2013-10 Stephens Creek - Home Forwardhomeforward.org/sites/default/files/2013-10-Stephens-Creek.pdf · Continue coordination with Regional Arts and Culture Council to ... Continued

S h

A

StephRedevMonth

Septem

homeforward.o

children’s c

hens Cvelopmhly Re

mber 201

org

center rises

Creek ment eport

13

s on the nor

Cross

rtheast corn

sing

ner of Stephhens Creek CCrossing.

Stephens Creek Crossing Redevelopment September 2013

1

Preface The redevelopment of Stephens Creek Crossing (formerly Hillsdale Terrace) represents Home Forward’s third HOPE VI project. The existing public housing property, comprised of 60 three-bedroom units, is located at 6775 SW 26th Avenue in the Multnomah neighborhood of SW Portland. The existing property is in serious need. The steep site is eroding, buildings suffer from mold and mildew, and both the site and the buildings are inaccessible to people with mobility challenges. The current property is the agency’s most expensive to maintain and is an unwelcoming, isolated location that does little to instill pride in the community. A second application for $18.5 million in federal HOPE VI grant funding was submitted to the US Department of Housing and Urban Development (HUD) in November 2010. Thirty-six applications were received from across the nation. Home Forward received notification of a successful grant award in May 2011. The design for the complete redevelopment includes 122 new, environmentally sustainable apartments to replace the 60 existing apartments that are severely physically distressed, along with 7 affordable home-ownership properties. Key project partners include: (1) Habitat for Humanity, which will build seven nearby homes for first-time homebuyers, and (2) Neighborhood House, which will provide Head Start and early childhood programs in the newly acquired property along SW Capital Highway at its intersection with SW 26th. The new property will provide more housing and services opportunities while providing greater exposure and connectivity to the larger neighborhood. Current residents are receiving complete relocation services. Home Forward relocation staff help residents find a new place to live during construction and provide assistance with moving. Building upon the community involvement process started in 2008, Home Forward convened a Community Advisory Committee comprised of residents, neighbors, service providers, and educators. This group, charged with advising Home Forward’s Board of Commissioners, discussed key elements such as resident relocation, site and building design, economic participation during construction, and community services.

Source: Google Earth


2

Supporting resident success After a series of meetings with residents and two comprehensive written surveys, three primary objectives were identified to meet the needs of residents: Promote economic stability and family self-sufficiency through access to job training and career

advancement. Support youth to excel at all they do. This includes a focus on early childhood education. Create a healthy, sustainable, and well-connected community, including a focus on health and food

security with community gardens. A key component for the new resident community will be a desire and commitment to return to a community focused on self-sufficiency. At the time a new lease is signed, each household member who is “working able” (i.e., adults not elderly or disabled) will be required to participate in Home Forward’s Opportunity Housing Initiative (OHI). With a goal to transition households out of subsidized housing in approximately five years, OHI participants receive extensive counseling and services in addition to the opportunity to set aside a portion of their rent towards an asset-building savings account that can be used for further education or a down payment on the purchase of their first home. Community partnerships During the HOPE VI application process, over $4 million in commitments were obtained from over 30 social service providers. These represent strong partnerships with Neighborhood House, Multnomah County Human Services, Portland Parks and Recreation, YWCA, Oregon Department of Human Services, Big Brothers/Big Sisters, Portland Community College, and WorkSystems, Inc. Sustainable development & a new mix of uses The underlying zoning of the site now requires a minimum density of 115 units. With plans to cut and fill to truly “terrace” the site, a new mix of uses is envisioned: 122 new housing units, with one, two, three, or four bedrooms. Sustainable, green building features such as bioswales to manage 100% of stormwater on site;

green roofs at the community buildings; energy and water conserving appliances and fixtures; and durable, high quality interior finishes to ensure clean indoor air quality.

Community garden/urban farm spaces (including the potential for a large garden in partnership with the neighboring Hillsdale Community Church).

