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HomeMy WebLinkAboutP-23-199 ECONorthwest.pdf DocuSign Envelope ID:BB3BFBIB-DB66-4D6F•BDBF-OE6BBOF66719 Co County of Fresno INTERNAL SERVICES DEPARTMENT Facilities•Fleet•Graphics•Purchasing• Security•Technology O� 85 O ORES PROCUREMENT AGREEMENT Agreement Number P-23-199 May 23, 2023 ECONorthwest 222 SW Columbia Street, Ste 1600 Portland, OR 97201 The County of Fresno(County) hereby contracts with ECONorthwest(Contractor)to provide Consultant Services for Housing Trust Services in accordance with the text of this agreement, Attachment"A", Public Works and Planning Request for Qualification No, PWP 23-010 and the attached contractors response to Public Works and Planning Request for Qualification No. PWP 23-010 by this reference made a part hereof. ECONorthwest shall have the right to utilize the Work Product for business development purposes and in its brochures or other literature that it may utilize for its sales and marketing. TERM This Agreement shall become effective upon execution and shall remain in effect through April 30, 2026. EXTENSION: This Agreement may be extended for two (2) additional one (1) year periods by the mutual written consent of all parties. MINIMUM ORDERS: Unless stated otherwise there shall be no minimum order quantity The County reserves the right to increase or decrease orders or quantities. CONTRACTOR'S SERVICES: Contractor shall perform the services as described in Attachment"A" attached, at the rates set forth in Attachment"A" ORDERS: Orders will be placed on an as-needed basis by Public Works and Planning under this contract. PRICES: Prices shall be firm for the contract period. MAXIMUM. In no event shall services performed and/or fees paid under this Agreement be in excess of Seventy-Four Thousand and 00/100 dollars ($74,000.00) ADDITIONAL ITEMS: The County reserves the right to negotiate additional items to this Agreement as deemed necessary. Such additions shall be made in writing and signed by both parties. DELIVERY: The F.O.B. Point shall be the destination within the County of Fresno. All orders shall be delivered complete as specified. All orders placed before Agreement expiration shall be honored under the terms and conditions of this Agreement. DEFAULT: In case of default by Contractor, the County may procure the articles/services from another source and may recover the loss occasioned thereby from any unpaid balance due the Contractor or by any 333 W. Pontiac Way, Clovis, CA 93612 / (559) 600-7110 The County of Fresno is an Equal Employment Opportunity Employer' DocuSign Envelope ID: BB3BFBIB-DB66-4D6F-BDBF-OE6BBOF66719 PROCUREMENT AGREEMENT NUMBER: P-23-199 Page 2 ECONorthwest May 23, 2023 other legal means available to the County. The prices paid by County shall be considered the prevailing market price at the time such purchase is made. Inspection of deliveries or offers for delivery, which do not meet specifications, will be at the expense of Contractor. INVOICING: An itemized invoice shall be sent to requesting County department in accordance with invoicing instructions included in each order referencing this Agreement. The Agreement number must appear on all shipping documents and invoices. Invoice terms shall be Net 45 Days INVOICE TERMS: Net forty-five(45)days from the receipt of invoice. TERMINATION. The County reserves the right to terminate this Agreement upon thirty (30)days written notice to the Contractor. In the event of such termination, the Contractor shall be paid for satisfactory services or supplies provided to the date of termination. LAWS AND REGULATIONS: The Contractor shall comply with all laws, rules and regulations whether they be Federal, State or municipal, which may be applicable to Contractor's business, equipment and personnel engaged in service covered by this Agreement. AUDITS AND RETENTION: Terms and conditions set forth in the agreement associated with the purchased goods are incorporated herein by reference. In addition, the Contractor shall maintain in good and legible condition all books, documents, papers, data files and other records related to its performance under this contract. Such records shall be complete and available to Fresno County, the State of California, the federal government or their duly authorized representatives for the purpose of audit, examination, or copying during the term of the contract and for a period of at least three years following the County's final payment under the contract or until conclusion of any pending matter(e.g., litigation or audit), whichever is later. Such records must be retained in the manner described above until all pending matters are closed. LIABILITY: The Contractor agrees to: Pay all claims for damage to property in any manner arising from Contractor's operations under this Agreement. Indemnify, save and hold harmless, and at County's request defend the County, its officers, agents and employees from any and all claims for damage or other liability, including costs, expenses (including attorney's fees and costs), causes of action, claims or judgments resulting out of or in any way connected with Contractor's performance or failure to perform by Contractor, its agents, officers or employees under this Agreement, and from any and all costs and expenses (including attorney's fees and costs), damages, liabilities, claims, and losses occurring or resulting to any person, firm or corporation who may be injured or damaged by the performance, or failure to perform, of Contractor, its officers, agents, or employees under this Agreement. INSURANCE. Without limiting the COUNTY's right to obtain indemnification from CONTRACTOR or any third parties, CONTRACTOR, at its sole expense, shall maintain in full force and effect, the following insurance policies or a program of self-insurance, including but not limited to, an insurance pooling arrangement or Joint Powers Agreement (JPA) throughout the term of the Agreement: A. Commercial General Liability Commercial General Liability Insurance with limits of not less than One Million Dollars ($1,000,000.00) per occurrence and an annual aggregate of Two Million Dollars ($2,000,000.00). This policy shall be issued on a per occurrence basis. County may require specific coverage including completed operations, product liability, contractual liability, Explosion-Col lapse- Underground, fire legal liability or any other liability insurance deemed necessary because of the nature of the contract. B. Automobile Liability: Comprehensive Automobile Liability Insurance with limits of not less than One Million Dollars ($1,000,000.00) per accident for bodily injury and for property damages. Coverage should include any auto used in connection with this Agreement. P-23-199 HCONorthwest.docx DocuSfgn Envelope ID:B83BFB1B-DB66-4D6F-BDBF-OE6BBOF66719 PROCUREMENT AGREEMENT NUMBER: P-23-199 Page 3 ECONorthwest May 23, 2023 C. Professional Liability: If Contractor employs licensed professional staff, (e.g., Ph.D., R.N., L.C.S.W., M.F.C.C.) in providing services, Professional Liability Insurance with limits of not less than One Million Dollars($1,000,000.00) per occurrence, Three Million Dollars ($3,000,000.00)annual aggregate. D. Worker's Compensation: A policy of Worker's Compensation insurance as may be required by the California Labor Code. Additional Requirements Relating to Insurance. Contractor shall obtain endorsements to the Commercial General Liability insurance naming the County of Fresno, its officers, agents, and employees, individually and collectively, as additional insured, but only insofar as the operations under this Agreement are concerned. Such coverage for additional insured shall apply as primary insurance and any other insurance, or self-insurance, maintained by County, its officers, agents and employees shall be excess only and not contributing with insurance provided under Contractor's policies herein. This insurance shall not be cancelled or changed without a minimum of thirty (30) days advance written notice given to County. Contractor hereby waives its right to recover from County, its officers, agents, and employees any amounts paid by the policy of worker's compensation insurance required by this Agreement Contractor is solely responsible to obtain any endorsement to such policy that may be necessary to accomplish such waiver of subrogation, but Contractor's waiver of subrogation under this paragraph is effective whether or not Contractor obtains such an endorsement. Within Thirty (30)days from the date Contractor signs and executes this Agreement, Contractor shall provide certificates of insurance and endorsement as stated above for all of the foregoing policies, as required herein, to the County of Fresno, PWContractspfresnocountyca.gov , stating that such insurance coverage have been obtained and are in full force. that the County of Fresno, its officers, agents and employees will not be responsible for any premiums on the policies; that such Commercial General Liability insurance names the County of Fresno, its officers, agents and employees, individually and collectively, as additional insured, but only insofar as the operations under this Agreement are concerned; that such coverage for additional insured shall apply as primary insurance and any other insurance, or self-insurance, maintained by County, its officers, agents and employees, shall be excess only and not contributing with insurance provided under Contractor's policies herein; and that this insurance shall not be cancelled or changed without a minirnum of thirty (30) days advance, written notice given to County. Certificates of Insurance are to include the contract number at the top of the first page. In the event Contractor fails to keep in effect at all times insurance coverage as herein provided, the County may, in addition to other remedies it may have, suspend or terminate this Agreement upon the occurrence of such event. All policies shall be with admitted insurers licensed to do business in the State of California. Insurance purchased shall be purchased from companies possessing a current A M. Best, Inc. rating of A FSC VII or better. COMING ON COUNTY PROPERTY TO DO WORK: Contractor agrees to provide maintain and furnish proof of Comprehensive General Liability Insurance with limits of not less than $500,000 per occurrence. INDEPENDENT CONTRACTOR. In performance of the work, duties and obligations assumed by Contractor under this Agreement, it is mutually understood and agreed that Contractor, including any and all of Contractor's officers, agents, and employees will at all times be acting and performing as an independent contractor, and shall act in an independent capacity and not as an officer, agent, servant, employee, joint venturer, partner, or associate of the County. Furthermore, County shall have no right to control or supervise or direct the manner or method by which Contractor shall perform its work and function. However, County shall retain the right to administer this Agreement so as to verify that Contractor is performing its obligations in accordance with the terms and conditions thereof. Contractor and County shall comply with all applicable provisions of law and the rules and regulations, if any, of governmental authorities having jurisdiction over matters the subject thereof. P-23-199 ECVNorthwest.docx DocuSign Envelope ID:BB3BFBIB-DB66-4D6F-BDBF-OE6BBOF66719 PROCUREMENT AGREEMENT NUMBER: P-23-199 Page 4 ECONorthwest May 23, 2023 Because of its status as an independent contractor, Contractor shall have absolutely no right to employment rights and benefits available to County employees. Contractor shall be solely liable and responsible for providing to. or on behalf of, its employees all legally required employee benefits. In addition, Contractor shall be solely responsible and save County harmless from all matters relating to payment of Contractor's employees, including compliance with Social Security, withholding, and all other regulations governing such matters. It is acknowledged that during the term of this Agreement, Contractor may be providing services to others unrelated to the County or to this Agreement. NON-ASSIGNMENT: Neither party shall assign, transfer or sub-contract this Agreement nor their rights or duties under this Agreement without the written consent of the other party. AMENDMENTS: This Agreement constitutes the entire Agreement between the Contractor and the County with respect to the subject matter hereof and supersedes all previous negotiations, proposals, commitments, writings, advertisements, publications, Request for Proposals, Bids and understandings of any nature whatsoever unless expressly included in this Agreement. This Agreement supersedes any and all terms set forth in Contractor's invoice. This Agreement may be amended only by written addendum signed by both parties. INCONSISTENCIES: In the event of any inconsistency in interpreting the documents which constitute this Agreement, the inconsistency shall be resolved by giving precedence in the following order of priority. (1) the text of this Agreement (excluding Attachment "A", County's Request for Qualifications No. PWP 23-010 and the Contractor's Proposal in response thereto); (2)Attachment"A"; (3)the County's Request for Qualifications No. PWP 23-010 and(4)the Contractor's quotation made in response to Public