This Solicitation opportunity from Tennessee was posted on December 2, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
RFP/Property Development - 2306 Koblentz Circle & 2508 Taylor Street
Contract Overview
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The Chattanooga Land Bank Authority is seeking proposals from qualified nonprofit and for-profit developers to acquire and develop two parcels located in the East Chattanooga neighborhood, with the goal of creating affordable housing. The parcels will be transferred at no cost to the selected developer(s) under the terms outlined in a development agreement, which will specify responsibilities and obligations. The chosen developer will oversee all aspects of the project, including construction, marketing, and the eventual renting or selling of the units, ensuring the development aligns with affordable housing objectives. The project scope involves development costs ranging from $500,000 to $2,000,000, and the deadline for submitting proposals is January 15, 2025. This initiative is part of the City of Chattanooga’s efforts to promote affordable housing solutions within the community, with the process managed by the Tennessee agency. Interested parties can contact Debbie J Talley via email for further information. The RFP emphasizes a comprehensive development approach, encouraging qualified developers to submit proposals that will contribute to the neighborhood’s growth and housing affordability.
General Info
Place of Performance
TN, USASet-Aside
Documents
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Timeline
Submission Closed
Organization & Contact Information
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