A community center for resident and neighborhood activities. A Children’s Center with three Head Start classrooms and a classroom to teach parenting skills. Defensible space for safe & secure housing (CPTED goals). Playgrounds, open space, and water-efficient landscaping. On-site and off-site circulation improvements to address safe pedestrian, bicycle, and vehicle

circulation. The purpose of this monthly report is to provide the reader with a synopsis of activities to date in the areas of finance, community outreach, design and construction, services and relocation, as we bring this project from concept to reality.


3

Planning & Design Past 30 days Site and building signage for housing and opportunity center has been bid Furniture selection for opportunity center & family workshop has been finalized Responded to construction requests for information (RFIs) and submittals from R&H/Colas (RHC) Final building color selection at opportunity center approved Green Building Services (GBS) and RHC working together on LEED credits and tracking Finalized interior finishes for children’s center Finalized nature/play area design

Next 30 days Continue to respond to RFIs and review submittals for the opportunity center, children’s center and

family housing buildings GBS and RHC working together on LEED credits and tracking Anticipate beginning initial punch listing on units

Community Relations Past 30 days Presentation to Multnomah Neighborhood Association regarding screening criteria, service provided

and opportunities for building a more inclusive community

Next 30 days Continue coordination with Regional Arts and Culture Council to assemble public art selection

committee members Coordinate with Mittleman Jewish Community Center to host a community presentation for the

Jewish organizations along SW Capitol Highway Coordinate with Multnomah Neighborhood Association, Neighborhood House and Hillsdale

Community Church to host a “Creating an Inclusive Community” forum for January or February Community and Supportive Services (CSS) Past 30 Days Internal hires completed for 2 Resident and Community Service Coordinators/GOALS Coordinators Continued site-based GOALS program refinement Continued development of orientation process and materials Communication with participants/families planning on returning regarding unit assignment Coordinate School Liaison logistics with Hayhurst, Robert Gray, and Wilson principals Intensive case management

Next 30 days On-boarding and team building for new staff Planning for Health and Wellness Workgroup in December Finalize GOALS contract Finalize orientation process and materials Community Compact training Continue program design and development


4

Construction Management Past 30 Days Started steel erection at the children’s center Started and completed grubbing on SW California Street Stated storm drain line on SW California Street Started carpet installation Started storefront at opportunity center Started exterior brick at opportunity center Started detention basin Continued insulation and drywall in the opportunity center Continued countertop install Continued mechanical, electrical and plumbing finishes Continued forming and pouring sidewalks and curbs Continued retaining wall to support ADA walkway to SW California Street Continued exterior painting on housing Continued cabinet install Continued drywall, taping and texturing Continued interior painting Continued door frames and doors Continued electrical, low-voltage, HVAC and plumbing rough-in Continued resilient flooring Continued gutter installation Continued brick on housing Continued erosion/dust control practices Completed the roof deck at the children’s center Completed the slab on grade at the children’s center Completed plumbing and electrical underground at the children’s center

Next 30 Days Start punch listing Start appliance installation Start framing at children’s center Start green roof at the opportunity center Start shoring wall fencing Re-start paving driveways Continue flooring Continue site retaining & bench walls Continue drywall in the opportunity center Continue countertop installation Continue sidewalks and curbing Continue electrical and mechanical trim Continue low voltage in the housing Complete detention basin Complete Building No. 1 finishes. Complete brick on housing and opportunity center Complete storefront on opportunity center


5

Complete ADA walkway retaining wall to SW California Street Finance and HUD Grant Administration Past 30 Days Working with OHCS to finalize the weatherization documents for Stephens Creek - South Tracking project costs and outstanding budget items – ongoing Processing draw requests and reports for Bank of America and Portland Housing Bureau– ongoing

Next 30 days Continue working with OHCS to finalize the weatherization documents for Stephens Creek - South Continue tracking project costs and outstanding budget items Continue working with asset and property management to prepare for start of property operations


6

Sources and Uses Table (Note: This table excludes fundraising and costs for developing Habitat for Humanity homes.)

