This Solicitation opportunity from Rhode Island was posted on November 20, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
ERA2-PRODUCTION FUND ( ERA2-Production )
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 ERA2-Production Fund is designed to provide financial support for the development or preservation of multifamily housing units targeted at households earning at or below 50% of the Area Median Income. Funded through the ERA2 Supplemental Development Financing Program, which is part of the Emergency Rental Assistance Program established under the American Rescue Plan Act of 2021, this initiative aims to address affordable housing needs in Rhode Island. All projects must adhere to federal ERA2 guidelines, including specific Treasury guidance, ensuring compliance with established federal standards. Applicants interested in securing funding must reach out to Nivea Linhares via email to obtain a unique ShareFile link for submitting their applications. The solicitation, issued by the Rhode Island Housing and Mortgage Finance Corporation, is open until September 30, 2025, with project funding ranging from five million to twenty million dollars. The program emphasizes supporting projects that contribute to affordable housing development or preservation within Rhode Island, aligning with federal and state housing priorities.
General Info
Place of Performance
RI, USASet-Aside
Timeline
Submission Closed
Organization & Contact Information
Full Description
The source for ERA2-Production is the ERA2 Supplemental Development Financing Program, an Emergency Rental Assistance Program (“ERAP,” more specifically “ERA2”), which is funded through the American Rescue Plan Act of 2021. All projects are required to comply with federal ERA2 guidance, including Treasury Guidance FAQ #46.
Applicants must contact Nivea Linhares at Sign up to see this detail for a link to a unique ShareFile address to submit their application.
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