Request for Proposals for a Low Income Housing Tax Credit (LIHTC) Project:  Hualapai Tribe

Author:
Publish date:

Request for Proposals

Request for Proposals for a Low Income Housing Tax Credit (LIHTC) Project

The Hualapai Tribe is requesting proposals from qualified individuals and firms for professional services for a proposed low-income housing tax credit development to be located on tribal land near Peach Springs, AZ.

The intent of this proposal is to assist the Hualapai Tribe with the following:

· Development of an affordable housing project concept

· All necessary work to submit a LIHTC application and secure an allocation (through issuance of Form 8609)

· All necessary work to solicit and secure equity investors

· All necessary work to close the transaction with an equity investor

· All necessary work to facilitate disbursement of the limited partner’s capital

· All necessary work to provide compliance and asset management services through the LIHTC compliance period

· All necessary work for supplemental financial packages (ICDBG, housing trust funds, infrastructure grants)

Proposals to assist with these services must be submitted to the Hualapai Tribe by Monday June 21, 2021 at 5:00 PM MST.

Please email proposals in PDF format to Freddy Watahomigie, Proposals received after the deadline will not be accepted. Please contact Freddy Watahomigie via email Freddy.watahomigie@Hualapai-nsn.gov or phone (928) 769-2274 with any questions you may have regarding this Request for Proposals or any of the requirements outlined in the scope of work to be completed.

Proposal Requirements

1. Cover letter

2. Names of the Owner, Partner, or Officer of the business or businesses.

3. Description of experience related to LIHTC and supplemental financial services:

a. Please describe the experience and length of time in business.

b. Please describe the specific experience of the providing consulting services for LIHTC developments in Indian Country.

c. Please provide a list of new projects the worked on in the last 12 months.

4. Description of experience securing successful LIHTC awards.

5. References: Please include a minimum of five references.

6. Disclosure of Claims: Please disclose any claims, lawsuits, or formal disputes for work or services previously or currently being performed that could affect the financial feasibility.

7. Cost proposal: Please detail all costs required to assist with these services. Please include the cost of the application’s market study in your cost proposal.

8. Timetable for completion of the services: Please outline the expected timeline to compete the full scope of services outlined below.

9. Indian Preference: This project is subject to Indian Preference as determined in Section 7(b) of the Indian Self-Determination and Education Assistance Act {25 USC 450e(b)}; however, all bidders including Non-Indian contractors are encouraged to submit a proposal. Indian enterprises must submit proof of 51% or more Indian ownership and control with the proposal submission.

Project Award

The rating factors and values to be used in award of this contract are as follows and out of a possible 160 points:

Criteria & Points:

Number of LIHTC projects with tribes.  15 points

Number of successful LIHTC projects.    25 points

Qualifications   25 points

Cost   20 points

Proposed Schedule  5 points

Indian Preference  10 points

General Background

The Hualapai Tribe will be submitting an application for an award of Low Income Housing Tax Credits to the Arizona Department of Housing for a request of 2021 credits (with applications anticipated to be due 1st or 2nd QTR of 2022).

Compensation

The proposal should provide a cost for all work associated with the provision of these services. The final cost of services may be negotiated, prior to award of the contract.

Please call Freddy Watahomigie with any questions at (928) 769-2274. The proposal may be submitted electronically to Freddy Watahomigie at Freddy.watahomigie@Hualapai-nsn.gov or you can mail to Freddy Watahomigie P.O. Box 130 peach springs AZ 86434.