Source Of Funds BudgetAmount

Drawn%

DrawnRemaining

Budget

Project SourcesLimited Partner Equity (Tax Credit Finance) 17,261,239 2,013,840 12 15,247,399 Permanent Debt 4,695,000 4,695,000 HOPE VI Grant Administrative Funds 942,754 607,723 64 335,031 Relocation, Demolition and Project Costs 627,734 429,674 68 198,060 Community & Supportive Services Funds 3,185,510 455,127 14 2,730,383 Real Estate Project Funding 15,029,512 10,852,583 72 4,176,929 Total HOPE VI Grant 19,785,510 12,345,107 62 7,440,404 City of Portland 2,707,624 1,407,003 52 1,300,621 HAP Proceeds from Scattered Site Sales 6,649,701 2,176,845 33 4,472,856 Energy & Sustainability Grants and Incentives 87,614 87,614 HAP Development Fees 2,100,000 2,100,000 HAP Proceeds (Not Scattered Site Sales Proceeds) 100,000 100,000 MiscellaneousBond Proceed Interest Earned

Total Project Sources 53,386,688 17,942,795 34 35,443,894

Interim SourcesConventional Construction Loan ($7,950,000) 5,635,912 (5,635,912) Tax Exempt Bond Financing ($13,000,000) 8,403,734 (8,403,734)

Total Interim Sources 14,039,646 (14,039,646)

Use Of Funds BudgetAmountIncurred

%Incurred

RemainingBudget

Overall Project DevelopmentAcquisition Costs 871,622 871,622 100Construction, Sitework, FF & E & Const. Contingency 28,542,424 22,083,025 77 6,459,399 Development Costs, Studies, Reports & Permits 1,820,401 654,576 36 1,165,825 General Fees, Contracted Services & Fees 7,491,741 3,970,904 53 3,520,836 Financing and Interest Charges 1,337,017 568,009 42 769,009 Reserves, Organizational Costs & Start-up 1,437,689 1,437,689

Total Partnership (Property) Uses 41,500,893 28,148,136 68 13,352,758

Administration, Relocation, Site Clearing & Resident ServicesGrant and Project Administration 942,754 623,995 66 318,759 Relocation, Demolition and Sitework 7,557,531 2,933,552 39 4,623,979 Community & Supportive Services 3,285,510 494,824 15 2,790,686 Habitat for Humanity Homeownership Land 100,000 100,000 100 -

Total Non-Partnership Costs 11,885,795 4,152,370 35 7,733,425 Total Project Uses 53,386,688 32,300,506 61 21,086,182

Financing Surplus or (Deficit) (318,066)


7

Contract Control Table

Contract # Contractor ScopeOriginal

ContractContract Changes

Current Contract

Budget

Incurred thru

September2013

Remaining Contract

Target Certified

Business

C0420 Michael Willis Architects Architectural & Engineering Services $175,000 $2,109,243 $2,284,243 $2,109,510 $174,733

C1015 R&H / Colas Construction Preconstruction Phase $65,350 $65,350 $58,346 $7,004

C1015A R&H / Colas Construction Mod #1 - Abatement $462,031 -$15,757 $446,274 $446,274 $0

C1015D R&H / Colas Construction Mod #2 - Demolition $594,154 $11,376 $605,530 $605,530 $0

C1015S R&H / Colas Construction Mod #3 - Private Infrastructure $4,643,361 $3,246,783 $7,890,144 $6,279,952 $1,610,192

C1015I R&H / Colas Construction Mod #4 - Public Sitework $882,578 $36,378 $918,956 $573,350 $345,606

C1015N R&H / Colas Construction Mod #5 - South 9% Partnership $7,143,481 $465,483 $7,608,964 $6,349,129 $1,259,835