Works and Planning Request for Qualifications No. PWP 23-010. GOVERNING LAWS: This Agreement shall be construed, interpreted and enforced under the laws of the State of California. Venue for any action shall only be in County of Fresno. ELECTRONIC SIGNATURES: The parties agree that this Agreement may be executed by electronic signature as provided in this section. A An "electronic signature" means any symbol or process intended by an individual signing this Agreement to represent their signature, including but not limited to(1) a digital signature, (2) a faxed version of an original handwritten signature; or(3) an electronically scanned and transmitted (for example by PDF document) of a handwritten signature_ B. Each electronic signature affixed or attached to this Agreement (1) is deemed equivalent to a valid original handwritten signature of the person signing this Agreement for all purposes, including but not limited to evidentiary proof in any administrative or judicial proceeding, and (2) has the same force and effect as the valid original handwritten signature of that person. C. The provisions of this section satisfy the requirements of Civil Code section 1633.5, subdivision (b), in the Uniform Electronic Transaction Act (Civil Code, Division 3, Part 2, Title 2.5, beginning with section 1633.1). D. Each party using a digital signature represents that it has undertaken and satisfied the requirements of Government Code section 16.5, subdivision (a), paragraphs (1) through (5), and agrees that each other party may rely upon that representation. This Agreement is not conditioned upon the parties conducting the transactions under it by electronic means and either party may sign this Agreement with an original handwritten signature Please acknowledge your acceptance by returning all pages of this Agreement to my office via email or USPS. Please refer any inquiries in this matter to Yvette Jamison, Purchasing Technician, at 559-600-7116 or iamisy[N.fresnocountyca.gov . P-23-199 ECONorthwest.docx DocuSign Envelope ID: BB3BFBIB-DB66-4D6F-BDBF-OE6BBOF66719 PROCUREMENT AGREEMENT NUMBER: P-23-199 Page 5 ECONorthwest May 23, 2023 FOR THE COUNTY OF FRESNO Digitally signed by Gary Cornuelle Gary C O rn U e I I e Date:2023.05.24 09:45:59-07'00' Gary E. Cornuelle Purchasing Manager 333 W. Pontiac Way Clovis, CA 93612 GEC:YJ P-23-199 ECONorthwest.docx DocuSign Envelope ID:BB3BFBIB-DB66-4D6F-6D6F-0E6BB0F66719 PROCUREMENT AGREEMENT NUMBER: P-23-199 Page 6 ECONorthwest May 23, 2023 CONTRACTOR TO COMPLETE: Company: Economic Consultants Oregon Ltd. dba ECONorthwest Type of Entity: ❑ Individual ❑ Limited Liability Company ❑ Sole Proprietorship ❑, Limited Liability Partnership ❑ XX Corporation ❑ General Partnership 222 SW Columbia Street, # 1600 Portland OR 97201 Address City State Zip 503-222-6060 contracts@econw.com TELEPHONE NUMBER FAX NUMBER E-MAIL ADDRESS Print Name& Tyler Bump Partner Title: Print Name&Title: DocuSigned by: Signature: (41t r b,ua,p Signature: 0 E86807BE914FA.. ACCOUNTING USE ONLY ORG No.: 55122025 Account No.: 7295 Requisition No.: 5512300007 (0812022) P-23-199 ECONorthwest.docx DocuSlgn Envelope ID: BB3BFBIB-DB66-4D6F-BDBF-OE6BBOF66719 Attachment "A" Contractor's Response to County of Fresno Request for Qualifications No. PWP23-010 P-23-199 ECONorthwcscdocx DocuSign Envelope ID. BB3BFBIB-OB66-4D6F-BOBF-OE6BBOF66719 Request For Qualifications County of Fresno Number: PWP23-010 For Consultant Services For Housing Trust Services Date Released: March 14, 2023 Statement of Qualifications (SOQs) Due prior to: 4.00 PM, Monday, April 3, 2023 Pacific SOQs will be received at: https://www.bidexpress.com/businesses/36473/honie Inquiries and Requests For Clarification (RFCs): Due: 12:00 PM (Noon), Monday, March 27, 2023 Pacific https://www.co.fresno.ca.us/departments/public-works-planning/request-for-proposals Sign up for updates and addenda: https://www.co.fresno.ca.us/departments/public-works-planning/request-for-proposals CO 1856 Department of Public Works and Planning RA DocuSign Envelope ID:BB3BFB1B-D666-4D6F-BD8F-0E6BB0F66719 Request for Proposal PWP23-010 Housing Trust Services Page 1 of 8 Contents 1. Project Overview ....................................................................................................... 1 2. Background Information ............................................................................................ 1 3. Anticipated Schedule................................................................................................. 5 4. Services Required ..................................................................................................... 5 5. Services Performed by the County............................................................................ 5 6. RFP Submittal Requirements .................................................... 7. Evaluation.................................................................................................................. 7 8. Fee Determination ..................................................................................................... 7 Attachments Attachment A: Consultant Evaluation Sheet Attachment B: Fresno County LEAP Application 1. Project Overview Fresno County Department of Public Works and Planning (Department) is seeking a qualified consultant to perform a feasibility study of the creation of an affordable housing trust fund (AHTF) and the option to create the documents necessary for the formation of a AHTF in the County of Fresno. It is the intent of the County to enter into an agreement with one consulting company to exclusively provide the professional services as described herein for a one-time service. However, the County reserves the right, at its sole discretion, to terminate this RFP process or negotiations with a selected company and begin a new RFP process. Nothing herein, or in the process, shall be construed as having obligated the County to pay for any expenses incurred by respondents to this RFP, or to the selected company prior to Board of Supervisor approval of an Agreement. 2. Background Information County of Fresno The County of Fresno was formed in 1856 encompassing 6,011 square miles, with a population of 1,018,241 residents (reported from the Department of Finance in January 2019). The County is located in the San Joaquin Valley of California located north of Bakersfield and south of Sacramento. The original county seat was located in the town of Millerton along the San Joaquin River, which was later moved to the City of Fresno due to DocuSign Envelope ID:BB38FBI8-DB66-4D6F-BDBF-OEGBBOF66719 Request for Proposal PWP23-010 Housing Trust Services Page 2 of 8 continued flooding at the river site. County of Fresno government is defined and authorized under the California Constitution, law, and the Charter of the County of Fresno, and provides countywide services, including elections, voter registration, law enforcements, jails, vital records, property records, tax collection, public health and social services. In addition, the County serves as the local government for all unincorporated areas. Project Background The creation of a study that would assist an agency to create a housing trust (local or regional) that would leverage funds to assist in the building of additional affordable housing units. The study would research the different types of trust that can be created, the advantages and disadvantages of each type of trust and identify potential agencies and partners. Additionally, the study would determine if the trust should be a local trust for the unincorporated portion of the County of Fresno a Countywide trust or a Central Valley trust encompassing several counties. The Affordable Housing Trust Feasibility Study is funded by a LEAP grant awarded to the County. The total costs shall not exceed the grant total of $95,000. Additional information is outlined in the Fresno County LEAP Application (Attachment B). Project Approach The deliverables of the feasibility study shall include an analysis of the following: Task 1: Affordable Housing Trust Analysis • Analyze different types of housing trusts along include the pros and cons of each o County of Fresno only County of Fresno and its cities o Regional Trust of one or several counties • Best trust recommendations for the County and justifications c) Experience and skills necessary to manage the trust o Type of entity to manage the trust ■ Existing Agency ■ New Agency ■ Nonprofit • CDFI DocuSign Envelope ID: BB3BFBIB-DB66-4D6F-BDBF-OE6BBOF66719 Request for Proposal PWP23-010 Housing Trust Services Page 3 of 8 o Identify agencies and/or parties interested and/or able to administer the AHTF Task 2: Prospective Partners and Stakeholders • Assessed desire from nearby cities/counties to join the trust • Conduct meetings with potential partners to explain the proposals and build consensus Task 3: Funding Sources and Sustainability • Analysis and Recommendations of funding sources for sustainability u Membership fee c Grants Loan fees and interest • Implementation Plan o Creation of an implementation plan Task 4: Implementation Plan Documents (Optional) • Develop the required documents necessary for the creation/incorporation of the AHTF. o Article o Bylaw o Board Structure o Prepare policy and procedures • Administration ■ Membership ■ Lending ■ Grants The County expects this project to be completed in approximately three months. The study should be completed by the end of April to mid-May with documents to be received by the County in May with a one-to-two-week time allowed to review. The feasibility study is due June 2023 and if selected the implementation documents are to be finalized by July 15, 2023. Scope of Work DocuSign Envelope ID.BB3BFB16-DB66-4D6F-BDBF-DE6BBOF66719 Request for Proposal PWP23-010 Housing Trust Services Page 4 of 8 Consultants are encouraged to present suggested modifications to the scope of their proposals to meet the goals and objectives of the RFP. The scope of work includes.- A. Project Management a. Project Kick-Off Meeting: Meet with County staff to identify milestones, refine the scope of work, confirm timeline, clarify specific roles and responsibility, and identify project resources. Meetings can be conducted via Teams or Zoom. b. Management Tools: Identify tools and methods that will be used to keep the project moving on time and within budget. Consultant should anticipate meetings with County staff throughout the project, including regular conference calls and in person or virtual group meetings at key milestones. B. Meetings a. Plan for biweekly meetings with County staff to review locations, site concepts and coordinate ideas b. Final project presentation meeting Requested Consultant Services A. Preferred Consultants: a. The County does not have a preferred consultant for this project but reserves the right to select either a team, managed by a lead consultant, or to select individual consultants to provide the different deliverables of the feasibility study. B. Roles: a. County staff will coordinate with the consultant on all work products. C. Expertise a. This RFP was provided to consulting firms with specific skills to accomplish one or more deliverables. The most competitive consultant will be made up of a multi-disciplinary team with the expertise is to prepare a Housing Trust. D. Required Meetings a. Project Kick-off Meeting b. Biweekly check-in Meetings c. Final Project Presentation DocuSign Envelope ID:BB3BF818-DB66-4D6F-BDBF-0E6BBOF66719 Request for Proposal PWP23-010 Housing Trust Services Page 5 of 8 3. Anticipated Schedule The tentative project delivery schedule is as follows: • Inquiry Submittal deadline March 27, 2023, 4:00 P.M. • Proposal due from Consultant: April 3, 2023, 12:00 P.M. (Noon) • Notice of approval/fee negotiation: Week of April 3, 2023 • Executed agreement: Week of April 10, 2023 • Completion and submittal Task #1: May 1, 2023 • Completion and submittal Task #2: May 8, 2023 • Completion and submittal Task #3: May 22, 2023 • Completion and submittal Task #4 (Optional): June 12, 2023 • Completion and final submittal: June 15, 2023 4. Services Required The Consultant shall propose a schedule for the completion of the identified deliverables in accordance with the programing for the project. The Consultant is encouraged to identify any factors that will or may affect the completion of the project and to discuss the means, if any, of minimizing their impact on the schedule. The fee proposal shall be prepared to match the tasks listed in the Consultant's proposed project schedule. All invoices for work performed under this RFP must reference the mini-RFP number listed above and, in the case of multiple Tasks, the Task Number(s) for the invoiced work. 5. Services Performed by the County Services performed by the County shall include, but are not necessarily limited to, hiring consultant, reviewing feasibility study and possible housing trust documents, providing feedback, accepting documents, conducting outreach as deemed necessary, and project tracking and reporting. DocuSign Envelope ID BB3BFBIB-DB66-4D6F-BDBF-OE6BBOF66719 Request for Proposal PWP23-010 Housing Trust Services Page 6 of 8 6. RFP Submittal Requirements The Department will review each Proposal to determine the competence and qualifications of the company. Please provide the listed information in the following