This RFP will be for the preservation and rehab of existing structures into affordable rental housing. In partnership with the Division of Housing and Community Development (DHCD), PHDC will provide gap financing for this rental production and preservation project as applicants seek Four Percent (4%) and Nine Percent (9%) Low Income Housing Tax Credits (LIHTC) from the Pennsylvania Housing Finance Agency (PHFA). Gap Financing for applications not seeking Four or Nine Percent LIHTCs are also eligible under this RFP.
Please download all of the following documents:
Pre-submission Conference
A pre-submission Zoom conference (non-mandatory) will be held on March 24, 2023 at 10:00 AM to answer any questions regarding this RFP. Interested parties are urged to attend this conference. If you are interested in attending this virtual conference, contact Mathen Pullukattu at mathen.pullukattu@phdc.phila.gov by close of business March 18, 2023.
Questions
All questions regarding this RFP must be submitted in writing by email to: RFP@phdc.phila.gov with the subject line “Questions – Grays Ferry Sears RFP.” Questions will not be accepted by telephone. Questions will only be accepted until March 25, 2023. at 4:00 PM. All questions and a response to each will be posted on this webpage no later than April 1, 2023.
Proposal Submission Process and Deadline
All Applications, along with a good faith deposit in the amount of $1,500 or 10% of the offer price, whichever is greater, must be received on or before 4:00 PM on April 14, 2023. Applications may be submitted either:
- Online by clicking the Online Submission button below;
(File Upload Instructions
Files are restricted to a maximum of 8 MB. If you have documents larger than 8 MB, then separate them into smaller documents to successfully upload them to the system. Allow time for the file to upload.)
or
- by U.S. mail return receipt by a nationally recognized delivery service (e.g., FedEx)
or
- by hand addressed to:
Jessie Lawrence
Director, Real Estate
Philadelphia Housing Development Corporation
1234 Market Street, 16th Floor
Philadelphia, PA 19107