Proposal - Caha, Becky
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QUALIFICATIONS TO PROVIDE
HOUSING COMPLIANCE AND
MONITORING SERVICES
LA QUINTA HOUSING AUTHORITY
City of La Quinta
Housing Authority
78495 Calle Tampico
La Quinta, CA 92253
April 2, 2019
9812 Continental Drive
Huntington Beach, CA 92646
760.900.9668
cahabecky@gmail.com B ECKY C AHA C
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April 2, 2019 Via Electronic Mail
Ms. Angela Ferreira, Housing Specialist
CITY OF LA QUINTA, CITY MANAGER’S OFFICE
78495 Calle Tampico
La Quinta, CA 92253
QUALIFICATIONS TO PROVIDE AFFORDABLE HOUSING COMPLIANCE AND MONITORING
SERVICES
Dear Ms. Ferreira:
Thank you for the opportunity to present this letter of qualifications and proposal for housing
compliance and monitoring services to the La Quinta Housing Authority (Authority). It has been
my pleasure to provide these services for the City of La Quinta (City), the former La Quinta
Redevelopment Agency (Agency) and currently, the Authority for almost 30 years through my
employment with Rosenow Spevacek Group until May 31, 2012, and since June 1, 2012 as an
independent contractor with the Authority.
My experience with the City and Authority makes me uniquely qualified to provide the Authority
with the services requested in the Request for Qualifications. I have a clear understanding of
the need for compliance in all aspects of the Authority’s affordable housing programs, as well as
a good working relationship with realtors, lenders, property owners, and Authority staff. This
will allow the administration of these programs to continue seamlessly without any downtime.
The following describes some of my recent related experience and references with the La Quinta
Housing Authority:
Affordable Housing Program Administration – City of La Quinta
During the past twenty years, I have provided complete administration services of administering
their respective affordable housing programs including, managing its single‐family and
multifamily residential rehabilitation loan programs, mobile home conversions, and acquisitions
of dilapidated properties for refurbishment and resale. I have assisted property owners in the
refinancing of their homes, selling of their properties to qualified buyers, verification of all
ownership and income qualifications to ensure compliance with all applicable restrictions.
Below are references of those I have worked with on the Authority’s housing programs:
Jim Cathcart Cathy Boyd
La Quinta Palms Realty Solaris Escrow
(760) 564‐4104 (760) 776‐5770
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The following scope of services outlines those duties and time requirements which I propose to
continue to provide for the Authority.
SCOPE OF SERVICES
1. 2nd TRUST DEED PROGRAM & OTHER LOAN PROGRAMS
A Application Processing
For all the Authority’s 2nd Trust Deed Programs ‐ review any potential
applicants for resales (this includes Watercolors, 2nd Trust Deed Home
Purchase Loans, Miraflores, Authority Resales, and Habitat, as well any
additional projects that may come online throughout the term of the contract
with the Authority). Coordinate with realtors and escrow/title on processing
purchases. (Estimated time required – 10 hours per month)
B. Subordination Review / Approval / Processing
Review current loan applications and verify whether or not a refinance is
allowable under terms of the particular program; coordinate with lender and
escrow in processing subordination agreements and preparing said agreements
for signature. (Estimated time required – 10 hours per month)
C. Payoff Processing
Verify whether or not loan can be paid off; and, if allowed, work with lender,
escrow and property owner to determine payoff amount and prepare the
necessary payoff documents to ensure that the Authority receives payment.
(Estimated time required – 5 hours per month)
D. Phone Call/Inquiries
Consists of phone calls from realtors, property owners, lenders, general public
on the terms and conditions of various properties within the Authority’s housing
program. Involves reviewing restrictions, determining potential resale prices,
refinancing limitations, and payoff limitations. (Estimated time required – 30
hours per month)
E. Compliance Monitoring (conducted once a year)
Annually mail out recertification letters to all property owners to verify that
they still reside on the property, research with County in the event of returned
letters, or discrepancy of mailing addresses to verify the owner occupancy of
property. (Estimated time required – 25 hours annually, performed in July)
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II. MULTIFAMILY/RENTAL PROPERTIES
Verify the continued compliance of the Authority’s multifamily rental properties.
