FLORIDA HOUSING FINANCE CORPORATION
RFA 2015-115 Multifamily Energy Retrofit Program (MERP)
This Request for Applications (RFA) is soliciting Applications from qualified Applicants that commit to make retrofit improvements to qualified multifamily rental Developments that result in measurable energy savings and water conservation; to provide ongoing property management, staff education, and resident outreach to maximize the benefits of the retrofit; and to submit reports on energy use/savings. The Corporation will develop the retrofit scope of work in consultation with the Applicant using an Energy Audit/Critical Repair Needs Analysis (CRNA) prepared by a Qualified Energy Auditor previously procured by the Corporation.
This RFA will make available up to $7,533,084 in Multifamily Energy Retrofit Program (MERP) loans to property owners proposing the retrofit of existing multifamily rental developments that meet all of the following conditions: (i) the Development consists of at least 15 units; (ii) the Development currently is subject to a Corporation Land Use Restriction Agreement, Extended Use Agreement, and/or other non-Corporation development specific restriction agreement with income set-asides; (iii) the Development will commit at least 70 percent of the total units to households with incomes at or below 80 percent of Area Median Income (AMI); and (iv) the Development was originally Completed prior to January 1, 2005.
The maximum available funding amount of $15,000 per unit or $2,500,000, whichever is less, may be awarded to any single Development. MERP funding may be used for the following improvements:
•Air infiltration (e.g., envelope sealing, duct sealing, weather stripping);
•Replacement of appliances with Energy Star qualified appliances, lighting, faucets/showerheads, HVAC systems, programmable thermostats, boilers/water heaters, insulation, window film, high efficiency windows; and
•Other building improvements which will result in reduced energy and/or water consumption.
Applications shall be accepted until 11:00 a.m., Eastern Time, on Friday, November 13, 2015, and sent 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 RFA, which outlines selection criteria and Applicant’s responsibilities, can be downloaded from the Florida Housing Finance Corporation website at http://www.floridahousing.org/Developers/MultiFamilyPrograms/Competitive/2015-115/.
Any modifications that occur to the Request for Applications will be posted at the web site 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.