Description
The City of Springfield is seeking proposals from housing developers to develop or preserve affordable rental housing. The purpose of this solicitation is to identify projects that will also seek an allocation of Low-Income Housing Tax Credits (LIHTC) or other state funding commitments. The City expects to award up to $500,000 in federal HOME funds and anticipates making one or two awards. Proposals are being solicited for new construction, adaptive reuse, or rehabilitation of affordable multi-family rental housing. The proposer must have site control, and other funding sources do not need to be committed at the time of proposal submission.
• The City will award up to $500,000 in federal HOME funds
• Proposals are due by October 27, 2025, 2:00 PM
• A Technical Assistance Session will be held on October 6, 2025, 4:00 pm on Zoom
• Written questions must be submitted by October 8, 2025
• Awards will be subject to the requirements of the HOME Investment Partnership Program