This Solicitation opportunity from California was posted on August 29, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Mailbox Only - Notice of Funding Availability for Downtown & Chinatown Housing Development Multi-Family New Construction Substantial Rehabilitation
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
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The City of Fresno is soliciting applications from qualified developers for the new construction or substantial rehabilitation of multifamily housing projects within the Downtown and Chinatown districts, geographically bounded by Calaveras Street to the north, César Chávez Boulevard to the south, CA-99 to the west, and L Street to the east. Developers selected through this solicitation will assume full responsibility for all phases of project execution including property acquisition, obtaining entitlements, environmental clearances, securing financing, and completing construction or rehabilitation. The City is offering financial support through a Revolving Loan Fund (RLF) totaling up to $20 million, with a maximum loan of $8 million per project. These loans carry a 36-month term with a 5.5% interest rate and are intended to provide gap financing for shovel-ready projects; only projects deemed ready for immediate development and construction will be eligible. The solicitation (number 12600465) was issued on August 29, 2025, with proposals due by December 31, 2025, via the City of Fresno’s online portal. The funding agreements are contingent upon City Council approval following project selection. While specific contract types and detailed federal contract clauses are not included in the documentation, the program emphasizes developer capability to deliver shovel-ready multifamily housing and compliance with applicable regulatory requirements such as environmental clearance and local building codes. The City’s Housing Finance Division, with Mayra Merino as the primary contact, manages the solicitation and funding process. No formal pricing line items, federal acquisition regulation clauses, evaluation weightings, or contract administration details like invoicing procedures are provided; this opportunity centers on competitive applications for funding support rather than a conventional procurement contract. The City seeks to foster the development of higher-density housing in key urban areas to address housing needs, leveraging loan funds structured to incentivize rapid project mobilization and completion.
General Info
Place of Performance
CA, USASet-Aside
Timeline
Submission Closed
Organization & Contact Information
Full Description
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