At times PHDC will promote funding opportunities. When we do, we’ll issue a Request for Proposals (RFPs) or Qualifications (RFQs).
Current Funding Opportunity
RFP Affordable Rental & Special-Needs Housing Development – November 2024
The Division of Housing and Community Development (DHCD) is soliciting proposals to finance the development of rental and special needs units designed to serve low- and moderate-income households using funding from the Philadelphia Housing Trust Fund (HTF), Neighborhood Preservation Initiative (NPI), federal HOME and Community Development Block Grant (CDBG) funds. This Request for Proposals (RFP) is designed to assist in providing gap financing for rental projects that will seek Low Income Housing Tax Credits (LIHTC) from the Pennsylvania Housing Finance Agency (PHFA). PHFA’s deadline to submit full LIHTC applications is February 11, 2025 by 3:00 pm.
Please download all of the following documents:
- RFP-for-Affordable-Housing-Rental-and-Special-Needs-Housing-Development-LIHTC
- Exhibit-A-Project-Summary-Form
- Exhibit-B-Development-Proforma
- Exhibit-B-Development-Proforma-tax-credit-projects-Commercial-breakout
- Exhibit-B-Operating-Proforma_-with-with-out-rental-subsidy
- Exhibit-C-EOP
- Exhibit-D-Minority-Participation-and-Workforce-Commitments-Affordable-Housing
- Exhibit-E-Affordable-Housing-
- Tax-Credit-Summary
Briefing Session
A pre-submission in-person Briefing Session will be held to answer any questions regarding this RFP. Interested parties are urged to attend this conference. You can register by emailing mirta.duprey@phila.gov. RFP for Affordable Rental and Special Needs Housing Development 2024 10
The Briefing Session will be held on Monday, November 18th at 2 pm at:
1234 Market St.
17th Floor Boardroom
Philadelphia, PA 19107
You will be required to show ID at the Security Desk to access the building
Questions
Questions related to the RFP may be directed to Mirta Duprey, at 215-686-9770, or to mirta.duprey@phila.gov. Questions must be submitted in writing by by Friday, November 22nd. Answers to all questions received will be posted on the DHCD and PHDC websites by Wednesday, November 27th
Proposal Deadline
Proposals must be in the format described in the RFP and must be received no later than midnight on Monday, December 16, 2024.
Proposals received after the deadline will not be accepted and will not be reviewed. The City assumes no liability for costs incurred in proposal preparation. The City reserves the right to accept or reject proposals or to seek additional information from any applicant. The City is under no obligation to award all available funds through this RFP and reserves the right to reallocate funds between funding categories.
Proposal Submission
Applications must be submitted on-line by clicking the Online Submission button below.
To view previous closed Funding Opportunities click here.