real Estate Development Ezecartive Director, Empowerment A1Hmnce of Southwest Florida Immokalee, FL 2001 to 2014 Ms. Cook purchased land for affordable housing developments, secured private and public capital and developed infrastructure for 80 single-family homes on three parcels. She also coordinated the construction of Milagro Place, a subdivision of 27 single-family homes for low-income households in hnmokalee, L. Ms. Cook is an experienced grant writer and administrator providing housing counseling and foreclosure prevention in the aftermath of the Great Recession. She had served a 9-member Board of Directors in leading the Empowerment Alliance to strong local success. Planning Principal Planner, Southwest Florida Regional Planning Council 1993 to 2001 Ms. Coolc sewed as Regional Planner, Senior Planner and Principal Planner at [he Sw FL Regional Planning Council administering the Economic Development Program assisting local communities with economic efforts. She staffed the 30-member Economic Development Coalition working closely with local government staffs and elected officials. Ms. Cook reviewed Developments of Regional Impact and provided technical assistance to local governments. C®MIOtIUNI�'Y NCH EC Certit7ed in Housing Counseling SERVICE Past Board of Direc[ors, Collier Health Services Carey W. O'Gorman, AiC P Professional Areas of Expertise Mr. O'Gorman's planning and project management expertise ncludes: Feasibitity analysis and real estate development due diligence Criticat path scheduling and budgeting Development team selection, project financing (grants and loans), contract negotiation and management Zoning, entitlements and permitting Construction management Grant administration Education�Certifications &Affiliations Bachelor of Arts, Environmental Studies, Rollins College, Winter Park, Rorida, 1983 American Institute of Certified Planners (AICP), July, 1991 Village of North Palm Beach, Planning Commission Florida Redevelopment Association, Board of Directors Past Member American Planning Association Florida Housing Coalition, Board of Directors Past Member Florida Trust for Historic Preservation, Member _Professional E�x erience -Positions: PLACE Plannin & Desig � Inc. North Patm Beach, Florida; President, (2006 -Present) Toll Brothers Inc. Jupiter, FL; Project Manager, (2005 - 2006) Corey W O'Gorman AICP North Palm Beach, Florida; President, (2004 - 2005) Collins Development Company.Inc. Palm Beach Gardens, Florida, Project Manager, (1999 2004) Gainesville Community Redevelopment Agency, CRA Manager, (1996 - 1999) The Urban Groff Inc., Fort Lauderdale, Florida Housing & Comm Dev Director, (1993- 1996) Lee Count'\LCommunity Develo ment & C$A, Fort Myers, Florida, Senior Planner, (1989 - 1993 Allen Engineering, Cocoa Beach, FL, Permit Coordinator) (1988 - 1989) city of Titusville FL Planner, Senior Planner, Interim Planning Director, Development Coordinator, (1984- 1988) Zoning Districts, -Studies and Representations: Watergate Mobile Home Park, Boca Raton, FL, PB County ULDC Text Amendment nterim Planning Director, Lake Worth, FL Core Area Parking Regulation Amendments, Lake Worth, FL Gateway Corridor Zoning District Creation, Lake Worth, FL Mixed Use Downtown Overlay District, Tavares, FL Mixed Use Corridor Overlay District, East Fort Myers, FL Residential District Analysis & Text Change, Palm Beach Shores, FL Analysis of Impediments to Fair Housing, Miami -Dade County, Collier County, Brevard County, City of West Palm Beach, Homestead, Florida Affordable Housing Strategies, Belle Glade, FL Section 106 Historic Structures Study, St. Pete, FL CDBG Environmental Reviews -Multiple Projects, PB County, FL Consolidated Plan, Impediments to Affordable Housing, Spartanburg County, SC Clean Energy, Zoning Entitlements, Permitting, Gadsden Co, FL; Jacksonville, FL Enterprise Rent-A-Car, Zoning Entitlements, Permitting, Numerous Sites Marina Village, PUD Zoning Representation, Lake Park, FL CRA ConsulililE�.Ptannine & Imotementation: Tax Increment Analysis, Fort Myers Beach, FL Consulting Executive Director, Lake Worth, FL 2004-2006 Tax Increment Analysis, East Gainesville, FL Tax Increment Analysis, Downtown Gainesville, FL Tax Increment Analysis, Lake Worth Park of Commerce, Lake Worth, FL Downtown Tax Increment Analysis, Frostproof, FL Finding of Necessity, East Fort Myers, FL Finding of Necessity, Bonita Springs, FL Finding of Necessity, North Fort Myers, FL Finding of Necessity, Lake Worth Park of Commerce, Lake Worth, FL Redevelopment Plan, Pine Manor, Lee County, FL Redevelopment Plan, Page Park, Lee County, FL Redevelopment Plan, Bonita Springs, Lee County, FL Redevelopment Plan, Matlacha, Lee County, FL Redevelopment Plan, Dunbar, Lee County, FL Redevelopment Plan, Downtown Gainesville, Gainesville, FL Redevelopment Plan, Fifth Avenue/Pleasant Street, Gainesville, FL Redevelopment Plan, College Park/University Heights, Gainesville, FI Redevelopment Plan, Lake Worth, Lake Worth, FL Redevelopment Plan, Lake Worth Park of Commerce, Lake Worth, FL Redevelopment Plan, Margate, Margate, FL Developer Solicitation, Commerce Center, Gainesville, FL Developer Solicitation, Downtown Lake Worth, Lake Worth, FL Developer Solicitation, Deer Apartment Redevelopment, Lake Worth, FL Developer Solicitation, West Atlantic Avenue, Delay Beach, FL Developer Incentive/Negotiations, SE 2nd Place Apartments, Gainesville, FL Developer Incentive/Negotiations, University Heights Apartments, Gainesville, FL Developer Incentive/Negotiations, The Lucerne, Lake Worth, FL Projecf_ Management_ and/or Grant Administration Wiley Apartments, Lake Worth, FL Oaks at Shannon's Crossing Apts, Okeechobee, FL Eden Gardens Apts, Immokalee, FL Manatee Village Apts, Ruskin, FL Pollywog Creek Apts, LaBelle, FL Orchid Gardens, Lake Worth, FL Begonia Gardens, Lake Worth, FL American Orchid Society, Delray Beach, FL Greater Yamaha, West Palm Beach, FL Adopt -a -Family NSP2 Scattered Sites Rehabilitation and New Construction, Lake Worth, FL Pollywog Senior Housing, LaBelle, FL Habitat for Humanity, Providence Point Infrastructure Construction, Tampa, FL In The Pines Phase 1 & 2, Delray Beach, FL Howard Park Ball -park Lighting, Lake Worth, FL Latona Avenue Infrastructure, Lake Worth, FL Washington Avenue Infrastructure, Lake Worth, FL Lake Worth Municipal Pool, Lake Worth, FL AHEPA Apartments, West Palm Beach, FL DEEDCO Gardens Apartments, Homestead, FL Villa Franciscan Apts, Riviera Beach, FL Villa Madonna Apts, West Palm Beach, FL YWCA of PB County, West Palm Beach, FL HELP HOUSING. EDUCATION. LENDING PROGRAMS January 23, 2020 Steven Kirk Rural Neighborhoods 19308 SW 380`h St. Florida City, FL 33304-3529 Mr. Kirk, On behalf of the Housing Development Corporation of SW Florida, Inc., d/b/a/ HELP, I would like to confirm our interest in collaborating with Rural Neighborhoods on Solicitation 20-7698, Housing and Land Development Component at the Former Golden Gate Golf Course. HELP will provide support for this project in two critical areas, access to the Collier County Community Land Trust (CCCLT) and tenant stewardship. The Collier County Board of Commissioners (BCC) voted to award a contract to HELP on October 22, Z019 to establish a community land trust. Articles of Incorporation for the Collier County Community Land Trust were filed with the Florida Department of State on October 24, 2019. An initial Board of Directors has been seated, and the By Laws are in the approval process. HELP currently serves as the managing entity for the CCCLT, and has the capacity to serve as a fiscal agent until such time as the CCCLT receives 501(c)3 tax-exempt status. For the purposes of this project, the CCCLT will accept a land lease on the property from Collier County Government. We will in turn work with Rural Neighborhoods to create a 99-year ground lease to ensure the development maintains affordability in perpetuity. Additionally, our organization is equipped and prepared to provide comprehensive tenant recruitment and stewardship services. Housing Development Corporation of SW Florida, Inc, d/b/a HELP, is the only HUD - approved non-profit housing counseling agency in Collier County, Florida. We have provided home buyer education and individual credit/financial counseling since 2008. The current staff consists of 3 highly qualified full-time counselors, a part-time foreclosure intervention specialist, and a part-time home buyer education provider with over 9 years of experience. The three full-time counselors have all completed individual HUD Housing Counselor Certification, and are in the process of completing a comprehensive 12-week Certification in Financial Capability program. Two of the full-time staff, the foreclosure intervention specialist, and the part- time educator are bilingual in English and Spanish. We presently hold at least one 8-hour home buyer education workshop per month, alternating between English and Spanish. In 2019, we had a total of 376 participants in our local home buyer education program. An additional 667 individual financial/credit counseling sessions were conducted. Many of the individuals we see through our education and counseling services are housing cost -burdened, spending more than 30%of their gross income on housing. We are ideally suited to provide information on this proposed project and recruit eligible tenants. 3200 Bailey Lane Ste, 109 •Naples, FL 34105 • (239) 434-2397 •Fax: (239) 430-2387 • www.floridahelp.org HELP recently engaged in conversations with Collier County Public Schools (CCPS) to promote our education and counseling services. We will be participating in a Financial Wellness event conducted by CCPS for their employees on February 25 and February 26. We have plans to connect with the Collier County Sheriffs office in the very near future. We will make a concerted effort to partner with all employers of Essential Service Personnel (ESP) in Collier County to promote this project and engage with prospective tenants. We envision this development as a tremendous recruiting tool for ESP employers, as lack of affordable housing continues to be a barrier for many prospective new hires. Ongoing tenant stewardship will be a vital part of this project. We would encourage access to onsite financial literacy education and individual financial coaching. The Essential Service Personnel renting through the community will be offered opportunities to work with a financial coach and create an action plan to put them on a path towards home ownership. HELP entered into an agreement with the Collier County Community and Human Services office in 2019 to administer purchase assistance funds through the State Housing Initiatives Partnership (SHIP) Program. We will continue to pursue these and additional down payment assistance funds annually to create more home ownership resources. The community benefits greatly by having providers of essential services establishing roots and living near their place of employment. Please contact me if you have any questions or concerns regarding our proposed role in this project. We look forward to the opportunity to collaborate and create an innovative solution to the pervasive housing affordability issue in Collier County. Regards, Michael Puchalla Executive Director 3200 Bailey Lane Ste. 109 •Naples, FL 34105 • (239) 434-2397 •Fax: (239) 430-2387 • www.floridahelp.org Financing Land Acquisition and Graund Lease Rural Neighborhoods proposes that title for the Golden Gates Golf Course land selected for its proposed rental communities be held by the newly created Collier County Community Land Trust (CLT) in perpetuity to ensure project affordability throughout its economic life. [See Letter of Support attached]. It proposes the CLT enter into ground leases with an RN controlled, single -purpose entities to provide liability protection to owner and local government. Lessee The lessee for Compairent 1 Seniors and Veterans Housing will be a to -be -formed Florida limited partnership with a sole general partner which will be owned by Everglades Housing Trust, Incorporated (ENT). EHT is a 501(c)(3) tax-exempt, controlled entity of Rural Neighborhoods, Incorporated. The lessee for Component � Essential Services Households will be a to -be -formed limited liability company having Everglades Housing Trust, Incorporated as its sole member. The use of a tax-exempt sole member bestows Federal and ad valorem tax exemptions on the newly formed entity. Closing Date The project Timeline in Evaluation Criteria 2 Business Plan anticipates the land closing foI the Component 1 and Component 2 parcels to be December and August 2021, respectively. This is dependent on the timing of the required re -zoning approvals required to attain appropriate densities and the success of the development team in (1) securing Housing Credits from Florida Housing Finance Corporation for Component 1 and (2) private sector debt or tax-exempt bonds for Component 2. Estimated Construction Costs USES Acquisition/Land Accounting Appraisal Architect Fees - Design/Superv. Building Permits Engineering & Survey Fees Environmental & Soils Finance Fees Green Certification Net Impact Fees Inspection Fees Insurance - Bldrs Risk Insurance - Perm Legal Fees Market Study Property Taxes Utility Connection Fees Tax Credit Fees Title Insurance & Recording Marketing Operating Reserve Soft Cost Contingency Construction Loan Interest Construction Costs Hard Cost Contingency FFE/Amenfties Washers/Dryers Developer Fee TOTAL USES SOURCES TAX CREDIT EQUITY 1ST MORTGAGE -CONVENTIONAL 2ND MORTGAGE -COLLIER COUNTY COMMUNITY FOUNDATION DONOR INVESTMENT DEFERRED DEVELOPER FEE TOTALSOURCES HOUSING DEVELOPMENT COST PROFORMA RER UNIT TOTAL ELIGIBLE COSTS COSTS BASIS 0 0 0 750 753000 75,000 65 63500 67500 6,500 650,000 650;000 3,500 350,000 350,000 3,200 320,000 320,000 500 502000 257000 31660 366,000 156,000 500 50,000 50,000 0 0 0 600 60,000 60,000 13458 145,777 145,777 900 90,000 0 31000 300,000 300,000 55 5,500 51500 0 0 0 22000 200,000 200,000 31301 330,065 0 2,000 200,000 200,000 11000 1007000 0 0 0 11466 146,642 0 83137 813,658 8132658 1323525 13,2527499 13,2522499 63910 690,987 690,987 42000 4002000 400,000 12700 1707000 0 307017 31001,743 31001,743 217,744 21,7743371 20j7O27664 156,384 15,638,436 25,000 2;500,000 51000 5007000 201000 2,0001000 11,359 1,135,935 217,744 212774,371 Size 1 BR/1 BA30 % 1 BR/1 BA60 % Gross Rental Income Plus: Washer/Dryer Rentals Plus: Other Income Total: Gross Potential Income Less: Vacancy Effective Gross Income Less: Operating Expenses Less: Replacement Reserve Net Operating Income DEBT SERVICE: 1ST MORTGAGE -CONVENTIONAL 2ND MORTGAGE -COLLIER COUNTY COMMUNITY FOUNDATION DONOR INVESTMENT Remaining Cash Flow Debt Service Coverage COMPONENT 1-SENIORS & VETERANS MOUSING OPERATING PROFORMA 2019 Less: No. Units Gross Rent UtII.Allow Max Net Rent 10 441 (69) 372 90 882 (69) 813 Total 100 45 MONTH 6d°lo CAPTURE 10 MONTH 100% CAPTURE 5.0 % $67507 per unit $300 per unit TOTAL $6,807 per unit $25,000 $2,500,000 5.5a% 5,000 504,OQ0 0.00% 20,000 2,000,000 0.00% ■ Annteai Onoome 44,640 878,040 922,680 32,400 12.000 44400 967,080 (48,354) 918,726 (650,736} (30 000) (680,736) 257,990 (170,337} 0 0 40 GROSS RENTAL INCOME PLUS: OTHER INCOME LESS: VACANCY EFFECTIVE GROSS INCOME EXPENSE ASSUMPTIONS: MANAGEMENT FEE(5%) MARKETING/ADMINISTRATION ELECTRIC WATERISEWER WASTE REMOVAL PAYROLL MAINTENANCE/REPAIR CONTRACT SERVICES INSURANCE TAXES RESERVES NET OPERATING INCOME DEBT SERVICE CASH FLOW DEBT SEVICE COVERAGE Year Year Year Year Years Year Year Year Year Year 10 Year 11 Year 12 Year 13 Year 14 Year 15 2.00% 922,680 941,134 959,956 979,155 9983739 1,0181713 19039,088 1,059,869 12081,067 11023688 13124,742 1,147,237 1,1701181 11193,585 1,217,457 44,400 45,288 46,194 47,118 48,060 49,021 50,002 51,002 52,022 53,062 547123 555206 563310 57,436 58,585 3.00% PER UNIT 459 45,936 46,855 47,792 48,748 49,723 50,717 51,732 525766 53,822 542898 55,996 575116 58,258 59,424 60,612 450 45,000 46,350 47,741 497173 50,648 52,167 532732 55,344 573005 58,715 60,47E 625291 64, 159 665084 68,067 325 32,500 331475 34,479 35,514 36,579 37,676 38,807 39,971 413170 42,405 43,677 443988 465337 472727 491159 450 45,000 46,350 47,741 49,173 50,648 52,167 53,732 553344 57,005 58,715 60,476 62,291 64,159 66,084 68,067 225 22,500 23,175 23,870 24,586 25,324 26,084 26,866 273672 285502 29,357 30,238 31,145 32,080 332042 3033 11920 192,000 197,760 203,693 2097804 216,098 222,591 2293258 236,136 243,220 250,516 2583032 265,773 2732746 281,958 290,417 400 403000 41,200 42,436 43,709 45,020 46,371 47,762 49,195 507671 52,191 533757 55,369 57,030 55,741 60,504 828 82,800 85,284 87,843 90,478 93,192 957988 98,868 101,834 104,889 108,035 111,276 114,615 118,053 1212595 125,242 650 65,000 66,950 68,959 71,027 73,158 75,353 77,613 797942 82,340 84,810 87,355 89,975 92,674 952455 98,318 800 80,000 82,400 84,872 873418 90,041 92,742 953524 98,390 101,342 104,382 107,513 11 (%739 114,061 117,483 1213007 300 30,000 30,900 31,827 32,782 33,765 34,776 35,822 36,896 38,003 39,143 40,317 41,527 42773 44056 45,378 6,807 680,736 700,699 721,251 742,411 764,196 786,625 809,716 833,490 857,967 883,168 909,114 935,828 963,331 991,649 110205804 21380 237,990 236,401 234,591 2327548 2302263 227,723 224,919 221,837 218,467 214,794 2104808 206:493 201,835 196,821 191,436 (170)337) (170,337) (170,337) (170,337) (170,337) (170,337) (170,337) (170,337) (170,337) (170,337) (170,337) (170,337) (170,337) (170:337) (1702337) 672653 66,065 647254 62,212 59,926. 57,386 545582 513500 48,130 44,458 40,471 36,156 31,499 26,485 21,099 1.40 1.39 1.38 1.37 1.35 1.34 1.32 1.30 1.28 1.26 1.24 1.21 1.18 1.16 1.12 JANAURY 28, 2020 COMPONENT 2=ESSENTIAL SERVICES HOUSEHOLDS 260 workforce units DEVELOPMENT COST PROFORMA USES Acquisition Land Accounting Appraisal Architect Fees - Design Architect Fees - Supervision Building Permits Engineering Fees Environmental Soils Green Certification Impact Fees Inspection Fees Insurance -Builder's Risk, GL/Excess & Completed Ops Insurance -Perm Legal Fees -Borrower Market Study Marketing/Advertising Property Taxes Utility Connection Fees Title Insurance/Recording Finance Fees Soft Cost Contingency Construction Loan Interest Construction Costs Hard Cost Contingency FIFE Washers/Dryers Developer Fee Total Uses PER UNIT TOTAL COSTS COSTS 0 0 300 75,000 26 6,500 21600 650,000 576 144,000 3,500 875,000 33200 800,000 100 25,000 100 25,000 300 75,000 0 0 240 60,000 17536 3842037 900 225,000 900 225,000 22 5,500 31200 800,000 0 0 21000 500,000 1,600 400,000 41000 1,000, 000 12055 2633752 9,120 232803000 139,650 341912,499 62982 117455625 3:200 800,000 1,200 300,000 17,692 41423,087 204,000 51900%000 •t Mu2 Il�r, % of Mediam Income and Number of Bedrooms / Bathrooms No. Units 1BR/1BA80% 12 1BR/1BA100% 25 1BR/1BA120% 13 50 2BR/2BA80% 37 2BR/26A100% 75 2SR/2BA120% - 38 150 3BR/2BA80% 12 3BR/2BA100% 25 3BR/2BA120 % 13 50 TOTAL 250 Gross Rental Income Plus: Other Income TOTAL Gross Potential Income Less: Vacancy/Collection Loss Effective Gross Income Less: Operating Expenses Less: Replacement Reserve DEBT SERVICE: 1ST MORTGAGE -CONVENTIONAL COMMUNITY FOUNDATION DONOR INVESTMENT TOTAL COMPONENT 2•ESSENTIAL SERVICES HOUSEHOLDS ®ITERATING PROFORMA electric only 2019 Less: Gross Rent LIM. Allow Max Net Rent 1176 (69) 1107 1470 (69) 1401 1764 (69) 1695 1410 (94) 1316 1812 (94) 1718 2215 (94) 2121 1629 (123) 1506 2036 (123) 1913 2443 (123) 2320 100% capture 60.aa month $5,672 per unit $200 per unit 5,872 total 82.35% 168,000 42,000,000 5.00°fo 17.65% 36,000 9,000,000 0.00% 100.00% 204,000 5170001000 Proforma Net Rent 1107 1401 1695 no ad valorem 1316 1718 2121 1506 1913 2320 Annual Income 159,408 420,300 264,420 584,304 546,200 967;176 216,864 573,900 361,920 5,OS4,4S2 1807000 1807000 5,274,492 (316,470) 4,958,022 (2,705,581} a (2,705,581) Remaening Cash Ffow 4 Debt Service Coverage 1.29 COMPONENT 2-ESSENTIAL SERVICES HOUSEHOLDS 260 units 16 YEAR OPERATING PROFORMA Years Year2 Year$ Year Years Yaar6 Year YearB Year Year10 Year 11 Year 12 Year 13 Year 14 Year 15 GROSS RENT POTENTIAL 2.00% 51094,492 5119S382 5,300,309 5,40W,316 5,514,442 5,624,731 5,737,225 5,851,970 5,969,009 6,088,390 6,2102957 6,334,3W 6,461,048 6,590,269 6,7220074 PLUS: OTHER INCOME 180,000 183,600 187,272 191,017 194,838 1984735 202,709 206,763 210,899 215,117 219,419 22307 228,2B4 232,849 237,506 LESS: VACANCY _ (316,470) (322,799) (329255) (336840) (3425571 (349408) (356396) (363524) (370794) (378210) (385775} (393490) (401360) (409387) (417575) EFFECTIVE GROSS INCOME 4,958,022 5,05],183 5*158,327 5,261,493 5,366,]23 5,474,057 5,583,539 5,695,209 5,809,114 5,925,2% 6,043,802 6.164,678 6,287,971 61413,731 6,642.005 EXPENSE ASSUMPTIONS: 3.00% PERUNIT MANAGEMENT FEE(3%) 595 148,741 151,715 164,750 157,845 161,002 164,222 167,506 170,856 1741273 1772759 1814314 184,940 168,639 192,412 1%,260 MARKETINGIADMIN 850 21Z500 218,875 225,441 232,204 239,171 246,346 253,736 2691346 269,189 2T7,264 285,582 294,150 302.974 312,063 32t,425 ELECTRIC 350 87,500 90,125 92,829 95,614 98,482 101.436 904,480 107,614 110,842 114,166 117,593 121,120 924,754 128,497 132,$52 WATERISEWER (submeteme) 150 37,600 38,625 39,784 40,977 42,207 4$,473 44,T/7 45,120 47,504 48,929 50,397 51,909 53,466 55,070 56,722 WASTE REMOVAL 225 56,250 5T,938 59,676 61,466 63,310 65,209 67,165 69,180 71,2W 73,393 75,595 774863 800199 82,605 85,083 PAYROLL 12486 371,500 382,645 394,124 4051948 418,127 430,670 443,590 456,898 470,W5 464*723 499,265 514,243 529,670 545,560 561,927 MAINTENANCEIREPAIR 400 100,000 103,000 106,090 109,273 112,551 115.927 119,405 122,987 126,877 130,477 1341392 138,423 142,576 146,853 151,259 CONTRACT SERVICES 916 229,000 235,870 242,946 250,234 267,742 2B5,474 273.438 281,641 290,MM 2984793 307,757 316,990 326,499 336,294 346,383 INSURANCE 650 162,500 167,375 172*396 177,566 182,895 188,362 194,033 1990855 205,850 212,026 218,366 2244938 231,SW 236,637 245,796 TAXES 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 RESERVES 250 62.500 64375 66306 68295 70344 72455 74628 76867 79173 89548 83995 86,515 69110 91783 K537 5,872 14467,991 1,510,543 11554,342 1,5W,425 11645,829 11693,594 1,742,760 1,793,367 1,845,460 1,599,081 1,954,276 2,011 09t 2,069.574 2,129,775 2,191,749 NETOPERATING INCOME 3,49%032 3,646,640 3,603,984 3,662,0W 3,720,894 3,780,463 3,840,779 3,9010642 3,963,654 4,026,215 41069,526 4,153,587 4,218,397 4,283,956 4,350,251 DESTSERVICE (21705,581) (2,705,581) (2,705,581) 12,705,581 (2,705,589) (2,705,581) (2,705,581) (2,705,551) (2,705,581} (2,705,589) (21705,581) (2,705,581) (2,705,581) (2,705,581) (2,705,581) CASH FLOW 784,451 841,059 898,403 956,487 1,095,313 1,974,882 1,135,198 ti96,251 1,258,073 1,320,634 1,363,945 1,448,006 1,512,616 1,576,375 1,644,680 Oebt Service Coverage 1.29 1.31 t.33 1-' 1.38 1.40 1.42 1.44 1.46 IA9 1.51 1.54 1.56 1.58 1.61 Part 2 Evaluation_ Criteria _5;_ FinancialCapaaty -of the _Firm_ Balance Sheet Rural Neighborhoods provides an unaudited stand -atone Balance Sheet for the period ending December 31", 2019. The attached is presented as a stand-alone financial statement. The consolidated audits also attached report all activities of the company and its subsidiaries as a combined entity. RN does not generally provide quarterly consolidated statements. The Balance Sheet shows RN to have Total Cash Assets of $35401,565. Financial Reports Financial Resorts Rural Neighborhoods provides its most recent full and complete audited financial statement for the period ending December 31s`, 2018 together with Management Letter. RN also provides four additional audited Balance Sheets and Income and Expense statements from the audit reports listed below constituting five years. Full and complete reports and Management Letters for the older periods are available on request due to their length. Rural Neighborhoods, Incorporated and its Affiliates Consolidated Financial Statement (with Supplemental Information) and Independent Auditors Report for period ending December 31s`, 2018 Balance Sheet and Income and Expense for period ending December 31s`, 2017 Balance Sheet and Income and Expense for period ending December 315`, 2016 Balance Sheet and Income and Expense for period ending December 31', 2015 Balance Sheet and Income and Expense for period ending December 31s`, 2014 Creditworthiness to Construct Capitalize and Operate the Facility Rural Neighborhoods has strong financial capability to undertake the proposed rental facilities. Its most recent consolidated audited financial statement shows the not for profit corporation to have current assets of $7,723,999 including $6,221,939 in cash and cash equivalents. Total assets equal $143,486,723 and net assets for the period ending December 31", 2018 total $60,883,441. Readers should discern and note in their review that negative entries in Changes in Net Assets are largely attributable to Depreciation expense ($4,688,879 in 2019). This is common to consolidated statements for corporations engaged in real estate. RN's current creditworthiness and financial health is commensurate with the most recent financial statement. No adverse material changes are known to affect the corporation. Rural Neighborhoods and its affiliates, e.g. Big Cypress Housing Corporation, Oak Marsh, LLC, Eden Gardens Apartments Limited Partnership and Everglades Supportive Housing, are current and/or past loan and grant recipients of Collier County, FL, specifically the Community and Human Services Division. RN has a strong record of sound financial and successful programmatic performance including, but not limited, to rental housing development, construction and rehabilitation and owner -occupied home rehabilitation. It s in good standing on all loan indebtedness and grant agreements. Rural Neighborhoods is also a past grant recipient of the Community Foundation of Collier County including its most recent award in which it repaired owner -occupied dwellings in Collier County, FL damaged as a result of Hurricane Irma. RN was among CFCC's 2018 recipients receiving the Harvey Kapnick Award for a non-profit that has distinguished itself by exemplifying program excellence. " RN's Everglades Housing Group, Incorporated (EHG) is identified in this proposal as a relatecl entity that will provide property and asset management to the completed rental communities. EHG's Balance Sheet and Income and Expense statements from its most recent audited financial statement are also attached. Full and complete financial reports ncluding Management Letters are available for this and other periods upon request. The most recent report shows EHG to have current assets of $1,076,899 including $320,236 n cash. Net assets total $921,324. Excess revenue over expenses for the period ending December 31s`, 2018 total $212,879. EHG is an authorized property manager approved by Florida Housing Finance Corporation, US Housing and Urban Development and USDA Rural Development. EHG's financial strength and governmental approvals demonstrates its capacity to manage the constructed rental communities. Litigation None. Rural Neighborhoods, Incorporated, a Florida not -for -profit corporation, certifies that there is no pending or, to its knowledge, threatened gation or other proceeding (civil, criminal, administrative, arbitration or otherwise) against or involving the corporation or its Officers or otherwise affecting the corporation. Part 1: Financing Land Acquisition and rOUnd Lease Rural Neighborhoods proposes that title for the Golden Gates Golf Course (and selected for its proposed rental communities be held by the newly created Collier County Community Land Trust (CLT) in perpetuity to ensure project affordability throughout its economic life. [See Letter of Support attached]. It proposes the CLT enter into ground leases with an RN controlled, single -purpose entities to provide liability protection to owner and local government. Lessee The lessee for Component 1 Seniors and Veterans Housing will be a to -be -formed Florida limited partnership with a sole general partner which will be owned by Everglades Housing Trust, Incorporated (EHT). EHT is a 501(c)(3) tax-exempt, controlled entity of Rural Neighborhoods, Incorporated. The lessee for Component Z Essential Services Households will be a to -be -formed limited liability company having Everglades Housing Trust, Incorporated as its sole member. The use of a tax-exempt sole member bestows Federal and ad valorem tax exemptions on the newly formed entity. Closing Date The project Timeline in Evaluation Criteria 2 Business Plan anticipates the land closing foI the Component 1 and Component 2 parcels to be December and August 2021, respectively. This is dependent on the timing of the required rezoning approvals required to attain appropriate densities and the success of the development team in (1) securing Housing Credits from Florida Housing Finance Corporation for Component 1 and (2) private sector debt or tax-exempt bonds for Component 2. Estimated Construction Costs Projected Rental Rates XUC nleaae: 4/1gI291B 20181ncome Llmib end Rent Limll9 Implement on or before MM19 Florida Housing Finance Corporation Ebodes: 41WW19 Multifamily Rental Programs (except HOME and SHIP) and CWHIP Homeownership Program FHFC Posted- St?EMI➢ WRenbp Ncame L9nit by NumberMPerears In Household Rent Lim it by NumbarolSselmome In Unit County(Metro) Cxpary 1 2 3 4 5 6 7 6 9 10 0 1 2 3 4 5 Collor County 20% 1019811 12,510 14,100 15,M0 16,920 19,180 19,420 20,680 21,924 231177 2T4 204 352 407 454 $01 (Naples-Immo9sise- 26% 13,725 15,675 17,626 194575 21,150 22,725 24,275 25,850 27,405 28,971 343 387 440 509 568 625 Maw Island MBA) 15,372 17,59 19,740 21,924 23,6M 25,452 27,198 26,952 30,W4 32,448 384 411 493 570 636 701 30% 16,470 18,810 21,1N 23,490 2513BO 271270 29,130 31,020 32,8M 34,765 411 441 528 610 681 751 33% 161117 201691 234265 26,839 27,916 29,997 32tC43 34,122 36,175 38,242 452 485 501 671 749 827 35% 1%215 2119M 24,676 27,405 29,810 310815 334985 36,190 38,387 40,569 480 514 616 712 706 877 40% 21,900 25,080 28,2N 31,320 33,840 36,360 311,1140 41,300 43,6M 45,354 349 Hill 705 814 902 1,002 45% _ 24,705 T8,215 319725 35,235 38,070 40,905 43,695 46,530 49,329 52,148 (111 661 793 916 11022 11127 50% 27,450 31,350 35,2N 30,150 4;3N 45;150 48,SM 51,70- 54,610 67,942 686 735 011 1,OiB 11138 11253 60% 32,940 37,620 42,30D 46,980 50,760 64,540 68,280 62,040 9,772 69630 823 882 1,057 1,221 1,363 1,603 70% 38,430 431590 49,350 54,810 5;220 63,630 $1,970 72,380 7S,T34 811119 NO 11020 11233 IA25 11520 11754 Median: 78,300 80% 43,920 50_160_ 56,400 62,640 67,600 72720 77,680 82,720 87,ON 92707 10098 1,176 11410 1,8T9 1,818 2,005 120% 66,BN 75,740 101,620 iN,080 110,520 124,060 iJ1AI1 1,647 1,761 2,116 2,IM ;727 3,N7 8/,N0 93,M0 1JB,N1 TB,8N 67,780 98,700 109,620 118,440 127,260 135*940 144,760 153,488 162,238 1,921 2,058 2,467 2,050 3,181 3,5M HERA Special Limb 25%-HS 13,826 15,800 17,776 19,750 21,3M 22926 24,500 29,075 279660 21 Z 370 444 77 679 mm 632 pn Section 142(d)i2)(E3 28%-HS 15,484 17,696 19,808 22,120 23,912 25,876 27,440 29,204 304988 32,738 414 497 675 641 708 (es1. 2009) 30%-HS 18,590 %2N 21,330 2317M 252620 271510 29AN 31,290 33,180 35, 414 444 583 618 M7 7M For on; hypm7ech that 33%-HB iB,TM 20,856 23,M3 26,070 28,182 N,281 32,340 34,/19 38,498 1 CO- 48B SN 878 758 831 pi"Insemkeetleast 35%-H6 19,355 22,120 24,MS 27,050 20,890 32,N5 341300 36,505 38171 0,922 483 510 522 719 002 M5 one building on or 40%-HS 22,120 25,2N 28,440 MAN 344160 365680 39,200 41,720 44 48,7N 653 592 711 822 917 1,011 M%-H8 N%-HS 0 55,3N 6;61/ 584460 422 691 before IM1120M 21,BM 27,8N 26,4M 31,eN 71,995 35,5N 36,M0 �,SN 38,M0 42,7N 11,266 45,BN M,100 49,0N 46,M5 50 BM 740 700 88B B24 1,027 1,031 11146 1,137 11264 N%-HB 33,iM 37,920 12,8M 67,4N 51,2M fi5,ON 5B,8N 6 M,380 70,152 B29 888 1,066 1,2J3 1,J75 1,517 Rent Limit by Number of Bedrooms in Unit 0 1 2 3 4 5 274 294 352 407 454 501 343 367 440 509 568 626 384 411 493 570 636 701 411 441 528 610 681 452 485 511 611 827 480 514 616 712877 /090mg 549 588 705 814 11002 617 661 793 1,022 11127 686 735 81 9018 1r136 11253 823 882 ;r2*33 1,221 1,363 1,503 960 1,029 1,425 1,590 19754 11098 1,176 19410 1,629 1,818 21005 19647 19764 2,115 21443 121727 3r007 1921, 2058, 2,467 12,850 1311181 31508 Rural N borhoods projects the gross rents for Uyinponent 1 and 2 to be as shown below ba aon the HUD -published rents associated the 30%, 60%, 80% and 120% AMIs for Collier County, FL. Gross rents are reduced by FHFC or local government authorized utility allowances. The amount varies based on unit size, building energy efficiency, local utility rates and landlord paid utilities, if any. In the pro forma that follow, RN proposes to provide residents water and trash removal with residents responsible for electric usage. Senior/Veteran 1B1/111 rents range from $372 to $813 per month -rising to $1,107 should market studies show 80% AM[ rent limits viable in the Naples MSA. Essential Services Household rents cover a broader range given 1-, 2- and 3 bedroom choices and 80% to $120% AMIs. #, 91f income -averaging is selected and units offered at 80% AMI. COMPONEtQT 2 ESSENTIAL SERVICES 91f income -averaging is selected and units offered at 80% AMI. COMPONEtQT 2 ESSENTIAL SERVICES AMI UNrr SIZE GROSS RENT UA NEi RENT 80% 1BR/lBA $1,176 $69 $1,107 100% 1BR/lBA $1A70 $69 $12401 120%9 1BR/1BA $1,764 $69 $1,695 80% 2BR/2BA $1,410 $94 $1,316 100% 2BR/2BA $1,812 $94 $1,718 120% 2BR/2BA $2,215 $94 $2,121 80% 3BR/3BA $13629 $123 $1,506 100% 3BR/3BA $22036 $123 $1,913 120% 3BR/3BA $2,443 $123 $2,230 Contingencies and Reserves The financial projects presented include five percent (5.0%) hard and soft cost contingencies typical to Total Development Cost pro forma. In each Operating Pro Forma, replacement reserves are budgeted at $300 per unit per annum. Project Financing Sources Component 1 Rural Neighborhoods proposes layered financing to construct the proposed 100 units targeting seniors and veterans. First, Housing Credits will be sought from Florida Housing Finance Corporation under the Locat Government Area of Opportunity [LGAO] goat in the annual Medium County allocation. This RFA is typically issued in November and scoring announced in February. The LGAO goal requires local government to designate a single project as a local priority and to invest approximately $500,000 in cash loan/grant. [The specific amount depends on the type of structure and construction method.] Two LGAO projects are typically awarded fand successful jurisdictions must wait out future rounds until others are funded resulting in a less competitive cycle than overall pool. RN projects $15 638 436 in tax credit-e-qutty capital. Financing is also secured through a conventional 1s` mortga e from a financial institution. RN's pro forma seeks U.500.000 in debt. It projects debt capital to be readily available f underwriting standards are met; the Naples MSA has a significant number of banking options, and there is significant Community Reinvestment Act demand for affordable housing investments. Public funds totaling 500 000 are requested from Collier County io meet FHFCs LGAO requirements. Funds may be a grant to the nonprofit general partner, e.g. SHIP or local housing trust fund, or through a loan to the partnership at a rate of 0% per annum and a maturity thirty (30) years from initial closing with the principal forgiven at maturity, provided the subject development remains affordable in accordance with the income and rent restrictions set at the outset. RN requests the Community Foundation of Collier County make a $2,000,000 investment n a manner similar to local government. Component Z Financing for Essential Services is based on conventional debt dependent but targets higher AMI households. Nonetheless, the qualified residents are expected to earn higher income than Seniors/Veterans. Financial institutions provide $42,000,000 in debt capital together with a $9,000,000 investment of donor funds from the Community Foundation of Collier. Given the conventional sources, Component 2 may move forward upon completion of planning and zoning and the award of site control without concern to funding cycles. RURAL NEIGHBORHOODS, INCORPORATED BALANCE SHEET December 31, 2019 Unaudited Accrural (Not Consoldated) ASSETS CURRENT ASSETS Cash Cash - Operating 1050-01 - Operational Checking 122813,18 1050-02 - Money Market 1,8887751.75 Total Operating Cash $ 1,901,564.93 Cash - Restricted 1070-05 - Certificates of Deposit 13500,000.00 Total Restricted Cash $ 1,500,000.00 Total Cash $ 3,4017564.93 Accounts Receivable 1210-00 - Accounts Receivable 409,157.11 Total Accounts Receivable $ 409,157.11 Deposits and Prepaids 1330-11 - Prepaid Insurance 335315,09 Total Deposits and Prepaids $ 33,315.09 TOTAL CURRENT ASSETS $ 3,8443037.13 Fixed Assets Vehicles and Equipment 1420-02 - Office Equipment 9,029.45 1420-99 - Accumulated Depreciation (93029,45) Total Vehicles and Equipment $ 0.00 Total Fixed Assets $ 0.00 Other Assets Mortgages, Notes & Advances Cash Flow Loans 1610-01 - Everglades Housing Trust 875,000.00 Total Cash Flow Loans $ 875,000.00 Pre Development Advances 1620-04 Deer Creek Senior Housing 1507000,05 Total Pre Development Advances $ 1503000,05 Post Development Loans 1630-01 -Casa Cesar Chavez 375,000.00 1630-04 - Eden Gardens, LP (Legal) 529,299.72 1630-05 - Everglades Supportive (Leggy 95,000.00 1630-06 - Hatchers Preserve 175,000.00 Total Post Development Loans $ 171743299,72 Inter Entity Mortgages 1640-01 -Live Oak Villas I 1,575,000.00 1640-03 - Oaks @ Shannons Crossin; 500,000.00 1640-04 - Eden Gardens LP (HUD) 271,306.00 1640-10 - Hatchers Preserve - NWA 550000.00 1640-11 - FNPS 2747 Eden Ave 112,038.51 1640-12 - FNPS 2751 Eden Ave 84,388.63 Total Inter Entity Mortgages $ 3,0927733.14 Total Mortgages, Notes &Advances $ 5,292,032.91 Developer Fee Receivable 1710 02 Live Oak Villas II 1710-04 - Eden Gardens LP 1710-05 - Everglades Supportive Housin 1710-06 - Eden Gardens II LLC Total Developer Fee Receivable Investments 1800-04 -Eden Gardens II LLC 21,766.00 134,072.66 172409,27 71, 529.67 244,777.60 719, 389.57 1800-05 1800-06 Community Foundation Endo Community Foundation Exper Total Investments Total Other Assets TOTAL ASSETS LIABILITIES AND NET ASSETS Current Liabilities Accounts Payable 2000-01 - Accounts Payable Vendors 2000-02 - Accounts Payable Affliates Total Accounts Payable Accruals Accrued Expenses 2020-03 - Accrued Audit Fees Total Accrued Expenses Total Accruals Total Current Liabilities Long Term Liabilities Other Long Term Liabilities 2700-02 -Contingent Liability 2750-01 - Jack Campbell Scholarship Fund Total Other Long Term Liabilities Total Long Term Liabilities Retained Earnings Equity Accounts 2900-00 -Retained Earnings 2900-01 - Investor Equity 2900-11 - NW Real Estate Equity Total Equity Accounts Project Net Income (loss) Total Retained Earnings 11,630,55 7,368,10 738,388.22 $ 62275,198.73 $ 10,119,235.86 412.81 20.977.64 $ 21,390.45 30,000.00 $ 30,000.00 $ 30,000.00 $ 51,390.45 1,126,909.77 15,454.24 $ 1,142,364.01 It 1,142,364.01 10,556,555.12 (2,442,346.37) 3435000.00 $ 82457,208.75 4689272.65 $ 8,925,481.40 TOTAL LIABILITIES AND NET ASSETS $ 10 119 235.86 TIDWELL group May 29, 2019 To the Management of Rural Neighborhoods, Inc and Its Affiliates We have audited the financial statements of Rural Neighborhoods, Inc and Its Affiliates (the Corporation) for the year ended December 31, 2018, and have issued our report thereon dated May 29, 2019. Professional standards require that we provide you with information about our responsibilities under generally accepted auditing standards, as well as certain information related to the planned scope and timing of our audit. We have communicated such information in our letter to you dated August 31, 2018. Professional standards also require that we communicate to you the following information related to our audit. Significant Audit Findings Qualitative Aspects of'Accounting Practices Management is responsible for the selection and use of appropriate accounting policies. The significant accounting policies used by Rural Neighborhoods, Inc and Its Affiliates are described in Note 2 to the financial statements. As described in Note 2, the Organization adopted ASU 2016-14 (ASU), Presentation of Financial Statements of Not -for -Profit Entities, which became effective January 1, 2018. The purpose of the ASU is to improve financial reporting by not -for -profit entities and to provide more relevant information about their resources (and the changes in those resources) to donors, granters, creditors, and other users of the consolidated financial statements. The ASU, among other things, simplifies the classification of net assets and changes in net assets, requires not -for -profit entities to provide an analysis of expense by natural and functional classifications, and requires enhanced financial statement disclosures regarding a not -for -profit entity's liquidity and availability of resources, self-imposed or donor -imposed limits on the No new accounting policies were adopted and the application of existing policies was not changed during the year ended December 31, 2018. We noted no transactions entered into by the Corporation during the year for which there is a lack of authoritative guidance or consensus. All significant transactions have been recognized in the financial statements in the proper period. Accounting estimates are an integral part of the financial statements prepared by management and are based on management's Imowledgc and experience about past and current events and assumptions about future events. Certain accounting estimates are particularly sensitive because of their significance to the financial statements and because of the possibility that future events affecting them may differ significantly from those expected. The most sensitive estimate affecting the financial statements was: Atlanta � Austin � Birmingham � Columbus. • Management's estimate of the lives of property and equipment is based on historical usefulness, and an analysis of individual property classifications. We evaluated the key factors and assumptions used to develop the lives of property and equipment in determining that it is reasonable in relation to the financial statements taken as a whole. The financial statement disclosures are neutral, consistent and clear. Difficulties Encountered in Performing the Audit We encountered no significant difficulties in dealing with management in performing and completing our audit. Corrected card UneorrectedA7isstalemen/s Professional standards require us to accumulate all known and Likely misstatements identified during the audit, other than those that are trivial, and communicate them to the appropriate level of management. Management has corrected all such misstatements. Disagreenaer�is r-vitl2 Mcrraagemea�t For purposes of this letter, professional standards define a disagreement with management as a financial accounting, reporting, or auditing matter, whether or not resolved to our satisfaction, that could be significant to the financial statements or the auditor's report. We are pleased to report that no such disagreements arose during the course of our audit. Managea�zeazt Re�resenlatioa� We have requested certain representations from management that are included in the management representation letter dated May 29, 2019. Management Covrsultulions rr�ith Otlzer IndependentAccourvtants In some cases, management may decide to consult with other accountants about auditing and accounting matters, similar to obtaining a "second opinion" on certain situations. If a consultation involves application of an accounting principle to the Corporation's financial statements or a determination of the type of auditor's opinion that may be expressed on those statements, our professional standards require the consulting accountant to check with us to determine that the consultant has all the relevant facts. To our knowledge, there were no such consultations with other accountants. Other Aaadit Findings or Issaaes We generally discuss a variety of matters, including the application of accounting priuciples and auditing standards, with management each year prior to retention as the Corporation's auditors. However, these discussions occurred in the normal course of our professional relationship and our responses were not a condition to our retention. Other Matters With respect to the supplementary information accompanying the financial statements, we made certain inquiries of management and evaluated the form, content and methods of preparing the information to determine that the information complies with GAAP, the method of preparing it has not changed from the prior period, and the information is appropriate and complete in relation to our audit of the financials statements. We compared and reconciled the supplementary information to the underlying accounting record used to prepare the financial statements or the financial statements themselves. This information is intended solely for the use of equity owners and management of Rural Neighborhoods, Inc and Its Affiliates and is not intended to be and should not be used by anyone other than these specified parties. Very truly yours, Tidwell Group, LLC Atlanta, GA RURAL NEIGH&ORHOODS. INC. AND ITS ATFiL1ATES CONSOLIDATED FINANCIAL STATEMENTS (WITH SUPPLEMENTAL INFORMATION) AND INDEPENDENT AUDITOR'S REPORT DECEMBER 31, �018 AND 2017 Rural Neighborhoods, Inc. and Its Affiliates TABLE OF CONTENTS PAGE INDEPENDENT AUDIT'OR'S REPOKI' 2 CONSOLIDATED FINANCIAL S1'A"I'EMENTS CONSOLIDATED STATEMENTS OF F[NANCIAL POSITION 4 CONSOLIDATED STATEMENTS OF ACTIV[TIES 6 CONSOLIDATED STATEMENTS OF CHANGES IN NE"hASSETS 8 CONSOLIDATED STATEMENTS OF CASH FLOWS 9 NOTES TO CONSOLIDATEB FINANCIAL STATEMENTS 11 SUPPLEMENTAL INFORMATION CONSOLIDATING STATEMENTS OF FINANCIAL POSITION 53 CONSOLIDATING STATEMENTS OF ACTIVITIES �7 RURAL NEIGI4BORI-IOODS, INC. STATEMENTS OF ACTIVITIES 59 SCHEDULES OF FINANCIAL POS1TiON AND STATEMENTS OF ACTT VITIES FOR THE NEIGHBORWORKS AMERICA CAPITAL FUND 61 SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS 62 NOTE TO SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS 63 INDEPENDENT AUDITOR'S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STA'I'EMEN'FS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING SriANDARDS64 INDEPENDENT AUDITOR'S REPORT ON COMPLIANCE FOR EACH MAJOR FEDERAL PROGRAM AND ON INTERNAL CONTROL OVER COMPLIANCE IN ACCORDANCE WITH THE UNIFORM GUIDANCE 66 SCI-LEDULE OF FINDINGS AND QUESTIONED COSTS SCHEDULE OF THE STATUS OF PRIOR AUDIT FINDINGS, QUESTIONED COSTS, AND RECOMMENDATIONS (UNAUDITED) 64 [NDEPENDENT AUDITOR'S REPOR"h To the Board of Directors Rural Neighborhoods. Inc. and Its Affiliates IZepoa t an the®nsolidated financial Statements We have audited the accompanying consolidated financial statements of Rural Neighborhoods, [nc. (a nonprofit organization) and its Affiliates, which comprise the consolidated statements of nancial position as of December 31. 201 & and 2017, and the related consolidated statements of fi activities, changes in net assets and cash flows for the years then ended, and the related notes to the consolidated financial statements. iNkanagernent's I2esponsibili6y 3or the Consoiidated I'+snanciai Stateraaents Management is responsible for the preparation and fair presentation of these consolidated financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of consolidated financial statements that are free from material misstatement, whether due to fraud or error. Auditor's 12espunsi9rility Our responsibility is to express an opinion on these consolidated financial statements based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the consolidated financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the consolidated financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the consolidated financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the consolidated financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the consolidated 'financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Atlanta � Austin � Birmingham � Columbus ®pinion In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of Rural Neighborhoods, Inc. and its Affiliates, as of December 31, 2018 and 2017, and the change in its net assets and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America. Dther ItlatEers Report on Supplemental lnfornaation Om' audits were conducted for the purpose of forming an opinion on the consolidated financial statements as a whole. The accompanying supplemental information on pages 53 through 61 is presented for purposes of additional analysis and is not a required part of the consolidated financial statements. The accompanying schedule of expenditures of federal awards, as required by Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements.for Federal Aivords, is presented for pm -poses of additional analysis and is not a required part of the consolidated financial statements. Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the consolidated financial statements. Such information has been subjected to the auditing procedures applied in the audit of the consolidated financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the consolidated financial statements or to the consolidated financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the information is fairly stated in all material respects in relation to the financial statements as a whole. The accompanying other information on page 64 has not been subject to auditing procedwes applied in the audits of the consolidated financial statements, and accordingly, we do not express any opinion or provide any assurance on it. ether Reporting Requirements Required by Crovernment,9uditir¢g Standards In accordance with Government Auditing Standards, we have also issued our report dated May 29, 2019, on our consideration of Rwal Neighborhoods, Inc. and [ts Affiliates' internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters. The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with GovernmentAuditing Standards in considering Rural Neighborhoods, Inc. and Its Affiliates' eternal control over financial reporting and compliance. Atlanta, Georgia May 29, 20] 9 -3- Rural Neighborhoods, Inc. and Its Affiliates CONSGLIDA'I'ED STATEMENTS OF FINANCIAL POSITION December 3l, 201 a and 20I 7 ASSETS CURRENT ASSETS Cash and cash equivalents $ 6,221,939 $ 5,6541897 Accounts receivable - tenants 39,217 47,935 Rental assistance receivables 504,841 245,905 Miscellaneous receivables 282,445 293.758 Grant receivables 181,990 - Due from affiliates 10,185 Prepaid expenses 491,567 400.002 Total current assets 7,723,999 6,652.682 RESTRICTED DEPOSITS AND FUNDED RESERVES Tenant security deposits 6975433 667,307 Mortgage escrows 781,145 715.582 Replacement reserve 3,743;094 3,480,168 Debt Service reserve 1,266,669 1,132,388 Operating reserve 1.057,855 1,0523053 Other reserves and deposits 31 1,918 455,668 Total restricted deposits and funded reserves 7,858.119 7,5035166 PROPERTY AND EQUIPMENT Land 10,566,749 10,402,441 Laud improvements 9,524,935 %524,935 Buildings and improvements 156,521,697 148,2181927 Furniture and equipment 4902,045 4719,978 Construction in progress 377,202 6,949,325 Total property and equipment 181,892,628 179,815,606 Less accumulated depreciation (54 131 001, (49,615,037) Total net property and equipment 127,761,627 13Q200,569 OTHER ASSETS Tas credit monitoring fees, net ] 25,71 I 158,849 Other assets 17,267 1034 Total other assets 142,978 177,483 Total assets $ 1435486,723 $ 144533,900 (continued) -4- Rural Neighborhoods, Inc. and Its Affiliates CONSOLIDATED STATEMENT'S OF 1'INANCIAL POSITION - CONTINUED December 31, 2018 and 2017 LIABILITIES AND NET ASSETS 2018 CURRF_NT LIABILITIES Accounts payable Accrued expenses Accrued interest payable Accrued investor services management fee Construction costs payable Current portion of mortgages payable Total current liabilities DEPOSITS ANI3 PREPAID LIABILITY Tenant security deposits Prepaid rent Total deposits and prepaid liability LONG-TERM LIABILITIES Developer fee payable Deferred revenue Mortgages payable, net of current portion Total Ionb tern liabilities Total liabilities 2017 $ 15S,92I $ 483,622 673,216 598.356 613,342 534,696 6,720 - 590 2,698,577 7,040,I46 i47,776 8,657,410 647,433 667,349 795970 913652 777,403 759,001 1,613,847 1,591,672 7,638,912 6,684,048 68,425,344 641615,616 77,678,103 72,891,336 82,603,282 82,307,747 NET ASSETS With donor restrictions 490,000 716,534 Without donor restrictions - non -controlling interest 17,959,456 185439,340 Without donor restrictions - controlling interest 42,433,985 43,070,279 Net assets without donor restrictions Total net assets Total liabilities and net assets 60,393,441 61,509,619 60,883,441 62,226, ] 53 $ 143,486,723 $ 1441533,900 See notes to consolidated financial statements. -5- i47,776 8,657,410 647,433 667,349 795970 913652 777,403 759,001 1,613,847 1,591,672 7,638,912 6,684,048 68,425,344 641615,616 77,678,103 72,891,336 82,603,282 82,307,747 NET ASSETS With donor restrictions 490,000 716,534 Without donor restrictions - non -controlling interest 17,959,456 185439,340 Without donor restrictions - controlling interest 42,433,985 43,070,279 Net assets without donor restrictions Total net assets Total liabilities and net assets 60,393,441 61,509,619 60,883,441 62,226, ] 53 $ 143,486,723 $ 1441533,900 See notes to consolidated financial statements. -5- Kotal Neighborhoods, Inc. and Its Affiliates CONSOLIDATED STATEMENT OF ACTIVI'ITES Year ended December 31, 2018 Without Donor R'ith Donor Restrictions Restrictions Total R1;NTAL RI:V ENUG potential rental revenue $ 12,376,431 $ - $ 12,376A31 Less vacancies and concessions (672801) __ (672.801) Total rental revenue 11,703.630 - 11703-630 OTTIEK 12EV ENU13 Application lees ]7.979 - 57.979 Laundry and vending 201.498 - 201,498 Interest income 4)J66 - 42,166 Tenant charges 194,198 - 194.198 property management fees 36,000 - 36.000 Gram ieveuue 1,073,501 - 1,073.501 Miscellaneous revenue 757.836 - 757.836 Total other revenue 2357,178 - 2357,178 P.XYLNSFS Operatingam maintenance 3j4(i,203 Utilities 15152,358 - 1,152,358 Project admutistration expenses 4,238,565 - 4238 565 Management fees 16T278 - 167 278 Taxes and insurance 1.429,083 - 1,429,093 Bad debt expense 40,423 - 44423 Total expenses 10,573910 - 10,573.910 Income from operations 3,496,898 - 3,486,898 NON -OPERA '17NG EXPENSES (INCOME) Interest on delered developer fee 14,009 - 14,009 Interest on mortgages payable 76Q440 - 76(1:440 Investor scrmices management fee 6,720 - 6,720 Income front forgiveness of debt (572919) - (572,919) Depreciation expense 4,521,505 - 4,521,505 Amortization expense 33.138 - 33,138 Total non -operating expenses 4,762,893 4,762.893 Change in net assets before non-cantrollhtg interest (1,275,995) - (1275995) Non -controlling interest in earnings of subsidiaries 413,010 - 411010 Change in net assets attributable to Rural Neighborhoods, lna $ (8625985) $ $ (862,M) See notes to consolidated financial statements. -6- Kttral Neighborhoods, Inc. and Its Affiliates CONSOLIDATED STATEMENT OF ACTIVITIES Fear ended December 31, 2017 Without DaI I Witb onor Restrictions Restrictions 'Dotal RENTAL RE VENiJI's Potential rental revenue S 12,026,459 $ - S 12.026.459 Less vacancies and concessions (776,853) (776,853) Total rental revenue 11,249_606 11.249,606 OTHER REVENUE Application fees 52,472 - 52-472 laundhy and vending 205,137 - 205,117 Interest income 38,554 - 38.554 Tenant charges 311.398 - 211398 Property management fees 36.000 - 36.000 Grant revenue 957,027 - 957,027 Miscellaneous revenue 303A44 303.444 'Total other revenue 1.804,032 1,804.032 EXPENSES Operating and maintenance 4,215,180 - 4,215.180 Utilities 1,217,425 - 1217,425 Project administration expenses 3-7995387 - V99,387 Management ices 188,646 - 188,646 'taxes and insm-ance 1,337,461 - 11337,461 Bad debt expense 30.138 30,138 Total expenses 10,788.237 10,788,237 Income four operations 2.26SA01 2,265 401 NON -OPERATING EXPENSES (INCOME) Interest on deferred developer fee 42,447 - 42,447 Interest on mortgages payable 663,827 - 663,827 Investor services management fee 6,524 - 61524 Legal settlement income (5725919) - (572919) Depreciation expense 4.688.879 - 4.688,879 Amortization expense 33.139 33.139 Total non -operating expenses 4,861,897 4.861,897 Change in net assets before non -controlling interest (2,596.496) - (21596.496) Non -controlling interest in earnings ofsubsidimies 638.283 638,283 Change in net assets attributable to Rural Neighborhoods, Tnc- $ (1,958,213) 11 $ (11958213) See notes to consolidated financial statements. -7- a \\ \ ( �) w ot \ \ \\ \ \ \ \ \ \ \ \ \ \ \ = za e = c = Rural Neighborhoods, Inc. and Its Affiliates CONSOLIDATED STA"T EMENTS OF CASH FLOWS Years ended December 31, 2018 and 2017 Cash flows from operating activities Change in net assets Adjustments to reconcile change in net assets to cash provided by operating activities: Depreciation Amortization Amortization of debt issuance costs Gain on disposal of fixed assets Deferred revenue - loan forgiveness Changes in: Tenant accounts receivable Tenant security deposits, net Rental assistance receivable Miscellaneous receivables Grant receivables Prepaid expenses Accounts payable Accrued expenses Accrued interest payable Accrued investor services management fee Deposits to mortgage escrows, net Due to/from affiliates Deferred developer fee payable Other assets Prepaid rents NeC cash provided by operating activities Cash flows from investing activities: lnvestnent ut rental property Proceeds from sale of fixed assets Deposits to replacement reserves, net Deposits to debt service reserves, net Deposits to operating reserve, net Construction costs payable Other reserves and deposits Net cash used in investing activities (continued) 2018 2017 $ (1,275,995) $ (2,596,496) 4,521,505 4,688,879 33j38 33.139 77,988 771658 286,307) (2,700) (572,919) (572,919) 8,718 (4,875) (Q2) - (258 936) 61936 11,313 (226,399) (183,990) 453,785 (91,565) (45A77) (327,701) 158,171 74)860 80,126 78,646 261002 6,720 - (65,563) (53,534) 10,185 (61821) - (4,057) 1,367 (3,228) (II,682) 231894 740 2,032,084 (2,196,08I) (4,726,886) 422,000 900 (262,931) 935,359 (134,281) (134074) (5,802) 33,528 (590) (255,278) 143,750 2900 (2,0331935) (4,116,851) -9- Fural Neighborhoods, Inc. and Its Affiliates CONSOLIDATED STATEMENTS OF CASHFLOWS - CONTINUED Yews ended December 31, 2018 and 2017 Cash flows from financing activities: Proceeds from mortgages payable Principal payments on mortgages Non -controlling interest distributions Non -controlling interest capital contributions Controlling interest distributions Financing costs paid Net cash provided by financing activities Net increase (decaease) in cash Cash and cash equivalents, beginning Cash and cash equivalents, ending Supplemental discloses eof cash flow information: Cash paid for interest, net of capitalized interest of $56,040 and $54,069, respectively 2018 $ 3,452,758 (2,520,150) (66,874) 162 (5) (I 4,654) 2017 $ 3,317,741 (111 16,412) (45,616) 851,237 2,155,713 567,042 7Q,946 5,654,897 5,583,951 $ 6,221,939 $ 5,654,897 $ 603,806 $ 560,167 6upplemental schedule of non -cash investing and financing activities: Expenditures on property and equipment $ (22,175) Capitalized developer fee payable 225175 Disposal of fixed assets 2,375 Write-off ofaccumulated depreciation (2,375) Forgiveness of TCEP loan (1,5275783) Deferred revenue - loan forgiveness 1,52T783 See notes to consolidated financial statements. 2Q,665 (20,665) (It527,783) 1,5274783 Rural Neighborhoods, Inc. and Its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS December 31, 20] 8 and 2017 NOTE 1 - ORGANIZATION AND NATURE OP OPERATIONS Organization Rural Neighborhoods, Ina (RNI) is a Florida nonprofit corporation formed on Becember 23, 2004 for the purpose of planning, acquiring land, producing, developing and managing construction of projects and sites remaining in the Everglades Farrnworker Village parcels and elsewhere. On December 31, 2004, Everglades Community Association, Inc. (ECA) transferred its unrestricted assets and liabilities to RNI to enable it to cant' out the above tasks excluding any and all U.S. Department of Agriculture (USDA) restricted assets and liabilities associated with Everglades Farnworker Village. Principles of Consolidation The accompanying consolidated financial statements include the accounts of RNI and its affiliates (collectively, the Corporation). All significant intercompany accounts and ti-ansactions have been eliminated in this consolidation. Invesrinent in Subsidiaries Beginning January 1, 2006, the Corporation adopted the Accounting Standards Codification Topic 958-810 (ASC Topic 958-810), which provides guidance as to when a general partner controls a limited partnership and is required to include the assets, liabilities and activities of a limited partnership in its consolidated financial statements. Under ASC Topic 958-810, a general partner in a limited partnership or similar entity would be presumed to control that entity and world therefore be required to consolidate the entity unless the limited partners possessed certain rights, principally kick -out rights or significant participation rights. ASC Topic 958-810 applies to entities that are not considered variable interest entities. Management believes that ECA and Big Cypress Housing Corporation (BCHC) effectively have control of certain limited partnerships and these partnerships were consolidated in the separately issued consolidated financial statements of ECA and BCHC. ECA is a Florida nonprofit corporation formed on July 21, 1982 for the purpose of planning, producing, developing and managing the construction of projects related to providing low cost housing to migrant and seasonal farm workers in Florida. ECA is a controlled corporation of RNI. ECA includes the following programs and services Everglades Farrnworker Village (EFV) is a rental operation of ECA and consists of a USDA Rural Development SI4/516 farm labor housing complex as described in USDA Handbook 2-3560, Section 2.6. Currently, there are 466 units rented to eligible tenants as defined in the regulations. The USDA also provides rental assistance to tenants based on a formula described in Chapter 8 of the USDA Handbook 2-3560, Rural Neighborhoods, Inc. and Its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS -CONTINUED December- 31, 2018 and 2017 Phase V (Phase V) is an additional phase of EFV that is currently under development. When constructed, Phase V will consist of 14 units that will be rented to income eligible migrant and seasonal farm workers as defined by the State of Florida and the USDA. The project was funded by the USDA and is subject to USDA oversight and regulations. In 2018, the net assets of Phase V were transferred to ECA. Phase VI (Phase VI) is an additional phase of EFV that is currently under development. When constructed, Phase V I will consist of 10 units that will be rented to income eligible migrant and seasonal farm workers as defined by the State of Florida and the USDA. The project was funded by the USDA and is subject to USDA oversight and regulations. In 20I 8, the net assets of Phase V I were transferred to ECA. Everglades Rural Rental Housing (ERRH) is Phase III of EFV and consists of a USDA Rural Development 515 housing complex as described in USDA Handbook 2-3560, Section 2.3. Currently, there are 15 units rented to eligible tenants as defined in the regulations. The USDA also provides rental assistance to tenants based on a formula described in Chapter 8 of the USDA Handbook 2-3560. Casa Cesar Chavez (CCC) is an additional phase of EFV and consists of a 28 unit, 144 bed, four building, townhome complex designed to house unaccompanied single workers. The units are rented to income eligible migrant and seasonal faun workers as defined by the State of Florida. This project was not constructed with USDA funds and is not subject to USDA oversight or regulation. Everglades Migrant Housing (EML) is an additional phase of LFV that consists of 30 units that are rented to income eligible migrant and seasonal 'farm workers as defined by the State of Florida and the USDA. The project is funded by the USDA and is subject to USDA oversight and regulations. ECA also includes the activities of the following subsidiaries: Live Oak Villas, LLC (LOVI), a wholly owned subsidiary of ECA, is a .01 percent general partner of Live Oak Villas, Ltd. (LOVI-LTD). LOVI-LTD is the owner of a 104 unit, low-income housing tax credit project located in St. Lucie County, Florida. LOVI accounts for its investment in LOVI-LTD in accordance with ASC Topic 958-810. Live Oak Villas I1, LLC (LOVID, a wholly owned subsidiary of ECA, is a .01 percent general partner of Live Oak Villas I1, Ltd. (LOVII-LTD). LOVII-LTD is the owner of an 80 unit, low-income housing tax credit project located in St. Lucie County, Florida. LOVII accounts for its investment in LOVII-LTD in accordance with ASC Topic 958- 810. Pollywog Creek, LLC (PC) is a wholly owned subsidiary of ECA formed to develop a 64 unit, low-income rental housing community in LaBelle, Florida. The project was designed in three phases. During 2012, phase III was incorporated as a separate legal -12- Rural Neighborhoods, Inc. and Its Affiliates NOTES "CO CONSOLIDATED FINANCIAL STATEMENTS -CONTINUED December 31, 2018 and N L , entij�, Pollywog Creek Senior Housing, Incorporated (PCSH). hi 2012, the assets and liabilities associated with phase III were transferred from ECA to PCSH. Phases I and II are USDA Dural Development 514/516 farm labor housing complexes subject to USDA Rural Development farm labor housing requirements and the regulations of the Florida Housing Finance Corporation (FHFC) State Apartment Incentive Loan (SAIL.) Program. Phases I and Il were placed in service on May 16, 2011. Shannon's Crossing, LLC (SCL) is a wholly owned subsidiary of ECA. SCL is the sole member of Beneficial Oaks at Shannon's Crossing, LLC, which is the .01 percent general partner of Oaks at Shannon's Crossing, LP (OSC). OSC is the owner of a 100 unit, low- vrcome housing tax credit project with farm worker set -aside in Okeechobee, Florida. SCL accounts for its investment in OSC in accordance with ASC Topic 958-810. Everglades Supportive Housing, LLC (ESH) is a 1=lorida limited liability company owned by ECA. Prior to 2009, ESH was co -owned by ECA and RNI. ESH is the owner of a four -unit housing project for homeless families in Collier County, Florida. The project is Phase IT of the Eden Gardens Apartments (EGA) project and was placed in service on September 29, 2009. The project was constructed on land financed by the USDA but is not subject to 514/516 regulations. BCHC is a Florida nonprofit corporation formed on January 5, 2001 for the purpose of general operations, construction, expansion or any other activity connected with providing low cost housing to migrant and seasonal farm workers in Collier County, Florida. BCHC is a controlled corporation of RNI. BCILC includes the following programs and services: Main Street Village (MSV) is a rental operation of BCHC and includes a 79 unit, USDA Rwal Development 514/SI6 faun labor housing complex as described in the llSBA Handbook 2-3560, Section 2.6. Units are rented to eligible tenants as defined in the regulations. The USDA also provides rental assistance to tenants based on a formula described in Chapter 8 of the USDA Handbook 2-3560. A maximum of 68 units may receive rental assistance at any one time. Harchers Preserve (HP) is a rental operation of BCHC and consists of 18 units that were all placed in service during the year ended December 31, 2016 and are being rented to income eligible tenants. BCHC also includes the activities of the following subsidiaries: Corkscrew Sanctuary, LLC -13- (CSS), a wholly owned subsidiary of BCHC; is a .01 percent general partner of Eden Gardens Aparbnents, LP (EGALP), owner of a 51 unit, low- ncome housing tax credit project that is the first phase of the EGA project (Phase I). Phase I was placed in service on June 18, 2009. CSS accounts for its investment in EGALP in accordance with ASC Topic 958-810. Rural Neighborhoods, Inc_ and Its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS -CONTINUED December 3l, 2018 and 2017 Eden Gardens II, LLC (EGII), a wholly owned subsidiary of BCHC, is the sole owner of a 37 unit, low-income housing project, for migrant and seasonal farm workers that is the third phase of the EGA project (Phase 111). Phase III was placed in service on September 28, 2009 and its units are rented to low-income farm workers subject to USDA governance and regulations of the F IFC SAIL Program. Little Manatee Housing Corporat on (LMHC) is a Florida nonprofit corporation formed on November 15, 1999 for the purpose of general operations, construction, expansion or any other activity connected with providing low cost housing to migrant and seasonal faun workers in Hillsborough County, Florida_ LMHC is a controlled corporation of RNI. LMHC includes the following programs and services: Manatee Village (1vLV) is the rental operations of LMHC and consists of the following: The Family Units - a 62-unit USDA Rural Development SI4/516 faun labor housing complex as described in the USDA Handbook 2-3560, Section 2.6. Units are rented to eligible tenants as defined in the regulations. The USDA also provides rental assistance to tenants based on a formula described in Chapter 8 of the USDA Handbook 2-3560. A maximum of 62 units may receive rental assistance at any one time. The Dorm Units - a 16-unit Single Resident Occupancy rental complex consisting oI 128 beds and one management unit. The administrative building associated with the Donn Units contains the leasing office and maintenance operations space for the Project. The Dorm Units leases to unaccompanied, income -eligible migrant and seasonal farm workers as defined by Hillsborough County, the Federal Home Loan Bank of Atlanta and the Florida Department of Community Affairs. Manatee Village Phase IV (MV4) - a 27-unit USDA Rmal Development 514/516 farm labor housing complex subject to USDA Rural Development 5I4/516 faun labor housing requirements and the regulations of the FIIFC SAIL Program. MV4 was placed in service on November 30, 2010. PCSH is a Florida nonprofit corporation formed on March 22, 2012 for the purpose of providing elderly persons and handicapped persons with housing facilities and services. The project has been financed using a loan from the Department of Housing and Urban Development (HUD). The 29-unit project is phase III of PC, and during the year ended December 31, 2018, the project was placed in service. Everglades Hammock, Inc. is a Florida nonprofit corporation formed on July 12, 1999 for the purpose of general operations, construction, expansion or any other activity connected with providing low cost housing to migrant and seasonal farm workers and other- minorities in Florida City, Florida and rural Miami -Dade County, Florida. In 2008, Everglades Hanmrock, -14- Rural Neighborhoods, Inc. and Its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 Inc. changed its name to Everglades Housing Trust, Incorporated (EHT). EHT is a controlled corporation of RNL EHT includes the activit es of the following subsidiaries: Orchid Apartments, LLC (OA), a wholly owned subsidiary of EF1T, is a 0.01 percent general partner of Orchid Grove Apartments, Ltd. (OGA-LTD), owner of an 80 unit low- ncome housing project in Florida City, Florida. Construction of the project started in 2010; and the project was placed -in-service on December 29, 2010. Its units are rented in accordance with the rules and regulations of the FFfFC tax credit exchange fund program. OA accounts for its investment in OGA-LTD in accordance with ASC Topic 958-810. Cypress Cove, LLC (CC), a wholly owned subsidiary of EHT, is a 0.01 percent general partner of Cypress Cove Apartments, Ltd. (CCA-LTD), owner of an 80 unit low-income housing project in Winter Haven, Florida. Construction of the project started in 2010, and the project was placed -in-service on December 23, 2010. Its units are rented in accordance with the rules and regulations of the FHFC tax credit exchange fund program. CC accounts for its investment in CCA-LTD in accordance with ASC Topic 958-810. Oak Marsh, LLC (OM), a subsidiary wholly owned by EHT and was formed to help enable EHT to carry out its purpose. On October 25, 2016, OM acquired the assets of Immokalee Non -Profit Housing, Ltd., or Sanders Pines (SP), and Timber Ridge of Immokalee, Ltd. (TR). Everglades Healthcare Residential, LLC (EHR), a subsidiary wholly owned by EHT, was formed to help enable EHT to carq, out its purpose. EHR is sole owner of Healthcare Residential, Ltd. (HCR). As of December 31, 2018 and 2017, EHR had no activity to report. Everglades Urban Residential, LLC (EUR), a subsidiary wholly owned by EHT, was formed to help enable EHT to cagy out its purpose. EUR is sole owner of Urban Residential, LLC (UR). As of December 31, 2018 and 2017, FUR had no activity to report. Brookwood Residential, LLC (BR), a subsidiary wholly owned by EHT, was formed to help enable EHT to carry out its purpose. As of December 31, 2016, BR had been donated one vacant lot from Florida Non -Profit Services, Inc. (FNPS) and purchased two additional vacant lots. During the year ended December 31, 2017, BR was donated one lot. During the year ended December 31, 2018, BR sold one vacant lot and purchased one vacantlot. As of December 31, 2015, RNI had taken control of the board of FNPS, a nonprofit organization whose purpose is to develop safe and affordable housing. FNPS includes one subsidiary and three single-family homes. -IS- Rural Neighborhoods, Inc. and Its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 FNPS includes the activities of one project: Esperanza Place (EP) is a rental operation of FNPS, organized in 2006 to develop safe and affordable housing for low-income farmworkers and their families in lmmokalee, Florida. EP is primarily financed through USDA and SAIL funds. EP operates a 47-unit apartment complex and 5 single family homes under the USDA Rural Development Rural Rental Housing Program, Section 514 Farm Labor Housing. Everglades Housing Group, Incorporated (EHG) is a Florida nonprofit corporation formed on December 23, 2004 to provide property management and supportive services to the low- ncome housing projects of RNI, ECA, BCHC, LMHC and their affiliated organizations. Prior to EHG's inception, RNI and ECA self -managed their related properties. The Board of Directors of RNI constitutes the members of EHG and as members, appoints EHG's Board of Directors. Operating cash flows generating from USllA Rural Development financed properties are not available for distribution to the Corporation as owner of the real property. These operating cash flows must be utilized towards operations or reserves of the specific USDA Rural Development funded property. NOTE 2 -SUMMARY OF SIGNIFICANT ACCOUNTING POL1CiES Basis of Accounting The accompanying consolidated financial statements have been prepared on the accrual basis of accounting and, accordingly, reflect all significant receivables, payables and other liabilities. Basis of Presentation The accompanying consolidated financial statements have been prepared on the accrual basis of accounting in accordance with U.S. generally accepted accounting principles (GAAP). Net assets, support and revenues, and expenses are classified based on the existence or absence of donor -imposed restrictions. Accordingly, net assets and changes in net assets are classified and reported as follows: Without Donor Restrictions. Net assets available for use in general operations and not subject to donor restrictions. With Donor Restrictions. Net assets subject to donor -imposed restrictions. Some donor - imposed restrictions are temporary in nature, such as those that will be met by the passage of time or other events specified by the donor. Other donor -imposed restrictions are perpetual in nature, where the donor stipulates that resources be maintained in perpetuity. Donor -imposed restrictions are released when a restriction expires, that is, 16- Rurai Neighborhoods, Inc. and Its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 when the stipulated time has elapsed, when the stipulated purpose for which the resource was restricted has been fulfilled, or both. Revenues are reposed as increases in net assets without donor restrictions, unless use of the related assets is limited by donor -imposed restrictions. Expenses are reported as decreases in net assets without donor restrictions. Gains and losses on investments and other assets or liabilities, are repotted as increases or decreases in net assets without donor restrictions unless their use is restricted by explicit donor stipulation. Expirations of restrictions on net assets are reported as reclassifications between applicable net asset classes. Contributions are recognized as revenue in the period received or upon the receipt of an unconditional promise to give. Conditional promises to give are not recognized until they become unconditional, that is, when the conditions on which they depend are substantially met. Adoption of New Aecountirr� Principle L� August 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2016-14, Presentation of Financial Statements of Not -for -Profit Entities. The purpose of the ASU is to improve financial reporting by not -for -profit entities and to provide more relevant information about their resources (and the changes in those resources) to donors, granters, creditors, and other users of the consolidated financial statements. The ASU, among other things, simplifies the classification of net assets and changes in net assets, requires not -for -profit entities to provide an analysis of expense by natural and functional classifications, and requires enhanced financial statement disclosures regarding a not -for -profit entity's liquidity and availability of resources, self-imposed or donor -imposed limits on the use of resources. The ASU is effective for annual periods beginning after December 15, 2017, with early adoption permitted, and is to be applied retrospectively to all periods presented, except for a permitted option to only provide disclosure analysis of expenses by functional classifications and liquidity and availability of resources in the period of adoption. RNI adopted the ASU effective January 1, 2018. Adoption of the ASU did not result in any reclassifications or restatements to net assets or changes in net assets. Non-controlline Interest in Limited Liability Com ap Hies GAAP requires consolidated subsidiaries that have non -controlling interests to include the non -controlling ownership interest in the net assets of RNI. GAAP also requires that the aggregate negative balances, if any, of investor member interests prior to January 1, 2010 remain in RNI's net assets. Restricted Cash RNI and its subsidiaries are subject to restrictions on certain funds received. These funds are separately classified on the consolidated statements of financial position. 17- Rural Neighborhoods, Inc. and Its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2011 Tenant Accounts Receivable and Bad Debts Tenant receivables are charged to bad debt expense when the}� are deteYI 11 to be uneollectible based upon a periodic review of the accounts by management. GAAP requires that the allowance method be used to recognize bad debts; however, the effect of using the direct write-off method is not material]), different from the results that would have been obtained under the allowance method. Property and E ui ment Property and equipment is recorded at cost. Expenditures for maintenance and repairs are charged to expenses as incurred while major renewals and betterments are capitalized. Construction in progress includes all development costs and capitalized interest incurred during the construction of the various projects. Upon disposal of depreciable property, the appropriate property accounts are reduced by the related cost and accumulated depreciation. The resulting gains and losses are reflected on the consolidated statements of activities. Depreciation expense for the years ended December 31, 2018 and 2017 was $4,521,505 and $4,688,879, respectively. Depreciation is provided using the straight-line method over the estimated useful lives of the assets as follows: Buildings and improvements 40 years Land improvements 15 - 20 years Furniture and equipment 3 - 10 years Impairment of Long-lived Assets The Corporation reviews its rental property for impairment whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable. When recovery is reviewed, if the undiscounted cash flows estimated to be generated by the property are less than its carrying amount, management compares the carrying amount of the property to its fair value in order to determine whether an impairment loss has occurred. The amount of the impairment loss is equal to the excess of the asset's carrying value over its estimated fair value. No asset impairment losses were recognized during the years ended December 31, 2018 or 2017. Debt Issuance Costs and Amortization hi accordance with GAAP, the debt issuance costs are presented as an offset of the related debt instruments within the liabilities section of the consolidated statements of financial position. Debt issuance costs are being amortized using the straight-line method over the tenn of the underlying debt instrument and amortization expense is included in interest on mortgages payable on the accompanying consolidated statements of activities. Rural Neighborhoods. Inc. and Its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 GAAP requires that the effective interest method be used to amo tize debt issuance costs; however, the effect of using the straiglt-line method is not materially different from the results that would have been obtained under the effective interest method. Estimated amortization expense for each of the five ensuing years is approximately $71,528 for 2019 and $56,505 each year for 2020, 2021, 2022 and 2023, respectively. Tax Credit Monitorine Fees Tax credit monitoring fees of $496,191 and $496,191 at December 31, 2018 and 2017, respectively, are amortized using the straight-line method over the 15-year tax credit compliance period. As of December 31, 2018 and 2017, accumulated amortization of the tax credit monitoring fees was $370,490 and $337,342, respectively. For the years ended December 31, 2018 and 2017, amortization expense was $33,138 and $33.139, respectively. Estimated amortization expense for each of the three ensuing years is $33,139 annually, and for 2022 is $26,294. Rental Revenue Rental revenue is recognized as the rents become due. Rental payments received in advance are deferred until earned. All leases between the Corporation and tenants of the Projects are operating leases and the terms are typically one year or less. For the year ended December 31, 2018, total rental revenue was $17,703,630. This amount is comprised of $8,586,355 from tenants and $3,117,275 from USDA rental assistance. For the year ended December 31, 2017, total rental revenue was $11,249,606. This amount is comprised of $8,094,527 from tenants and $3,155,079 from USDA rental assistance. As of December 31, 2018 and 2017, rental assistance payments of $504,481 and $245,905, respectively, were due from the USDA and are reflected as rental assistance receivables on the accompanying consolidated statements of financial position. Miscellaneous Revenue Miscellaneous revenues include amounts earned from miscellaneous tenant charges such as late fees, security deposit forfeitures and damages assessments, among others. Grants The Corporation receives grants from various governmental agencies. Generally, the Corporation recognizes income from these grants as revenue and support only to the extent that expenditures have been made for the purposes specified in the grant agreements. For the years ended December 31, 2018 and 2017, the Corporation received and recognized grant revcnues of $1,073,501 and $957,027, respectively, which includes $0 and $0 of permanently restricted capital grant funds received, respectively. -19- Rural Neighborhoods, Inc. and Its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 these permanently reshicted capital grant funds are to be used for the purposes specified in the grant agreement The grant agreements contain various covenants and compliance requirements. As of December 31, 2018 and 2017, management believes they have fulfilled all covenants and compliance requirements. Endowment Funds During 2016, the Corporation received permanently restricted endowment funds from Southwest Florida Community Foundation to provide income for the maintenance of the Corporation. For the years ended December 31, 2018 and 2017, the Corporation recognized $0 and $0, respectively, of permanently restricted revenue, which is included in grant revenue on the accompanying consolidated statements of activities. As of December 31, 2018 and 2017, $16,899 and $18,634, respectively, of endowments funds are included in other assets on the accompanying consolidated statements of financial position. Advertising Costs The Corporation's policy is to expense advertising costs when incurred. Compensated Absences Employees of the Corporation are entitled to paid vacation and paid sick days. The Corporation's policy is to accrue the costs of compensated absences in the period that the employee becomes entitled to the compensated absences. As of December 31, 2018 and 2017, accrued absences totaled $99,462 and $103,177, respectively, and are included in accrued expenses on the accompanying consolidated statements of financial position. Income Taxes The Corporation has applied for and received a determination letter from the Internal Revenue Service (IRS) to be heated as a tax exempt entity pursuant to Section 501(c)(3) of the Internal Revenue Code and did not have any unrelated business income for the years ended December 31, 2018 and 2017. Due to its tax exempt status, the Corporation is not subject to income taxes. The Corporation is required to file and does file tax returns with the IRS and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the Corporation has no other tax positions which must be considered for disclosure. Generally, income tax returns filed by the Corporation are subject to examination by the IRS for a period of three years. While no income tax returns are currently being examined by the IRS, tax years since 2015 remain open. Functional Allocation of Ex erp lses The Project's sole program is to provide housing for low-income tenants and those costs have been summarized on a functional basis in the accompanying statement of activities. Expenses are allocated among this program and supporting service on a basis of time and effort (such _20_ Rural Neighborhoods, Inc. and Its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS -CONTINUED December 31, 2018 and 2017 as salaries and benefits) as well as square footage (such as depreciation, office and occupancy) or other reasonable and consistent methodology. Tax Credit Exchange Funds Tax credit exchange funds are accounted for as a government grant related to assets. Upon receipt, exchange funds are recorded as deferred liabilities and recognized as income over the life of the related assets. Fol Uiveness of Tax Credit Exchan:re Loans The Corporation recognizes forgiveness of tax credit exchange loans based on the specific terms of forgiveness set forth in the loan documents. The terms of the Corporation's tax credit exchange loan provide for forgiveness based on terms that are contingent and are not recognized until such contingencies are resolved. All amounts of the loan for which forgiveness is recognized are considered tax credit exchange funds and accounted for as a government grant related to assets. Capitalization of Interest In accordance with GAAP, interest incurred during the project development period is capitalized as part of the cost of development. For the years ended December 31, 2018 and 2017, the Corporation capitalized interest costs of $56,040 and $54,069, respectively. Fair Value of Financial Instruments The Corporation's financial instruments consist of cash, amounts due from affiliates, short- term accounts payable, accrued expenses and debt. The carrying value of these financial instruments approximates fair value due to the short-term nature of these items. Risk Management The Corporation is exposed to risks of loss related to torts; theft of, damage to, and destruction of assets; errors and omissions; injuries to employees; material disasters; and product liability. The Corporation carries commercial insurance for risks of loss. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. -21- Rural Neighborhoods, Inc. and Its Affiliates NOTES TO CONSOLIDATED FINANCIAL, STATEMENTS - CONTINUED December 31, 2018 and 2017 Reclassifications Certain prior year amounts have been reclassified to conform to the em rent year presentation. These reclassifications had no effect on the previously reported net assets or change in net assets of the Corporation. NOTE 3 -RESTRICTED RESERVES AND ESCROWS Tenants Security Deposits Tenant security deposits consisted of the following as of December 31, 2018 and M 17: BCA BCHC LM11C EHr PNFS P\VCSIi To1a1 Balance, December31S 348086 $ 67600 S 48,801 S 162,949 $ 19,675 S - $ 647,01) Deposits 37,408 173803 5,300 25333 4,350 855 91049 Widtdrawals (33 814) (12,015) (6,601) (14 873) (3.450) _ Q753) Balance, December 31, 2017 3515680 73,388 47,500 173,309 20,575 855 667,307 Deposits 57,590 )61925 41,900 26,745 51225 61779 155,163 Wi0tdrawvals (51922) (18163) 134,000) (16448) (3800) (704) (125037) Balance, Decemher 31, 2018 S 357,348 S 72,150 3 55400 S 183.606 S 22,000 S 6929 S 697,433 Mortgage Escrows Various affiliates are required under loan and grant agreements to deposit funds for the payment of real estate taxes and property insurance into mortgage escrow accounts. As of December 31, 2018 and 2017, the mortgage escrows consisted of the following: ECA BCHC LMnC EHT FLAPS PWCSH Total Balance, December 31, 2076 S 4403462 S 73,334 S 46,974 5 725266 S 29,112 S - S 662,048 Deposits 776,134 134,924 67,896 178827 324,540 1.182,321 nosiest eanungs 497 8 167 43 745 Withdrawals (724815) (126729) (68,614) (183032) (26,342) (1.129-532) Balance, December 31, 2017 4925278 81,529 46,194 68,228 27,353 - 7151582 Deposits 891,129 161,116 70,125 253,226 32,844 15,224 1423,664 Interest earrings 533 _ Withdrawals (897599 06 - - 7S (ISZ546) (76306) (216,307) (11,534) (4.524) (13>8, 876) Balance, December 31, 2018 S 486,361 $ 90 099 S 40,056 $ m5 266 S 48,663 $ 10 700 S 781,145 Replacement Reserves -USDA Projects it accordance with the Loan and Grant Resolutions issued by USDA Rural Development, the Corporation is required to maintain a replacement reserve as described in 7 CFR 3560.306. Rural Neighborhoods, Inc. and Its Affiliates NOFFS TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 The funding schedule is listed below: Monthly Annual Fully Funded ECA Phase I (239 units) $ 9,300 $ 11 1,600 $ 1,1 16,000 Phase II (143 units) 18,105 2171260 2,1729600 Phase IV (18 units) 2.500 30,000 300,000 Increase (66 units) 8,929 107,148 8,291 A48 F_RRH 1,250 15,000 150,000 FMH 2,500 30,000 300,000 OSC 5,798 69,576 695,727 PC (Phase I) 26,200 524,000 PC (Phase II) 15,948 319,960 BCHC MSV 2,084 25,008 250,000 EGALP 2,975 35,700 357,000 EGII 25,900 259,000 LMHC Phase I 1085 25,020 250,000 Phase I supplemental 290 3,480 3500 Phase 111 1.125 13,500 137,000 RNI FNPS 41167 50,004 The replacement reserve accounts are supervised by the applicable area's Rural Development Office of the USDA (the Agency). Use of these funds is restricted to approved capital expenditures as outlined in USDA Handbook 2-3560, Section 4.13. An endorsement from an Agency representative is required for the withdrawal of funds. Funds are held in interest bearing accounts at local financial institutions. 'CC Replacement Reserve hn accordance with the loan agreement with the FHFC, CCC established a replacement reserve, which is used to fund capital repahs4 replacements and improvements to the project as the need arises. CCC makes monthly deposits based on an annual amount of $325 per unit. Release of funds from the replacement reserve requires the approval of the FHFC. Funds are held in an interest bearing account at the CenterState Bank of Florida (Center -State). LOVI-LTD Replacement Reserve LOVT-LTD is required to fund a replacement reserve of $200 per unit per year. The repIacement reserve amount will be adjusted annually by the consumer price index (CPI), -23- Rural Neighborhoods, Inc. and Its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS -CONTINUED December 31, 2,018 and 2017 beginning January 1, 2010. Withdrawals from the replacement reserve require the approval of the administrative limited partner of LOVi-LTD. LOVII-LTD Replacement Reserve Upon commencement of the permanent financing phase, as defined, LOVIELTD is required to fund a replacement reserve of $250 per unit per year. The replacement reserve amount is required to be adjusted on January 1, 2013 and January 1 of each fifth year thereafter by the greater of the CPI or the amount required by the permanent lender. Withdrawals from the replacement reserve require the approval of the administrative limited partner of LOVII- LTD. ESH Replacement Reserve In accordance with the loan agreement with the FHFC, ESH established a replacement reserve, which is used to fund capital repairs, replacements and improvements to the project as the need arises. Withdrawals of funds from the replacement reserve require the approval of the FHFC. In October 2009, the ESH was required to begin making deposits based on an animal amount of $200 per unit. The replacement reserve was established and a deposit of $800 was made on January 13, 2010- Funds are held in an account at a local financial nstitution. OGA-LTD Replacement Reselve OGA-LTD is required to make monthly deposits to a reserve for replacements account for use in funding maintenance and replacement costs. CCA-LTD Replacement Reserve CCA-LTD is required to make monthly deposits to a reserve for replacements account for use in funding maintenance and replacement costs. As of December 31, 2018 and 2017, the replacement reserves consisted of the following_ 5alaneq Dcaev�ber31. 2016 Depus Ime Wings a�ah Balance, Deccmkr 31, 2017 epos D 1nI -est en ngs Uiithdm� a1s Balance, Deceml�er31, 2018 tiG BCHC Li`4HC EH'r FNPS PWCSF3 Tool$ 2,889,643 $ 624, 723 S 3R 1,493 $ 273,579 $ 24G,089 q,g1552] 1074,779 61596 58,620 47,999 49,300 - 13921294 2,520 11297 687 598 1,028 - 6,130 (2,015,412) (132946) (37.595) - (47,8310) (2,233,783) 1951.530 554,670 4035205 322,176 249,587 - 3,480,168 679,957 61596 58,620 48,742 59,529 5,789 914233 21773 1200 738 767 100 - 5,578 (531,278) (7.5 992) (40 072) (),538) (656.880) S 2.102,982 S 541,474 S 422,491 S 371,685 S 298,678 S 5,789 S 3,743,099 -24- Rural Neighborhoods, Inc. and Its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATF,MENTS - CONTINUED December31, 2018 and 2017 Bcbt Service Reserve The Corporation established debt service reserves to pay principal and interest on loans as required under the loan agreements with the USDA and the FHFC. As of December 31, 2018 and 2017, the debt service reserves consisted of the following: ECA BCHC LMHC Total Balance, December 31, 2016 S 506,442 $ 461,6li $ 30,259 $ 998,314 Deposits 726,992 413,556 232,284 1,372,832 Interesteamurgs 1,443 692 121 2,256 Withdrawals (685,755) (323,560 2 _ ) < 3299) <1,241,014) Balance, December 31, 2017 549,722 552,301 30,365 32,388 Deposits 7235958 413,556 2325284 1,M9,798 [nteresteamings 1,476 806 129 2 411 Withdrawals (682-061) (323,558) (2321309 (1,237,928) Balance, December 31, 2018 $ 593,095 $ 643,105 $ 30,469 $ 1,266,669 Operating Reserves OSC was required to establish and maintain an initial operating reserve of no less than $25,000. The funds are held in an interest bearing account at CenterState. CCA-LTD, OGA-LTD, and OM maintain operating reserves. The funds are held in interest bearing accounts at local financial institutions. FNPS maintains an operating reserve. The funds are held in interest bearing accounts at a local financial institution. ESH maintains an operating reserve. The funds are held in interest bearing accounts at a local financial institution. -25- Mural Neighborhoods. Ioc. and Its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS -CONTINUED December 31, 2018 and 2017 As of December 31, 2018 and 2017, the operating reserve consisted of the following: ECA EHT FNPS Total Balance, December 31, 2016 $ 27,283 S 992,962 $ 657336 $ 1,085,581 Deposits - - 14,820 ]4,8_0 lntererings 33 1,843 14 1 890 WithtL-awalawals - (36,097 (14,]4T) (50238) Balance, December 31, 2017 27,316 958,708 66,029 1)052,053 Deposits 3,750 56,917 60,667 Interest earnings 32 25030 20 202 Withdrawals - - (56,947) (56,947) Balance, December 31, 2018 $ 271348 $ 964,488 $ 661019 $ 1,057,855 NOTE 4 -RELATED PARTY TRANSACTIONS Property Management Fee EHG is the management company that oversees a majority of the operations of the Corporation (see also Note 9). Generally, EFIG receives a fee per occupied unit per month, from tenant rents for their role as property manager, which is based on the approved USDA per occupied unit per month amount for Florida properties. For the years ended December 31, 2018 and 2017, the monthly per occupied unit fee was generally $56.00 and $54.00, respectively. Property management fees earned by EHG during the years ended December 31, 2018 and 2017 were $730,287 and $662,772, respectively, which have been eliminated on the accompanying consolidated statements of activities. EHG also serves as the primary employer of the staff of the Corporation and pays ail mondily operating expenses for the Corporation on a cost reimbursement basis. Reimbursable expenses that remain payable to EHG as of December 31, 2018 and 2017 have been eliminated on the accompanying consolidated statements of financial position. llevelopment Fees Live Oak Villas II Ltd LOVII-LTD entered into a co -development agreement with Pinnacle Housing Group, LLC (PHG), a related party until 2009, and RN1. The development fee incurred and payable under this agreement is apportioned four -fifths to PIIG and one -fifth to RNI. 26- Rurat Neighborhoods, Inc. and Its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2016 and 2017 The agreement provides for a developer fee of $1,731,614 for services in connection with the development of the project and supervision of construction. The developer fee is payable out of development proceeds and cash flows from operations, as defined. As of December 31, 2018 and 2017, the full developer fee has been capitalized as part of the project cost and $108,829 and $136,433, respectively, remained payable. The portion payable to PUG is included in developer fee payable on the accompanying consolidated statements of financial position. The portion payable to RNI has been eliminated on the accompanying consolidated statements of financial position. The developer fee shall be paid in full by 2020. Oaks at Shannon's Crossing, LP OSC entered into a development agreement with RLI Beneficial Development 5, LLC (RLI Beneficial) and ECA. ECA later assigned the agreement to RNI. All development fees incurred and payable under this agreement are apportioned two-thirds to RLI Beneficial and one-third to RNI. The agreement provides for a development fee of $1,798,040 for services in connection with the development of the project and supervision of construction. Development fees of $600,000 were paid from capital contributions. As of December 31, 2018 and 2017, the development fee has been capitalized as part of the project cost and $1,055,298 and $1,055,298, respectively, remained payable and was deferred. The portion payable to RLI Beneficial is included in developer fee payable on the accompanying consolidated statements of financial position. The portion payable to RNI has been eliminated on the accompanying consolidated statements of financial position. Under the terms of the partnership agreement, the deferred development fee shall bear interest from the month of construction completion until the date of payment at the long- term Applicable Federal Rate (AFR), or 4.27 percent. The deferred development fee is payable from available cash flows, as defined, but no later than January 1, 2020. As of December 31, 2018 and 2017, accrued and unpaid interest on the deferred development fee due to RNI was $232,873 and $166,485, respectively, and has been eliminated on the accompanying consolidated statements of financial position. As of December 31, 2018 and 2017, accrued and unpaid interest on the deferred development fee due to RLI Beneficial was $332,971 and $332,971, respectively, and is included in development fees payable on the accompanying consolidated statements of financial position. Eden Gardens Apartments Project 1"he Corporation entered into development agreements with JR Beneficial Development, LLC (JR Beneficial) and RNl. All development fees incurred and payable under these agreements are apportioned two-thirds to JR Beneficial and one-third to RNI. The agreements provide for a development fee of $2,171,765 for services in connection with the development of the various phases of the EGA project and supervision of -27- Rural Neighborhoods, Inc. and Its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 construction. As of December 31, 2018 and 20I7, the full development fee, had been ncurred and capitalized into the cost of the three phases. As of December 31, 2018 and 20175 $669,035 and $669,035, respectively, remained payable. The portion payable to RNI has been eliminated on the accompanying consolidated statements of financial position. The portion payable to JR Beneficial is included in developer fee payable on the accompanying consolidated statements of financial position. Oak 1\harsh, LLC During 2016, the Corporation entered into an agreement with RNI to develop and rehabilitate the Project. The agreement provides for a total developer fee of $680,508, of which $335,531 is required to be deferred. The Corporation is allowed to draw a maximum of 50 percent of the total developer fee during construction/rehabilitation with The remaining developer fee will funded on a to more than 35 percent funded at closing, to rata basis based on the percentage of completion of the development. As of December 31, 2018 and 2017, $345,917 and $80,752. respectively, has been earned and received by the Corporation. The portion of development fees earned by RNI and the related balances, have been eliminated on the accompanying consolidated financial statements. Other Related Part Fees Asset Management Pees Pursuant to llne partnership agreements, LOVI-LTD and LOVI[-LTD are required to pay their respect ve administrative limited partners an annual asset management fee for their services in reviewing the informational reports, financial statements and tax returns of the partnerships. The fees are payable to the extent of available cash flow, as defined. Unpaid fees accrue without interest. During each of the years ended December 31, 2018 and 2017, asset management fees of $5,200 and $5,200, respectively, were incurred by LOVI-LTD and are included in project administration expenses on the accompanying consolidated statements of activities, and $0 and $0, remained payable as of December 31, 2018 and 2017, respectively. During the years ended December 31, 2018 and 2017, asset management fees of $3,426 and $3,352, respectively, were incurred by LOVII-LTD and are included in project administration expenses on the accompanying consolidated statements of activities, and $0 and $0 remained payable as of December 31, 2018 and 2017. Pursuant to the partnership agreement, commencing in 2009, EGALP is required to pay its investor limited partner an annual asset management fee of $3,315 for property management oversight, tax credit compliance monitoring and related services. The fee is payable to the extent of available cash flow, as defined. The fee shall increase 3 percent aunually and unpaid fees accrue without interest. For the years ended December 31, 2018 _28_ Rural Neighborhoods, Inc. and Its Affiliates NOTES 1'0 CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 and 20I7, asset management fees of $4,325 and $4,199, respectively, were incurred and paid, which is included in project administration expenses on the accompanying consolidated statements of activities. Investor Services ManaRementFee Pursuant to the partnership agreement, OSC is required to pay the investment limited partner an annual, cumulative fee of $5,000 per year, commencing with the year beginning January 1, 2008. The investor services fee shall be payable annually by OSC out of cash flow, as defined. The fee shall increase 3 percent annually, commencing January 1, 2009. For the years ended December 31, 2018 and 2017, investor services management fees of $6,720 and $6,524, respectively, were incurred. As of December 31, 2018 and 2017, investor services fees of $6,720 and $0 remained payable, respectively. Nonprofit Asset Management Fee In accordance with the USDA Handbook 1113-2-3560, EFV submitted budgets to the USDA Rural Development, which included a nonprofit asset management fee of $7,500 for 2018 and 2017. These budgets were approved by the USDA. During the years ended December 31, 2019, and 2017, EFV did not incur or pay nonprofit asset management fees. In accordance with the USDA Handbook HB-2-3560, EMH submitted 2018 and 2017 budgets to the USDA Rural Development, which included a nonprofit asset management fee of $4,906 and $0, respectively. The budgets were approved by the USDA. During the years ended December 31, 2018 and 2017, EMH incurred $0 and $0, respectively, in nonprofit asset management fees to ECA, of which $0 and $0, respectively, remained payable as of December 31, 2018 and 2017. These fees and related payable balances have been eliminated on the accompanying consolidated statements of activities and consolidated statements of financial position, respectively. In accordance with the USDA Handbook HB-2-3560, ERRH submitted 2018 and 2017 budgets to the USDA Rural Development, which included a nonprofit asset management fee of $3,750 and $0, respectively. The budgets were approved by the USDA. During the years ended December 31, 2018, and 2017, ERRH incurred $0 and $0, respectively, in nonprofit asset management fees to ECA, of which $0 and $0, respectively, remain payable as of December 3I, 2018 and 2017. These fees and related payable balances have been eliminated on the accompanying consolidated statements of activities and consolidated statements of financial position, respectively. In accordance with the USDA Handbook I1B-2-3560, PC Phase I submitted budgets to the USDA Rural Development, which included a nonprofit asset management fee of $7,500 for 2018 and $0 for 2017. These budgets were approved by the USDA. During the years ended December 31, 2018, and 2017, PC incurred $7,500 and $0, respectively, in -29- Rural Neighborhoods, Inc. and its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMF_NTS - CONTINUED December 31, 2018 and 2017 nonprofit asset management fees to ECA, of which $7,500 and $0, respectively, remained payable as of December 31, 2018 and 2017. These fees and related payable balances have been eliminated on the accompanying consolidated statements of activities and consolidated statements of financial position, respectively. In accordance with the USDA Handbook HB-2-3560, PC Phase II submitted budgets to the USDA Rural Development, which included a nonprofit asset management fee of $7,500 for 2018 and $7,200 for 2017. These budgets were approved by the USDA. During the },ears ended December 31, 2018, and 2017, PC incurred $0 and $7,200, respectively, in nonprofit asset management fees to ECA, of which $0 and $7,200, respectively, remained payable as of December 31, 2018 and 2017. These fees and related payable balances have been eliminated on the accompanying consolidated statements of activities and consolidated statements of financial position, respectively. In accordance with the Handbook HB-2-3560, MSV submitted budgets to the USDA Rural Development, which included a nonprofit asset management fee of $7,500 for 2018 and $0 for 2017. These budgets were approved by the USDA. During the years ended December 31, 2018, and 2017, MSV incurred $0 and $0, respectively, in nonprofit asset management fees to BCHC, of which $0 and $0, respectively, remained payable as of December 31, 2018 and 2017. These fees and related payable balances have been eliminated on the accompanying consolidated statements of activities and consolidated statements of financial position, respectively. In accordance with the Handbook HB-2-3560, EGII submitted budgets to the USDA Rural Development, which included a nonprofit asset management fee of $0 for 2018 and $0 for 2017_ These budgets were approved by the USDA. During the years ended December 31, 2018, and 2017, EGII incurred $0 and $0, respectively, in nonprofit asset management fees to BCHC, of which $0 and $0, respectively, remained payable as of December 31, 2018 and 2017. These fees and related payable balances have been eliminated on the accompanying consolidated statements of activities and consolidated statements of financial position, respectively. Incentive Partnership Management Fee For management services related to CCA-LTD, CC is to be paid an annual non- cumulative incentive partnership management fee. The fee is payable to the extent of available cash flow. During the years ended December 31, 2018 and 2017, CC earned $177,939 and $186,904 in incentive partnership management fees, respectively, which has been eliminated between CCA-LTD and CC and is not included on the accompanying consolidated statements of activities. For management services related to OGA-LTD, CA is to be paid an annual non- cumulative incentive partnership management fee. The fee is payable to the extent of available cash flow. During the years ended December 31, 2018 and 2017, OA earned -30- Rural Neighborhoods, Inc. and Its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2016 and 2017 $225,069 and $223,678 in incentive partnership management fees, respectively, which has been eliminated between OGA-LTD and OA and is not included on the accompanying consolidated statements of activities. EHG charges CA, CC, LOVI, ECA, and FNPS a supervisory accounting fee for accounting, management and supervisory services provided. For the years ended December 31, 2018 and 2017, supervisory accounting fees of $165,000 and $165,000 were earned by EHG, which have been eliminated on the accompanying consolidated statements of activities. As of December 31, 2018, supervisory accounting fees of $24,000 were due to EHG from LOVI, which have been eliminated on the accompanying consolidating statements of financial position. As of December 31, 2017, supervisory accounting fees of $48,000 were due to EHG from OA and CC, which have been eliminated on the accompanying consolidated statements of financial position. No formal executed agreement exists in regards to the supervisory accounting fee. EHG assesses the fee annually based upon an estimate of services performed and costs incurred related to accounting, management and supervisory services provided directly to OA, CC, LOVI, ECA, and FNPS. RNI charges OA and CC asset management fees for management and supervisory services provided related to OGA-LTD and CCA-LTD. For the years ended December 31, 2018 and 20I7, asset management fees of $120,000 and $120,000 were earned by RNI, which have been eliminated on the accompanying consolidated statements of activities. As of December 31, 2018 and 2017, supervisory accounting fees of $1,280 and $1,280, respectively, were due to RNI from OA and CC, which have been eliminated on the accompanying consolidated statements of financial position. RNI assesses the fee annually based upon an estimate of services performed and costs incurred related to management and supervisory services provided directly to OA and CC. RNI charges ECA asset management fees for management and supervisory services provided related to ECA. For the years ended December 31, 2018 and 2017, asset management fees of $42,000 and $42,000, respectively, were earned and paid to RNI, which have been eliminated on the accompanying consolidated statements of activities. RNI assesses the fee annually based upon an estimate of services performed and costs ncurred related to management and supervisory services provided directly to ECA. RNI has balances due from affiliates for the payment of various administrative expenses. The balances between RNI and its affiliates have been eliminated in the accompanying consolidated financial statements and consist of the following: BCHC received advances from RNI to pay for general operating expenses. As of December 31, 2018 and 2017, the total amount of advances owed to RNI was $250000 and $0, respectively, which have been eliminated on the accompanying consolid,ated statements of financial position. -31- Rural Neighborhoods, Inc, and Its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 Notes Receivable -Affiliates Notes receivable from affiliates includes obligations payable to RNI under various note and loan agreements. The balances between RNI and its affiliates have been eliminated on the accompanying consolidated financial statements. On January 1, 2008, RNI entered into a promissory note with ECA for advances up to $350,000 to fund the development costs of CCC. The note is non -interest bearing and due on demand. As of December 31, 2018 and 2017, the note balance was $25,000 and $125,000, respectively. On June 1, 2008, RNI entered into a promissory note with ECA for $412,374 to fund the operating costs of CCC. The note is non -interest bearing and is due on demand. As of December 31, 2018 and 2017, the note balance was $412,374 and $412,374, respectively. On November 16, 2007, RNI entered into a $341,000 promissory note with PC for the purchase of land for development. The note bears interest at a rate of 6.75 percent per anmun and requires no amoral principal or interest payments. Any unpaid principal and interest is payable in full at maturity on November 16, 2012. On January 1, 201L RNI extended the maturity date to December 31, 2012 and reduced the interest rate to 0 percent. During 2012, phase III of PC was incorporated as a separate legal entity and the liability balance was transferred to PCSH. On January 1, 2013, RNI extended the maturity date to December 31, 2013. On November 26, 2013, RNI extended the maturity date to June 30, 2014. On February 3, 2015, RNI extended the maturity date to December 31, 2017. During 2017, RNI extended the maturity date to December 31, 2018. As of December 31, 2018 and 2017, the note balance was $0 and $341,000, respectively, and accrued interest was $0 and $7,000, respectively. On June 8, 2006, RNI entered into a $500,000 promissory note with OSC. The proceeds were received by RNI through the Affordable Housing Program of the Federal Home Loan Bank of Pittsburgh. The note is non -interest bearing and payable in full at maturity on May 1, 2039. As of December 31, 2018 and 2017, the note balance was $500,000 and $500,000, respectively. On August 24, 2007, RNI entered into a promissory note with ECA for advances of up to $300,000. The note is non -interest bearing and payable on demand. As of December 31, 2018 and 2017, $0 and $212,500, respectively, remained payable. ECA used the funds to fund various pre -development costs. On December 31, 2011, PC entered into a promissory note with RNI for advances of up to $150,000. The note is non -interest bearing and payable upon disposition of the PC project. During 2012, phase III of PC was incorporated as a separate legal entity and the liability balance was transferred to PCSH. As of December 3t, 2018 and 2017, the note balance was $0 and $277,200, respectively. -32- Rural Neighborhoods, Inc. and Its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 On November 3, 2004, LOVI-LTD entered into a promissory note with ECA in an amount not to exceed $75,000. Subsequently, the Board of Directors transferred the note to RNI through an assignment. The note is non -interest bearing and payable in full at maturity on November 3, 2034. As of December 31, 2018 and 2017, the note balance was $75,000 and $75,000, respectively. On November 19, 2004, LOVI-LTD entered into a promissory note with ECA in an amount not to exceed $1,500,000. Subsequently, the Board of Directors transferred the note to RNI through an assignment. The note is non -interest bearing and payable in full at maturity on November 19, 2034. As of December 31, 2018 and 2017, the note balance was $1.500,000 and $1,500,000, respectively. On August 30, 2006, RNI provided a loan of up to $400,000 for the construction of Phase I of EGALP. The proceeds were received by RNI through the U.S. Department of Housing and Urban Development. The loan bears interest at a rate of 1.00 percent per annum and matures August 30, 2046. RNI has been granted a security interest in the real Property of the project. For each of the years ended December 31, 2018 and 2017, interest incurred and paid was $2,713. As of December 31, 2018 and 2017, the balance of the loan was $271,306 and $271,306, respectively. During 2015 and 2014, HP was allocated $275,000 of restricted NeighborWorks funds for RNI for use in expansion of the project. These restricted funds are to be used for the proposes specified in the grant agreement. The grant agreement contains various covenants and compliance requirements. As of December 31, 2018 and 2017, the balance was $550,000 and $550,000, respectively. On December 31, 2015, HP entered into a note with RNI for an amount of $400,000. During the year ended December 31, 2016, HP entered into a new promissory note with RNI for $300,000. As of December 31, 2018 and 2017, the balance was $184,122 and $184,122, respectively. Droning 2015, PCSH was allocated $275,000 of restricted NeighborWorks funds for RNI for use in expansion of the project. These restricted funds are to be used for the purposes specified in the grant agreement. The grant agreement contains various covenants and compliance requirements. As of December 31, 2018 and 2017, the balance was $0 and $275,000, respectively. During 2015, EGALP entered into a promissory note with RNI in the amount of $529,300 to cover legal fees incurred by the Partnership. The note does not bear interest and is to be repaid upon exit of the General Partner. As of December 31, 2018 and 2017, the balance was $529,300 and $529,300, respectively. -33- Rural Neighborhoods, Inc. and Its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 During 2015, ESH entered into a promissory note with RNI in the amount of $112,998 to cover legal fees incurred by the Company. 'Phe note does not bear interest and requires no amhual payments. As of December 31, 2018 and 2017, the balance was $105,000 and $1 125998, respectively. On October 28, 2015, BWR entered into a note with RNI for an amount not to exceed $100,100. The note is non -interest bearing and has no fixed repayment date. As of December 31, 2018 and 2017, the balance was $0 and $100,100, respectively. On December 31, 2015, BWR entered into a note with RNI for an amount not to exceed $100,000. The note is non -interest bearing and has no fixed repayment date. As of December 31, 2018 and 2017, the balance was $175,000 and $122,900, respectively. During 2018, the entire principal balance was paid in full. During 2016 and 2015, OM received advances from RNI. As of December 31, 2018 and 2017, the balance was $0 and $200,000, respectively. On December 31, 2013, HP entered into a note with RNI for an amount not to exceed $100,000. The note is non -interest bearing and has no fixed repayment date. As of December 31, 2018 and 2017, the balance was $0 and $20,500, respectively. On December 31, 2009, EHG entered into a note with RNI for an amount not to exceed $250,000. The note is non -interest bearing and has no fixed repayment date. As of December 31, 2018 and 2017, the balance was $0 and $100,000, respectively. On February 28, 2017, RNI entered into a mortgage with FNPS in the amount of $ If 7,000. The note bears interest at 5 percent per annum and matures on February 28, 2047. As of December 31, 2018 and 2017, the note balance was $113,922 and $117,000, respectively. On February 28, 2017, RNI entered into a mortgage with FNPS in the amount of $117,000. The note bears interest at 5 percent per annum and matures on March 10, 2047. As of December 31, 2018 and 20I7, the note balance was $95,800 and $88,000, respectively. Notes Receivable from Affiliates also includes the following Obligations Pa able to ECA: On August 30, 2006, ECA entered into a promissory note with EGALP for $400,000 for the construction of glow -income housing project. The proceeds were received by ECA through the Affordable Housing Program of the Federal Home Loan Bank of Atlanta. The note bears interest at a rate of 1.0 percent per annum and matures August 30, 2046, As of December 31, 2018 and 2017, the balance of the note outstanding was $400,000 and $400,000, respectively. The balances have been eliminated in the accompanying -34- Rural Neighborhoods, Inc. and Its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS -CONTINUED December 31, 2018 and 2011 consolidating statements of financial position. For the years ended December 31, 20I8 and 2017, interest of $4,000 and $4,000, respectively, was incurred. The balances have been eliminated in the accompanying consolidated statements of activities. On March 10, 20084 ECA entered into a promissory note with EGII for $400,000 for the construction of a low-income housing project. The proceeds were received by ECA through the Affordable Housing Program of the Federal Home Loan Bank of Atlanta. The note is non -interest bearing and matures May 1, 2048, at which time the principal amount of the loan will be automatically forgiven if certain prescribed conditions are met. As of December 31, 2018 and 2017, the balance of the note was $400,000 and $400,000 respectively. The balances have been eliminated on the accompanying consolidated statements of financial position NOTES -MORTGAGES PAYABLE Notes and Mortaaaes Payable carder ECA are as follows On January 26, 1995, ECA entered into a loan agreement and a series of grants with the USDA for $20,21 I,190. The USDA loan of $6,389,219 and USDA grants of $13,821,971 were combined to provide construction funds for 239 of the rental units and the administrative complex for the EFV project. The loan is repayable in annual installments of $240,718 due on January I of each year. The loan bears interest at a rate of 1.00 percent per anmmm and matures January 1, 2032. As of December 31, 2018 and 2017, the loan balance was $2,094,362 and $2,311,961, respectively. As of December 31, 2018 and 2017, interest of $317 and $317, respectively, remained payable and is included in accrued interest payable on the accompanying consolidated statements of financial position. On March 26, 1996, ECA entered into a loan agreement and a series of grants with the USDA for $15,924,299. The loan of $I 450,000 and grants of $14,474,299 were combined to provide construction funds for 143 of the rental units along with a neighborhood retail center and a Miami -Dade County public park. The loan bears interest at a rate of 1.00 percent per annun and matures January I, 2034. Principal and interest are payable in annual installments of $54,630. As of December 31, 2018 and 2017, the loan balance was $456,256 and $505,827, respectively. As of December 31, 2018 and 2017, interest of $69 and $69, respectively, remained payable and is included in accrued interest payable on the accompanying consolidated statements of financial position. In August 2012, ECA entered into a loan agreement with the USDA for $1,500,000 to provide construction funds for the 18 units of ETV Phase 1V. The loan bears interest at a rate of 1.00 percent per annum and matures August 10, 2045. The loan requires annual interest payments beginning January I, 2013 through January 1, 2014. Principal and nterest are due in annual installments of $56,514 beginning January 1, 2015, with any unpaid principal and interest due at maturity. As of December 31, 2018 and 2017, the -35- Rural Neighborhoods, Inc. and Its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS -CONTINUED December 31, 2018 and 2017 loan balance was $1,245,667 and $1,289,289, respectively. As of December 31, 2018 and 2017, interest of $177 and $177, respectively, remained payable and is included in accrued interest payable on the accompanying consolidated statements of financial position. On December 1, 2006, ECA entered into a $1,500,000 can agreement with the USDA to provide construction funds for the 15 units of ERRH. On November 1, 2008, the loan agreement was amended to increase the loan to $1.614,309. The loan bears interest at a rate of 6.00 percent per annum with a 50-year amortization. The loan agreement requires monthly principal and interest payments of $8,553 until maturity on December 1, 2036. Under an interest credit agreement with the USDA, ECA receives a monthly interest credit of $5,027 towards the monthly principal and interest payment, resulting in a net monthly payment of $3,526 due from ECA. As of December 31, 2018 and 2017, the balance was $1,530,750 and $1,540,748, respectively, which includes unamortized debt ssuance costs of $3,842 and $4,056, respectively. As of December 31, 2018 and 2017, merest of $2,697 and $2,697, respectively, remained payable and is included in accrued nterest payable on the accompanying consolidated statements of financial position. During the years ended December 31, 2018 and 2017, interest expense totaled $32,304 and $32,840, respectively, which includes amortization of debt issuance costs of $214 and $214, respectively, and is included in interest on mortgages payable on the accompanying consolidated statements of activities. On December 15, 2004, F'CA entered into a $1,250,000 loan a�meement with FHFC to provide construction funds for the 28 units of CCC. The loan is non -interest bearing and requires annual payments of $41,667 into a debt service fund until maturity on December 30, 2020. ECA may extend the maturity date, at the sole discretion of the FHFC, in additional five-year increments based on continued occupancy by farm workers, not to exceed a total term of 30 years. As of December 31, 2018 and 2017, the loan balance was $1.250,000 and $1,250,000, respectively. On January 27, 2010, ECA entered into a $2,000,000 loan agreement with the USDA to provide construction funds for the 30 units of EMH. The can bears interest at a rate of 1.00 percent per annum and matures January 1, 2043, The loan agreement requires annual nterest payments beginning January 1, 2011 through January 1, 2012. Principal and merest are payable in annual installments of $75,351 beginning January 1, 2013 with any unpaid principal and interest due at maturity. The loan is secured by the underlying rental property. As of December 31, 2018 and 2017, the balance was $1,594,358 and $1,652,871, respectively, which includes unamortized debt issuance costs of $5,955 and $6,203. respectively. As of December 31, 2018 and 2017, interest of $227 and $227, respectively, remained payable and is included in accrued interest payable on the accompanying consolidated statements of financial position. During the years ended December 31, 2018 and 2017, interest expense totaled $16,839 and $17,409, respectively, which includes amortization of debt issuance costs of $248 and $248, respectively, and is -36- Rural Neighborhoods, Inc. and Its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 ncluded in interest on mortgages payable on the accompanying consolidated statements of activities. On Januaq29, 2010, ECA entered into a $1,030,665 loan agreement with the FHFC to provide construction funds for the 30 units of EMIT The loan is non -interest bearing and matures January 29, 2030, at which time the principal amount of the loan will be automatically forgiven if certain prescribed conditions are met. The loan is secured by the underlying rental property_ As of December 31, 2018 and 2017, the balance was $1.030,655 and $1,030,655, respectively. On May 1, 2004, LOVI-LTD entered into a first mortgage agreement with Citibank Federal Savings Bank with the principal not to exceed $2,000,000. On April 30, 2006, the conversion date, a pay -down of $286,731 was made to reduce the principal amount of the loan to $2,000,000. During 2009, the note was transferred and is now held with Berkadia Commercial Mortgage (Berkadia). The loan bears interest at a rate of 7.15 percent per annurn and is amortized over 30 years. Principal and interest are payable in monthly installments of $13,508 until maturity on May 1, 2021. As of December 31, 2018 and 2017, the balance was $1,594,296 and $1,624,028, respectively, which includes unamortized debt issuance costs of $15,023 and $30,551, respectively. During the years ended December 31, 2018 and 2017, interest expense totaled $132,097 and $135,229, respectively, which includes amortization of debt issuance costs of $15,528 and $15,528, respectively, and is included in interest on mortgages payable on the accompanying consolidated statements of activities. On February 29, 2009, LOVll-L'FD entered into a mortgage agreement with Berkadia for $2,095,000. The loan bears interest at a rate of 6.53 percent per anuun and matures February 28, 2024. Monthly principal and interest payments of $13,293 are required until maturity, at which time any unpaid principal and accrued interest are payable in full. As of December 31, 2018 and 2017, the balance was $1,719,55t and $1,748,645, respectively, which includes unamortized debt issuance costs of $68,559 and $80,630, respectively. During the years ended December 31, 2018 and 2017, interest expense totaled $130,081 and $132,691, respectively, which includes amortization of debt issuance costs of $12,071 and $12,071, respectively, and is included in interest on mortgages payable on the accompanying consolidated statements of activities. On November 25, 2009, PC entered into a $2,250,000 loan agreement with the USDA for tlie development of Phase I of the project. During the year ended December 3I, 2012, PC applied for and was granted a loan reamortization from the USDA. Per the amended loan agreement, the loan bears interest at a rate of 1.00 percent per annum and matures November 25, 2043. Principal and interest are due in annual installments of $84.715 beginning January 1, 2014, with any unpaid principal and interest due at maturity. As of December 31, 2018 and 2017, the balance was $1,762,504 and $1,826,971, respectively, which includes unamortized debt issuance costs of $36,697 and $38,291, respectively. During the years ended December 31, 2018 and 2017, interest expense totaled $20,249 -37- Rural Neighborhoods, Inc. and Its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 and $20,888, respectively, which includes amortization of debt issuance costs of $1,596 and $1,594, respectively, and is included in interest on mortgages payable on the accompanying consolidated statements of activities. As of December 31, 2018 and 2017, merest of $256 and $256, respectively, remained payable and is included in accrued merest payable on the accompanying consolidated statements of financial position. On November 25, 2009, PC entered into a $1,500,000 loan agreement with the USDA for the development of Phase lI of the project. During the year ended December 31, 2012, PC applied for and was granted a loan reamortization from the USDA. Per the amended loan agreement, the loan bears interest at a rate of 1.00 percent per annum and matures November 25, 2043. Principal and interest are due in annual installments of $57,066 beginning January 1, 2014, with any unpaid principal and interest due at maturity. As of December 31, 2018 and 2017, the balance was $1,190,755 and $1,223,559, respectively, which includes unamortized debt issuance costs of $21,219 and $22,916, respectively_ For the years ended December 31, 2019 and 2017, interest expense totaled $14,262 and $14,694, respectively, which includes amortization of debt issuance costs of $1,697 and $1,697, respectively, and is included in interest on mortgages payable on the accompanying consolidated statements of activities. As of December 31, 2018 and 2017, nterest of $172 and $172, respectively, remained payable and is included in accrued interest payable on the accompanying consolidated statements of financial position. On December 17, 2009, PC entered into a $3,855,304 loan agreement with the FHFC for the development of Phase I of the project. The loan bears interest at a rate of 1.00 percent per anntun and matures January 1, 2042. Annual interest payments are payable out of development cash flows, as defined, with any unpaid principal and interest due at maturity. As of December 31, 2018 and 2017, the loan balance was $3,855,304 and $3,855,304, respectively. During the years ended December 31, 2018 and 2017, interest expense totaled $38,553 and $38,553, respectively, and is included in interest on mortgages payable on the accompanying consolidated statements of activities. As of December 31, 2018 and 2017, interest of $206,723 and $168,170, respectively, remained payable and is included in accrued interest payable on the accompanying consolidated statements of financial position. On December 17, 2009, PC entered into a $I, ] 40,282 loan agreement with the FHFC for the development of Phase II of the project. The loan is non -interest bearing and requires a single balloon payment at maturity on January 1, 2042. As of December 31, 2018 and 2017, the loan balance was $1,140,282 and $1,140,282, respectively. On January 18, 2007, OSC entered into a $3,000,000 loan agreement with the USDA. The loan bears interest at a rate of 1.00 percent per annum and matures .Tanuary 18, 2040. The loan requires annual payments of accrued interest beginning January 1, 2008 through January I, 2009. Principal and interest are payable in annual installments of $113,027 beginning on January I, 2010, with any unpaid principal and interest due at maturity. As of December 31, 2018 and 2017, the balance was $2,123,990 and $2,214,507, _38_ Rural Neighborhoods, Inc. and Its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 espeetively, which includes unamortized debt issuance costs of $6,564 and $6,861, respectively. During the years ended December 31, 2018 and 2017, interest expense totaled $22,511 and $23,267, respectively, which includes amortization of debt issuance costs of $297 and $297, respectively, and is included in interest on mortgages payable on the accompanying consolidated statements of activities. On December 28, 2007, ESH entered into a $300,000 loan agreement with the PHFC for the construction of the project. The loan is non -interest bearing and requires a single balloon payment at maturity on December 28, 2027. As of December 31, 2018 and 2017, the loan balance was $295,264 and $294,740, respectively, which includes unamortized debt issuance costs of $4,736 and $5,260, respectively. Notes and Mortga es Pa able under BCHC are as follows: On May 3, 2002, BCHC entered into a $2,500,000 loan agreement with the USDA to provide funds for the construction of MSV. The loan bears interest at a rate of 1.00 percent per annum and matures May 3, 2035. Principal and interest are payable in annual installments of $94,189. USDA requires a monthly payment to a debt service reserve account of 1/12th of the annual principal and interest payment. As of December 31, 2018 and 2017, the balance was $1,385,530 and $1,465,069, respectively. During the years ended December 31, 2018 and 2017, interest expense totaled $14,651 and $15,340, respectively, and is included in interest on mortgages payable on the accompanying consolidated statements of activities. As of December 31, 2018 and 2017, interest of $201 and $201, respectively, remained payable and is included in accrued interest payable on the accompanying consolidated statements of financial position. On October 3, 2007, EGALP entered into a $3,000,000 loan agreement with the USDA. The loan bears interest at a rate of 1.00 percent per annnrn and matures January 1, 2040. Principal and interest are payable in annual installments of $113,027 beginning on January 1, 2010, with any unpaid principal and interest due at maturity. As of December 31, 2018 and 2017, the balance of the loan was $2.107,124 and $2,198,170, respectively. During the years ended December 31, 2018 and 2017. interest expense totaled $21,982 and $22,741, respectively, and is included in interest on mortgages payable on the accompanying consolidated statements of activities. As of December 31, 2018 and 2017, interest of $301 and $301, respectively, remained payable and is included in accrued interest payable on the accompanying consolidated statements of financial position. On October 3, 2007, EGII entered into a $2,250,000 loan agreement with the USDA. The loan bears interest at a rate of I.00 percent per annum and matures January 1, 2040. Principal and interest are payable in annual installments of $84,770 beginning January 1, 2010 with any unpaid principal and interest due at maturity. As of December 31, 2018 and 2017, the balance was $1.547,813 and $1,614,297, respectively, which includes unamortized debt issuance costs of $35,189 and $36,963, respectively. During the years ended December 31. 