Arizona Housing Fund RFQ

Arizona Housing Fund Request for Qualifications

Background

The Arizona Housing Fund is a dedicated and sustainable revenue source that grants funding to nonprofit agencies that build and operate Permanent Supportive, Low-Income and Working Poor Housing. Our equity grants will enable more housing units to be constructed, meeting the growing needs of our communities in Arizona with the goal of reducing the number of people experiencing homelessness.

Local Initiatives Support Corporation (LISC) Phoenix is a partner of the Arizona Housing Fund providing underwriting and other services to the fund. LISC Phoenix is collecting and processing this application. All communication about your application will come from a LISC Phoenix program officer.

Available Funding

There is currently $500,000 available in the fund. Funding is distributed on a first come, first served basis for mission-aligned projects.

Eligible Projects

The Arizona Housing Fund is intended for permanent supportive housing projects that serve the most vulnerable individuals and families earning up to 30% AMI.

RFQ Process

This Request for Qualifications (RFQ) is to prequalify developers so they will be ready to quickly apply for funding when a project opportunity arises. Additional project information will be collected separately to determine funding decisions.

Applicants are considered pre-qualified and do not need to complete this application if they meet all of the following criteria:

Are a non-profit affordable housing developer, owner or operator.
Have at least 5 years of experience managing and operating sustainable supportive housing.
Have received, in the previous 24 months, grant or loan funding from one of the following entities: LISC, the ACF Affordable Housing Pre-Development Fund, the Home Matters Arizona Fund, Arizona Department of Housing, or an Arizona county, municipality or IDA.
Be in good standing with that grantee and/or lender and current on loan payments, if applicable.

RFQs will be reviewed as they are received and this application will remain open as long as the Fund is in existence.

Please review the checklist of organizational, financial and project information documents that LISC may request later in the process.

You can navigate through the form without completing required answers. Use the links at the top or bottom of the form to save your application and return to it. Applications will not be reviewed until they are complete and submitted.

Questions

Contact infophx@lisc.org with questions about this application or grant requirements.

Begin Your Application

Click "NEXT PAGE" to begin the application.

Page 2: Applicant Information

Applicant

Legal name of developer

Formation date

Organization type

Mailing Address

Address

Address 2

City

State

Zip code

Primary Contact

First Name

Last Name

Email address

Phone Number

Page 3: Applicant Profile

Development Experience

How many years of experience do you have developing, owning or operating permanent supportive housing?

How many affordable housing developments have you completed with 5 or more units?

How many total units have you built?

How many total units of permanent supportive housing have you built?

Comprehensive Community Development Guiding Documents

How does you organization approach comprehensive community development?

It is a fundamental orientation for our organization.It is a focus of our work in certain geographies.It is not a focus of our work.

What method does your organization use to guide, monitor and assess your organization's comprehensive community development efforts?

A plan that describes a causal link between activities and intended long-term outcomes and defines indicators of success that our organization uses to assess progress.A vision statement that guides activities to achieve positive long-term outcomes. Other

Upload the plan.

Provide your vision statement.

Please explain.

Page 4: Upload Supporting Documents

Include the applicant name as the start of all file names. Accepted files types are .pdf, .doc, .docx, .xls, .xlsx.

Applicant Financial Information

Provide the most recent three years of audited financial statements.

Year 1 (most recent year)

Year 2

Year 3

Click "SUBMIT" to complete your application. You will not be able to edit the application after it has been submitted. A copy will be emailed to you at address you provided.