RFQ for Development Partner - Sunset Village and 200 Chad Brown Street

The Providence Housing Authority (PHA) is seeking a qualified real estate development partner for the revitalization of Sunset Village and 200 Chad Brown Street in Providence, Rhode Island. The project involves conceptualizing and implementing a sustainable redevelopment strategy, including master planning and phasing, with a focus on the repositioning of Sunset Village and the historic preservation of 200 Chad Brown Street to create approximately 20 new affordable apartments. The selected partner must possess extensive experience in HUD repositioning programs such as RAD and Section 18, as well as expertise in Low-Income Housing Tax Credits (LIHTC), federal and state historic tax credits, and Choice Neighborhood grants. The Development Partner will be responsible for assembling and managing a full project team, securing diverse financing, and ensuring compliance with ADA, UFAS, and Section 504 accessibility standards. Key requirements include providing financial guarantees for construction completion, tax credit delivery, and operating deficits, as well as naming the PHA as an additional insured. Additionally, the partner must adhere to 24 CFR Part 75 regarding Section 3 business opportunities for lower-income residents. Proposals are due by October 16, 2026, and will be evaluated based on a 100-point scale, with the final selection at the sole discretion of the PHA to negotiate a Master Development Agreement.