sequence: 1. Company name, address, phone number, and email address 2. Type of organization (sole-proprietorship, partnership, or corporation) 3. A list of names containing: the majority owner(s), any employees promoting the contract, and any employees responsible for the proposal (SB 1439) 4. Agreement Statement. The proposing Consultant shall disclose any issues or needed changes to the proposed contract agreement included as Attachment D Sample Agreement. The Consultant shall provide a brief statement affirming that the proposal terms shall remain in effect for ninety (90) days following the date proposal submittals are due. 5. Company principals who will be responsible for the agreement, and their educational background, credentials and experience 6. Company qualifications to perform the work. 7. List the name, phone number, and email address of at least four additional client references Do not submit more information than requested in this RFP. Instructions Register with the Bid Express service in order to submit your proposal on the Bid Express website. This service is FREE to submit a proposal for Fresno County (the County has paid a fee to Bid Express for this service, so no fees should be charged to you). To access the solicitation for free, do not use the "Start your subscription" button, but choose "I will pay as I go for now." A Digital ID is not required in order to use this service (electronic signature is selected by default and either "electronic signature" or "Digital ID" is acceptable). Where attachments are requested, each requested document must consist of a separate file with a maximum of 10MB per file. Additional file upload fields are provided, each of which has a 10 MB limit which may be used for larger documents. Example: If a requested DocuSign Envelope ID:BB3BFBIB-DB66-4D6F-BDBF-OE6BBOF66719 Request for Proposal PWP23-010 Housing Trust Services Page 7 of 8 document is 15 MB, split the document into 2 files with filenames of Filename-1 of 2.pdf and Filename-2 of2.pdf and attach File name-1of2.pdf in the usual file upload field and upload Filename-2of-2.pdf under "Additional Documents (Use if needed)." 7. Evaluation Department staff will evaluate the provided RFPs and Fee Schedules and make a recommendation to the Fresno County Purchasing Manager on the selection of the consulting company. The Department will assess each Request for Proposal based upon the criteria contained in Attachment A. The County reserves the right to conduct a background inquiry of each proposer which may include collection of appropriate background history information, contractual and business associations and practices, employment histories and reputation in the business community. By submitting a RFP to the County, the proposer consents to such an inquiry and agrees to make available to the County such books and records the County deems necessary to conduct the inquiry. 8. Fee Determination The term of the Agreement will be a one-time service. Maximum total fee will be based upon Fee Schedule submitted with bid and the anticipated services. Total fees paid to the consulting company will be dependent upon the work authorized and the Fee Schedule provided. No guarantee is made that the total fee or any fee will be received by the consulting company. DocuSign Envelope ID:13836FB1B-DB664D6F-BDBF-0E6BB0F66719 CO U� CoRp _1y of Fresno O 1856 O DEPARTMENT OF PUBLIC WORKS AND PLANNING 4Rf,tos' STEVEN E. WHITE, DIRECTOR March 22, 2023 ADDENDUM NO. 1 to RFQ# PWP23-010 Consultant Services For Housing Trust Services 6. RFP Submittal Requirements DELETE: 4. Agreement Statement. The proposing Consultant shall disclose any issues or needed changes to the proposed contract agreement included as Attachment D Sample Agreement. The Consultant shall provide a brief statement affirming that the proposal terms shall remain in effect for ninety (90) days following the date proposal submittals are due. Questions and Answers 1. Could you please provide some more instructions on how to submit a bid via Bid Express? The page for Fresno County shows there are currently no active solicitations from the County. Is there somewhere else on that page where firms can submit their responses? The solicitation has now been posted to Bid Express under "PWP23-090." More information about how to upload your proposal can be found at this website: https:Ilwww,co.fresno.ca.us/departments/public-works-and-planning/request-for- proposals/electronic-submittals Please contact us if you experience any further difficulties in uploading your proposal to Bid Express. 2. Page 6 of the RFP lists the submittal requirements and specifies that respondents should not include more than requested, however I did not see anything on that list about providing a work plan for accomplishing the services laid out in the Scope of Work. Should consultants include a project approach/work plan in their response? Consultants should include a project approach/work plan in their response. 3. Could you please provide Attachment D, the Sample Agreement? An agreement will be developed in the negotiation/execution phase. END OF ADDENDUM NO. 1 DESIGN DIVISION 2220 Tulare Street, Seventh Floor I Fresno, California 93721 I Phone(559)600-41541 FAX(559)600-4544 The County of Fresno is an Equal Employment Opportunity Employer DocuSign Envelope ID:8838FB1B-DB66-4D6F-BDBF-OE6BBOF667119 I 1 1 t I -r CHI�ff idnalll ggqUqll Ion WIN un F ►t!'! 1118 '•,,��� � �;--�- c._.r-• --- - _r �. !l!II,UIIy �"�llllllutllt`• � �r 6- 111 r � - 4aH'Till t103l�9 , Itt � /,•�•� `�ILIGfaI Onnu II111111 , � 1 n■■: _ n n u u ago,._ s 1111' _ _' �"Ilnlltlllll IlNtlllllll --�W.��` 1 �'p■�p�_ Ili <� I 'm'O\ ' —�-- �'Ijnllllllll II1111111111 �� ' I■Dui®- 111 1 I ■'�� 1 1 _r" .nnlufnn'u,lullllll. �> nt,aX!A, t ' i��ya■�'. It/ I ■'>t� 1 �i1� �ID� 1 Y �� n ]IIIUpllilFill r 1 IJ■O r �= I U { M' :n 1 n Ns - — 4 11 l_ �!t�aa 1 1 r r f y u4Il II,,,,a lAl -.- �)® �uID �1 t�M�hfd: - I ��L,i 1 N1i gnu u:llll -mow: ' �t� I� I r'i;;.! nis I I t 'i \� to. 9 I-11u. r11 r t t 'R".�w1�N i J •:�� ' S• i. y����M11 ' 1it 'q'1I�11,i�,c:'� '''i� �� �j p �--..MKS A, -� JR( jlr llxMl�lfkq� 'i ��� •rrrr 1 !I 1 a 1 1 � 1 � 1 / ► Y 1 1 ' M • 1 1 1 1 DocuSign Envelope ID:BB3BFBIB-DB66-4D6F-BDBF-OE6BBOF66719 9 TABLE OF CONTENTS ` © Cover Letter © About the Consultants © Agreement Statement • �e. F Project Team Qualifications & Experience 00 00 00 11 1W References - CO. CD E0 LU �® d - Project Approach ® Cost Proposal �rON Attachment A • Team Resumes i 1 7-f wi DocuSign Envelope ID:BB3BFBI8-DB66-4D6F-BDBF-OE6BBOF66719 ECONorthwest ECONOMICS • FINANCE • PLANNING April 3, 2023 County of Fresno, Public Works Department 2220 Tulare Street, 6th Floor Fresno, CA 93721 Dear Members of the Selection Committee, Like much of California, the tremendous pressure in the Central Valley's housing market is leading to rising housing costs, changes in development trends, and an affordable housing crisis. Long-time residents feel that their way of life is threatened as new development occurs, while newer and lower-income residents struggle to find affordable housing. These trends are evident in the data. According to the US Census Bureau, in Fresno County, 74% of extremely low-income households are paying more than half of their income on housing costs compared to just 4% of moderate-income households. Housing prices and rents have increased at a much higher pace than resident income and wages, as supply is outpaced by demand for housing. California Housing Partnership's "Fresno County 2021 Affordable Housing Needs Report" found that the county was short over 36,523 affordable housing units for lower-income households. While the 2020 Annual Progress Report(APR) data indicate that the county has made progress in meeting its Regional Housing Needs Allocation (RHNA) targets for moderate and above moderate-income units but continues to lag in the delivery of lower-income units. This is a sobering reminder of the complexity of affordable housing development. The County is taking up the laudable challenge of proactively developing and evaluating different affordable housing trust fund approaches and structures to increase production in the region and leverage state funding opportunities. Our team offers decades of experience working with local and state governments across the nation to balance their housing needs with new development and to think through some of the most pressing affordable housing funding and financing challenges. Headquartered in Portland, Oregon with offices in Boise, Bend, Seattle, and Los Angeles, ECONorthwest brings a perspective from other similar(and distinct) markets that allow us to provide realistic, market-supported solutions. Our staff are leading experts on issues relating to housing economics, comprehensive planning, development and zoning regulations, and policy tools to support the development of housing that is tailored to meet a community's unique needs. We are pleased to submit our qualifications for this project and look forward to the opportunity to assist you in evaluating the available options and structures for creating a new affordable housing trust fund. We look forward to hearing from you soon. Sincerely, Erik Bagwell ECONorthwest FRESNO COUNTY Creation of an Attordable Housing Trust Fund—Proposal ECONOMICS • r1NANCF • PIANNING DocuSlgn Envelope ID:BB3BFB16-DBHH-4DHF-BDBF-OEHBBOFH6719 ABOD I I Fir CONSULTANTS ABOUT THE FIRM ECONorthwest is a West Coast-based consulting firm that specializes E in economics, finance, and planning. We have unparalleled expertise in housing market economics and land use policy analysis. We routinely work with clients to identify overall housing demand, estimate NW future housing needs, and formulate local policies and plans to meet the housing needs of all residents in a community. Our staff of 75 across We come to six office locations, help our clients make thoughtful, evidence-based decisions using tools and methods that meet the highest standards of work every day best practice and the needs of the communities we serve. Our work is informed by our knowledge of the fundamentals of real estate and to help create housing economics, finance, policy, zoning and development processes, more prosperous, community planning approaches, equitable development, and the impacts of public and private investment on displacement risk. equitable, At the core of everything we do is applied microeconomics. This and resilient perspective allows us to fully understand—and effectively communicate— the benefits, costs, and tradeoffs associated with any decision. Our communities. consultants have advanced degrees in a variety of fields, including economics, planning, and public policy; they work on projects ranging from strategy to implementation. On these projects, we provide a range of services, including housing economics and modeling, capacity analysis, land inventories, feasibility assessments, systemwide evaluations, and policy analysis for local decision-makers. ECONorthwest is familiar with the unique economic, housing market, and transportation conditions of California. We routinely provide policy analysis for ongoing planned and proposed legislation on behalf of nonprofits, legislators, and housing organizations. This involvement in policy development gives us unique insights into the evolving regulatory landscape in state-level housing law. We are differentiated from our competition through our adherence to our values. We are: Independent. We follow the evidence and stand behind our analysis. Insightful. We make the complicated clear. Curious. We keep asking questions, from many perspectives, to get to the core of problems and their solutions. Collaborative. We produce great work together: crossing disciplines, connecting the dots, learning side-by-side. We Strive for Impact. Our work informs decisions that improve the communities where we live and work. ECONorthwest FRESNO COUNTY Creation of an Affordable Housing Trust Fund—Proposal 2 ECONOMICS - FINANCF. • PIANNINC: DocuSlgn Envelope ID:BB3BFB16-D666-4D6F-BDBF-0E66BOF66719 Aktswu I I HE CONSULTANTS FIRM INFORMATION ECONORTHWEST Legal Name: Economic Consultants Oregon, LTD Principal Place 222 SW Columbia Street Suite 1600 1 Portland, OR 97201 of Business: Other offices in Seattle, Boise, Bend, and Los Angeles Legal Status: Domestic Business Corporation, 1974, Economic Consultants Oregon, LTD (1995: ECONorthwest) Incorporated: 1974 Federal Tax ID: 93-0639592 ERIK BAGWELL will be the Project Lead in charge of the project. Phone: 503-200-5073 Email: bagwell@econw.com ECONORTHWEST PRINCIPAL OFFICERS: Mark Buckley: 458-202-9016 Partner/Senior Economist Kevin Cahill: 208-515-3353 Partner/ Senior Economist Andrew Dyke: 503-200-5075 Partner /Senior Economist Lorelei Juntunen: 503-200-5074 Partner/ President Jade Aguilar: 503-446-5231 Director of Research Equity Morgan Shook: 206-388-0082 Partner / Senior Policy Advisor Tyler Bump: 503-200-5095 Partner/Senior Economic Advisor Mike Wilkerson: 503-200-5098 Partner/ Senior Economist EMPLOYEES RESPONSIBLE FOR PROPOSAL Name Role Phone Number Erik Bagwell Project Lead 503-200-5073 Chris Blakney Strategic Advisor 213-291-9444 Cadence Petros Implementation Advisor 503-200-5079 Emmanuel Lopez Associate 213-516-4250 Ex. 4250 Kevin Wall Proposal Coordinator 503-200-5091 AGREEMENT STATEMENT The terms outlined in this