2018 and 2017, interest expense totaled $18,287 and $18,856, -39- Rural Neighborhoods, inc. and its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED Beeembel 3l, 2018 and 2017 respectively, which includes amortization of debt issuance costs of $1,774 and $1,774 respectively, and is included in interest on mortgages payable on the accompanying consolidated statements of activities. As of December 31, 2018 and 2017, interest of $226 and $226, respectively, remained payable and is included in accrued interest payable on the accompanying consolidated statements of financial position. On May 3, 2002, MSV entered into a $3.280,000 loan agreement with the FHFC for the construction of the project. The funds were provided by the FHFC under the HOME Investment Partnerships Program (HOME). The loan is non -interest bearing and requires a single balloon payment due on May 3, 2035. As of December 31, 2018 and 2017, the balance of the loan was $3,280,000 and $3,280,000, respectively. On October 31, 2007, EGII entered into a $3,500,000 loan agreement with the FHFC. The funds were provided by the FHFC under the SAIL Program for the construction of Phase III of the EGA project. The loan bears interest at a rate of 1.00 percent per annum and matures January 1, 2040. The loan requires annual payments based on the actual cash flow of the phase, as defined. As of December 31, 2018 and 2017, the balance of the loan was $3,500,000 and $3,500,000, respectively. During the years ended December 31, 2018 and 2017, interest expense totaled $35,000 and $35,000, respectively. As of December 31, 2018 and 2017, interest of $264,979 and $237,985, respectively, remained payable and is included in accrued interest payable on the accompanying consolidated statements of financial position. On July 1, 2007, EGALP entered into a SHIP loan agreement with Collier County, for $442,000 to fund the construction of the project. The loan is non -interest bearing and requires no payments for the first six years. Beginning December 31, 2014, annual principal payments of $31,571 are required through maturity on December 31, 2028. As of December 31, 2018 and 2017, the balance was $284.143 and $315,714, respectively. On December 7, 2015 EGALP entered into a promissory note with City L1U Tax Credit Fund II, LLC (Investor limited partner) for $100,000. I he note does not bear interest and matures on December 31, 2023. As of December 31, 2018 and 2017, the balance was $42,206 and $42,206, respectively. Notes and Mortgages Payable under LMHC are as follows On September 22, 2000, LMHC entered into a series of loans and grants with the USDA to construct MV. USDA loans of $3,255,480 and USDA grants of $1,919,520 were combined with a $342,000 grant from the FHLBA to provide construction funds for the Family Units. The loans bear interest at a rate of 1,00 percent per amrum and mature November 1, 2036. The loans are repayable in annual installments of $122,652 due on November t of each year. As of December 31, 2018 and 2017, the balance of the loans was $1,907,100 and $25009,656, respectively. During the years ended December 31, 2018 and 2017, interest expense totaled $19,903 and $20,920, respectively, and is included in -40- Rural Neighborhoods, Inc. and Its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS -CONTINUED December 31, 20i 8 and 2017 nterest on mortgages payable on the accompanying consolidated statements of activities. As of December 31, 2018 and 2017, interest of $3,605 and $3,799, respectively, remained payable and is included in accrued interest payable on the accompanying consolidated statements of financial position. On November 13, 2009, LMHC entered into a $2,910,000 loan agreement with the USDA for the construction of MV4. The loan bears interest at a rate of 1.00 percent per annun and matures January 1, 2042. The loan requires annual interest payments beginning on January 1, 2010. Principal and interest will be payable in annual installments of $109,712 beginning on January 1, 2012, with any unpaid principal and nterest due at maturity. As of December 31, 2018 and 2017, the balance was $2,182,402 and $2,266,405. respectively, which includes unamortized debt issuance costs of $56,812 and $59,189, respectively. During the years ended December 31, 2018 and 2017, interest expense totaled $25,633 and $26,393, respectively, which includes amortization of debt ssuance costs of $2,377 and $2,377, respectively, and is included in interest on mortgages payable on the accompanying consolidated statements of activities. As of December 31, 2018 and 2017, interest of $2,612 and $2,612, respectively, remained payable and is included in accrued interest payable on the accompanying consolidated statements of financial position. Loans of $580,000 were obtained from Che Hillsborough County Community Improvement District (FICCID) to purchase three parcels of land and to pay the water and waste -water fees for the site of MV and MV4. The loans consist of $300,000 obtained on February 21, 2001, $80,000 obtained on October 9, 2001, and $200,000 obtained on February 9, 2004. The loans are non -interest bearing for the first 5 years, 1.00 percent interest for years 6 through 10, 1.25 percent interest for years 11 through 20, 1.50 percent interest for years 21 through 30, and 2.00 percent for years 31 through 40. The $300,000 and $80,000 loans require annual interest payments based on the available cash flow of MV and MV4, respectively, as defined. Any unpaid interest accrues interest at the AFR. The $200,000 accrues interest annually on the principal balance which is payable upon disposal of the MV project. The loans mature upon disposition of property. As of December 31, 2018 and 2017, the balance of the loans was $579,895 and $579,895, respectively. During the years ended December 31, 20J8 and 2017, interest expense totaled $7,635 and $8,075, respectively, and is included in interest on mortgages payable on the accompanying consolidated statements of activities. As of December 31, 2018 and 2017, interest of $13,046 and $11,759, respectively, remained payable and is included in accrued interest payable on the accompanying consolidated statements of financial position. On November 30, 2009, MV4 entered into a $1,250,000 loan agreement with the FHFC under the SAIL Program for the construction of the project. The loan bears interest at a fixed rate of 1.00 percent per annum and matures November 30, 2042. The loan requires annual interest payments based on the available cash flow of MV4, as defined. As of December 31, 2018 and 2017, the balance of the loan was $1.250,000 and $1,25050004 -41- Rural Neighborhoods, Inc. and Its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 respectively. For the years ended December 31, 2018 and 2017, interest expenses totaled $12,500 and $12,500, respectively, and is included in interest on mortgages payable on the accompanying consolidated statements of activities. As of December 31, 2018 and 2017, interest of $98,111 and $85,61 I, respectively, remained payable and is included in accrued interest payable on the accompanying consolidated statements of financial position. Notes and Mortaa�es Payable under ENT are as follows On January 15, 2016, OM entered into a mortgage note with Community housing Capital, Inc. in the original amount of $1,500,000. The loan required monthly interest payments based upon a fixed rate of 5.95 percent until conversion to permanent status. During the years ended December 31, 2018 and 2017, total interest expense was $90,714 and $59,694, respectively. Of this amount $56,040 and $54,069, respectively, was capitalized to building and improvements and $34,674 and $5,625, respectively, which ncluded amortization of debt issuance costs of $4,937 and $5,625, respectively, was expensed and is included in interest on mortgages payable on the accompanying consolidated statement of activities. During 2018, the CHC loan conver[ed to the permanent first mortgage loan. The permanent first mortgage is a fifteen year permanent loan amortized over thirty years requiring monthly principal and interest payments of $9,392 based upon an interest rate of 6.41 percent. After the fifteen year period, all outstanding principal and interest are due upon maturity. As of December 31, 2018, the outstanding principal balance was $1,483,556, net of unamortized debt issuance costs of $13,677. Interest expense for the year ended December 31, 2018 was $24,993, which includes amortization of debt issuance costs of $977 and is included in interest on mortgages payable on the accompanying consolidated statement of activities. On October 25, 2016, OM entered into a $2,215,Ann loan agreement with the FHFC under the SAIL Program for the const<uction of the project The Ioan bears interest at a fixed rate of 1.00 percent per annum and matures October 25, 2046. The loan requires annual interest payments based on the available cash flow of OM, as defined. As of December 31, 2018 and 2017, the balance of the loan was $2,131,306 and $1,511,533, which includes unamortized debt issuance costs of $83,694 and $90,219, respectively. As of December 31, 2018 and 2017, interest expense totaled of $28,675 and $6,525, respectively, which includes $6,520 and $6,525, respectively, of amortization of debt issuance costs, and is included in interest on mortgages payable on the accompanying consolidated statements of activities. On October 25, 2016, OM assumed a $526,6481oan from with the FHFC under the SAIL Program from Timber Ridge of Immokalee, LP in the original amount of $500,000. The loan bears interest at a fixed rate of 1.00 percent per annum and matures October 25, 2046. The loan requires annual interest payments based on the available cash flow of -42- Rural Neighborhoods, Ina and Its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 OM, as defined. As of December 31, 2018 and 2017, the balance of the loan was $515,173 and $514,273, which includes unamortized debt issuance costs of $11,175 and $12,375, respectively. As of December 31, 2018 and 2017, interest expense totaled of $6.166 and $900, respectively, which includes $900 and $900, respectively, of amortization of debt issuance costs, and is included in interest on mortgages payable on the accompanying consolidated statements of activities. Tax Credit Assistance Program (TCAPI I oars On April 29, 2010, OGA-LTD entered into a TCAP agreement with the FHFC for an amount not to exceed $3,430,567, consisting of a TCAP Loan ("TCAP Loan") of $2,750,567 and a TCAP/Supplemental Loan ("Supplemental Loan") of $680,000. The TCAP Loan bore interest at a rate of zero percent through May 1, 2012 and is non - amortizing during the term of the note. Commencing on May 1, 2012, annual interest payments were due at a rate of .33% simple interest on the outstanding principal balance, subject to available cash flow, as defined. As of January 1, 2014, the for -profit borrower withdrew and the interest rate was reduced to 0 percent. Unpaid interest and principal is due on February 16, 2027. The Supplemental Loan bears no interest and is non -amortizing during the term of the note, with a balloon payment due and payable on April 29, 2025. As of December 31, 2018 and 2017, the outstanding principal balance was $3,409,908 and $3,407,085, respectively, which includes unamortized debt issuance costs of $20,659 and $23,482, respectively. During the years ended December 31, 2018 and 2017, interest expense totaled $2,823 and $2,823, respectively, which is made up entirely of amortization of debt issuance costs, and is included in interest on mortgages payable o❑ the accompanying consolidated statements of activities. On April 7, 2010, CCA-LTD entered into a TCAP agreement with the FHFC for an amount not to exceed $3,675,167, consisting of a TCAP Loan of $2,995,167 and a Supplemental Loan of $680,000, The TCAP Loan bore interest at a rate of zero percent through May 1, 2012 and is non - amortizing during the term of the note. Commencing on May 1, 2012, annual interest payments were due, subject to available cash flow, as defined, at a blended rate of 1.0% shnple interest per annum on the portion of the development determined by the FHFC to be owned by a for -profit borrower, and 0% interest on the portion of the development determined by the FHFC to be owned by a non-profit borrower on the outstanding principal balance. As of January 1, 2014, the for -profit borrower withdrew and the interest rate was reduced to 0 percent. Unpaid interest and principal is due on February 16, 2027. -43- Rural Neighborhoods, Inc. and Its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 20I7 The Supplemental Loan bears interest at a rate of 0% si nple interest per annum on the outstanding principal balance and is non -amortizing during the term of the note, with a balloon payment due and payable on April 7, 2025. As of December 31, 2018 and 2017, the outstanding principal balance was $3,650,068 and $3,646,1211 respectively, which ncludes unamortized debt issuance costs of $25,099 and $29,046, respectively. During the years ended December 31, 2018 and 2017, interest expense totaled $3,947 and $3,947, respectively, which is made up entirely of amortization of debt issuance costs, and is included in interest on mortgages payable on the accompanying consolidated statements of activities. Tax Credit Exchange Program (TCFPI I oans On April 29, 2010, OGA-LTD entered into a TCEP agreement with the FHFC for an amount not to exceed $12,674,248. The TCEP loan bears no interest and is non. amortizing during the term of the note. As of December 31, 2018 and 2017, the outstanding principal balance was $5,849,879 and $6,685,928, respectively, which includes unamortized debt issuance costs of $64,769 and $73,670, respectively. On April 7, 2010, CCA-LTD entered into a TCEP agreement with the FHFC for an amount not to exceed $10,242,500. The TCEP loan bears interest at rate of zero percent and is non -amortizing during the term of the note. As of December 31, 2018 and 2017, the outstanding principal balance was $4,726,474 and $5,402,547, respectively, which includes unamortized debt issuance costs of $53,362 and $60,122, respectively. Under the TCEP loan agreements, loan principal is forgiven annually over the 15-year tax credit compliance period. Forgiveness is subject to OGA-LTD and CCA-LTD maintaining compliance with Section 42. Prior to being forgiven the remaining outstanding portion of the loans that has not been forgiven is subject to repayment in the event OGA-LTD and CCA-LTD fail to maintain compliance. No principal payments are required to be paid during the loan terms. The loan agreements provide FHFC with a security interest in the buildings and improvements of the projects. The loans are subordinated to the first mortgages. Loan proceeds funded with Section 1602 program funds are intended to assist with payment of development costs of LIHTC properties. In exchange for the funds received, OGA-LTD and CCA-LTD have agreed to operate their properties in accordance with Section 42. Under the American Recovery and Reinvestment Act, portions of the loans which have been forgiven are considered government assistance related to assets and are considered non-taxable income. OGA-LTD and CCA-LTD will record the portions of their loans which have been forgiven as a deferred liability which will be recognized as tax-exempt income based on the total amount of the loan expected to be forgiven on a straight line basis over the depreciable life of the buildings and improvements of the projects. The TCAP and TCEP loans are serviced by Seltzer Management Group, Inc. -44- Rural Neighborhoods, Inc. and its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2016 and 2017 HOME Loans On April 29, 2010, OGA-LTD entered into a HOME loan agreement with the FHFC for an amount not to exceed $115,900. Effective January 1, 2014, Florida Housing reduced the interest rate to zero percent. The entire unpaid principal balance is due on February 16, 2030, the maturity date. As of December 31, 2018 and 2017, the outstanding principal balance was $96,019 and $92,935, respectively, which includes unamortized debt ssuance costs of $19,881 and $22,965, respectively. During the years ended December 31, 2018 and 2017, interest expense totaled $3,084 and $3,084, respectively, which is made up entirely of amortization of debt issuance costs, and is included in interest on mortgages payable on the accompanying consolidated statements of activities. On April '7, 2010, CCA-LTD entered into a HOME loan agreement with the FHFC, for an amount not to exceed $130,000. Effective January 1, 2014, Florida Housing reduced the interest rate to zero percent. The entire unpaid principal balance is due on February 165 2027, the maturity date. As of December 31, 2018 and 2017, the outstanding principal balance was $110,137 and $107,329, respectively, which includes unamortized debt issuance costs of $19,963 and $22,671, respectively. During the years ended December 31, 2018 and 2017, interest expense totaled $2,808 and $2,808, respectively, which is made up entirely of amortization of debt issuance costs, and is included in interest on mortgages payable on the accompanying consolidated statements of activities. On October 21, 2016, OM entered into a promissory note with the Federal Home Loan an (FHLB) through the rriLB's Affordable Housing Subsidy Program (AHP) in the amount of $440,000, The note is non -interest bearing, and if the AHP's prescribed conditions are met during the 15 year compliance period, the entire principal amount of the loan will be forgiven. The balance of the loan as of December 31, 2018 was $440,000. Notes and Mort�a�es Payable under PCSH are as follows On September 17, 2013, PCSI1 received a Capital Advance pursuant to Section 202 of the National Housing Act in the final endorsed amount of $3,837,200 from HUD for costs related to the construction and development. Under the terms of the agreement, the Project must remain available for very low-income elderly individuals/families as approved by HUD for no less than 40 years. Failure to do so could require all or a portion of the Capital Advance to be repaid to HUD. The Capital Advance has been recorded as a mortgage payable and has a final maturity date of November 1, 2056. The mortgage bears no interest and repayment is not required so long as the housing remains available for very low-income elderly individuals/families as approved by HUD. As of December 31, 2018 and 2017, $3,837,200 and $2,909,422, respectively, had been received and $0 and $2,909,422, respectively, remains outstanding. -45- Rural Neighborhoods, Inc. and its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 3 i , 2018 and 2017 Notes and Mortaaaes Payable under FLAPS are as follows EP has a mortgage note payable to the USDA, bearing interest at a rate of I percent per annum and maturing on February 11, 2043. Annual installments of principal and interest in the amount of $] 1,303 are due beginning January 1, 2013, with any unpaid principal and interest due at maturity. The USDA mortgage is collateralized by a first lien on the land, buildings and improvements, and an assignment of leases, rents and profits of the Organization. The balance of the mortgage payable at December 31, 2018 and 2017 was $239,859 and $248,675, respectively. During the years ended December 31, 2018 and 2017, interest expense totaled $2,487 and $2,476, respectively, and is included in interest on mortgages payable on the accompanying consolidated statements of activities EP entered into a mortgage note payable to the Florida Housing Finance Agency, State Apartment Incentive Loan Program (S.A.LL.) with interest at zero percent, defaulting to 18 percent should occupancy by qualified occupants fall below 80 percent. Repayment of principal and interest is determined amorally in August for the preceding calendar year by the Florida Housing Finance Agency, based upon actual cash flow of the Project, with final payment of principal and unpaid interest due February 2043. The balance of the mortgage payable at December 31, 2018 and 2017 was $3,187,764 and $3,187,756, respectively. The Florida Housing Finance Agency mortgage is collateralized by a second lien on the land, buildings and improvements. The estimated aggregate principal maturities of the promissory and mortgage notes payable subsequent to December 31, 2018 are as follows: ECA Bclic LMHC NIT PCSH PIVVS Total 2019 $ 680,802 S 2721901 S 190,943 5 11545,020 S - S 8,911 5' 2,698,577 Me()1,943,932 275,333 I92,876 r546,158 - 9002 3,967201 2021 707,426 277.790 194,828 11547,371 9.094 21736,509 2022 721,625 2811,273 196,800 1,548,664 - 9,186186 2,756,548 2023 736,459 281,780 198,792 1,550,042 - 91280 217771353 111erealrer 18,256,447 11289,297 5001,970 14,987744 31837,200 3,382,150 56,754808 Total 231046,591 I21678,374 5,976,209 22.724,999 31837,200 3,4271623 71,690,996 less tnlnmorii-zed debt Issuance costs (161595) (35, 189) (.56812) (31),479) - - (567.075) 22,883,996 12,643,185 9919397 22,412,520 3,R37,200 3427,623 71(567,07 Less current mnmrifies (680,802) (272,901) ()90943) (1,5452520 - 921 Nelloug-term «ion S 22203194 > ) (8,911) (2.698577) Po $ 12 370._84 S 7728,454 $ 20,867 %0 $ 3 837 200 S 3,418.712 $ 68,425944 All loans noted above are secured by the underlying value of the real estate collatel-al, mprovements, easements of other interests, assignments of rents and leases and personal property. NOTE 6 -ASSET MANAGEMENT FEE FHFC, in its capacity as asset manager of the OGA-LTD and CCA-LTD projects, is to be paid an annual cumulative asset management fee of $3,000 per project, per year, commencing on the closing dates. The asset management fee is paid to the FHFC or the -46- Rural Neighborhoods, Inc. and Its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 appointed loan servicer for reviewing informational reports, financial statements, and other financial, program, and compliance reports as required by TCAP. The fee is payable to the extent of available cash flow and unpaid fees accrue without interest. During 2018 and 2017, asset management fees of $3,000 and $3,000, respectively, were incurred by OGA-LTD and $3,000 and $3,000, respectively, remained payable. During 2018 and 2017, asset management fees of $3,000 and $3,000, respectively, were incurred by CCA-LTD and $3,000 and $3,000, respectively, remained payable. These amounts are included in accounts payable on the accompanying consolidated statements of financial position. NOTE 7 - PARTNER'S CAP[TAL CONTRIBUTIONS Live Oak Villas, Ltd. Pursuant to the partnership agreement, the investor limited partner of LOVI-LTD was required to make capital contributions of $7,295,173. As of December 31, 2018 and 2017, all required capital contributions had been received. In addition to the required capital contributions, LOVI-LTD received an upward tax credit adjuster of $117,419 during 2006. Live Oak Villas 11, Ltd. Pursuant to the partnership agreement, the investor limited partner of LOVII-LTD was required to make capital contributions of $11,449,205. As of December 31, 2018 and 2017, all required capital contributions had been received. In addition to therequired capital contributions, LOVII-LTD received an upward tax credit adjuster of $35,734 during 2009. Oaks at Shannon's Crossing LP Pursuant to the partnership agreement, the investment limited partner of OSC is required to make capital contributions of $9,455,565. As of December 31, 2018 and 2017, the investor limited partner had made capital contributions of $9,455,565 and $9,455,565, respectively, less a downward tax credit adjuster of $435,011 received during 2009. Eden Gardens Apartments LP Pursuant to the partnership agreement, the limited partner of EGALP is required to make capital contributions of $2,840.716 less a downward adjuster of $5,247. As of December 31, 2018 and 2017, the limited partner had made contributions of $2,835,469 and $2,835,469, respectively. The total capital contribution required by the limited partner is subject to adjustment if certain annual tax credit benchmarks are not attained, as defined. Orchid Grove Apartments Ltd Pursuant to the partnership agreement, the partners of OGA-LTD are required to make aggregate capital contributions totaling $100. The limited partner is required to a make capital contribution of $99.99, which remains payable as of December 31, 2018 and 2017. -47- Rural Neighborhoods, Inc. and Its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED Becember 31, 2018 and 2017 The managing general partner is required to make a capital contribution of $0.0033 and OA s required to make a capital contribution of $0.0067, which has been paid as of December 3I , 2018 and 2017. Cypress Cove Apartments I Ld Pursuant to the partnership agreement, the partners of CCA-LTD are required to make aggregate capital contributions totaling $100. The limited partner is required to a make capital contribution of $99.99, the special limited partner is required to make a capital contribution of $0.0033, and CC is required to make a capital contribution of $0.0067. As of December 31, 2018 and 2017, the capital contributions owed by the limited partner have not been paid. Upon achievement of stabilization, the limited partner was required to contribute an additional $650 to CCA-LTD. During 2011, this additional contribution was paid. NOTE 8 - PENSION PLAN The Corporation has a 401(k) profit sharing plan (the Plan) for the exclusive benefit of its employees. The Plan covers all employees who have attained the age of 21 and completed three months of service. The Corporation provides qualified non -elective contributions of 3 percent of compensation for all eligible employees. Additional discretionary contributions of 4.3 percent of compensation up to $21,000 and 8.6 percent of compensation in excess of $21,000 may be made by the Corporation. The additional contributions vest proportionately over a three-year period. The Corporation's contributions for the years ended December 31, 2018 and 2017 were $201,322 and $193,778, respectively, and are included in project administration expenses on the accompanying consolidated statements of activities. NOTE9-PROPERTY MANAGEMENT PEES Professional Management, Inc. is an unrelated management company that oversees the operations of LOVI-LTD, LOVIl-LTD, OGA-LTD, and CCA-LTD. The current management agreements for LOVI-LTD and LOVII-LTD provide for monthly fees equal to the greater of $2,500 or 5 percent of gross collections, as defined_ The current management agreements for OGA-LTD and CCA-LTD provide for monthly fees equal to the greater of $3,500 or 5 percent of gross collections, as defined. For the years ended December 31, 2018 and 2017, property management fees of $159,778 and $156,072, respectively, were incurred and $731 and $2,792, respectively remained payable and are included in accrued expenses on the accompanying consolidated statements of financial position. NOTE 10 -CONCENTRATION OF CREDIT RISK The Corporation maintains its cash balances in multiple financial institutions. At times, these balances may exceed the federal insurance limits; however, the Corporation has not experienced any losses with respect to its bank balances in excess of government provided insurance. Management believes that no significant concentration of credit risk exists with respect to these balances as of December 31, 2018 or 2017. _48_ Rural Neighborhoods, Inc. and Its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 NOTE 1 I -CURRENT VULNERABILITY DUE TO CERTAIN CONCENTRATIONS The Corporation's principal assets are its rental units. The Corporation's operations are concentrated in the affordable housing real estate market. In addition, the Corporation operates in a heavily regulated environment. The operations of the projects are subject to the administrative directives, rules, and regulations of federal, state and local regulatory agencies, including, but not limited to, Rural Development and the State Housing Agency. Such administrative directives, rules and regulations are subject to change by an Act of Congress or an administrative change mandated by Rural Development or the State Housing Agency. Such changes may occur with little notice or inadequate funding to pay for the related cost, including the additional administrative burden to comply with a change. NOTE 12 -LIQUIDITY AND AVAILABILiTl' OF RESOURCES RNPs financial assets available within one year of the statement of financial position date for general expenditures are as follows: Cash and cash equivalents $ 6,221,939 Accounts receivable - tenants 39,217 Rental assistance receivables 504,841 Miseellaneousreceivables 2825445 Grant receivables 183,990 Prepaid expenses 491,567 Total current assets $ 7,7231999 RNI manages its liquidit)� by developing and adopting annual operating budgets that provide sufficient funds for general expenditures in meeting its liabilities and other obligations as [hey come due. RNI maintains financial assets on hand to meet 60 days of normal operating expenses. NOTE 13 -COMMITMENTS AND CONTINGENCIES Farm Labor Requirement In accordance with the loan agreements with the USDA, EFV, OSC, MSV, EGALP, MV and LOVI-LTD designated their projects as farm labor projects. 100 percent of the EFV, OSC, MSV and EGALP units and 62 of the MV units must be rented to eligible farm workers, as defined. In 2013, the USDA granted OSC a permanent exemption from this requirement. 60 percent of LOVI-LTD's units must be rented to eligible farm workers, as defined. -49- Rural Neighborhoods, Inc. and Its Affiliates NOTES TO CONSOLIDATF_D FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 Operative Deficit Guaranty In connection with the development of the tax ere dit projects, LOVI, LOVll and SCL are required to loan the respective partnerships amounts to cover operating deficits for 36 months following rental achievement, as defined. The maximum amount of operating loans ranges from $175,000 to $325,000 and advances are repayable only from available cash flows, as defined. The operating deficit expired on February 28, 2012. Any loan made after that date is considered a due to affiliate. During 2018 and 2017, ECA had loans of $105,000 and $105,000, respectively, to LOVII-LTD (see also Note 4). The balances between ECA and LOVII-LTD have been eliminated and are not included on the accompanying consolidating statements of financial position. Pursuant to the mortgage loan documents, OA and CC are required to advance funds to their respective partnerships to cover operating deficits of the related projects. OA and CC are liable to fund 20% of any operating deficits of their respective partnerships, until such time that the managing general partners are released from their guarantees under the mortgage loan documents by the FHFC. Any advances will be treated as subordinate loans repayable with interest. As of December 31, 2018 and 2017, no operating deficit advances have been made. Pursuant to the partnership agreement, CSS is required to loan EGALP amounts not to exceed $200,000 to cover operating deficits of the project beginning with the achievement of breakeven operations, as defined, and continuing for five years or the achievement of a debt coverage ratio of l to I over a consecutive 12-month period, whichever is later. Operating deficit advances are non -interest bearing and are repayable only from available cash flows, as defined. As of December 31, 2018 and 2017, no operating deficit advances have been made. Development Deficit Guaranty LOVII, SCL, CSS, OA, and CC have guaranteed the per%nuance and payment obligations of the developer under the development agreement to the respective partnerships and their limited partners. As of December 31, 2018 and 2017, no development deficit advances have been made. Exchanee Funds The exchange funds of the affordable housing partnerships are contingent on their ability to maintain compliance with applicable sections of Section 42. Failure to maintain compliance with occupant eligibility, and/or unit gross rent, or to correct noncompliance within a specified time period could result in repayment of exchange funds. Low-income Housing Tax Credits The low-income housing tax credits of the affordable housing partnerships are contingent on their ability to maintain compliance with applicable sections of Section 42 of the Internal -50- Rural Neighborhoods, Inc. and Its Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUFD December 31, 2018 and 2017 Revenue Code. Failure to maintain compliance with tenant income eligibility and rent limits or to correct instances of noncompliance within a reasonable time period could result in recapture of previously claimed tax credits plus interest. In addition, any such noncompliance, if it were to occur, likely would result in an adjustment to the contributed capital of the limited partners. NOTE 15 -SUBSEQUENT EVENTS Events that occur after the consolidated statement of financial position date but before the consolidated financial statements were available to be issued must be evaluated for recognition or disclosure. The effects of subsequent events that provide evidence about conditions that existed at the consolidated statement of financial position date are recognized it the accompanying consolidated financial statements. Subsequent events which provide evidence about conditions that existed after the consolidated statement of financial position date, require disclosure in the accompanying notes. Management evaluated the activity of the Corporation through May 29, 2019 (the date the consolidated financial statements were available to be issued) and concluded that no subsequent events have occurred that would require recognition in the consolidated financial statements or disclosure in the notes to the consolidated financial statements. -51- SUPPLEMENTAL INFORMATION a fn it CAI AA I GA ZA 3ALI ALICA ALI CA IN In 4 CA AD In AD vo CA CA en AD In In C� (Al CD CA CC CA CA IT In CA CA Al AN AD CA CID CA CA v In A In In AN c AA CA IIA CA In Cj ww CA CA CA In CA AD AD CA In In In Ci In co In IAI vi 15 en CI CA IT Cr In C CA GO In In AID vi IN r In rAi CA CA I CA CA ItA - "J - - - -_ ' - - - - _ _ E _ ___ oNG - 7 In IF_ v o E _ _ _ c _ _CA 3ALIL _ _CA _ _ _ N ell ell cel el le- kr Ln ell ell GO 0 Pl ell CY) ell Ell ell I he ell el, el GO 'el cn ell ON en fl CD en ell 0 kr zl ell llill lee cl ell cr ell erl 7 ell ell le el ell rl ell ell ell el ell ell lllr ell %eD CD en eD ell ler ec ell en ll- ell ell ell le el u ez ell le el u ez Rural Neighborhoods, Inc. STATEMENT OF ACTIVITIES Year ended December 31, 2018 OTHER REVENUE Interest income Interest income - related party Developer fee income Grant revenue Miscellaneous revenue Total other revenue EXPENSES Project administration expenses Taxes and insurance Total expenses Income from operations NON -OPERATING EXPENSES Miscellaneous expense Depreciation expense Total non -operating expenses Change in net assets Permanently Unrestricted Restricted Total 65,164 65,164 265,165 265,165 1,073,501 - 1,073,501 214,363 214,363 1,635,705 14635,705 1,259,167 - 1,259,167 23,695 2305 1,282,862 15282,862 352,843 352,843 24,118 - 24,118 182 182 24300 24300 $ 328,543 $ $ 328,543 See independent auditor's report. -59- Rural Neighborhoods, Inc. STATEMENT OF ACTIVITIES Year ended December 31, 2017 Permanently Unrestricted Restricted OTHER REVENUE Interest income Interest income - related parry Grant revenue Miscellaneous revenue Total other revenue EXPENSES Project administration expenses Taxes and insurance Total expenses Income (loss) from operations NON -OPERATING EXPENSES Depreciation expense Total non -operating expenses Change in net assets Total 61,474 615474 830,075 830,075 191,060 191,060 1,096,059 1,096,059 839,520 - 839,520 25,414 25,414 864,934 864,934 231,125 231 J 25 1,090 - 1,090 1,090 1,090 $ 230,035 $ - $ 2305035 See independent auditor's report. -60- Rural Neighborhoods, Inc. and Its Affiliates SCHEDULES OF FINANCIAL POSITION AND STATEMENTS OF ACTIVITIES FOR THE NEIGHBORWORKS AMERICA CAPITAL FUND Rural Neighborhoods Inc Schedules of Financial Position December 31, 2018 and 2017 ASSETS Cash Intercompany receivable - Hatchers Preserve can Receivable PCSH Total LLABILITIES AND NET ASSETS Net Assets -With Donor Restrictions Total Zola zo17 $ (60,000) $ (110,466) 55000 55000 277,000 $ 490,000 $ 716,534 $ 49Q000 $ 716,534 $ 490,000 $ 716,534 Rw al Neighbor hoods Inc Statements of Activities Years Ended December 31, 2018 and 2017 Revenue and Support Capital Grant NeighborWorks BOY Additions Released - Unrestricted Net Assets End of Year 2018 2017 $ 716,534 $ 1,016,534 734,794 614,063 (961,328) (914,063) $ 4905000 $ 7165534 During the years ended December 31, 2018 and 2017 Rural Neighborhoods received real estate restricted grants from NeighborWorks America of $0 and $0, respectively. See Independent Auditor's Report. -61- Rural Neighborhoods, Inc. and Its Affiliates SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS 1 ederal Grantor/ (Pass -through Grantor)/ Program Title U.S. Department of Agriculture Farm Iabor Housing Loans and Grants Program U.S. Bepartment of Agriculture Rural Rental Assistance Payments Program U.S. Deparunent of "Treasury Neighbor Works America U.S. Department of Housing and Urban Development Supportive Housing for the Elderly Year ended December 31, 20I8 Federal CFDA Agency or Pass - Number through Number 10.405 10.427 21.000 14.157 Building for Community Development and Affordable Housing 14 259 Rmal Community Development 10.446 Imitative Rw'al Housing Preservation Grants 10.433 Totals: Federal Expenditures $ 18,132,948 2, 5 89,145 734,'794 3,837,200 16,275 13,050 45,287 $ 25,368,699 Note: The accompanying schedule of expenditures of federal awards includes the federal grant activity of Rural Neighborhoods, Inc. and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may differ from amounts presented n, or used in the preparation of, the basic financial statements. See notes to schedule of expenditures of federal awards and independent auditor's report. -62- Rural Neighborhoods, Inc. and Its Affiliates NOTES TO SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS Year ended December 31, 2018 NOTE 1 - BASIS OF PRESENTATION The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Rural Neighborhoods, Incorporated and Its Affiliates under programs of the federal government for the year ended December 31, 2018. The informat on in the Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 2004 Uniform Adinhustrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of Rural Neighborhoods, Incorporated and Its Affiliates, it is not intended to and does not present the consolidated statements of activities, changes in net assets, and cash flows of Rural Neighborhoods, Incorporated and Its Affiliates. NOTE 2 -SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Expenditures reported on the Schedule are reported on the aceruat basis of accounting. Such expenditures are recognized following, as applicable, the cost principles contained in OMB Circular A-122, "Cost Principles for Non -Profit Organizations" and the cost principles contained in the Uniform Guidance. NOTE 3 -LOAN AND CAPITAL ADVANCE PROGRAM Rural Neighborhoods, Incorporated and Its Affiliates have received direct loans under the federal programs as listed below. The loan balances outstanding at the beginning of the year are included in the federal expenditures presented in the schedule. Rural Neighborhoods, Incorporated and Its Affiliates received no additional loans during the year. The balance of the loans outstanding at December 31, 2018 consists of: Outstanding Balance CFDA Number Program Name at December 31, 2018 U.S. Department of Agriculture Farm Labor Housing 10.405 Loans and Grants Program $ 17,297,072 Section 202 Capital 14.157 Advance Program $ 3,8375200 -63- INDEPENDENT AUDITOR'S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOPERNMENTAUDITING STANDARDS To the Board of Directors Rural Neighborhoods, Inc. and Its Affiliates We have audited, in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States, the consolidated financial statements of Rural Neighborhoods, Inc. and Its Affiliates, which comprise the consolidated statement of financial position as of December 31, 2018, and the related consolidated statements of activities, changes in net assets, and cash flows for the year then ended, and the related notes to the consolidated financial statements and have issued our report thereon dated May 29, 2019. Internal Control over Financial Reporting In planning and perfonning our audit of the consolidated financial statements, we considered Rural Neighborhoods, Inc. and Its Affiliates' internal control over financial reporting (internal control) to determine the audit procedures that are appropriate in the circumstances for the purpose of expressing our opinion on the consolidated financial statements, but not for the purpose of expressing an opinion on the effectiveness of Rural Neighborhoods, Inc. and Its Affiliates' internal control. Accordingly, we do not express an opinion on the effectiveness of Rural Neighborhoods, Inc. and Its Affiliates' internal control. A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct misstatements on a timely basis. A material nleakness is a deficiency, or combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the Rural Neighborhoods, Inc. and Its Affiliates' consolidated financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance. Our consideration of internal control was for the limited propose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control, that might be material weaknesses or significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified. Atlanta � Austin � Birmingham ( Columbus As part of obtaining reasonable assurance about whether Rural Neighborhoods, Inc. and Its Affiliates' consolidated financial statements are free of material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a material effect on the determination of consolidated financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit and, accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards. Purpose of this Report The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of Rural Neighborhoods, Inc. and Its Affiliates' internal control or on compliance. This report is an megral part of an audit performed in accordance with Government Auditing Standards in considering Rural Neighborhoods, Inc. and Its Affiliates' internal control and compliance. Accordingly, this communication is not suitable for any other purpose. Atlanta, Georgia May 29, 2019 -65- INDEPENDENT AUDITOR'S REPORT ON COMPLIANCE FOR EACH MAJOR FEDERAL PROGRAM AND ON INTERNAL CONTROL OVER COMPLIANCE IN ACCORDANCE WITH THE UNIFORM GUIDANCE To the Board of Directors Rural Neighborhoods, Inc. and Its Affiliates Report on Compliance %r Each Haim I ederal Program We have audited Rural Neighborhoods, Inc. and Its Affiliates' compliance with the types of compliance requirements described in the OMB Circular Compliance Supplement that could have a direct and material effect on each of Rural Neighborhoods, Inc. and Its Affiliates' major federal programs for the year ended December 31, 2018. Rural Neighborhoods, Inc. and Its Affiliates' major federal programs are identified in the summary of auditor's results section of the accompanying schedule of findings and questioned costs. ]Management's Responsibility Management is responsible for compliance with the requirements of laws, regulations, contracts and grants applicable to its federal programs. Auditor's Responsibility Our responsibility is to express an opinion on compliance for each of Rural Neighborhoods, Inc. and Its Affiliates' major federal programs based on our audit of the types of compliance requirements referred to above. We conducted our audit of compliance in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Those standards and Uniform Guidance require that we plan and perform the audit to obtain reasonable assurance about whether noncompliance with the compliance requirements referred to above that could have a material effect on a major federal program occurred. An audit includes examining, on a test basis, evidence about Rural Neighborhoods, Inc. and Its Affiliates' compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. We believe that our audit provides a reasonable basis for our opinion on compliance for each major federal program. However, our audit does not provide a legal determination of Rural Neighborhoods, Inc. and Its Affiliates' compliance. Atlanta � Austin � Birmingham � Columbus Inn our opinion, Rural Neighborhoods, Inc. and Its Affiliates complied, in all material respects, with the types of compliance requirements referred to above that could have a direct and material effect on each of its major federal programs identified above for the year ended December 31, 2018. Management of Rural Neighborhoods, Inc. and Its Affiliates is responsible for establishing and maintaining effective internal control over compliance with the types of compliance requirements referred to above. In planning and performing our audit of compliance, we considered Rural Neighborhoods, Inc. and Its Affiliates' internal control over compliance with the types of requirements that could have a direct and material effect on each major federal program to determine the auditing procedures that are appropriate in the circurmstances for the Purpose of expressing an opinion on compliance for each major federal program and to test and repot on internal control over compliance in accordance with the Uniform Guidance, but not for the propose of expressing an opinion on the effectiveness of internal control over compliance. Accordingly, we do not express an opinion on the effectiveness of Rural Neighborhoods, Inc. and Its Affiliates' internal control over compliance. A deficiency in internal control over compliance exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, noncompliance with a type of compliance requirement of a major federal program on a timely basis. A material weakness in internal control over compliance is a deficiency, or combination of deficiencies, in internal control over compliance, such that there is a reasonable possibility that material noncompliance with a compliance requirement of a federal program will not be prevented, or detected and corrected, on a timely basis. A significant deficiency in internal control over compliance is a deficiency, or combination of deficiencies, in internal control over compliance with a type of compliance requirement of a federal program that is less severe than a material weakness in internal control over compliance, yet important enough to merit attention by those charged with governance. Our consideration of internal control over compliance was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control over compliance that might be material weaknesses or significant deficiencies. We did not identify any deficiencies in internal control over compliance that we consider to be material weaknesses, as defined above. However, material weaknesses may exist that have not been identified. The purpose of this report on internal control over compliance is solely to describe the scope of our testing of internal control over compliance and the results of our testing based on the requirements of the Uniform Guidance. Accordingly, this repot is not suitable for any other purpose. Atlanta, Georgia May 29, 2019 -67- Rural Neighborhoods, Inc. and Its Affiliates SCHEDULE OF FINDINGS AND QUESTIONED COSTS December 31, 2018 auditor's report expresses an unmodified opinion on the consolidated financial statements of Rural Neighborhoods, Inc. and Its Affiliates. 2. No significant deficiencies related to the audit of the consolidated financial statements were reported in the Independent Auditor's Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Govern»zent Auditing Standards. No material weaknesses were reported. 3. No instances of noncompliance material to the consolidated financial statements of Rural Neighborhoods, Inc. and Its Affiliates were disclosed during the audit. 4. No significant deficiencies related to the audit of the major federal award programs were disclosed in the Independent Auditor's Report on Compliance for Each Major Federal Program and on Internal Control over Compliance Required by the Uniform Guidance. No material weaknesses were reported. 5. The auditor's report on compliance for the major federal award programs for Rural Neighborhoods, Inc. and Its Affiliates expresses an unmodified opinion. 6. There are no audit findings relative to the major federal award programs for Rural Neighborhoods, Inc. and Its Affiliates. 7. The programs tested as major programs included: a. U.S. Department of Agriculture Farm Labor Housing Loan and Grants Program, CFDA No. 10.405 b. U.S. Department of Housing and Urban Development Supportive Housing for the Elderly, CFDA No. 14.157 c. U.S. Department of Agriculture Rural Rental Assistance Payments Program, CFDA No. 10.427 8. The threshold for distinguishing Type A and B programs was $750,000. 9. Rural Neighborhoods, Inc. did qualify as a low -risk auditee. -68- Rural Neighborhoods, Inc. and Its Affiliates SCHEDULE OF THE STATUS OF PRIOR AUDIT FINDINGS, QUESTIONED COSTS, AND RECOMMENDATIONS (UNAUDITED) December 31, 2016 Audit Report, dated May 35, 2018, for the year ended December 31, 2017, issued by Tidwell Group, LLC: There are no open f ndings from the prior audit report. 2. There were no reports issued by USDA OIG or other Federal agencies or contract administrators during the period covered by this audit. 3. There were no letters or reports issued by USDA management during the period covered by this audit. -69- TIDWELL RURAL NEIGHBORHOODS, INC. AND ITS AFFILIATES CONSOLIDATED FINANCIAL STATEMENTS (WITH SUPPLEMENTAL INFORMATION) AND INDEPENDENT AUDITOR'S REPORT DECEMBER 315 2017 AND 2016 Rural Neighborhoods, Inc. and Its Affiliates CONSOLIDATED STATEMENTS OF FINANCIAL POSITION December 31, 2017 and 2016 ASSETS CURRENT ASSETS Cash and cash equivalents Accounts receivable - tenants Rental assistance receivables Miscellaneous receivables Grant receivables Due from affiliates Prepaid expenses Total current assets RESTRICTED DEPOSITS AND FiJNDED RESERVES Tenant security deposits Mortgage escrows Replacement reserve Debt Service reserve Operating reserve Other reserves and deposits Total resb-icted deposits and funded reserves PROPERTY AND EQUIPMENT Land Land improvements Buildings and improvements Furniture and equipment Construction in progress Total property and equipment Less accumulated depreciation Total uet property and equipment OTHER ASSETS Tax credit monitoring fees, net Other assets Total other assets Total assets (continued) 20I7 $ 5,654,897 47,935 245,905 293,758 10,185 400,002 2016 $ 5,583,951 43,060 252,841 67,359 453,785 1,833 354,525 6,652,682 6,757,354 667,307 715,582 3,480,168 1,132,388 I ,015,956 490,637 7,502,038 1 Q402,441 9,524,935 148,218,927 4,71 %978 6,94%325 179,815,606 (49,615,037) 130,200,569 158,849 19,762 178,611 $ 144,533,900 647,011 662,048 4,415,527 998,314 1,049,484 520;237 8292621 10,402,441 9,496,465 147,475,133 4,720,964 3,014,340 1755109,343 (44,948,623) 130,160,720 191,988 16.534 208,522 $ 145,419,217 Rural Neighborhoods, Inc. and Its Affiliates CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - CONTINUED December 31, 2017 and 2016 LIABILITIES AND NET ASSETS 2017 CURRENT LIABILITIES Accounts payable Accrued expenses Accrued interest payable Construction costs payable Current portion of mortgages payable Total current liabilities DEPOSITS AND PREPAID LIABILITY Tenant security deposits Prepaid rent Total deposits and prepaid liability LONG-TERM LIABILITIES Developer fee payable Deferred revenue Mortgages payable, net of current portion Total long-term liabilities NET ASSETS Permanently restricted net assets Unrestricted -non-controlling interest Unrestricted - conholling interest Unrestricted net assets Total net assets Total liabilities and net assets $ 482,091 598,356 534,696 590 7,040,146 2016 $ 323,920 5189230 508,694 255,868 4,342,305 8,655,879 5,949,017 667,349 91,652 759,001 1,591,672 6,684,048 64,615,616 72,892,867 716,534 18,439,340 43,070,279 61,509,619 62,226,153 $ 144,533,900 See notes to consolidated financial statemeuts. 647,011 67,758 '714.769 1,595,729 5,729,184 66,562,253 73,887,166 1,016,534 19,123,239 44,728,492 63,851,731 64,868,265 $ 145419,217 Rural Neighborhoods, Inc. and Its Affiliates CONSOLIDATED STATEMENT OF ACTIVITIES Year Ended December 31, 2017 Unrestricted Pernanen8y Restricted focal RENTAL 2F:VENUE Potential rental revenue $ 12,026,459 $ Less vacancies and concessions (776,853) 'Total rental revenue 11,249,606 OTHEK RF,VENUE Application fees 51472 Laundry and vending 205,137 Interest income 385554 Tenant charges 211.398 Property management fees 36,000 Income from forgiveness of debt 572,919 Grant revenue 9575027 Miscellaneous revenue 303,800 Total other revenue 2,377,307 EXPENSES Operating and maintenance 4,222,932 - Utilities 1,217,733 - Project administration expenses 3,7917683 Management fees 1885646 - Taxes and insurance 113375461 - Bad debt expense 30,138 - Total expenses Income from operations NON -OPERATING EXPENSES (INCOME) Interest on deferred developee fee Interest on mortgages payable Investor services management fee Legal settlement income Depreciation expense Amortization expense Total non -operating expenses Change in net assets beforetr non-eonttolling interest Non-conolling interest in earnings of subsidiaries Change in net assets attributable to Rural Neighborhoods, Inc. 10788593 2,838,320 42,447 663,827 6,524 4,688,879 33,139 5,434,816 (21596,496) 638,283 See notes to consolidated financial statements. $ 12,026,459 (776,853) 11.249.606 52,472 205,137 38,554 21 L,398 36,000 572,919 957,027 303,800 2.377,307 4,222,932 217,733 3,791,683 l8 i46 1,337,461 30,138 1 Q,788,593 2.838.320 4z,447 663,827 6,524 4,688,879 33,139 5,434,816 (2,596,496) 638,283 Rural Neighborhoods, Inc. and Its Affiliates CONSOLIDATED STATEMENT OF ACTIVITIES Yeah Ended December 31, 2016 Permanent Unrestricted Restricted Total RENTAL REVENUE Potential rental revenue $ 11,037,007 $ - $ 11.03T007 Less vacancies and concessions (701,245) (701-245) Total rental revenue 10,335,762 10.335.762 OTHER REVENUE Application fees 4L796 - 41,796 Laundry and vending 200,910 - 200,910 Interest income 49,650 - 49,650 Tenant charges 219,842 - 219,842 Property management fees 36,000 - 36.000 Income from forgiveness of debt 572,919 - 572,919 Grant revenue L9097142 241.534 2.150,676 Miscellaneous revenue 585,188 585,188 Total other revenue 3.615447 24L534 3,856,981 EXPENSES Operating and maintenance 3,I8L351 - 3.191,351 Utilities 150985363 - 17098,363 Project administration expenses 3,215,530 - 3,2155530 Management fees 181,445 - 181A45 Taxes and insurance L2745949 - L274,949 Bad debt expense 95,093 95.093 Total expenses 9,046.731 9.046,731 Income from operations 4,904,478 24L534 551465012 NON -OPERATING EXPENSES (INCOME) Interest on deferred developer fee 405707 - 40,707 Interest on mortgages payable 669A60 - 669.460 Investor services management fee 6,334 - 6,334 Miscellaneous income - - - Legal settlement income (995166) - (99,166) Depreciation expense 4,54%553 - 4,54%553 Amortization expense 33,137 33.137 'total non -operating expenses 5n200,025 5.200,025 Change in net assets before non-wntrolting interest (295,547) 241,534 (54,013) on -controlling interest in earnings of subsidiaries 5765805 576,805 Change in net assets attributable to Rural Neighborhoods, Inc. $ 28L258 $ 24L534 $ 522,792 See notes to consolidated financial statements. TIDW ELL RURAL NEIGHBORHOODS, INC. AND ITS AFFILIATES CONSOLIDATED FINANCIAL STATEMENTS (WITH SUPPLEMENTAL INFORMATION) AND INDEPENDENT AUDITOR'S REPORT DECEMBER 31, 2016 AND 2015 Rural Neighborhoods, Inc. and Its Affiliates CONSOLIDATED STATEMENTS OF FINANCIAL POSITION December 31, 2016 and 2015 ASSETS CURRENT ASSETS Cash and cash equivalents Accounts receivable - tenants Rental assistance receivables Miscellaneous receivables Grant receivables Due from affiliates Notes receivable - affiliates Prepaid expenses Total current assets RESTRICTED DEPOSITS AND FUNDED RF,SERVES Tenant security deposits Mortgage escrows Replacement reserve Debt Service reserve Operating reserve Other reserves and deposits Total reshicted deposits and funded reserves PROPERTY AND EQUIPMENT Land Land improvements Buildings and improvements Furniture and equipment Construction in progress Total property and equipment Less accumulated depreciation Total net property and equipment OTHER ASSETS Tax credit monitoring fees, net Other assets Total other assets Total assets (continued) 2016 2015 $ 5,583,951 43,060 252,841 67,359 453,785 1,533 354,525 $ 4,602,789 ss,3s 1 277,302 16,740 522,102 47,529 30,000 31%150 6,757,354 5,873,993 647,011 662,048 4,415,527 998,314 1,049,484 5203237 8,292,62] 1Q402,441 9,496,465 147,475,133 4,720,964 3,014,340 17531093343 (44,948,623) 130 160,720 191,988 16,534 208,522 $ 145,419,217 573,659 724,413 5,283,453 864,462 1,006,803 3245734 777,554 10,024,447 9,464,952 13%595,787 4,490,248 5,867,240 1695442,674 (40,443,730) 128,998,944 225,125 225,125 $ 143,875,616 Rural Neighborhoods, Inc. and its Affiliates CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - CONTINUED December 31, 2016 and 2015 LIABILITIES AND NET ASSETS 2016 CURIZEN'F LIABILITIES Accounts payable Accrued expenses Accrued interest payable Accrued investor services management fee Construction costs payable Current portion of mortgages payable Total current liabilities DEPOSITS AND PREPAID LIABILITY Tenant security deposits Prepaid rent Total deposits and prepaid Liability LONG-TERM LIABILITIES Developer fee payable Deferred revenue Mortgages payable, net of current portion Total long -teen liabilities COMMITMENTS AND CONTINGENCIES NET ASSETS Permanently restricted net assets Umestricted -non-controlling interest Umeshicted -controlling interest Unrestricted net assets Total net assets Total liabilities and net assets $ 323,920 518,230 508,694 255,868 4,342,305 2015 $ 270,922 433,094 458,297 6,149 402,838 2,630,175 5,949,017 4,201,475 647,011 573,689 67,758 62,871 714,769 636,560 1,595,729 1,555,022 5,7295184 4,774,320 66,562,253 675734,484 73,887,166 74,063,826 1,016,534 19,123,239 44,728,492 63,851,731 64,868,265 865,530 19,751,521 44,356,704 64,108,225 64,973,755 $ 145,419,217 $ 143,875,616 See notes to consolidated financial statements. Rural Neighborhoods, Inc. and Its Affiliates CONSOLIDATED STATEMENT OF ACTIVITIES Year Ended December 31, 2016 Permanently Unrestricted Restricted 'fora! RENTAL REVENUE Potential rental revenue $ 11,0375007 $ - $ 11.037.007 Less vacancies and concessions (7015245) (7015245) Total rental revenue 101335,762 - 10,335,762 OTHER REVENUE Application tees 36,L34 - 36,134 Laundry and vending 2005910 - 200,910 Interest income 495650 - 49,650 Tenant charges 225,504 - 225.504 Property management fees 365000 - 36.000 Income from forgiveness of debt 572,919 - 572.919 Grantrevenuc 159095142 24L534 21150,676 Miscellaneous revenue 585,188 - 585.188 'lbtal other revenue 3.615A47 241,534 3,856,981 EXPENSES Operating and maintenance 351985497 - 3,1985497 Utilities 150985363 - 15098.363 Project administration expenses 3.1955554 - 3,195.554 Management fees 181.445 - 1815445 Taxes and insurance 1,277,779 - L2775779 Bad debt expense 95.093 954093 Total expenses 9,046,731 - 9,0465731 Income fiom operations 4.904,478 241,534 5,146,012 NON -OPERATING EXPENSE'S (INCOME:) Interest on deferred developer fee 405707 - 40,707 Inlet eston mortgages payable 669,460 - 6695460 Investor services management fee 6,334 - 65334 Legal settlement income (99,166) - (995166) Depreciation expense 41549,553 - 4,549,553 Amortization expense 33 J 37 33,137 Total non -operating expenses 55200,025 5,2005025 Change in net assets before non -controlling interest (295,547) 241,534 (54,013) Non -controlling interest in earnings of subsidiaries 576,805 - 576,805 Change in net assets attributable to Rural Neighborhoods, Inc. $ 29E258 $ 241,534 $ 522,792 See notes to consolidated financial statements. Rural Neighborhoods, Inc. and Its Affiliates CONSOLIDATED STATEMENT OF ACTIVITIES Year Ended December 31, 2015 2EN'TAL CtEV ENUE Potential rental revenue Less vacancies and concessions Total rental revenue Permanently Unrestricted Restricted "total $ 10,615,379 $ - $ 10,6155379 (561,058) - (561.058) L 0,054,321 - 1Q,054,321 OTHER 12F.V ENUE Application fees 421192 - 42,192 Laundry and vending 206,330 - 2061330 Interest income 5Q429 - 50,429 Tenant charges 207,617 - 207.617 Property management fees 36,000 - 36,000 Income from forgiveness of debt 5725919 - 5725919 Grant revenue 1,376,203 275.000 1,651,203 Miscellaneous revenue 1,014,232 - I,014,232 Total other revenue 3,505,922 275,000 3,7805922 EXPENSES Operating and maintenance 3,2595887 - 3,259,887 Utilities 99g539 - 990,539 Project administration expenses 3,272,883 - 32721883 Management fees 1765581 - 176,581 Taxes and insurance 112475398 - I t247,398 Bad debt expense 761,289 - 761,299 Total expenses 91708,577 - 93708,577 Income from operations 358513666 275,000 4,126,666 NON -OPERATING EXPENSES (INCOME) Interest on deferred developer fee Interest on mortgages payable Investor services management fee Miscellaneous income Legal settlement income Depreciation expense Amortization expense "fotaL non -operating expenses Change in net assets before non-conh'olling interest on -controlling interest in earnings of subsidiaries Change in net assets attributable to Rural Neighborhoods, Inc 39,041 - 39,041 6765019 - 676,019 6,149 - 61149 (51247) - (5,247) (727,285) - (727,285) 4,521,769 - 4,521,769 335138 33,138 4,5431584 455435584 000 1416918> (691,918) 27s,, 190,014 1905074 $ (501,904) $ 275,000 $ (226,904) See notes to consolidated financial statements. TIIDDWELL RURAL NEIGHBORHOODS, INC. AND ITS AFFILIATES CONSOLIDATED FINANCIAL STATEMENTS (WITH SUPPLEMENTAL INFORMATION) AND INDEPENDENT AUDITOR'S REPORT DECEMBER 312 ?OIS ANU 2014 i .. December d 2013 Liabilities and Net Assets Gurrent liabilities Accounts payable Accrued expenses Accrued interest payable Accrued investor services management fee Construction costs payable Current portion of mortgages payable Total current liabilities Deposits and prepayments Tenant security deposits Prepaid rents Total deposits and prepayments Long-term liabilities Due to affiliates Developer fee payable Deferred revenue - loan forgiveness Mortgages payable, net of current portion Total long -tenor liabilities Commitments and contingencies Non -controlling interest in subsidiaries Unrestricted net assets Permanently restricted net assets Total net assets Total liabilities and net assets 2014 2013 $ 191,489 $ 165,595 471,578 4195892 426,669 375,731 5,970 51796 9305536 898,934 21598,770 2,6691570 4,6251012 45535,518 527,598 486,181 64,581 49,009 5925179 535,190 240, 577 2,140,009 3,819,456 66,409,041 72,609,083 21000,000 19,950,824 41,721,874 686,700 42,408,574 $ 1425185,672 517,511 2,3245239 2,8645592 69,063,347 69689 21,643,059 42,877,122 411,700 43,2885822 $ 1447772,278 See Notes to Consolidated Financial Statements. 707 December ` i� 2013 Assets Current assets Cash Accounts receivable - tenants Miscellaneous receivables Rental assistance receivables Grant receivables Due from affiliates Notes receivable - affiliates Prepaid expenses Total current assets Deposits and reserves Tenants' security deposits Mortgage escrows Replacement reserves Debt service reserves Operating reserves Other deposits Total deposits and reserves Land Land improvements Buildings and improvements Furniture and equipment Construction in progress Total rental property Less accumulated depreciation Net rental property Other assets Deferred loan costs, net Tax credit monitoring fees, net Other assets Total other assets 2014 $ 5,396,426 129,964 3035360 261,404 82,887 12,485 30,000 421,920 61638,446 542,098 645,939 5,526,046 730,808 944,304 125,081 8,514,276 9,308,405 9,464,952 1331983,028 41472,222 3,725,962 160, 954, 569 (35,155, 057) 125,7991512 463,213 511,758 2587467 1,233,438 2013 $ 5,779,112 29,708 237,874 315,772 124,904 455868 60,000 446,854 7,040.092 486,681 655,109 41927,841 583,155 9421424 123,782 7,718,992 9,164,405 9,462,140 133,720,515 4,461,331 21357, 356 159,165,747 (30,749,965) 1285415,782 505,431 567,288 524,693 1.597.412 Total assets $ 142,185,672 $ 144,7721278 Rental revenue Potential rental revenue Less, Vacancies and concessions Total rental revenue Application fees Laundry and vending Interest income Interest income - related party Tenant charges Property management fees Income from forgiveness of debt Grant revenue Miscellaneous revenue Total other revenue Expenses Operating and maintenance Utilities Project administration expenses Management fees Taxes and insurance Bad debt expense Interest on deferred developer fee Interest on mortgages payable Total expenses Income from operations Non -operating expenses Investor services management fee Depreciation expense Amortization expense Total non -operating expenses Change in net assets before non -controlling interest Non -controlling interest in earnings of subsidiaries Change in net assets See Notes to Consolidated Financial Statements. Penmanemly Unrestricted Restricted Total $ 10,191,258 $ - $ 10,191,258 (565, 941) (565, 941) 91625,317 9,625, 317 31,227 31,227 180,989 1805989 81,685 81,685 231,233 231,233 40,000 40,000 704,169 7045169 1,0507928 275,000 1,325,928 683,196 - 683,196 31003,427 2755000 31278,427 2,767,639 - 2,767,639 916,373 916,373 5,1641824 511645824 142,754 1425754 19184,998 - 111845998 67,646 - 67,646 37,786 - 375786 624,392 - 624,392 10,906,412 - 10,906,412 19722,332 2755000 11997,332 5,970 - 5,970 4,455,397 - 4,455,397 97,748 97,748 41559,115 49559,115 (29836,783) 2755000 (21561,783) 1,692, 235 1,692, 235 $ (1,144,548) $ 2755000 $ (869,548) Consolidated Statement of Activities Year Ended December 31, 2013 Permanently Unrestricted Restricted Rental revenue Potential rental revenue $ 10,086,765 $ Less: Vacancies and concessions (660,932) Total rental revenue 9,425,833 Other revenue Application fees Laundry and vending Interest income Tenant charges Income from forgiveness of debt Grant revenue Miscellaneous revenue Total other revenue Expenses Operating and maintenance Utilities Project administration expenses Management fees Taxes and insurance Bad debt expense Interest on deferred developer fee Interest on mortgages payable Total expenses Income from operations Non -operating expenses Investor services management fee Loss on project development Depreciation expense Amortization expense Total non -operating expenses Change in net assets before non -controlling interest Non -controlling interest in earnings of subsidiaries Change in net assets 33,631 1765252 1513 2055435 7221919 1161817 6091899 1,940,466 275,000 275,000 Total $ 10,086,765 (660,932) 9,425,833 33,631 176,252 75, 513 205,435 722,919 391,817 609,899 2,215,466 2,611,509 - 2,611,509 859,447 859,447 276755832 29675,832 140,531 140,531 1,197, 531 1,197, 531 45,909 45,909 36,531 36,531 6407005 6405005 81207,295 81207,295 35159,004 275,000 31434,004 17,214 - 17,214 162 - 162 4,4821160 4,482,160 97,747 971747 4,597,283 41597,283 (11438,279) 2755000 (1,163,279) 819,583 - 819,583 $ (618,696) $ 275,000 $ (343,696) See Notes to Consolidated Financial Statements. CVERGLADES HOUSING GROUP, INCORPORATED FINANCIAL STATEMENTS AND INDEPENDENT AUDITOR'S REPORT DECEMBER 3I7 2018 AND 2011 TIDWELL �� - group Everglades Housing Group, Incorporated STATEMENTS OF FINANCIAL, POSITION December 31, 2018 and 2017 I 2018 2017 CURRENT ASSETS Cash $ 3205236 $ 113,411 Accounts receivable - other - 112,419 Prepaid expenses 1506 145683 Due from affiliates 740,777 855,330 Total current assets 1,076,899 1,095,843 PROPERTY AND EQUIPMENT Property and equipment 264,348 267,514 264,348 267,514 Less accumulated depreciation (214,214) (201,506) 50134 66,008 Total property and equipment 50,134 6608 Total assets $ 1,1275033 $ 19161,851 LIABILITIES AND NET ASSETS CURRENT LIABILITIES Accounts payable Accrued expenses Total current liabilities LONG-TERM LIABILITIES Note payable - affiliate Total long-term liabilities Total liabilities Net assets Total liabilities and net assets 2018 2017 $ 3,279 $ 141,956 202,430 211,450 205,709 353,406 - 100,000 100,000 205,709 453,406 _ 921,324 708,445 $ 1,127,033 $ 13161,851 See notes to financial statements. Everglades Housing Group, Incorporated STATEMENTS OF ACTIVITIES Years ended December 31, 2018 and 2017 _ 2018 2017 Revenue, gains and other support Property management fees $ 730,287 $ 662,772 Asset management fees 36,000 36,000 Laundry and vending income 7,700 7,747 Other miscellaneous income 2375678 240,224 Total revenue, gains and other support 1,011,665 9465743 Expenses Operating and maintenance 34,925 45,443 Project administration 730,110 790,505 Taxes and insurance 17,877 15,468 Depreciation 15,874 16,794 Total expenses 798,786 868,210 Change in net assets $ 212,879 $ 78,533 See notes to financial statements. EVALUATION CRITERIA No. 6 QUALIFCATIORIS & SPECIALIZED EXPERTISE OF TEAM MEMBERS Rural Neighborhoods is headquartered in Miami -Dade at 19308 SW 380`h Street and operates in Collier, Hendry, Monroe, Okeechobee, Saint Lucie, Hillsborough, Polk and Alachua counties. Local real estate development operations in Collier County began in 2002 and RN and its related corporations has continuously served local residents for 18 years. Its primary Collier County office is located at 750 South 51h Street in Immokalee. Mr. Steven Kirk, President, is the person responsible for contracting services having the following mailing address. Ms. Dorothy Cook, ACIP, as project manager is an alternate local contact at the Immokalee address above. Ms. Nancy Neibaur, CPA, is the Chief Financial Officer for RN and also may be contacted at the address below: Mailing Address Mr. Steven Kirk President Rural Neighborhoods, Incorporated Post Office Box 343529 Florida City, FL 33034 Telephone: 305-242-2142 Overnig t elivery Mr. Steven Kirk President Rural Neighborhoods, Incorporated 19308 SW 380" Street Florida City, FL 33034 Tel e p h o n e: 30 5-2 42 - 2142 See a detailed decription of Rural Neighborhoods in-house real estate development staff persons in Evaluation Criteria 4 Past and Present Experience of the Firm. The information herin describes the balance of our professional project team for the Golden Gates Golf Course Project, Architecture Engineering Leal and Technical Assistance To be successful, Developers must bring together professional architects, engineers, lawyers, builders and technical expertise into a resourceful, effective team to build the best possible rental community. RN has assembled competent, creative external partners to its Project Team that complement its own expertise in affordable and workforce housing. Each professional has an ongoing affiliation with Rural Neighborhoods that will result in efficient implementation of the project. Studio OCa Mr. David Corban has practiced architecture in Southwest Florida since 1989 winning numerous awards from the American Institute of Architects at the state and local level. A Mississippi State University graduate in Architecture, Mr. Corban is a LEED Accredited Professional. He has been the architect of some of Collier County's most recognizable projects including the Naples Botanical Gardens. His most recent housing and community development work includes the design for the Shelter for Abused Woman and Children's She!!y Stayer Center in Immokalee. RN's choice of Studio DCa reflects our belief that local design professionals are best able to reflect community expectations for the subject site. RN has recently collaborated with DCa in its Esperanza Place PUD site planning, plan review and outparcel sale Shelly Stayer Center. [See Studio DCa background and licensure attached.] GradyMinor/Civil Engineering Studio for the GradyMinor (GM) has participated in the growth of Southwest Florida since 1981 including both public and private sectors. It specializes in civil engineering, land surveying, land planning and landscape architecture. RN has a strong, ongoing working relationship with GM, retaining the firm for its recent Esperanza PUD site plan amendments, Timber Ridge at Sanders Pines Reserves rehabilitation and upcoming Casa Amigos new construction project. Principals Mr. Wayne Arnold, AICP, Donald Saintenoy, P.S.M., and Michael Delate, P.E. provide effective planning, surveying and civil engineering services assisting RN in site plan amendments, ALTA and as -built surveys and paving, draingage, water distribution and sewage collection plans. The firm's throrough knowledge of Collier County Growth Management Department is an invaluable asset to the proposed project. Robert Cheng, Shutts and Bowen &David Leon, Nelson Mullins Rea! Estate and Tax Law Shutts & Bown is a full-serice law firm that has provided leadership and high -quality legal services. Throughout Florida. The firm includes more than 300 attorneys in eight offices. Mr Robert Cheng is a Partner in the Miami office and a member of the Real Estate Practices Group. Rural Neighborhoods has retained Mr. Cheng to provide legal guidance in our real estate development and project financing for more than a decade. Mr. Cheng recently closed $6.5M in debt capital for our Casa Juarez rental community. He also assisted RN in negotiating land acquisition and ground leases of more than 17 parcels in the Florida Keys. He is experienced in complex real estate transactions, including acquisition and development, construction and permanent loans and multifamily residential properties. Mr. Cheng represents other for -profit and not -for -profit developers n affordable housing matters throughout Florida. He will provide RN counsel in all stages of the Golden Gate Golf Course process, from negotiating purchase contracts or ground leases through closing of finacing necessary to complete our development. Mr. Cheng is experienced in projects that include multiple layers of debt financing from public abd private sources and equity investments from low income housing tax credit syndicators. Mr. David Leon, Partner, focuses on affordable and workforce housing matters, state and local taxation, USDA Loans, HUD financing, tax credit and oppotunity zone transactions at Nelson Mullins (NM). NM is a diversified law firm of more than 800 attorneys, policy advisors and professionals.. Mr. Leon has closed several LIHTC investments, USDA loans and Florida Housing Finance Corporation debt for Rural Neighborhoods over the past decade including Eden Gardens Apartments Limited Partnership and Eden Gardens II in Collier County. He represents RN in its current Deer Creek Senior Housing rental community and in its acquisition of a not -for -profit real estate portfolio in Martin County. Dominium and PHG-Builders Project Development and Construction Consulting Rural Neighborhoods has an experienced, strong core team with award -winning production under its belt. Nonetheless, RN understands complex, multi -phase rental developments require access to specialized expertise throughout the development process. It has dentified skilled resources and partners to assist in the Golden Gate Golf Course development at the outset. Two private -sector experts assisting RN will include Dominium and PHG-Builders. Headquartered in Plymouth, Minnesota, Dominium's more than 30,000 apartments in 22 states ranks it as the nation's 4"' largest provider of affordable housing with a professional staff of more than 1,000 employees and $313+ in owned properties. Dominium strives to make a positive difference in the cities and neighborhoods where it works. Its Whistler Green Apartments in Golden Gate operate less than 2 miles from the subject property. Through the Dominium Pro Bono Program, the firm provides development services to not -for -profit organizations that are addressing critical housing challenges free of charge. RN is currently a partipating partner in the Pro Bono Program receiving technical assistance in the design and finacing of our Deer Creek Senior Housing project in Gainesville. If selected as Developer, RN will continue to seek Dominium's technical assistance. PHG-Builders has an extensive track record building concrete block and frame construction throughout Florida ranging from garden apartments and townhomes to high rise structures. This track record includes the construction of 4 rental communities totaling 344 units for RN. PHG is a licensed general contractor and construction manager led by Mr. Felix Braverman, P.E. He is an Engineering graduate of the University of Texas Austin, registered Professional Engineer, a Licensed General Contractor and a registered Special Inspector of Threshold Type Buildings. If not selected as the general contractor for the project, PHG-Builders will provide construction management to RN participating in general contractor selection, coordinating with the design and development team, assuring quality control and product reliance, working closely with property management to schedule lease -up and otherwise ensure that the project is completed on time and within budget. .Summary Rural Neighborhoods has an unparalleled project team. Its in-house team has conceptualized and placed in service nearly 2,000 affordable and workforce rental units since 1994 and has recent success in obtaining highly competitive project financing for rental communities similar to that planned for the Golden Gate Golf Course. Its related property and asset management company is a well -qualified, proven professional firm approved by private and public sector investors. RN's specialized and technical project team include partners with whom it has successful relationships and track records. It includes focal, award -winning design and engineering partners accustomed with both local codes and land use regulations as well as Southwest Florida aesthetics. Experienced, respected legal counsel expert in real estate law and affordable and workforce housing finance are also part of RN's team. Rural Neighborhoods has provided additional depth and confidence through bringing current partners to its project team that officer complementary private development and construction advice and technical expertise. David Corban architects, pllc DCc is a Naples based Architecture firm providing full architectural services to the public and private sectors. The firm's work is marked by its thoughtful detailing and careful response to the Florida environment. With a twenty-first century take on Florida Architecture, DCa provides clients in Southwest Florida with an architecture unique to its environment. Mr. Corban has been at the forefront of the design community in Florida, winning more than 20 awards from the American Institute of Architects at the state and local levels. • In January 2020, Mr. Corban was part of the Naples 100, the inaugural Naples Illustrated list of Collier County's most influential business leaders. • In July of 2019, Celebration Park was featured in Metal Architecture Magazine as one of 8 design award winners recognized world-wide for excellence in design. • Because of the firm's dedication to the missions of non-profit clients, Mr. Corban was recently named Citizen Architect by the Florida Association of the American Institute of Architects. • In 2015 we were honored to receive the Audrey Nelson Community Development Award at the winter meeting of the National Community Development Association in Washington, DC for our design of the Immokalee Zocalo • In 2012, as part of the Florida Association of the American Institute of Architects 100th anniversary, Mr. Corban's Home, Haldeman Creek House was selected by his peers as one of the best buildings in Florida in the last 100 years. David is a graduate of the School of Architecture at Mississippi State University where he studied under Samuel Mockbee, founder of the Rural Studio and Recipient of the AIA Gold Medal. He is a member of the American Institute of Architects and is licensed by the state of Florida and the National Council of Architectural Registration Board. He is also a V I ! Accredited Professional (Leadership in Energy and Environmental Design). He has been practicing Architecture in Collier County for 23 years. DCa has been an industry leader in Southwest Florida in sustainable and resilient design. Grace Place for Children and Families is set to be SW Florida's first LEED Gold campus. The Lutgert professional Center, slated for completion in 2020 will be one of Collier County's only LEED gold commercial structures. DCc has a staff of five professionals including four Architects licensed in Florida. AREAS OF PRACTICE • Traditional Architectural Services • Master Planning/Land Planning • Interior Architecture Jiai , Certified Building Design CURRENT PROJECTS OF NOTE • Shelly Stayer Shelter for Domestic Violence and Human Trafficking • Bayshore Wine and Entertainment Venue • Guadalupe Center Van Otterloo Campus • Catholic Charities Immokalee Campus • Holocaust Museum and Cohen Education Center of Southwest Florida • Lutgert Professional Center - 45,000 sf Office Building Northern Jet Services • CCPS Transportation Facility • Center for Manufacturing Excellence 0 Fakahatchee Strand Preserve State Park AWARDS AND PUBLICATIONS • 2019 "Neighborhood Gathering Space" Metal Architecture Magazine Annual Design Awards - Celebration Park • 2019 AIA Florida Southwest Honor Award - Celebration Park • 2019 AIA Florida Southwest Merin Award - Grace Place for Children and Families • 2018 AIA Florida Southwest Honor Award - Holocaust Museum and Education Ctr. • 2018 AIA Florida Southwest Merit Award - Lutgerf Professional Center • 2018 AIA Florida Southwest Honor Award - Judy Sullivan Family Resource Center • 2017 AIA Florida Southwest Merit Award - La Mer Common areas • 2017 AIA Florida Southwest Merit Award - 2400 Building • 2016 AIA Florida Southwest Honor Award - Fakahatchee State Preserve • 2016 AIA Florida Southwest Merit Award - Ridge Drive Residence • 2015 National Community Development Association - Audrey Nelson Community Development Award, Immokalee Zocalo • 2015 "A Modern Get Away" Gulfshore Life Magazine • 2015 "Sunshine State Sustainability-Work of David Carbon Architect" American Builders Quarterly • 2014 SW FL AIA Excellence in Architecture, Broad Court Residence • 2014 SW FL AIA Excellence in Architecture, Immokalee Zocalo • 2013 "Architect's Hornes" Gulfshore Life Magazine Haldeman Creek House • 2012 AIA Florida 100 places - 100 years a top 100 place. Haldeman Creek House • 2012 Haldeman Creek House - WINK TV, NBC 2, Naples Daily News, Florida Weekly, News Press • 2011 "Best Buildings in Southwest Florida" The News Press May 28, 2011 • 2010 "Five Who Make a Difference" Gulfshore Life Magazine July 2010 issue • 2010 "Naples Botanical Garden" Landscape Architecture Cover article • 2009 "Fine Designs" Florida Weekly Cover Article Haldeman Creek House • 2007 SW FL AIA Excellence in Architecture Design Award Haldeman Creek House • 2007 SW FL AIA Design Award The Docks on Fifth Marina • 2005 "Modern Masterworks" Gulfshore Life Magazine Photo Layout featuring Trudy Labell Fine Art • 2003 Gulfshore Business Magazine Best Commercial Buildings - Better Roads, Inc. • 2001 Florida AIA Design Award Cambier Park Band Shell CIVIC/ACADEMIC INVOLVEMENT • 2020 "Naples 100" - Naples Illustrated Inaugural list of Collier County's Most Influential Business Leaders • 2019 Citizen Architect - Florida Association of the American Institute of Architects Board of Directors 2017-2018 - Florida Association of the American Institute of Architects • Board of Directors - Naples Players Theatre (Facilities Chair, Long Range Planning Committee) • Post President of Southwest Florida Chapter of the American Institute of Architects • Leadership Collier Class of 2010 • Board of Directors - Naples Community Sailing Center • Economic Recovery Task Force Team Member; Group backed by Board of County Commissioners to spur growth in Collier County and streamline the County permitting process • Chairman - Collier County Citizens Advisory Task Force • AIA 150 Blueprint for Southwest Florida - Panelist • Board of Directors (past member) - Collier County Historical Society • Old Naples Preservation Task Force Member. Sponsored by Naples City Council to develop design standards for new construction in Olde Naples • Guest Juror - Mississippi State University, University of Florida and Florida International University Schools of Architecture • Mississippi State University - 25th Anniversary Alumni Exhibit, February 1999 Nan-Pr®fatm u��ta�rs end Cava pr®j��ts St. Mathews House-Jill's Place 2020 Jill's place provides a home for up to 40 homeless women. Our work for JiII's place includes the renovation of an existing structure to house homeless young women. Work also includes the master planning and design of a new chapel and multi -purpose center. Covenant Church of Naples 2021 45,000 sf New buildings to include atwo-story religious education facility for elementary, middle and high-school students and a 10,000 sf administration building. Van Otterloo Camgus for Leamina 2021 35,000 sf $9,500,000.00 This project for the Guadalupe Center, serving the children and families of Immokalee will include 12 classrooms (expandable to 24) for children 6 weeks to 5 years. The project will also include Guadalupe Center's Tutor Corps program which prepares high school students for college. Big Cygress Boardwalk pavilion and day use facilities Fakahatchee Strand State Preserve 2021 new interpretive pavilion ® Gladesman pavilion ® Tree canopy walk Shelly Staver Shelter for Domestic Violence and Human Trafficking 2020 Architect for new 25,00 sf shelter for domestic violence and human trafficking victims in Immokalee. This will be the first purpose-built shelter for human trafficking victims in the United States. The Shelter will house up to 36 persons. Holocaust Museum and Cohen Education Center 2019 This important 8,500 sf project provides galleries, classrooms, meeting space, archives and administration for Southwest Florida's only Holocaust Museum, Grace Place for Children and Families 2018 Architect for new 4.5 acre campus for this successful and highly respected non profit. Work includes: ® Renovation of existing sanctuary building completed in 2012 ® New Classroom/Admin building - completion in December, 2015 ® Classroom Building, Resource center, Admin and Multi -purpose buildings totaling 25,000 sf completed in 2018. ® Tasks include: master planning, entitlement assistance, green building, LEED administration, production of fund-raising materials, full architectural services AVOW Hospice 2018 Renovations of existing 15,000 sf inpatient facility Addition of new 8 bed residential facility Aso Garden Montessori School 2017 4,000 sf independent school in the Bayshore District of Collier County Catholic Charities 2017 Architect for renovation of 1 1,000 sf building to become their Collier County headquarters Legal Aid Service of Collier County 2015 Architect for renovation of 12,000 sf building to become their Collier County headquarters Immokalee Zocalo 2014 Architect and design team leader for this project completed in the Spring of 2014. The project has already garnered National and Regional awards of excellence. Naples Botanical Garden Oil Our services included: Architect for all park structures Member of Contractor Selection Committee Architect for Renovation of Administration Building Architect for the horticulture office Master plan for the northern parcel Local architect for LakeFlato, Architect for the new visitor's center Art League of Marco Island 2002 Cambier Park Band Shell 2001 Sea Gate Elemeniary School 1999 Multi -Family and Mixed -Use Naples Bay Resort PROJECT SIZE 24 acres 140 residential units 90 hotel units 32,000 sf commercial space Naples Bay Resort combines residential, commercial and hotel into a single project. Mr. Corban led the team of architects, landscape architects, engineers, attorneys, and various consultants to secure entitlements from the city of Naples. The most challenging and rewarding process was working to get City of Naples Staff, volunteer board members, and elected officials to buy into our vision for the site. B�llcs Seri Resart LOCATION Naples, fL D Downtown District PROJEC(SIZE 300,000 + sf 2 city blocks 4.5 acres COMPONENTS 100 condo hotel units restaurant administrative offices This 100 unit hotel in the Naples Downtown Redevelopment District was the first major project completed under the current development guidelines. The arrangement of buildings allows for units to look over a private courtyard that serves as an oasis away from the busy downtown atmosphere. We were able to accommodate SunStream's accelerated design phase schedule and fast track construction schedule. �� a �� • � • • • • - PROJECT SIZE One acre COMPONENTS 1H Residential Units 15,000 sf commercial space .:., • • - • COMPONENTS 6 story building 46 Three -bedroom residential units Pool Clubhouse COMPONENTS 7 Story Building 36 two- and three -bedroom units Pool Clubhouse Structured parking Restaurant Mr. Corban completed the residential projects listed as principal and qualifying architect at ANI. i 0 70 z r H v W Z o uj C7 w Lo UJ W Z ~ J Q ..J o 0 H a + i Z w Q� N E (UO O LL N It g u�i W � d W * a COaph (U 0 Q mc LW W 2 c� N a; - O Z Ln OMIA + 00 WSJ z V z _, LL vi _� Q um V)� �,z o c LLJmmi Z = U N< y W. Z c a., O U aZ 7 O v ( w 0 ® VO: c Q U N * J X o m O LL w N� L" m O •7 O U O a ~ ai c Z U O Q Q o W o Q a u l7 m LLJ H 0 a Ln a W s �oF fl °Qjl 01jop Ir a:1' a II 0 _7C) z 9 ~ E s Z 0 W cn d' N W W N J F- In m Q 0 p .J . o i Z W Q J� Q Q o Q� 0 0 cu N W Q Vi * ^iccoo" c o u Q Q N Z° o s Q a� m ma Om c O W LL Z o s Q. W J a-i W W ce mAm T LL ® � `� Q W � W Z = Z� MINIM 2 m v 0 v O W W c 'a W V1 W � a cn II D Q o n T I— cn W Q LU Z 0 c a W F- _= N uu v m VI ? 0 Z _ 00 a U z CC * -� v o m LL O Ln V _ CU W a �o L) 2 O a CD o Q i v N tot tV �,. w y s= v N U O A N rady Minor and Assoc., P.A. GRADi`MINOR'S LOCAL STAR- Established in 1981, GradyMinor has provided a full range of professional services to the public and private sector for 38 years. Our staff of over 60 includes eleven Professional Engineers, two Professional Surveyor and Mappers, a Certified Planner, two Landscape Architects, a Landscape Design Technician, two Licensed General Contractors, three Engineering Inspectors, nine Engineering Technicians, a commercially licensed Drone Pilot, five Survey Crews, Survey Technicians, Project Administrators, and Engineer Interns. We have a mature and highly qualified team of support staff, who together with the Professionals on our Team, can provide all the services required to successfully complete planning and engineering tasks. We have a firm understanding of Collier County Growth Management Plan, Land Development Standards and Specifications, FDEP, SFWMD, US Fish and Wildlife, and US Army Corps of Engineer regulations; and extensive permitting experience in Collier County. We fully understand the timeline and submittal requirements for Site Development and Building Permits. Our recent and on -going work for the Collier County Parks and Recreation Department, including Big Corkscrew Island Regional Park, gives us significant insight, experience and local knowledge that will be extremely useful in design and permitting issues that will be faced with this project. Our planning staff have been involved in planning and zoning matters in Collier County for over 25 years. We have performed design, permitting, surveying, and construction services at a large variety of Collier County projects ncluding the following: Big Corkscrew Island Regional Park Naples Beach Hotel Golf Course a Sugden Regional Park W Gordon River Greenway Park m East Naples Community Park Max Hasse Community Park Bayview Park ® Eagles Lake Park 6 Margood Harbor Park 0 Clam Pass Park 6 Mackie Park Bluebill Beach Access Park 6 951 Boat Ramp e Artesia Fiddlers Creek Marco Shores Golf Course Redevelopment • Panther Park Vanderbilt Beach Access Tigertail Park Golden Gate Community Park Veterans Park Immokalee Airport Park e Naples Zoo Corkscrew Park Port of the Islands Park Pepper Ranch Preserve Sanibel School/Ding Darling Preserve iPa(j F�V)_If101' GradyMinor What We Offer Our Engineers and Architects are Hands-on Designers We specialize in Civil Engineering, Land Surveying, Land Planning and Landscape Architecture. We have a staff of more than 40, that includes experienced Engineers, Surveyors, Mappers, Certified Land Planners, a Landscape Architect, technicians, survey crews and administrative professionals. ft Land Planning We have worked with a myriad of owners on a wide variety of projects in Southwest Florida to deliver a cost effective design that considers political sensitivities, environmental requirements, land values, and communitv needs. Surveying Our crews utilize the latest available and suitable technology and equipment including GPS receiving and transmitting units and total stations. MIT Landscape Architecture We work on both private and public projects for multi -family, institutional, and residential use and can create aesthetically pleasing and water conserving Xeriscaping, to provide a sustainable garden landscape. Civil Engineering Our engineers are hands-on designers with an emphasis on problem solving, quality, customer service, and efficiency. GradyMinor has worked with a myriad of owners on a wide variety of projects in Southwest Florida to deliver a cost effective design that considers political sensitivities, environmental requirements, land values, and community needs. We pride ourselves on a reputation for personal service and expertise. Our repeat and long term clients, from both private and public sectors, include Collier County Government, City of Bonita Springs, Bonita Springs Utilities, Lee County Public Works, Gulf Bay Development, WCIo Communities, and Pulteo Homes, Suiv ing Our crews utilize the latest available and suitable technology and equipment including GPS receiving and transmitting units and total stations. Our fleet of survey vehicles come equipped with 4-wheel drive and strobe lights for safety and locked bed caps for security. Each truck is manned with crewmembers having an average of 15-years of surveying experience. They are fully outfitted with the equipment to complete most any assignment. ArchitectureLandscape Landscape architecture is vital to the design of outdoor public areas, landmarks, and structures to achieve environmental, social -behavioral, and aesthetic outcomes. For every project, GradyMinor's landscape architecture and planning team believes in systematically investigating the existing social, ecological, and geological conditions of a site to design the most economical landscape and irrigation systems to produce the desired final product. Our experience includes conceptual site design; creating and implementing Development Standards; Pre -Design reports and alternative studies; re -zoning petitions, planned unit development approvals, comprehensive plan amendments, detailed engineering design, plan preparation and specification development. In addition, we have extensive experience in construction contract bidding and negotiations, project permitting, construction contract administration and inspection and project start-up and follow-up services. We work on both private and public projects for multi -family, institutional, and residential use and can create aesthetically pleasing and water conserving Xeriscaping, to provide a sustainable garden landscape. GradyMinor has extensive and diverse project experience and we are committed to providing customer -focused service to clients on all projects, large and small. The engineers at GradyMinor are knowledgeable in all aspects of pipeline, pumping system, storm water, transportation, and treatment design and have the experience necessary to identify and resolve a variety of problems associated with private municipal utility engineering and construction. We have successfully designed large and small pressurized main relocations; subaqueous and aerial pipeline crossings (including crossings of navigable canals); new pump stations; pump station rehabilitations; wastewater gravity main systems, treatment plant refurbishments, upgrades, and expansions; sidewatks, roadways, intersections, and storm water conveyance, detention, and treatment systems, We perform in-house hydraulic modeling and keep up-to-date with new materials, equipment, and construction techniques. I certify frotn the records of this office that RURAL NEIGHBORHOODS, INCORPORATED is a corporation organized under the laws of the State of 1 lorida, filed on December 23, 2004. The document number of this corporation is N04000011995I I further certify that said corporation has paid all fees due this office through December 31, 20205 that its most recent annual report/uniform business report was filed on January 13, 2020, and that its status is active. I further certify that said corporation has not filed Articles of Dissolution. Given rander my hand and Phe Great Sea of the State of Florida at Tallahassee, the Capital, this dhe Thirteenth day of January, 2020 '1'raehing Number: To authenticate this certificate,visit the following site,enter this number, and then follow the instructions displayed. https://servieessu nbiz.org/Filings/CertificateOtStatus/CertifieateAuthentication INTERNAL REVENUE.. SERVICE P. 0, BOX 2508 CINCINNATI, OH 45201 RURAL NEIGHBORHOODS INCORPORATED PO BOX 343529 19308 SW 380TH ST FLORIDA CITY, FL 33034-0529 Dear Applicant: DEPARTMENT OF THE TREASURY - Employer Identification Number.: 65-1238417 DLN: 17053067007047 Contact Person: DONNA ELLIOT-MOORE ID# 50304 Contact Telephone Number: (877) 829-5500 Accounting Period Ending: DECEMBER 31 Public Charity Status: 170(b) (1) (A) (vi) Form 990 Required: YES Effective Date of Exemption: DECEMBER 23, 2004 Contribution Deductibility: YES We are pleased t-o inform you that upon review of your application for tax exempt status we have determined that you are exempt from Federal income tax under section 501(c)(3) of the Internal Revenue Code. Contributions to you are deductible under section 170 of the Code. You are also qualified to receive. tax deductible bequests, devises, transfers or gifts under section 2055, 2106 or 2522 of the Code. Because this letter could help resolve any questions regarding your exempt status, you should keep it in your permanent records. Organizations exempt under section SOL(c)(3) of the Code arefurther classified as either public charities or private foundations. We determined that you are a public charity under the Code section(s) listed in the heading of this letter. Please see enclosed Information for Exempt Organizations Under Section 501(c)(3) for some helpful information about your responsibilities as an exempt organization. Sincerely, Robert Choi Director, Exempt Organizations Rulings and Agreements Enclosures: Information for Organizations Exempt Under Section 501(c)(3) Letter 947 (DO/CG) 7 Rural Neighbors seeks Local Vender Preference meeting the definition of holding a current Business Tax Receipt issued by Collier County. The firm operates a permanent business location at 750 South 5"' Street in Immokalee, FI_ from which it provides neighborhood revitalization, owner -occupied rehabilitation, real estate development, leadership development and educational services. [See current Business Tax Receipt attached] RN's partners in the proposed development also maintain business address in Collier and Lee County including Studio DCa at 1042 6" Avenue, Naples, FL 34102 and GradyMinor at 3800 Via Dey Rey, Bonita Springs, FL 34134. O M/ COLLIER COUNTY BUSINESS TAX BUSINESS TAX NUMBER 192798 C06.LlBp COl1N �l`7AA C:SLiSCTOR - MG N. HORSESHOE: DRIVE � NAPLES FLOPMA 34104. (239) 252-2477 VISIT OUR!PaESWE AT wwwsaiflerYax.ciarer FlIS siLCFiFT EXPIRES SEPTEH18ER .30, 2020 hiO Ii. )`13uSIPIE. S 12 >LIBf.IA"INsaEcrlot _.. U;iE T( J`) )I._ Y)rNTRrR (1l.. CA _ I.NJ4t' 3f 2:4t-Li42„ AIPF s �,,. r , z ;T t >rr ralipn us �A 0 PO : lot: NOW PROl-IT ORGAMZAI lON % � 0 510 O1 vr A ,.a _�) �_a,a h,n,ou rrih}I OUR IVEII�HBORHOODS, INCORPORATED Bl)X 345S?9 IN CORPORA N 352 20P.Hw( DS. CORPORATED C7RIDA CITY, FL 33034 3 iOUNT 0.00 PF LIF 0020000400J9 piraikon Date: September 30, 2020 THIS RECEIPT MUST BE EXHIBITED CONSPICUOUSLY AT THE ESTABLISHMENT OR PLACE OF BUSINESS, IT WILL BECOME NULL AND VOID IF THE BUSINESS CLASSIFICATION, OWNERSHIP OR ADDRESS IS CHANGED UNLESS THE BUSINESS APPLIES TO THE CUSTOMER SERVICE DIVISION FOR CORRECTION. THE FOLLOWING U I ESS HAS PAID THE REQUIRED BUSINESS TAX (3usiness Name: CaA�PD CC��'P3ARP A62t:.t{ETECT, E'LLG Location: Address: 1042 6TH AVENUE NORTH Classification: ARCHITECT Issue Date: September 3, 2019 License Fee: $ 57.69 Penalty: $ 0,00 Total Paid: $ 57,89 1 Restriction(s): q CCiE2P3A�, c3�4ii`�[1 1042 6TH AVENUE NORTH NAPLES, FL 34102-5603 Comment(s): Business ID#; 54g4 Reference # 5407 r }/ � Local business Tax Receipt required and'must be displayed. + Applicable to only the location address above for the business. + Any receipt obtained under this article, upon a misrepresentation of a material fact shall be deemed null and void, and the business who has thereafter engaged in any business under such receipt shall be subject to prosecution for doing business without a local business tax receipt, to the same effect and degree as though no such receipt had ever been issued. All changes require a new application and a fee of 10% of the business tax (minimum of $3 and maximum of $25), City of P�aples Finance Department � 735 Sth Street SoutPt � Naples, Florida 34102 � 23'�-213-18fi0 t+�vtn�.napfesgov.com email: cust�rv@naplesgov,com 4ee eou�y Tax Col(ktor sate of Po" Dear Business Owner: MU000030 2 of 2 in Group 1S Your 20I9-2020 Lee County Local Business Tax Receipt is attached below for account number 0600287, If there is a change in one of the following, refer to the instructions on the back of this receipt. 0 Business name e Ownership a Physical location & Business closed This is not a bill. Detach the bottom por on and display in a public location. T hope you have a successful year, Sincerely, Lee County Tax Collector f�EG�iV�� AUG104;j Q. Grady Minor & Associates, P.A. -- --------- 2019 - 2020 LEE COUNTY LOCAL BUSINESS TAX RECEIPT Account Number: 0600287 Location: 3800 V]A DEL REY BO NITA SPRINGS FL 34134 Account Expires: September 30, 2020 May enrage in the 6usine ENGINECRING FIRM THtS Q GRADY MINOR &ASSOCIATES PA Q GRADY MINOR &ASSOCIATES PA Paymer 3800 VIA DEL REY BONITA SPRINGS FL 34134 NON RFiGULATORY PAID 526856-8-2 OR/08/207910:SO AM $30.00 Collier County Administrative Services Department Procurement Services Division Form 1: Vendor's Non -Response Statement The sole intent of the Collier County Procurement Services Division is to issue solicitations that are clear, concise and openly competitive. Therefore, we are interested in ascertaining reasons for prospective Vendors not wishing to respond to this solicitation. If your firm is not responding to this solicitation, please indicate the reason(s) by checking the item(s) listed below and return this form via email noted on the cover page, or mail to Collier County Government, Procurement Services Division, 3295 Tamiami Trail East, BLDG C-2, Naples, FL 34112. We are not responding to the solicitation fm' the following reason(s): ❑ Services requested not available through our company. ❑ Our firm could not meet specifications/scope of work. ❑ Specifications/scope of wort( not clearly understood or applicable (too vague, rigid, etc.)' ❑ Project is too small. ❑ Insufficient time allowed for preparation of response. ❑ Incorrect address used. Please correct mailing address: ❑ Other reasan(s): Name of Firm: Rura] Neiehborhoods lncoroorated Address: 750 South Fifth Street City, State, Zip: Immokalee, FL 34142 Telephone: 305-242-2142 Email: stevekirk rurafnei hborhoods,or Representative Signature: Representative Name: Steven Kirk Date 1/27/2020 Collier County Administrative Services Deparrnent fhuw.vmen; Serc,ces rre,i Form 2: Vendor Check List Updated: October 24- 2o19 IMPORTANT: IBIS Proposal through 8idsync. EET.MUST BE SIGNED. Please read carefully, sign in the spaces indicated and submit with your Vendor should check off each of the following eccssarY action is completed: ® The Solicitation Submittal has been signed. ❑ The Solicitation Pricing Document (Bid Schedule/Quote Schedule/etc.) has been completed and attached. ® All applicable forms have been signed and included, along with licenses to complete the requirements of the project. ® Any addenda have been signed and included. Affidavit (or Claiming Status as a Local Business; if includedapplicable. Collier or Lae County Business Tax Receipt MUST be . ® Proof of status from Division of Corporations - Florida Department of State (If work performed in the State) - hup://dos invtlorida.com/sunbiz,/. ® Proof of E-Verify (Memorandum of Understanding or Company Profile page) and Immigration Affidavit MUST be included - hltps:,?www e-verify Gov'. ❑ Grant Provisions and Assurances package in its entirety, if applicable. ® Reference Questionnaires MUST be included or you may be deemed non -responsive: ALL SUBMITTALS MUST HAVE TBE SOLICITATIQN NUMBER AND TITLE Name of Firm: Rural Neiehborhoods. Incorvorated Address: 750 South Fifth Street City, State, Zip: Immokalee, FL 34142 Telephone: M5-242-2142 Email: stevekirk ruralnci-hbo 6ods.or Representative Signature: Representative Name: irk President Date 1/27/2020 Collier County AEminatrative Services Depanment P=tAwmeni SeNpr s Dr sm Form 3: Conflict of Interest Affidavit The Vendor certifies that, to the best of its knowledge and belief, the past and current work on any Collier County project affiliated with this solicitation does not pose an organizational conflict as described by one of the three categories below: Biased ground rules — The firm has not set the "ground rules" for affiliated past or current Collier County project identified above (e.g.,. writing a procurement's statement of work, specifications, or performing systems engineering and technical direction for the procurement) which appears to skew the competition in favor of my firm. Impaired objectivity —The firm has nor performed work on an affiliated pastor current Collier County project identified above to evaluate proposals / past performance of itself or a competitor, which calls into question the contractor's ability to render impartial advice to the government. Unequal access to information —The firm has not had access to nonpublic information as part of its performance of a Collier County project identified above which may have provided the contractor (or an affiliate) with an unfair competitive advantage in current or future solicitations and contracts. [n addition to this signed affidavit, [he corn rector /vendor must provide the following: I. All documents produced as a result of the work completed in the past or currently being worked on for the above -mentioned project; and, 2. Indicate if the information produced was obtained as a matter of public record (in the "sunshine") or through non-public (not in the "sunshine") conversation (s), meeting(s), document(s) and/or other means. Failure to disclose all material or having an organizational conflict in one or more of [he three categories above be identified, may result in the disqualification for futuresolicitations affiliated with the above referenced project(s). By the signature below, the firm (employees, officers and/or agents) certifies, and hereby discloses, that, to the best oftheir knowledge and belief, all relevant facts concerning past, present, or currently planned interest or activity (Financial, contractual, organizational, or otherwise) which relates to the project identified above has been fully disclosed and does not pose an organizational conflict. Firm: Signan Print N Title of Signatory: Collier County Administrative Services Department Pronvement services nmsion Form 4: vendor Declaration Statement BOARD OF COUNTY COMMISSIONERS Collier County Government Complex Naples, Florida 34112 Dear Commissioners: The undersigned, as Vendor declares that this proposal is in every respect fah response is made without connection or arrangement with any other person and thi and made ht goad faith, without collusion orfraud, The Vendor agrees, if this solicitation submittal is accepted, to execute a Collier County document for the purpose of establishing i m foral contractual relationship between the firm and Collier County, for the performance of al I requirements to which the solicitation pertains. The Vendor states that the submitted is based upon the documents listed by the above referenced Solicitation, Further, the vendor agrees that if awarded a contract for these goods and/or services, the vendor will not be eligible to compete, submit a proposal, be awarded, or perform as a sub -vendor for any future associated with work that is a result of this awarded contract. IN WITNESS WHEREOF, WE have hereunto subscribed our names on this 27th day of January, 2020 in the County of Miami - Dade, in the State of Florida. Firm's LegaLName: Rural Neighborhoods, Incorporated Address: 750 South Fifth Street City, State, Zip Code: hnmolcalee, FL 34142 Florida Certificate of N04000011995 Authority Document Number Federal Tax 65-1238417 Identification Number *CCR # or CAGE Code *Only if Grant Funded Telephone: 305-242-2142 Signature by: (Typed and written) Title: AddifianA Contact 4n€orrnotion Send paymen Ls to: Rural Neighborhoods, Incorporated (required if different from Company name used as payee __..___.�._._._..�._._,-..��........_.a........_.___„...._.._.._._ above) Contact name: rr:anev Aleibaur Title: Chief Financial Ofticer Address: PO €3ox 343524 City, State, GIP Florida City, FL 33034 Telephone: 305-242-2142 Email: nancyne ibaur@rural vteigh borl�aods.org office servicing CoMer Rural Neighborhoods, lncaE-poraced - Imnokalce Office County to place orders (required if different from above) Contact name: Dottie Cook Title: Revitalisation Address: 750 Sauth Fifth Street City, State, 7_IP Immokafee, PL 34 142 Telephone: 234-658-3315 Email: dottiecook r@i ruralneighborhoods-org Collier County Adminisha6ve Services Deparltr eN Pra mmtnl Ser ti Gr:smn Form 5: Immigration Affidavit Certification This Affidavit is required and should be signed, by an authorized principal of the firm and submitted with formal solicitation submittals. Further, Vendors are required to enroll in the E-Verify program, and provide acceptable evidence of their enrollment, at the time of the submission of the Vendor's proposal. Acceptable evidence consists of a copy of the properly completed E-Verify Company Profile page or a copy of the fully executed E-Verify Memorandum of Understanding for the company. Failure to include this Affidavit and acceptable evidence of enrollment in the E-Verify program may deem the Vendor's proposal as non- responsive https:H/ w.e-verifv.eov/, Collier County will not intentionally award County contracts to any Vendor who knowingly employs unauthorized alien workers, constituting a violation of the employment provision contained in 8 U.S.C. Section 024 a(e) Section 274A(e) of the Immigration and Nationality Act ("INA"). Collier County may consider the employment by any Vendor of unauthorized aliens a violation of Section 274A (e) of the INA. Such Violation by the recipient of the Employment Provisions contained in Section 274A (e) of the INA shall be grounds for unilateral termination of the contract by Collier County. Vendor attests that they are fully compliant with all applicable immigration laws (specifically to the 1986 Immigration Act and subsequent Amendment(s)) and agrees to comply with the provisions of the Memorandum of Understanding with E-Verify and to provide proof of enrollment in The Employment Eligibility Verification System (E-Verify), operated by the Department of Homeland Security in partnership with the Social Security Administration at the time of submission of the Vendor's proposal. Company Name Rural Neighborhoods. Incorporated Print Name Steven Kirk Title President Signature Date 127/2020 S It�fE Ur or1 a CpUItiIY OF N�}ni ,--Dade he individual attrsti� -- - - — (tk bJov), )_ brnip ilul; anirhu ned by lift 1 Nurllurhood5 IT ccr1 Jr lPec s,ld ii_ 1_sted riipl_�yct nrii:y and ou helidl(af Fv c o;lat 7.ru.,in Lrou� 1 I orp>r ltlad._ (I ,i �utaftr-r Cmploye") after iirsi being duly sworn herr-nhy swears or afii tine as follows. tmployer understand hat E-Ve ity is the federal E-Verity program ried 6y the Untied States Del )at of Homeland Security and other r ucral anencies, of V stifcossor Of Noivali,nI program u ;ed to vf eri (y he woil: authorization of nesvly hired employees put I ut'-o tcceir l lam in as ordance vkith NCGS fi64'-25(S). Employer understands flift L'rnplovers lieust IJ L r-Verity. Eadi eml.l ryer, afPer hiring an em ployca_ to 141 IT in the United Sttnes, shall vet ily the inns k authori7arion of life enrlployee thr crgh I Vert Fr in accordance with NC6_`.§G4-26(1). r. Employer is a person, LustnEss entity, or oihet organization that transacts business in this Tate fndthat ernploys 25 or more employees in [his State. (Mark "Yes' or "No") a. YES X b. NO �1. Employers subcontractors will comply wnh L-Verify, and Employer will ensure compliance with L-Verify by anyand allsubconliactors subsequently hired by Employer. This 9th dtiyof Sign of we of Affiant Print o�Type Name: Steven iLirk, President A610 A E� \\q N T P��li< Stdi 1.1 rich 4.'y o m�e r e aaal Seal IJHCS — E-Verify o81815 State of County of �I ami—Dade Signed and sworn to (or affirmed) before me, this the 9 h day of My Commission Expires:___ _ Notary Pu61ic coder Country AdmhetmNre MS cese�t Pr um"nlS lv Dmsimi Form b: Vendor Substitute W'— 9 Request for Taxpayer identification Number and Certification In accordance with the Internal Revenue Service regulations, Collier County is required to collect the following information for tax reporting purposes horn individuals and companies who do business with the County (h1clLid ing social Security num bens if used by the individual or company Pore tax reporting purposes). Florida Statute 1.19.071(5) requires that the county notify you in writing of the reason for collecting this information, which will be used for no other purpose than herein stated. Please complete all information that applies to your business and return with your quote or proposal. I. General Information (provide all information) Taxpayer Name Rural Neighborhoods, Incorporated (as shown on income lm return) Business Name (if dii ferentdfiwnr 1 arperyer name) Address PO Box 343529 State Florida City _Florida Ciri Order Information (Must be filled out) Remit / Payment [ntormation (Must be filled out) Address 750 South Fifth Street Address PO Box 343529 City Immokalee State FL Zip 34142 Ciiy Florida City State FL Zip 33034 Email stevekirk(rr�rurahneiehborhoods org 2. Company Status (check oily one) Email steyeknk(�ruralneielitiorhoodso _Individual /Sole Proprietor _Corporation _Partnership XX Tax Exempt (Federal income tax-exempt entity Limited Liability Company under Internal Revenue Service guidelines IRC 501 (c) 3) Enter the tax classification — r _ 3. Taxpayer Identification Number (for tax reportingpazrposes on139 Federal Tax Identification Number (Tits 55-138417 (Vendors who do not have a TIN, will be required to provide a social security number prior to an award). 4. Sign and Date Form: Certification: Under enalties o er':a ; I cerii > t al the Signature Title orr this ornt zs correct to nn� knormledre Date 1/27/2020 Phone Number 301-242-2142 Co oe-r Cortrtty Adminseative Services Department ry Femeri S"r,� Dm, m Form 7: Vendor Submittal — Local Vendor Preference Affidavit (Check Appropria[e boxes Below) State of Florida (Select County if Vendor is described as a Local Business) Collier County Lee County Vendor affirms that it is a local business as defined by the Procurement Ordinance of the Collier Counry Board of County Commissioners and the Regulations Thereto. As defined in Section XV of the Collier County Procurement Ordinance: Local business means the vendor has a current Business Tax Receipt issued by the Collier County Tax Collector prior to bid or proposal submission to do business within Collier County, and that identifies the business with a permanent physical business address located within [he limits of Collier County from which the vendor's staff operates and performs business in an area zoned For the conduct of such business. A Post Office Box or a facility that receives mail, or a non -permanent stmcmre such as a construction trailer, storage shed, or other non -permanent structure shall not be used for the purpose of establishing said physical address. In addition to the foregoing, a vendor shall not be considered a "local business' unless it contributes to the economic development and well-being of Collier County in a verifiable and measurable way. This may include, but not be limited to, the retention and expansion of employment opportunities, support and increase to the County's tax base, and residency ofemployees and principals of the business within Collier County. Vendors shall affirm in writing their compliance with the foregoing at the time of submitting their bid or proposal to be eligible for consideration as a "local business" under this section. A vendor who misrepresents the Local Preference status of its firm in a proposal or bid submitted to the County will lose the privilege to claim Local Preference status for a period of up to one year under this section. Vendor must complete the fallowing information: Year Business Established in XColliar County or ❑ Lee County: 2015 Number of Employees (Including Owner(s) or Corporate Officers): 12 Number of Employees Living in (] Collier County or ❑ Lee (including Owner(s) or Corporate Oficers): 0 if requested by the County, vendor will be required to provide documentation substantiating the information given in this affidavit. Failure to do so will result in vendor's submission being deemed not applicable. Vendor Name: Rural Neighborhoods. Incorporated Date: 1/27/2020 Address in Collier or Lee County: 50 South Fifth Street Immokalue FL 34142 Signature: (� _ Title: President 1..1 19CCA tLW Ya�'i d� i PRE EsR.ENCt', re County is osvtg the Compebtive .Pealed Bid methcdolop of scar-te selection 50Y finis of OCIarenreenE; as aluthorized by OrAnance Number 2W 7-08 ecosbHshing and adopting the Collier Cors:7try proceareAa,,g Ordinance tl.2 Loeb business fncan,a the vendor has a current Business Tax Receipt issibed by the Coll - County Ties Collector p6ox to bad on proposal submission to do business, within Collier County, &u t ffn, fits LSe business ursoh a penrf;pent physical Lusine s, al rr.&' wirld n the €ifn is of Cca1 fi-m . _Ganiy wYsich EhA, verAdor's Tf'ofropa ates,and per§oit r usi1'nl „1 „n mea zoned forthp conduct lc?h vf business. 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LOLOt9E0 3000 h1011V01dISSd?O VZINHO?J011d02ld-NON N011NOId15Sb'1 Jll 1.iN110� d0 31VAS Zb IZ'ZbZ-SO£ 3NOHd SS3NISIIS 3lWWOO 03N0Z SLL 8 /0U# 1S Hldid S 09Z 74O11V001 OZOZ 'O£ 21384ll31d35 S3lIdX31d13031: SIHl woa•xeuaploo•Mtnm atl 311S83M 21N0 lISIA LL4Z•ZSZ (6EZ1- bOLbE VORIOId S3ldVN - 3AI80 30HS3S80H'N OOBZ • 801031100 Xtll A1Nl100 L311100 BBLZ6L 83QMNXtl1SUNISn8 AVI1 Z)3Njsns AlNnoo L1imoo Rural Neighborhoods, Inc, and Its Affiliates CONSOLIDATED STATEMENTS OF FINANCIAL POSITION December 31, 2015 and 2014 ASSETS CURRENT ASSETS Cash Accounts receivable - tenants Rental assistance receivables Miscellaneous receivables Grant receivables Due fi'om affiliates Notes receivable - affiliates Prepaid expenses Total current assets RESTRICTED DEPOSITS ANll FUNDED RESERVES Tenant security deposits Mortgage escrows Replacement reserve Debt Service reserve Operating reserve Other deposits Total restricted deposits and funded reserves PROPERTY AND EQUIPMENT Land Land improvements Buildings and improvements Furniture and equipment Construction in progress Total property and equipment Less accumulated depreciation Total net property and equipment OTHER ASSETS Deferred loan costs, net Tax credit monitoring fees, net Other assets Total other assets Total assets (continued) 2015 $ 4,602,789 58,381 284,907 15,323 522,102 47,529 31,417 306,493 5,868,941 573,689 724413 5,283,453 8645462 1,006,803 321, 134 8,773,954 I Q024,447 9,464,952 1395595,787 4,490,248 5,867,240 69,442,674 (40,443,730) 128,998,944 42Q994 456,229 8,652 885,875 $ 144,527,714 2014 $ 5,396,426 1295964 261,404 303,360 82,887 12,485 34,000 421,920 6,64z,446 542,098 645,939 5,526,046 73(,808 9445304 125,081 8,514,276 9,308,405 9,464,952 1335983,028 4,472,222 3,725,962 60,954,569 (35, 155,057) 125,799,5 12 463,213 511,758 258,467 1,233,43 8 $ 142,189,672 Rural Neighborhoods, Inc. and Its Affiliates CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - CONTINUED December 31, 2015 and 2014 LIABILI"fIES AND NE"I' ASSETS CURRENT LIABILITIES Accounts payable Accrued expenses Accrued interest payable Accrued investor services management fee Construction costs payable Current portion of mortgages payable Total current liabilities DEPOSITS AND PREPAID LIABILITY Tenant security deposits Prepaid 'rent Total deposits and prepaid liability LONG-TERM LIABILITIES Due to affiliates Developer fee payable Deferred revenue Mortgages payable, net of current portion Total long -tern liabilities COMMITMENT AND CONTINGENCIES NON -CONTROLLING INTEREST IN SUBSIDIARIES Permanently restricted net assets Net assets (deficit) - unrestricted Total liabilities and net assets 2015 $ 152,886 437,309 458,297 6,149 402,787 2,630,175 4,087,603 572,189 64,371 636,560 113,872 1,555,022 4,774,320 68,386,582 2014 $ 141,141 474,808 426,669 5,970 930,536 2,598,770 4,577,894 540,598 51,581 592,179 287,695 2,144,009 3,819,456 66,409,041 74,829,796 72,660,201 20,268,658 2,000,000 19,950,824 865,530 686,700 43,839,567 41,721,874 $ 1445527,714 See notes to consolidated financial statements. $ 142,189,672 Rural Neighborhoods, Inc. and Its Affiliates CONSOLIDATED STATEMENT OF ACTIVITIES Year Ended December 3I, 2015 Permanently Unrestricted Resb'icled Total RENTAL REVENUE Potential rental revenue $ 10-615,379 $ - $ 10.615,379 Less vacancies and concessions (564,524) (564.524) "total rental revenue 10.050,855 10,050.855 OTHER REVENUE Application fees 42,192 - 42.192 Laundry and vending 206.330 - 206,330 Interest income 39386 - 39,386 Interest income - related party I L,043 - 11,043 Tenant charges 207.617 - 207,617 Property management fees 36,000 - 36,000 Income from forgiveness of debt 572,919 - 572,919 Grant rcvcnuc U376,203 275,000 1,651,203 M iscellancous revenue 1,029,232 1.029,232 Total other revenue 3,520,922 275,000 3,795922 EXPENSES Operating and maintenance 33259.913 - 3,259,913 Utilities 990,513 - 990,513 Project administration expenses 3,287,953 - 3,287,953 Management fees 176,581 - 176,581 Taxes and insurance 1,249.192 - 1,249,192 Bad debt expense 758,706 - 758.706 Interest on deferred developer fee 39.041 - AM Interest on mortgages payable 608.662 608,662 Total expenses 1 Q370,561 10370561 Income (loss) from operations 3,20U216 275,000 3,476.216 NON -OPERATING EXPENSES (INCOME) Investor services management fee 6,149 - 6,149 Miscellaneous income (5,247) - (55247) Legal settlement income (7275285) - (727,285) Depreciation expense 4,5215769 - 4,521,769 Amortizatin n expense 97,748 975748 Total non-operating expenses 35893,134 - 3.8935134 Change in net assets before non -controlling interest (416,918) - (416,918) Non -controlling interest in comings of subsidiaries (73,662) 275,00o 2013338 Change in net assets $ (49(1,580) $ 275,000 $ (215,580) See notes to consolidated financial statements. Rural Neighborhoods, hic. and Its Affiliates CONSOLIDATED STATEMENT OF ACTIVITIES Year Ended December 31, 2014 Permanently Unrestricted Restricted Total RENTAL REVENUE Potential rental revenue $ 10,1915258 $ - $ 10,19E258 Less vacancies and concessions (565941) (565,941) Total rental revenue 9-625 317 9,625-317 OTHERREVENUE Application fees 315227 - 31,227 Laundry and vending 2t0,031 - 2105031 Interest income 565087 - 56,087 Interest income -related party 255598 - 25.598 Tenant charges 2325025 - 232,025 Income from forgiveness ofdebt 704,169 - 7045169 Grant revenue 1,050,928 2755000 L325,928 Miscellaneous revenue 461.731 - 46L731 Total other revenue 2,771.796 275,000 3,0465796 F.XPENSE,S Operating and maintenance 2,775,139 - 2,775,139 Utilities 916,373 - 9165373 Project administration expenses 259255693 - 2,925,693 Management fees 142,754 - 142.754 Taxes and insurance 15184,998 _ Bad debt expense 1, I84,995 67,646 - 675646 Interest on deferred developer fee 375786 - 37786 Interest on mortgages payable 624,392 624,392 Total expenses 8,674,781 8,674981 Income (loss) from operations 3,7225332 275,000 3.9971332 NON -OPERATING EXPENSES Investor services management fee 5,970 - 5,970 Legal fees 23000,00o - 2,0003000 Depreciation expense 4,4555397 - 4,4551397 Amortization expense 97,748 97,748 Total non -operating expenses 655595115 - M595115 Change in net assets before non -controlling interest (255613783) - (2,5615783) Non -controlling interest in - earningsofsubsidiaries 1,4173235 275,000 15692,235 Change in net assets $ (I1144,548) $ 275,000 $ (8695548) See notes to consolidated financial statements. Colpier C:oxnty Admirtistrabve SerneCes Dyson Froc:aemeti cerv;L�. Rate; December 17, 2U 19 Email: evelyn.colonral)colliercoun-tyfl.gov Telephone: (239) 252-2667 Addendum 1 From: GeoffThoma>. Procurement Strateeist TO: Interested Bidders Subject: Addendum � I Solicitation #and Title 20-7(i9R PUBLIC PRIVATE PARTNERSHIP (P3)- HOUSING AND LAND DEVELOPMENT COMPONENT AT THE FORMER GOLDEN GATE GOLF COURSE The following clarifications are issued as an addendum identifying the following clarification to the scope of %work, changes. deletions, or additions to the original solicitation document for the referenced solicitation: Change I. Revised Invitation to Negotiate (I IN) Instructions Form. Change 2. Updated language in sections 1.4 ofthe Invitation to Negotiate. Chance 3. Insurance Requirements if you require additional information please post a question on our Bid Sync (�_�r��.bids� ne.com) bidding platfo m under the solicitation for this project. Nlease sign below and ref rn a cap}' ot'this Addendum with your submittal fur the shove referenced solicita8o� 1 /27/20'_0 Date Rural Neighborhoods, Incorporated (Name of Firm) to^:ixr.s rase / Bard -1 %, p> Requitedfjffl; s 1 ❑ Utor4 er's Compensation slalutofN Limits of t Iorlda St iu re,. Chapter 4<[0 and all Federal Ckn'anment Nfnifor Limits and I eguirements Evidence of Workers- Compensation coverage or aE Certificate or' Eacmpiion issued �.v the State of Florida is required Entities that are forme- as Sole Proprietorships shall not be tcquired to provide a proof of CXeMp(ion. An applicinion for Cxcmplion c m be obtained online at hhl ?. ! Emplovur's Liabiluy e_i01000_ single limit per occult-ence -. ❑Commercial General R,odik lnjur = and Property Damage Liabdite• (Occunence Foam) paltcuu3 aficr thecarrrerlr 1'0100,000smile litnil per occrulcric. S1,600000 aoare ru Ini Bondy ttiO corm Inlmr Liabilna and 7 poem\ Damacle t iabiht� This shall uacludc pnzmees and ❑nations independent Contrartots Products and Completed ()pt tans and C,ontrulual Liabdin. Indemnification 'ho the nfaximwn extent permitted by Florida law, the Contractor/Vendor shall deitnd, indcouiifs, and hold halfuless Collier County, its officers and employees hoof any and all liabilities, damages. losses and costs.. including, but not limited [o, reasonable attorneys' fees and paralegals' tees, to the extent caused by the ne&lioence, recklessness, or intentionally Wiful gful conduct of the Contractor/ Vendor or anvone employed or utilized by life CootractodVendor in the performance of this Aarecmcal. ❑Autom-.bile Liabiiih i3Otb(1;4C70 Each Occurrence; Bodila, tn.mOr, & Propenp� Dania*ae. U14ne(PNOn-owned/Hired; Automobile Included ` 6, Other insurance as noted: ❑ watcrcraft S Per OCCniTenee ❑ United States Longshoreman's and Harbollw)rkers Act coverage shall be maintained where applicable to the completion of the work. S Per Occurrence Marilime Coverage (Jones Act) Shull be maintained where applicable m the completion ofthe work. S Per Occurrence ❑ Aircraft Liability coverage shall be carried in limits of not less than SS.Ooo_o6U ouch occurrence if applicaable to the completion of the Services under ihis Aorcemem. S Per Occurrence ❑ Pollution S Per Occurrence F Professional Liability $_F,000,000_ Per claim & in life aggrepaic (❑ Project Professional Liability S Per Occurrence ❑ Valuable papers Insurance S-- Per Occurrence ❑ Cyher liability _ Per Occurrence ❑ Tcchnoloz En -or & Omissions S Per Occurrence 1. ❑ Bid bond Shall be .submitted with proposal response in the form of certified fluids_ cashiers, check or an irrevocable letter of credit, a cash bond posted with file County Clerk, or proposal bond if, a sum equal to 5"-f) of the cost proposal All checks shall be mad: payable to the Collier County Board of County Commissioners on a bank or trust company located in the State of Florida and insured by the Federal Deposit Insurance Corporation. ❑ Performance and Payment For projccis in excess of S200,000, bonds shall he submitted with the executed Bonds contract by Proposers receiving award, and wrinen for 100% of the Contract award amount. die cost horns by the Proposer receiving an award. The perfiirmance and Payment Bonds shill he undemrilten by a surety authorized to do business in the State of Florida and mhenvisc acceptable to Owner: provided, however, die surety shall be rated as "A-" or better as to eeneral policy holders rating and Class V or higher satin, as to financial size ca[euon and the amount required shall not exceed 5% of the reported policy holders' surplus, all as reported in the most current Best Key Rating Guide. published by A.M. Best Company, tire, of 75 Fulton Street, New York. New York 10038. 9, ® Vendor shall ensure trial all subcontractors comply with the same insurance requirements dial he is required to meet. The same. Vendor shall provide County with certificates of insurance meeting the required insurance provisions. 10. © Collier County must be named as "ADDITIONAL INSURED" on the Insurance Certificate for Commercial General Liability inhere required. This insurance shall be primari- and non-contributory Mili respect to any other insurance maintained by, or available for the benefit of, the Additional Insured and the Vendor's policy shall be endorsed accordingly. I I. ® The Certificate Holder shall be named as Collier Couniv Board of County Commissioners, OR, Board of County Commissioners in Collier County. OR Collier County Government, OR Collier County. The Certificates of Insurance must state the Contract Number. or Project Number. of specific Project description. or must read: For any .and all work performed on behalf of Collier County. 12. Tr On all certificates, the Certificate Holder must read: Collier County Board of County Commissioners. 33, Iamiami Trail East, Naples, FL 341 12 13. ®Thirty (30) [lays Cancellation Notice required. 14. Collier County shall procure and maintain 6uildets Risk Insurance on all constntction projects where it is deemed necessary. Such coverage shall be endorsed to cover the interests of Collier County as well as die Contractor. Premiums shall be billed to the project and die Contractor shall not include Builders Risk premiums in its project proposal or project billings. All questions regarding Builder's Risk Insurance will be addressed by the Collier County Risk Management division, 13/ I G! 19 - CC Vendor's Insurance Statement \Y€understand the insurance requirements of these sp€cifications and that the evidence of insurabilip� niav be required within five datdays oath€ at3•ard of this solicitation. The insurance submitted must provide coverage fora in niniuln Er six (6) months from the date of award. Name of Firm Vendor Sienamre Print Name Insurance Agency Brown d: Brown lrtsurance Agency gent Name Date I/?7/20?0 _Alan Lund Telephone Number 305-2=16-75Q2 INSTRUCTIONS TO PROPOSERS t.I Direct questions related to tills TTN to the Collier County Procurement Services Division Online Bidding System website: h uos://www. bi dsync. com/bid syn c-cas/. t.2 Proposers ran st clearly understand that the only official answer or position of the County wilt be the one stated on me CollierCounty Procurement Services Division Online Bidding System website. For general questions, please call the referenced Procurement Strategist noted on the cover page. 2,! The purpose off the pre -proposal conference is to allow an open forum for discussion and questioning with County sta4: regarding the ITN with all prospective vendors having an equal opportunity to hear and participate. Oral questions will receive oral responses, neither of which will be official, nor become part of the ITN. Only written responses to written questions will be considered official, and will be included as part of the ITN as an addendum. 2.2 All prospective vendors are strongly encouraged to attend, as, this will usually be the only pre -proposal conference for this solicitation. If this pre -proposal conference is denoted as "mandatory", prospective Vendors must be present in order to submit a proposal response. Proposals must be in strict compliance with this I7'N. Failure [o comply with al@ provisions of the CITd may resu4t in disqualification. It is the sole responsibility of the vendor if they discovers any ambiguity, conflict, discrepancy, omission or other color in the ITN, to immediately notify the Procurement professional, noted herein, of such error in writing and request modification or clarification of the document prior to submitting the proposal. The Procurement Professional will make modifications by issuing a written revision and will give written notice to all parties who have received this ITN from the Procurement Services Division. The County will not be liable in any way for any costs incurred by any Vendor in the preparation of its propose[ in response to Phis it nor for the presentation of its proposal and/or participakion io any discussions, negoYia€ions, or, if applicable, any protest procedures. Na proposal can be withdrawn after it is opened unless the vendor makes their ezquest in writing to the County. Al@ proposals shall be valid for a period of one hundred eighty (1$0) daps from the submission date to accommodate evaluation and selection process. 7 .1 The County is using the Competitive Sealed Proposerss methodology of sotuce selection for this procurement, as authorized by Ordinance Number 201 i-4$, establishing and adoptittg the Collier County Proourement Ordinance. 7.2 If the County receives proposals from less than three (3) firms, the Procurement Director shall review all the facts and determine if it is in the best interest of the County to solicit additional proposals or request that the Selection Committee rank order the received proposals. OF PROMaALS $.I.1 The Procurement Services Director shall appoint a selectors comrnitiee W review all proposals submitted. 8.1.2 The Request for Proposal is issued. $.1.3 Subsequent to the receipt closing date for the proposals, the Procearemont Professional will review the proposals received and verify each proposal to determine if it minimally responds to the requirements of the published ITN. S.I.4 Selection committee meetings will be open to the public and publicly noticed by the Procurement Services Division. 8.1.5 In an initial organization meeting, the selection committee members will receive instructions, the submitful proposals, and establish the next selection committee meeting data and time. After the first meeting, the Procurement Professional will publically announce all subsequent committee meeting dates and times. The subsequent mexting dates and times will be publicly posted with at least one (t) day advanced notice. 9. 8.1.6 Scicstion committee members will independently review and scare each proposal based on the evaluation criteria stated in the request for proposal using the individual Selection Commitree Scare and Rank Foan and prepare comments for discussion at the next meeting, The Individual Selection Committee Score and Bank Form is merely a teal to assist the selection committee member in their review of the proposals. 8.1.7 At the publicly noticed selection committee meeting, the members will present their independent findings / conclusions / comments based on their reading and interpretation of the materials presented to each other, and may ask questions of one another. Time will be allowed for public comment. 8.1.8 Collier County selection committee members may consider all the material submitted by the Proposer and other information Collier County may obtain to determine whether the Proposer is capable of and has a history of successfully completing projects of this type, including, without limitation, additional information Collier County may request, clarification of proposer information, and/or additional credit information. 8.1.4 Once the individual scoring has been completed, the Procurement professional will read the results publicly. Subsequent to the selection committee ranking, the top shorWisted OFFERERS will then have the opportunity to present to the BOARD. Oral presentations provide the OFFERORS an opportunity to share their vision, experience, capability, and expertise with the BOARD ahead of final selection. 8.f.lOBased upon a review of the presentations and proposals, the BOARD will select the top OFFEItOR(S) to negotiate as authorized in Section 11, Paragraph 7 of County Procurement Ordinance Number 201 7-08. 8.1.1 1-The COUNTY reserves the right to negotiate any element of the proposals in the best interest of the County. 8.2 The County reserves the right to withdraw this ITN at any time and for any reason, and to issue such clarifications, modifications, addendums, and/or amendments as it may deem appropriate, including, but not limited, to requesting supplemental proposal information. 8.3 Receipt of a proposal by the County offers no rights upon the proposer nor obligates [he County in any maruter. 8.4 Acceptance of the proposal does not guarantee issuance of any other governmental approvals. The County eeserves the rigtef to contact any and all references submitted as a result of this solicitation. Collier County reserves [he right in any solicitation to accept or rejeee any or all bids, proposals or offers; to waive minor irregularities and technicalities; or to request resubmission. Also, Collier County reserves the right to accept all or any part of any bid, proposal, or offer, and to increase or decrease quantities to meet additional or reduced requirements of Collier County. Notwithstanding any other provisions of this Article, if none or only one responsive and responsible bid or proposal is received following any solicitation, the County Manager, or designee, reserves the right to reject all bids, proposals or offers and to negotiate with any responsible providers to secure the best terms and conditions in the sole interest of the County unless otherwise provided by law. The Vendor shell at its own expense, carry and maintain insurance coverage from responsible companies duty authorized to do business in the Slate of Florida as set forth in the Insurance and Hooding atexichment of this solrcitation. T'he Vendor shall procure and maintain property insurance upon the entire project, if required, to the full insurable value of the scope of work. 11.2 The County and the Vendor waive against each other and the County's to Vendors, Contractors, Design Vendor, Subcontractors agents and employees of each and all of Yhem, all damages covered by property insurance provided herein, except such rights as they may have to the proceeds of such insurance. The Vendor and County shall, where appropriate, require similar waivers of subrogation from the County's separate Vendors, Design Vendors and Subcontractors and shall require each of them to include similar waivers in their contracts. 113 Collier County shall be responsible for purchasing and maintaining, its own liability insurance. 11.4 Certificates issued as a result of the award of this solicitation must identify "For any and all work performed on behalf of Collier County." } 1.5 The General Liability Policy provided by Vendor to meet the requirements of this solicitation shall name Collier County, Florida, as an additional insured as to the operations of Vendor under this solicitation and shall contain a severability of interests provisions. i 1.6 Collier County Board of County Commissioners shall be named as the Certificate Holder. The Certificates of Insurance must state the Contract Number, or Project Number, or specific Project description, ar most read: For any and all work performed on behalf of Collier County, The "Certificate Holder" should read as follows: Nap &at, p7orsda 11.7 The amounts and types of insurance coverage shall conform to die minimum requirements set forth in Insurance and Bonding attachment, with the use of Insurance Services office (ISO) forms and endorsements or their equivalents. If Vendor has any self -insured retentions or deductibles under any of the below listed minimum required coverage, Vendor must identify on the Certificate of Insurance the nature and amount of such self- insured retentions or deductibles and provide satisfactory evidence of financial responsibility for such obligations. All self -insured retentions or deductibles will be Vendor's sole responsibility. l I.R Coverages) shall be maintained without interruption from the date of commencement of the Work until the date of completion and acceptance of the scope of work by the County or as specified in this solicitation, whichever is longer. 11.4 The Vendor and/or its insurance carrier shall provide 30 days written notice to the County of policy cancellation or non renewal on The part of the insurance carrier or the Vendor. The Vendor shall also notify the County, in a like manner, within twenty-four (24) hours after receipt, of any notices of expiration, cancellation, non -renewal or material change in coverage or limits received by Vendor from its insurer and nothing contained herein shall relieve Vendor of this requirement to provide notice. In the event of a reduction in the aggregate limit of any policy to be provided by Vendor hereunder, Vendor shall immediately take steps to have the aggregate limit reinstated to the full extent permitted under such policy. I I.1 Q Should at any time tte Vendor nit maintain tie insurance coverages) required herein, the County may terminate the Agreement or at its sole discretion shall be authorized to purchase such coverage(s) and charge the Vendor for such coverage(s) purchased. If Vendor fails to reimburse the County for such costs within thirty (30) days after demand, the County has the right to offset these costs from any amount due Vendor under this Agreement or any other agreement between the County and Vendor. The County shall be under no obligation to purchase such insurance, nor shall it be responsible for the coverage(s) purchased or the insurance company or companies used, The decision of the County to purchase such insurance coverage(s) shall in no way be construed to be a waiver of any of its rights under the Contract Documents. Vendor shall finnish to the County renewal or replacement Certifiente(s) of Insurance riot I I e t days after the expiration date on ater than ten (10) Calendar the certificate. Failure of the Vendor to provide the County vAth such renewal certificate(s) shall beconsideredjustification lartheCounty toterminaleany and all contracts, 26 ADDITIONAL ITEMS A`�� Additional items and / or services may be added to the resultant contract, or purchase order, in compliance with the Procurement OrdenMCC, The County or its authorized Agent shall have tie right to inspect the Vendor"s facilities/projeot site during and after each work assignment Ire Vendor is performing. The County has implemented a Vendor Perfamrance Evalualion System for all contacts awarded in excess of $25,000. To this end, vendors will be evaluated on tlreir performance upon campletion/te€�ninatian of this Agreement. The County reserves the right to take into consideration a vendor's past performance under a prior or current County contract when it is considering the granting of a new contract, the assignment of a work order, or any additional work. Past poor performance may result in the County deeming the vendor non -responsible and therefore refraining from awarding such work. ! 5.1 The selected Vendor shall be required to sign a sturdard Collier County eontracL I5_Z The resultant contacts} may include purchase or work orders issued by dte County's project manager. 15.3 The County reserves the right to include in any contract document such terms and conditions, as it deems necessary for the proper protection of the rights of Collier County. A sample copy of this contact is available upon requesL The County will not be obligated to sign any contracts, maintenance and/or service agreements or other documents provided by the Vendor. 5.4 The County's project manager shall coordinate with the Vendor / Contractor the return of any surplus assets, including materials, supplies, and equipment associated with the scope or work. 16.1 Florida Public Records Law Chapter 119 inclrrrling specifically those contactual requirements in I14.070t(2)(a}-(b) as follows: �O>1x unieatioel and Customer Relations Division 3299 Taaadami Trail East Spite 102 Naples, FL 34112®5746 Telephone: (239) 2524383 16.2 The Contractor must specifically comply with fhc Florida Public Records Law to: 16.2.1 Keep and maintain public records required by the public agency to perform the service. recordsPfIvIde JAC public agency with a copy of the requested records.Mut exceed the cost provided in "a chapter or as Otherwise provided by law. 16.2.3 Ensure that public records that are exempt or confidential mid exempt from public records disclosure requirements me not disclosed except as authorized by low for the duration Of the contract term and following Completion Of the contract if the Contractor does not transfer the records to the public agency. 16.2.4 Upon Completion Of the crammer, transfer, at no cost, to the public agency all public records in possession of the Contractor or keep and maintain public records required by the public agency to perform the service. if the Contractor transfers all public records to the public agency upon completion of the contract, the contractor shall destroy my duplicate public records that me exempt or confidential and exempt from public records disclosure requirements. If the Contractor keeps and maintains public records upon completion of the contra th Contractor shall meet all applicable requirements for retaining public METHODmust be provided to the public agency, upon request from the public agency* nically s custodian of Public records, in a format that is compatible with the information technology system of the public agency. 7e PAYMENT 17.1 Payments are made in accordance with the Local Government Prompt Payment Act, Chapter 218, Florida Statutes. i/endor's invoices must melude: 17.1.1 Purchase Order Number 17.1.2 Description and quantities of the goods or services provided per instructions on the Comity's purchase order or contract. Invoices shall be sent to: Board Of County Commissioners Clerk's &F.nance Department ATTN: Ascotsols Payable 3299 Tandami Trail East, Suite 700 Naples VL 34112 ®r Emailed to: hceanclerk(rdcollierderk.com 17.2 Payments will be made for articles and/or services famished, delivered, and accepted, upon receipt and approval of invoices submitted on the date of services or within six (6} months after completion of eonhact. My untimely submission of invoices beyond the specified deadline period is subject to non-payment under the legal doctrine of "laches" as untimely submitted. Time shall be deemed of the essence with respect to the timely submission of invoices under this agreement. 17.3 In instances where the successful contractor may owe debts (including, but not limited to taxes or other fees) to Collier County and the contractor has not satisfied nor made arrangement to satisfy these debts, the County reserves the tight to off -set the amount owed to the County by applying the amount owed to the vendor or contractor for services performed of for materials delivered in association with a contract. 17.4 Invoices shall not reflect sales tax. After review and approval, the invoice will be transmitted to the Finance Division for paymenk. Payment will be made upon receipt of proper invoice and in compliance with Chapter 218 Florida Stabiles, otherwise known as the "Local Government Prompt Payment Act.." Collier County reserves the right to withhold and/or reduce an appropriate amount of any payment for work not performed or for unsatisfactory performance of Contractual requirements. t8. E O NTAL HEALTH AND SAFETY 18.1 All Vendors and Sub Vendors performing service for Collier County are required and shall comply with all Occupational Safety and Health Administration (OSHA), State and County Safety and Occupational Health standards and any other applicable toles and regulations. Vendors and Sub Vendors shall be responsible for the safety of their employees and any unsafe acts or conditions that may cause injury or damage to any persons or property within and around the work site. All firewall penetrations must be protected in order to meet Fire Codes, 18.2 Collier County Government has authorized OSHA representatives to enter any Collier County facility, Property and/or right-of-way for the purpose of 'inspection of any Vendor's work operations. This provision is non-negotiable by any department and/or Vendor. 