OTTAWA SEEKING HOUSING DEVELOPMENT PARTNERS FOR THE MIH GRANT OPPORTUNITY

Housing is a high priority in the City of Ottawa and the City is seeking developers, contractors, and investors to collaborate on an application to the Kansas Housing Resources Corporation (KHRC) for the Moderate Income Housing (MIH) grant and other potential resources to assist in the development of single-family homeowner-occupied housing in Ottawa. The City of Ottawa may choose to contribute its resources as leverage to MIH and other state incentives. The City of Ottawa intends to sponsor an application for funding in the November 2023 round of the Moderate Income Housing (MIH) program and planning efforts are under way. Moderate income households are those having incomes within the range of 60 to 150 percent of median household income as defined by the Federal Department of Housing and Urban Development (HUD) FY 2023 Income Limits. The MIH program provides valuable gap financing to help make these projects viable.

You will find more information about the MIH program below, including KHRC’s Request for Proposals and application requirements:

https://kshousingcorp.org/housing-partners/moderate-income-housing/

Project Qualifications

Qualifying partners and projects must have well developed plans for new owner-occupied housing on a site in Ottawa. Strong consideration will be given to projects and developers with these characteristics:

Developers with substantial prior experience in residential development and construction
Project plans with sufficiently detailed cost, revenue, and funding information necessary for a complete MIH grant application
Proof of site control
Projects that can be completed within 18 months from the date the grant is awarded.
The first round of grant awards is anticipated in January 2024.
Projects meeting other policy objectives, including the redevelopment and adaptive reuse of existing buildings and properties.

To partner in a successful application to KHRC, the developer must be prepared to provide project plans, share financial information relating to the project and its partners, and meet all relevant local and state building/fire/ADA codes and/or requirements. KHRC can provide valuable gap financing, but with safeguards to ensure compliance and oversight. Potential project partners must be prepared to be transparent with the City of Ottawa as the project sponsor and KHRC as a project partner.

Application Timeline

Interested parties should submit the attached application, including pages and schedule

a project review meeting before noon on September 29th.

The City of Ottawa must submit a Notice of Application to KHRC no later than October 25th,

2023. The final application deadline to KHRC is November 15th, 2023.

Submittal Requirements

For the project to be considered in the City of Ottawa’s MIH grant application, please provide a

written description to include:

Name and background of developer
Qualifications of Project Team
Proposed project (duplex, tri-plex, quad-plex, apartment building, single family; and quantity of dwellings)
Total development costs, including a cost breakdown of land, site improvements, public infrastructure, and buildings.
Sources of project funds and revenues
Explanation of need for gap funding
Time frame to complete the project.
Sections II, III, IV, V, VI, and IX of the attached Excel worksheet located at www.ottawaks.gov/public-notices.
Please also provide project plans including:
Site Plan, including at a minimum the placement of buildings, parking and circulation.
Floor plans preferred; written description of floor plans is acceptable.
Exterior building elevations preferred where applicable; renderings or written description exterior building design are acceptable.