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HomeMy WebLinkAboutHA35560 RFQ/RFP Property Management SvcsPALM DESERT HOUSING AUTHORITY STAFF REPORT REQUEST: AUTHORIZE THE ISSUANCE OF A REQUEST FOR QUALIFICATIONS/PROPOSALS FOR AFFORDABLE HOUSING COMPLIANCE/PROPERTY MANAGEMENT SERVICES FOR THE AUTHORITY OWNED RENTAL PROPERTIES SUBMITTED BY: Janet Moore, Director of Finance DATE: July 14, 2016 Recommendation By Minute Motion, that the Housing Authority Board, 1) Authorize staff to advertise and issue a Request for Qualifications/Proposals (RFQ/RFP) soliciting proposals from qualified licensed firms for affordable housing compliance/property management services for the Palm Desert Housing Authority ("Authority") owned properties; and 2) Appoint a Authority board member to participate in the review of the RFQ/RFQ submittals. Housing Commission Recommendation The Housing Commission will review this request at its regular meeting of July 13, 2016. Strategic Plan Objective: This request does not apply to a specific strategic plan goal. Executive Summary Approval of this request will allow Authority staff to solicit an RFQ/RFP from qualified licensed firms for affordable housing compliance/property management services for the Palm Desert Housing Authority owned restricted properties ("Properties"). Background The former agency acquired the initial seven hundred twenty-five (725) units in 1998. Since that time the former Agency/Authority has acquired or constructed approximately four hundred (400) more units. They consist of eight (8) multifamily and seven (7) senior properties. RPM Company currently manages the Authority's affordable housing property portfolio and has performed satisfactorily. Responsibilities will include the day-to-day operation of fifteen (15) affordable housing properties. Their duties will include, but not be limited to: compliance with affordable housing rules and requirements; respond to residents' concerns and complaints, enforcement of house rules and regulations, application of fair housing laws and enforcement of the Housing Staff Report RFQ/RFP — Affordable Housing Compliance and Property Management Services July 14, 2016 Page 2 of 2 Authority's Administrative Policies and Procedures, qualifying applicants and tenants annually for income certification; conducting credit, rental, employment, and criminal background checks, all leasing activities; monitor day-to-day maintenance of properties, any maintenance contracts, perform property and unit inspections; collect and disburse funds; provide monthly accounting reports that include receipts and expenditures; annual financial reporting/filings; occupancy reporting; and administration of funds ("Services"). All staff needed to accomplish these tasks will be employed by the firm. After the elimination of redevelopment, the Authority's resources are extremely limited and obtaining services and supplies at the lowest cost possible is imperative for the Authority. The Authority has a property operating budget of approximately $5.05 million dollars annually. The gross revenue from the properties fluctuate with changes in tenant incomes. Due to the unpredictability of gross revenues and other economic events, the RFQ/RFP will require the firm to have experience in operating properties on an annual budget from limited property revenues that must cover property costs and other other programs not within the management of the firm. Budget administration management of the properties is difficult and will become even more as the minimum wage/prevailing wage rates increase over the next several years as well as increasing utility costs. The management of the properties include administration, obtaining proposals for work under the Authority's purchasing procedures and public bids in some cases. Currently the Authority pays a management fee per month per door and although fees will be reviewed during the process, experience of the selected firm will be one of the key criteria in this decision. Any contract awarded from this RFQ/RFP would be effective as early as January 1, 2017. The initial term of the contract shall be for three years, with two one-year extensions at the discretion of the Authority. The contract can be terminated by mutual agreement or for unsatisfactory performance upon a 30-day written notice by either party. Staff recommends that the Authority Board authorize advertising and issuing the RFQ/RFP soliciting proposals from qualified licensed firms for affordable housing compliance/property management services for the Authority owned properties Fiscal Analysis oc BY HOUSG AUTH b-0 ow (7 W`-/ o2O/(c The fiscal impact is the cost of preparing the RFQ/RFP. VERIFIED BY:, ok Original on file with City C%rk"s Offic AVEs: C ber, mot e6e/. AIoLs. )\Jb/ ment Head: oore, Director of Finance Approval: McCarthy, Interi ` 'xecutive Director * Approved the recommendations with Authority Board Sabby Jonathan appointed to participate in the review of the RFQ/RFP submittals. 5-0