Agenda

1. Miziwe Biik Development CorporationGTA Aboriginal Housing ProgramRequest for Expressions of Interest (R-EOI)Information Session:Aboriginal Rental Program- GTATuesday, February 9, 20101:30 – 3:00 PM

2. Agenda • Background • Principles • Purpose • Program Requirements • Funding • Program Schedule • Key Program Dates • Application for Funding: • Responding to the Request for Expressions of Interest (R-EOI) • Assistance with Proposal Submissions

3. Background • $13.4 million component of the larger $20 million GTA Aboriginal Housing Program • Developed in partnership between MBDC, MMAH, and TWC Inc. • Builds on the findings, outcomes, and principles established through the GTA Aboriginal Housing Consultation • Complements the other two components of GTA Aboriginal Housing Program: • Aboriginal Downpayment Loan Program-GTA (launched August 24, 2009) • Aboriginal Home Repair Program-GTA (launched December 14, 2009) • Approximately $3.7 million already budgeted for allocated under the Program

4. Principles • Program grounded on the Principles of GTA Aboriginal Housing Consultation, namely: • Aboriginal housing under Aboriginal control • Full and property accountability of public funds • Full transparency in the project/applicant selection process • Administrative efficiency

5. Principles • Application of Principles: • Program restricted to Aboriginal Service Providers (ASPs): Aboriginal control • Mandatory conflict of interest attest statements and proponent declaration statements to be completed by all Program applicants: Accountability • At least one applicant reference from Aboriginal community: Accountability • Booklet format for EOI response: Administrative efficiency • Predefined evaluation criteria and scoring of all EOI responses: Transparency

6. Purpose • Create affordable rental accommodation under Aboriginal control • Off-set the capital cost associated with new development • Encourage development in areas well served by amenities, including those specifically targeted to the Aboriginal community • Encourage diversity through the mix of affordable/market and Aboriginal/non-Aboriginal units • Promote the more efficient utilization of the existing building stock through adaptive reuse, acquisition and rehabilitation • Add/create affordable rental units for larger families

7. Program Requirements • Eligible proponents: • Non-profit Aboriginal organizations in which Aboriginal people are key decision-makers (Board and Senior Management) • Partnerships between Aboriginal and non-Aboriginal groups with Aboriginal partner retaining control: • Partners can be private-sector organizations • Partners need not be Aboriginal controlled • Must have a permanent office already in the GTA • Must already be providing housing or other services to the Aboriginal Community in the GTA

8. Program Requirements (cont’d) • Eligible development: • Projects must be built in the GTA • New construction • Conversion of a non-residential building to residential • Rehabilitation/renovation of existing vacant rental buildings • Acquisition of condominium units (single site or scattered) • Can take any form (apartment building, townhouse, stacked townhouse) • Condominium registrations are permitted • Mixed projects are permitted (affordable/market, Aboriginal/non-Aboriginal) • Mixed-use projects are permitted (commercial/institutional with residential) if commercial/leased space is < 10% of gross floor area of building

9. Program Requirements (cont’d) • Projects NOT eligible for funding: • Nursing or retirement homes • Existing Social Housing developments (SHRA Regulated) • Shelters or crisis care facilities • Ownership housing • Stage 2/transitional housing • Housing built outside the GTA • Housing built on reserves in the GTA • Housing built on sites that would would require: • An Official Plan Amendment • Substantial environmental remediation

10. Program Requirements (cont’d) • Unit and building design: • Units must be self-contained with private kitchen and bath • Units must meet minimum sizes as set out in the Ontario Building Code, although larger is recommended (no maximums) • Units should target large and small families (followed by seniors and singles) • Buildings should incorporate energy efficiency features • Building should incorporate accessibility features

11. Program Requirements (cont’d) • Eligible tenants: • Aboriginal households, including status or non-status Aboriginal Canadians, First Nations, Métis, and Inuit peoples • Households living off-reserve and in the GTA, and who are on, or eligible to be on, an existing social housing waiting list • Households paying a minimum of 20% of their income on rent (at time of occupancy)

12. Program Requirements (cont’d) • Rents: • Must not exceed 75% of Average Market Rent (AMR) by unit type and municipality • Individual units can rent at < 75% AMR • Must remain affordable for a minimum of 20 years • Must include utilities • Future rent increases governed by Residential Tenancies Act • Equity contribution: • Varies based on proponents: • 0% required for non-profit ASPs • 5% for partnerships • Construction or mortgage financing may also be required: • Must be secured prior to allocation of Program funding

13. Funding • Form of funding available: • Grants of up to $10,000 for proposal development • Forgivable capital loans for project construction • Grants(Aboriginal Rental Proposal Development Funding): • Only awarded to short-listed proponent under R-EOI • Only flowed after signing of Agreement • Funding reimbursed to proponents as expenses incurred • May only be used for proposal development expenses under Request for Proposals (RPF) • Can be stacked with CMHC Seed Funding

