ATTENTION
IMPORTANT NOTICE
REQUEST FOR PROPOSALS
puni. îc
n o t iç e jt o
own e r s
APPLICATION PROCEDURES:
The H o u s in g A u t h o r i t y o f P o r t la n d (H A P) i n v i t e s p r o p o s a ls u n d e r th e S e c tio n 8
M o d e ra te R e h a b i l i t a t i o n p ro g r a m .
U n d e r t h a t p ro g r a m , h o u s in g u n i t s a re b r o u g h t up
to co d e and t o H o u s in g Q u a l i t y S ta n d a r d s .
The P o r t la n d D e v e lo p m e n t C o m m is s io n
(PD C) w i l l a s s i s t o w n e rs in th e r e q u i r e d f i n a n c i a l a rr a n g e m e n ts and w i l l s u p e r v is e
th e re h a b w o r k .
T h e r e a f t e r , a f i f t e e n - y e a r S e c t io n 8 H o u s in g A s s is t a n c e Paym ent
C o n t r a c t w i l l be e x e c u te d b e tw e e n th e o w n e r and HAP.
The o w n e rs o t p r o p e r t i e s
p ro p o s e d f o r s e l e c t i o n m u s t s u b m it th e i n f o r m a t i o n r e q u i r e d by PDC f o r a f i n a n c i a l
f e a s i b i l i t y a s s e s s m e n t.
Based upon t h i s a s s e s s m e n t, p r o j e c t s w i l l be s e le c t e d
f o r i n c l u s i o n in th e p ro g r a m , t a k i n g i n t o a c co u n t, th e p r i o r i t i e s l i s t e d b e lo w .
The f o l l o w i n g
p r io r itie s
1.
P r o je c ts
2.
P r o p o s a ls
w ill
be ta k e n
in v o lv in g
b u ild in g s
re h a b e c o n o m ic a lly
fe a s ib le ;
fo r
u p g r a d in g
in to
th a t
u n its
of
account
a re
in
m a k in g th e
p r o je c t
v a c a n t and d e t e r i o r a t i n g
3 o r m ore b e d ro o m s
fo r
s e le c tio n
w it h
fa m ilie s
w it h
c h ild r e n ;
3.
P r o je c ts
of
25 o r
le s s u n i t s ,
lo c a t e d
in
e lig ib le
C o m m u n ity B lo c k
G ra n t a r e a s ;
4.
P r o je c ts
owned by o r
fo r c r e a t in g
5.
P r o je c ts
p u b lic
A p p lic a tio n s
th a t
to
to
be owned by a n o n - p r o f i t c o r p o r a t io n
and m a i n t a i n in g
a re c l e a r l y
p r iv a te
m ust
e c o n o m ic a lly
h o u s in g ;
fe a s ib le ,
e s ta b lis h e d
and
in c lu d in g
le v e r a g in g
in v e s t m e n t .
may be o b t a in e d
C o m p le te d a p p l i c a t i o n s
a lfo r d a b le
by c a l l i n g
be m a ile d
th e
PDC a t
. 9 6 - 5 ) 1 '.
to
P o r t la n d D e v e lo p m e n t C o m m is s io n
1120 S .V . 5 th A venue
P o r t l a n d , OR 97204
p o s tm a rk e d no
la te r
la te r
th a n 4 :0 0
In q u ir ie s
th a n Ju n e
p .m .,
Ju n e
12,
may be a d d re s s e d t o
B ru c e Wade a t
7 9 6 -5 3 )8 .
Page 10. JOBS, May 15, 1985
12,
1 9 8 5 , o r h a n d - d e liv e r e d
to
PDC, I o r t l a n d ,
19 8 5 .
L.
R. M u s o lf
at
2 4 9 -5 5 4 9 o r
2 2 9 -3 7 6 3 ,
or
to
no