1. DEPARTMENT OF PLANNING, HOUSING & COMMUNITY DEVELOPMENT
City of New Bedford
MAYOR JON MITCHELL
HOUSING REHABILITATION
DEPARTMENT OF PLANNING,
HOUSING & COMMUNITY DEVELOPMENT
Patrick J. Sullivan
Director

2. City of New Bedford

3. DEPARTMENT OF PLANNING, HOUSING & COMMUNITY DEVELOPMENT
New Bedford has a number of long standing Housing Rehabilitation Programs that provide both grant and low interest loan programs.
Area of Focus for this presentation:
Programs
Marketing and Outreach
Underwriting
Specifications
Contractors
DEPARTMENT OF PLANNING, HOUSING & COMMUNITY DEVELOPMENT

4. DEPARTMENT OF PLANNING, HOUSING & COMMUNITY DEVELOPMENT
HOUSING REHABILITATION PROGRAMS
DEPARTMENT OF PLANNING, HOUSING & COMMUNITY DEVELOPMENT

5. DEPARTMENT OF PLANNING, HOUSING & COMMUNITY DEVELOPMENT
HOUSING REHABILITATION PROGRAMS
DEPARTMENT OF PLANNING, HOUSING & COMMUNITY DEVELOPMENT

6. DEPARTMENT OF PLANNING, HOUSING & COMMUNITY DEVELOPMENT
MARKETING AND OUTREACH
Annual review of programs to determine if they are meeting the community needs
Adapt to changing environments
Outreach to underserved communities
Creative Marketing
DEPARTMENT OF PLANNING, HOUSING & COMMUNITY DEVELOPMENT

7. DEPARTMENT OF PLANNING, HOUSING & COMMUNITY DEVELOPMENT
INFORMATIONAL FLYERS
DEPARTMENT OF PLANNING, HOUSING & COMMUNITY DEVELOPMENT

8. DEPARTMENT OF PLANNING, HOUSING & COMMUNITY DEVELOPMENT
OUTREACH
Shopping Malls
Bus Advertisements
DEPARTMENT OF PLANNING, HOUSING & COMMUNITY DEVELOPMENT

9. DEPARTMENT OF PLANNING, HOUSING & COMMUNITY DEVELOPMENT
CREDIT WORKSHOPS
DEPARTMENT OF PLANNING, HOUSING & COMMUNITY DEVELOPMENT

10. MARKETING OUTREACH MEETINGS
Association of Realtors – Informational sessions for new realtors
Annual Lender Orientation Breakfast
Presentations to Senior Organizations
Presentations to Neighborhood Associations
DEPARTMENT OF PLANNING, HOUSING & COMMUNITY DEVELOPMENT

11. HOUSING UNDERWRITING GUIDELINES
Loan Approval Process
Underwriting criteria
Income
Credit
Underwriting Standards
Eligible Rehabilitation Costs
Value of the Property
Loan Terms and Conditions
Repayment Requirements:
For clients who are under 50% of the Area Median Income
For clients between 51% and 60% of the area Median Income
For clients between 61% and 80% of the Area Median Income
Additional Loan Conditions
Loan Limits:
Refinancing:
Loan Subordination Policy
Loan Approval Procedures
Establish comprehensive underwriting criteria
DEPARTMENT OF PLANNING, HOUSING & COMMUNITY DEVELOPMENT

12. DEPARTMENT OF PLANNING, HOUSING & COMMUNITY DEVELOPMENT
CHECKLISTS
Provides structure to the entire process
DEPARTMENT OF PLANNING, HOUSING & COMMUNITY DEVELOPMENT

13. DEPARTMENT OF PLANNING, HOUSING & COMMUNITY DEVELOPMENT
CHECKLISTS
Ensures that all requirements are met
DEPARTMENT OF PLANNING, HOUSING & COMMUNITY DEVELOPMENT

14. DEPARTMENT OF PLANNING, HOUSING & COMMUNITY DEVELOPMENT
CONTRATORS
Million Dollar Question
How to attract and keep quality contractors
Written policies and procedures – Consistent and Concise
Agent for the Owner – Spokesperson for the contractor
Rehab staff develops mutual trust – owner – contractor - city
Consistency in specifications
Expedited Payment Requisitions Process
Recognize contractors efforts through project signs – press releases
DEPARTMENT OF PLANNING, HOUSING & COMMUNITY DEVELOPMENT

15. DEPARTMENT OF PLANNING, HOUSING & COMMUNITY DEVELOPMENT
REHABILITATION PROCESS
Detailed Performance Specifications
Minimize Change Orders
Accurate Cost Estimation
Construction Contingency very important
Project Oversight – site visits
Progress Payment Procedures
Project Closeout Procedures
DEPARTMENT OF PLANNING, HOUSING & COMMUNITY DEVELOPMENT

16. DEPARTMENT OF PLANNING, HOUSING & COMMUNITY DEVELOPMENT
REHABILITATION PROCESS
Clearly defined bidding process
Owners select Contractor
Bid specification package coordinated by City
Sealed Bids
Lowest Qualified Bid
City 3rd party to contract between owner & contractor
Pre Construction Conference
DEPARTMENT OF PLANNING, HOUSING & COMMUNITY DEVELOPMENT