Idaho Housing and Finance Association Multifamily Rental Activities Application RFP
Idaho Housing and Finance AssociationState Housing Authority · BOISE, ID- Posted
- Apr 1, 2025
The 30-second brief
This document outlines the scoring criteria and minimum threshold requirements for multifamily rental activities applications submitted to the Idaho Housing and Finance Association (IHFA) for HOME and HTF funding.
Table of Contents, Application, Joint HOME and LIHTC project submission, Application received by deadline, Non-refundable Reservation Fee, CPA audited financial statements, Independent 3rd Party Capital Needs Assessment, Site Selection and Environmental Checklist, Language Access Plan, Section 3 and MBE/WBE Developer Plan, Operating Costs benchmarks, Market Study, Affirmatively Furthering Fair Housing (AFFH) Resolution, Fair Housing Requirements, CDBG Non-Entitlement area documentation or city's Analysis of Impediments, Evidence of experience and capacity, Evidence of site control, Green Building Design Standards or certifications, Request for Release of Information, Pro forma, Minimum Match Requirement, Subsidy Layering sheet, Funding Commitments, Project Narrative Description
Scoring Categories & Criteria (HOME Possible points are 100, HTF possible points are 100), TieBreaker, PROJECT VIABILITY (Total Investment per Total Number of Units, Project Reserves, Deferred Developer Fee, Project Viability/Combined Debt Service Coverage Ratio), LIHTC Project Fees, Loan Repayment, Additional HTF Units, Geographic Diversity, Project Based Rental Assistance, Nonprofit Ownership Structure, PROJECT IMPACT (Supportive Services Plan, Affirmatively Furthering Fair Housing Choice, Local Financial Support, Letters of Support, Special Needs Housing Populations), Match (HOME ONLY), Site Suitability / Zoning, Negative Points, Cancelled/Failed/Terminated Projects, Missing or Incomplete Documentation
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Summary
This document outlines the scoring criteria and minimum threshold requirements for multifamily rental activities applications submitted to the Idaho Housing and Finance Association (IHFA) for HOME and HTF funding.
EVALUATION CRITERIA
Scoring Categories & Criteria (HOME Possible points are 100, HTF possible points are 100), TieBreaker, PROJECT VIABILITY (Total Investment per Total Number of Units, Project Reserves, Deferred Developer Fee, Project Viability/Combined Debt Service Coverage Ratio), LIHTC Project Fees, Loan Repayment, Additional HTF Units, Geographic Diversity, Project Based Rental Assistance, Nonprofit Ownership Structure, PROJECT IMPACT (Supportive Services Plan, Affirmatively Furthering Fair Housing Choice, Local Financial Support, Letters of Support, Special Needs Housing Populations), Match (HOME ONLY), Site Suitability / Zoning, Negative Points, Cancelled/Failed/Terminated Projects, Missing or Incomplete Documentation
REQUIRED DELIVERABLES
24- Table of Contents
- Application
- Joint HOME and LIHTC project submission
- Application received by deadline
- Non-refundable Reservation Fee
- CPA audited financial statements
- Independent 3rd Party Capital Needs Assessment
- Site Selection and Environmental Checklist
- Language Access Plan
- Section 3 and MBE/WBE Developer Plan
- Operating Costs benchmarks
- Market Study
- Affirmatively Furthering Fair Housing (AFFH) Resolution
- Fair Housing Requirements
- CDBG Non-Entitlement area documentation or city's Analysis of Impediments
- Evidence of experience and capacity
- Evidence of site control
- Green Building Design Standards or certifications
- Request for Release of Information
- Pro forma
- Minimum Match Requirement
- Subsidy Layering sheet
- Funding Commitments
- Project Narrative Description
REQUIRED ATTACHMENTS
8- Exhibit H
- Exhibit R
- Exhibit M
- Exhibit L
- Exhibit V
- Exhibit X
- Exhibit P
- Exhibit W
- Scope location
- Idaho
Questions about this RFP
How do I respond to this RFP from Idaho Housing and Finance Association?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The solicitation specifies required deliverables that must be addressed in your response. Be sure to include all required attachments as outlined in the solicitation.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including Idaho Housing and Finance Association in ID, encourage participation from small businesses, minority-owned, women-owned, and disadvantaged business enterprises (MBE/WBE/DBE). Check the full solicitation for any small business participation goals.
What happens after the RFP submission deadline?
After the deadline, the issuing agency reviews all submissions against the stated evaluation criteria. This typically includes a compliance check, technical evaluation, cost analysis, and may involve oral presentations with shortlisted vendors.
What are the key deliverables?
The solicitation specifies the following deliverables: Table of Contents, Application, Joint HOME and LIHTC project submission, Application received by deadline, Non-refundable Reservation Fee, CPA audited financial statements, Independent 3rd Party Capital Needs Assessment, Site Selection and Environmental Checklist, Language Access Plan, Section 3 and. Proposals should clearly address how each deliverable will be met.
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What are the evaluation criteria for this solicitation?
This solicitation includes specific evaluation criteria that will be used to score proposals. The criteria include: "Scoring Categories & Criteria (HOME Possible points are 100, HTF possible points are 100), TieBreaker, PROJECT VIABILITY (Total Investment per Total Number of Units, Project Reserves, Deferred Develop..." Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from Idaho Housing and Finance Association?
All active and historical solicitations from Idaho Housing and Finance Association are tracked and searchable. As a state housing authority agency, Idaho Housing and Finance Association regularly publishes solicitations. Visit the agency profile to see current open bids, past contracts, vendor relationships, and decision-maker contacts.
What documents are required to bid on this RFP?
Requirements vary by solicitation, but common documents include a technical proposal, cost/price proposal, proof of insurance, relevant certifications, past performance references, and any forms specified in the solicitation. This solicitation specifically requires the following attachments: Exhibit H, Exhibit R, Exhibit M, Exhibit L, Exhibit V, Exhibit X, Exhibit P, Exhibit W. Review the full document from Idaho Housing and Finance Association for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Idaho. Review the full solicitation for detailed scope requirements.