Community Housing Development Organization Funding For Program Years 2025-2026

The City of Bryan is soliciting proposals from Community Housing Development Organizations (CHDOs) to develop affordable housing units for sale or lease to low-to-moderate income households. The city intends to allocate $104,544.33 in funding for this project. The selected CHDO(s) will be responsible for developing and managing the affordable housing units, as well as providing supportive services to tenants. The proposal should include a detailed project budget, marketing plan, and description of the proposed development. • The city is seeking proposals from CHDOs that are certified by the city and eligible to receive HOME Investment Partnerships Program set-aside funding. • The selected CHDO(s) will be responsible for developing and managing affordable housing units for sale or lease to low-to-moderate income households. • The city will provide up to $14,000 in HOME Down Payment Assistance to eligible homebuyers. • The CHDO(s) must supply information on the proposed development, including sales price or rental rate, marketing plan, energy and water efficiency features, and sustainable building materials. • The city reserves the right to accept or reject any or all proposals, and to negotiate with selected CHDO(s) prior to acceptance of the proposal.