MBE/WBE INITIA TIVE 1/ 18/ 2018 MBE/ WBE INITIATIVE On August - - PowerPoint PPT Presentation

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MBE/WBE INITIA TIVE 1/ 18/ 2018 MBE/ WBE INITIATIVE On August 25, 2011, the MHDC Board of Commissioners approved the 2012 Qualified Allocation Plan (QAP) which included a MBE/ WBE Initiative encouraging the involvement and participation of

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MBE/WBE INITIA TIVE

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On August 25, 2011, the MHDC Board of Commissioners approved the 2012 Qualified Allocation Plan (QAP) which included a MBE/ WBE Initiative encouraging the involvement and participation of businesses certified as Minority-Owned Business Enterprises (MBE) and Women-Owned Enterprises (WBE), collectively referred to herein as MBE/ WBE.

MBE/ WBE INITIATIVE

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MBE/ WBE must be certified under a business certification program operated by a municipality, the State of MO, or other certifying agency as deemed appropriate by MHDC in consultation with the State of MO, Office of Equal Opportunity (OEO).

MBE/ WBE CERTIFICATION

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Certifying agencies: OEO City of Kansas City

St. Louis Airport Authority

MCRR

MBE/ WBE CERTIFICATION

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The MBE/ WBE Initiative only applies to developments with six or more units. All applicants are required to demonstrate efforts put forth to meet the minimum MBE/ WBE standards which are:

10% MBE for hard and soft costs, and
5% WBE for hard and soft costs

MBE/ WBE P ARTICIP ATION S TANDARDS

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A preference in funding will be given to applications that reflect:

MBE/ WBE Developer
Developer Group that includes a

MBE/ WBE

Developer Mentor/ Protégé Relationship
MBE/ WBE participation significantly

Exceeding the 10% and 5% minimum

MBE/ WBE PREFERENCE

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Applicants seeking the MBE/ WBE Preference must submit a Utilization Plan. The Plan must provide comprehensive details of the role and functions to be performed by the MBE/ WBE as outlined in the QAP. A Utilization Plan Outline is available to follow. The review process is based on the Plan Outline.

MBE/ WBE UTILIZATION PLAN

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MBE/WBE Utilization Plan Outline Please use this outline as a guide when preparing your MBE/WBE Utilization Plan. Development name and location: Developer name: General contractor name: Priority/Preference: MBE/WBE Developer Group Mentor/Protégé Exceeding Part 1:

Begin your summary with your participation commitment percentages of both hard and soft costs
Summarize your plan and commitment to the MBE/WBE initiative
Indicate any previous history of securing MBE/WBE participation

Part 2: Soft Costs:

Itemize the soft cost work and estimated cost and percentage which will be contracted out to MBE/WBEs
Provide names of entities, and designate whether an MBE or WBE
Describe in detail methods of outreach
Include certification documents

Hard Costs:

Itemize the hard cost work and estimated cost and percentage which will be contracted out to MBE/WBEs
Provide names of entities if known and designate whether an MBE or WBE
Describe in detail methods of outreach

Part 3:

Provide any additional information or documentation you feel will be helpful in the evaluation of your plan
Include previous history of work performed with MHDC

Part 4: Attach MBE/WBE certifications for prospective hard cost contractors

Please be sure to sign and date your Utilization Plan.

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MBE/ WBE Utilization Plan Outline

Please use this outline as a guide when preparing your MBE/ WBE Utilization Plan. Development name and location: Developer name: General contractor name: Priority/ Preference: MBE/ WBE Developer Group Mentor/ Protégé Exceeding

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1/ 18/ 2018 10 Part 1:

Begin your summary with your participation commitment percentages
f both hard and soft costs
Summarize your plan and commitment to the MBE/WBE initiative
Indicate any previous history of securing MBE/WBE participation

Part 2: Soft Costs:

Itemize the soft cost work and estimated cost and percentage

which will be contracted out to MBE/WBEs

Provide names of entities, and designate whether an MBE or

WBE

Describe in detail methods of outreach
Include certification documents

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1/ 18/ 2018 11 Hard Costs:

Itemize the hard cost work and estimated cost and percentage which

will be contracted out to MBE/ WBEs

Provide names of entities if known and designate whether an MBE or WBE
Describe in detail methods of outreach

Part 3:

Provide any additional information or documentation you feel will

be helpful in the evaluation of your plan

Include previous history of work performed with MHDC

Part 4:

Attach MBE/ WBE certifications for prospective hard cost contractors

Please be sure to sign and date your Utilization Plan.

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Section 3

Section 3 of the Housing and Urban Development Act

f 1968, as amended by the Housing and Community

Development Act of 1992 (Section 3), contributes to the establishment of stronger, more sustainable communities by ensuring that employment and other economic opportunities generated by Federal financial assistance for housing and community development programs are, to the greatest extent feasible, directed toward low- and very low-income persons, particularly those who are recipients of government assistance for housing.

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Section 3

If a portion of your financing consists of HOME funds, which are made available by HUD, MHDC is obligated to comply with the Section 3 Act and the Section 3 Regulations. MHDC is committed to this purpose.

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Section 3

Section 3 is gender and race neutral. It is a program that promotes employment for entities and individuals who meet the guidelines set by the Federal regulations. More information on Section 3 can be found at www.HUD/ gov/ Sec3

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