19-073 - Sale & Development of 427 Bay StreetEnd date: Friday February 8, 2019 at 2 p.m.
The due date for proposal submittals has been postponed until 2:00PM (EST) on FEBRUARY 8, 2019.
The amounts available for CDBG funding have been adjusted to the following limits:
o 427 Bay Street may be awarded funds up to $25,000.00 and;
o 74 Irvington Street may be awarded CDBG funds up to $40,000.00
Additional Open House Dates:
427 Bay Street:
1/24/19 at 11:00 a.m. and;
1/29/19 at 2:00 p.m.
74 Irvington Street:
1/24/19 at 10:00 a.m. and;
1/29/19 at 3:00 p.m.
The City is requesting proposals for the purchase and redevelopment of 427 Bay Street (01085-375) in the Bay neighborhood of Springfield, MA. This is a City owned property that consists of a 6,671 square foot lot that includes a 2 ½ story, vacant, residential property that is zoned Residence C. The property is on a corner lot where Cambridge and Bay Street meet, directly across from Oak Grove Cemetery. Assessed Value - $98,400
The property will be open on the following dates and times for interested proposers to view:
• November 28, 2018 at 3:00 p.m.
• December 12, 2018 at 2:00 p.m.
• December 21, 2018 at 11:00 a.m.
• January 8, 2019 at 10:00 a.m.
The City is most interested in proposals that will renovate 427 Bay Street to an owner- occupied, single-family or two-family house. Renovations should incorporate restoration of historic elements and should be historically appropriate to the home and the surrounding neighborhood. Renovations will need to be submitted for the review and approval of the Office of Planning and Economic Development.
427 Bay Street is located within Springfield’s Bay neighborhood. The Bay neighborhood is approximately two miles east of Metro Center. It contains 556 acres of land. It is one the City’s smallest neighborhoods. Its’ boundaries are well defined: the Boston & Albany Railroad to the north; State Street to the South; Roosevelt Avenue to the east; and the former Highland Division Railroad and part of the Saint James Avenue to the west.
Blunt Park is located within the Bay neighborhood. The park is approximately 180 acres and includes amenities like baseball diamonds, playing fields, tennis court, playground and picnic area. The park is home to the newly constructed, $12.5 million, Ray Jordan Senior Center. The Senior Center is a 23,000 square foot, two story building. The Senior Center offers dining services for Springfield seniors, exercise equipment, arts and crafts, recreational and health programming, computer access and other social activities. Blunt Park is also the site of the annual Stone Soul Festival, New England’s largest African American Festival, which provides family oriented activities, entertainment and cultural enrichment. It includes a wide array of African American arts and crafts vendors, gospel, jazz and Rhythm and Blues entertainment and a large picnic.
Bay is one of the most racially diverse Springfield neighborhoods. The housing stock consists of Victorian architecture and attractive, brick, walk-up apartment buildings.
The City is providing a development incentive of up to $50,000 in U.S. Department of Housing and Urban Development Community Development Block Grant (CDBG) funds which will be available to qualified developers that demonstrate capacity to comply with the requirements of federal funding. All projects will be required to meet the HUD Elimination of Slums and Blight, on a Spot Basis National Objective, therefore only exterior repairs that address code enforcement violations and/or public health and safety concerns will be eligible for funding under this program.
For more information on HUD National Objective requirements you may visit the following website http://portal.hud.gov/hudportal/documents/huddoc?id=DOC_16472.pdf
There will be no income restrictions applied to these funds. The City will require review and approval of all proposed exterior changes to the property by the Office of Planning and Economic Development prior to transfer. Renovations should incorporate restoration of historic elements and should be historically appropriate to the home and the surrounding neighborhood. The City will seek proposals that take into consideration the exterior appearance of 427 Bay Street as it appears in the 1939 photograph and that seek to preserve and restore exterior historic elements.
The CDBG funds will be disbursed in the form of an interest free, forgivable loan not to exceed $50,000 for approved exterior improvements such as roof, window, removal of damaged and inappropriate vinyl siding, restoration and replication of historic detail, painting, porch restoration, structural repairs, etc.
Utilizing the federal incentive funding for redevelopment will require the property to be de-leaded and to meet federal housing quality standards for residential projects.
The loan will be paid out as reimbursement of expenditures. Developers will be required to submit detailed invoices, that include back-up documentation including receipts, photographs showing completed work and proof of all payments to the City for review and approval before funding will be paid out. The City will review all payment requests and backup documentation and approve or deny payment within thirty (30) days. City review of invoices may involve progress inspections by a qualified Building Inspector and/or Housing Rehabilitation Specialist.
The City reserves the right to hold-back up to 5% of the development incentive until completion of the entire project. The loan will be forgiven upon issuance of a Certificate of Occupancy by the Springfield Building Commissioner, a passed Federal Housing Quality Inspection by the Office of Housing and submission of valid lead compliance letters from a certified lead inspector.
The City will consider highly advantageous only those redevelopment proposals that involve owner-occupancy by the proposer, or that include sale to an owner-occupant following restoration. In anticipation of this the City anticipates recording a deed restriction that requires a five year period of owner-occupancy once redevelopment is complete.
Proposers should also be aware of other potential incentives including the federal and state 20% tax credit for historic rehabilitation as well as the Community Preservation Act of which Springfield is now a participant which makes limited funding available on annual basis for impactful preservation projects.
Questions regarding the RFP should be submitted in writing to the Procurement Department. In order to provide prompt answers to questions, the City requests that all proposers submit written questions to the City of Springfield’s, Procurement Department, Attn: Lauren Stabilo, Chief Procurement Officer by January 9, 2019. Questions should be faxed or emailed to the following:
Office of Procurement
36 Court Street, Room 307
Springfield, MA 01103
Fax Number: (413) 787-6295
Email: firstname.lastname@example.org and email@example.com
The City will compile written answers which will be sent in written format to all Proposers who requested a copy of the RFP, no later than January 16, 2019.
To maintain a fair and impartial competitive process, the Chief Procurement Officer will only answer written questions submitted to the Procurement office. Private communication is not allowed with any RFP Review Committee Member or other City staff during the proposal preparation and evaluation period.
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