proposal shall remain in effect for ninety (90) days following the date proposal submittals are due. ECONorthwest FRESNO COUNTY Creation of an Affordable Housing Trust Fund—Proposal 3 ECONOMICS • FINANCE • PLANNING DocuSlgn Envelope ID:BB36F81B-D886-406F-BDBF-0E6BBOF667�9 • z i _ ERIK _ ' ► V1 -1 BAGWELLi `Nc toPrject Lead ��' • • I 4r Erik joined ECONorthwest 1 �' Chris joined as a Project Manager ECONorthwest as a in 2019, With a decade l L Project Director in 2019. Education of experience in public Education Chris' professional M.S. Urban Policy and finance and affordable B.A. Economics (Cum expertise is established Management, The New housing, he specializes Laude), Pacific Lutheran at the cross-section School, New York in affordable housing University, (Emphasis of development B. development, real-estate in Mathematics and economics and economic University of New Mexico Domestic Policy)Political Science, finance, and policy development. Chris works Uni analysis, and applies with a range of public and Certification: National these skills across an array Certificate in Economic private sector clients to Development Council of economic, real estate, Development, University develop strategic actions Housing Development and urban, suburban of Oklahoma Economic that address challenging Finance Professional and rural development Development Institute policy questions around projects. Prior to joining affordable housing, land ECONorthwest, Erik use, economic development, and growth managernent. worked in the Credit & Underwriting team for the Prior to joining ECONorthwest, Chris served as an New York City Department of Housing Preservation in-house economist for a leading Architecture & and Development, specializing in financial feasibility Engineering firm advising architects on the economics analyses, pro forma analysis, cash flow modeling, of design alternatives. Chris has been an active and gap financing, for rent-restricted, multifamily member of the International Economic Development affordable housing development. At HPD, he evaluated Council and the Commercial Real Estate Development and approved all loans and discretionary tax benefits Association (NAIOP). provided by the agency, comprising more than 150 projects and 20,000 units per year. ECONorthwest FRESNO COUNTY Creation of an Affordable Housing Trust Fund—Proposal 4 ECONOMICS • FINANCF • PIANNINC. DocuSlgn Envelope ID;B83BFB18-DB86-4D8F-BDBF-OE6BBOF66719 • JECT TEAM +. 0' CADENCE PET . OS r . ImplementationAdvisor • Cadence is a Project = Emmanuel joined Director at ECONorthwest \ ECONorthwest as an r with 23 years of Associate in 2021. He Education experience implementing Education specializes in economic urban renewal, housing, development, urban J.D. Northwestern School M.C.P. City Planning, Of Law of Lewis and parking, and downtown University of California, data science, and policy Clark College revitalization goals Berkeley analysis, specifically to help build vibrant in housing. Prior work B.A. Public Policy neighborhoods that B.A. Political Science, experience includes Analysis, Pomona College International Relations foster a sense of developing and analyzing Politics belonging and meet the Minor Economics, survey data on ADU Tel Aviv University needs of all community University of California, I homeownership in Courses in politics and members. Whether San Diego California, analyzing religion negotiating public-private business data to predict partnership agreements, - loss in tax revenue for developing civic projects, the City of Berkeley, and developing strategies for establishing affordable housing programs, or creating California's housing data strategy (Assembly Bill 1483). implementation strategies, Cadence uses problem- He is experienced in Python, R, and SOL. Emmanuel solving skills, flexible thinking, team building, and volunteers for the Crucible in Oakland as a woodshop clear communication to articulate and meet goals and assistant. objectives. Cadence graduated from Pomona College and holds a J.D. from the Northwestern School of Law at Lewis and Clark College, Prior to joining ECONorthwest, Cadence served as Development Division Manager at the City of Beaverton, a role that built upon her legal experience counseling local jurisdictions and nonprofit organizations. ECONorthwest FRESNO COUNTY Creation of an Affordable Housing Trust Fund—Proposal S FCONOMICS • nNANCF • R ANNINC, DocuSlgn Envelope ID:BB3BF81B-D866-4D6F-BDBF-OE6BBOF66719 • • & EXPERIENCE WESTSIDE CITIES REGIONAL AFFORDABLE HOUSING TRUST FUND STUDY—LOS ANGELES, CA (2022-ONGOING) ECONorthwest is assisting the Westside Cities Council of Governments (WSCCOG)—a joint powers authority representing the cities of Beverly Hills, Culver City, Santa Monica, West Hollywood, and the western portion of the City of Los Angeles—and the County of Los Angeles to develop a comprehensive sub-regional approach to accelerate affordable housing production. As part of this project, we are assessing the feasibility of developing a regional housing trust fund, identifying potential funding sources, and researching fund management considerations. To date, ECONorthwest has conducted interviews among established regional trust funds, active affordable/market-rate developers, as well as Housing and Community Development Officials. We have assessed barriers to development and LIHTC competitiveness and conducted a pro forma analysis to identify typical funding gaps for affordable housing projects in the region. The final deliverable will recommend a strategic plan to establish a regional trust fund, the primary activities that the fund should finance, and offer the pros and cons of different fund management and design approaches. ECONorthwest will be presenting its findings to the WSCCOG Board for review and adoption in April 2023. AFFORDABLE HOUSING STRATEGY— BAKERSFIELD, CA (2021-2023) ECONorthwest developed a comprehensive affordable housing strategy for the City of Bakersfield, California, The three central components of this strategy were a market analysis, outreach, and the establishment of an affordable housing trust fund. The market study component is capturing the housing context in the city and identifies gaps in supply and demand across different household income segments. Our outreach has included affordable and market rate developer interviews, community surveys, and attendance at in-person Planning Commission, City B Council, and other stakeholder meetings to solicit feedback on the draft strategy and approach. For the affordable FIELD —� housing trust fund work, we explored the feasibility of � A K E different funding alternatives including American Rescue Plan Act and Permanent Local Housing Allocation (PHLA) funds, sales tax revenues, a new development fee, and 1 j .t r,� `' , '� R n ,,�# .a -a• ,� local philanthropic capacity to capitalize the fund. This component of the project tested the feasibility of varying funding alternatives, advising on the highest-and-best ; allocation and uses of resources, and providing guidance on the structure and operation of the fund. Additionally, ECONorthwest assisted the City in its application for a grant from the State to capitalize the trust fund. The City was successfully awarded$4 million from the State. ECONorthwest FRESNO COUNTY Creation of an Affordable Housing Trust Fund—Proposal 6 ECONOMICS • rINANCF • PIANNING Docu5lgn Envelope ID:B836FB1B-DB66-406F-BOBF-OE6BBOF66719 WVJ%L1r1W.J%1 IONS ' • AFFORDABLE HOUSING STRATEGY—BRISBANE, CA (ONGOING) ECONorthwest is assisting the City of Brisbane to develop an affordable housing strategy. A major focus of the project is developing policies that facilitate affordable housing in the Baylands subarea, a new specific plan area with capacity for over 1,700 housing units. Our work will identify internal and external sources and uses of funding for affordable housing and an evaluation of the City's Inclusionary Housing and Density Bonus ordinances. AFFORDABLE HOUSING AND EARLY CHILDHOOD EDUCATION COLOCATION FUND— OREGON (2021) In partnership with the Low-Income Investment Fund (LIIF), ECONorthwest contracted with the Oregon Housing and Community Services (OHCS) to study the opportunities and constraints of collocating LIHTC affordable housing with Early Childhood Education (ECE) facilities and to assist in the design of a funding program to support colocation. With a capital commitment of $10 million, the project team evaluated the following: ■ The impact of prevailing wage law on colocation ■ Capacity of ECE providers • Case studies of projects that have successfully collocated ECE space with affordable housing ■ Financing gaps associated with providing collocated space ■ Funding mechanisms that could incentivize colocation • Design, management, and eligible uses of the funds PON ■ Considerations for the Qualified Action Plan (OAP) process ► �I and scoring criteria ' The final report recommended to OHCS the best uses of the k1 $10 million capital commitment and provided a pathway to implementation of a colocation fund, which included partnering , with a Community Development Financial Institution (CDFI)to manage the day-to-day operations of the fund. It also included additional sources to help capitalize the fund beyond the $10 million. OHCS issued an RFP in February 2023 to solicit a CDFI to manage the colocation fund. TRANSIT-ORIENTED AFFORDABLE HOUSING (TOAH) FUND BUSINESS FRAMEWORK— VANCOUVER, BC (2019) Together with Enterprise Community Partners and CitySpace Consulting, ECONorthwest prepared a business framework to guide city planners at Metro Vancouver, BC regional government in developing a transit-oriented affordable housing (TOAH) revolving loan fund. Throughout this project, the team prepared three memorandums and a final business case framework to guide the region through the TOAH Fund implementation process. We (a) engaged with the local affordable housing development sector to assess the development challenges and opportunities in the region, (b) assessed the lessons learned and best practices from U.S. TOAH Funds, (c) advanced recommendations for three potential fund concepts and estimated the level of investment needed, and (d) prepared the business framework with recommended fund products and implementation steps over the next several years. This successful project blended U.S. expertise on fund investments, affordable housing development challenges, and navigated differences in U.S. and Canadian financing vehicles to provide a roadmap for Metro Vancouver and its partners to continue conversations and stand up a TOAH Fund. ECONorthwest FRESNO COUNTY Creation of an Affordable Housing Trust Fund—Proposal 7 E:ONOMICS - FINANCE - 'ANNING OocuSlgn Envelope ID:BB38FB16-D666-4D6F-BOBF-OEBBBOF66719 RENCES Westside Cities Regional Affordable Housing Trust Fund Study—Los Angeles, CA Winnie Fong Project Director, Westside Cities Council of Governments and Estolano Advisors 323-306-9856 winnie@estolanoadvisors.com Affordable Housing Strategy—Balcersfield, CA Jason Cater Principal Planner, City of Bakersfield 661-326-3609 jcater@bakersfieldcity.us Affordable Housing Strategy—Brisbane, CA John Swiecki Community Development Director, City of Brisbane 415-508-2120 johnswiecki@ci.brisbane.ca.us Affordable Housing and Early Childhood Education Colocation Fund—Oregon Rick Ruzicka Interim Assistant Director of Planning & Policy, Oregon Housing & Community Services 503-986-6824 rick.ruzicka@hcs.oregon.gov ECONorthwest FRESNO COUNTY Creation of an Affordable Housing Trust Fund—Proposal 8 ECONOMICS - FINANCE • "NNING DocuSign Envelope ID:BB3BFB1B-DB66�D6F-BDBF-OE6BBOF66719 . • • • OACH APPROACH The following tasks represent our proposed approach. We have revised the order of Tasks from the RFQ in order for our project team to bring additional relevant information and nuance for the Client to consider as they weigh the tradeoffs of different trust fund and management approaches. TASK I: KICKOFF MEETING AND PROJECT MANAGEMENT Our Project Team will facilitate a kickoff meeting with project staff from the Fresno BUDGET: County Department of Public Works and Planning as well as key jurisdictional $10,000 stakeholders. These could include representatives from city governments within Fresno county and other county or local governments within the Central DELIVERABLES: Valley that are outside of Fresno county. We will rely on the Client to identify the ■ Kickoff and check-in meeting appropriate stakeholders to attend the kickoff meeting. The meeting will include: minutes ■ An overview by the Client of goals and objectives for this project and for a prospective trust fund ■ Work plan confirmation via ■ An overview of existing housing challenges in the region and discussion of email relevant documents and research already completed to date and identified prospective partnerships • A presentation of the project approach, scope, and schedule by the ECONorthwest project team. After the kickoff meeting, our Project Team will prepare a meeting summary with project goals, objectives, action items, and information and data needs from the Client. In addition to the meeting summary, the Project Team will schedule regular check-in meetings to ensure that the project stays on track and on budget. We anticipate that these check-in meetings will be bi-weekly given the 3-month timeline to complete this project. PROJECT MANAGEMENT