The City of Buffalo ("City"), through the Buffalo Urban Renewal Agency ("BURA"), is seeking proposals through the federal HOME Investment Partnership Act to assist in the development of affordable housing projects in the City of Buffalo. The City of Buffalo and BURA will support projects that provide for an increase in the number of affordable housing units through new construction, conversion of non-residential space or renovations to vacant residential structures or rehabilitation of existing rental units in substandard condition. Projects that propose renovations to existing rental units whereby the cost of renovation is less than 60% of the proposed development budget, including acquisition and soft costs will not be considered for HOME funding.
The HOME Investment Partnership Program was created under Title II of the National Affordable Housing Act of 1990. The general purposes of HOME are expanding the supply of decent and affordable housing particularly rental housing, for low and moderate income residents, strengthening the abilities of State and local governments to design and implement strategies for achieving adequate supplies of decent affordable housing, providing financial and technical assistance to participating jurisdictions, extending and strengthening partnerships among all levels of government and the private sector, including for profit and nonprofit organizations, in the production and operation of affordable housing. Through this program, activities have been undertaken to enhance ongoing neighborhood revitalization efforts. For the funding period covered by this application the City will assess proposals received that address the goals outlined in the City's Consolidated Plan It is the policy of BURA, that all local Minority/Women Business Enterprises (M/WBE's) be encouraged to submit proposals. BURA continues to ensure that all locally owned M/WBE's are afforded the maximum opportunity to participate as Applicants or Sub-Applicants in the provision of goods and services for BURA. BURA encourages the award of at least thirty percent (30%) of the total dollar value of this project directly or indirectly to M/WBE's. The Minority Business Enterprise Utilization Plan proposed for this project should be submitted as Exhibit H of the HOME application. See Updated Early Submission of Utilization Plan - UPDATED March 2023 under Evaluation Criteria BURA and the City reserve the right to seek additional information from organizations/applicants, especially those not previously funded by BURA and/or the City; this Question and Answer period will take place from May 24, 2023 to June 2, 2023 Payment In Lieu of Taxes (PILOT) agreements-must be applied for separately from this RFP response. A PILOT agreement is NOT automatically awarded to projects receiving HOME funding. If you would like to apply for a PILOT you must contact BURA General Counsel at 851-5051; rgeller-alongi@citybuffalo.com for application information The method of Contractor Selection has not been Determined at this time.
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