18.3 All new elecrical installations shall incorporate NFPA 70E Short Circuit Protective Device Coordination and Arc Flash Studies where relevant as determined by the engineer. 18.4 All electrical installations shall be labeled with appropriate NFPA 70E arch flash boundary and PPE Protective labels. 19. POLLUTION PREVENTION The vendor is required to implement industry relevant pollution prevention and best management practices. Should pollution incidents occur, Collier County Pollution Control must be notified immediately. 20, LICENSES i PerformIM PunteSSIonal license, and my other authorizations necessary to carry out and Ordinances,Law, Statute, submitud with the proposal response indicating that the entity proposing, as well as i c ad in the contract documents. Failure on the part of account, is Properly licensed to perform the activities or work includ the team ass vied to r. grounds County my Vendor to submit the required documentation may be office within Collier County is also required to have rm occupational licam,. need to be renewed thereafter to remain "active" in Collier County. County Contractor License registration form and submit the required fee. After registering the license/registration will professional regarding.3 If you have questions licenses contact the ContractorDevelopment Environmental Services at (239) 252�2431, 252�2432 or 252�2909. Questions regarding required occupational licenses Please contact the Tax Collector's f +_ . By submission of this Proposal the undersigned, as Vendor, does declare that the only Person Or Persons interested in this Proposal as principal or principals is/are named therein and that no person other than therein mentioned has my interest in this Proposal or in the contract to be entered into; that this Proposal is made without connection with any Person, company or parties making a Proposal, and that it is in all respects fair and in good faith without collusion or fraud. LEL6�TJON OF COUNTY resultingIt is the intent of the parties hereto that the Vendor shall be legally considered an independent Vendor, and that neither the Vendor nor their employees shall, under my circumstances, be considered employees or agents of the County, and that the County shall be at no time legally responsible for my negligence on the part of said Vendor, their employees or agents, TERMINATION23, Should the Vendor be found to have felled to perform services in a manner satisfactory to the County, the County may terminate this Agreement immediately for cause; further the County may temeinate this Agreement for convemenes with a thirty (30) day written notice. The County shall be sole judge of non performance. In the event that the award of this solicitation is made by the Procurement Services Director, the award and any resultant purchase orders may be terminated at any time by the County upon thirty (30) days written notice to the awarded vendor(s) pursuant to the Board's Procurement Ordinance. After the issuance of any solicitation, no current or prospective vendor or any person acting on their behalf, shall contact, communicate with or discuss any matter relating to the solicitation with any Collier County employee or elected or appoin4^d o(%ieialI other than the procurement Services Director or his/her designees. This prohibition ends upon execution of the final contract or upon cancellation of the solicitation. Any current or prospective vendor that lobbies any Collier County employee or elected or appointed official while a solicitation is open or being recommended for award (i) may be deemed ineligible for award of that solicitation by the Procurement Services Director, and (ii) will be subject to Suspension and Debarment outlined in section Twenty-eight of County Ordinance 2017-09. In order to be considered for award, Im's must be registered with the Florida Department of State Divisions of Corporations in accordance with tile requirements of Florida Statute 607.1501 mal provide a certificate of authority (www.sunbi�or&earch.html) prior to execution of a contract A copy of the document may be submitted vAth the solicitation response and the document number shall be identified. Firms who do not provide the certificate of authority at the time of response shall be required to provide same Within five (5) days upon notification Of selection for award. If the firm camnot provide the document within the referenced timefiame, the County reserves the right to award to another firm, Each Vendor must submit, with their propostd, the required forms included in this MM Only one proposal hear a legal entity as a primary will be considered. A legal entity that submits a proposal a p Or HS P of a p joint venture submitting as primary may not then act as a sub�vendor to any oth as rimary art .CERTIFICATE F AUTHORM TO CONDUCT BUSHerM IN THE STATE OF FLORIDA (ML Statute 607.MU PROCEDURESlegal entity is not submitting as a primary or as part of a partnership orjoint ve er firm submitting mder the same FfN. If a nione as a primary, that legal entity may act as a sub�vcndor to any other firm or firms submitting under the same ITN. All submittals; in violation of this requirement will be deemed non -responsive and rejected from further consideration. 27, PROTEST IT volmmea in a solicitation, including Way provisions governing the methods for evaluation of bids, Proposals Or replies, awarding contrects, oescceing rights for father negotiation or modifying or amending any con"M the protesting party shall file a notice Of intent to protest within three (3) days� excluding weekends and County holidays, after the fiou Publication, whether by posting or formal advertisement of the solicitation- ne f0muld written Protest shall be filed within five (5) days of the date the notice of intent is filed. Formal pratests of the trame, conditions and specifications shall contain all of the information required for the Procurement Services Director, to render a decision on ,. formal protest and determine whether Postponement of the bid Director'sopening or proposal/response closing time is appropriate. Ile Procurement Services considered final and conclusive unless the protesting party files an appeal of the Procurement Services Directorts decision. 27.2 Any actual proposer or respondent to who desires to protest a recommended conmict QjtlrAj.MI SMNA�t 2 M 7M� e 71acurcorent Services; Director within three (3) calendar days, excluding weekends and County holidays, from the date of the initial posting of the recommended award. - er rieclsion. bald protests shall be submitted within five (5) calendar days, excluding weekends and County holidays� from the date that the notice of intent to protest is received by the Procurement Services Director, and accompanied by the required fee. :.as ,. e OY established Floridacase - A person or affiliate who has been placed on the convicted Vendor list following a conviction for a public entity crime map not submit a bid, proposal, or reply on a contract tc provide any goods or services to a public entity; may not submit a bid, proposal, or reply on a contract with a public entity for the construction or repair of a public building or public work; may not submit bids, proposals, or replies on leases of real property to a public entity; may not be awarded or perform work as a contractor, supplier, subcontractor, or vendor under a contract with any public entity; and may not transact business with any public entity in excess of the threshold amount provided in s. 287.017 for CATEGORY TWO for a period of 36 months following the date of being placed on the convicted Vendor list. 29. t The Contractor is required to comply with County Ordinance 2004-52, us amended. Background checks are valid for five (5) yeses and the Contractor shad be responsible for aR associaeed costs. If required, Contractor shall be responsible for the costs of providing background checks by the Collier County Facilities Management Division for all employees that shall provide services to the County under this Agreement This may include, but not be limited to, checking federal, state and local law enforcement records, including a state and FBI fingerprint check, credit reports, education, residence and employment verifications and other related records. Contractor .shall be required to maintain records on each employee and make them available to the County for at least four (4) years. 29.2 All of Contractor's employees and subcontractors must wear Collier County Government Identification badges at all times while performing services on County facilities and properties. Contractor ID badges are valid for one (1) year from the date of issuance and can be renewed each year at no cost to the Contractor during the time period in which their background check is valid, as discussed below. All technicians shall have on their shirts the name of the contractor's business. 293 The Contractor shall immediately notify the, Collier County Facilities Management Division via e-mail (DL� FMOPS@colliergov.net) whenever an employee assigned to Collier County separates from their employment. This notification is critical to ensure the continued security of Collier County facilities and systems. Failure to notify within four (4) horns of separation may result in a deduction of $500 per incident. 29.4 CCSO requires separate fingerprinting prior to work being performed in any of their locations. This will be coordinated upon award of the contract. If there are additional fees for this process, the vendor is responsible for all costs. 30, CONFLICT OF INTEREST Vendor shall complete the Conflict of Interest Affidavit included as an attachment to this ITN document. Disclosureof any potential or actual conflict of interest is subject to County staff review and does not in and of itself disqualify a firm from consideration. These disclosures are intended to identify and or preclude conflict of interest situations during contract selection and execution. 31. PROfi1BIT10N OF CIF'TS'I'O COUNTY EMPLOYEES No organization or individual shall offer or give, either directly or indirectly, any favor, gift, loan, fee, service or other item of value to any County employee, as set forth in Chapter 112, Part Ill, Florida Statutes, the current Collier County Ethics Ordinance and County Adminish a live Procedure 5311. Violation of this provision may result in one or more of the following consequences: a. Prohibition by the individual, firm, and/or any employee of the firm firm contact with County staff for a specified period of time; b. Prohibition by the individual and/or firm from doing business with the County for a specified period of time, including but not limited to: submitting bids, ITN, and/or quotes; and, c. immediate termination of any contract held by the individual and/or firm for cause. 32. IMMIGRATION LAW AFFIDAVIT CERTIFICATION 32.1 Statutes and executive orders require employers to abide by the immigration laws of the United States and to employ only individuals who are eligible to work in the United States., 32.2 The Employment Eligibility Verification System (F_-Verify) operated by the partnersDepartment of Homeland Security (DEIS) in hip with the Social Security Administration (SSA), provides an hnternet-based means of verifying employment eligibility of workers in the United States; it is not a substitute for any other employment eligibility verification requirements. The program will be used for Collier County formal Invitations to Bid (iTB) and Request for Proposals (ITN) including Request for Professional Services (ITN) and construction services. 323 Exceptions to the program: 32.3.1 Commodity based procurement where no services are provided. 32.3.2 Where the requirement for the affidavit is waived by the Board of County Commissioners 32.4 Vendors / Bidders are required to enroll in the E-Verify program, and provide acceptable evidence of their enrollment, at the time of the submission of the Vendor's/bidder's proposal. Acceptable evidence consists of a copy of the properly completed E-Verify Company Profile page or a copy of the fully executed E-Verify Memorandum of Understanding for the company. Vendors are also required to provide the Collier County Procurement Services Division an executed affidavit certifying they shall comply with the E-Verify Program. The affidavit is attached to the solicitation documents. If the Bidder/Vendor does not comply with providing the acceptable E-Verify evidence and the executed affidavit the bidder's / Vendor's proposal may be deemed non -responsive. 32.5 Additionally, Vendors shall require all subcontracted Vendors to use the E-Verify system for all purchases not covered under the "Exceptions to the program" clause above. 32.6 For additional information regarding the Employment Eligibility Verification System (E-Verify) program visit the following website: http://www.dhs.gov/E-Verify. It shall be the Vendor's responsibility to familiarize themselves with all rules and regulations governing this program. 32.7 Vendor acknowledges, and without exception or stipulation, any firm(s) receiving an award shall be fully responsible for complying with the provisions of the Immigration Reform and Control Act of 1986 as located at 8 U.S.C. 1324, et seq. and regulations relating thereto, as either may be amended and with the provisions contained within this affidavit. Failure by the awarded firm(s) to comply with the laws referenced herein or the provisions of this affidavit shall constitute a breach of the award agreement and the County shall have the discretion to unilaterally terminate said agreement immediately. Cen ' eafi n: I ce that I am in agreement, to the best of my knowledge, with the Instructions To Proposers above. n( ,�i.G� LlS� i� �fvBA< /✓tom/6N.60L/dfJGaRs��YL. Collier County Administrative Services Divsion Procu milett SeivICES Date: December 26, 2019 F,mad: viaiia.Giariinoustas@colliercouiityfl.gov Telephone: (239) 252-8375 Addendum 2 From: Viviana Giarimoustas, Procurement Strategist To: Interested Bidders Subject: Addendum # 2 Solicitation 20-7698 PUBLIC PRIVATE PARTNERSHIP (P3) - HOUSING AND LAND DEVELOPMENT COMPONENT AT THE FORMER GOLDEN GATE GOLF COURSE o fwfollowing clarifications are issued as an addendum ident Eying the following clarification to the scope of work, changes, deletions, or additions to the original solicitation document for the referenced Solicitation: Attachment A and Appendix B have been added below. If you require additional infot�naiion, please post a question on our Bid Sync (www:bidsync.com) bidding platform under the solicitation for this project. Please sign below and retwn a copy of this Addendum with yomsubmittal for the above referenced solicitation. Date COMMUNITY FOUNDATiONI OF COLLIER COUN-1 Y 20ry-202U Board of Trustees Executive Committee Jerry Tostrud Chair November 12, 2019 James F. Morey Chair -Elect To Whom It May Concern: R. Robert Funderburg Secretary Community Foundation of Collier County is accepting g proposals for ag10 million George Abounader dollar donation towards an affordable housing project in Collier County. Treasurer The project must include at least 350 units, 150 of those units must serve Mary Lynn Myers seniors and veterans and 200 units must be for essential employees- police, Immediate Past chair teachers. nurses, Fire Fighters and EMT's that serve Collier County. Rents must be below market value. Aiken -O'Neill Aiken-O'Ne Todd Bradley Organizations applying for these dollars must be a 501(c)(3) with at least 5-7 Tod Jorge Gamine Years of experience in affordable housing in Florida and must be willing to own/lease and manage the property for the life of the buildings. John M. costigan You can contact: The President/CEO of the Community Foundation of Collier Brad A. Galbraith County to discuss Your project. Mary Beth Johns Lynn Martin Sincere) , Marsha Murphy John K. Paul /- J _.c+u Allyn Richards Eileen Connolly- Keesler Bradley G. Rigor President/CEO Michael J. Schroeder David Watson Myra Williams Eileen Connolly-Keesler PresidenFJCEO www.dmllier.org t 110 Pine Ridge Road Suite 200 Maples, Ft 34100 Phone: 239449-5000 Fax: 239-6494337 Our mission: working with donors, we inspire ideos, ignite action, and mobilize resources to address community needs in Collier County. OF FL A a III AT F(OA I �. . . IF LAI �TRULL b FPL AT h° TRACT AI � -, D , G� ,, C aUT.00FH�.,, , f FRACT k MATCH �,AC� ETAGE4 PAR OWE HSLIFORNERE IF ATION FIC IGP FR,=ML. i i j �o w (PLOT FOUR 0 M UNIT 8 PART 2 PAGES We A THROUGH 112) PAP UHIa, _. L IT — MA, TRACT 'A' 01 UNT 8 PART S IS TB W\12 y L- -- -- _ ,FcA zrzP _.. FIT — a i FFr�v .,,f3t1Lier (,.. a:Stl my Email: �Aammi tanve Services Division Viviana.Giariinoustas(�col Iiercountyfl.gov Pmc,jroment Services Telephone: (239) 252-8375 Addendum 3 Date: January 3, 20120 Froni: VivianaGiarimoustas,PiocurementStrategist 'I'o: Interested ]3idders Subject: Addendum 3 Solicitation # 20-7698 PUBLIC PR[VATE PARTNERSHIP (M) - HOUSING AND LAND DEVELOPMENT COMPONENT AT THE FORMER GOLDEN GATE GOLF COURSE The following cla ifications are issued as an addendwn identifying the following clarification to the scope of work, changes, deletions, or additions to the original solicitation document for the referenced solicitation: this solicitation is being extended to Tuesday, .ianuary 28, 202Q, 3:00 PM EST 2. Please see Ute following clarifications in response to inquiries received regarding Solicitation #{20- 7698, for a P3 housing and land development component at the former Golden Gate Golf Course. Some interested proposers have asked for clarification regarding rental rates and income requirements and what the County is seeking to develop. The County is seeking to provide rent limited rental units, where renter qualifications maybe based on occupation and income but where income is not a final limiting factor. It is conceivable that rental units while being rented at a rate equivalent to 80% Area Median Income (AMI) and its occupants have an income above 100% AML In the responses to this solicitation proposers should demonstrate that they have the capability, vision, and flexibility to work with the County and the Community Foundation to develop, manage, and maintain this project. These responses should remain high-level demonstrations that exhibit the firm's capabilities, project specific details will be identified through a consulting phase with input from the County, Community Foundation, and selected firm. The selected proposer will begin a two-step process. In the first step (consulting and business plan development phase), the firm will enter into an exclusive partner contract with County to refine their proposal by working with the County to go through the zoning process, define the land to be set aside, create preliminary site plans, and develop a final business plan. The plan will solidify the rental rates, criteria for qualifying, and finalize the ownership and management terms. In this phase the selected firm will be at the table with the County, the Community Foundation, and the engineering/planning firm as a partner. Upon completion of the business plan, the selected firm would work with the County to finalize the contract for the project. Step two (construction, management, and ownership phase) would bring a detailed contract to the Board with specific terms and conditions along with the corrnitted financial support of the Community Foundation. ] Ile following clarification points should provide clarification regarding the solicitation. With if the introduction the second paragraph includes the following sentence: In addition, the OFFEROR must produce a product that will be affordable to households railing between 3 0-80 % of Area Median Income. This should be: ® In addition the OFFEROR tint -should produce a pioducttl,„ ° :�� ems} I tilt eni al rate_ between 30-80% of Area Median Income (ex: 20I9 mat i ents — one hedtoom S F.l7 a trio bedroom $ l.4I0. three b edi oom $lI if regard to the Detailed Scope of Wmk, subsection 2: The following correction to the following sentence: For example, those proposals offering a variety of unit types and orae+»e rental levels containing all the uses listed may rate higher than a proposal with only some of the uses. a 'rile County is not seeking to develop a low-income housing development but to provide affordable housing for essential services employees in the County ® A minimum of 10% of units should be set aside for seniors, veterans, considerations for these individuals with special needs will be viewed favorably. ® A majority of the units will be reserved for Essential Services employees and their families: o Teachers o firefighters o sheriffs officers o nurses o EMTs o etc. a Proposers that present target rental rates between that are euuivaleut to between 30-80% of Area median income are preferred Proposals with rental rates exceeding 80% of area median income should provide justification for the proposed rates (ex: 2019 mar rents = one bedroom $1,175, two bedroom $1,410, three bedrooms $1,629) a State or Federal funding is not required in order to submit a proposal but may be sought by proposers a Income based criteria for renters is only applicable to the extent that may be required if State or Federal funding is obtained, otherwise renters are not required to meet income thresholds Within the Scoring Criteria for Ranking Proposals section, Evaluation Criteria No. 2, subsection 3: a The third bullet point is mistyped it should be split into separate bullet points as laid out in the Detailed Scope of Work Section o Define project set -asides at least 10% for seniors, veterans, considerations for these individuals with special needs will be viewed favorably. essential employees and their families such as: teachers, fire fighters, sheriffs officers, nurses, and EMTs, etc. If you require additional information, please post a question on our Bid Sync www.bids 'nccom) bidding platform under the solicitation for this project. Please sign below and return a copy of this Addendum with your submittal for the above referenced solicitation_i Date — o (Name of Firm) C'Ae r county Administrative SeNces Division Dutc: January 10, �020 Email: evelyn.colon@colIiercountyfl.gov Telephone:(239)252-2667 Addendum 9 From: Evelyn Colon, Procurement Strategist To: Interested Bidders Subject: Addendum # 4 Solicitation #and Tide 20-7698 PUBLIC PRIVATE PARTNERSHIP (P3) - HOUSING AND LAND DEVELOPMENT COMPONENTAT THE FORMER GOLDEN GATE GOLF COURSE The following clarifications are issued as an addendum identifying the following clarification to the scope of work, changes, deletions, or additions to the original solicitation document for the referenced so I icitation: Change I .Removing the original copy of the solicitation. Addendum 1 provided a revised version. Ifyou require additional information please post a question on our Bid Sync (�+��:--_hidsvnccont) bidding platform under the solicitation for this project. Please sign below anti return a copy of this Addendum tri[h your submittal for the above referenced solicitatiop. I /27/2020 Rural Neighborhoods, Incorporated (Name of Finn) Coley CouYity Email: evelyn.colon@colliercountyFl.gov Admin'stmMServresDnision Telephone: (239) 252-2667 k',ocauemen SeNh; Addcudum 5 Date; January I5, 2020 From: Evelyn Colon, Procurement Strategist To: Interested Bidders Subject: Addendum #! 5 Solicitation H and Title 20-7698 HOUSING AND LAND DEVELOPMENT COMPONENT AT THE FORMER GOLDEN GATE GOLF COURSE The following clarifications are issued as an addendum identifying the following clarification to the scope oftvork, changes, deletions, or additions to the original solicitation document for the referenced solicitation: Change 1. Changes the title on this project and removes the "Public Private Partnership" reference throughout the solicitation document. A revised solicitation is being provided. Ifyou require additional information please post a question on our Bid Sync (��gw.hidsz'nc•com) bidding platfom1 under [he solicitation for this project. Please sign below and return a copy of this Addendum with your submittal for the above referenced solicitation. 1 /27/2020 Date Rural Neighborhoods. Incorporated (Name of Firm) 0 0 oil d en G,a�te G,o Ilf C,ou rise 10 �7-4 Cbllier,Count Board o Gol �Wddress: 3295 Tamiami Trail East P Building C-2 S 260resi,R 34112 Invitation to Negotiate on 20-7698 Table of Contents Cover Letter Business Plan &Approach Support of Community Objectives Past and Present Experience of the Firm Financial Capacity of the Firm Qualifications & Specialized Expertise of Team Local Vendor Preference � , _ .� � ' ;� � '•+API/Y�Au __Y• ``'tip � . . fit NAP][ ES V , Y. h• lx 1.. e r I. A�- r l r. } r �• l ;,�• � � _ �. 9f �55c�� `ail.. �P_�iti��%.I �b.� l,• �' y \ r . y' }` • R* �fr' ` : yam'• �..,;: F — j � icy _ � ;�� ;, �� — � �g•�� r` 14 � v '� _� IL January 28, 2020 Swainson Hall Procurement Manager - Acquisitions Procurement Services Division Collier County Government 3295 Tamiami Trail Naples, Florida 34112 RE: Letter of Interest - Collier County Solicitation #20-7698 Dear Mr. Hall: We are submitting this letter along with accompanying information regarding the partners of a joint venture between The JHM Group of Companies ("JHM"), Richman Group of Companies ("Richman") and Habitat for Humanity of Collier County ("Habi- tat"). These organizations have formed JHM/RHD Naples, LLC ("JHM/RHD-Naples"), specifically for the purpose of responding to the Invitation to Negotiate that your office posted on December 17, 2019. This response focuses on developing a model for state-of-the-art affordable housing that will provide the greatest impact for improving the quality of life for the people of Col- lier County. As a team our strengths are unparalleled. Each of our firms has a demonstrated track record of success in working together with communities and those communities' stakeholders to define, plan, implement and manage their goals and objectives to create sustainable, affordable -housing programs that meet the needs of their residents. Each of the partners has a long-term relationship with Collier County. Since 1978, Habitat has been providing affordable housing for the residents of Collier County. The Richman Group of Companies has owned and operated affordable -rental housing in Collier County since 1990 and John McClutchy, of The JHM Group, has been a property owner since 2006. Each of the partners has witnessed the employment and population growth the county has experienced as well as the pressure that growth has put on the need for affordable housing. JHM/RHD is the team that will provide solutions to meet this growing demand and do so in a manner that reflects the charac- ter and values of the people of Collier County. JHM and RHD are two of the country's most well-known and well -respected developers of affordable/mixed-income housing. The two principals of the companies, John H. McClutchy Jr. and Richard P. Richman have been working together developing multifamily housing throughout the United States since 1977. Together, they and their affiliates have developed and financed in -excess -of 150,000 housing units. In addition, each company is a full -service real estate company that is directly involved in all aspects of real estate development, including site selection and acquisition, the land -use approval process, design, construc- tion and property management, as well as the utilization of state-of-the-art debt and equity structures. A Richman affiliate is one of the five largest financiers and equity providers of affordable housing developments and one of its latest ventures specifically focuses on addressing the need for more workforce housing in communities throughout the country. It is impor- tant to note here that RHD is presently converting a golf course in Boca Raton into a rental -housing development. This 55-acre property, when completed will contain 446 units of rental housing. Its experience with the Boca property will ensure that the JHM/RHD Naples team is ready to move forward at Golden Gate immediately upon selection. The partnership is a unique joint venture that combines two for -profit organizations with one of the country's most respected not -for -profits, Habitat for Humanity. Habitat is part of a global, non-profit housing organization that is dedicated to elimi- nating substandard housing by providing quality affordable housing worldwide. As with Habitat, the principals of both JHM and RHD have spent their careers responding to the need for affordable housing in communities throughout the United States. Habitat for Humanity International has helped build, renovate, and repair more than 600,000 homes sheltering more than 3 million people worldwide. Locally, Habitat for Humanity of Collier County has been serving families since 1978, it has built more than 2,000 homes to date. A small, professional staff manages the general programs with assistance from a Board of Directors made up of women and men in Collier County who volunteer their time to Habitat. Habitat's local presence and connection to the community make them an ideal fit for the implementation of workforce housing for the county's essential service employees including its seniors, veterans and disabled. This is an opportunity for Habitat to gain additional experience in working to enhance its efforts by addressing the need for affordable housing through a rental -housing model. JHM/RHD-Naples is excited about the possibility of working together with the Collier County Board of Commissioners ("Board") to produce the much -needed affordable housing necessary to meet the continually growing demand in Southwest Florida. We have reviewed the site that the County is proposing and find it to be both well located and very suitable for the development of workforce housing. We are confident that we would be successful in working together with the Board in an open and transparent process to create a public -private partnership to develop quality housing that would be attractive to the county's diverse population of essential service workers, many of whom are currently burdened by high housing costs and/or long commutes. As business owners and operators in the Collier County community we have first-hand knowledge of the difficulties of finding quality, affordable housing in close proximity to employment opportunities. Throughout this process JHM/RHD-Naples would be responsible for identifying and reaching out to local stakeholders to ensure all parties have an opportunity to participate and have a voice in the development process. Collier County has identified significant need for new, affordable workforce housing, most specifically, the need for this hous- ing by its essential service workers and their families. JHM/RHD-Naples is confident that it is the partner that can best work together with the Board and local stakeholders to address this issue. We are comfortable that we can work together with the county to develop and implement strategies that will begin the process of meeting its affordable housing needs for essential service employees including its fire fighters, police officers, EMTs and teachers, as well as, its seniors, veterans and those with special needs. The partners of JHM/RHD-Naples have significant, long-term experience in all aspects of multifamily -housing finance, includ- ing the use of tax-exempt bonds, Low Income Housing Tax Credits, Florida Housing Finance Corporation programs such as SAIL, and all HUD, Fannie Mae, Freddie Mac, as well as, conventional finance programs. Most importantly, its long-term experi- ence in working with communities throughout the United States to determine which of these programs best suits the individual needs of each community, will serve Collier County best by having its leaders participate throughout the process. This process will assure that the final financial model will be developed using local input in an open and transparent manner. Its principals' long-term success in these programs, coupled with strong relationships with the nation's largest lenders and equity providers ensures that its developments utilize the most sophisticated, state-of-the-art financial structures, which receive the most com- petitive interest rates and the highest equity prices. The principals of JHM/RHD-Naples presently own and operate over 11,500 units throughout the State of Florida and have corporate offices in both Tampa and West Palm Beach as well as satellite offices throughout the State, including three existing rental communities in Collier County, as well as one that will is currently under construction and soon to be occupied. The team of real-estate professionals at JHM/RHD-Naples looks forward to working together with the Collier County Board of Commissioners to develop quality, sustainable, affordable, multifamily, rental -housing communities that serve the essential service workers of the county. This is an exciting process that will truly enhance the entire community. Please feel free to contact us at any time if you have any questions or require any additional information. Contact information for the authorized officer is provided below: Todd D. McClutchy, President JHM Group of Companies 1266 East Main Street, Suite 601 Stamford, CT 06902 Telephone: 203-595-5172 E-mail: todd@groupjhm.com Sincerely, Todd D. McClutchy Business Plan and Approach Project Scope Timeline Site Specific Criteria 0 R •Zr'. Mc •4- 1 �iti ` 1` �. tT� ry yhl - � - `TY� J 1 T'M1J �. .. �` 1 +IYt� ly ♦ Y� tl Y - ,tax3 L � �'i G.h � ti r Y�: i j� ; .•++r4 w�'' � �� - - - iE� 1�� ..� .pz�� Y'+r � � 1`.• �^��.� 7{"ac'�.if- •,fir � s,- .. ti -M'._. a •. •••1 Y Y V �.•,. .. � -..- `- - �` - .. -•` Y, . •• ' - r ' , • ~ ..•�. Business Plan &Approach (25 Total Points) a Project Scope The proposal should provide a written description of the project, accompanied by a conceptual site plan show- ing proposed building(s), parking areas and how the development will interface with the surrounding areas. In addition, proposed unit type (single family, multi -family, rental or for purchase) and dwelling size (1, 2, 3, or more bedrooms) should be provided along with any planned amenities. Description of the Project: At this time, subject to consultation with the Department and confirmation through a market study, we tenta- tively propose a multi -family rental development that will include a mix of 1, 2, and 3-bedroom units. The pro- posed mix is 140 one -bedroom units, 150 two -bedroom units, and 70 three -bedroom units in three, three-story walk-up buildings of which there will be two different building types. 210 units will be reserved for essential services and their families, and 150 units will be reserved for the elderly and veterans. Apartments will be priced to be affordable to a diverse range of incomes up to 80% of AMI, with extremely low-income unit's set -aside for the elderly and residents with special needs. The property will also include a clubhouse with on -site management office and resident amenities, which will likely include a fitness center, club room, computer lab, and business center. Residents will further enjoy outdoor community space, such as a pool, seating and gathering areas, a tot lot, and car detailing facilities. There will also be medical amenities planned for our residents to enjoy, including the proposed veterans nursing home. The development team will look to partner with local health and medical providers to provide services to residents once we have a more thorough understanding of the resident and stakeholder needs. We're commit- ted to serving our residents with a comprehensive array of programs and services to improve their health and well-being. The team has vast experience in creating exciting and desirable homes at all income -levels. Residents will proud- ly call this community home and it will showcase what affordable housing can and should be —a place residents can enjoy safely and call home proudly. Habitat for Humanity JHM/RHD Naples Response to �►� r , A - — Golden Gate Invitation to Negotiate Business Plan &Approach (25 Total Points) Please find our conceptual site plan on the following page. *Habitat for Humanity JHM/RHD Naples Response to Golden Gate Invitation to Negotiate I 0 Q LLJ U C13 �I �I f ' 0 0 -1 AF E UI ok- (1 U3 Y 0 0 L m / � � F v� c L r� C 11 Ill fl o " m 0 a 0 L C� J 4 WAWW 4 W�. Q All, Ln Y r -- S +• Q Q Q N I n rni I IFR rni INITY FI C SITE AREA: ±20.16 ACRES PF?(1P(1Cp-n I II\IITC• - RRn I II\IITC J 0 PARKING SPACES PROVIDED: 730 SPACES 0 J U t Y N L cn -f7 CONCEPTUAL SKETCH "A" 01/27/2020 - CONTACT BROOKS A. STICKLER, P.E. (407) 427-1677 A �l NOTE: THIS IS A PRELIMINARY SITE PLAN ONLY. AS CI IrW IC CI IP.IP-rT T(1 PP( -I II AT(1PY PF-WIF-W 1.JV VI 1 11.0 �. %- LJ VLV 1 I V 1 \L V V L/1 I V I \ I 1 \L Y I L tt AND PERMIT CONSIDERATION. GRAPHIC SCALE IN FEET 0 30 60 120 = 0 ❑1 3 Q w w U m 0 v C7 / Q 7 U C U N Y m / cp C m s L z N O N [A a a aL I 5 I J Q' O Y 0 LC3 O Q Q N O N 0 N T L 0 c ❑ J J a fr w O 0 J U t L a� m 0 1w. �Z- 7 _ u « i! �• ►, ; . P' - • V 4 {� r OW r,' e � IL X p • • + /r r ./ . �1-1 1 f 4A, I "', 1`•rLr �� i y i� mi I I F R mi I N TY F I SITE AREA: PRnPnCFn IINITC- I I% V! 1 1-1 1-! ` L 1 V I. I I 1-!. PARKING SPACES PROVIDED: ZOE 1E, IL AC low 44 Ab iI r ♦ ■ ti r - - - 3 _1 { m OWL 40 ' L I.. EkKW fp Ii ! It 401 ■ _ ■ t- '40 ofto 4 Tj 14 �� + .■aw ' + },' T r� rr� wry iis LA tT 4 of 49 .:416 46 do IF IN ke I r ' I AKFW OWE a 0 do 40 • IR � .may t. s — -•L me wpw rr:T �• r� ��r -ram• 3 AF � C- - _• 's• L-0 Wp It/ • �: 'fC•� .� p r_ mow'-Tt`-- -iarm- op • -IMF - ' -.ter ►. 1 00 • ;, . r ", _ x _ r � p � +r , •� +� �..•. r„� .- - r s s � '1 ' • � . ' �1�-a ap - + Klp : M `► r t Al IL Ah ±20.16 ACRES ��n i i�i1Tc -!R V \J 1 l 1 1 V 730 SPACES ft ATE CONCEPTUAL SKETCH "A" - OVERALL PLAN mm-COLLIER COCL 01/27/2020 - CONTACT BROOKS A. STICKLER, P.E. (407) 427-1677 NOTE: THIS IS A PRELIMINARY SITE PLAN ONLY. AS CI IrW IC CI IR.IP-r`T T(1 PP(_I II ATr)PY PP-\/IP-\A/ �.JV VI 1, 1-0 �.JV I..J VLV 1 1 V 1 %L— .JV L—" I V I % I I \L 1/ 1 L_ tt AND PERMIT CONSIDERATION. GRAPHIC SCALE IN FEET Kiom ev))) Horn Business Plan &Approach (25 Total Points) Timeline: The proposal must clearly identify approximate milestones that will be included in the land acquisition and development agreement such as the due diligence period, site development, building permits, construction and through to the Certificate of Occupancy. Below please find a timeline detailing approximate milestones, based on our team's extensive experience with the due diligence, zoning, and construction processes. Development Milestone Duration (In Days) Date Proposal Submission 0 1/28/2020 Anticipated Proposal Award 60 3/28/2020 Site Analysis and Due Diligence 60 5/27/2020 Finalization of Development Agreement 75 6/11/2020 Site and Design Milestone Duration (In Days) Date Conceptual Design 60 8/10/2020 Zoning Approval 180 1/7/2021 Financing Application Submis- sion 0 11/1/2020 Financing Award 120 3/1/2021 Environmental and Engineering 90 5/30/2021 Construction Documentation (90%) 120 6/29/2021 Construction Bidding 45 6/14/2021 Construction Documentation (100%) 150 7/29/2021 Building Permit Issuance 90 9/12/2021 Habitat for Humanity JHM/RHD Naples Response to .� — Golden Gate Invitation to Negotiate Business Plan &Approach (25 Total Points) Timeline: The proposal must clearly identify approximate milestones that will be included in the land acquisition and development agreement such as the due diligence period, site development, building permits, construction and through to the Certificate of Occupancy. Below please find a timeline detailing approximate milestones, based on our team's extensive experience with the due diligence, zoning, and construction processes. Milestone Duration (In Days) Date Financial Closing / Due Dili- gence 30 10/12/2021 Construction Commencement 0 10/12/2021 Construction Completion / CO 720 10/2/2023 Lease up & Breakeven 120 1/30/2024 Stabilized Year 2024 *Habitat for Humanity JHM/RHD Naples Response to Golden Gate Invitation to Negotiate Business Plan &Approach (25 Total Points) Site Specific Criteria: Upon approval of moving forward with this ITN the Board of County Commissioners agreed the following crite- ria should be mandated in the development of the project. In preparation of this proposal it is important the following criteria is included for consideration: • Quantify desired density • Identify all dwelling types and if more than one type is proposed provide unit type ratios. • Define project set -asides of more than lo% for seniors, veterans, essential employees and their families such as: teachers, fire fighters, sheriff's officers, nurses, and EMTs, etc. • Identify methods that would be used to verify occupational requirements • Define the proposed building height, setbacks, and other compatibility features that will work with the community. The proposed plan is for a 360-unit multifamily rental community. The plan includes a mix of one, two, and three -bedroom apartment homes. The proposed mix is listed in the chart below and is intended to be affordable at a wide range of income levels. However, this is only a projection and is subject to change pursuant to findings of market analysis and conversations with the Board and Department. We will work with the Board and Department on implementing a unit mix that will best accommodate the needs of the prospective residents and stakeholders. Unit Type I Number of Units 1 Bedroom, 1 Bath 140 2 Bedroom, 2 Bath 150 3 Bedroom, 2 Bath TOTAL 70 1360 As requested in Addendum 2, 150 of the proposed 360 units will serve seniors and veterans. The re- maining units will be reserved entirely for essential services and their families. Essential services include but are not limited to: teachers, fire fighters, sheriff's officers, nurses and EMTs. All 360 units will be priced to be affordable to those in the 30%-80% brackets. Occupational requirements will be verified by tenants providing a recent paystub from an appropriate employer as well as follow up calls and correspondence with the employer to verify employment. The proposed height, setbacks, and compatibility features will be in the context of the property and its neighbors to find appropriate building heights that will be compatible with the surrounding areas. They will be similar in size to other community development projects the development team has built in Col- lier County and elsewhere in Florida. These features need to be developed in context with local zoning, stakeholder and community feedback. Habitat for Humanity JHM/RHD Naples Response to .� — Golden Gate Invitation to Negotiate Business Plan &Approach (25 Total Points) 2.4 Any Additional Information This page was left intentionally blank. *Habitat for Humanity JHM/RHD Naples Response to Golden Gate Invitation to Negotiate Support of Community Objectives Support of Community Objectives IL (15 Total Points) ]a Support of Community Objectives: OFFEROR shall provide information to how the planned approach will be compatible with the neighbors of the property and compliment the County's redevelopment goals of Golden Gate City and the Community Housing Plan. The OFFEROR should describe and illustrate how the development would generally benefit the commu- nity, surrounding areas and the County as a whole. Include as many conceptual visuals as possible such as site plans, renderings, and elevations, as applicable. In addition, please provide a description of how the proposed project meets the housing affordability needs per the Collier County Community Housing Plan. The Collier County Community Housing Plan, dated October 24, 2017, clearly identifies significant need for new, affordable housing and states the County's interest in being directly involved in meeting that need. JHM/RHD-Naples is confident that it is the partner that can best work together with the Board of Commissioners and local stakeholders to address this issue. In anticipation of this our staff has reached out to major local employers to discuss their needs. Through these conversations we have deter- mined that, provided with a long-term, sustainable strategy to address their employees' housing needs, these employers may be willing to take a position in this process and make significant investments in appropriate housing development structures. We are comfortable that we can work together with the County to develop and implement strategies that will begin the process of meeting its affordable housing needs for all segments of its population, including workforce families, in addition to seniors, veterans and those with special needs. ;DIY Habitat for Humanity —1-1 JHM/RHD Naples Response to ��n� i„� r Golden Gate Invitation to Negotiate Support of Community Objectives (15 Total Points) This project will benefit the entirety of the Collier County community, including both households and businesses. These 360 proposed apart- ment homes will provide affordable homes to individuals and families otherwise priced -out of or severely cost -burdened by living in Col- lier County and will allow them to both give and work in Collier County, where they will con- tribute to the local tax base and spend dollars at local businesses The essential households whom call this new community home will benefit from spending less time commuting and more time enjoying local amenities, frequenting nearby businesses and spending time with their families. House- holds living and working in Collier County will also reduce their automobile emissions and help the County in its goal of reducing traffic congestion, particularly from commuters whom live outside of Collier. These new homes will help Collier County move toward its goals of better meeting the needs of the nearly 60,000 cost -burdened households in Collier, of which half are spending 50% or more of their income on housing -related costs. This project will provide homes for many of these families and move Collier County in the direction of reducing traffic, increasing tax revenue and shrinking employee at- trition for the organizations that provide the most essential services, by providing homes for the work- ing people. Additionally, this thoughtfully designed community will help change perceptions of what afford- able housing is and can be and demonstrate how it adds value to all communities. This project will also be a shining example of how an affordable, multi -family development can be seamlessly knit into the fabric of a community known largely for low density, single-family homes and add much -needed diversity with regard to size, tenure, location and price point to Collier's landscape, which will serve to accurately reflect the diverse demography of the County and the population's housing needs. A project like this has the power to transform public perception and open the door to future developments like this, which will ultimately meet the needs to 40% of Collier's population, whom are currently priced out of the housing market. On the following pages please find sample elevations and sample unit layouts. I�7 *Habitat for Humanity JHM/RHD Naples Response to � -J��n�i-� J; - Golden Gate Invitation to Negotiate i-F Support of Community Objectives (15 Total Points) Elevations and Renderings; Please see below for sample elevations. * Habitat for Humani JHM/RHD Naples Response to Golden Gate Invitation to Negotiate Support of Community Objectives (15 Total Points) Floor Plans: Please see below for sample unit layouts. 2 Bedroom/2 Bat' - KITCHEN 97' x 14'ES" DW BATH 00 CLOSET LIVING ROOM t2'8" x 17'8 112" BALCONY 6" x 13'112" BEDROOM 12'3 112" x 11'8" BATH CLOSET BEDROOM 12'8 x 12' 1 Bedroom/1 Bath 12 Habitat for Humanity' ! U JHM/RHD Naples Response to _J - Golden Gate Invitation to Negotiate 'i �F.T:T: ■ J7c TO:F Alk Is Am Past and Present Experience of the Firm (20 Total Points) Lmiz A� � Past and Pmr�cilL Expert,...,., if the Firm: In this tab, include but not limited to: • Provide information that documents your firm's qualifications to produce the required deliverables, including abilities, capacity, skill, and financial strength and number of years of experience in providing the required services. • Describe the various team members' successful experience in working with one another on previous projects. • Provide information that documents your firm's experience working with other communities and Community Foundations Tnnr" 1Pvnnrinnre- JHM/RHD Naples, LLC has been formed to ensure the successful development of the former Gold- en Gate Golf Course into an affordable housing community for Collier County's essential service workers. Our team's principals have a long his- tory of working throughout Florida, including in Collier County, to develop transformative afford- able housing. JHM/RHD Naples is comprised of three principal entities: Richman Housing Devel- opment, LLC., a member of The Richman Group of Companies, JHM Financial Group, LLC and Habitat for Humanity of Collier County. Ourteam's members have developed, constructed, and/or financed over .j%J,uuu Enousanc, rousing t wt%;k arP in in- cluding over 2,000 in Collier County; they are pres- ently managing approximately 30,000 units. The members have significant experience in the devel- opment, construction, finance asset management and property management of residential housing, but most importantly they are well experienced in doing so in affordable housing in and around Col- lier County. TRG and JHM are nationally recog- nized as quality developers of affordable housing have a 40-year history of developing and man- aging quality affordable housing in Florida; they have worked together developing real estate in since 1973 and, since 1978, Habitat for Humanity has developed over 2,000 units in Collier County. Combined the principals of JHM/RHD Naples have been responsible for the development of over 150,000 units with a value of $10 w.. lion THE I N IC, 1� M A f`� .� F Habitat for Humanity bRjilT ' DORP Habitat for Humanity of Collier County is a key member of the JHM/RHD Naples development team. Habitat for Humanity of Collier County is one of the oldest and most successful Habitat Af- filiates in the nation. With decades of experience in the local community, Habitat will be the boots on the ground for local community outreach and support. CEO Lisa Lefkow and President Nick Kou- loheras have a combined 38 years within the or- ganization and help allocate over $10 million in funds raised by Habitat every year to affordably house families in need. Habitat for Humanity' JHM/RHD Naples Response to Golden Gate Invitation to Negotiate Past and Present Experience of the Firm (20 Total Points) In addition to the team's professional qualifica- tions in real estate and housing development and construction and finance, its members have a long history of working together in a collaborative, open and transparent process with all stakehold- ers of the communities in which they work. They are, individually and collectively, well experienced in working together with resident groups, neigh- bors and community groups in the development and implementation of job training, outreach and AA/EEO programs to ensure that all stakeholders share in the economic benefits of their develop- ments. Along with their contractors and sub -con- sultants the partners will diligently perform out- reach and engage neighbors in well -run training programs to provide job and business opportuni- ties for all. Throughout nearly 40 year, of working together the process of community -wide participation has been a hallmark of their success; during this time they have proven their dedication to working with communities and community foundations to meet their objectives in an open and collaborative man- ner that ensures community -wide fulfillment of mutual goals. The JHM/RHD partners look for- ward to working together with the Collier County community as we embark on a journey to address the affordable housing needs of Collier County and its essential services' personnel. THE I N I C H M A N � Habitat for Humanity �ROUI> DEVELOPMENT CORP Furthermore, the JHM/RHD team strongly be- lieves that quality property and asset manage- ment is critical to maintaining sustainable, high performing affordable -housing developments in the long term and, most importantly, in provid- ing a positive, safe and healthy environment for its residents. This ensures the continued preservation of the integrity of its property in a manner that respects the entire community. jai n.. � A. J The goal is to develop and maintain resident satisfaction, while ensuring the long-term finan- cial and physical well-being of the community through high -quality management services. Rich- man Property Services, Inc. ("RPS"), a subsidiary of The Richman Group, is a full -service proper- ty -management firm that offers a robust menu of support, JHM/RHD will provide "Best in Class" management through dedicated staff commit- ted to exceeding the needs and expectations of residents and stakeholders. RPS currently man- ages nearly 13,000 apartment homes in the state of Florida. JHM/RHD Naples Response to Golden Gate Invitation to Negotiate Past and Present Experience of the Firm (20 Total Points) Not only is the JHM/RHD Naples team extremely experienced in all facets of the real estate pro- cess, we also have extensive experience working with communities and community foundations to reach our reciprocal goals. Locally, Habitat for Humanity of Collier County has been an active partner with the Community Foundation of Collier County. As a grant recipi- ent of innumerable donor advised funds, Habitat for Humanity has a long-standing track record of being the leading provider of access to afford- able homeownership in this community. With a growing awareness of the great need for homes for members of our service industry, the work of Habitat Collier has become even more crucial. In a recent Community Assessment conducted by the Richard M. Schulze Foundation and CFCC, lack of affordable housing was scored among the highest concerns. In 2017, Hurricane Irma left thousands of homes damaged by her category 4 force winds. Community Foundation channeled significant funding into Habitat Collier to repair and replace more than 500 roofs as well as for the construction of homes and relocation of families whose homes were completely destroyed by the storm. Since 1978 Habitat Collier has been the leader of providing affordable housing in Collier County. With over 2,200 built or rehabbed homes, HFHCC has the experience, local knowledge and financial strength to work on projects large and small. HF- HCC has worked on acquiring, entitling, develop- ing and constructing many communities in Collier County and below are just a few: * Legacy Lakes: 55 single family homes, total proj- ect cost 10.1 million. * Regal Acres: 184 split villas, total project cost 27 million. * Faith Landing: 166 split villas, total project cost 30 million. * Dockside: 44 condos, total project cost 11 mil- lion. * Kaicasa: 280 town homes, total project cost 52 million. (under development) On the proceeding pages, please find references from numerous colleagues whom have worked with us in the past and present. THE IN�_J JHM/RHD Naples Response to IL }� M /�N � Habitat for Humanity ROU I, .� n� i , Golden Gate Invitation to Negotiate DEVELOPMENT CORP c0187 cOkMty Administratrue Services Department P=urement Services Division Reference Questionnaire Solicitation: 20-7698 Reference Questionnaire for: Housing and Land Development Component at the Former Golden Gate Golf Course (Name of Company Requesting Reference Information) Habitat for Humanity of Collier County, Inc. (Name of Individuals Requesting Reference Information) Name:Jared Brown Company:Johnson Engineering, Inc. (Evaluator completing reference questionnaire) (Evaluator's Company completing reference) Email: FAX: 239-434-9320 239-434-0333 Collier County has implemented a process that collects reference information on firms and their key personnel to be used in the selection of firms to perform this project. The Name of the Company listed in the Subject above has listed you as a client for which they have previously performed work. Please complete the survey. Please rate each criteria to the best of your knowledge on a scale of 1 to 10, with 10 representing that you were very satisifed (and would hire the firm/individual again) and 1 representing that you were very unsatisfied (and would never hire the firm/indivdival again). If you do not have sufficient knowledge of past performance in a particular area, leave it blank and the item or form will be scored "0." Project Description: Faith Landing Project Budget: 30,000,000 Completion Date: 6/30/2019 Project Number of Days: 720 Item Citeria Score 1 Ability to manage the project costs (minimize change orders to scope). 10 2 Ability to maintain project schedule (complete on -time or early). 10 3 Quality of work. 10 4 Quality of consultative advice provided on the project. 10 5 Professionalism and ability to manage personnel. 10 6 Project administration (completed documents, final invoice, final product turnover; invoices; manuals or going forward documentation, etc.) 10 7 Ability to verbally communicate and document information clearly and succinctly. 10 8 Abiltity to manage risks and unexpected project circumstances. 10 9 Ability to follow contract documents, policies, procedures, rules, regulations, etc. 10 10 Overall comfort level with hiring the company in the future (customer satisfaction). 10 TOTAL SCORE OF ALL ITEMS 100 CA7 C cm= �V Adml,E�YaDMaSovpxs D rh PnxAme"im SmvxmsDfmpw Reference Questionnaire Solicitation: 20-7698 Reference Questionnaire for: Grand Reserve (Name of Company Requesting Reference Information) The Richman Group, Inc. (Name of Individuals Requesting Reference Information) Mac Ross, Esq. Name: Jeffrey Chue Company: Forum Architecture (Evaluator completing reference questionnaire) (Evaluator's Company completing reference) Email: jchuekforumarchitecture.com FAX: Telephone: 407-830-1400 Collier County has implemented a process that collects reference information on firms and their key personnel to be used in the selection of firms to perform this project. The Name of the Company listed in the Subject above has listed you as a client for which they have previously performed work. Please complete the survey. Please rate each criteria to the best of your knowledge on a scale of 1 to 10, with 10 representing that you were very satisfied (and would hire the firm/individual again) and 1 representing that you were very unsatisfied (and would never hire the firm/individual again). If you do not have sufficient knowledge of past performance in a particular area, leave it blank and the item or form will be scored "0." Project Description: _Grand Reserve Project Budget: $20.5M Completion Date: August 2011 Project Number of Days: 1.5 years Item Criteria Score 1 Ability to manage the project costs (minimize change orders to scope). 10 2 Ability to maintain project schedule (complete on -time or early). 10 3 Quality of work. 10 4 1 Quality of consultative advice provided on the project. 10 5 Professionalism and ability to manage personnel. 10 6 Project administration (completed documents, final invoice, final product turnover; invoices; manuals or going forward documentation, etc.) 10 7 Ability to verbally communicate and document information clearly and succinctly. 10 8 Ability to manage risks and unexpected project circumstances. 10 9 Ability to follow contract documents, policies, procedures, rules, regulations, etc. 10 10 Overall comfort level with hiring the company in the future (customer satisfaction). 10 TOTAL SCORE OF ALL ITEMS corler County Administrative Services ❑epartnent Procurement Services Division Reference Questionnaire Solicitation: 20-7698 Reference Questionnaire for: The JHM Groun of Companies & The Richman (Name of Company Requesting Reference Information) The JHM Group of Companies (Name of Individuals Requesting Reference Information) Name:Michael Weissbrod (Evaluator completing reference questionnaire) Email: .com FAX: N/A Company:Crosskey Architects, LLC (Evaluator's Company completing reference) 860-308-2916 Collier County has implemented a process that collects reference information on firms and their key personnel to be used in the selection of firms to perform this project. The Name of the Company listed in the Subject above has listed you as a client for which they have previously performed work. Please complete the survey. Please rate each criteria to the best of your knowledge on a scale of 1 to 10, with 10 representing that you were very satisifed (and would hire the firm/individual again) and 1 representing that you were very unsatisfied (and would never hire the firm/indivdival again). If you do not have sufficient knowledge of past performance in a particular area, leave it blank and the item or form will be scored "0." Project Description: Old Town Hall Homes Project Budget: 21 MM Completion Date: Summer 2020 Project Number of Days: 16 months Item Citeria Score 1 Ability to manage the project costs (minimize change orders to scope). 10 2 Ability to maintain project schedule (complete on -time or early). 10 3 Quality of work. 10 4 Quality of consultative advice provided on the project. 10 5 Professionalism and ability to manage personnel. 10 6 Project administration (completed documents, final invoice, final product turnover; invoices; manuals or going forward documentation, etc.) 10 7 Ability to verbally communicate and document information clearly and succinctly. 10 8 Abiltity to manage risks and unexpected project circumstances. 10 9 Ability to follow contract documents, policies, procedures, rules, regulations, etc. 10 10 Overall comfort level with hiring the company in the future (customer satisfaction). 10 TOTAL SCORE OF ALL ITEMS 100 COVICT c01.nty Administrative Services Depar4rient Procurement Services Division Reference Questionnaire Solicitation: 20-7698 Reference Questionnaire for: Bennett Creek (Name of Company Requesting Reference Information) The Richman Group, Inc. (Name of Individuals Requesting Reference Information) Name: Mark Hendrickson (Evaluator completing reference questionnaire) Email: FAX: Company:The Hendrickson Company (Evaluator's Company completing reference) 850-671-5601 Collier County has implemented a process that collects reference information on firms and their key personnel to be used in the selection of firms to perform this project. The Name of the Company listed in the Subject above has listed you as a client for which they have previously performed work. Please complete the survey. Please rate each criteria to the best of your knowledge on a scale of 1 to 10, with 10 representing that you were very satisifed (and would hire the firm/individual again) and 1 representing that you were very unsatisfied (and would never hire the frrm/indivdival again). If you do not have sufficient knowledge of past performance in a particular area, leave it blank and the item or form will be scored "0." Project Description: _Bennett Creek Completion Date: June 2012 Project Budget: _$36.1 million Project Number of Days: L5 years Item Citeria Score 1 Ability to manage the project costs (minimize change orders to scope). 10 2 Ability to maintain project schedule (complete on -time or early). 10 3 Quality of work. 10 4 Quality of consultative advice provided on the project. 10 5 Professionalism and ability to manage personnel. 10 6 Project administration (completed documents, final invoice, final product turnover; invoices; manuals or going forward documentation, etc.) 10 7 Ability to verbally communicate and document information clearly and succinctly. 10 8 Abiltity to manage risks and unexpected project circumstances. 10 9 Ability to follow contract documents, policies, procedures, rules, regulations, etc. 10 10 Overall comfort level with hiring the company in the future (customer satisfaction). 10 TOTAL SCORE OF ALL ITEMS 100 Financial Capability of the Firm Financial Capability of the Firm (20 Total Points) 5.a The proposal must provide a general financing plan, or any other potential financing configuration needed for the project. In addition, the Financing information provided should include at the minimum the following: • Forecast of construction costs and financing plan • Proformas for rental and proposed rates • Proposed funding sources, contingencies, timeframes and likelihood of success in securing funding. JHM/RHD has significant experience in the development of similar housing communities throughout the Coun- try and more specifically in Florida. As examples of this RHD is currently developing a 350-unit, rental com- munity in Naples, as well as another in Boca Raton that involves redeveloping a former golf course into 350+ rental and for -sale housing options along with a par 62 executive golf course. Currently JHM and RHD have over 2,500 units of new housing in various stages of the development process. The development team is draw- ing on current market conditions and substantial experience with similar housing communities to develop the appropriate financing plan for this project. JHM/RHD Naples has been working together with local, Collier County business owners for the past year on plans to create opportunities to develop privately funded, affordable, workforce housing for their companies' employees. The redevelopment of the Golden Gate Golf Course will further this effort by specifically designat- ing the resulting housing for those essential -service employees integral to the county's future. Our team mem- bers have extensive experience in building intricate financing structures that best leverage all available capital resources. These capital sources must be reviewed and considered with respect to the goals and objectives of the county and other local stakeholders. There are many sources of funds that must be considered and lever- aged. These include private equity and debt, tax exempt bonds, the $10 million grant provided by the Collier County Community Foundation and, to the extent that they align with the County's goals and objectives, state and federal programs. Throughout the past five decades the partners of JHM/RHD Naples have successfully developed over 150,000 housing units throughout the United States. This experience together with the partners financial strength and significant long-term relationships within the financial community nationwide will ensure its success in devel- oping a financing plan that best meets the needs of the proposed development. JHM/RHD Naples is highly confident it will be successful in securing the necessary funding for this venture. Please refer to the provided REO for additional project information. W..Moro, C 4)(10 �- I Habitat for Humanity' R� JHM/RHD Naples Response to Golden Gate Invitation to Negotiate Project Name: Address: The Greens at Golden Gate Naples, Florida PROFORMAS FOR RENTAL AND PROPOSED RATES Unit Type AMI Set Aside # of Units Avg Net Rent Net Annual Rent One Bedroom / One Bath Two Bedroom / Two Bath Three Bedroom / Two Bath Market / FMR Market / FMR Market / FMR 140 150 70 $1,082 $1,327 $1,760 1,817,760 2,388,600 1,478,400 TOTALS 360 5,684,760 FORECAST OF CONSTRUCTION• SOURCES OF FUNDS (Permanent) Budgeted Amount Amnt Per Unit Amnt Per SF % of TDC Permanent First Mortgage County Community Foundation Other - Private & Public Resources $ $ $ 55,700,000 10,000,000 6,528,741 $ $ $ 154,722.22 27,777.78 18,135.39 $ $ $ 154.29 27.70 18.09 77.1 % 13.8% 9.0% Total Sources $ 72,228,741 $ 200,635 $ 200.08 100% USES Budgeted Amount Amnt Per Unit Amnt Per SF % of TDC Acquisition Construction Hard Cost Construction Contingency Financial Costs Interest Expense General Soft Costs & Impact Fees $ $ $ $ $ $ - 50,374,011 1,259,350 4,654,000 1,286,250 14,655,130 $ $ $ $ $ $ - 139,927.81 3,498.20 12,927.78 3,572.92 40,708.69 $ $ $ $ $ $ - 139.54 3.49 12.89 3.56 40.60 0.0% 69.7% 1.7% 6.4% 1.8% 20.3% Total Uses $ 72,228,741 $ 200,635 $ 200.08 100% As described in previous sections, JHM/RHD Naples has extensive experience in the financing, construction and management of housing communities. From this experience, we are highly confident in our ability to both secure funding and bring the property to stability on -time and on -budget. In addition it should be noted that the development team, through its partner Habitat, also brings with it extensive community relations and experience working with the Community Foundation of Collier County. Habitat has a long standing history in the community and working with public partners and other non -profits. Financial Capability of the Firm (20 Total Points) 5. b The proposer should submit a financing plan that demonstrates the proposer's financial ability to success- fully lease and complete the development of the parcel. • Balance sheet that will reveal the current financial status of the business • OFFEROR shall provide financial reports for a minimum of five (5) years of history with similar endeavors to demonstrate the financial stability of the proposer • Creditworthiness to demonstrate the capability of the firm to construct, capitalize, and operate the facility • List by case name and number all pending litigation in which the firm is involved as a party or OFFEROR'S officers are involved as parties in their official capacity. Additionally, list any arbitrations the OFFEROR is involved in as a party and include the name, location (address of the arbitrator(s)) for each listing Financials will be submitted under a separate cover. To demonstrate the JHM/RHD Naples team's capability to construct, capitalize, and operate the facil- ity, please see an extensive list of project profiles on the proceeding pages. Habitat for Humanity' JHM/RHD Naples Response to .� — Golden Gate Invitation to Negotiate Select List of Similar Projects. MM f - Y ' - - - _ `# Ar Y It is important to note that this team has been involved in the affordable, workforce and luxury rental housing business for 40+ years and have developed and financed over 150,000 units. DEVELOPMENT NAME CITY STATE NUMBER TOTAL DEV COST CONVERSION OF UNITS DATE / PIS Grove Pointe Apartments The Landings Ruskins, Florida 80 $6,698,000.00 1992 Florida 101 $6,200,000.00 1993 Homestead, Hilltop Village Apartments Jacksonville, Florida 200 $12,000,000.00 1996 San Sherri Apartments Homestead, Florida 80 $7,394,000.00 1996 Kyles Run Apartments Vero Beach, Florida 200 $12,969,000.00 1997 River Commons Norwalk, Connecticut 34 $4,900,000.00 1994 Stoddert Place Pensacola, Florida 320 $19,540,000.00 1997 Rippowam Park Apartments Stamford, Connecticut 430 $38,500,000.00 1999 Mira Verde Labell, Florida 140 $9,700,000.00 1999 College Park Naples, Florida 210 $16,206,000.00 2000 Riverview House Apartments Lake Worth, Florida 160 $14,800,000.00 2001 Jordan Park Apartments St Petersburg, Florida 237 $35,000,000.00 2002 Mallards Landing West Palm Beach, Florida 160 $10,000,000.00 2002 Royal Palm Key Apartments Tampa Florida 240 $16,500,000.00 2002 Summer Lakes I North Naples Florida 130 $15,900,000.00 2004 Morgan Creek Tampa Florida 336 $25,900,000.00 2004 Grande Oaks Tampa Florida 168 $14,950,000.00 2005 SHA (Spring Haven) Spring Hill Florida 176 $13,585,000.00 2005 Belleair Place Lakeshore Clarcona Groves (Mango) Largo Florida 180 $17,500,000.00 2005 West Palm Beach Florida 192 $18,100,000.00 2005 Orlando Florida 264 $25,740,000.00 2006 It is important to note that this team has been involved in the affordable, workforce and luxury rental housing business for 40+ years and have developed and financed over 150,000 units. DEVELOPMENT NAME 111CITY STATE NUMBER TOTAL DEV COST CONVERSION OF UNITS DATE / PIS Meridian Pointe Manatee Cove Tampa Florida 360 $35,410,000.00 2006 Florida 192 $21,800,000.00 2006 Melbourne Ferry Street (Wharfside) Middletown Connecticut 96 $6,958,000.00 2006 Lake Kathy Brandon Florida 360 $40,200,000.00 2007 Summer Lakes II North Naples Florida 276 $35,900,000.00 2007 Claymore Crossings Spring Haven II Brook Haven Tampa Florida 260 $27,600,000.00 2007 Spring Hill Florida Florida 88 160 $12,400,000.00 $18,800,000.00 2007 Brooksville 2007 Santa Fe Gainesville Florida 66 $6,800,000.00 2007 Brandywine Tampa Florida 144 $19,700,000.00 2007 Savannah Springs Jacksonville Florida 234 $29,300,000.00 2008 Timber Trace Titusville Florida 204 $27,700,000.00 2008 Clear Harbor Pinellas Park Leesburg Florida 84 $12,300,000.00 2008 Sleepy Hollow I Florida 144 $21,400,000.00 2008 Sleepy Hollow II Leesburg Florida 108 $14,000,000.00 2008 Hunt Club (Sunset View) Tampa Florida 96 $17,633,000.00 2009 Santa Fe II Gainesville Florida 129 $8,500,000.00 2009 Autumn Place (Fox trail Acres) Tampa Florida 120 $18,130,000.00 2009 Spanish Trace Tampa Florida 120 $17,400,000.00 2008 Hudson Ridge Hudson Florida 168 $23,078,000.00 2009 It is important to note that this team has been involved in the affordable, workforce and luxury rental housing business for 40+ years and have developed and financed over 150,000 units. DEVELOPMENT NAME lllCITY STATE NUMBER TOTAL DEV COST CONVERSION OF UNITS DATE / PIS Mariners Cay (Lamson) I Spring Hill I Florida 1 160 j $24,000,000.00 1 2009 Sabal Ridge Tampa Florida 108 $16,700,000.00 2010 Sligh Ave (Cross Creek) Tampa Florida 192 $23,700,000.00 2010 Booker Creek St . Petersburg Florida 156 $18,200,000.00 2010 Landings at Timberleaf Orlando Florida 240 $21,197,000.00 2011 Kensington Gardens Riverview Florida 180 $29,514,000.00 2010 Wickham Park (Parkway Place) Melbourne Florida 96 $15,265,000.00 2011 Fort King Colony Apartments Zephyrhills Florida 240 $24,449,000.00 2010 Sabal Ridge Apartments II Cristina Woods Apartments Meeting House at Zephyrhills (Gand Reserve) Tampa Florida 108 $15,705,000.00 2010 2010 2011 Tampa Florida 108 $15,200,000.00 Zephyrhills Florida 160 $21,830,000.00 Bennett Creek Apartments Jacksonville Florida 264 $36,493,000.00 2011 Bayside Court (BPA II, Ltd.) Clearwater Florida 144 $19,551,000.00 2012 Kensington Gardens II Riverview Florida 96 $11,780,000.00 2012 Apartments at Lakeside, LLC Clearwater Florida 108 $13,573,000.00 2013 Colonial Lakes Apartments West Brickell Tower Ltd. Apartments at Double Branch LLC Lake Worth Florida 120 $21,550,000.00 $11,600,000.00 $30,854,000.00 2013 Miami Florida 32 2014 Tampa Florida 240 2014 Santos Isle Ltd. Tarpon Springs Florida 50 $10,200,000.00 2014 West Brickell View Ltd. Miami Florida 64 $21,500,000.00 2015 It is important to note that this team has been involved in the affordable, workforce and luxury rental housing business for 40+ years and have developed and financed over 150,000 units. DEVELOPMENT NAME CITY STATE NUMBER TOTAL DEV COST CONVERSION OF UNITS DATE / PIS Vista Grande Apartments Ltd Miami Florida 89 $27,000,000.00 2015 Apartments at Gateway LLC Pinellas Park Florida 320 $46,927,000.00 2015 Apartments at Palm Ranch LLC Crescent Crossings, LLC (1A) Apartments at Grady Square, LLC Allapattah Trace Apartments, Ltd Richman Three Lakes Development Partners, LLC Downtown Tampa Apartments, LLC Richman Ascension White Rock, LLC Apartments at Sunrise LLC Crescent Crossings, LLC (1 B) Davie Florida 224 $41,078,000.00 2016 Bridgeport Connecticut 93 $33,895,000.00 2016 Westshore Florida 300 $56,063,000.00 2018 Miami Florida 77 $24,406,000.00 2018 2019 Miami Florida 240 $45,295,000.00 $67,578,000.00 Tampa Florida 351 2018 Dallas Texas 291 $51,021,000.00 2018 Sunrise Florida 417 $89,810,000.00 2018 Bridgeport Connecticut 84 $33,895,000.00 2017 Biscayne Apartments LLC Miami Florida 330 $108,004,342.00 2017 Brandon Apartments LLC Overlook Village Associates, LLC Richman Orlando Development Partners LLC Brandon Hartford Florida Connecticut 240 $40,000,831.00 $27,536,177.00 $47,651,913.00 2017 62 2019 Orlando Florida 280 2019 St. Petersburg Apartments, LLC St. Petersburg Florida 132 $32,407,831.00 2017 Subtotal of SAMPLE list 0 13,843 $1,932,521,094.00 lPortfoliimil r Same 0 o S a F on : Icts 1 t J 1C' tL,�Y_ 'y;F •- � .•* •r ,tip � ''� �,� --- w { • '� �' cA {` -.Jc , � r 3 �4 Stoddert Place — Pensacola, FL. Construction Completed: 1997 Multi -family rental property Units Produced : 320 —1, 21 & 3 bedrooms Construction Type: Wood frame, 3- story Affordability: Mixed -income Financing: HOME, 4% LIHTCs, & Private Financing Team Members: JHM Group of Companies & The Richman Group Managed by Richman Property Services, Inc. Am W". Summer Lakes Apartments,- North Naples' _ f LA Summer Lakes I & II: Constructed from 2004- 2007 W'h ..10-4. Multi -family rental property Units Produced : 416 —1, 2, & 3 bedrooms Y Y , r Construction Type: Wood frame, 3-story Affordability: Units set -aside for 40, 50 & 60% a of AMI � Financing: Local bonds, 4% LIHTCs, SAIL` Team Members: The Richman Group, First Florida, Forum Architecture•-� Managed by Richman Property Services, Inc. V - . — rY,P'}• f C .' + �a . �•T. i Summer Lakes Apartments — North Naples,, FL. L L� � r jor i ]pro + 4 FItIF Ili�� .,, r hd,�� POO onally managed by Richman Property Services, Inc. MW a Leribx.-at Bloomingdale MMM&.,,_.13randon,, FL. { L�L�J L�JXX L�JL�JL�J L��NOW, W- 115C .J r�l r �r , lJL�JLL J 2�JLL r� r-Ir,I �! L*JL� I LuJ L�JLiJ L.J L LiJ L�JL�J r #I� r-1r�r� jj-, -JL..� ` I i - Professionally managed by Richman Property Services, nc. College Park Apa k Construction Completed 2000 Multi -family rental property Units Produced : 210 —1, 2, & 3 bedrooms rtments - Na Construction Type: Wood frame, 3- story Affordability: Units set -aside for 40, 50 & 60% of AMI Financing: Tax-exempt bonds, 4% LI HTCs v AN Team Members: The Richman Group, First Florida Forum Architecture � + les, FL,+;fir 0-1lege Park Apartments — Naples, FL. Professionally managed by'Ricliman Property Services, Inc. Mariner's Cav — S pringHill i - � 0 C, Construction Completed 2008 Multi -family rental property Units Produced : 160 Construction Type: Wood frame, 3- story Affordability: Extremely low -Income and Low -Income Financing: FHFC Tax Exempt Bonds, 4% LIHTC, SAIL Loan & ELI Loan Team Members: The Richman Group, First Florida, Forum Architecture jr LI- •4p e' % EEN191.16F.W I OR Lenox at Bloom h Brandon, F {i Construction Completed 2018 Multi -family rental property Units Produced 240 — 1, 2, & 3 Bedrooms Construction Type: Wood frame 3--"9 story Affordability: Market -rate Ajj�j Financing: Traditional Debt & Equity r Team Members: The Richman Group, I ."A First Florida, Forum Architecture No ■ M/�GCOMPANIES?,FIUP JHM THE 1.6.1,1CHMAN ROUP, INC. The Windward (Phase I) — Construction Start: Q2. 2019 'i Multi -family rental property Units Produced : 54 —1, 2, & 3 bedrooms � �I Bridgeport,, CT Construction Type: Wood Frame Affordability: Mixed -Income IFOPOO 1 y � fe Financing: CT DOH, 9% LIHTC, I HUD, Private Financing t _rS Team Members. JHM Group of Companies & The Richman Group 10 j The Windward (Phase I) — Bridgeport, CT The Windward will include on -site professional management by Richman Property Services, Inc., community space with kitchenette, business center, fitness and laundry facilities. Additionally, approximately 7,200 SF of commercial space is anticipated to be leased to Southwest Community Health Center to provide comprehensive healthcare services to the residents and wider community. Future planned phases of The Windward include approximately 350 additional mixed -income homes. 4t b Crescent Crossings — Bridgeport, 1 • •_rQ CRESCENT CROSSINGS Crescent Crossings — Bridgeport, CT Formerly known as Father Panik Village, this development has revitalized a neighborhood that experienced some of the worst crime an1Z �. .,.� ti poverty in CT history, and provided replacement Nor housing for the existing residents of Marina ?� al . Village, a public housing complex that has fallen a 1' - Q` �"`� into obsolescence and become inhabitable due to Superstorm Sandy. This collaborative effort between JHM & RHD, h along with their local partners, embodies all the f elements of Smart Growth and has served as a catalyst for neighborhood revitalization, by t + 4 eliminating blighted, vacant land and a - introducing pedestrian -friendly streetscapes . R The team has successfully completed two phases, for which there is a substantial waitlist. Future planned phases will add approximately -' 170+ mixed -income units to this vibrant community. Crescent Crossings is professionally managed by Richman Property Services, Inc. ft Crescent Crossings Phases 1A & 16 Bridep_ort, CT Placed in Service: 2017 Multi -family rental property Units Produced : 177 —1, 2, i rk bedrooms � Construction Type: Wood Frame Affordability: Mixed -Income Financing: TDC $65MM - CT DOH, 4 = & 9% LIHTC, CDBG-DR, Private Financing �r. Team Members: JHM Group of Companies & The Richman Group - . _C ,y,- F, Willow Creek Apartments Hartford, CT JHM &RHD, in collaboration with the Housing Authority of the City of Hartford, have worked to successfully demo and remediate the obsolete state housing project, Chester A. Bowles, in order to replace is with a vibrant, mixed -income community. JHM & RHD have received financing commitments for the first three phases of construction and completed master planning for more than 500 total new homes, including a homeownership phase. B 1:7 ;A Patio Peck K LR 3.3 41 Willow Creek Apartments (Phase 1) Hartford, CT Placed in Service: 2019 �- Multi -family rental property Units Produced : 62 -2, 3 & 4 bedrooms11A Construction Type: Wood Frame Affordability: 25-60% of AMI Financing: TDC $28MM - CT DOH, 9% LIHTC, Private Financing _ Team Members: JHM Group of Companies & The Richman Group _"� Willow Creek Apartments (Phase 2) Hartford, CT 'NIIIIIIEWI ; - W-1 - - Commenced Construction: 8/2018 ~� Multi -family rental property Units Produced : 60 -1, 2, &3� ==F - — - - bedrooms - r #-� Constructio*Tle: Wood Frame Affordability-lnco e a� - Financing: TDC $28MM - CT DOH, 9% LIHTC, Private Financing ~ - Team Members: JHM Group of - - Companies & The Richman Group The Heights at Darien — Darien Placed in Service: 2013-2014 Multi -family rental property Units Produced : 106 —1, 2, & 3 bedrooms Construction Type: Wood Frame y Affordability: Mixed -Income Financing: TDC $38.2MM - CT DECD, 4 LIHTC, Darien Housing Authority, - Private Financing Team Members: JHM Group of -_ -f Companies The Richman Group acted as syndicator for this project and provides asset management services. 1111111L. . CY Ll ,u 14.M 4 The Royle at Darien — Darien, CT Construction Start: January 2019 55+ Independent Living Comnity Units Produced : 55 — 1 & 2 bedrooms Construction Type: Wood Frame Affordability: 25-60% of AMI Financing: TDC $19MM - CT DECD, CT DOH, 4 LIHTC, Town of Darien, Darien Housing Authority, Private Financing Team Members: JHM Group of Companies, .� The Richman Group is acting in the capacity of syndicator and asset management for this project. Qualifications Specialized Expertise of Team Qualifications and Specialized Expertise of Team Members and Firm (10 Total Points) OFFEROR shall demonstrate the professional qualifications and expertise delivered by project delivery team. OFFEROR shall explicitly identify members of the team and rolls they will play in delivery of the proposal as they relate to the to the criteria listed in criterion #4 above. • Description of the proposed contract team and the role to be played by each member of the team Please see the following flow -chart which outlines the roles of each member of the team. 4W - -1_J JHM/RHD Naples Response to IWIHabitat for Humanity Golden Gate Invitation to Negotiate M/ram 'D� OY�' J J Development Partners • The Richman Group of Companies (RHD) JHM Group of Companies (JHM) ' Habitat for Humity_ • of faliir. Low:'Y • Habitat for Humanity of Collier County PROJECT MANAGER TODD D. MCCLUTCHY Legal* Market Analysis and Community and Financial/Development* Resident Relations* • JHM • Lead Counsel —Nelson Mullins, LLP • RHD • Nick Kouloheras • • Richman Property Services Richman Community Capital Heather Toft Team Manager This team will work together with the other substantive groups to address regulatory and other legal issues related to: (i) mixed financed housing developments; (ii) the interface of any State and/or local regulatory requirements for its residents with the legal and regulatory restrictions related to other programs; and (iv) obtaining all land use and zoning approvals, as well as assuring compliance with environmental regulations and completing real estate transactions. Nick Kouloheras / Kristen Gucwa-Fuechslin Team Manager This group will identify the target populations for the proposed housing and will assess and define the best approaches for marketing such housing. It will also include an analysis of the market, (i.e. who will want to live in the new community; what kind of financial commitments can be expected from prospective residents; what incentives and/or amenities must be available to attract residents, etc.) Additionally, members of this group will be responsible for creating and administrating a comprehensive human services program for the residents. Todd D. McClutchy Team Manager This group focuses on the financial structuring and engineering of the transaction, including the leveraging of committed funding, the identification of and application for alternate sources of financing, and the coordination of all finance and development activities. Members of this group will prepare and evaluate various economic models, identify and secure the sources of funds to achieve maximum leveraging of public dollars as well as monitoring the use of such funds. *Local minority/women team members will be actively recruited for these subgroups. N � +J�,M/C�FRpgOUP THE ��jICHMAN �ROUP, INC. Design/Construction* • RHD & JHM (Design oversight/construction manager) • Architect- Forum Architecture and Interior Design • Engineering- Hamilton Engineering and Surveying, Inc • General Contractor- First Florida affiliate of developer • Environmental- Ardaman & Assoc. William T. Fabbri Team Manager This group will be responsible for coordinating all aspects of the physical design and construction for the site and buildings. Members of this team will select the general contractor and will monitor its affirmative outreach to minority and women -owned subcontractors as well as the inclusion of Section 3 employees and businesses. Other responsibilities include managing the construction bidding process, cost estimating, securing permits, etc. Operations/Management & Marketing* • Richman Property Services • Richman Asset Management • JHM Theresa Eastwood -Davis Team Manager This group will be responsible for all aspects of property operations including marketing and leasing, compliance monitoring, property maintenance (both preventative and on -going), financial management and reporting and resident services and resident participation. This team will implement systems for marketing„ selecting, and orienting new residents; maintaining the physical facility through implementing financial controls, and recording and coordinating with the local network of supportive services. Along with the Housing Authority, JHM will provide the asset management and ensure compliance. Qualifications and Specialized Expertise of Team Members and Firm (10 Total Points) • Attach brief resumes of all proposed project team members who will be involved in the management of the total package of services, as well as the delivery of specific services • Attach resumes of any partners and attach letters of intent from partners with the submission Additionally included are corporate resumes of JHM Group of Companies, The Richman Group, and Habitat for Humanity, in addition to their letter of intent. These illustrate the vast and varied experience each organization brings to this partnership. Together, these organizations form a formidable team with over a century of combined development experience across the country. -1-1 JHM/RHD Naples Response to NW" Habitat for Humanity Golden Gate Invitation to Ne otiate M/�r�DJ� J 0— E3F;-3ouFM JHM GROUP OF COMPANIES �11 �1 Leadership in Multifamilv Housina r ■ Y Luxurious Mixed -Income Communities IRA i Recognized nationally as a leader in the development and financing of housing, JHM and its principals have completed over 55,000 housing units with a value in excess of $10 Billion, as well as in excess of 5.5 million square feet of retail and commercial space. W ir Alrip _A -, WA r Ne_w`Yoek: - �- Shamrock Apa Ellicott Homes Recent Multifamily Developments +,'. . . . . . . . . . . v4onnecticut: The Royle at Darien 1! 4!t. The Heights at Darien 4,w River Commons Apartments Rippowam Park Apartments Crescent Crossings .-Willow Creek Apartments menn s The Windward Florida.7 INApartments F Stoddert Place Ann Ell Apar ments I "ILI VIA RM-11, TexaS:'�__ , r - ee Apartments. THE I ICHMAN ROUP DEVELOPMENT CORP. AZURA - DAVIE, FLORIDA fl jy, ll r I I� . �y,'q'•.. Ll ilk 1. � •ir :f r.. j Pj - yp '7: �..� }� :{, .r.G'- T � � � •; � rt � i"i a �- i"a1 �. 4'. .'1 zip ONE OF THE NATION'S LEADING HOUSING ORGANIZATIONS i II n !l it II u I :: Ir :: H 9 I I F, � " - .. 11 E .. ::'LL " - :: of : �:••!. �!. { n�jl II ILA n A AW�r. ntrrt �Il 11 �� a n� :. .. �■ nr 4ma MIN C��g win MIR iSGf ' 'A'i� gfw - EM - ZM MR ■f .R■ 3..2 ■W 1t1 IM ll119�E1G�i �n- A QUARTER -CENTURY OF EXPERIENCE Over the last quarter -century, Richman has grown to be America's 7th largest rental apartment owner, with a portfolio value $pproaching 20 billion and twelve regional offices serving communities in 49 states Puerto Rico, the Virgin Islands and Guam. This growth is due to Richman's flexibility in accomplishing its development goals by partnering with large financial institutions for -profit developers smaller community -based non-profit organizations and by creating effective ,public private partnerships with state and local governments The Richman Organization has a national reputation for structuring creative development financing and has been able to use its investment banking affiliate, Richman Real Estate Investments Inc one of the nation's largest providers of equity for residential apartments developers to provide the financing necessary to accomplish its development goals Richman can also deliver complete in-house development services including site selection, marketing and management services and, in some states such as Florida, even construction services By possessing comprehensive and integrated development and financing capabilities The Richman Organization has become a leader in the development of high quality luxury and affordable rental and for - sale housing products serving both families and senior citizens ^h` xt .•:.'y -r y ..��'�� ---.-��rr��:,:.=_-�•-.��. .=a -�c�,XF-- - r..-� ?{y�� " •• {�'. � - Sri•. �/- - U# 'I i1'. ��" � .'}•..'7+.#w_�p _ _t'ti �'.�l'y� Ll Ej El El ILI r� �i_�'� _ _ ram- k� sn� - � :� � • � ��'- - `{.+ -� - '.f•:''._ ti,•„ •.' a_ •' `tee . _ � ��- � � ••� � � � � '�• � � 4 ''��_ � ICI � rsi��'� x, r _ M1 _ ��. lam- _ � � 'L - •� ' �. ice' �i y 4�� •�� *- 4 }. y - - _ �y �-� _}k:. - .YF. - _ � / � M1 --�- ,� 3� ��ti -+.� fir. ,•�. " .- - �' �. /�=' 4 ,•' !" :'•f�.-• � - , :� }l ... '� fir' - }�5-. � y 3.9i� � _ • _'� l.. RI CH MAN PROPERTIES MARKET - RATE COMMUNITIES u Jomyu �,•. -_ �.� ill Y :1 4 a.. fi A�n y Established in 2013, the Richman Signature brand of market -rate communities is setting an industry standard for luxury living in major metros throughout the US. ■ i q r, .t lip! CUTTING -EDGE APARTMENTS IN DYNAMIC MARKETS Pictured from left: THE SEDONA - TAMPA, FLORIDA PALM RANCH - DAVIE, FLORIDA INFINITY LOHI - DENVER, COLORADO EPIC AT GATEWAY - ST PETERSBURG, FLORIDA PARC AT WHITE ROCK - DALLAS, TEXAS PALM RANCH - DAVIE, FLORIDA GRADY SQUARE - TAMPA, FLORIDA MARKET - RATE Recent Developments: THE SEDONA - TAMPA, FLORIDA PALM RANCH - DAVIE, FLORIDA INFINITY LOHI - DENVER, COLORADO EPIC AT GATEWAY - ST PETERSBURG, FLORIDA AURORA - TAMPA, FLORIDA SAGE AT CERRITOS AZURA, AURORA EPIC AT GATEWAY PORTFOLIO PARC AT WHITE ROCK - DALLAS, TEXAS PALM RANCH - DAVIE, FLORIDA GRADY SQUARE - TAMPA, FLORIDA SAGE AT CERRITOS - Los ANGELES, CALIFORNIA AZURA - KENDALL, FLORIDA THE AMALFI - CLEARWATER, FLORIDA Coming Soon: LENOX AT BLOOMINGDALE - BRANDON, FLORIDA Fn - SAN DIEGO, CALIFORNIA Ki - SAN DIEGO, CALIFORNIA THE MORGAN - ORLANDO, FLORIDA A%AL a wilthI. � MARKET &MIX COMMUNITIES From Left: BELLEAIR PLACE - CLEARWATER, FLORIDA THE BALTON - NEW YORK, NEW YORK THE KENTSHIRE - MIDLAND PARK, NEW JERSEY l �t �I��I I1IQI� a BAYSIDE C4 CLEARWATER, - RRZR�T • � � � r � ^ .pry ,, ngT1—frrwRtu-- ` AFFORDABLE COMMUNITIES J 71 HIGH POINTE PLAZA - LUFKIN, TEXAS off WEST BRICKELL VIEW - MIAMI, FLORIDA LAKE SHORE - WEST PALM BEACH, FLORIDA • 4. y � i r�:Vll �A 2 !ai AUTUMN WOODS - BLADENSBURG, MARYLAND �...�r YCe SUMMERCREST - FRESNO, CALIFORNIA RL k.k Il ;Ili •. y l_IL 4 RIPPOWAM PARK - STAMFORD, CONNECTICUT AFFORDABLE Florida: BROOK HAVEN CLAYMORE CROSSING CRISTINA WOODS HUDSON RIDGE KENSINGTON GARDENS 1611 MARINERS CAY SPRING HAVEN 1611 AUTUMN PLACE CROSS CREEK FORT KING COLONY HUNT CLUB LAKE KATHY MORGAN CREEK ROYAL PALM KEY SABAL RIDGE 1611 SPANISH TRACE BAYSIDE COURT BELLEAIR PLACE BENNETT CREEK BOOKER CREEK CLEAR HARBOR SAVANNAH SPRINGS CLARCONA GROVE LAUREL OAKS I 611 MANATEE COVE PARKWAY PLACE RIVERCREST TIMBER TRACE TIMBER LEAF WINDOVER WOODS ALLAPATTAH TRACE BROWNSVILLE VILLAGE 3 64 COLONIAL LAKES GARDEN WALK LAKE SHORE POINCIANA GROVES RIVERVIEW HOUSE SAN SHERRI BRANDYWINE COLLEGE PARK GRANDE OAKS MERIDIAN POINTE MIRA VERDE ST LUKE'S LIFE CENTER SUMMER LAKES 1611 VALENCIA GARDEN APARTMENTS BELL RIDGE I SANTA FE I 6II STODDERT PLACE PORTFOLIO California: New Jersey: HARVARD COURT 16 II MEADOW GREEN MT. WHITNEY THE KENTSHIRE ROSEWOOD VILLAS SIERRA VISTA New York: SUMMERCREST SUMMERSET 4ZZ WARBURTON SUMMERVIEW BETHEL SENIOR VALLEY OAKS 16 II SHAMROCK CORNERSTONE DOUGLASS PARK MOUNTAIN VIEW METRO 1Z5 SHASTA COURTYARDS THE BALTON EMERALD POINTE STONEGATE I 6II Connecticut: Texas: CRESCENT CROSSINGS 1611 HIGH POINTE PLAZA FLORENCE VIRTUE MEADOW BROOK PLAZA RIPPOWAM PARK MOCKINGBIRD LANE RIVER COMMONS PINE RIDGE PLAZA WHARFSIDE WALLER HILLSIDE PLAZA Maryland: FIELDPOINTE LANDMARK AUTUMN WOODS I 611 ACTIVE ADULT L I V I NG 62+ 00000000000 5 Communities Located in California & New Jersey BAYVILLE, NEW JERSEY HIGHVIEW TERRACE, NEW JERSEY THE PINES AT TINTON FALLS, NEW JERSEY GRAND PLAZA SENIOR, CALIFORNIA VENTANA, CALIFORNIA 55+ 06666666660 11 Communities Located in Florida, New Jersey, New York, California & Texas SANTOS ISLE, FLORIDA GRAND RESERVE, FLORIDA VISTA GRANDE, FLORIDA WEST BRICKELL TOWER, FLORIDA WEST BRICKELL VIEW, FLORIDA SPRING MANOR, NEW YORK MEADOW BROOK, NEW JERSEY ST. NICHOLAS PARK, NEW YORK WAYSIDE OAKS, NEW JERSEY SIMMONS GARDENS, TEXAS SYCAMORE SENIOR, CALIFORNIA ACTIVE ADULT COMMUNITIES Pictured from Left: THE PINES AT TINTON FALLS — TINTON FALLS, NEW JERSEY WEST BRICKELL TOWER — MIAMI, FLORIDA SANTOS ISLE — TARPON SPRINGS, FLORIDA VISTA GRANDE — MIAMI, FLORIDA SYCAMORE SENIOR VILLAGE — OXNARD, CALIFORNIA r Humanity of Collier County Our vision is a world where everyone has a simple, decent place to live. with the poor. In ministry since US. Rev. Lisa Lefkow CEO Habitat for Humanity of Collier County Lisa has been a Collier County resident since 1994, moving to Naples from central Florida and having grown up in Miami. Ordained in the United Methodist Church, Lisa serves Cornerstone United Methodist Church as well as being appointed to Habitat for Humanity. Her passion has always been mission ministry and particularly working 1980, she has led many mission teams into impoverished areas of the Lisa began volunteering with Habitat for Humanity as she embarked on her ministry in the early 80s. Following a mission trip to Haiti in 1999, she joined the staff of Habitat for Humanity of Collier County where she finds great joy in working with people of all walks of life to partner in the goal to provide the most basic of human needs: safe, affordable shelter for families in critical need. Habitat for Humanity of Collier County is proud to be one of the oldest and largest -producing affiliates in the United States. More than 2,200 families have purchased Habitat homes over the past 41 years. For more than 16 years, the affiliate has built an average of 100 homes annually; however, nearly 2,000 families will inquire about purchasing homes each year. Charity Navigator, the nation's largest and most utilized evaluator of charities, has two times awarded Habitat Collier a perfect 100 score. In addition to being a 15-time four -star rated charity, Habitat Collier has been rated #1 in the nation for Community and Housing Development. The organization has also earned the GuideStar Platinum Seal of Transparency. In addition to her love for her work and passion for the ministry of Habitat for Humanity, Lisa loves being outdoors in this beautiful community, fishing, boating, cycling, walking the beach and spending time with her extended family. Her husband, Brooke, teaches Yd grade at Seagate Elementary School. They have two grown children who live locally and are active in the community. i t of Collier County r Humanity Our vision is a world where everyone has a simple, decent place to live. Nicholas J. Kouloheras President Habitat for Humanity of Collier County. Nick Kouloheras is the President of Habitat for Humanity of Collier County. He holds a degree in business and a minor in public administration. Nick has worked in the construction industry since he was 14, working for his father who owned a custom home building company in the North East. As a member of the Habitat team since 2002 he has been directly responsible for the purchase of over 500 vacant lots along with the acquisition and zoning of more than 550 acres of land. Since joining Habitat he has overseen the construction of 1700 homes, making Habitat Collier the largest Habitat affiliate in North America. After taking over the role as President Habitat Collier has been named the affiliate of distinction twice by Habitat International and was ranked the number one affordable housing developer in the country by Charity Navigator. He was the chair of the Affordable Housing Stakeholder Committee and a member of the Superintendent's District Advisory Council. He spends his spare time with his family and volunteering with the Collier County School District. Executive Committee Rev. Lisa Lefkow CEO Nick Kouloheras President John W. Cunningham Chairman L. Michael Mueller Vice-Chair/Treasurer David R. Pash, Esq. Secretary Edward J. Hubbard Doug Peterson Robert Rice Stanard L. Swihart, M.D. Directors Richard I Adams, Jr. Donna Conrad Kathleen Doar,Esq. Thomas E. Fahey Kathleen Flynn Fox Curt Gillespie Robert N. Gurnitz F. Craig Jilk Rev. Dr. Kathleen L. Kircher Tom Messmore Janet Miller John Paalman Thomas G. Pollak Douglas L. Rankin, Esq. John E. Sampson r Hu is a world where everyone has a simple, decent place to live. Date: 1 /6/2020 To: John McClutchy (JHM Group) From: Nick Kouloheras Re: Golden Gate City Golf Course Dear Mr. McClutchy, Habitat for Humanity of Collier County is encouraged about partnering with your firm on the Golden Gate City Golf Course project. The board of county commissioners has seen the importance of providing affordable housing opportunities to its residents and Habitat is excited to see this project come to fruition. Habitat for Humanity has been the largest affordable housing provider in Collier County since 1978. Our organization has provided housing opportunities for over 2,200 residents of Collier County. We firmly believe that housing affordability is a critical part of the infrastructure that makes this community such a wonderful place to live and vacation. Our leadership team has over fifty years of experience in acquiring, developing and constructing homes and neighborhoods at affordable price points. Our team also reviews and processes applications of residents to ensure all local, state and federal HUD or banking regulations are followed. Habitat for Humanity of Collier County will support your application with Collier County and we look forward to a partnership that will help address the housing affordability crisis this community is facing. Best Regards, Nicholas J. Kouloheras President Qualifications and Specialized Expertise of Team Members and Firm (10 Total Points) • OFFEROR shall provide information that documents the firm's and partners' qualifications to produce the required deliverables, including abilities, capacity, skill, and financial strength, number of years of experi- ence in providing the required services, and required licenses and certifications Todd D. McClutchy As Project Manager, Mr. McClutchy will be team contact person. Mr. McClutchy, President of JHM Group of Companies, has participated in the financing and develop- ment of over 5,000 mixed -income units. He has worked extensively with all aspects of the develop- ment process including design, construction, marketing, management, and finance. Mr. McClutchy has been the lead underwriter for various development projects in Connecticut, New York, New Jersey, Maryland, Louisiana and Florida, where he worked closely with public and private lenders in assem- bling closing packages. Mr. McClutchy graduated with a Bachelor of Science from St. Lawrence Uni- versity. William T. Fabbri William T. Fabbri, President of The Richman Group of Florida, Inc. is located in Richman's West Palm Beach, Florida office, and is responsible for overseeing all real estate development activity throughout the State of Florida. Mr. Fabbri graduated from Pennsylvania State University with a Bachelor of Social Science Degree and Shippensburg University with a Master of Science. Ely Banks Ely Banks of The Richman Group of Florida, Inc., has extensive experience managing the acquisition and development of residential real estate throughout Florida. Mr. Bank's zoning expertise will prove invaluable to this transaction. Jesse Woeppel Mr. Woeppel has been a member of The Richman Group's development team for nine years, where he has focused his efforts primarily in Florida. His expertise in the financing of all forms of housing in Florida will be an asset to this project. Mr. Woeppel holds a BS in Business Administration and Finance from Flagler College. For additional detail, please see the personal resumes of John and Todd McClutchy in their en- tirety. This outlines their extensive experience in all aspects of the affordable housing develop- ment industry. 9 THE IE�� JHM/RHD Naples Response to �I C H M AN Habitat for Humanity Golden Gate Invitation to Negotiate RC)UI' ��M�,�r,�r�,� ,� g DEVELOPMENT CORP H. McClutchy John Jr.T Chairman of JHM Group of Companies In 1968, while a freshman at Nichols College, Dudley, Massachusetts, Mr. McClutchy, along with a Connecticut -based housing developer submitted an application to the U.S. Department of Housing and Urban Development ("HUD") under its Operation Breakthrough Demonstration Program. In 1970 they were awarded a grant by HUD to construct 136 single-family houses in Willimantic, Connecticut. This began his career in housing and real estate development. After having graduated from Nichols in 1972, with a BSBA, he joined Union Bank in Los Angeles, California, where he organized and managed its Owned Real Estate and Distressed Real Estate Loan Department. In 1975 he left Union Bank after having successfully reduced the bank's problem loans and owned real estate by over $400 million. At that time he became a principal and executive vice president of Related Housing Company, Inc. (the predecessor of CharterMac Capital, LLC, now Centerline Capital Group a subsidiary of Centerline Holding Company a NYSE company). While at Related he specialized in the development of multi- family housing. Related became one of the first and, ultimately, larg- est syndicators and developers of multi -family housing in the country. During this time he worked with then- Secretary of HUD, Moon Landrieu, and his staff to create new programs for the development of affordable housing, including the first ever use of bonds by the private sector to finance housing development. In 1981, Mr. McClutchy sold his interest in Related and formed The Braeburn Development Companies. Braeburn de- veloped and constructed housing, retail and commercial developments throughout New England. In 1986, Congress created the Low Income Housing Tax Credit program and he immediately began to use it as a re- source to develop housing. Since then he has worked with state housing agencies throughout the country to use this valuable resource to develop affordable housing. Mr. McClutchy has become one of the country's leading experts on the use of Low Income Housing Tax Credits and tax exempt bonds for the development of affordable housing. He speaks frequently for various public and private organizations about the use of these programs and the development of afford- able housing. Mr. McClutchy sold the Braeburn Companies in 1988 and formed The JHM Group of Companies. The entities that com- prise The JHM Group of Companies are actively involved in every aspect of real estate, housing development and the recla- mation of environmentally contaminated properties. They have concentrated their efforts on developments in Connecticut, New York, Florida, Texas and Illinois. In addition to his involvement in housing and real estate devel- opment, Mr. McClutchy is a founder and Chairman of the Board of Nxegen, Inc. in Middletown, Connecticut. Nxegen is an ener- IMF gy services company that works with its commercial, industri- al, institutional and municipal customers to use its proprietary systems to implement energy management programs to control and minimize costs. Along with Nxegen staff he devel- oped a proprietary process to use a wireless network to control and manipulate equipment and energy usage remotely from a centralized network operating center. This system received a U.S. patent in 2003. He also holds several other patents and has patents pending for devices that control and reduce energy usage and costs. No ■ Mr��GFZC3UP H. McClutchy John Jr.T Chairman of JHM Group of Companies In 2004 Nxegen acquired The EnergySolve companies in Somerset, N.J. EnergySolve provides web -based energy services to a wide variety of retail, commercial, industrial and municipal customers throughout the northeast and California. Mr. McClutchy is Chairman of the Board of EnergySolve. In 2006, Mr. McClutchy formed Shamrock Stables, LLC. Shamrock is involved in the buying, selling and racing of thoroughbred horses. It races its horses in New York, New Jersey, Florida and Kentucky. Mr. McClutchy was a member of former Connecticut Governor Rell's Advisory Working Group on Hous- ing; Connecticut Housing Finance Authority's Com- mittee for the Preservation of Affordable Housing; Urban Land Institute's Affordable/Workforce Hous- ing Council and Columbia University's Affordable Housing Roundtable. He is a former member of The City of Stamford Mayor's Commission on Afford- able Housing and was a member of a panel of hous- ing experts brought together to advise then -Secretary of HUD, Henry Cisneros. He speaks frequently as a panelist on housing related issues and the develop- ment of environmentally contaminated properties for professional, municipal and government organi- zations throughout the country. He has testified be- fore Congress and the Connecticut state legislature on housing related issues as well as before the Con- necticut State Department of Public Utility Control. I In addition to his professional affiliations, he is a i 11,11 trustee of Kolbe Cathedral High School, Bridgeport, Connecticut and is a former board member of the United Way of Stamford as well as a former board member and past president of The Country Club of Darien. He is presently serving as Chairman of the Board of Trustees for Nichols College, Dudley, Mas- sachusetts. ■■ ■ Mr��GFZC3UP Todd D. McClutchy President of JHM Group of Companies As President for The JHM Group of Companies, Mr. McClutchy is responsible for overseeing all aspects of JHM's real estate, sports and energy businesses. His responsibilities including site selection, overseeing project and development management personnel, assisting project teams from build- ing inception through completion, contract negotiation and project financing and closings. Prior to working with JHM he worked as Vice President of The Richman Group Development Corporation. He has participated in the financing and development of over 5,000 mixed -income units. He has worked extensively with all aspects of the development process including design, con- struction, marketing, management and mostly finance. He has participated in the structuring of mixed -finance housing by utilizing tax exempt bond financing with 4% LIHTC, 9% LIHTC, HOPE VI, HOME, AHP, Section 8 & 9 and several other Federal, State and local funding sourc- es. He has brought almost a dozen projects through either the construction closing process and/or the permanent loan conversion process. He was also the lead underwriter for the firm's various de- velopment projects in Connecticut, New York, New Jersey, Maryland, Louisiana and Florida. He worked closely with public and private lenders in assembling closing packages. 0 -.�� it :'SLI ja MOW' Prior to working with the Development Group, he worked for Richman Asset Management managing investor relations including requests and reporting requirements for nearly 70 corporate investors. Subsequent to that he worked with Richman Affordable Housing Corporation in their underwriting and due diligence group. Selected Project Experience: Crescent Crossings (Phase I -IV)-- Bridgeport, Connecticut $120+ million new construction of 300 mixed -income, rental apartments under construction on 6.5 acres with significant site and utility improvements. The Windward (Phase I & II) - Bridgeport, Connecticut $50 million demolition of 406 units and construction of 110 to be built mixed -income, rental apartments under construction on 5.5 acres with significant site and utility improvements ■■ ■ Mr��GFZC3UP Todd D. McClutchy President of JHM Group of Companies Contact Information: Address: 1266 East Main Street Suite 601 Stamford, Connecticut 06902 Phone: (203) 348-2644 Email: todd@groupjhm.com Website: www.groupjhm.com ■■ ■ Mr��GFZC3UP Stamford Manahttan Development Ventures - Stamford, CT Predevelopment and planning of proposed $250 million mixed - use property with direct connectivity to Stamford's Transpor- tation Center, the second busiest station after Grand Central. This development will contain over 450,000 square feet of retail, residential, hotel and residential in 36 stories. Willow Creek (Phases I -IV) - Hartford, Connecticut $150+ million demolition of 406 untis and new construction of 300+ apartments. JHM is in the process of redeveloping this oncee troubled public housing project into a mixed income housing community. The Heights at Darien - Darien, Connecticut $40 million new construction of 106 mixed -income, rental apartments built on 10+ acres with significant site and utility improvements The Royle at Darien - Darien, Connecticut $28 million new construction of 55 senior, rental apartments built in downtown business district Rippowam Park Apartments - Stamford, Connecticut $36 million gut -renovation of 430 apartments. JHM converted these once troubled public housing units into mixed income housing Yonkers HOPE VI Redevelopment - Yonkers, New York $200 million demolition of 550 units and new construction of 375 mixed -income, rental housing units for families and signif- icant infrastructure improvements Fort Washington Senior - Fort Washington, Maryland $30 million new construction of 120 mixed -income, rental housing development. Tinton Falls & Kentshire - Midland &Tinton Falls, New Jersey $150+ million new construction of 300+ apartments in New jersey. Qualifications and Specialized Expertise of Team Members and Firm (10 Total Points) • OFFEROR shall provide information that documents the firm's qualifications and expertise delivering a f- fordable rental housing Please refer to section 5.b Financial Capacity of the Firm for project profiles that document the extensive portfolio of affordable housing produced by the development team. r..F �� JHM/RHD Naples Response to qw," %* Habitat for Humanity 4 Golden Gate Invitation to Negotiate M/ter DJ� Qualifications and Specialized Expertise of Team Members and Firm (10 Total Points) • OFFEROR shall provide information that documents if the firm is a registered non-profit Please refer to section 7. Local Vendor Preference, which includes the Business Tax Receipt for Habitat for Humanity of Collier County. This documents their status as a registered non-profit. r..F �_J JHM/RHD Naples Response to %* Habitat for Humanity Golden Gate Invitation to Negotiate M/ram Y �' J J Qualifications and Specialized Expertise of Team Members and Firm (10 Total Points) The proposal must include a description of the firm/team, including locations of offices, the person responsible for contracting services, and the location of the contracting authority. Include a list of the qualified profes- sional team members and qualifications of associates proposed to perform and/or assist with the work to oversee the project. Identify the names and provide resumes of proposed management members that will supervise the project, including an organizational flow chart, if available, showing the working relationship of the management structure. The proposal shall submit a portfolio of projects of similar size and scope com- pleted and or managed by the firm or team. Please see the previously referenced flowchart and provided personal and corporate resumes. Location of offices are as follows: Habitat for Humanity of Collier County: • Headquarters located at 11145 Tamiami Trail East, Naples, FL 34113 The Richman Group: • 12 offices located throughout the US with primary operations and staff located in its northeast headquarters in Greenwich, CT and Southeast headquarters in West Palm Beach, FL which also serves as the central office for development and construction activities. JHM Group of Companies: • Headquarters located in Stamford, CT with an office in Naples, FL. THE IN�_J L. H iV1 AN *Habitat for Humanity- JHM/RHD Naples Response to [Mt JP J M/ram 'DLi Golden Gate Invitation to Negotiate oEVEEn"ENT Co-' nrai Vender NreterencE Evaluation Criteria No. 7: Local Vendor Preference (10 Total Points) Local Vendor Preference Local business is defined as the vendor having a current Business Tax Receipt issued by the Collier or Lee County Tax Collector prior to proposal submission to do business within Collier County, and that identifies the business with a permanent physical business address located within the limits of Collier or Lee County from which the vendor's staff operates and performs business in an area zoned for the conduct of such business. Habitat for Humanity of Collier County is a local vendor and has a proven track -record of developing quality affordable housing in Collier County. As previously discussed, Habitat for Humanity has been a community mainstay in Collier County since the 1970s, and is excited to continue this presence into the future. On the proceeding page, please find their Business Tax Receipt which identifies the organization as a local vendor with a permanent business address, as well as a non-profit. JHM/RHD Naples Response to Golden Gate Invitation to Negotiate COLLIER �' � 1V �'- t13;_A �:1t� � TAX. BUSIplIESS`tA,� NUMBER:�827�13 COLLIER COUNITY TAX COLLECTOR, - 2800 i�. HORSES IOE DRIVE-14APLES FLORIDA 3404 - (139) 252-2477 ► isr OUR WEBSITE PJ, www.colliertax.com THIS RECEIPT EXPIRES SEPTEkriSER 30, 2020 LOCATION.11145 TAM IAMI TRAIL E ZONED C-3 + *� BUSINESS PHONE. 775-0036 7 LEGAL FORIl"& STATE OR COUNTY LIC # N 742136 Corpo.rati n or � I I � CLASSIFICATION' NON-PROFIT ORGANIZATION } op. CLASSIFICATION CODE. 03610701op This document is a business tax only. This is not certification that lioatwr s q,,a i a ' It does not permit the licensee to violate any existing regulatory zoning laws oi'�e ri'ta ej coLinty, or cTuW nor does it exempt the licensee from any other taxes or permits that may be required by i». DISPLAY AT PLACE OF BUSINESS FOR PUBLIC INSPECTION. FAILURE TO DO SO IS CONTRARY TO LOCAL LAWS. HABITAT FOR HUMANITY OF COLLIER COUP\ HABITAT FOR HUMANITY OF COLLIER COUN 1145 TAM IAMI TRAIL E WAPLES, FL 34113 THIS TAX IS NON -REFUNDABLE - DATE 01 /13/2020 AMOUNT 0.00 RECEIPT 500-20-00398747 & C O YP A N Y Revitalizing Community Through Innovative Housing Partnerships i Response to SOLICITATION No. 20-7698 Housing and Land Development Component at the Former Golden Gate Golf Course Collier County Board of County Commissioners Prepared by Gorman & Company, LLC / January 28, 2020 37 N. Orange Ave I Orlando, FL 32801 1 608-333-5281 1 608-835-3922 1 gormanusa.com 1. COVER LETTER/MANAGEMENT SUMMARY Collier County Florida Evelyn Colin, Procurement Strategist Procurement Services Division 3295 Tamiami Trail East, Building C-2 Naples, FL 34112 RE: Invitation to Negotiate — Housing and Land Development Component at the Former Golden Gate Golf Course 20-7698 Ms. Colon Gorman & Company along with our collaborative team is proud to submit the attached proposal for housing development at the former Golden Gate Golf Course in Naples, Florida. Gorman & Company has over 35 years of experience in developing some of the nation's highest quality workforce housing and neighborhood revitalization projects in various regions across the U.S. For this opportunity we have assembled a qualified development team: • Gorman & Company - strategic offices in Orlando, Florida and Atlanta, Georgia • Stofft Cooney Architects — Architecture firm in Naples, Florida • Richard Yovanovich — Land Use Attorney in Naples, Florida • Bob Mulhere of Hole Montes — Civil Engineer in Naples, Florida • Norman Trebilcock of Trebilcock Consulting Services — Traffic Consultant in Naples, Florida We are excited for this opportunity to collaborate with Collier County to advance workforce housing and affordable housing in Collier County. Gorman has developed a reputation in our core markets for being a strong partner with non-profit organizations, housing authorities, and local government agencies. We have a reputation for being an innovative problem solver that focuses on getting things done in a timely fashion. It also fits with our commitment to the transformation and revitalization of local communities. You will find our team to be extremely flexible, cooperative, and creative in developing an innovative housing development with the input of the local community that will serve to benefit the goals of both Collier County and Gorman. We have access to significant short-term predevelopment capital, construction and permanent financing, as well as a stellar track record with all of our equity partners. We have structured many complex transactions involving a multitude of layers of public and private financing, and have access to some of the nation's most experienced attorneys, CPAs, and consultants to supplement our collective capacities to take any feasible project across the finish line. Gorman & Company is a vertically integrated company. Our development team includes property management, in-house architects, and an affiliated construction company, Gorman General Contractors. With all team members at the table during the pre -development and construction process, we can work expeditiously to get this project completed in a timely manner. Our record of having developed over 100 affordable low-income housing tax credit projects in eight states, with a variety of local partners, speaks to Gorman's ability to complete projects on time. For all of the above listed reasons, we believe that Gorman & Company and our team is best qualified to perform the engagement. Thank you for your time and consideration of our proposal. Please feel free to call me at (404) 403- 2925 or email me at freed@ormanusa.com. We are excited to advance workforce housing in the community and provide a model of affordable housing development that will be the inspiration of all residents in the broader community. Sincerely, Joel Reed, AICP Southeast Market President Gorman & Company Lf& C 0 M P A N Y 2. BUSINESS PLAN AND APPROACH PROJECT SCOPE The project scope is to develop and construct a cohesive neighborhood within the former Golden Gate Golf Course. We recognized the submission of the reduced size golf course and Top Golf submitted by Big Shots and planned accordingly around that for the time being. If selected, we recommend the County bring all parties to the table to develop the master plan incorporating all uses. The site plan and drawings presented herein are very preliminary and are intended to show massing and capacity on the site. If selected, a more comprehensive design would be put forth for discussion during the master planning stage incorporating varying building types and sizes. The drawings currently show 17 three-story buildings each with 24 units and a mix of one, two, and three bedrooms. Buildings are shown on the two opposite sides of available land taking the "new" golf course design into consideration. Each side of the development has its own amenity area with a pool and fitness center. TIMELINE We recognize Collier County's desire to enter into a master planning stage with Davidson Engineering and its chosen development team. The process of master planning and the approvals of a master plan can vary greatly in duration, but you will find Gorman and team to be extremely efficient and timely. The timeline below offers general guidelines on how quickly the project would move, but it depends on the timing of the master plan, and some of these milestones may be happening simultaneously. • Development Agreement Negotiation Period: 30 to 60 days • Due Diligence Period: 60 days • Master Planning Period: 90-120 days • Design/Design Development/ Construction Documents: 120 days • Building Permits: 90 days • Construction: 18-20 months Lf& C 0 M P A N Y 2. BUSINESS PLAN AND APPROACH SITE SPECIFIC CRITERIA • Proposal contains 408 rental units, which equates to about 13 units per acre depending on total land developed • All dwelling units are multi -family rentals • 336 units set aside for "Essential Service Personnel" with rents set at 80% AMI and 100% AMI levels • 72 units set aside for seniors and veterans with 65 of the units reserved at 60% AMI and 7 of the units reserved at 30% AMI per Florida Housing Finance Corporation's guidelines. • Definition of Essential Service Personnel (ESP) as taken from the Collier County Local Housing Assistance Plan: Those individuals employed in Collier County as teachers, educators, other school district employees, police and fire personnel, health care professional, skilled building trades personnel, and government employees • Resident Verification: Paystub verifying that potential resident works at least 30 hours in Collier County in an occupation that meets the Essential Service Provider definition. • The current site plan is showing three-story buildings on the former golf course. All considerations for height, setbacks, connectivity and compatibility will be taken into consideration with County and community input, if selected. ANY ADDITIONAL INFORMATION We would like to highlight Gorman's experience building workforce housing with similar circumstances in Vail, Colorado. Gorman worked in partnership with Vail Resorts and Eagle County to develop Lion's Ridge, a 114-unit, three story walkup, built without Low Income Housing Tax Credits. Gorman agreed to development multi -family housing at below -market rents and deed restricted the property for residents that could verify they work at least 30 hours per week in Eagle County. Eagle County did not require a particular occupation or income verification, just that the resident fulfilled the 30 hours per in Eagle County requirement. Vail is similar to Naples in that many of the essential employees of Vail have difficulty finding housing close to Vail and end up commuting very far distances. Due to tourism, and many people renting and buying second homes in the area, the available housing stock in Vail is extremely depleted. The housing that is available is very expensive. We see these similarities in Collier County and hope to be a part of the solution to help local working families. We also want to recognize here that our proposal is flexible and we welcome input from the County, if selected. Lf& C 0 M P A N Y 3. SUPPORT OF COMMUNITY OBJECTIVES COMAPATIBLE WITH NEIGHBORS The project scope is to develop mixed -housing within a variety of housing types. There is nothing inherently incompatible between like land uses, such as residential adjacent to residential; however, good planning and design elements can further minimize any perceived issue that relate to compatibility with adjacent existing residential development. For example, prudent use and design of perimeter landscape buffers, setback application, limits on building height in close proximity to neighboring single family, architectural design, and location of primary points of ingress and egress, are all important elements that, when properly applied, will effectively ensure compatibility (or any perceived lack thereof). REDEVELOPMENT GOALS OF GOLDEN GATE CITY The Golden Gate City Vision Statement is, "Golden Gate City is a safe, diverse, family -oriented community that offers easy access to education, parks, shopping and services within a vibrant, walkable community." Even though our housing component of this vision is just one part, it provides one significant opportunity to provide housing that is affordable for essential service personnel, in a location that is convenient to employment, recreation, shopping, and other community services. This project will enhance opportunities for essential service employees and their families to reside in a safe, diverse, and family oriented community with walkable amenities, and it will allow for those whose incomes range from 30% and 100% of the Area Median Incomes (AMI) to coexist in a well -planned community with a diverse mix of housing options. Lf& C 0 M P A N Y 3. SUPPORT OF COMMUNITY OBJECTIVES COMMUNITY HOUSING PLAN (CHP) AND HOUSING AFFORDABILITY The goal of the project is to provide new housing that is affordable for individuals and families whose incomes range from 30% to 100% of the Area Median Incomes (AMI), which is a primary objective of the Collier County CHP. The CHP places a special emphasis on Essential Service Employees (ESPs). This category of employees is vital to every community. The definition of ESP that we are using is taken from the Collier County Local Housing Assistance Plan: Those individuals employed in Collier County as teachers, educators, other school district employees, police and fire personnel, health care professional, skilled building trades personnel, and government employees. According to the CHP, some 40% of families in Collier County are cost -burdened when it comes to housing. HUD defines "cost -burdened" families as those who spend more than 30% of household income on housing. Providing additional rent restricted rental housing is but one piece of the puzzle, but we believe it will be extremely beneficial to the community. Another eye -popping statistic from the CHP is that 40,000 people commute into Collier County daily. This has a significant impact on the Collier County road system during peak hours, while these commuters pay taxes and spend disposable income primarily in the county or city where they live. Certainly, some number of these commuters would prefer to live closer to where they work (in Collier County) but due to the limited supply, are unable to find housing that is affordable. Our proposal provides for a 72-unit building for seniors and veterans with a mix of extremely low income (below 30% AMI) and low income units (below 60% AMI) through Florida Housing 9% Low Income Tax Credit program, as well as a 336-unit building for low income (below 80% AMI) and moderate income (between 80% AMI and 100% AMI), targeted to essential service personnel. Through the ground lease with the Community Land Trust, the housing will have a long-term affordability restriction wherein the cost of housing and income of household are known and monitored for a specific period of time, as per the CHP. According to the Collier County Housing Demand Model (dated 9/1/2017), the majority of the units needed are for those between 30% and 80% AMI, with some also available at the 100% AMI level. This fits with the financial model we are proposing with the majority of the units between 60% and 80% AMI. The unit mix can shift and change moving forward, and eventually will be based on a market study, but the addition of a portion of the units at 100% AMI helps make the project financially feasible. The density also is within the CHP's plan to allow affordable housing to be built up to 16 units per acre. Lf& C 0 M P A N Y 3. SUPPORT OF COMMUNITY OBJECTIVES VISUALS LIEN GATE GOIX COURSE NsriLES, 14-ORMA 40. k- �AliSSTOFFT COONEY ARCTECTS disEinctive inspirational architecture NAELE5 . SABA A . DELBAYBEACH . CABIBEEA 239.262. 7 67 7 SITE PLAN U MW 1 � & C O M P A N Y 3. SUPPORT OF COMMUNITY OBJECTIVES VISUALS GOLDEN GATE GOL9 COURSE XM'L S, n"RWA I1IMIll STOFFT COONEY I ARCHITECTS d lslinrGvr. inspirational architecture "ILL, 1rVITS(7L'A ➢SI,NAYDrACI1 CAHIn-AN 239.262.7677 SITE PLAN - NORTH SECnON & C O M PAN Y 3. SUPPORT OF COMMUNITY OBJECTIVES VISUALS GOLDS MAPLES, PLORIAA c116111 STOFFT COONEY ARCHTTECTS dishctiw inspirational architecture NAPII SATM-lA DELTIAYBEACH CAMBEAN 23 V. 262. 7677 SYIB PLAN - SOLTM SP.CIION �• - ao�bn & C O M P A N Y 3. SUPPORT OF COMMUNITY OBJECTIVES 1l16111_116i l,DIXCOURW PROPOSED IMMU FANIIYRESIDENCE PROF SFM PROW fX"-ATiON PROPOSED REAR F.T.RVA"YYON i/a'=i-o ,Iikllli ST OFFT COONEY ARCHITECTS d itil.lncl.i��u inr:puinl.lunal 11n11ilcciij, h'r us . S.VtA "TA DELD.AYDE.ACH . C,V DDE, [ 239-,262,7677 FT.F.VATION REM P A N Y 3. SUPPORT OF COMMUNITY OBJECTIVES VISUALS GOLDEN GATE GOLFS PROPOSED 111UI.. n FAAM..YRF-SMFZ%-CE UNIT C UNIT B UNIT B UNIT B UNIT B UNIT C UNIT A UNIT A —<> O BX3EL R'4Vx CALCtJl- ATl0T*TS TOTAL NO. OF BUI<.DINGS: 17 Btnl.DING lWAGIIT: g STORIES AMENITIES: 2 CLUB W)USES I±AtC:IfE WYM POOL, SPA. AND FITNESS CENTER TOTAL UNITS: 408 UNITA: s BEDROOM TOTAL NO. OFUNIIS: sot UNIT B. 2 BEDROOM TOTAL NO. OFUNIIS: 204 UPIITC: 3 BEDROOM Mf-VT 1AT T.Wh AL'T�. - ------------- ~FONM) T MC.AL FLOOR PLAN XJNrr LEGEI"M / AREA CAXCUTAMONS UNIT A: s BEDROOM 6 UNITS PER BUUJDNG (2 PER FLOOR) APPROX Igo SQ.FT. EACH UNIT B: 2 BEDROOM 12 UNITS PER BUII DING ( 4 PER FLOOR) APPROX. 925 SQ.FT. EAM UNIT C: 3 BEDROOM 6 UNITS PER BUILDING (2 PER FLOOR) APPROX. so7g SQ.FI. F.AM I��IlliTOFFT LOONEY dialincLive insltirciLiol ial archiLec'Lws N.V S 4: SCI'l:4 ])I.I.Ii:11'ItI.A(.II l'11il nitl ,An 23 2. 2 6.77 PRIOR PT AN Not& CO M PAN Y 4. PAST AND PRESENT EXPERIENCE OF THE FIRM HISTORY Gary J. Gorman started Gorman & Company in 1984 to develop, syndicate, and manage multifamily housing properties. Gorman & Company has become one of the largest and most respected multifamily development firms in the region. Currently Gorman & Company employs over 350 individuals. Gorman & Company has been ranked the 10th largest affordable housing developer nationally by Affordable Housing Finance. With over 100 community revitalization projects in the portfolio, Gorman & Company has experience developing some of the nation's highest quality affordable housing and neighborhood revitalization projects. PHILOSOPHY Gorman & Company works closely with local governments and municipal groups to help cities meet their development, planning, economic and social goals. Gorman's staff brings a broad range of development, design, construction, and real life experience to the development process and applies those skills to solve problems and help communities bring their plans to reality. Gorman & Company has developed innovative and catalytic properties in partnership with communities in Arizona, Arkansas, Colorado, Florida, Illinois, Mississippi and Wisconsin. CORE PURPOSE Initiate strategies and implement solutions to revitalize communities and build strong neighborhoods. CORE VALUES We create and protect the best reputation at all costs We maintain financial discipline to preserve and build long term economic We treat our people as our most important asset strength We provide first class service to our customers at all times We act in an honest, respectful, responsive and professional manner at all We provide value and quality to meet or exceed customer expectations times Lf& C 0 M P A N Y 4. PAST AND PRESENT EXPERIENCE OF THE FIRM ACQUISITION + REHABILITATION I PUBLIC HOUSING REDEVELOPMENT I NEW CONSTRUCTION SPECIAL NEEDS + SUPPORTIVE HOUSING I SENIOR HOUSING + GRANDFAMILY Since 1984, Gorman & Company has specialized in downtown revitalization, historic preservation, mixed -use, live -work, workforce housing, neighborhood transformations, and preservation of affordable housing options. We have been recognized as one of the nation's "Top 50 Affordable Housing Developers' by Affordable Housing Finance and regularly received local and national recognition for our developments. Our team has a proven track record of cultivating successful partnerships with a wide range of groups including municipalities, corporations, housing authorities, nonprofit organizations, private investors, businesses, and community stakeholders. We bring with us our ability to assemble a wide array of resources necessary to tackle challenging development projects all while maintaining the community vision. Of the 100+ projects that we have completed, we have never had a foreclosure, never defaulted, and never had a general partner replaced by the investor. We stand by our commitments. When we receive an RFP award, we enthusiastically deliver on our promises. ■ 11 & C 0 M P A N Y, 4. PAST AND PRESENT EXPERIENCE OF THE FIRM ACQUISITION + REHABILITATION Coffelt-Lamoreaux Apartment Homes I Phoenix, Arizona Gorman & Company in partnership with the Housing Authority of Maricopa County (HAMC) redeveloped and revitalized the historic Coffelt-Lamoreaux Apartment Homes. This 301-unit, 38-acre public housing development was originally built for returning Korean War veterans and migrant farmworkers and now houses low-income individuals, families, seniors and households with disabilities in the Phoenix area. Coffelt underwent a 'gut -rehabilitation'. The redeveloped Coffelt has new streets and sidewalks, new off-street parking bays, underground utilities, new plumbing and electrical, brand new kitchens, baths and appliances, and modernized floorplans. Coffelt was the first project in Arizona to ever be awarded a RAD commitment from the federal government, and has since been added to the National Register of Historic Places. K The Alexander Lofts I Milwaukee, Wisconsin The Alexander Lofts represents an innovative public private partnership between the City of Milwaukee and Gorman & Company. The partnership resulted in a new state of the art library in a historic space along with market rate apartments. Setting a new rent level in the neighborhood will bring in higher incomes into this historic retail area, which is within a highly distressed qualified census tract that experiences crime and unemployment above the national average, and incomes below the national average. This deal would not have happened but for the presence of the library as a stabilizing force and asset in this community. The Colburn I Denver, Colorado The Colburn Hotel is an existing Single Room Occupancy (SRO) subsidized housing community for extremely low-income households. With an affordability period that expired, Gorman acquired the property to prevent it from converting to market rate. The building has been designated on the National Register of Historic Places, and our design and construction teams are working to preserve the history of the building while making physical improvements to the project. The existing tenants represent some of the most vulnerable households in Denver, with more than 90% of residents having incomes below 30% of the Area Median Income. Deep affordability for all residents will be preserved through a long-term project - based rental subsidy contract. Lf& It a oj. I V_ *"-I I C 0 M P A N Y 4. PAST AND PRESENT EXPERIENCE OF THE FIRM PUBLIC HOUSING REDEVELOPMENT Madison Heights I Avondale, Arizona Madison Heights is the first public housing project in Arizona ever to be converted to Project -Based Rental Assistance (PBRA) under HUD's Rental Assistance Demonstration (RAD) program. The Housing Authority of Maricopa County, in partnership with Gorman & Company, leveraged nearly $30 million in public and private financing to completely redevelop 143 units of public housing. The process for the redevelopment of Madison Heights began with the development of a Health Impact Assessment (HIA), funded in part by LISC Phoenix, the Robert Wood Johnson Foundation and the Pew Charitable Trust. This process allowed the development team to partner with the existing residents to craft a new future for Madison Heights, with healthy living as a leading concept. The Grove at Keith Creek I Rockford, Illinois The Grove at Keith Creek consists of new construction of 49 units of family housing on a vacant infill lot in a mixed use neighborhood on Rockford's east side. The project is a mixed -income community comprised of replacement housing for the first phase of the redevelopment of Fairgrounds Valley public housing project converted to Project Based Rental Assistance units under HUD's RAD program. These units include a percentage designated as permanent supportive housing for households with physical or mental disabilities at incomes below 30% AMI. The project also incorporates six unassisted low-income units targeted at 60% AMI income levels. Hilltop Landings I Dade City, Florida Working in partnership, the Pasco County Housing Authority and Gorman & Company moved the Section 8 contract on Dade Oaks to a new property known as Hilltop Landings. The existing Dade Oaks was built in 1982, located slab -on -grade, and flooded constantly. The new site, Hilltop Landings, is a significant improvement simply in that it does not flood. The 12-acre parcel consists of 35 duplex buildings, a community room with warming kitchen, community gardens, and a recreational area complete with a playground. Le W 0 M P R N Y 4. PAST AND PRESENT EXPERIENCE OF THE FIRM SPECIAL NEEDS + SUPPORTIVE HOUSING Esperanza En Escalante I Tucson, Arizona In partnership with Esperanza En Escalante, co- developer and social service provider, Gorman & Company developed 44 units of housing to serve chronically homeless veterans in Tucson and Pima County. This development, known as Esperanza En Escalante, is located on a 17-acre campus which was once a site that stored stockpiles of weapons for the U.S. military during World War I and II. Gorman and the service provider worked with the City of Tucson to secure forty (40) Section 8 Project -Based Vouchers (PBV's) to support the rental assistance needs. The Elisabetta I Denver, Colorado The Elisabetta is a new construction, mixed -use development incorporating supportive social services for disabled residents. The building will set aside 25% of the units for disabled residents and will include 12,500 square feet of space on the first floor for the Laradon Hall Society for Exceptional Children a nd Adults (Laradon), which will be the service provider. The site is owned by and located across the street from Laradon. The development will also include 91 units of much -needed affordable housing for residents earning 30%, 50% and 60% AMI. The Laradon Campus is located in the Globeville neighborhood, which is defined by the City of Denver as an Area Vulnerable and Susceptible to Gentrification. Laradon Homes has received an allocation from CHFA for 4% and State LIHTC and a commitment for 22 Section 811 vouchers. `= Jane Addams Park Apartments I Rockford, Illinois Jane Addams Park Apartments is a supportive housing development focused on physically and mentally disabled individuals. It is constructed on a park -like site near downtown Rockford. The development is a partnership with the Rockford Housing Authority and includes a thirty-eight unit, state of the art, supportive housing facility focused on physically and mentally disabled individuals. The remainder of the Jane Addams site includes features such as community garden plots, walking paths, and a playground. The site consists of a variety of buildings. One 16-unit building anchors the corner and houses the common space as well. The remaining 22 units are made up of 7 two- or four -unit buildings built in such a way to look like single family homes. These building are designed to fit the historic nature of the neighborhood. Amenities include a community room, reading room, technology room, health care room, consulting offices, exercise room, and storage units. W0 M P R N Y 4. PAST AND PRESENT EXPERIENCE OF THE FIRM SENIOR HOUSING + GRANDFAMILY Paradise Point I Key Largo, Florida Paradise Point Senior Housing is an affordable housing development located in Key Largo at Mile Marker 106 in the Florida Keys. The development incorporates 42 units of senior housing, including one on -site manager's unit. The site is adjacent to a Winn -Dixie grocery store and pharmacy. Paradise Point will provide much -needed quality affordable housing for seniors in the Florida Keys. The development will include services and accessible features for its senior residents. Amenities include a community room, library, fitness center, service provider office, and walking paths Generations at West Mesa I Albuquerque, New Mexico Dr. Wesley L. Scott Senior Living Community I Milwaukee, Wisconsin Dr. Wesley L. Scott Senior Living Community provides 80 units of high - quality, affordable housing to seniors age 55 and better, and gives former area residents the opportunity to return and participate in the revitalization of their former neighborhood. Dr. Wesley L. Scott Senior Living Community provides unique and first rate independent homes for seniors. Dr. Wesley L. Scott combines the adaptive reuse of an existing, historic building with a newly -constructed four-story addition. This development was done in partnership with the Milwaukee Urban League, who helped focus our efforts on hiring minorities working on the project, and bringing emerging minority businesses into the development. Generations at West Mesa is a newly constructed senior-intergenerational multi -family development consisting of 54 units. This project serves households earning 30%, 50%, and 60% of the Area Median Income, as well as nine market rate units, and eleven units covered by Section 8 Project -Based Vouchers. At the heart of the development is a community building including property management and social service coordinators. There is a communical kitchen, multipurpose classroom, community pantry, conference room, computer room, and fitness/wellness area. Enrichment services are provided on -site to all residents at no cost. Child care and after -school programming services are available to all children. Lf& C 0 M P A N Y 4. PAST AND PRESENT EXPERIENCE OF THE FIRM NEW CONSTRUCTION Carbon at Union Corners I Madison, Wisconsin Carbon at Union Corners is an integral part of the overall Union Corners master development. Other phases on the site are to include a UW Health clinic, neighborhood retail, intergenerational housing targeted to grandfamilies, and market rate apartments. The 90-unit development is part of a mixed -use residential and neighborhood retail complex that includes two buildings connected by a pedestrian plaza, 20,000 SF of ground floor retail space, 76 affordable and 14 market -rate units, and 96 underground parking stalls. This development will also include an integrated supportive housing component in partnership with Lutheran Social Services that will target area veterans. Terraza del Sol I Denver, Colorado Terraza del Sol was Gorman & Company's first project in Metro Denver. Starting out as a blighted lot in the Westwood neighborhood, this area was long recognized as one of Denver's most underserved neighborhoods. The beneficiaries of Terraza del Sol are 42 individuals and families which inhabit the one, two and three room, energy efficient apartments. Mi Casa Resource Center occupies first floor commercial space in the building, which adds an additional benefit to the local residents and community. The Family Economic and Education Center on the main floor of the building provides a social services and launch pad for small businesses and careers. Valor on Eighth I Tempe, Arizona Valor on Eighth was developed in partnership between Gorman & Company, the City of Tempe and ARM of Save the Family Foundation. Located a stone's throw from a Valley Metro Light Rail station, this development provides affordable housing as well as extensive supportive services targeting female veterans and veteran families with children. While there are several veteran housing developments and veteran housing service providers that exist throughout the valley, these developments and services almost exclusively target the single adult veteran population. Valor on Eighth offers quality housing and supportive services for female veterans and their families, which is currently a severely under - served segment of the Arizona population. Lf"pokazor-ool 0 M P A N Y 4. PAST AND PRESENT EXPERIENCE OF THE FIRM- DEVELOPER PORTFOLIO WISCONSIN Wisconsin Project Contacts: Developer: Ted Matkom 414-617-9997 — tmatkom@gormanusa.com Architect: Patrick Patrello 608-835-6339 — ppatrello@gormanusa.com Construction: Ron Swiggum 608-835-5573 — rswiggum@gormanusa.com Property Management: Laura Narduzzi 608-835-6334 — Iarduzzi@gormanusa.com 10MENNEEKONEW ► & C 0 MP A N Y 4. PAST AND PRESENT EXPERIENCE OF THE FIRM- DEVELOPER PORTFOLIO WISCONSIN Number of Units Unit Types : 'IIncome ' Restrictio 1' .