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RFQ - Affordable Housing Compliance & Monitoring 2012LA QUINTA HOUSING AUTHORITY P.O. BOX 1504 78-495 CALLE TAMPICO LA QUINTA, CA 92253 REQUEST FOR QUALIFICATIONS TO PROVIDE AFFORDABLE HOUSING COMPLIANCE AND MONITORING SERVICES OCTOBER 9, 2012 Introduction The La Quinta Housing Authority ("LQHA") seeks Request for Qualifications from qualified firms with proven municipal experience to provide affordable housing administrative, compliance, and monitoring services. The LQHA as Successor Agency to the former La Quinta Redevelopment Agency, oversees several affordable housing programs. These programs include a home ownership silent second trust deed program; a sewer subsidy loan program; and a residential rehabilitation loan program. SERVICES REQUESTED, BUT ARE NOT LIMITED TO: ➢ Screen program applicants to determine eligibility ➢ Application processing for resale of properties ➢ Annual compliance monitoring, certification, and reporting ➢ Loan subordination review/approval/processing ➢ Payoff processing/monitoring ➢ Coordination with property owners, realtors, escrow and title companies to process purchase and refinance ➢ Preparation of required forms/paperwork ➢ Provide courteous, professional service to property owners and applicants as they work through the purchase, refinance, and sale process Submittal Requirements Please submit three proposals (two bound/one unbound) including a letter of interest on or before 5:00 p.m. on November 16, 2012 to: Debbie Powell, Economic Development/Housing Manager City of La Quinta, City Manager's Office 78-495 Calle Tampico La Quinta, CA 92253 Proposals received after the deadline shall not be accepted. A proposal outlining the consultant's fee schedule shall be submitted with the Statement of Qualifications. 2 Consultants are encouraged to keep their qualifications brief and relevant to the specific work required. 1. Statement of Qualifications (a) A listing of proposed project personnel, including resumes for principals. (b) Consultant's experience with similar work, including names and current phone numbers of reference for listed projects. (c) Specific experience with municipal government. 2. Fee Schedule The consultant is to submit a detailed fee schedule for all services contained within this Request for Qualifications ("RFQ"). Selection Process Statement of Qualifications and letters of interest will be reviewed by a Consultant Selection Committee. The Committee will rank the consultants for potential contract negotiations based upon the most pertinent experience and specific overall qualifications to perform the services requested. The LQHA will open contract negotiations with the top ranked firm. The successful consultant will be expected to enter into the attached Professional Services Agreement. Anticipated Schedule ■ Issue Request for Proposals ■ Qualification Statements Due ■ City Council Consideration of Professional Services Agreement City Rights and Options October 19, 2012 November 16, 2012 December 18, 2012 The solicitation does not commit the LQHA to award a contract, to pay any cost incurred with preparation of the proposal, or to procure or contract for services or supplies. The LQHA reserves the right to accept or reject any or all submittals received in response to this request, to negotiate with any qualified source, or cancel in whole or part this process in its sole and absolute discretion. Subsequent to negotiations, prospective consultants may be required to submit revisions to this submittal. All person or entities responding to this RFQ should note that any 3