This Solicitation opportunity from Pennsylvania was posted on May 13, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
2025 Unit Based Subsidy - Restore-Rebuild Initiative
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
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AI Contract Overview
The contract pertains to the 2025 Unit Based Subsidy under the Restore-Rebuild initiative, a program originally launched by HUD in 2021 and now known as the Restore-Rebuild initiative. This program allows housing authorities, such as the Philadelphia Housing Authority, to expand their public housing inventory by adding units under their Faircloth Authority limit through a process that involves a mixed finance transaction and early RAD (Rental Assistance Demonstration) conversion approvals. The initiative facilitates a streamlined transition of developments from pre-development through construction to permanent financing, with the goal of converting units to project-based vouchers (PBV) once they are occupancy-ready. This approach provides lenders and investors with revenue certainty via Housing Assistance Payments contracts, supporting project financing and construction. The solicitation, titled "2025 Unit Based Subsidy - Restore-Rebuild Initiative," was posted on May 13, 2025, with a response deadline of October 31, 2025. It is issued by the Philadelphia Housing Authority, a Pennsylvania-based organization, with a contract size ranging from five million to twenty million dollars. The project aims to support developments within Pennsylvania, emphasizing the expansion and rehabilitation of public housing units through a phased process involving pre-development, construction, and conversion stages. Interested parties can find additional details and respond through the designated online portal.
General Info
Place of Performance
PA, USASet-Aside
Documents
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Timeline
Submission Closed
Organization & Contact Information
Full Description
More opportunities from Pennsylvania → Philadelphia Housing Authority
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