• ►DevelopmentTvae • Mixed Use Selected as Developer Closing Placed in Service Aug 2011 Villard Square GrandFamily Milwaukee 3427 W. Villard Ave. Milwaukee, WI Villard Square GrandFamily Milwaukee is a mixed -use development that addresses two strong needs in Northwest Milwaukee — relocation of a neighborhood library that was housed in a building that was failing, and housing for families where grandparents are the primary caregivers for their children's' kids. The project consists of 47 apartments and a branch of the Milwaukee Public Library. Gorman & Company and Northwest Side CDC partnered with the Milwaukee Public Library System to complete the project. Amenities include a movie theatre, rooftop garden, playground, fitness center, beauty salon, business center and counseling lounge. Financing Sources and Amounts Lfp!�0 M P A N Y 4. PAST AND PRESENT EXPERIENCE OF THE FIRM- DEVELOPER PORTFOLIO WISCONSIN The Brewhouse Inn & Suites 1215 N. 10th Street Milwaukee, WI fiat �rW ............ 3roject Details Key Dates • - ' • • 90 Selected as Developer 2009 • - of Rooms Extended -Stay Suites Closing 2011 - - • • • - Hotel Grand Opening June 2013 The Brewhouse Inn & Suites is part of downtown Milwaukee's newest sustainable neighborhood known as The Brewery. For more than 150 years, the Pabst Brewery was a main focal point of downtown Milwaukee. The brewery closed its doors in 1996, leaving an uncertain future for the downtown block that it occupied. In 2006, the brewery complex was purchased by philanthropist Joseph Zilber's investment group to create The Brewery, a complex that will house residential, office and retail space —and with the Brewhouse Inn and Suites, a 90-room all -suite green hotel, as the flagship project. The Brewhouse Inn & Suites consists of two historic buildings located within the historic Pabst Brewery district. The buildings date back to the late 1800's. With over 132,000 total square feet of space to utilize, The Brewhouse allows for an opportunity to mix both commercial and hotel space. The hotel includes 90 guest suites and a restaurant on the first floor. Financing Sources and Amount $15,000,000 $4,445,000 $1,000,000 $1,755,000 $14,150,000 $22,275,000 & C 0 M P A N Y 4. PAST AND PRESENT EXPERIENCE OF THE FIRM- DEVELOPER PORTFOLIO WISCONSIN all 1BR, 2BR, 3BR 30%, 50%, 60% AMI, Market Affordable Renta Mixed Use 19 Selected as Developer Closing Mar 2016 Placed in Service Jul 2017 Carbon at Union Corners 2504 Winnebago St., Madison, WI Carbon at Union Corners is an integral part of the overall Union Corners master development. Other phases on the site are to include a UW Health clinic, neighborhood retail, intergenerational housing targeted to grandfamilies, and market rate apartments. The 90-unit development is part of a mixed -use residential and neighborhood retail complex that includes two buildings connected by a pedestrian plaza, 20,000 SF of ground floor retail space, 76 affordable and 14 market -rate units, and 96 underground parking stalls.. This development will also include an integrated supportive housing component in partnership with Lutheran Social Services that will target area veterans. $5,445,000 $8,669,046 $1,000,000 $850,000 $554,000 000 125 Lf& C 0 M P A N Y 4. PAST AND PRESENT EXPERIENCE OF THE FIRM- DEVELOPER PORTFOLIO WISCONSIN Northside Homeowners Initiative Phase II Project Details -,' 30 3BR, 4BR 50%, 60% AM I Affordable Rental Acquisiting & Rehab Selected as Developer 2012 Closing Placed in Service Dec 2013 Scattered Site, Milwaukee, WI Northside Homeowners Initiative II is an acquisition and rehabilitation project that addresses one of the most prevalent problems that the City of Milwaukee is facing today: foreclosed properties. The City of Milwaukee's inventory of foreclosed homes that it has acquired over the past several years due to property tax foreclosure has increased dramatically. This project included the acquisition and renovation of 30 foreclosed and vacant single family homes, restoring them to the City's property tax roll. This is the fifth phase of Gorman's Northside Housing Initiative. The large single family homes are ideal for working families and will further the City's efforts to further stabilize these neighborhoods while providing quality affordable housing and preserving the character of the community. $875,999 $181,501 $5,999,368 $500,000 $5,812,082 $7,556,879 Lf& C 0 M P A N Y 4. PAST AND PRESENT EXPERIENCE OF THE FIRM- DEVELOPER PORTFOLIO ILLINOIS Illinois Project Contacts: Developer: Ron Clewer 815-847-0347 — rclewer@gormanusa.com Architect: Patrick Patrello 608-835-6339 — ppatrello@gormanusa.com Construction: Ron Swiggum 608-835-5573 — rswiggum@gormanusa.com Property Management: Laura Narduzzi 608-835-6334 — Inarduzzi@gormanusa.com WpLokazz-olm 0 M P A N Y 4. PAST AND PRESENT EXPERIENCE OF THE FIRM- DEVELOPER PORTFOLIO ILLINOIS 69 1BR, 2BR, 3BR 30%, 50%, 60% AM Affordable Rental Selected as Developer Closing Placed in Service 2007 Feb 2012 Moline Enterprise Lofts 1871 River Drive, Moline, IL Moline Enterprise Lofts, located in the Quad Cities at the Illinois and Iowa border, is a mixed -use, mixed -income, 69-unit "live - work" development. It is designed to serve up-and-coming entrepreneurs and other members of the region's evolving "creative class." The development is the result of an innovative partnership that includes the city, the local Housing Authority, a business -focused nonprofit organization, and three of the region"s largest employers. The development features live -work units that have commercial street entrances, activating the street and allowing small business owners to combine their office, studio, and residence in one place. Amenities include a presentation room, conference rooms, theatre, fitness center, community room and business center. Financing Sources and Amounts $1,600,000 $2,377,931 $301,621 $6,541,910 Lf& C 0 M P A N Y 4. PAST AND PRESENT EXPERIENCE OF THE FIRM- DEVELOPER PORTFOLIO The Grove at Keith Creek ILLINOIS 690 S New Towne, Rockford, IL on Numbe49 2BR, 3BR 30%, 50%, 60% AM Affordable Rental Acquisition & Rehab Selected as Developer Closing Placed in Service 2015 Jun 2016 Aug 2017 Fairgrounds Redevelopment Phase I consists of new construction of 49 units of family housing on a vacant infill lot in a mixed use neighborhood on Rockford's east side. The project will be a mixed - income community comprised primarily of replacement housing for the first phase of the redevelopment of Fairgrounds Valley public housing project converted to Project Based Rental Assistance units under HUD's Rental Assistance Demonstration (RAD) program. The project will include 19 two bedroom units and 30 three bedroom units. These units will include a percentage designated as permanent supportive housing for households with physical or mental disabilities at incomes below 30% AMI. The development of off -site replacement housing will further fair housing goals to de -concentrate poverty in Rockford and dramatically improve the living conditions for the Fairgrounds Valley residents who are currently living in subpar housing isolated from community assets. The remaining Fairgrounds Valley units will be redeveloped in subsequent phases. Financing Sources and Amount $12,469,0M $1,500,000 $1,400,000 $682,639 Total Project Construction Costs 1 • Total Project Development Costs • 1 • Lf& C 0 M P A N Y 4. PAST AND PRESENT EXPERIENCE OF THE FIRM- DEVELOPER PORTFOLIO ILLINOIS �i I Project Details Number of Units Unit Types Income Restrictions �' • �' • • �' • ► Development Type • • . • - ' - Key Dates Selected as Developer Closing Jan 2018 Placed in Service June 2019 Garfield School Senior Residences 1518 25th Avenue, Moline, IL Garfield School Senior Residences will encompass the historic redevelopment of the former Garfield Elementary School, which was phased out of operations at the end of the 2014- 2015 school year. The project will create 57 units of high - quality and affordable senior housing targeted to low- and moderate -income residents ages 55 and up. The project will have linkages to supportive housing services and transportation, and the project will also contain quality amenities atypical for senior housing in the area. Of the 57 total units, 9 will be further targeted and designated as permanent supportive housing and, with local partners, will also serve veterans and frail elderly. This project is located in a single family residential area and close to neighborhood assets and amenities. $11,180,004 $1,276,236 $500,000 $466,638 $9,247,545 $13,421,818 Lf& It a zj. I F_ *"-I I C 0 M P A N Y 4. PAST AND PRESENT EXPERIENCE OF THE FIRM- DEVELOPER PORTFOLIO ARIZONA Arizona Project Contacts: Developer: Sally Schwenn 602-354-3749 — sschwenn@gormanusa.com Architect: Patrick Patrello 608-835-6339 — ppatrello@gormanusa.com Construction: Ron Swiggum 608-835-5573 — rswiggum@gormanusa.com Property Management: Laura Narduzzi 608-835-6334 — Iarduzzi@gormanusa.com i �amm► -0- g & C 0 M P ANY, 4. PAST AND PRESENT EXPERIENCE OF THE FIRM- DEVELOPER PORTFOLIO ARIZONA Escobedo at Verde Vista Phase I and II 125 E. University Drive, Mesa, AZ Escobedo at Verde Vista was built on the site of a blighted, vacant and boarded -up former public housing development just north of downtown Mesa. The project's co -developer was ARM of Save the Family Foundation, a certified Community Housing Development Organization (CHDO). The resident service provider is Save the Family, an affiliate of ARM. On -site services to be provided to residents of the development and the surrounding neighborhood include a before -and - after school program, computer training, financial literacy, and job placement services. The ultimate goal is to develop this project as a tax credit -financed rental community, with the intention of converting 100% of all of the units to tenant ownership at Year 15 as a way to build financial capital of low and very low income households in this area. Amenities include a multi -purpose building for before -and -after school programs, computer lab and training center, fitness center, theatre, playground, tot lots, picnic areas, swimming pool and wi-fi. Financing Sources and Amounts — Phase I VON- L Financing Sources and Amounts — Phase 11 Key Dates First Mortgage $498,410 Section 42 — LIHTC — 9% 12,023,359 Phase I — 70 Selected as Developer 2012 $14,676,992 First Mortgage $400,000 Phase II — 62 1BR, 2BR, 3BR Closing Phase I - Oct 2012 Deferred $419,822 Mesa HOME $300,000 Phase II —Aug 2014 AZ Behavioral Health Grant $440,876 Deferred Developer Fees $14,082 40%, 50%, 60% AMI Placed in Service Phase I — Nov 2013 Total Project Construction Costs $12,591,407 Total Project Construction Costs $9,359,322 Phase II — Oct 2015 Total Project Development$17,011,279 Total Project Development Costs $12,737,441 Affordable Rental . Lf& C 0 M P A N Y 4. PAST AND PRESENT EXPERIENCE OF THE FIRM- DEVELOPER PORTFOLIO ARIZONA Project Details . �. Number of Units Phase I — 77 Selected as Developer 2014 Phase 11— 66 • 1BR Closing Sept 2015 Income30%, 50%, 60% Placed in Service Phase I — Dec 2016 AMI Phase 11— Nov 2016 • • Affordable Rental Madison Heights Phase I and II 1102 N 6th PI, Avondale, AZ Madison Heights gave Gorman & Company a unique opportunity to redevelop a severely dilapidated, post -World War II -era public housing project and turn it into a viable neighborhood, rich with community partnerships and on -site services. This project represents the first successful public housing transformation completed in Arizona under HUD's Rental Assistance Demonstration (RAD) program and was one of the first in the U.S. to involve the transfer of assistance of three dilapidated public housing sites into one new location. The site of the newly redeveloped Madison Heights development is within a stone's throw from several major schools, including Agua Fria High School, which shares a fence with our property. Also nearby to our site are city parks, mixed -use employment hubs, grocery stores, churches and community amenities including a DES family service center. The site is within X mile of two high capacity bus lines as well. The previous public housing locations lacked any of these neighborhood amenities and had no access to public transportation. $14,228,289 Section 42 - LIHTC - 9% Tax Credits $12,050,062 $1,410,540 First Mortgage $1,521,500 $320,000 HOME Funds $200,000 $715,528 SHF $509,274 $11,780,159 Total Project Construction Costs $9,429,569 $16,674,357 Total Project Development Costs $13,702,194 1 M r , & C 0 M P A N Y 4. PAST AND PRESENT EXPERIENCE OF THE FIRM- DEVELOPER PORTFOLIO ARIZONA ►► 30%, 50%, 60% AM Affordable Rental ,ey Dates Selected as 2015 Developer Closing 2016 Placed in Service Jun 2017 Esperanza En Escalante 3700 S. Calle Polar, Tucson, AZ Esperanza En Escalante is designed to serve chronically homeless veterans in Tucson and Pima County. This project is located on a 17-acre campus and delivers 44 new units of permanent supportive housing in addition to 75 existing units of two-year transitional housing on site. The units will be 100% accessible to the physically disabled and 80% of the units will house veterans aged 55 and over. There are large, open -space amenities such as a ramada with barbecue grills and picnic tables, as well as a large multi -purpose community room with space for case management and counseling, and medical services. Co -developer Esperanza En Escalante, a non-profit housing development and social service provider, will assist residents in becoming self-sufficient, achieving and maintaining independent living, and embracing healthy and positive lifestyle choices. Services include case management, transportation, wellness programs, job readiness groups, assistance in obtaining earned benefits, counseling, nutrition education and other individual services as necessary. They will also provide basic on -site health services with monthly wellness checks, assistance managing medications, making appointments and assistance applying for VA and SSA disability benefits. Section 42 - LIHTC - 9% Tax Credits First Mortgage City HOME Funds .: off Home Depot of off AHP Total Development Costs Lf& C 0 M P A N Y 4. PAST AND PRESENT EXPERIENCE OF THE FIRM- DEVELOPER PORTFOLIO ARIZONA 50 1BR, 2BR, 3BR 40%, 50%, 60% AMI, Market Affordable Rental Selected as 2014 Developer Closing Oct 2016 Placed in Service Oct 2017 Valor on Eighth 1001 E. 8th St., Tempe, AZ Gorman & Company, in partnership with the City of Tempe and The ARM of Save the Family Foundation, is developing Valor on Eighth which will provide affordable housing as well as extensive supportive services targeting female veterans and veteran families with children. What sets this veteran housing development apart is that most others in the valley target single males while Valor on Eighth is built for individuals and families alike. Our supportive service provider, Save the Family Foundation, will be providing on -site services focused on the needs of our residents, including before and after school care, computer training, job training and search assistance, credit and financial counseling, as well as a plethora of other services. Common area amenities will include a park area on the ground floor with a playground, picnic tables, grills and bike racks, along with a second floor hardscaped amenity deck overlooking the park area. $1,430,000 $11,329,000 $318,722 $750,000 $499,288 $10,615,352 $14,327,020 Lf& C 0 M P A N Y 4. PAST AND PRESENT EXPERIENCE OF THE FIRM- DEVELOPER PORTFOLIO FLORIDA Florida Project Contacts: Developer: Joel Reed 404-403-2925 — ireed@gormanusa.com Architect: Patrick Patrello 608-835-6339 — ppatrello@gormanusa.com Construction: Ron Swiggum 608-835-5573 — rswiggum@gormanusa.com Property Management: Laura Narduzzi 608-835-6334 — Iarduzzi@gormanusa.com �•a zj. I ► -I I & C 0 M P A N Y 4. PAST AND PRESENT EXPERIENCE OF THE FIRM- DEVELOPER PORTFOLIO FLORIDA Project Details Key Dates Selected36 as 2007 Developer 1BR, 2BR, 4BR Closing Oct 2010 30%, 60% AM Placed in Service Aug 2011 Affordable Rental Blue Water Workforce Housing 100 Burton Drive, Tavernier, FL Blue Water Workforce Housing is a 36 unit development on a 2.7 acre site on Tavernier Key. Gorman & Company teamed with Duany Plater-Zyberk (DPZ), an internationally renowned architectural and planning firm that focuses on creating innovative design approaches for affordable housing. The property helps to address a critical need for affordable workforce housing in the Florida Keys. Amenities include a clubhouse with library, computer lab, onsite management office, tot lot and car care area. $6,254,375 $1,800,000 $205,228 $5,680,665 $8,259,603 Lf& It a zj. I F- *"-I I C 0 M P A N Y 4. PAST AND PRESENT EXPERIENCE OF THE FIRM- DEVELOPER PORTFOLIO FLORIDA 9.1 36R 30%, 60% AM U11074F17[4:� 11 07 Selected as 2012 Developer Closing Placed in Service Apr 2014 Wet Net Villas Workforce Housing 81101 Overseas Highway, Islamorada, FL Wet -Net Villas is a 36-unit development located in Islamorada in the Florida Keys. The project is designed to serve as high -quality, affordable rental housing for the Village's workforce. The project is located on Village -owned land and is situated in 18 duplexes with carports for each unit. Wet Net Villas is adjacent to Overseas Highway at Mile Marker 81, the major highway through the Florida Keys. The Village of Islamorada consists of five islands in the chain of islands comprising the Keys. This area includes restaurants and small stores all within a half mile of Wet Net Villas. Amenities include a community room, library and computer lab. Financing Sources and Amount $1,970,382 $8,820,000 $1,212,322 $9,081,737 $12,823,514 Lf& C 0 M P A N Y 4. PAST AND PRESENT EXPERIENCE OF THE FIRM- DEVELOPER PORTFOLIO FLORIDA 1BR, 2BR, 3BR, 4BR 50%, 60% AM I U115 1017[�:�F11 Selected as 2012 Developer Closing Placed in Service Jun 2016 Hilltop Landings Apartments 15641 14th Street, Dade City, FL Hilltop Landings is the new site previously known as Dade Oaks. Dade Oaks was a 69-unit, Section 8 property located in Dade City, Florida, a rural area approximately 45 minutes northeast of the Tampa airport. The buildings were built in 1982 and located slab -on -grade in what is reported to be a former lake bed. As a result, the property suffered from continual flooding in the rainy season and required several hundred sandbags to keep the water out of the apartment units. In addition, the buildings and infrastructure were obsolete. Gorman worked in partnership with the Pasco County HA to move the Section 8 contract to a new property. The new site is a significant improvement over the former Dade Oaks. The 12- acre parcel is situated approximately three-quarters of a mile up the road from the previous site, does not flood, and will not require flood insurance. The new project consists of 35 duplex buildings and amenities including a community room, Officer Friendly/social services office, management office, community gardens, and a playground. Financing Sources and Amount $5,241,690 $4,500,000 $1,750,000 $3,300,000 $440, 514 Lf& C 0 M P A N Y 4. PAST AND PRESENT EXPERIENCE OF THE FIRM- DEVELOPER PORTFOLIO FLORIDA 100 2BR, 3BR, 4BR 30%, 60% AM Affordable Rental Selected as Developer Closing Placed in Service 7/25/16 12/1/17 Modello Homes 15302 SW 282nd St, Homestead, Florida Modello is a new -construction development formerly home to a 120-unit public housing development that was vacant for years and recently demolished. The planned re -development of this property involves a three- phase approach. This first phase of Modello consists of 100 apartment units within two 3-4 story buildings, focused on housing families. Services will be available on -site to support these families and to offer referrals and linkages to needed social services. Modello is being developed consistent with the Leisure City Urban Center District design code and master plan. It embraces new urbanism concepts by extending and re -opening the surrounding neighborhood street grid. Modello Park and community center are within walking distance and a grocery store, school, and medical facility are all less than a mile from the property. This 100-unit project will have a combination of (20) ACC units and (80) Section 8 units. Units and common areas will feature modern amenities with energy efficient lighting, HVAC, and appliances. Space will be available for social services providers and residents will have access to a shared community room, warming kitchen, fitness center, computer lab, and playground. Financing Sources and Amounts $11,165,000 $11,357,192 $5,070,852 $90,000 $19,970,685 $27,683,044 Lf& C 0 M P A N Y 4. PAST AND PRESENT EXPERIENCE OF THE FIRM- DEVELOPER PORTFOLIO COLORADO Colorado Project Contacts: Developer: Kimball Crangle 303-459-40505 — kcrangle@gormanusa.com Architect: Patrick Patrello 608-835-6339 — ppatrello@gormanusa.com Construction: Ron Swiggum 608-835-5573 — rswiggum@gormanusa.com Property Management: Laura Narduzzi 608-835-6334 — Inarduzzi@gormanusa.com ' I IL s _ - a Dal 1 } c Y 1 9' Lf"pstiour-olm O M P A N Y 4. PAST AND PRESENT EXPERIENCE OF THE FIRM- DEVELOPER PORTFOLIO COLORADO Project Details Number of Units Unit Types Income Restrictions Development Type - - ' - -ter; -� _ �;�,• x: Selected as Developer Closing Placed in Service 2016 Lion's Ridge 1280 N. Frontage Rd, Vail, CO Lion's Ridge Apartment Homes consists of 114 units of market - rate workforce -housing. The development is deed -restricted as housing for people who work in the Town of Vail and Eagle County, Colorado. This newly -constructed development replaces a dilapidated affordable -rental property, owned by the Town of Vail. The project was made possible by critical support from the Town of Vail, which donated the land to the project after paying off the existing debt and leaving the land free and clear of any liens. The project was completed in four phases, with the first phase (2 buildings) completed in October 2015, and the full project (2 additional buildings) completed in Spring 2016. Private Investment $21,377,000 $4,640,000 $413,923 $950,000 $27,380,923 $21,377,000 $4,640,000 $413,923 Lf& C 0 M P A N Y 4. PAST AND PRESENT EXPERIENCE OF THE FIRM- DEVELOPER PORTFOLIO Terraza del Sol Apartments COLORADO 3116 West Alameda Ave, Denver, CO 42 1BR, 2BR, 3BR 30%, 40%, 50%, 60% AM Affordable Rental Mixed Use Selected as Developer Closing Placed in Service 2014 Aug 2015 Dec2016 Terraza del Sol Apartments was designed to serve the Westwood Neighborhood and provides new affordable housing in a neighborhood that has not experienced development in decades. The building embraces healthy living goals and includes a fitness room, interior bike storage and a large outdoor terrace with gathering and play space for families. The project provides a new headquarters for Mi Casa Resource Center, an established community social services provider bringing invaluable scope and breadth of human social services and Totraining resources to the region and beyond. Mi Casa will deliver extensive services to the residents of Terraza del Sol and greater Denver to empower families to achieve their goals of economic independence. Mi Casa's overarching mission is to increase the education, employability, knowledge and life skills of those served, empowering them to trade poverty for lasting economic stability and to flourish for generations. I Financing Sources and Amounts Section 42 - LIHTC - 9% Tax Credits • First Mortgage State of Colorado HDG Funds off City of Denver HOME Funds off Denver Urban Renewable Authority (DU RA) TI of so Developer Self -Financing Total Project Construction Costs • Total Project Development Costs Lf& C 0 M P A N Y 4. PAST AND PRESENT EXPERIENCE OF THE FIRM- DEVELOPER PORTFOLIO COLORADO Project Details Number of Units 1BR, 2BR, 3BR 30%, 50%, 60% AM Affordable Rental Mixed Use Selected as Developer Feb 2015 Closing Jun 2016 Placed in Service Jan 2018 Alto Apartments 3033 W. 71st Ave, Westminster, CO Alto is a mixed -use, transit -oriented development incorporating affordable housing and commercial space for the Adams County Housing Authority (ACHA) and the Center for Career and Community Enrichment (3CE). Gorman & Company is acting as a turnkey developer to develop 70 very -low and low-income units in South Westminster. With frontage along Federal Boulevard, the site offers easy access to the commuter rail, thus seen as a catalytic project for the new RTD commuter FasTracks station (Westminster Station). ACHA and 3CE will provide over 30 dedicated staff people on a full time basis. Services provided will include access to jobs, housing, parenting classes, educational classes and health services. A public computer lab with high speed internet access, phone, and a fax machine helps participants overcome barriers to employment. $14,750,000 $4,000,000 $1,600,000 $4,667,340 $727,418 $2,100,000 $28,000,000 Lf"pokazz-o"m 0 M P A N Y 4. PAST AND PRESENT EXPERIENCE OF THE FIRM- DEVELOPER PORTFOLIO COLORADO al 1BR, 2BR, 3BR 30%, 50%, 60% AM Affordable Rental Mixed Use MTEMA Selected as Developer Closing Placed in Service 2017 Apr 2018 Ll Laradon Homes 5120 N Broadway Street, Denver, CO Laradon Homes is a new construction mixed -use development in Denver, Colorado, incorporating supportive social services for disabled residents. The building will set aside 25% of the units for disabled residents and will include 12,500 square feet of space on the first floor for the Laradon Hall Society for Exceptional Children and Adults (Laradon), which will be the service provider. The site is owned by and located across the street from Laradon. The development will also include 91 units of much -needed affordable housing for residents earning 30%, 50% and 60% AMI. The Laradon Campus is located in the Globeville neighborhood, which is defined by the City of Denver as an Area Vulnerable and Susceptible to Gentrification. Laradon Homes has received an allocation for 4% and State LIHTC from CHFA and a commitment for 22 Section 811 vouchers. Financing Sources and Amount Section 42 - LIHTC - 4% Tax Credits State LIHTC First Mortgage City of Denver State of CO HOME • off State of CO CH I F Commercial Tls (Laradon) off off Deferred Developer Fee I & a $26,195,683 Lf& C 0 M P A N Y 4. PAST AND PRESENT EXPERIENCE OF THE FIRM REFERENCES - HOUSING AUTHORITY OF MARICOPA COUNTY Project Number of Days: N/A Solicitation: 20-7698 )mpany: Housing Authority of Maricopa County (Evaluator's Company completing reference) Telephone: 602-744-4542 Ability to manage the project costs (minimize change orders to scope). 10 Ability to maintain project schedule (complete on -time or early). 10 Quality of work. 10 Quality of consultative advice provided on the project. 9 Professionalism and ability to manage personnel. 10 Project administration (completed documents, final invoice, final product turnover; invoices; manuals or going forward documentation, etc.) 9 Ability to verbally communicate and document information clearly and succinctly. 9 Ability to manage risks and unexpected project circumstances. 10 Ability to follow contract documents, policies, procedures, rules, regulations, etc. 8 Overall comfort level with hiring the company in the future (customer satisfaction). 10 TOTAL• ' OF 95 LfIt a oj. I V_ *"-I I & C 0 M P A N Y 4. PAST AND PRESENT EXPERIENCE OF THE FIRM REFERENCES - MONROE COUNTY Project Number of Days: N/A Solicitation: 20-7698 Company: Monroe County (Evaluator's Company completing reference) Telephone: 305-453-8787 Criteria Ability to manage the project costs (minimize change orders to scope). 10 Ability to maintain project schedule (complete on -time or early). 10 Quality of work. 10 Quality of consultative advice provided on the project. 10 Professionalism and ability to manage personnel. 10 Project administration (completed documents, final invoice, final product turnover; invoices; manuals or going forward documentation, etc.) 10 Ability to verbally communicate and document information clearly and succinctly. 10 Ability to manage risks and unexpected project circumstances. 10 Ability to follow contract documents, policies, procedures, rules, regulations, etc. 10 Overall comfort level with hiring the company in the future (customer satisfaction). 10 TOTAL• ' OF 100 Lf& It a oj. I V_ *"-I I C 0 M P A N Y 4. PAST AND PRESENT EXPERIENCE OF THE FIRM REFERENCES -VILLAGE OF ISLAMORADA Project Number of Days: N/A Company: Village of Islamorada (Evaluator's Company completing reference) FAX: Telephone: 305-664-6445 Ability to manage the project costs (minimize change orders to scope). Ability to maintain project schedule (complete on -time or early). Quality of work. Quality of consultative advice provided on the project. Professionalism and ability to manage personnel. Project administration (completed documents, final invoice, final product turnover; invoices; manuals or going forward documentation, etc.) Ability to verbally communicate and document information clearly and succinctly. Ability to manage risks and unexpected project circumstances. Ability to follow contract documents, policies, procedures, rules, regulations, etc. Overall comfort level with hiring the company in the future (customer satisfaction). TOTAL•ROF N/A 10 10 N/A 10 10 10 10 10 10 80 (2 N/A) Lf& C 0 M P A N Y 4. PAST AND PRESENT EXPERIENCE OF THE FIRM REFERENCES - VILLAGE OF ISLAMORADA - SUPPLEMENT Supplement to Collier County Reference Questionnaire Re: Gorman & Company, Inc. — Managing Member of Wet -Net Villas Workforce Housing, LLC In December 2011, Gorman & Company, Inc., Managing Member of Wet -Net Villas Workforce Housing, LLC, entered into a 99-year Ground Lease Agreement with Islamorada, Village of Islands, to develop property owned by the Village for affordable/workforce housing. Under the terms of the Agreement, Gorman was responsible for the costs to construct the 36-unit development. They have also been responsible for paying applicable permit fees, ad -valorem taxes, non -ad valorem assessments and the costs of ongoing repairs and maintenance. Gorman paid the Village an initial rent of $200,000.00 and continues to pay $20,000.00 annually for a 15-year term. In return, Gorman receives rental income from the tenants. Certificates of occupancy (COs) for the units were issued in 2014. As the construction project was ongoing and since the time that the COs were issued and occupancy by tenants occurred, the Village has experienced no problematic issues in dealing with Gorman. Gorman fulfilled its initial obligations to the Village under the Ground Lease Agreement, and they continue to do so. Being located in the Florida Keys, the project resulted in greater expense to Gorman than anticipated, including payment of costly wastewater non -ad valorem assessments, but this did not affect the quality of the unit construction nor Gorman's ability to continue to manage the development. A development agreement entered into by the Village with a local property owner also affected the property and the type of development that could occur there. Gorman was able to work with the Village on these issues and related requirements. Because the Village's contract relationship with Gorman was not one where Gorman worked directly for the Village, we cannot fully respond to some of the reference questionnaire items. From the Village's perspective, the project was very successful. Hana Eskra represented Gorman at the time, and she was excellent to work with. Maria T. Bassett Finance Director/Deputy Village Manager 1/28/2020 Lf& C 0 M P A N Y 4. PAST AND PRESENT EXPERIENCE OF THE FIRM REFERENCES -VILLAGE OF ISLAMORADA Project Number of Days: N/A Company: Village of Islamorada (Evaluator's Company completing reference) FAX: Telephone: 305-393-7486 Ability to manage the project costs (minimize change orders to scope). EW Ability to maintain project schedule (complete on -time or early). Quality of work. Quality of consultative advice provided on the project. Professionalism and ability to manage personnel. Project administration (completed documents, final invoice, final product turnover; invoices; manuals or going forward documentation, etc.) Ability to verbally communicate and document information clearly and succinctly. Ability to manage risks and unexpected project circumstances. Ability to follow contract documents, policies, procedures, rules, regulations, etc. Overall comfort level with hiring the company in the future (customer satisfaction). TOTAL•ROF 10 10 10 10 10 10 10 10 10 10 100 Lf& C 0 M P A N Y 5. FINANCIAL CAPABILITY OF THE FIRM The financing approach to the development of workforce housing on the former Golden Gate Golf Course is two -pronged — a workforce housing component and a Low Income Housing Tax Credit component. Gorman & Company is a for -profit company, and despite Gorman's willingness to partner with Volunteers of America as co -developers, the Community Foundation of Collier County is unwilling to consider contributing grant money to the project if a for -profit company is involved. However, we still believe the project to be feasible without the grant money from the Community Foundation of Collier County while still meeting the project requirements set forth by Collier County. 1. Component 1: 336-Unit Workforce Housing Development • Mix of one, two, and three bedroom apartments • Rent restricted at 80% AMI and 100% AMI • Financed with debt and investor equity • No soft money required apart from Collier County's contribution of land 2. Component 2: 72-Unit Low Income Housing Development Serving Seniors and Veterans • Mix of one and two bedroom apartments • Rent and income restricted at 30% AMI (10% of the units) and 60% AMI (the remainder of the units) • Financed with 9% Low Income Housing Tax Credits and a first mortgage • No soft money required apart from Collier County's contribution of land Lf& C 0 M P A N Y 5. FINANCIAL CAPABILITY OF THE FIRM WORKFORCE COMPONENT It is noted in Addendum 3 that if the Offeror submits a response that includes units rent restricted above 80% AMI, that the Offeror should provide justification for the proposed rental rates. To make the workforce project financially viable and absent of soft funding from the County, it is proposed that a portion of the units be rented at 100% AMI. Our proposition is that there will be many Essential Service Personnel (ESP) with incomes that exceed even a 100% AMI. We will rent the 100% AMI units, regardless if they are over -income at 100% AMI ($62,700 for a family of two) to these individuals while renting the remainder of the units to the ESPs with incomes in the 80-100% range (80% AMI = $50,160 for a family of two). The justification that this assumption is viable comes from Collier County's Community Housing Plan (CHP). The data in the CHP is slightly outdated as it comes from 2017, but it provides income data for some of the Essential Service Providers in Collier County: • Entry Wages • Registered Nurse - $47,000 • Teacher - $44,000 • Patrol Officer- $47,000 • Human Resource Specialist - $35,000 • Median Wages • Registered Nurse - $65,000 • Teacher - $59,000 • Patrol Officer- $59,000 • Human Resource Specialist - $55,000 The data above provides that many entry level employees in one or two person households will rent and income qualify at apartments restricted at 80% AMI levels. It also serves to provide that more experienced employees will be above 100% AMI income levels for one and two person households, and even three and four person households if the household has two workers, but that these workers will benefit from the below market restrictions at 100% AMI rents. Lf& C 0 M P A N Y 5. FINANCIAL CAPABILITY OF THE FIRM LOW INCOME HOUSING TAX CREDIT COMPONENT Although it would be preferred by Gorman & Company to provide affordable housing at all income levels without the involvement of Low Income Housing Tax Credits (LIHTC), we do not find that to be financially feasible under these circumstances. That is why we are recommending a 9% LIHTC application to provide the funding for a 72-unit senior and veteran housing development to be built in conjunction with the workforce housing and overall master planning. A 9% LIHTC application is not guaranteed to be funded, but the chances are better than they may be in other locations in Florida because it has been many years since the Naples/Collier County area has received a LIHTC award from Florida Housing Finance Corporation. The LIHTC project will enable the development to provide 10% of the units at the 30% AMI level ($18,810 for a family of two) and the remainder at 60% AMI ($37,620 for a family of two). Gorman & Company will partner with Volunteers of America to provide the service components of the Senior and Veteran housing. Volunteers of America is the largest provider of veteran services in all of Florida. Gorman & Company has developed multiple LIHTC projects for seniors with a veteran preference. We believe this approach would work here in Naples as well, especially with Volunteers of America as a service provider. If successful in winning this solicitation, the soonest we would be able to apply for the LIHTC from Florida Housing Finance Corporation would be fall of 2020 with a financial closing and construction commencement mid -to -late 2021. Please see the following financial summary documents for more information. Lf& C 0 M P A N Y 5. FINANCIAL CAPABILITY OF THE FIRM PROJECT AND FEASIBILITY SUMMARY SENIOR/VETERAN Project Name Golden Gate Affordab a Developer: 130rman & Company Date: 1/27/2020 Address Golden Gate GolfCOUrse development Stage: Initial Feasibility Model City Naples County Collier State Florida Ckxupancy: 55+ Development Type New Construction Building Type: Multiim n Elevator Project Type LIHTC only LIHTC Type 9% Located in CICTor otherwise eligible for basis boast: No Unit Mix, Rent, & Sul Id! ng Summary Unit Mix Summary Building Area Summary 5q. FL Residential # Units % Sq. Ft. % Total Residential Living Area 62,225 LIHTC{Affordable 72 100D% 62,225 100.ON Common Space Jc u m m u n ity room, offices, hallways) - Market Rate Net Residential Area 52,225 Total Residential 72 62,225 Commercial Spare LIHTC Applicable Fraction Other Income .- J& Monthly Annual Laundry, Vending, Application Fees, Etc. S1,10d $13,200 LIHTCIAffi-�rdable Units Grass Floor Area (SF�: 61_,225 Summary byAlM I AMI Units % 30% 7 Lc" 4D% 50;; 60;6 6: 5C :' #Bed rooms) Description {optional} Set Aside # Units Area tSq. Ft,) Utility Allowance lift Rent Gross I Pent Se€d2 Limrt %of Llmlt 1 30% 3 8O0 $95 $356 5441 5441 100.ON 1 60% 32 S00 SE5 $797 5892 5882 100.ON 2 30% 4 925 S105 S423 552E 552E 100.ON 2 90% 33 925 $105 S952 $1,057 $1,057 100.ON Monthly Rent 51,06E S25,5D4 $1,692 $31,416 559.68-D GORMAT 5. FINANCIAL CAPABILITY OF THE FIRM PROJECT AND FEASIBILITY SUMMARY SENIOR/VETERAN U nit Mix, Rent, & Bull Id! ng Summary Unit MixSummarV Building Area5ammary Sq. Ft. Residential 4 Units % Sq. Ft. UHTC/Affordable Market Rate T*taI Residential LIHTC Applicable Fraction 72 1MJD% 62.225 72 1-30.0% 62.22 5 Other Income "— Monthly F�nnual Laundry,Vending,Appli€ation Fees, Etc. 1 $1,100 $13,204 LIHTC[Affordatile Units TotaI Residential Living Area 62.225 Common Space (community morn, affiices, hallways) - Net Res identia I Area 62.225 Commercia I Space Gross Floor Area (SF): 62.225 Su m ma ry by f4Ml AM1 Units % 30:1� f L6 E 4M� 50:?� 60;6 6= W-t LM% #BHE!d rim �s) Description (optional} Set Aside # Units Area (Sq. Ft.) Utility Al lffwa nce Net Re nt Gross Rent Sec42 Limit % Limit 1 300A 3 990 $83 $356 $441 5441 100_a% 1 corm 32 Sw $ 8: $797 W2 5852 100_0% .2 30% 4 925 51.0= 5423 $528 552E 1N.Cem .2 60% j 33 925 S1-02- $352 51.057 j $1,057 1 10D_096 IVl�nth ly Rent $1,068 $25,504 S1,592 $31,416 559.�8�J Lf& C 0 M P A N Y 5. FINANCIAL CAPABILITY OF THE FIRM PROJECT AND FEASIBILITY SUMMARY SENIOR/VETERAN Net Operating Income, DCR, Cash Flow, & Operating Expenses Net Operating Income, DCR, Cash Flow Monthly Annual OperatingExperses Annual Per Unit Gross Rental Income $59,680 571iSj6+0 Advertising Other Income $1,100 $13,200 Insurance Total Gross Income 55•3.78•3 5729,36.0 Legal /A€€ounting Less Residential Vacancy 7-la% (550,131) Repairs & Maintenance Less Other Vacancy 7-la% ($924) Administrative Costs Effective Gross Income 5678.305 Utilities Operating Expenses 5417,560 Payroll fiontrarted Services Net Operating Income $260.705 Ma nagement Fees Govt. Compliance Fee Total Annua Hard Debt Service 5222,919 Debt Service Coverage (DCR) -Year 1 1.174 Oper Costs/Turnover Fiscal Agent Fee Cash Flow $37,7M Subtotal $396XO $5,500 Rep lacemerd Reserves 521r500 530C Total $417r5U0 $51804 LIHTC & PERMANENT DEBT DETAIL Tax Credit Ecl u ity Annual Owner Total Credit Type Credit Years % Equity _ H7- $954r004 X 10 X $4-950 X 5S.5S;t = $9r024,098 Perma n e nt De bt Inform ation Source Amount I11oerest Term Amort I Annual Rmt First Mortgage $3,8Q0,000 4-75% 15 35 $222,919 Deferred Developer Fee 5327,801 i 14 __ _*_ _ & C 0 M P A N Y 5. FINANCIAL CAPABILITY OF THE FIRM PROJECT AND FEASIBILITY SUMMARY SENIOR/VETERAN SOURCES &, USES SUMMARY SOURCES FI NAHCIFI First Mortgage Referred Developer Fee LI HTC Equity Total 53^ �,8•� 1 $ 9.024.098 $13�15 iS99 Una COST Acquisitiun bland +building) Hard C6nstFUC60n Costs Developer Fee Soft Costs Reserves Total $8,662,470 $1,725,000 $ 2,400,970 5363,459 *�13,is�,B'49 Gap Ana" I TOTAL Tuta I SauF€es of Fu nds T4ta I Developrnerrt Costs Cuersaurted f [UndersauF€edI $13,is1,S99 $13,15:L899 PER UFIIT Q 552.778 28_9% $1�5,335 58.5� $iS2,665 1��.0� PER UNrf % $120,312 GS-9% $23,9s8 13.1% 533,347 18.3% $spfm 2.8% $iB2.665 11iLKl�`. Lf& C 0 M P A N Y 5. FINANCIAL CAPABILITY OF THE FIRM PROJECT AND FEASIBILITY SUMMARY WORKFORCE HOUSING Project Name Cdlier County Workforce Housing Address Golden Gage Golf Course City Naples Unit Mix, Rent Unit Mix Summary Residential # Units % sq. Ft % LI HTC/Affordable Market Pate 336 100.0% 234,760 100-COYO Total Residential 336 234,760 LI HTC Applicable Fraction Developer: Gom►an & Compa ny Date: 1/27f 2020 Development Stage: Initial Feasibility Model County Collier State Horida & Building Summary Buirding,rea Summery Sq. Ft Total Residential Lining Area 234,760 Common Space (community roam, offices, hallways) Net ResidentlaIArea Commercial Space Other Income Type I Monthly I Annual Laundry, Vendingr Application Fees, Etc_ I $5,040 1 s6C, 0 Gross Floor Area {SFj= Workforce Units 9 Bed I Description set 9 Ares l]tility Net Monthly roam(s) {optional) Aside Units (Sq. Ft.} AlJowan€e Rent Rent Workforce Units Monthly Rent 1 80% 66 650 $%176 $77,616 1 100"D 66 650 $1,470 $97,020 2 8041b 76 980 $1,410 $107,160 2 1009a 76 980 $1,762 $133,912 3 swo 26 1,10i} $1,629 $42,354 3 10coya 26 1,140 $2,036 $52,936 336 $510,998 & C O M P A N Y 5. FINANCIAL CAPABILITY OF THE FIRM PROJECT AND FEASIBILITY SUMMARY WORKFORCE HOUSING Net Operating Income+ DCR, Cash Flew, & 0perating Expenses I Net Operating In come, DCR, Cash Flow Monthly Anm al Gross Rental Income $51D,998 $6,131,976 Other Income S5.W S60.480 Total Gross Income Less ResiderYtial Vacancy Less Other Vacancy Effective Gross Income Operating Expenses Land Lease Payment Net Operating Irxwrne Total Annual Hard Debt Service Debt Service Coverage (G(: R) $516,C98 S6,192,456 5.00% {$306,599) 5.00% 1$ 3,024) $5,8o355 $1,999,200 $5,M,6S5 $5,170,925 1.5 Operating Expenses Annual Per Unit Advertising Insurance Legal f Accounting Repairs & Nbintena nce Administrative Cats Utilities PaVrolI Contracted Services Managernert Fees Tax Credit Fees Oper Costs/Tumcwer Real Estate Taxes Subtotal $1,915,200 $5,700 Peplacernerrt Reserves $84,000 $250 Total SL900 $5,950 Lf"plazz-ov-1 0 M P A N Y 5. FINANCIAL CAPABILITY OF THE FIRM PROJECT AND FEASIBILITY SUMMARY WORKFORCE HOUSING SOURCES & USES SUMMARY SOURCES I FINANCING First Mortgage .554.3CO,000 Investor 58,485,169 Developer Contribution $1,500,000 Tote I $fi4, 385,169 USES Acquisition [land + building] Hard Construction Costs $K,399,994 Developer Fee $1500r000 Development StafffOverhead $1,500,000 Soft Costs .59,976,270 Reserves $lr108,905 TouI 564, 385,169 [Gap Ana"is TAT Total Sourcescf Funds S64.385,169 Total Development Casts S64,385,169 Oversourced / (U r. dersoureed) 1.1 PER UNIT I -/. $163,0C9}5 85.C1U% $24r063 12. 6% $4,464 2.3% 5191,623 100.0'°I4 PER U Nff Q $150,000 79.3 4 $4r464 2. 34 $4,464 2.3 f4 $29,394 15. 3% $3,300 1. 7 �10 5191,623 100'�{ Lf& C 0 M P A N Y 5. FINANCIAL CAPABILITY OF THE FIRM PENDING LITIGATION SCHEDULE Date of filing: 7/27/2018 Location of case: Rock County, Illinois Type of case (e.g., negligence, tort, etc.): Personal injury Status of case: In discovery phase Is the suit is fully covered by insurance: No If not fully covered by insurance, provide letter from counsel addressing the likelihood of success and the amount of damages claimed: The case is being vigorously defended with an 80% chance of a defense verdict. Discovery continues on potential damages, but the damages claimed are primarily soft damages, i.e. pain and suffering and impairment. Date of filing: 8/16/2019 Location of case: Pima County, Arizona Type of case (e.g., negligence, tort, etc.): Complaint Status of case: Motion filed for Summary Judgement Is the suit is fully covered by insurance: No If not fully covered by insurance, provide letter from counsel addressing the likelihood of success and the amount of damages claimed: Trial is set for June 2, 2020 — legal counsel on behalf of Gorman & Company does not expect the case to go far. A motion has been filed for summary judgement, which is expected to be granted based on evidence provided by Gorman & Company. Lf& C 0 M P A N Y 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM ,i]►�e[0111 AW,W • Gorman & Company, LLC — Lead Developer, Architect, General Contractor, and Property Manager • Stofft Cooney Architects — Architect • Richard Yovanovich of Coleman Yovanovich Koester— Land Use Attorney • Bob Where of Hole Montes - Engineer • Norman Trebilcock of Trebilcock Consulting Services — Consultant RESUMES Please see the following pages for company resumes and experience. It a zj. I V- *"-I I & C 0 M P A N Y 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM On the following pages you will see Gorman & Company's official resume that explains the firm's many years of experience, executive leadership, and department leadership within development, construction, architecture, and property management. We bring multitude of experience across our five main markets, and knowledge is regularly shared among leadership. For this project, you will interact primarily with the following team members: • Joel Reed, AICP —Southeast Market President o Based in Atlanta, Georgia • John Lerdahl — Southeast Director of Development o Based in Orlando, FL • Ercan Eldem — Lead Architect o Based in Ocala, FL • Ron Swiggum — Director of Construction o Based in Madison, WI • Patrick Patrello — Director of Architecture o Based in Madison, WI • Laura Narduzzi — Director of Operations o Based in Madison, WI The various team members presented herein have not all worked on a project together previously, but we believe we have assembled the best team for the job with Gorman's affordable and workforce housing experience in Monroe County and across the country, and the other team members experience working within greater Southwest Florida and Collier County. We also plan on partnering with Volunteers of America to be our service provider for seniors and veterans. We believe Volunteers of America to be a huge value add as they are the largest provider of supportive housing for homeless veterans in all of Florida. Lf& C 0 M P A N Y 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM PRIMARY CONTACT TEAM MEMBERS JOEL REED I SOUTHEAST MARKET PRESIDENT Joel Reed is based in Atlanta, GA and serves as Southeast Market President for Gorman & Company with a primary focus on Florida and Georgia projects. Joel has 20 years of experience in urban design, planning, and development. Joel's experience ranges from senior affordable housing to luxury condominium buildings in Miami and the Florida Keys. He brings considerable knowledge and understanding of the development process given his history as a municipal planner, designer, development consultant and developer in the private sector. Joel holds a Masters of Arts in Urban Planning and Policy and a Bachelors of Arts in Anthropology, both from the University of Illinois, as well as a Bachelors of Science in Environmental Science from Wheaton College. Joel is registered under the American Institute of Certified Planners. JOHN LERDAHL I DIRECTOR OF DEVELOPMENT - SOUTHEAST John Lerdahl serves as Director of Development for Gorman & Company's Southeast market. Mr. Lerdahl coordinates developments from inception through completion including preliminary site research and proposals, funding applications, and due diligence associated with closings. Previous to his employment with Gorman, Mr. Lerdahl worked as a development analyst and general manager at Saturday Properties specializing in urban, infill construction, and historic rehabilitations in Minneapolis, Minnesota. Mr. Lerdahl received his degree in Real Estate and Urban Land Economics from UW-Madison. & C 0 M P A N Y 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM PRIMARY CONTACT TEAM MEMBERS JOEL REED I SOUTHEAST MARKET PRESIDENT I FULL RESUME Education: Masters of Arts, Urban Planning and Policy, University of Illinois, 2003 1 Bachelors of Arts Anthropology, University of Illinois, 2002 1 Bachelors of Science, Environmental Science, Wheaton College, 1996 Registration: AICP (American Institute of Certified Planners) I Urban Land Institute Technical Assistance Program Joel is an urban design, planner and developer with 20 years of experience. Joel is a developer as well as a developer representative and partner on several multifamily residential projects in South Florida ranging from Institutional Senior affordable units to high end luxury condo buildings in Miami and the Florida Keys. He brings considerable knowledge and understanding of the development process given his history as a municipal planner, designer and development consultant in the private sector. Development lead by Joel benefit from his public sector knowledge in review and enforcement and his private sector work as a designer and applicant. Relevant Project Experience: PRIVATE SECTOR DEVELOPMENT SERVICES Joel Reed has been providing developers services for the past 15 years ranging from consulting, to lead designer, to partnering on the development projects. He most recently finished the development of a $150- million sellout, 27 unit ultra -luxury condo and is in the process of developing one of his own projects which is 12 single family residences that will function as a vacation rental property. Pennekamp Lane, Key Largo, FL: Joel acquired and is developing 12 single family units to serve as vacation rentals homes on 2 acres of property in Key Largo Florida with 450 feet of canal front. As his role as owner/developer acquired the land, developed the pro forma, raised equity, is managing design, entitlements and construction. Marina Village Condominium - Joel is acting as the Owners representative for the $17 million dollar renovation and expansion of a 40 unit luxury condominium complex located in Ocean Reef Club. 121 Marina @ Ocean Reef - Joel lead the development team of a 27 unit (100,000 sf sellable) high end luxury condominium project in Ocean Reef Club, Key Largo Florida. Joel's role as Development Director of the project included: Site acquisition negotiations; creating a pro -forma; entering into contracts with designers, engineers, and consultants, attorneys; Managing subcontractors and contracts including leading design meetings to establish the product; coordination for plan approval with the Town and State regulating agencies for entitlements including project representation at public meetings; establishing and controlling budgets and timelines; and interfacing with the investors. Joel also worked with the finance teams to secure debt for the project. Bay Harbor Continental - Joel lead the development team of a 28 unit (125,000 sf sellable) high end luxury condominium project in Bay Harbor, Florida. Joel's role as Development Director of the project included: entering into contracts with designers, engineers, and consultants, attorneys; Managing subcontractors and contracts including leading design meetings to establish the product; coordination for plan approval with the Town and State regulating agencies for entitlements including project representation at public meetings; establishing and controlling budgets and timelines; and interfacing with the investors. Paradise Point Senior Housing - Joel served as a development partner/consultant with Gorman and Company on the development of 42 Senior Affordable Housing units in Key Largo, FL. Joel identified and sourced the site and secured the entitlement for the project. He coordinated on the design process and handled interface with the community and Monroe County for approval of the project. Joel worked with Gorman seeking additional County funding for the project along with assisted with contract negotiations with the sellers. Keys Lake Villas, Key Largo, FL — Joel served as the development consultant analyzing project feasibility, entitlements , pro-formas and then working with designers to master plan and then project manage the master planned infill, HUD backed financed development of 110 affordable housing units in Key Largo. The project required Major Conditional Use Permitting a Development Agreement with Monroe County Transferable Development Rights (TDRs), and Rate of Growth Ordinance (ROGO) allocations. In addition the project required compliance with HUD Form 4128, Federal Emergency Management Area (FEMA) Coastal Barrier Resource System (CBRS), Army Corps of Engineers (ACOE), Department of Environmental Protection (DEP), Fish and Wildlife Service (FWS), Fish and Wildlife Conservation (FWC), South Florida Water Management District (SFWMD) along with local utility providers. Joel also crafted the first ever Affordable Housing Mitigation Certificates in compliance with the Land Development Regulations. Blue Water Development, Tavernier FL: Joel served as the developers planning and land use consultant on this 36 unit DPZ design Low Income Housing Tax Credit (LIHTC) project. Joel coordinated with sub consultants including Architecture, Engineering and Traffic Analysis, facilitated public input on the project, and received entitlements for the project including site plan approval as well as federal, state and local permitting. Wet Net Villas, Islamorada FL: Joel served as the developers planning and land use consultant on this 36 unit Low Income Housing Tax Credit (LIHTC) project. Joel coordinated with sub consultants including Architecture, Engineering and Traffic Analysis, facilitated public input on the project, and received entitlements for the project including site plan approval as well as federal, state and local permitting. Ocean Reef Club, Key Largo, FL: Joel identified and ushered in the adoption of ten land use zoning changes as well as five corresponding future land use map amendments to correct a number of parcels that had non- conforming zoning and future land use maps that did not correspond to historical and present uses. (con't) W&P7 0 M P A N Y 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM PRIMARY CONTACT TEAM MEMBERS JOEL REED I SOUTHEAST MARKET PRESIDENT I FULL RESUME (CONT) Master Plans and Design Work* Comprehensive Plan, Peachtree Corners, GA: Joel as Project Manager lead the City's first Comprehensive Plan. The plan addressed the fundamental question "What do we really want our city to become?" This question has no single, simple solution, but many complex answers, each shaped by a variety of elements evolving over time. As a new city, Peachtree Corners had the unique privilege of being able to define its vision for the first time. The 2033 Comprehensive Plan set the stage for development, growth, and investment in the City. Comprehensive Plan, East Point, GA: Joel led the City of East Point Comprehensive Plan. The project included community workshops and meetings, a Community Assessment document with baseline data and the preparation of a strategic plan based on Character Areas. The Future Development Map and policy requirements for the city character areas specified the form, use, design and transportation elements that future development must meet. The Comprehensive Plan will situate the city to amend current zoning and development regulations to implement the PLAN 2036 vision. Planning Staff & GIS Services, City of Peachtree Corners, GA: Joel as Project Manager at Pond provided senior level planning services, managing zoning and development application issues for the new city and coordinating development and permitting activity processed by Gwinnett County. "Old Town" Redevelopment Plan, Flowery Branch, GA: Joel as Project Manager lead urban designer for the Pond team focused revitalization of the downtown through integration of land use, mobility and public spaces to create a vibrant, authentic place while analyzing tradeoffs and opportunities of development on City owned and controlled parcels. The plan included an implementation plan over the next five years of steps the City can take. Avondale Estates Town Center ARC Livable Centers Initiative (LCI) 10 Year Update, Avondale Estates, GA: Joel as project manager for this master plan focused on land use, transportation and economic development. The plan focused on the challenges that route 278 creates as a barrier between residential neighborhoods and downtown, connections to community assets such as the MARTA station, DeKalb County farmers market, the PATH and explored opportunities for enhancing retail, restaurants and the arts district. Woodstock Town Center ARC Livable Centers Initiative (LCI) 10 Year Update, Woodstock, GA: Joel as the project manager for the creation of land use, transportation, economic development and retail strategies for the 10 year update to the City's Town Center Plan. Joel conducted analysis and site programming that relied on mixed -use developer advising and real estate data for best and highest use within the city historic downtown and neighborhoods leading to a major highway corridor. The process included extensive community involvement, coordination with stakeholders and design consultants, and culminates in a 5-year implementation action plan for providing residential, commercial redevelopment and mobility projects for the historic downtown. Norcross Town Center ARC Livable Centers Initiative (LCI) Master Plan, Norcross, GA: Joel served as project manager for a land use, transportation and economic development plan focused on strengthening the City's ability to attract residents and businesses while enhancing community amenities and open space. The final product is based on market realities and includes a 5-year action plan for promoting housing options, improving connections, increasing economic viability and facilitating coordination among key partners. Planning Staff & GIS Services, City of Chamblee, GA: Joel served as the Interim Director for the City; providing management, leadership and senior level planning services. Tasks include: managing zoning and development application issues for the new city; leading a Design Review Board; presenting to council recommendations on development applications and planning projects throughout the City; managing grant funded transportation projects and consultants; coordination with state, and local agencies; and management of staff. Consolidated Housing Plan, Griffin, GA: As the project manager Joel lead the efforts to survey, assess, analyze and map the housing needs in the community; collaborate, educate and build consensus with community service groups and members and is working to establish, for implementation, innovative programs to meet the community housing needs in the most effective and equitable manner. On -Call Services, Planning & Engineering, City of Clarkston, GA: Pond served as an extension to the City of Clarkston's staff providing planning services, including: pre -application conferences, GIS support, development plan reviews, and zoning compliance reviews. Joel served and supervised zoning and design review for the City in addition to recommending and making amendments to the ordinance and development regulations. Community Involvement/ Other Affiliations Commissioner (2010-2014), Atlanta Tree Conservation Commission, Atlanta, GA Vice Chair (2009-2010), Green Initiative Task Force, Monroe County, FL President (2008-2009)/Board Member (2007-2008), Habitat for Humanity of the Upper Keys Key Largo, FL American Institute of Certified Planners (AICP, 023192) American Planning Association (APA) APA Georgia Chapter (APA GA) Congress for the New Urbanism (CN(J) * Master Plan and design work was completed while Joel Reed was employed by Pond & Company as a Project Manager and as the Director of Design. Le W O M P A N Y 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM PRIMARY CONTACT TEAM MEMBERS JOHN LERDAHL I DIRECTOR OF DEVELOPMENT — SOUTHEAST I FULL RESUME EDUCATION: University of Wisconsin -Madison Madison, WI Majors: Real Estate and Urban Land Economics/Accounting0 Graduation: May 2015 Overall G PA: 3.3/4.0 Real Estate G PA: 3.7/4.0 EXPERIENCE: Gorman & Company Orlando, FL Director of Development - Southeast • Underwrite potential development opportunities • Manage due diligence process • Meet with communities to discuss affordable housing • Manage relationships with lending and equity investment partners • Manage Low Income Housing Tax Credit application and other funding application processes Gorman & Company Oregon, WI Development Coordinator • Manage and track development project schedules • Due diligence manager for closing and permanent loan conversions • Complete Low Income Housing Tax Credit and other funding applications • Track development team meeting minutes and schedules for each project • Assist in development project compliance (con't) September 2019 - Present September 2018 - August 2019 Lf& C 0 M P A N Y 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM PRIMARY CONTACT TEAM MEMBERS JOHN LERDAHL I DIRECTOR OF DEVELOPMENT— SOUTHEAST I FULL RESUME Saturday Properties Minneapolis, MN Development Analyst • Underwrite potential development opportunities (urban infill and historic rehab) • Intermittently help underwrite development opportunities dating back to November 2015 • Assist in due diligence for deals under contract • Coordinate monthly construction draws with first mortgage and mezzanine loans • Provide marketing and design feedback Saturday Properties Minneapolis, MN General Manager • Report monthly, quarterly, and annual financials to owners • Update owners weekly on leasing and marketing statistics • Manage Hello Apartments from OAC meetings to stabilization • Manage Lime Apartments from 89% occupancy to 98% occupancy CBRE Minneapolis, MN Valuation Associate • Prepare market value appraisals on simple real estate assets in all major classes • Confirm data, conduct discussions with market participants, and perform additional research • Research market area and analyze current transactions September 2017 - Present September 2015 - September 2017 June 2015 - September 2015 PUBLICATIONS Lerdahl, John (2015), "Neighborhood Effects", in Urban Land Economics, Springer International Publisher, ISBN: 978-3-319-15319-3 Lf& C 0 M P A N Y 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM EXECUTIVE TEAM BRIAN SWANTON I PRESIDENT & CEO Brian Swanton transitioned into the role of President & Chief Executive Officer for Gorman & Company in 2018, after serving as the Arizona Market President since 2008. During his tenure as Arizona Market President, Mr. Swanton led a multi -disciplinary team that has designed and constructed 15 projects, representing over 1,100 units of new housing across the State. Prior to joining Gorman, Mr. Swanton held various leadership positions in the non-profit sector, where he directed the preservation and construction of over 2,300 units of housing in 29 residential communities across Arizona and successfully refinanced and/or repositioned 1,702 units of existing affordable housing. Mr. Swanton also spent eight years of his career in the public sector, having served as the Housing Development Manager for the City of Scottsdale, as well as other positions in housing and community development with the City of Glendale, AZ, the Arizona Department of Housing, and the City of Quincy, MA. Mr. Swanton holds a Master of Public Administration and a Bachelor of Science in Urban Planning, both from Arizona State University where he has taught graduate and undergraduate courses in housing finance and neighborhood revitalization. Brian is also certified as a Housing Development Finance Professional by the National Development Council. Brian is the past Chairman of the Board of Directors for the Arizona Housing Alliance, Arizona's only statewide affordable housing advocacy organization, guiding that organization through a merger with the Arizona Coalition to End Homelessness in 2017. Brian continues to serve on the Board of the newly merged organization, the Arizona Housing Coalition. MIKE REDMAN I CHIEF FINANCIAL OFFICER Mike joined Gorman & Company in 2014 as the Corporate Controller. He directly supervises all aspects of the accounting department including oversight of the budget process, tax preparation, and audit. He brings to Gorman & Company many years of diverse work experience from such industries as hotel development and management, construction, retail, and transportation. His background includes being a member of corporate leadership teams and serving in various leadership roles such as CFO, Controller, and Vice President — Finance. Mike holds a degree from Upper Iowa University and is a Certified Public Accountant. He is a member of the AICPA and WICPA and has served on boards of not -for -profit organizations. Lf& C 0 M P A N Y 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM EXECUTIVE TEAM GARY J. GORMAN I CHAIRMAN OF THE BOARD After completing his B.A. in Economics and Law Degrees from the University of Wisconsin at Madison, Mr. Gorman began his career as a practicing attorney focusing on representation of developers and real estate syndicators. In 1984 Mr. Gorman formed a firm for the purpose of developing and syndicating multifamily real estate projects. After the passage of the Tax Reform Act of 1986, Mr. Gorman specialized in the development of affordable multifamily rental communities utilizing the tax credit created by Section 42 of the 1986 Tax Reform Act. Gorman & Company is now a major developer of affordable rental housing as well as historic renovations. The firm has offices in Wisconsin, Illinois, Arizona, Colorado, and Florida, as well as projects in six states. Gorman & Company has in-house design and construction divisions that have successfully completed over $900 million of new construction and major renovations. Its affiliated property management firm manages over five thousand units. Mr. Gorman serves as a board member for Catholic Charities and Northern Bankshares, Inc. Mr. Gorman also serves as a member of the Steering Committee for the Housing Credit Group of National Association of Homebuilders (NAHB) and on the Advisory Board for the Federal Home Loan Bank of Chicago. TOM CAPP I VICE CHAIRMAN OF THE BOARD Tom Capp has directed Gorman & Company's real estate development since 1994. Under his direction, the company has focused on urban revitalization, mixed -income housing, historic preservation and the preservation of affordable housing. Prior to joining Gorman & Company, Mr. Capp was a Senior Associate at Camiros, Inc., an urban planning firm based in Chicago. Mr. Capp is a former public official having served as mayor of Fitchburg, Wisconsin, where he also served as chairman of the city's Planning Commission and chairman of its Economic Development Commission. As executive assistant to Dane County Executive Rick Phelps from 1993-1994, he directed land use and development policy for Dane County (Madison, Wisconsin and surrounding areas). Mr. Capp has a degree in Economics and Political Science from the University of Illinois at Champaign -Urbana. Tom has served on many industry boards and commissions. He currently serves on the Board of Directors of the National Housing and Rehabilitation Association. In 2007 he was appointed by the White House as a Panel Expert for the Preserve America Summit, an initiative created by executive order to modernize our nation's approaches to historic preservation. He is a frequent speaker and presenter at conferences sponsored by state housing authorities, planning associations, and housing industry groups such as NCSHA, NH&RA, and IPED. Lf"pokazor-ool 0 M P A N Y 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM DEVELOPEM ENT TEAM TED MATKOM I WISCONSIN MARKET PRESIDENT Ted Matkom has held the role of Wisconsin Market President over the past six years with Gorman & Company and has also served as General Counsel for the past eight years. Ted has a wealth of experience in developing both residential and commercial real estate. Ted has served five years on the board of directors for Menomonee Valley Partners, the non-profit development entity designated to revitalize Milwaukee's Menomonee Valley industrial park. Ted has been President of The Corridor, Inc., a nonprofit organization that has been charged with helping to redevelop the "30th Street Corridor" in the heart of Milwaukee for the past three years. He has also been appointed for the past three years to the Board of Directors for the Milwaukee Area Workforce Investment Board, Inc. Ted has a Bachelor of Arts in International Relations and Political Science from the University of Wisconsin -Madison, and a Doctorate of Law from Marquette University. KIMBALL CRANGLE I COLORADO MARKET PRESIDENT Kimball is the Colorado Market President for Gorman & Company. Since expanding to Colorado in 2014, Gorman has initiated delivery over 500 affordable and Workforce apartment homes in the State with over 220 more homes scheduled to start construction in 2019. Gorman's specialty is helping public and non-profit entities realize their vision, using Gorman's financing and development strategies. Ms. Crangle was formerly Senior Developer for Denver Housing Authority, the largest Public Housing Authority in Colorado and the Rocky Mountain Region. While at the Denver Housing Authority, she directed the redevelopment of a 17.5-acre distressed Public Housing site into a nationally -acclaimed mixed -income, multi -phase, mixed -use, transit -oriented community. Kimball is a certified CCIM, co -Chair of Blueprint Denver, active in ULI, a founding member of All in Denver, avid mountain biker and a mom of three young children. & C 0 M P A N Y 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM DEVELOPEM ENT TEAM SALLY SCHWENN I ARIZONA MARKET PRESIDENT Sally is a local multi -family expert, specializing in the acquisition and disposition of affordable housing for the past 22 years. She most recently served as a Managing Director of Newmark Grubb Knight Frank in Phoenix. Prior to that, she was a founding partner of Crown West Commercial Real Estate where she and her partner brokered nearly 13,000 units of multi -family housing, most of which involved complex affordable housing transactions with a variety of federal, state and local financing sources. Her career -long focus on originating new multi -family transactions will serve her well in her role as Arizona Market President. She has extensive experience in navigating through local government issues, and regularly represents public sector, private sector and non-profit sector clients in her work. She will bring a unique perspective and background to our diverse leadership team. Sally received a Bachelor of Business Administration degree in Finance from Southern Methodist University and holds a Real Estate Broker's license in Arizona. Sally has served on numerous boards and committees for many local non- profit organizations including Junior League of Phoenix, Combined Metropolitan Phoenix Arts and Sciences, Child Crisis Arizona, and Cystic Fibrosis Foundation. RON CLEWER I ILLINOIS MARKET PRESIDENT Ron Clewer joined Gorman & Company after working on several projects with the organization as the CEO of Rockford Housing Authority. Ron has more than 20 years of leadership experience and over 17 years of multi -use real estate development and asset management experience. Ron has been instrumental in developing creative community -building initiatives in Illinois. He brings a vision and "can do" attitude to his work with a determination to merge the best practices for both private and public sectors. His passion lies in quality... quality design, services and quality environments. He has received awards for his leadership approach, pioneering community and neighborhood visions, affordable housing operations and planning and legislative advocacy. Lf& C 0 M P A N Y 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM DEVELOPEM ENT TEAM ZACH JOHNSON I DIRECTOR OF DEVELOPMENT - ARIZONA Zach Johnson serves the Arizona market as a Director of Development, supporting the Market President in all aspects of the development process. Since joining Gorman in 2008, Mr. Johnson has led Gorman's deal structuring and financial underwriting efforts across all of our national markets. Mr. Johnson has extensive experience with the RAD Assessment Tool and structuring HUD -assisted projects with Low Income Housing Tax Credits and HUD- insured 221(d)(4) programs. Mr. Johnson received his BA in Finance from the University of Wisconsin-Whitewater. In addition to RAD-funded activities, which he has been directly involved in implementing in Maricopa County, Yuma, AZ, Little Rock, AR and Rockford, IL, Mr. Johnson has also been involved with an application for a CNI planning grant in Rockford, IL and a CNI Planning and Implementations Grant in Phoenix, AZ. NICOLE SOLHEIM I DIRECTOR OF DEVELOPMENT - WISCONSIN Nicole Solheim serves as Director of Development for Gorman & Company in the Wisconsin Market and is responsible for identifying potential projects, securing funding and entitlements, coordinating real estate closings, and tracking projects from inception through completion and stabilization. Over the past 8 years at Gorman, she has worked on 20+ closings totaling over $300 million. Previous to her employment with Gorman & Company, Ms. Solheim worked for a commercial real estate development firm and for an economic development nonprofit organization in Madison, Wisconsin. Ms. Solheim has a BBA in Real Estate and Urban Land Economics and a Master's Degree in Urban and Regional Planning from the University of Wisconsin -Madison. LAUREN SCHEVETS I DIRECTOR OF DEVELOPMENT - COLORADO Lauren joined Gorman & Company in 2017 and is responsible for planning and implementation of the development program and strategies including new construction projects as well as acquisition of land and existing housing. She brings to Gorman a diversity of public sector experience in land use planning and real estate from Boulder Housing Partners ("BHP"), the City of Westminster, and Denver Water. At BHP, Lauren managed the development of the award -winning, 59-unit High Mar senior housing project, financed with 4% LIHTCs, HOME funds, and local funding sources. More recently she managed the Palo Park family housing project, a unique partnership project between BHP and Flatirons Habitat for Humanity, financed with 4% LIHTCs, State of Colorado tax credits, CDBG-DR, and several local funding sources. Lf& C 0 M P A N Y 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM DEVELOPEM ENT TEAM RACHEL SNETHEN I DIRECTOR OF DEVELOPMENT COORDINATION Rachel Snethen has worked for Gorman & Company since 2010, primarily focusing on Development and the EB-5 Regional Center. In her role as Director of Development Coordination, she manages and oversees the Development Coordinators by providing training and mentorship and implementing best practices among the development team. She also serves an important role in development by working to manage efforts between various funding partners through closing, construction, and stabilization. In Ms. Snethen's role of overseeing the EB-5 Regional Center, she leads all activities including writing business plans, researching project job creation, and directing market/impact studies for projects. Ms. Snethen serves as a key communicator between attorneys, economists, developers, and marketing partners in and across the world, and has helped the firm raise $30 million in EB-5 funds for the regional center. Ms. Snethen holds a Master Degree in Business Administration (MBA) and B.S. in Management from Franklin University and an Associate Degree in Real Estate from Madison College. CASSANDRA BISHOP I DEVELOPMENT COORDINATOR Cassandra Bishop serves as Development Coordinator in the Colorado and Arizona markets, while also leading the corporate marketing efforts. Ms. Bishop works closely with Market Presidents on developments from inception through stabilization of properties, including submission of RFP responses, preliminary market studies and site evaluation, applying for funding sources, securing lenders and investors, and coordinating due diligence through closing. Previously Ms. Bishop worked as an administrative assistant to the Development team, and provided assistance to both the CFO and CEO. Cassandra holds a Bachelor's Degree from University of Wisconsin -Green Bay in Business Administration with an emphasis in Marketing. JIN PARK-HIGBEE I DEVELOPMENT COORDINATOR Jin Park -Higbee serves as Development Coordinator for Gorman & Company for the Wisconsin and Illinois Markets. Previous to her employment with Gorman & Company, Ms. Park -Higbee worked for a regional economic development organization in Madison, Wisconsin. Ms. Park -Higbee has a BA in International Relations from Boston University, and a Master's Degree in Urban and Regional Planning from the University of Wisconsin -Madison. Lf& C 0 M P A N Y 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM DEVELOPEM ENT TEAM LUIS HERRERA I DEVELOPMENT COORDINATOR Luis Herrera serves as Development Coordinator for Gorman & Company in the Arizona Market. Previous to his employment with Gorman & Company, Luis worked for a state senate campaign in Brookfield, Wisconsin. Luis received a BA in Business Administration with a major in Commercial Real Estate from Marquette University. COLIN MALIN I DEVELOPMENT COORDINATOR Colin serves as a Development Coordinator for Gorman & Company for the RAD Market. Colin has a BA in Business Administration with a major in Real Estate and Urban Land Economics from the University of Wisconsin -Madison. DUANE BUSCHER I FINANCIAL ANALYST Duane Buscher serves as Financial Analyst for Gorman & Company, focusing primarily on underwriting Low -Income Housing Tax Credit projects. Mr. Buscher works closely with the Market Presidents and Construction Accounting team at all stages of the development process to evaluate project feasibility and conduct proforma analysis. Mr. Buscher joined the team at Gorman & Company in September 2014, having most recently worked in a similar role as an Underwriter for the Missouri Housing Development Commission. Mr. Buscher has a BA in Psychology and a Master's Degree in Urban Planning from the University of Kansas. Lf& C 0 M P A N Y 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM GENERAL CONTRACTING Gorman General Contractors LLC serves as General W Contractor on Gorman & Company development projects. The company believes that the best way to ensure high quality and timely construction is to build its own projects. This level of accountability leads to greater attention to detail and the ability to support each construction phase. Gorman continually improves its construction practices with each successive development because everything is done in-house. Gorman General Contractors, LLC has constructed 50+ multifamily communities and has often led the way with communities and with State Housing Authorities in establishing higher targets for minority and emerging sub -contractors. Because it continues to build superior relationships with strong subcontractors, Gorman General Contractors, LLC is able to achieve top quality results and often finishes its projects ahead of schedule. Gorman's construction team consists of project managers, on -site field superintendents, and a Director of Construction - all of whom daily oversee work in progress. When challenges arise on the job site, Gorman General Contractors is positioned to quickly resolve issues through close collaboration with its in-house architectural staff. Lf& C 0 M P A N Y 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM GENERAL CONTRACTING TEAM RON SWIGGUM I VICE PRESIDENT OF CONSTRUCTION Ron has over 16 years of experience in construction project management, cross -functional projects, budgetary and competitive estimating, coordination of design professionals, space planning, life cycle costing, contract administration, development and training of personnel, strategic business planning, risk management, proformas, staff leadership, P&L oversight, and customer relations. Ron recently directed construction for the largest "Green Communities" Public Housing Authority development to date east of the Mississippi River and is currently overseeing construction GC for an innovative "workforce housing" development in Monroe County, Florida (Florida Keys). Ron also served as Construction Project Manager for award winning Gorman & Company affordable housing development in Glendale, AZ. TOM JONES I ESTIMATOR/PROJECT MANAGER Tom has over 20 years of overall experience in design, project management, budgetary and competitive estimating, space planning, on -site construction and customer relations. Tom's project experience includes single family homes and developments, multi -family, senior living and office tenant improvements. As Chief Estimator at Gorman & Company, Tom provides facility assessments, budgets (both conceptual and hard) and value engineering on projects for all five of Gorman & Company's markets. Attention to detail and precision estimates help Tom to ensure the success of projects. Tom attended MATC and holds a Residential Design degree along with having a Wisconsin Dwelling Contractors License and a State of Wisconsin Certified UDC Construction Building Inspector License. STACY KRONEBUSCH I DIRECTOR OF CONSTRUCTION COMPLIANCE Stacy has over 25 years of experience in project management, construction office management, compliance management, and customer relations. Stacy's project experience includes single-family homes, multi -family, senior living, hotels and waterparks. As Director of Construction Compliance, Stacy provides training, compliance management, management of policy and procedures for the construction field and office teams for all markets. Attention to detail and strong compliance skills help ensure the success of projects. Stacy has worked with Gorman & Company for 10 years and her prior work experience was for a company that built waterparks and also worked for an architect firm and at one time was part owner of a residential construction company. Lf& C 0 M P A N Y 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM GENERAL CONTRACTING TEAM KURT SPAHN I ESTIMATOR Kurt has over eight years of experience in residential and commercial construction estimating. Mr. Spahn focuses on multi -family apartments, adaptive reuse and acquisition of historic buildings, new construction, and remodeling single-family homes. Kurt assists in the pre -construction phase, and provides conceptual and hard bid construction estimates on all projects for Gorman & Company. Kurt attended UW-Platteville and received a BA in Construction Management. ROB PADLEY I PROJECT MANAGER Rob has over 17 years of experience in construction management roles, starting his career as a Field Superintendent and quickly ascending to the role of Project Manager. His background and field experience are important components when performing critical project functions such as conceptual estimating, scheduling, establishing comprehensive scopes of work, contract negotiation, field quality reviews and complete budget oversight. Rob has also been involved in helping to develop innovative workforce development programs with select training centers in the Milwaukee area, including Northcott Neighborhood House, and fostering relationships with Small Business Enterprises (SBE's) registered with the City of Milwaukee. Since coming to Gorman & Company in 2010 Rob has overseen the construction of over 600 multi -family units across a broad range or project types including new ground up construction, urban infill sites, historical rehabs, adaptive reuse and acquisition rehab of existing buildings. CHAD OBRIGHT I PROJECT MANAGER Chad has worked in the construction industry since 1989. Most of his experience is in new construction and remodeling of single family homes, duplexes and apartment buildings. Since 2013, Chad has focused on the project management work on eight scattered site projects in Milwaukee, Wisconsin. All of these focused in the economically challenged location on the north side of Milwaukee. Further, as a part of the 2013 projects Chad added to his commercial build out resume by managing both contracts and site construction for Gorman & Company's leasing center for the north side projects. Chad's specific areas of skill include: office coordination with field personnel, managing the competitive bid process to meet budgetary constraints; development and negotiation of contracts with subcontractors and suppliers; risk management; coordination and management of the RA and submittal process; coordination of work with the architects/city inspectors/investment inspectors; monthly project invoice review/approval; and assisting in estimate budgeting for future projects to determine viability. Lf& C 0 M P A N Y 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM GENERAL CONTRACTING TEAM JOE DELEO I PROJECT MANAGER With nearly 30 years of practical experience, Joe has been involved with numerous successful construction projects and a nearly countless amount of construction dollars put in place. He has spent the majority of his career as a construction executive in New York's fast paced and competitive commercial contracting segment. As an owner of a mid -sized general contracting firm, he has provided an array of construction related services to a long list of prestigious clients including Kraft— General Foods, AKZO-Nobel Chemicals, Union Carbide, PepsiCo and Novatis. In addition to a long list of private clients, Joe has an equal proven track record on a large number of public works projects and has a deep repertoire of school and municipal works projects completed as well. With a strong focus on communication and administrative controls, Joe is now helping Gorman & Company develop a strong market presence in the State of Florida. MIKE RITTER I PROJECT MANAGER Mike has been working in the construction industry since 1997. Having earned a BA in Environmental Design from University of Wisconsin -Green Bay, he then pursued his career in construction working in both commercial and residential construction including both renovation and new construction. Mike worked as a laborer, rough carpenter, finish carpenter, foreman, draftsman, designer, service technician, superintendent, project manager, and owner's representative. This broad experience allows a full understanding of all aspects of the project. Projects that Mike has completed include residential, medical, hospitality, retail, office, and restaurant. He also has experience in open remodels. This type of project demands an additional layer of organization, communication, negotiation, and coordination with subcontractors and management. Mike's strong field background lends to his strength in the project management position with an emphasis in estimating, scheduling, and communication. His design and drafting experiences lends well to working with Owners, Architects, City Inspectors and Reviewers. Mike's work as an Owner's Representative would showcase his skills in the financial side of the projects with skills including, draw preparation and review, change order process and review, overall budget tracking including multiple funding sources, and partners. Mike has worked to set initial budgets and schedules and then followed through to ensure projects come in on time and on budget. MEGAN BOYD I PROJECT MANAGER Megan has over 15 years of experience in the construction management and design of commercial projects, specializing in affordable housing. Growing up in the construction industry beginning as a laborer, Megan became interested in the design side of the industry and went on to obtain an architecture degree from the University of Kansas. While practicing architecture in Chicago for the better part of a decade, she became specialized in the technical side of design and eventually focused more on construction management. This transition led Megan back to school to obtain a Master's in Real Estate and Construction Management from the University of Denver where she fell in love with Colorado and vowed never to live through a Chicago winter again. Megan has since worked in various roles in the construction industry including project manager, forensic specialist investigating and repairing construction defects, and more recently in construction risk reviewing plans and budgets on over $113 worth of construction annually. Megan is a registered architect in Colorado and is active in the Colorado chapters of ULI and AIA. Lf& C 0 M P A N Y 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM ARCHITECTURE I V Gorman & Company Architecture and Design was formed in 1998. It has designed 35+ innovative affordable multifamily developments in five states. Gorman's architects have specialized in historic adaptive reuse; mixed use, mixed income; and the preservation of existing affordable housing. Projects designed by Gorman & Company have won many awards and have attained the highest standards of sustainable/green design and accessible design. We design projects with the intention of creating a sense of community, vitality, and openness. Thoughtful and careful arrangement of the main functions is paramount to a successful project. Gorman's integrated design process includes high efficiency, healthy building, low -impact development techniques, and the incorporation of natural, social and cultural elements in the design. Working with stakeholders and future residents allows us to tailor amenities to accommodate not only required activities but to find the overlap or synergistic opportunities planned facilities provide. We also design for energy efficiency and ease of maintenance. We manage a great many residential projects and have learned a lot about upkeep and maintenance. n fill C,ORMAN 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM ARCHITECTURE TEAM 4 PATRICK PATRELLO I DIRECTOR OF ARCHITECTURE Patrick Patrello has more than 20 years of experience in commercial and residential architectural design. He is a registered Architect in Arizona, Arkansas, Colorado, Florida, Illinois, Indiana, Michigan, New Mexico, Ohio, Wisconsin and is NCARB certified. His experience includes a wide range of construction types and occupancy classifications including adaptive reuse and new construction. While with Gorman, Patrick has served as the Project Architect, Architect of Record, or Principal Architect for over 700 units of housing or guest rooms spread over several developments in six states. Previously, he was with an award winning Chicago architecture firm recognized as a leader in the design of mid to high-rise residential and mixed -use developments. Patrick received his Bachelors and Masters of Architecture degrees from the University of Michigan. He is a member of the American Institute of Architects and the Congress of New Urbanism and he is passionate about urban redevelopment. PETER MEYER I LEAD ARCHITECT Peter Meyer has over 30 years of experience in architectural design and has been a registered Architect in Wisconsin since 2001 and in Arizona since 2013. Peter has a vast amount of experience and knowledge in light frame design and construction techniques for both residential and commercial buildings. He first served Gorman & Company as a Project Architect, and more recently as Architect of Record and Lead Architect serving our Arizona market. He has been responsible for the design and supervision of over 900 affordable housing apartments since joining Gorman & Company in 2011. Peter is a member of the American Institute of Architects and proudly supports developing and designing sustainable affordable housing throughout the state of Arizona. ERCAN ELDEM I LEAD ARCHITECT Ercan Eldem is a registered architect in Florida as well as Germany, and has more than 30 years of international experience in residential and mixed -use architecture. He received his degree in architecture from the University of Applied Science in Cologne, Germany. Ercan is a Member of the AIA (American Institute of Architects) and registered with NCARB (National Council of Architectural Registration Boards). During his first seven years in the industry he gained knowledge with various projects located in Germany, Austria, Turkey and Yemen. In 1999 he moved to Atlanta, Georgia, and started to work as a project manager for an architectural office. He became an expert in multi -family residential and mixed -use buildings. Ercan joined the Gorman Team in 2014. Lf& C 0 M P A N Y 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM ARCHITECTURE TEAM SARAH PONKO I LEAD ARCHITECT Sarah received her Bachelors of Architecture from the University of Notre Dame, School of Architecture. She is a licensed architect in the State of Colorado since 2010. Her professional portfolio demonstrates proficiency across a wide range of project types including multi -family, commercial/retail, mixed use, renovations, and hospitality. Sarah is an active member of the AIA (American Institute of Architects), CSI (Construction Specification Institute), and is registered with NCARB (National Council of Architectural Registration Boards). Sarah strives to deliver thoughtful design, organization, empathy, and consistent communication on every project. She is passionate about developing rewarding and lasting professional relationships with all members of the project team. NATHANIEL STARK I LEAD ARCHITECT With over 11 years of experience, working on a broad range of project types, Nate has developed an ability to deliver on time. His previous experience in construction from a young age, led him to the field of Architecture. Nate is a registered Architect in Colorado and member of the AIA. Outside the office he volunteers his time to the City of Edgewater, Colorado to serve as Chair of the Planning and Zoning and Vice chair of the Board of Adjustments and Appeals. He is passionate about design and the collaborative process necessary for a projects success. MARK SMITH I CORPORATE ARCHITECT Mark Smith is the Lead Architect on larger, high -profile projects throughout Gorman's portfolio. Mr. Smith works with all architectural staff members to improve design, documentation and project delivery. He received his Master's Degree in Architecture from the University of Wisconsin -Milwaukee, where he previously taught as Adjunct Professor. Lf& C 0 M P A N Y 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM OPERATIONS Gorman & Company formed its property management division in 1991. Gorman & Company manages 60+ apartment communities, totaling over 5,000 units. Controlling our management company within the Gorman & Company umbrella allows us to customize our tenant selection criteria to our specific target population while conforming to investor and Section 42 compliance regulations. Gorman & Company also provides Asset Management services for projects. The scope of services provided by Gorman for asset management includes asset financial monitoring, performance review, tracking loans and reimbursements, stakeholder reporting, and reserve tracking. Asset management also tracks month to date, year to date, and quarterly NOI and DCR tracking. They also review and approve budgets for assets. Lf& C 0 M P A N Y 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM PROPERTY AND ASSET MANAGEMENT TEAM LAURA NARDUZZI I VICE PRESIDENT OF OPERATIONS Laura received her degree in Hotel and Restaurant Management from the University of Wisconsin — Stout in 1989. She began her hotel career with The North Central Group, a hotel management and development company. She held various positions in her 20-year tenure with that company including the Vice President of Operations. In that role, she was responsible for a $90 million highly reputable hotel portfolio of Hilton and Marriott brands, which received several brand awards. She joined Gorman & Company in 2009 and now is the Director of Property Management. She directly oversees the operations of Gorman & Company's management division as well as supervises several corporate functions including Human Resources, Facilities, Marketing, Training and Compliance. She works closely with the third party management companies insuring Gorman & Company's standards are synonymous across all markets. Laura works closely with Development, Design and Construction in the development process to insure strong viability and long-term sustainability. DAN CLARK I DIRECTOR OF PROPERTY MANAGEMENT Dan Clark is responsible for Gorman & Company's management division. His primary focuses is on meeting operational objectives to drive positive business results of multifamily and commercial real estate within the company's portfolio. In his role, working with external and internal partners, his responsibilities include multi -state oversight of in-house and third party management companies, financial/ capital planning, and market strategies. Mr. Clark joined Gorman & Company in 2017, previously serving as Senior Regional Portfolio Manager at The ConAm Group of Companies where he was responsible for Southern California's regional operations and investment performance of affordable and market -rate housing developments. He brings over 25 years of real estate asset management, property management and facilities management experience on high density, mixed use and urban infill projects. Mr. Clark earned his Bachelor of Science in Applied Management from Grand Canyon University's Colangelo College of Business with an emphasis in servant leadership and management. He previously served as Education Chair with Arizona Apartment Association, Political Action Committee at California Apartment Association, member of Project Management Institute and currently maintains a real estate license in California. CA BRE 01994729 Lf& C 0 M P A N Y 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM PROPERTY AND ASSET MANAGEMENT TEAM KYLE CULOTTA I DIRECTOR OF ASSET MANAGEMENT Kyle joined Gorman & Company in 2018 as the Director of Asset Management. In his role he is responsible for developing and maintaining strategic asset management, financial management and risk management activities for the company's portfolio. In his role, he oversees portfolio performance, stakeholder reporting, and insurance administration. Working with external and internal partners, his responsibilities include multi -state oversight of third party management companies, capital planning, and refinancing/disposition of assets. Prior to joining Gorman, Mr. Culotta most recently worked with the Wisconsin Housing and Economic Development Authority where he was responsible for overseeing the Authority's Tax Exempt Bond Portfolio. He has over 10 years of experience in asset management, valuation, development, acquisition/disposition and the aggregation and deployment of capital for high density multifamily, office, hotel and retail properties. Mr. Culotta received his bachelor's degree in Economics as well as his MBA with an emphasis in Commercial Real Estate Finance from the University of Colorado's Leeds School of Business. Lf& C 0 M P A N Y 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM PARTNER RESUMES AND QUALIFICATIONS CORPORATE PROFILE Corporati 959 Enec Naples, F 239.254: Since 1966, Hole Montes, Inc. has held fast to the business philosophies and professional practices handed down by our founders: to be one of the most trusted and reliable fullkservice engineering firms in southwest Florida. Customer satisfaction and service; technical expertise; quality of deliverables; and dedicated project management are such principles. We ensure that every project you entrust to us meets the high standard of excellence that you have come to expectfrom Hole Montes. With full -service engineering offices in Naples and Fort Myers, Hole Montes is strategically positioned to provide you with the design and management expertise necessary to achieve success for your project. Whether your next project requires environmental engineering, land planning, permitting, zoning, storm water management design, transportation design, or surveying and mapping, our project managers are seasoned professionals who have the expertise, training and availability to assist you in achieving a successful conclusion. Full -Service Engineering Tailored To Meet Your Expectations Land Development and Site Engineering Whether it is a fraction of an acre or thousands of acres, the Hole Montes Land Development team of seasoned planners and engineers has the ability to convert a conceptual land plan into an engineered and economically feasible design. From the earliest planning stages, through preliminary design, permitting, final design and production of construction drawings, all of our engineers and related specialists have one goal —to meet the client's needs. The division is managed by W. Terry Cole, P.E. in Naples and Richard E. Brylanski, P.E. in Fort Myers. Stone Water Management Engineering — Hole Montes has established a reputation for its expertise and experience in developing water management systems for public agencies, residential, mining, agricultural and commercial developments. At the heart of these projects is to optimize land use while respecting flood control and environmental concerns. Master and strategic planning in conjunction with the environmental regulatory agencies is essential to maintain the balance of our ecosystem. CORPORATE OVERVIEW Coconut Point Regional Mall & Lifestyle Center So much has changed since 1966 in southwest Florido...butnot the principles upon which Hole Mantes was founded. Planning — Led by Paula McMichael, A.I.C.P., the fine provides expertise to both public and private sector dients, with significant expertise in public policy development and strategies and securing land use entitlement for projects ranging in size from just a few acres to several thousand acres. Specific areas of expertise include: growth management policy, zoning and land development regulations, economic development and diversification, natural resource protection; urban design and neighborhood planning, including strategies for promoting infill development and redevelopment, cluster and compact mixed -use development, rural lands and agricultural issues; transfer of development rights and other innovative incentive driven and performance based regulatory programs; site planning, design, and development consultation; ordinance writing; and conflict resolution, expert testimony, and public facilitation. Survey and Mapping — From the beginning, our Surveying and Mapping division, under the direction of Thomas M. Murphy, P.S.M., has also been instrumental in the growth of southwest Florida. Over the years, the Surveying and Mapping division has provided professional services ranging from residential surveys, boundary and topographic surveys, construction surveys, right-of-way route and design surveys, specific purpose surveys, hydrographic surveys, legal descriptions and subdivision platting. Hole Montes util¢es state-of-the-art drone technology to ensure accuracy and efficiency. www.HoleMontes.com HOLE MONIES WE 10-4 oj. I & C O M PAN Y 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM PARTNER RESUMES AND QUALIFICATIONS Municipal Engineering — Hole Montes' Municipal Engineering division is managed by David W. Schmitt, P.E., Vice President and Principal. In his over 39-year career, Mr. Schmitt has provided project management, planning, design, permitting and construction services on a large variety of projects. The division has been recogn¢ed as one of southwest Floddas leading providers of municipal engineering design and inspection services for many years. From stormwater management and improvements; road widening, rehabilitation or roadway extensions; from sidewalk and pathway improvements; park and recreational facilities, Hole Montes continues to play a key pan of the growth management plan for southwest Florida. Environmental Engineering — Hole Monies Environmental Engineering division is managed by Ronald E. Benson Jr., Ph.D., P.E., Senior Vice President and Principal. Over the course of his nearly 30 years with the firm, Dr. Benson has assembled a veteran team of water, wastewater and water reuse design professionals who, individually, are leaders in their profession and as a team offer unparalleled local design expertise. The projects designed and managed by the Environmental Engineering division range in size from regional wastewater treatment facilities to complex municipal water treatment plants, major utility relocations, and planning for water, sewer and reuse distribution systems. Construction Engineering Inspection —Rounding out Hole Monies' range of professional service options is the firm's Construction Engineering Inspection (CEI) division. This division has provided a broad range of CEI services for both large-scale and small-scale projects throughout Collier, Lee, Sarasota, Hendry and Desoto counties. Hole Monies offers a vast array of experience in such CEI disciplines as contract operations; cost estimation and bid preparation; CPM scheduling; materials procurement, selection and negotiation of sub-cons;Znts; quality assurance and project acceptance; cost support for conceptual design studies; preliminary design reviews; detailed constructability reviews, contract review and negotiations; development of financial reports; document control and administration, and defense and negotiation of claims, including litigation, mediation and arbitration. CORPORATE OVERVIEW 'oint Your project is not just another number for Hole Montes... Your project is always our priority. www.HoleMontesxom 541" HOLE MONTES .�" 1�:�IE�txu► v� was • '"" Ir S 41 BRIARWOOD APARTMENTS The Briarwood Community is located in Collier County northeast of the intersection of Radio and Livingston Roads. Originally approved in 1995, the PUD provided for a variety of housing types and commercial development. The main commercial parcel in Briarwood, with access to Radio Road and totaling approximately 16 acres, was purchased by Lowes but never developed. The buyer who eventually took the piece under contract looked at the site as an opportunity to meet the demand for apartments in the underserved Collier County market. Hole Montes was engaged to amend the existing PUD to convert the 15.97 acres from commercial uses to allow for 320 market -rate apartments. The PUD Amendment included a commitment to give preference to essential services personnel in renting the apartments. Items of concern from neighboring communities included vehicular access and interconnection, adequate amenities and recreational facilities, and maintenance of shared water management facilities. Hole Montes was engaged to the do the survey and engineering services required to permit the site improvements with SFWMD and Collier County Growth Management. Permit amendments to the SFWMD ERP, SFWMD Water Use, and the Collier County Growth Management Site Development Plan were secured by Hole Montes and site and building development is under way (Jan 2020) with Hole Montes providing Construction Engineering Inspection as well as construction layout. Excavation, NPDES, FDEP (water and sewer), Growth Management Construction Phasing, and Collier County ROW permits were also secured aspart of the permitting efforts for this project. Hole Montes survey department is providing construction stake -out of the designed improvements, legal descriptions and sketches related to the required easements for the development, as well as the flood elevation certifications required for each building within the development. The first units will be occupied in Summer 2020 with overall construction completion anticipated in January, 2021. Naples, CollierCounly, Florida CLIENT: BOYD LAND DEVELOPMENT, LLC DISCIPLINES: PLANNING SITE & LAND PLANNING CIVIL ENGINEERING SURVEYING KEY PERSONNEL: W. TERRY COLS, P.E. BARRY E. JONES, P.E. ROBERT J. MULHERE, F.A.I.C.P. JOHN HILTON, P.S.M. COST: $274,550 (PLANNING, SURVEYING & ENG'NEEAING) COMPLETION DATE: ONGOING 950 Encore Way • Naples, Florida 34110.239254.2000 "M 6200 Whiskey Creek Drive • Fort Myers, Florida 33919 - 239.985.1200 OLE MONTI Lf"ptiour-ool O M P A N Y 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM PARTNER RESUMES AND QUALIFICATIONS MINI TRIANGLE MPUD Collier County, Florida The Mini Triangle Mixed -Use Planned Unit Development is an innovative urban CLIENT: REAL ESTATE PARTNERS design project that will revitalize a strategic, County -owned property within the INTERNATIONAL, LLC Bayshore / Gateway Community Development area. This small (5.5 acre) infill redevelopment project on a 'catalyst" site in urban Collier County is a unique project DISCIPLINES: as it provides for a dense and intense mixture of uses in the County's CRA and is PLANNING to spur further investment and redevelopment in the area. Approved uses SITE &GIN PLANNING LANintended CIVIL ENNGINEERING include mule -family, ALF, hotel, retail, office and personal service type uses, within up SURVEYING to three 15-story buildings. CEI SERVICES In order to allow flexibility in the ultimate design of the site but to ensure that it meets KEY PERSONNEL: the requirements for Mixed -Use (commercial and residential) and the desired urban W. TERRY COLE, P.E. form, the PUD includes minimum and maximum densities and intensities and BARRY E. JONES, P.E. minimum building heights and setbacks, as well as requirements for landscaping and ROBLA N.C. MCMICHPPL. A.l C.P. ERTstreetfurniture J. MURPHY,, F.A.M. alongadjacent streets in order to enhance the public realm. � p THOlMS M. MURPHY, P.S.M. THOMAS COST: HM FEES: $171,000 (ENGNEERING & PLANNING) COMPLETION DATE: ON -GOING 950 Encore Way • Naples, Florida 34110. 239.254,2000 �M 6200 Whiskey Creek Drive • Fort Myers, Florida 33919 , 239.985.1200 oEE MOrrrES S I E NA LAKES (A CONTINUING CARE RETIREMENT COMMUNITY) In 2009, Hole Montes prepared the rezoning application and preliminary site engineering for Life Care Services to build a mufti -phased, senior living and assisted living community on a 35-acre parcel of land off Orange Blossom Drive in northern Collier County. Due to a downturn in the economy, the project was delayed and Erickson Living, a national leader in the senior housing industry, purchased the property in January of 2016. Siena Lakes consists of 431 independent living apartments, 47 assisted living apartments and 30 skilled nursing / memory care beds. Construction began in late 2017. Hole Montes' scope includes the preparation of zoning amendment documents, site and land planning, civil engineer, surveying, permitting, post design and CEI services up through final certification for this project. Naples, Collier County, Florida CLIENT: ERICKSON LIVING DISCIPLINES: PLANNING SITE & LAND PLANNING CIVIL ENGINEERING SURVEYING CEI SERMCES KEY PERSONNEL: W. TERRY COLE, P.E. BARRY E. JONES, P.E. PAULA N.C. MCMICHAEL, A.I.C.P ROBERT J. MULHERE, F.A.I.C.P. THOMAS M. MURPHY, P.S.M. COST: HM FEES: $797,887 COMPLETION DATE: ONGOING 950 Encore Way - Naples, Florida 34110.239.254.2000 �M 6200 Whiskey Creek Drive • Fort Myers, Florida 33919.239.985.1200 OLE MonrrEs LIP!O M P A N Y 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM PARTNER RESUMES AND QUALIFICATIONS Florida Department of Agriculture and Consumer Services Division of Consumer Services License No.: LB1772 ia Board of Professional Surveyors and Mappers Expiration Date February 28, 2021 2005 Apalachee Pkway Tallahassee, Florida 32399-6500 Professional Surveyor and Mapper Business License Under the provisions of Chapter 472, Florida Statutes HOLE MONTES INC 950 ENCORE WAY NAPLES, FL 34110 NICOLE "NIKKI" FRIED COMMISSIONER OF AGRICULTURE This is ro canny th. the prof sional surveyor and mapper whore —and address are shown above is licensed n required by Chapter 472. Florida S—.. r- .r F Ron DeSantis, Governor r o _ Halsey Beshears, Secretary a .aodbpr •,N r'OD W'E iR�� STATE OF FLORIDA DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION BOARD OF PROFESSIONAL ENGINEERS THE ENGINEERING BUSINESS HEREIN IS AUTHORIZED UNDER THE PROVISIONS OF CHAPTER 471, FLORIDA STATUTES HOLE MONTES, INC. 715 10TH ST S NAPLES FL 341060000 LICENSE NUMBER: CA1772 fj EXPIRATION DATE: FEBRUARY 28, 2021 Always verify licenses online at MyFloridaLicense.com Do not alter this document in any form. .Fka-z- This is your license. It is unlawful for anyone other than the licensee to use this document. & C 0 M P A N Y 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM PARTNER RESUMES AND QUALIFICATIONS r% - 1_ - --I- I ■ ■ _ _ 111- - _- - •l@ A 1 Ah Mr. Mulherds area of expertise is in public policy development and strategies, particularly in the areas of growth management, entitlement and zoning: affordable housing: economic development and diversiticatil ■h natural resource protection, urban design, neighborhood planning including infill development and redevelopment, cluster and compact mixed -use development, rural lands and agricultural issues. transfer of development rights, innovative incentive driven and performance based regulatory programs; entitlement, site planning and development consultation; ordinance writing: and, conflict resolution, expert testimony, and public iaciritaticn. PROJECTS Consultant for the Immokalee CRA to prepare a raw Master Plan for the rural agricultural community of Immokalee, as well as a now set of land development regulations for both Immokalee and the Gateway- BoyshoreCRA (in urban Collier County). Additionally, Mr. Mulhere was engaged as a teem member end subconsultanl on the Collier County Watershed Management Plan and the Collier County Master Mobility Plan, two significant planning initiatives. Mr. Mulhere has worked on numerous award winning plans, including the development of the Collier County Rural Lands Stewardship Area (RLSA) and Rural Fringe Area programs. PROFESSIONAL Education MPA, Florida Gulf Coast University, 2001 B. A- Political Science. St. Michael's College, UT, 1977 Professional Registration _ American Institute of Cartb9d Planners, Fellow Certified Planner Number: 010931 Professional Affiliation • Member American Institute of Certfied Planners (AICP) IPresent) • Member American Planning Association (APA)(1989-Present) • Chair, Southwest Florida Regional Planning Council (Gubernatorial Appointee) • Appointed to Collier County Development Services Advisory Council (2002 - present, Chair 2005) • Chairperson, Promised Land Section of the Florida Chapter APR (2001 - 2002) • Member, Untiad Way of Collier County Boardot Directors (2002 - 2008, President2007) • Past Member Economic Development Council (EDC) of Collier County Board of Directors (2007-Chair 2010-11) • Member Greater Naples Chamber of Commerce Board of Directors (2007-2012) • Member Leadership Collier Foundetion Board of Directors (2007-2012) • Maroc Island Charter Middle School Board (2001 -2005, Chair 2001, 2002) • Past Member, Marco Island YMCA Board of Directors, (Pros. 1996, 1999) - ■_\'i 1'1:1 tiMf:'ACCOMPL15eilliNEAT5 • Alumni of Distinction FGCU-2006 • 1997'Merso Island Citizen of the Year Award' - Naples Daily News • FAPA "Award of Merin in 2000 • PAPA "Award of Excellence" in 1997, 2001 • Distinguished Leadership Service Award from YMCA of the USA in 1997 • Distinguished Fundraising Service Award from YMCA of the USA in 1996 • Presenter at numerous APA,FAPA, Ull Chambers of Commerce Events 950 Encore Way • Naples, Florida 34110.239.254,2000 6200 Whiskey Creek Drive • Fort Myers, Florida 33919. 239.985.1200 HOLE MONTES This cerEifical:e hercbu qualiftcs Robert J. Mulhere, AI P as o member with all the benefits (if -a Certified Danner and a commirmienE to she .kIC1' C oldie ill F.rhics and Professional Conduct. �:e1•iifTaci�lanner;tiumber ,yis�3: Paul Firmer, FAICP F�otvrive Direelor and CFO The Arne -tan Planning ArA*4tir+s Pr ix+al llwlRvm Arrrriart twillIrYRir of `- III•dFbnrms MatlhP Geaa Ca�mxrans Awn f� f {:r+llxla 8iliin�lc}',.il(.P I'rukdcor kLf I P&M 0 M P A N Y 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM Norman j. Trebilcock,A]QP.E. President, Trebilcock Consulting Solutions, PA PARTNER RESUMES AND QUALIFICATIONS Mr. Trebilcock specializes in transportation engineering. His professional experience includes highway design; signalization; utility relocation; drainage design; street and site lighting; access management; and permitting projects. He prepares and reviews traffic Impact statements and related reports. He has attended _ numerous transportation seminars, and held leadership positions on many Transportation -related task forces and in professional societies. Mr. Trebilcock served as the first Public Works Director for the City of Marco Island (1998-2000). As Public Works Director, he successfully transferred services within 30 days from Collier County Government (i.e., parks and recreation, streets and drainage, bridges, waterways, land development permitting, and beautification); developed master plans and multi -year capital Improvement programs for Public Works; secured the city's first stormwater quality Improvement grant from the South Florida Water Management District (SFWMD); and established successful privatization program for efficient delivery of services. Representative Project Experience • BONA Golf Course Rezone - Golden Gate RPUD; Collier County, FL The project parcel is located within the Golden Gate Master Plan, and is designated Urban Residential Su bdislrict and Urban Commercial Subdistrict. TCS conducted an access management analysis and prepared a Traffic Impact Statement for the project rezone application. • Old 41 Downtown Improvements Design -Build; CBy of Bonita Springs, FL. Reconstruction of Old 41 as a complete street with sidewalks, bike lanes, narrow median, and two roundabouts (in coordination with Michael Wallwork) as part of the design -build team. Provided emergency signal, street lighting, signing/marking, Traffic control and decorative banner arm design services. • Estero Parkway Design; Village of Estero, FL - Improvements to this 4-lane suburban section roadway from US 41 to Three Oaks Pkwy as the Village's first roadway improvement project. TCS was responsible for data collection and analyzed intersections in coordination with roundabout engineer, Michael Wallwork. Prepared Access Management/Design Criteria Report; street lighting plan; signing and marking plan; Traffic Control Plan; speed zoning anaysis; and signal warrant analysis study. • Rattlesnake Hammock Rd (CR 864) East of Collier BNd; Collier County, FL. The project was a 1-mile reconstruction converting an existing 2-lane rural section to a 4-lone urban section with on street bike lanes and sidewalks. Project also included construction of a bridge just east of the intersection with Collier Blvd. Traffic operations design included signing; pavement marking; channelization; lighting; and signalization. TCS worked with different consultants on this corridor and was responsible for varying tasks to include intersection grading, signal modifications, signing/markings, coordination with the bridge construction, and SFWMD permitting at the Rattlesnake Hammock Rd/Collier Blvd intersection. East of Collier Blvd, tasks included working with staff to adopt a speed limit resolution for roadway (Resolution 2013-256); updated the access management plan (Resolution 2013-257); street lighting; signing/marking plans; and pavement design. The roadway terminates at Hacienda Blvd (aka Benfield Rd), for which TCS prepared a Design Criteria Report and prepared skeet lighting as well as signing/marking plans. Hacienda Blvd is a future parallel refever facility to Collier Blvd (1.5 miles of the 20 mile corridor runs within Hacienda Lakes PUD). • Provided technical expertise for transportation issues affecting land development projects including Ave Maria SRA Mediterra PUD, Pelican Marsh PUD, Ley PUD, Pelican Bay PUD and Grey Oaks PUD. Prepared more than 300 Traffic Impact Statements for residential, commercial and public projects. • Designed street lighting systems for Arborwood CUD, Woodlands CUD, Airport -Pulling Road, Golden Gate Parkway, Goodlette-Frank Rd, and Vanderbilt Beach Road. Completed over 300 site lighting projects -commercial and residential. • Designed Intersection signallzallon systems for 35 locations in Southwest Florida, including most arm and concrete strain pole installations. FDOT Access permits for many locations including Pelican Bay, Creekside Blvd, Price Plaza, Naples South Plaza, Moorings Plaza, Fronterra, and Pelican Marsh PUD. Prepared speed studies, traffic calming, design criteria and traffic monitoring for more than 30 project locations- residential commercial and pubic sites. Prepared parking studies and parking needs analyses for more than 20 locations - residential, commercial and public sites. VOUCH eldeelAY¢elllBrrlrr Length of &Krfence 1990 - Present Education . University of Fbrida Master of Eng. in Public Works, 1989 . University of Miami B.S. in Civil Engineering, 1988 • US Army Engineering School Engineer Officer Basic Course, 1988 Licenses/ Certifications • Professional Engineer, Florida #47116 • Certified Planner, American Institute of Certified Planners . Certification, FDOT Advanced Work Zone Traffic Control The firm is registered by the Florida Department of Transportation (FD OT) and South Florida Water Management Disinct (SFWMD) as a Small Business Enterprise (SBE). Affiliations . American Planning Association • American Institute of Cerfified Planners • American Society of Civil Engineers • Florida Engineering Society, Calusa Chapter (Past President) . Institute of Transportation Engineers . Illuminating Engineering Society . Society of American Military Engineers 2800 Dads Blvd, Suite 200 1 Naples, FL 34104 P 239.566.95511 w Jrebilcock.biz J1 k541111111 WIPC 10 M P A N Y 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM PARTNER RESUMES AND QUALIFICATIONS v TPODIICOCN I planning•enaineerina Comoanv Bio Established in 2007, Trebilcock Consulting Solutions, PA (TCS) is a locally owned consulting engineering firm specializing in transportation engineering. The firm's founder and principal, Norman J. Trebilcock, AICP, P.E., has been a member of the Southwest Florida community for over 30 years, working in both the private and public sectors. The TCS Team provides innovative transportation engineering and design services to local governments, state and federal permitting agencies, and private clients in Southwest Florida. Our client list includes local governments and agencies, prominent engineering companies, and renowned land developers. TCS is certified as a Small Business Enterprise (SBE) by the Florida Department of Transportation and the South Florida Water Management District. The firm is also prequalified in several FDOT Work Groups. Company Background (if you want to use this instead of above) • Principal has over 30 years of experience as a Transportation Engineer and Planner in Southwest Florida. • Leading locally owned and operated planning/engineering firm specializing in transportation and traffic planning/engineering. • The firm is certified as a small business enterprise with the SFWMD and FDOT. Veteran owned business. • Provides transportation engineering and planning for the design of traffic calming, traffic signals, signing and marking, maintenance of traffic, site and street lighting, and transportation and traffic reports. • Since firm was founded in 2007, has prepared over 300 Traffic Impact reports and 300 lighting plans for public and private clients. Staff Bios Norman Trebilcock, AICP, P.E., has more than 30 years of experience as a Transportation Engineer, providing design of traffic signals, signing and marking, site and street lighting, maintenance of traffic, and transportation and traffic reports in Southwest Florida. Norman holds degrees in Civil Engineering from the University of Miami, and Public Works from the University of Florida. Early in his career, Norman was active in the U.S. Army Reserves and the Florida National Guard. He provided emergency response support after Hurricane Andrew in Miami for which he was awarded the Florida Distinguished Service Medal. He also feels strongly in giving back to the community, volunteering his time and engineering efforts on many community boards, projects and in our public schools, and helping as far away as Haiti to provide better living conditions for those in dire need. Ciprian Malaescu, E.I., is a Project Engineer with over 14 years of professional experience. He specializes in traffic engineering evaluations for transportation networks. His experience also includes land development, site drainage design, permitting, and transportation system evaluation and certification projects. His core competencies include preparing engineering reports and support documents, team collaboration, code Trebilcock Consulting Solutions, PA • 2800 Davis Boulevard, Suite 200 • Naples, FL 34104 Phone 239.566.9551 • www.trebilcock.biz research, conceptual engineering design, and computer drafting and design (CAD). He compares, digitizes and integrates various data sources using professional software such as Excel, Hec-Ras, AutoCAD, Synchro, HCS, and OTISS Pro. Daniel Doyle, E.I., is a Project Engineer with over 28 years of experience in the design of lighting and electrical power systems, and is competent in industrial control systems and instrumentation. His core competencies include preparing traffic and engineering studies, code research, and conceptual engineering design. He compares, digitizes and integrates various data sources using professional software such as the latest edition of the Institute of Transportation Engineers (ITE), OTISS Pro, and AutoCAD. Miguel Denny is a Senior Designer with more than 3S years of experience. He is responsible for generating technical plans, designs, and materials for major lighting and roadway design projects. As Senior Designer, he prepares plans in accordance with applicable local, state and Federal criteria, such as the Florida Department of Transportation (FDOT) Manual on Uniform Traffic Control Devices (MUTCD). He is responsible for design of transportation projects such as for permit applications; traffic control, signing & pavement marking; intersection improvements; shopping center, street, area and sports lighting; sidewalk projects; landscaping projects; management of locates for construction projects; and management of traffic counts and data collection. Miguel is proficient in the use of Bentley MicroStation, GEOPAK, Fiber, Descartes, Auto Turn, and Guide Sign. David Julien is a Designer/Engineering Technician with over 32 years of experience. He is responsible for design of street and site lighting, traffic/pedestrian signal systems, signing and marking plans, Maintenance of Traffic (MOT) plans, and roadway projects. He prepares plans in accordance with applicable local, state, and Federal criteria, such as the Florida Department of Transportation (FDOT) Manual on Uniform Traffic Control Devices (MUTCD) and the Manual on Uniform Traffic Studies (MUTS). His duties include preparing permitting and construction plans, design calculations, and cost estimates; creating detailed preliminary and final plans; modifies drawings as directed based on site plan changes and review comments; preparing exhibits for meetings and projects; assists in preparing and modifying traffic studies, specifications, plans, construction schedules, environmental impact studies; plans and conducts field surveys of project sites. David is proficient in the use of the most current versions of AutoCAD Civil 3D, Visual Lighting Software, Bentley Auto Turn and Guide Sign, GIS tools. DBE MBE Trebilcock Consulting Solutions is not a DBE or an MBE; however, the firm is certified as a SBE with FDOT and SFWMD. The firm is also a Veteran Owned business Office Location Trebilcock Consulting Solutions, PA 2800 Davis Blvd., Suite 200 Naples, FL 34104 Telephone: 239.566.9 551 Fax: 239.566.9553 Web: www.trebilcock.biz Page 2 d 2 Lf& C 0 M P A N Y 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM PARTNER RESUMES AND QUALIFICATIONS COLLIER COUNTY BUSINESS TAX BUSINESSTAX NUMBER' 070954 COLLIER COUNTY TAX COLLECTOR - 2800 N. HORSESHOE DRFVE - NAP LES FLORI UA 14104 - (209) m-2477 VISlr DUR WE&SITE AT: www.colliertax.com THIS RECEIPTEXDiRES SEPTEMBER 34, 2020 LOCATION- 2800 DAVIS BLVD STE 200 ZONED: C-4 GTM UD BUSINESS PHONE: 240-3863 STATE OR OOUNTY LIC 9:47116 CLASSIFICATION: ENGINEER CLASSIFICATION CODE: 036DOSOI `+ IL 'F + 1 �= am-�-'`ter � 441 Tft docuri&rrt is a business Ua only. This i5 not WrW@kon INS • +�� I! does got pRrndt the licensee to riolate any exislin9 regulatpry zaNrg nor does it exempt the licensee !rum arry othertaxee cx permils thM maybe DISPLAY AT PLACE OF BUSINESS FOR PUBLIC INSPECTION. FAILURE TO M SO IS CONTRARYTO LOCALLAWS. TREBILCOCK CONSULTING SOLUTIONS. P.A ALCOCK, NORMAN J. DAVIS BkVO STE 200 .ES, FL 34104 -iH15 TA;( IS NOFI.REFUNDABLE- DATE OW3012019 AMOURT 30. DO RECEIPT SCO-20-00141621 -e 31 R" RICK SCOTT, GOVERNOR JONATHAN ZACHEM, SECRETARY d r STATE OF FLORIDA DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION BOARD OF PROFESSIONAL ENGINEERS THE PROFESSIONAL ENGWEER HEREIN iS LICENSED UNDER THE PROVISIONS OF CHAPTER 471, FLORIDA STATUTES TREBILCQCK, NORMAN JOHN EXPIRATION DATE: FEBRUARY 28, 2021 Always verify licenses online at MyRoridaLicense.com p,g�p A do not alter this document in any form. �a Thls is your license. It is unlawful for anyone other than the licensee to use this document. Lf P97 0 M P A N Y 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM PARTNER RESUMES AND QUALIFICATIONS FDOT Florida Department of Trrrrr yorAtation RON T}RSANTrs 605 Suwannee Street GOVERNOR Tallahassee, FL 32399-0430 May 14, 2019 Norman Trebilcock, President TREBILCOCK CONSULTING SOLUTIONS, P.A. 2800 Davis Boulevard, Suite 200 Naples, Florida 34104 Dear Mr, Trebilcock: KEVIN.T. TTrrRAITY, P-R, SECRETARY The Florida department cf Transportation has reviewed your appl cation for prequalification package and determine❑ trat the data submi-ted is adequate to tecnnically prequalify your fir^i for the following types of work: Group 3 - Highway Design - Roadway 3.1 - Minor Highway Design Group 6 -Traffic, Engineering and Operations Studies 6.1 -Traffic Engineering Studies 6.2 - Traffic Signal Timing Group 7 -Traffic Operations Design 7.1 - Signing, Pavement Markirg and Channelization 7.2 - Lighting 7.3 - Signalization Group 10- Constructicn Engineering Irspection 110.1 - RDacway Construction Engineering Inspection Group 13 - planning 13.4 - Sys -ems Planning 13.5 - SubareaJCDrrldar Planring 13.6 - Land Plann ng/Engineering Your firrg is now technically prequalified with the Department for Professional Services in the above referenced work types. Your firm may pursue projects in the referenced work types with fees estima-ed at less than $500,000.00. This status shall be valid until May 1-1, 2020 for contracting purposes. Should you have any questiors. please reel free to comact me by email at carIiayn.keI1@dct.state.fl.us or by phone at 850-414-459 r. CBHKfkw Sincerely, Z;� Z/;�ff Cadiayn Kell Professional Services Qualification Administrator Lf& C 0 M P A N Y 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM PARTNER RESUMES AND QUALIFICATIONS K CY4001 Tomiami Trail North, Suite 300 Naples, Florida 34103 COLEMAN I YOVANOVICH I KOESTER T: 239.435.3535 1 F: 239.435.1218 Richard D. Yovanovich Experience/History: Rich Yovanovich is one of the firm's shareholders. He was an Assistant County Attorney for Collier County from 1990-1994. As an Assistant County Attorney, he focused on land development and construction matters. Mr. Yovanovich has an extraordinary amount of experience in real estate zoning, construction and land -use, including projects ranging from residential and commercial projects to large developments of regional impact. Professional Activities/Associations The Florida Bar Collier County Bar Association Awards &Awards & Recognition Recognized in 2010-2017 editions of The Best Lawyers in American for Real Estate Law AV Preeminent Peer Rating by Martindale Hubble Education: University of South Carolina: J.D. 1987 and M. Ed., 1986 Furman University: B.A., cum laude,1983 Bar & Court Admissions: Florida, 1988 U.S. District Court, Middle District of Florida U.S. Court of Appeals, Eleventh Circuit cyklawfirm.com kL@ I WRIO M P A N Y 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM PARTNER RESUMES AND QUALIFICATIONS distinctive i inspirational' architecture' MEMBERS AND FIRM RANDALL STOFFT & JOHN COONEY BIO'S: Randall Stofft as the President and Founder of Randall Stofft Architects in Delray Beach, Florida and partner of Stofft Cooney Architects in Naples, Florida; Stofft and John Cooney have both accumulated a reputation for exemplary, award winning architecture that's best described as the brilliant blend of form and vision, style and structure. Throughout their 30+ year careers, both firms have been honored with a range of projects including intimate high end residences to substantial estates, mixed use buildings, luxury resort properties, commercial projects and extraordinary gated communities. Stofft and Cooney have amassed a portfolio of awe-inspiring architecture throughout the United States, the Caribbean, Europe and select locales of the world. With Randall at the helm to ensure that each project is as extraordinary as it is original — clients are assured of personal attention combined with an individualized celebration of the architectural design experience. Their scope of work encompasses all genres to reveal influences from diverse styles during the course of history, including Modern, Classical Tropical, Old Florida Revisionist, Mediterranean, Bermuda and West Indies. Both partners have earned countless awards, honors and respect within the industry. kL@ I P&M 10 M P A N Y everlasting Our vision for a I I vie create is to pass the test of time and de s p n a unique piece of arc hitect ure forge ne rations to come. By ad he ring to our core principles a rd architect u ra I standards, as well asattantion to the fineK cletai Is. we seek to make each endeavor an enteafVorigmaIwo rk With strong customer service mind set and our own am&ion, we strive to eyreed ourcI ents' expectations. __:. f s t y I le ■ At it 06. .�r rrrr�..��y .�■� d� ��, i.ii�.�„'� _ jwr. •r'i►`�. � `►�� '�;. a� _ ., _ 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM PARTNER RESUMES AND QUALIFICATIONS everlasting design. P.- ,f, ever pre-ise ar--Htectwal det,il nas as much s gnificErice as the rrost -najcr--orrporier-s r• o,r des gr. These might be tl ie fu�c.i:::nFI as.pem of a hcrre, o- whimsica arc-Aectura embelli3h-nents AI of tFese add to the depth and di-nersior when creating a dis .:t ;e piece c•f arch tecture. These iricue fea=ures wil captu-e yc•u- e-tentic•n as you ponder •:-Arit ne've c-eat-cd ik Lletiour-olm I & C 0 M P A N Y inspirational. Stand in any room, in any home, on any continent arxf it conveys a mood k may impress you with how elegantly ik iulf'1i I, its purpose. tether it's a prwate residence or a grand beach raaort, a glowing high-rise or an intimate senior- living corm un i t y, our designs carry a personality a rd.spiritualitythat we hope wiH insprre and enhanceour clients' l f ivies 1 "� �I��d' IIIlllllll IIIIII � illi~ im i' i� i �"'•I�1�t�ii i�i in�b .,' r .. mil 1�•, � s _ AI rsL.a.V Ida- NUNN Il "RESSIFFf .. L j.�M _ IY h - x { f NO o v 9 r I a s t i �t Off;z . N' } S t a t e m e n. r ,ijRAW i� lie - 44, fi 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM PARTNER RESUMES AND QUALIFICATIONS architectural. 1 � & C O M PAN Y 6. QUALIFICATIONS AND SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM PARTNER RESUMES AND QUALIFICATIONS Randall Stofft way bo •i in C icago w ie e he )ecarne mpired by'J e e:xquisita arcnitecture cf t.ns citj irid influerice:d by arch tccturcl ccn. I ank _Ioyd',Vrig il. Educalef at .ha Jrrverxil,. crAriLonc. ?andal p-acliced arcritertu-e.-c•r aeve al yeas at tFe -enowned fir•n Skid•nore, U,mings & IJF•:11, hatora Iau•iawig Harr1P.11 Srnh'-Arrwita; rs it South Flr.•ira, n 1:-05. lodeV the'inT' 5 ;xyrthol o s J ,'ors •iad a° the r Jews' tas'a Prid Ii,est'y1e5, earning mjl:iple state aic natoml irdu. ,tryawam: VVi-h an impecca-le rr-pwmnr a-d n, nTr nal nnsvicn -n• ca: n ra 3r: t9 Tu C, Fnr^11;11 Stafft's p,rtralio ;:peaks v-,lanes ab,r,t a mai'-. determination .o orea-,e the c�ac: rc: r arr. l',s a Fa-tner o Stcff- Gacney A chitec-s in Rap:e-,, Flor Jf , John Cooney has ❑cc rru at•x o ieputzi:Lr: fu ex�r-p wy, avacrd vein iirg, c scris tIiat's bes- cescr bed as a sop :is tic elac blei do I r(3-r, a-td ti iswn, e.yle 6r)J alr,;cture, G'wv rig up ri New '''ark Jch -'s sense cl ceait,n 7-�jan to de�elap a5 he v,as exposed tj n o iy aifferant bip s ar d st;fes if arch cec:tLre. Fie a_te iced and g'aduated hom tie SOW of .A ohitec-u e and E•,vtonriental Design of Kent State 1Iriversit;, locate, it Ke-t, Ohio. John Gooney's des ans sp�cielca n :r9a ing a t rrelass ho.. na -.iat rnmplemarrs n ie s litasyia. m & C 0 M P A N Y honored. 1�`� , .31 cliefu "Ir w. r has bee-i i zx-j :,j the arch In:.t iral - ie-,ia a r J rdsimr,, peers 'rile a-c-ijr -nos- n kuded pr:�je�ts is c c. x- q jar�-Iicl tv. •- 1 a -ida j, h 'ront -a,�ing -1 i� _J I t eF L'�m izr�- aurps r dea -c- rT j kP� ae i �i i a-�empn p, r, Hrid .ci 'NIIII rehak can k� a=vr. ph -I :90 ki:"e L-1- oasis by tile beach i <r —F- 9-1 -P—P try F—IFG V'F-k CPkfc— �o ?rg-d *1 -:.I -A --M Yygy df Sn I E21 10 -I< Y49 6J ?Lry me i2,o poN Lk -ESSEN! N. - Ave IL dW TM -RANDALL STOFFT STOFFT COONEY DELRAY OFFICE 42 North Swinton Ave Delray Beach, FL 33444 5561 f 243 9799 N A P L E S OF F I C E 633 Ninth Street North, Suite 309 Naples, FL 34192 S239j 262 7677 S A HAS O T A OFF I C E 109 North Washington Blvd #1 Sarasota, FL 34236 5941 j 316 0936 ire f @ 0 00. 