This Solicitation opportunity from Florida was posted on March 14, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
County Owned Land for the Development of Affordable Housing
Contract Overview
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The County of Volusia is offering to donate county-owned land to a qualified non-profit organization for the purpose of developing affordable housing units. In return, the organization must construct new housing that is available for rent or sale to households earning at or below 120% of the area median income, with at least 51% of the units designated for households at or below 80% AMI. The project must be completed within 48 months of the agreement, and all units must adhere to income and rent limits established by the Florida Housing Finance Corporation’s SHIP program. If units are rented, they must comply with SHIP rent limits, and households receiving Section 8 assistance are eligible to apply. For sales, the purchase price cannot exceed the county’s SHIP maximum, and buyers must meet specific mortgage front-end and back-end ratio requirements, with some flexibility for first mortgage holders. The project is subject to a 50-year affordability period, during which income and rent restrictions must be maintained, enforced through legal agreements and recorded covenants. The non-profit organization is responsible for ensuring compliance with all applicable building codes, zoning laws, permits, and state and local regulations, including nondiscrimination policies. Emphasis is placed on energy-efficient construction methods and materials to promote low utility costs. Regular reporting on project progress, timelines, and status is required to be submitted to the County’s Community Assistance Division. The contract size ranges from five to fifteen million dollars, with a response deadline of April 16, 2025, and the primary contact person is Meghan Chestnut.
General Info
Place of Performance
FL, USASet-Aside
Documents
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Timeline
Submission Closed
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