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Rental Gap Program

Active
112321State & Local

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

AI Contract Overview

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The Urban Redevelopment Authority of Pittsburgh is soliciting proposals through the Rental Gap Program to provide loans to developers for the creation and preservation of affordable rental housing within the city. The program specifically targets households at or below 30 percent, 50 percent, and 60 percent of the area median income, with a priority on shovel-ready projects that can quickly bring units to market and provide social services. To be eligible, projects must be located in Pittsburgh, consist of at least four units, and comply with all applicable zoning, environmental, and health and safety codes. Eligible borrowers must be experienced development teams, and those utilizing the Housing Opportunity Fund must include non-profit involvement. Funding provided through the program covers hard and soft costs for construction, rehabilitation, and supportive services. Applicants are required to submit a comprehensive package including a detailed narrative, a financial workbook, and various supporting documents such as legal organizing papers, financial statements, and capital needs assessments. Proposals are evaluated based on feasibility, development team capacity, cost reasonableness, and alignment with policy objectives such as geographic diversity and community engagement. The solicitation process includes a non-mandatory pre-application meeting and utilizes the Ion Wave Technologies system for submissions.

General Info

URA Pittsburgh offers loans to developers for creating and preserving affordable rental housing.

Agency

Pennsylvania → Urban Redevelopment Authority

NAICS

561599 - All Other Travel Arrangement and Reservation Services

Place of Performance

PA, USA

Set-Aside

NONE

Documents

(8)

Exhibit B - Rental Gap Program Application Narrative

PDF•application-narrative

Exhibit D - Rental Gap Program Excel Application 11.23.21

XLSX•application-form

Exhibit E - RGP Proposal Evaluation Criteria

XLSX•evaluation-criteria

Rental Gap Program Guidelines - URA Pittsburgh July 2020

PDF•program-guidelines

RFP 112321 Rental Gap Program

PDF•rfp

RFP 112321 Rental Gap Program Q&A

PDF•q-and-a

RFP Rental Gap Program URA Pittsburgh 11232021

PDF•rfp

Exhibit C - RGP Attachments Checklist

PDF•other

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Timeline

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Organization & Contact Information

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AgencyPennsylvania → Urban Redevelopment Authority
ContactsNo contacts available
OfficeN/A
Organization / AgencyPennsylvania → Urban Redevelopment Authority
Office AddressN/A
ContactsNo contact information available

Full Description

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The Urban Redevelopment Authority of Pittsburgh’s (URA requests proposals from developers for the creation and/or preservation of affordable rental housing units, known as the Rental Gap Program (RGP).  The RGP will be used to help fund the creation of new affordable housing and/or preserve existing affordable housing in the City. The RGP provide loans to developers (borrowers) for the creation and/or preservation of affordable units. The RGP is designed to increase the supply of decent affordable housing and to eliminate health, safety and property maintenance deficiencies as well as to ensure compliance with applicable codes and standards.
A non-mandatory Pre-Application Meeting will be held virtually on Zoom. Meeting details are below: Date: Wednesday, December 1, 2021 Time: 10 AM EST Link: https://zoom.us/j/93267106870?pwd=RWRwL05Ebk9YYkRXUU8vU0s3Uzlqdz09 Meeting ID: 932 6710 6870 Passcode: 189116 Although not mandatory for applicants, this meeting serves as an opportunity to have questions answered about the RFP, submission process, the RGP guidelines, etc. All questions and answers from the Pre-Application Meeting will be posted on Ion Wave Technologies.

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