7. LOCAL VENDOR PREFERENCES NONE TO CLAIM 11-4 oi. I r- *"-I I & C 0 M P A N Y 8. STATE BUSINESS CERTIFICATE ]`State of Florida Department ofState State I certify from the records of this office that GORIkLAN & COMPANY, LLC is a Wisconsin limited liability company authorized to transact business in the State of Florida qualified on January 31, 20IS. The document number of this limited liability company is M 18000001111. I further certify that said limited liability company has paid all fees due this office through December 31, 2019, that its most recent annual report ►;•as filed on Febmary 14" 2019" and that its status is actiT.Te" I fui ther certify that said limited liability company has not filed a Certificate of Withdrawal_ Given under my hand and the Great .Sent of the State of Florida at Tallahassee, the Capital this the Tivenf fourfh daT ofJanuaoy, )p2p kw� Secretary ofStale Iracling !lumber: 7193261WCU Io authenticate this cerbfxzte visit the Mor ing site,enter tios der, mdfLm fullas the instructiom displayed s:+sersices.suaba.or .F' 'rCertifirateOtStatuvr-ertidcatelto&eatics " & C 0 M P A N Y 8. ADDENDA Co 7eT County Email: evelyn.colon@colliercountyfl.gov Administrative Services DhAsion Telephone: (239) 252-2667 Procurement Services Addendum 1 Date: December I7, 2019 From: Geoff Tbomas, Procurement Strategist To: Interested Bidders Subject: Addendum # 1 Solicitation # and Title 20-7698 PUBLIC PRIVATE PARTNERSHIP (P3) - HOUSING AND LAND DEVELOPMENT COMPONENT AT THE FORMER GOLDEN GATE GOLF COURSE The following clarifications are issued as an addendum identifying the following clarification to the scope of work, changes, deletions, or additions to the original solicitation document for the referenced solicitation: Change I. Revised Invitation to Negotiate (ITN) Instructions Form. Change 2. Updated language in sections 1.4 of the Invitation to Negotiate. Change 3. Insurance Requirements If you require additional information please post a question on our Bid Sync (www.bidsynacoml bidding platform tinder the solicitation for this project. Please sign below and return a copy of this Addendum with your submittal for the above referenced solicitation. (Signa - Date Gorman & Company, LLC (Name of Firm) Caller County Administrative Services Division Procurement Services Date: December 26, 2019 Email: Viviana.Giari moustas@colliercountyfl.gov Telephone: (239) 252-8375 Addendum 2 From: Viviana Giarimoustas, Procurement Strategist To: Interested Bidders Ir Subject: Addendum # 2 Solicitation # 20-7698 PUBLIC PRIVATE PARTNERSHIP (P3) - HOUSiNG AND LAND DEVELOPMENT COMPONENT AT THE FORMER GOLDEN GATE GOLF COURSE r The following clarifications are issued as an addendum identifying the following clarification to the scope of work, changes, deletions, or additions to the original solicitation document for the referenced Ir solicitation: r Attachment A and Appendix B have been added below. i If you require additional information, please post a question on our Bid Sync (www.bidsync.com) bidding platform under the solicitation for this project. Please sign below and return a copy of this Addendum with your submittal for the above referenced solicitation. (Signature) Date Gorman & Companv. LLC (Name of Firm) kLOW I P&M 10 M P A N Y 8. ADDENDA A_ran,ty Email: AdmidstrabwSeMcesDMEi en Vivian.Giarimoustas@colliercountyfl.gov PfmufErOard Services Telephone: (239) 252-8375 Addendum 3 Date: January 3, 20120 From: Viviana GiarimOnstas, Procurement Strategist To: Interested Bidders Subject: Addendum # 3 Solicitation # 20-7698 PUBLIC PRIVATE PARTNERSHIP (P3) - HOUSING AND LAND DEVELOPMENT COMPONENT AT THE FORMER GOLDEN GATE GOLF COURSE The following clarifications are issued as an addendum identifying the following clarification to the scope of work, changes, deletions, or additions to the original solicitation document for the referenced solicitation: 1. This solicitation is being extended to Tuesday, January 28, 2020, 3:00 PM EST. 2. Please see the following clarifications in response to inquiries received regarding Solicitation #20- 7698, for a P3 housing and land development component at the former Golden Gate Golf Course. Some interested proposers have asked for clarification regarding rental rates and income requirements and what the County is seeking to develop. The County is seeking to provide rent limited rental units, where renter qualifications maybe based on occupation and income but where income is not a final limiting factor. It is conceivable that rental units while being rented at a rate equivalent to 80% Area Median Income (AM]) and its occupants have an income above 100% AMI. In the responses to this solicitation proposers should demonstrate that they have the capability, vision, and flexibility to work with the County and the Community Foundation to develop, manage, and maintain this project, These responses should remain high-level demonstrations that exhibit the firm's capabilities, project specific details will be identified through a consulting phase with input from the County, Community Foundation, and selected firm. The selected proposer will begin a two-step process. In the first step (consulting and business plan development phase), the firm will enter into an exclusive partner contract with County to refine their proposal by working with the County to go through the zoning process, define the land to be set aside, create preliminary site plans, and develop a final business plan. The plan will solidify the rental rates, criteria for qualifying, and finalize the ownership and management terms. In this phase the selected firm will be at the table with the County, the Community Foundation, and the engineering/planning firm as a partner. Upon completion of the business plan, the selected firm would work with the County to finalize the contract for the project. Step two (construction, management, and ownership phase) would bring a detailed contract to the Board with specific terms and conditions along with the committed financial support of the Community Foundation. The following clarification points should provide clarification regarding the solicitation. Within the introduction the second paragraph includes the following sentence: • In addition, the OFFEROR must produce a product that will be affordable to households earning between 30-80% of Area Median Income. This should be: • In addition, the OFFEROR must -should produce a product *hat wijl be a ff- .dadae to households earfliR with target rental rates between 30-80% of Area Median Income (ex: 2019 max rents — one bedroom $1,175, two bedroom $1,410. three bedroom 1 629). In regard to the Detailed Scope of Work, subsection 2: • The following correction to the following sentence: For example, those proposals offering a variety of unit types and *Reeme rental levels containing all the uses listed may rate higher than a proposal with only some of the uses. • The County is not seeking to develop a low-income housing development but to provide affordable housing for essential services employees in the County • A minimum of 10% of units should be set aside for seniors, veterans, considerations for these individuals with special needs will be viewed favorably. • A majority of the units will be reserved for Essential Services employees and their families: o Teachers o fire fighters o sheriffs officers o nurses o EMTs o etc. • Proposers that present target rental rates between that are equivalent to between 30-80% of Area median income are preferred • Proposals with rental rates exceeding 80% of area median income should provide justification for the proposed rates (ex: 2019 max rents = one bedroom $1,175, two bedroom $1,410, three bedrooms $1,629) • State or Federal funding is not required in order to submit a proposal but may be sought by proposers • Income based criteria for renters is only applicable to the extent that may be required if State or Federal funding is obtained, otherwise renters are not required to meet income thresholds Within the Scoring Criteria for Ranking Proposals section, Evaluation Criteria No. 2, subsection 3: • The third bullet point is mistyped it should be split into separate bullet points as laid out in the Detailed Scope of Work Section o Define project set -asides ■ at least 10% for seniors, veterans, considerations for these individuals with special needs will be viewed favorably. essential employees and their families such as: teachers, fire fighters, sheriff s officers, nurses, and EMTs, etc. 1 L54 PIPCO M PAN Y 8. ADDENDA If you require additional information, please post a question on our Bid Sync (www.bidsync.com} bidding platform under the solicitation for this project. Please sign below and return a copy of this Addendum with your submittal for the above referenced solicitation. ^ (S Gorman & Company. LLC (Name of Firm) Da e Admirtstra>jve 5eNces Division Prawremeni Seivioes Email: evelyn.colon@colliercountyfl.gov Telephone: (239) 252-2667 Addendum 4 Date: January 10, 2020 From: Evelyn Colon, Procurement Strategist To: Interested Bidders Subject: Addendum # 4 Solicitation 4 and Title 20-7698 PUBLIC PRIVATE PARTNERSHIP (P3) - HOUSING, AND LAND DEVELOPMENT COMPONENT AT THE FORMER GOLDEN GATE GOLF COURSE The following clarifications are issued as an addendtim identifying the following clarification to the scope of work, changes, deletions, or additions to the original solicitation document for the referenced solicitation: Change 1. Removing the original copy of the solicitation. Addendum 1 provided a revised version. If you require additional information please post a question on our Bid Sync (www.bidMc.com) bidding platform under the solicitation for this project. Please sign below and return a copy of this Addendum with your submittal for the above referenced solicitation. (Sig shire) Da Gorman & Company, LLC (Name of Firm) k5W WIPCIO M P A N Y 8. ADDENDA Col .1e S Cora lty Administrative Services Dxv sien Procurement services Email: evelyn.colon@colliercountyfl.gov Telephone: (239) 252-2667 Addendum 5 Date: January 15, 2020 From: Evelyn Colon, Procurement Strategist To: Interested Bidders Subject: Addendum # 5 Solicitation # and Title 20-7698 HOUSING AND LAND DEVELOPMENT COMPONENT AT THE FORMER GOLDEN GATE GOLF COURSE The following clarifications are issued as an addendum identifying the following clarification to the scope of work, changes, deletions, or additions to the original solicitation document for the referenced solicitation: Change I. Changes the title on this project and removes the "Public Private Pattnership" reference throughout the solicitation document. A revised solicitation is being provided. If you require additional information please post a question on our Bid Sync (www.bidsync.com) bidding platform under the solicitation for this project. Please sign below and return a copy of this Addendum with your submittal for the above referenced solicitation. 3014xv (Sig a ue Ddle Gorman & Company, LLC (Name of Finn) INSURANCE AND BONDING REQUIREMENTS Insurance/Bond Type Required Limits 1. ® Worker's Compensation Statutory Limits of Florida Statutes, Chapter 440 and all Federal Government Statutory Limits and Requirements Evidence of Workers' Compensation coverage or a Certificate of Exemption issued by the State of Florida is required. Entities that are formed as Sole Proprietorships shall not be required to provide a proof of exemption. An application for exemption can be obtained online at h>tps:l%anos.udfs.com/bocexampU 2. ® Employer's Liability $ 500,000 single limit per occurrence 3. ® Commercial General Bodily Injury and Property Damage Liability (Occurrence Form) patterned after the current $-1,000,000 single limit per occurrence, $2,000,000 aggregate for Bodily 150 form Injury Liability and Property Damage Liability. This shall include Premises and Operations; independent Contractors; Products and Completed Operations and Contractual Liability. 4. ® Indemnification To the maximum extent permitted by Florida law, the ContractorNendor shall defend, indemnify and hold harmless Collier County, its officers and employees from any and all liabilities, damages, losses and costs, including, but not limited to, reasonable attorneys' fees and paralegals' fees, to the extent caused by the negligence, recklessness, or intentionally wrongful conduct of the Contractor/ Vendor or anyone employed or utilized by the ContractorNendor in the performance of this Agreement. 5. ® Automobile Liability $_1,000,000 Each Occurrence; Bodily Injury & Property Damage. Owned/Non-owned/Hired; Automobile Included 6. ® Other insurance as noted: ❑ Watercraft S Per Occurrence ❑ United States Longshoreman's and Harborwotker's Act coverage shall be maintained where applicable to the completion of the work. S Per Occurrence ❑ Maritime Coverage (Jones Act) shall be maintained where applicable to the completion of the work. $ Per Occurrence ❑ Aircraft Liability coverage shall be carried in limits of not less than $5,000,000 each occurrence if applicable to the completion of the Services under this Agreement. $ Per Occurrence ❑ Pollution $ Per Occurrence ® Professional Liability $_11,000,000 Per claim & in the aggregate ❑ Project Professional Liability $ Per Occurrence ❑ Valuable Papers Insurance $ Per Occurrence ❑ Cyber Liability S Per Occurrence ❑ Technology Errors & Omissions S Per Occurrence 7. ❑ Bid bond Shall be submitted with proposal response in the form of certified funds, cashiers' check or an irrevocable letter of credit, a cash bond posted with the County Clerk, or proposal bond in a sum equal to 5% of the cost proposal. All checks shall be made payable to the Collier County Board of County Commissioners on a bank or trust company located in the State of Florida and insured by the Federal Deposit Insurance Corporation. & C 0 M P A N Y 8. ADDENDA 8. ❑ Performance and Payment For projects in excess of S200,000, bonds shall be submitted with the executed Bonds contract by Proposers receiving award, and written for 100% of the Contract award amount, the cost borne by the Proposer receiving an award. The Performance and Payment Bonds shall be underwritten by a surety authorized to do business in the State of Florida and otherwise acceptable to Owner; provided, however, the surety shalt be rated as "A-" or better as to general policy holders rating and Class V or higher rating as to financial size category and the amount required shall not exceed 5% of the reported policy holders' surplus, all as reported in the most current Best Key Rating Guide, published by A.M. Best Company, Inc. of 75 Fulton Street, New York, New York 10039. 9. ® Vendor shall ensure that all subcontractors comply with the same insurance requirements that he is required to meet. The same Vendor shall provide County with certificates of insurance meeting the required insurance provisions. CA, C 14.11ty Administrative Services Deparment Pmeurement Services Division Form 1: Vendor's Non -Response Statement The sole intent of the Collier County Procurement Services Division is to issue solicitations that are clear, concise and openly competitive. Therefore, we are interested in ascertaining reasons for prospective Vendors not wishing to respond to this solicitation. If your firm is not responding to this solicitation, please indicate the reason(s) by checking the item(s) listed below and return this form via email noted on the cover page, or mail to Collier County Government, Procurement Services Division, 3295 Tamiami Trail East, BLDG C-2, Naples, FL 34112. We are not responding to the solicitation for the following reason(s): 10. ® Collier County must be named as "ADDITIONAL INSURED" on the insurance Certificate for Commercial Genera] Liability where required. This insurance shall be primary and non-contributory with respect to any other insurance maintained ❑ Services requested not available through our company. by, or available for the benefit of, the Additional insured and the Vendor's policy shall be endorsed accordingly. ❑ Our firm could not meet specifications/scope of work. 11. ® The Certificate Holder shall be named as Collier County Board of County Commissioners, OR, Board of County Commissioners in Collier County, OR Collier County Government, OR Collier County. The Certificates of Insurance must state ❑ Specifications/scope of work not clearly understood or applicable (too vague, rigid, etc.) the Contract Number, or Project Number, or specific Project description, or must read: For any and all work performed on behalfofCollier County. ❑ Project is too small. 12, ® On all certificates, the Certificate Holder must read: Collier County Board of County Commissioners, 3295 Tamiami P Insufficient time allowed for preparation of response. Trail East, Naples, FL 34112 13. ® Thirty (30) Days Cancellation Notice required. ❑ Incorrect address used. Please correct mailing address: 14. Collier County shall procure and maintain Builders Risk Insurance on all construction projects where it is deemed necessary. Such coverage shall be endorsed to cover the interests of Collier County as well as the Contractor. Premiums shall be billed to the project and the Contractor shall not include Builders Risk premiums in its project proposal or project billings. All questions regarding Builder's Risk Insurance will be addressed by the Collier County Risk Management Division. ❑ Other reason(s): 12/16/19 - CC Vendor's Insurance Statement We understand the insurance requirements of these specifications and that the evidence of insurability may be required within five Name of Firm: (5) days of the award of this solicitation. The insurance submitted must provide coverage for a minimum of six (6) months from the date of award. Address: Name of Firm Gorman & Company Date 1/2312020 City, State, Zip: /J Vendor Signature ��t�t L jlyr Telephone: Print Name Email: Insurance Agency Arthur J Galiaeher R Co. Representative Signature: Agent Name Brian Barg Telephone Number 920-390- Representative Name: Date 2231 kLOW I P&M 10 M P A N Y 8. ADDENDA CO fer COMKty Administrative Services Department Procurement Services Division Form 2: Vendor Check List Updated: October 24" 2019 IMPORTANT: THIS SHEET MUST BE SIGNED. Please read carefully, sign in the spaces indicated and submit with your Proposal through Bidsync. Vendor should check off each of the following items as the necessary action is completed: ® The Solicitation Submittal has been signed. ® The Solicitation Pricing Document (Bid Schedule/Quote Scheduleletc.) has been completed and attached. ® All applicable forms have been signed and included, along with licenses to complete the requirements of the project. ® Any addenda have been signed and included. ® Affidavit for Claiming Status as a Local Business, if applicable. Collier or Lee County Business Tax Receipt MUST be included. ® Proof of status from Division of Corporations -Florida Department of State (If work performed in the State) - httn://dos.mvflorida.com/sunbizt, ® Proof of E-Verify (Memorandum of Understanding or Company Profile page) and Immigration Affidavit MUST be included -https://www.e-verifv.lzovl. ® Grant Provisions and Assurances package in its entirety, if applicable. ® Reference Questionnaires MUST be included or you may be deemed non -responsive. ALL SUBMITTALS MUST HAVE THE SOLICITATION NUMBER AND TITLE Name of Firm: Gorman & Compenv LLC Address: 200 N. Main Street City, State, Zip: Oregon. Wisconsin 53575 Telephone: (608)835-3900 _ Email: bswamon ormanusa.com Representative Signature: r A4�� Representative Name: Mike Redman Date 1/23/2020 Coiiie-r Couxty Administrative Services Depatnent Procurement Services Division Form 3: Conflict of Interest Affidavit The Vendor certifies that, to the best of its knowledge and belief, the past and current work on any Collier County project affiliated with this solicitation does not pose an organizational conflict as described by one ofthe three categories below: Biased ground rules — The firm has not set the "ground rules" for affiliated past or current Collier County project identified above (e.g., writing a procurement's statement of work, specifications, or performing systems engineering and technical direction for the procurement) which appears to skew the competition in favor of my firm. Impaired objectivity —The firm has not performed work on an affiliated past or current Collier County project identified above to evaluate proposals ( past performance of itself or a competitor, which calls into question the contractor's ability to render impartial advice to the government. Unequal access to information —The firm has not had access to nonpublic information as part of its performance of a Collier County project identified above which may have provided the contractor (or an affiliate) with an unfair competitive advantage in current or future solicitations and contracts. In addition to this signed affidavit, the contractor / vendor must provide the following: 1. All documents produced as a result of the work completed in the past or currently being worked on for the above -mentioned project; and, 2, Indicate if the information produced was obtained as a matter of public record (in the "sunshine") or through non-public (not in the "sunshine") conversation (s), meeting(s), document(s) and/or other means. Failure to disclose all material or having an organizational conflict in one or more of the three categories above be identified, may result in the disqualification for future solicitations affiliated with the above referenced project(s). By the signature below, the firm (employees, officers andlor agents) certifies, and hereby discloses, that, to the best of their knowledge and belief, all relevant facts concerning past, present, or currently planned interest or activity (financial, contractual, organizational, or otherwise) which relates to the project identified above has been fully disclosed and does not pose an organizational conflict. Firm: Signat Print h Title of Signatory: kWW1 & C 10 M P A N Y 8. ADDENDA cod �r caHcy AdministraCe Senricea Department Prmurermnr Services Oivison Form 4: Vendor Declaration Statement BOARD OF COUNTY COMMISSIONERS Collier County Government Complox Naples, Florida 34112 Dear Commissioners: The undersigned, as Vendor declares that this response is made without connection or arrangement with any other person and this proposal is in every respect fair and made in good faith, without collusion or fraud. The Vendor agrees, if this solicitation submittal is accepted, to execute a Collier County document for the purpose of establishing a formal contractual relationship between the firm and Collier County, for the performance of all requirements to which the solicitation pertains. The Vendor states that the submitted is based upon the documents listed by the above referenced Solicitation. Further, the vendor agrees that if awarded a contract for these goads and/or services, the vendor will not be eligible to compete, submit a proposal, be awarded, or perform as a sub -vendor for any future associated with work that is a result of this awarded contract. IN WITNESS WHEREOF, WE have hereunto subscribed orn names on this 23 day of 7anu 2020 in the County of Dane , in the State of Wisconsin. Firm's Legal Name: Gorman and Company, LL.0 Address: 200 N. Main Street City, State, Zip Code' Oregon, Wf, 53575 Florida Certificate of M18000001I I I Authority Document Number Federal Tax Identification Number *CCR g or CAGE Code 82-37391 Sb *Only if Grant Funded Telephone: Signature by: ("Typed and written) Title: Mike Redman /t4ik J(&JA, Secretary Additional Contact Information Send payments to: (required ifdifferent from Company name used as payee above) Contact name: Title: Address: r City, State, ZIP Telephone: r Email• r Office servicing Collier County to place orders (required if different from above) Contact name: Title: Address: City, State, ZIP Telephone: Email: k51111111 WIPC 10 M P A N Y 8. ADDENDA 4W'C--MntY Ad» Inlsh" SaNkm Depanrant Prawremant Servi® Division Form 5: Immigration Affidavit Certification This Affidavit is required and should be signed, by an authorized principal of the firm and submitted with formal solicitation submittals. Further, Vendors are required to enrol] in the E-Verify program, and provide acceptable evidence of their enrollment, at the time of the submission of the Vendor's proposal Acceptable evidence consists of a copy cf the properly completed E-Verify Company Profile page or a copy ofthe fully executed E-Verify Memorandum of Understanding for the company. Failure to include this Affidavit and necei table evidence of enrollment in the E-Verifv program may deem the Vendor's proposal as non- responsive hq,5:llwww.C-verih.govI. Collier County will not intentionally award County contracts to any Vendor who knowingly employs unauthorized alien workers, constituting a violation of the employment provision contained in 8 U.S.C. Section 1324 a(e) Section 274A(e) of the immigration and Nationality Act ("INA"). Collier County may consider the employment by any Vendor of unauthorized aliens a violation of Section 274A (e) of the INA. Such Violation by the recipient of the Employment Provisions contained in Section 274A (e) of the 1NA shall be grounds for trilateral termination of the contract by Collier County. Vendor attests that they are fully compliant with all applicable immigration laws (specifically to the 1985 Immigration Act and subsequent Amendment(s)) and agrees to comply with the provisions of the Memorandum of Understanding with E-Verify and to provide proof of enrollment in The Employment Eligibility Verification System (E-Verify), operated by the Department of Homeland Security in partnership with the Social Security Administration at the time of submission of the Vendor's proposal. Company Name Gorman and Company. LLC Print Name Title Secrelar Signature s Date 1/23/2020 C ter t^.,euyttsy RaaremwRSmnm Oism Form 6: Vendor Substitute W - 9 Request for Taxpayer Identification Number and Certification In accordance with the Internal Revenue Service regulations, Collier County is required to collect the following information for tax reporting purposes from individuals and companies who do business with the County (including social security numbers if used by the individual or company for tax reporting purposes). Florida Statute 119.071(5) requires that the county notify you in writing of the reason for collecting this information, which will be used for no other purpose than herein stated. Please complete all information that applies to your business and return with your quote or proposal. 1. General Information (provide all information) Taxpayer Name Gorman & Company. LLC (as shown on income tar return) Business Name (ifdifferent from taxpayer name) Address 200 N. Main Street State Wisconsin Telephone (608) 835-3900 Email Order Information (Must he filled out) Address 200 N. Main Street City Oregon State WI Zip City Zip_53575 Remit / Payment Information (Must be filled out) Address 200 N. Main Street City Oregon State WI Zip 53575 Email bswantongizormanusa.cwn Email bswantatiggormanusa.com 2. Company Status (check only one) Individual! Sole Proprietor Corporation Partnership _Tax Exempt (Federal income tax-exempt entity X Limited Liability Company under Internal Revenue Service guidelines IRC 501 (c) 3) C Enter the tax classification _ _ Cornoralion P = _arinershin) 3. Taxpayer Identification Number Or tax reportingpurposes only) Federal Tax Identification Number (TIN) 82-3739186 (Vendors who do not have a TEN, will be required to provide a social security number prior to an award). 4. Sign and Date Form: Certification: Under Aenabies of oerirrrn. I ccrinf,,$bai the information shown on this form it correct to my knowledge Signature Date 1/23,2020 Title Secretary Phone Number l608I 835-39D0 & C 0 M P A N Y JANUARY 28, 2020 COLLIER COUNTY BOARD OF COUNTY COMMISSIONERS SOLICITATION NO: 20-7698 HOUSING AND LAND DEVELOPMENT COMPONENT AT THE FORMER GOLDEN GATE GOLF COURSE fb ABILITY NousiNc SOLICITATION NO: 20-7698 ABILITY HOUSINC, INC ABILITY HOUSINC, INC. 3740 BEACH BLVD, SUITE 304 JACKSONVILLE, FL 32207 ■ January 28, 2020 Evelyn Colon Procurement Specialist Collier County Procurement Services Division 3295 Tamiami Trail East, Building C-2 Naples, Florida 34112 Re: Housing and Land Development Component at the Former Golden Gate Golf Course Solicitation #: 20-7698 Dear Commissioners and To Wham It May Concern, ABILITY HOUSING ❑bilityhousing.org Ability Housing respectfully submits it response to the above referenced Invitation to Negotiate. Ability Housing, Inc. is a Florida not -for -profit affordable housing developer. Our mission is to build strong communities where everyone has a home. We are recognized for the quality of the housing produced and the standard to which we operate our housing. Ability Housing has over 27 years of experience developing and operating affordable rental housing. We own and operate 580 units of affordable housing; with an additional 119 units of under construction_ Ability Housing is proposing to use its experience and mission -focus to partner with Collier County and the Community Foundation to develop a multi -family rental housing project which best meets the priority needs of the community_ The authorized contact person forth is proposal is: Shannon Nazworth, President and CEO Ability Housing, Inc. 3740 Beach Boulevard, Suite 304 Jacksonville, FL 32207 T: (904) 359-9650, Extension 106 Email: snazworth@abilityhousing.org e [[r Shannon N W President and CEO abilityhousing.org 3740 Beach Boulevard, Suite 304, Jacksonville, FL 322( EVALU4 T/ON CRITERIA NO. 9: COVER LETTER Please see cover letter included. EVAL UA TION CRITERIA NO. 2.• BUSINESS PLAN & APPROACH Project Scope Ability Housing is proposing a two-phase project. Ability Housing will use its experience developing and operating high -quality rental housing to work in partnership with Collier County and the Community Foundation of Collier County to implement both phases. Phase One shall be working alongside Collier County, the Community Foundation of Collier County and the County's engineering and planning firm to develop the parameters of a multi -family rental housing project to serve seniors, veterans and essential services personnel. Through this collaborative phase, the exact portion of the former Golden Gates Golf Course parcel to be set aside for residential development shall be identified; preliminary site plans developed; rezoning completed; and a business plan developed which will define the rental housing project's scope, including: number of residential buildings, site amenities, unit mix, rental rates, residential selection and screening criteria and determination of the ownership and management terms. Phase Two of the project scope shall be implementing the business plan; including: the development of the site; and management and ownership structure of the multi -family project. Ability Housing will work collaboratively with the County to draft a detailed contract delineating the scope of the project, project financing, roles and responsibilities, and contingencies for addressing unforeseen items that will inevitably arise during implementation of the business plan created in Phase One. Ability Housing's mission is to build vibrant communities where everyone has a home. Ability Housing will work with the community to identify the highest and best use of the property, the target population(s) to be served and the optimal financing structure that will meet the community's priorities. Throughout its history, Ability Housing has striven to develop the rental housing the market can't or won't provide. Can't because the rents the target households can afford cannot be provided by the market; won't because other types of housing development are more profitable. Ability Housing is proposing to use its experience and mission -focus to partner with Collier County and the Community Foundation to develop a multi -family rental housing project which best meets the priority needs of the community; while balancing the realities of financing housing with rents below market -rate. Ability Housing will work collaboratively to identify the trade-offs associated with various financing options and make determinations as to which options best meet the community's needs and priorities. Based upon the information provided in the Invitation to Negotiate, Ability Housing is preliminarily proposing a 364 units project with 3 residential buildings. 150 units will have rents at the 60% AMI levels —these units will be targeted to seniors and veterans. The remaining 214 units will be reserved for essential service personnel, as defined by the County, with rents at the 80% AMI rent levels. SOLICITATION NO: 20-7698 ABILITY HOUSING, INC Ability Housing is proposing the following unit mix: Unit Size # Units @ 60% AM Rents :0 Seniors or Veterans Y # Units Q 80% AM Rents 41 ESP Total Number of Units 1/1 : : Total•� Based on the current rent limits, the proposed rent structure will be: 1/1 $882 $1,176 2/2 $1,057 1 $1,410 3/2 $1,221 $1,629 Ability Housing is proposing that the 1-bedroom/1-bathroom units will be 525 square feet; 2- bedroom/2-bathroom units will be 900 square feet; and 3-bedroom/2-bathroom units will be 1,230 square feet. The exact unit mix and unit size will be finalized in developing the business plan and will incorporate input from community stakeholders. Ability Housing will work with the County to assess this unit mix and rent levels to ensure the final project to be developed is financially sustainable, can be financed in the timeliest manner, and meets the needs and desires of the community. Site amenities will include a pool, clubhouse, fitness equipment and walking trails. Ability Housing will incorporate Florida Green Building Coalition (FGBC) standards to address energy performance, water conservation, site conditions including native plants, materials and products, and materials for a healthy interior environment. Timeline The timeline of Phase One of the project will be driven by Collier County and its partners. Ability Housing will work alongside Collier County, the Community Foundation and other stakeholders throughout Phase One to ensure a business plan that best meets the community's needs is developed. Phase One will include determining which portion of the site is to be developed for residential use. This will require: surveys, environmental reports, soil compaction tests, determination if the site is in a SOLICITATION NO: 20-7698 ABILITY HOUSING, INC flood plain, utilities, site work, etc. Once this is known and the specific site is determined, the project concept will be developed. This will include: developing a site plan, determining number of buildings, unit mix, target tenancy, rent structure, amenities, etc. These activities will overlap and one will likely inform the other. With a project concept, various financing options will be assessed and the project concept amended based upon financing options. Ability Housing will also be identifying the project specific development team: architects, engineers, general contractor, etc. This work will result in an implementable business plan and a contract with Collier County outlining expectations, deliverables and roles and responsibilities. The exact timeframe for Phase One will largely be driven by the County and community stakeholders. Depending upon how many iterations of the project concept are developed and how long contract development takes, Phase One could take as little as six months to complete. Upon completion of Phase One, Ability Housing is proposing the following preliminary timeline for Phase Two (implementation of the business plan created in Phase One): Financing 9 months Activities: market study, appraisal, updated survey, updated environmental study, develop plans and specifications, negotiate general contractor contract II. Building Permits 9 months Activities: site and building plan approval III. Construction 18-24 months; contingent upon any phasing that may be required IV. Lease Up 3-4 months This timeline is very preliminary and will be driven by many of the activities outlined in Phase One of the project scope. It is possible funding sources will make it advantageous to adopt a multi -phase approach to the construction of the site. Ability Housing has a strong track record of completing projects on time and within budget. We will use this experience and project management expertise to ensure the project is developed in the most efficient manner possible. Ability Housing is proposing a three to four month lease up period to facilitate a stable lease -up of the property, rather than moving 364 households into one project in too short of a time frame. III. Site Specific Criteria 1. Desired Density Consistent with the requirements to access the Community Foundation of Collier County's $10 million investment, Ability Housing is proposing the development consist of 364 units. For the 25-acre parcel, this will require a gross density of 15 units per acre. 2. Dwelling Types Ability Housing is proposing the following unit mix: 1-bedroom/1-bathroom 120 units 2-bedroom/2-bathroom 157units SOLICITATION NO: 20-7698 ABILITY HOUSING, INC 3-bedroom/2-bathroom 87 units 3. Project Set Asides Consistent with the requirements to access the Community Foundation of Collier County's $10 million investment, 150 units will be reserved for seniors and veterans. The remaining 214 units will be reserved for essential service personnel as defined in the Collier County 2016-2019 Local Housing Assistance Plan. 4. Verification of Occupational Requirements Ability Housing will use pay stubs and employer verification forms to ensure that tenants meet the occupational requirements. 5. Proposed height, setbacks, other compatibility features Per the site plan provided, Ability Housing is proposing three story buildings. All setback, parking and open space will meet all requirements of Collier County. A conceptual site plan is included as Attachment A. IV. Additional Information Ability Housing is committed to developing a project which meets Collier County's and the Community Foundation's priority. Ability Housing has demonstrated this commitment by meeting with community stakeholders since January 2018 to discuss the need for housing affordable to essential services personnel. We are acutely familiar with the public policy priority to create housing options for Collier County's essential services personnel. Our mission for this project will be to enable the community to address this need and create a high -quality rental housing project which is sustainable for the long- term. As a nonprofit with a mission to build strong communities where everyone has a home, Ability Housing is uniquely positioned to work alongside Collier County and the Community Foundation in creating the exact project concept, determining optimal financing structures, and refining the philosophy under which the project will be operated to benefit seniors, veterans and essential services personnel. EVAL UA T/ON CRITERIA NO. 3: SUPPORT OF COMMUNI TY OBJECT/VES V. Neighborhood Compatibility The development will be designed with the surrounding neighborhood in mind. All Ability Housing projects have been designed to enhance the surrounding neighborhood. Design consideration is given to ensure the property's aesthetic compliments the existing neighborhood. Below are examples of several Ability Housing projects, showing that each is different, while providing a pleasing compliment to the neighborhood in which it is located. SOLICITATION NO: 20-7698 ABILITY HOUSING, INC Mayfair Village Apartments Mayfair Village was an existing, highly distressed property. Ability Housing invested millions of dollars, returning the property to quality housing while increasing surrounding property values. Mayfair Village 9bi l b-srC. Renaissance Village Apartments When Ability Housing acquired it, Renaissance Village was a boarded and abandoned rental property. We transformed housing that had resembled military barracks into a property which transformed the community in which it was located. SOLICITATION NO: 20-7698 ABILITY HOUSING, INC 5 Village on Wiley Village on Wiley is a new construction 43-unit property located in a neighborhood comprised primarily of mid-century single-family homes. So as to be compatible with the neighborhood, Ability Housing designed a property which resembles single family homes; configuring the site to resemble a single- family housing sub -division. r - _ Village on Hyde Park Village on Hyde Park is a new construction project. The project was intentionally designed to augment existing properties in the area, including the residential properties surrounding the Hyde Park Golf Course, located across the Willis Branch of the Cedar River from the property. SOLICITATION NO: 20-7698 ABILITY HOUSING, INC Village on Mercy Village on Mercy is Ability Housing's most recently completed project. It is a new construction 166-unit project designed to complement and improve the aesthetic of the surrounding neighborhood. VI. Meeting the County's Affordable Housing Needs Per the Collier County Community Housing Plan, Collier County has a Jobs -Housing imbalance resulting in at least 17.4% of the workforce (approximately 40,000 people) commuting daily from outside the County. These employees work in Collier but live in Lee, Charlotte and other counties; counties where they spend their wages on housing, groceries, gas, household goods and other necessities. Many public -sector employees (Sheriff's Office, County & City Government, Schools, Etc.) and large segments of the private sector workforce cannot afford to live in Collier County. Their daily commutes from neighboring counties add to the traffic congestion on Collier County's roadways; the ULI panel report referenced in the Plan states: "when people who work in the county are commuting to adjoining municipalities to live, the county bears the costs of the roads without the benefit of receiving the tax revenue". In addition to the loss of tax revenue associated with such commuting patterns, having employees that are not residents of the community in which they work diminishes the County's overall quality of life and reduces active participation in the community. According to the County's Housing Plan, this commuting pattern results in a high level of staff -attrition for local businesses. Many employers cannot afford to pay wages sufficient for their employees to afford market housing within Collier County. This results in a shortage of staffing, absenteeism and high turnover. The County's Housing Plan notes that the County's housing production is not sufficiently diverse regarding the size, tenure, location, and price points of housing, to adequately reflect the social, economic, and age -related diversity of the County's population. SOLICITATION NO: 20-7698 ABILITY HOUSING, INC The result of these trends and policies is a significant disparity between the cost of housing and the incomes of the average person and the working poor. Furthermore, the members of the workforce with low to moderate wages, and members of the community on fixed incomes, have limited housing options. All of these historical development patterns, high housing cost, and other disparities limit Collier County's ability to attract and retain a strong workforce and to sustain and expand its economy. To address the needs of seniors and veterans on fixed incomes, 150 of the 364 units will be reserved for elderly households and/or veterans. All rents will be set at the 60% AMI rent level, which will most likely be occupied by households earning between 45%-60% of median, or $28,215 - $37,620 for a family of two. According to the Social Security Administration, for two recipients, the average monthly Social Security payment in 2019 was $1,494 or $35,856 annually. Many elderly households earn less than this average amount. The remaining 214 units will rent at the 80% AMI rent level, which is affordable for families earning between 60% - 80% of AMI, ($42,300 - $56,400 for a family of three). A portion of these units will be available to essential service personnel households earning more than 80% of AMI. Essential service personnel that will find these units affordable include entry-level: • Registered Nurses • Teachers • Patrol Officers By allowing a portion of these 80% units to be leased by households earning more than 80% AMI but less than the median income, these units will be affordable to households earning the median salary for: • Registered Nurses • Teachers • Firefighters • Patrol Officers • Human Resource Specialists EVALUATION CRITERIA NO. 4: PASTAND PRESENT EXPERIENCE THE FIRM VII. Qualifications Ability Housing, Inc. is a Florida not -for -profit affordable housing developer. Our mission is to build strong communities where everyone has a home. We are recognized for the quality of the housing produced and the excellence in property management through which we operate our housing. Ability Housing has over 27 years of experience developing and operating affordable rental housing. We own and operate 580 units of affordable and supportive housing targeted to low -moderate income, disabled and/or formerly or at -risk homeless households; with an additional 119 units of rental housing under construction. SOLICITATION NO: 20-7698 ABILITY HOUSING, INC In 2018 we completed the new construction of 246 units; commenced the construction of 80 units; and commenced the rehabilitation of 75 units of housing. We also provided developer services to two nonprofits, securing/preserving the financing, identifying the development team, and overseeing development of the plans and specifications for three projects in two counties. In 2020 we will oversee the construction of these projects on behalf of these nonprofits. Ability Housing is so respected for the caliber of its work that two of these projects were undertaken at the request of the state's housing finance agency. The for -profit developer of a St. Petersburg based nonprofit had overextended themselves and two projects were to be defunded. Ability Housing was able to step-in, preserve the funding and continue the projects in partnership with the nonprofit. Ability Housing also administers two U.S. HUD Continuum of Care (CoC) funded Permanent Supportive Housing projects, consisting of 102 units of scattered -site and site -based housing for persons who were chronically homeless. In addition, we operate two housing projects funded by Lutheran Services Florida, the Managing Entity for Northeast Florida. Additionally, we are partnering with UnitedHealth to provide housing to some of their super -utilizers. Across our portfolio, Ability Housing's tenants have a 94% or higher housing retention rate. This success is a result of our mission commitment, utilization of best practices, data -driven decision making, and experience managing and operating rental housing developments. It is because of this success that we were asked by the Central Florida community to expand the geography in which we develop and operate housing. Ability Housing has worked in the Northeast Florida community for over 27 years with developments in Duval County and projects in pre -development in both Nassau and St. Johns County. At the request of the Central Florida Commission on Homelessness, chaired by Orlando City Mayor Dyer and then Orange County Mayor Jacobs, Ability Housing has been working in the Central Florida market for four years. In 2019 we completed a 166-unit development in the City of Orlando; commenced the rehabilitation of a 75-unit project in Orange County and another 80-unit new construction development in Osceola County. Ability Housing has been in Florida's Gulf Coast market for the past two years with the opening of an office in Tampa and receiving financing for a 60-unit two phase development in Pasco County. Ability Housing has secured over $92,000,000 in affordable housing financing. This includes 9% Low Income Housing Tax Credits, HOME, SHIP, SAIL, Tax Credit Exchange Program, Neighborhood Stabilization Program, local, state and other federal affordable housing resources; bank lending; and private philanthropic capital. Ability Housing is partnering with the Community Foundation of Central Florida in affordable housing initiatives in Central Florida and has received a grant for the Wayne Densch Center rehabilitation project. Ability Housing also receives over $2.9 million annually in state and federal funding for the provision of supportive services and rental assistance at our properties and in the community at large. However, developing housing is only the beginning of a project. The most important component is the long-term operation of the housing for the benefit of the residents and broader community. Ability Housing is so successful at operating quality housing, it has been asked by each community and neighborhood in which it has developed to create more housing. Prior to a project being placed in service, a project -specific asset management plan is developed, incorporating a set of standards and targeted resident outcomes based upon the mission -focus of each particular project. The standards and outcomes are approved and monitored by the board's Executive Committee, which assumes responsibility for Quality Control of all our programs and properties. SOLICITATION NO: 20-7698 ABILITY HOUSING, INC Property operational standards include: physical occupancy, economic occupancy, rent collections, physical condition, capital improvement schedules, and insurance requirements. Targets and resident outcomes can include items such as: target population(s) to be served, accessibility to housing for those target households, housing stability rate, access to benefits, improved economic self-sufficiency, and resident satisfaction. The asset management plan also includes all compliance and reporting requirements associated with the project financing. Ability Housing's commitment to providing quality, affordable, community -inclusive housing has been recognized by our peers and the community: • Bank of America Neighborhood Builders® Award — 2018 • Jacksonville Business Journal Women of Influence for Shannon Nazworth — 2018 • Jacksonville Business Journal Ultimate CEO for Shannon Nazworth — 2018 • Northeast Florida Regional Council Award for Excellence in Affordable Housing — 2018 • Ripple Effect: Northeast Florida Mental Health Community Collaboration of the Year Award — 2017 • TD Charitable Foundation Housing for Everyone Award — 2014 • Housing Assistance Council Friend of HAC Recognition — 2014 • Corporation for Supportive Housing Eastern Region Advocate of the Year for Shannon Nazworth — 2014 • Florida Housing Coalition Special Needs Housing Assistance Recognition — 2013 • Jacksonville Human Rights Commission Accessible Housing Award — 2013 • 100,000 Homes and Rapid Results Institute Certificate of Appreciation in Recognition of Outstanding Efforts to End Chronic Homelessness for Shannon Nazworth and Mike Cochran — 2013 • TD Charitable Foundation Housing for Everyone Award — 2012 • Southeast Institute on Homelessness and Supportive Housing Advocate of the Year for Shannon Nazworth — 2011 • Jacksonville Human Rights Commission Accessible Housing Award — 2009 EVAL UA T/ON CRI TER/A NO. 5.• F/NANC/AL CAPAB/L/TY OF THE FIRM VIII. Financing Financing Plan and Pro Forma Attached please find an Operating Pro Forma with proposed unit mix, proposed rent rates and projected operating expenses (Attachment B). Ability Housing is estimating a total construction cost of $55,850,000 for the 364 units. The construction costs are based upon a recently completed new construction project; an escalator is included as a contingency for increasing construction costs. The operating pro forma utilizes 60% and 80% AMI rent levels for all units. The operating expenses are based upon Ability Housing's experience operating multi -family rental housing, adjusted for Collier County specific costs (property taxes, utilities, etc.). The Operating Pro Forma provided includes debt servicing. This debt servicing is based upon the following assumptions: 1.20 debt coverage ratio; 5% interest and a 35 year amortization schedule. Ability Housing is proposing to use an FHA mortgage. This financing is proposed as it is highly probable the project will be successfully underwritten and funded This funding takes slightly longer to close upon as compared to conventional bank financing; but it provides longer term debt, at more favorable rates, as reflected in the Operating Pro Forma. SOLICITATION NO: 20-7698 ABILITY HOUSING, INC 10 Ability Housing is not proposing bonds and/or 4% Housing Credits because these sources are more expensive, can take longer to close, and require income restriction for tenancy. However, as the project concept is further developed Ability Housing will work with the County to determine the financing mechanism(s) that is most advantageous for achieving the County's priorities in the most efficient manner. 2. Financial Ability to Lease and Complete the Development Provided is Ability Housing's Interim Financial Statements as of November 30, 2019 (Attachment Q. This is an unaudited financial statement. Attachment C also includes Consolidated Audited Financial Statements for the prior five years. These statements reflect the financial stability of the organization. Throughout this period, Ability Housing had several projects at varying stages of development. This is reflected in the varying levels of earned income, year -over -year. In some years, Ability Housing had significant earned income as projects were completed and a Developer Fee earned. In other years, Ability Housing had reduced income. However, these shortfalls in income were projected and earned income from prior years reserved to cover operating expenses during these years. In terms of creditworthiness, Ability Housing has worked with several of the nation's largest banks, each has provided financing — construction and/or permanent — for projects developed. In the last five years, Bank of America, JPMorgan Chase and Wells Fargo have all provided financing and equity investments in the multi -family projects we developed. Pending Litigation Ability Housing is not currently involved in any litigation nor arbitration. EVALUATION CRITERIA NO. 6: QUALIFICATIONS & SPECIALIZED EXPERTISE OF TEAM MEMBERS AND FIRM Ability Housing will be the sole contractor for the proposed project. Ability Housing will be the developer, owner and operator of the multi -family rental housing project. Ability Housing's role will be to: work with the County and community stakeholders to determine the exact portion of the former Golden Gates Golf Course parcel to be set aside for residential development; develop preliminary site plans; complete rezoning; and develop a business plan which will define the rental housing project's scope, including: number of residential buildings, site amenities, unit mix, rental rates, residential selection and screening criteria and determination of the ownership and management terms. Ability Housing will also be responsible for implementing the business plan, including: development of plans and specifications, selection of a development team, permitting and approvals, oversight of construction of the project, development of a project specific asset management plan, identification of a property management agent and oversight of the ongoing operation of the property to ensure it meets established standards and desired outcomes. To demonstrate its capacity to perform these roles, the following is a list of all rental housing projects Ability Housing has developed and operated. SOLICITATION NO: 20-7698 ABILITY HOUSING, INC 11 Jacksonville Scattered Built RIP92% site single- 1950-2007 family rental Rehabbed01 Mki2006-2013 Jacksonville MF- 83 Built 1956 100% apartments Rehabbed 2011 11 Jacksonville MF- 5 Built 1970 96% In apartments Rehabbed 2012 Jacksonville MF- 60 Built 1973 100% LLC apartments Rehabbed 2013 Jacksonville MF- 43 Built 2015 100% Sole apartments I Orlando MF- 166 Built 2019 100% LLC apartments rlan MF- 75 apartments Jacksonville MF- 80 apartments Built 1983; Rehab 100% of Leasehold 48% complete as rehabbed of 12/31/19 rehabbed Built 2019 Initial Lease LLC up began 12/2019 Kissimmee MF- 8 Under N/A 51% of apartments construction; to GP be completed 2020 SOLICITATION NO: 20-7698 ABILITY HOUSING, INC Following is a list of the key team members that will be part of the contract team for the project: EDUCATION BS, Political Science (magma cum laude), Boston College, 1991 MEMBERSHIPS State of Florida Council on Homelessness, Chair 2007-Present Florida Supportive Housing Coalition, Board Member 2005-Present Board President 2005-2018 CERTIFICATIONS Certificate in Nonprofit Management, Duke University — 2003 Certificate in Leadership, Harvard University's School of Business — 2003 ABILITY HOUSING TENURE 16 Years INDUSTRYTENURE 22 Years Shannon Nazworth Chief Executive Officer & President Mrs. Nazworth was hired to transform a service organization's small housing program into an independent not -for -profit organization dedicated to the development and operation of quality, affordable housing for adults with a disability. Since then, the organization has expanded its mission build strong communities where everyone has a home. Since her involvement, Ability Housing has increased its housing stock by 861 %. She has over 20 years of experience in the development of affordable housing. She is the former Associate Director of Habitat for Humanity of the Jacksonville Beaches, Inc.; Regional Administrator for Habitat for Humanity International; and Chief Financial Officer of Habitat for Humanity of Jacksonville, Inc. Habitat for Humanity has built over 300,000 houses around the world, providing more than 1.5 million people in 3,000 communities with safe, decent, affordable shelter. She is actively involved in statewide and national advocacy efforts. She chairs Florida's Council on Homelessness; is a member of the Florida Supportive Housing Coalition Board; is a member of the National Low Income Housing Coalition Advisory Group; serves on the St. John's County Health and Human Services Council; serves as a member of the Chase Community Advisory Board; is a past gubernatorial appointee to the Affordable Housing Study Commission and Affordable Housing Work Group. She routinely serves on Florida Housing Finance Corporation workgroups; participates in rule development for various affordable housing programs; chaired a statewide workgroup which developed 'Common Sense: A Strategic Plan to Provide Supportive Housing Throughout Florida'; was awarded Advocate of the Year by the Southeast Institute on Homelessness and Supportive Housing; was a member of the Leadership Jacksonville class of 2011; and was named 2014 Eastern Region Advocate of the Year by the Corporation of Supportive Housing. SOLICITATION NO: 20-7698 ABILITY HOUSING, INC 13 EDUCATION BS, Community Development (magna cum laude), Georgia State University MS, City Planning, Georgia Institute of Technology CERTIFICATIONS HOME Program Certified Specialist — Regulations PUBLICATIONS Real Estate Brokerage, Homebuyer Training, and Homeownership Sustainability for Housing Assistance Programs Family & Consumer Sciences Research Journal, Vol. 37, Issue 4, 2009, Co -Author Hurricane Recovery in Florida: What the 2004 Storms Taught Us Partners, Federal Reserve Bank of Atlanta, Vol. 15, No 3, 2005, Author Reluctant Response to Community Pressure in Atlanta Redlining to Reinvestment, 1992, Co -Author ABILITY HOUSING TENURE 2 Years INDUSTRY TENURE 26 Years Stan Fitterman Managing Director, Property Development Mr. Fitterman has worked in the public, not -for -profit, and corporate sectors for the past 25 years, focusing his efforts on developing affordable rental housing, creating or improving affordable housing and community development programs, expanding the capacity of nonprofit organizations, and training local governments in the designing of effective public policy related to community development, economic development and social services. In addition to his development experience, he has substantial experience providing not -for -profit developers with project -specific assistance on the development of affordable single-family and multi -family housing. His experience also includes providing not -for -profits and local governments with hands-on assistance and advice on organizational development and operations. He has experience with multiple sources of financing including LIHTC, Bonds, HOME, CDBG, CDBG-Disaster Recovery (CDBG-DR) and housing trust funds. He has developed and delivered training to local governments and not -for -profit organizations on the development of both home ownership and rental housing, business planning, marketing, financial management topics and federal and state compliance and monitoring issues. He currently teaches "Using the Low Income Housing Tax Credit Program", "Advanced Rental Finance" and "Real Estate Nuts and Bolts" courses for NeighborWorks at their NeighborWorks Training Institutes. He has substantial experience with HUD's CDBG-DR program. He provided direct assistance to the New York City Housing Recovery Office on designing the Acquisition for Redevelopment program. He also wrote documents explaining New York City Build it Back program's Reimbursement, Repair, and Rebuild strategies, as well as wrote documents explaining elevation and flood insurance requirements in lay terms. In the spring of 2013, he modified many of the documents in HUD's NSP rental toolkit to make them useful for CDBG-DR recipients. He was the lead author of HUD's soon to be published CDBG-DR Policy Guide. His experience includes economic development and business lending. He recently wrote the underwriting guide for HUD's Section 108 Economic Development Loan Guarantee Program. He designed and served as lead underwriterfor St. Louis County's $24 million Economic Development Loan pool. SOLICITATION NO: 20-7698 ABILITY HOUSING, INC 14 EDUCATION BS, Journalism, University of Florida, 2011 Jenna Emmons Property Development Administrator Ms. Emmons began working with Ability Housing by way of an AmeriCorps position granted to the agency by Local Initiatives Support Corporation (LISC) Jacksonville in 2006. Federally funded by the Corporation for National and Community Service (CNCS), AmeriCorps is a network of local, state, and national service programs that connects over 70,000 Americans each year in intensive service to improve lives, strengthen communities, and inspire civic engagement. More than 1 million people have served as AmeriCorps members nationwide. LISC has been placing AmeriCorps members in the communities it serves since 1994. After two one-year AmeriCorps service terms, she was brought on as a full-time staff person. MEMBERSHIPS She is responsible for administering the agency's property development Nassau County Affordable activities; assisting in all activities related to identification, examination, Housing Advisory and development of future projects and opportunities; and assisting with Committee, 2017-Present activities related to obtaining funding for property development. CERTIFICATIONS Community Real Estate Development, University of South Florida's Collaborative for Children, Families & Communities and the John Scott Dailey Florida Institute of Government — 2008 HONORS & AWARDS Bank of America Neighborhood Builders® Emerging Leader — 2018 PROJECT EXPERIENCE • Gannet Pointe, Kissimmee, FL (in predevelopment) • San Juan Village, Jacksonville, FL (in predevelopment) • Ozanam Village III, New Port Richey, FL (in predevelopment) • Ozanam Village II, New Port Richey, FL (in predevelopment) • Village at Hyde Park, Jacksonville, FL (in construction) • Wayne Densch Center, Eatonville, FL (in construction) • Village on Mercy, Orlando, FL (in construction) • Village on Wiley, Jacksonville, FL • Oakland Terrace Apartments, Jacksonville, FL ABILITY HOUSING TENURE • Renaissance Village Apartments, Jacksonville, FL 13 Years • Mayfair Village Apartments, Jacksonville, FL INDUSTRY TENURE • CASA Quadplex on St. Augustine Road, Jacksonville, FL 13 Years • CASA Quadplex on Byrnes Road, Jacksonville, FL SOLICITATION NO: 20-7698 ABILITY HOUSING, INC 15 Joseph Johnson Programs Director Mr. Johnson has been with Ability Housing since 2014. As Programs Director, he is responsible for providing oversight of all program staff and third -party program contracts; ensuring each program fulfills the agency's mission and meets or exceeds established targets; and successfully documenting and demonstrating the efficacy of Ability Housing programs �.' and mission. r He has over 18 years of experience working in multiple arenas of the social EDUCATION services field including with the developmentally disabled, persons living M.S., Clinical Mental Health with mental illness and addiction in a variety of community, institutional Counseling, Jacksonville and home -based settings. He also serves on the Northeast Florida University, 2018 Continuum of Care's; Housing and Services, Data Quality and Coordinated Intake and Assessment Subcommittees. B.A., Political Science, University of North Florida, 2003 ABILITY HOUSING TENURE 4.5 Years INDUSTRY TENURE 18 Years SOLICITATION NO: 20-7698 ABILITY HOUSING, INC 16 Board of Directors 1. Board of Directors As a not -for -profit organization, Ability Housing is governed by a volunteer board of directors. There are no shareholders or owners. A list of the board members is included below, followed by a brief professional bio for each. NAME Tiffany L. Adams YEAR JOINED 2019 Michael L. Frumkin 2018 Michael E. Griffin; Vice Chair 2018 Renee T. Johnson 2015 Shelly A. Kobb 2020 Gregory E. Matovina; Chair 2006 Hugh D. McCarty, Jr. 2016 Shannon L. Nazworth; President 2003 John Jacob R. Peek; Secretary 2017 Ann M. Reinert 2018 TIFFANY L. ADAMS Tiffany has served on the board of Ability Housing since January 2019. She is the Family Support Manager at Family Promise of Jacksonville — a local affiliate of Family Promise, a national not -for -profit organization providing temporary assistance, hospitality and case management for families with children experiencing homelessness. Tiffany is also a former Ability Housing resident. In 2008, after losing her job in the financial industry, she and her three children became homeless. For two years, they lived at a transitional housing campus while she got her finances together. In 2010, they moved into a market rate apartment while Tiffany worked as an AmeriCorps VISTA volunteer at Changing Homelessness. With the AmeriCorps service term (and living stipend) coming to an end and having not yet secured employment, she decided to seek more affordable housing. About Ability Housing, Tiffany says, "This allowed me the opportunity to work full time, continue my education, and raise my children in decent and safe housing. It was also important because I didn't qualify for SNAP benefits, or adult Medicaid. My income was too high to qualify for some subsidies, but not high enough for fair market housing. The housing provided through Ability allowed me room to breathe. I was able to purchase and pay off a car. I was able to increase my employment opportunities and income. I can confidently say, I wouldn't have been able to maintain housing and take advantage of opportunities that will ultimately be an asset to my children's lives, without the housing provided by Ability." MICHAEL L. FRUMKIN Michael has served on the board of Ability Housing since April 2018. He is the retired Dean of the College of Health and Public Affairs at the University of Central Florida. His scholarly work focuses on the design and delivery of human services and the linking of social work curriculum to the realities of service delivery. His most recent work has focused on the development of the first Community School at Evans High School in the Pine SOLICITATION NO: 20-7698 ABILITY HOUSING, INC 17 Hills neighborhood of Orlando. He brings a record of establishing community partnerships — designing research and community projects focused on improving the quality of life for local citizens. Prior to working at UCF, he was the Dean of the School of Social Work and Human Services at Eastern Washington University. He has also served on the social work faculties of Boston University, the University of Minnesota, and Florida State University. From 1992 to 1995, he was the President of the Council on Social Work Education. Michael serves on several boards, including the Central Florida Foundation, the Central Florida Commission on Homelessness, and the Heart of Florida United Way. He earned his M.S.W. at the University of Michigan and his Ph.D. from the Florence Heller School for Social Policy and Management at Brandeis University. MICHAEL E. GRIFFIN Mike has served on the board of Ability Housing since January 2018. He is the Vice President of Advocacy and Public Policy, providing advocacy leadership to Adventist Health System, one of the largest nonprofit health systems in the country. He joined Florida Hospital/Adventist Health System in 2014 from the Walt Disney Parks and Resorts, where he served as Vice President of Communications and most recently as Vice President of International Communication Strategies. Prior to his role at Disney, he served for 24 years at the Orlando Sentinel covering state and federal government, social services, organized crime and holding several leadership positions including Political Editor, City Editor and Deputy Editorial Page Editor. Mike received his bachelor's degree in Journalism with a Political Science minor at the University of Central Florida. RENEE T. JOHNSON Renee has served on the board of Ability Housing since July 2015. Renee is an Operations Executive at Bank of America in Consumer, Small Business Enterprise Fraud, where her organization manages the Fraud, Billing Dispute and Specialty Claim Processing. Prior to joining Bank of America in May 2012, she held leadership roles within JP Morgan Chase, Washington Mutual, Capital One Services Exterra Credit Recovery and HSBC. Her background includes, but is not limited to, Originations and Default Mortgage Servicing, with a focus on Loss Mitigation, REO, Quality Assurance and Project Management. She holds an Associate's degree from Ohio Institute of Technology, a bachelor's degree from Alameda University, and a master's degree from George Washington University. SHELLY A. KOBB Shelly joined the board of Ability Housing in January 2020. She is a Senior Vice President, Head of Correspondent Lending for TIAA Bank. Ms. Kobb joined TIAA in 2011, as Head of our Correspondent and Wholesale Lending Operations division. Ms. Kobb came to the bank with more than 33 years of mortgage and banking experience. Prior to joining TIAA Bank, Ms. Kobb was Senior Vice President of Correspondent Operations at Aurora Bank. Ms. Kobb has also held positions with Bear Stearns Residential Mortgage, National City Mortgage and Countrywide. She received her B.S. in Business Management from Augsburg College and her Masters in Organization Development and Change Management from Colorado State University. SOLICITATION NO: 20-7698 ABILITY HOUSING, INC 18 GREGORY E. MATOVINA Greg has served on the board of Ability Housing since 2006. He founded Matovina & Company, a residential land development firm, in 1991. Over the last twenty-nine years, Matovina & Company has been involved in the development of over 15,000 home sites with a primary focus on developing small lot developments targeting first time and first move up home buyers. Prior to forming Matovina & Company, Greg was an accountant with Arthur Young & Company, working primarily in the audit and tax departments. During his employment with Arthur Young, he was exposed to the home building/development industry through a relationship with Summerhomes, one of the top five builders in Northeast Florida at that time. In 1986, he joined Summerhomes as Vice President of Finance and quickly advanced to Executive Vice President, in charge of all building activities, including finance, accounting, permitting, purchasing and estimating, construction and land development. Greg has been active in the Northeast Florida Builders Association, serving as a member of the Board of Directors for over fifteen years. In 2002, he was the Secretary/Treasurer, in 2003, he served as the First Vice President/President Elect and in 2004 held the position of President. He received the 2000 Leadership Award for his service to the industry as Chairman of the Codes and Standards Committee, was named Builder/Developer of the year in 2005 and in 2006, was the first recipient of the Arnold Tritt Achievement Award. Greg also has served in a leadership position with the Florida Home Builders Association having served as Secretary in 2016, First Vice President and Treasurer in 2017 and President in 2018. Greg's efforts to create homeownership opportunities for people of all economic status has led to his appointment to the Board of Directors of Habijax, Jacksonville's Habitat for Humanity affiliate. He has served on the Habijax Board for fifteen years, 5 of those as Chairman. He also dedicates his time and leadership to the Board of Builders Care, the Northeast Florida Builder's Association's non-profit organization whose mission is to eradicate substandard housing in Northeast Florida (14 years), the Northeast Florida Builders Association Charitable Foundation which funds housing related charities (14 years as Chairman). A native of Hammond, Indiana, Greg received his bachelor's degree in Accounting from the University of Miami where he graduated Magna Cum Laude. He is a Certified Public Accountant and Licensed Real Estate Broker. HUGH D. ("DAVIS") WCARTY, Jr. Davis has served on the board of Ability Housing since July 2016; however, he was also a founding member and the first President of Ability Housing. He is a retired business executive whose career included 25 years with Ralston Purina Company; four years in London and Belgium as General Manager of non -petroleum business units for British Petroleum PLC; and executive positions with Central Soya Company and Consolidated Nutrition. He has an extensive volunteer experience in the Non Profit sector including: past board chair of United Cerebral Palsy Association of Greater St. Louis; past board chair and current board member of Riverview School in Sandwich, MA— a secondary boarding school with a three year post graduate program for individuals with modest IQ and specific learning disabilities; and founding board member of Triumph Services, Inc. in Birmingham, AL — which provides support in the areas of living, work and social activity for individuals with modest IQ's and specific learning disabilities who are able to live independently with appropriate support (currently serving about 250 people). SOLICITATION NO: 20-7698 ABILITY HOUSING, INC 19 He has a bachelor's degree from Mississippi State University, performed graduate work at both Mississippi State and Oklahoma City University and completed significant Senior Executive training at Stanford University and M IT. JOHN JACOB ("JAKE") R. PEEK Jake has served on the board of Ability Housing since January 2017. He is a Partner at Peek & Associates, and represents clients in tax planning, business acquisitions, dispositions and mergers, as well as providing ongoing counseling regarding business formation, corporate governance, contract law and ancillary legal issues. He also regularly counsels tax-exempt organizations on tax and governance matters. He is a certified specialist in Tax Law by the Florida Bar Board of Legal Specialization and Education. He is the former chair of the board at Discovery Montessori School and was a founding board member of the Carey Bishop Foundation. He was named to Florida Trend's Legal Elite, listed in Super Lawyers, and recognized as a "Jacksonville Top Lawyer" by 904 Magazine. He is as a member of the American Bar Association Tax Section, the Florida Bar Association Tax Section, and the Jacksonville Bar Association. Since 2013, he has served on the Jacksonville Chamber of Commerce, Board of Governors, Committee on Downtown Development. He is a Magna Cum Laude graduate from Randolph -Macon College, with a degree in mathematics. He obtained his Juris Doctorate degree from the University of Virginia and served on the University of Virginia Law Review. ANN M. REINERT Ann has served on the board of Ability Housing since July 2018. As Market Leadership Team (MLT) Program Director at JPMorgan Chase & Co., she is responsible for the management, strategic planning, and communications for the MLT Program, and is tasked with helping the market leaders across the 50+ US markets achieve their goals and share the best practices that will grow Chase's business, employees and communities. In her previous role, she was a member of the Chase's Corporate Responsibility department where she partnered with community stakeholders to develop and grow programs that support economic inclusion. In her role, she managed the grants portfolio for West, Central and Northeast Florida as well as Georgia, and the Carolinas. She worked closely with community leaders, elected officials, and business leaders to identify best in class programs that support workforce readiness, affordable housing, small business development and financial capability strategies. Prior to joining Chase in 2011, she served as the Senior Director of Programs at Nonprofits First, a capacity building and management support agency for nonprofit organizations in Palm Beach County, Florida. At Nonprofits First, she oversaw the education and leadership programs, consulting services, and a Certification program for sound nonprofit management. She has a bachelor's degree in Psychology from the Clemson University and a Master of Public Administration degree from the College of Charleston. She has served on the Board of the Central Florida Commission on Homelessness since 2015. EVAL UA TION CRITERIA NO. 7: LOCAL VENDOR PREFERENCE N/A SOLICITATION NO: 20-7698 ABILITY HOUSING, INC 20 A TTACHMENTS • Attachment A Conceptual Site Plan • Attachment B Pro Forma • Attachment C Consolidated Audited Financial Statements 0 2014 Ability Housing Audit 0 2015 Ability Housing Audit 0 2016 Ability Housing Audit 0 2017 Ability Housing Audit 0 2018 Ability Housing Audit 0 2019 Mid -Year Finance Report • References o Ability Hyde Park Reference Questionnaire o Ability Housing Oakland Terrace Reference Questionnaire o Ability Housing Renaissance Village Reference Questionnaire • Required Signature Forms o Addendum 1 o Addendum 2 o Addendum 3 o Addendum 4 o Addendum 5 o Form 2: Vendor Checklist o Form 3: Conflict of Interest Affidavit o Form 4: Vendor Declaration Statement o Form 5: Immigration Affidavit Certification o Form 6: Vendor Substitute W-9 • Insurance Requirements SOLICITATION NO: 20-7698 ABILITY HOUSING, INC 21 I 17 BLOCK 2 PISCITELLO LOT 19 BLOCK 2 PISCITELLO LOT 18 BLOCK 2 GONZALEZ, et aL LOT 17 BLOCK 2 SMALL yBLE) LOT16 ' BLOCK 2 GIZ, et a], 1 IN LINK FENCE m = oumICU rIInczm wr I IL 1VIHI" mi = TELEPHONE RISER WATER METER = WELL D4 = GATE VALVE = CLEANOUT D"4 = WATER VALVE o = CABLE RISER Ta = TRAFFIC CONTROL BOX I �= DENOTES SCHEDULE B-11 IT = DENOTES FAIRWAY HOLE N y` , LOT 15 I CA°NCRETE RT PATH 4 PROPERTY LINDERS NE BLOCK LOT 14 LOT 13 LOT 12 LOT 11 LOT 10 f I DAMASO, et al. BLOCK 2 BLOCK 2 BLOCK 2 BLOCK 2 BLOCK 2 ` FRANCOIS SCHOENNAGEL JIMENEZ ESCOBAR DENT l ! I - - — ------I 4------- --------- ___ -— --- ---- -----4- — 11 I FOUND 518" IRON --1 1 PIN AND CAP WOOD PANEL FENCE 1 I I STAMPED WVM 3667 IS 1.5• SOUTH OF 3543) 1 PROPERTY LINE WOOD PANEL FENCE 1 I IS 4.2' SOUTH OF 1 PROPERTY LINE 1 UTILITY EASEMENT 22 I {y I I (O R. BOOK 1131. PAGE 1230) I 1 m GUY EASEMENTS 20 EXPOSED LINE {O.R. BOOK 4098. PAGE 3967} #18 TEE BOXWATER I RIP P RIP RAP x,s f I CABLE �{ 1 HGLbCD II. INC. y I (O.R. BOOK 4098, (O.R. PAGE 3957) LLOT 8 LOT BLOCK 2 BLOCK 2 LOCK SZEMPRUCH KOWA CONCRETE CART PATH DLULm L 1 SAINT JUSTE IS LOT 4 BLOCK 2 HASHMAN I LOT 5 BLOCK 2 q STEFANOS I11 LOTS r FOUND BLOCK 2 1/1 I LAMY LOT 7 BLOCK 2 WORD WATCHERS FELLOWSHIP 1 CHARITABLE TRUST, eh + 1 11 POTENTIAL ACCESS 1 �. #17 GREEN DRIVE (TYP.) l I l' BOARD OF COUNTY COMMISSIONERS r OF COLLIER COUNTY 22 II f I� r (PLAT Br , 5, PAG ` . —64 ) BLOCK I PARKING PARCEL 1 (O.R. 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BOOK 2 8, PAGE 1331) GREEN I � _ FOUND 5I8" IRON � �^ I CONCRETE PIN AND CAP HEADWALL _ - - - STAMPED LB 1772 •__� 2 _ J o� #11 E BOX — EXISTINGCONCRETE CONCRETE HEADWALL - ENT o� HEADWALL = l FLIP RAP � FOUND SIB"IRON _ EXISTING LAKE EXPOSED PIN AND CAP WATER LINE STAMPED LB 17-12 - FOUND 518" IRON PIN AND CAP _ STAMPED LB 1772 FOUND 518" IRON MASONRY PIN HEADWALL — — — — — — MATGHLINE PAGE 3 — — — — — — — — — — — — — — — — — — WE MATC H L I N E PAGE 4 FOUND SW IRON 011 GREEN PIN AND CAP STAMPED LB 1M ART PATH _ 1 +� P PAR ONE HOMEOWNERS _ FOUND IRON PININ ASSOCIATION, INC. (NOT PART OF THIS SURVEY) _ 36.4' x 36.4• I COVERED _ REST ROOM STATION , I IRON # TE BOX , L A N Al ,a m i it CONCRETE HEADWALL #B GREE 35.9' X 36.2' COVERED PAVILLI IN WITH CONCRETE PAD CONCRETE CART PATH Q z li.i U to C7 cn ,i a W IL ti Q Z Y Z Q Z ❑ 1: C] w U? < wi w VJ L.L w W Z Q a = rUrA VJ Q 0 I 3x SI.P = /<v8 1ea = 3y2 sP I � 2.5 )%d,D1P5 I sm X #2 E OX P�/N6 jet = 285 ,sr° 7d1z� UN.fi3 = 36y GOLDEN GATE CONCEPTUAL PLAN ©0 50 100 Zoo 22 January 2020 ® Stantec Ability Housing, Inc. Housing and Land Development Component at Former Golden Gate Golf Course Development Sources and Uses Uses Hard Costs $ 44,700,000 General Development Costs $ 6,000,000 Financing Costs $ 2,500,000 Contingencies (5%) $ 2,650,000 $ 55,850,000 Sources First Mortgage $ 45,850,000 Grant: Community Foundation $ 10,000,000 $ 55,850,000 First Mortgage Calculation Gross Rental Income $ 5,471,796 Other Income $ 27,359 Less Contingencies $ (383,026) $ 5,116,129 Less Operating Expenses $ (1,784,191) Net Operating Income $ 3,331,938 Net Operating Income $ 3,331,938 First Mortgage Debt Service $ 2,776,615 Max DSC 1.2 First Mortgage Rate 5.00% First Mortgage Term 35 First Mortgage Amount $45,847,088 Ability Housing, Inc. Housing and Land Development Component at Former Golden Gate Golf Course Unit Mix Bed Rooms 0.0 Bed Rooms 0.0 Bath Rooms 1.0 # Units 0 AMI% Rent Level 60% Demo S/V Monthly Rent $823 Annual Rental Income $0 1.0 1.0 1.0 0 80% ESP $1,098 $0 1.0 1.0 1.0 80 60% S/V $882 $846,720 1.0 1.0 1.0 40 80% ESP $1,176 $564,480 2.0 2.0 2.0 70 60% S/V $1,057 $887,880 2.0 2.0 2.0 87 80% ESP $1,410 $1,472,040 3.0 3.0 1 2.0 1 0 1 60% 1 S/V 1 $1,221 1 $0 3.0 3.0 2.0 87 80% ESP $1,629 $1,700,676 364 $5,471,796 Operating Pro Forma Gross Potential Rental Income Year One Annual 5,471,796 Per Unit Year 2 15,032 5,581,232 Year 3 5,692,857 Year 4 5,806,714 Year 5 5,922,848 Year 6 6,041,305 Year 7 6,162,131 Year 8 6,285,374 Year 9 6,411,081 Year r 6,539,303 6,670,089 6,803,491 6,939,560 7,078,352 7,219,919 Other Income 27,359 75 27,906 28,464 29,034 29,614 30,207 30,811 31,427 32,055 32,697 33,350 34,017 34,698 35,392 36,100 Gross Potential Income 5,499,155 15,108 5,609,138 5,721,321 5,835,747 5,952,462 6,071,511 6,192,942 6,316,801 6,443,137 6,571,999 6,703,439 6,837,508 6,974,258 7,113,743 7,256,018 O Less: V z Economic Loss 1.50% 82,077 225 83,718 85,393 87,101 88,843 90,620 92,432 94,281 96,166 98,090 100,051 102,052 104,093 106,175 108,299 Physical Vac. Loss 4.50% 246,231 676 251,155 256,179 261,302 266,528 271,859 277,296 282,842 288,499 294,269 300,154 306,157 312,280 318,526 324,896 Collection Loss 1.00% 54,718 150 1 55,812 56,929 1 58,067 59,228 60,413 1 61,621 62,854 1 64,111 65,393 1 66,701 68,035 69,396 1 70,784 72,199 Total Effective Gross Income 5,116,129 14,055 5,218,452 5,322,821 5,429,277 5,537,863 5,648,620 5,761,593 5,876,824 5,994,361 6,114,248 6,236,533 6,361,264 6,488,489 6,618,259 6,750,624 Fixed: Ground Lease 1 0 1 1 1 1 1 1 1 1 1 1 1 1 1 1 Real Estate Taxes 147,420 405 151,843 156,398 161,090 165,923 170,900 176,027 181,308 186,747 192,350 198,120 204,064 210,186 216,491 222,986 Insurance 118,300 325 121,849 125,504 129,270 133,148 137,142 141,256 145,494 149,859 154,355 158,985 163,755 168,668 173,728 178,939 Other - - - - - - - - - - - - - - - - Variable: W N Management Fee 5.00% 273,590 1 752 281,798 290,252 298,959 307,928 317,166 326,681 336,481 346,576 356,973 1 367,682 378,713 390,074 401,776 413,829 „z, General and Administrative 109,200 300 112,476 115,850 119,326 122,906 126,593 130,391 134,302 138,331 142,481 146,756 151,158 155,693 160,364 165,175 'x Payroll Expenses 364,000 1,000 374,920 386,168 397,753 409,685 421,976 434,635 447,674 461,104 474,937 489,186 503,861 518,977 534,546 550,583 Utilities 327,600 900 337,428 347,551 357,977 368,717 379,778 391,172 402,907 414,994 427,444 440,267 453,475 467,079 481,092 495,524 Marketing and Advertising 7,280 20 7,498 7,723 7,955 8,194 8,440 8,693 8,953 9,222 9,499 9,784 10,077 10,380 10,691 11,012 Maintenance and Repairs/Pest Control 200,200 550 206,206 212,392 218,764 225,327 232,087 239,049 246,221 253,607 261,216 269,052 277,124 285,437 294,000 302,820 Grounds Maintenance and Landscaping 109,200 300 112,476 115,850 119,326 122,906 126,593 130,391 134,302 138,331 142,481 146,756 151,158 155,693 160,364 165,175 Other - - - - - - - - - - - - - - - - ReserveforReplacements 127,400 350 131,222 135,159 139,213 143,390 147,692 152,122 156,686 161,387 166,228 171,215 176,351 181,642 187,091 192,704 Total Expenses 1,784,191 4,902 1,837,717 1,892,848 1,949,634 2,008,123 2,068,366 2,130,417 2,194,330 2,260,160 2,327,964 2,397,803 2,469,737 2,543,829 2,620,144 2,698,748 Net Operating Income 3,331,938 9,154 3,380,735 3,429,973 3,479,644 3,529,740 3,580,254 3,631,175 3,682,495 3,734,201 3,786,284 3,838,730 3,891,526 3,944,660 3,998,115 4,051,875 Debt Service Payments First Mortgage 2,776,615 7,628 2,776,615 2,776,615 2,776,615 2,776,615 2,776,615 2,776,615 2,776,615 2,776,615 2,776,615 2,776,615 2,776,615 2,776,615 2,776,615 2,776,615 N Second Mortgage - - - - - - - - - - - - - - - - u~, Third Mortgage - - - - - - - - - - - - - - - - - Total Debt Service Payments 2,776,615 7,628 2,776,615 2,776,615 2,776,615 2,776,615 2,776,615 2,776,615 2,776,615 2,776,615 2,776,615 2,776,615 2,776,615 2,776,615 2,776,615 2,776,615 a Cash Flow after Debt Service 555,323 2,526 604,220 653,357 703,028 753,125 803,639 854,560 905,879 957,586 1,009,669 1,062,115 1,114,911 1,168,044 1,221,499 1,275,260 z Debt Service Coverage Ratios z DSC - First Mortgage 2.20 0.00 1.22 1.24 1.25 1.27 1.29 1.31 1.33 1.34 1.36 1.38 1.40 1.42 1.44 1.46 DSC-Second Mortgage N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A DSC-Third Mortgage N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A DSC -All Mortgages and Fees 1.20 0.00 1.22 1.24 1.25 1.27 1 1.29 1.31 1.33 1.34 1.36 1.38 1.40 1.42 1.44 1.46 Ability Dousing of Northeast Florida, Inc, and Affiliates (a non-profit organization) Jacksonville, Florida Consolidated Financial Statements and Supplemental Information December 31, 2014 and 2013 Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Table of Contents P Independent Auditors' Deport on Basic Financial Statements I and Supplementary Inlormation Financial Statements Consolidated Statements of financial Position 3 Consolidated Statements of Activities 4 Consolidated Statements of Functional Expenses 5 Consolidated Statements of Cash Flows 7 Motes to Consolidated Financial Statements 9 Other Reports and Supplementary Information Consolidating Statement of Financial Position 23 Consolidating Statement of Activities 25 Consolidating Statement of Functional Expenses 26 Consolidating Statement ofCash Flows 27 Independent Auditurs' Report on internal Control Over Financial Reporting and on Compliance and Other Matters Based on an Audit of Consolidated Financial Statements Performed in Accordance with Government Auditing Standards 29 n, anuCE 9HCALY MIC FIAEL (T PITCH KEVIN M FRITZ JON E C.OPNfUpC RALSTON & COMPANY, R.A. CERrIFIEP PUBLIC ACCoUNTANT5 677-P 5AN JOSE BOULEVARD. SU17C boo JACKSONVILLI=. FLORIDA 322r7-$RIB INDETENDEN'T' AUDITORS' REPORT To the Board of Directors Ability Housing of Northeast Florida, Inc. and Affiliates Jacksonville, Florida Report on the Financial Statements RQRFRT E MALS70rl 11921 10801 FJEHT J, F'IT'f MIAN, JR IRETIRED] T@I_rpIIONE 29oa1 730-044A FAA IQ1941 "o-0993 EMAII- cpe�ipldl9lonOO,r,a�n We have audited the acenmpanying consolidated financial statements of Ability Housing of Northeast Florida, Inc. and Affiliates, which comprise the statements of financial position as of December 31, 2014 and 2013, and the related consolidated statements of activities, functional expenses, and cash flows for the years then ended, and the related notes to the financial statements. Management's Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implcmcntation, and maintenance, of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. Auditor's Responsibility Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing ,1;1andards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audits to obtain rcasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. fn making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control, Accordingly, we express no such opinion, An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Opinion In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Ability Iiousing of Northeast Florida, Inc. and Affiliates as of December 31, 2014 and 2013, and the changes in its net assets and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America. Othcr Matters As 'indicated in Note 18, Ability blousing of Northeast Florida, Inc. did not reflect a forgiveness of City of Jacksonville dent in 2013. The prior year statements have been restated to reflect the correction of the error. Other Deporting Required by Government Auditing Standards In accordance with Government Auditing Standards, we have also issued our report dated May 7, 2015, on our consideration of Ability Housing of Northeast Florida, Inc. and Affiliates' internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters. The purpose of that report is to describe the scope of our testing of internal control over firrancia.l reporting and compliance and the results of that testing, and not to provide an opinion on internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering Ability Housing of Northeast Florida, Inc. and Affiliates' internal control over financial reporting and compliance. 4" JPA May 7, 2015 Agility Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Consolidated Statements of Financial Position December 31, 2014 and 2013 Cash and cash equivalents Investments Grants receivable Other receivables Deposits Construction in process Prepaid cxpcnses OrganIzational costs, net of accumulated amortization of'$4,278 and $61 l Property and equipment, net of accumulated depreciation of$3,052,014 and $2,274,834 Total assets ASSETS 2014 2013 $ 1,392,341 $ 2,443,244 1,057,668 1,019,988 55,829 47,807 101,944 146,811 1,470,751 1,361,135 760,208 1,714,082 75,300 46,535 50,722 54,389 26,073,293 24,272,893 $ 31,039,046 $ 31,106,884 LIABILITIES AND NET ASSETS 2014 2013 Accounts payable $ 82,512 $ 2,180,673 Accrued expenses 65,728 13,109 Deferred revenue 10,384 4,767 Security deposits 78,259 74,389 Current portion of long-terin debt 3,608,591 203,897 Long-term debt 15,033,559 17,812,682 Total liabilities Net assets Controlling interest net assets unrestricted - internally designated Controlling interest net assets unrestricted - nondesignated Noncontrolling interest net assets unrestricted Unrestricted net assets Temporarily restricted net assets Total net assets Total liabilities and net assets 18,879,023 20,289,517 814,983 1,138,239 10,140,801 12,094,023 65,000 12,159,023 $ 31,038,046 See accompanying notes to consolidated financial statements. -3- 814,983 1,206,494 8,795,890 10,817,367 10,817,367 $ 31,106,884 Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Consolidated Statements of Activities For the years ended December 31, 2014 and 2013 Changes in unrestricted net assets: Contributions, grants and revenues Program income Contributions Grants [ether income Total contributions, grants and revenues Expenses Prograin services Management and general Fundraising Total expenses Change in unrestricted net assets Change in temporarily restricted net assets Grant Increase (decrease) in net assets Capital contributions Consolidated net assets, beginning of year Consolidated net assets, end of year Noncontrolling interest in subsidiary, beginning of year Noncontrolling interest in subsidiaries' loss 2014 2013 1,718,705 $ 1,273,629 501,340 69,942 548,392 543,811 236,704 394,696 3,005,141 2,282,077 3,136,642 2,449,438 171,713 124,932 74,872 31,002 3,383,227 2,605,372 (378,086) (323,295) 65,000 - (313,086) (323,295) 1,654,742 2.793,002 10,917.367 8,347,660 12,159,023 10,817,367 (9,795,890) (6,243,148) 309,666 239,982 Noncontrolling interest contribution (1,654,577) (2,792,724) Controlling interest net asset,;, end of"year $ 2,018,222 $ 2,021,477 See accompanying notes to consolidated financial statements. -4- Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Consolidated Statement of Functional Expenses For the year ended December 31, 2014 Salaries and wages Payroll taxes Employee benefits Direct program expenditures Telephone and utilities Professional services Repairs and maintenance Interest Insurance - general Memberships, meetings, and training Taxes and licenses Office expense Bad debts Rent Marketing Insurance - workers' compensation Tenant relocation Postage Miscellaneous expense Depreciation and atnortization Total expenses Program Services supporting, services Management and General Fundraising Tnin] $ 599,092 $ 58,198 $ 27,387 $ 684,677 49,974 4,855 2,284 57,113 65,636 6,376 3,001 75,0t3 714,702 69,429 32,672 816,803 409,846 - - 409,846 263,697 7,942 - 271,639 186,292 35,825 16,719 238,836 230,444 - - 230,444 118,836 - - 119,836 98,432 10,937 - 109,369 80,218 20,054 - 100,272 86,452 - - 86,452 45,742 11,435 - 57,177 39,923 - - 39,923 27,560 6,890 - 34,450 - 23,453 23,453 12,064 1,340 - 13,404 4,720 - - 4,720 889 729 2,028 3,646 28,527 7,132 35,659 2,348,344 171,713 74,872 2,594,929 788,298 - - 788,298 $ 3,136,642 $ 171,713 $ 74,872 $ 3,383,227 See accompanying notes to consolidsued financial statements, -5- Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Consolidated Statement of Functional Expenses For the year ended December 31, 2013 Salaries and wages Payroll taxes Employee benefits Direct program expenditures Tenant relocation Professional services Telephone and utilities Repairs and maintenance Insurance - general Office expense Memberships, meetings, and training Taxes and licenses Gent Interest Bad debts Insurance - workers" compensation Marketing Postage Miscellaneous expense Depreciation and amortization Total expenses SL[pportvig Services Program Management Services and General F'undraisuig Total $ 417,895 $ 39,250 $ 4,617 $ 461,762 37,102 3,485 410 40,997 40,457 3,800 447 44,704 495,454 46,535 5,474 547,463 320,292 - - 320,292 231,249 - 23 t,249 169,205 32,540 15,185 216,930 177,496 5,346 - 192,842 155,058 - - 155,058 56,321 6,258 - 62,579 48,942 12,236 - 61,178 39,765 9,941 - 49,706 44,770 - - 44,770 22,443 5.611 - 28,054 25,949 - - 25,949 15,762 - 15,762 10,250 1,139 - 11,389 - - 8,536 8,536 792. 650 1,807 3,249 18,703 4,676 - 23,379 1,832,451 124,932 31,002 1,988,385 616,987 - - 616,987 $ 2,449,438 $ 124,932 $ 31,002 $2,605,372 See accompanying notes to consolidated financial statements. -6- Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Consolidated Statements of Cash Flows For the years ended December 31, 2014 and 2013 Cash flows from operating activities Change in unrestricted net assets Adjustments to reconcile change in unrestricted net assets to net cash used by operating activities Depreciation and amortization Realized (gain) loss on sale of investments Unrealized gain on Investments Debt forgiveness (Increase) decrease in: Grants and other receivables Prepaid expenses Increase (decrease)in: Accounts payable and accrued expenses Deferred revenue Due to affiliate Net cash used by operating activities Cash flows from investing activities Proceeds from sale of investments Purchase of investments and fees Increase in deposits Decrease in construction in process Capital expenditures Increase in security deposits Net cash used by investing activities Cash flows from financing activities Purchase of organizational costs Capital contribution Proceeds from long-term debt Repayments of long-term debt Net cash provided by financing activities 2014 2013 $ (313,086) $ (323,295) 788,298 6I6,987 2,751 (4,677) (74,307) (34,964) (293,930) (325,000) 36,845 (127,075) (28,765) (44,592) (603,668) (39,108) 5,617 3,680 - (5,000) (480,245}- - (283,044) 395,693 (361,817) (109,617) 953,874 (4,026,894) 3,870 271,442 (1,251,789) (387,508) 910,347 (4,658,607) 5,745 (3,144,891) (5,1 10,370) - (55,000) 1,654,742 2,793,002 959,913 3,155,936 (40,422) (151,261) 2,574,233 5,742,677 Increase (decrease) in cash (1,050,903) Cash and cash equivalents - beginning orycar 2,443,244 Cash and cash equivalents - end o["year $ 1,392,341 See accompanying notes to consolidated financial statements. -7- 349,263 2,093,981 $ 2,443,2.44 Ability dousing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Consolidated Statements of Cash Flows For the years ended December 31, 2014 and 2013 2014 2013 Supplemental Disclosures Cash paid for interest $ 105,741 $ 33,461 Cash paid for income taxes NIA NIA Sec accompanying notes to consolidated financial statements. -8- Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31. 2014 I, Organization Ability Housing of Northeast Florida, Inc. is a tax-exempt, 501(c)(3) non-profit organization incorporated in the State of Florida in 1992 (then named Grove House of Jacksonville, Inc:.). In 2004, Ability Housing revised its mission and focus from that of service organization interested in affordable housing to that of an organization dedicated solely to the dcvelopmclit and operation of quality, affordable housing. The mission of Ability Housing is to provide quality, affordable, community inclusive housing for individuals and families experiencing or at risk of homelessness and adults with a disability. The foundation of this mission is not the housing created but the residents of the housing and their neighborhoods. 1 he output is housing units; the outcomes are an improved quality of life ror each resident and the community. To fulfill its mission, Ability Llousing develops and operates quality rental housing and coordinates supportive services for tenants through four distinct programs: CASA is a scattered -site project consisting of 29 single-family and 1znulti-family homes dispersed throughout Jacksonville, Florida. CASA utilizes a shared -housing model which is designed specifically for adults with disabilities wishing to livo independently with roommates. The 29 homes provide housing to 60 or more adults with a disability, the maiority of which are cognitive. The Villages Program consists of quality, multi -family, rental properties targeted to formerly homeless, very low and extremely low income individuals and families, The Villages is dedicated to fostering the dignity, increased independence and scl#-sufficiency of all of its residents. Individualized support services are offered to all residents to allow them to maintain their housing and access community -based services. Villages currently consists of three completed properties; with one property currently under construction and another in pre-devclopmcnt. Mayfair Village Apartments is an 83-unit apartment complex located on Jacksonville's Southside. 42 units are reserved for Extremely Low Income (earning less than 30% of Area Median Income ("AMI") households and 41 units are restricted to Very Low Income (earning less than 50% of AMI) households. Of the total households, 42 are restricted to homeless individuals and families. Mayfair Village is owned by Ability Mayfair 11, LLC, Ability I lousing is 0.01 % owner of Ability Mayfair 11, LLC and is the managing member and exercises etlectivc control. Accordingly, the LLC is a consolidating organization. Mayfair Village Apartments was acquired and rehabilitated utilizing Low Income Housing "fax Credit equity, a Tax Credit Exchange Program forgivable loan, a HOME Investment Partnership Program loan and a Homeless Ilousing Assistance Grant. Renaissance Village Apartments is a 52-unit apartment complex located in Jacksonville's Longbranch community. All units are restricted to serving persons who arc homeless or at -risk 11oLtseholds and earn 35% or less of AM]. Renaissance Village was acquired from Florida llouSHIg Finance Corporation and rehabilitated utilizing a Neighborhood Stabilization Program forgivahic loan from the City of Jacksonville. Oakland Terrace Apartments is a 60-unit apartment complex located on Jacksonville's Eastside with a Section 8 1 lousing Assistance Payments agreement with the U.S. Department of Housing and Urban Development; a significant portion of the property's rental income is received from I lUD. 48 units are restricted to hcruscholds earning 60% of AMI and 12 units arc restricted to those at 3011A of Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31 2014 AM[, 6 of which are set aside for special needs households. Ability Housing has instituted a preference for all unit turnover to be targeted to homeless families. Oakland Terrace is owned by Ability Oakland 11, LLC, Ability Housing is 0.01% owner of Ability Oakland 11, LLC and is the managing member and exercises effective control. Accordingly, the LLC is a consolidating organization. Oakland Terrace was acquired and rehabilitated utilizing; Low Income .Housing Tax Credit equity, HUD Mortgage Restructuring and Contingent Repayment Mortgages, and conventional debt. Ability Oakland 11, LLC has a fiscal year-end of October 31. 'rhe October 31, 2014 information is reflected in these financial statements. Village on Wiley is a 43-unit new construction project targeted to high utilizers of crisis services, the majority of whom will be chronically homeless. 13 units are reserved for households earning 33% or less of AMI, the remaining 30 units will target households earning 50% or less of AML Village on Wiley is being financed by a forgivable loan from Florida Housing Finance Corporation. 111ousingLink serves persons with disabilities experiencing long-term or repeated episodes of homelessness. Ability Housing provides rental assistance which allows individuals the opportunity to afford housing in the community; and contracts with area service providers to ensure each resident is provided voluntary, individualized case management services so that the household may retain their housing; and increase their self-sufficiency. The Resident Enrichment program ensures that Ability Housing's residents have the supports and enrichment opportunities they need to enhance their lives. Ability Housing contracts with nonprofits in the community to provide voluntary, individualized case management services, as well ais workshops and trainings for all residents. 2. Sumrn€rxy of Significant Accounting Policies Basis of Accounting The financial statements of Ability Housing have been prepared on the accrual basis of accounting; and accordingly reflect all significant receivables, payables, and other liabilities. Basis of'Presentation The financial statements include the accounts of Ability Housing of Northeast Florida, Inc., Ability Mayfair 11, LLC, and Ability Oakland 11, LLC presented on a consolidated basis. All significant inter -company balances and transactions have been eliminated. Usc of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make: estimates and assumptions that affect certain reported amounts and diSelo.'Uir". Accordingly, actual results could differ frorn those estimates. InyestmQ11(s Investments are carried at fair value and any grain or loss from mark -to market accounting valuations will be recorded as an unrealized gain or lass in the Consolidated Statements of Activities. Realized gains and lasses are recorded as of the trade date. Accounts Receivable Grants, contracts and other accounts receivable are stated at the amount managernent expects to collect from outstanding balances. If amounts becorne uncollectible, they will be charged to the program when the determination is made. At December 31, 2014 and 2013, there was no allowance for doubtful accounts. - 10- Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31. 2014 Construction in Process Construction in process is stated at cost. Organizational Costs Organizational costs incurred in the establishment of Ability Oakland II, LLC totaled $55,000. Those costs are being amortized over a 15 year period, Amortization expense for the period ended October 31, 2014 and 2013 was $3,667 and $61 1. Accumulated amortization at October 31, 2014 and 2013 was $4,278 and $61 1, respectively. Property and Equipment Property and equipment are stated at cost. Donated assets are valued at fair value. Depreciation is computed using the straight-line and accelerated methods over the cstirnatcd useful lives of the individual assets, ranging; firo rt 5 to 40 years. Improvements are capitalized, while expenditures for maintenance and repairs are charged to expense as incurred. Notes Payable Notes payable are recorded at their outstanding principal amounts. Income Taxes Ability Housing; is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code as confirmed in an exemption letter dated July 31, 1992. Ability Mayfair I1, LLC and Ability Oakland II, LLC have no provision or liability for income taxes because members arc taxed individually on their proportionate share of the Organization's income. Each file a profit based partnership tax return. Ability Ilousing of Northeast Florida, Inc. and Affiliates lollows the provisions of FASB ASC 740- 10-25. Under FASB ASC 740-10-2S, an organization must recognize the tax benefit associated with tax taken for tax return purposes when it is more likely than not the position will be sustained. The implementation of FASB ASC 740-10-25 had no impact on Ability Mousing of Northeast Florida, Inc. and Affiliates' financial statements. Ability [-lousing of Northeast Florida, Inc. and Affiliates does not believe thereare any material uncertain tax positions and accordingly, it will not recognize any liability for unrecognized tax benefits. For the years ended Dec:cmber 31, 2014 and 2013, there were no interest or penalties recorded or included in its financial statemcnts. Ability Housing of Northeast Florida, Inc. and Affiliates is no longer subject to U.S. federal income tax examinations by the tax authorities for the year December 31, 2011 and earlier. Functional Expenses The costs of providing; programs have been summarized on a functional basis in the Statements of Functional Expenses. Rental Income Rental income is recognized as rents become due. Rental payments received in advance are deferred until earned. All leases between the Organization and the tenants of the property are operating; leases. For the period ended October 31, 2014 and 2013, Ability Oakland 11, LLC received $509,598 and $204,827 HUD Section 8 subsidies. For the years ended December 31, 2014 and 2013, Ability Mayfair 11, LLC received Kubsidics from several sources totaling $199,504 and $207,914, respectively. For the years ended December 31, 2014 and 2013, Renaissance Village received subsidies from several sources totaling $88,906 and $144,299, respectively. Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31, 2014 Cash. and Cash Equivalents Ability Housing considers all highly liquid debt instruments with original maturities of three months or less to be cash equivalents. All certificates of deposit are considered cash. Contributions Financial statement presentation also follows the recommendations of ASC 958-205 "Accounting for Contributions Received and Contributions Made". In accordance with ASC 958-205, contributions received are recorded as unrestricted, temporarily restricted, or permanently restricted support depending on the cxistencc and/or nature of any donor restrictions. Contributions that are restricted by the donor are reported as increases in unrestricted net assets ifthe restrictions expire in the fiscal year in which the contributions are. recognized. All other donor -restricted contributions are reported as increases in temporarily or permanently restricted net assets depending on the nature of the restrictions. When a restriction expires, temporarily restricted net assets are reclassified to unrestrictcd net assets. ❑onated Materials. Long-lived Assets. Facilities & Services Donated materials are recorded as contributions at their estimated fair value at the date of donation. Long-lived assets or the use of facilities are recorded as contributions in the period received at fair value. Contributions of services are recognized in the financial statements if the services enhance or create nonlinancial assets or require specialized skills and are provided by individuals possessing those skills. Impairment of Long: -Lived Assets Ability Housing reviews its long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying value may not be recoverable. Recoverability is measured by a comparison of the carrying amount to the future net undiscounted cash flow expected to be generated and any estimated proceeds rrom the eventual disposition. If the long-lived asset is considered to be impaired, the impairment to be recognized is measured at the amount by which the carrying amount exceeds the fair value as determined from an appraisal, discounted cash flows analysis, or other valuation technique. No impairment losses were recognized in the years ended Dcccmber 31, 2014 and 2013. $Obsequent Events Management has evaluated subsequent events through May 7. 2015, the date: on which the financial statements were available to be issucd. - 12 - Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31, 2014 . 3. Nair Value Measurements Ability Housing's investments are reported at fair value in the accompanying Statements of Financial Position. The methods used to measure fair value may produce an amount that may not be indicative of net realizable value or reflective of future Fair values. Furthermore, although Ability Housing believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date. Significant. Significant Quoted prices in Other Other Active Market for Observable Unobservable Fair Identical Assets Inputs Inputs Value Level 1 Level Level 3 December 31, 2014 Equity mutual funds $ 580,721 $ $ 580,721 $ - Fixed income mutual funds 338,884 338,884 - I -ledge mutual Funds, 85,280 85,280 Real estate investment trusts 52.,783 52,783 $ 1,057,668 $ - $ 1,057,668 _ $ Sloricant Significant Quoted Prices in Other Other Active Market for Observable Unobservable Fair Identical Assets Inputs Inputs Value Levell l.evel2 (Level 3) December 31, 2013 Equity mutual funds $ 519,559 $ - $ 519,559 $ - Fixed income mutual fwlds 367,078 367,078 - Hedge mutual fwids 93,794 93,794 Real estate investment Mists 39,557 39,557 $ 1,019,988 $ - $ 1,019,988 $ - The fair value measurement accounting literature establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. This hierarchy consists of three broad levels: Level I inputs consist of unadjusted quoted prices in active markets for identical assets and have the highest priority, Level 2 inputs consist of observable inputs other than gt10ted prices for identical assets, and Level 3 inputs have the lowest priority. Ability Housing uses appropriate valuation techniques based on the available inputs to measure the lair value of its investments. When available, Ability Housing measures fair value using Level I inputs because they generally provide the: most reliable evidence of lair value. Level 3 inputs are used only when Level I or Level 2 inputs are not available. - 13- Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31, 2014 Leved I Fair Value Measurements The fair values of common stocks, certain corporate bonds, and U.S. government securities are based on the closing; price reported in the active market Where the individual securities are traded, when available. Level 2 Pair Value Measurements The fair value of certain corporate bonds for which quoted market price are not available are valued Based on yields currently available on comparable; securities of issuers with similar credit ratings. 1 nvestments in certain restricted common stocks are valued at the quoted market price of the issuer's unrestricted common stock less an appropriate discount. The fair value of the certificates of deposit is based on amortized cost or original cost plus accrued interest. Level 3 Fair Value Measurentents Investments not actively traded and significant other observable inputs are not available. Thus, the fair value of the guaranteed investment contract is determined by discounting; the related cash flows based on current yields of similar instruments with comparable durations considering the credit- worthiness of the issuer. Invetitnle nts Investments are comprised of the following: December 31, 2014 Equity mutual funds Fixed income mutual funds Hedge mutual funds Real estate investment taists Gross Unrealized hair Cost Gain loss Value $ 498,730 $ 81,991 $ 580,721 346,436 (7,552) 338,884 89,972 (4,692) 85,280 48,223 4,560 52,783 $ 983,361 $ 74, 3117 $ 1„057,668 Realized gains and losses orsales of mutual funds for the year ended December 3 1, 2014 were. Gross proceeds Realized gains Realized losses $ 395,693 2,223 $ 4,974 - 14. Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Note to the Consolidated Financial Statements December 31, 2014 Investments are comprised oftlic following: Gross December 31, 2013 Unrealized fair Cost Gain loss Value Equity mutual funds $ 466,227 $ 53,332 $ 51.9,559 Fixed income mutual funds 376,561 (9,483) 367,078 Hedge mutual funds 100,553 (6,759) 93,794 Real estate investment trusts 41,683 (2,126) 39,557 $ 985,024 $ 34,964 $ 1,019,988 Realized gains and losses of sales of mutual funds for the year ended December 31, 2013 were: Gross proceeds Realized gains Realized losses $ 271,442 8,562 $ 3,884 Dividends and interest income totaled $29,982 and $20,562 for the year ended December 31, 2014 and 2013. Fees paid were $1 1,462 and $9,671 for the years ended December 31, 2014 and 2013, 5. Coustriietion in Process Construction in process at December 31. 2014 and 2013 consisted of - Ability Oakland Villages on Wiley other 2014 2013 'b - $ 1,639,656 665,369 2,479 94,839 71,947 760,209 1,714,082 -15- Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31 2014 6. Property and - Equipment A tiumrnary ofproperty and equipment is as follows: 2014 2013 Ability Housing - Administration Equipment $ 63,318 $ 51,071 Accumulated depreciation Q9,479) _ (30,155) 23.l;:;q `ti 20,916 Ability Housing - CASA Scattered Sites Land $ 310,062 $ 310,062 Buildings and improvements 3,237,661 3,228,934 Accumulated depreciation (873,864) (776,661) 2,673,859 $ 2,762,335 Ability Housing - Renaissance Village Land $ 110,000 $ 110,000 Buildings and improvements 5,961,423 5,961,423 Accumulated depreciation (380,892) (223,282) $ 5,690,531 $ 5,848,141 Ability Mayfair 11 (as consolidated) Land $ 265,000 $ 265,000 Buildings and improvements 1.2,317,570 12,317,570 Equipment 111,302 111,302 Accumulated depreciation (1,566,930) (1,235,037) $ 11,126,942 $ 11,458,835 Ability Oakland 11 (as consolidated) Land $ 230,000 $ 230,000 Buildings and improvements 6,369,103 3,840,394 Equipment 149,858 121,521 Accumulated depreciation (190,849) (9,249) 6,558,112 $ 4,182,666 During 2013, the buildings or Ability Oakland 11 were purchased and rehabilitated. "rhe buildings were purchased in April 2013. Rehabilitation began at that time. Total construction in process at October 3 I, 2013 was $1,744,652. All tenants were required to be temporarily relocated at that time. The property was placed in service in December 2013. -16- Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December_31,2014_ - 7. Lona-term Debt Ability housing had the Following long-term debt at December 31, 2014 and 2013'. 2014 2013 Mortgage payable from Florida Housing; Finance Corporation, No interest. Collateral is specific real property and rent assignment. Annual principal payments of $8,400 begin December 2022 with a maturity balloon in December 2037. $ 252,000 $ 252,000 Mortgage payable from Florida Housing Hnance Corporation. No interest. Collateral is specific real property. Annual principal payments of $8,400 begin March 2023 with a maturity balloon in March 2038. 252,000 252,000 Mortgages payable to the City ol'JacksonviIle, $100,000 was obtained as a SHIP grant. $296,130 was obtained as a HOME grant, No interest, Collateral is specific real properties. Due dates are 2016-2027. The mortgages will be forgiven at the end of a 10-20 year period if all agreement requirements are met. 396,130 396,130 Various mortgages payable, in aggregate monthly installments of $3,166. Bearing interest ranging; from 6.0% to 6.25% at December 31, 2014. Matures between 2019 and 2020. Secured by real estate. 240,769 268,726 No interest due, .Matures 2026. The mortgage will be forgiven if all agreement requirements are met. The funds were used for rehabilitation of CASA homes. 400,000 400,000 Promissory notes from Florida Housing Finance Corporation totaling $5,975,000, with interest at zero percent, and principal nonamortizing. These notes are subject to a construction agreement and provide for a twenty year, permanent loan period, maturing December 2034. Upon construction completion, the loan will be forgiven at 5% annually, upon meeting certain requirements as detenn.ined by Florida Housing Finance Corporation, 449,709 - Renaissance Village construction contract Isom the City of Jacksonville. $6,606,000 was the total available. Final balance drawn was $6,421,423. Collateralized by specific real property. Interest at zero percent. The note will be forgiven in 2052 if the property remains affordable housing. 6,421,423 6,421,423 Twelve mortgages from Florida Housing Finance Corporation, all are no interest mortgages. Teri mortgages payable in total of $16,652 annually, maturing in 2034. Two mortgages payable in installments of $4,200 beginning in 2021, maturing in 2036, 459,066 472,795 -17- Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31, 2014 $447,240 obtained on various dates beginning in 1999 from the Jacksonville Mousing Commission as a HOME Grant. Grant proceeds are down payment assistance in the forth of a second mortgage, not to exceed 25% of the purchase price of any one home. $343,370 of the mortgages will be forgiven at the end of 10-15-year periods, provided all agreement requirements are met. $103,780 of the mortgages beginning in 2005 will be forgiven at (lie end of a 10-year period, provided all agreement requirements are met. $88,560 was forgiven in 2014. 200,693 287,990 $356,080 obtained on various dates beginning in 1999 from the Jacksonville Housing Commission as a SHIP [rent. Grant proceeds are down payment assistance in the form of a second mortgage, not to exceed 20°% of the put -chase price of any one home. The mortgage will be forgiven at the end of 10-15-year periods, provided all agreement requirements are met. $39,620 was forgiven in 2014, No interest is charged or accrued. 316,460 356,080 Ability Oakland it, LLC has an open construction loan in the amount of $4,750,000 with a commercial bank. The loan has an interest rate of 3.93%. The note is secured by the property and all rights and interest related thereto. The note matures in April 2015, and was paid off in February 2015 with equity from the Low Income Housing Tax Credit investor and a permanent loan from Local Initiatives Support Corporation. 3,266,138 2,755,934 Ability Mayfair II, LLC has a mortgage payable under the Tax Credit Exchange Program administered by the Florida Housing Finance Corporation. The original principal amount was $2,485,000. The mortgage bears no interest. Upon meeting certain requirements, as determined by Florida Housing Finance Corporation, the mortgage began in 2012 to be forgiven at a rate of 6.76% annually. $165,750 was forgiven in 2014. 1,987,752 2,153,501 Ability Mayfair 11, LLC has a mortgage payable under the HOME program administered with the Florida Housing Finance Corporation. Principal of up to $4,000,000 can be used for the acquisition, rehabilitation, and permanent financing of the Project. The note matures October 2036 and the principal is due at that time. No interest is charged or accrued. 4,000,000 4,000,000 Total 18,642,140 18,016,579 Current portion 3,608,581 203,897 Long term debt $ 15,013,559 $ 17,912,682 - 18- Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31, 2014 l/laturitics by year are as follows: Year ending; December 31, 2015 $ 3,608,581 2016 517,472 2017 280,273 2018 311,167 2019 294,989 thereafter 13,629,659 $ 18,642,140 8. Properties and Sources of Revenue CASA Ability Housing; owns 21 single family and 8 multi -family homes throughout Jacksonville, Florida. The homes are rented to qualifying, low-income, adults with disabilities. Rents are based on ability to pay. Excess costs to maintain and service the debt on the homes are made up through contributions, grants and fund raisers. Major renovations began in 2012 on these homes and were completed in 2013. Mayfair Village Apartments In January 2008, Ability Mayfair, LLC (wholly owned by Ability Housing) purchased an existing; apartment complex. The complcx was appraised at $4,509,130. The purchase price was $3,209,130. The $1,300,000 difference: in purchase price and appraised value was recognized as a contribution. The apartment complex was sold at a loss of$1371,831 in the year ended June 30, 2011 to Ability Mayfair 11, LLC of which Ability Housing has .01% ownership with effective contractual control. The sales price of the apartment complex was $2,650.000. 'rhe loss is eliminated in consolidation. Developer fees totaling $1,748,584 were paid to Ability Housing. These fees are eliminated in consolidation. Renaissance Village Apartments In April 2010, Ability I lousing; purchased renaissance Village, an existing complex. Rehabilitation of the complex began during the year ended June 30, 2011. The rehabilitation was completed in 2012 with $6,071,423 in costs that were capitalized. Oakland Terrace Apartments Ability Oakland 11, LLC is a limited liability company that was formed in 2013 for the purpose of purchasing, rehabilitating, owning and operating; a 60 unit low-income housing; complex located in Jacksonville, Florida. Ability Oakland 11 MM, LLC (wholly owned by Ability Housing) is the managing member with an interest of 0.01%, with effective contractual control. The apartment complex was purchased From an LLC 100% owned by Ability Housing at a gain of$1,588,094. The gain is eliminated in consolidation and the basis of the Ability Oakland building; is reduced. In 2014 and 2013, developer lees of$787,477 and $209,994 were paid to Ability Housing. These fees are eliminated in consolidation. - 19- Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31 2014 Ability Oakland has three notes totaling $1,118,142 payable to Ability Housing. These notes are eliminated in consolidation. 9. Retirement Plan Ability Housing adopted a Simple IRA plan in 1998 for its employees. Ability Housing contributed $5,712 and $4,560 on behall' of its employees for the years ended December 31. 2014 and 2013, respectively. 10. Leases In May 2012, Ability Housing relocated and is obligated on a 64 month lease. The monthly rent is $2,650 per month with a 2.5% increase beginning the first day of the third through filih years. Total rent expense was $34,450 and $28,054 for the years ended December 31, 2014 and 2013, respectively. A 5-year schedule of future minimum lease payments is as follows: 2015 32,330 2016 33,136 2017 22,551 $ 88,017 11. Concentration of Credit Risk Ability Ilousing's services are offered to those who have lower incomes and disabilities. This creates an inherent risk for ongoing rental collections. At December 31, 2014, Ability Housing had an $858,496 cash account which exceeded the $250,000 federally insured amount by $608,496. At December 31, 2014 Ability blousing had investment accounts totaling $1,057,668, The investment accounts are insured by the Securities Investor Protection Corporation up to $500,000, including a $100,000 limit on cash. 12. Operating Reserves and Deposits The following deposits are required to be maintained in accordance with the Ability Mayfair 11, LLC operating agreement at December 31, 2014 and 2013: Operating reserve $ 179,225 Revenue d4ricit reserve 540,541 Services reserve 40,238 Wind damage reserve 25,145 $ 785,152 -20- Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31, 2014 The following deposit is maintained in accordance with Renaissance Village's Neighborhood Stabilization Program loan. Operating reserve $ 350,000 Other deposits consist of mortgage escrows, security deposits and replacement reserves. 13. Internal Designations of Net Assets Ability Housing has internally designated a portion ofunrestricted net assets as follows: Agency operating reserves $ 637,505 CASA operating reserves 49,828 CASA replacement reserves 77,650 CASA wind storm reserve 25,000 Renaissance Village wind storm reserve 25,000 $ 814,983 14. Related Parties A Director of Ability I lousing is contracted to provide management and rehabilitation supervision to the CASA properties. All activities were done in conformance with IRS recommended Conflict of Interest policies for non-profit organizations. Base management fees paid were $32,100 and $30,900 for the years ended December 31, 2014 and 2013, respectively, Additional incentive lees and construction fees were also paid totaling $9,971 and $20,817 for the years ended December 31, 2014 and 2013, respectively. Ability blousing purchased the land for the Villages on Wiley development from this Director in 2014. All activities were done in conformance with IRS recommended Conflict of Interest policies for non-profit organizations. The land was purchased for $89,134. The appraised value was $285,000 resulting in a donation of $195,866. 15. Commitment and Continuencies The Affiliate's low income housing credits are contingent on its ability to maintain compliance with applicable sections of Section 42. Failure to comply with occupant eligibility, and/or unit. gross rent or to correct noncompliance within a specified time period could result in recapture of previously taken tax credits plus interest. In addition, such potential noncompliance may require an adjustment to the contributed capital by the investor member, 16. Current Vulnerabilily Due to Certain Concentrations Ability Mayfair and Ability Oakland's sole asset is their apartment complex. Their operations are concentrated in the multi -family real estate market. In addition, Ability Mayfair and Ability Oakland operate in a heavily regulated environment. The operations of Ability Mayfair and Ability -21- Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31 2014 Oakland are subject to the administrative directives, rules, and regulations of federal, state and local regulatory agencies. Such administrative directives, rules, and regulations are subject to change. Such changes may oce:ur with little notice or inadequate funding to pay for the related cost, including the additional administrative burden, to comply with a change. 17. Propgrt_v_Management Fees As indicated in Note 15, a Director of Ability I lousing has been contracted to provide management services of the CASA properties. Base management fees paid were $32,100 and $30,900 for the years ended December 31, 20 14 and 2013, respectively. Ability Ilousing has an agreement with an external management company to perform management services at Renaissance Village Apartments. The agreement is for twelve months and automatically renews unless terminated. 'rhe monthly management fee is the greater of4% per month of all gross income, not including interest or insurance proceeds, or $32.50 per unit, per month. Management fees paid were $20,280 and $18,320 for the periods ending; December 31, 2014 and 2013, respectively. Ability Mayfair II contracted with an external management company to perform management services. The management contract expires in 2015, but automatically renews unless terminated. 1-cos are paid at $32.50 per occupied unit. Total management Iecs paid were $32,370 and $33,910 for the years ended December 31, 2014 and 2013. Ability Oakland II contracted with an external management company to perform management services at 4.475% of rent and related income. The management contract expires in 2015, but automatically renews unless terminated. Management fees paid were $27,538 and S12,444 for the periods ended October 31, 2014 and 2013, respectively. 18. Prior Period Correction Clarity issues resulted in the omission of debt forgiveness of the City of Jacksonville SHIP and HOME loans of Ability I lousing of Northeast Florida, Inc. for the period ending Decembor 31, 2013. The applicable statements have been restated to reflect the correction of this error. The net effect on income f'or the prior period was $159,250. The $159,250 is also reflected in the 2013 balance Sheet as a reduction in liabilities and increase in equity. - 22 - SUPPLEMENTARY INFORMATION Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Consolidating Statement of Financial Position ❑ecember 31, 2014 Assets Cash and cash equivalents Investments Grants receivable Other receivables Deposits Construction in process Prepaid expenses Organizational costs, net of accumulated amortization of $4,278 Property and equipment, net of accumulated depreciation of $3.052,014 Total assets Ability Housing Ability- Ability of Northeast Mayfair 11, Oakland 11. Florida, Inc. LLC LLC Eliminations Combined Totals $ 1.238,452 $ 77,41I $ 76,478 $ - $ 1,392.341 1,057,668 - - - 1,057,668 55,829 - - - 55,829 2,481,803 15,805 10,042 (2,405,706) 101,94.4 460,294 951,287 59,170 - 1,470.751 760,208 - - 760,208 23.411 25,179 26,710 - 75,300 - 50.722 50,722 8,388,229 11,592,246 9,071,985 (2,979,177) 26,073,283 $ 14.465.894 $ 12,661,928 $ 9,295,107 $ (52384,883) $ 31,038,046 - 23 - Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Consolidating Statement of Financial Position December 31, 2014 Liabilities and net assets Accounts payable Accrued expenses Deferred income Related party payables Security deposits Current portion of long -terra debt Long-term debt Total liabilities Unrestricted net assets Temporarily restricted net assets Total net assets Total Iiabilities and net assets Ability Housing Ability of Northeast Mayfair 11, Florida. Inc. LLC 38,371 $ 10,464 21,145 - 815 8,284 - 150,860 37,139 29,792 176,693 165.750 9,211,557 6,168,918 9.485.720 6,534,068 4,915.174 6,127,860 65,000 - 4,980,174 $ 14,465,894 -24- Ability Oakland II, LLC Eliminations Combined Totals 33,677 $ - 151,891 (107,308) 1,285 - 682,480 (833,340) 11,328 - 3,266,138 - 1,118,142 (1,465.058) 5,264,94I (2,405,706) 4,030,166 (2,979,177) $ 82,512 65,728 10,384 78,259 3,608,581 15,033,559 18,879,023 12,094,023 65,000 6,127,860 4,030,166 (2,979,177) 12,159,023 $ 12,661,928 $ 9,295,107 $ (5,384,883) $ 31,038,046 Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Consolidating Statement of Activities Year ended December 31, 2014 Revenues and support Program income Contributions Grants Other Total revenues and support Expenses Increase (decrease) in unrestricted net assets Change in temporarily restricted net assets Grant Increase (decrease) in net assets Capital Contributions Net assets - beginning of period Net assets - end of period Ability Housing Ability Ability of Northeast Mayfair II, Oakland 11. Florida, Inc. LLC LLC Eliminations Combined Totals $ 1,451,197 $ 495A33 $ 559,552 $ (787,477) $ 1,718,705 501,340 - - - 501,340 548,392 - - - 548,392 131,349 169,881 6 (64,532) 236,704 2,632,278 665,314 559,558 (852,009) 3,005,141 1,920,190 736,233 860,914 (134,110) 3,383,227 712,088 (70.919) (301,356) (717,899) (378,086) 57,000 - - - 65,000 777,088 (70,919) (301,356) (717.899) (313,086) - - 1,654,742 - 1,654,742 4,203,086 6,198,779 2,676,780 (2,261,278) 10,817,367 $ 4,980,174 $ 6,127,860 $ 4,030,166 $ (2X9,177) $ 12,159,023 Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Consolidating Statement of Functional Expenses Year ended December 31, 2014 Ability Housing Ability Ability of Northeast Mayfair 11, Oakland IL Florida, Inc. LLC LLC Eliminations Combined Totals Salaries and wages $ 555,767 $ 58,471 $ 70,439 $ - $ 684,677 Payroll taxes 45,407 5,204 6,502 - 57,113 Employee benefits 53,355 11,458 10,200 - 75.013 654.529 75,133 87,141 816,803 Direct program expenditures 409,846 - - - 409,846 Telephone and utilities 71,771 107,674 92,194 - 271.639 Professional services 150.873 45,269 42,694 - 238,836 Repairs and maintenance 90,498 54,912 85,034 - 230,444 Interest 12,535 4,210 173,623 (71,532) 118,836 Insurance - general 45,146 20,386 43,837 - 109,369 Memberships, meeting, and training 58,746 20,060 21,466 - 100,272 Taxes and licenses 19,881 35,469 31,102 - 86,452 Office expense 18,478 16,324 22,375 - 57.177 Bad debts 23,284 14,490 2,149 - 39,923 Rent 34,450 - - - 34,450 Marketing 22,763 365 325 - 23,453 Insurance - worker's compensation 6,031 3,025 4,348 - 13A04 Tenant relocation - - 4,720 4,720 Postage 2,385 1,261 - - 3,646 Miscellaneous expense 34,836 823 - - 35,659 I,656,052 399,401 611,008 (71,532) 2,594,929 Depreciation and amortization 264,138 336,832 249,906 (62,578) 788.298 Total expenses $ 1.920,190 $ 736,233 860,914 $ (134,110) $ 3,383,227 -26- Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit ❑rganization) Consolidating Statement of Cash Flows Year ended December 31. 2014 Cash flows from operating activities Change in unrestricted net assets Depreciation and amortization Realized loss on sale ❑f investments Unrealized gain on investments Debt forgiveness Decrease (increase) in grants and other receivables Decrease (increase) in prepaid expenses Increase (decrease) in accounts payable and accrued expenses Increase (decrease) deferred revenue Increase (decrease) due t❑ affiliate Net cash provided (used) by operating activities Cash flows from investing activities Proceeds from sale ❑f investments Purchase of investments and fees Decrease (increase) in deposits Decrease (increase) in construction in process Capital expenditures Increase (decrease) in security deposits Net cash provided (used) by investing activities Ability Housing Ability of Northeast Mayfair II, Fiorida, Inc. LLC Eliminations Combined Totals $ 777,088 $ (70,919) $ (301,356) $ (717,899) $ (313,086) Ability Oakland 11, LLC 264,I38 336,832 249,905 (62,577) 788,298 2,751 - - - 2,751 (74,307) - - - (74,307) (128.180) (165,750) - - (293,930) (601,961) (5,323) 493 643,636 36,845 (8,908) (410) (19,447) - (28,765) 28,509 464 43,086 (675,727) (603,668) - 6,496 392 (1,271) 5,617 - (20,142) - 20.142 - 259,I30 81,248 (26,927) (793,696) (480,245) 395,693 - - - 395,693 (361.817) - - - (361,817) (33.861) (31,474) (44,282) - (109.617) (685,781) - 1,731,433 (91,778) 953,874 (20,974) - (4,891,394) 885,474 (4,026,894) (2,000) 4,259 1,611 - 3,870 (708,740) (27.2I5) (3,202,632) 793,696 (3,144,891) 27 - Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Consolidating Statement ❑f Cash Flows Year ended December 31, 2014 Cash flows from financing activities Capital contributions Proceeds from long-term debt Repayments of long-term debt Net cash provided (used) by financing activities Increase (decrease) in cash and cash equivalents Cash and cash equivalents - beginning of period Cash and cash equivalents - end of period Supplemental disclosures: Interest paid Income taxes paid Ability Housing Ability Ability of Northeast Mayfair 11, Oakland 11, Florida, Inc. LLC LLC Eliminations Combined Totals - - 1,654,742 - 1,654,742 449,709 - 510,204 - 959,913 (40,422) - - - (40,422) 409,287 - 2,164,946 - 2,574,233 (40,323) 54,033 (1,064,613) - (1,030,903) 1,278,775 23,378 1,141,091 - 2,443,244 $ 1,238,452 $ 77,411 $ 76,478 $ - $ 1,392,341 $ 14,310 $ - $ 91,431 $ - S 105,741 NIA NIA NIA NIA NIA RALSTON & COMPANY, P.A. CERTIFIED PUBLIC ACCOUNTANTS B777 SAN JOSE 80Ul.EVA.RD. SUITE eoc JACKSONVILLE, rLORIDA 32217•4213 R, yRUCE $HEALY MICHAEL P RiTp11 KEVIN M I'gIT2 JON E (aiRNAIRF 110eEgT I. RALs rot, Ilezl mlo] [IEftIF J NII tMANI, in IRETIRED) TFt EPHONI: {apa) 730-U440 FAM 19041 T30-6903 EMAIL cpaodralatpneo,Ggm INDEPENDENT AUDITORS' REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF CONSOLIDATED FINANCIAL, STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT A UD17'iNG STANDARDS To the Board of Directors Ability Housing of Northeast Florida, Inc. and Affiliates Jacksonville, Florida We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standarrly issued by the Comptroller General of the United States, the consolidated financial statements of Ability Housing of Northeast Florida, Inc, and Affiliates, which comprise the statements of financial position as of December 31, 2014 and 2013, and the related statements of activities, and cash flows for the years then ended, and the related notes to the financial statements, and have issued our report thereon dated May 7, 2015. Internal Control Over Financial Reporting In planning and performing our audits of the financial statements, we considered Ability Housing of Northeast Florida, Inc. and Affiliates' internal control over financial reporting (internal control) to determine the audit procedures that are appropriate in the circumstances for the purpose of expressing our opinion on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of Ability Housing of Northeast Florida, Inc. and Affiliates' internal control. Accordingly, we do not express an opinion on the effectiveness of Ability Housing of Northeast Florida, Inc. and Affliliates' internal control. A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect and correct, misstatements on a timely basis, A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity's financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or combination of deficiencies, in internal control that is less severe than a material weakness, yet important cnough to merit attention by those charged with governance, Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies. Given these limitations, during our audits we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified. Compliance and Other Matters As part of obtait-ting reasonable assurance about whether Ability Housing of Northeast Florida, Inc. and Affiliates' financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and material affect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audits, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards. Purpose of this Report The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the entity's internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing- Standards in considering the entity's internal control and compliance. Accordingly, this communication is not suitable for any other purpose. May 7, 201 s Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Jacksonville, Florida Consolidated Financial Statements and Supplemental Information December 31, 2015 and 2014 Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Table of Contents _ Pale Independent Auditors' Report on Basic Financial Statements 1 and Supplementary information Financial Statements Consolidated Statements of Financial Position 3 Consolidated Statements of Activities 4 Consolidated Statements of Functional Expenses 5 Consolidated Statements of Cash Flows 7 Notes to Consolidated Financial Statements 9 Other Reports and Supplementary Information Schedule of Expenditures of Federal Awards, State Financial Assistance and Other Awards 24 Schedule of Findings and Questioned Costs - Federal Programs 26 Consolidating Statement of Financial Position 27 Consolidating Statement of Activities Consolidating Statement of Functional Expenses 29 30 Consolidating Statement of Cash Flows 31 Independent Auditors' Report on Internal Control Over Financial Reporting and on Compliance and Other Matters Based on an Audit of Consolidated Financial Statements Performed in Accordance with Government Auditing; Standards 33 Independent Auditors' Report on Compliance for Each Major Program and on Internal Control Over Compliance Required by the Uniform Guidance 35 R. BRUCE BHEALY MICHAEL R. R1701q KEVIN M. FRITZ JON E. OORNAIRE RALSTON & iCOMPANY, P.A. CERTIFIFD PuEILIC IrCCOUNTANTA s7 )7 $AN J05E BOULEVARD, SLATE Goo JACKSONVILLE. FLORIDA 3CE17.4213 INDEPENDENT AUDITORS' REPORT To the Board of Directors Ability Housing of Northeast Florida, Inc. and Affiliates Jacksonville, Florida Report on the Financial Statements 900EI4T E. RALBTON SORT J. PITTMAN, JR (RETIRED) TELEPHONE (904) 730-0440 FAX (Q04I 700-0990 EMAIL 0ps99fa18t0nQQ.44fn We have audited the accompanying consolidated financial statements of Ability Housing of Northeast Florida, Inc, and Affiliates, which comprise the statements of financial position as of December 31, 2015 and 2014, and the related consolidated statements of activities, functional expenses, and cash flows for the years then ended, and the related notes to the financial statements. Management's Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. Auditor's Responsibility Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statemc-mts. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Opinion In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Ability Housing of Northeast Florida, Inc, and Affiliates as of December 31, 2015 and 2014, and the changes in its net assets and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America. Other Matters Other Information Our audit was conducted for the purpose of forming an opinion on the financial statements as a whole. The accompanying Schedule of Expenditures of Federal Awards, State Financial Assistance and Other Awards; and Schedule of Findings and Questioned Costs, is presented for purposes of additional analysis or as required by U.S. Office of Management and Budget Circular A-133, Audits of States, Local Governments, and Non -Profit Organizations, is not a required part of the financial statements. Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the financial statements. The information has been subjected to the auditing procedures applied in the audit of the financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the financial statements or to the financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the information is fairly stated, in all material respects, in relation to the financial statements as a whole. Other Reporting Required by Government Auditing Standards I:n accordance with Government Auditing Standards, we have also issued our report dated June 22, 2016, on our consideration of Ability Housing of Northeast Florida, Inc. and Affiliates' internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters. The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering Ability Housing of Northeast Florida, Inc. and affiliates' intemal control over financial reporting and compliance. P I- tf June 22, 2016 Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Consolidated Statements of Financial Position December 31. 