City of Pittsburgh 2024 Low-Income Housing Tax Credit Pre-Application

City of Pittsburgh 2024 Low-Income Housing Tax Credit Pre-Application
With the increasing volume and competitiveness of applications for the Pennsylvania Housing Finance Agency (PHFA) 9% and 4% Low-Income Housing Tax Credit (LIHTC) program, it is critical that the URA obtain an understanding of which projects may be seeking a commitment of URA financing and/or land in the PHFA application. Therefore, we have developed a pre-application for 2024 LIHTC applicants who have projects located in the City limits.

We intend to use the pre‐application to understand the size, scope, and financial commitment needed for the projects in the City and to see if the URA/City has the resources for all applicants. As we review the applications, we will look at the following criteria:
- The experience and capacity of the development team to undertake the project;
- The project’s readiness to proceed;
- The ability of the project to advance a mixed-income community through the mix of units and/or site selection;
- The utilization of innovative and environmentally sustainable design and construction practices;
- The ability of the project oprovide services, features, and opportunities, in addition to housing, that improve the quality of life for residents and the surrounding community;
- How the project contributes to a broader community revitalization plan;
- The creation of construction and permanent employment opportunities; and
- The amount of public subsidy being requested (total and per‐unit).
We are grateful and extremely fortunate to have so many development teams looking to invest in our City by providing high quality affordable housing in our neighborhoods. However, the reality is that with the increase in interest and decrease in resources, the URA needs to be more effective and strategic in reviewing the potential projects for the LIHTC round.
Submission Requirements
Please complete the pre-application form and submit all requested documents no later than Monday, October 16th, 2023 at 4pm. Should you have any questions, please contact Ben Peyton, bpeyton@ura.org or (412)567-1256

Please provide the following materials as attachments to your response. You can upload the files at the bottom of the form:
- Preliminary plans and renderings;
- Preliminary development budget, clearly listing all sources and uses of funds (in a format consistent with the PHFA Multifamily Core Application);
- Preliminary 15-year operating budget, cashflow analysis, and narrative (in a format consistent with the PHFA Multifamily Core Application);
- URA MWBE narrative, you can find a document outlining reqirements here;
- URA Minority Workforce Inclusion narrative, you can find a document outlining the requirements here;
- A narrative (one paragraph) describing the project's intentions to meet Section 3 requirements for creating economic opportunities for low- nad very-low income persons and eligible businesses as required by Federal Funds.
- Evidence of community support/input for the project;
An application fee of $500 made payable to The Urban Redevelopment Authority (URA) of Pittsburgh. Please send checks to:

URA/Dollar Bank Lockbox

P.O. Box 3455

Pittsburgh, PA 15230-3455
The URA will request copies of the following items post submission to PHFA:
- A copy of the completed PHFA Intent to Submit Form; and
- A copy of the completed PHFA Development Sypnosis
Pre-Application Questions
Project Name*
Project Location*

Street Address

Street Address Line 2

CityState

Zip Code
Project Type*

Single StructureMultiple Structures, ContiguousScattered SiteHigh Cost Area, Qualified Census Tract, or Difficult to Develop Area
Are you applying for 9% credits, 4% credits or both from PHFA?*

9% LIHTC4% LIHTCBoth
Development Entity*
Development Entity Partners (Include Ownership Stake):*
Architect
Contractor
Property Manager
Total Projected Development Cost*
Total Projected URA Funding Request*
Do any non URA budget sources trigger prevailing wage?*

YesNo
Which funding sources?
Projected Number of Construction Jobs Created*
Projected Number of Permanent Jobs Created or Retained*
Project Background Narrative*
You are welcome to reference the PHFA Development Synopsis
Does the project meet all of the Application Threshold Criteria, as outlined by PHFA (including the mandatory measured of Enterprise Green Communities Criteria)?*

YesNo
In no, please explain why.
Unit Type and Affordability Breakdown

Please enter in the number of units for each AMI/Unit Type. Please make sure you total all rows and columns.

	SRO/Eff.	1 BR	2 BR	3 BR	4 BR	5 BR	TOTAL
20% AMI
40% AMI
50% AMI
60% AMI
80% AMI
Market Rate
TOTAL

How many accessible units does the development include? *
Are there Section 811 units?*

YesNo
If so, how many?
Will the development convert to homeownership after 15 years?*

YesNo
Please select the Preferences & Set-Asides from PHFA the development will pursue:*

General OccupancySenior OccupancyPreservationSupportive HousingInnovation in DesignStrategic InvestmentCommunity Revitalization/Mixed IncomeNonprofitRequest for Additional Tax CreditsRe- Entry PopulationsHealthcare and Housing
Please explain how the development will expand residents’ quality of life. This can be evidenced through a combination of site location (e.g. proximity to transit, employment centers, or other amenities) building features and amenities (e.g. low utility costs; indoor air quality), and supportive services (e.g. case management; employment center).*
Please explain if the development is serving an underserved area for affordable housing (e.g. low poverty rates; limited affordable housing options; high owner-occupied market).*
Will the development use income averaging pursuant to Section 42(g)(1)(c) of the Internal Revenue Service (IRS) Code?*

YesNo
Please explain how the development will benefit the larger community and how it fits into a broader community revitalization plan. Has there been any community outreach regarding this development?*
Please explain how the development incorporates environmentally sustainable concepts and design standards (e.g. Enterprise Green Criteria, LEED, Energy Star Standard, Net Zero, Passive House, etc.)*
Please describe the current (and future) site control strategy.*
Does the development include any URA or City owned parcels?*

YesNo
If so, please provide a list of the parcel numbers.
Will the development require zoning variances?*

YesNoUnsure
If so, please describe the variances needed including the anticipated time frame and obtaining the required variances.
Please explain how the development aids the City of Pittsburgh's efforts to affirmatively further fair housing.*
Please explain any other relevant features of the development that may not have been addressed above. *
Upload Supportive Documents Below
Preliminary plans and renderings*

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Preliminary development budget*

The document should clearly list all sources and uses of funds (in a format consistent with the PHFA Multifamily Core Application).
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Preliminary operating budget*

A preliminary 15-year operating budget, cashflow analysis, and narrative (in a format consistent with the PHFA Multifamily Core Application).
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URA Minority and Women Owned Businesses Narrative

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URA Minority Workforce Inclusion Narrative

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Section 3 Narrative

One-paragraph describing the project's intentions to meet Section 3 requirements for creating economic opportunities for low- and very low-income persons and eligible businesses as required by Federal Funds.
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Evidence of Community Support/Input *

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Should be Empty:

City of Pittsburgh 2024 Low-Income Housing Tax Credit Pre-Application

Submission Requirements

Pre-Application Questions

Unit Type and Affordability Breakdown

Upload Supportive Documents Below