C1015F R&H / Colas Construction Mod #6 - North 4% Partnership $9,799,101 $218,479 $10,017,580 $9,197,009 $820,571

C1015O R&H / Colas Construction Mod #7 - Opportunity Center $2,869,082 $159,670 $3,028,752 $2,400,488 $628,264

C1015C R&H / Colas Construction Mod #8 - Childrens Center $3,207,083 $14,284 $3,221,367 $815,051 $2,406,316

C1015L R&H / Colas Construction Mod #9 - Traffic Signal $30,698 $30,698 $19,783 $10,915

C0490 A+ Childcare (Pico) Childcare Services $965 $965 $965 $0 WBE/ESB

c0830 Alternative Comm. Svcs. Information technology $450 $450 $450 $0

T0624 AMEC Earth & Environmental On-Call Hazardous Materials Consultant $26,394 $26,394 $26,394 $0

C0255 Apex Companies, LLC Preliminary geotechnical services $7,394 $7,394 $7,394 $0

C1052 Apex Companies, LLC Geo-Technical Services $23,750 $23,750 $12,612 $11,138

T0526 Architectural Cost Consultants $1,769 $1,769 $1,769 $0

C1341 AV Design Specialist LLC AV design & installation $66,559 $66,559 $5,500 $61,059

C0073 Ball Janik LLP Governmental relations services $6,041 $6,041 $6,041 $0

T0366 Ballard Spahr LL On-Call Legal Services $222,412 $222,412 $222,412 $0

C0749 Benthin Engineering Additional Survey Work $4,900 $4,900 $4,900 $0 ESB

C1059 Benthin Engineering Survey Services $34,400 $19,300 $53,700 $53,009 $691 ESB

C1092 Brand Navigation LLC On-Call Graphic Design $2,734 $2,734 $2,734 $0

C0592 Briggs Writing services $3,000 $2,000 $5,000 $4,200 $800

C1149 Carlson Testing Geotechnical Testing $31,682 $31,682 $30,431 $1,251

C0572 Colas Construction Company On-Call Building Maintenance $325 $325 $325 $0 MBE/DBE

C1104 Colliers Int'l Valuation LIHTC Market Study $6,000 $6,000 $6,000 $0

T0182 CSG Advisors On-Call Finance Consulting $21,776 $21,776 $21,776 $0

C0651 Evergreen Interpreting Services Language Interpretation Services $222 $222 $222 $0 MBE

C1014 Finezza Soccer LLC Youth Soccer Camp $4,250 $4,250 $2,750 $1,500

C0662 First United Mgmt Group Market Study $6,000 $6,000 $6,000 $0

T0367 Foster Pepper On-call legal services $161,200 $161,200 $153,590 $7,610

C0892 Free Arts NW Art Classes $1,800 $1,800 $1,800 $0

T0625 Hahn & Associates Environmental Services $9,914 $9,914 $9,914 $0 ESB

C1139 Heglund Graphic Design $480 $480 $480 $0

C1019 Human Solutions LearnLinks Program $23,708 $23,708 $15,701 $8,007

C1271 IRCO's Intl. Language Bank Case Management Services $5,000 $5,000 $2,546 $2,454

C0514 Iris Group On-Call Writing Services $4,073 $4,073 $4,073 $0

C1102 Janus Youth Programs Health & Food Security consultant $5,000 $10,000 $15,000 $6,683 $8,317

C0750 Johnson Reid, LLC Habitat for Humanity Home valuation $2,495 $2,495 $2,495 $0

C1330 Knighthawk Protection $3,000 $3,000 $2,012 $988

C0645 Language Fusion On-Call Interpreter/Translation Services $90 $90 $90 $0 MBE/WBE

C0823 Maul Foster Alongi Demographic research $1,610 $1,610 $1,610 $0

T0691 Merryman Barnes Archs., Inc. On-Call Architectural Services $5,000 $5,000 $5,000 $0 WBE/ESB/DBE

