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  5. ›DCHA RFP 0026-2020 SURSUM CORDA TURNKEY TOWNHOMES HOUSING…

District of Columbia Housing Authority·District of Columbia

DCHA RFP 0026-2020 SURSUM CORDA TURNKEY TOWNHOMES HOUSING COMMUNITY DEVELOPER SOLICITATION

Closes 11/10/2020$2.5M – $8MRequest for Proposal
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Description

The District of Columbia Housing Authority (DCHA) is seeking a development partner to lead a mixed‑income redevelopment of two DCHA‑owned sites – the Sursum Corda Turnkey parcel (1 acre, 28 existing units) and the Sibley Townhomes parcel (0.64 acre, 22 existing units) – plus the adjacent Sibley parking lot. The partner will act as the “housing community developer,” responsible for planning, design, financing, construction, and overall delivery of a 199‑unit affordable‑housing project that includes one‑for‑one replacement of the 50 deep‑subsidy units, integration of market‑rate units, compliance with LEED‑green standards, and coordination with HUD and DCHA regulations. The agreement will be structured as a 99‑year ground‑lease with an exclusive right to negotiate, a $50,000 due‑diligence security, and extensive technical and financial proposal requirements. • Mixed‑income redevelopment of three contiguous sites (Sursum Corda, Sibley Townhomes, Sibley parking lot) in Washington, DC. • Must provide one‑for‑one replacement of 50 affordable units and add market‑rate housing within a 199‑unit total. • Development partner will handle all phases – site planning, financing, design, construction, HUD compliance, and ongoing property management for the affordable portion. • Proposal includes a 75‑page technical narrative and a detailed financial plan; evaluation weighted 70 pts technical, 60 pts financial. • Ground‑lease term 99 years; $50 k due‑diligence security; compliance with Davis‑Bacon, Section 3, M/WBE, and LEED requirements.

Attached files

Contact

LaShawn Mizzell‑McLeod(Contract Specialist)

[email protected]

Key dates

Opened
9/9/2020
Questions due
10/5/2020
Pre-bid meeting
9/28/2020
Closes
11/10/2020

Last updated

Details

Type
Request for Proposal
Industry
Property Development
NAICS
531311
Solicitation №
26-2020

Budget estimate

$2,500,000 – $8,000,000

No contract value is disclosed, but comparable mixed‑income, 199‑unit projects in Washington, DC often range from $50 M to $80 M in total development cost. Development partners typically earn a fee of 5‑10 % of total project cost, plus a possible profit share. That suggests an earnings range of roughly $2.5 M to $8 M for the winning partner, with the lower end reflecting a modest fee structure and the higher end reflecting a larger profit component.

AI estimate from the solicitation

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