BEST PRACTICES AT ECONORTH_WEST_ Project tracking includes regular progress reports .. • (monthly or more frequently as the project demands), budget and schedule tracking, and regular update TRACKING e-mails to clients. ECONorthwest project managers advise the client on the best use of budget resources. Experienced ECONorthwest staff(project directors) • review all interim and final documents provided to the CONTROL client.We involve the client in outlining products and review of interim drafts. ECONorthwest focuses on schedule and budget efficiency by eliminating duplicate services provided by the project �EFFICIENCY team,coordinating communication among team members, and maximizing the use of the client's time by making phone calls and having meetings only when necessary. All team members bring to bear the full host of project resources needed to complete this project in terms of • hardware, software, administrative support, editorial and design support, and technical support, including G_IS and spatial analysis. ECONorthwest FRESNO COUNTY Creation of an Affordable Housing Trust Fund—Proposal 4 ECONOMICS • r7NANCF • PLANNING OocuSign Envelope ID:BB3BFB16-D886-4D6F-BDBF-OE668oF66719 ■ • • ■ OACH TASK 2. ASSESS PROSPECTIVE PARTNERSHIPS AND FUNDING The feasibility of establishing a multi-jurisdictional trust depends on the capacity BUDGET: of each to commit resources. Resources could include land, general fund $20,000 dollars, ongoing local sales tax revenues, or simply a fee commitment to fund the operations of the trust. To assess the potential for such partnerships and DELIVERABLES: commitments, we will hold up to six(6) meetings/interviews with prospective ■ Short technical memorandum partners in Fresno County and the San Joaquin Valley who may have already summarizing interview findings expressed interest in pursuing a regional approach to affordable housing. and an assessment of existing Meetings could include either single or multiple stakeholders and could include funding and each jurisdiction's city government housing agencies, local Housing Authorities, philanthropic partnership capacity. organizations, and other potential capital providers. The meetings will help to assess the alignment of affordable housing priorities, variations in funding and capacity, local housing policies and challenges, and highlight the desires, goals, and objectives of each prospective partner for a regional affordable housing trust fund. We will rely on the Client to provide the contacts and assist with scheduling interviews and meetings with representatives. It is critical that prospective partners are identified and that the Project Team is able to schedule meetings immediately following the Task 1 kickoff meeting to stay on schedule. TASK 3. AFFORDABLE HOUSING TRUST FEASIBILITY AND PROGRAM ANALYSIS BUDGET: Funding and the long-term financial sustainability of a trust fund are critical to $25,000 success. The Project Team will build off the findings from Task 2 and weigh the tradeoffs of each trust approach (i.e., multijurisdictional or single-entity) and DELIVERABLES: estimate the identified available and ongoing local funding sources of each ■ Technical report that documents prospective partner to capitalize the trust fund, leverage state matching funding our assessment of partnerships, sources such as the Local Housing Trust Fund (LHTF) and the Permanent Local available local funding sources, Housing Allocation (PLHA), and support on-going operations, ability to compete for state If the funding estimates of the County and its partners are adequate and there fundings awards,trust fund is enough political support for a regional trust, we will then be able to evaluate management approaches,along the pros and cons of different management entities to oversee the operations of with recommendations. the trust based on our findings. We will provide a thorough overview of different . One (1) virtual powerpoint management approaches (e.g., existing public agency, creating a new public presentation that discusses agency, creating or partnering with a nonprofit, or contracting with a CDFI) and our methodology, findings and discuss the relevant opportunities and constraints of each in the context of this recommendations conducted via project and our findings. For example, if a single Fresno County trust without any Zoom. additional partners is deemed the most feasible based on our findings, then we will evaluate whether an existing County agency, the creation of a new agency, a government-sponsored non-profit, a CDFI, or some other entity would be the right fit for the trust. Much of this comes down to internal County staff capacity, budget constraints, the size and the goals of the fund, and the CDFI and nonprofit landscape with capacity and expertise to manage an affordable housing trust fund. ECONorthwest FRESNO COUNTY Creation of an Affordable Housing Trust Fund—Proposal 10 rcoNOMICs • nNANCE • RANNING Docusign Envelope ID:BB3BFB18-D668-4D8F-BDBF-OE66BOF66719 APPROACH TASK 4. IMPLEMENTATION PLAN (OPTIONAL) The findings of the project and whether the recommended trust fund is BUDGET: multijurisdictional or not will determine the requirements for the implementation $19,000 plan. We anticipate that implementing the recommended affordable housing trust fund design and structure may require at the outset the establishment of a DELIVERABLES: Joint Powers Authority(JPA)to either create a separate legal entity for the trust ■ Draft bylaws or jointly exercise common powers across public entities depending. Given this possibility and the tight project schedule, the Project Team can only commit ■ Draft operating agreement at this time to drafting bylaws and an operating agreement, which will include with proposed board structure, board structure, membership, and specific policies and procedures of the trust. membership,and specific policy Should the Client require additional support, the Project Team can be available to and procedures of the trust provide implementation services beyond the RFO-stated timeline. PROJECT SCHEDULE The proposed schedule below aligns with the desired schedule of the Client as outlined in the RFQ. Staying on schedule for this project depends heavily on the scheduling and timing of meetings with prospective partners as outlined in Task 2. We anticipate that these meetings will be held in the first three weeks following the kick-off meeting. The Project Team's ability to gather the appropriate information from prospective partners is vital to completing Task 2 and moving into Tasks 3 and 4. Task Project Milestone Schedule Apr Kickoff& Project Meeting April 123 Kickoff Meeting 1 Confirm Workplan Ongoing Project Management and Check-in Meetings F a Assess Prospective Partners and Funding April-May'23 Prospective Partner Meetings 2 Partnership, funding, and policy landscape assessment Draft technical memorandum AHTF Feasibility and Program Analysis May-June'23 AHTF Approach Analysis(multijurisdictional vs single entity) 3 Funding Feasibility Analysis Assess Trust Management Approaches _ Draft technical report and final presentation _ Implementation Plan May-June'23 4 Draft bylaws - Draft Operating Agreement, policies, and procedures ■ Draft Deliverables ■ Final Deliverable ■ Work Time Meetings ECONorthwest FRESNO COUNTY Creation of an Affordable Housing Trust Fund—Proposal II ECONOMICS • nNANCE • PIANNING DocuSign Envelope ID::]B3BF81B-D666-4D8F-BDBF-OE6860F66719 PROPOSAL DETAILED BUDGET For this project, we propose a time and expenses budget not-to-exceed$74,000. HOURS Task 1 Task 2 Task 3 Task 4 LABOR • Erik Bagwell,Project Lead $220 23 35 39 G 117 $25,740 35% Chris Blakney,Strategic $280 1 2 s 15 $4,200 6% Advisor Emmanuel Lopez,Project $165 23 30 35 t; 1113 $16,995 23% Manager Cadence Petros, $240 2 14 24 35 75 $18,000 24% Implementation Advisor Research Analyst $100 4 34 32 20 90 $9,000 12% Sub-Total 53 115 t36 96 40o 574,000 100% Totals by Task EME Totals Summary of Expenses Total by Task S10,000 $20,000 $25 0000 S19,000 BUDGET $74,000 %of Total Budget I „ L ECONorthwest FRESNO COUNTY Creation of an Affordable Housing Trust Fund—Proposal 12 ECONOMICS • I INANCr • N ANNING DoCuSlgn Envelope 10:BB3BF81B•D668-4D6F-BDBF-0EBBBOF86718 . A I RESUMES Please find 2-page resumes for our project team attached. For unabridged resumes, visit econw.com/staff ■ Erik Bagwell ■ Chris Blakney ■ Cadence Petros ■ Emmanuel Lopez ECONorthwest FRESNO COUNTY Creation of an Affordable Housing Trust Fund—Proposal 13 ECONOMICS • FINANCE • PLANNING DocuSign Envelope ID:BB3BFB1B-DB66-4D6F-BDBF-OE6BBOF66719 Erik Bagwell Senior Project , .anager ECO •:` Erik joined ECONorthwest as a Project NW s + Manager in 2019, He has a decade of experience in public finance and affordable housing. He specializes in affordable housing development, real- estate finance, and policy analysis, and applies these skills across • an array of economic, real estate, and urban, suburban and rural development projects. Prior to joining ECONorthwest, Erik worked in the Credit & Underwriting team for the New York City Department of Housing Preservation and Development, specializing in financial feasibility analyses, pro forma analysis, cash flow modeling, and EDUCATION gap financing, for rent-restricted, multifamily affordable housing M.S. Urban Policy Analysis and development. SchoolManagement, The New B.A. Political Science, University SELECTED EXPERIENCE Of Westside Cities Regional Affordable Housing Trust Fund Study—Los Angeles, CA (2022-Ongoing). Erik is leading a CERTIFICATIONS feasibility study for the Westside Cities Council of Governments (WSCCOG) of developing a regional housing trust fund. The project HousingProfessiDevelopment National will explore potential funding sources, evaluate typical LIHTC project • ' il financing gaps, and research fund management considerations. DevelopmentThe final deliverable will recommend a strategic plan to establish a regional trust fund, the primary activities that the fund should finance, AREAS OF and offer the pros and cons of different fund management and Affordable • • design approaches. Real Estate Finance Comprehensive Affordable Housing Strategy—Bakersfield, CA Policy (2021-2023). Erik is currently developing a comprehensive affordable Oriented D- housing strategy for the City of Bakersfield. A central component of this strategy is the establishment of an Affordable Housing Trust Fund. The project is exploring funding alternatives including Permanent Local Housing Allocation funds, sales tax proceeds, a new development fee, and local philanthropic capacity. This component of the project is testing the feasibility of varying funding alternatives, advising on the highest-and-best allocation and uses of resources, and providing guidance on the structure and operation of the fund. Additionally, Erik assisted the City in its application for a grant from the State to capitalize the trust fund. The City was successfully awarded $3 million. Washington Department of Commerce Permanent Supportive Housing Cost Study—Olympia, WA (2021). In partnership with the Corporation for Supportive Housing, Erik is leading an analysis of operations, maintenance, and support services (OMS) costs of supportive housing projects in the Washington State Housing Trust Fund (HTF) portfolio. The team is investigating the financing and operating deficits experienced by supportive housing providers that are leading to deferred maintenance and other issues contributing to inadequate housing for residents. Affordable Housing Financial Analysis Services—Tucson, AZ(2021-2022). Erik is leading an on-call contract with the City of Tucson to provide affordable housing financial and development services for planning, underwriting, acquisition, disposition, renovation, and production of affordable residential and mixed-use properties. Since the award of the on-call contract, Erik has assisted the City to evaluate the implications of its voluntary inclusionary zoning program; identify site acquisition opportunities suitable for LIHTC affordable housing development; develop a scoring and ranking methodology to prioritize sites for acquisition according to local policy priorities; and the financial feasibility of affordable housing development on two City-owned parcels. Affordable Housing and Early Childhood Education Collocation Fund—Salem, OR (2021-2022). In partnership with the Low-Income Investment Fund (LIIF), Erik conducted a study for Oregon Housing and Community Services DocuSign Envelope ID:BB3BFBIB-DB66-406F-BDBF-OE6BBOF66719 (OHCS) of the opportunities and constraints of collocating LIHTC affordable housing with Early Childhood Education (ECE) facilities and to assist in the design of a funding program to support and incentivize colocation. As part of this project, Erik and LIIF evaluated: the impact of local prevailing wage law on colocation; capacity of ECE providers, case studies of successfully collocated projects; financing gaps; funding mechanisms to incentivize colocation; design, management, and use of funds; and considerations for the Qualified Action Plan (OAP) process and scoring criteria. The final report provided OHCS with the best uses of the $10 million capital commitment and provided a pathway to implementation. Sound Transit—Bothell Lot P—Bothell, WA (2020-2021). Assisted Sound Transit to identify the best development options