Specifications include, but are not limited to: The HHH will award up to $2,409,978.54 of HOME Investment Partnerships funding, towards the new construction or acquisition/rehabilitation and/or preservation of multi-family housing development within the Albuquerque city limits. At minimum, the selected 2023 HOME INVESTMENT PARTNERSHIPS AFFORDABLE RENTAL DEVELOPMENT PROJECT(S) shall: Develop an Affordable Rental Housing project for low- to moderate-income populations, that also complies with the regulatory requirements of HUD HOME Investment Partnerships grant funding. Using the Project Application (Appendix A), Ranking Matrix assessment tool (Appendix C) and data, demonstrate how the proposed project’s unit-mix, overall design, and amenities respond to the needs of the income-eligible populations, Provide a HUD-935.2B- Affirmative Fair Housing Marketing Plan indicating how the developer plans to market to groups least likely to apply, such as: minority populations, elderly, persons with disabilities and families with children. Demonstrate the capacity of the Development Team to obtain all necessary project financing. Demonstrate the capacity of the Development Team to implement a plan to administer the project which will meet the required Affordability Period. Demonstrate how the proposed project fits within the overall programing priorities of the Department’s 2023-2027 Consolidated Plan and 2023 Action Plan.
