GILBERT HOME AGREEMENT SCOPE OF WORK.PDF

MARICOPA COUNTY
HOME Investment Partnerships Program
FY 2017-2018
DUNS #:_142672570__
Consortium Member: Town of Gilbert, Arizona
Program Year: FY 2017-2018
Project: Acquisition and Rehabilitation of Rental Housing
FY 2017-2018 HOME Funds: $201,990
Type of Property: Single Family
A. DETAILED SCOPE OF WORK:
Include the following-
1. Consolidated Plan goals as it relates to this activity, include the priority rating i.e. High, Low
To purchase and rehabilitate one (1) new permanent affordable rental home in Gilbert. A
contracting agency will utilize HOME funds to use towards the purchase and minor
rehabilitation of one home to be rented for income eligible Gilbert residents. Gilbert currently
has (14) permanent affordable rental homes. This is a high priority goal in Gilbert’s consolidated
plan.
2. Type of assistance/activity to be provided with HOME funds: Acquisition and Rehabilitation of
Rental Housing
Creation of permanent affordable rental homes
3. Methods and instruments used for ensuring affordability: Recapture provision. The HOME
funds will be secured by a Deed of Trust and Promissory Note.
The Town of Gilbert utilizes a recapture provision which will be paid in full if the unit is
determined to be no longer eligible. Funds will be determined based on the entire amount of
HOME subsidy that was originally used to purchase and rehabilitate the unit. All units are
secured by a Deed of Trust and Promissory Note.
4. Anticipated use of program income/project proceeds:
None.

B. OBJECTIVES AND OUTCOMES (Check appropriate box below.):
OUTCOMES
AVAILABILITY/
AFFORDABILITY SUSTAINABILITY
ACCESSIBILITY
Homebuyer Activities,
Single Family Acquisition/Rehab of rental housing,
DECENT Housing Rehab and Acquisition/New Construction of rental Housing Activities in a
HOUSING Emergency Rehab, housing, Preservation of existing public targeted revitalization
Homebuyer housing units and TBRA, Expansion of area
Assistance assisted rental units in the private
marketplace
C. LOGIC MODEL: PERFORMANCE INDICATORS:
INPUTS/RESOURCES ACTIVITIES OUTPUTS OUTCOMES IMPACT
In order to accomplish In order to address Once completed, When Long term
proposed activities, the the issue, the these activities will completed, these changes:
subrecipient will need the subrecipient will produce the activities will lead
following: conduct the following: to the following
following activities: changes:
HOME funding Purchase and Expand affordable Low to moderate Stable
rehabilitate one housing opportunities income families neighborhoods
single family unit have safe and
home for low to decent housing
moderate income
renters
D. PROPOSED BENEFICIARIES:
Targeted Population by Number of Total Number Number of
Income Level Households of Units HOME Assisted
Units in program
(if rental)
Households at or below 50%
Households at or below 60% 1 1 1
Households at or below 80%
TOTAL 1 1 1

E. PRIORITY POPULATIONS:
Complete the table below only if the Activity will specifically set-aside units for a priority population.
Set-asides will be enforced through contract provisions.
Priority Populations No. of Units
Elderly
Physically Disabled
Other Priority
Populations: Veterans
F. PERFORMANCE REPORTING GOALS-TIMELINE OF ACTIVITIES:
COMPLETION
MILESTONES
DATE
HOME Contract signed by City Council
October 19, 2017
Market Study
November 2017
Underwriting
November 2017
Secure Financing
November 2017
Environmental Review
January 2018
Obtain Site Control
March 2018
Developer Selected and Signed Development Contract
October 2017
Home Set up Report to County
May 2018
Acquisition and/or Rehab and/or Construction to
commence
July 2018
Rehab complete or Certificate of Occupancy
September 2018
Unit Occupied by Low/Moderate Income Person/Family
November 2018
Completion Report submitted to City
December 2018
Any change to the Timeline will need to be submitted to and approved by Maricopa County.

G. ACTIVITY BUDGET SUMMARY:
ACTIVITIES HOME Additional Sources* TOTAL
FUNDS (defined in COST
FY 2017-2018 Table H.)
ACQUISITION
Land
Buildings $179,490 $50,500 (MATCH) $229,990
Closing Costs
Legal Fees
TOTAL
SITE & DEMOLITION
Site Work
Demolition
TOTAL
Construction Costs-Materials $12,500 $12,500
Builder Overhead
Builder Profit $10,000 $10,000
General Requirements
Consultant/Specialist
Permits & Fees
Construction Contingency
Sales Tax
Other-Infrastructure
TOTAL
ARCHITECTURAL FEES
Design
Supervision
Other
TOTAL
CONSTRUCTION INTEREST & FEES & LEGAL FEES
Construction Interest
Bond Premium
Title & recording
Insurance
Legal Fees
Other
TOTAL
ADMINISTRATION COSTS
Program Delivery-
Personnel Costs
Volunteer Labor
GRAND TOTAL $201,990 $50,500 (MATCH) $252,490

H. SOURCE AND AMOUNT OF OTHER RESOURCES:
VOLUNTEER/
FUNDING AGENCY CASH AMOUNT
IN-KIND AMOUNT
Affordable Rental Movement of Save the Family $50,500
I. MATCH:
IDENTIFY MATCH SOURCES AND AMOUNTS THAT HAVE BEEN COMMITTED TO
THE PROJECT:
Match commitment must equal 25% of the HOME funds requested.
Documentation is due at the time of request for payment(s).
Match Logs must be submitted annually by June 30th of each year.
SOURCE/FUNDING
TYPE TOTAL
AGENCY
Cash or cash equivalents from a
non-federal source
Value of waived taxes, fees or Affordable Rental
charges associated with HOME Movement of Save the 16,000
projects Family
Value of donated land or real STF Headquarters
34,500
property donated space
Cost of infrastructure
improvements associated with
HOME projects
Percentage of proceeds from
single- or multi-family state
housing bonds
Value of donated materials,
equipment, labor and professional
services
Sweat equity
TOTALS $50,500