City Of Greenboro: City Requests Proposals For Affordable Housing Development

Greensboro NC

08 February, 2022

12:02 PM

Description

Press release from the City of Greensboro: 02/08/2022 10:00 AM The City is requesting proposals (RFPs) from housing developers who have submitted a preliminary application to the NC Housing Finance Agency for 2022 Low-Income Housing Tax Credits (nine percent and tax-exempt bond with four percent) to develop multi-family rental housing. This RFP for affordable housing development will award approximately $2.5 million using the federal HOME Investment Partnerships Program and City Housing Bonds for new rental housing units, rehabilitation of existing rental housing units, conversion of non-residential buildings to rental housing use, or any combination of these.  Proposals are due by 5 pm March 15 and will be evaluated according to a point ranking system to prioritize projects. For more information about the FY 2021-22 RFP timeline, see the RFP Process Schedule. Questions? Contact City Housing Services Manager Cynthia Blue by e-mail or at 336-433-7376.   The City is requesting proposals (RFPs) from housing developers who have submitted a preliminary application to the NC Housing Finance Agency for 2022 Low-Income Housing Tax Credits (nine percent and tax-exempt bond with four percent) to develop multi-family rental housing. This RFP for affordable housing development will award approximately $2.5 million using the federal HOME Investment Partnerships Program and City Housing Bonds for new rental housing units, rehabilitation of existing rental housing units, conversion of non-residential buildings to rental housing use, or any combination of these.  Proposals are due by 5 pm March 15 and will be evaluated according to a point ranking system to prioritize projects. For more information about the FY 2021-22 RFP timeline, see the RFP Process Schedule. Questions? Contact City Housing Services Manager Cynthia Blue by e-mail or at 336-433-7376.   This press release was produced by the City of Greensboro. The views expressed here are the author's own.