for the site as it negotiated the land acquisition with the City of Bothell. Evaluated the tradeoffs for a variety of development scenarios including an analysis of providing discrete versus shared parking. A team of architects helped to define the design and programmatic elements of each development scenario. Then, using pro forma analysis, tested the financial feasibility of each scenario, estimating the 4% LIHTC equity, first position mortgage and the gap financing or subsidy dollars needed to deliver each development scenario. The size of the financing gap for each development scenario was used to determine the feasibility. The results of the analysis were presented to City staff to secure an agreement to acquire the site to deliver a Sound Transit Park and ride facility and affordable housing. Block 67 Housing Analysis—Hillsboro, OR (2021). Conducted a market and a pro forma feasibility analysis of market rate and middle-income housing development on a City-owned site. Evaluated the feasibility of three construction prototypes, including for-sale attached townhomes and middle-income multifamily development rent restricted to 80% AM I. We. provided the City with clarity on the most financially feasible housing prototypes, setting them up to strategically draft an RFP. Bel-Red 130th Ave Site Development—Bellevue, WA (2020). Evaluated the development feasibility of affordable housing and the replacement of Sound Transit park and ride stalls on a City-owned site. Built a pro forma model that looked at the financial viability of developing market rate and rent-restricted affordable housing, accounting for FAR bonuses and other local incentives. Estimated the size of a first position mortgage based on typical underwriting standards and quantified the low-income tax credit equity(LIHTC) of 4% credits with the basis boost. The final deliverable will provide the City with a road map and a strategy to deliver financially viable affordable housing. Old Sacramento Hotel Site and Development Analysis—Sacramento, CA (2020). The State was interested to know if the development of a hotel on a State-owned parcel would be financially feasible, its revenue potential, and how the State might assist in financing development. Conducted a market analysis of the hotel market in Sacramento, identifying average daily rates and occupancy levels throughout the year. Assessed the site to determine the physical viability of developing a hotel, estimating the appropriate hotel size, accounting for a hotel's logistical needs. Modeled the operations and cash flow of two different scale hotels on the site according to standard underwriting assumptions, estimating the annual debt service, ground lease payments, and return to the operator, Provided the State with tax-exempt and conventional financing options and their pros and cons. Produced a detail report that helped the State advance the project and helped to turn unproductive land into a steady stream of revenue, while limiting the State's exposure to development risk, TriMet Southwest Corridor Affordable Housing Development—Portland, OR (2020). As part of a light rail extension, TriMet, the transit agency, signed an MOU with other local jurisdictions to assist in the production of at least 600 units of rent restricted affordable housing along the proposed transit corridor. Produced a cash flow model to estimate the performance of both market rate and affordable housing on 32 individual sites in Portland and Tigard. Worked with a team of architects to right size the development potential for each site according to zoning, appropriate scale and estimate the potential number of units per site. Estimated the 4% LIHTC allocation for each development site and the gap financing required to realize each individual development. Woodinville Downtown Redevelopment Analysis—Woodinville, WA (2019). Assisted the owner of 20 acres of land in the heart of downtown Woodinville, Washington with creating a development program and strategy that aligns with both his and the City's vision for a denser mixed-use city center. Conducted a market study on residential, office, retail and hotel markets in Woodinville and the surrounding region. Evaluated the financial feasibility of a variety of uses, construction prototypes and design elements. Produced a discounted cash flow model to weigh the implications of a development program. The final deliverable helped the client understand the development's financial performance and provided a development strategy. DocuSign Envelope ID:BB3BFBIB-DB664D6F-BD13F-OE6BBOF66719 Chris Blalcney ECO Pr Project Director �1 +� 7 Chris joined ECONorthwest as a Project,�.� + �' Director in 2019 Chris' professional 1;4� s expertise is established at the cross-section kof development economics and economic development. Chris r 1 I works with a range of public and private sector clients to develop strategic actions that address challenging policy questions around affordable housing, land use, economic development, and growth r ti management. r SLAW Prior to joining ECONorthwest, Chris served as an in-house EDUCATION economist for a leading Architecture& Engineering firm advising architects on the economics of design alternatives. Chris has been B.A. Economics an active member of the International Economic Development Pacific Lutheran University Council, the Urban Land Institute, and the Commercial Real Estate (Emphasis in Mathematics and Development Association (NAIOP). Domestic Policy) EconomicCertificate in SELECTED EXPERIENCE Development, 2021-2029 Housing Element Update—Alhambra, CA (Ongoing). of Oklahoma Economic Chris is leading the 6th Cycle Housing Element Update for the Development Institute City of Alhambra, by spearheading the stakeholder outreach and overseeing the project. AREAS OF Comprehensive Affordable Housing Strategy—Bakersfield, Economic • ... CA (2023). The project included establishing an affordable housing Economicmpacttrust fund, and developer fee assistance program, an affordable Real Estate Market Analysis ADU program, and spatial analysis of naturally occurring affordable Affordable Housing housing and affordable housing site suitability. Housing Updates Affordable Housing Strategy—Brisbane, CA(2022).A Employment Site Analysis comprehensive affordable housing strategy that explored existing and new funding mechanisms, value-capture strategies, Economic Development development agreements, and the calibration of inclusionary housing and density bonus programs. University Village TOD Site Analysis—Redlands, CA(2022). Market and funding team lead for a development team leading development on the 32-acre University Village Site at the University of Redlands. TOD Market Analysis—Vancouver,WA (2022). Market and development feasibility analysis for a proposed high- rise development at the terminus of a new light rail extension in Vancouver, WA. Displacement Risk Analysis— Los Angeles, CA (2022). An analysis for the City of Los Angeles Department of Housing and Development(LAND) to develop a model for predicting existing and future displacement risk. Affordable Housing Funding Strategy—West Side Cities, CA (2022). An analysis to create an affordable housing funding program for the Westside Cities Council of Governments (WCCOG). Affordable Housing Sites Model—Los Angeles, CA (2022). A model to establish a replicable process for identifying and prioritizing sites for affordable housing development in Los Angeles. 21 Elements California RHNA Support—Portland, OR (Ongoing). Chris is the strategic advisor for the project and is assisting with strategy framework and fiscal impact analysis in tandem with efforts of Baird + Driskell Consulting and MapCraft, evaluating the potential housing unit production and fiscal impacts of 10 different land use and zoning policy changes. Enterprise Zone Amendment—Molalla, OR (2022). An economic analysis in support of a boundary amendment to the city's enterprise zone. DocuSign Envelope ID:BB3BFBIB-DB66-4D6F-BDBF-OE6BBOF66719 Affordable Housing Strategy—Bakersfield, CA (2022). A comprehensive affordable housing strategy and toolkit that included the creation of a local affordable housing trust fund, an impact fee mitigation program, and an accessory dwelling unit program. Waterfront Master Plan—Astoria, OR (2022). A market opportunity assessment, funding, and implementation plan in support of the Port of Astoria's Waterfront Master Plan. Austin Point Deepwater Port Planning—Woodland, WA (2022). An analysis of viable uses and economic development potential for water and landside industrial uses to support the planning of a new deepwater port at the Port of Woodland's Austin Point Site. Broadband Investment Strategy—Washington County, OR (2022). An analysis of broadband infrastructure, access, needs alongside a strategy for targeted investments. Small Business Economic Development Strategy—Madras, OR (2022). An economic development assessment of small business needs and support programs. Digital Equity Brief—Portland, Oregon (2022). An analysis of critical internet needs and disparities in access to broadband. Parametric Land Use Model—Gateway Cities, CA(2022). A funding, market, and feasibility analysis to support the creation of a parametric land use model in jurisdictions in the Gateway Cities Auburn Pit Master Plan—Auburn, WA (2022). Economic and market analysis and recommendations in support of a Master Plan for the redevelopment of the Auburn Pit Site. River Trail Funding Feasibility Analysis—San Diego, CA(2022). A funding feasibility analysis of the suite of available funding options to fund remaining portions of the San Diego River Trail system. Housing Element Audit— Los Angeles County, CA (2021). An analysis testing the market-feasible capacity of sites identified in the Housing Elements of 10 jurisdictions in Southern California. Washington Square Mall—Tigard, OR (2021). An evaluation of zoning code changes, transportation and public realm improvements, and financing strategies to support the redevelopment of a large regional mall. Sound Transit Lot P Market Analysis—Bothell, WA (2021). A market analysis of residential and commercial development forms to assess affordable housing funding alternatives and market penitential on a TOD site in Bothell, WA Koreatown Market Analysis—Los Angeles, CA (2021). An analysis exploring redevelopment potential of a TOD site in LAs' Koreatown District. Lanterman Site Redevelopment Analysis—Pomona, CA (2021). A market and real estate feasibility analysis for the redevelopment and reuse of the Lanterman site at Cal Poly Pomona, Housing Element Update—Alhambra, CA (2021). A comprehensive update to the Housing Element of the city's General Plan. Vertical Housing Development Zone Market Analysis—Wilsonville, OR (2021). A commercial market analysis to inform programing of a vertical housing development zone in the Villebois Master Planned Community. Lot P Redevelopment—Bothell, WA (2021). An analysis of development residential and commercial development scenarios for the redevelopment of a park and ride site for Sound Transit. 21 Elements Housing Element Support—San Mateo County, CA (2021). An evaluation of housing unit production and fiscal impacts of 10 different policy changes for 18 jurisdictions updating the Housing Element of their General Plans. TriMet Southwest Corridor Planning—Portland, OR (2018-2020). 