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Proposals of Acquisition/Rehabilitation or New Construction of Affordable Rental Housing


Solicitation Details

CFI FY25-086-08 (MBT)

Housing

Melanie Bynoe-Torzala

12/03/2024 10:00 AM

02/12/2025 2:00 PM

Recommendation

946-49 - Financial Services(Not Otherwise Classified)


Additional Information

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