Description
The Benton County Government is soliciting proposals to develop an affordable‑housing project funded up to $2.4 million. Vendors must design, finance, construct, and manage housing units that serve households earning ≤ 65 % of the Area Median Income, include a 20‑year affordability covenant, and meet federal housing quality standards. Proposals require detailed project plans, budgets, performance metrics, and proof of federal and SAM compliance.
• Minimum qualification: serve ≤ 65 % AMI, 20‑year affordability covenant, tenant‑protection provisions.
• Deliverables: full project design, construction schedule, financing plan, operational management, and quarterly reporting.
• Required submissions: four hard‑copy proposals + one electronic copy on USB, including risk questionnaire, financial statements, 2022 audit, SAM registration proof, and signed certifications.
• Evaluation focuses on target population, unit count & mix, timeline, and demonstrated capacity to manage similar affordable‑housing projects.