C1116 Michael Mangum Family outreach $5,000 $5,000 $0 $5,000

C1123 Multivista LLC Construction Documentation $28,031 $8,000 $36,031 $31,028 $5,003

C1124 Neighborhood House On-Call relocation case management $5,000 $5,000 $10,000 $4,978 $5,022

T0504 Novogradac & Co LLP On-call Tax Consulting Services $750 $750 $750 $0

C1266 Oregon Green Raters Services for Energy Performance Certs. $30,000 $30,000 $18,000 $12,000

C0511 Paul Parker Consulting LLC On-Call Writing Services $7,035 $7,035 $7,035 $0 ESB


8

Contract Control Table (continued)

Contract # Contractor ScopeOriginal

ContractContract Changes

Current Contract

Budget

Incurred thru

September2013

Remaining Contract

Target Certified

Business

T1234 PBS Environmental On-Call Environmental Services $1,700 $1,700 $0 $1,700

C0350 Precision Images Printing and Distribution Services $36,591 $36,591 $36,591 $0

C1094 Precision Recreation Playground Equipment relocation $3,900 $3,900 $3,900 $0

C1118 Probity Builders Target Business Technical Assistance $30,000 $14,000 $44,000 $36,225 $7,775 ESB

C1298 QED Lab Window Testing Services $19,000 $19,000 $16,200 $2,800 ESB

C0576 Quist HOPE VI application $1,000 $1,000 $1,000 $0

C0512 Schoonard Public Writing Services $1,020 $1,020 $1,020 $0

T0185 Shiels Obletz Johnsen Inc. On-call Project Management Services $65,385 $65,385 $65,385 $0

T0743 Shiels Obletz Johnsen Inc. On-Call Project Management $41,803 $41,803 $41,803 $0

C0631 Stoel Rives On-Call Legal services $6,528 $6,528 $6,528 $0

C0934 Trapp On-call writing services $41,239 $41,239 $41,239 $0

C0372 URS Corp Arch./Eng. Fair Cost Estimate $1,960 $1,960 $1,960 $0

C1006 Wannamaker Consulting Environmental Services $94,844 $0 $94,844 $93,788 $1,056 WBE/ESB

Totals $30,290,593 $7,000,744 $37,291,337 $29,883,730 $7,407,607


9

Economic Equity Table

Businesses Sub Of Budgeted Total % Section 3 MBE WBE ESB DBE

Target Business Personal/Professional Svcs. ContractsMWA Architecture

ABHT LLC MWA Architecture $242,210 $234,603 97% $234,603The Bookin Group LLC MWA Architecture $44,766 $44,766 100% $44,766Lango Hansen Landscape MWA Architecture $148,980 $138,140 93% $138,140Multnomah Tree Experts MWA Architecture $17,000 $4,638 27% $4,638

A+ Childcare $965 $965 100% $965Benthin Engineering $58,600 $57,909 99% $57,909Colas Construction $325 $325 100% $325 $325Evergreen Interpreting Services $222 $222 100% $222Hahn & Associates $9,914 $9,914 100% $9,914Language Fusion $90 $90 100% $90Merryman Barnes Archs., Inc. $5,000 $5,000 100% $5,000Paul Parker Consulting LLC $7,035 $7,035 100% $7,035Probity Builders $44,000 $36,225 82% $36,225QED Labs $19,000 $16,200 85% $19,000Wannamaker Consulting $94,844 $93,788 99% $93,788Total Target Bus. Personal/Prof. Svcs. Contracts $692,951 $649,820 94% $325 $235,240 $144,519 $272,861 $0

Total Personal/Professional Svcs. Contracts $3,457,722Target Business Percentage 20%

