Phoenix, Arizona New Construction of Affordable Rental Housing RFP
The City of Phoenix, through its Housing Department, intends to facilitate acquisition with rehabilitation and/or new construction, construction and/or rehabilitation of affordable rental housing by providing financing at low interest rates. The Housing Department is requesting applications that describe projects ready to begin construction at the time of application or which will be ready to begin construction in 2025 or early 2026. The City will apply HOME funds after all other construction financing has been exhausted. Applicants may request up to $2,000,000 per application
Scope of Work
The City, through its HD, provides quality affordable housing and a pathway to selfsufficiency. HD programs provide public housing, Section 8 housing vouchers, affordable rental apartments and single-family homes to more than 35,000 area residents. This includes partnering with non-profit and for-profit community organizations on the preservation and development of affordable housing units.
Applications to this CFI can be for acquisition with rehabilitation or new construction, rehabilitation and/or new construction for:
- Affordable rental housing that reserves units for homeless populations and/or special needs populations for the entire period of affordability designated by the Affordable Housing Loan Program and Underwriting Guidelines;
- Affordable rental housing submitted by an eligible CHDO;
- Supportive transitional housing to enable homeless clients to move upward in the continuum of housing toward self-sufficiency;
- Supportive permanent or transitional housing for homeless veterans;
- Supportive permanent or transitional housing for homeless youth, ages 18-24;
- Special Needs Housing with supportive services for populations such as victims of domestic violence, victims of human trafficking, persons recovering from substance abuse, persons living with HIV/AIDS, veterans, disabled persons and households at or below 40% of the Area Median Income;
- Other affordable housing projects may be considered based on funding availability, and after applications addressing the Council approved properties are considered.
Submission Information
Lastly, the deadline to submit proposals is due at 2:00pm on Thursday February 13, 2024.
Interested in Responding to this RFP?
Want to reply to this RFP? The Bid Lab Team is ready to help! Schedule a free consultation with us today, and let The Bid Lab engineer your next RFP win!
This bid is on Bid Banana. For more opportunities like this one, check out Bid Banana or our Bid Finder service.
