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Urban Redevelopment Authority of Pittsburgh·Pennsylvania

Housing Preservation Program

Rolling / TBD close$100k – $1MRequest for Proposal
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Description

The Urban Redevelopment Authority (URA) of the City of Pittsburgh is requesting funding applications for projects seeking Housing Preservation Program (HPP) funds. The HPP will help fund the acquisition, renovation, or operations of existing subsidized or naturally occurring affordable rental units located within the City of Pittsburgh. The program's mission is to invest in affordable rental housing that is at risk of turning market rate. Funding available to projects seeking HPP financing originates from the American Rescue Plan. Applications will be accepted on a rolling basis. • The program is open to projects that aim to preserve affordable rental housing in the City of Pittsburgh. • The funding available originates from the American Rescue Plan. • Applications must include a completed Exhibit B - Application Narrative, Exhibit C - Excel Application, and all applicable attachments listed in Exhibit D - Attachments Checklist. • The requested attachments include legal organizing documents, organizational chart, audited financial statements, and more. • The program has a rolling application process, and the deadline for submission is 5/14/2099 10:30 AM (ET).

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Key dates

Opened
4/14/2023
Closes
Rolling / TBD

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531110
Solicitation №
04142023

Budget estimate

$100,000 – $1,000,000

The budget for this opportunity is not explicitly stated, but based on the program's goal of preserving affordable rental housing, it is likely that the funding will be in the range of $100,000 to $1,000,000. This estimate is influenced by the fact that the program is funded by the American Rescue Plan and aims to support the acquisition, renovation, or operations of existing subsidized or naturally occurring affordable rental units. The actual budget will depend on the specific project proposals and the program's funding limits.

AI estimate from the solicitation

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