14. Funding (cont’d) • Forgivable capital loans: • Awarded to proponents successfully chosen under RFP • Forgivable after 20 year affordability period • Only provided for affordable, Aboriginal units • Must enable proponents to maintain rent levels at 75% of AMR (or less) • Can be ‘stacked’, when allowed by funding agency • Loan amounts vary based on unit size: • Bachelor units: $110,000/unit • 1 bedroom units: $120,00/unit • 2 + bedroom units: $150,000/unit • Total funding request to MBDC must not exceed $4.4 million

15. Funding (cont’d) • No geographic pre-allocation of grant or capital funding between GTA municipalities • No funding available for ongoing operating costs • Flow of funding: • No funding flowed until proponents sign Aboriginal Rental Contribution Agreement (ARCA) and Mortgage Agreement (MA) • No funding flowed until proponents secure conventional construction/mortgage financing (if required) • No funding flowed until proponents provide clear Phase 1 and, if required, Phase 2 Environmental Site Assessment (ESA) • Allocated in accordance with Flow of Funding Schedule

16. Funding (cont’d) • Flow of funding schedule – proponents without land • “Preconstruction Funding” up to 25% of total allocation subject to: • Up to 75% of purchase price of land • Up to $150,000 in three equal installments of up to $50,000 for soft costs • “Development Funding” up to 90% (cumulative) of total allocation: • 25% of loan available upon receipt of Building Permit • 25% of loan available upon completion of structural framing • 15% of loan available upon receipt of Occupancy Permit • “Hold-back Funding” of final 10% of total allocation • Final 10% of total allocation released in accordance with Construction Lien Act

17. Funding (cont’d) • Flow of funding schedule – proponents with land • “Preconstruction Funding” of up to 25% of total allocation • “Development Funding” of up to 90% (cumulative) of total allocation: • 25% of loan available upon receipt of Building Permit • 25% of loan available upon completion of structural framing • 15% of loan available upon receipt of Occupancy Permit • “Hold-back Funding” of final 10% of total allocation • Final 10% of total allocation released in accordance with Construction Lien Act

18. Program Schedule • MBDC issues R-EOI • Applicants respond to R-EOI using forms provided • Submissions pre-screened by staff team for eligibility: • Ineligible applicants directed to Fairness Advisor (if requested) • Submissions scored by PRC using forms provided: • Minimum 60% passing score • Recommendations to MBDC Board of Directors for approval • Short-listed applicants issued proposal development funding

19. Program Schedule (cont’d) • MBDC issues Request for Proposal (RFP) to short-listed applicants* • Applicants respond to RFP • Proposals pre-screened by staff team for eligibility • Ineligible applicants directed to Fairness Advisor (if requested) • Proposals scored by PRC using forms provided: • Minimum 70% passing score • Recommendations to MBDC Board of Directors for approval • Staff issue Conditional Allocation Letters and Agreements to successful proponents * MBDC may invite short-listed proponents to submit detailed project proposals instead of issuing a separate RFP

20. Key Program Dates • Issue R-EOI: Feb. 1, 2010 • R-EOI Information Session: Feb. 9, 2010 • Deadline for submission of questions on R-EOI: Feb. 11, 2010 • Posting of responses to question on MBDC website: Feb. 17, 2010 • Close R-EOI: Feb. 26, 2010 • Notice of short-listed submissions to R-EOI: March 23, 2010 • Posting of results of R-EOI on MBDC website: March 26, 2010 • Award Aboriginal Rental PDF: April 1, 2010 • Issue RFP: April 8, 2010 • RFP Information Session: April 15, 2010 • Close of RFP: May 13, 2010 • Announcement of Program funding decisions: May 20, 2010

21. Application for Funding: Responding to the R-EOI

22. Application for Funding: R-EOI (cont’d) • Application structured in ‘booklet’ format • No written submission other than the Forms provided • Failure to provide requested information and/or submitting non-requested information may result in disqualification • “Project Summary Form” (Appendix A) must be first page of submission: • Used to determine eligibility • Establish proponent profile • “Project Submission Form” (Appendix B) used for evaluation and scoring purposes • Reference Forms (Appendix C) must be completed and signed by references, not proponent • Additional Forms to be completed and signed as per instructions

23. Application for Funding: R-EOI (cont’d) • Proponents required to complete and submit one (1) original EOI submission package • Faxed or emailed copies will not be accepted • Late submissions will not be considered and will be returned unopened • Question on the R-EOI will only be accepted by email to the attention of the GTA Aboriginal Housing Program Director: • Email: progdirector@mbdc.ca • Deadline for submission of questions and inquiries: • 4:00 PM, February 11, 2010 • Reponses posted to MBDC website: • 4:00 PM, February, 17, 2010 • Questions must not be directed to any other MBDC staff or Board member

24. Assistance with Proposal Submissions • Ontario Non-profit Housing Association (ONPHA) can provide assistance to proponents in completing and submitting proposals • To access assistance, contact: • Joan Campbell, Manger, EducationONPHAPhone: (416) 927-9144, ext. 112Email: Joan.campbell@onpha.org OR • Mitra Maharaj, Program Director, GTA Aboriginal Housing ProgramMBDCPhone: (416) 640-4683Email: mitra.maharaj@mbdc.ca

25. Questions & answers Good luck!