Application Deadline: 3 p.m. Thursday, September 19, 2019 The Housing Resources Commission is pleased to announce the opening of a competitive funding round for Building Homes Rhode Island (BHRI), a State-funded initiative of the Housing Resources Commission. At this time, the Housing Resources Commission will be making an estimated $12 million available for the development and preservation of affordable housing. While the BHRI RFP is using the same / similar forms as other initiatives administered by Rhode Island Housing such as the HOME, HTC programs, please note the program requirements, priorities and application process are distinct and may differ. The BHRI 3 (Round 3) RFP, however, is also soliciting interest relative to the Neighborhood Stabilization Program (NSP). The NSP is designed primarily to acquire and rehabilitate abandoned and foreclosed properties in neighborhoods highly impacted by the foreclosure crisis. An Appendix requesting information for those projects which would qualify for NSP consideration, has been attached to the application. Projects meeting NSP program requirements should complete these Appendix questions. Support of such proposals will be considered from both funding sources (BHRI and / or NSP). Failure to complete the appendix questions could negatively impact consideration of your project. Please note that projects targeting Special Needs populations, broadly defined to include the homeless, disabled, elderly or any other population requiring special services / accommodations - will be highly prioritized in this funding round. Projects which fall within identified Opportunity Zones, should detail such the application narrative. Opportunity zones are a community investment tool intended to encourage long term investment in key areas. It is a priority objective that State investments be coordinated in such areas. APPLICATION INFORMATION: Application materials will be posted and available on the State's website at http: //www.ohcd.rj.gQy . Incomplete applications, applications submitted on incorrect/ obsolete f orms and those omitting the requested documentation will not be evaluated. Applicants must submit three hard copies and one electronic version of the full application on CD or thumb drive to the address provided below. Applicants may submit multiple proposals for more than one project in any given funding round. Hou s ing R esources Commiss i on r e serve the right to a d j ust f unding amounts re q u e s t e d by a n y applicant b ased on ne e d, demand, a n d project fit with availab l e sources. Current Low I ncome Housing Tax C r edit pr o ject sponsors th a t s till r e quire additional funding sourc e s as p a r t of their existing propo s a l s MUST submit an appli c ation for BHRI fu n ds in res p onse to this RFP. E LIGIBLE APPLICAN T S : Nonprofit housing developer s , fo r - profit developers, p u b l i c housing authorities, mu n i ci p al i ties, faith-bas ed o rganizations, comm u nity housing develop m ent o r ganizations, recogn i zed tribes, state departments or agencies a nd redevelo p ment corpor a tions. THRESHOLD C R IT E RIA: Thresh o ld criteria will be utili z ed t o determine which a p p l i cations will confo r m to the requiremen t s of the funding round. Any application determined to b e non-compliant with the stated threshold criteria will be eliminated from consideration: A p plication s mu s t be com p l e t e, inclu ding all attachm e nts as listed in the applic a tio n . The applicant m ust be in Good Standi n g with the o rganization's s t ate of origin and the St a te of Rhode Island; The applicant shall not h ave any pend ing law s u i ts with the m unicipa l i ty in which t h ey pr o pose to d evelop; Projects must be consistent with i n come targ e ts outlined in t h i s RFP; Properties and activities proposed for consideration must be eligible in accordance with BHRI r egulations; Proj e c t s m ust meet timeliness r e q u i rements referenced in the BHRI regulation s ; P r o posals m u st meet all a p p l i cable S t a t e and local con s truction a nd rehabilitati o n guideli n es; Proposals s h o u l d be c o nsistent with the S tate Land Use P l an, ap p licable Municipal Affordable Ho u sing Plan, S t a te Comprehen s i ve Housing Plan and Sta t e C onsolidated Plan. DISTRIBUTION PLAN AND SCORING: The BHRI D istribution Plan, including funding priorities and scoring criteria, are attached and can be fou n d on the State's websi t e at http://www.ohcd.ri.gov Detai l s o f scoring, includi n g in f o r m a tion on the key c rit e r i a of Fina n ci a l V i ability and Capacity, will accompany the fi n a l RFP. APPLICATION S U BMISSION: Applica t i o ns are due by 3:00p.m. on T hursday, September 1 9 , 2 019. Two hard cop i es a n d one electronic ver s i on of the full a p pl i c a t i on on CD or thumb drive must b e submi t t ed to R a ymond Neirinck x , Offi c e of Housing and Community Development/Housing Resources Commission, One Capit o l H il l , 3rd Floor, Prov i d e n ce, R.I. 0290 8 - 5873. If you have questions about the BHRI program, please contact Raymond Neirinckx, Housing Commission Coordinator, at 222-4893 or Raymond.Neirinckx@doa.ri.gov .