Florida Housing Finance Corporation, Departmental  

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    FLORIDA HOUSING FINANCE CORPORATION

    RFA 2014-102 - Financing To Develop Permanent Supportive Housing For High Needs/High Cost Individuals Who Are Chronically Homeless

    Florida Housing Finance Corporation (the Corporation) was appropriated $10 million by the 2012 Legislature to finance the development of affordable, sustainable and permanent housing for special needs and extremely low income households, as defined in Section 420.0004, Florida Statutes. The legislation specifies that the Corporation will offer the funding through a competitive Request for Proposals (RFP) to non-profit housing developers specializing in housing for these individuals.

    A focus of the funding is to finance permanent supportive housing that will facilitate a community’s efforts to effectively identify, assess and serve one of its most vulnerable populations, as well as enable the execution of accompanying cost benefits studies to evaluate the effectiveness of permanent supportive housing for chronically homeless persons. The Corporation and our partner state agencies are pursuing a pilot to develop permanent supportive housing targeted to High Needs/High Cost populations that incorporates a state-specific analysis to evaluate whether cost savings at the local, state and federal level are possible with this model in Florida.

    To assist with the pilot, this RFP will provide forgivable loans to finance one or more developments targeting High Needs/High Cost populations with disabilities and frail elders who are Chronically Homeless on the street, or are, as a result of their homelessness, living in a more restrictive residential care or institutional setting than they need or desire. Applicants must be part of a broader, community partnership and incorporate a multi-year study evaluating the ability of this housing linked with services to reduce public expenditures and improve personal outcomes for these residents.

    Applications shall be accepted until 11:00 a.m., Eastern Time, on Friday, February 14, 2014, and shall be delivered to the attention of Ken Reecy, Florida Housing Finance Corporation, 227 North Bronough Street, Suite 5000, Tallahassee, Florida 32301-1329. For questions or additional information, please contact Ken Reecy at Ken.Reecy@floridahousing.org. The RFP, which outlines selection criteria and Applicant’s responsibilities, can be downloaded from the Florida Housing Finance Corporation website at http://www.floridahousing.org/BusinessAndLegal/Solicitations/RequestForApplications/2014-102.

    Any modifications that occur to the Request for Proposals will be posted at the website and may result in an extension of the deadline. It is the responsibility of the Applicant to check the website for any modifications prior to the deadline date.

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