Verification of income levels of tenants, and rental amounts to verify each project is still
in compliance with their respective controlling agreements. (Estimated time required –
15 hours annually, performed in July)
III. OTHER SERVICES
A. Recording Reconveyances ‐ Sewer Subsidy Program (term expiration) –Arrange
for the preparation and recordation of the necessary reconveyance documents
for those properties that have completed the 15‐year term of the sewer subsidy
program. (Estimated time required – 2 hours monthly. Will only be required
this next fiscal year as all properties have concluded their term)
B. Residential Rehabilitation Loan Program ‐ Monthly process payments of the
rehabilitation loan for the loan programs and monitor the repayment schedule.
(Estimated time required – ½ hour per month)
C. Foreclosure / Loan Default Assistance – Working with lenders and homeowners
in the event of defaults and foreclosure sales to ensure that the Authority’s
interests are maintained to the extent possible. (Estimated time required – 3
hours per month)
D. Housing Authority Annual Report – Assist Authority staff with the verification of
affordable housing properties and assistance amount. (Estimated time required
– 5 hours annually, performed in September or October)
Again, I am prepared to alter my scope of services to accommodate any changes in services the
Authority deems appropriate.
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FEE PROPOSAL
Below is my fee proposal based upon compensation on a time and materials basis. My hourly
rate for this engagement is $100 per hour. The estimate below is provided for a period of 12
months assuming all services noted in the Scope of Services (for detailed month by month
breakdown, please see the attached). It is anticipated that these services could be provided for
an estimated NOT TO EXCEED FEE of $71,100.
Estimated Budget:
Invoices
Invoices will be submitted at the end of each month. Expense charges will be kept to a
minimum, and will be billed at cost only. I will not charge for phone charges, copies, or mileage
within Southern California. I will charge for postage or outside services (FedEx, UPS).
Insurance
I currently have insurance that covers these services, and will upgrade my insurance to meet the
Authority’s requirements throughout the term of my contract.
Thank you for this opportunity to provide the Authority with my qualifications for these services.
I am hopeful that the working relationship that is currently in place can continue. Please feel
free to contact me with any questions or if you require any additions/subtractions to the Scope
of Services. You can reach me at (760) 900‐9668 and my email is cahabecky@gmail.com.
Sincerely,
Becky Caha
Becky Caha
Housing Program Consultant
Hours $ Amount
2nd Trust Deed Program
Application Processing - Resales of Covenanted
Properties 120 12,000$
Subordination Review/Approval/Processing 60 6,000$
Payoff Processing 60 6,000$
Phone Calls/Inquiries 360 36,000$
Ownership Recertification Compliance Monitoring 25 2,500$
Multifamily / Rental Properties
Annual Compliance Certification Monitoring 15 1,500$
Other Services
Recording Reconveyances - Sewer Subsidy Program 24 2,400$
Proocessing of Rehab Loan Payments 6 600$
Foreclosure / Loan Default Assistance 36 3,600$
Houing Authority Annual Report 5 500$
TOTAL 71,100$
LA QUINTA HOUSING AUTHORITY
Housing Program Administration Annual Budget
