Description
The City of New London is awarding ARPA‑funded grants to nonprofit developers to create, rehabilitate, or construct deed‑restricted affordable housing for low‑income households. Applicants must submit detailed portfolios of existing or planned rental and/or sale units, demonstrate compliance with Davis‑Bacon prevailing‑wage rules, and provide quarterly progress reports through a 31‑month performance period. Multiple awards will be made from a $700,000 pool, with a hard‑copy and electronic submission required by mid‑April.
• Eligible entities: nonprofit housing developers/ agencies with existing New London housing inventory.
• Scope includes development, rehabilitation, or new construction of affordable rental or sale units, plus ongoing management and reporting.
• Funding excludes soft costs, land acquisition, design, and appliances; bids must include required bonds and insurance.
• Evaluation based on lowest‑cost responsible proposal; local vendor preference may benefit New London‑based firms.