2015 and 2014 Cash and cash equivalents Investments Grants receivable Other receivables Deposits Construction in process Prepaid expenses Organizational costs, net of accumulated amortization of $10,848 and $4,278 Property and equipment, net of accumulated depreciation of $3,977,699 and $3,052,014 Total assets ASSETS 2015 2014 $ 1,806,947 $1,392,341 1,054,123 1,057,668 242,998 55,829 1,060,207 101,944 2,325,225 1,470,751 14,604 760,208 82,501 75,300 106,079 50,722 30,124, I01 26,073,283 $ 36,816,785 LIABILITIES AND NET ASSETS Accounts payable Accrued expenses Deferred revenue Security deposits Current portion of long-term debt Long-term debt Total liabilities Net assets Controlling interest net assets unrestricted - internally designated Controlling interest net assets unrestricted - nondesignated Noncontrolling interest net assets unrestricted [Unrestricted net assets Temporarily restricted net assets Total net assets Total liabilities and net assets 2015 $ 273,346 53,211 8,084 100,978 538,540 21,330,905 22,305,064 814,983 1,811,498 11,885,240 14,511,72I $ 31,038,046 20A $82,512 65,729 10,384 78,259 3,608,581 15,033,559 18,879,023 814,983 1,138,239 10,140,801 12,094,023 65,000 14, 511,721 12,159,023 $ 36,816,785 $ 31,038,046 See accompanying notes to consolidated financial statements. -3- Ability Mousing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Consolidated Statements of Activities For the years ended December 31, 2015 and 2014 Changes in unrestricted net assets: Contributions, grants and revenues Program income Contributions Grants - governmental Grants - other Debt forgiveness Other income Total contributions, grants and revenues Net assets released from restrictions Satisfaction of donor restrictions Expenses Program services Management and general Fundraising Total expenses Change in unrestricted net assets Change in temporarily restricted net assets Grant Increase (decrease) in net assets Capital contributions Consolidated net assets, beginning of year Consolidated net assets, end of year Noncontrolling interest in subsidiary, beginning of year Noncontrolling interest in subsidiaries' loss Noncontrolling interest contribution Controlling interest net assets, end of year 2015 2014 $ 2,471,767 77,143 1,097,414 806,610 302,868 (10,190) 4,745,612 65,000 4,810,612 4,222,703 184,873 84,825 4,492,401 318,211 (65,000) 253,211 2,099,487 $1,718,705 298,340 439,539 203,000 293,930 51,627 3,005,141 3,005,141 3,136,642 171,713 74,872 3,383,227 (378,086) 65,000 (313,086) 1,654,742 12,159,023 10,81.7,367 14,51 1,721 12,159,023 (1 0,140,801) (8,795,890) 354,838 309,666 (2,099,277) (1,654,577) h 2,626,481 $ 2,018,222 See accompanying notes to consolidated financial statements. -4- Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Consolidated Statement of Functional Expenses For the year ended December 31, 2015 Salaries and wages Payroll taxes Employee benefits Direct program expenditures Repairs and maintenance Telephone and utilities Professional services Insurance - general Interest Taxes and licenses Office expense Memberships, meetings, and training Bad debts Rent Marketing Insurance - workers' compensation Postage Miscellaneous expense Depreciation and amortization Total expenses Program Services Supporting Services Management and General Fundraising Tntn I $ 704,246 $ 68,412 S 32,194 $ 804,852 58,178 5,650 2,659 66,487 69,494 6,751 3,177 79,422 831,918 80,813 38,030 950,761 1,191,270 - - 1,191,270 3.17,803 - 317,803 280,250 8,440 - 288,690 204,063 39,243 18,313 261,619 119,178 13,242 132,420 126,912 ' - 126,912 94,487 - - 94,487 64,333 16,083 - 80,416 57,392 14,348 _ 71,740 44,229 - - 44,229 25,366 6,341 - 31,707 - - 26,466 26,466 17,668 1,963 - 19,631 883 725 2,016 3,624 14,699 3,675 - 18,374 3,390,451 832,252 184,873 84,825 3,660,149 - - 832,252 $ 4,222,703 $ 184,873 $ 84,825 $ 4,492,401 See accompanying notes to consolidated financial statements. -5- Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Consolidated Statement of Functional Expenses For the year ended December 31, 2014 Salaries and wages Payroll taxes Employee benefits Direct program expenditures Telephone and utilities Professional services Repairs and maintenance Interest Insurance - general Memberships, meetings, and training Taxes and licenses Office expense Bad debts Rent Marketing Insurance - workers' compensation Tenant relocation Postage Miscellaneous expense Depreciation and amortization Total expenses Program Services Supporting Services Management and General Fundraising TntA I $ 599,092 $ 58,198 $ 27,387 $684,677 49,974 4,855 2,284 57,113 65,636 6,376 3,001 75,013 714,702 69,429 32,672 816,803 409,846 - - 409,846 263,697 7,942 - 2.71,639 186,292 35,825 16,719 239,836 230,444 - - 230,444 118,836 - - 118,836 98,432 10,937 - 109,369 80,218 20,054 - 100,272 86,452 - - 86,452 67,284 16,821 - 84,105 39,923 µ - 39,923 27,560 6,890 - 34,450 - - 23,453 23,453 12,064 1,340 - 13,404 4,720 - - 4,720 989 729 2,029 3,646 6,985 1,746 - 8,731 2,348,344 171,713 74,872 2,594,929 788,298 - - 788,298 3,136,642 $ 171,713 $ 74,872 $3,383,227 See accompanying notes to consolidated financial statements. -6- Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Consolidated Statements of Cash Flows For the years ended December 31, 2015 and 2014 Cash flows from operating activities Change in unrestricted net assets Adjustments to reconcile change in unrestricted net assets to net cash used by operating activities Depreciation and amortization Realized (gain) loss on sale of investments Unrealized gain on investments Debt forgiveness (increase) decrease in: Grants and other receivables Prepaid expenses Increase (decrease) in: Accounts payable and accrued expenses Deferred revenue Net cash used by operating activities Cash flows from investing activities Proceeds from, sale of investments Purchase of investments and fees Increase in deposits Decrease in construction in process Capital expenditures Increase in security deposits Net cash used by investing activities Cash flows from financing activities Purchase of organizational costs Capital contribution Proceeds from long-term debt Repayments of long-term debt Net cash provided by financing activities Increase (decrease) its cash Cash and cash equivalents - beginning of year Cash and cash equivalents - end of year 2015 $ 253,211 832,252 (2,259) (36,266) (304,131) (1,145,431) (7,202) 2014 $ (313,086) 788,298 2,751 (74,307) (293,930) 36,845 (28,765) 178,317 (603,669) (2,299) 5,617 (233,808) (480,245) 187,995 395,693 (145,925) (361,817) (854,474) (109,617) 745,604 953,874 (4,876,500) (4,026,894) 22,719 3,870 (4,920,581) (3,144,891) (61,926) - 2,099,487 1,654,742 6,870,304 959,913 (3,338,870) (40,422) 5,568,995 2,574,233 414,606 (1,050,903) 1,392,341 2,443,244 $ 1,806,947 $ 1,392,341 See accompanying notes to consolidated financial statements. � 7 - Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Consolidated Statements of Cash Flows For the years ended December 31, 2015 and 2014 Supplemental Disclosures Cash paid for interest Cash paid for income taxes 2015 2014 $ 149,110 $ 105,741 NIA NIA See accompanying notes to consolidated financial statements. -8- Agility Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31, 2015 and 2014 1. Granization Ability Housing of Northeast Florida, Inc. is a tax-exempt, 501(c)(3) non-profit organization incorporated in the State of Florida in 1992 (then named Grove House of Jacksonville, Inc.). In 2004, Ability Housing revised its mission and focus from that of service organization interested in affordable housing to that of an organization dedicated solely to the development and operation of quality, affordable housing. In 2015, at the request of the community, Ability Dousing expanded to also serve Central Florida. Because of this expansion, in 2016 the organization changed its name to Ability Housing, Inc, The mission of Ability Housing is to provide quality, affordable, community inclusive housing for individuals and families experiencing or at risk of homelessness and adults with a disability. The foundation of this mission is not the housing created but the residents of the housing and their neighborhoods. The output is housing units, the outcomes are an improved quality of life for each resident and the community. To fulfill its mission, Ability Housing develops and operates quality rental housing and coordinates supportive services for tenants through four distinct programs: CASA is a scattered -site project consisting of 29 single-family and multi -family homes dispersed throughout Jacksonville, Florida. CASA utilizes a shared -housing model which is designed specifically for adults with disabilities wishing to live independently with roommates. The 29 homes provide housing to 60 or more adults with a disability, the majority of which are developmental. The Villages Program consists of quality, multi -family, rental properties targeted to formerly homeless, very low and extremely low income individuals and families. Villages is dedicated to fostering the dignity, increased independence and self-sufficiency of all of its residents. Individualized support services are offered to all residents to allow them to maintain their housing and access community -based services. Through Continuum of Care grants some units are targeted to individuals and families that have been chronically homeless. Villages currently consists of four properties in Duval County; and two others in Orange County in pre -development. Mayfair Village Apartments is an 83-unit apartment complex located on Jacksonville's Southside,. 42 units are reserved for Extremely Low Income (earning less than 30% of Area Median Income ("AMI") households and 41 units are restricted to Very Low Income (earning less than 50% ofAMI) households. Of the total households, 42 are restricted to homeless individuals and families. Mayfair Village is owned by Ability Mayfair 11, LLC, Ability Housing is 0.01% owner of Ability Mayfair 11, LLC and is the managing member and exercises effective control. Accordingly, the LLC is a consolidating organization. Mayfair Village Apartments was acquired and rehabilitated utilizing Low Income Housing Tax Credit equity, a Tax Credit Exchange program forgivable loan, a HOME Investment Partnership Program loan and a Homeless Housing Assistance Grant. Renaissance Village Apartments is a 52-unit apartment complex located in Jacksonville's Longbranch community. All units are restricted to serving persons who are homeless or at -risk households and earth 35% or less of A.M1. Renaissance Village was acquired from Florida Housing Finance Corporation and rehabilitated utilizing a Neighborhood Stabilization Program forgivable loan from the City of Jacksonville. -9- Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31, 201 Sand 2014 Oakland Terrace Apartments is a 60-unit apartment complex located on Jacksonville's Eastside with a Section S Housing Assistance Payments agreement with the U.S. Department of Housing and Urban Development; a significant portion of the property's rental income is received from HUD. 48 units are restricted to households earning 60% of AMI and 12 units are restricted to those at 30% of AMI, 6 of which are set aside for special needs households. Ability Housing has instituted a preference for all unit turn -over to be targeted to homeless families. Oakland Terrace is owned by Ability Oakland 11, LLC, Ability Housing is 0.01% owner of Ability Oakland 11, LLC and is the managing member and exercises effective control. Accordingly, the LLC is a consolidating organization. Oakland Terrace was acquired and rehabilitated utilizing Low Income Housing Tax Credit equity, HUD Mortgage Restructuring and Contingent Repayment Mortgages, and conventional debt. Ability Oakland II, LLC has a fiscal year-end of October 31. The October 31, 2015 information is reflected in these financial statements. Village on Wiley is a 43-unit new construction project, completed in 2015, targeted to high utilizers of crisis services, the majority of whom have been chronically homeless. 13 units are reserved for households earning 33°% or less of AMI, the remaining 30 units target households earning 50% or less of AMI. Village on Wiley is being financed by a loan forgivable from Florida Housing Finance Corporation, HousingLink serves persons that have been chronically homeless, or residents have a disability and have experienced long-term or repeated episodes of homelessness. Ability Housing provides rental assistance which gives individuals the opportunity to afford housing in the community; and contracts with area service providers to ensure each resident is provided voluntary, individualized case management services s❑ that the household may retain their housing and increase their self- sufficiency. The Resident Enrichment program ensures that Ability Housing's residents have the supports and enrichment opportunities they need to enhance their lives. Ability Housing contracts with nonprofits in the community to provide voluntary, individualized case management services, as well as workshops and trainings for all residents. It also has a staff person dedicated to helping residents engage in the community and support community initiatives. 2. Surnmary of Significant Accounting Policies Basis of Accounting The financial statements of Ability Housing have been prepared on the accrual basis of accounting and accordingly reflect all significant receivables, payables, and other liabilities. Basis of Presentation The financial statements include the accounts of Ability Housing of Northeast Florida, Inc., Ability Mayfair II, LLC, and Ability Oakland II, LLC presented on a consolidated basis. All significant inter -company balances and transactions have been eliminated. Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates. EM Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31, 2015 and 2014 Investments Investments are carried at fair value and any gain or loss from mark -to market accounting valuations will be recorded as an unrealized gain or loss in the Consolidated Statements of Activities. Realized gains and losses are recorded as of the trade date. Accounts Receivable Grants, contracts and other accounts receivable are stated at the amount management expects to collect from outstanding balances. If amounts become uncolIectible, they will be charged to the program when the determination is made. At December 31, 2015 and 2014, there was no allowance for doubtful accounts. Construction in Process Construction in process is stated at cost. Organizational Costs Organizational costs incurred in the establishment of Ability Oakland II, LLC totaled $55,000. Those costs are being amortized over a 15 year period. Amortization expense for the period ended October 31, 2015 and 2014 was $3,667, respectively. Accumulated amortization at October 31, 2015 and 2014 was $7,946 and $4,278, respectively. An additional $61,92.6 was incurred in permanent financing costs in 2015 and are being amortized over a 16 year period. Amortization expense for the period ending October 31, 2015 was $2,903. Property and Equipment Property and equipment are stated at cost. Donated assets are recorded at fair value. Depreciation is computed using the straight-line and accelerated methods over the estimated useful lives of the individual assets, ranging from 5 to 40 years. Improvements are capitalized, while expenditures for maintenance and repairs are charged to expense as incurred. Notes Payable Notes payable are recorded at their outstanding principal amounts, Income Taxes Ability Housing is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code as confirmed in an exemption letter dated July 31, 1992. Ability Mayfair 11, LLC and Ability Oakland II, LLC have no provision or liability for income taxes because members are taxed individually on their proportionate share of the Organization's income. Each file a profit based partnership tax return. Ability Housing of Northeast Florida, Inc. and Affiliates follow the provisions of FASB ASC 740- 10-25. Under FASB ASC 740-10-25, an organization must recognize the tax benefit associated with tax taken for tax return purposes when it is more likely than not the position will be sustained. The implementation of FASB ASC 740-10-25 had no impact on Ability Housing of Northeast Florida, Inc. and Affiliates' financial statements. Ability Housing of Northeast Florida, Inc. and Affiliates does not believe there are any material uncertain tax positions and accordingly, it will not recognize any liability for unrecognized tax benefits. For the years ended December 31, 2015 and 2014, there were no interest or penalties recorded or included in its financial statements. Ability Mousing of Northeast Florida, Inc. and Affiliates is no longer subject to U.S. federal income tax examinations by the tax authorities for the year December 31, 2012 and earlier. Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31, 2015 and 2014 Functional Expenses The costs of providing programs have been summarized on a functional basis in the Statements of Functional Expenses. Rental Income Rental income is recognized as rents become due. Mental payments received in advance are deferred until earned. All leases between the Organization and the tenants of the property are operating leases. For the period ended October 31, 2015 and 2014, Ability Oakland H, LLC received $491,760 and $509,598 HUD Section 8 subsidies. For the years ended December 31, 2015 and 2014, Ability Mayfair 11, LLC received subsidies from several sources totaling $201,263 and $199,504, respectively. For the years ended December 31, 2015 and 2014, Renaissance Village received subsidies from several sources totaling $79,348 and $88,906, respectively. For the year ended December 31, 2015, Village on Wiley received subsidies from several sources totaling $96,134. Cash and Cash Equivalents Ability Housing considers all highly liquid debt instruments with original maturities of three months or less to be cash equivalents. All certificates of deposit are considered cash. Contributions Financial statement presentation also follows the recommendations of ASC 958-205 "Accounting for Contributions Received and Contributions Made". In accordance with ASC 958-205, contributions received are recorded as unrestricted, temporarily restricted, or permanently restricted support depending on the existence and/or nature of any donor restrictions. Contributions that are restricted by the donor are reported as increases in unrestricted net assets if the restrictions expire in the fiscal year in which the contributions are recognized. All other donor -restricted contributions are reported as increases in temporarily or permanently restricted net assets depending on the nature of the restrictions. When a restriction expires, temporarily restricted net assets are reclassified to unrestricted net assets, Donated Materials, Long. -lived Assets. Facilities & Services Donated materials are recorded as contributions at their estimated fair value at the date of donation. Long-lived assets or the use of facilities are recorded as contributions in the period received at fair value. Contributions of services are recognized in the financial statements if the services enhance or create nonfinancial assets or require specialized skills and are provided by individuals possessing those skills. Impairment of Long -Lived Assets Ability Housing reviews its long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying value may not be recoverable. Recoverability is measured by a comparison of the carrying amount to the future net undiscounted cash flow expected to be generated and any estimated proceeds from the eventual disposition. If the long-lived asset is considered to be impaired, the impairment to be recognized is measured at the amount by which the carrying amount exceeds the fair value as determined from an appraisal, discounted cash flows analysis, or other valuation technique. No impairment losses were recognized in the years ended December 31, 2015 and 2014. -12- Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31, 2015 and 2014 Subsequent Events Management has evaluated subsequent events through June 22, 2016, the date on which the financial statements were available to be issued. 3. Fair Value Measurements Ability Housing's investments are reported at fair value in the accompanying Statements of Financial Position. The methods used to measure fair value may produce an amount that may not be indicative of net realizable value or reflective of future fair values. Furthermore, although Ability Housing believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date. Significant Significant Quoted Prices in Other Other Active Market for Observable Unobservable Fair identical Assets Inputs Inputs Value veil ve12 (Level 3 December 31, 2015 Equity mutual funds $ 621,394 $ - $ 621,384 S - Fixed income mutual finds 328,416 328,416 - Hedge mutual funds 52,498 52,498 Real estate investment trusts 51,825 51,825 $ 1,054,123 $ - $ 1,054,123 $ - Significant Significant Quoted Prices in Other Other Active Market for Observable Unobservable Fair Identical Assets Inputs Inputs Value(Level l(Level 2(Level 3 December 31, 2014 Equity mutual funds $ 580,721 $ - 580,721 $ - Fixed income mutual funds 338,884 338,884 - Hedge mutual funds 85,280 85,280 Real estate investment trusts 52,783 52,783 $ 1,057,668 $ - $ 1,057,668 $ - The fair value measurement accounting literature establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. This hierarchy consists of three broad levels: Level I inputs consist of unadjusted quoted prices in active markets for identical assets and have the highest priority, Level 2 inputs consist of observable inputs other than quoted prices for identical assets, and Level 3 inputs have the lowest priority. Ability Housing uses appropriate -13- Ability Housing of Northeast Florida, Inc, and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31, 2015 and 2014 valuation techniques based on the available inputs to measure the fair value of its investments. When available, Ability Housing measures fair value using Level 1 inputs because they generally provide the most reliable evidence of fair value. Level 3 inputs are used only when Level 1 or Level 2 inputs are not available. Level 1 Farr Value Measurements The fair values of common stocks, certain corporate bonds, and U.S. government securities are based on the closing price reported in the active market where the individual securities are traded, when available. Level 2 Farr Value Measurements The fair value of certain corporate bonds for which quoted market price are not available are valued based on yields currently available on comparable securities of issuers with similar credit ratings. Investments in certain restricted common stocks are valued at the quoted market price of the issuer's unrestricted common stock less an appropriate discount. The fair value of the certificates of deposit is based on amortized cost or original cost plus accrued interest. Level 3 Fair Value Measurements Investments not actively traded and significant other observable inputs are not available. Thus, the fair value is determined by discounting the related cash flows based on current yields of similar instruments with comparable durations considering the credit -worthiness of the issuer. 4._Investments Investments are comprised of the following: December 31, 2015 Equity mutual funds Fixed income mutual funds Hedge mutual funds Real estate investment trusts - l4- Cross Unrealized hair Cost Gain loss Value $ 571,172 $ 50,212 $ 621,384 342,866 (14,450) 328,416 54,370 (1,872) 52,498 47,758 4,067 51,825 S 1,016J 66 $ 37,957 $ 1,054,123 Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31, 2015 and 2014 Realized gains and losses of sales of mutual funds for the year ended December 31, 2015 were: Gross proceeds $ 187,995 Realized losses 5,109 Realized gains $ 2,850 Investments are comprised of the following: Gross December 31, 2014 Unrealized Fair Cost. Gain loss Value Equity mutual funds $ 498,730 $ 81,991 $ 580,721 Fixed income mutual funds 346,436 (7,552) 338,894 Hedge mutual funds 89,972 (4,692) 85,280 Real estate investment trusts 48,223 4,560 52,783 _ $ 983,361^ $ 74,307 $ 1,057,668 Realized gains and losses of sales of mutual funds for the year ended December 31, 2014 were: Gross proceeds Realized gains Realized losses $ -395,693 2,223 mm $ 4,974 Dividends and interest income totaled $30,133 and $29,982 for the year ended December 31, 2015 and 2014. Fees paid were $11,718 and $11,462 for the years ended December 31, 2015 and 2014. 5. Construction in Process Construction in process at December 31, 2015 and 2014 consisted of: Village on Wiley Other 2015 2014 $ - $ 665,369 14,604 94,839 $ 14,604 $ 760,208 -15- Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31, 2015 and 2014 6. Property and Equipment A summary of property and equipment is as follows: 2015 2014 Ability Housing - Administration Equipment $ 65,455 $ 63,318 Accumulated depreciation (47,257) 39,479) $ 18,198 $ 23,839 Ability Housing - CASA Scattered Sites Land $ 310,062 $ 310,062 Buildings and improvements 3,237,661 3,237,661 Accumulated depreciation (967,289) (873,864) $ 2,580,434 $ 2,673,859 Ability Housing - Renaissance Village Land $ 110,000 $ 110,000 Buildings and improvements 5,961,423 5,961,423 Accumulated depreciation (538,503) (380,892) $ 5,532,920 $ 5,690,531 Ability Housing - Village on Wiley Land $ 285,000 $ - Buildings and improvements 4,422,765 - Equipment 110,599 - Accumulated depreciation (60,283) - $ 4,758,081 $ - Ability Mayfair 11(as consolidated) Land $ 265,000 $ 265,000 Buildings and improvements 12,317,570 12,317,570 Equipment 111,302 111,302 Accumulated depreciation (1,883,002) (1,566,930) 10,8107870 $ 11,126,942 ,Ability Oakland 11(as consolidated) Land $ 230,000 $ 230,000 Buildings and improvements 6,425,105 6,369,103 Equipment 149,858 149,958 Accumulated depreciation (381,365) (190,849) $ 6,423,598 $ 6,558,112. Ability Housing of Northeast Florida, Inc. and Affiliates (a nonprofit organization) Notes to the Consolidated Financial Statements December 31, 2015 and 2014 7. Long -terra Debt Ability Housing had the following long-term debt at December 31, 2015 and 2014: 2015 2014 Mortgage payable from Florida Housing Finance Corporation. No interest. Collateral is specific real property and rent assignment. Annual principal payments of $8,400 begin December 2022 with a maturity balloon in December 2037. $ 252,000 $ 252,000 Mortgage payable from Florida Housing Finance Corporation. No interest. Collateral is specific real property. Annual principal payments of $8,400 begin March 2023 with a maturity balloon in March 2038. 252,000 252,000 Mortgages payable to the City of Jacksonville. $100,000 was obtained as a SHIP grant. $296,130 was obtained as a HOME grant. No interest. Collateral is specific real properties. Due dates are 2016-2027. The mortgages will be forgiven at the end of a 10-20 year period if all agreement requirements are met. 396,130 396,130 Various mortgages payable, in aggregate monthly installments of $3,166. Bearing interest ranging from 6.0% to 6.25% at December .31, 2014. Matures between 2019 and 2020. Secured by real estate. 217,146 240,769 Loan from Federal Home Loan Bank of Atlanta in the amount of $400,000. No interest due. Matures 2026. The mortgage will be forgiven if all agreement requirements are met. The funds were used for rehabilitation of CASA homes. 400,000 400,000 Promissory notes from Florida Housing Finance Corporation totaling $5,975,000, with interest at zero percent, and principal nonamortizing. These notes are subject to a construction agreement and provide for a twenty year, permanent loan period, maturing December 2034. The mortgage note will be forgiven at a rate of five percent on each anniversary date of the date the development was placed in service (November 2015); if all agreement requirements are met. Construction for Village on Wiley was completed in 2015. 5,066,603 449,709 Renaissance Village construction contract from the City of Jacksonville. $6,606,000 was the total available. Final balance drawn was $6,421,423. Collateralized by specific real property. Interest at zero percent. The note will be forgiven in 2052 if the property remains affordable housing. 6,421,423 6,421,423 - 17- Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31, 2015 and 2014 Twelve mortgages from Florida Housing finance Corporation, all are no interest mortgages. Ten mortgages payable in total of $16,652 annually. Matures 2034. Two mortgages payable in installments of $4,200 beginning in 2021. Matures 2036. 442,414 459,066 $447,240 obtained on various dates beginning in 1999 from the Jacksonville Housing Commission as a HOME Grant. Grant proceeds are down payment assistance in the form of a second mortgage, not to exceed 25% of the purchase price of any one home. $343,370 of the mortgages will be forgiven at the end of 10-15-year periods, provided all agreement requirements are met. $103,780 of the mortgages beginning in 2005 will be forgiven at the end of a 10-year period, provided all agreement requirements are met. $83,458 was forgiven in 2015, 115,972 200,693 $356,080 obtained on various dates beginning in 1999 from the Jacksonville Housing Commission as a SHIP Grant. Grant proceeds are down payment assistance in the form of a second mortgage, not to exceed 20% of the purchase price of any one home. The mortgage will be forgiven at the end of 10-15-year periods, provided all agreement requirements are met. $53,660 was forgiven in 2015. No interest is charged or accrued. 262,800 316,460 Unsecured commercial bank loan in the amount of $250,000 with interest at 2%, paid quarterly. The note is a four year loan but has an extended due date of October 2021. At the initial four year maturity, eight quarterly principal payments of $31,250 begin. 250,000 - Ability Oakland U, LLC has an open construction loan in the amount of $4,750,000 with a commercial bank. The loan has an interest rate of 3.93%. The note is secured by the property and all rights and interest related thereto. The note matured in April 2015, and was paid off in February 2015 with equity from the Low Income Housing Tax Credit investor and a permanent loan from Local Initiatives Support Corporation. - 3,266,138 Ability Oakland II, LLC mortgage payable to Local Initiatives Support Corporation (LISC) in the amount of $1,985,000, with interest at 5.25%, secured by the property and rights and interest related thereto. The note matures February 2031. Monthly principal and interest payments are $10,337 with a balloon payment of $1,491,851 plus any accrued and unpaid interest and principal. 1,970,955 - 18- Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31, 2015 and 2014 Ability Mayfair U, LLC has a mortgage payable under the Tax Credit Exchange Program administered by the Florida Housing Finance Corporation. The original principal amount was $2,485,000. The mortgage bears no interest. Upon meeting certain requirements, as determined by Florida Housing Finance Corporation, the mortgage began in 2012 to be forgiven at a rate of 6.76% annually. $165,750 was forgiven in 2014. Ability Mayfair II, LLC has a mortgage payable under the HOME program administered with the Florida Dousing Finance Corporation. Principal of up to $4,000,000 can be used for the acquisition, rehabilitation, and permanent financing of the Project. The note matures October 2036 and the principal is due at that time. No interest is charged or accrued. Total Current portion Long berm debt Maturities by year are as follows: Year ending December 31, 1,822,002 1,987,752 4,000,000 4,000,000 21,869,445 18,642,140 538,540 3,608,581 $ 21,330,905 $ 15,033,559 2016 $ 538,540 2017 302,474 2018 334,562 2019 350,514 2020 338,719 thereafter 20,004,636 $ 21,869,445 S. Properties and Sources of Revenue CASA Ability Housing owns 21 single family and S multi -family homes throughout Jacksonville, Florida. The homes are rented to qualifying, low-income, adults with disabilities. Rents are based on ability to pay. Excess costs to maintain and service the debt on the homes are made up through contributions, grants and fund raisers. Major renovations began in 2012 on these homes and were completed in 2013. Mayfair Village ARartments In January 2008, Ability Mayfair, LLC (wholly owned by Ability Housing) purchased an existing apartment complex. The complex was appraised at $4,509,130. The purchase price was $3,209,130. The $1,300,000 difference in purchase price and appraised value was recognized as a contribution. - 19- Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31, 2015 and 2014 The apartment complex was sold at a loss of$1,371,831 in the year ended June 30, 2011 to Ability Mayfair 11, LLC of which Ability Housing has .01% ownership with effective contractual control. The sales price of the apartment complex was $2,650,000. The loss is eliminated in consolidation. Developer fees totaling $1,748,584 were paid to Ability Housing. These fees are eliminated in consolidation. Renaissance Village Apartments In April 2010, Ability Housing purchased Renaissance Village, an existing complex. Rehabilitation of the complex began during the year ended June 30, 201 1. The rehabilitation was completed in 2012 with $6,071,423 in costs that were capitalized. Oakland Terrace.Apartments Ability Oakland I1, LLC is a limited liability company that was formed in 2013 for the purpose of purchasing, rehabilitating, owning and operating a 60 unit low-income housing complex located in Jacksonville, Florida. Ability Oakland 11 .MM, LLC (wholly owned by Ability Housing) is the managing member with an interest of 0.01 %, with effective contractual control. The apartment complex was purchased from an LLC 100% owned by Ability Housing at a gain of $1,588,094. The gain is eliminated in consolidation and the basis of the Ability Oakland building is reduced. Developer fees totaling $997,471 were paid to Ability Housing. These fees are eliminated in consolidation. Ability Oakland has three notes totaling $1,118,142 payable to Ability Housing. These notes are eliminated in consolidation. Village on Wiley 1n 2014, Ability Housing purchased land for Village on Wiley and began new construction. Construction was completed in 2015. $4,818,362 in costs were capitalized. 9. Retirement Plan Ability Housing adopted a Simple IRA plan in 1998 for its employees. Ability Housing contributed $6,888 and $5,712 on behalf of its employees for the years ended December 31, 2015 and 2014, respectively. 10. Leases In May 2012, Ability Housing relocated and is obligated on a 64 month lease. The monthly rent is $2,650 per month with a 2.5% increase beginning the first day of the third through fifth years. Total rent expense was $31,707 and $34,450 for the years ended December 31, 2015 and 2014, respectively. - 20 - Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31, 2015 and 2014 A 5-year schedule of future minimum lease payments is as follows. 2016 33,136 2017 22,551 $ 55,687 11. Concentration of Credit Risk Ability Housing's services are offered to those who have lower Incomes and disabilities. This creates an inherent risk for ongoing rental collections. At December 31, 2015, Ability Mousing had $1,091,356 and $251,769 cash accounts which exceeded the $250,000 federally insured amount by $843,126 and $1,769. At December 31, 2015 Ability Housing had investment accounts totaling $1,054,123. The investment accounts are insured by the Securities Investor Protection Corporation up to $500,000, including a $100,000 limit on cash. 12.. Operating Reserves and Deposits The following deposits are required to be maintained in accordance with the Ability Mayfair II, LLC operating, agreement at December 31, 2015 and 2014: Operating reserve Revenue deficit reserve Services reserve Wind damage reserve 2015 2014 $ 179,225 $ 179,225 540,541 540,541 40,238 40,238 25,148 25,148 $ 785,152 $ 785,152 The following deposit is maintained in accordance with Renaissance Village's Neighborhood Stabilization Program loan. Operating reserve $ 350,000 The following deposit is maintained in accordance with Village on Wiley's operating agreement. Operating deficit reserve $ 444,106 Other deposits consist of mortgage escrows, security deposits and replacement reserves. -21 - Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31, 2015 and 2014 13. Internal Designations of Net Assets Ability Housing has internally designated a portion ofunrestricted net assets as follows: Agency operating reserves CASA operating reserves CASA replacement reserves CASA wind storm reserve Renaissance Village wind storm reserve 14. Related Parties 637,505 49,828 77,650 25,000 25,000 $ 814,983 A Director of Ability Housing was contracted to provide management and rehabilitation supervision to the CASA properties. All activities were done in conformance with IRS recommended Conflict of Interest policies for non-profit organizations. The contract was mutually terminated in 2015. Base management fees paid were $24,225 and $32,100 for the years ended December 31, 2015 and 2014, respectively. Additional incentive fees and construction fees were also paid totaling $11,783 and $9,971 for the years ended December 31, 2015 and 2014, respectively. Ability Housing purchased the land for the Villages on Wiley development from this Director in 2014. All activities were done in conformance with IRS recommended Conflict of Interest policies for non-profit organizations. The land was purchased for $89,134. The appraised value was $285,000 resulting in a donation of $195,866. 15._Commitment and Contingencies The Affiliate's low income housing credits are contingent on its ability to maintain compliance with applicable sections of Section 42. Failure to comply with occupant eligibility, and/or unit gross rent or to correct noncompliance within a specified time period could result in recapture of previously taken tax credits plus interest. In addition, such potential noncompliance may require an adjustment to the contributed capital by the investor member. 16. Current Vulnerability Due to Certain Concentrations Ability Mayfair and Ability Oakland's sole asset is their apartment complex. Their operations are concentrated in the multifamily real estate market. In addition, Ability Mayfair and Ability Oakland operate in a heavily regulated environment. The operations of Ability Mayfair and Ability Oakland are subject to the administrative directives, rules, and regulations of federal, state and local regulatory agencies. Such administrative directives, rules, and regulations are subject to change. Such changes may occur with little notice or inadequate funding to pay for the related cost, including the additional administrative burden, to comply with a change. -22- Ability Housing of Northeast Florida, Inc. and Affiliates (a nonprofit organization) Notes to the Consolidated Financial Statements December 31, 2015 and 2014 17. Property Management Fees As indicated in Note 15, a Director of Ability Housing was contracted to provide management services of the CASA properties. The contract was mutually terminated in 2015. Base management fees paid were $24,225 and $32,100 for the years ended December 31, 2015 and 2014, respectively. Ability lousing has an agreement with an external management company to perform management services at Renaissance Village Apartments. The agreement is for twelve months and automatically renews unless terminated. The monthly management fee is the greater of 4% per month of all gross income, not including interest or insurance proceeds, or $32.50 per unit, per month. Management fees paid were $20,280 for the periods ending December 31, 2015 and 2014. Ability Mayfair II contracted with an external management company to perform management services. The management contract expires in 2015, but automatically renews unless terminated. Fees are paid at $32.50 per occupied unit. Total management fees paid were $32,370 for the years ended December 31, 2015 and 2014. Ability Oakland II contracted with an external management company to perform management services at 4.475% of rent and related income. The management contract expires in 2015, but automatically renews unless terminated. Management fees paid were $26,390 and $27,538 for the periods ended October 31, 2014 and 2013, respectively. Village on Wiley was contracted during 2015 with an external management company to perform services at the greater of 4% per month of all gross income, not including interest or insurance proceeds, or $32.50 per unit, per month. Total management fees paid were $6,153 for the period ended December 31, 2015. -23- Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Schedule of Expenditures of Federal Awards and State Financial Assistance and Other Awards Year Ended December 31, 2015 CFDA Transfer Federal Grantor/Pass-through Program CFAS Award to Grantor/Program Title Period Number Amount Expenditures Subrecipients HUD Continuum of Care Program 1/l/15-12/31/15 14.267 $ 211,314 $ 211,314 $ 28,578 HUD Continuum of Care Program 2/l/15-1/31/16 14.267 375,520 348,696 22,500 HUD Continuum of Care Program 1/l/15-12/31115 14.267 340,020 334,305 12,500 926,854 894,315 63,578 HUD Housing Opportunities for Persons with Aids Forging Useful Systems to Empower through River Region Human Services, Inc. UU15-10/31115 14.241 92,061 92,061 - HUD Capacity Building for Community Development and Affordable Housing through Local Initiative Support Corporation?/l/15-6/30/16 14.252 40,000 19,999 - HUD Capacity Building for Community Development and Affordable Housing through Local Initiative Support Corporation2/1/14-1/31/15 14.252 40,000 4,952 - HUD Capacity Building for Community Development and Affordable Housing through Enterprise Community Partners, Inc,7/1/14-6/30/15 14.252 50,000 30,376 - HUD Capacity Building for Community Development and Affordable Housing through Enterprise Community Partners, Inc. 911/15-7/31/16 14.252 50,000 20,011 - 75,338 Total Federal 1,061,714 63,578 State Financial Assistance - Challenge Florida Department of Children & Families - Challenge Grant through Emergency Services & Homeless Coalition of Jacksonville, Inc. 7/l/15-12/31/15 35,700 35,700 - Total Federal and State Assistance Programs -24- $ 1,097,414 Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Schedule of Expenditures of Federal Awards and State Financial Assistance and Other Awards Year Ended December 31, 2015 Basis of Presentation The schedule of expenditures of federal awards, state financial assistance and other awards includes the federal grant activity and other awards of Ability Housing of Northeast Florida, Inc., and do not include the accounts of Ability Mayfair 11, LLC or Ability Oakland I1, LLC. The information in this schedule is presented in accordance with the basis of accounting A-133, Audits of States, Local Governments, and Nonprofit Organizations. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements which are presented on the accrual basis of accounting. -25- Ability Housing of Northeast Florida, Inc. and Affiliates (a non-profit organization) Schedule of Findings and Questioned Costs — Federal Programs For the Year Ended December 31, 2015 Summary of Audit Results 1. The auditors' report expresses an unqualified opinion on the financial statements of Ability Housing of Northeast Florida, Inc. and Affiliates. 2. No significant deficiencies were disclosed during the audit of the financial statements. No material weaknesses are reported. 3. No instances of noncompliance material to the financial statements of Ability Housing of Northeast Florida, Inc. and Affiliates were disclosed during the audit. 4. No material weaknesses were identified during the audit of the major federal award programs and state financial assistance projects. 5. The auditors' report on compliance for the major federal award programs and state financial assistance projects for Ability Housing of Northeast Florida, Inc. and Affiliates expresses an unqualified opinion. b. There was 1 (one) audit finding relative to the major federal award programs for Ability Housing of Northeast Florida, lnc. and Affiliates. 7. Major programs - HUD Continuum of Care Programs (CFDA #14.267). 8. The threshold for distinguishing Types A and B programs was $750,000. 9. Ability Housing of Northeast Florida, Inc. and Affiliates was not determined to be a low -risk auditee. 10. There are no prior audit findings. 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WFINAIRE ROBERT E RALSTON (1921 - 19991 BEAT.1- PITTMAN, JR (R: TIRED) TELEPHONE (904) 730-0440 FAX (9V4�7SO-0993 EMAIL epas Oral ato n44.40M INDEPENDENT AUDITORS' REPORT ON INTURNAL CONTROL OVER FINANCIAL REPORTING ,AND ON COMPLIANCE AND OTHER MATTERS RASED ON AN AUDIT OF CONSOLIDATED FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GDYERNMENTAUDITING STANDARDS To the Board of Directors Ability dousing of Northeast Florida, Inc. and Affiliates Jacksonville, Florida We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the consolidated financial statements of Ability Housing of Northeast Florida, Inc. and Affiliates, which comprise the statements of financial position as of December 31, 2015 and 2014, and the related statements of activities, and cash flows for the years then ended, and the related notes to the financial statements, and have issued our report thereon dated June 22, 2016. Internal Control Over Financial Reporting In planning and performing our audits of the financial statements, we considered Ability Housing of Northeast Florida, Inc, and Affiliates' internal control over financial reporting (internal control) to determine the audit procedures that are appropriate in the circumstances for the purpose of expressing our opinion on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of Ability Housing of Northeast Florida:, Inc. and Affiliates' internal control. Accordingly, we do not express an opinion on the effectiveness of Ability Housing of Northeast Florida, Inc. and Affiliates' internal control. A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity's financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance. Our consideration, of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies. Given these limitations, during our audits we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified. Compliance and Other Matters As part of obtaining reasonable assurance about whether Ability Housing of Northeast Florida, Inc. and Affiliates' financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and material affect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audits, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards. Purpose of this Report The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion an the effectiveness of the entity's internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the entity's internal control and compliance. Accordingly, this cor=unication is not suitable for any other purpose. �,V , June 22, 2016 RALSTON & COMPANY, P.A. CERTIFILD PUBLIC ACCOUNTANTS 8777 %AN JOSE BOULEVARD, SUITE sOO .JACKSONVILLE, FLORIDA 32217.4213 ROSER7 E, RALSTON M HAEL AMO (1921 - 1986) MICiiAEL R RITCH KLVIN M FRITZ bERT.I. PITTMAN, JF4 JOH E, OCFINAIRE OETIFED) TELEPHONE {904) 730-0440 FAX =4) 730-099a EMAIL opas6raWonco.nom INDEPENDENT AUDITORS' REPORT ON COMPLIANCE FOR EACH MAJOR PROGRAM AND ON INTERNAL CONTROL OVER COMPLIANCE RE UIRED BY THE UNIFORM GUIDANCE To the Board of Directors Ability Housing of Northeast Florida, Inc. and Affiliates Jacksonville, Florida Report on Compliance for Each Major Federal Program We have audited Ability Housing of Northeast Florida, Inc. and Affiliates' compliance with the types of compliance requirements described in the OMB Compliance Supplement that could have a direct and material ef&ct on each of Ability Housing of Northeast Florida, Inc. and Affiliates major federal programs for the year ended December 31, 2015. Ability Housing of Northeast Florida, Inc. and Affiliates major federal programs are identified in the summary of auditors' results section of the accompanying schedule of findings and questioned costs. Management's Responsibility Management is responsible for compliance with the requirements of laws, -regulations, contracts, and grants applicable to its federal programs. Auditors' Responsibility Our responsibility is to express an opinion on compliance for each of Ability Housing of Northeast Florida, Inc, and Affiliates' major federal programs based on our audit of the types of compliance requirements referred to above. We conducted our audit of compliance in accordance with Auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; the audit requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Those standards and the Uniform Guidance require that we plan and perform the audit to obtain reasonable assurance about whether noncompliance with the types of compliance requirements referred to above that could have a direct and material effect on a major federal program occurred, An audit includes examining, on a test basis, evidence about Ability Housing of Northeast Florida, Inc, and Affiliates' compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. We believe that our audit provides a reasonable federal program. However, our audit does not Northeast Florida, Inc. and Affiliates' compliance, Opinion on Each Major Federal Program basis for our opinion on compliance for each major provide a legal determination on Ability Housing of In our opinion, Ability Housing of Northeast Florida, Inc, and Affiliates complied, in all material respects, with the types of compliance requirements referred to above that could have a direct and material effect on each of its major federal programs for the year ended December 31, 2015, Other Matters The results of our auditing procedures disclosed instances of noncompliance, which are required to be reported in accordance with the Uniform Guidance and which are described in the accompanying schedule of findings and questioned costs as item 2015-001. Our opinion on each major program is not modified with respect to these matters, Ability Housing of Northeast Florida, Inc. and Affiliates' response to the internal control over compliance findings identified in our audit is described in the accompanying schedule of findings and questioned costs. Ability Housing of Northeast Florida, Inc. and Affiliates' response was not subjected to the auditing procedures applied in the audit of compliance and, accordingly, we express no opinion on the response. Report on Internal Control Over Compliance Management of Ability Housing of Northeast Florida, Inc, and Affiliate is responsible for establishing and maintaining effective internal control over compliance with the types of compliance requirements referred to above. In planning and performing our audit of compliance, we considered Ability Housing of Northeast Florida, Inc. and Affiliate's internal control over compliance with the types of requirements that could have a direct and material effect on each major federal program to determine the auditing procedures that are appropriate in the circumstances for the purpose of expressing an opinion on compliance for each major federal program and to test and report on, the internal control over compliance in accordance with Uniform Guidance, but not for the purpose of expressing an opinion on the effectiveness of internal control over compliance. Accordingly, we do not express an opinion on the effectiveness of Ability Housing of Northeast Florida, Inc. and Affiliate's internal control over compliance. A deficiency in internal control over compliance exists when the design or operation of a control over compliance does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, noncompliance with a type of compliance requirement of a federal program on a timely basis. A material weakness in internal control, over compliance is a deficiency, or combination of deficiencies, in internal control over compliance, such that there is a reasonable possibility that material noncompliance with a type of compliance requirement of a federal program will not be prevented, or detected and corrected, on a timely basis. A significant deficiency in internal control over compliance is a deficiency, or a combination of deficiencies, in internal control over compliance with a type of compliance requirement of a federal program that is less severe than a material weakness in internal control over compliance, yet important enough to merit attention by those charged with governance. Our consideration of internal control over compliance was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control over compliance that might be material weaknesses or significant deficiencies. We did not identify any deficiencies in internal control over compliance that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified. The purpose of this report on internal control over compliance is solely to describe the scope of our testing of internal control over compliance and the results of that testing based on the requirements of OMB Circular A-133. Accordingly, this report is not suitable for any other purpose. v- de,437, Ar- e�2� .tune 22, 2016 Ability Housing, Inc. and Affiliates (a non-profit organization) Jacksonville, Florida Consolidated Financial Statements and Supplemental Information December 31, 2017 and 2016 Ability Housing, Inc. and Affiliates (a non-profit organization) Table of Contents Page Independent Auditor's Report on Basic Financial Statements 1 and Supplementary Information Financial Statements Consolidated Statements of Financial Position 3 Consolidated Statements of Activities 4 Consolidated Statements of Functional Expenses 5 Consolidated Statements of Cash Flows 7 Notes to the Consolidated Financial Statements 9 Other Reports and Supplementary Information Schedule of Expenditures of Federal Awards and State Financial Assistance and Other Awards 24 Schedule of Findings and Questioned Costs - Federal Programs 26 Consolidating Statement of Financial Position 28 Consolidating Statement of Activities 30 Consolidating Statement of Functional Expenses 31 Consolidating Statement of Cash Flows 32 Independent Auditor's Report on Internal Control Over Financial Reporting and on Compliance and Other Matters Based on an Audit of Consolidated Financial Statements Performed in Accordance with Government Auditing Standards 34 Independent Auditor's Report on Compliance for Each Major Program and on Internal Control Over Compliance Required by the Uniform Guidance and Chapter 10.650 Rules of the Auditor General 36 R BRUCE SHEALY MICHAEL R BITCH KEVIN M. FRITZ JON E. CORNAIRE RALSTON & COMPANY, P.A. CERTIFIED PUBLIC ACCOUNTANTS 6777 SAN JOSE BOULEVARD, SUITE 600 JACKSONVILLE, FLORIDA 32217-4213 INDEPENDENT AUDITOR'S REPORT To the Board of Directors Ability Housing, Inc. and Affiliates Jacksonville, Florida Report on the Financial Statements ROBERT E. RALSTON (1921 - 1986) BERT J. PITTMAN, JR. (RETIRED) TELEPHONE (904) 730-0440 FAX (904) 730-0993 EMAIL cpas®ralstonco.com We have audited the accompanying consolidated financial statements of Ability Housing, Inc. and Affiliates, which comprise the statements of financial position as of December 31, 2017 and 2016, and the related consolidated statements of activities, functional expenses, and cash flows for the years then ended, and the related notes to the consolidated financial statements. Management's Responsibilityfor the Financial Statements Management is responsible for the preparation and fair presentation of these consolidated financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of consolidated financial statements that are free from material misstatement, whether due to fraud or error. Auditor's Responsibility Our responsibility is to express an opinion on these consolidated financial statements based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the consolidated financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the consolidated financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the consolidated financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the consolidated financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Opinion In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of Ability Housing, Inc. and Affiliates as of December 31, 2017 and 2016, and the changes in its net assets and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America. Other Matters Other Information Our audit was conducted for the purpose of forming an opinion on the consolidated financial statements as a whole. The accompanying Schedule of Expenditures of Federal Awards, State Financial Assistance and Other Awards; and Schedule of Findings and Questioned Costs, as required by Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards and Chapter 10.650 Rules of the Auditor General is presented for purposes of additional analysis and is not a required part of the consolidated financial statements. Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the consolidated financial statements. The information has been subjected to the auditing procedures applied in the audit of the consolidated financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the consolidated financial statements or to the consolidated financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the information is fairly stated, in all material respects, in relation to the consolidated financial statements as a whole. Other Reporting Required by Government Auditing Standards In accordance with Government Auditing Standards, we have also issued our report dated April 24, 2018, on our consideration of Ability Housing, Inc. and Affiliates' internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters. The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering Ability Housing, Inc. and Affiliates' internal control over financial reporting and compliance. April 24, 2018 Ability Housing, Inc. and Affiliates (a non-profit organization) Consolidated Statements of Financial Position December 31, 2017 and 2016 ASSETS Cash and cash equivalents Investments Grants receivable Other receivables Restricted deposits and reserves Construction in process Prepaid expenses Organizational costs, net of accumulated amortization of $21,560 and $14,203 Property and equipment, net of accumulated depreciation of $5,732,314 and $4,804,841 Total assets E 2017 1,200,364 1,284,655 70,628 250,409 2,461,437 2,002,011 173,933 159,075 29,237,193 2016 1,874,937 1,147,996 50,164 151,383 2,408,736 874,042 64,464 166,332 $ 36,839,705 $ 36,726,792 LIABILITIES AND NET ASSETS Liabilities: Accounts payable Accrued expenses Deferred revenue Security deposits Current portion of long-term debt Long-term debt 2017 2016 $ 200,875 $ 107,829 132,996 85,365 57,788 31,460 72,014 92,125 1,131,159 1,101,094 21,390,217 21,358,086 Total liabilities 22,985,049 22,775,959 Net assets: Controlling interest in unrestricted net assets - internally designated 814,983 814,983 Controlling interest in unrestricted net assets - nondesignated 1,934,719 1,707,395 Noncontrolling interest in unrestricted net assets 11,104,954 11,428,455 Unrestricted net assets 13,854,656 13,950,833 Total net assets Total liabilities and net assets 13.854,656 13,950,833 $ 36,839,705 $ 36,726,792 See accompanying notes to consolidated financial statements. -3- Ability Housing, Inc. and Affiliates (a non-profit organization) Consolidated Statements of Activities For the years ended December 31, 2017 and 2016 2017 2016 Changes in unrestricted net assets: Contributions, grants and revenues Leasing, housing assistance, and other program income $ 1,898,801 $ 1,838,408 Contributions 705,800 705,920 Grants - governmental 2,058,512 1,102,110 Grants - other 140,059 90,000 Debt forgiveness 528,190 766,912 Other income 168,691 88,745 Total contributions, grants and revenues 5,500,053 4,592,095 Expenses Program services 5,268,561 4,804,135 Management and general 229,337 246,957 Fundraising 98,337 101,890 Total expenses 5,596,235 5,152,982 Change in unrestricted net assets (96,182) (560,887) Net assets, beginning of year 13,950,838 14,511,720 Net assets, end of year 13,854,656 13,950,833 Noncontrolling interest in subsidiary, beginning of year (11,428,455) (11,855,240) Noncontrolling interest in subsidiaries' loss 323,501 456,785 Controlling interest net assets, end of year $ 2,749,702 $ 2,552,378 See accompanying notes to consolidated financial statements. -4- Ability Housing, Inc. and Affiliates (a non-profit organization) Consolidated Statement of Functional Expenses For the year ended December 31, 2017 Program Services Salaries and wages $ 968,444 Payroll taxes 69,632 Employee benefits 84,569 1,122,645 Leasing and housing assistance 1,730,650 Repairs and maintenance 362,462 Telephone and utilities 299,412 Professional services 192,275 Insurance 166,985 Memberships, meetings, and training 93,425 Office expense 79,510 Taxes and licenses 99,283 Interest 97,458 Bad debts 41,796 Rent 24,194 Marketing - Postage 908 Miscellaneous expense 22,824 4,333,827 Depreciation and amortization 934,734 Supporting Services Management and General Fundraising Total $ 94,077 $ 44,272 $ 1,106,793 6,763 3,183 79,577 8,215 3,866 96,650 109,055 51,321 1,283,020 - - 1,730,650 - - 362,462 9,018 - 308,430 36,976 17,255 246,506 18,554 - 185,539 23,356 - 116,781 19,878 - 99,388 - - 99,283 _ - 97,458 - - 41,796 6,049 - 30,243 - 27,691 27,691 745 2,070 3,724 5.706 - 28,530 229,337 98,337 4,661,501 - - 934,734 Total expenses $ 5,268,561 $ 229,337 $ 98,337 $ 5,596,235 See accompanying notes to consolidated financial statements. -5- Ability Housing, Inc. and Affiliates (a non-profit organization) Consolidated Statement of Functional Expenses For the year ended December 31, 2016 Supporting Services Program Management Services and General Fundraising Total Salaries and wages $ 882,161 $ 85,696 $ 40,327 $ 1,008,184 Payroll taxes 64,084 6,224 2,929 73,237 Employee benefits 75,438 7,328 3,449 86,215 1,021,683 99,248 46,705 1,167,636 Leasing and housing assistance 1,151,148 - - 1,151,148 Repairs and maintenance 377,165 - - 377,165 Professional services 287,542 55,296 25,805 368,643 Telephone and utilities 307,670 9,266 - 316,936 Insurance- general 187,916 20,880 - 208,796 Interest 100,959 - - 100,959 Taxes and licenses 100,859 - - 100,859 Office expense 97,263 24,316 - 121,579 Memberships, meetings, and training 96,038 24,009 - 120,047 Rent 41,326 10,331 - 51,657 Bad debts 29,835 - - 29,835 Marketing - - 27,146 27,146 Postage 980 804 2,234 4,018 Miscellaneous expense 11,226 2,807 - 14,033 3,811,610 246,957 101,890 4,160,457 Financing cost disposal 58,055 - - 58,055 Depreciation and amortization 934,470 - - 934,470 Total expenses $ 4,804,135 $ 246,957 $ 101,890 $ 5,152,982 See accompanying notes to consolidated financial statements. -6- Ability Housing, Inc. and Affiliates (a non-profit organization) Consolidated Statements of Cash Flows For the years ended December 31, 2017 and 2016 2017 2016 Cash flows from operating activities: Change in unrestricted net assets $ (96,182) $ (560,887) Adjustments to reconcile change in unrestricted net assets to net cash provided by operating activities Depreciation and amortization 934,735 934,470 Financing costs disposal - 58,055 Realized (gain) loss on sale of investments (196,369) 18,704 Unrealized gain (loss) on investments 59,024 (77,658) Debt forgiveness (528,190) (766,912) (Increase) decrease in: Grants and other receivables (119,490) 1,101,658 Prepaid expenses (109,467) 18,037 Increase (decrease)in: Accounts payable and accrued expenses 140,674 (133,361) Deferred revenue 26,328 23,376 Net cash provided by operating activities 111,063 615,482 Cash flows from investing activities: Proceeds from sale of investments 1,186,013 510,040 Purchase of investments and fees (1,185,327) (544,960) Increase in restricted deposits and reserves (52,699) (83,511) Increase in construction in process (1,127,969) (859,439) Purchases of property and equipment (175,928) (791,781) Decrease in security deposits (20,112) (8,853) Net cash used by investing activities (1,376,022) (1,778,504) Cash flows from financing activities: Purchase of organizational costs - (125,635) Proceeds from long-term debt 664,112 3,391,497 Repayments of long-term debt (73,726) (2,034,851) Net cash provided by financing activities 590,386 1,231,011 Increase (decrease)in cash (674,573) 67,989 Cash and cash equivalents - beginning of year 1,874,937 1,806,948 Cash and cash equivalents - end of year $ 1,200,364 $ 1,874,937 See accompanying notes to consolidated financial statements. -7- Ability Housing, Inc. and Affiliates (a non-profit organization) Consolidated Statements of Cash Flows For the years ended December 31, 2017 and 2016 Supplemental Disclosures Cash paid for interest Cash paid for income taxes 2017 2016 $ 96,446 $ 97,814 N/A N/A See accompanying notes to consolidated financial statements. -8- Ability Housing, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31, 2017 and 2016 1. Organization Ability Housing, Inc. is a tax-exempt, 501(c)(3) non-profit organization incorporated in the State of Florida in 1992 (then named Grove House of Jacksonville, Inc.). In 2004, Ability Housing revised its mission and focus from that of a service organization interested in affordable housing to that of an organization dedicated solely to the development and operation of quality, affordable and supportive housing. In 2015, at the request of the community, Ability Housing expanded to also serve Central Florida. Because of this expansion, in 2016 the organization changed its name to Ability Housing, Inc. The mission of Ability Housing is to build strong communities where everyone has a home. Ability Housing's vision is a society where housing is a right, not a privilege, and all individuals have safe, affordable housing in vibrant communities. To fulfill its mission, Ability Housing develops and operates quality affordable and supportive rental housing, provides rental assistance so residents can afford market apartments, and coordinates supportive services for tenants through four distinct programs: CASA is a scattered -site project consisting of 29 single-family and multi -family homes dispersed throughout Jacksonville, Florida. CASA utilizes a shared -housing model which is designed specifically for adults with disabilities wishing to live independently with roommates. The 29 homes provide housing to 60 or more adults with a disability, the majority of which are developmental. The Villages Program consists of quality, multi -family, rental properties targeted to formerly homeless, very low and extremely low income individuals and families. Villages is dedicated to fostering the dignity, increased independence and self-sufficiency of all of its residents. Individualized support services are offered to all residents to allow them to maintain their housing and access community -based services. Through Continuum of Care grants some units are targeted to individuals and families that have been chronically homeless. Villages currently consists of four properties in Duval County; and three projects in predevelopment; 2 in Orange County and 1 in Duval County. Also, assisting three other non -profits securing financing to construct supportive housing in Duval and Pasco Counties. Mayfair Village Apartments is an 83-unit apartment complex located on Jacksonville's Southside. 42 units are reserved for Extremely Low Income (earning less than 30% of Area Median Income ("AMI") households and 41 units are restricted to Very Low Income (earning less than 50% of AMI) households. Of the total apartments, 42 are restricted to homeless individuals and families. Mayfair Village is owned by Ability Mayfair II, LLC, Ability Housing is 0.0 1% owner of Ability Mayfair II, LLC and is the managing member and exercises effective control. Accordingly, the LLC is a consolidating organization. Mayfair Village Apartments was acquired and rehabilitated utilizing Low Income Housing Tax Credit equity, a Tax Credit Exchange Program forgivable loan, a HOME Investment Partnership Program loan and a Homeless Housing Assistance Grant. Renaissance Village Apartments is a 52-unit apartment complex located in Jacksonville's Longbranch community. All units are restricted to serving persons who are homeless or at -risk households and earn 35% or less of AMI. Renaissance Village was acquired from Florida Housing Finance Corporation and rehabilitated utilizing a Neighborhood Stabilization Program forgivable loan from the City of Jacksonville. Ability Housing, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31, 2017 and 2016 Oakland Terrace Apartments is a 60-unit apartment complex located on Jacksonville's Eastside with a Section 8 Housing Assistance Payments agreement with the U.S. Department of Housing and Urban Development; a significant portion of the property's rental income is received from HUD. 48 units are restricted to households earning 60% of AMI and 12 units are restricted to those at 30% of AMI, 6 of which are set aside for special needs households. Ability Housing has instituted a preference for all unit turn -over to be targeted to homeless families. Oakland Terrace is owned by Ability Oakland II, LLC, Ability Housing is 0.01 % owner of Ability Oakland II, LLC and is the managing member and exercises effective control. Accordingly, the LLC is a consolidating organization. Oakland Terrace was acquired and rehabilitated utilizing Low Income Housing Tax Credit equity, HUD Mortgage Restructuring and Contingent Repayment Mortgages, and conventional debt. Ability Oakland II, LLC has a fiscal year-end of October 31. The October 31, 2017 information is reflected in these financial statements. Village on Wiley is a 43-unit apartment complex, completed in 2015, targeted to high utilizers of crisis services, the majority of whom have been chronically homeless. 13 units are reserved for households earning 33% or less of AMI, the remaining 30 units target households earning 50% or less of AMI. Village on Wiley is being financed by a forgivable loan from Florida Housing Finance Corporation. HousingLink serves persons that have been chronically homeless or are residents that have a disability and have experienced long-term or repeated episodes of homelessness. Ability Housing provides rental assistance which gives individuals the opportunity to afford market housing in the community; and contracts with area service providers to ensure each resident is provided voluntary, individualized case management services so that the household may retain their housing and increase their self-sufficiency. The Resident Enrichment program ensures that Ability Housing's residents have the supports and enrichment opportunities they need to enhance their lives. Ability Housing contracts with nonprofits in the community to provide voluntary, individualized case management services, as well as workshops and trainings for all residents. 2. Summary of Significant Accounting Policies Basis of Accounting The consolidated financial statements of Ability Housing have been prepared on the accrual basis of accounting and accordingly reflect all significant receivables, payables, and other liabilities. Basis of Presentation The consolidated financial statements include the accounts of Ability Housing, Inc., Ability Mayfair II, LLC, and Ability Oakland II, LLC presented on a consolidated basis. All significant inter- company balances and transactions have been eliminated. Use of Estimates The preparation of consolidated financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates. -10- Ability Housing, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31, 2017 and 2016 Investments Investments are carried at fair value and any gain or loss from mark -to market accounting valuations will be recorded as an unrealized gain or loss in the Consolidated Statements of Activities. Realized gains and losses are recorded as of the trade date. Accounts Receivable Grants, contracts and other accounts receivable are stated at the amount management expects to collect from outstanding balances. If amounts become uncollectible, they will be charged to the program when the determination is made. At December 31, 2017 and 2016, there was no allowance for doubtful accounts. Construction in Process Construction in process is stated at cost. Organizational Costs Organizational costs incurred in the establishment of Ability Oakland II, LLC totaled $55,000. Those costs are being amortized over a 15-year period. Amortization expense for the period ended October 31, 2017 and 2016 was $3,667, respectively. Accumulated amortization at October 31, 2017 and 2016 was $15,278 and $11,611, respectively. An additional $61,926 was incurred in permanent financing costs in 2015 and are being amortized over a 16-year period. Permanent refinancing occurred again in 2016, resulting in a write-off of the unamortized portion. $125,635 of financing costs were incurred with the 2016 refinancing. These costs are being amortized over a 35- year period. Amortization expense for the period ending October 31, 2017 and 2016 was $3,590 and $2,692, respectively. Accumulated amortization at October 31, 2017 and 2016 was $6,282 and $2,692, respectively. Property and Equipment Property and equipment are stated at cost. Donated assets are recorded at fair value. Depreciation is computed using the straight-line and accelerated methods over the estimated useful lives of the individual assets, ranging from 5 to 40 years. Improvements are capitalized, while expenditures for maintenance and repairs are charged to expense as incurred. Notes Payable Notes payable are recorded at their outstanding principal amounts. Income Taxes Ability Housing is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code as confirmed in an exemption letter dated July 31, 1992. The Company is no longer subject to U.S. Federal income tax examinations by the tax authorities for years before 2015. Ability Mayfair II, LLC and Ability Oakland II, LLC have no provision or liability for income taxes because members are taxed individually on their proportionate share of the Organization's income. Each file a profit based partnership tax return. Functional Expenses The costs of providing programs have been summarized on a functional basis in the Consolidated Statements of Functional Expenses. Ability Housing, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31, 2017 and 2016 Rental Income Rental income is recognized as rents become due. Rental payments received in advance are deferred until earned. All leases between the Organization and the tenants of the property are operating leases. For the period ended October 31, 2017 and 2016, Ability Oakland II, LLC received $466,951 and $464,703 HUD Section 8 subsidies. For the years ended December 31, 2017 and 2016, Ability Mayfair 11, LLC received subsidies from several sources totaling $133,988 and $174,199, respectively. For the years ended December 31, 2017 and 2016, Renaissance Village received subsidies from several sources totaling $84,035 and $76,646, respectively. For the year ended December 31, 2017 and 2016, Village on Wiley received subsidies from several sources totaling $229,481 and $238,818, respectively. Cash and Cash Equivalents Ability Housing considers all highly liquid debt instruments with original maturities of three months or less to be cash equivalents. All certificates of deposit are considered cash. Contributions Financial statement presentation also follows the recommendations of ASC 958-205 "Accounting for Contributions Received and Contributions Made". In accordance with ASC 958-205, contributions received are recorded as unrestricted, temporarily restricted, or permanently restricted support depending on the existence and/or nature of any donor restrictions. Contributions that are restricted by the donor are reported as increases in unrestricted net assets if the restrictions expire in the fiscal year in which the contributions are recognized. All other donor -restricted contributions are reported as increases in temporarily or permanently restricted net assets depending on the nature of the restrictions. When a restriction expires, temporarily restricted net assets are reclassified to unrestricted net assets. Donated Materials Long-lived Assets, Facilities & Services Donated materials are recorded as contributions at their estimated fair value at the date of donation. Long-lived assets or the use of facilities are recorded as contributions in the period received at fair value. Contributions of services are recognized in the consolidated financial statements if the services enhance or create nonfinancial assets or require specialized skills and are provided by individuals possessing those skills. Impairment of Long -Lived Assets Ability Housing reviews its long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying value may not be recoverable. Recoverability is measured by a comparison of the carrying amount to the future net undiscounted cash flow expected to be generated and any estimated proceeds from the eventual disposition. If the long-lived asset is considered to be impaired, the impairment to be recognized is measured at the amount by which the carrying amount exceeds the fair value as determined from an appraisal, discounted cash flows analysis, or other valuation technique. No impairment losses were recognized in the years ended December 31, 2017 and 2016. Change in Accounting Principle In May 2015, the FASB issued ASU No. 2015-07, Fair Value Measurement (Topic 820) — Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share. ASU No. 2015-07 permits a reporting entity, as a practical expedient, to measure fair value of certain investments using the net asset value per share of the investment and provide guidance on required disclosure for such investments. The standard is effective for annual reporting periods beginning -12- Ability Housing, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31, 2017 and 2016 after December 15, 2016. Management has adopted this accounting guidance. The updated disclosure is included in Note 3 and did not have a material impact on the Organization's financial statements. Subsequent Events Management has evaluated subsequent events through April 24, 2018, the date on which the consolidated financial statements were available to be issued. 3. Fair Value Measurements Ability Housing's investments are reported at fair value in the accompanying Consolidated Statements of Financial Position. The methods used to measure fair value may produce an amount that may not be indicative of net realizable value or reflective of future fair values. Furthermore, although Ability Housing believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date. Investments at net asset value: Fair Value December 31, 2017 Equity mutual funds $ 835,521 Fixed income mutual fluids 309,071 Hedge mutual funds 113,528 Commodities 26,535 $ 1,284,655 Investments at net asset value: Fair Value December 31, 2016 Equity mutual funds $ 678,277 Fixed income mutual funds 411,536 Real estate investment trusts 58,183 $ 1,147,996 Investments measured at fair value using Net Asset Value (NAV) per share practical expedient and have not been categorized in a fair value hierarchy. -13- Ability Housing, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31, 2017 and 2016 The Organization uses the NAV to determine the fair value of mutual funds which: (a) do not have a readily determinable fair value and (b) prepare their consolidated financial statements consistent with measurement principles of an investment company or have the attributes of an investment company. 4. Investments Investments are comprised of the following: Gross December 31, 2017 Unrealized Fair Cost Gain loss Value Equity mutual funds $ 775,191 $ 60,330 $ 835,521 Fixed income mutual funds 309,573 (502) 309,071 Hedge mutual funds 115,973 (2,445) 113,528 Commodities 25,772 763 26,535 $ 1,226,509 $ 58,146 $ 1,284,655 Realized gains and losses of sales of mutual funds for the year ended December 31, 2017 were: Gross proceeds Realized gains Investments are comprised of the following: December 31, 2016 $ 1,186,013 $ 196,369 Gross Unrealized Fair Cost Gain loss Value Equity mutual funds $ 567,783 $ 110,494 $ 678,277 Fixed income mutual funds 412,192 (656) 411,536 Real estate investment trusts 51,584 6,599 58,183 $ 1,031,559 $ 116,437 $ 1,147,996 - 14- Ability Housing, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31, 2017 and 2016 Realized gains and losses of sales of mutual funds for the year ended December 31, 2016 were: Gross proceeds Realized losses $ 510,040 $ 18,704 Dividends and interest income totaled $28,935 and $30,133 for the year ended December 31, 2017 and 2016. Fees paid were $11,842 and $11,718 for the years ended December 31, 2017 and 2016. 5. Construction in Process Construction in process at December 31, 2017 and 2016 consisted of: Village on Mercy - Orange County, new construction Wayne Densch Center - Orange County, rehabilitation Village at Hyde Park - Duval County, new construction Other 2017 $ 974,447 254,300 747,062 26,202 $ 2,002,011 2016 $ 677,611 196,431 $ 874,042 -15- Ability Housing, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31, 2017 and 2016 6. Property and Equipment A summary of property and equipment is as follows: 2017 2016 Ability Housing - Administration Equipment $ 80,003 $ 71,021 Accumulated depreciation (60,673) (54,092) $ 19,330 $ 16,928 Ability Housing - CASA Scattered Sites Land $ 310,062 $ 310,062 Buildings and improvements 3,411,850 3,244,905 Accumulated depreciation (1,154,286) (1,060,035) $ 2,567,626 $ 2,494,932 Ability Housing - Renaissance Village Land $ 110,000 $ 110,000 Buildings and improvements 5,912,423 5,912,423 Building Equipment 49,000 49,000 Accumulated depreciation (849,641) (696,113) $ 5,221,782 $ 5,375,310 Ability Housing - Village on Wiley Land $ 285,000 $ 285,000 Buildings and improvements 5,150,472 5,150,472 Equipment 161,862 161,862 Accumulated depreciation (397,326) (227,131) $ 5,200,008 $ 5,370,203 Ability Mayfair II (as consolidated) Land $ 265,000 $ 265,000 Buildings and improvements 12,317,570 12,317,570 Equipment 111,302 111,302 Accumulated depreciation (2,505,089) (2,194,135) $ 10,188,783 $ 10,499,737 Ability Oakland II (as consolidated) Land $ 230,000 $ 230,000 Buildings and improvements 6,425,105 6,425,105 Equipment 149,858 149,858 Accumulated depreciation (765,299) (573,335) $ 6,039,664 $ 6,231,628 $ 29,237,193 $ 29,988,738 -16- Ability Housing, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31, 2017 and 2016 7. Line of Credit The Organization has a line of credit with a commercial bank in the amount of $700,000. Interest is to be accrued at the LIBOR daily floating rate plus 2.5%. The note is secured by certain cash and investments. Payments are upon demand. The outstanding balance at December 31, 2017 and 2016 was $0. 8. Long-term Debt Note payable to Florida Housing Finance Corporation (FHFC) in the amount of $750,000, to finance predevelopment costs for the Village Hyde Park project. Interest is accrued at 1% and paid at maturity. Maturity is the earlier of permanent financing or December 2020. The note is secured by the real property. $ 664,112 $ - CASA mortgage payable from Florida Housing Finance Corporation. No interest. Collateral is specific real property and rent assignment. Annual principal payments of $8,400 begin December 2022 with a maturity balloon in December 2037. 252,000 252,000 CASA mortgage payable from Florida Housing Finance Corporation. No interest. Collateral is specific real property. Annual principal payments of $8,400 begin March 2023 with a maturity balloon in March 2038. 252,000 252,000 CASA mortgages payable to the City of Jacksonville. $100,000 was obtained as a SHIP grant. $296,130 was obtained as a HOME grant. No interest. Collateral is specific real properties. Due dates are 2016-2027. The mortgages will be forgiven at the end of 10-20 year period if all agreement requirements are met. $196,130 was forgiven in 2016. 200,000 200,000 CASA - various mortgages payable, in aggregate monthly installments of $3,166. Bearing interest ranging from 6.0% to 6.25% at December 31, 2017. Matures between 2019 and 2030. Secured by real estate. 165,220 191,924 Loan from Federal Home Loan Bank of Atlanta in the amount of $400,000. No interest due. Matures 2026. The mortgage will be forgiven if all agreement requirements are met. The funds were used for rehabilitation of CASA homes. 400,000 400,000 Village on Wiley promissory notes from Florida Housing Finance Corporation totaling $5,975,000, with interest at zero percent, and principal nonamortizing. These notes are subject to a construction agreement and provide for a twenty year, permanent loan period, maturing December 2034. The mortgage note will be forgiven at a rate of five percent on each anniversary date of the date the development was placed in service (November 2015) if all agreement requirements are met. $290,460 was forgiven in 2017 and 2016, respectively. 5,228,279 5,518,739 -17- Ability Housing, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31, 2017 and 2016 Renaissance Village construction contract from the City of Jacksonville. $6,606,000 was the total available. Final balance drawn was $6,421,423. Collateralized by specific real property. Interest at zero percent. The note will be forgiven in 2052 if the property remains affordable housing. 6,421,423 6,421,423 CASA - twelve mortgages from Florida Housing Finance Corporation, all are no interest mortgages. Ten mortgages payable in total of $16,652 annually. Matures 2034. Two mortgages payable in installments of $4,200 beginning in 2021. Matures 2036. 409,110 425,762 CASA - $447,240 obtained on various dates beginning in 1999 from the Jacksonville Housing Commission as a HOME Grant. Grant proceeds are down payment assistance in the form of a second mortgage, not to exceed 25% of the purchase price of any one home. $343,370 of the mortgages will be forgiven at the end of 10-15-year periods, provided all agreement requirements are met. $103,780 of the mortgages beginning in 2005 will be forgiven at the end of a 10-year period, provided all agreement requirements are met. $55,692 was forgiven in 2016. 14,200 14,200 CASA - Jacksonville Housing Commission as a SHIP Grant. Grant proceeds are down payment assistance in the form of a second mortgage, not to exceed 20% of the purchase price of any one home. The mortgage will be forgiven at the end of 10-15-year periods, provided all agreement requirements are met. $71,980 and $12,800 was forgiven in 2017 and 2016, respectively. No interest is charged or accrued. 178,020 250,000 Note payable to Corporation for Supportive Housing to finance predevelopment costs for the Mercy project. Interest is accrued at 5.5% and paid at maturity. Maturity is the earlier of permanent financing or June 30, 2018. The note is unsecured. 500,000 500,000 Unsecured commercial bank loan in the amount of $250,000 with interest at 2%, paid quarterly. The note is a four year loan but has an extended due date of October 2021. At the initial four year maturity of October 2021, eight quarterly principal payments of $31,250 begin. 250,000 250,000 Ability Oakland II, LLC has a mortgage payable with Bellweather Enterprise Real Estate. The loan has an interest rate of 3.75%. The note is secured by the property and all rights and interest related thereto. Originally at $2,148,900 with monthly principal and interest payments of $9,354. The note matures in January 2051. 2,096,509 2,126,880 Ability Housing, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31, 2017 and 2016 Ability Mayfair II, LLC has a mortgage payable under the Tax Credit Exchange Program administered by the Florida Housing Finance Corporation. The original principal amount was $2,485,000. The mortgage bears no interest. Upon meeting certain requirements, as determined by Florida Housing Finance Corporation, the mortgage began in 2012 to be forgiven at a rate of 6.76% annually. $165,750 was forgiven in 2017 and 2016. Ability Mayfair II, LLC has a mortgage payable under the HOME program administered with the Florida Housing Finance Corporation. Principal of up to $4,000,000 can be used for the acquisition, rehabilitation, and permanent financing of the Project. The note matures October 2036 and the principal is due at that time. No interest is charged or accrued. Total Current portion Long term debt Maturities by year are as follows: Year ending December 31, 2018 2019 2020 2021 2022 thereafter 9. Properties and Sources of Revenue 1,490,503 1,656,252 4,000,000 4,000,000 $ 22,521,376 $ 22,459,180 1,131,159 1,101,094 $ 21,390,217 $ 1,131,159 619,816 1,175,825 544,613 554,767 18,495,196 $ 22,521,376 $ 21,358,086 CASA Ability Housing owns 21 single family and 8 multi -family homes throughout Jacksonville, Florida. The homes are rented to qualifying, low-income, adults with disabilities. Rents are based on ability to pay. Excess costs to maintain and service the debt on the homes are made up through contributions, grants and fund raisers. Major renovations began in 2012 on these homes and were completed in 2013. -19- Ability Housing, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31, 2017 and 2016 Mayfair Village Apartments In January 2008, Ability Mayfair, LLC (wholly owned by Ability Housing) purchased an existing apartment complex. The complex was appraised at $4,509,130. The purchase price was $3,209,130. The $1,300,000 difference in purchase price and appraised value was recognized as a contribution. The apartment complex was sold at a loss of $1,371,831 in the year ended June 30, 2011 to Ability Mayfair II, LLC of which Ability Housing has .01 % ownership with effective contractual control. The sales price of the apartment complex was $2,650,000. The loss is eliminated in consolidation. Developer fees totaling $1,748,584 were paid to Ability Housing. These fees are eliminated in consolidation. Renaissance Village Apartments In April 2010, Ability Housing purchased Renaissance Village, an existing complex. Rehabilitation of the complex began during the year ended June 30, 2011. The rehabilitation was completed in 2012 with $6,071,423 in costs that were capitalized. Oakland Terrace Apartments Ability Oakland II, LLC is a limited liability company that was formed in 2013 for the purpose of purchasing, rehabilitating, owning and operating a 60-unit low-income housing complex located in Jacksonville, Florida. Ability Oakland II MM, LLC (wholly owned by Ability Housing) is the managing member with an interest of 0.01 %, with effective contractual control. The apartment complex was purchased from an LLC 100% owned by Ability Housing at a gain of $1,588,094. The gain is eliminated in consolidation and the basis of the Ability Oakland building is reduced. Developer fees totaling $997,471 were paid to Ability Housing. These fees are eliminated in consolidation. Ability Oakland has three notes totaling $1,118,142 payable to Ability Housing. These notes are eliminated in consolidation. Village on Wiley In 2014, Ability Housing purchased land for Village on Wiley and began new construction. Construction was primarily completed in 2015. $5,597,334 in costs were capitalized. 10. Retirement Plan Ability Housing adopted a Simple IRA plan in 1998 for its employees. Ability Housing contributed $13,933 and $11,646 on behalf of its employees for the years ended December 31, 2017 and 2016, respectively. 11. Leases Ability Housing was obligated on a 64-month lease. The monthly rent is $2,650 per month with a 2.5% increase beginning the first day of the third through fifth years. The lease expired in August 2017. Ability Housing relocated in October 2017 with lease obligations beginning at $3,988 per month and increasing 3% annually each February through January 2023. Total rent expense was $30,243 and $51,657 for the years ended December 31, 2017 and 2016, respectively. -20- Ability Housing, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31, 2017 and 2016 The Orlando office has a lease for $468 per month for 2018. A 5-year schedule of future minimum lease payments is as follows: 2018 $ 49,484 2019 49,165 2020 50,637 2021 52,157 2022 53,725 Thereafter 4,488 $ 259,656 12. Concentration of Credit Risk Ability Housing's services are offered to those who have lower incomes and disabilities. This creates an inherent risk for ongoing rental collections. At December 31, 2017, Ability Housing had a $753,394 cash account which exceeded the $250,000 federally insured amount by $503,394. At December 31, 2017 Ability Housing had investment accounts totaling $1,284,655. The investment accounts are insured by the Securities Investor Protection Corporation up to $500,000, including a $100,000 limit on cash. Ability Mayfair and Ability Oakland's sole asset is their apartment complex. Their operations are concentrated in the multi -family real estate market. In addition, Ability Mayfair and Ability Oakland operate in a heavily regulated environment. The operations of Ability Mayfair and Ability Oakland are subject to the administrative directives, rules, and regulations of federal, state and local regulatory agencies. Such administrative directives, rules, and regulations are subject to change. Such changes may occur with little notice or inadequate funding to pay for the related cost, including the additional administrative burden, to comply with a change. 13. Operating Reserves and Deposits The following deposits are required to be maintained in accordance with the Ability Mayfair II, LLC operating agreement at December 31, 2017 and 2016: Operating reserve Revenue deficit reserve Services reserve Wind damage reserve 2017 2016 $ 180,264 $ 179,634 543,513 541,614 40,445 40,399 25,265 25,249 $ 789,487 $ 786,896 -21 - Ability Housing, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31, 2017 and 2016 The following deposit is maintained in accordance with Renaissance Village's Neighborhood Stabilization Program loan. Operating reserve 2017 2016 $ 350,000 $ 350,000 The following deposit is maintained in accordance with Village on Wiley's operating agreement. Operating deficit reserve 2017 2016 $ 444,291 $ 444,203 The following deposit is maintained in accordance with Ability Oakland II, LLC's operating agreement. Operating reserve 2017 2016 $ 240,541 $ 239,342 Other deposits totaling $634,118 consist of mortgage escrows, security deposits and replacement reserves. 14. Internal Designations of Net Assets Ability Housing has internally designated a portion of unrestricted net assets as follows: Agency operating reserves CASA operating reserves CASA replacement reserves CASA wind storm reserve Renaissance Village wind storm reserve 15. Commitment and Contingencies $ 637,505 49,828 77,650 25,000 25,000 $ 814,983 The Affiliates' low income housing credits are contingent on its ability to maintain compliance with applicable sections of Section 42. Failure to comply with occupant eligibility, and/or unit gross rent or to correct noncompliance within a specified time period could result in recapture of previously taken tax credits plus interest. In addition, such potential noncompliance may require an adjustment to the contributed capital by the investor member. -22- Ability Housing, Inc. and Affiliates (a non-profit organization) Notes to the Consolidated Financial Statements December 31, 2017 and 2016 16. Property Management Fees Ability Housing has a new agreement with an external management company to perform management services at Renaissance Village Apartments at 5% of rent and related income effective May 2016. The agreement expires 2018 but automatically renews unless terminated. The prior management company withdrew operations from the geographic area. The prior management company earned fees at $32.50 per unit, per month. Management fees paid were $13,562 and $15,258 for the periods ending December 31, 2017 and 2016, respectively. Ability Mayfair II contracted with a new external management company to perform management services at 5% of rent and related income effective May 2016. The management contract expires in 2018, but automatically renews unless terminated. The prior management company withdrew operations from the geographic area. The prior management company earned fees at $32.50 per occupied unit. Total management fees paid were $25,573 and $26,829 for the years ended December 31, 2017 and 2016, respectively. Ability Oakland II contracted with a new external management company to perform management services at 5% of rent and related income effective May 2016. The management contract expires in 2018, but automatically renews unless terminated. The prior management company withdrew operations from the geographic area. Management fees paid were $28,103 and $26,176 for the periods ended October 31, 2016 and 2015, respectively. Village on Wiley contracted with a new external management company to perform services at the greater of 5% per month of all rent and related income effective May 2016. The management contract expires in 2018 but automatically renews unless terminated. The prior management company withdrew operations from the geographic area. Management fees paid were $16,250 and $15,371 for the periods ending December 31, 2017 and 2016, respectively. - 23 - SUPPLEMENTARY INFORMATION Ability Housing, Inc. and Affiliates (a non-profit organization) Schedule of Expenditures of Federal Awards and State Financial Assistance and Other Awards Year ended December 31, 2017 Federal Grantor/Pass-through Program Grantor/Program Title Period HUD Continuum of Care Program 1/l/17-12/31/17 HUD Continuum of Care Program 12/l/16-11/30/17 HUD Continuum of Care Program 1/1/17-12/31/17 HUD Continuum of Care Program 12/l/17-11/30/18 HUD Continuum of Care Program 11/30/16-11/30/17 HUD Continuum of Care Program 1 / 1 / 16-12/31 / 16 HUD Capacity Building for Community Development and Affordable Housing through Local Initiative Support Corporation 10/1/16-9/30/17 HUD Capacity Building for Community Development and Affordable Housing through Local Initiative Support Corporation 6/l/2017-6/30/18 HUD Capacity Building for Community Development and Affordable Housing through Enterprise Community Partners, Inc. 10/1/17-9/30/18 HUD Emergency Solutions through City of Jacksonville 10/l/17-9/30/18 Total Federal State Financial Assistance - Challenge Florida Department of Children & Families - Challenge Grant through Changing Homeless, Inc. 3/l/17-6/30/17 Division of Emergency Management 3/l/17-6/30/17 Mental Health & Substance Abuse Services through Lutheran Social Services 12/l/15-6/30/18 Total Federal and State Assistance Programs CFDA CFAS Number 14.267 14.267 14.267 14.267 14.267 14.267 Transfer Award to Amount Expenditures Subrecipients $ 216,025 $ 216,025 $ 38,600 142,506 142,506 - 348,696 348,696 28,820 348,696 14,048 - 486,981 486,981 85,581 375,520 326,921 35,500 1,918,424 1,535,177 188,501 14.252 40,000 40,000 14.252 $ 20,000 20,000 14.252 25;000 85,000 14.231 DPZ 26 RCMP 2017-066 75,000 33,509 194,000 25,000 85,000 42,938 1,663,115 33,509 157,647 LS 044 350,000 204,241 577,509 395,397 It n5Q sip 188,501 -24- Ability Housing, Inc. and Affiliates (a non-profit organization) Schedule of Expenditures of Federal Awards and State Financial Assistance and Other Awards Year ended December 31, 2017 Note A - Basis of Presentation The accompanying schedule of expenditures of federal awards and state financial assistance includes the federal award activity of Ability Housing, Inc. and Affiliates under programs of the federal government for the year ended December 31, 2017. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) and as described in Chapter 10.650 Rules of the Auditor General. Because the Schedule presents only a selected portion of the operations of Ability Housing, Inc. and Affiliates, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization. Note B - Summary of Significant Accounting Policies Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Note C - Indirect Cost Rate Ability Housing, Inc. and Affiliates has elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. -25- Ability Housing, Inc. and Affiliates (a non-profit organization) Schedule of Findings and Questioned Costs — Federal Programs and State Projects For the Years then ended December 31, 2017 Section I - Summary of Independent Auditor's Results Financial Statements Type of auditor's report issued: Internal control over financial reporting: • Material weakness(es) identified? • Significant deficiency(ies) identified that are Not considered to be material weaknesses? Unmodified Yes X No Yes X None reported • Noncompliance material to financial statements noted? Yes _XNo Federal Awards and State Projects Internal control over the major program: • Material weakness(es) identified? • Significant deficiency(ies) identified that are Not considered to be material weaknesses? Type of auditor's report issued on compliance for the major program: Yes X No Yes X None reported Unmodified Any audit findings disclosed that are required to be reported in accordance with 2 CFR section 200.516(a) or Chapter 10.656? Yes X No Identification of major program: CFDA Number Name of Federal Pro am or Cluster 14.267 HUD Continuum of Care Programs Dollar threshold used to distinguish between type A and type B programs: $750,000 Auditee qualified as low -risk auditee? X Yes No Identification of state major programs: CSFA Number Name of State Proiect LSO44 Mental Health & Substance Abuse Services Dollar threshold used to distinguish between type A and type B programs: $300,000 -26- Ability Housing, Inc. and Affiliates (a non-profit organization) Schedule of Findings and Questioned Costs — Federal Programs and State Projects For the Years then ended December 31 2017 Section II — Financial Statement Findings There were no financial statement findings reported during the 2017 audit. Section III — Federal Award Findings and Questioned Costs There were no federal award findings or questioned costs reported during the 2017 audit. Section IV — Other Items No Summary of Prior Audit Findings is required because there were no prior audit findings related to federal programs or state projects. -27- Ability Housing, Inc. and Affiliates (a non-profit organization) Consolidating Statement of Financial Position December 31, 2017 Assets Cash and cash equivalents Investments Grants receivable Other receivables Restricted deposits and reserves Construction in process Prepaid expenses Organizational costs, net of accumulated amortization of $21,560 Property and equipment, net of accumulated depreciation of $5,732,314 Total assets Ability Ability Ability Housing, Mayfair II, Oakland II, Inc. LLC LLC Eliminations Combined Totals $ 962,685 $ 165,065 $ 72,614 $ - $ 1,200,364 1,284,655 - - - 1,284,655 70,628 - - - 70,628 2,499,871 3,199 8,140 (2,260,801) 250,409 998,617 998,144 464,676 - 2,461,437 2,002,011 - - 2,002,011 136,280 9,893 27,760 - 173,933 - - 159,075 - 159,075 13,008,746 10,660,092 8,359,614 (2,791,259) 29,237,193 $ 20,963,493 $ 11,836,393 $ 9,091,879 $ (5,052,060) $ 36,839,705 Ability Housing, Inc. and Affiliates (a non-profit organization) Consolidating Statement of Financial Position December 31. 2017 Ability Ability Ability Housing, Mayfair II, Oakland II, Inc. LLC LLC Eliminations Combined Totals Liabilities and net assets Liabilities: Accounts payable $ 188,390 $ 11,883 $ 602 $ - $ 200,875 Accrued expenses 49,903 17,628 374,506 (309,041) 132,996 Deferred income 46,981 3,239 7,568 - 57,788 Related party payables - 111,917 374,785 (486,702) - Security deposits 32,302 31,907 7,805 72,014 Current portion of long-term debt 933,840 165,750 31,569 - 1,131,159 Long-term debt 14,000,524 5,671,669 3,183,082 (1,465,058) 21,390,217 Total liabilities 15,251,940 6,013,993 3,979,917 (2,260,801) 22,985,049 Unrestricted net assets 5,711,553 5,822,400 5,111,962 (2,791,259) 13,854,656 Total liabilities and net assets $ 20,963,493 $ 11,836,393 $ 9,091,879 $ (5,052,060) $ 36,839,705 -29- Ability Housing, Inc. and Affiliates (a non-profit organization) Consolidating Statement of Activities Year ended December 31, 2017 Ability Ability Ability Housing, Mayfair II, Oakland II, Inc. LLC LLC Eliminations Combined Totals Revenues and support Leasing, housing assistance, and other program income $ 814,705 $ 520,616 $ 563,480 $ - $ 1,898,801 Contributions 705,800 - _ - 705,800 Grants - government 2,058,512 - - 2,058,512 Grants - other 140,059 - _ _ 140,059 Debt forgiveness 362,440 165,750 _ - 528,190 Other 234,439 3,149 1,291 (70,188) 168,691 Total contributions, grants and revenue 4,315,955 689,515 564,771 (70,188) 5,500,053 Expenses 4,088,604 784,373 856,204 (132,946) 5,596,235 Change in unrestricted net assets 227,351 (94,858) (291,433) 62,758 (96,182) Net assets, beginning of year 5,484,202 5,917,258 5,403,395 (2,854,017) 13,950,838 Net assets, end of year $ 5,711,553 $ 5,822,400 $ 5,111,962 $ (2,791,259) $ 13,854,656 -30- Ability Housing, Inc. and Affiliates (a non-profit organization) Consolidating Statement of Functional Expenses Year ended December 31. 2017 Salaries and wages Payroll taxes Employee benefits Leasing and housing assistance Repairs and maintenance Professional services Telephone and utilities Memberships, meeting, and training Insurance Office expense Rent Marketing Bad debts Interest Taxes and licenses Postage Miscellaneous expense Depreciation and amortization Total expenses Ability Housing, Inc. Ability Mayfair II, LLC Ability Oakland II, LLC Eliminations Combined Totals $ 959,668 $ 70,753 $ 76,372 $ - $ 1,106,793 68,944 5,755 4,878 - 79,577 80,606 5,595 10,449 - 96,650 1,109,218 82,103 91,699 1,283,020 1,730,650 - - - 1,730,650 165,817 101,551 95,094 - 362,462 161,357 42,543 42,606 - 246,506 134,992 107,521 65,917 - 308,430 114,998 398 1,385 - 116,781 85,125 34,013 66,401 - 185,539 36,595 42,524 20,269 - 99,388 30,243 - - - 30,243 27,691 - - - 27,691 21,008 13,460 7,328 - 41,796 14,565 4,210 148,871 (70,188) 97,458 5,744 46,049 47,490 - 99,283 3,357 367 - - 3,724 22,689 562 5,279 - 28,530 3,664,049 475,301 592,339 (70,188) 4,661,501 424,555 309,072 263,865 (62,758) 934,734 $ 4,088,604 $ 784,373 $ 856,204 $ (132,946) $ 5,596,235 -31- Ability Housing, Inc. and Affiliates (a non-profit organization) Consolidating Statement of Cash Flows Year ended December 31, 2017 Ability Ability Housing, Mayfair II, Inc. LLC Cash flows from operating activities Change in unrestricted net assets $ 227,352 Depreciation and amortization 424,555 Realized gain on sale of investments (196,369) Unrealized loss on investments 59,024 Debt forgiveness (362,440) Decrease (increase) in grants and other receivables (196,209) Decrease in prepaid expenses (113,867) Increase (decrease) in accounts payable and accrued expenses 133,041 Increase (decrease) deferred revenue 28,565 Increase (decrease) due to affiliate - Net cash provided by operating activities Cash flows from investing activities Proceeds from sale of investments Purchase of investments and fees Increase in restricted deposits and reserves Increase in construction in process Purchases of property and equipment Increase (decrease) in security deposits liability Net cash used by investing activities Ability Oakland II, LLC Eliminations Combined Totals $ (94,858) $ (291,433) $ 62,757 $ (96,182) 309,072 263,865 (62,757) 934,735 - - - (196,369) - - 59,024 (165,750) - - (528,190) 8,382 (2,961) 71,298 (119,490) 9,137 (4,737) - (109,467) 7,307 67,416 (67,090) 140,674 (7,917) 5,680 - 26,328 4,208 - (4,208) - 3,652 69,581 37,830 1,186,013 - - (1,185,327) - - (23,090) (18,439) (11,170) (1,127,969) - (175,928) - (20,936) 1,387 (563) (1,347,237) (17,052) (11,733) -32- 111,063 - 1,186,013 - (1,185,327) - (52,699) - (1,127,969) (175,928) (20,112) (1,376,022) Ability Housing, Inc. and Affiliates (a non-profit organization) Consolidating Statement of Cash Flows Year ended December 31, 2017 Ability Ability Housing, Mayfair II, Inc. LLC Cash flows from financing activities Proceeds from long-term debt 664,112 Repayments of long-term debt (43,355) Net cash provided by financing activities 620,757 Decrease in cash and cash equivalents (722,828) Ability Oakland II, LLC (30,371) - (30,371) 52,529 (4,274) Eliminations Combined Totals Cash and cash equivalents - beginning of period 1,685,513 112,536 76,888 Cash and cash equivalents - end of period $ 962,685 $ 165,065 $ 72,614 $ Supplemental disclosures: Interest paid $ 14,565 $ - $ Income taxes paid N/A N/A -33- 664,112 (73,726) 590$86 (674,573) 1,874,937 $ 1,200,364 81,881 $ - $ 96,446 N/A N/A N/A RALSTON & COMPANY, P.A. CERTIFIED PUBLIC ACCOUNTANTS 6777 SAN JOSE BOULEVARD, SUITE 600 JACKSONVILLE, FLORIDA 32217-4213 R. BRUCE SHEALY MICHAEL R. RITCH KEVIN M. FRITZ JON E CORNAIRE ROBERTE RALSTON (1921 - 1986) BERT J. PITTMAN, JR. (RETIRED) TELEPHONE (904) 730-0440 FAX (904) 730-0993 EMAIL cpas®ralstonco.com INDEPENDENT AUDITOR'S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF CONSOLIDATED FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT A UDITING STANDARDS To the Board of Directors Ability Housing, Inc. and Affiliates Jacksonville, Florida We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the consolidated financial statements of Ability Housing, Inc. and Affiliates, which comprise the consolidated statements of financial position as of December 31, 2017 and 2016, and the related consolidated statements of activities, and cash flows for the years then ended, and the related notes to the consolidated financial statements, and have issued our report thereon dated April 24, 2018. Internal Control Over Financial Reporting In planning and performing our audits of the consolidated financial statements, we considered Ability Housing, Inc. and Affiliates' internal control over financial reporting (internal control) to determine the audit procedures that are appropriate in the circumstances for the purpose of expressing our opinion on the consolidated financial statements, but not for the purpose of expressing an opinion on the effectiveness of Ability Housing, Inc. and Affiliates' internal control. Accordingly, we do not express an opinion on the effectiveness of Ability Housing, Inc. and Affiliates' internal control. A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity's financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance. Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies. Given these limitations, during our audits we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified. Compliance and Other Matters As part of obtaining reasonable assurance about whether Ability Housing, Inc. and Affiliates' consolidated financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and material affect on the determination of consolidated financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audits, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards. Purpose of this Report The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the entity's internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the entity's internal control and compliance. Accordingly, this communication is not suitable for any other purpose. fat6�q- 1,em , PA April 242018 RALSTO N & COMPANY, P.A. CERTIFIED PUBLIC ACCOUNTANTS 8777 SAN JOSE BOULEVARD, SUITE 600 JACKSONVILLE, FLORIDA 32217-4213 ROBERT E. RALSTON R. BRUCE SHEALY MICHAEL R. RITCH (1921 - 1966) KEVIN M, FRITZ BERT J. PITTMAN, JR. JON E. CORNAIRE (RETIRED) TELEPHONE (904) 730-0440 FAX (904) 730-0993 EMAIL cpas®ralstonco.com INDEPENDENT AUDITOR'S REPORT ON COMPLIANCE FOR EACH MAJOR PROGRAM AND ON INTERNAL CONTROL OVER COMPLIANCE RE UIRED BY THE UNIFORM GUIDANCE AND CHAPTER 10.650 RULES OF THE AUDITOR GENERAL To the Board of Directors Ability Housing, Inc. and Affiliates Jacksonville, Florida Report on Compliance for Each Major Federal Program and Major State Project We have audited Ability Housing, Inc. and Affiliates' compliance with the types of compliance requirements described in the OMB Compliance Supplement and described in Department of Financial Services State Projects Compliance Supplement that could have a direct and material effect on each of Ability Housing, Inc. and Affiliates' major federal programs for the year ended December 31, 2017. Ability Housing, Inc. and Affiliates' major federal programs are identified in the summary of auditor's results section of the accompanying schedule of findings and questioned costs. Management's Responsibility Management is responsible for compliance with the requirements of laws, regulations, contracts, and grants applicable to its federal programs and state projects, Auditor's Responsibility Our responsibility is to express an opinion on compliance for each of Ability Housing, Inc. and Affiliates' major federal programs based on our audit of the types of compliance requirements referred to above. We conducted our audit of compliance in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; the audit requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), Rules of the Auditor General Chapter 10.650 Florida Single Audit Acts Nonprofit and For -Profit Organizations. Those standards and the Uniform Guidance require that we plan and perform the audit to obtain reasonable assurance about whether noncompliance with the types of compliance requirements referred to above that could have a direct and material effect on a major federal program occurred. An audit includes examining, on a test basis, evidence about Ability Housing, Inc. and Affiliates' compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. We believe that our audit provides a reasonable basis for our opinion on compliance for each major federal program. However, our audit does not provide a legal determination on Ability Housing, Inc. and Affiliates' compliance. Opinion on Each Major Federal Program In our opinion, Ability Housing, Inc. and Affiliates complied, in all material respects, with the types of compliance requirements referred to above that could have a direct and material effect on each of its major federal programs and state projects for the year ended December 31, 2017. Report on Internal Control Over Compliance Management of Ability Housing, Inc. and Affiliates is responsible for establishing and maintaining effective internal control over compliance with the types of compliance requirements referred to above. In planning and performing our audit of compliance, we considered Ability Housing, Inc. and Affiliates' internal control over compliance with the types of requirements that could have a direct and material effect on each major federal program and state project to determine the auditing procedures that are appropriate in the circumstances for the purpose of expressing an opinion on compliance for each major federal program and to test and report on the internal control over compliance in accordance with Uniform Guidance and Rules of the Auditor General Chapter 10.650, Florida Single Audit Acts Audits of Nonprofit and For -Profit Organizations, but not for the purpose of expressing an opinion on the effectiveness of internal control over compliance. Accordingly, we do not express an opinion on the effectiveness of Ability Housing, Inc. and Affiliates' internal control over compliance. A deficiency in internal control over compliance exists when the design or operation of a control over compliance does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, noncompliance with a type of compliance requirement of a federal program on a timely basis. A material weakness in internal control over compliance is a deficiency, or combination of deficiencies, in internal control over compliance, such that there is a reasonable possibility that material noncompliance with a type of compliance requirement of a federal program will not be prevented, or detected and corrected, on a timely basis. A significant deficiency in internal control over compliance is a deficiency, or a combination of deficiencies, in internal control over compliance with a type of compliance requirement of a federal program that is less severe than a material weakness in internal control over compliance, yet important enough to merit attention by those charged with governance. Our consideration of internal control over compliance was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control over compliance that might be material weaknesses or significant deficiencies. We did not identify any deficiencies in internal control over compliance that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified. The purpose of this report on internal control over compliance is solely to describe the scope of our testing of internal control over compliance and the results of that testing based on the requirements of the Uniform Guidance. Accordingly, this report is not suitable for any other purpose. April 24, 2018 ABILITY HOUSING, INC. AND AFFILIATES CONSOLIDATED FINANCIAL STATEMENTS (WITH SUPPLEMENTAL INFORMATION) AND INDEPENDENT AUDITOR'S REPORT DECEMBER 31, 2018 AND 2017 TIDWELL group Ability Housing, Inc. and Affiliates TABLE OF CONTENTS PAGE INDEPENDENT AUDITOR'S REPORT 4 CONSOLIDATED FINANCIAL STATEMENTS CONSOLIDATED STATEMENTS OF FINANCIAL POSITION 7 CONSOLIDATED STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS 8 CONSOLIDATED STATEMENTS OF FUNCTIONAL EXPENSES 9 CONSOLIDATED STATEMENTS OF CASH FLOWS 11 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 13 SUPPLEMENTAL INFORMATION CONSOLIDATING STATEMENT OF FINANCIAL POSITION 41 CONSOLIDATING STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS 42 CONSOLIDATING STATEMENT OF FUNCTIONAL EXPENSES 43 CONSOLIDATING STATEMENT OF CASH FLOWS 44 SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS, STATE FINANCIAL ASSISTANCE AND OTHER AWARDS 46 NOTES TO SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS, STATE FINANCIAL ASSISTANCE AND OTHER AWARDS 47 (continued) Ability Housing, Inc. and Affiliates TABLE OF CONTENTS - CONTINUED INDEPENDENT AUDITOR'S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GO VERNMENTA UDITING STANDARDS 48 INDEPENDENT AUDITOR'S REPORT ON COMPLIANCE FOR EACH MAJOR FEDERAL PROGRAM AND ON INTERNAL CONTROL OVER COMPLIANCE REQUIRED BY THE UNIFORM GUIDANCE SCHEDULE OF FINDINGS AND QUESTIONED COSTS 50 52 SUMMARY OF PRIOR YEAR FINDINGS AND QUESTIONED COSTS (UNAUDITED) 53 TIDWELL group INDEPENDENT AUDITOR'S REPORT To the Board of Directors Ability Housing, Inc. and Affiliates Jacksonville, Florida Report on the Consolidated Financial Statements We have audited the accompanying consolidated financial statements of Ability Housing, Inc. (a nonprofit organization) and Affiliates, which comprise the consolidated statement of financial position as of December 31, 2018, and the related consolidated statements of activities and changes in net assets, functional expenses, and cash flows for the year then ended, and the related notes to the consolidated financial statements. Management's Responsibility for the Consolidated Financial Statements Management is responsible for the preparation and fair presentation of these consolidated financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of consolidated financial statements that are free from material misstatement, whether due to fraud or error. Auditor's Responsibility Our responsibility is to express an opinion on these consolidated financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the consolidated financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the consolidated financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the consolidated financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the consolidated financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements. Atlanta I Austin I Birmingham I Columbus We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Opinion In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of Ability Housing, Inc. and Affiliates, as of December 31, 2018, and the changes in its net assets and its cash flows for the year then ended, in accordance with accounting principles generally accepted in the United States of America. Other Matters The consolidated financial statements of Ability Housing, Inc. and Affiliates, as of December 31, 2017, were audited by other auditors whose report dated April 24, 2018 expresses an unmodified opinion on those statements. Restatement of Prior Period Consolidated Financial Statements The financial statements of Ability Mayfair II, LLC, as of December 31, 2017, were audited by other auditors whose report dated March 9, 2018 expressed an unmodified opinion on those statements. As described in Note 1 and Note 2, under the principles of consolidation, Ability Mayfair II, LLC is a consolidated entity of Ability Housing, Inc. and Affiliates. As disclosed in Note 21, Ability Mayfair II, LLC has restated its 2017 account balances during the current year to correct certain misstatements, in accordance with accounting principles generally accepted in the United States of America. The other auditors reported on the 2017 financial statements before the restatement. As part of our audit of the 2018 financial statements, we also audited adjustments described in Note 21. In our opinion, such adjustments are appropriate and have been properly applied. We were not engaged to audit, review, or apply any procedures to the 2017 financial statements of Ability Mayfair II, LLC or 2017 consolidated financial statements of Ability Housing, Inc. and Affiliates other than with respect to the adjustments and, accordingly, we do not express an opinion or any other form of assurance on the 2017 financial statements of Ability Mayfair II, LLC or the 2017 consolidated financial statements of Ability Housing, Inc. and Affiliates as a whole. Report on Supplemental Information Our audit was conducted for the purpose of forming an opinion on the consolidated financial statements as a whole. The accompanying supplemental information on pages 41 through 45 is presented for purposes of additional analysis and is not a required part of the consolidated financial statements. The accompanying schedule of expenditures of federal awards, state financial assistance and other awards and the related notes to the schedule of expenditures of federal awards, state financial assistance and other awards, as required by Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), is presented for purposes of additional analysis and is not a required part of the consolidated financial statements. Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the consolidated financial statements. The information has been subjected to the auditing procedures applied in the audit of the consolidated financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to -5- prepare the consolidated financial statements or to the consolidated financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the information is fairly stated in all material respects in relation to the consolidated financial statements as a whole. The accompanying other information on page 53 has not been subject to auditing procedures applied in the audits of the consolidated financial statemnets, and accordingly, we do not express any opinion or provide any assurance on it. Other Reporting Requirements Required by Government Auditing Standards In accordance with Government Auditing Standards, we have also issued our report dated April 23, 2019 on our consideration of Ability Housing, Inc. and Affiliates' internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters. The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering Ability Housing, Inc. and Affiliates' internal control over financial reporting and compliance. Atlanta, Georgia April 23, 2019 962 Ability Housing, Inc. and Affiliates CONSOLIDATED STATEMENTS OF FINANCIAL POSITION December 31, 2018 and 2017 ASSETS Cash and cash equivalents Investments Grants receivable Other receivables Restricted deposits and reserves Construction in process Prepaid expenses Other assets Property and equipment, net of accumulated depreciation of $6,653,418 and $5,732,314, respectively Total assets LIABILITIES Accounts payable Accrued expenses Deferred revenue Construction costs payable Security deposits Line of credit Long-term debt Total liabilities 2018 2017 (as restated) $ 1,508,515 $ 1,200,364 1,171,649 1,284,655 49,304 70,628 110,214 250,409 2,858,984 2,461,437 14,630,351 2,002,011 183,708 173,933 - 39,722 30,254,519 29,237,193 $ 50,767,244 $ 36,720,352 LIABILITIES AND NET ASSETS NET ASSETS Controlling interest in net assets without donor restrictions - internally designated Controlling interest in net assets without donor restrictions Noncontrolling interest in net assets without donor restrictions Net assets without donor restrictions Total net assets Total liabilities and net assets 2018 2017 (as restated) $ 91,094 $ 200,875 123,837 132,996 556,329 510,104 5,449,249 - 74,178 72,014 250,000 - 26,239,054 22,402,023 32,783,741 23,318,012 814,983 814,983 1,407,827 1,934,673 15,760,693 10,652,684 17,983,503 13,402,340 17,983,503 13,402,340 $ 50,767,244 $ 36,720,352 See notes to consolidated financial statements. -7- Ability Housing, Inc. and Affiliates CONSOLIDATED STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS Years ended December 31, 2018 and 2017 Change in net without donor restrictions: Contributions, grants and revenues Leasing, housing assistance and other program income Contributions Grants - governmental Debt forgiveness Other income Total contributions, grants and revenues Expenses Program services Management and general Fundraising Total expenses Change in net assets without donor restrictions Contributions to consolidated subsidiaries - noncontrolling interest Net assets, beginning of year, as restated Net assets, end of year Noncontrolling interest in subsidiaries, beginning of year Contributions to consolidated subsidiaries - noncontrolling interest Noncontrolling interest in subsidiaries' loss Controlling interest net assets, end of year 2018 2017 (as restated) $ 1,903,829 $ 1,898,801 558,745 885,859 2,123,634 2,018,512 482,044 452,804 27,814 168,691 5,096,066 5,424,667 5,631,960 5,268,561 116,692 229,337 101,081 98,337 5,849,733 5,596,235 (753,667) (171,568) 5,334,830 - 13,402,340 13,573,908 17,983,503 13,402,340 (10,652,684) (11,051,563) (5,334,830) - 226,821 398,879 $ 2,222,810 $ 2,749,656 See notes to consolidated financial statements. Ability Housing, Inc. and Affiliates CONSOLIDATED STATEMENTS OF FUNCTIONAL EXPENSES Year ended December 31, 2018 Supporting Services Management and Program Services General Fundraising Total Salaries and wages $ 1,108,947 $ 37,696 $ 44,173 $ 1,190,816 Payroll taxes 69,823 8,655 5,564 84,042 Employee benefits 95,692 9,896 6,362 111,950 1,274,462 56,247 56,099 1,386,808 Leasing and housing assistance 1,788,812 - - 1,788,812 Repairs and maintenances 402,635 - - 402,635 Telephone and utilities 300,504 1,849 1,189 303,542 Professional services 228,119 12,548 8,067 248,734 Insurance 164,568 2,293 1,474 168,335 Memberships, meetings, and training 73,739 11,743 7,549 93,031 Office expense 81,394 7,056 4,536 92,986 Taxes and licenses 76,634 76 49 76,759 Interest 99,256 - - 99,256 Bad debts 30,043 53 34 30,130 Rent 32,814 5,966 3,835 42,615 Marketing 7,006 1,217 6,906 15,129 Postage 2,702 148 95 2,945 Miscellaneous expense 150,089 16,327 10,496 176,912 4,712,777 115,523 100,329 4,928,629 Depreciation and amortization 919,183 1,169 752 921,104 Total expenses $ 5,631,960 $ 116,692 $ 101,081 $ 5,849,733 (continued) Ability Housing, Inc. and Affiliates CONSOLIDATED STATEMENTS OF FUNCTIONAL EXPENSES - CONTINUED Salaries and wages Payroll taxes Employee benefits Leasing and housing assistance Repairs and maintenances Telephone and utilities Professional services Insurance Memberships, meetings, and training Office expense Taxes and licenses Interest Bad debts Rent Marketing Postage Miscellaneous expense Depreciation and amortization Total expenses Year ended December 31, 2017 Supporting Services Management and Program Services General $ 968,444 $ 94,077 69,632 6,763 84,569 8,215 1,122,645 109,055 1,730,650 - 362,462 - 299,412 9,018 192,275 36,976 166,985 18,554 93,425 23,356 79,510 19,878 99,283 - 97,458 - 41,796 - 24,194 6,049 908 745 22,824 5,706 4,333,827 229,337 934,734 - Fundraising $ 44,272 3,183 3,866 51,321 $ 5,268,561 $ 229,337 $ See notes to consolidated financial statements. 17,255 27,691 2,070 98,337 Total $ 1,106,793 79,578 96,650 1,283,021 1,730,650 362,462 308,430 246,506 185,539 116,781 99,388 99,283 97,458 41,796 30,243 27,691 3,723 28,530 4,661,501 934,734 98,337 $ 5,596,235 -10- Ability Housing, Inc. and Affiliates CONSOLIDATED STATEMENTS OF CASH FLOWS Years ended December 31, 2018 and 2017 Cash flows from operating activities: Change in net assets without donor restrictions Adjustments to reconcile change in net assets without donor restrictions to net cash provided by operating activities Depreciation Amortization of debt issuance costs Realized gain on sale of investments Unrealized loss on investments Debt forgiveness Write-off of other asset (Increase) decrease in operating assets Grant and support receivable Other receivables Restricted deposits and reserves Prepaid expenses Increase (decrease) in operating liabilities Accounts payable and accrued expenses Security deposit liability Deferred revenue Net cash (used by) provided by operating activities Cash flows from investing activities: Increase in construction in process Proceeds from sale of investments Purchase of investments and fees Net deposits to escrows and reserves Purchases of property and equipment Net cash used in investing activities (continued) 2018 $ (753,667) 921,104 3,590 (3,517) 114,513 (482,044) 39,722 21,324 140,195 (33,626) (9,775) (118,940) 2,164 (29,161) 2017 (as restated) $ (171,568) 931,145 3,590 (196,369) 59,024 (452,804) (20,464) (99,026) (109,467) 140,674 (20,112) 26,328 (188,118) 90,951 (7,179,091) 131,719 (129,709) (363,921) (1,938,430) (9,479,432) (1,127,969) 1,186,013 (1,185,327) (52,699) (175,928) (1,355,910) -11- Ability Housing, Inc. and Affiliates CONSOLIDATED STATEMENTS OF CASH FLOWS - CONTINUED Years ended December 31, 2018 and 2017 Cash flows from financing activities: Proceeds from borrowings Repayment of debt Contributions to consolidated subsidiaries - noncontrolling interest Net cash provided by financing activities Net increase in cash and equivalents Cash and equivalents at beginning of the year Cash and equivalents at end of year Supplemental disclosure of cash flow information: Cash paid during the year for interest, net of amounts capitalized Supplemental schedule of non -cash investing and financing activities Debt forgiveness Deferred revenue Debt forgiveness revenue Construction costs payable Construction in process 2018 2017 (as restated) $ 5,845,306 $ 664,112 (1,204,435) (73,726) 5,334,830 - 9,975,701 590,386 308,151 (674,573) 1,200,364 1,874,937 $ 1,508,515 1,200,364 $ 93,401 96,446 $ (557,430) $ (165,750) 75,386 75,386 482,044 90,364 5,449,249 - (5,449,249) - See notes to consolidated financial statements. -12- Ability Housing, Inc. and Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS December 31, 2018 and 2017 NOTE 1 - ORGANIZATION AND NATURE OF OPERATIONS Ability Housing, Inc. (Ability Housing or the Organization) is a tax-exempt, 501(c)(3) non- profit organization incorporated in the State of Florida in 1992 (then named Grove House of Jacksonville, Inc.). In 2004, Ability Housing revised its mission and focus from that of a service organization interested in affordable housing to that of an organization dedicated solely to the development and operation of quality, affordable and supportive housing. In 2015, at the request of the community, Ability Housing expanded to also serve Central Florida. Because of this expansion, in 2016 the organization changed its name to Ability Housing, Inc. The mission of Ability Housing is to build strong communities where everyone has a home. Ability Housing's vision is a society where housing is a right, not a privilege, and all individuals have safe, affordable housing in vibrant communities. To fulfill its mission, Ability Housing develops and operates quality affordable and supportive rental housing, provides rental assistance so residents can afford market apartments, and coordinates supportive services for tenants. Ability Housing operates the following programs: CASA is a scattered -site project consisting of 29 single-family and multi -family homes dispersed throughout Jacksonville, Florida. CASA utilizes a shared -housing model which is designed specifically for adults with disabilities wishing to live independently with roommates. The 29 homes provide housing to 60 or more adults with a disability, the majority of which are developmental. The Villages Program consists of quality, multi -family, rental properties targeted to formerly homeless, very low and extremely low-income individuals and families. The Villages Program is dedicated to fostering the dignity, increased independence and self- sufficiency of all of its residents. Individualized support services are offered to all residents to allow them to maintain their housing and access community -based services. Through Continuum of Care grants some units are targeted to individuals and families that have been chronically homeless. The Villages Program currently consists of four properties in Duval County. Three additional projects are in development, two of which are in Orange County and one is in Duval County. These three entities are Ability Mercy, LLC (Ability Mercy), Ability Londontowne, LLC (Ability Londontowne) and Ability WDC, LLC (Ability WDC). The Villages Program also assists two other non -profits in securing financing to construct three supportive housing properties in Duval and Pasco Counties. The four Villages Program properties currently in operation are: Mayfair Village Apartments is an 83-unit apartment complex located on Jacksonville's Southside. 42 units are reserved for extremely low-income (earning less than 30% of Area Median Income (AMI) households and 41 units are restricted to very low-income (earning less than 50% of AMI) households. Of the total apartments, 42 are restricted to formerly homeless individuals and families. Mayfair Village is owned by Ability Mayfair II, LLC (Ability Mayfair). Ability Housing is a 0.01% owner of Ability Mayfair and is the managing member and exercises effective control. Accordingly, the LLC is consolidated for financial -13- Ability Housing, Inc. and Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 statement reporting in accordance with accounting principles generally accepted in the United States (GAAP). Mayfair Village Apartments was acquired and rehabilitated utilizing low-income housing tax credit equity, a Tax Credit Exchange Program forgivable loan, a HOME Investment Partnership Program loan and a Homeless Housing Assistance Grant. Renaissance Village Apartments is a 52-unit apartment complex located in Jacksonville's Longbranch community. All units are restricted to serving persons who were homeless or at - risk households and earn 35% or less of AMI at move -in. Renaissance Village was acquired from Florida Housing Finance Corporation and rehabilitated utilizing a Neighborhood Stabilization Program forgivable loan from the City of Jacksonville. Oakland Terrace Apartments is a 60-unit apartment complex located on Jacksonville's Eastside with a Section 8 Housing Assistance Payments agreement with the U.S. Department of Housing and Urban Development (HUD); a significant portion of the property's rental income is received from HUD. 48 units are restricted to households earning 60% of AMI and 12 units are restricted to those at 30% of AMI, 6 of which are set aside for special needs households. Ability Housing has instituted a preference for all unit turn -over to be targeted to homeless families. Oakland Terrace is owned by Ability Oakland II, LLC (Ability Oakland). Ability Housing is a 0.01% owner of Ability Oakland and is the managing member and exercises effective control. Accordingly, Ability Oakland is consolidated for financial statement reporting in accordance with GAAP. Oakland Terrace was acquired and rehabilitated utilizing low-income housing tax credit equity, HUD Mortgage Restructuring and Contingent Repayment Mortgages, and conventional debt. Ability Oakland has a fiscal year-end of October 31 st. The October 31, 2018 and 2017 information is reflected in these consolidated financial statements. Village on Wiley is a 43-unit apartment complex, located on Jacksonville's Westside. All units are targeted to high utilizers of crisis services, the majority of whom have been chronically homeless. 