Missouri Bids > Bid Detail

RFP for Developers for the Housing Access and Neighborhood Stabilization Revolving Loan Fund

Agency: St. Louis
Level of Government: State & Local
Category:
  • 10 - Weapons
Opps ID: NBD14215710469417458
Posted Date: Sep 23, 2022
Due Date: Oct 14, 2022
Source: https://www.stlouis-mo.gov/gov...



RFP for Developers for the Housing Access and Neighborhood Stabilization Revolving Loan Fund








Sponsor: St. Louis Development Corporation
Procurement Type: Request for Proposals and or Qualifications



Starting Date: 09-23-2022
Closing Date: 10-14-2022
Closing Time: 05:01 PM



Summary

The St. Louis Development Corporation (SLDC) is issuing a public Request for Proposals (RFP) seeking community-based M/WBE developers that will construct affordable for-sale housing units through the Housing Access and Neighborhood Stabilization Revolving Loan Fund. This Fund will leverage American Rescue Plan Act (ARPA) capital and New Markets Tax Credits (NMTC) to finance the creation of for-sale units targeting households earning up to 80 percent of Area Median Income (AMI).

Respondents must demonstrate local development experience in distressed areas and should be aligned with SLDC’s equitable development goals envisioned through the Economic Justice Action Plan. Developers will work in coordination with a Construction Manager of the Fund as well as NMTC compliance consultant.

All Respondents should complete and submit the Developer Application included as Exhibits A through C of this document.




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