'l-riMet is currently planning the alignment of a new light rail connection. Chris assisted in writing a white-paper evaluating the feasibility of utilizing the sale of air-rights to catalyze higher density development in station areas. Yakima Products Surplus Land Disposition Strategy—Lake Oswego, OR (2018). Evaluated the feasibility of development alternatives, emphasizing multifamily housing uses, on surplus land at the company's Lake Oswego headquarters. DocuSign Envelope ID:BB3BFBIB-DB66-4D6F-BDBF-OE6BBOF66719 �. Cadence Petros ECO .'vol�et Dii-accov Cadence is a Project Director at ECONorthwest NW with 23 years of experience implementing w �� •r policies and programs to help build vibrant neighborhoods that foster a sense of belonging and meet the needs of all community members. Whether negotiating public private i partnership agreements, developing civic projects, establishing housing programs, or creating and delivering on implementation strategies, Cadence uses problem solving skills, flexible thinking, team building, and clear communication to articulate and meet EDUCATION goals and objectives. She graduated from Pomona College and holds a J.D. from the Northwestern School of Law at Lewis and SchoolJ.D. Northwestern Clark College. Prior to joining ECONorthwest, Cadence served as Collegeat Lewis and Clark Development Division Manager at the City of Beaverton, a role that Pomona College built upon her legal experience counseling local jurisdictions and Politics, Public Policy Analysis nonprofit organizations. AREAS OF EXPERTISE SELECTED EXPERIENCE Heights District Equitable Development Plan—Vancouver, WA Up-ban Renewal (Ongoing). Assisting the City of Vancouver in fostering equitable Downtowndevelopment within the Heights District. ECONorthwest is conducting Affordable Housing outreach to determine priorities of the community, performing a Equitable Development market analysis, and completing a feasibility study to test equitable development and anti-displacement strategies. Riverfront Redevelopment Project—Soldotna, AK(Ongoing). Crafting a strategy to guide the redevelopment of an 85-acre portion of Soldotna's downtown. Conducting market and feasibility analysis of desired development types and developing a funding strategy and implementation plan to guide city investments and attract desired development. AVT Community Investment Plan Phase 2—Portland, OR (Ongoing). Building off visioning work in Phase 1, ECONorthwest is preparing a feasibility analysis for redevelopment of a catalytic site and exploring economic development opportunities for the Lower Albina District. This effort is geared to restore the street grid, redevelop underutilized parcels, and re-establish a thriving multicultural district. Housing Strategy Implementation—Issaquah, WA(Ongoing). Pursuant to a grant from the State of Washington, ECONorthwest is researching barriers to condominium development at both the state and local level, evaluating the feasibility of expanding the City's inclusionary zoning program, and evaluating opportunities to increase diversity of housing types within certain zones of the City. PRE-ECONORTHWEST Downtown Equity Strategy—Beaverton, OR. Building on years of diversity, equity and inclusion work, Cadence initiated a community-informed effort at the City of Beaverton-using ECONorthwest as consultant team members-to identify strategies to pair with city and urban renewal investments that will help mitigate involuntary displacement and create an inclusive downtown Patricia Reser Center for the Arts and Beaverton Central District Parking Garage—Beaverton, OR.While at the City of Beaverton, Cadence led the development and construction of the Patricia Reser Center of the Arts, a 550-seat performing arts venue, as well as an adjacent seven story parking garage with ground floor retail. Affordable Housing Program—Beaverton, OR. Over several years, Cadence led the establishment of the City of Beaverton's affordable housing program, including the City's first Housing Five Year Action Plan and Beaverton's Implementation of the Metro Regional Affordable Housing Bond. BURA Five Year Action Plan—Beaverton, OR. To identify key activities and budget for the Beaverton Urban Redevelopment Agency, Cadence and her team developed a rolling five-year action plan, updated and adopted by the urban renewal agency board on an annual basis. DocuSign Envelope ID:BB3BFBIB-DB66AD6F-BDBF-OE6BBOF66719 Emmanuel Lopez ECO ,ss�cizc . • Emmanuel joined ECONorthwest as an NW Associate in 2021. He specializes in economic development, urban data science and policy analysis, specifically in housing. Prior work experience includes developing and analyzing survey data on ADU homeownership in California, analyzing business data to predict loss in tax revenue r. for the City of Berkeley, and developing strategies for California's housing data strategy (Assembly Bill 1483). He is experienced in Python, R, and SOL, Emmanuel volunteers for the Crucible in Oakland as a woodshop assistant EDUCATION California,University of SELECTED EXPERIENCE Housing, Site Suitability Analysis—Los Angeles, CA (2022). An analysis and Economic Development for the City of Los Angeles Department of Housing and Development University f California, San (LAND) to develop a model for prioritizing sites for affordable Diego •Jolla Political housing using an interactive map tool. InternationalRiver Trail Funding Feasibility Analysis—San Diego, CA (2022). Relations; Minor: Economics A funding feasibility analysis of the suite of available funding options Graduate Certificate in Applied to fund remaining portions of the San Diego River Trail system. Data Science Emmanuel created a comprehensive review of Enhanced Finance Infrastructure Districts and Tax Increment Finance to use as a AREAS OF mechanism for funding the trail. Affordable Oregon Housing Production Strategies: Gentrification and Data Science Displacement Analyses—Washington state (2021). Emmanuel provided detailed analysis of socially vulnerable populations in Housing Policy gentrifying neighborhoods to help cities more deeply understand Regionalwhere anti-displacement policies could benefit the most. Allocation & Annual Progress HB2001 implementation—Eugene, OR (2022). ECONorthwest Reports provided analysis for the City of Eugene of where middle housing development is most likely within the City (at the neighborhood scale) to inform subsequent planning in response to Oregon House Bill 2001 requirements to allow middle housing in single family residential zones. ECONorthwest is also part of a larger consultant team helping to develop middle housing code amendments, and analyzing how potential code options would affect feasibility of middle housing development. Emmanuel performed interviews with key stakeholders to develop policy recommendations on middle-housing incentives offered by changes in code or financial incentives developed by the City. Washington Department of Commerce Cost Study on Permanent Supportive Housing—Washington state (2021). Working with the Corporation for Supportive Housing, ECONorthwest analyzed historical application for Operations and Maintenance Program funding to understand how Commerce could more effectively plan outgrowth in budget and target sectors and align funding mechanisms. Affordable Housing Strategy—Bakersfield, CA (2023). For the City of Bakersfield, California, ECONorthwest and Baird + Driskell Community Planning developed a comprehensive set of housing programs and an affordable housing strategy through the City's SB2 planning grant. This multi-year project included a housing finance and development plan, a preliminary housing sites inventory for the City to use when it updates its Housing Element, a recommended structure, and implementation plan for establishing an affordable housing trust fund. ECONorthwest also facilitated the creation of an incentive program to encourage the development of affordable accessory dwelling units ADU in low-density areas of the City. DocuSign Envelope ID:BB3BFBIB-DB66-4D6F-BDBF-OE6BBOF66719 ABAG Middle Housing Work Group—San Mateo, CA (2021). The Association of Bay Area Governments (ABAG) hosts working groups for member jurisdictions to explore topics of broad relevance across the Bay Area with issue-specific trainings and technical assistance. Working with planning firm Baird + Driskell and Opticos Design, ECONorthwest supported a working group focused on middle housing and how it could fit with jurisdictions' housing needs. ECONorthwest's role included. ■ Leading sessions on the market for middle housing and who it serves, how to make middle housing affordable, and how to understand development feasibility for middle housing • Producing reports offering additional information regarding the middle housing market in the Bay Area and affordability strategies for middle housing; ■ Developing an interactive tool for use by Bay Area jurisdictions to consider how policy variables such as parking requirements, required site size, and local fees affect the viability of middle housing given estimated local market conditions. Emmanuel looked through state density bonus rules and aligned development objectives of the city to demonstrate how different housing prototypes would fare if different rates of affordable housing units were included on their projects Housing Element—Alhambra, CA (2021). ECONorihwest helped the City of Alhambra with its 6th Cycle Housing Element Update. Alhambra is a built-out community with minimal vacant land and will rely heavily on redevelopment, infill, densification strategies to meet its RHNA allocation. Emmanuel provided spatial and statistical analysis to complete RHNA required Housing Element. Abundant Housing LA-RHNA Review—Los Angeles, CA (2021). ECONorthwest assisted MapCraft Inc. in an evaluation of Housing Element site inventories in 10 large jurisdictions in the SCAG region. This analysis assessed the likely impacts of the draft Housing Elements on housing production and suggested alternative rezoning scenarios that are more likely to achieve RHNA goals. Alternative rezoning scenarios will be tested if the estimated impact on housing production is significantly below the numbers in the RHNA Plan. Equity Impacts of Townhome ADU—King County, WA (2021). Analyzed patterns of townhome development in King County and used the Urban Displacement Project's displacement methodology in conjunction with other equity indicators to determine whether development patterns led to high rates of displacement or other types of inequity. ECONorthwest ECONOMICS • FINANCE • PLANNING www.econw.com OREGON WASHINGTON CALIFORNIA IDAHO KOIN Center Park Place 9415 Culver Blvd Eagles Center 222 SW Columbia, Suite 1600 1200 Sixth Avenue, Suite 615 #248 223 North 6th Street, Suite 430 Portland, Oregon 97201 Seattle, WA 98101 Culver City, CA 90232 Boise, ID 83702 503-222-6060 206-823-3060 213-218-6740 208-918-0617 DocuSign Envelope ID: BB3BFB16-DB66-4D6F-BDBF-0E6BB0F66719 Chris Blalcney r , ?roject Director ECO 0 Chris joined ECONorthwest as a Project NW iiiiii W .,r Director in 2019. Chris' professional expertise is established at the cross-section ` of development economics and economic development. Chris r t works with a range of public and private sector clients to develop strategic actions that address challenging policy questions around affordable housing, land use, economic development, and growth / management. / Prior to joining ECONorthwest, Chris served as an in-house EDUCATION economist for a leading Architecture & Engineering firm advising B.A. Economics architects on the economics of design alternatives. Chris has been an active member of the International Economic Development Pacific Lutheran University Council, the Urban Land Institute, and the Commercial Real Estate (Emphasis in Mathematics and Development Association (NAIOP) Domestic Policy) EconomicCertificate in SELECTED EXPERIENCE Development, 2021-2029 Housing Element Update—Alhambra, CA(Ongoing). of Oldahoma Economic Chris is leading the 6th Cycle Housing Element Update for the Development Institute City of Alhambra, by spearheading the stakeholder outreach and overseeing the project. AREAS OF Comprehensive Affordable Housing Strategy—Bakersfield, Economic •... CA (2023). The project included establishing an affordable housing ImpactEconomic trust fund, and developer fee assistance program, an affordable Real Estate Market Analysis ADU program, and spatial analysis of naturally occurring affordable Affordable Housing housing and affordable housing site suitability. Housing Element Updates Affordable Housing Strategy—Brisbane, CA (2022).A Employment Site Analysis comprehensive affordable housing strategy that explored existing and new funding mechanisms, value-capture strategies, Economic Development development agreements, and the calibration of inclusionary housing and density bonus programs. University Village TOD Site Analysis—Redlands, CA (2022). Market and funding team lead for a development team leading development on the 32-acre University Village Site at the University of Redlands, TOD Market Analysis—Vancouver, WA (2022). Market and development feasibility analysis for a proposed high- rise development at the terminus of a new light rail extension in Vancouver, WA. Displacement Risk Analysis— Los Angeles, CA (2022). An analysis for the City of Los Angeles Department of Housing and Development (LAHD) to develop a model for predicting existing and future displacement risk. Affordable Housing Funding Strategy—West Side Cities, CA (2022). An analysis to create an affordable housing funding program for the Westside Cities Council of Governments (WCCOG). Affordable Housing Sites Model—Los Angeles, CA (2022). A model to establish a replicable process for identifying and prioritizing sites for affordable housing development in Los Angeles. 