13 units are reserved for households earning 33% or less of AMI, the remaining 30 units target households earning 50% or less of AMI. Village on Wiley is being financed by a forgivable loan from Florida Housing Finance Corporation. HousingLink serves persons that have been chronically homeless, persons with a disability and have experienced long-term or repeated episodes of homelessness. Ability Housing provides rental assistance which gives individuals the opportunity to afford market housing in the community; and contracts with area service providers to ensure each resident is provided voluntary, individualized case management services so that the household may retain their housing and increase their self-sufficiency. The Resident Enrichment program ensures that Ability Housing's residents have the supports and enrichment opportunities they need to enhance their lives. Ability Housing contracts with nonprofits in the community to provide voluntary, individualized case management services, as well as workshops and trainings for all residents. -14- Ability Housing, Inc. and Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Principles of Consolidation The accompanying consolidated financial statements include the accounts of Ability Housing, its wholly owned subsidiaries, and subsidiaries in which it has a majority ownership or less than a majority ownership interest but for which Ability Housing exercises control. These entities are included in the consolidation according to GAAP which require that entity accounts be consolidated for all limited partnerships or limited liability companies which are deemed to be controlled by Ability Housing. All significant intercompany transactions and balances have been eliminated in consolidation. Basis of Presentation The accompanying consolidated financial statements have been prepared on the accrual basis of accounting in accordance with GAAP. Net assets, support and revenues, and expenses are classified based on the existence or absence of donor -imposed restrictions. Accordingly, net assets and changes in net assets are classified and reported as follows: Without Donor Restrictions: Net assets available for use in general operations and not subject to donor restrictions. With Donor Restrictions: Net assets subject to donor -imposed restrictions. Some donor - imposed restrictions are temporary in nature, such as those that will be met by the passage of time or other events specified by the donor. Other donor -imposed restrictions are perpetual in nature, where the donor stipulates that resources be maintained in perpetuity. Donor -imposed restrictions are released when a restriction expires, that is, when the stipulated time has elapsed, when the stipulated purpose for which the resource was restricted has been fulfilled, or both. Revenues are reported as increases in net assets without donor restrictions, unless use of the related assets is limited by donor -imposed restrictions. Expenses are reported as decreases in net assets without donor restrictions. Gains and losses on investments and other assets or liabilities, are reported as increases or decreases in net assets without donor restrictions. Expirations of restrictions on net assets are reported as reclassifications between applicable net asset classes. Adoption of New Accounting - Pple In August 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2016-14, Presentation of Financial Statements of Not -for - Profit Entities. The purpose of the ASU is to improve financial reporting by not -for -profit entities and to provide more relevant information about their resources (and the changes in -15- Ability Housing, Inc. and Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 those resources) to donors, granters, creditors, and other users of the consolidated financial statements. The ASU, among other things, simplifies the classification of net assets and changes in net assets, requires not -for -profit entities to provide an analysis of expense by natural and functional classifications, and requires enhanced financial statement disclosures regarding a not -for -profit entity's liquidity and availability of resources, self-imposed or donor -imposed limits on the use of resources. The ASU is effective for annual periods beginning after December 15, 2017, with early adoption permitted, and is to be applied retrospectively to all periods presented, except for a permitted option to only provide disclosure analysis of expenses by functional classifications and liquidity and availability of resources in the period of adoption. Ability Housing adopted the ASU effective January 1, 2018. Adoption of the ASU did not result in any reclassifications or restatements to net assets or changes in net assets. Non -controlling Interest in Limited Liability CoMpanies GAAP requires consolidated subsidiaries that have non -controlling interests to include the non -controlling ownership interest in the net assets of Ability Housing. Advertising Costs The Organization's policy is to expense advertising costs when incurred. Use of Estimates The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from these estimates. Tin QtmPntc Investments are carried at fair value and any gain or loss from mark -to market accounting valuations will be recorded as an unrealized gain or loss in the consolidated statements of activities and changes in net assets. Realized gains and losses are recorded as of the trade date. Debt Issuance Costs In accordance with GAAP, debt issuance costs are presented as an offset of the related debt instruments within the liabilities section of the accompanying consolidated statements of financial position. Debt issuance costs are being amortized using the straight-line method over the term of the mortgage and amortization expense is included in interest expense on the accompanying consolidated statements of activities and changes in net assets. -16- Ability Housing, Inc. and Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 GAAP requires that the effective interest method be used to amortize debt issuance costs; however, the effect of using the straight-line method is not materially different from the results that would have been obtained under the effective interest method. Estimated amortization expense for the five ensuing years through December 31, 2023 is expected to be $3,590 annually. Accounts Receivable Grants, contracts and other accounts receivable are stated at the amount management expects to collect from outstanding balances. If amounts become uncollectible, they will be charged to the program when the determination is made. At December 31, 2018 and 2017, there was no allowance for doubtful accounts. Tenant receivables are charged to bad debt expense when they are determined to be uncollectible based upon a periodic review of the accounts by management. GAAP requires that the allowance method be used to recognize bad debts; however, the effect of using the direct write-off method for tenant receivables is not materially different from the results that would have been obtained under the allowance method. Construction in Process Construction in process is stated at cost. Property and Equipment Property and equipment are stated at cost. Donated assets are recorded at fair value. Depreciation is computed using the straight-line method over the estimated useful lives of the individual assets. Improvements are capitalized, while expenditures for maintenance and repairs are charged to expense as incurred. The estimated useful lives used in determining straight-line depreciation are: Buildings 27.5 - 40 years Building improvements 7 - 40 years Furniture, fixtures and equipment 3 - 7 years Impairment of Long -Lived Assets Ability Housing reviews its long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying value may not be recoverable. Recoverability is measured by a comparison of the carrying amount to the future net undiscounted cash flow expected to be generated and any estimated proceeds from the eventual disposition. If the long-lived asset is considered to be impaired, the impairment to be recognized is measured at the amount by which the carrying amount exceeds the fair value as determined from an -17- Ability Housing, Inc. and Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 appraisal, discounted cash flows analysis, or other valuation technique. No impairment losses were recognized during the years ended December 31, 2018 or 2017. Capitalization of Soft Costs The Organization capitalizes soft costs during the development of its projects. During the years ended December 31, 2018 and 2017, interest costs of $12,549 and $6,968, respectively, insurance costs of $215,774 and $6,968, respectively, and real estate taxes of $7,938 and $0, respectively, were capitalized and are included in construction in process on the accompanying consolidated statements of financial position. Tnr.nmP TaxPc Ability Housing is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code as confirmed in an exemption letter dated July 31, 1992. However, any unrelated business income may be subject to taxation. For the years ended December 31, 2018 and 2017, Ability Housing has no obligation for any unrelated business income tax. Ability Mayfair, Ability Oakland, Ability Mercy and Ability Londontowne are entities that have elected to be treated as pass -through entities for income tax purposes and, as such, are not subject to income taxes. Rather, all items of taxable income, deductions and tax credits are passed through to and are reported by their owners on their respective income tax returns. Each entity's federal tax status as a pass -through entity is based on their respective legal status as a limited liability company. Accordingly, the entities are not required to take any tax positions in order to qualify as pass -through entities. The individual entities are required to file and do file tax returns with the Internal Revenue Service and other taxing authorities. Accordingly, these consolidated financial statements do not reflect a provision for income taxes and the entities have no other tax positions which must be considered for disclosure. Generally, income tax returns filed by Ability Housing and its affiliates are subject to examination by the Internal Revenue Service for a period of three years. While no income tax returns are currently being examined by the Internal Revenue Service, tax years since 2015 remain open. Functional Expenses The costs of providing the various programs and supporting services have been summarized on a functional basis in the consolidated statements of activities and changes in net assets and consolidated statements of functional expenses. Certain costs attributable to more than one program or supporting function have been allocated among the programs and supporting services benefited. Expenses are allocated among program and supporting services on a basis of time and effort (such as salaries and benefits) as well as square footage (such as depreciation, office and occupancy) or other reasonable and consistent methodology. Ability Housing, Inc. and Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 Rental Income Rental income is recognized as rents become due. Rental payments received in advance are deferred until earned. All leases between the Organization and the tenants of the property are operating leases and are typically for a period of one year or less. For the years ended October 31, 2018 and 2017, Ability Oakland received $474,321 and $468,295, respectively, in HUD Section 8 subsidies. For the years ended December 31, 2018 and 2017, Ability Mayfair received subsidies from several sources totaling $143,393 and $133,988, respectively. For the years ended December 31, 2018 and 2017, Renaissance Village received subsidies from several sources totaling $61,292 and $84,035, respectively. For the year ended December 31, 2018 and 2017, Village on Wiley received subsidies from several sources totaling $226,617 and $229,481, respectively. Cash and Cash Equivalents Ability Housing considers all highly liquid debt instruments with original maturities of three months or less to be cash equivalents. All certificates of deposit are considered cash. Contributions Contributions that are restricted by the donor are reported as increases in net assets without donor restrictions if the restrictions expire (that is, when a stipulated time restriction ends or purpose restriction is accomplished) in the reporting period in which the revenue is recognized. All other donor -restricted contributions are reported as increases in net assets with donor restrictions, depending on the nature of the restrictions. When a restriction expires, net assets with donor restrictions that are temporary in nature are reclassified to net assets without donor restrictions and reported in the consolidated statements of activities as net assets released from restrictions. Recognition of Grant Revenue Ability Housing recognizes non -reimbursable grants as revenue without donor restrictions when awarded. Certain grants are received under the cost reimbursement method and are recognized in revenue without donor restrictions as reimbursable expenditures are incurred. Amounts received that are designated for future periods or restricted by the grantor are reported as donor restricted support that increases those net asset classes. However, if a restriction is fulfilled in the same time period in which the grant is received, the Organization reports the grant as support without donor restriction. Tax Credit Exchange Funds Tax credit exchange funds are accounted for as a government grant related to assets. Upon receipt, exchange funds are recorded as deferred liabilities and recognized as income over the life of the related assets. -19- Ability Housing, Inc. and Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 Forgiveness of Tax Credit Exchange Loan The Organization recognizes forgiveness of tax credit exchange loans based on the specific terms of forgiveness set forth in the loan documents. The terms of the Organization's tax credit exchange loan provide for forgiveness based on terms that are contingent and are not recognized until such contingencies are resolved. All amount of the loan for which forgiveness is recognized are considered tax credit exchange funds and accounted for as a government grant related to assets. Ground Lease The Organization accounts for a ground lease for Ability WDC as an operating lease and pays Sunsystem Development Corporation, d/b/a Florida Hospital Foundation (the Landlord) annual rent of $1 (see Note 5). Developer Fees Developer fees are recognized during construction and development based on the respective development agreements or based on percentage of completion as defined. Developer fees earned are capitalized in the respective entity's building or construction in process basis and recorded as income by Ability Housing and are eliminated in consolidation. The corresponding receivable and payable for developer fees not paid as of December 31, 2018 and 2017 are also eliminated in consolidation. Donated Materials, Long-lived Assets, Facilities & Services Donated materials are recorded as contributions at their estimated fair value at the date of donation. Long-lived assets or the use of facilities are recorded as contributions in the period received at fair value. Contributions of services are recognized in the consolidated financial statements if the services enhance or create nonfinancial assets or require specialized skills and are provided by individuals possessing those skills. Promises to Give Promises to give are recorded as revenue at net realizable value based on historical trends. Payments due in future periods are discounted to present value and recorded as net assets with donor restrictions. As of December 31, 2018 and 2017, there were no promises to give. Reclassifications Certain items from prior year consolidated financial statements have been reclassified to conform to the current year presentation. These reclassifications had no effect on the previously reported net assets or changes in net assets of the Organization. -20- Ability Housing, Inc. and Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 NOTE 3 - FAIR VALUE MEASUREMENTS Ability Housing's investments are reported at fair value in the accompanying consolidated statements of financial position. The methods used to measure fair value may produce an amount that may not be indicative of net realizable value or reflective of future fair values. Furthermore, although Ability Housing believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date. Investments at net asset value: December 31.2018 Equity mutual funds Fixed income mutual funds Hedge mutual funds Commodities Investments at net asset value: December 31, 2017 Equity mutual funds Fixed income mutual funds Hedge mutual funds Commodities Fair Value $ 691,224 267,998 165,774 46,653 $ 1,171,649 Fair Value $ 835,521 309,071 113,528 26,535 $ 1,284,655 Investments are measured at fair value using Net Asset Value (NAV) per share practical expedient and have not been categorized in a fair value hierarchy. The Organization uses the NAV to determine the fair value of mutual funds which: (a) do not have a readily determinable fair value and (b) prepare their consolidated financial statements consistent with measurement principles of an investment company or have the attributes of an investment company. -21- Ability Housing, Inc. and Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 NOTE 4 - INVESTMENTS Investments are comprised of the following: December 31, 2018 Gross Unrealized Cost Gain (Loss) Fair Value Equity mutual funds $ 722,339 $ (31,115) $ 691,224 Fixed income mutual funds 275,384 (7,386) 267,998 Hedge mutual funds 176,587 (10,813) 165,774 Commodities 53,790 (7,137) 46,653 $ 1,228,100 $ (56,451) $ 1,171,649 Realized gains and losses of sales of mutual funds for the year ended December 31, 2018 were: Gross proceeds $ 131,719 Realized gains $ 3,517 Investments are comprised of the following: December 31, 2017 Cost Equity mutual funds $ 775,191 Fixed income mutual funds 309,573 Hedge mutual funds 115,973 Commodities 25,772 $ 1,226,509 Gross Unrealized Gain (Loss) Fair Value $ 60,330 $ 835,521 (502) 309,071 (2,445) 113,528 763 26,535 $ 58,146 $ 1,284,655 Realized gains and losses of sales of mutual funds for the year ended December 31, 2017 were: Gross proceeds $ 1,186,013 Realized gains $ 196,369 NOTE 5 - GROUND LEASE Ability WDC entered into a lease agreement (the Ground Lease) with the Landlord on January 1, 2016 (the Commencement date). The lease is for 20 years with a renewal option for an additional 5 years. Under the Ground Lease, Ability WDC pays the Landlord $1 on or before the anniversary of the Commencement Date, as defined in the Ground Lease, each year. -22- Ability Housing, Inc. and Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 NOTE 6 - CONSTRUCTION IN PROCESS Construction in process at December 31, 2018 and 2017 consisted of: Village on Mercy - Orange County, new construction Wayne Densch Center - Orange County, rehabilitation Village at Hyde Park - Duval County, new construction Other projects in development NOTE 7 - PROPERTY AND EQUIPMENT A summary of property and equipment is as follows: Ability Housing - administration Land Equipment Accumulated depreciation Ability Mercy Land Ability Londontowne Land Ability Housing - CASA Scattered Sites Land Buildings and improvements Accumulated depreciation Ability Housing - Renaissance Village Land Buildings and improvements Building equipment Accumulated depreciation 2018 2018 2017 $ 10,926,491 $ 974,447 1,967,950 254,300 1,667,186 747,062 68,724 26,202 $ 14,630,351 $ 2,002,011 2017 $ 62,000 $ - 86,303 80,003 (69,025) (60,673) $ 79,278 $ 19,330 $ 1,360,000 $ - $ 498,000 $ - $ 310,062 $ 310,062 3,423,979 3,411,850 (1,252,086) (1,154,286) $ 2,481,955 $ 2,567,626 $ 110,000 $ 110,000 5,912,424 5,912,423 49,000 49,000 (997,451) (849,641) $ 5,073,973 $ 5,221,782 - 23 - Ability Housing, Inc. and Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 Ability Housing - Village on Wiley Land Buildings and improvements Equipment Accumulated depreciation Ability Mayfair II (as consolidated) Land Buildings and improvements Equipment Accumulated depreciation Ability Oakland II (as consolidated) Land Buildings and improvements Equipment Accumulated depreciation Total NOTE 8 - LINE OF CREDIT 2018 $ 285,000 5,150,472 161,862 (567,310) $ 5,030,024 $ 265,000 12,317,568 111,303 (2,812,297) $ 9,881,574 $ 230,000 6,425,106 149,858 (955,249) $ 5,849,715 $ 30,254,519 2017 $ 285,000 5,150,472 161,862 (397,326) $ 5,200,008 $ 265,000 12,317,570 111,302 (2,505,089) $ 10,188,783 $ 230,000 6,425,105 149,858 (765,299) $ 6,039,664 $ 29,237,193 The Organization has a revolving line of credit with a commercial bank in the amount of $700,000. Interest is to be accrued at the LIBOR daily floating rate plus 2.5% (5.02% at December 31, 2018). The note is secured by certain cash and investments. Payments are due upon demand. The outstanding balance at December 31, 2018 and 2017 was $250,000 and $0, respectively. As of December 31, 2018 and 2017, accrued interest was $2,367 and $0, respectively, which is included in accrued expenses on the accompanying statements of financial position. -24- Ability Housing, Inc. and Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 NOTE 9 - LONG-TERM DEBT Note payable to Florida Housing Finance Corporation (FHFC) in the amount of $750,000, to finance predevelopment costs for the Village Hyde Park project. Interest was accrued at 1 %. and paid at maturity. Maturity was the earlier of permanent financing or December 2020. The note was paid in full during 2018 when the entity received permanent financing. The note was secured by the real property. Loan from Federal Home Loan Bank of Atlanta in the amount of $400,000. No interest due. Matures 2026. The mortgage will be forgiven if all agreement requirements are met. The funds were used for rehabilitation of CASA homes. Note payable to Corporation for Supportive Housing to finance predevelopment costs for the Village on Mercy. Interest was accrued at 5.5% and paid at maturity. Maturity was the earlier of permanent financing or June 30, 2018. The note was paid in full during 2018 when the entity received permanent financing. The note was unsecured. Unsecured commercial bank loan in the amount of $250,000 with interest at 2%, paid quarterly. The note is a four year loan but has an extended due date of October 2021. At the initial four year maturity of October 2019, eight quarterly principal payments of $31,250 begin. CASA mortgage payable from Florida Housing Finance Corporation. The mortgage bears no interest. Collateral is specific real property and rent assignment. Annual principal payments of $8,400 begin December 2022 with a maturity balloon payment in December 2037. 2018 11 111 250,000 252,000 4 2017 664,112 610101010101 250,000 252,000 -25- Ability Housing, Inc. and Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 CASA mortgage payable from Florida Housing Finance Corporation. The mortgage bears no interest. Collateral is specific real property. Annual principal payments of $8,400 begin March 2023 with a maturity balloon payment in March 2038. 252,000 252,000 CASA mortgages payable from the City of Jacksonville. $100,000 was obtained as a SHIP grant. $296,130 was obtained as a HOME grant. The mortgages bear no interest. Collateral is specific real properties. Due dates are 2016- 2027. The mortgages will be forgiven at the end of 10-20 year period if all agreement requirements are met. $9,000 and $0 was forgiven in 2018 and 2017, respectively. 191,000 200,000 CASA - various mortgages payable, in aggregate monthly installments of $3,166. Bearing interest ranging from 6.0% to 6.25% at December 31, 2018. Matures between 2019 and 2030. Secured by real estate. 144,665 165,219 CASA - twelve mortgages from Florida Housing Finance Corporation, all of which bear no interest. Ten mortgages payable in total of $16,652 annually which mature in 2034. Two mortgages payable in installments of $4,200 beginning in 2021 which mature in 2036. 386,366 409,110 CASA - $447,240 was obtained on various dates beginning in 1999 from the Jacksonville Housing Commission as a HOME Grant. Grant proceeds were a down payment assistance in the form of a second mortgage, not to exceed 25% of the purchase price of any one home. $343,370 of the mortgages was to be forgiven at the end of 10-15 year periods, provided all agreement requirements are met. $103,780 of the mortgages beginning in 2005 were to be forgiven at the end of a 10-year period, provided all agreement requirements are met. $55,692 was forgiven in 2016 and $14,200 was forgiven in 2018. - 14,200 -26- Ability Housing, Inc. and Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 CASA - Jacksonville Housing Commission as a SHIP Grant. Grant proceeds were a down payment assistance in the form of a second mortgage, not to exceed 20% of the purchase price of any one home. The mortgage will be forgiven at the end of 10-15-year periods, provided all agreement requirements are met. $78,020 and $71,980 was forgiven in 2018 and 2017, respectively. No interest is charged or accrued. 100,000 178,020 Village on Wiley promissory notes from Florida Housing Finance Corporation totaling $5,975,000, with interest at zero percent and principal nonamortizing. These notes are subject to a construction agreement and provide for a twenty year, permanent loan period, maturing December 2034. The mortgage note will be forgiven at a rate of five percent on each anniversary date of the date the development was placed in service (November 2015) if all agreement requirements are met. $290,460 was forgiven in both 2018 and 2017, respectively. 4,937,819 5,228,279 Renaissance Village has a construction loan from the City of Jacksonville. $6,606,000 was the total available. Final balance drawn was $6,421,423. Collateralized by specific real property. The note bears no interest. The note will be forgiven in 2052 if the property remains affordable housing. 6,421,424 6,421,424 Ability Mercy has a construction loan with Bank of America, N.A. in the original principal amount of $15,250,000. Interest is accrued at the LIBOR rate. Accrued interest was $2,447 and $0 at December 31, 2018 and 2017, respectively. Maturity is on April 10, 2020. 2,661,416 - -27- Ability Housing, Inc. and Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 Ability Mercy has entered a Viability loan agreement with Florida Housing Finance Corporation (FHFC) in the original principal amount of $1,335,205. The loan bears no interest and matures on April 10, 2050. As of December 31, 2018, the loan has not been funded. The note is secured by the real property. - - Ability Mercy has a SAIL loan with Florida Housing Finance Corporation (FHFC) in the original principal amount of $5,000,000. Interest is accrued at 1 %. Accrued interest was $10,102 and $0 at December 31, 2018 and 2017, respectively. Principal and interest payments are only payable from annual cash flow. Maturity is on April, 10, 2050. The note is secured by the real property. 2,810,087 - Ability Londontowne entered a construction loan agreement with Florida Housing Finance Corporation (FHFC) in the original principal amount of $1,452,286. The loan will bear no interest and will be forgiven after a term of 30 years including a 2.5 year construction period. As of December 31, 2018, the loan has not been funded. The note is secured by the real property. - - Ability Londontowne has a SAIL loan with Florida Housing Finance Corporation (FHFC) in the original principal amount of $2,865,000. The loan will bear interest at 1% per annum for a term of 30 years including a 2.5 year construction period. As of December 31, 2018, the loan has not been funded. The note is secured by the real property. - - Ability Londontowne entered a construction loan agreement with JPMorgan Chase Bank, N.A., in the original principal amount of $8,000,000. The term of the loan will be 24 months. The loan will be interest only with a floating rate equal to the 30 day LIBOR rate plus 225 basis points. As of December 31, 2018, the loan has not been funded. The note is secured by the real property. - - WE Ability Housing, Inc. and Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 Ability WDC has entered a loan agreement with Florida Community Loan Fund, Inc. in the original amount of $2,570,000. The loan bears interest at 4% per annum and matures on July 11, 2020. 34,544 Ability WDC has entered a loan agreement with Florida Community Loan Fund, Inc. in the original amount of $500,000. As of December 31, 2018, the loan has not been funded. The note is secured by the real property. - Ability WDC has entered a construction loan agreement with Neighborhood Lending Partners of Florida, Inc. and Orange County, Florida. The loan is divided into two tranches of $1,000,000 each for a total of $2,000,000. Interest accrues at 1%. Maturity is on July 2038. The note is secured by the real property. 123,803 Ability Oakland has a mortgage payable with Bellweather Enterprise Real Estate. The loan has an interest rate of 3.75%. The note is secured by the property and all rights and interest related thereto. The original balance was $2,148,900 with monthly principal and interest payments of $9,354. The note matures in January 2051. 2,064,940 Ability Mayfair has a mortgage payable under the Tax Credit Exchange Program administered by the Florida Housing Finance Corporation. The original principal amount was $2,485,000. The mortgage bears no interest. Upon meeting certain requirements, as determined by Florida Housing Finance Corporation, the mortgage began in 2012 to be forgiven at a rate of 6.76% annually. $165,750 was forgiven in both 2018 and 2017. 1,324,753 2,096,509 1,490,503 -29- Ability Housing, Inc. and Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 Ability Mayfair has a mortgage payable under the HOME program administered with the Florida Housing Finance Corporation. Principal of up to $4,000,000 can be used for the acquisition, rehabilitation, and permanent financing of the Project. The note matures in October 2036 and the principal is due at that time. No interest is charged or accrued. 4,000,000 Total $ 26,354,817 Less unamortized debt issuance costs (115,763) 26,239,054 Less current portion (647,236) Long-term debt, net $ 25,591,818 Maturities by year are as follows: 2019 $ 647,236 2020 636,905 2021 3,270,832 2022 527,904 2023 638,115 Thereafter 20,633,825 Total $ 26,354,817 4,000,000 $ 22,521,376 (119,353) 22,402,023 (1,131,159) $ 21,270,864 As of December 31, 2018 and 2017, total accrued interest was $21,584 and $37,095, respectively, which is included in accrued expenses on the accompanying statements of financial position. During the years ended December 31, 2018 and 2017, total interest expense incurred was $99,256 and $100,326, respectively, which includes amortization of debt issuance costs of $3,590 and $3,590, respectively. As mentioned above, Ability Mayfair obtained a forgivable loan from the Florida Housing Finance Corporation (FHFC), under the Tax Credit Exchange Program. The loan bears no interest. The principal amount shall be forgiven at a rate of 6.76% per annum over the 15 year IRS affordability and compliance monitoring extended use period on each anniversary date of the date the project is placed in services as a "qualified low-income housing development". Forgiveness of the loan is subject to Ability Mayfair maintaining compliance with the Section 42 and FHFC compliance requirements. The loan matures in 2026. The annual forgiveness amount is expected to be $165,750 per year. The principal balance as of December 31, 2018 and 2017 was $1,324,753 and $1,490,503, respectively. For the years ended December 31, 2018 and 2017, $90,364 and $90,364 (see Note 21), respectively, was recognized as income and is included in debt forgiveness revenue on the accompanying -30- Ability Housing, Inc. and Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 statements of activities and changes in net assets. Deferred revenue as of December 31, 2018 and 2017 was $527,702 and $452,316 (see Note 21), respectively, which is included in deferred revenue on the accompanying consolidated statements of financial position. NOTE 10 - CONSTRUCTION CONTRACTS Ability Mercy During 2017, Ability Mercy entered into a construction contract with Sauer Incorporated, an unrelated party, to perform general contractor services in conjuction with the construction of the project for an original contract sum of $16,675,654 plus approved change orders. As of December 31, 2018 and 2017, $9,028,455 and $0, respectively, of the construction contract has been incurred. As of December 31, 2018 and 2017, construction costs of $4,009,038 and $0, respectively, remain payable, including retainage payable of $892,492 and $0, respectively. The payable balance is included in construction costs payable on the accompanying consolidated statements of financial position. Abilitv Londontowne During 2018, Ability Londontowne entered into a construction contract with Sauer Incorporated, an unrelated party, to perform general contractor services in conjuction with the construction of the project for an original contract sum of $10,761,513 plus approved change orders. As of December 31, 2018 and 2017, $367,610 and $0, respectively, of the construction contract has been incurred. As of December 31, 2018 and 2017, construction costs of $166,068 and $0, respectively, remain payable, including retainage payable of $29,536 and $0, respectively. The payable balance is included in construction costs payable on the accompanying consolidated statements of financial position. Ability During 2017, Ability WDC entered into a construction contract with Sauer Incorporated, an unrelated party, to perform general contractor services in conjuction with the construction of the project for an original contract sum of $5,194,701 plus approved change orders. As of December 31, 2018 and 2017, $1,524,752 and $0, respectively, of the construction contract has been incurred. As of December 31, 2018 and 2017, construction costs of $1,274,143 and $0, respectively, remain payable, including retainage payable of $147,292 and $0, respectively. The payable balance is included in construction costs payable on the accompanying consolidated statements of financial position. NOTE 11 - PROPERTIES AND SOURCES OF REVENUE CAA Ability Housing owns 21 single family and 8 multi -family homes throughout Jacksonville, Florida. The homes are rented to qualifying, low-income, adults with disabilities. Rents are -31- Ability Housing, Inc. and Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 based on ability to pay. Excess costs to maintain and service the debt on the homes are made up through contributions, grants and fund raisers. Major renovations began in 2012 on these homes and were completed in 2013. Mayfair Village Apartments In January 2008, Ability Mayfair, LLC (wholly owned by Ability Housing) purchased an existing apartment complex. The complex was appraised at $4,509,130. The purchase price was $3,209,130. The $1,300,000 difference in purchase price and appraised value was recognized as a contribution. The apartment complex was sold at a loss of $1,371,831 during the year ended June 30, 2011 to Ability Mayfair II, LLC (Ability Mayfair) of which Ability Housing has .01 % ownership with effective contractual control. The sales price of the apartment complex was $2,650,000. The loss is eliminated in consolidation. As of December 31, 2018 and 2017, developer fees totaling $1,787,094 and $1,748,584, respectively, have been paid to Ability Housing. As of December 31, 2018 and 2017, $70,127 and $111,917, respectively, of developer fees and accrued interest remain payable. These fees and payables are eliminated in consolidation. As of December 31, 2018 and 2017, Ability Mayfair has a non -interest bearing note due in April 2026 totaling $346,916 payable to Ability Housing. This note is eliminated in consolidation. Renaissance Village Apartments In April 2010, Ability Housing purchased Renaissance Village, an existing complex. Rehabilitation of the complex began during the year ended June 30, 2011. The rehabilitation was completed in 2012 with $6,071,423 in costs that were capitalized. Oakland Terrace Apartments Ability Oakland is a limited liability company that was formed in 2013 for the purpose of purchasing, rehabilitating, owning and operating a 60-unit low-income housing complex located in Jacksonville, Florida. Ability Oakland II MM, LLC (wholly owned by Ability Housing) is the managing member with an interest of 0.01%, with effective contractual control. The apartment complex was purchased from an LLC 100% owned by Ability Housing at a gain of $1,588,094. The gain is eliminated in consolidation and the basis of the Ability Oakland building is reduced. As of December 31, 2018 and 2017, developer fees totaling $997,471 and $997,471, respectively, have been paid to Ability Housing. As of December 31, 2018 and 2017, $374,785 and $374,785, respectively, of developer fees remain payable. These fees and payables are eliminated in consolidation. -32- Ability Housing, Inc. and Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 At December 31, 2018 and 2017, Ability Oakland has three notes payable to Ability Housing totaling $1,118,142 and $1,118,142, respectively, with accrued interest of $376,130 and $309,041, respectively. These notes and accrued interest are eliminated in consolidation. Village on Wiley In 2014, Ability Housing purchased land for Village on Wiley and began new construction. Construction was primarily completed in 2015. $5,597,334 in costs were capitalized. Ability Mercy Ability Mercy has a developer fee agreement wth Ability Housing. As of December 31, 2018 and 2017, developer fees totaling $151,323 and $0, respectively, have been paid to Ability Housing. As of December 31, 2018 and 2017, $2,276,095 and $0, respectively, of developer fees remain payable. These fees and payables are eliminated in consolidation. Ability Londontowne Ability Mercy has a developer fee agreement wth Ability Housing. As of December 31, 2018 and 2017, developer fees totaling $173,250 and $0, respectively, have been paid to Ability Housing. As of December 31, 2018 and 2017, $388,032 and $0, respectively, of developer fees remain payable. These fees and payables are eliminated in consolidation. NOTE 12 - RETIREMENT PLAN Ability Housing adopted a Simple IRA plan in 1998 for its employees. Ability Housing contributed $13,481 and $13,933 on behalf of its employees for the years ended December 31, 2018 and 2017, respectively. NOTE 13 - LEASES Ability Housing was obligated on a 64-month lease. The monthly rent was $2,650 per month with a 2.5% increase beginning the first day of the third through fifth years. The lease expired in August 2017. Ability Housing relocated in October 2017 with lease obligations beginning at $3,988 per month and increasing 3% annually each February through January 2023 with a renewal option through January 2026. Ability Housing also leases an office in Orlando, Florida for $468 per month for 2018. The lease expired on December 31, 2018, but was extended through 2019. Total rent expense was $42,615 and $30,243 for the years ended December 31, 2018 and 2017, respectively. -33- Ability Housing, Inc. and Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 A 5-year schedule of future minimum lease payments is as follows: 2019 $ 49,166 2020 50,641 2021 52,160 2022 53,725 2023 4,488 Thereafter - $ 210,180 NOTE 14 - CONCENTRATION OF CREDIT RISK Ability Housing's services are offered to those who have lower incomes and disabilities. This creates an inherent risk for ongoing rental collections. Ability Housing maintains its cash balances in several accounts in various banks. At times, these balances may exceed the federal insurance limits; however, Ability Housing has not experienced any losses with respect to its bank balances in excess of government provided insurance. Management believes that no significant concentration of credit risk exists with respect to these cash balances at December 31, 2018 or 2017. Ability Mayfair and Ability Oakland's sole asset is their apartment complex. Their operations are concentrated in the multi -family real estate market. In addition, Ability Mayfair and Ability Oakland operate in a heavily regulated environment. The operations of Ability Mayfair and Ability Oakland are subject to the administrative directives, rules, and regulations of federal, state and local regulatory agencies. Such administrative directives, rules, and regulations are subject to change. Such changes may occur with little notice or inadequate funding to pay for the related cost, including the additional administrative burden, to comply with a change. NOTE 15 - OPERATING RESERVES AND DEPOSITS The following deposits are required to be maintained in accordance with the Ability Mayfair's operating agreement at December 31, 2018 and 2017: Operating reserve Revenue deficit reserve Services reserve Wind damage reserve 2018 2017 $ 180,842 $ 180,264 545,256 543,512 40,501 40,445 25,290 25,265 $ 791,889 $ 789,486 -34- Ability Housing, Inc. and Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 The following deposit, held by a third parry, is maintained in accordance with Renaissance Village's Neightborhood Stabilization Program loan: 2018 2017 Operating reserve $ 350,000 $ 350,000 The following deposit is maintained in accordance with Village on Wiley's operating agreement: 2018 2017 Operating deficit reserve $ 444,381 $ 444,291 The following deposit is maintained in accordance with Ability Oakland's operating agreement: 2018 2017 Operating reserve $ 241,747 $ 240,541 Other deposits totaling $1,030,967 and $637,119 as of December 31, 2018 and 2017, respectively, consist of mortgage escrows, security deposits and replacement reserves. NOTE 16 - INTERNAL DESIGNATIONS OF NET ASSETS WITHOUT DONOR RESTRICTIONS Ability Housing has internally designated a portion of unrestricted net assets as follows: 2018 2017 Agency operating reserves $ 637,505 $ 637,505 CASA operating reserves 49,828 49,828 CASA replacement reserves 77,650 77,650 CASA wind storm reserve 25,000 25,000 Renaissance Village wind storm reserve 25,000 25,000 $ 814,983 $ 814,983 NOTE 17 - COMMITMENTS AND CONTINGENCIES The Affiliates' low-income housing credits are contingent on its ability to maintain compliance with applicable sections of Section 42. Failure to comply with occupant eligibility, and/or unit gross rent or to correct noncompliance within a specified time period -35- Ability Housing, Inc. and Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 could result in recapture of previously taken tax credits plus interest. In addition, such potential noncompliance may require an adjustment to the contributed capital by the investor members. NOTE 18 - PROPERTY MANAGEMENT FEES Ability Housing has an agreement with an external management company to perform management services at Renaissance Village Apartments at 5% of rent and related income effective May 2016. The management agreement expired in 2018, but it has been automatically renewed and will be effective until terminated. Management fees incurred were $14,312 and $13,562 for the years ending December 31, 2018 and 2017, respectively. As of December 31, 2018 and 2017, $1,136 and $1,014, respectively, of management fees remain payable and are included in accrued expenses on the accompanying consolidated statements of financial position. Ability Mayfair contracted with an external management company to perform management services at 5% of rent and related income effective May 2016. The management agreement expired in 2018, but it has been automatically renewed and will be effective until terminated. Total management fees incurred were $25,799 and $25,573 for the years ended December 31, 2018 and 2017, respectively. As of December 31, 2018 and 2017, $2,053 and $2,158, respectively, of management fees remain payble and are included in accrued expenses on the accompanying consolidated statements of financial position. Ability Oakland contracted with an external management company to perform management services at 5% of rent and related income effective May 2016. The management agreement expired in 2018, but it has been automatically renewed and will be effective until terminated. Management fees incurred were $28,414 and $28,103 for the years ended October 31, 2018 and 2017, respectively. As of October 31, 2018 and 2017, $2,566 and $2,234, respectively, of management fees remain payable and are included in accrued expenses on the accompanying consolidated statements of financial position. Village on Wiley contracted with an external management company to perform services at 5% per month of all rent and related income effective May 2016. The management agreement expired in 2018, but it has been automatically renewed and will be effective until terminated. Management fees incurred were $13,877 and $16,250 and for the years ending December 31, 2018 and 2017, respectively. As of December 31, 2018 and 2017, $341 and $1,310, respectively, of management fees remain payable and are included in accrued expenses on the accompanying consolidated statements of financial position. NOTE 19 - RELATED PARTY TRANSACTIONS Asset Management Fees Ability Mayfair incurred asset management fees of $9,149 and $8,970 to the majority member of Ability Mayfair during the years ended December 31, 2018 and 2017, -36- Ability Housing, Inc. and Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 respectively. Payments of $8,970 and $5,796 were made to the majority member in 2018 and 2017, respectively. As of December 31, 2018 and 2017, $8,649 and $8,470, respectively, of asset management fees remain payable which are included in accrued expenses on the accompanying consolidated statements of financial position. Ability Oakland is required to pay an affiliate of the investor member of Ability Oakland a cumulative annual fee of $5,000 for property management oversight, tax credit compliance monitoring, and related services provided to the project. The fee increases by 3 percent annually. Asset management fees of $5,437 and $5,279, respectively, were incurred and charged to operations during the years ending October 31, 2018 and 2017. As of October 31, 2018 and 2017, $4,553 and $4,420, respectively, remained payable and are included in accrued expenses on the accompanying consolidated statements of financial position. Investor Services Fee Beginning in the later of 2019 or the first calendar year Ability Mercy receives rental income, Ability Mercy is required to pay its investor member a cumulative annual investor services fee of $10,000 for services provided to the project. The fee increases by 3 percent annually. As of both December 31, 2018 and 2017, no fees have been incurred or remain payable. Beginning in the later of 2019 or the first calendar year Ability Londontowne receives rental income, Ability Londontowne is required to pay its investor member a cumulative annual investor services fee of $10,000 for services provided to the project. The fee increases by 3 percent annually. As of both December 31, 2018 and 2017, no fees have been incurred or remain payable. NOTE 20 - CONTRIBUTIONS TO CONSOLIDATED SUBSIDIARIES - NONCONTROLLING INTEREST Ability The operating agreement of Ability Mercy requires that the managing member of Ability Mercy provide capital contributions of $100. As of December 31, 2018 and 2017, the managing member has made capital contributions of $0 and $0, respectively. Pursuant to the operating agreement, the investor member of Ability Mercy is required to make capital contributions of $19,412,000 to be used for funding of construction. As of December 31, 2018 and 2017, the investor member has made capital contributions of $2,911,800 and $0, respectively, which are included in noncontrolling interest in net assets without donor restrictions on the accompanying consolidated statements of financial position. Ability Londontowne The operating agreement of Ability Londontowne requires that the managing member of Ability Londontowne provide capital contributions of $100. As of December 31, 2018 and 2017, the managing member has made capital contributions of $0 and $0, respectively. -37- Ability Housing, Inc. and Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 Pursuant to the operating agreement, the investor member of Ability Londontowne is required to make capital contributions of $16,153,500 to be used for funding of construction. As of December 31, 2018 and 2017, the investor member has made capital contributions of $2,423,030 and $0, respectively, which are included in noncontrolling interest in net assets without donor restrictions on the accompanying consolidated statements of financial position. NOTE 21 - LIQUIDITY AND AVAILABILITY OF RESOURCES Ability Housing's financial assets available within one year of the statement of financial position date for general expenditures are as follows: Cash and cash equivalents $ 1,508,515 Investments 1,171,649 Grants receivable 49,304 Other receivables 110,214 $ 2,839,682 Ability Housing manages its liquidity by developing and adopting annual operating budgets that provide sufficient funds for general expenditures in meeting its liabilities and other obligations as they come due. Ability Housing maintains financial assets on hand to meet 60 days of normal operating expenses. NOTE 22 - RESTATEMENT During 2018, management discovered misstatements relating to Ability Mayfair which it has corrected and accounted for as a prior period adjustment. Forgiveness of tax credit exchange program debt was incorrectly amortized into income over the 15 year IRS affordability and compliance monitoring extended use period. Under the tax credit exchange program, forgiveness of tax credit exchange program debt should be matched and recognized over the useful life of the assets which the funds were used to purchase and/or develop, and deferred revenue should be recorded for the difference between forgiveness of tax credit exchange program debt income and the reduction of principal outstanding of the related debt. As of December 31, 2017, deferred revenue was understated by $452,316 and for the year ended December 31, 2017, forgiveness of tax credit exchange program debt income was overstated by $75,386. As of January 1, 2017, beginning net assets was overstated by $376,930. Ability Housing, Inc. and Affiliates NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED December 31, 2018 and 2017 The table below reflects the net effect of the prior period adjustment on the prior year balance sheet and statement of activities and changes in net assets: As originally reported as of December 31, 2017 Prior Period Adjustment As restated as of December 31, 2017 Deferred revenue $ 57,788 $ 452,316 $ 510,104 Net assets, beginning of year 13,950,838 (376,930) 13,573,908 Forgiveness of debt 528,190 (75,386) 452,804 NOTE 23 - SUBSEQUENT EVENTS Events that occur after the consolidated statement of financial position date but before the consolidated financial statements were available to be issued must be evaluated for recognition or disclosure. The effects of subsequent events that provide evidence about conditions that existed at the consolidated statement of financial position date are recognized in the accompanying consolidated financial statements. Subsequent events, which provide evidence about conditions that existed after the consolidated statement of financial position date, require disclosure in the accompanying notes. Management evaluated the activity of Ability Housing, Inc. and Affiliates through April 23, 2019 (the date the consolidated financial statements were available to be issued) and concluded that no subsequent events have occurred that would require recognition in the consolidated financial statements or disclosure in the notes to the consolidated financial statements. -39- SUPPLEMENTAL INFORMATION Ability Housing, Inc. and Affiliates SUPPLEMENTAL INFORMATION CONSOLIDATING STATEMENT OF FINANCIAL POSITION ASSETS Cash and cash equivalents Investments Grants receivable Other receivables Restricted deposits and reserves Construction in process Prepaid expenses Property and equipment, net of accumulated depreciation of $6,653,418 Total assets LIABILITIES AND NET ASSETS Accounts payable Accrued expenses Deferred revenue Construction costs payable Related party payables Security deposits Line of credit Long-term debt Total liabilities Net assets without donor restrictions Total liabilities and net assets December 31, 2018 Ability Housing, Ability Mayfair Ability Oakland Inc. II, LLC II, LLC Eliminations Combined Totals $ 1,352,641 $ 141,613 $ 14,261 $ - $ 1,508,515 1,171,649 - - - 1,171,649 49,304 - - - 49,304 2,384,681 6,252 5,381 (2,286,100) 110,214 1,290,414 1,047,710 520,860 - 2,858,984 14,630,351 - - - 14,630,351 137,145 19,530 27,033 - 183,708 14,523,230 10,351,020 8,105,031 (2,724,762) 30,254,519 $ 35,539,415 $ 11,566,125 $ 8,672,566 $ (5,010,862) $ 50,767,244 $ 73,963 $ 15,483 $ 1,648 $ - $ 91,094 40,202 18,702 441,063 (376,130) 123,837 24,345 529,055 2,929 - 556,329 5,449,249 - - - 5,449,249 - 70,127 374,785 (444,912) - 36,284 30,226 7,668 - 74,178 250,000 - - - 250,000 18,965,124 5,671,669 3,067,319 (1,465,058) 26,239,054 24,839,167 6,335,262 3,895,412 (2,286,100) 32,783,741 10,700,248 5,230,863 4,777,154 (2,724,762) 17,983,503 $ 35,539,415 $ 11,566,125 $ 8,672,566 $ (5,010,862) $ 50,767,244 See independent auditor's report -41 - Ability Housing, Inc. and Affiliates SUPPLEMENTAL INFORMATION CONSOLIDATING STATEMENT OF ACTIVITES AND CHANGES IN NET ASSETS Revenues and support Leasing, housing assistance and other program income Contributions Grants - governmental Debt forgiveness Other income Total contributions, grants and revenues Expenses Change in net assets without donor restrictions Net assets, beginning of year, as restated Contributions to consolidated subsidiaries - noncontrolling interest Year ended December 31, 2018 Ability Housing, Ability Mayfair II, Ability Oakland Inc. LLC II, LLC Eliminations Total $ 849,758 $ 522,544 $ 574,339 $ (42,812) $ 1,903,829 558,745 - - - 558,745 2,123,634 - - - 2,123,634 391,680 90,364 - - 482,044 93,870 3,300 1,943 (71,299) 27,814 4,017,687 616,208 576,282 (114,111) 5,096,066 4,363,822 755,429 911,090 (180,608) 5,849,733 (346,135) (139,221) (334,808) 66,497 (753,667) 5,711,553 5,370,084 5,111,962 (2,791,259) 13,402,340 5,334,830 - - - 5,334,830 Net assets at end of year $ 10,700,248 $ 5,230,863 $ 4,777,154 $ (2,724,762) 17,983,503 See independent auditor's report -42- Ability Housing, Inc. and Affiliates SUPPLEMENTAL INFORMATION CONSOLIDATING STATEMENT OF FUNCTIONAL EXPENSES Year ended December 31, 2018 Ability Housing, Ability Mayfair Ability Oakland Inc. II, LLC II, LLC Eliminations Total Salaries and wages $ 1,052,201 $ 68,366 $ 89,086 (18,837) $ 1,190,816 Payroll taxes 73,543 5,464 5,035 - 84,042 Employee benefits 90,749 8,444 12,757 - 111,950 1,216,493 82,274 106,878 (18,837) 1,386,808 Leasing and housing assistance 1,788,812 - - - 1,788,812 Repairs and maintenances 191,742 101,044 109,849 - 402,635 Telephone and utilities 138,590 104,821 60,131 - 303,542 Professional services 165,816 65,962 40,931 (23,975) 248,734 Insurance 74,383 33,471 60,481 - 168,335 Memberships, meetings, and training 90,722 580 1,729 - 93,031 Office expense 64,021 10,394 18,571 - 92,986 Taxes and licenses 5,179 22,466 49,114 - 76,759 Interest 15,085 4,210 151,260 (71,299) 99,256 Bad debts 7,948 10,415 11,767 - 30,130 Rent 42,615 - - - 42,615 Marketing 15,112 17 - - 15,129 Postage 1,929 379 637 - 2,945 Miscellaneous expense 121,429 10,324 45,159 - 176,912 3,939,876 446,357 656,507 (114,111) 4,928,629 Depreciation and amortization 423,946 309,072 254,583 (66,497) 921,104 Total expenses $ 4,363,822 $ 755,429 $ 911,090 $ (180,608) $ 5,849,733 See independent auditor's report - 43 - Ability Housing, Inc. and Affiliates SUPPLEMENTAL INFORMATION CONSOLIDATING STATEMENT OF CASH FLOWS Cash flows from operating activities: Change in net assets without donor restrictions Adjustments to reconcile change in net assets without donor restrictions to net cash provided by operating activities Depreciation Amortization of debt issuance costs Realized gain on sale of investments Unrealized loss on investments Debt forgiveness Write-off of other asset (Increase) decrease in operating assets Grant and support receivable Other receivables Net deposits to restricted deposits and reserves Prepaid expenses Increase (decrease) in operating liabilities Accounts payable and accrued expenses Security deposit liability Related party payables Deferred revenue Net cash (used in) provided by operating activities Year ended December 31, 2018 Ability Housing, Inc. Ability Mayfair II, LLC Ability Oakland II, LLC Eliminations Total $ (346,135) $ (139,221) $ (334,808) $ 66,497 $ (753,667) 423,946 309,072 254,583 (66,497) 921,104 - - 3,590 - 3,590 (3,517) - - (3,517) 114,513 - - 114,513 (391,680) (90,364) - - (482,044) - 39,722 - 39,722 21,324 - - 21,324 115,190 (3,053) 2,759 25,299 140,195 (11,415) (21,446) (765) - (33,626) (865) (9,637) 727 - (9,775) (124,128) 4,674 67,603 (67,089) (118,940) 3,982 (1,681) (137) - 2,164 - (3,280) - 3,280 - (22,636) (1,886) (4,639) - (29,161) (221,421) 43,178 28,635 (38,510) (188,118) (continued) Ability Housing, Inc. and Affiliates SUPPLEMENTAL INFORMATION CONSOLIDATING STATEMENT OF CASH FLOWS - CONTINUED Cash flows from investing activities: Net increase in construction in process Proceeds from sale of investments Payments on related party payments Purchase of investments and fees Net deposits to restricted deposits and reserves Purchases of property and equipment Net cash (used in) provided by investing activities Cash flows from financing activities: Proceeds from borrowings Repayment of debt Contributions to consolidated subsidiaries - noncontrolling interest Net cash provided by (used in) financing activities Net increase (decrease) in cash and equivalents Cash and equivalents at beginning of the year Cash and equivalents at end of year Supplemental disclosure of cash flow information: Cash paid during the year for interest, net of amounts capitalized Supplemental schedule of non -cash investing and financing activities Debt forgiveness Deferred revenue Debt forgiveness revenue Construction costs payable Construction in process Year ended December 31, 2018 Ability Housing, hic. Ability Mayfair H, LLC Ability Oakland 11, LLC Eliminations Total $ (7,179,091) $ $ - $ $ (7,179,091) 131,719 - 131,719 - (38,510) - 38,510 - (129,709) - - (129,709) (280,382) (28,120) (55,419) (363,921) (1,938,430) - - (1,938,430) (9,395,893) (66,630) (55,419) 38,510 (9,479,432) 5,845,306 - - 5,845,306 (1,172,866) (31,569) (1,204,435) 5,334,830 - 5,334,830 10,007,270 (31,569) 9,975,701 389,956 (23,452) (58,353) 308,151 962,685 165,065 72,614 1,200,364 $ 1,352,641 $ 141,613 $ 14,261 $ $ 1,508,515 $ 12,718 $ 7,490 $ 80,683 $ (7,490) $ 93,401 $ (391,680) $ (165,750) $ - $ $ (557,430) - 75,386 - 75,386 391,680 90,364 - 482,044 5,449,249 - - 5,449,249 (5,449,249) - (5,449,249) See independent auditor's report - 45 - Ability Housing, Inc. and Affiliates SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS, STATE FINANCIAL ASSISTANCE AND OTHER AWARDS Federal Grantor/Pass-Through Grantor/Program Title HUD Continuum of Care Program HUD Continuum of Care Program HUD Continuum of Care Program HUD Continuum of Care Program HUD Continuum of Care Program HUD Continuum of Care Program Year ended December 31, 2018 Program Period 1/l/18-12/31/18 12/l/17-11/30/18 12/l/17-11/30/18 1/l/18-12/31/18 12/l/17-11/30/18 12/l/18-11/30/19 HUD Capacity Building for Community Development and Affordable Housing through Local Initiative Support Corporation 12/l/17-11/30/18 Total Federal State Financial Assistance - Challenge Florida Department of Children & Families - Challenge Grant through Changing Homeless, hic. Mental Health & Substance Abuse Services through Lutheran Social Services Total Federal and State Assistance Programs CFDA CFAS Award Transfer to Number Amount Expenditures Subrecipients 14.267 $ 371,200 $ 371,200 $ 38,000 14.267 348,696 334,647 22,294 14.267 442,702 428,159 75,613 14.267 216,025 218,327 37,489 14.267 142,506 140,655 31,225 14.267 351,675 56,896 3,200 1,872,804 1,549,884 207,821 14.252 40,000 40,000 - 40,000 40,000 - 1,912,804 1,589,884 207,821 9/l/18-6/30/19 DP001 23,231 21,285 12/l/15-6/30/20 LS 044 660,965 160,094 - 684,196 181,379 - $ 2,597,000 $ 1,771,263 $ 207,821 See notes to schedule of expenditures of federal awards, state financial assistance and other awards and independent auditor's report .e Ability Housing, Inc. and Affiliates NOTES TO SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS, STATE FINANCIAL ASSISTANCE AND OTHER AWARDS Year ended December 31, 2018 NOTE 1 - BASIS OF PRESENTATION The accompanying schedule of expenditures of federal awards, state financial assistance and other awards (the Schedule) includes the federal, state and other award activity of Ability Housing, Inc. and Affiliates under programs of the federal and state governments for the year ended December 31, 2018. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) and as described in Chapter 10.650 Rules of the Auditor General. Because the Schedule presents only a selected portion of the operations of Ability Housing, Inc. and Affiliates, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization. NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following, as applicable, the cost principles contained in OMB Circular A-122, "Cost Principles for Non -Profit Organizations" and the cost principles contained in the Uniform Guidance. Ability Housing, Inc. and Affiliates has elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. -47- TIDWELL group INDEPENDENT AUDITOR'S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS To the Board of Directors Ability Housing, Inc. and Affiliates We have audited, in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States, the consolidated financial statements of Ability Housing, Inc. and Affiliates, which comprise the consolidated statement of financial position as of December 31, 2018, and the related consolidated statements of activities and changes in net assets and cash flows for the year then ended, and the related notes to the consolidated financial statements and have issued our report thereon dated April 23, 2019. Internal Control Over Financial Reporting In planning and performing our audit of the consolidated financial statements, we considered Ability Housing, Inc. and Affiliates' internal control over financial reporting (internal control) to determine the audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the consolidated financial statements, but not for the purpose of expressing an opinion on the effectiveness of Ability Housing, Inc. and Affiliates' internal control. Accordingly, we do not express an opinion on the effectiveness of Ability Housing, Inc. and Affiliates' internal control. A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct misstatements on a timely basis. A material weakness is a deficiency, or combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of Ability Housing, Inc. and Affiliates' consolidated financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance. Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control, that might be material weaknesses or significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified. Atlanta I Austin I Birmingham I Columbus Compliance and Other Matters As part of obtaining reasonable assurance about whether Ability Housing, Inc. and Affiliates' consolidated financial statements are free of material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit and, accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards. Purpose of this Report The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of Ability Housing, Inc. and Affiliates' internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering Ability Housing, Inc. and Affiliates' internal control and compliance. Accordingly, this communication is not suitable for any other purpose. C4� Atlanta, Georgia April 23, 2019 TIDWELL group INDEPENDENT AUDITOR'S REPORT ON COMPLIANCE FOR MAJOR FEDERAL PROGRAM AND ON INTERNAL CONTROL OVER COMPLIANCE REQUIRED BY THE UNIFORM GUIDANCE To the Board of Directors Ability Housing, Inc. and Affiliates Report on Compliance for Major Federal Program We have audited Ability Housing, Inc. and Affiliates' compliance with the types of compliance requirements described in the OMB Compliance Supplement that could have a direct and material effect on Ability Housing, Inc. and Affiliates' major federal program for the year ended December 31, 2018. Ability Housing, Inc. and Affiliates' major federal program is identified in the summary of auditor's results section of the accompanying schedule of findings and questioned costs. Management's Responsibility Management is responsible for compliance with the requirements of laws, regulations, contracts, and grants applicable to its federal programs. Auditor's Responsibility Our responsibility is to express an opinion on compliance for Ability Housing, Inc. and Affiliates' major federal program based on our audit of the types of compliance requirements referred to above. We conducted our audit of compliance in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and the audit requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Those standards and the Uniform Guidance require that we plan and perform the audit to obtain reasonable assurance about whether noncompliance with the types of compliance requirements referred to above that could have a direct and material effect on the major federal program occurred. An audit includes examining, on a test basis, evidence about Ability Housing, Inc. and Affiliates' compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. We believe that our audit provides a reasonable basis for our opinion on compliance for the major program. However, our audit does not provide a legal determination of Ability Housing, Inc. and Affiliates' compliance. Atlanta I Austin I Birmingham I Columbus Opinion on Major Federal Program In our opinion, Ability Housing, Inc. and Affiliates complied, in all material respects, with the compliance requirements referred to above that could have a direct and material effect on its major federal program for the year ended December 31, 2018. Report on Internal Control over Compliance Management of Ability Housing, Inc. and Affiliates is responsible for establishing and maintaining effective internal control over compliance with the compliance requirements referred to above. In planning and performing our audit of compliance, we considered Ability Housing, Inc. and Affiliates' internal control over compliance with the requirements that could have a direct and material effect on the major federal program to determine the auditing procedures that are appropriate in the circumstances for the purpose of expressing an opinion on compliance for the major federal program and to test and report on internal control over compliance in accordance with the Uniform Guidance, but not for the purpose of expressing an opinion on the effectiveness of internal control over compliance. Accordingly, we do not express an opinion on the effectiveness of Ability Housing, Inc. and Affiliates' internal control over compliance. A deficiency in internal control over compliance exists when the design or operation of a control over compliance does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, noncompliance with a compliance requirement of the federal program on a timely basis. A material weakness in internal control over compliance is a deficiency, or combination of deficiencies, in internal control over compliance, such that there is a reasonable possibility that material noncompliance with a compliance requirement of the federal program will not be prevented, or detected and corrected, on a timely basis. A significant deficiency in internal control over compliance is a deficiency, or combination of deficiencies, in internal control over compliance with a compliance requirement of the federal program that is less severe than a material weakness in internal control over compliance, yet important enough to merit the attention by those charged with governance. Our consideration of internal control over compliance was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control over compliance that might be material weaknesses or significant deficiencies. We did not identify any deficiencies in internal control over compliance that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified. The purpose of this report on internal control over compliance is solely to describe the scope of our testing of internal control over compliance and the results of that testing based on the requirements of the Uniform Guidance. Accordingly, this report is not suitable for any other purpose. Atlanta, Georgia April 23, 2019 -51- Ability Housing, Inc. and Affiliates SCHEDULE OF FINDINGS AND QUESTIONED COSTS December 31, 2018 A. Summary of Auditor's Results 1. The auditor's report expresses an unmodified opinion on whether the consolidated financial statements of Ability Housing, Inc. and Affiliates were prepared in accordance with generally accepted accounting principles. 2. No significant deficiencies related to the audit of the consolidated financial statements were reported in the Independent Auditor's Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards. No material weaknesses were reported. 3. No instances of noncompliance material to the consolidated financial statements of Ability Housing, Inc. and Affiliates, which would be required to be reported in accordance with Government Auditing Standards, were disclosed during the audit. 4. No significant deficiencies related to the audit of the major federal award program were disclosed in the Independent Auditor's Report on Compliance for Federal Major Program and on Internal Control over Compliance Required by the Uniform Guidance. No material weaknesses were reported. 5. The auditor's report on compliance for the major federal award program for Ability Housing, Inc. and Affiliates expresses an unmodified opinion. 6. There are no audit findings relative to the major federal award program for Ability Housing, Inc. and Affiliates. 7. The program tested as a major program included: a. U.S. Department of Housing and Urban Development, Continuum of Care Programs, CFDA No. 14.267 8. The threshold for distinguishing Type A and B programs was $750,000. 9. Ability Housing, Inc. and Affiliates qualified as a low -risk auditee. -52- Ability Housing, Inc. and Affiliates SUMMARY OF PRIOR YEAR FINDINGS AND QUESTIONED COSTS (UNAUDITED) December 31, 2018 1. Audit Report, dated April 24, 2018, for the year ended December 31, 2017, issued by Ralston & Company, P.A. Findings - Financial Statement Audit None Findings and Questioned Costs - Major Federal Awards Programs Audit None 2. There were no reports issued by HUD OIG or other Federal agencies or contract administrators during the period covered by this audit. 3. There were no letters or reports issued by HUD management during the period covered by this audit. -53- Ability Housing, Inc. and Affiliates SUMMARY OF PRIOR YEAR FINDINGS AND QUESTIONED COSTS (UNAUDITED) December 31, 2018 1. Audit Report, dated April 24, 2018, for the year ended December 31, 2017, issued by Ralston & Company, P.A. Findings - Financial Statement Audit None Findings and Questioned Costs - Major Federal Awards Programs Audit None 2. There were no reports issued by HUD OIG or other Federal agencies or contract administrators during the period covered by this audit. 3. There were no letters or reports issued by HUD management during the period covered by this audit. -53- ASSETS Cash and cash equivalents Investments Grant & pledges receivables Other receivables Deposits, operating & replacement reserves Construction in process Prepaid expenses Property and equipment, net of accumulated depreciation of $3,093,167 and $2,885,871 Accrued Revenue (Mayfair, Oakland, Wiley) Ability Mayfair II, LLC - HHAG Ability Oakland II, LLC Loan Ability Oakland II, LLC -Assumed HUD Mortgage Equity Contribution in Wiley TOTAL ASSETS LIABILITIES & EQUITY Accounts payable Accrued expenses Security deposits Ability Housing, Inc. Statement of Financial Position Through November 30, 2019 11/30/2019 $ 379,347 1,354,422 33,490 3,283,809 1,022,373 412,525 45,921 12,224,204 879,077 346,916 800,000 318,142 197,241 Total Current Liabilities CASA Mortgages/Notes Payable Renaissance Village NSP Loan Wiley FHFC Base Loan Wiley FHFC ELI Loan Pre -development EQ2 Loan - Wells Fargo Londontowne FHFC PLP Total Long Term Liabilities TOTAL LIABILITIES Equity Designated Accounts Project Reserves Unrestricted Accounts Distributions Private Investors Net Income TOTAL EQUITY TOTAL LIABILITIES & EQUITY $ 21,297,469 $ 97,526 543,754 60,515 701,796 1,565,560 6,421,424 4,500,000 728,279 252,367 0 13,467,630 14,169,426 637,505 177,478 6,926,025 0 (612,966) 7,128,042 $ 21,297,468 12/31/2018 $ Change $ 1,345,395 $ (966,048) 1,171, 649 182,773 49,304 (15,814) 2,825,967 457,842 997,032 25,341 130,724 281,802 137,145 (91,224) 12,603,231 (379,027) 883,605 (4,528) 346,916 800,000 318,142 197,241 $ 21,806,351 $ (508,882) $ 34,888 $ 62,638 372,967 170,787 57,253 3,262 465,109 236,687 1,690,070 (124,510) 6,421,424 4,500,000 728,279 252,367 0 13,592,140 (124,510) 14,057,249 112,177 637,505 - 177,478 - 4,331,613 2,594,412 (35,000) 35,000 2,637,504 (3,250,470) 7,749,100 (621,058) $ 21,806,349 $ (508,881) Ability Housing, Inc. Statement of Activities Through November 30, 2019 Income Unrestricted Community Support 288,135 Restricted Grants, Contracts & Revenue 1,940,962 Earned Income 184,542 Total Income 2,413,639 Expenses General Admin 317,030 Staff 996,302 Communications/Marketing 9,088 Fund Development 19,639 Property Development 22,987 Programs 1,727,001 Total Expenses 3,094,925 Net Ordinary Income (681,286) Investments & Other Income/Expenses 256,787 Net Operating Income (424,499) Net of CASA 43,748 Net of Renaissance (115,839) Net of Village on Wiley (116,376) Net Income (612,966) Corer Cflunty Administrative Services Department Procurement Services Division Reference Questionnaire Solicitation: 20-7698 Reference Questionnaire for: Abilitv Housing. Inc. (Name of Company Requesting Reference Information) Stan Fitterman (Name of Individuals Requesting Reference Information) Name: Bryan Hollander (Evaluator completing reference questionnaire) Email: .corn FAX: Company:Enterprise Housing Credit Investments (Evaluator's Company completing reference) 410-772-2793 Collier County has implemented a process that collects reference information on firms and their key personnel to be used in the selection of firms to perform this project. The Name of the Company listed in the Subject above has listed you as a client for which they have previously performed work. Please complete the survey. Please rate each criteria to the best of your knowledge on a scale of 1 to 10, with 10 representing that you were very satisifed (and would hire the firm/individual again) and 1 representing that you were very unsatisfied (and would never hire the firm/indivdival again). If you do not have sufficient knowledge of past performance in a particular area, leave it blank and the item or form will be scored "0." Project Description: Village at Hyde Park Completion Date: Decenber 3, 2019 Project Budget: $18,652,897.94 Project Number of Days: 414 -from underwriting report date to Certificate of Occupancy Item Citeria Score 1 Ability to manage the project costs (minimize change orders to scope). 10 2 Ability to maintain project schedule (complete on -time or early). 9 3 Quality of work. 10 4 Quality of consultative advice provided on the project. 10 5 Professionalism and ability to manage personnel. 10 6 Project administration (completed documents, final invoice, final product turnover; invoices; manuals or going forward documentation, etc.) 10 7 Ability to verbally communicate and document information clearly and succinctly. 9 8 Abiltity to manage risks and unexpected project circumstances. 10 9 Ability to follow contract documents, policies, procedures, rules, regulations, etc. 10 10 Overall comfort level with hiring the company in the future (customer satisfaction). 10 TOTAL SCORE OF ALL ITEMS 98 Corer Cflunty Administrative Services Department Procurement Services Division Reference Questionnaire Solicitation: 20-7698 Reference Questionnaire for: Abilitv Housine. Inc. (Name of Company Requesting Reference Information) Stan Fitterman (Name of Individuals Requesting Reference Information) Name: Chuck Shealy, Real Estate and Lending Officer (Evaluator completing reference questionnaire) Email: FAX: Company: LISC Jacksonville (Evaluator's Company completing reference) 904.660.0159 Collier County has implemented a process that collects reference information on firms and their key personnel to be used in the selection of firms to perform this project. The Name of the Company listed in the Subject above has listed you as a client for which they have previously performed work. Please complete the survey. Please rate each criteria to the best of your knowledge on a scale of 1 to 10, with 10 representing that you were very satisifed (and would hire the firm/individual again) and 1 representing that you were very unsatisfied (and would never hire the firm/indivdival again). If you do not have sufficient knowledge of past performance in a particular area, leave it blank and the item or form will be scored "0." Project Description: Oakland Terrace Project Budget: $10,173,457 Completion Date: December 2013 Project Number of Days:180 Item Citeria Score 1 Ability to manage the project costs (minimize change orders to scope). 10 2 Ability to maintain project schedule (complete on -time or early). 10 3 Quality of work. 10 4 Quality of consultative advice provided on the project. 10 5 Professionalism and ability to manage personnel. 10 6 Project administration (completed documents, final invoice, final product turnover; invoices; manuals or going forward documentation, etc.) 10 7 Ability to verbally communicate and document information clearly and succinctly. 10 8 Abiltity to manage risks and unexpected project circumstances. 10 9 Ability to follow contract documents, policies, procedures, rules, regulations, etc. 10 10 Overall comfort level with hiring the company in the future (customer satisfaction). 10 TOTAL SCORE OF ALL ITEMS 100 Corer Cflunty Administrative Services Department Procurement Services Division Reference Questionnaire Solicitation: 20-7698 Reference Questionnaire for: Abilitv Housine. Inc. (Name of Company Requesting Reference Information) Stan Fitterman (Name of Individuals Requesting Reference Information) Name: Thomas J. Daly Company: City of Jacksonville - HCDD (Evaluator completing reference questionnaire) (Evaluator's Company completing reference) Email: TDaly@coj.nert FAX: 904-255-8209 904-255-8204 Collier County has implemented a process that collects reference information on firms and their key personnel to be used in the selection of firms to perform this project. The Name of the Company listed in the Subject above has listed you as a client for which they have previously performed work. Please complete the survey. Please rate each criteria to the best of your knowledge on a scale of 1 to 10, with 10 representing that you were very satisifed (and would hire the firm/individual again) and 1 representing that you were very unsatisfied (and would never hire the firm/indivdival again). If you do not have sufficient knowledge of past performance in a particular area, leave it blank and the item or form will be scored "0." Project Description: Renaissance VillW Project Budget: $6,071,423 Completion Date: 06/30/12 Project Number of Days: 365 Item Citeria Score 1 Ability to manage the project costs (minimize change orders to scope). 9 2 Ability to maintain project schedule (complete on -time or early). 8 3 Quality of work. 9 4 Quality of consultative advice provided on the project. 0 5 Professionalism and ability to manage personnel. 9 6 Project administration (completed documents, final invoice, final product turnover; invoices; manuals or going forward documentation, etc.) 8 7 Ability to verbally communicate and document information clearly and succinctly. 8 8 Abiltity to manage risks and unexpected project circumstances. 9 9 Ability to follow contract documents, policies, procedures, rules, regulations, etc. 9 10 Overall comfort level with hiring the company in the future (customer satisfaction). 9 TOTAL SCORE OF ALL ITEMS 78 o111er County Administrabve Services Division Procurement Services Date: December 17, 2019 Email: evelyii.colon@colliercountyfl.gov Telephone: (239) 252-2667 Addendum 1 From: Geoff Thomas, Procurement Strategist To: Interested Bidders Subject: Addendum # 1 Solicitation # and Title 20-7693 PUBLIC PRIVATE PARTNERSHIP (P3) - HOUSING AND LAND DEVELOPMENT COMPONENT AT THE FORMER GOLDEN GATE GOLF COURSE The following clarifications are issued as an addendurn identifying the following clarification to the scope of work, changes, deletions, or additions to the original solicitation document for the referenced solicitation: Change 1. Revised Invitation to Negotiate (ITN) Instructions Form. Change 2. Updated language in sections 1.4 of the Invitation to Negotiate. Change 3. Insurance Requirements If you require additional information please post a question on our Bid Sync (www.bids, n�) bidding platform under the solicitation for this project. Please sign peloW-Aftd,return n copy of this Addendum with your submittal for the above (Signature) Ability HOLIS1ng, Inc. (Namc of Firm) 1/27/20 Date INSURANCE AND BONDING REQUIREMENTS Insurance / Bond Type Required Limits 1. ® Worker's Compensation Statutory Limits of Florida Statutes, Chapter 440 and all Federal Government Statutory Limits and Requirements Evidence of Workers' Compensation coverage or a Certificate of L,xernptiorl issued by the State of Florida is required. Entities that are formed as Sole Proprietorships shall not be required to provide a proof of exemption. An application for exemption can he obtained online at httfM/lass Ildfs,com/bucexen�ail 2. ® Employer's Liability $_500,000 single limit per occurrence 3. ® Commercial General Bodily Injury and Property Damage Liability (Occurrence Form) patterned after the current S 1,000,000 single limit per occurrence, $2,000,000 aggregate for Bodily ISO form Injury Liability and Property Damage .Liability. This shall include Premises and Operations; Independent Contractors; Products and Completed Operations and Contractual Liability. 4. ® Indemnification To the maximum extent permitted by Florida law, the ContractorNendor shall defend, indemnify and hold harmless Collier County, its officers and employees from any and all liabilities, damages, losses and costs, including, but not limited to, reasonable attorneys' fees and paralegals' fees, to the extent caused by the negligence, recklessness, or intentionally wrongful conduct of the Contractor/ Vendor or anyone employed or utilized by the ContractorNendor in the performance of this Agreement. S. ® Automobile Liability $ 1,000,000_ Each Occurrence; Bodily Injury & Property Damage. Owned/Non-ownedfHired; Automobile Included 6, Z Other insurance as noted: ❑ Watercraft S Per Occurrence ❑ United States Longshoreman's and Harborworker's Act coverage shall be maintained where applicable to the completion of the work. $ Per Occurrence ❑ Maritime Coverage (Jones Act) shall be maintained where applicable to the completion of the work. S Per Occurrence ❑ Aircraft Liability coverage shall be carried in limits of not less than $5,000,000 each occurrence if applicable to the completion of the Services under this Agreement. $ Per Occurrence ❑ Pollution $ Per Occurrence Professional Liability S _1,000,000_ Per claim & in the aggregate 0 Project Professional Liability $ Per Occurrence ❑ Valuable Papers Insurance $ Per Occurrence ❑ Cyber Liability $ Per Occurrence ❑ Technology Errors & Omissions $ per Occurrence 7. ❑ Bid bond Shall be submitted with proposal response in the form of certified funds, cashiers' check or an irrevocable letter of credit, a cash bond posted with the County Clerk, or proposal bond in a sum equal to 5% of the cost proposal. All checks shall be made payable to the Collier County Board of County Commissioners on a bank or trust company located in the State of Florida and insured by the Federal Deposit Insurance Corporation. $. ❑ Performance and Payment For projects in excess of $200,000, bonds shall be submitted with the executed Bonds contract by Proposers receiving award, and written for 100% of the Contract award amount, the cost borne by the Proposer receiving an award. The Performance and Payment Bonds shall be underwritten by a surety authorized to do business in the State of Florida and otherwise acceptable to Owner; provided, however, the surety shall be rated as "A" or better as to general policy holders rating and Class V or higher rating as to financial size category and the amount required shall not exceed 5% of the reported policy holders' surplus, all as reported in the most current Best Key Rating Guide, published by A.M. Best Company, Inc. of 75 Fulton Street, New York, New York 10038. ® Vendor shall ensure that all subcontractors comply with the same insurance requirements that he is required to meet. The same Vendor shall provide County with certificates of insurance meeting the required insurance provisions. 10. ® Collier County must be named as "ADDITIONAL INSURED" on the Insurance Certificate for Commercial General Liability where required. This insurance shall be primary and non-contributory with respect to any other insurance maintained by, or available for the benefit of, the Additional Insured and the Vendor's policy shall be endorsed accordingly. ® The Certificate Holder shall be named as Collier County Board of County Commissioners, OR, Board of County Commissioners in Collier County, OR Collier County Government, OR Collier County. The Certificates of Insurance must state the Contract Number, or Project Number, or specific Project description, or must read: For any and all work performed on behalf of Collier County. 12. IE On all certificates, the Certificate Holder must read: Collier County Board of County Commissioners, 3295 Tantiami Trail East, Naples, FL 34112 13. ® Thirty (30) Days Cancellation Notice required. 14. Collier County shall procure and maintain Builders Risk Insurance on all construction projects where it is deemed necessary. Such coverage shall be endorsed to cover the interests of Collier County as well as the Contractor, Pren lures $hall be billed to the project and the Contractor shall not include Builders Risk premiums in its project proposal or project billings. All questions regarding Builder's Risk Insurance will be addressed by the Collier County Rink Maliagement Division. 12116/19. CC Vendor's Insurance Statement We understand the insurance requirements of these specifications and that the evidence of insurability may be required within five (5) days of the award of this solicitation. The insurance submitted must provide coverage for a minimum of six (6) months from the date of award. Name of Firm Ability Housing, nc Vendor Signature - - Print Name Shannon azworth Insurance Agency Harden Date January 27, 2020 Agent Name _Jessica Groff Telephone Number (904) 354-3785_ Collier County Solicitation 24-7698 INSTRUCTIONS TO PROPOSERS I. QUESTIONS 1.1 Direct questions related to this ITN to the Collier County Procurement Services Division Online Bidding System website: https:/lwww.bidsync.com/bidsync-cas/. 1.2 Proposers must clearly understand that the only official answer or position of the County will be the one stated on the Collier County Procurement Services Division Online Bidding System website. For general questions, please call the referenced Procurement Strategist noted on the cover page. 2. PRE -PROPOSAL CONFERENCE 2.1 The purpose of the pre -proposal conference is to allow an open forum for discussion and questioning with County staff regarding the ITN with all prospective vendors having an equal opportunity to hear and participate. Oral questions will receive oral responses, neither of which will be official, nor become part of the ITN. Only written responses to written questions will be considered official, and will be included as part of the ITN as an addendum. 2.2 All prospective vendors are strongly encouraged to attend, as, this will usually be the only pre -proposal conference for this solicitation. If this pre -proposal conference is denoted as "mandatory", prospective Vendors must be present in order to submit a proposal response. 3. COMPLIANCE WITH THE ITN Proposals must be in strict compliance with this ITN_ Failure to comply with all provisions of the ITN may result in disqualification. 4. AMBIGUITY, CONFLICT, OR OTHER ERRORS IN THE ITN It is the sole responsibility of the vendor if they discovers any ambiguity, conflict, discrepancy, omission or other error in the ITN, to immediately notify the Procurement Professional, noted herein, of such error in writing and request modification or clarification of the document prior to submitting the proposal. The Procurement Professional will make modifications by issuing a written revision and will give written notice to all parties who have received this ITN from the Procurement Services Division. 5. PROPOSALS, PRESENTATIONS, AND PROTEST COSTS The County will not be liable in any way for any costs incurred by any Vendor in the preparation of its proposal in response to this ITN, nor for the presentation of its proposal and/or participation in any discussions, negotiations, or, if applicable, any protest procedures. 6. VALIDITY OF PROPOSALS No proposal can be withdrawn after it is opened unless the vendor makes their request in writing to the County. All proposals shall be valid for a period of one hundred eighty (180) days from the submission date to accommodate evaluation and selection process. 7. METHOD OF SOURCE SELECTION 7.1 The County is using the Competitive Sealed Proposals methodology of source selection for this procurement, as authorized by Ordinance Number 2017-08, establishing and adopting the Collier County Procurement Ordinance. 7.2 If the County receives proposals from less than three (3) firms, the Procurement Director shall review all the facts and determine if it is in the best interest of the County to solicit additional proposals or request that the Selection Committee rank order the received proposals. 8. EVALUATION OF PROPOSALS 8.1 The County's procedure for selecting is as follows. 8.1.1 The Procurement Services Director shall appoint a selection committee to review all proposals submitted. 8.1.2 The Request for Proposal is issued. 8.1.3 Subsequent to the receipt closing date for the proposals, the Procurement Professional will review the proposals received and verify each proposal to determine if it minimally responds to the requirements of the published ITN. 8.1.4 Selection committee meetings will be open to the public and publicly noticed by the Procurement Services Division. 8_1.5 In an initial organization meeting, the selection committee members will receive instructions, the submitted proposals, and establish the next selection committee meeting date and time. After the first meeting, the Procurement Professional will public -ally announce all subsequent committee meeting dates and times. The subsequent meeting dates and times will be publicly posted with at least one (1) day advanced notice. 111512D24 1:15 PM p. 22 Collier County Solicitation 20.7698 8.1.6 Selection committee members will independently review and score each proposal based on the evaluation criteria stated in the request for proposal using the Individual Selection Committee Score and Rank Form and prepare comments for discussion at the next meeting. The Individual Selection Committee Score and Rank Form is merely a tool to assist the selection committee member in their review of the proposals. 9.1.7 At the publicly noticed selection committee meeting, the members will present their independent findings ! conclusions / comments based on their reading and interpretation of the materials presented to each other, and may ask questions of one another. Time will be allowed for public comment. 8.1.8 Collier County selection committee members may consider all the material submitted by the Proposer and other information Collier County may obtain to determine whether the Proposer is capable of and has a history of successfully completing projects of this type, including, without limitation, additional information Collier County may request, clarification of proposer information, and/or additional credit information. 8.1.9 Once the individual scoring has been completed, the Procurement professional will read the results publicly. Subsequent to the selection committee ranking, the top short-listed OFFERERS will them have the opportunity to present to the BOARD. Oral presentations provide the OFFERORS an opportunity to share their vision, experience, capability, and expertise with the BOARD ahead of final selection. 8.1,10 Based upon a review of the presentations and proposals, the BOARD will select the top OFFEROR(S) to negotiate as authorized in Section 11, Paragraph 7 of County Procurement Ordinance Number 2017-08. 8.1.113he COUNTY reserves the right to negotiate any element of the proposals in the best interest of the County. 8.2 The County reserves the right to withdraw this ITN at any time and for any reason, and to issue such clarifications, modifications, addendums, and/or amendments as it may deem appropriate, including, but not limited, to requesting supplemental proposal information. 8.3 Receipt of a proposal by the County offers no rights upon the proposer nor obligates the County in any manner. 3A Acceptance of the proposal does not guarantee issuance of any other governmental approvals. 9. REFERENCES The County reserves the right to contact any and all references submitted as a result of this solicitation. 10. RESERVED RIGHTS Collier County reserves the right in any solicitation to accept or reject any or all bids, proposals or offers; to waive minor irregularities and technicalities; or to request resubmission. Also, Collier County reserves the right to accept all or any part of any bid, proposal, or offer, and to increase or decrease quantities to meet additional or reduced requirements of Collier County. Notwithstanding any other provisions of this Article, if none or only one responsive and responsible bid or proposal is received following any solicitation, the County Manager, or designee, reserves the right to reject all bids, proposals or offers and to negotiate with any responsible providers to secure the best terms and conditions in the sole interest of the County unless otherwise provided by law. 11, INSURANCE AND BONDING REQUIREMENTS 11.1 The Vendor shall at its own expense, carry and maintain insurance coverage from responsible companies duly authorized to do business in the State of Florida as set forth in the Insurance and Bonding attachment of this solicitation, The Vendor shall procure and maintain property insurance upon the entire project, if required, to the full insurable value of the scope of work. 11.2 The County and the Vendor waive against each other and the County's separate Vendors, Contractors, Design Vendor, Subcontractors agents and employees of each and all of them, all damages covered by property insurance provided herein, except such rights as they may have to the proceeds of such insurance. The Vendor and County shall, where appropriate, require similar waivers of subrogation from the County's separate Vendors, Design Vendors and Subcontractors and shall require each of them to include similar waivers in their contracts_ 11.3 Collier County shall be responsible for purchasing and maintaining, its own liability insurance. 11.4 Certificates issued as a result of the award of this solicitation must identify "For any and all work performed on behalf of Collier County." 11.5 The General Liability Policy provided by Vendor to meet the requirements of this solicitation shall name Collier County, Florida, as an additional insured as to the operations of Vendor under this solicitation and shall contain a severability of interests provisions. 11.6 Collier County Board of County Commissioners shall be named as the Certificate Holder. The Certificates of Insurance must state the Contract Number, or Project Number, or specific Project description, or must read. For any and all work performed on behalf of Collier County. The "Certificate Holder" should read as follows: Collier County Board of County Commissioners 1/1512020 1:16 PM p, 23 Collier County Naples, Florida Solicits ion 20-7e9t1 11.7 The amounts and types of insurance coverage shall conform to the minimum requirements set forth in Insurance and Bonding attachment, with the use of insurance Services Office (ISO) forms -and endorsements or their equivalents. If Vendor has any self -insured retentions or deductibles under any of the below listed minimum required coverage, Vendor must identify on the Certificate of Insurance the nature and amount of such self- insured retentions or deductibles and provide satisfactory evidence of financial responsibility for such obligations. All self -insured retentions or deductibles will be Vendor's sole responsibility. 11..8 Coverage(s) shall be maintained without interruption from the date of commencement of the Work until the date of completion and acceptance of the scope of work by the County or as specified in this solicitation, whichever is longer, 11.9 The Vendor and/or its insurance carrier shall provide 30 days written notice to the County of policy cancellation or non renewal on the part of the insurance carrier or the Vendor. The Vendor shall also notify the County, in a like manner, within twenty-four (24) hours after receipt, of any notices of expiration, cancellation, non -renewal or material change in coverage or limits received by Vendor frorn its insurer and nothing contained herein shall relieve Vendor of this requirement to provide notice. In the event of a reduction in the aggregate limit of any policy to be provided by Vendor hereunder, Vendor shall immediately take steps to have the aggregate limit reinstated to the full extent permitted under such policy. 11.10 Should at any time the Vendor not maintain the insurance coverage(s) required herein, the County may terminate the Agreement or at its sole discretion shall be authorized to purchase such coverage(s) and charge the Vendor for such coverage(s) purchased. If Vendor fails to reimburse the County for such costs within thirty (30) days after demand, the County has the right to offset these costs from any amount due Vendor under this Agreement or any other agreement between the County and Vendor, The County shall be under no obligation to purchase such insurance, nor shall it be responsible for the coverage(s) purchased or the insurance company or companies used. The decision of the County to purchase such insurance coverage(s) shall in no way he construed to be a waiver of any of its rights under the Contract Documents. 11.11 If the initial or any subsequently issued Certificate of Insurance expires prior to the completion of the scope of work, the Vendor shall furnish to the County renewal or replacement Certificate(s) of Insurance not later than ten (10) calendar days after the expiration date on the certificate, Failure of the Vendor to provide the County with such renewal certificate(s) shall be considered justification for the County to terminate any and all contracts. 12. ADDITIONAL ITEMS ANDIOR SERVICES Additional items and 1 or services may be added to the resultant contract, or purchase order, in compliance with the Procurement Ordinance. 13. COUNTY'$ R1GI.1T TD INNPECT The County or its authorized Agent shall have the right to inspect the Vendor's facilities/project site during and after each work assignment the Vendor is performing. 14. VENDOR PERFORMANCE EVALUATION The County has implemented a Vendor Performance Evaluation System for all contracts awarded in excess of $25,000. To this end, vendors will be evaluated on their performance upon completioniterminaiion of this Agreement. The County reserves the right to take into consideration a vendor's past performance under a prior or current County contract when it is considering the granting of a new contract, the assignment of a work order, or any additional work. Past poor performance may result in the County deeming the vendor non -responsible and therefore refraining from awarding such work. 15. ADDITIONAL TERMS AND CONDITIONS OF CONTRACT 15.1 The selected Vendor shall be required to sign a standard Collier County contract. M2 The resultant contract(s) may include purchase or work orders issued by the County's project manager. 15.3 The County reserves the right to include in any contract document such terms and conditions, as it deems necessary for the proper protection of the rights of Collier County. A sample copy of this contract is available upon request. The County will not be obligated to sign any contracts, maintenance and/or service agreements or other documents provided by the Vendor. 15.4 The County's project manager shall coordinate with the Vendor I Contractor the return of any surplus assets, including materials, supplies, and equipment associated with the scope or work. 16. PUBLIC RECORDS COMPLIANCE 16.1 Florida Public Records Law Chapter 119, including specifically those contractual requirements in 119.0701(2)(a)-(b) as follows: 1/1512020 1�16 PM p. 24 Collier County Solicitation 20-7698 IF THE CONTRACTOR HAS QUESTIONS REGARDING THE APPLICATION OF CHANTER 119, FLORIDA STATUTES, TO THE CONTRACTOR'S DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS CONTRACT, CONTACT THE CUSTODIAN OF PUBLIC RECORDS AT: Communication and Customer Relations Division 3299 Tatlllliami Trail East Suite 102 Naples, FL 34112-5746 Telephone: (239) 252-8353 16.2 The Contractor must specifically comply with the Florida Public Records Law to: 16.2.1 Deep and maintain public records required by the public agency to perform the service. 16.2.2 Upon request from the public agency's custodian of public records, provide the public agency with a copy of the requested records or allow the records to be inspected or copied within a reasonable time at a cost that does not exceed the cost provided in this chapter or as otherwise provided by law. 16.2.3 Ensure that public records that are exempt or confidential and exempt from public records disclosure requirements are not disclosed except as authorized by law for the duration of the contract term and following completion of the contract if the Contractor does not transfer the records to the public agency. 16.2.4 Upon completion of the contract, transfer, at no cost, to the public agency all public records in possession of the Contractor or keep and maintain public records required by the public agency to perform the service. If the Contractor transfers all public records to the public agency upon completion of the contract, the Contractor shall destroy any duplicate public records that are exempt or confidential and exempt from public records disclosure requirements. If the Contractor keeps and maintains public records upon completion of the contract, the Contractor shall meet all applicable requirements for retaining public records. All records stored electronically must be provided to the public agency, upon request from the public agency's custodian of public records, in a format that is compatible with the information technology systems of the public agency_ 17, PAYMENT MET140D 17.1 Payments are made in accordance with the Local Government Prompt Payment Act, Chapter 218, Florida Statutes. Vendor's invoices must include: 17. 1.1 Purchase Order Number 17.1.2 Description and quantities of the goods or services provided per instructions on the County's purchase order or contract. Invoices shall be sent to: Board of County Commissioners Clerk's Finance Department ATTN: Accounts Payable 3299 Tamiamil Trail East, Suite 700 Naples FL 341.12 Or Emailed to: bccanclerk0collierclerk.cum 17.2 Payments will be made for articles andfor services furnished, delivered, and accepted, upon receipt and approval of invoices submitted on the date of services or within six (6) months after completion of contract. Any untimely submission of invoices beyond the specified deadline period is subject to non-payment under the legal doctrine of "lathes" as untimely submitted. Time shall be deemed of the essence with respect to the timely submission of invoices under this agreement. 17.3 in instances where the successful contractor may owe debts (including, but not limited to taxes or other fees) to Collier County and the contractor has not satisfied nor made arrangement to satisfy these debts, the County reserves the right to off -set the amount owed to the County by applying the amount owed to the vendor or contractor for services performed of for materials delivered in association with a contract. 17.4 Invoices shall not reflect sales tax. After review and approval, the invoice will be transmitted to the Finance Division for payment. Payment will be made upon receipt of proper invoice and in compliance with Chapter M Florida Statutes, otherwise known as the "Local Government Prompt Payment Act." Collier County reserves the right to withhold and/or reduce an appropriate amount of any payment for work not performed or for unsatisfactory performance of Contractual requirements. V1512020 116 PM p, 25 Collier County 18. ENVIRONMENTAL HEALTH AND SAFETY 5olidta0vn 20-7693 18.1 All Vendors and Sub Vendors performing service for Collier County ate required and shall comply with all Occupational Safety and Health Administration (OSHA), State and County Safety and Occupational Health Standards and any other applicable rules and regulations. Vendors and Sub Vendors shall be responsible for the safety of their employees and any unsafe acts or conditions that may cause injury or damage to any persons or property within and around the work site. All firewalI penetrations must be protected in order to meet Fire Codes. 18.2 Collier County Government has authorized OSHA representatives to enter any Collier County facility, property and/or right-of-way for the purpose of inspection of any Vendor's work operations. This provision is non-negotiable by any department and/or Vendor. 18.3 All new electrical installations shall incorporate NFPA 70E Short Circuit Protective Device Coordination and Arc Flash Studies where relevant as determined by the engineer. 18.4 All electrical installations shall be Labeled with appropriate NFPA 70E arch flash boundary and PPE Protective labels. 19. POLLUTION PREVENTION The vendor is required to implement industry relevant pollution prevention and best management practices. Should pollution incidents occur, Collier County pollution Control must be notified immediately. 20. LICENSES 20.1 The Vendor is required to possess the correct Business Tax Receipt, professional license, and any other authorizations necessary to carry out and perform the work required by the project pursuant to all applicable Federal, State and Local Law, Statute, Ordinances, and rules and regulations of any kind. Additionally, copies of the required licenses must be submitted with the proposal response indicating that the entity proposing, as well as the team assigned to the County account, is properly licensed to perform the activities or work included in the contract documents. Failure on the part of any Vendor to submit the required documentation may be grounds to deem Vendor non -responsive. A Vendor, with an office within Collier County is also required to have an occupational license. 20.2 All State Certified contractors who may need to pull Collier County permits or call in inspections must complete a Collier County Contractor License registration form and submit the required fee. After registering the licenselregistration will need to be renewed thereafter to remain "active" in Collier County. 20.3 If you have questions regarding professional licenses contact the Contractor Licensing, Community Development and Environmental Services at (239) 252-2431, 252-2432 or 252-2909. Questions regarding required occupational licenses, please contact the Tax Collector's Office at (239) 252-2477_ 21. PRINCIPAi,/COLLUSION By submission of this Proposal the undersigned, as Vendor, does declare that the only person or persons interested in this Proposal as principal or principals is/are named therein and that no person other than therein mentioned has any interest in this Proposal or in the contract to be entered into; that this Proposal is made without connection with any person, company or parties making a Proposal, and that it is in all respects fair and in good faith without collusion or fraud. 22. RELATION OF COUNTY It is the intent of the parties hereto that the Vendor shall be legally considered an independent Vendor, and that neither the Vendor nor their employees shall, under any circumstances, be considered employees or agents of the County, and that the County shall be at no time legally responsible for any negligence on the part of said Vendor, their employees or agents, resulting in either bodily or personal injury or property damage to any individual, firm, or corporation. 23. TERMINATION Should the Vendor be found to have failed to perform services in a manner satisfactory to the County, the County may terminate this Agreement immediately for cause; further the County may terminate this Agreement for convenience with a thirty (30) day written notice. The County shall be sole judge of non performance. In the event that the award of this solicitation is made by the Procurement Services Director, the award and any resultant purchase orders may be terminated at any time by the County upon thirty (30) days written notice to the awarded vendor(s) pursuant to the Board's Procurement Ordinance, 24. LOBBYING After the issuance of any solicitation, no current or prospective vendor or any person acting on their behalf, shall contact, communicate with or discuss any matter relating to the solicitation with any Collier County employee or elected or appointed official, other than the procurement Services Director or his/her designees. This prohibition ends upon execution of the final contract or upon cancellation of the solicitation. Any current or prospective vendor that lobbies any Collier County employee or elected or appointed official while a solicitation is open or being recommended for award (i) may be deemed ineligible for award of that solicitation by the Procurement Services Director, and (ii) will be subject to Suspension and Debarment outlined in section Twenty-eight of County Ordinance 2017-08. V1512o201:16 PM P. 26 Collier County Solicltatlon 20-7698 25. CERTIFICATE OF AUTHORITY TO CONDUCT. BUSINESS 1N THIS: STATE 01; FLORIDA (FI, Statute607.1501) In order to be considered for award, firms must be registered with the Florida Department of State Divisions of Corporations in accordance with the requirements of Florida Statute 607.1501 and provide a certificate of authority (www.sunbiz.org/seareli.htrnl) prior to execution of a contract. A copy of the document may be submitted with the solicitation response and the document number shall be identified. Firms who do not provide the certificate of authority at the time of response shall be required to provide same within five (5) days upon notification of selection for award. If the firm cannot provide the document within the referenced timeframe, the County reserves the right to award to another firm. 26. SINGLE PROPOSAL Each Vendor must submit, with their proposal, the required forms included in this ITN. Only one proposal from a legal entity as a primary will be considered. A legal entity that submits a proposal as a primary or as part of a partnership or joint venture submitting as primary may not then act as a sub -vendor to any other firm submitting under the same ITN. If a legal entity is not submitting as a primary or as part of a partnership or joint venture as a primary, that legal entity may act as a sub -vendor to any other firm or firms submitting under the same ITN. All submittals in violation of this requirement will be deemed non -responsive and rejected from further consideration. 27. PROTEST PROCEDURES 27.1 With respect to a protest of the terms, conditions and specifications contained in a solicitation, including any provisions governing the methods for evaluation of bids, proposals or replies, awarding contracts, reserving rights for further negotiation or modifying or amending any contract, the protesting party shall file a notice of intent to protest within three (3) days, excluding weekends and County holidays, after the first publication, whether by posting or formal advertisement of the solicitation. The formal written protest shall be filed within five (5) days of the date the notice of intent is riled. Formal protests of the terms, conditions and specifications shall contain all of the information required for the Procurement Services Director, to render a decision on the formal protest and determine whether postponement of the bid opening or proposal/response closing time is appropriate. The Procurement Services Director's decision shall be considered final and conclusive unless the protesting party files an appeal of the Procurement Services Director's decision. 27.2 Any actual proposer or respondent to who desires to protest a recommended contract award shall submit a notice of intent to protest to the Procurement Services Director within three (3) calendar days, excluding weekends and County holidays, from the date of the initial posting of the recommended award. 27.3 All formal protests with respect to a recommended contract award shall be submitted in writing to the Procurement Services Director for a decision. Said protests shall be submitted within five (5) calendar days, excluding weekends and County holidays, from the date that the notice of intent to protest is received by the Procurement Services Director, and accompanied by the required fee. 27.4 Complete form and instructions for formal protest are set forth in Section 23 of Collier County Ordinance 2017-0$_ The protesting party must have standing as defined by established Florida case law to maintain a protest. 28, PUBLIC ENTITY CRIME A person or affiliate who has been placed on the convicted Vendor list following a conviction for a public entity crime may riot submit a bid, proposal, or reply on a contract to provide any goods or services to a public entity; may not submit a bid, proposal, or reply on a contract with a public entity for the construction or repair of a public building or public work; may not submit bids, proposals, or replies on leases of real property to a public entity; may not be awarded or perform work as a contractor, supplier, subcontractor, or vendor under a contract with any public entity; and may not transact business with any public entity in excess of the threshold amount provided in s. 287,017 for CATEGORY TWO for a period of 36 months following the date of being placed on the convicted Vendor list. 29. SECURITY AND BACKGROUND CHECKS 29.1 The Contractor is required to comply with County Ordinance 2004-52, as amended. Background checks are valid for five (5) years and the Contractor shall be responsible for all associated costs. If required, Contractor shall be responsible for the costs of providing background checks by the Collier County Facilities Management Division for all employees that shall provide services to the County under this Agreement. This may include, but not be limited to, checking federal, state and local law enforcement records, including a state and FBI fingerprint check, credit reports, education, residence and employment verifications and other related records. Contractor shall be required to maintain records on each employee and make them available to the County for at least four (4) years. 29.2 All of Contractor's employees and subcontractors must wear Collier County Government Identification badges at all times while performing services on County facilities and properties. Contractor ID badges are valid for one (1) year from the date of issuance and can be renewed each year at no cost to the Contractor during the time period in which their background check is valid, as discussed below. All technicians shall have on their shirts the name of the contractor's business. 29.3 The Contractor shall immediately notify the Collier County facilities Management Division via e-mail (DL- 10512020 1:16 PM p. 27 Collier County Solicitation 20-7698 FMOPS rr colliergov,net) whenever an employee assigned to Collier County separates from their employment_ This notification is critical to ensure the continued security of Collier County facilities and systems. Failure to notify within four (4) hours of separation may result in a deduction of $500 per incident. 29A CCSO requires separate fingerprinting prior to work being performed in any of their locations, This will be coordinated upon award of the contract. If there are additional fees for this process} the vendor is responsible for all costs. 30. CONFLICT OF INTEREST Vendor shall complete the Conflict of Interest Affidavit included as an attachment to this ITN document. Disclosure of any potential or actual conflict of interest is subject to County staff review and does not in and of itself disqualify a firm from consideration. These disclosures are intended to identify and or preclude conflict of interest situations during contract selection and execution. 31. PROHIBITION OF GIFTS TO COUNTY EMPLOYEES No organization or individual shall offer or give, either directly or indirectly, any favor, gift, loan, fee, service or other item of value to any County employee, as set forth in Chapter 112, Part III, Florida Statutes, the current Collier County Ethics Ordinance and County Administrative Procedure 5311. Violation of this provision may result in one or more of the following consequences; a. Prohibition by the individual, firm, and/or any employee of the firm from contact with County staff for a specified period of time; b. Prohibition by the individual and/or firm from doing business with the County for a specified period of time, including but not limited to: submitting bids, ITN, and/or quotes; and, c. immediate termination of any contract held by the individual and/or firm for cause. 32. IMMIGRATION LAW AF FIDAVIT CERTIFICATIQIV 32,1 Statutes and executive orders require employers to abide by the immigration laws of the United States and to employ only individuals who are eligible to work in the United States. 32.2 The Employment Eligibility Verification System (F Verify) operated by the Department of Homeland Security (DHS) in partnership with the Social Security Administration (SSA), provides an Internet -based means of verifying employment eligibility of workers in the United States; it is not a substitute for any other employment eligibility verification requirements. The program will be used for Collier County formal Invitations to Bid (ITB) and Request for Proposals (1TN) including Request for Professional Services (ITN) and construction services. 32.3 Exceptions to the program: 32.3.1 Commodity based procurement where no services are provided. 32.3.2 Where the requirement for the affidavit is waived by the Board of County Commissioners 32.4 Vendors / Bidders are required to enroll in the E-Verify program, and provide acceptable evidence of their enrollment, at the time of the submission of the Vendor'sNddcr's proposal. Acceptable evidence consists of a copy of the properly completed E-Verify Company Profile page or a copy of the fully executed E-Verify Memorandum of Understanding for the company. Vendors are also required to provide the Collier County Procurement Services Division an executed affidavit certifying they shall comply with the E-Verify Program. The affidavit is attached to the solicitation documents. If the Bidder/Vendor does not comply with providing the acceptable E-Verify evidence and the executed affidavit the bidder's / Vendor's proposal may be deemed non -responsive. 32.5 Additionally, Vendors shall require all subcontracted Vendors to use the E-Verify system for all purchases not covered under the "Exceptions to the program" clause above. 32.6 For additional information regarding the Employment Eligibility Verification System (E-Verify) program visit the following website: http://www.dhs,gov/E-Verify. It shall be the Vendor's responsibility to familiarize themselves with all rules and regulations governing this program. 32.7 Vendor acknowledges, and without exception or stipulation, any firm(s) receiving an award shall be fully responsible for complying with the provisions of the Immigration Reform and Control Act of 1986 as located at 8 U.S.C. 1324, et seq. and regulations relating thereto, as either may be amended and with the provisions contained within this affidavit. Failure by the awarded firm(s) to comply with the laws referenced herein or the provisions of this affidavit shall constitute a breach of the award agreement and the County shall have the discretion to unilaterally terminate said agreement immediately. T Yes r No Certification: I certify that I am in agreement, to the best of my knowledge, with the Instructions To Proposers above_ 1/1512020 1:16 PM p. 28 cAler County Administrative Services Division Procurement Services Date: December 26, 2019 Email: Viviana.Giarimoustas@colliercountyfl.gov Telephone: (239) 252-8375 Addendum 2 From: Viviana Giarimoustas, Procurement Strategist To: Interested Bidders Subject: Addendum # 2 Solicitation # 20-7698 PUBLIC PRIVATE PARTNERSHIP (M) - HOUSING AND LAND DEVELOPMENT COMPONLNT AT THE FORMER GOLDEN GATE GOLF COURSE The following clarifications are issued as an addendum identifying the following clarification to the scope of work, changes, deletions, or additions to the original solicitation document for the referenced solicitation: Attachment A and Appendix B have been added below. If you require additional information, please post a question on our Bid Sync (www.bidsync.com) bidding platform under the solicitation for this project. )Please sou b reference_ refit ion —ter -r (Signature) Ability Housing, Inc. (Name of Firm) rn a copy of this Addendum with your submittal for the above 4 1/27/20 Date Collier Cou�ziCy Administrative Services Division Procurement SeMces Date: January 3, 20120 Finail: Viviana.Giarimoustas@colliercountyfl.gov Telephone: (239) 252-8375 Addendum 3 From: Vivian Giarimoustas, Procurement Strategist To: Interested Bidders Subject: Addendum 9 3 Solicitation 9 20-7698 Pr' SLIC PRIVATE PARTNERSHIP (P3) - HOUSING AND LAND DEVELOPMENT COMPONENT AT THE FORMER GOLDEN GATE GOLF COURSE The following clarifications are issued as an addendum identifying the following clarification to the scope of work, changes, deletions, or additions to the original solicitation document for the referenced solicitation: I. This solicitation is being extended to Tuesday, January 28, 2020, 3:00 PM EST. 2. Please see the following clarifications in response to inquiries received regarding Solicitation 420- 7698, for a P3 housing and land development component at the former Golden Gate Golf Course. Some interested proposers have asked for clarification regarding rental rates and income requirements and what the County is seeking to develop. The County is seeking to provide rent limited rental units, where renter qualifications maybe based on occupation and income but where income is not a final limiting factor. It is conceivable that rental units while being rented at a rate equivalent to 80% Area Median Income (AMI) and its occupants have an income above 100% AMI. In the responses to this solicitation proposers should demonstrate that they have the capability, vision, and flexibility to work with the County and the Community Foundation to develop, manage, and maintain this project. These responses should remain high-level demonstrations that exhibit the firm's capabilities, project specific details will be identified through a consulting phase with input from the County, Community Foundation, and selected firm. The selected proposer will begin a two-step process. In the first step (consulting and business plan development phase), the firm will enter into an exclusive partner contract with County to refine their proposal by working with the County to go through the zoning process, define the land to be set aside, create preliminary site plans, and develop a final business plan. The plan will solidify the rental rates, criteria for qualifying, and finalize the ownership and management terms. In this phase the selected firm will be at the table with the County, the Community Foundation, and the engineeringlpIanning firm as a partner. Upon completion of the business plan, the selected firm would work with the County to finalize the contract for the project. Step two (construction, management, and ownership phase) would bring a detailed contract to the Board with specific terms and conditions along with the committed financial support of the Community Foundation. The following clarification points should provide clarification regarding the solicitation. Within the introduction the second paragraph includes the following sentence: • In addition, the OFFEROR must produce a product that will be affordable to households earning between 30-80% of Area Median Income. This should be: In addition, the OFFEROR must —hi ,uld produce a product fliat will be affordable to liewse fields earring %. ills rk nla1 rates between 30-80% of Area Median Income I ex: 2019 max real: OW! 1IOL11' 011i .ti l .175. i��o bedroom S 1.410. three NdrOori w l _6247 . In regard to the Detailed Scope of Work, subsection 2: • The following correction to the following sentence: For example, those proposals offering a variety of unit types and in i%tmi it levels containing all the uses listed may rate higher than a proposal with only some of the uses. ■ The County is not seeking to develop a low-income housing development but to provide affordable housing for essential services employees in the County ■ A minimum of 10% of units should be set aside for seniors, veterans, considerations for these individuals with special needs will be viewed favorably. A majority of the units will be reserved for Essential Services employees and their families: o Teachers a fire fighters o sheriff's officers o nurses o EMTs o etc. * Proposers that present target rental rates between that are equivalent to between 30-80% of Area median income are preferred • Proposals with rental rates exceeding 80% of area median income should provide justification for the proposed rates (ex: 2019 max rents = one bedroom $1,175, two bedroom $1,410, three bedrooms $1,629) • State or Federal funding is not required in order to submit a proposal but may be sought by proposers • income based criteria for renters is only applicable to the extent that may be required if State or Federal funding is obtained, otherwise renters are not required to meet income thresholds Within the Scoring Criteria for Ranking Proposals section, Evaluation Criteriallo. 2, subsection 3: • The third bullet point is mistyped it should be split into separate bullet points as laid out in the Detailed Scope of Work Section o Define project set -asides • at least 10% for seniors, veterans, considerations for these individuals with special needs will be viewed favorably. ■ essential employees and their families such as: teachers, fire fighters, sheriff's officers, nurses, and EMTs, etc. If you require additional information, please post a question on our Bid Sync (www.bidsyng.cosn) bidding platform under the solicitation for this project. Please sign belw-a-nd-mourn a copy of this Addendum with your submittal for the above (Signature) Ability Housing, Inc. (Name of Firm) 1 /27/20 Date Collier County Administra6ve Services Division Proruremenl Services Date: January 10, 2020 Email: eve lyn.colon[,}a colliercountyfl.gov Telephone: (239) 252-2667 Addendum 4 From: Evelyn Colon, Procurement Strategist To: Interested Bidders Subjects Addendum # 4 Solicitation # and Title 20-7698 PUBLIC PRIVATE PARTNERSHIP (P3) - HOUSING AND LAND DEVELOPMENT COMPONENT AT THE FORMER GOLDEN GATE GOLF COURSE The following clarifications are issued as an addendum identifying the following clarification to the scope of work, changes, deletions, or additions to the original solicitation document for the referenced solicitation: Change 1. Removing the original copy of the solicitation. Addendum I provided a revised version. If you require additional information please post a question on our Bid Sync (www.bidsync.com) bidding platform under the solicitation for this project. Please sign halo nd--fflu n a copy of this Addendum with your submittal for the above refercneet,sio l c ioii. l /27/20 (Signature) Date Ability Housing, Inc. (Name of Firm) Cher County Administ alive Services division Procurement 5ervires Date: January 15, 2020 Email: evelyn.colon@colliercountyfl.gov Telephone: (239) 252-2667 Addendum 5 From: Evelyn Colon, Procurement Strategist To: Interested Bidders Subject; Addendum # 5 Solicitation # and Title 20-7695 HOUSING AND LAND DEVELOPMENT COMPONENT AT THE FORMER GOLDEN GATE GOLF COURSE The following clarifications are issued as an addendum identifying the following clarification to the scope of work, changes, deletions, or additions to the original solicitation document for the referenced solicitation: Change 1. Changes the title on this project and removes the "Public Private Partnership" reference throughout the solicitation document. A revised solicitation is being provided. If you require additional information please post a question on our Bid Sync (www.bidsync.com) bidding platform under the solicitation for this project. Please sign helow d-re�n copy of this Addendum with your submittal for the ak,ove referenced stliar >,7 (Signature) Ability Housing, Inc. (Name of Firm) 1/27/20 Date Collier Cotisnty Administrative Services Department Procurement Services Division Form 2: Vendor Check List Updated: October 24"' 2019 IMPORTANT: THIS SHEET MUST BE SIGNED. Please read carefully, sign in the spaces indicated and submit with your Proposal through Bidsync. Vendor should check off each of the following items as the necessary action is completed: [I The Solicitation Submittal has been signed. ❑ The Solicitation Pricing Document (Bid Schedule/Quote Schedule/etc.) has been completed and attached. ® All applicable forms have been signed and included, along with licenses to complete the requirements of the project. [ Any addenda have been signed and included. ❑ Affidavit for Claiming Status as a Local Business, if araalicable. Collier or Lee County Business Tax Receipt.MUST be included. ® Proof of status from Division of Corporations - Florida Department of State (If work performed in the State) - http://dos.mvflorida.com/sunbiz/. Proof of E-Verify (Memorandum of Understanding or Company Profile page) and Immigration Affidavit MUST be included - httos://www.e-verify.aov/. ❑ Grant Provisions and Assurances package in its entirety, if applicable. ® Reference Questionnaires MUST be included or you may be deemed non -responsive. ALL SUBMITTALS MUST HAVE THE SOLICITATION NUMBER AND TITLE Name of Firm: cw , Address: City, State, Zip: Telephone: �"E' .X—C t c) I Email: Representative Signature: , Representative Name: �i�li /'1f�p'!l nC�.�Zi l�(3v°ry�_., kDate t I ]) ` 4) Cover County Administrative Senrioes Department Procurement servlCEs Division Form 3: Conflict of Interest Affidavit The Vendor certifies that, to the best of its knowledge and belief, the past and current work on any Collier County project affiliated with this solicitation does not pose an organizational conflict as described by one of the three categories below: Biased ground rules — The firm has not set the "ground rules" for affiliated past or current Collier County project identified above (e.g., writing a procurement's statement of work, specifications, or performing systems engineering and technical direction for the procurement) which appears to skew the competition in favor of my firm. Impaired objectivity —The firm has not performed work on an affiliated past or current Collier County project identified above to evaluate proposals I past performance of itself or a competitor, which calls into question the contractor's ability to render impartial advice to the government. Unequal access to information —The firm has not had access to nonpublic information as part of its performance of a Collier County project identified above which may have provided the contractor (or an affiliate) with an unfair competitive advantage in current or future solicitations and contracts. In addition to this signed affidavit, the contractor / vendor must provide the fol lowing: 1. All documents produced as a result of the work completed in the past or currently being worked on for the above -mentioned project; and, 2. Indicate if the information produced was obtained as a matter of public record (in the "sunshine") or through non-public (not in the "sunshine") conversation (s), meeting(s), document(s) and/or other nteans. Failure to disclose all material or having an organizational conflict in one or more of the three categories above be identified, may result in the disqualification for future solicitations affiliated with the above referenced project(s). By the signature below, the firm (employees, officers and/or agents) certifies, and hereby discloses, that, to the best of their knowledge and belief, all relevant facts concerning past, present, or currently planned interest or activity (financial, contractual, organizational, or otherwise) which relates to the project identified above has been fully disclosed and does not pose an organizational conflict. Firm: Ability Housi Signature and Date: Print Name. Shannon Nazworth Title of Signatory: President and CEO Coller County Administrative Services Depaftent Procursmenl8eivicas pivision Form 4. Vendor Declaration Statement BOARD OF COUNTY COMMISSIONERS Collier County Government Complex Naples, Florida 34112 Dear Commissioners: The undersigned, as Vendor declares that this response is made without connection or arrangement with any other person and this proposal is in every respect fair and made in good faith, without collusion or fraud. The Vendor agrees, if this solicitation submittal is accepted, to execute a Collier County document for the purpose of establishing a formal contractual relationship between the firm and Collier County, for the performance of all requirements to which the solicitation pertains. The Vendor states that the submitted is based upon the documents listed by the above referenced Solicitation. Further, the vendor agrees that if awarded a contract for these goods and/or services, the vendor will not be eligible to compete, submit a proposal, be awarded, or perform as a sub -vendor for any future associated with wont that is a result of this awarded contract. IN WITH •SS WHEREOF, WE have hereunto subscribed our names on this Aq day of , 20.2bin the County of D'Jye , in the State of Tjo, % , g_, Firm's Legal Name: Address: City, State, Zip Code: Florida Certificate of Authority Document Number Federal Tax Identification Number *CCR # or CAGE Code *Only if Grant Funded Telephone: Signature by: (Typed and written) Title; Ability Housing, Inc. 3740 Beach Boulevard, Suite 304 Jacksonville, FL 32207 N45570 59-3087085 (904)159-9650 Shannon Nazworth, President and CEO Additional Contact Information Send payments to: (required if different from Company name used as payee above) Contact name: Title: Address: City, State, ZIP Telephone; Email: Office servicing Collier County to place orders (required if different from above) Contact name: Title; Address: City, State, ZIP Telephone: Email: Cv1ter Couftlty Adminisl the Senrices Department Procurement Sarvioes Oitison Form St Immigration Affidavit Certification This Affidavit is required and should be signed, by an authorized principal of the firm and submitted with formal solicitation submittals. Further, Vendors are required to enroll in the E-Verify program, and provide acceptable evidence of their enrollment, at the time of the submission of the Vendor's proposal. Acceptable evidence consists of a copy of the properly completed 1-Verify Company Profile page or a copy of the fully executed E-Verify Memorandum of Understanding for the company. Failure to include this Affidavit and acce tlabie evidence of enrollment in tlic E-Verifyaro rain may deem the Vendor's nro tosal as non responsive ht :/lwww.e—veril uvl_ Collier County will not intentionally award County contracts to any Vendor who knowingly employs unauthorized alien workers, constituting a violation of the employment provision contained in S U.S.C. Section 1324 a(e) Section 274A(e) of the Immigration and Nationality Act ("[NA" ). Collier County may consider the employment by any Vendor of unauthorized aliens a violation of Section 274A (a) of the INA. Such Violation by the recipient of the Employment Provisions contained in Section 274A (e) of the INA shall be grounds for unilateral termination of the contract by Collier County. Vendor attests that they are fully compliant with all applicable immigration laws (specifically to the 1986 Immigration Act and subsequent Amendinent(s)) and agrees to comply with the provisions of the Memorandum of Understanding with E-Verify and to provide proof of enrollment in The Employment Eligibility Verification System (E-Verify), operated by the Department of Homeland Security in partnership with the Social Security Administration at the time of submission of the Vendor's proposal. Company Name Ability Housing, Inc. Print Name Shanno azwa Title President and CEO Signature { Date 1 /27/20 a m' CL e a 0 m 1w ry ry r1 It 1L d W u. C 4 C�y WLn Ln Ln ko LU 40 Ln Lf) Ln ++ = G ~ LC] VI 0= . CD m CD rn rn H 1 F TT r G L V 0 In C IG 0 O C 4 4-1 41 rp ry 19 t4 C C C E E E x� b E E E 2 2 m 01 ❑7 ❑1 4 0 ❑ iL fL a. ❑ > LZ a1 a di u m eu :E a z IV N Ln m E-Verifv- Company IV Number: 1172142 THE E-VERIFY MEMORANDUM OF UNDERSTANDING FOR EMPLOYERS ARTICLE I PURPOSE AND AUTHORITY The parties to this agreement are the Department of Homeland Security (DHS) and the Ability Housing (Employer). The purpose of this agreement is to set forth terms and conditions which the Employer will follow while participating in E-Verify. E-Verify is a program that electronically confirms an employee's eligibility to work in the United States after completion of Form 1-9, Employment Eligibility Verification (Form 1-9). This Memorandum of Understanding (MOU) explains certain features of the E-Verify program and describes specific responsibilities of the Employer, the Social Security Administration (SSA), and DHS. Authority for the E-Verify program is found in Title IV, Subtitle A, of the Illegal Immigration Reform and Immigrant Responsibility Act of 1996 (11RIRA), Pub. L, 104-208, 110 Stat. 3009, as amended (8 U.S.C. § 1324a note). The Federal Acquisition Regulation (FAR) Subpart 22.18, "Employment Eligibility Verification" and Executive Order 12989, as amended, provide authority for Federal contractors and subcontractors (Federal contractor) to use E-Verify to verify the employment eligibility of certain employees working on Federal contracts. ARTICLE Il RESPONSIBILITIES A. RESPONSIBILITIES OF THE EMPLOYER 1. The Employer agrees to display the following notices supplied by DHS in a prominent place that is clearly visible to prospective employees and all employees who are to be verified through the system: a. Notice of E-Verify Participation b. Notice of Right to Work 2_ The Employer agrees to provide to the SSA and DHS the names, titles, addresses, and telephone numbers of the Employer representatives to be contacted about E-Verify. The Employer also agrees to keep such information current by providing updated information to SSA and DHS whenever the representatives' contact information changes. 3. The Employer agrees to grant E-Verify access only to current employees who need E-Verify access. Employers must promptly terminate an employee's E-Verify access if the employer is separated from the company or no longer needs access to E-Verify. Page 1 of 17 E-Verify MOU for Employers 1 Revision Oats 06101113 E-Verify- off Company ID Number: 1172142 4. The Employer agrees to become familiar with and comply with the most recent version of the E-Verify User Manual. 5. The Employer agrees that any Employer Representative who will create E-Verify cases will complete the E-Verify Tutorial before that individual creates any cases. a. The Employer agrees that all Employer representatives will take the refresher tutorials when prompted by E-Verify in order to continue using E-Verify. Failure to complete a refresher tutorial will prevent the Employer Representative from continued use of E-Verify. 6, The Employer agrees to comply with current Form 1-9 procedures, with two exceptions: a. If an employee presents a "List B" identity document, the Employer agrees to only accept "List B" documents that contain a photo. (List B documents identified in 8 C.F.R. § 274a.2(b)(1)(B)) can be presented during the Form 1-9 process to establish identity.) If an employee objects to the photo requirement for religious reasons, the Employer should contact E-Verify at 888-464-4218. b. If an employee presents a DHS Form 1-551 (Permanent Resident Card), Form 1-766 (Employment Authorization Document), or U.S. Passport or Passport Card to complete Form 1-9, the Employer agrees to make a photocopy of the document and to retain the photocopy with the employee's Form 1-9, The Employer will use the photocopy to verify the photo and to assist DHS with its review of photo mismatches that employees contest. DHS may in the future designate other documents that activate the photo screening tool. Note: Subject only to the exceptions noted previously in this paragraph, employees still retain the right to present any List A, or List B and List C, document(s) to complete the Form 1-9. 7_ The Employer agrees to record the case verification number on the employee's Form 1-9 or to print the screen containing the case verification number and attach it to the employee's Form 1-9. 8_ The Employer agrees that, although it participates in E-Verify, the Employer has a responsibility to complete, retain, and make available for inspection Forms 1-9 that relate to its employees, or From other requirements of applicable regulations or laws, including the obligation to comply with the antidiscrimination requirements of section 274E of the INA with respect to Form 1-9 procedures. a. The following modified requirements are the only exceptions to an Employer's obligation to not employ unauthorized workers and comply with the anti -discrimination provision of the INA: (1) List B identity documents must have photos, as described in paragraph 6 above; (2) When an Employer confirms the identity and employment eligibility of newly hired employee using E-Verify procedures, the Employer establishes a rebuttable presumption that it has not violated section 274A(a)(1)(A) of the Immigration and Nationality Act (INA) with respect to the hiring of that employee; (3) If the Employer receives a final nonconfirmation for an employee, but continues to employ that person, the Employer must notify DHS and the Employer is subject to a civil money penalty between $550 and $1,100 for each failure to notify DHS of continued employment following a final nonconfirmation; (4) If the Employer continues to employ an employee after receiving a final nonconfirmation, then the Employer is subject to a rebuttable presumption that it has knowingly Page 2 of 17 E-Verify MOU for Employers I Revision Date MOM E-Verify_ Company ID Dumber: 1172142 employed an unauthorized alien in violation of section 274A(a)(1)(A); and (5) no E-Verify participant is civilly or criminally liable under any law for any action taken in good faith based on information provided through the E-Verify. b. DHS reserves the right to conduct Form 1-9 compliance inspections, as well as any other enforcement or compliance activity authorized by law, including site visits, to ensure proper use of E-Verify. 9. The Employer is strictly prohibited from creating an E-Verify case before the employee has been hired, meaning that a firm offer of employment was extended and accepted and Form 1-9 was completed. The Employer agrees to create an E-Verify case for new employees within three Employer business days after each employee has been hired (after both Sections 1 and 2 of Form 1-9 have been completed), and to complete as many steps of the E-Verify process as are necessary according to the E-Verify User Manual. If E-Verify is temporarily unavailable, the three-day time period will be extended until it is again operational in order to accommodate the Employer's attempting, in good faith, to make inquiries during the period of unavailability. 10. The Employer agrees not to use E-Verify for pre -employment screening of job applicants, in support of any unlawful employment practice, or for any other use that this MOU or the E-Verify User Manual does not authorize. 11. The Employer must use E-Verify for all new employees. The Employer will not verify selectively and will not verify employees hired before the effective date of this MOU. Employers who are Federal contractors may qualify for exceptions to this requirement as described in Article 11.13 of this MOU. 12. The Employer agrees to follow appropriate procedures (see Article Ill below) regarding tentative nonconfirmations. The Employer must promptly notify employees in private of the finding and provide them with the notice and letter containing information specific to the employee's E-Verify case. The Employer agrees to provide both the English and the translated notice and letter for employees with limited English proficiency to employees. The Employer agrees to provide written referral instructions to employees and instruct affected employees to bring the English copy of the letter to the SSA. The Employer must allow employees to contest the finding, and not take adverse action against employees if they choose to contest the finding, while their case is still pending. Further, when employees contest a tentative nonconfirmation based upon a photo mismatch, the Employer must take additional steps (see Article 111.B. below) to contact DHS with information necessary to resolve the challenge. 13. The Employer agrees not to take any adverse action against an employee based upon the employee's perceived employment eligibility status while SSA or DHS is processing the verification request unless the Employer obtains knowledge (as defined in 8 C.F.R. § 274a.1(1)) that the employee is not work authorized. The Employer understands that an initial inability of the SSA or NHS automated verification system to verify work authorization, a tentative nonconfirmation, a case in continuance (indicating the need for additional time for the government to resolve a case), or the finding of a photo mismatch, does not establish, and should not be interpreted as, evidence that the employee is not work authorized. In any of such cases, the employee must be provided a full and fair opportunity to contest the finding, and if he or she does so, the employee may not be terminated or suffer any adverse employment consequences based upon the employee's perceived employment eligibility status Page 3 of 17 E-Verify MOU for Employers I Revision Date 06101113 F,-Verifv Company ID Number_ 1172142 (including denying, reducing, or extending work hours, delaying or preventing training, requiring an employee to work in poorer conditions, withholding pay, refusing to assign the employee to a Federal contract or other assignment, or otherwise assuming that he or she is unauthorized to work) until and unless secondary verification by SSA or DHS has been completed and a final nonconfirmation has been issued- If the employee does not choose to contest a tentative nonconfirmation or a photo mismatch or if a secondary verification is completed and a final nonconfirmation is issued, then the Employer can find the employee is not work authorized and terminate the employee's employment. Employers or employees with questions about a final nonconfirmation may call E-Verify at 1-888-464- 4218 (customer service) or 1-888-897-7781 (worker hotline). 14. The Employer agrees to comply with Title VII of the Civil Rights Act of 1964 and section 274E of the INA as applicable by not discriminating unlawfully against any individual in hiring, firing, employment eligibility verification, or recruitment or referral practices because of his or her national origin or citizenship status, or by committing discriminatory documentary practices. The Employer understands that such illegal practices can include selective verification or use of E-Verity except as provided in part D below, or discharging or refusing to hire employees because they appear or sound "foreign" or have received tentative nonconfirmations. The Employer further understands that any violation of the immigration -related unfair employment practices provisions in section 274B of the INA could subject the Employer to civil penalties, back pay awards, and other sanctions, and violations of Title VII could subject the Employer to back pay awards, compensatory and punitive damages. Violations of either section 274E of the INA or Title VII may also lead to the termination of its participation in E-Verify. If the Employer has any questions relating to the anti -discrimination provision, it should contact OSC at 1-800-255-8155 or 1-800-237-2515 (TDD). 15. The Employer agrees that it will use the information it receives from E Verify only to confirm the employment eligibility of employees as authorized by this MOU. The Employer agrees that it will safeguard this information, and means of access to it (such as PINS and passwords), to ensure that it i,s not used for any other purpose and as necessary to protect its confidentiality, including ensuring that it is not disseminated to any person other than employees of the Employer who are authorized to perform the Employer's responsibilities under this MOU, except for such dissemination as may be authorized in advance by SSA or DHS for legitimate purposes. 16. The Employer agrees to notify DHS immediately in the event of a breach of personal information. Breaches are defined as loss of control or unauthorized access to E-Verify personal data. All suspected or confirmed breaches should be reported by calling 1-888-464-4218 or via email at E-Verify@dhs.gou. Please use "Privacy Incident — Password" in the subject line of your email when sending a breach report to E-Verify. 17. The Employer acknowledges that the information it receives from SSA is governed by the Privacy Act (5 U.S.C. § 552a(i)(1) and (3)) and the Social Security Act (42 U.S,C. 1306(a))- Any person who obtains this information under false pretenses or uses it for any purpose other than as provided for in this MOU may be subject to criminal penalties. 18. The Employer agrees to cooperate with DHS and SSA in their compliance monitoring and evaluation of E-Verify, which includes permitting DHS, SSA, their contractors and other agents, upon Page 4 of 17 E-Verify MOU for Empioyers l Revision DaW 06101M E-Verifv 4 17 Company ID Number: 1172142 reasonable notice, to review Forms 1-9 and other employment records and to interview it and its employees regarding the Employer's use of E-Verify, and to respond in a prompt and accurate manner to DHS requests for information relating to their participation in E-Verify. 19. The Employer shall not make any false or unauthorized claims or references about its participation in E-Verify on its website, in advertising materials, or other media. The Employer shall not describe its services as federally -approved, federally -certified, or federally -recognized, or use language with a similar intent on its website or other materials provided to the public. Entering into this MOU does not mean that E-Verify endorses or authorizes your E-Verify services and any claim to that effect is false. 20. The Employer shall not state in its website or other public documents that any language used therein has been provided or approved by DHS, USC1S or the Verification Division, without first obtaining the prior written consent of 0HS. 21. The Employer agrees that E-Verify trademarks and logos may be used only under license by DHSIUSCIS (see M-795 (Web)) and, other than pursuant to the specific terms of such license, may not be used in any manner that might imply that the Employer's services, products, websites, or publications are sponsored by, endorsed by, licensed by, or affiliated with DHS, USCIS, or E-Verify. 