At times PHDC will promote funding opportunities. When we do, we’ll issue a Request for Proposals (RFPs) or Qualifications (RFQs).
RFP for Affordable Rental Production and Preservation Housing Projects August 2021
The Division of Housing and Community Development (DHCD) is soliciting proposals to finance the development and preservation of affordable rental units designed to serve low- and moderate-income households using funding from the Philadelphia Housing Trust Fund (HTF), federal HOME and Community Development Block Grant (CDBG) funds. This Request for Proposals (RFP) is designed to assist in providing gap financing for rental production and preservation projects that will seek Four Percent Low Income Housing Tax Credits (LIHTC) from the Pennsylvania Housing Finance Agency (PHFA). Gap financing for preservation projects not seeking Four Percent LIHTCs are also eligible under this RFP.
Please download all of the following documents:
- RFP for Affordable Rental Production and Preservation Housing Projects August 2021
- Exhibit-A-Project-Summary-Form
- Exhibit B – Operating Proforma_ with-without rental subsidy
- Exhibit B – Development Proforma
- Exhibit B – Development Proforma with Commercial breakout
- Exhibit-C-Economic-Opportunity-Plan-Affordable-Housing-RFP-2021
- Exhibit-D-Minority-Participation-and-Workforce-Commitments-Affordable-Housing-RFP-2021
- Exhibit-E-EOP Affordable-Housing-RFP-2021
Briefing Session
A pre-submission Zoom conference (non-mandatory) will be held on August 17, 2021 at 1:00 pm to answer any questions regarding this RFP.
- Zoom Meeting
When: August 17, 2021 at 1:00 pm Eastern Time (US and Canada)
Register in advance for this meeting by contacting Mirta.duprey@phila.gov
After registering, you will receive a confirmation email containing information about joining the meeting.
Questions
Questions related to the RFP may be directed to Melissa Long, Director, at 215-686-9789, or to melissa.long@phila.gov. Questions must be submitted in writing by August 24, 2021. Answers to all questions received are posted below.
Proposal Submission
Applications must be submitted on-line by clicking the Online Submission button below:
Proposal Submission Deadline
Proposals must be received no later than 4 p.m. on Friday September 24, 2021. Proposals received after the deadline will not be accepted and will not be reviewed.
For examples of closed Funding Opportunities click here.