21 Elements California RHNA Support—Portland, OR (Ongoing). Chris is the strategic advisor for the project and is assisting with strategy framework and fiscal impact analysis in tandem with efforts of Baird + Driskell Consulting and MapCraft, evaluating the potential housing unit production and fiscal impacts of 10 different land use and zoning policy changes. Enterprise Zone Amendment—Molalla, OR (2022). An economic analysis in support of a boundary amendment to the city's enterprise zone, DocuSign Envelope ID BB3BF818-DB66-4D6F-BDBF-OE6BBOF66719 Affordable Housing Strategy—Bakersfield, CA (2022). A comprehensive affordable housing strategy and toolkit that included the creation of a local affordable housing trust fund, an impact fee mitigation program, and an accessory dwelling unit program. Waterfront Master Plan—Astoria, OR (2022). A market opportunity assessment, funding, and implementation plan in support of the Port of Astoria's Waterfront Master Plan. Austin Point Deepwater Port Planning—Woodland, WA (2022). An analysis of viable uses and economic development potential for water and landside industrial uses to support the planning of a new deepwater port at the Port of Woodland's Austin Point Site. Broadband Investment Strategy—Washington County, OR (2022). An analysis of broadband infrastructure, access, needs alongside a strategy for targeted investments. Small Business Economic Development Strategy—Madras, OR (2022). An economic development assessment of small business needs and support programs. Digital Equity Brief—Portland, Oregon (2022). An analysis of critical internet needs and disparities in access to broadband. Parametric Land Use Model—Gateway Cities, CA(2022). A funding, market, and feasibility analysis to support the creation of a parametric land use model in jurisdictions in the Gateway Cities Auburn Pit Master Plan—Auburn, WA (2022). Economic and market analysis and recommendations in support of a Master Plan for the redevelopment of the Auburn Pit Site, River Trail Funding Feasibility Analysis—San Diego, CA (2022). A funding feasibility analysis of the suite of available funding options to fund remaining portions of the San Diego River Trail system. Housing Element Audit— Los Angeles County, CA(2021). An analysis testing the market-feasible capacity of sites identified in the Housing Elements of 10 jurisdictions in Southern California. Washington Square Mall—Tigard, OR (2021). An evaluation of zoning code changes, transportation and public realm improvements, and financing strategies to support the redevelopment of a large regional mall. Sound Transit Lot P Market Analysis—Bothell, WA (2021). A market analysis of residential and commercial development forms to assess affordable housing funding alternatives and market penitential on a TOD site in Bothell, WA Koreatown Market Analysis—Los Angeles, CA (2021). An analysis exploring redevelopment potential of a TOD site in LAs' Koreatown District, Lanterman Site Redevelopment Analysis—Pomona, CA (2021).A market and real estate feasibility analysis for the redevelopment and reuse of the Lanterman site at Cal Poly Pomona. Housing Element Update—Alhambra, CA (2021). A comprehensive update to the Housing Element of the city's General Plan. Vertical Housing Development Zone Market Analysis—Wilsonville, OR (2021). A commercial market analysis to inform programing of a vertical housing development zone in the Villebois Master Planned Community. Lot P Redevelopment—Bothell, WA (2021). An analysis of development residential and commercial development scenarios for the redevelopment of a park and ride site for Sound Transit. 21 Elements Housing Element Support—San Mateo County, CA (2021). An evaluation of housing unit production and fiscal impacts of 10 different policy changes for 18 jurisdictions updating the Housing Element of their General Plans. TriMet Southwest Corridor Planning—Portland, OR (2018-2020). TriMet is currently planning the alignment of a new light rail connection. Chris assisted in writing a white-paper evaluating the feasibility of utilizing the sale of air-rights to catalyze higher density development in station areas. Yakima Products Surplus Land Disposition Strategy—Lake Oswego, OR (2018). Evaluated the feasibility of development alternatives, emphasizing multifamily housing uses, on surplus land at the company's Lake Oswego headquarters. DocuSign Envelope ID:BB3BFB1B-DB66-4D6F-BDBF-OE6BBOF66719 � '� �- ' " • � �'� Cadence Petros Y ?--oject D rector co Cadence is a Project Director al ECONorthwest NW 1 with 23 years of experience implementing policies and programs to help build vibrant neighborhoods that foster a sense of belonging and meet the needs of all community members. Whether negotiating public private partnership agreements, developing civic projects, establishing �A housing programs, or creating and delivering on implementation �.. strategies, Cadence uses problem solving skills, flexible thinking, team building, and clear communication to articulate and meet EDUCATION goals and objectives. She graduated from Pomona College and holds a J.D. from the [Northwestern School of Law at Lewis and SchoolJ.D. Northwestern Clark College. Prior to joining ECONorthwest, Cadence served as at Lewis and Clark College Development Division Manager at the City of Beaverton, a role that Pomona College built upon her legal experience counseling local jurisdictions and Politics, Public Policy Analysis nonprofit organizations. AREAS OF EXPERTISE SELECTED EXPERIENCE Heights District Equitable Development Plan—Vancouver, WA Urban Renewal (Ongoing).Assisting the City of Vancouver in fostering equitable Downtowndevelopment within the Heights District. ECONorthwest is conducting . . .le Housing outreach to determine priorities of the community, performing a Equitable Development market analysis, and completing a feasibility study to test equitable development and anti-displacement strategies. Riverfront Redevelopment Project—Soldotna, AK(Ongoing). Crafting a strategy to guide the redevelopment of an 85-acre portion of Soldotna's downtown. Conducting market and feasibility analysis of desired development types and developing a funding strategy and implementation plan to guide city investments and attract desired development. AVT Community Investment Plan Phase 2—Portland, OR (Ongoing). Building off visioning work in Phase 1, ECONorthwest is preparing a feasibility analysis for redevelopment of a catalytic site and exploring economic development opportunities for the Lower Albina District. This effort is geared to restore the street grid, redevelop underutilized parcels, and re-establish a thriving multicultural district. Housing Strategy Implementation—Issaquah, WA (Ongoing). Pursuant to a grant from the State of Washington, ECONorthwest is researching barriers to condominium development at both the state and local level, evaluating the feasibility of expanding the City's inclusionary zoning program, and evaluating opportunities to increase diversity of housing types within certain zones of the City. PRE-ECONORTHWEST Downtown Equity Strategy—Beaverton, OR. Building on years of diversity, equity and inclusion work, Cadence initiated a community-informed effort at the City of Beaverton- using ECONorthwest as consultant team members-to identify strategies to pair with city and urban renewal investments that will help mitigate involuntary displacement and create an inclusive downtown. Patricia Reser Center for the Arts and Beaverton Central District Parking Garage—Beaverton, OR.While at the City of Beaverton, Cadence led the development and construction of the Patricia Reser Center of the Arts, a 550-seat performing arts venue, as well as an adjacent seven story parking garage with ground floor retail. Affordable Housing Program—Beaverton, OR. Over several years, Cadence led the establishment of the City of Beaverton's affordable housing program, including the City's first Housing Five Year Action Plan and Beaverton's implementation of the Metro Regional Affordable Housing Bond. BURA Five Year Action Plan—Beaverton, OR.To identify key activities and budget for the Beaverton Urban Redevelopment Agency, Cadence and her team developed a rolling five-year action plan, updated and adopted by the urban renewal agency board on an annual basis. DocuSign Envelope ID: BB3BFBIB-DB66-4D6F-BDBF-OE6BBOF66719 Emmanuel Lopez ECO Associate 1 ` � '✓ Emmanuel joined ECONorthwest as an NW f Associate in 2021, He specializes in economic development urban data science and policy •� analysis, specifically in housing. Prior work experience includes .,' developing and analyzing survey data on ADU homeownership in 6 f ol - California. analyzing business data to predict loss in tax revenue for the City of Berkeley, and developing strategies for California's housing data strategy (Assembly Bill 1483). He is experienced in Python, R, and SOL. Emmanuel volunteers for the Crucible in EDUCATION Oakland as a woodshop assistant. University of California, Berkeley SELECTED EXPERIENCE M.C.P. Housing, Community, Site Suitability Analysis—Los Angeles, CA (2022). An analysis and Economic Developmentfor the City of Los Angeles Department of Housing and Development University of California, San (LAHD) to develop a model for prioritizing sites for affordable Diego La Jolla B.A. Political housing using an interactive map tool. Science: International River Trail Funding Feasibility Analysis—San Diego, CA (2022). Relations-, Minor: Economics A funding feasibility analysis of the suite of available funding options Graduate Certificate in Applied to fund remaining portions of the San Diego River Trail system. Data Science Emmanuel created a comprehensive review of Enhanced Finance Infrastructure Districts and Tax Increment Finance to use as a AREAS OF EXPERTISE mechanism for funding the trail. Affordable Housing Oregon Housing Production Strategies: Gentrification and Displacement Analyses—Washington state (2021). Emmanuel Data provided detailed analysis of socially vulnerable populations in Housinggentrifying neighborhoods to help cities more deeply understand Regionalwhere anti-displacement policies could benefit the most. Allocation ress HB2001 implementation—Eugene, OR (2022). ECONorthwest Reports provided analysis for the City of Eugene of where middle housing development is most likely within the City (at the neighborhood scale) to inform subsequent planning in response to Oregon House Bill 2001 requirements to allow middle housing in single family residential zones. ECONorthwest is also part of a larger consultant team helping to develop middle housing code amendments, and analyzing how potential code options would affect feasibility of middle housing development. Emmanuel performed interviews with key stakeholders to develop policy recommendations on middle-housing incentives offered by changes in code or financial incentives developed by the City. Washington Department of Commerce Cost Study on Permanent Supportive Housing—Washington state (2021). Working with the Corporation for Supportive Housing, ECONorthwest analyzed historical application for Operations and Maintenance Program funding to understand how Commerce could more effectively plan outgrowth in budget and target sectors and align funding mechanisms. Affordable Housing Strategy—Bakersfield, CA (2023). For the City of Bakersfield, California, ECONorthwest and Baird + Driskell Community Planning developed a comprehensive set of housing programs and an affordable housing strategy through the City's SB2 planning grant. This multi-year project included a housing finance and development plan, a preliminary housing sites inventory for the City to use when it updates its Housing Element, a recommended structure, and implementation plan for establishing an affordable housing trust fund. ECONerthwest also facilitated the creation of an incentive program to encourage the development of affordable accessory dwelling units ADU in low-density areas of the City. DocuSign Envelope ID:BB3BFB1B-DB66-4D6F-BDBF-OE66BOF66719 ABAG Middle Housing Work Group—San Mateo, CA (2021). The Association of Bay Area Governments (ABAG) hosts working groups for member jurisdictions to explore topics of broad relevance across the Bay Area with issue-specific trainings and technical assistance. Working with planning firm Baird + Driskell and Opticos Design, ECONorthwest supported a working group focused on middle housing and how it could fit with jurisdictions' housing needs. ECONorthwest's role included: • Leading sessions on the market for middle housing and who it serves, how to make middle housing affordable, and how to understand development feasibility for middle housing ■ Producing reports offering additional information regarding the middle housing market in the Bay Area and affordability strategies for middle housing; • Developing an interactive tool for use by Bay Area jurisdictions to consider how policy variables such as parking requirements, required site size, and local fees affect the viability of middle housing given estimated local market conditions. Emmanuel looked through state density bonus rules and aligned development objectives of the city to demonstrate how different housing prototypes would fare if different rates of affordable housing units were included on their projects. Housing Element—Alhambra, CA (2021). ECONorthwest helped the City of Alhambra with its 6th Cycle Housing Element Update. Alhambra is a built-out community with minimal vacant land and will rely heavily on redevelopment, infill, densification strategies to meet its RHNA allocation. Emmanuel provided spatial and statistical analysis to complete RHNA required Housing Element. Abundant Housing LA-RHNA Review—Los Angeles, CA (2021). ECONorthwest assisted MapCraft Inc. in an evaluation of Housing Element site inventories in 10 large jurisdictions in the SCAG region. This analysis assessed the likely impacts of the draft Housing Elements on housing production and suggested alternative rezoning scenarios that are more likely to achieve RHNA goals. Alternative rezoning scenarios will be tested if the estimated impact on housing production is significantly below the numbers in the RHNA Plan. Equity Impacts of Townhome ADU—King County, WA (2021). Analyzed patterns of townhome development in King County and used the Urban Displacement Project's displacement methodology in conjunction with other equity indicators to determine whether development patterns led to high rates of displacement or other types of inequity. ECONorthwest ECONOMICS • FINANCE • PLANNING www.econw.com OREGON WASHINGTON CALIFORNIA IDAHO KOIN Center Park Place 9415 Culver Blvd Eagles Center 222 SW Columbia, Suite 1600 1200 Sixth Avenue, Suite 615 4248 223 North 6th Street,Suite 430 Portland, Oregon 97201 Seattle,WA 98101 Culver City, CA 90232 Boise, ID 83702 503-222-6060 206-823-3060 213-218-6740 208-918-0617