Target Business Construction SubcontractsGMP Mod 01 - Abatement

D.P. Plumbing, Inc. R&H Colas $2,673 $2,673 100% $2,673 $2,673M&M Const. Svcs. R&H Colas $1,520 $1,520 100% $1,520MSD Construction LLC R&H Colas $5,150 $5,150 100% $5,150Northwest Electrical Contractors E-C Company $24,495 $24,495 100% $24,495Northwest Infrastructure R&H Colas $26,300 $26,300 100% $26,300 $26,300PMG Demotition & Abatement R&H Colas $216,094 $216,094 100% $216,094 $216,094Santana Crane, Inc. R&H Colas $710 $710 100% $710

GMP Mod 02 - DemotitionD.P. Plumbing, Inc. R&H Colas $3,091 $3,091 100% $3,091 $3,091M&M Const. Svcs. R&H Colas $27,709 $27,709 100% $27,709Northwest Infrastructure R&H Colas $365,480 $365,480 100% $365,480 $365,480West Hills Electric E-C Company $29,995 $29,995 100% $29,995

GMP Mod 3 - Private InfrastructureAD Traffic Control M&M Const. Svcs. $2,625 $0 0% $0Alarm Tracks R&H Colas $600 $600 100% $600Benthin Engineering R&H Colas $63,000 $43,581 69% $43,581Best Grinding M&M Const. Svcs. $103,838 $0 0% $0Cascadian Landscaping R&H Colas $459,106 $10,638 2% $10,638Dowers Waterproofing R&H Colas $8,200 $0 0% $0D.P. Plumbing, Inc. M&M Const. Svcs. $90,250 $0 0% $0 $0Faison Construction M&M Const. Svcs. $41,853 $0 0% $0Faison Construction R&H Colas $924,857 $577,247 62% $577,247M&M Const. Svcs. R&H Colas $3,684,629 $3,125,459 85% $3,125,459MSD Construction R&H Colas $31,255 $0 0% $0Nixon Electric R&H Colas $432,585 $333,644 77% $333,644Quality Building Services R&H Colas $1,500 $1,500 100% $1,500Raimore Construction M&M Const. Svcs. $250,000 $140,475 56% $140,475 $140,475Raimore Construction R&H Colas $247,039 $84,748 34% $84,748 $84,748Sawtooth Caulking R&H Colas $7,793 $0 0% $0Union Construction R&H Colas $508 $0 0% $0West Side Iron, Inc. Pacific Foundation $9,400 $9,400 100%Western Rebar Faison Construction $61,955 $18,246 29%Willamette Valley Tree Clearing R&H Colas $8,450 $8,450 100%

GMP Mod 4 - Public InfrastructureAD Traffic Control M&M Const. Svcs. $10,500 $0 0% $0Benthin Engineering R&H Colas $11,000 $3,848 35% $3,848Best Grinding M&M Const. Svcs. $44,502 $0 0% $0Chick of All Trades R&H Colas $1,462 $1,125 77% $1,125Duke Construction M&M Const. Svcs. $200,000 $82,381 41% $82,381M&M Const. Svcs. R&H Colas $384,712 $379,625 99% $379,625MSD Construction R&H Colas $4,049 $4,049 100% $4,049

GMP Mod 5 - South 9% Housing2C Building Services R&H Colas $9,400 $0 0% $0 $0Acacia Construction R&H Colas $64,363 $61,145 95% $61,145 $61,145Ace Event Services R&H Colas $370 $370 100% $370Budget Blinds R&H Colas $38,578 0% $0Civic Construction R&H Colas $869,692 $863,766 99% $863,766Colas Construction R&H Colas $986,381 $792,064 80% $792,064 $792,064Crown Fire R&H Colas $106,589 $98,184 92% $98,184Dowers Waterproofing R&H Colas $47,751 $48,077 101% $48,077Edwards Painting R&H Colas $110,030 $13,589 12% $13,589 $13,589Faison Energy Solutions R&H Colas $101,085 $96,031 95% $96,031 $96,031Final Touch NW R&H Colas $3,575 $3,575 100% $3,575WB Carpets AMD $28,972 $0 0% $0M&M Construction Services R&H Colas $10,710 $0 0% $0Mesher Tapani Plumbing $145,000 $56,940 39% $56,940NW Masonry Restoration R&H Colas $4,457 $0 0% $0

