Rhode Island Code of Regulations
Title 860 - Housing Resources Commission
Chapter 00 - N/A
Subchapter 00 - N/A
Part 1 - Rules and Regulations Governing the Building Homes Rhode Island Program (860-RICR-00-00-1)
Section 860-RICR-00-00-1.7 - Contents of Proposal

Universal Citation: 860 RI Code of Rules 00 00 1.7

Current through September 18, 2024

A. Eligible Developers applying to the Program shall submit to the HRC one (1) original and three (3) copies of the Proposal. Each Proposal shall contain the following information together with such other information as the HRC may request:

1. The name, address, telephone number, fax number, email address and taxpayer identification number of the applicant.

2. A resolution of the Board of Directors, Owner, or other governing body of the applicant authorizing submission of the Proposal.

3. A description of the proposed Development, including address of the site, location map, plat and lot number and type of buildings currently on the property where applicable, and those proposed including a site plan and preliminary schematic plans.

4. Evidence of ownership or site control.

5. Identification and evidence of other financing commitments for the Development.

6. Evidence of compliance with local zoning and environmental regulations where applicable or identification of applicable requirements for which the developer will need permitting and a proposed schedule.

7. Projected date for commencement of rehabilitation or construction activities, development schedule, and a timetable for completion of the Development.

8. A description of the experience of the Eligible Developer including identification of key staff, their qualifications and experience, past projects undertaken and current housing projects underway.

9. Identification of partners in the Development.

10. A construction budget prepared by a consultant, architect, contractor, or other qualified professional.

11. The Development Budget and Operating Budget for the project.

12. If the property is occupied, a plan for relocation of displaced individuals.

13. A marketing plan in compliance with the Rhode Island Fair Housing Practices Act, R.I. Gen. Laws § 34-37-1, et seq.

14. Identification of the Monitoring Agent, where applicable.

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