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Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-202nd Trust Deed ProgramHours Amount Hours Amount Hours Amount Hours Amount Hours Amount Hours Amount Hours Amount Hours Amount Hours Amount Hours Amount Hours Amount HoursAmountApplication Processing - Resales of Covenanted Properties10 1,000$ 10 1,000$ 10 1,000$ 10 1,000$ 10 1,000$ 10 1,000$ 10 1,000$ 10 1,000$ 10 1,000$ 10 1,000$ 10 1,000$ 10 1,000$ Subordination Review/Approval/Processing5 500$ 5 500$ 5 500$ 5 500$ 5 500$ 5 500$ 5 500$ 5 500$ 5 500$ 5 500$ 5 500$ 5 500$ Payoff Processing5 500$ 5 500$ 5 500$ 5 500$ 5 500$ 5 500$ 5 500$ 5 500$ 5 500$ 5 500$ 5 500$ 5 500$ Phone Calls/Inquiries30 3,000$ 30 3,000$ 30 3,000$ 30 3,000$ 30 3,000$ 30 3,000$ 30 3,000$ 30 3,000$ 30 3,000$ 30 3,000$ 30 3,000$ 30 3,000$ Ownership Recertification Compliance Monitoring25 2,500$ 0 -$ 0 -$ 0 -$ 0 -$ 0 -$ 0 -$ 0 -$ 0 -$ 0 -$ 0 -$ 0 -$ TOTAL 75 7,500$ 50 5,000$ 50 5,000$ 50 5,000$ 50 5,000$ 50 5,000$ 50 5,000$ 50 5,000$ 50 5,000$ 50 5,000$ 50 5,000$ 50 5,000$ 62,500$ Multifamily / Rental PropertiesAnnual Compliance Certification Monitoring15 1,500$ 0 -$ 0 -$ 0 -$ 0 -$ 0 -$ 0 -$ 0 -$ 0 -$ 0 -$ 0 -$ 0 -$ 15 1,500$ 0 -$ 0 -$ 0 -$ 0 -$ 0 -$ 0 -$ 0 -$ 0 -$ 0 -$ 0 -$ 0 -$ 1,500$ Other ServicesRecording Reconveyances - Sewer Subsidy Program2 200$ 2 200$ 2 200$ 2 200$ 2 200$ 2 200$ 2 200$ 2 200$ 2 200$ 2 200$ 2 200$ 2 200$ Proocessing of Rehab Loan Payments0.5 50$ 0.5 50$ 0.5 50$ 0.5 50$ 0.5 50$ 0.5 50$ 0.5 50$ 0.5 50$ 0.5 50$ 0.5 50$ 0.5 50$ 0.5 50$ Foreclosure / Loan Default Assistance3 300$ 3 300$ 3 300$ 3 300$ 3 300$ 3 300$ 3 300$ 3 300$ 3 300$ 3 300$ 3 300$ 3 300$ Houing Authority Annual Report0-$ 0 -$ 5 500$ 0 -$ 0 -$ 0 -$ 0 -$ 0 -$ 0 -$ 0 -$ 0 -$ 0 -$ TOTAL 5.5 550$ 5.5 550$ 10.5 1,050$ 5.5 550$ 5.5 550$ 5.5 550$ 5.5 550$ 5.5 550$ 5.5 550$ 5.5 550$ 5.5 550$ 5.5 550$ 7,100$ 95.5 9,550$ 55.5 5,550$ 60.5 6,050$ 55.5 5,550$ 55.5 5,550$ 55.5 5,550$ 55.5 5,550$ 55.5 5,550$ 55.5 5,550$ 55.5 5,550$ 55.5 5,550$ 55.5 5,550$ 71,100$ ANNUAL TOTAL FOR HOUSING PROGRAM ADMINISTRATIONJul-19LA QUINTA HOUSING AUTHORITYHousing Program Administration Monthly BudgetAug-19 Sep-19 Oct-19 Nov-19 Dec-19
Becky Caha
9812 Continental Drive
Huntington Beach, CA 92646
Phone: 760-900-9668
E-mail: cahabecky@gmail.com
BACKGROUND
Conducts a wide variety of real estate and affordable housing consulting services to
municipalities throughout Southern California. My broad portfolio of experience includes
developing and administering low and moderate income housing and subsidy programs,
reviewing applicant eligibility, coordinating escrow and document preparation, and conducting
annual monitoring and reporting activities. I also have considerable experience in the field of
rent subsidy and tenant coordination for multifamily affordable housing projects.
FOCUS AREAS
Affordable Housing and Housing Assistance Programs, Oversight Agent, Program
Administration, Application Process Oversight, Escrow Supervision, Underwriting Services
EXPERIENCE
• Program Administrative Consultant for City of La Quinta/La Quinta Housing Authority for
the administration of the Home Purchase Loan Program and compliance management of
their multifamily income restricted rental units.
•Project Management Consultant for the administration and compliance City of Coronado
Home Purchase Loan Program and multifamily tenant recertification and compliance
monitoring for their affordable rental units.
• Project Management for underwriting services for the City of Irwindale’s Affordable Housing
Low and Moderate Down Payment Assistance Program.
OTHER AFFILIATIONS
•Fair Housing Council of Riverside County, Inc.
•California Association for Local Economic Development
•Riverside County Coalition of Affordable Housing Professionals
EDUCATION
B.A. Liberal Arts – University of Redlands
M.A. Organizational Leadership – Biola University
RESUME