Incurred through September 2013


10

Economic Equity Table (continued)

Businesses Sub Of Budgeted Total % Section 3 MBE WBE ESB DBE

Nixon Electric R&H Colas $495,313 $251,666 51% $251,666Raimore Construction R&H Colas $72,173 $48,658 67% $48,658 $48,658Union Construction R&H Colas $322,822 $247,772 77% $247,772Western Rebar Whitaker Ellis $102,436 $97,314 95% $97,314

GMP Mod 6 - North 4% Housing2C Building Services R&H Colas $16,800 $0 0% $0 $0Acacia Construction R&H Colas $120,923 $121,677 101% $121,677 $121,677Budget Blinds R&H Colas $73,166 $0 0% $0Civic Construction R&H Colas $1,576,793 $1,530,781 97% $1,530,781Colas Construction R&H Colas $145,925 $106,102 73% $106,102Crown Fire R&H Colas $203,214 $165,445 81% $165,445Dowers Waterproofing R&H Colas $35,877 $33,608 94% $33,608Edwards Painting R&H Colas $199,189 $79,477 40% $79,477 $79,477Faison Energy Solutions R&H Colas $191,188 $181,625 95% $181,625 $181,625Final Touch NW R&H Colas $3,575 $2,203 62% $2,203WB Carpets AMD $55,628 $0 0% $0M&M Construction Services R&H Colas $7,204 $0 0% $0Mesher Tapani Plumbing $270,000 $163,486 61% $163,486Nixon Electric R&H Colas $841,999 $699,112 83% $699,112NW Masonry Restoration R&H Colas $13,092 $0 0% $0Raimore Construction R&H Colas $127,355 $85,739 67% $85,739 $85,739Union Drywall R&H Colas $608,267 $508,021 84% $508,021Western Rebar Whitaker-Ellis $89,823 $87,324 97% $87,324

GMP Mod 7 - Opportunity CenterB&B Masonry R&H Colas $120,926 $4,869 4% $4,869Civic Construction R&H Colas $285,995 $278,680 97% $278,680Courtesy Janitorial R&H Colas $1,996 $0 0% $0 $0Crown Fire R&H Colas $42,902 $38,508 90% $38,508Dowers Enterprises R&H Colas $11,682 $11,108 95% $11,108Enviroscapes NW McDonald & Wetle $109,500 $0 0% $0Faison Energy Solutions R&H Colas $20,615 $0 0% $0 $0Final Touch NW R&H Colas $1,125 $1,125 100% $1,125WB Carpets AMD $6,024 $0 0% $0Edwards Painting R&H Colas $21,847 $4,358 20% $4,358 $4,358M&M Construction Services R&H Colas $18,900 $0 0% $0Mesher Tapani Plumbing $26,000 $16,471 63% $16,471Nixon Electric R&H Colas $232,933 $142,433 61% $142,433Raimore Construction R&H Colas $259,198 $246,238 95% $246,238 $246,238Sawtooth Caulking R&H Colas $50,885 $48,341 95% $48,341Union Drywall R&H Colas $74,638 $1,406 2% $1,406Western Rebar Whitaker-Ellis $63,899 $60,669 95% $60,669