22. The Employer understands that if it uses E-Verify procedures for any purpose other than as authorized by this MOU, the Employer may be subject to appropriate legal action and termination of its participation in E-Verify according to this MOU. B. RESPONSIBILITIES OF FEDERAL CONTRACTORS 1. If the Employer is a Federal contractor with the FAR E-Verify clause subject to the employment verification terms in Subpart 22.18 of the FAR, it will become familiar with and comply with the most current version of the E-Verify User Manual for Federal Contractors as well as the E-Verify Supplemental Guide for Federal Contractors, 2. In addition to the responsibilities of every employer outlined in this MOU, the Employer understands that if it is a Federal contractor subject to the employment verification terms in Subpart 22.18 of the FAR it must verify the employment eligibility of any "employee assigned to the contract" (as defined in FAR 22.1801). Once an employee has been verified through E-Verify by the Employer, the Employer may not create a second case for the employee through E-Verify. a. An Employer that is not enrolled in E-Verify as a Federal contractor at the time of a contract award must enroll as a Federal contractor in the E-Verify program within 30 calendar days of contract award and, within 90 days of enrollment, begin to verify employment eligibility of new hires using E-Verify. The Employer must verify those employees who are working in the United States, whether or not they are assigned to the contract. Once the Employer begins verifying new hires, such verification of new hires must be initiated within three business days after the hire date. Once enrolled in E-Verify as a Federal contractor, the Employer must begin verification of employees assigned to the contract within 90 calendar days after the date of enrollment or within 30 days of an employee's assignment to the contract, whichever date is later. Page 5 of 17 E-Verify MOU for Employers i Revision Date 08101113 `b, illlll tY` E-Verifv. �f5icrup Company ID Number: 1172142 b- Employers enrolled in E-Verify as a Federal contractor for 90 days or more at the time of a contract award must use E-Verify to begin verification of employment eligibility for new hires of the Employer who are working in the United States, whether or not assigned to the contract, within three business days after the date of hire. If the Employer is enrolled in E-Verify as a Federal contractor for 90 calendar days or less at the time of contract award, the Employer must, within 90 days of enrollment, begin to use E-Verify to initiate verification of new hires of the contractor who are working in the United States, whether or not assigned to the contract. Such verification of new hires must be initiated within three business days after the date of hire. An Employer enrolled as a Federal contractor in E-Verify must begin verification of each employee assigned to the contract within 90 calendar days after date of contract award or within 30 days after assignment to the contract, whichever is later. c. Federal contractors that are institutions of higher education (as defined at 20 U.S.C. 1001(a)), state or local governments, governments of Federally recognized Indian tribes, or sureties performing under a takeover agreement entered into with a Federal agency under a performance bond may choose to only verify new and existing employees assigned to the Federal contract. Such Federal contractors may, however, elect to verify all new hires, and/or all existing employees hired after November 6, 1986. Employers in this category must begin verification of employees assigned to the contract within 90 calendar days after the date of enrollment or within 30 days of an employee's assignment to the contract, whichever date is later. d. Upon enrollment, Employers who are Federal contractors may elect to verify employment eligibility of all existing employees working in the United States who were hired after November 6, 1986, instead of verifying only those employees assigned to a covered Federal contract. After enrollment, Employers must elect to verify existing staff following DHS procedures and begin E-Verify verification of all existing employees within 180 days after the election_ e. The Employer may use a previously completed Form 1-9 as the basis for creating an E-Verify case for an employee assigned to a contract as long as, i_ That Form 1-9 is complete (including the SSN) and complies with Article II,A.6, ii. The employee's work authorization has not expired, and iii. The Employer has reviewed the Form 1-9 information either in person or in communications with the employee to ensure that the employee's Section 1, Form 1-9 attestation has not changed (including, but not limited to, a lawful permanent resident alien having become a naturalized U.S. citizen). f. The Employer shall complete a new Form 1-9 consistent with Article II.A.6 or update the previous Form 1-9 to provide the necessary information if, i. The Employer cannot determine that Form 1 9 complies with Article II.A.6, ii. The employee's basis for work authorization as attested in Section 1 has expired or changed, or iii. The Form 1-9 contains no SSN or is otherwise incomplete. Note: If Section 1 of Form 1-9 is otherwise valid and up-to-date and the form otherwise complies with Page 6 of 17 E-Verify MQU for Employers I Revision pate OGIOV13 Company ID Number: 1172142 Article II_C.5, but reflects documentation (such as a U.S. passport or Form 1-551) that expired after completing Form 1-9, the Employer shall not require the production of additional documentation, or use the photo screening tool described in Article II.A_5, subject to any additional or superseding instructions that may be provided on this subject in the E-Verify User Manual. g. The Employer agrees not to require a second verification using E-Verify of any assigned employee who has previously been verified as a newly hired employee under this MOU or to authorize verification of any existing employee by any Employer that is not a Federal contractor based on this Article, 3. The Employer understands that if it is a Federal contractor, its compliance with this MOU is a performance requirement under the terms of the Federal contract or subcontract, and the Employer consents to the release of information relating to compliance with its verification responsibilities under this MOU to contracting officers or ether officials authorized to review the Employer's compliance with Federal contracting requirements. C. RESPONSIBILITIES OF SSA 1. SSA agrees to allow DHS to compare data provided by the Employer against SSA's database. SSA sends DHS confirmation that the data sent either matches or does not match the information in SSA's database. 2. SSA agrees to safeguard the information the Employer provides through E-Verify procedures. SSA also agrees to limit access to such information, as is appropriate by law, to individuals responsible for the verification of Social Security numbers or responsible for evaluation of E-Verify or such other persons or entities who may be authorized by SSA as governed by the Privacy Act (5 U.S.C. § 552a), the Social Security Act (42 U.S.C. 1306(a)), and SSA regulations (20 CFR Part 401). 3. SSA agrees to provide case results from its database within three Federal Government work days of the initial inquiry. E-Verify provides the information to the Employer. 4. SSA agrees to update SSA records as necessary if the employee who contests the SSA tentative nanconfirmation visits an SSA field office and provides the required evidence. If the employee visits an SSA field office within the eight Federal Government work days from the date of referral to SSA, SSA agrees to update SSA records, if appropriate, within the eight -day period unless SSA determines that more than eight days may be necessary. In such cases, SSA will provide additional instructions to the employee. If the employee does not visit SSA in the time allowed, E-Verify may provide a final nonconfirmation to the employer. Note; If an Employer experiences technical problems, or has a policy question, the employer should contact E-Verify at 1-888-464-4218. D. RESPONSIBILITIES OF DHS 1. DHS agrees to provide the Erployer with selected data from DHS databases to enable the Employer to conduct, to the extent authorized by this MOU: a. Automated verification checks on alien employees by electronic means, and Page 7 of 17 E-Verily MOU for Employers I Revision Date 06141I13 Company ID Number., 1172142 b. Photo verification checks (when available) on employees. 2. DHS agrees to assist the Employer with operational problems associated with the Employer's participation in E-Verify. DHS agrees to provide the Employer names, titles, addresses, and telephone numbers of DHS representatives to be contacted during the E-Verify process. 3. DHS agrees to provide to the Employer with access to E-Verify training materials as well as an E-Verify User Manual that contain instructions on E-Verify policies, procedures, and requirements for both SSA and DHS, including restrictions on the use of E-Verify. 4. DHS agrees to train Employers on all important changes made to E-Verify through the use of mandatory refresher tutorials and updates to the E-Verify User Manual. Even without changes to E-Verify, DHS reserves the right to require employers to take mandatory refresher tutorials- 5. DHS agrees to provide to the Employer a notice, which indicates the Employer's participation in E-Verify. DHS also agrees to provide to the Employer anti -discrimination notices issued by the Office of Special Counsel for Immigration -Related Unfair Employment Practices (OSG), Civil Rights Division, U.S. Department of Justice. 6. DHS agrees to issue each of the Employer's E-Verify users a unique user identification number and password that permits them to log in to E-Verify. 7. DHS agrees to safeguard the information the Employer provides. and to limit access to such information to individuals responsible for the verification process, for evaluation of E-Verify, or to such other persons or entities as may be authorized by applicable law. Information will be used only to verify the accuracy of Social Security numbers and employment eligibility, to enforce the INA and Federal criminal laws, and to administer Federal contracting requirements. 8. DHS agrees to provide a means of automated verification that provides (in conjunction with SSA verification procedures) confirmation or tentative nonconfirmation of employees' employment eligibility within three Federal Government work days of the initial inquiry. 9- DHS agrees to provide a means of secondary verification (including updating DHS records) for employees who contest DHS tentative non confirmations and photo mismatch tentative nonconfirmations. This provides final confirmation or nonconfirmation of the employees' employment eligibility within 10 Federal Government work days of the date of referral to DHS, unless DHS determines that more than 10 days may be necessary. In such cases, DHS will provide additional verification instructions. ARTICLE III REFERRAL OF INDIVIDUALS TO SSA AND DHS A. REFERRAL TO SSA 1. If the Employer receives a tentative nonconfirmation issued by SSA, the Employer must print the notice as directed by E-Verify. The Employer must promptly notify employees in private of the finding and provide them with the notice and letter containing information specific to the employee's E-Verify Page a of 17 E-Verify MOU for Employers I Revision Date 06101/13 E-Verif �� • iilll�li . v- CompanylD Number, 1172142 case. The Employer also agrees to provide both the English and the translated notice and letter for employees with limited English proficiency to employees. The Employer agrees to provide written referral instructions to employees and instruct affected employees to bring the English copy of the letter to the SSA. The Employer must allow employees to contest the finding, and not take adverse action against employees if they choose to contest the finding, while their case is still pending. 2. The Employer agrees to obtain the employee's response about whether he or she will contest the tentative nonconfirmation as soon as possible after the Employer receives the tentative nonconfirmation. Only the employee may determine whether he or she will contest the tentative nonconfirmation. 3. After a tentative nonconfirmation, the Employer will refer employees to SSA field offices only as directed by E-Verify. The Employer must record the case verification number, review the employee information submitted to E-Verify to identify any errors, and find out whether the employee contests the tentative nonconfirmation. The Employer will transmit the Social Security number, or any other corrected employee information that SSA requests, to SSA for verification again if this review indicates a need to do so. 4. The Employer will instruct the employee to visit an SSA office within eight Federal Government work days. SSA will electronically transmit the result of the referral to the Employer within 10 Federal Government work days of the referral unless it determines that more than 10 days is necessary. 5. While waiting for case results, the Employer agrees to check the E-Verify system regularly for case updates. 5. The Employer agrees not to ask the employee to obtain a printout from the Social Security Administration number database (the Numident) or other written verification of the SSN from the SSA. B. REFERRAL TO DHS 1. if the Employer receives a tentative nonconfirmation issued by DHS, the Employer must promptly notify employees in private of the finding and provide them with the notice and letter containing information specific to the employee's E-Verify case. The Employer also agrees to provide both the English and the translated notice and letter for employees with limited English proficiency to employees. The Employer must allow employees to contest the finding, and not take adverse action against employees if they choose to contest the finding, while their case is still pending. 2. The Employer agrees to obtain the employee's response about whether he or she will contest the tentative nonconfirmation as soon as possible after the Employer receives the tentative nonconfirmation. Only the employee may determine whether he or she will contest the tentative nonconfirmation. 3_ The Employer agrees to refer individuals to DHS only when the employee chooses to contest a tentative nonconfirmation. 4. If the employee contests a tentative nonconfirmation issued by DHS, the Employer will instruct the Page 9 of 17 E-Verify MOU for Employers I Revision Date 06/01113 st E-Verifv- Company ID Number. 1172142 employee to contact DHS through its toll -free hotline (as found on the referral letter) within eight Federal Government work days. 5. If the Employer finds a photo mismatch, the Employer must provide the photo mismatch tentative nonconfirmation notice and follow the instructions outlined in paragraph 1 of this section for tentative nonconfirmations, generally. 6. The Employer agrees that if an employee contests a tentative nonconfirmation based upon a photo mismatch, the Employer will send a copy of the employee's Form 1-551, Form 1-766, U.S. Passport, or passport card to DHS for review by: a. Scanning and uploading the document, or b. Sending a photocopy of the document by express mail (furnished and paid for by the employer). 7_ The Employer understands that if it cannot determine whether there is a photo matchtmismatch, the Employer must forward the employee's documentation to DHS as described in the preceding paragraph. The Employer agrees to resolve the case as specified by the DHS representative who will determine the photo match or mismatch. & DHS will electronically transmit the result of the referral to the Employer within 10 Federal Government work days of the referral unless it determines that more than 10 days is necessary. 9. While waiting for case results, the Employer agrees to check the E-Verify system regularly for case updates. ARTICLE IV SERVICE PROVISIONS A. NO SERVICE FEES 1. SSA and DHS will not charge the Employer for verification services performed under this MOU. The Employer is responsible for providing equipment needed to make inquiries. To access E-Verify, an Employer will need a personal computer with Internet access. ARTICLE V MODIFICATION AND TERMINATION A. MODIFICATION 1. This MOU is effective upon the signature of all parties and shall continue in effect for as long as the SSA and DHS operates the E-Verify program unless modified in writing by the mutual consent of all parties. 2. Any and all E-Verify system enhancements by DHS or SSA, including but not limited to E-Verify checking against additional data sources and instituting new verification policies or procedures, will be covered under this MOU and will not cause the need for a supplemental MOU that outlines these changes. Page 10 of 17 E-Verify MOU for Employers I Revision Dale 06101M E-Verifv_ Company ID Number. 1172142 B. TERMINATION 1. The Employer may terminate this MOU and its participation in E-Verify at any time upon 30 days prior written notice to the other parties. 2. Notwithstanding Article V, part A of this MOU, DHS may terminate this MOU, and thereby the Employer's participation in E-Verify, with or without notice at any time if deemed necessary because of the requirements of law or policy, or upon a determination by SSA or DHS that there has been a breach of system integrity or security by the Employer, or a failure on the part of the Employer to comply with established E-Verify procedures and/or legal requirements. The Employer understands that if it is a Federal contractor, termination of this MOU by any party for any reason may negatively affect the performance of its contractual responsibilities. Similarly, the Employer understands that if it is in a state where E-Verify is mandatory, termination of this by any party MOU may negatively affect the Employer's business. 3. An Employer that is a Federal contractor may terminate this MOU when the Federal contract that requires its participation in E-Verify is terminated or completed_ In such cases, the Federal contractor must provide written notice to DHS. If an Employer that is a Federal contractor fails to provide such notice, then that Employer will remain an E-Verify participant, will remain bound by the terms of this MOU that apply to non -Federal contractor participants, and will be required to use the E-Verify procedures to verify the employment eligibility of all newly hired employees. 4. The Employer agrees that E-Verify is not liable for any losses, financial or otherwise, if the Employer is terminated from E-Verify. ARTICLE VI PARTIES A. Some or all SSA and DHS responsibilities under this MOU may be performed by contractor(s), and SSA and DHS may adjust verification responsibilities between each other as necessary. By separate agreement with DHS, SSA has agreed to perform its responsibilities as described in this MOU. R. Nothing in this MOU is intended, or should be construed, to create any right or benefit, substantive or procedural, enforceable at law by any third party against the United States, its agencies, officers, or employees, or against the Employer, its agents, officers, or employees. C. The Employer may not assign, directly or indirectly, whether by operation of law, change of control or merger, all or any part of its rights or obligations under this MOU without the prior written consent of DHS, which consent shall not be unreasonably withheld or delayed. Any attempt to sublicense, assign, or transfer any of the rights, duties, or obligations herein is void. D. Each party shall be solely responsible for defending any claim or action against it arising out of or related to E-Verify or this MOU, whether civil or criminal, and for any liability wherefrom, including (but not limited to) any dispute between the Employer and any other person or entity regarding the applicability of Section 403(d) of IIRIRA to any action taken or allegedly taken by the Employer. E. The Employer understands that its participation in E-Verify is not confidential information and may be disclosed as authorized or required by law and DHS or SSA policy, including but not limited to, Page 11 of 17 E-Verity MOU for Employers I Revision Date 06/01/13 r=-Verifv- Company ID Number: 1172142 Congressional oversight, E-Verify publicity and media inquiries, determinations of compliance with Federal contractual requirements, and responses to inquiries under the Freedom of Information Act (FOIA). F. The individuals whose signatures appear below represent that they are authorized to enter into this MOU on behalf of the Employer and DHS respectively. The Employer understands that any inaccurate statement, representation, data or other information provided to DHS may subject the Employer, its subcontractors, its employees, or its representatives to: (1) prosecution for false statements pursuant to 18 U.S.C. 1001 and/or; (2) immediate termination of its MOU and/or; (3) possible debarment or suspension. G. The foregoing constitutes the full agreement an this subject between DHS and the Employer. To be accepted as an E-Verify participant, you should only sign the Employer's Section of the signature page. If you have any questions, contact E-Verify at 1-888-464-4218. Page 12 of 17 E-Verify MOU for Employers I Revision Date 06101113 E-Verify Company ID plumber: 1172142 Approved by: Employer Ability Housing Name (Please Type or Print) Title Signature Date Electronically Signed Department of Homeland Security —Verification Division Name {Please Type or Print} Title LISCIS Verification Division Signature Date Electronically Signed 02/2012017 Page 13 of 17 E-Verify MOLT for Employers I Revision hate 06101/13 i rz -Ve r Information Required for the E-Verify Program Information relating to your Company: Ability Housing Company Name 76 S. Laura St Suite 303 Company Facility Address JackSonville, FL 32202 Company Alternate Address County or Parish DUVAL Employer Identification Number 593080785 North American industry 532 Classification Systems Code Parent Company Number of Employees 10 to 19 Number of Sites Verified for 1 Page 14 of 17 E-Verily MOU for Employers I Revision Date 06101 /13 F. -Ve r 1 f V Company ID Number: 1172142 Are you verifying for more than 1 site? If yes, please provide the number of sites verified for in each State: PLORIDA 1 sIMS) Page 15 of 17 E-Verify MOU For Employers j Revision Date 06/01113 rz-Verifv- 10I * � , , Wit; Company ID Number: 1172142 Information relating to the Program Administrator(s) for your Company on policy questions or operational problems: Name Mike Cochran Phone Number (904) 359 - 9650 Fax Number Email Address mcochran@abilityhousing.org Name Halim Allman Phone Number (904) 359 - 9650 Fax Number Email Address hallrnan@abilityhousing.org Page 16 of 17 E-Verify MOU for Employers I Revision Date 06101 M 3 i ri * e" , I , " j Company ID Number: 1172142 Page intentionally left blank Page 17 of 17 E-Verify MOU for Employers I Revision late 06/01/13 cori`er c��y Admn=We Serv=5 Deparbiwi t Procurement Ser ion DMiwon Form 6: Vendor Substitute W —9 Request for Taxpayer Identification Number and Certification In accordance with the Internal Revenue Service regulations, Collier County is required to collect the following information for tax reporting purposes from individuals and companies who do business with the County (including social security numbers if used by the individual or company for tax reporting purposes). Florida Statute 119.071(5) requires that the county notify you in writing of the reason for collecting this information, which will be used for no other purpose than herein stated. Please complete all information that applies to your business and return with your quote or proposal. 1. General Information (provide all information) Taxpayer Name _Ability Hausins. Inc. (as shown on income tax return) Business Name (if different from taxpayer name) Address 3740 Beach, Boulevard, Suite 304 City acicsonville State FBI. Email Order Information (Must be filled out) Address 3740 Beach Boulevard Suite 304 City Jacksonville State FL Zip 32207 Email snazworth@abililyhousing.or 2. Company Status (check only one) Zip 32207 Remit / Payment Information (Must he tilled out) Address 3740 Beach Boulevard Suite 3Q4 City Jacksonville State FL Zip 32207 Email snazworth abilityhousing�i g ,Individual / Sole Proprietor } Corporation _Partnership X Tax Exempt (Federal income tax-exempt entity , Limited Liability Company under Internal Revenue Service guidelines IRC 501 (c) 3) Enter the tax classification 3. Taxpayer Identification Number (for lax reportingpurposes only) Federal Tax Identification Number (TIN) - r 6 (Vendors who do not have a TIN, will be required to provide a social security number prior to an award). 4. Sign and Date Form: Certification: Under nenalties ofmrjury f certify th t the information shown on this form is correct to my Anowledl;e. Signatu — - Date k Title Phone Number INSURANCE AND BONDING REQUIREMENTS Insurance / Bond Type Required Limits I. ® Worker's Compensation Statutory Limits of Florida Statutes, Chapter 440 and all Federal Government Statutory Limits and Requirements Evidence of Workers' Compensation coverage or a Certificate of Cxemption issued by the State of Horida is required. Entities that are forined as Sole Proprietorships shall nut be required to provide a proof of exemption. An application for exemption can be obtained online at htlps;//apps.iIffs,com/b�rccxcii )V 2. ® Employer's Liability $_500,000 single limit per occurrence 1 Commercial General Bodily Injury and Property Damage Liability (Occurrence Form) patterned after the current $-1,000,000 single limit per occurrence, $2,000,000 aggregate for Bodily ISO form Injury [Aability and Property Damage Liability. This shall include Premises and Operations; Independent Contractors; Products and Completed Operations and Contractual Liability. 4. ® Indemnification To the maximum extent permitted by Florida law, the ContractorNendor shall defend, indemnify and hold harmless Collier County, its officers and employees from any and all liabilities, damages, losses and costs, including, but not limited to, reasonable attorneys' fees and paralegals' fees, to the extent caused by the negligence, recklessness, or intentionally wrongful conduct of the Contractor/ Vendor or anyone employed or utilized by the Contractor/Vendor in the performance of this Agreement. 5. ® Automobile Liability $i1,000,000_ Each Occurrence; Bodily Injury & Property Damage. Owned/Non-owned/Hired; Automobile Included G. ® Other insurance as noted: ❑ Watercraft S Per Occurrence ❑ United States Longshoreman's and Harborworker's Act coverage shall be maintained where applicable to the completion of the work. $ Per Occurrence ❑ Maritime Coverage (Jones Act) shall be maintained where applicable to the completion of the work. $ Per Occurrence ❑ Aircraft Liability coverage shall be carried in limits of not less than $5,000,000 each occurrence if applicable to the completion of the Services under this Agreement. $ Per Occurrence ❑ Pollution $ Per Occurrence N Professional Liability $ `1,000,000_ Per claim & in the aggregate ❑ Project Professional Liability S Per Occurrence ❑ Valuable Papers Insurance $� Per Occurrence ❑ Cyber Liability S Per Occurrence ❑ Technology Errors & Omissions S Per Occurrence 7. ❑ Bid bond Shall be submitted with proposal response in the form of certified funds, cashiers' check or an irrevocable letter of credit, a cash bond posted with the County Clerk, or proposal bond in a sum equal to 5% of the cost proposal. All checks shall be made payable to the Collier County Board of County Commissioners on a bank or trust company located in the State of Florida and insured by the Federal Deposit Insurance Corporation. S. ❑ Performance and Payment For projects in excess of $200,000, bonds shall be submitted with the executed Bonds contract by Proposers receiving award, and written for 100% of the Contract award amount, the cost borne by the Proposer receiving an award. The Performance and Payment Bonds shall be underwritten by a surety authorized to do business in the State of Florida and otherwise acceptable to Owner; provided, however, the surety shall be rated as "A-' or better as to general policy holders rating and Class V or higher rating as to financial size category and the amount required shall not exceed 5% of the reported policy holders' surplus, all as reported in the most current Best Key Rating Guide, published by A.M. Best Company, Inc. of 75 Fulton Street, New York, New York 1003 8. 9. ® Vendor shall ensure that all subcontractors comply with the same insurance requirements that he is required to meet. The same Vendor shall provide County with certificates of insurance meeting the required insurance provisions. 10. ® Collier County must be named as "ADDITIONAL INSURED" on the Insurance Certificate for Commercial General Liability where required. This insurance shall be primary and noncontributory with respect to any other insurance maintained by, or available for the benefit of, the Additional Insured and the Vendor's policy shall be endorsed accordingly. 11. N The Certificate Holder shall be named as Collier County Board of County Commissioners, OR, Board of County Commissioners in Collier County, OR Collier County Government, OR Collier County. The Certificates of Insurance must state the Contract Number, or Project Number, or specific Project description, or must read: For any and all work performed on behalf of Collier County. 12. ® On all certificates, the Certificate Holder must react: Collier County Board of County Commissioners, 3295 Tamiami Trail East, Naples, FL 34112 13. ® Thirty (30) Days Cancellation Notice required. 14, Collier Comity shall procure and maintain Builders Risk Insurance on all construction projects where it is deemed necessary. Such coverage shall be endorsed to cover the interests of Collier Comity as well as the Contractor. Premiums shall be billed to the project and the Contractor shall not include Builders Risk ptviniurns in its project proposal or project billings. All questions regarding Builder's Risk Insurance will be addressed by the Collier County Kisk Management Division. 12/16/19 - CC Vendor's Insurance Statement We understand the insurance requirements of these specifications and that the evidence of insurability may be required within five (5) days of the award of this solicitation. The insurance submitted must provide coverage for a minimum of six (6) months from the date of award. Name of Firm Vendor Signature Print Name Insurance Agency Agent Name Ability Housing Inc Shannon azworth Harden Date January 27, 2020 Jessica Goff Telephone Number (904) 354-3785 ABILITY HOUSI NC abilityhousing.org Serving Northeast and Central Florida Solicitation Pricing Document N/A abilityhousing.org 3740 Beach Boulevard, Suite 304, Jacksonville, FL 32207 2 Response I to Collier County So No. 20mw7698 1 licitation For the Housing & Land Development Component at the Former Golden Gate Golf Course FRAMEWORK GROUP ♦r i► • 1200 W. PLATT STREET, STE 201 r - • Tampa, FL 33606 0:813-777-6981 F:813-315-7141 .�� Contents Cover Letter & Management Summary Business Plan & Approach Support of Community Objectives Past and Present Experience of the Firm Financial Capability of the Firm Qualifications & Specialized Expertise of Team Members & Firm Local Vendor Preference Appendix References Team Member Resumes Required Forms Signed Addenda FRAME WORK GROUP Evelyn Colon, Procurement Strategist Procurement Services Division 3295 Tamiami Trail East, Bldg C-2 Naples, FL 34112 Dear Ms. Colon, The cost of housing continues to become increasingly unattainable for the average working family. As the issue is made worse by rapidly rising health care and education costs, those earning median household incomes in most metro areas are having to travel farther from their places of work to find housing that they can afford. These key workers are the heart of the economic engine and include nurses, teachers, service workers, public safety and local government officials, retail and hospitality workers, etc. and must be able to live close to where they work in affordably -priced units to successfully subsist in today's economy. Largely left out of this recent economic cycle, their housing choices are scarce and many times substandard. We believe this is unacceptable. In December 2015, Framework responded to Collier County Solicitation 16-6548 for the sale of the "Gateway Triangle" parcels and highlighted the housing affordability challenge taking hold across the state of Florida, particularly in Collier County. At that time we proposed an attainably -priced mixed -use housing project, and now we believe the need for such housing is more acute than ever. During our current economic cycle, fully 90% of all new housing development in the state of Florida has occurred at the high -end, and principally serves those making above 120% of median income. To afford today's fair market rent for a 1-bedroom unit in Collier County, a worker earning minimum wage would have to work 87 hours per week. According to 2020 data from the National Low -Income Housing Coalition, Administrative Assistants, Clerks, and Nursing Assistants, among many others, all currently fall below the median wage required in Collier County to even afford a zero- bedroom (studio) apartment —they simply can't afford housing at all. An increasing percentage of total household income is now going to rent than ever before, and the necessity to travel further to find affordable housing further stresses transportation infrastructure and is the least sustainable way to plan for the region's future growth. To make matters worse, the development community has been driven by the influx of capital seeking the highest possible returns in core urban markets. Rents have increased to historic levels there, and cities and counties have struggled to find ways to encourage the development and construction of more attainably -priced housing. This vexing problem can only be solved through partnership between local governments and those in the development community that are willing to step out and put in the necessary time, effort, and resources to craft a solution. Local governments are now understanding that the cost of not participating in the solution of attainably -priced housing outweighs the costs of short-term co -investment in the form of public/private partnerships or other mechanisms to encourage investment. 1 Framework Group has a proven track record of successfully developing rental housing at all price points. We believe that housing is a virtuous cause —a moral and ethical endeavor than can provide the fundamental human need for shelter in creative and life -enhancing ways. And, we are well -positioned to help Collier County envision and execute an attainably -priced housing development on the Golden Gate Golf Course. Our project portfolio ranges in type from homeless and very low-income housing in partnership with local government, to luxury mid- and high-rise developments with institutional capital partners. All of our projects are for -rent, and we are experts at creative solutions to site planning and bringing to bear the highest sensitivity to design, unit finishes, amenities, and the resident experience. Most recently, officers of Framework Group have come together to create The Porchlight Foundation, Inc., a not -for - profit organization designed to partner with local government and other private not -for -profits to develop and build affordable housing throughout Florida. At this point, The Porchlight Foundation has received an EIN number and its 501(c)(3) status with the IRS is pending. When paired with Framework's work in market -rate apartment housing, The Porchlight Foundation will further our goal of providing the highest -functioning, most creatively executed housing at all points on the pricing spectrum. For the Golden Gate Golf Course, we have crafted a conceptual solution that balances the desire to minimize the impact on the existing residents, retain a portion of the golf course as a re -imagined executive 9-hole course, and make good on the promise of providing housing that an average working resident of Collier County can afford. The program consists of 351 units in nine 3-story buildings plus a separate clubhouse, all occupying a 30-acre site plan. The buildings have been designed and arranged to create semi -private outdoor courtyards, and provide links to walking paths, a dog park, and the project's amenities. Proposed rental rates for the project will meet the target criteria outlined by Collier County in its solicitation. Innovations in design, financing, construction, and public -private partnership will be necessary to achieve these rents— and Framework Group is uniquely equipped to deliver such innovation. Specifically, Framework will serve as both developer and general contractor on the project, an approach that affords superior transparency and efficiency in a public -private partnership. On the financing front, Framework is well -versed in pairing private capital with government -backed financing programs including those offered through the Department of Housing and Urban Development (HUD), such as Community Development Block Grants, the Neighborhood Stabilization Program, and the 221(d)4 program for market -rate rental housing. Lastly, Framework has a proven track record of successful public -private partnerships with various cities, counties, and Community Redevelopment Agencies as evidenced in the Past and Present Experience section of this proposal. The product that we envision is one that we have extensive experience developing, and we constantly endeavor to push the envelope of providing the highest -quality housing experience and flexibility on deal structures. We want to be a part of the solution to the Golden Gate redevelopment project and do our part to address the severe lack of affordable housing in Collier County. We are grateful for the opportunity to submit this proposal and look forward to hearing from you soon. 01 / _Xv//�� Phillip A. Smith President, Framework Group, LLC (813) 777-6981 psmith@frameworkgroupllc.com /�40,IVi ►� /�1/t1 ►0FAN, 0]!J FIt1'1•IJI: (r I Nei 3 t A f � w_ L r4 -IJ EN 94 CAW dt •� Am& J, -. ;.. - _ 4 � 4 1 # — F Business Plan rdo Approach Framework's proposed development includes nine 3-story apartment buildings, each housing 39 units and standing 3 stories tall, and sited to create community courtyards for 3 resident interaction. A single -story freestanding clubhouse will contain leasing and management operations, resident amenities such as a fitness and business center, and an adjacent pool deck. The existing scene will be full levers ed b incor oratin walkin IT y i Jr rY Y g Y p g g paths, a dog park, and other outdoor amenities. The apartment property will occupy 30 acres, allowing for a re - imagined 9-hole executive golf course and preserving an important local asset and pastime. Interfacing the development with its surrounding areas was carefully considered. The development's entrance will occupy a modest facade along Golden Gate Parkway and its apartment buildings will primarily front Collier Boulevard, offering a generous setback from existing neighborhood residents. The result is a thoughtful new development that will coexist harmoniously within the existing community, while at the same time establishing its own identity and fulfilling a crucial need in Collier County. Proposed rental rates align with the goals of Collier County and the Community Foundation. Framework intends to seek financial assistance from the Community Foundation through its newly -formed Porchlight Foundation or by partnering with another existing not -for - profit organization. 3 --- -- — —_ 1p i 5AW 6 # R 1+ `r . sj No 1 3 51 ti F .:i r Aa I 1 A Clubhou �J rCommur r4 Parking �r �. Outdoor - 5 _ � t 1 9-Hole E NEUL- 07 d. ....-a - hTerrac-eif Ak 0"4 -SIN th kldr 195 Site Specific Criteria The project's proposed unit mix and rental rates are provided at right, and units set -aside for seniors and veterans are also defined. Rental rates are set to attainable levels for essential services employees such as teachers, fire fighters, law enforcement, and health care professionals, and marketing efforts will target these renters as well. The intent will be for the majority of the property to be occupied by essential service employees. To verify occupational standards in pursuit of this goal, property management and leasing personnel will be employed at the property full-time. Verification of employment will be required at leasing application and upon renewal. Conceptual Building Floor Plan Unit Type Unit Size Unit Quantity Proposed Rent Studio 408 27 $990 1-Bed/1-Bath 680 189 $1,175 2-Bed/2-Bath 984 108 $1,410 3-Bed/2-Bath 1,344 27 $1,629 Total/Average 804 351 $1,268 Set -Aside Units Set -Aside % 3 0.85% 19 5.41 % 11 3.13% 3 0.85% 36 10.26% Density 351 Units / 30 Acres = 11.7 Units/Acre Building Height Residential Buildings will not exceed 45' Clubhouse & Leasing Center will not exceed 35' Setbacks Minimum 100' setback from adjacent residential neighborhoods Minimum 20' typical setback in all other cases Project Timeline Activity Duration Start End Award ITN 30 days Jan. 2020 Feb. 2020 Negotiate Development Agreement 60 days Feb. 2020 April 2020 Due Diligence Period 90 days April 2020 July 2020 Project Approvals & Financing 270 days July 2020 April 2021 Project Design & Permitting 270 days July 2020 April 2021 Land Closing & Construction Start 1 day -- April 2021 Construction 720 days April 2021 April 2023 Final Certificate of Occupancy -- -- April 2023 Lease -Up 420 days Jan. 2023 March 2024 Full Occupancy -- -- March 2024 5 Support of Community Objectives Framework's proposed project supports community objectives through its design, target demographic, and proposed rental rates. The project's site plan calls for a modest fagade along Golden Gate Parkway, minimum setbacks of 100 feet from any adjacent residential structures, and its apartment buildings will stand no more than 3 stories. These design choices were made to minimize impact of the development on its surrounding neighbors and ensure compatibility with the existing community. The project's site plan includes 351 units on 30 acres, equating to a density of just under 12 units per acre. Both the Golden Gate City Sub -Element of the Golden Gate Area Master Plan (dated 8/12/19) and the Collier County Community Housing Plan (dated 10/24/17) recommend this same density as the maximum for affordable housing development in general, and for the maximum density allowable under the future land use designation for the project site. The Golden Gate City Sub -Element also calls for preservation of valuable natural resources, and the project meets that goal by creating natural open space with its dog park, walking paths, and natural amenities, and by preserving more than 80% of the existing Golden Gate Golf Course in the form of a new 9-hole executive course. The Collier County Community Housing Plan recommends development of housing aimed at serving "cost burdened" professionals, defined as firefighters, police officers, nurses and assistants, senior care providers, teachers, support staff, and service workers. These professionals are they very demographic that Framework's project intends to target. The Community Housing Plan goes on to define the top income level of affordable housing as 140% of Area Median Income or $90,432 in 2017. Framework's proposed rental rates beat that goal by offering affordability (defined as rent levels that represent less than 30% of a household's income) for households earning 100% of median income or $65,675 in 2018, as evidenced by the table below. Unit Type Unit Size Unit Quantity Proposed Rent % of $65,675 AMI Studio 408 27 $990 18.09% 1-Bed/1-Bath 680 189 $1,175 21.47% 2-Bed/2-Bath 984 108 $1,410 25.76% 3-Bed/2-Bath 1,344 27 $1,629 29.76% Total/Average 804 351 1 $1,268 23.17% �o4(j, i•� + i a+Y. - - 40 J. Past Present Experienqe- .0+ F 0 of the Firm +� +' t Y r Pir Framework Group has built an extensive portfolio of market -rate, affordable, and mixed -income housing projects, and has contributed to these projects in various roles. The chart below lists and categorizes just i a few of Framework's projects that are most relevant to the objectives of Collier County in this ITN. Each listed project benefited from government -sponsored housing development programs, and was executed }. in concert with local housing or community development authorities. Images and additional detail of the listed projects are provided on the following pages. In total, these projects represent Framework's F experience in all phases of the development, rehabilitation, construction, and property management �: a processes. References for Framework are provided in the Appendix attached to this proposal. ` : 4k . i'Awares 1 PROJECT NAME UNIT COUNT Mirrorton 305 Shadetree 260 Campbell Landings 96 Cypress Landing 36 Mariposa 38 Oakview 55 Marisol 24 TOTAL 814 gi ♦ ♦ ♦ _ ©■■■ ' ' 14 "EMEN EME7", ENE ENE dr-low. 0 Ain Framework o eons �o70( Pahokee ENE E■© ME©. Housing Authorit ry . D(4 W-4 S Mirrorton Apartments Mirrorton is set to radically transform a 10-acre property on the fringe of downtown Lakeland, FL, once owned by the City of Lakeland Community Redevelopment Agency. The product of a rigorous RFQ process and coordination effort with the City, the Downtown Community Redevelopment Agency and the citizens of Lakeland, Mirrorton is a shining example of effective public -private partnership. With its 305 units delivered in a mixture of townhouses and 3- and 4-story flats, Mirrorton will serve demand for new, high -quality rental housing in Lakeland's vibrant downtown. A freestanding amenity building will house a fitness center, coffee bar, spa, meeting and work areas, pet spa, and a host of social gathering spaces including an attached outdoor terrace and pool. The site design is focused on establishing connectivity and a new urban feel with orderly downtown blocks, on -street parking, minimal building setbacks, and pedestrian accommodations such as generous shade and sidewalks. The project's architecture is a blend of precedent and innovation that utilizes traditional materials in contemporary forms. Mirrorton's construction began in Q4 2019. ��F • �I�I��IIIIII ■ j LCL f ■■■It■■Ifr. ■■■ - _ Z ::: a unn■nm ■ tnn■■n■. 1 �1 IIIIIILLII F} r t .. •, i�i h 4 hl II � � nii 'I"+pl�l�y i � 1 � _ , I +'l l; it Ill illy �• ,I�11, �:W.Jr - 11 - rl., .t4i1�� a �' = fit d' •• ��c. '�'�j�• .., � 1 try%•_ Nyl1 &I L 'ryF -7 sir y..•^ * I r. .\� �' ��•` • .i .�� q�`..a 11 .\IDS 9 .i �, �` t iu 1 ic:. ~t'f , � � ?', ,�' �! � � i rV F 't'. r1��i � p •-;� '�' .� INN 1, ' I � • M � n�t� +' _ � .� }�. 'rr�, �., ,. � •, ' � 1:?.4' 7r�rL�T'1C � � `` } 1� '> � .�.r.��t�,, , ��-�i';�r � •.r../� .7 _ � ' - ,!'1 Ilwjem-*O�� Campbell Landings Shadetree Framework Group acted as lead development consultant and Owner's Representative for Campbell Landings, a new 96-unit affordable/mixed income senior housing project completed in 2013. Located in St. Petersburg, FL, Campbell Landings was funded with the help of HUD's Low Income Housing Tax Credit (LIHTC) program. As lead development consultant, Framework managed all activities throughout the project's pre -development, design, construction, and lease -up phases. Shadetree is a market -rate apartment development financially backed by HUD's 221(d)4 program featuring 260 apartment units situated on 30 acres in Ruskin's Cypress Village neighborhood, an upscale golf course community. Shadetree marked the first significant market rate apartment development that the submarket had seen in decades, taking full advantage of tremendous growth fueled by new employment. Employers within a 5-mile radius include an Amazon fulfillment center, two higher education institutions and two major hospitals, each of which are in phases of rapid expansion. Residents of Shadetree enjoy open floor plans, 10' ceilings, quartz countertops, eat -in kitchens, stainless steel appliances, and rentable storage and garages, some with direct unit access. An 8,900 SF clubhouse offers a gym, sauna, business center, game room, social areas, and a heated beach -entry pool. Shadetree was completed in 2019 and is currently in lease -up. 10 Cypress Landing is a 36-unit rehabilitation project located in Tampa, FL and Cypress Landing financed through HUD's Community Development Block Grant Program. Mariposa is 38-unit rehabilitation project located in Tampa, FL and Mariposa financed through HUD's Neighborhood Stabilization Program. M In the period between 2010 and 2012, Framework Group purchased, rehabilitated, and re -stabilized four affordable housing properties in Tampa, FL through partnerships with the City of Tampa and other local partners. In total, 153 affordable housing units were given new life with the help of funds from HUD's Neighborhood Stabilization Program (NSP) and Community Development Block Grants (CDBG). Framework Group served as co -developer and general contractor on each project, responsible for funding applications, interfacing and coordinating with the City of Tampa and funding authorities, property selection, due diligence, acquisition, Davis -Bacon and W/ MBE compliance, administration of the Green Building Program, development of the rehabilitation scope, consultant management, construction, property management, marketing/ branding, lease -up, and stabilization. During the recession, Framework Group was chosen as the key affordable housing development partner by the City of Tampa, and was the recipient of the bulk of the NSP and CDBG funding allocated to the region. The intent of each program was to stabilize communities most impacted by the housing crisis through the purchase and redevelopment of foreclosed single and multi -family properties. Framework strategically selected the properties that would be renovated under these programs. Ultimately, selection criteria favored properties near major employers such as MacDill Air Force Base, in areas that had seen major infrastructure investment such as Tampa's 40th Street corridor, and in middle-class communities that were badly in need of more affordable options such as Tampa's Bayshore neighborhood. Each property's rehabilitation would prove to bring about unique challenges. Occupancy of the properties varied; some would require temporary relocation of multiple existing tenants, others were entirely vacant with their windows and doors boarded. Water damage, pest infestation, hazardous materials such as asbestos, lead, and sewage were encountered in nearly all cases. Each property's interior was stripped down to its bare studs or block, and rebuilt to modern code and with contemporary cabinets, fixtures, and finishes. New roofs, hardscape, landscape, exterior railings and finishes were provided. Green Building Practices were utilized wherever possible, including measures such as low-e windows, new insulation, Energy Star appliances, Florida -friendly landscaping, low -flow plumbing fixtures, and solar -powered common water heaters. These projects were seen as critical to the construction labor force and subcontracting community in Tampa Bay, as they offered one of the only significant sources of business available since 2008. Upon completion, ownership of each project was transferred to Gracepoint Wellness, a well -established nonprofit partner devoted to education and advocacy for people affected by behavioral health and developmental challenges. Through expert property selection and management of the rehabilitation process, employing Green Building Practices, creating local jobs, and establishing meaningful partnerships, Framework undoubtedly reset the lives of these once -blighted properties for the next generation and contributed to the stabilization of their communities for years to come. V7 Oakview is a 55-unit rehabilitation project located in Tampa, FL and Oa k v i e w financed through HUD's Community Development Block Grant Program. Mirasol is a 24-unit rehabilitation project located in Tampa, FL and Mi r a s o l financed through HUD's Neighborhood Stabilization Program. 12 `2. -��T MA*y �� ■ � _ :ram- _ �, - __ - - Financial Capability of Firm Framework's financial capability is evidenced by its track record of successfully securing equity investment and debt financing for its vast and diverse portfolio of multi -family rental developments. This also includes co -investment by Framework in each project. A snapshot of Framework's recent development pipeline is provided here. Additional details such as financial reports or references may be made available by Framework should it be chosen as the successful respondent to this ITN. Neither Framework nor any of its officers are involved in any pending litigation or arbitration. General Financing Plan A general financing plan is provided by the Capital Sources & Uses table below. Proforma rental rates can be found in the Business Plan & Approach section of this proposal. CAPITAL SOURCES Category Tota I % Debt Financing $38,817,800 70.00% Equity Investment $6,636,200 11.97% Community Contributions or Other Incentives $10,000,000 18.03% Total Sources $55,454,000 100.00% CAPITAL USES Category Tota I % Cost per Unit Land & Related $1,755,000 3.16% $5,000 Hard Construction Costs $42,120,000 75.95% $120,000 Hard Cost Contingency $1,000,000 1.80% $2,849 Furniture, Fixtures & Equipment $350,000 0.63% $997 Soft Costs $4,212,000 7.60% $12,000 Soft Cost Contingency $50,000 0.09% $142 Development & Other Costs $3,510,000 6.33% $10,000 Financing Costs $2,457,000 4.43% $71000 Total Uses $55,454,000 100.00% $157,989 13 Arcos Sarasota, FL 228 Units, 5 Stories Total Project Cost: $ 1 M Status: Complete Shadetree Ruskin, FL 260 Units, 3 Stories f i, Total Project Cost: $46MM Status: Complete a Solstice f` Orlando, FL .� 309 Units, 4 Stories Total Project Cost S§MMJiik Status: Complete 11Orl Y y9�ss Mirrorton - Lakeland, FL - i 305 Units, 3-4 Stories Total Project Cost: $53MIVI Status: Under Construction. //1/1/ /1 • /1/1/ A // Framework Group, LLC is a limited liability company wholly owned and controlled by Phillip A. Smith as its President. The organization consists of four additional individuals, Steve Hammond as Senior Vice President of Construction, Nick Herring as Vice President of Development, Shane O'Connor as Development Associate and Katherine Cowley as Office Manager. Detailed information on reporting relationships and each team member's experience, specializations, and contributions is provided here. Resumes for all team members are included in the Appendix attached to this proposals. Framework proposes that all team members contribute their time and expertise to the Golden Gate housing and land development as necessary. Framework Group is located in Tampa, FL and al employees are based in this location. Phillip A Smith is responsible for contracting services. Qualifications & Specialized Expertise of Team Members and Firm 15 z I Shane O'Connor Development Associate Katherine Cowley r' Office Manager C mkly.��Iv E, a, €F Steve r; Sr. VP. of Con IF V Nick Herring VP of Development NOW1611111DW Project Delivery Team Qualifications &Expertise Phillip A. Smith is based in Tampa and leads Framework Group's efforts and strategic plans for developing diverse multi -family housing projects throughout Florida. Phillip is responsible for acquisition, approvals, project financing and overseeing all development, construction and property management activities. Of keen interest to him are those high barrier -to -entry development opportunities that present complex challenges by way of political, regulatory, site design, or environmental issues. Each Framework project starts with a design -centered approach to development that focuses on product innovation and serving an unmet need in the marketplace. Prior to founding Framework Group, Phillip established the Florida multi -family office for Crosland, an 85-year-old private development company based in Charlotte, NC. Prior to joining Crosland, he was a Partner in a private venture based in Connecticut where he developed multi- family residential projects throughout New England and South Carolina. Prior to that, he was a Senior Development Manager at JPI, where he developed over 3,500 apartments in the country's most challenging regulatory and construction environments in the Northeast. Phillip currently serves on the Board of Directors of the Westshore Alliance and is Past -President of Leadership Tampa Bay. He has lectured on real estate development and finance at Harvard's Graduate School of Design, Clemson University, and the University of South Florida. Phillip is a LEED-Accredited Professional, a licensed Florida General Contractor, and a licensed Florida Sales Associate. Phillip earned his Bachelor of Architecture, magna cum laude, from Auburn University, and Master in Architecture from Harvard University. Steve Hammond has over 25 years of management experience in single and multi -family construction, land development and rehabilitation of existing assets. This portfolio includes over 9,000 multifamily units throughout Texas, North Carolina and Florida consisting of a variety of types such as wood frame, tunnel form and concrete block construction. He has also managed and contracted commercial tenant improvement projects for health care and large pharmaceutical concerns. Steve manages all self -performed new construction projects, third -party construction service contracts and Owner Representative contracts for Framework Group, including the day-to-day management of all subcontractors, local regulatory agencies and professional consultants. Prior to joining Framework Group, Steve served as Vice -President of Construction for the Wilson Company, Director of Construction for Phillips Development Realty, and President of HBD Construction, a general contracting and construction management firm.. He graduated from the University of Central Florida with a Bachelor of Science in Business Administration and resides in Tampa. Nick Herring manages all of Framework Group's development, construction and consulting activities. Nick's contributions are both operational and strategic in nature and derive from his comprehensive technical understanding of the execution and delivery of complex urban projects. Prior to joining Framework Group, Nick managed high -end residential, commercial and retail developments as a Project Manager for Shawmut Design and Construction. Nick's portfolio of projects primarily includes tenant fit -outs and renovations of flagship properties in New York City and other major urban centers throughout the United States. Prior to Shawmut, Nick managed construction field operations as Resident Engineer for Hill International. At Hill, Nick led teams of subcontractors on large-scale public projects including the renovation of New York City Hall. Nick has also gained experience in a variety of construction disciplines since joining the industry. During his undergraduate tenure, Nick completed internships in the fields of tract housing, commercial preconstruction processes and construction law. Nick graduated from the University of Florida with a Bachelor of Science in Building Construction and minors in Business Administration and Sustainability Studies. Nick also earned his Master of Business Administration from New York University's Stern School of Business, specializing in Real Estate and Strategy. Shane O'Connor is a Development Associate with Framework Group and is responsible for the day-to-day production management, consultant coordination, and general contractor performance. In addition, Shane tracks our market analytics, and manages all project coordination tools and processes. Prior to joining Framework Group, Shane served as an officer in the United States Navy from 2009 — 2018 as a Surface Warfare Officer, Naval Gunfire Liaison, and Intelligence Team Leader. His unique designations deployed him aboard warships at sea, with the U.S. Marines on the ground, as well as with the U.S. Navy SEALs and other elements of the U.S. Special Operations Command. He has deployed to the Western Pacific, the Middle East, and the Horn of Africa. Shane completed his undergraduate education at the U.S. Naval Academy in 2005, with a major in International Relations. In May of 2019, he completed a Master of Science in Real Estate at the University of Florida in Gainesville. Katherine Cowley serves as Office Manager for Framework Group and provides key administrative and operational support to all areas of the business. Most recently, Katherine was on the Events Team for the Global Technology Distribution Council (GTDC), where she was involved with planning global networking events for top technology distributors and vendors. Prior to that, Katherine started her career in the retail business working for a leading industry retailer, where she was a Store Manager and eventually an Area Manager for the West Coast of Florida and the Washington, D.C. area. Katherine is very involved with the Grady Elementary PTA and serves on several committees in her community. Katherine graduated from Florida Gulf Coast University in 2002. 17 P, Igillwa- -0.18 0A, i old "11 h fW opp- L1% 1 kwamwi �00 00 H iNi v Appendix References Nicole Travis, Director of Community & Economic Development City of Lakeland Coder County Atnnir i ahve Sen ims Depaftnlc-11 Prc:,.renknt Soroces i4,ts,_� Reference Questionnaire Solicitation: No. 20-7698, Public Private Partnership (P3) Housing and Land Development Component at the Former Golden Gate Golf Course p Reference Questionnaire for: Framework Group, LLC (Name of Company Requesting Reference Information) Phillip Smith, President and Nick Herring, Vice President of Development (Name of Individuals Requesting Reference Inftion) Name: Nicole B. Travis �� Company: City of Lakeland (Evaluator completing reference q tionnai e) (Evaluator's Company completing reference) Email: nicole.travis@lakelandgo .net FAX: (863) 834.8432 Telephone: (863) 834. Collier County has implemented a process that collects reference information on firms and their key personnel to be used in the selection of firms to perform this project. The Name of the Company listed in the Subject above has listed you as a client for which they have previously performed work. Please complete the survey. Please rate each criteria to the best of your knowledge on a scale of 1 to 10, with 10 representing that you were very satisifed (and would hire the firm/individual again) and 1 representing that you were very unsatisfied (and would never hire the firm/indivdival again). If you do not have sufficient knowledge of past performance in a particular area, leave it blank and the item or form will be scored "0." Project Description: Project Budget: Mirrorton: Acquisition of 14 acres from City for the development of 305 residential units $60 Million Completion Date: 9/30/2021 Project Number of Days: 682 Item Citeria Score 1 Ability to manage the project costs (minimize change orders to scope). 10 2 Ability to maintain project schedule (complete on -time or early). 10 3 Quality of work. 10 4 Quality of consultative advice provided on the project. 10 5 Professionalism and ability to manage personnel. 10 6 Project administration (completed documents, final invoice, final product turnover; invoices; manuals or going forward documentation, etc.) 10 7 Ability to verbally communicate and document information clearly and succinctly. 10 8 Abiltity to manage risks and unexpected project circumstances. 10 9 Ability to follow contract documents, policies, procedures, rules, regulations, etc. 10 10 Overall comfort level with hiring the company in the future (customer satisfaction). 10 TOTAL SCORE OF ALL ITEMS 100 12/17/2019 T03 AM P. 10 Jeremy Pino, Vice President of Capital Markets Walker & Dunlop C-Ar County AanrfflWjbve , Reference Questionnaire Solicitation: Reference Questionnaire for: (Name of Company Requesting Reference Information) icV t4cvr�,A� (Name of Individuals(Requesting Reference Information) Name: .�C«'1 t'► /t.a (Evaluator compl ng reference questionnaire) Email: 1p11%u _Wa1ker&612p.Cowl FAX: Company: L441kf it 0NJ D1Ah10-p , (Evaluator's Company completing reference) T Collier County has implemented a process that collects reference information on firms and their key personnel to be used in the selection of firms to perform this project. The Name of the Company listed in the Subject above has listed you as a client for which they have previously performed work. Please complete the survey. Please rate each criteria to the best of your knowledge on a scale of 1 to 10, with 10 representing that you were very satisifed (and would hire the firin/individual again) and I representing that you were very unsatisfied (and would never hire the firm/indivdival again). If you do not have sufficient knowledge of past performance in a particular area, leave it blank and the item or form will be scored "0." Project Description: 0 bo q(n 4meAfj Project Budget: Sq 9. ow. 0 O J Completion Date: U 131 1 ; o 1 Project Number of Days: -73 0 Item Citeria Score 1 Ability to manage the project costs (minimize change orders to scope). f7 2 Ability to maintain project schedule (complete on -time or early). 1D 3 Quality of work. r D II 4 Quality of consultative advice provided on the project. `l 5 Professionalism and ability to manage personnel. I b 6 Project administration (completed documents, final invoice, final product turnover; invoices; manuals or going forward documentation, etc.) I 7 Ability to verbally communicate and document information clearly and succinctly. v 8 Abiltity to manage risks and unexpected project circumstances. I O 9 Ability to follow contract documents, policies, procedures, rules, regulations, etc. V 10 Overall comfort level with hiring the company in the future (customer satisfaction). TOTAL SCORE OF ALL ITEMS 1 0 O (P 12/17/2019 7:03 AM P. 10 Bob McDonaugh, former Administrator of Economic Opportunity City of Tampa Collier County Administrative Services Department Procurement Services Division Attachment 5: Reference Questionnaire Solicitation: 16-6548 Sale of Gateway Triangle Parcels Reference Questionnaire for: FRAMEWORK GROUP. LLC (Name of Company Requesting Reference Information) PHILLIP A. SMITH (Name of Individuals Requesting Reference Information) Name:Robert J McDonaugh Company:City of Tampa (Evaluator completing reference questionnaire) (Evaluator's Company completing reference) Email: bob. mcdonaugh(aMampagov.net FAX: N/A Telephone: 813-274-8245 Collier County is implementing a process that collects reference information on firms and their key personnel to be used in the selection of firms to perform this project. The Name of the Company listed in the Subject above has listed you as a client for which they have previously performed work. Please complete the survey. Please rate each criteria to the best of your knowledge on a scale of 1 to 10, with 10 representing that you were very satisifed (and would hire the firm/individual again) and 1 representing that you were very unsatisfied (and would never hire the firm/indivdival again). If you do not have sufficient knowledge of past performance in a particular area, leave it blank and the item or form will be scored "0." Project Description: RFP Submittal Development Completion Date: Construction to commence 1/16 Project Budget: $25 MM Project Number of Days: 180 Change Orders - Dollars Added : N/A Change Orders - Days Added: N/A Item Citeria Score 1 Ability to manage the project costs (minimize change orders to scope). 9 2 Ability to maintain project schedule (complete on -time or early). 9 3 Quality of work. 10 4 Quality of consultative advice provided on the project. 10 5 Professionalism and ability to manage personnel. 10 6 Project administration (completed documents, final invoice, final product turnover; invoices; manuals or going forward documentation, etc.) N/A 7 Ability to verbally communicate and document information clearly and succinctly. 10 8 Abiltity to manage risks and unexpected project circumstances. 10 9 Ability to follow contract documents, policies, procedures, rules, regulations, etc. 10 10 Overall comfort level with hiring the company in the future (customer satisfaction). 10 TOTAL SCORE OF ALL ITEMS 88/90 Please FAX this completed survey to: By Judd Little, former President Crosland Collier County Administrative Services Department Procurement Services Division Attachment 5: Reference Questionnaire Solicitation: 16-6548 Sale of Gateway Triangle Parcels Reference Questionnaire for: FRAMEWORK GROUP. LLC (Name of Company Requesting Reference Information) PHILLIP A. SMITH (Name of Individuals Requesting Reference Information) Name:Justin Little Company:Chevington Associates (Evaluator completing reference questionnaire) (Evaluator's Company completing reference) Email: jlittle@chevingtonassociates.com FAX: Telephone: 704.621.8615 Collier County is implementing a process that collects reference information on firms and their key personnel to be used in the selection of firms to perform this project. The Name of the Company listed in the Subject above has listed you as a client for which they have previously performed work. Please complete the survey. Please rate each criteria to the best of your knowledge on a scale of 1 to 10, with 10 representing that you were very satisifed (and would hire the firm/individual again) and 1 representing that you were very unsatisfied (and would never hire the firm/indivdival again). If you do not have sufficient knowledge of past performance in a particular area, leave it blank and the item or form will be scored "0." Project Description Apartments Infill Project Budget: _see note attached Change Orders - Dollars Added : Completion Date: 2014 Project Number of Days: Change Orders - Days Added: Item Citeria Score 1 Ability to manage the project costs (minimize change orders to scope). 10 2 Ability to maintain project schedule (complete on -time or early). 10 3 Quality of work. 10 4 Quality of consultative advice provided on the project. 10 5 Professionalism and ability to manage personnel. 10 6 Project administration (completed documents, final invoice, final product turnover; invoices; manuals or going forward documentation, etc.) NA 7 Ability to verbally communicate and document information clearly and succinctly. 10 8 Abiltity to manage risks and unexpected project circumstances. 10 9 Ability to follow contract documents, policies, procedures, rules, regulations, etc. 10 10 Overall comfort level with hiring the company in the future (customer satisfaction). 10 TOTAL SCORE OF ALL ITEMS 90/90 Please FAX this completed survey to: By Team Member Resumes PHILLIP A. SMITH 1200 W. PLATT ST., STE . 201 TAMPA, FL 33606 (813) 777-6981 PSMITH@ FRAMEWORKGROUPLLC.COM EDUCATION Harvard University, Master in Architecture, 1995 Auburn University, Bachelor of Architecture, Magna Cum Laude, 1993 PROFESSIONAL EXPERIENCE June 2010-Present Framework Group, LLC--President Leads Framework Group's efforts and coordinates the Company's strategic plans for developing urban residential and mixed -use developments throughout Florida and is responsible for acquisition, regulatory approvals, managing consultants and service providers, obtaining project financing and overseeing all construction and property management activities. February 2006-June 2010 Crosland, LLC—Vice-President Established and leads multi-family/mixed-use operations in Florida for $1.513 privately -held development company. Acquired and permitted 677 apartment units and 12,700sf retail with an additional contracted pipeline of 761 units and 44,500sf of retail. Manages all aspects of development for large-scale, urban infill, mixed -use projects in complex regulatory environments. October 2002-February 2006 Landquest—Partner/Senior Vice President Identified, contracted and permitted residential projects in the Northeast and Southeast U.S. including boutique infill condominiums, townhomes and age -restricted manufactured housing developments. November 1999-October 2002 JPI—Regional Development Manager Acquired, permitted, developed, and built approximately 3,500 luxury apartment units over nine mixed -use projects throughout the Northeast. Managed 3 d party and in-house contracting and property management groups. Major projects include 325 units in downtown Providence, RI, 225 units in White Plains, NY, 240 units in Salem, MA and 275 units in Aberdeen, NJ. May 1995-November 1999 Toll Brothers, Inc. (NYSE:TOL)—Project Manager Developed single-family homes in metro Boston for the largest luxury homebuilder in the U.S. Managed all approval, site development, contracting, and sales operations. ACCREDITATIONS/AFFILIATIONS United States Green Building Council—LEED Accredited Professional Westshore Alliance, Board of Directors, Executive Committee Urban Land Institute, Member Leadership Tampa Bay, Past -President Licensed Florida Sales Associate #SL3232076 Florida Certified General Contractor #1519357 Habitat for Humanity, National Subject Expert Team, Volunteer STEVEN P. HAMMOND STEVENPHAMMOND@GMAIL.COM 813-333-3352 EDUCATION University of Central Florida, Bachelor of Science, Business Administration, 1995 Brevard Community College, Associates of Arts, 1991 PROFESSIONAL EXPERIENCE January 2011—Present Framework, LLC — Sr. Vice President, Construction Provide construction management of exterior and interior rehabilitation of multi -family apartment units for public/private development partnership. December 2011—August 2012 Adam Smith Enterprises— Project Manager Managed third -party construction contract project budgets, schedule, quality control program, and project close-out for the successful completion of Trinity Club Apartments in Trinity, Florida, August 2008-March 2010 Phillips Development and Realty- Director of Construction Managed third -party construction contracts, project budgets, schedule, quality control program, and project close-out for the successful completion of apartment home communities in Florida, Texas, and North Carolina each with separate general contractors and equity groups October 2003-August 2008 The Wilson Company - VP of Construction and Development Responsible for design, development plans, permitting, and served as general contractor for Townhomes at Wexford, a 226 unit community, including management of the development team, construction staff, project consultants, and realtors September 1995-October 2003 The Wilson Company -Senior Project Manager Responsible for all subcontractor(s) selection, negotiation, and contract awards while providing complete project management of 19 multifamily apartment communities throughout the State of Florida including wood framed and tunnel form construction, including project scope generation, budgeting, contract negotiation, budgetary controls, construction and contract administration, and project close-out April 1993-April 1994 DRS, Ltd — Orlando, Florida- Development Manager Provided the developer with real estate development and construction support including supervision of all project amenity design and construction management and served as chairman of Architectural Review Committee and New Construction Committee Professional Affiliations American Institute of Architects National Association of Home Builders Tampa Bay Builders Association Urban Land Institute NICHOLAS WILLIAM HERRING 401 N. Rome Ave, Apt. 4136 Tampa, FL 33606 E-mail: nherring@frameworkgroupllc.com Education: NEW YORK UNIVERSITY New York, NY Leonard N. Stern School of Business, The Langone Program 2014 Master of Business Administration Specializations in Real Estate & Strategy • VP of Part -Time Students, Stern Real Estate Club • Core Group Leader, Fall 2012 Blue Core Group UNIVERSITY OF FLORIDA Gainesville, FL M. E. Rinker, Sr. School of Building Construction 2009 Bachelor of Science, Construction Management Minors in Business Administration & Sustainability Studies • VP & New Member Educator, Beta Theta Pi Fraternity • OF Construction Management Case Competition Team, lst Place, 2009 ASC Region II Competition Experience: FRAMEWORK GROUP, LLC 2015—Present Development Manager Tampa, FL • Manage ground -up multi -family development projects from concept to completion in various metros throughout Florida • Manage general contracting and consulting engagements for multi -family projects on behalf of external clients • Lead due diligence, pre -development, design, and construction processes and tasks, including consultant and contractor management, technical problem solving, budget and schedule development and tracking • Source new development, consulting, and general contracting opportunities on behalf of the firm • Promoted from Development Associate 2012-2015 SHAWMUT DESIGN & CONSTRUCTION New York, NY Project Manager • Led project teams of 3-5 individuals and 15-20 subcontractors in order to execute high -end retail and commercial construction projects • Managed 5-10 projects per year from conception through completion, including estimating, purchasing, scheduling, procurement, and vendor negotiations and management • Delivered projects on time while adhering to project specifications, maintaining superior quality, and adapting to meet changing needs as the clients' single point of contact • Managed P&L on all projects, consistently delivered 10-20% gross profit on each • Promoted from Assistant Project Manager 2009-2012 HILL INTERNATIONAL, INC. New York, NY Resident Field Engineer • Managed teams of trades and coordinated work on -site for large-scale public construction projects • Monitored construction quality and ensured adherence to project specifications • Conducted site and design drawing analyses to forecast issues and establish project execution strategies • Successfully executed over $300 MM in public construction projects • Promoted from Assistant Resident Engineer Additional: • Volunteer Project Manager ("House Captain"), Rebuild Together New York City • LEED Accredited Professional • Interests include: Architecture, Outdoor Sports, Fitness SHANE M. O'CONNOR (913) 522-2061 1 shane.oconnorgufl.edu I www.linkedin.com/in/shanemoconnor EDUCATION United States Naval Academy May 2009 Bachelor of Science in International Relations Annapolis, MD • Merit Graduate The Honor Foundation November 2017 A Transition Institute for selected Naval Special Warfare Personnel Virginia Beach, VA • Fellow, 100 hours of professional development, career coaching, and executive education. University of Florida May 2019 Master of Science in Real Estate (MSRE), Hough Graduate School ofBusiness Gainesville, FL • Relevant Coursework: Fundamentals of Real Estate Development, Law of Real Estate Transactions, Investment Property Analysis, Fixed Income Security Valuation, Venture Analysis U.S. Navy - Naval Special Warfare (NSW) Group Two, SEAL Team 10 March 2014 — January 2018 Operations /Force Protection Officer Virginia Beach, VA Led 51 Sailors as Principal Assistant to Navy SEAL Operations Officer. Orchestrated operational support to four SEAL Teams and 19 Special Operations sub -commands totaling 1,600 personnel across globe. • Selected for Joint/Interagency Task Force with U.S. Special Operations Command. Led a multi -national, nine -member intelligence team and delivered 18 face-to-face briefings to U.S. and Allied strategic -level decision makers, including Ambassadors and Four - Star Officers. Intelligence products directly led to the dismantling of ISIS terrorism endeavors. • Directed foreign military and civilians during construction of security features and implementation of security procedures for ports in Bahrain, U.A.E., Oman, Kuwait, Qatar, and Jordan. Protected over $113 in U.S. Navy ships and logistics assets. • Chaired team of six officers tasked to combat effects of Navy -wide workforce reduction. Secured $2.5M in funding from higher headquarters for resources to ensure mitigation of personnel losses. U.S. Marine Corps - 3rd Battalion, 2nd Marine Regiment February 2012 — February 2014 Naval Gunnery Liaison Officer/Prize Officer (Maritime Raid) Camp Lejeune, NC Led cross functional team of four Marines in a ground combat unit. Planned and executed five shore bombardment exercises involving over $400 million in munitions, warships, attack aircraft, and artillery. Trained 113 Marines, accurately landing 649 high explosive rounds. • Created and implemented concept to operate as single man replacement for five -sailor team supporting Marine Corps Special Operations in maritime raid operations on the Horn of Africa. Achieved 80% reduction in risk to personnel, 20% increase in mission speed. U.S. Navy - USS John S. McCain DDG56 June 2009 — January 2012 Gunnery Officer Yokosuka, Japan Maintained accountability for $100M of shipboard weapons and munitions. Directed, trained, and managed 11 Sailors. Conducted 18 large caliber, bi-lateral and multi -national gunnery exercises, executed 10 major ammunition movements, and maintained 100% weapons accountability of more than 1,000 small arms over entire tenure. • Led 50+ sailor teams in Special/High Risk Operations at sea for $1 billion U.S. Navy Destroyer, including Search and Rescue in aftermath of 2011 tsunami off Japan's northern coast. • Selected from 18 junior officers by ship's Captain to compete in the Navy -wide ship -handling competition. • Developed Anti -Terrorism training plan for crew of 300. Leveraged team expertise by delegating authority and simultaneously running firing ranges at geographically disparate locations. Achieved unprecedented 60% increase in weapon qualifications over two -week period. ADDITIONAL DATA Principal at Alchemy Real Estate LLC: Licensed Realtor (Virginia) I Residential real estate investment with renovation experience in Virginia and Illinois. Alchemy Fitness: 1 st Phorm Legionnaire I Online Fitness & Nutrition Coaching I Contributor, The Stylish Man Magazine. Software & Technical Skills: Excel; May 2019- CoStar, Argus, STDB, Bloomberg Memberships: International Council of Shopping Centers (ICSC); Urban Land Institute (ULI); May 2019- Completed 50% of Certified Commercial Investment Member (CCIM) and Member of the Appraisal Institute (MAI) designations Katherine Cowley 3905 W Angeles Street Tampa, FL 3 3629 cowleykatherine@gmail.com 813.784.7652 Cell PROFESSIONAL EXPERIENCE Global Technology Distribution Council Tampa, FL 2017 - Dec 2018 Project Manager Assisted in the coordination and execution of GTDC meetings/events held throughout the year for GTOC members and guests Responsible for event attendance Including, recruiting new attendees and ensuring key Individuals attend Responsible for attending events to assist with execution and represent GTOC to our members Work closely with vendors to negotiate contracts Responsible for distribution of monthly newsletter to current and past eventattendees Responsible for managing and tracking event calendar and team allocations Actively participates In annual strategy and budget development process Arranged complete International travel and accommodations for C-level executives within the organization Grady Elementary PTA Tampa, FL 2017 -current VP of Events Responsible for management of all aspects of events: staffing, vendors, sponsors, logistics, boothlspace needs and design, signage, collateral, shipments, speakers, Invoices, schedules and UOZA" etc. Led planning meetings leading up toevents Recruited and organized vendors to attend the event Attend events and oversee the event execution First Presbyterian Church Tampa, FL 2015 - current Women's Retreat Coordinator Responsible for management of all aspects of events: staffing, vendors, sponsors, logistics, boothlspace needs and design, signage, collateral, shipments, speakers, invoices, schedules and timelines, etc. Led planning meetings leading up to events Racnii}ad and organized vendors to attend the event Attend event and oversee the event execution Fossil, Inc Area Manager 2007-2010 Tampa, FL 2006-2010 Managed and accountable for overall performance of 4 Tampa Bay area locations with revenues of approximately $4M Managed and accountable for up to 20 additional locations throughout the East Region with revenues of approximately $20M Recognized for top performance In companywide inventory shrinkage and customer a4w4rA results " Improved key performance Indicators in every category year overyear Participated in District Manager leadership conferences Responsible for identifying and retaining top talentin thefield {pIA"dellvery of annual reviews Education Florida Gulf Coast University 2000-2002, BS Criminal Justice, Minor Forensics Florida State University 1997-200O Required Forms Collier County Solicitation 20-7600 66 /- Cnlltr.r Cot4rtl;Y rorm 2i Vendor Check Lisl jxlated: October Nib 2019 HfIPORTANT: THIS 8I113or t11UST BE SIGNED, Please rend carefully, sign kt the splices indicated And submit Willi your Proposal thru nigh Bidsvne. Vendor should check off ench of the following items as the necessary action is completed: ® The Solicitation Submittal has been signed. The Solicitation Pricing Document (Bid Schedule/Quote Schedulefete.) has been completed and attached. ® All applicable forms have been signed And included, along Willi licenses to complete the requirements of the project. ® Any Addenda have. been signed mud included. M Affidavit for Claiming SIMUS As,' Local Business, if nnnlicnble. Collier or Lee Cmnlly Business Tax Receipt MUS"1' be included. g Proof orstalus front Division of Corporations - Ploritla Depnrhumil of State (if work performed in the Slate) - Inyr/Mos ntylloridA condsunhirl. Proof of E-Verify (Meniorandunt of Understanding or Company Profile page) and lminigration Affidavit MUST be included - liltlm•I!a'a'w,e-veriR. [4 Grant Provisions mud Assurances package in its entirety, if OnAllcablc. Reference Questionnaires MUST be included or you may be deemed non -responsive. ALL SUMUTTALS MUST HAVE THE SOLICITATION NUMBER AND TITLE Name orrinui Framework Group, LLC Address: 1200 W. Platt Street Ste 201 city, stoic, zip: Tampa, Florida 33606 Telephone: 813-777-6981 Email: :777 m Itepresculnlive Signature: Representative Nante: Dntc 2� � p.12 1211MM 7:03 AM Collier County Solicitation 20-7098 arf- Ci011let' GONNLi, An,hi�sL•,+:m'vrozs tkPnrrc �: 17orm 3; Conflict or Interest Affidavit The Vendor ceililies IhM, to the best of its knowledge null belief, the past laud current work oil any Collier Counly project nllilialed Willi this solicilntiou (toes not pose tin orgnnindionnl coil Met as described by one of the three categories below: Rinsed ground Ades —Tic font has not set lire "grout,(, odes" for nflilinted past or current Collier County project Identified nbove (e.g., writing it procurement's statement of work, specifications, or performing systems engineering and technical direction for the procremot) which appears to skew the competition in favor of illy firm. Impaired objeclivily —The firm has not performed work on nil nllilialed past or cement Collier County project identified above to evaluate proposals I past performance. orilself or a competitor, which calls into question the coNrnctor's ability to render ingmdind advice to the government. Unequal access to infornudion — The firm has not had nceess to nonpublic information as part of its performance of a Collier County project identified obovo which rally have provided the contractor (or an antlinte) with all unrair compelilivc ndvnntage in current or future solicialiolls and conlrnets. In addition to this signed n(Tidm it, the contractor / vendor must provide the following: L All documents produced as a result of the work completed in the list or currently being worked on for the above-nlenlfonc(d project; and, 2, Indicate if the information produced was obtained as it matter of nublic record (in the "sunshine') or through non-public (not in the "sunshine") conversation (s), nheeting(s), documenl(s) ouUor other menus. pniluro to disclose nil mnterinl or having rah organizational conflict in one or more of the three categories above be identified, may result in the disqualification for future solicitations nffiliated with the nbove referenced projeet(s). By the siguaturc below, the firm (employees, officers and/or ngents) cerlifncs, and hereby discloses, lint, to the best of their knowledge nil belief, till relevnnt fuels concerning past, present, or currently planned interest or activity (finnncinl, contractund, organizational, or otherwise) which relates to tie Project identified above has been fully disclosed and does not pose till orgnudznlional conflict. Firm: Framework Group, LLC��`�_ 0 Signature laid Date: _ Print Name: Phillip 'ritcofsignatory: President P.13 12/17/2019 7:03 AM Collior County Solicllatlon 20.7698 Collier Coi-ml1' A<vnio:,traC:G;rnizs D::P�rtrc�t rorm 4u Vendor Declarnliom Slatcaueml BOARD OF COUNTY COMMISSIONERS Collier County Government Complex Naples, Florida 34112 Dear Con ilissioners: The undersigned, as Vendor declares tint this response is ntndc without connection or arrangement with any other person and this proposal is in every respect fair and mnde ill good faith, withoul collusion or ftamd. The vendoragrees, if this solictatior submittal is accepted, to execute a Collier County document for the purpose ofestablishiug n formal contractual relationship between the firm and Collier County, for the performance of all requirements to which the solicitation pertains. The Vendorstates Ilml the submitted is based upon the documents listed by the above referenced Solicitation, 170011CF, the vendor ngrces Ihnl if avarded n contract for Ihese goods and/or services, the vendor will cool be eligible to compete,subnrit a proposal, be mwnrded, or perform as it sub vendor for ally Allure associated wilh work Ihnt Is n result or this awarded contrneL IN \\'I'fNCSS \VIIF:REOI', \VE Imve herernlo subscribed our names on Ihts 2e111_ tiny of janoay , 2020 in the County of Hillsborough , ill the Slate of __Florida Firm's Legal Nnntet Address: City, Stale, Zip Code: Florida Certificate or Authority Document Number Federal Tax identification Number *CCR 11 or CAGE Code *Only If Grant Funded Telephone: Signature by: (Typed and written) Title: Framework Group, LLC — Aonn Vd Plait Rfraat Ste 201 1"ampa, Fiorlda 33606 . AdnAnna7AR'i 36.4731723 President p,14 12117/2019 7:03 AM Collier County Additional Contact Information Solicitation 20-7698 Send payments to: (required if different from above) Contact name: Title: Address: City, State, ZIP Telephone: Email: Office servicing Collier County to place orders (required if different from above) Contact name: Title: Address: City, State, ZIP Telephone: Email: N/A Company name used as payee N/A 12/17/2019 7:03 AM P. 15 Collier County Solicitation 20.7698 Cit7 Ner Colvil,l' Ay'ni•^•56dp,o ✓r,ixs Py,?rvi ," Por11151 Immigration Aflldttvlt Certillcution 'this Affidiwit is required and should be signed, by an authorizer) principnl of the firm null submitted with formal solicitation submittals. Further, Vendors are required to enroll in the E-Verify program, and provide acceplablc evidenco of their enrollment, Ell the little of the submission or tire Vendor's proposal. Acceptable evidence consists of n copy of the properly completed &Verify Cottlpauy Profile page ora copy ofllle fully executed E-Verify Menlorandattn of Underslandittg for the conlpuuy, lrnlhu•e to include . _ _. .. _. ,._ .._. n v_.ar................. n.uv Annm lhn Venlinv'S nrolm of nS 11o1L• Collier County will not intentionally nw'ard County contracts to Ally Vendor who knowingly employs unauthorized alien workers, constituting at violation of the employment provision contained in S U.S.C. Section 1324 o(e) Section 274A(e) of the Immigration mul Nntiunalily Act ("INA"). Collier Counly truly consider tile employment by ally Vclulor of unauthorized olions a violation Of Section 274A (c) of the INA. Such Violation by the recipient or the Gmployutenl Provisions contained in Section 274A (e) of the INA shall be grounds for unilateral termination or the contrncl by Collier County. Vendor nuests that they are fully complimu with all applicable Immigration laws (specifically to the 1956 i n olgiation Act and subsequent Amendnlent(s)) null agrees to comply with the Provisions of the Menloruulum of Understanding with E-Verify and to provide proof of enrollmenl in The limploynrenl Eligibility Verification System (G-Veriry), operated by the Department of Homeland Security in pnrtnership with the Suciol Security Administration at the lime of submission of the Vendor's proposal. Company Name Framework Group, LLC Print Name Phillip Smith i -- Signature Title President Date �z6 r" PA6 1211712019 7:03 AM Co(ll,l�or County Sollellnllon 20-7698 �%011 ltlr' Collllf.), t•. nv.tVO �rt<nfJS Pv: K^' Corm 6: Vendor Snhslilole W — 9 Request for Taxpayer Idenlificntion Number and Cerliticnlion In accordnnco with the Internal Revenue Service regulations, Collier County is required to collect the following information for tax reporting proposes front f rdividuals nil(' congmnfes who do business with the County (including social security numbers if used by the indivi(lunl or company fen tax reporting purposes). Florida Statute 119.071(5) requires that the county notify you in writing of the reason for collecting this information, wlliclr will be used for no other purpose than herein stored. Please complete all information Ilat applies to your business and return with your quote or proposal. 1, General Infermnlion (provide nil information) ((Is shoo'n on income ms renn•ll) Business Name (if dtff'realfi•ohntaxpayer nahhle) City Address 1200 W. Plan street Ste gal y State — Maeda 813.777.6981 Order I11formlifioll (i1{msl be fillet) 0110 Address 1200 W. Platt Street $to 201 33600 Retail / Paynienl Informftlinu (ivlusl be filled ou(). Address Y1200 W. Platt Street Ste 201 City Tampa _Slate p Florida Zip 33006 I City Tampa slate Fridalor Zip 3316 &unfl psmilh@framoworkgroupllo.wnI I Company Slnttls(cltecAohtyone) Under hllormal Revenue Service 501 (u) 3) Email kcavAoy@lremeworkprouPllc.com c L++rater, the Wx classification 3.l'axpayer1(lenlificationNumbev(forlacrepolvhlgparllosesonly) Fe(lernl'fax l(le tification Number (TIN) 36.4731723 (Vuators aho (to not have o'flN will be required to provide It d. Signand DaWFOL"ll: riflcatlon: Under penaltes of Per1N I ' y01 t the infornmftml shown on fhis� I Signature / 613-777-6981 p.17 J2117120107:03 AM INSTRUCTIONS TO PROPOSERS 1. QUESTIONS 1.1 Direct questions related to this iTN to the Collier County Procurement Services Division Online Bidding System website: https:Hwww bidsvnc com/bidsvnc-cas/. 1.2 Proposers must clearly understand that the only official answer or position of the County will be the one stated on the Collier County Procurement Services Division Online Bidding System website. For general questions, please call the referenced Procurement Strategist noted on the cover page. 2. PRE -PROPOSAL CONFERENCE 2.1 The purpose of the pre -proposal conference is to allow an open forum for discussion and questioning with County staff regarding the ITN with all prospective vendors having all equal opportunity to hear and participate. Oral questions will receive oral responses, neither of which will be official, nor become part of the ITN. Only written responses to written questions will be considered official, and will be included as part of the ITN as an addendum. 2.2 All prospective vendors are strongly encouraged to attend, as, this will usually be the only pre -proposal conference for this solicitation. If this pre -proposal conference is denoted as "mandatory", prospective Vendors must be present in order to submit a proposal response. 3. COMPLIANCE WITH THE iTN Proposals must be in strict compliance with this ITN. Failure to comply with all provisions of the ITN may result in disqualification. 4. AMBIGUITY CONFLICT OR OTHER ERRORS IN THE ITN It is the sole responsibility of the vendor if they discovers any ambiguity, conflict, discrepancy, omission or other error in the ITN, to immediately notify the Procurement Professional, noted herein, of such error in writing and request modification or clarification of the document prior to submitting the proposal. The Procurement Professional will make modifications by issuing a written revision and will give written notice to all parties who have received this ITN from the Procurement Services Division. 5. PROPOSALS PRESENTATIONS, AND PROTEST COSTS The County will not be liable in any way for any costs incurred by any Vendor in the preparation of its proposal in response to this ITN, nor for the presentation of its proposal and/or participation in any discussions, negotiations, or, if applicable, any protest procedures. 6. VALIDITY OF PROPOSALS No proposal can be withdrawn after it is opened unless the vendor makes their request in writing to the County. All proposals shall be valid for a period of one hundred eighty (180) days from the submission date to accommodate evaluation and selection process. 7. METHOD OF SOURCE SELECTION 7.1 The County is using the Competitive Sealed Proposals methodology of source selection for this procurement, as authorized by Ordinance Number 2017-08, establishing and adopting the Collier County Procurement Ordinance. 7.2 If the County receives proposals from less than three (3) firms, the Procurement Director shall review all the facts and determine if it is in the best interest of the Comity to solicit additional proposals or request that the Selection Committee rank order the received proposals. S. EVALUATION OF PROPOSALS 8.1 The County's procedure for selecting is as follows: 8.1.1 The Procurement Services Director shall appoint a selection committee to review all proposals submitted. 8.1.2 The Request for Proposal is issued. 8.1.3 Subsequent to the receipt closing date for the proposals, the Procurement Professional will review the proposals received and verify each proposal to determine if it minimally responds to the requirements of the published ITN. 8.1.4 Selection committee meetings will be open to the public and publicly noticed by the Procurement Services Division. 8.1.5 In an initial organization meeting, the selection committee members will receive instructions, the submitted proposals, and establish the next selection committee meeting date and time. After the first meeting, the Procurement Professional will publically announce all subsequent committee meeting dates and times. The subsequent meeting dates and times will be publicly posted with at least one (1) day advanced notice. 8.1.6 Selection committee members will independently review and score each proposal based on the evaluation criteria stated in the request for proposal using the Individual Selection Committee Score and Rank Form and prepare comments for discussion at the next meeting. The Individual Selection Committee Score and Rank Form is merely a tool to assist the selection committee member in their review of the proposals. 8.1.7 At the publicly noticed selection committee meeting, the members will present their independent findings / conclusions / comments based on their reading and interpretation of the materials presented to each other, and may ask questions of one another. Time will be allowed for public continent. 8.1.8 Collier County selection committee members may consider all the material submitted by the Proposer and other information Collier County may obtain to determine whether the Proposer is capable of and has a history of successfully completing projects of this type, including, without limitation, additional information Collier County may request, clarification of proposer information, and/or additional credit information. 8.1.9 Once the individual scoring has been completed, the Procurement professional will read the results publicly. Subsequent to the selection committee ranking, the top short-listed OFFERERS will then have the opportunity to present to the BOARD. Oral presentations provide the OFFERORS an opportunity to share their vision, experience, capability, and expertise with the BOARD ahead of final selection. 8.1.10 Based upon a review of the presentations and proposals, the BOARD will select the top OFFEROR(S) to negotiate as authorized in Section 11, Paragraph 7 of Comity Procurement Ordinance Number 2017-08. 8.1.11 The COUNTY reserves the right to negotiate any element of the proposals in the best interest of the County. 8.2 The County reserves the right to withdraw this iTN at any time and for any reason, and to issue such clarifications, modifications, addendunns, and/or amendments as it may deem appropriate, including, but not limited, to requesting supplemental proposal information. 8.3 Receipt of a proposal by the County offers no rights upon the proposer nor obligates the County in any manner. 8.4 Acceptance of the proposal does not guarantee issuance of any other governmental approvals. 9. REFERENCES The County reserves the right to contact any and all references submitted as a result of this solicitation. 10. RESERVED RIGHTS Collier County reserves the right in any solicitation to accept or reject any or all bids, proposals or offers; to waive minor irregularities and technicalities; or to request resubmission. Also, Collier County reserves the right to accept all or any part of any bid, proposal, or offer, and to increase or decrease quantities to meet additional or reduced requirements of Collier County. Notwithstanding any other provisions of this Article, if none or only one responsive and responsible bid or proposal is received following any solicitation, the County Manager, or designee, reserves the right to reject all bids, proposals or offers and to negotiate with any responsible providers to secure the best terms and conditions in the sole interest of the County unless otherwise provided by law. 11. INSURANCE AND BONDING REQUIREMENTS 11.1 The Vendor shall at its own expense, carry and maintain insurance coverage from responsible companies duly authorized to do business in the State of Florida as set forth in the Insurance and Bonding attachment of this solicitation. The Vendor shall procure and maintain property insurance upon the entire project, if required, to the full insurable value of the scope of work. 11.2 The County and the Vendor waive against each other and the County's separate Vendors, Contractors, Design Vendor, Subcontractors agents and employees of each and all of them, all damages covered by property insurance provided herein, except such rights as they may have to the proceeds of such insurance. The Vendor and County shall, where appropriate, require similar waivers of subrogation from the County's separate Vendors, Design Vendors and Subcontractors and shall require each of them to include similar waivers in their contracts. 11.3 Collier County shall be responsible for purchasing and maintaining, its own liability insurance. 11.4 Certificates issued as a result of the award of this solicitation must identify "For any and all work performed on behalf of Collier County." 11.5 The General Liability Policy provided by Vendor to meet the requirements of this solicitation shall name Collier County, Florida, as an additional insured as to the operations of Vendor under this solicitation and shall contain a severability, of interests provisions. 11.6 Collier County Board of County Commissioners shall be named as the Certificate Holder. The Certificates of Insurance must state the Contract Number, or Project Number, or specific Project description, or must read: For any and all work performed on behalf of Collier County. The "Certificate Holder" should read as follows: Collier Cotmty Board of County Commissioners Naples, Florida 11.7 The amounts and types of insurance coverage shall conform to the minimum requirements set forth in Insurance and Bonding attachment, with the use of Insurance Services Office (ISO) forms and endorsements or their equivalents. if Vendor has any self -insured retentions or deductibles under any of the below listed minimum required coverage, Vendor must identify on the Certificate of Insurance the nature and amount of such self- insured retentions or deductibles and provide satisfactory evidence of financial responsibility for such obligations. All self -insured retentions or deductibles will be Vendor's sole responsibility. 11.8 Coverage(s) shall be maintained without interruption from the date of commencement of the Work until the date of completion and acceptance of the scope of work by the County or as specified in this solicitation, whichever is longer. 11.9 The Vendor and/or its insurance carrier shall provide 30 days written notice to the County of policy cancellation or non renewal on the part of the insurance carrier or the Vendor. The Vendor shall also notify the County, in a like manner, within twenty-four (24) hours after receipt, of any notices of expiration, cancellation, non -renewal or material change in coverage or limits received by Vendor from its insurer and nothing contained herein shall relieve Vendor of this requirement to provide notice. In the event of a reduction in the aggregate limit of any policy to be provided by Vendor hereunder, Vendor shall immediately take steps to have the aggregate limit reinstated to the full extent permitted under such policy. , 11.10 Should at any time the Vendor not maintain the insurance coverage(s) required herein, the County may terminate the Agreement or at its sole discretion shall be authorized to purchase such coverage(s) and charge the Vendor for such coverage(s) purchased. If Vendor fails to reimburse the County for such costs within thirty (30) days after demand, the County has the right to offset these costs from any amount due Vendor under this Agreement or any other agreement between the County and Vendor. The County shall be under no obligation to purchase such insurance, nor shall it be responsible for the coverage(s) purchased or the insurance company or companies used. The decision of the County to purchase such insurance coverage(s) shall in no way be construed to be a waiver of any of its rights under the Contract Documents. 11.11 If the initial or any subsequently issued Certificate of Insurance expires prior to the completion of the scope of work, the Vendor shall furnish to the County renewal or replacement Certificate(s) of Insurance not later than ten (10) calendar days after the expiration date on the certificate. Failure of the Vendor to provide the County with such renewal certificate(s) shall be considered justification fr the County to terminate any and all contracts. 12. ADDITIONAL ITEMS AND/OR SERVICES Additional items and / or services may be added to the resultant contract, or purchase order, in compliance with the Procurement Ordinance. 13. COUNTY'S RIGHT TO INSPECT The County or its authorized Agent shall have the right to inspect the Vendor's facilities/project site during and after each work assignment the Vendor is performing. 14. VENDOR PERFORMANCE EVALUATION The County has implemented a Vendor Performance Evaluation System for all contracts awarded in excess of $25,000. To this end, vendors will be evaluated on their performance upon completion/termination of this Agreement. The County reserves the right to take into consideration a vendor's past performance under a prior or current County contract when it is considering the granting of a new contract, the assignment of a work order, or any additional work. Past poor performance may result in the County deeming the vendor non -responsible and therefore refraining from awarding such work. 15. ADDITIONAL TERMS AND CONDITIONS OF CONTRACT 15.1 The selected Vendor shall be required to sign a standard Collier County contract. 15.2 The resultant contract(s) may include purchase or work orders issued by the County's project manager. 15.3 The County reserves the right to include in any contract document such terms and conditions, as it deems necessary for the proper protection of the rights of Collier County. A sample copy of this contract is available upon request. The County will not be obligated to sign any contracts, maintenance and/or service agreements or other documents provided by the Vendor. 15.4 The County's project manager shall coordinate with the Vendor / Contractor the return of any surplus assets, including materials, supplies, and equipment associated with the scope or work. 16. PUBLIC RECORDS COMPLIANCE 16.1 Florida Public Records Law Chapter 119, including specifically those contractual requirements in 119.0701(2)(a)-(b) as follows: IF THE CONTRACTOR HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 1199 FLORIDA STATUTES, TO THE CONTRACTOR'S DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS CONTRACT, CONTACT THE CUSTODIAN OF PUBLIC RECORDS AT: Communication and Customer Relations Division 3299 Tamiami Trail East Suite 102 Naples, FL 34112-5746 Telephone: (239) 252-8383 16.2 The Contractor must specifically comply with the Florida Public Records Law to: 16.2.1 Keep and maintain public records required by the public agency to perform the service. 16.2.2 Upon request from the public agency's custodian of public records, provide the public agency with a copy of the requested records or allow, the records to be inspected or copied within a reasonable time at a cost that does not exceed the cost provided in this chapter or as otherwise provided by law. 16.2.3 Ensure that public records that are exempt or confidential and exempt from public records disclosure requirements are not disclosed except as authorized by law for the duration of the contract term and following completion of the contract if the Contractor does not transfer the records to the public agency. 16.2.4 Upon completion of the contract, transfer, at no cost, to the public agency all public records in possession of the Contractor or keep and maintain public records required by the public agency to perform the service, if the Contractor transfers all public records to the public agency upon completion of the contract, the Contractor shall destroy any duplicate public records that are exempt or confidential and exempt from public records disclosure requirements. if the Contractor keeps and maintains public records upon completion of the contract, the Contractor shall meet all applicable requirements for retaining public records. All records stored electronically must be provided to the public agency, upon request from the public agency's custodian of public records, in a format that is compatible with the information technology systems of the public agency. 17. PAYMENT METHOD 17.1 Payments are made in accordance with the Local Government Prompt Payment Act, Chapter 218, Florida Statutes. Vendor's invoices must include: 17.1.1 Purchase Order Number 17.1.2 Description and quantities of the goods or services provided per instructions on the County's purchase order or contract. Invoices shall be sent to: Board of County Commissioners Clerk's Finance Department ATTN: Accounts Payable 3299 Tamiami Trail East, Suite 700 Naples FL 34112 Or Emailed to: bceapcIerk(&_coIIiercIerk.com 17.2 Payments will be made for articles and/or services furnished, delivered, and accepted, upon receipt and approval of invoices submitted on the date of services or within six (6) months after completion of contract. Any untimely submission of invoices beyond the specified deadline period is subject to non-payment under the legal doctrine of "!aches" as untimely submitted. Time shall be deenned of the essence with respect to the thnely submission of invoices under this agreement. 17.3 in instances where the successful contractor may owe debts (including, but not limited to taxes or other fees) to Collier County and the contractor has not satisfied nor made arrangement to satisfy these debts, the County reserves the right to off -set the amount owed to the County by applying the amount owed to the vendor or contractor for services performed of for materials delivered in association with a contract. 17.4 Invoices shall not reflect sales tax. After review and approval, the invoice will be transmitted to the Finance Division for payment. Payment will be made upon receipt of proper invoice and in compliance with Chapter 218 Florida Statutes, otherwise known as the "Local Government Prompt Payment Act." Collier County reserves the right to withhold and/or reduce an appropriate amount of any payment for work not performed or for unsatisfactory performance of Contractual requirements. 18. ENVIRONMENTAL HEALTH AND SAFETY 18.1 All Vendors and Sub Vendors performing service for Collier County are required and shall comply with all Occupational Safety and Health Administration (OSHA), State and County Safety and Occupational Health Standards and any other applicable rules and regulations. Vendors and Sub Vendors shall be responsible for the safety of their employees and any unsafe acts or conditions that may cause injury or damage to any persons or property within and around the work site. All firewall penetrations must be protected in order to meet Fire Codes. 18.2 Collier County Government has authorized OSHA representatives to enter any Collier County facility, property and/or right-of-way for the purpose of inspection of any Vendor's work operations. This provision is non-negotiable by any department and/or Vendor. 18.3 All new electrical installations shall incorporate NFPA 70E Short Circuit Protective Device Coordination and Arc Flash Studies where relevant as determined by the engineer. 18.4 All electrical installations shall be labeled with appropriate NFPA 70E arch flash boundary and PPE Protective labels. 19. POLLUTION PREVENTION The vendor is required to implement industry relevant pollution prevention and best management practices. Should pollution incidents occur, Collier County Pollution Control must be notified immediately. 20. LICENSES 20.1 The Vendor is required to possess the correct Business Tax Receipt, professional license, and any other authorizations necessary to carry out and perform the work required by the project pursuant to all applicable Federal, State and Local Law, Statute, Ordinances, and rules and regulations of any kind. Additionally, copies of the required licenses must be submitted with the proposal response indicating that the entity proposing, as well as the team assigned to the County account, is properly licensed to perform the activities or work included in the contract documents. Failure on the part of any Vendor to submit the required documentation may be grounds to deem Vendor non -responsive. A Vendor, with an office within Collier County is also required to have all occupational license. 20.2 All State Certified contractors who may need to pull Collier County permits or call in inspections must complete a Collier County Contractor License registration form and submit the required fee. After registering the license/registration will need to be renewed thereafter to remain "active" in Collier County. 20.3 If you have questions regarding professional licenses contact the Contractor Licensing, Community Development and Environmental Services at (239) 252-2431, 252-2432 or 252-2909. Questions regarding required occupational licenses, please contact the Tax Collector's Office at (239) 252-2477. 21. PRINCIPAL/COLLUSION By submission of this Proposal the undersigned, as Vendor, does declare that the only person or persons interested in this Proposal as principal or principals is/are named therein and that no person other than therein mentioned has any interest in this Proposal or in the contract to be entered into; that this Proposal is made without connection with any person, company or panties making a Proposal, and that it is in all respects fair and in good faith without collusion or fraud. 22. RELATION OF COUNTY It is the intent of the parties hereto that the Vendor shall be legally considered an independent Vendor, and that neither the Vendor nor their employees shall, under any circumstances, be considered employees or agents of the County, and that the County shall be at no time legally responsible for any negligence on the part of said Vendor, their employees or agents, resulting in either bodily or personal injury or property damage to any individual, firm, or corporation. 23. TERMINATION Should the Vendor be found to have failed to perform services in a manner satisfactory to the County, the County may terminate this Agreement immediately for cause; further the County may terminate this Agreement for convenience with a thirty (30) day written notice. The County shall be sole judge of non performance. In the event that the award of this solicitation is made by the Procurement Services Director, the award and any resultant purchase orders may be terminated at any time by the County upon thirty (30) days written notice to the awarded vendor(s) pursuant to the Board's Procurement Ordinance. 24, LOBBYING After the issuance of any solicitation, no current or prospective vendor or any person acting on their behalf, shall contact, communicate with or discuss any matter relating to the solicitation with any Collier County employee or elected or appointed official, other than the Procurement Services Director or his/her designees. This prohibition ends upon execution of the final contract or upon cancellation of the solicitation. Any current or prospective vendor that lobbies any Collier Comity employee or elected or appointed official while a solicitation is open or being recommended for award (i) may be deemed ineligible for award of that solicitation by the Procurement Services Director, and (ii) will be subject to Suspension and Debarment outlined in section Twenty-eight of County Ordinance 2017-08. 25. CERTIFICATE OF AUTHORITY TO CONDUCT BUSINESS IN THE STATE OF FLORIDA (FL Statute 607.1501) In order to be considered for award, firms must be registered with the Florida Department of State Divisions of Corporations in accordance with the requirements of Florida Statute 607.1501 and provide a certificate of authority (wcvw.snnbiz.org/search.html) prior to execution of a contract. A copy of the document may be submitted with the solicitation response and the document number shall be identified. Firms who do not provide the certificate of authority at the time of response shall be required to provide same within five (5) days upon notification of selection for award. If the firm cannot provide the document within the referenced timefianne, the County reserves the right to award to another firm. 26. SINGLE PROPOSAL Each Vendor must submit, with their proposal, the required forms included in this ITN. Only one proposal from a legal entity as a primary will be considered. A legal entity that submits a proposal as a primary or as part of a partnership or joint venture submitting as primary may not then act as a sub -vendor to any other firm submitting under the same iTN. if a legal entity is not submitting as a primary or as part of a partnership or joint venture as a primary, that legal entity may act as a sub -vendor to any other firm or firms submitting under the same iTN. All submittals in violation of this requirement will be deemed non -responsive and rejected fiom further consideration. 27, PROTEST PROCEDURES 27.1 With respect to a protest of the terms, conditions and specifications contained in a solicitation, including any provisions governing the methods for evaluation of bids, proposals or replies, awarding contracts, reserving rights for further negotiation or modifying or amending any contract, the protesting party shall file a notice of intent to protest within three (3) days, excluding weekends and County holidays, after the first publication, whether by posting or formal advertisement of the solicitation. The formal written protest shall be filed within, five (5) days of the date the notice of intent is filed. Formal protests of the terms, conditions and specifications shall contain all of the information required for the Procurement Services Director, to render a decision on the formal protest and determine whether postponement of the bid opening or proposallresponse closing time is appropriate. The Procurement Services Director's decision shall be considered final and conclusive unless the protesting party files an appeal of the Procurement Services Director's decision. 27.2 Any actual proposer or respondent to who desires to protest a recommended contract award shall submit a notice of intent to protest to the Procurement Services Director within three (3) calendar days, excluding weekends and County holidays, from the date of the initial posting of the recommended award. 27.3 All formal protests with respect to a recommended contract award shall be submitted in writing to the Procurement Services Director for a decision. Said protests shall be submitted within five (5) calendar days, excluding weekends and County holidays, from the date that the notice of intent to protest is received by the Procurement Services Director, and accompanied by the required fee. 27.4 Complete form and instructions for formal protest are set forth in Section 23 of Collier County Ordinance 2017-08. The protesting party must have standing as defined by established Florida case law to maintain a protest. 28. PUBLIC ENTITY CRIME A person or affiliate who has been placed on the convicted Vendor list following a conviction for a public entity crime may not submit a bid, proposal, or reply on a contract to provide any goods or services to a public entity; may not submit a bid, proposal, or reply on a contract with a public entity for tine construction or repair of a public building or public work; may not submit bids, proposals, or replies on leases of real property to a public entity; may not be awarded or perform work as a contractor, supplier, subcontractor, or vendor under a contract with any public entity; and may not transact business with any public entity in excess of the threshold amount provided in s. 287.017 for CATEGORY TWO for a period of 36 months following the date of being placed on the convicted Vendor list. 29. SECURITY AND BACKGROUND CHECKS 29.1 The Contractor is required to comply with County Ordinance 2004-52, as amended. Background checks are valid for five (5) years and the Contractor shall be responsible for all associated costs. If required, Contractor shall be responsible for the costs of providing background checks by the Collier County Facilities Management Division for all employees that shall provide services to the County under this Agreement. This may include, but not be limited to, checking federal, state and local law enforcement records, including a state and FBI fingerprint check, credit repots, education, residence and employment verifications and other related records. Contractor shall be required to maintain records on each employee and make them available to the County for at least four (4) years. 29.2 All of Contractor's employees and subcontractors must wear Collier County Government Identification badges at all times while performing services on County facilities and properties. Contractor iD badges are valid for one (1) year from the date of issuance and can be renewed each year at no cost to the Contactor during the time period in which their background check is valid, as discussed below. All technicians shall have on their shirts the name of the contractor's business. 29.3 The Contractor shall immediately notify the Collier County Facilities Management Division via e-mail (DL- FMOPS@colliergov.net) whenever an employee assigned to Collier County separates from their employment. This notification is critical to ensure the continued security of Collier County facilities and systems. Failure to notify within four (4) hours of separation may result in a deduction of $500 per incident. 29.4 CCSO requires separate fingerprinting prior to work being performed in any of their locations. This will be coordinated upon award of the contract. If there are additional fees for this process, the vendor is responsible for all costs. 30. CONFLICT OF INTEREST Vendor shall complete the Conflict of Interest Affidavit included as an attaclmnent to this ITN document. Disclosure of any potential or actual conflict of interest is subject to County staff review and does not in and of itself disqualify a firm from consideration. These disclosures are intended to identify and or preclude conflict of interest situations during contract selection and execution. 31. PROHIBITION OF GIFTS TO COUNTY EMPLOYEES No organization or individual shall offer or give, either directly or indirectly, any favor, gift, loan, fee, service or other item of value to any County employee, as set forth in Chapter 112, Part i1i, Florida Statutes, the current Collier County Ethics Ordinance and County Administrative Procedure 5311. Violation of this provision may result in one or more of the following consequences: a. Prohibition by the individual, firm, and/or any employee of the firm from contact with County staff for a specified period of time; b. Prohibition by the individual and/or firm from doing business with the County for a specified period of time, including but not limited to: submitting bids, ITN, and/or quotes; and, c. immediate termination of any contract held by the individual and/or firm for cause. 32. IMMIGRATION LAW AFFIDAVIT CERTIFICATION 32.1 Statutes and executive orders require employers to abide by the immigration laws of the United States and to employ only individuals who are eligible to work in the United States. 32.2 The Employment Eligibility Verification System (E-Verify) operated by the Department of Homeland Security (DHS) in partnership with the Social Security Administration (SSA), provides an Internet -based means of verifying employment eligibility of workers in the United States; it is not a substitute for any other employment eligibility verification requirements. The program will be used for Collier County formal Invitations to Bid (ITB) and Request for Proposals (ITN) including Request for Professional Services (ITN) and construction services. 32.3 Exceptions to the program: 32.3.1 Commodity based procurement where no services are provided. 32.3.2 Where the requirement for the affidavit is waived by the Board of County Commissioners 32.4 Vendors / Bidders are required to enroll in the E-Verify program, and provide acceptable evidence of their enrollment, at the time of the submission of the Vendor'slbidder's proposal. Acceptable evidence consists of a copy of the properly completed E-Verify Company Profile page or a copy of the fully executed E-Verify Memorandum of Understanding for the company. Vendors are also required to provide the Collier County Procurement Services Division an executed affidavit certifying they shall comply with the E-Verify Program. The affidavit is attached to the solicitation documents. If the BidderNendor does not comply with providing the acceptable E-Verify evidence and the executed affidavit the bidder's / Vendor's proposal may be deemed non -responsive. 32.5 Additionally, Vendors shall require all subcontracted Vendors to use the E-Verify system for all purchases not covered under the "Exceptions to the program" clause above. 32.6 For additional information regarding the Employment Eligibility Verification System (E-Verify) program visit the following website: http://www.dhs.gov/E-Verify. It shall be the Vendor's responsibility to familiarize themselves with all rules and regulations governing this program. 32.7 Vendor acknowledges, and without exception or stipulation, any firms) receiving an award shall be fully responsible for complying with the provisions of the Immigration Reform and Control Act of 1986 as located at 8 U.S.C. 1324, et seq. and regulations relating thereto, as either may be amended and with the provisions contained within this affidavit. Failure by the awarded firm(s) to comply with the laws referenced herein or the provisions of this affidavit shall constitute a breach of the award agreement and the County shall have the discretion to unilaterally terminate said agreement immediately. Yes r No Certification: I certify that I am in agreement, to the best of my knowledge, with the instructions To Proposers above. INSURANCE AND BONDING REOUIREMENTS Insurance / Bond Type Required Limits 1. ® Worker's Compensation Statutory Limits of Florida Statutes, Chapter 440 and all Federal Government Statutory Limits and Requirements Evidence of Workers' Compensation coverage or a Certificate of Exemption issued by the State of Florida is required. Entities that are formed as Sole Proprietorships shall not be required to provide a proof of exemption. An application for exemption can be obtained online at https•//apps fldfs.com/bocexenrpt/ 2. ® Employer's Liability $_500,000_ single limit per occurrence 3. ❑ Commercial General Bodily Injury and Property Damage Liability (Occurrence Form) patterned after the current S_1,000,000 single limit per occurrence, $2,000,000 aggregate for Bodily ISO form Injury Liability and Property Damage Liability. This shall include Premises and Operations; Independent Contractors; Products and Completed Operations and Contractual Liability. 4. ® Indemnification To the maximum extent permitted by Florida law, the ContractorNendor shall defend, indemnify and hold harmless Collier County, its officers and employees from any and all liabilities, damages, losses and costs, including, but not limited to, reasonable attorneys' fees and paralegals' fees, to the extent caused by the negligence, recklessness, or intentionally wrongful conduct of the Contractor/ Vendor or anyone employed or utilized by the Contractor/Vendor in the performance of this Agreement. 5. ® Automobile Liability S_1,000,000_ Each Occurrence; Bodily Injury & Property Damage, Owned/Non-owned/Hired; Automobile Included G. ® Other insurance as noted: ❑ Watercraft $ Per Occurrence ❑ United States Longshoreman's and Harborworker's Act coverage shall be maintained where applicable to the completion of the work. S Per Occurrence ❑ Maritime Coverage (Jones Act) shall be maintained where applicable to the completion of the work. S Per Occurrence ❑ Aircraft Liability coverage shall be carried in limits of not less than $5,000,000 each occurrence if applicable to the completion of the Services under this Agreement. $ Per Occurrence ❑ Pollution $ Per Occurrence ® Professional Liability S _1,000,000_ Per claim & in the aggregate ❑ Project Professional Liability S Per Occurrence ❑ Valuable Papers insurance S Per Occurrence ❑ Cyber Liability $ Per Occurrence ❑ Technology Errors & Omissions $ Per Occurrence 7. ❑ Bid bond Shall be submitted with proposal response in the form of certified funds, cashiers' check or an irrevocable letter of credit, a cash bond posted with the County Clerk, or proposal bond in a sum equal to 5% of the cost proposal. All checks shall be made payable to the Collier County Board of County Commissioners on a bank or trust company located in the State of Florida and insured by the Federal Deposit Insurance Corporation. 8. ❑ Performance and Payment For projects in excess of $200,000, bonds shall be submitted with the executed Bonds contract by Proposers receiving award, and written for 100% of the Contract award amount, the cost borne by the Proposer receiving an award. The Performance and Payment Bonds shall be underwritten by a surety authorized to do business in the State of Florida and otherwise acceptable to Owner; provided, however, the surety shall be rated as "A-" or better as to general policy holders rating and Class V or higher rating as to financial size category and the amount required shall not exceed 5% of the reported policy holders' surplus, all as reported in the most current Best Key Rating Guide, published by A.M. Best Company, Inc. of 75 Fulton Street, New York, New York 10038. 9. ® Vendor shall ensure that all subcontractors comply with the same insurance requirements that he is required to meet. The same Vendor shall provide County with certificates of insurance meeting the required insurance provisions. 10. ® Collier County must be named as "ADDITIONAL INSURED" on the Insurance Certificate for Commercial General Liability where required. This insurance shall be primary and non-contributory with respect to any other insurance maintained by, or available for the benefit of, the Additional Insured and the Vendor's policy shall be endorsed accordingly. 11. ® The Certificate Holder shall be named as Collier County Board of County Commissioners, OR, Hoard of County Commissioners in Collier County, OR Collier County Government, OR Collier County. The Certificates of Insurance must state the Contract Number, or Project Number, or specific Project description, or must read: For any and all work performed on behalf of Collier County. 12. ® On all certificates, the Certificate Holder must read: Collier County Board of County Commissioners, 3295 Tamianri Trail East, Naples, FL 34112 13. ® Thirty (30) Days Cancellation Notice required. 14. Collier County shall procure and maintain Builders Risk Insurance on all construction projects where it is deemed necessary. Stich coverage shall be endorsed to cover the interests of Collier County as well as the Contractor. Premiums shall be billed to the project and the Contractor shall not include Builders Risk premiums in its project proposal or project billings. All questions regarding Builder's Risk Insurance will be addressed by the Collier County Risk Management Division. 12/16/19 - CC Vendor's Insurance Statement We understand the insurance requirements of these specifications and that the evidence of insurability may be required within five (5) days of the award of this solicitation. The insurance submitted must provide coverage for a minimum of six (6) months from the date of award. Name of Firm Vendor Signature Print Name Insurance Agency Agent Name Framework Group, LLC Phillip A. Smith Eagle American Insurance Agency Sheila Serrano Date 1 /28/20 Telephone Number Sheila.Serrano@ioausa.com Signed Addenda cnlLier County Administrative Services Division Procurement SeMces Date: December 17, 2019 Email: evelyn.colon@colliercountyfl.gov Telephone: (239) 252-2667 Addendum 1 From: Geoff Thomas, Procurement Strategist To: Interested Bidders Subject: Addendum 4 1 Solicitation # and Title 20-7698 PUBLIC PRIVATE PARTNERSHIP (P3) - HOUSING AND LAND DEVELOPMENT COMPONENT AT THE FORMER GOLDEN GATE GOLF COURSE The following clarifications are issued as an addendum identifying the following clarification to the scope of work, changes, deletions, or additions to the original solicitation document for the referenced solicitation: Change 1. Revised Invitation to Negotiate (ITN) Instructions Form. Change 2. Updated language in sections 1.4 of the Invitation to Negotiate. Change 3. Insurance Requirements If you require additional information please post a question on our Bid Sync (www bidsync.com) bidding platform under the solicitation for this project. Please sign below and return a copy of this Addendum with your submittal for the above referenced solicitation. (Signature) Framework Group, LLC (Name of Firm) 1-28-2020 Date '4._ Cdher coullty Administmfive Services Division Procurement Services Date: December 26, 2019 Email: Viviana.Giarimoustas@colliercountyfl.gov Telephone: (239) 252-8375 Addendum 2 From: Viviana Giarimoustas, Procurement Strategist To: Interested Bidders Subject: Addendum # 2 Solicitation # 20-7698 PUBLIC PRIVATE PARTNERSHIP (P3) - HOUSING AND LAND DEVELOPMENT COMPONENT AT THE FORMER GOLDEN GATE GOLF COURSE The following clarifications are issued as an addendum identifying the following clarification to the scope of work, changes, deletions, or additions to the original solicitation document for the referenced solicitation: Attachment A and Appendix B have been added below. If you require additional information, please post a question on our Bid Sync (www bidsyne.com) bidding platform under the solicitation for this project. Please sign below and return a copy of this Addendum with your submittal for the above referenced solicitatioiN (Signature) F2v1 as (Name of Firm) 2e Zo Date Collier County Administrative SerNces Division Procurement Setvkes Email: Viviana.Giariiiloustas@coiIiercountyfl.gov Telephone: (239) 252-8375 Addendum 3 Date: January 3, 20120 From: Viviana Giarimoustas, Procurement Strategist To: Interested Bidders Subject: Addendum # 3 Solicitation # 20-7698 PUBLIC PRIVATE PARTNERSHIP (P3) - HOUSING AND LAND DEVELOPMENT COMPONENT AT THE FORMER GOLDEN GATE GOLF COURSE The following clarifications are issued as an addendum identifying the following clarification to the scope of work, changes, deletions, or additions to the original solicitation document for the referenced solicitation: 1. This solicitation is being extended to Tuesday, January 28, 2020, 3:00 PM EST. 2. Please see the following clarifications in response to inquiries received regarding Solicitation #20- 7698, for a P3 housing and land development component at the former Golden Gate Golf Course. Some interested proposers have asked for clarification regarding rental rates and income requirements and what the County is seeking to develop. The County is seeking to provide rent limited rental units, where renter qualifications maybe based on occupation and income but where income is not a final limiting factor. It is conceivable that rental units while being rented at a rate equivalent to 80% Area Median Income (AMI) and its occupants have an income above 100% AMI, In the responses to this solicitation proposers should demonstrate that they have the capability, vision, and flexibility to work with the County and the Community Foundation to develop, manage, and maintain this project. These responses should remain high-level demonstrations that exhibit the firm's capabilities, project specific details will be identified through a consulting phase with input from the County, Community Foundation; and selected firm. The selected proposer will begin a two-step process. In the first step (consulting and business plan development phase), the firm will enter into an exclusive partner contract with County to refine their proposal by working with the County to go through the zoning process, define the land to be set aside, create preliminary site plans, and develop a final business plan. The plan will solidify the rental rates, criteria for qualifying, and finalize the ownership and management terms. In this phase the selected firm will be at the table with the County, the Community Foundation, and the engineering/planning firm as a partner. Upon completion of the business plan, the selected firm would work with the County to finalize the contract for the project. Step two (construction, management, and ownership phase) would bring a detailed contract to the Board with specific terms and conditions along with the committed financial support of the Community Foundation. The following clarification points should provide clarification regarding the solicitation. Within the introduction the second paragraph includes the following sentence: • In addition, the OFFEROR must produce a product that will be affordable to households earning between 30-80% of Area Median Income. This should be: • In addition, the OFFEROR must should produce a product that will be :ffodable to households earnn with target rental rates between 30-80% of Area Median Income (ex: 2019 max rents = one bedroom $ 1175 two bedroom $ 1410 three bedroom $ 1629). In regard to the Detailed Scope of Work, subsection 2: • The following correction to the following sentence: For example, those proposals offering a variety of unit types and ineeme rental levels containing all the uses listed may rate higher than a proposal with only some of the uses. • The County is not seeking to develop a low-income housing development but to provide affordable housing for essential services employees in the County • A minimum of 10% of units should be set aside for seniors, veterans, considerations for these individuals with special needs will be viewed favorably. • A majority of the units will be reserved for Essential Services employees and their families: o Teachers o fire fighters o sheriff's officers o nurses o EMTs o etc. • Proposers that present target rental rates between that are equivalent to between 30-80% of Area median income are preferred • Proposals with rental rates exceeding 80% of area median income should provide justification for the proposed rates (ex: 2019 max rents = one bedroom $1,175, two bedroom $1,410, three bedrooms $1,629) • State or Federal funding is not required in order to submit a proposal but may be sought by proposers • Income based criteria for renters is only applicable to the extent that may be required if State or Federal funding is obtained, otherwise renters are not required to meet intone thresholds Within the Scoring Criteria for Ranking Proposals section, Evaluation Criteria No. 2, subsection 3: • The third bullet point is mistyped it should be split into separate bullet points as laid out in the Detailed Scope of Work Section o Define project set -asides • at least 10% for seniors, veterans, considerations for these individuals with special needs will be viewed favorably. • essential employees and their families such as: teachers, fire fighters, sheriff's officers, nurses, and EMTs, etc. if you require additional information, please post a question on our Bid Sync (www.bidsync.com) bidding platform under the solicitation for this project. Please sign below and return a copy of this Addendum with your submittal for the above referenced :E C &`' 0 b>JAA- G�t24A�it� ��i (Name of Firm) )1411,0 Dat corker country AdrninistaWe SeNces Division Procurement Services Date: January 10, 2020 Email: evelyn.colon@colliercountgfl.gov Telephone: (239) 252-2667 Addendum 4 From: Evelyn Colon, Procurement Strategist To: Interested Bidders Subject: Addendum # 4 Solicitation # and Title 20-7698 PUBLIC PRIVATE PARTNERSHIP (P3) - HOUSING AND LAND DEVELOPMENT COMPONENT AT THE FORMER GOLDEN GATE GOLF COURSE The following clarifications are issued as an addendum identifying the following clarification to the scope of work, changes, deletions, or additions to the original solicitation document for the referenced solicitation: Change 1. Removing the original copy of the solicitation. Addendum 1 provided a revised version. If you require additional information please post a question on our Bid Sync (www.hidsync.com) bidding platform under the solicitation for this project. Please sign below and return a copy of this Addendum with your submittal for the above referenced solicitation. (Signature) F2AM wt ��11./(- (Name of Firm) Dae CiAG-r C01414ty Email: evelyn.colon a colliercountyfl.gov Telephone: AdminislrativeServicesDivision one: 239 P ( ) 252-2667 Procurement Services Addendum 5 Date: January 15, 2020 From: Evelyn Colon, Procurement Strategist To: Interested Bidders Subject: Addendum # 5 Solicitation # and Title 20-7698 HOUSING AND LAND DEVELOPMENT COMPONENT AT THE FORMER GOLDEN GATE GOLF COURSE The following clarifications are issued as an addendum identifying the following clarification to the scope of work, changes, deletions, or additions to the original solicitation document for the referenced solicitation: Change 1. Changes the title on this project and removes the "Public Private Partnership" reference throughout the solicitation document. A revised solicitation is being provided. If you require additional information please post a question on our Bid Sync (www.bidsyne,com) bidding platform under the solicitation for this project. Please sign below and return a copy of this Addendum with your* submittal for the above referenced solicitation. (Signature) (--rZAM45J0,2b- C,4�e, wL (Name of Firm) l ,242 Date