§ 30-03 Selection of Sponsors.
RCNY § 30-03
HPD may select a Sponsor for a Project by any method which it determines will best further the purposes of the Program, including, without limitation, pursuant to a request for qualifications process, pursuant to a request for proposals process, selection from a pre-qualified list or, in the discretion of HPD, by a direct designation of an entity judged by HPD to be suitable for the task. HPD, in selecting a Sponsor, may consider any relevant factors, including, but not limited to: (i) the Sponsor's prior record in other City housing programs; (ii) the Sponsor's prior selection by the City as a developer in another program; (iii) the Sponsor's record as a property owner, developer, or manager; (iv) the Sponsor's relevant experience in and knowledge of the neighborhood where the Project is located, and (v) any relevant written comments by Tenants. It is intended that the Sponsor will be a Qualified Not-For-Profit Corporation.