GMP Mod 8 - Childrens Center2C Building Services R&H Colas $1,800 $0 0% $0 $0B&B Masonry R&H Colas $124,365 $4,788 4% $4,788Cascadian Landscape R&H Colas $59,055 $0 0% $0Civic Construction R&H Colas $302,416 $41,026 14% $41,026Dowers Enterprises R&H Colas $35,680 $20,928 59% $20,928Enviroscapes NW McDonald & Wetle $81,711 $0 0% $0Faison Construction R&H Colas $87,463 $0 0% $0M&M Construction R&H Colas $14,948 $0 0% $0Mesher Tapani Plumbing $20,000 $5,961 30% $5,961NW Masonry Restoration R&H Colas $8,476 $0 0% $0NW Structural Services R&H Colas $128,635 $84,971 66% $84,971Portland Coatings R&H Colas $19,300 $0 0% $0Union Construction R&H Colas $69,235 $0 0% $0Western Rebar Whitaker Ellis $57,402 $41,973 73% $41,973Total Target Business Construction Subontracts* $14,967,964 $12,983,864 $5,293,372 $4,202,605 $573,774 $5,447,479 $0

Total Consruction Contract $33,833,615Target Business Percentage 44%

Total Target Business Amts. $15,660,915 $13,633,684 $5,293,697 $4,437,845 $718,293 $5,720,340Total Const. & Prof. Svcs. $37,291,337Total Target Business % 42% (goal of 20%)Total Section 3 % 19% (goal of 10%)

Although many of the utilized firms are certified in more than one category, they are tracked here in only one category. The hierarchy is as follows: Minority-Owned, Women-owned and then if not counted in either of the two previous categories: Emerging Small Business and Disadvantaged Business Enterprise

Incurred through September 2013

*Subcontractors listed only for Section 3 are not included in the total of the Budgeted column.


11

Project Schedule


12

Stephens Creek Crossing Exposure Review September 2013

Schedule Current Exposures Delay caused by weather Delay caused by labor shortages City’s schedule for installing permanent water line

Budget Current Exposures Weather Material escalation (insulation) Buckling of the 26th Avenue road

surface Fundraising for the children’s center City installation of permanent water

line Labor shortages and financial viability

with siding subcontractor

Mission Home Forward has committed to increase affordable housing opportunities in SW Portland, increase physical connections to reduce isolation of the site, create quality designs that achieve long-term sustainability, have resident services that foster community networks and self-sufficiency, create on-going opportunities for neighborhood engagement, and create opportunities for increased economic equity. (These commitments are tracked in a list of 25 objectives exhibited on the next two pages.) Current Exposures Contract with Northwest College of Construction to support achievement of workforce goals. Balancing budget and target business goals. Pedestrian safety and linkages.

o Traffic light.

Sources Budget Drawn Remaining

Tax Credit Equity 17,261,239 2,013,840 15,247,399 Permanent Debt 4,695,000 - 4,695,000 HOPE VI Grant 19,785,510 12,345,107 7,440,404 City of Portland 2,707,624 1,407,003 1,300,621 Home Forward 8,849,701 2,176,845 6,672,856 Miscellaneous 87,614 - 87,614 Total 53,386,688 17,942,795 35,443,894

Uses Budget Incurred Remaining

Project Development & Admin. 12,563,534 6,789,106 5,774,428 Relcoation & Demolition 7,557,531 2,933,552 4,623,979 Construction 28,542,424 22,083,025 6,459,399 Start-up 1,437,689 - 1,437,689 CSS 3,285,510 494,824 2,790,686 Total 53,386,688 32,300,506 21,086,182

Relocation 7/5/2011 1/30/2012

Abatement 3/1/2012 5/9/2012

Demolition 3/1/2012 5/22/2012

Site work 5/3/2012 2/28/2014

Financial closing 8/31/2012 8/31/2012

Housing construction 10/1/2012 2/28/2014

Reoccupancy 3/3/2014 6/13/2014

Stephen

s Creek Croossing Redeevelopment SSeptember 2013

13

Stephen

s Creek Croossing Redeevelopment SSeptember 2013

14

Documents

2013-10 Stephens Creek - Home Forwardhomeforward.org/sites/default/files/2013-10-Stephens-Creek.pdf · Continue coordination with Regional Arts and Culture Council to ... Continued